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Unizen Enables Coinstore’s 3.6M+ Users Access to Over 20,000 Additional Assets

redfly.eth

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Major SDK integration with exchange paves the path to further crypto adoption. 

Coinstore currently lists 55 assets on its centralized exchange. However, users will soon be able to access more than 20,000+ assets across nine networks. This expansion is possible due to a major technical integration and partnership with Unizen, a groundbreaking omni-chain enabled DEX aggregator.

The Power of Partnerships 

Coinstore, a rapidly growing CEX for spot and future trading, offers its users efficient cryptocurrency trading, OTC services, NFT offerings, and now access to the DeFi marketplace natively within their mobile app for their 3.6 million+ users. This is made possible via the Unizen SDK.

In an unprecedented industry-first move, Coinstore has broadened its capabilities by seamlessly integrating the Unizen SDK. Key features of this integration include:

  • Maximizing user returns on decentralized trades.
  • Seamless, fast and cost efficient cross-chain trades.
  • Decentralized, native Bitcoin trading.

For an in-depth look into our innovative architecture and features, visit https://docs.unizen.io/trade-sdk/introduction

As a dominant centralized exchange, Coinstore is solidifying its foothold in the rapidly expanding DeFi marketplace with the addition of features enabled by Unizen.

Experience our seamlessly integrated DeFi trading solution via our new partner integration, and see for yourself how leveraging our class defining DEX aggregator will yield the best fully decentralized returns first-hand.

Outperforming Competitors: The Unizen Advantage 

The Unizen Trade Engine consistently surpasses the performance of other leading DEX aggregation solutions. For instance, in a study involving 37 random single-chain trades valued at $10k each, Unizen Trade delivered approximately $238,073 more in total value compared to its top industry leading competitors. You can delve deeper into this comparison in the ULDM Performance Study.

Looking forward, Version 2 of Unizen promises even more impressive results. Initial tests suggest as much as a 10-fold increase in returns for DeFi trading liquidity on certain pairs.

Implications for the Unizen Community

The addition of Unizen’s powerful trade capabilities to Coinstore is expected to bring a significant increase in trade volume across the Unizen trade engine. Subsequent integrations of our SDK will compound this growth(volume, userbase, and native-asset burn) exponentially over time. Further- it is worth noting that the token burn mechanism is not only platform agnostic, but it also functions in response to market volatility, and not direction. What this means is that it continues to function regardless of market conditions.

Hyper-Deflationary Tokenomics 

The projected growth in volume is linked to Unizen’s hyper-deflationary tokenomics, designed to directly amplify the burn rates for $ZCX. This directly benefits our holders and community. Moreover, the integration showcases the practical utility of our Unizen SDK, introducing it to millions of users instantly.

To put things in perspective: if 5% of Coinstore’s CEX volume is captured by their newly introduced DeFi trade platform, it will result in a 14.83% permanent reduction of ZCX supply- every six months. A direct result of Unizen’s hyper deflationary mechanisms operating in direct correlation with trade volume through their SDK.

Looking Forward 

We are excited to support Coinstore’s expanding user base with the Unizen SDK allowing direct and seamless access to the DeFi market. This collaboration not only affirms our ability to rival industry giants like 1inch and Paraswap but also underscores the mutual benefits we anticipate from this and future integrations.

Unizen’s forthcoming V2, developed in stealth by the most talented and dedicated team of 20+ engineers in collaboration with prominent universities, promises enhanced functionalities. Users can look forward to a more intuitive user interface, an improved workflow that seamlessly connects major features, and up to a 10x boost in returns when swapping via our SDK.

About Unizen

Unizen is an entirely new category of DEX Aggregator with comprehensive omni-chain access and UTXO support. We offer unparalleled returns on decentralized trades industry-wide. Even compared to leading DEX Aggregators like 1inch, Paraswap and Matcha.

Our platform boasts a seamless experience with zero bridging, no sign-ups, and no KYC requirements, all while maintaining complete decentralization. We’ve created an entirely new class of DEX Aggregator, distinguished by an industry-leading Unizen Liquidity Distribution Mechanism (U-LDM), comprehensive omni-chain access, and UTXO support (starting with native Bitcoin).

Our industry leading innovations give us the ability to provide the highest returns on decentralized trades in the world, full stop.

Website I Twitter I Discord I Telegram I YouTube I Blog I Unizen Liquidity Distribution Mechanism I Application I CMC

About Coinstore
Coinstore is a world-leading digital asset trading platform that strongly focuses on emerging high-growth markets.

As of May 2023, the platform boasts over 3.6 million registered users with an impressive peak daily transaction volume of $453,186,502. With its services extending across 175 countries and regions, Coinstore’s influence is particularly strong in Indonesia, India, and Nigeria

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Press Release

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

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We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

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The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

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We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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