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Press Release

ArenaSwap: The First BSC Based Platform Making Yield Farming Fun

Published

3 years ago

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The process of farming yields in the Defi world has for quite some time proven to be among the most lucrative crypto investment options of our day. Many platforms launch every other day, each promising to provide excellent yield farming services, but instead ending up providing services very similar to the commonly known ones today. 

Due to the absence of fun in the Defi world, investors pull out of projects once they realize their targeted profits, and search for other lucrative products. However, what if there was a platform to provide the much-needed profitable activities with mind-blowing fun?

A new innovative, self-sustained and advanced network is launching yield farming services in the crypto world. This platform, ArenaSwap, will bring an entirely new twist to the crypto Defi world, a synchrony of yield farming and fun.

What is ArenaSwap?

ArenaSwap is the first Binance smart-chain-based Dex project to merge interesting NFT, gaming and gambling options with yield farming. This decentralized exchange platform is on a mission to provide interactive storytelling and gamification into the yield farming and gambling world, thus providing an opportunity for its assets to increase in value perpetually. 

This new platform will introduce a vast array of gaming, gambling, NFT, and yield farming options for utter simplicity and reliability. Let’s dig deeper into the platform, how it works, and the services it provides. 

The ArenaSwap network provides a center where investors and users can explore, play, collect and receive rewards for just playing. This platform currently provides services using highly deflationary tokens, NFTs, and gaming options.

Utterly Deflationary Utility Token

The platform has its native token labeled ARENA, which helps provide the platform’s services. This token aims to be digital gold by increasing in value perpetually. 

Moreover, the platform is structuring a decreasing supply model where the number of tokens burnt is higher than the number of tokens released. Therefore, yield farmers will benefit vastly from this network since the tokens will continually rise in value. Among the deflationary policies instituted include; 

  • 3% of amounts collected in betting pools for each battle is burned
  • In every jackpot, 25% will be burned
  • 85% of quantities used in IGO is burned
  • In Pyramid Royale, 15% of pot amount is burned
  • In every Gladiatorial Odyssey, 80% of the entry fee is burnt
  • 85% of sales when purchasing loot boxes is burnt 
  • 75% of the deposit fee will buyback ARENA tokens for burning

NFT’s Generate Token Rewards

This network uses NFTs and Defi tokens to reward users for their participation in gaming, gambling, or NFT creation in the network. For instance, as mentioned earlier, there are two kinds of gladiators, major gladiators and minor gladiators. 

Major Gladiators and NFTs

Major gladiators(prominent or star gladiators) will participate in the big platform arena, containing 3 participants in each round, black, red, and green team gladiators. One person who bet on the winning gladiator will be randomly selected and awarded the victory NFT award. However, as long as a user bet on the winning gladiator, they will enjoy a share of the pool of bet tokens. 90% of the betting tokens will be paid to the winning team bettors based on their bet. 

Remember, for a person to earn the Victory NFT award, they must have participated in the betting pool, been in the winning Gladiators Team. The larger the bet in the pool, the higher the chance of winning the victory NFT. 

The Victory NFT represents a share of ownership in the gladiator, meaning you will be a beneficiary of every win. As the gladiator grows in levels and earns more experience, so does your NFT value. During the resignation of the gladiator, their NFT value may increase, meaning the NFT holder benefits even further. 

In the major NFT section, there will be an Initial gladiator offering conducted. At this IGO, the value of gladiator NFTs will be low since these gladiators are not yet registered in the roster. 

Currently, the roster has 5 gladiators but it’s expanding to reach their target of at least 16 gladiators. The NFT holders of the winning gladiator will share 3% of the pool token in the betting. Each of these gladiators has a full backstory showing their relationship with other gladiators, their mission and combat style. 

Following every IGO, a lucky investor will earn a limited edition IGO NFT, which has a unique serial number. These limited editions are rarer than the normal IGO NFTs, hence their value is higher than standard IGO NFTs. 

Minor Gladiators and NFTs

Minor gladiators are small players in the network who will never reach the major gladiator arena. Minor gladiators are custom NFTs created and owned by the platform users. The minor gladiator NFTs will possess features like uniqueness. 

To get the customizable NFTs, you need to get loot boxes. Fortunately, there are several easy ways of acquiring the loot boxes, including getting them when your opponent drops them in battle, getting them in airdrops, and staking other tokens. You can find ready armor and weapons, minor gladiators, and monstrous pets in the loot box. 

What About Gaming?

There are excellent gaming alternatives in this platform, divided into the major and minor gladiator sections. The entire gaming section is yet to launch since according to the website, is still a work in progress, set to launch in the 3rd quarter of 2021. This game’s launch will bring an Arena for major gladiators, and a pyramid royale for minor gladiators.  

The Arena for Major Gladiators

The major gladiators play in the gaming arena, where each round has three players, red, black, and green teams. According to the litepaper, Red and black teams have very high chances(20-85%) of winning, while the green team has only(4%) chances of winning. 

The Pyramid Royale and Odyssey for Minor Gladiators

On the other hand, Minor gladiators have their center to engage each other in battle, the pyramid royal. In this royal, the winning rules are simple, i.e., a gladiator must remain at the pyramid’s peak for 60 seconds. During these seconds, some other gamblers and fighters are struggling to attain the peak point. 

If at the end of 60 seconds the player is still at the peak of the pyramid, they will face off against the worst of the worst infernal guardians, after which you can win a jackpot and the NFT of the infernal guardian you defeated. 

The Odyssey for Minor Gladiators is another excellent option provided for minor gladiators. Here, minor gladiators can also be transported to different parts of the cosmos using the Odyssey, where they can garner and maximize returns quickly. 

Why Should You Invest in ArenaSwap?

Best Class User Interface(UI) and User Experience(UX)

As noted, this platform combines a lot of activities in the same applications. Usually, many platforms would complicate things making it super hard to access some of the most necessary services within the network. However, the ArenaSwap network, much like the entrance to a normal Arena, makes its services easy to access for the users and increases the possibility of creating income streams. 

For instance, the user interface(UI) in design will easily display all the necessary services or utter simplicity. Accessing the tools like major or minor gladiators, gambling and IGO are displayed readily for the users.

For instance, once you open the website, you see a dashboard panel on the left-hand side. This dashboard has displayed tools like farms and pools, referrals, pyramid royale, Odyssey, IGO, Loot boxes, Audits, and more. The more section has the necessary documentation, including the lite paper, docs, Github, and the blog page. 

The user experience(UX) is also top-notch since accessing the services is easy. On a single touch, you can open each of the services you want to work with. Even more interesting are the layout and the direct links to the wallet of your choice. Because this platform wants to ensure you get the best experience, it currently supports tons of crypto wallets like Metamask, Trustwallet, Mathwallet, Token Pocket, Wallet Connect, and Binance chain wallet. Everything is available on a single touch. 

Even more, the website is naturally in a dark mode. Today many people who take long hours using computing devices prefer using dark mode settings to protect their eyes. The Arenaswap platform is natively in Dark mode, thus ensuring more convenience.  

Ample Opportunities To Earn Incomes with NFT

As already mentioned, the primary objective of launching this platform is to provide ample yield farming opportunities, merged with fun. ArenaSwap’s native token, ARENA, will be an excellent yield farming asset for the average user due to its deflationary nature. 

Furthermore, the platform has the major gladiators NFTs which help in generating incomes for their holders as the gladiator increases their wins. By having multiple token use cases the platform is creating a vast array of opportunities for investors to earn passive incomes. 

Audit and Security

Security is one of the major issues clouding the decentralized finance world today. However, the ArenaSwap network is not compromising on safety. Foremost, this platform is audited by a popular blockchain auditor and given a business go-ahead. The idea is to ensure that all users remain with top security and enjoy utter efficiency. By posting the report on their website, the platform proves to function with transparency. 

In a Nutshell

After looking into the ArenaSwap platform, it’s clear that this platform is here to revolutionize the Defi world. This network interacts with gaming, yield farming, and NFTs in the same dashboard, easing the earning of incomes effortlessly for the users. 

There will be gaming options for major and minor gladiators, the former being the star NFTs which play in the big leagues(Arena) while the former remaining the customized NFTs that play in smaller leagues. Moreover, the platform has advantages like an excellent user interface, high security, and community involvement. You can invest in the ArenaSwap Dex whilst you wait for the launch of the gaming options.  

To directly interact with its expanding community and to learn more about this wonderful project, visit their social media pages: Telegram, Twitter or directly access their Website.

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Press Release

Shemaroo, One of India’s Leading Media Corporates, Partners with PWR Chain to Pioneer the Next-Level Metaverse Experience for Their 200M-Strong Audience

Published

2 hours ago

on

November 22, 2024

By

  • ShemarooVerse, exclusively launching on PWR Chain, merges Shemaroo Entertainment’s extensive content library with advanced blockchain technology. 

Shemaroo Entertainment, a leader in India’s media and entertainment industry for over six decades, has announced a strategic partnership with PWR Chain, an advanced Layer 0 blockchain infrastructure. Through this alliance, PWR Chain becomes the official blockchain partner for ShemarooVerse, Shemaroo Entertainment’s immersive platform set to deliver next-generation immersive content. This partnership is a landmark step in India’s entertainment and technology landscape, combining Shemaroo Entertainment’s vast content offerings with PWR Chain’s scalable and environmentally efficient blockchain capabilities.

With an expansive digital footprint across more than 50 content channels on YouTube, Shemaroo Entertainment commands over 200 million subscribers and garners 100 million views daily across diverse categories, including Bollywood, regional, television, devotional, and children’s entertainment. ShemarooVerse will leverage PWR Chain’s high-speed, decentralized infrastructure to create an immersive, interactive digital experience for audiences in India and beyond.

PWR Chain’s blockchain technology is among the most sustainable, operating with a minimal carbon footprint. Unlike conventional blockchains that require high energy resources, PWR Chain achieves high throughput with minimal power, processing over 300,000 transactions per second while using only a single CPU core per validator node. This efficiency allows ShemarooVerse to scale seamlessly without environmental impact, setting a new standard in green blockchain technology for the entertainment industry.

As Shemaroo Entertainment transitions its expansive IP portfolio onto the blockchain, PWR Chain’s infrastructure offers creators unique opportunities to monetize their content through tokenization and digital collectibles, a pivotal innovation in India’s content landscape. 

The advanced interoperability and scalability of PWR Chain enables ShemarooVerse  to leverage PWR Chain’s developer-friendly design, the first blockchain that allows deploying full software applications in traditional coding languages. By leveraging PWR Chain’s instant finality and quantum-resistant security, ShemarooVerse offers users a secure, dynamic, and immersive digital space for authentic engagement with Shemaroo Entertainment’s iconic content.

Arghya Chakravarty, COO of Shemaroo Entertainment Ltd., said, “Partnering with PWR Chain marks a transformative leap in digital engagement for Shemaroo Entertainment. ShemarooVerse will benefit from the speed, scalability, and sustainability of PWR Chain’s blockchain infrastructure, offering audiences a more immersive, secure entertainment experience. We are thrilled to bring ShemarooVerse to life in a way that resonates with the evolving preferences of digital consumers.”

Melanie Mohr, CEO at PWR Labs, added, “Shemaroo Entertainment’s leadership in Indian entertainment provides an ideal platform to demonstrate PWR Chain’s high-performance, eco-friendly blockchain technology. This partnership not only underscores the potential of blockchain for enhancing digital experiences but also positions PWR Chain to drive growth and create engaging opportunities within India’s entertainment industry.”

This partnership highlights Shemaroo’s commitment to digital innovation and sets a precedent for India’s entertainment industry by bridging traditional media with Web3. By exclusively hosting ShemarooVerse on PWR Chain, Shemaroo Entertainment and PWR Chain are set to reshape India’s digital landscape, offering creators and fans new, dynamic ways to engage with content. 

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Press Release

The Key to Mass Adoption: QuantumFusion’s Developer-Friendly SDK

Published

5 hours ago

on

November 22, 2024

By

  • Why dApps Haven’t Reached the Mainstream

Blockchain technology has long promised to revolutionize our digital interactions, yet widespread adoption remains slow. Other than the battle for regulatory clarity necessary for institutional capital to flow into DeFi and other utility sectors, there are three key fundamentals we believe are currently inadequate for mass adoption:

  1. Speed
  2. Cost
  3. Reliability

Ethereum has the largest DeFi market cap by a significant margin; according to DeFiLlama, over 60% of the total value locked in DeFi is on Ethereum, even higher if you bundle in its Layer-2 solutions, like Arbitrum and Optimism. 

But nobody can reliably use Ethereum at a reasonable cost. Data from Etherscan gives an average of $23.36 per swap as of 11/18/2024, completely unfeasible for the average user. Additionally, Ethereum’s time to settle a transaction (finality) of 12-15 minutes and the very low transaction per second the network can handle (15-30 TPS) is not up to the task of mass adoption. 

We’ll give Ethereum its due; it is extremely reliable, and this is a contributing factor in its dominant position within the DeFi space. Everyone wants to build on Ethereum, but relatively few can afford to use what is being built. 

You might have heard people say, “Solana has none of the issues facing Ethereum; it’s cheaper and faster!”

And they’d be correct, but only on the speed and cost front. 

One of the critical issues facing Solana is reliability. Blockchain outages cause the near-complete shutdown of all on-chain activities. During these outages, many are left helpless, watching themselves get liquidated and unable to do anything about it. To put it simply, fast and cheap is only useful if you aren’t left with your pants down when the network crashes. 

All of this is to say the user experience for most dApps is not where it needs to be: useable but nowhere near the standard of Web2. As seen in the case of Ethereum, utility developers want to build on a chain that won’t break, has excellent performance characteristics, and, most importantly, is developer-friendly.

We don’t have to reinvent the wheel. No advancement in computing is required; we’re not talking about a theoretical, futuristic concept that will take decades to realize. 

Henry Ford didn’t invent the car, he just figured out how to make them faster and more efficiently than everyone else.

QuantumFusion is to the blockchain industry what Ford was to the auto industry.

But how?
High Transaction Throughput for a Seamless User Experience

QuantumFusion’s infrastructure revolutionizes transaction speed and cost, addressing the limitations of slower blockchains like Ethereum. Powered by the SPIN (Short-term Parallel Incremental Network agreement) consensus protocol, it achieves 0.1-second block finality, enabling real-time transactions without bottlenecks or delays–essential for applications like gaming or high-frequency trading.

Faster, cheaper transactions significantly enhance user experience, reducing frustrating wait times and making blockchain applications practical for everyday use. Scalability is central to QuantumFusion’s design, supporting high-demand, real-time applications without congestion. 

With 100-millisecond finality and targeting 10,000+ TPS, QuantumFusion enables a plethora of blockchain applications:

  • Real-time social networks with real-time posts and interactions.
  • Blockchain gaming with secure, verified assets and actions.
  • Financial applications with fast, reliable settlements comparable to centralized exchanges.
  • Collaborative tools for seamless decentralized teamwork; on-chain Google Docs.

Unlike networks that struggle under heavy loads, QuantumFusion embraces them by balancing speed, cost, and reliability, enabling a robust ecosystem for developers and users alike. 

QuantumFusion sets the stage for blockchain’s mainstream adoption.

QuantumFusion’s Native-First SDK: Simplifying Development for Mass Adoption

For blockchain to achieve mass adoption, developers need tools that are powerful, intuitive, and designed with real-world usability in mind. QuantumFusion’s native-first SDK aims to redefine how dApps are built, focusing on seamless integration and superior performance in both desktop and mobile environments—where users increasingly interact with technology.

Most crypto participants are using their mobiles; as of January 2024, 63% of visitors to Kraken’s website accessed the platform via mobile devices, while just 37% used desktop computers.

To meet market demand, it is essential to cater to mobile users. To do that, the infrastructure must build a development environment with that in mind. QuantumFusion has built its SDK utilizing light clients like Smoldot to provide mobile users with real-time, low-latency experiences.

Unlike many existing platforms that prioritize web-first development, QuantumFusion’s SDK delivers a native-first approach, enabling dApps to feel as intuitive and responsive as traditional Web2 applications. 

Additionally, through Smoldot, QuantumFusion’s SDK supports WebAssembly, enabling developers to work in their preferred programming languages–this acts as a talent multiplier; the pool of potential developers is huge. Empowering the creation of complex, scalable applications from DeFi platforms to real-time gaming is half the battle; attracting the creators is key.

The goal of the SDK is to create a future-proof environment where developers can create dApps for the end-user without being forced to optimize for desktop in a world where everyone is using mobile. Bridging the gap between user-friendly tools and blockchain innovation ensures developers can focus on building dApps that not only perform but also captivate.

QuantumFusion’s SDK is more than a toolkit—it’s the key to unlocking the QuantumFusion blockchain’s potential, paving the way for mainstream adoption with simplicity, efficiency, and accessibility at its core.

Join the QuantumFusion Revolution

Web3 has immense potential, but the issues of speed, cost, and reliability are barriers to a smooth user experience. No one will use infrastructure that only works sometimes, and even when it does, it costs a small fortune and an unreasonable length of time to do anything worthwhile.

If the Web3 experience isn’t at least on the same level as Web2, then how are we going to attract mainstream attention?

QuantumFusion is breaking through these limits with an ecosystem designed from the ground up to deliver what users and developers have long been waiting for: seamless, scalable, and accessible blockchain solutions.

That’s it; that’s the goal. 

Through their SDK, QuantumFusion equips developers to create dApps that feel as intuitive as the best Web2 applications. Whether for mobile or desktop, this toolkit empowers innovation with real-world usability and future-ready performance. Paired with 0.1-second block finality, QuantumFusion makes real-time, cost-effective transactions a reality.

This is more than just incremental improvement; it’s a reimagining of what blockchain can achieve with a roadmap of how we can get there. QuantumFusion’s infrastructure unlocks opportunities that have only been half-realized so far. It isn’t just solving old problems—it’s setting a new standard for what blockchain technology should deliver.

Explore QuantumFusion, follow their progress, and help us build a decentralized future for everyone. 

Website: https://qfnetwork.xyz

X: @QuantumFusion_

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Press Release

MemeSparks.com Launches Innovative Service Integrating Web3 with AI Text-to-Video Technology

Published

5 hours ago

on

November 22, 2024

By

MemeSparks.com, a revolutionary Web3 platform, announced the launch of the first-ever platform integrating Web3 with AI-driven text-to-video technology. This innovative platform has the potential to drastically reduce the time, cost, and resources of video production. Its goal is to help memecoin developers and teams produce high-quality products faster and at substantially lower costs. The newly-launched service is available in exchange for the $MEMEKS utility token and Solana (SOL).

MemeSparks.com harnesses the power of artificial intelligence to transform written scripts into prime video content. The platform relies on the transparency and security of smart contracts to facilitate safe transactions between creators and consumers. This technology ensures creators receive fair compensation for their work and clients engage in digital transactions within a secure environment.

The platform will be available globally, allowing creators from various backgrounds and geographical locations to receive appropriate financial reward for their content. More importantly, anyone in the world can become a video producer even if they lack the necessary skills but have an idea for video content.

MemeSparks.com is steadily building a powerful, decentralized ecosystem with a digital marketplace at its center. Here, creators can rent out or sell their content produced via the platform’s AI text-to-video technology. The marketplace will support two tokens, $MEMEKS or SOL coins. The generated profit goes to the Community Wallet, which is controlled by the developers. The latter have already pledged to give monthly reports on its use and will only get a 10% share from the wallet for their services. Another 10% will go toward the platform’s marketing and the $MEMEKS coin development. The platform’s website maintenance will receive 20% while the remaining 60% will be used according to the votes of $MEMEKS holders.

The platform will also have a decentralized autonomous organization (DAO), allowing members to vote and decide marketing strategies, partnerships, airdrops, etc. Purchasing $MEMEKS tokens will automatically make users part of the DAO. The organization will function via two entities, the Council of Creators and the General Assembly. Every proposal advanced for voting will require a minimum quorum of 20% of total $MEMEKS. Lastly, the voting process will be 100% transparent to all members, and it will feature pre-voting discussions and clear rules to ensure complete fairness.

The advent of AI technology will reshape numerous industries, including video production. MemeSparks.com aims to spearhead the technological revolution in this field by delivering a user-friendly service for developers and creators. This platform fuses Web3 with AI text-to-video technology  to democratize video content production, and boost interactivity and engagement for audiences. It also uses a transparent and effective decentralized governance model to give consumers unmatched control over the digital art they create and the platform’s development.

Jay Chambers, CEO, Core Developer and founder of MemeSparks.com, commented on the platform’s mission:

“Our vision was to create a platform where creativity meets technology in its purest form. By integrating Web3 with AI text-to-video, we’re not just launching a product. We’re setting the stage for the next generation of digital content creators and consumers. This is about empowering people with tools that were once exclusive to large studios or tech giants.'”

The platform’s development does not end here. MemeSparks.com plans to introduce more features, including AI-driven editing tools, enhanced creator monetization options, and more interactive viewer experiences. Ultimately, the platform should become the meeting place for creators, investors, and technology enthusiasts, where they can innovate via a unique integration of Web3 and AI.

About MemeSparks

MemeSparks.com is a groundbreaking project aiming to empower creators and consumers into producing high-quality and cost-effective content faster than ever before. The platform seamless integration of Web3 and AI text-to-video produces cutting-edge technology. Above all, it fosters a more sustainable future for creative freedom and digital ownership for users worldwide.You can learn more about MemeSparks.com and stay up-to-date with its developments here: Website | X (Twitter) | Telegram

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