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New DeFi Project BurgerSwap Caught the Attention of Crypto Industry Leaders

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Analysts from across the crypto-sphere were caught off-guard by the sudden 22% increase in Binance BNB tokens this week. At first, people thought this influx of capital was the start of a pump-and-dump scheme. However, after reviewing the data, it turns out that the increased demand was the direct result of the launch of the BurgerSwap platform.

Record Growth

The steep appreciation surprised many in the market. Especially once it was revealed that BurgerSwap only launched 24 hours prior. Since the launch of this revolutionary protocol, there has been a record number of transactions on the Binance Smart Chain. These stats continue to drive interest in BurgerSwap to new heights.

What is BurgerSwap?

BurgerSwap is an open-sourced democratized automated market maker. Developers launched the project with the purpose of decoupling the interest generation and productivity providers in the market. Notably, this platform resides on the Binance Smart Chain. As such it enjoys access to a variety of helpful features. 

Another Tasty Platform

Following along the lines of SushiSwap, in terms of names, developers choose to stick with another crowd favorite – burgers. Developers built BurgerSwap as a replacement for the SushiSwap project. Discussing their improvements, the team spoke on their approach to the market and how it differs from SushiSwap. Lastly, they spoke on their core goal to make DeFi accessible for everyone.

What Problems Does BurgerSwap Fix?

One of the main drawbacks of many DeFi projects currently in the market is the reward distribution mechanism. This mechanism resides inside a smart contract that automates the processes. However, the current market standard leaves investors guessing as to their exact rewards. BurgerSwap introduces a new implementation of the ERC-2917 token standard to alleviate these concerns.

ERC-2917 improves the power of Uniswap. To accomplish this task, the protocol alters both the incentive model and community governance systems of the network. Additionally, the BurgerSwap protocol abstracts the interface for the interests generation process which further streamlines the entire process. Specifically, the update makes it much easier for wallet applications to collect vital DeFi metrics.

Core Code

The BurgerSwap platform utilizes proprietary coding to provide users with a better UX compared to SushiSwap. This advanced coding was built from the ground up and is not a duplicate or copy of other platforms in the market currently. Additionally, the coding for BurgerSwap is open-sourced. Open-source projects are far more secure because they allow the community to test the merits of the code.

Binance Smart Chain

BurgerSwap is a democratized exchange that resides on the Binance Smart Chain. Binance Smart Chain enables fast, cheap, and secure payments globally. Additionally, the platform is EVM compatible. Today, there are multiple assets listed in its BEP-20 format, with more entering the market weekly.

One of the main advantages of the decision to launch on Binance is convenience. For example, all tokens have BNB pairs. In addition, each asset will also feature a direct BURGER pair. Importantly, this pair needs to account for at least 1% of the liquidity of the asset to be eligible for mining rewards from the platform.

Who is Behind this Amazing Project?

While the exact details of everyone on the BurgerSwap project are still shrouded in mystery, some details emerged recently. For one, the entire development is self-funded. As such, everyone that works on the project receives no salary for their efforts. Also, developers announced they have no intention of conducting any ICOs for the project as well. The only compensation the team receives is 10% of all the fees.

Burgers for Everyone

The numbers don’t lie. BurgerSwap hit the track in full gear. This unique platform provides much-needed liquidity. Additionally, it demonstrates some of the benefits found on the Binance Smart chain. You can expect to hear more about BurgerSwap as the market continues to show an appetite for something new.

Useful Links

BurgerSwap announcement: https://medium.com/@bnburgerking/introducing-burgerswap-a-democratized-amm-on-binance-smart-chain-ac19287b5a2a 

BurgerSwap exchange  https://burgerswap.org/

Github: https://github.com/burgerswap-org/burgerswap-core

Twitter: https://twitter.com/burger_swap

Telegram:  https://t.me/burgerswap 

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ABC Conclave Dubai 2024: Pioneering the Next Wave of AI, Web3, and Gaming

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ABC Conclave Dubai 2024, the world’s largest Web3 conclave, has successfully wrapped up as it brought together innovators, thought leaders, and enthusiasts from AI, Web3, and gaming. The event, held on October 11-12, 2024, at the luxurious SO/ Uptown Dubai, attracted over 3,500+ attendees, including 100+ top industry speakers, 1,000+ blockchain developers, and 500+ Web3 founders, to explore blockchain, AI, Web3, and gaming.

Under the theme “Future Fusion: Uniting AI, Web3, And Gaming,” this year’s event showcased groundbreaking insights, collaborative discussions, and the latest advancements that promise to redefine the digital landscape. Supported by the Private Office of His Highness Sheikh Hamdan bin Ahmed Al Maktoum and the Private Office of His Highness Sheikh Ahmed Bin Faisal Al-Qasimi, this conclave highlighted the importance of cross-industry partnerships and innovation.

This year’s conclave has set a new standard for industry collaboration and innovation with Tenset as the title sponsor, attendees experienced a rich agenda featuring 25+ insightful seminars, inspiring keynote speeches, A prestigious Awards Night celebrating the visionaries and pioneers who have made outstanding contributions to the industry and immersive workshops, panel discussions, hackathon, workshops led by industry experts who delved into the potential of decentralized technologies, artificial intelligence, and immersive gaming experiences.

The conclave also sheds light on integrating Web3 technologies into gaming, illustrating how decentralized gaming platforms are set to revolutionize user engagement and ownership. Discussions emphasized the role of AI in enhancing user experiences. The event also featured live demonstrations of innovative gaming applications powered by AI and blockchain, allowing participants to experience these technologies’ potential firsthand. Networking opportunities were abundant, with many attendees forging valuable connections that could lead to future collaborations in the ever-evolving tech landscape.

Dunston Pereira, Chief Executive Officer,Private Office of His Royal Highness Sheikh Ahmed bin Faisal Al Qassimi;Shaping the future of blockchain and digital assets in Dubai is a collective effort that requires collaboration, innovation, and commitment. The journey we embark on today is not just about technology; it is about building a better future for our people. As we move forward, let us embrace the possibilities that lie ahead and work together to create a thriving digital economy. The UAE is poised to leverage these technologies to elevate public services, empower entrepreneurs, and accelerate our transformation into a global digital hub”.

Mat Milbury, CEO, Tenset; on his keynote. “I’ve watched projects fall apart because they didn’t know the landscape and I’ve seen projects succeed beyond expectations because they know exactly which trivial mistakes to avoid’’

Yat Siu, Co-Founder and Chairman, Animoca Brands; “The world is currently divided into the top 1% and the bottom tier, with 90% or more people at the bottom. This divide is reshaping politics and leading to discussions about socialism. However, the physical world, particularly in the token world, is experiencing growth, with projects like bitcoin, Ethereum, and altcoins experiencing significant growth. This trend is evident in the industry of web3 and other digital currencies, which have been around for years.”.

Steve Good, CEO, Dreams Quest;DreamsQuest has been creating content that combines dreams and reality to help people see the world differently. The founder believes that all humans have a purpose and mission, and two fundamental truths are true for all: our spirit yearns for freedom, and our souls desire a deeper connection. DreamsQuest aims to fulfill these two fundamental truths by helping people reach the same objective, focusing on the spirit’s yearning for true freedom and the soul’s hunger for a deeper connection”.

The event also focused on other key topics such as:

  • How Tokenization Can Reshape Capitalism and Bring New Opportunities
  • Gaming Initiative 2033: The Future of Gaming in the UAE
  • AI x DeFi and the Future of Crypto Trading
  • Next-Generation Wallets: Paving the Way for Mass Crypto Adoption in Dubai
  • Meme Economy: Leveraging Internet Culture to Fuel Dubai’s Digital Market
  • CBDCs and Digital Currencies: Dubai’s Role in Shaping the Future of Money and many more.

ABC Conclave Dubai edition featured an exceptional lineup of speakers who delivered groundbreaking insights during the event on 11 -12, Oct ‘24:

  • Dunston Pereira, Chief Executive Officer, Private Office of His Royal Highness Sheikh Ahmed bin Faisal Al Qassimi
  • Mohammed Yaseen, Founder, Esports & Gaming Association
  • Yat Siu, Co-Founder and Chairman, Animoca Brands
  • Alexandre F., Chief Partnership Officer, SwissBorg
  • Matthias Sheikh Mende, Visionary Founder, Bonuz / Dubai Blockchain Center
  • Naeem Aslam, CIO at Zaye Capital Markets | Columnist At NASDAQ, CNN
  • Serena Sebastiani, Senior Director – Financial Services Advisory, PwC Middle East
  • Arslan Kiran, Head of Growth, The Sandbox – Turkey/Germany/MENA
  • Amnah Ajmal, Group Executive-Merchants & Commerce, Digital Partnerships & Fintechs, Public Sector, Strategy, M&A, Mastercard
  • Saed Ereiqat, Co-Founder, ICP HUB GCC
  • Alex Chehade, e2x Ventures, Ex – Binance MENA, Founder, General Manager
  • Ajeet Khurana, Founder, Reflexical
  • Marcello Mari, Founder and CEO, Singularity DAO
  • Geoff Mcalister, Co-Founder, Crypto Risk Office
  • Ravikant Agrawal, Polygon Labs, Director of  Growth
  • Arpit Sharma, COO, PWR Labs
  • Kevin Raham Soltani, Founder & CEO, GIMA Group, Inc
  • Stefano Virgilli, Technology and Communication
  • Saloi Benbaha, Head of XDC Network Enterprise Alliance & Ventures, XinFin Powering XDC Network
  • Amalia Grochal, Founder and CEO, MIRAI DAO
  • Anton Golub, Founder, SwissAssetDA
  • Cal Evans, Managing Associate, Gresham International
  • Brent Fulfer, Principal, Blockchain Founders Fund and more.

ABC Awards – Dubai ’24 winners include:


   
1MastercardBest Enterprise Adoption of Web3
2PwC Middle EastExcellence in Blockchain Advisory Services
3Private Office Of His Highness Sheikh Hamdan Bin Mohammed Al MaktoumFuturistic Technology Advocate Award
4Private office of His Royal Highness Sheikh Ahmed bin Faisal Al QassimiInnovative Contribution to Digital Transformation
5XDC NetworkLeader in Hybrid Blockchain Solutions
6CNN Business ArabiaBest Fintech Media
7BitgetBest Crypto Exchange
8Al ShamshiBest Legal Advisor for Business Structuring & Corporate Litigation in Web3
9DVerseBest Marketing Agency
10EGABest Gaming/Esports Company
11EcoBloxExcellence in AI and Blockchain
12Wisdomwise⁠Best AI Trading Platform
13Dubai Future District FundEcosystem Leadership Award
14HackenBlockchain Security Auditor of the Year
15Finance Middle EastLeading Magazine Partner for Financial Innovation and Web3

“We are thrilled with the success of this year’s ABC Conclave,” said Kirubakaran Reddy, Founder of ABC Conclave & AlphaBlockz. “The energy, innovation, and collaboration we witnessed reaffirm that Web3, AI, and gaming are not just shaping the future—they are the future. This conclave is more than an event; it’s a movement driving real-world impact, fostering groundbreaking ideas, and uniting visionaries who are building the next digital frontier.”

The Dubai edition of the ABC Conclave ‘24 was supported and sponsored by:

 Supported by:

Title Sponsor: Tenset

Powered by: Gora

Legendary Sponsors:

Epic Sponsors:

Rare Sponsors:

Official Media Partner:

Official PR Partner:

Exclusive Talkshow Partner

Innovation Partner:

Association Partner:

About ABC Conclave

ABC Conclave 2024, hosted by AlphablockZ, aims to reach a global audience within the crypto community through dynamic social interactions.  It promises an exceptional lineup of esteemed Speakers, cutting-edge Projects, and esteemed Partners.

The event, hosted in Dubai and Bangkok, brings together visionaries, industry leaders, and entrepreneurs to discuss blockchain, cryptocurrency, and fintech. The Conclave serves as a catalyst for change, fostering knowledge exchange, debate, and shaping the future of cryptocurrencies. The primary goal is to ignite conversations about the potential of cryptocurrencies and accelerate their adoption worldwide. The event will be promoted through various platforms and influencer collaborations.

For more information, visit: https://www.abcconclave.com

For further details about the announcement, please contact:

Jagriti Jaiswal
CGO | Head of Partnerships

ABC Conclave
info@abcconclave.com

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Press Release

KUN confirmed as Primary Exhibition Sponsor of Hong Kong Web3 Festival

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As a global pioneer in the payments industry, KUN is proud to participate as a sponsor at Hong Kong Web3 Festival 2025, joining Web3 users, industry leaders, and technology experts from around the world to discuss the future of blockchain technology and digital payments. As a sponsor for the second consecutive year, we look forward to sharing KUN’s practical experience and innovative achievements in Web2+Web3 cross-border payment solutions. We are also eager to engage with partners from various sectors to explore new opportunities that empower the global economy.

KUN (KUN.global) is an innovative digital payment technology company based in Hong Kong and Singapore, built on Web2+Web3 payment licenses and compliance systems. Its business spans emerging markets in Asia, Africa, and Latin America. The company primarily provides secure, convenient, and efficient one-stop digital payment solutions for enterprises and individual clients in cross-border trade, overseas services, and the Web3 industry. KUN is dedicated to building the next-generation global digital payment network for the future.

KUN has developed three core product lines: 

  1. KUN.crypto: The Stablecoin Payment and Management Platform
  2. PayX: The One-Stop Payment Service Provider for Emerging Markets
  3. K-Card: Your Reliable Card Solutions Partner

KUN depends on technological innovation and compliance, empowering businesses to tackle the challenges of cross-border payments and digital asset management while driving the healthy development of the industry.

We look forward to seeing you at Hong Kong Web3 Festival 2025 and embarking together on an exciting journey toward the future of Web3!

KUN:https://www.kun.global/

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

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MAGAVERSE Shakes the Crypto World with $1M Donation to Trump-Endorsed Organizations

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MAGAVERSE, the trailblazing memecoin project, has made history with a stunning $1,000,000 donation to organizations endorsed by former President Donald Trump. The donation, aimed at supporting MAGA initiatives and advancing the cause of freedom, has positioned MAGAVERSE as a serious player in both the cryptocurrency world and the political landscape.

This bold move matches the $1,000,000 contributions from industry leaders like Mark Zuckerberg and Jeff Bezos, sending a powerful message of gratitude and dedication from the MAGAVERSE community.

The impact of this donation has been felt far and wide, as MAGAVERSE has garnered national attention and earned a special place in Washington D.C.’s prestigious events this week. Members of the MAGAVERSE team are attending inaugural galas and official balls as special guests, further solidifying their reputation as key players in the crypto and political spheres.

“They are the talk of the town,” a prominent DC insider commented. “Meme coins have traditionally been underestimated, but MAGAVERSE’s $1M donation has changed the narrative. People are now recognizing the influence and vision of this innovative group.”

A Bright Future for $MVRS

The official ticker for MAGAVERSE, $MVRS, is experiencing newfound momentum as MAGA influencers and crypto enthusiasts flock to join the project. With whispers of major announcements on the horizon, the MAGAVERSE core team has hinted at exciting developments that promise to reshape the community and expand its reach.

This milestone donation demonstrates the growing impact of the MAGAVERSE community and the project’s commitment to both political and financial innovation. As the nation watches, MAGAVERSE continues to prove that meme coins are more than a trend – they are a force to be reckoned with.

For more information about MAGAVERSE, visit https://mvrs.wtf/

Follow their journey on social media at:

Twitter: https://x.com/mvrs

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