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PhoenixDAO: A blockchain ecosystem with a suite of DeFi products has launched it’s novel DAO platform

Published

4 years ago

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The ever-growing popularity of decentralized finance gives unique projects like PhoenixDAO strong growth potential. PhoenixDAO is a community-based DeFi enabling platform intending to revolutionize digital identity and authenticity. 

So far, the planned Phoenix ecosystem consists of solutions in the areas of identity, payments, tokenization and dApps. Team members have already launched the staking dApp and are hard at work on preparing other products for release to create a complete DeFi enabled ecosystem. 

Here’s how PhoenixDao intends to usher in a rebirth of digital identity and power the virtual economy. 

Phoenix DAO

The DAO platform permits self-sustaining governance by ensuring a 1 person 1 vote system for decisions that affect the entire ecosystem. Currently users will need to hold 10,000 PHNX to make a proposal and are required to stake a minimum of 1,000 PHNX to vote. However, participating by making a proposal or voting gives a 20% of return on the amount of PHNX used to vote. 

Phoenix Staking 

The staking protocol is first in a number of PhoenixDAO dApps. The tool allows users to earn immediate interest at up to 20% APY after staking the native PHNX token. V2 of the platform plans to let users participate on the DAO through the PHNX token and will be rolling out a liquidity farming feature. Stakers can customize the amount of days and PHNX they wish to stake and receive instant rewards after the transaction processes. An early withdrawal feature lets users pay a fee in PHNX to unstake before the contract ends. Check guide to see how to use the dApp

Phoenix Identity

The Identity protocol lets users create and link virtual identities across different APIs, applications, and DeFi-based dApps. Resting at the center of the entire Phoenix ecosystem, the ERC-1484-powered framework allows for decentralized identity management on and off chain. All Phoenix identities that are created by users are immutable and tied to cryptographic keys stored on an individual’s device, with a public ID stamped on the blockchain. The ability to tie any Ethereum address to this decentralized ID or share data in a secure manner resolves many current issues with centralized ID management, like verification difficulties and the risk of identity theft or hacking. 

Phoenix Authentication 

Phoenix Authentication is a blockchain-based two factor authentication tool used to verify app logins and for transaction approval. Keys are only stored on the user’s device, which eliminates the potential for centralized database breaches that could expose sensitive information. Team members intend to utilize the blockchain to eliminate overreliance on third parties while still ensuring users can easily sign-in to applications. Developers can also utilize the Phoenix Authentication protocol to build two-factor authentication systems that are easily functional for a wide range of users. 

Phoenix Payments

Phoenix Payments is a collective of open-source Ethereum-based smart contracts to facilitate payments without the use of a third-party. Payments are secured by the Phoenix Authentication and Identity solutions. The Payments protocol is essentially crypto-agnostic even though the PHNX token resides at the center of the system, thanks to the incorporation of other protocols and technologies. All Payments smart contracts are free for developers to use and integrate in their own projects. 

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Press Release

Fufuture Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

Published

3 days ago

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January 28, 2026

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Hong Kong Web3 Festival 2026 is proud to welcome Fufuture as a Secondary Exhibition Sponsor.

Build with Fufuture to revolutionize DeFi: https://fufuture.io

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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Passey Announced as Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Published

4 days ago

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January 27, 2026

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Hong Kong, 27th January 2026, ZEX PR WIRE, We’re excited to share that Passey joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor.

Unlock AI-powered insights for Bitcoin and Ethereum options, and make informed decisions with advanced infrastructure designed for modern investors: https://passey.xyz

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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Press Release

ELLIPAL Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

Published

4 days ago

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January 27, 2026

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We’re thrilled to announce that ELLIPAL is now a Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23 at Hong Kong Convention and Exhibition Centre.

ELLIPAL is leader of Air-gapped cold wallet. Learn more: https://ellipal.com

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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