Press Release
PhoenixDAO: A blockchain ecosystem with a suite of DeFi products has launched it’s novel DAO platform
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.
Press Release
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.
Press Release
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.
Press Release
MyDex Announced as Tertiary Exhibition Sponsor at Hong Kong Web3 Festival 2026

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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