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DeFi Yield Protocol is Building its way into the Future

Crypto Chain Wire

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DeFi, the fast-growing sector in the crypto industry, now boasts nearly $78 billion locked in multiple protocols, per the latest data from DeFiPulse. The DeFi movement has shown no signs of slowing down over the past year as new protocols continue popping up regularly. These emerging platforms leverage decentralized networks to transform traditional financial products into trustless protocols governed by smart contracts.  

Yield farming aggregator platform DeFi Yield Protocol is leading the charge in the new world order for the financial system by offering rewards in native tokens such as ETH, BNB, and AVAX. The project opens the door to a booming decentralized finance economy that brings crypto proponents options to put their coins to work in a safe and secure environment.

The DYP Team Unveils Their Rebranding Plan!

Following up on the launch of their new smart contract that optimizes the buyback, farm, and staking solutions, the DeFi solutions provider has now announced their complete rebranding process. The plan aims to integrate new and cool stuff that gives the DYP ecosystem fresh air and a unique perspective that will significantly impact the crypto and DeFi community.

Mihai Busica, the DeFi Yield Protocol founder, has unveiled part of the features scheduled for launch this year to create a strong brand and take the project to the next level. The team is building a new logo, website, and Dapps for users to give DYP a new face. They also intend to launch new smart contracts for yield farming, staking, borrowing, and lending that allow the community to benefit from high rewards and maximize their profits.

Moreover, the dedicated team will integrate new exciting products, including a Monthly Lottery and a ‘Special Staking Pool’ to bring more utility for the DYP Tools and generate revenue for the platform.

The fully decentralized lottery will reward DYP Tools users and participants who purchase tickets with bonuses from the Special Staking Pool. The new functions generate sustainable rewards for all users, proving that the DYP protocol is here for the long haul.

The DYP developers reiterate their commitment to creating an original project that builds its product and smart contracts from scratch, giving the project an edge over competitor platforms that copy or use ideas from existing platforms.

DYP is developing a Metaverse Play-to-Earn Game

The DeFi Yield Protocol team is currently designing a Metaverse platform that features the Cats and Watches Society NFTs collection as one of the main characters. The super cool cat digital collection dubbed ‘CAWS NFT’ will bring many benefits to users and have excellent utilities in the upcoming Metaverse.  

Crypto enthusiasts who purchase the super cool cat that collects luxury watches will hold much more than a simple collection of digital art. They will enjoy plenty of advantages on DYP, including the ability to mint an additional stand-alone watch NFT for free.

CAWS NFT holders will also have access to ‘’THE SOCIETY BENEFITS”, allowing them to receive a share of 10% minting fees that will be redistributed to the other NFT owners. 

Holders of the Funky Cat will also receive 2.5% royalties on all secondary sales after the minting process is over and access a special staking pool. CAWS members will also be able to leverage their unique NFT Cat character to gain exclusive access to the Metaverse platform and all DYP products.

Furthermore, The DYP team plans to develop a virtual play-to-earn game, which will be the main attraction of the DYP Metaverse. The V.R. game allows DYPians to enjoy a unique GameFi experience, interact with their peers, make alliances, discover treasures, and earn rewards. Gamers can invest in upgrading their tools and equipment to dig faster for treasures and collect more bonuses.

How DYP is changing the Future in Crypto Earnings

The DYP protocol gives yield farming and staking new perspectives, empowering crypto users to earn even more passive income with their diverse range of products. Per a recent tweet from the team, the protocol has paid a total of 9194 ETH, 9949 BNB, and 25201 AVAX in rewards to users.

The project offers an APR of up to 320% across multiple chains, backing up DeFi market participants with the capacity to lend, borrow, stake, earn interest, and much more. The unique platform grants everyone with an internet connection access to transformational financial solutions such as yield farming, staking, NFTs and DYP Tools.

The latest offering from the leading protocol brings a new DYP Earn Vault that is now ready for action. The product introduces exciting features with compound integration and support for ETH, WBTC, USDC, USDT, and DAI. The contracts have no lock time and deliver 10% APR for ETH and BTC deposits, as well as 15% APR for USDT, USDC, DAI deposits.

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Press Release

Big Red $Td’s Sister Project, $CULO, Announced as Key Sponsor for Karate Combat Kickback 2

Crypto Chain Wire

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Karate Combat Kickback 2 is set to revolutionize the world of combat sports, and Big Red $Td’s sister project, $CULO, will be playing a pivotal role as one of the event’s key sponsors. This beachside battle, taking place at the stunning Parque de Fundadores in Playa del Carmen, Mexico, promises an unparalleled experience for fans and athletes alike.

As the mighty heavyweight champion Smilen’ Sam Alvey defends his hard-won title against challenger Antonio Arroyo, the presence of $CULO, sponsored by Big Red $Td, adds an extra layer of excitement to the event. Karate Combat is renowned as the premier full-contact striking league, blending live-action karate with immersive CGI environments powered by the Epic Games Unreal gaming and virtual production engine.

Featuring Olympic medalists and national champions from around the world competing in eight different weight divisions, Karate Combat is streamed and broadcast to over 100 countries worldwide. Karate Combat boasts league ambassadors such as Bas Rutten, George St-Pierre, Lyoto Machida, and Stephen “Wonderboy” Thompson.

The event will also draw attention from influencers and celebrities, with notable attendees including MoonDaddy, Bitboy, Rodney, and of course George CryptosR_Us.

A Deep Dive into Big Red $Td:

Origins and Vision:

Big Red $Td is not just a meme trading project; it’s a tribute to the rich heritage and innovative spirit of Cornell University. Founded on the Avalanche (AVAX) blockchain, Big Red $Td embodies the ethos of its namesake, combining tradition with cutting-edge technology. The project’s vision is to dominate meme trading while honoring Cornell’s legacy of excellence.

The Cornell Connection:

Cornell University, with its storied history and academic prowess, serves as the inspiration behind Big Red $Td. From its iconic red and white colors to the beloved “Big Red” nickname, Cornell’s influence permeates every aspect of the project. The decision to launch on the AVAX blockchain, rooted in Cornell research, further solidifies the bond between Big Red $Td and its alma mater.

Avalanche Blockchain and Cornell Influence:

The AVAX blockchain, built on research initiated at Cornell, provides the perfect platform for Big Red $Td’s aspirations. Led by Emin Gün Sirer, the CEO of Ava Labs and an associate professor of computer science at Cornell, Avalanche represents a groundbreaking leap in decentralized systems. The collaboration between Cornell and Avalanche underscores the university’s commitment to fostering innovation and entrepreneurship.

Features and Ambitions:

Big Red $Td aims to dominate meme trading on the AVAX blockchain, leveraging its unique features and community-driven ethos. With its vibrant ecosystem and passionate community, Big Red $Td seeks to redefine the meme trading landscape while staying true to Cornell’s values of integrity and excellence.

Fully Doxxed Team and Community Engagement:

The Big Red $Td team comprises experienced professionals from diverse backgrounds, united by their shared passion for blockchain technology and meme trading. With a fully doxxed team and transparent development process, Big Red $Td prioritizes community engagement and inclusivity, fostering a supportive environment for investors and enthusiasts alike.

The Future of Big Red $Td:

As Big Red $Td continues to gain traction in the crypto space, the team remains committed to its mission of dominance on the AVAX blockchain. With upcoming initiatives and partnerships on the horizon, Big Red $Td is poised to solidify its position as a leading player in the meme trading arena.

About $CULO:

$CULO, the sister project of Big Red $Td, is also set to make waves in the crypto world. With a focus on dominating trading on the Polygon blockchain, $CULO shares Big Red $Td’s commitment to excellence and innovation. Together, Big Red $Td and $CULO form a dynamic duo, poised to disrupt the meme trading landscape across multiple blockchains.

For More Information:

– Website: https://thebigredcrypto.com/

– Telegram: https://t.me/TheBigRedTD

– Twitter: https://twitter.com/BigRed_TD

– Contract Address for Big Red $Td: 0x87bbfc9dcb66caa8ce7582a3f17b60a25cd8a248)

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Press Release

Wemade’s Night Crows Achieves Record-Breaking $10 Million In Global Sales Within Three Days Of Launch

Crypto Chain Wire

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  • Over a million pre-registration sign-ups
  • Among the top 10 free new RPG games by downloads in major gaming markets including the United States, the United Kingdom and Japan
  • More than 600 streamers joining the Streamer Supporting System

Leading global game developer Wemade, today announced that the blockbuster MMORPG NIGHT CROWS has surpassed $10 million in global sales within just three days of launch (March 12th). NIGHT CROWS has reached the same milestone ten times faster than the highly successful MIR4 Global launch in 2021, outpacing all previous game titles published by Wemade, and marking an unprecedented milestone in the company’s history.

Rising demand from gamers worldwide

Developed by MADNGINE, the game seamlessly integrates proven content with advanced blockchain technology, including multi-tokenomics, character NFTs, and the “unagi(x)” omnichain messaging protocol. NIGHT CROWS features Unreal Engine 5’s cutting-edge graphics including a fully dynamic global illumination and reflections solution, a thrilling blend of history and fantasy, and innovative features like the use of “Gliders”. Going beyond the simple flight using elevation differences, Gliders enable gliding, hovering, and various strategies for combat by utilizing updrafts, offering a three-dimensional action experience that breaks away from flat-surfaced battles.

This has contributed to a rapidly expanding user base with the average number of concurrent users exceeding 230,000 and reaching a peak of nearly 300,000 players. To accommodate this growth, Wemade has swiftly scaled server capacity, expanding from the initial 24 servers to a current count of 69 to meet the high demand.

Surging to the top of global app rankings in first 24 hours

With over a million pre-registration sign-ups, NIGHT CROWS has shot to the top of the Google Play Store and Apple App Store app rankings worldwide within 24 hours after launching in 170 countries. NIGHT CROWS was among the top 10 free new RPG games by downloads on the App Store and/or Google Play Store in major gaming markets including the United States, the United Kingdom and Japan. 

Streamer Supporting System see early success 

The unique “Streamer Supporting System” (SSS), which fosters a mutually beneficial ecosystem for streamers, supporters, and the game itself, is seeing early success with over 600 active streamers already signed up. Streamers including Kyrobell in the Philippines (86,500 Youtube followers) and Kyoinfinity (33,800 Twitch followers) are driving further user growth with more than 50 livestreams and video walkthroughs of the game already available on the SSS portal.

Discover the world of NIGHT CROWS and learn more at www.nightcrows.com. Streamers can join the Streamer Supporting System at https://www.nightcrows.com/en/sss/introduce.

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Press Release

Breaking Boundaries: Dubai Set to Redefine Blockchain Technology at WBS Dubai

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The 29th edition of the World Blockchain Summit, organised by Trescon and co-hosted by Sun Minimeal, returns to Dubai on 22-23rd April 2024 at the iconic JW Marriott Hotel Marina. This highly anticipated event is summit is set to become a major focal point for global web3 and blockchain innovators to take note of the region’s efforts towards a web3-driven future. This eagerly awaited edition is poised to become a critical hub for global web3 and blockchain innovators, highlighting UAE’s efforts towards a future driven by web3 technology.

The Summit, one of the longest-running global blockchain series, has become a pivotal platform for leading and emerging blockchain and web3 innovators, visionaries, though-leaders and policymakers to deliberate over the trending innovations and solutions that are driving the inclusion of blockchain-based solutions in critical sectors of the global economy.

Benefiting from supportive government policies and a shift towards a digital-first economy, Dubai is solidifying its position as a leading global hub for blockchain innovation, enhancing its digital infrastructure comprehensively. The launch of the Dubai AI & Web3 Campus by the DIFC, alongside the Virtual Assets Regulatory Agency (VARA) Dubai, has attracted global investors and innovators eager to play a pivotal role in nurturing a dynamic digital ecosystem within the UAE.

The Summit will host over 2,000 web3 decision-makers, 300+ investors, and more than 50 speakers. The event will also feature the regional finale of the Startup World Cup organised by the renowned US-based venture capital firm Pegasus Ventures, offering the winner a chance to secure a spot to pitch at the global finals in San Francisco, with a potential prize of US$1 million in funding.

#WBSDubai showcases compelling keynote speeches, use-case presentations by prominent blockchain visionaries and experts, and engaging panel discussions on pivotal topics shaping the web3 landscape. Some of the themes that will be explored at the event include 2024 Blockchain Ecosystem Market Analysis, Decrypting the Regulatory Landscape of Virtual Assets, Emerging Trends in Enterprise Blockchain Adoption, The rise of AI-Blockchain integration and more.

Some of the notable speakers attending the event include:

  • Pascal Gauthier, Chairman & CEO, Ledger
  • Roham Gharegozlou, Co-founder and CEO, Dapper Labs
  • Mike Belshe, Co-Founder & CEO, BitGo
  • Bertrand Levy, VP Global Partnerships, SANDBOX
  • George Gvazava, Chief Crypto Officer, Bank of Georgia
  • Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle
  • Yosuke Yoshida, Co-CEO of EMURGO Middle East & Africa CEO of EMURGO Kepple Ventures, EMURGO
  • Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance
  • Reece Merrick, Managing Director, Middle East & Africa, Ripple

Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”

“In the heart of Dubai’s dynamic tech landscape, blockchain technology stands as a cornerstone in the UAE’s digital transformation. Trescon plays a pivotal role, connecting global entrepreneurs and startups with leading investors and experts. The World Blockchain Summit offers a prime venue for unveiling the latest in blockchain innovation and insights.”, said Sharath Kumar, Commercial Director, Trescon

Registration for the World Blockchain Summit Dubai is still open. Seize the chance to book your slots today and prepare to be a part of another thrilling blockchain and crypto event of the year. Don’t let this opportunity slip away!!

The 29th edition of the World Blockchain Summit is supported by:

Co-Host – Sun Minimeal

Co-Powered By – Ecrox Chain

Gold Sponsor – Medifakt, Crypto2Cash, Anbruggen,

Silver Sponsor- Kreation, Coingames, Reat Capital

Lanyard Sponsor- M2

Badge Sponsor- Ledn

Bronze Sponsor- BitGo,  Block Convey, M2

Exhibitors- Reltime, Qoneqt , C# Corner

Official Accommodation Partner- HotelPlanner

Business Broadcast Partner – CNBC Arabia

Official Newspaper Partner- The Fintech Times

Official Digital PR Distribution Partner – ZEX PR Wire

ABM Partner- Demandify

Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association

Prime Media Partner- Demandteq

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

To book your tickets, visit: https://www.worldblockchainsummit.com/dxb-apr-24?utm_source=media%20PR%20rd2&utm_medium=ZexPR#Ticket-booking-sections

Contact

Shadi Dawi

Director, Public Relations & Partnerships – MENATrescon

shadi@tresconglobal.com

+971 55 498 4989

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