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ODIN Protocol Goes Live on Binance Smart Chain (BSC) with a BANG!

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The ODIN protocol has officially launched on the Binance chain in its continued efforts to democratize the Big Data industry, currently valued at over $260 billion. The Open Data Interoperable Network (ODIN) is a decentralized system aimed at organizing the data oracle network, based on an open protocol for interaction with market participants and a sustainable economy. The project seeks to introduce the future of true decentralized big data by building a decentralized peer-to-peer data sharing and trading ecosystem. ODIN essentially combines the benefits of cryptography and decentralized technologies. The new system also brings together the simplicity of connecting data providers and the flexibility of developing contracts to receive and process data from them. The result is an ecosystem that increases the scalability and reliability of circulating data. This BSC integration will help the ODIN system achieve its goal of building an open ecosystem that establishes trust relationships between the market participants while giving back control to data generators (the users). ODIN will tap into the scalable BSC blockchain to eradicate intermediation in the industry and foster faster growth and adoption of the project’s native tokens. The move to BSC will now enable users to execute operations at high speed and low transaction costs. The ODIN team chose to build on Binance Chain due to the fast-growing ecosystem of the Binance network and lower gas fees compared to Ethereum.

The ODIN Protocol Binary Token System

The ODIN protocol implements a binary token system consisting of the native GEO and ODIN tokens. ODIN has its initial total supply capped at 100M tokens and is used to secure the network and serve as a means of payment for Data consumers; the community also uses it to participate in System Governance.  ODIN applies a deflationary mechanism and 20% of all tokens will be burned, resulting in a final supply of 80m. The protocol also usesthis first token as an incentive for validators to produce new blocks and submit responses to data requests. Validators are rewarded with a 12% APR of the subsidy in each block. They also receive 100% of the fee paid by users and all the tokens received due to violations of the ODIN protocol rules. The second token, GEO, has a total supply capped at 350 million tokens and is used as payment to Data providers. GEO serves as an inflationary token that data producers and data providers can quickly obtain. The ODIN team will use an auction mechanism to buy out a certain GEO amount for the ODIN token if the data is paid and consumed in the system. Moreover, 50 million GEOs are to be distributed among data providers for about five years with an average rate of 27.400 per day. Tokens bought back by the foundation from the data acquisition transactions will be used to reward the next group of data-generating users.

ODIN use cases

  • Streaming of anonymized user-generated data such as location, health, consumption, mobile data & others from off-chain applications to onchain smart contracts.
  • Dynamic NFT allowing to update data records within NFT from real-world data
  • DeFi applications need to be fed with real-world data such as off-chain trading platforms, prices, forecasts, statistics, and various analytics.
  • Betting dapps can be fed with data from the real world to bring more decentralization & fairness to the betting sector.

ODIN Fair Launch

ODIN did a fair launch event on pancakeswap on 21st April gaining almost 9000 wallet holders within a few hours! We are excited to see what is next for ODIN as in a few days they will be revealing their testnet according to their roadmap!

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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Press Release

Nodspace – An Innovative Next-Generation Decentralized Finance Platform

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Nodspace - An Innovative Next-Generation Decentralized Finance Platform

Nodspace is one of the key players in the decentralized finance (DeFi) and Web3 ecosystem. The platform provides comprehensive solutions for managing cryptocurrency assets and participating in innovative financial instruments. Created with the goal of democratizing access to DeFi services, the company combines the technological power of blockchain with an intuitive user interface, allowing users from different countries to easily interact with the evolving world of digital finance.

Today, the platform serves tens of thousands of active users across more than one hundred countries and regions. The continuous growth of the user base reflects increasing investor confidence in the services offered and in the company’s innovative approach to developing DeFi infrastructure.

Multifunctional Architecture of the Nodspace Platform

The Nodspace platform is built on a modular principle, integrating several interconnected areas of activity into a unified ecosystem. Each component of the system is optimized to ensure maximum efficiency while maintaining close integration with the platform’s other services.

· Airdrop Program: a token and reward distribution system that allows users to receive rewards for participating in ecosystem development and completing specific network-related actions.

· Node Management: an infrastructure component that supports transaction validation and network security; node operators receive rewards for maintaining the blockchain.

· Lending Service: a protocol for issuing and receiving loans in digital assets using smart contracts; participants receive interest income for providing liquidity.

· Staking Program: a mechanism for locking assets to participate in network consensus and receive passive income; participants also contribute to the decentralization and security of the platform.

The intelligent resource allocation system optimizes capital flows between different areas, ensuring a balance between supply and demand. This allows the platform to function as a unified, well-coordinated mechanism in which each component enhances the efficiency of the others.

Global Infrastructure and Scalability

Nodspace has developed a distributed infrastructure capable of serving users worldwide without performance degradation. The platform’s architecture is based on the principles of decentralization, eliminating single points of failure and ensuring reliable 24/7 operation.

Network nodes are geographically distributed to minimize latency for users in each region. The use of optimized consensus and routing algorithms makes it possible to process large transaction volumes with minimal fees. The automatic scaling system ensures that user base growth does not slow down platform performance.

The platform’s global reach is supported by local assistance and a multilingual interface. The company actively cooperates with regional communities and partners, ensuring cultural relevance and adapting its services to the specific characteristics of different markets.

Security and Reliability as a Fundamental Principle

At the center of Nodspace’s strategy is a firm commitment to protecting user assets and maintaining platform integrity. The company invests significant resources in developing and implementing multi-layered security mechanisms.

· Cryptographic Protection: all transactions are protected using modern encryption methods that meet military-grade standards.

· Independent Audits: regular reviews of smart contracts and infrastructure are conducted by reputable companies specializing in blockchain security.

· Insurance Mechanisms: protection funds and insurance programs provide compensation in the event of unforeseen technical failures.

· Continuous Monitoring: dedicated teams monitor suspicious activity and potential security threats 24/7.

· Risk Management: the system applies limits on the size of individual transactions and the concentration of risk in specific assets.

Nodspace follows the principle of full financial transparency, which distinguishes it from many traditional financial institutions. All key financial indicators, reports, and analytical data are publicly available, allowing investors, partners, and independent analysts to independently evaluate the condition and development of the platform.

This approach aligns with the fundamental principles of decentralized finance and blockchain technology, where transparency is viewed not as a burden, but as a competitive advantage and an indicator of reliability.

Nodspace regularly publishes detailed reports on completed security audits, scalability testing results, and other technical indicators. This information is critically important so that users can competently assess risks and make informed decisions regarding the placement of their assets on the platform.

Development Strategy

The most ambitious initiative in Nodspace’s roadmap is the development of its own high-performance blockchain. This project represents the logical evolution of the platform and reflects the company’s long-term vision of creating a fully decentralized DeFi ecosystem.

A key feature of its own blockchain will be the ability for developers and entrepreneurs to create decentralized applications, or dApps, and launch their own tokens directly within the platform’s native environment. This transforms the interaction model, turning the platform from a simple service provider into an open ecosystem for innovation.

Nodspace positions itself as a leading innovator in decentralized finance, combining practical functionality with a long-term vision for industry development. Its comprehensive approach to integrating various DeFi services, strict security standards, and continuous development of new technological solutions allow the platform to remain at the forefront of financial system transformation.

The company’s commitment to transparency, especially in the disclosure of financial reports and platform performance data, distinguishes it from many competitors and sets new standards in the industry. This demonstrates the company’s understanding that trust is built on openness and accountability.

The platform’s global reach, serving users in more than one hundred countries, demonstrates the potential of decentralized finance as an alternative to traditional financial systems. The company is actively working to expand its influence, opening new opportunities for participation in an innovative financial ecosystem.

The development of analytical capabilities and the creation of its own blockchain represent strategic investments in the platform’s future, allowing it to evolve from a service provider toward building a fully decentralized ecosystem. This development trajectory reflects the company’s deep understanding of the dynamics of the Web3 industry and its potential to fundamentally transform the global financial system.

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Press Release

Nodspace – An Innovative Next-Generation Decentralized Finance Platform

Published

on

Nodspace - An Innovative Next-Generation Decentralized Finance Platform

Nodspace is one of the key players in the decentralized finance (DeFi) and Web3 ecosystem. The platform provides comprehensive solutions for managing cryptocurrency assets and participating in innovative financial instruments. Created with the goal of democratizing access to DeFi services, the company combines the technological power of blockchain with an intuitive user interface, allowing users from different countries to easily interact with the evolving world of digital finance.

Today, the platform serves tens of thousands of active users across more than one hundred countries and regions. The continuous growth of the user base reflects increasing investor confidence in the services offered and in the company’s innovative approach to developing DeFi infrastructure.

Multifunctional Architecture of the Nodspace Platform

The Nodspace platform is built on a modular principle, integrating several interconnected areas of activity into a unified ecosystem. Each component of the system is optimized to ensure maximum efficiency while maintaining close integration with the platform’s other services.

· Airdrop Program: a token and reward distribution system that allows users to receive rewards for participating in ecosystem development and completing specific network-related actions.

· Node Management: an infrastructure component that supports transaction validation and network security; node operators receive rewards for maintaining the blockchain.

· Lending Service: a protocol for issuing and receiving loans in digital assets using smart contracts; participants receive interest income for providing liquidity.

· Staking Program: a mechanism for locking assets to participate in network consensus and receive passive income; participants also contribute to the decentralization and security of the platform.

The intelligent resource allocation system optimizes capital flows between different areas, ensuring a balance between supply and demand. This allows the platform to function as a unified, well-coordinated mechanism in which each component enhances the efficiency of the others.

Global Infrastructure and Scalability

Nodspace has developed a distributed infrastructure capable of serving users worldwide without performance degradation. The platform’s architecture is based on the principles of decentralization, eliminating single points of failure and ensuring reliable 24/7 operation.

Network nodes are geographically distributed to minimize latency for users in each region. The use of optimized consensus and routing algorithms makes it possible to process large transaction volumes with minimal fees. The automatic scaling system ensures that user base growth does not slow down platform performance.

The platform’s global reach is supported by local assistance and a multilingual interface. The company actively cooperates with regional communities and partners, ensuring cultural relevance and adapting its services to the specific characteristics of different markets.

Security and Reliability as a Fundamental Principle

At the center of Nodspace’s strategy is a firm commitment to protecting user assets and maintaining platform integrity. The company invests significant resources in developing and implementing multi-layered security mechanisms.

· Cryptographic Protection: all transactions are protected using modern encryption methods that meet military-grade standards.

· Independent Audits: regular reviews of smart contracts and infrastructure are conducted by reputable companies specializing in blockchain security.

· Insurance Mechanisms: protection funds and insurance programs provide compensation in the event of unforeseen technical failures.

· Continuous Monitoring: dedicated teams monitor suspicious activity and potential security threats 24/7.

· Risk Management: the system applies limits on the size of individual transactions and the concentration of risk in specific assets.

Nodspace follows the principle of full financial transparency, which distinguishes it from many traditional financial institutions. All key financial indicators, reports, and analytical data are publicly available, allowing investors, partners, and independent analysts to independently evaluate the condition and development of the platform.

This approach aligns with the fundamental principles of decentralized finance and blockchain technology, where transparency is viewed not as a burden, but as a competitive advantage and an indicator of reliability.

Nodspace regularly publishes detailed reports on completed security audits, scalability testing results, and other technical indicators. This information is critically important so that users can competently assess risks and make informed decisions regarding the placement of their assets on the platform.

Development Strategy

The most ambitious initiative in Nodspace’s roadmap is the development of its own high-performance blockchain. This project represents the logical evolution of the platform and reflects the company’s long-term vision of creating a fully decentralized DeFi ecosystem.

A key feature of its own blockchain will be the ability for developers and entrepreneurs to create decentralized applications, or dApps, and launch their own tokens directly within the platform’s native environment. This transforms the interaction model, turning the platform from a simple service provider into an open ecosystem for innovation.

Nodspace positions itself as a leading innovator in decentralized finance, combining practical functionality with a long-term vision for industry development. Its comprehensive approach to integrating various DeFi services, strict security standards, and continuous development of new technological solutions allow the platform to remain at the forefront of financial system transformation.

The company’s commitment to transparency, especially in the disclosure of financial reports and platform performance data, distinguishes it from many competitors and sets new standards in the industry. This demonstrates the company’s understanding that trust is built on openness and accountability.

The platform’s global reach, serving users in more than one hundred countries, demonstrates the potential of decentralized finance as an alternative to traditional financial systems. The company is actively working to expand its influence, opening new opportunities for participation in an innovative financial ecosystem.

The development of analytical capabilities and the creation of its own blockchain represent strategic investments in the platform’s future, allowing it to evolve from a service provider toward building a fully decentralized ecosystem. This development trajectory reflects the company’s deep understanding of the dynamics of the Web3 industry and its potential to fundamentally transform the global financial system.

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Press Release

MyDex Announced as Tertiary Exhibition Sponsor at Hong Kong Web3 Festival 2026

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Hong Kong, 17th April 2026 — Hong Kong Web3 Festival 2026 is honored to have MyDex onboard as a Tertiary Exhibition Sponsor.

MyDex is the next-gen intelligent trading platform where humans and AI evolve together. Explore more at https://www.mydex.io/

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of  Hong Kong

Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group

Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Vitalik Buterin, Co-Founder, Ethereum

Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury

Yi He, Co-CEO, Binance

Richard Teng, Co-CEO, Binance

Lennix Lai, Chief Commercial Officer, OKX Global

H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan

Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan

Brian Mehler, CEO, Stable

Yat Siu, Co-Founder and Chairman, Animoca Brands

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

Franklin Bi, General Partner, Pantera Capital

John Cahill, COO, Galaxy Digital Asia

……

And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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