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Web3 infrastructure provider SubQuery Network has unveiled two new decentralized RPCs for the Polkadot ecosystem, marking a significant milestone as the first decentralized RPCs on Substrate-based networks. These RPCs are now available for both Polkadot and Kusama.

SubQuery supports nearly 200 networks with its web3 infrastructure, operating through a globally distributed network of decentralized indexers and RPC providers. This setup ensures dapps can access fast, reliable blockchain data without centralized control points. Teams building on Polkadot and Kusama can now take advantage of SubQuery’s decentralized RPC (Remote Procedure Call) nodes.

James Bayly, COO of SubQuery, expressed enthusiasm about the launch: “We are thrilled to be the first to provide decentralized RPCs for Polkadot on the SubQuery Network. Our node operators, already active across multiple ecosystems, are well-positioned to support Polkadot developers with their infrastructure needs.”

The newly deployed RPCs for the Polkadot relay chain and Kusama are managed by over 30 independent Node Operators. Decentralized RPCs are crucial for blockchain projects, enabling efficient operation and multi-source data access.

RPCs are essential for communication between blockchain nodes and external entities, facilitating data retrieval, smart contract interactions, and transaction submissions. By providing decentralized RPCs, SubQuery Network reduces reliance on centralized middleware, mitigating associated risks. This advancement supports secure, efficient web3 communication and underpins the robust and transparent operations essential for the success of DePINs (Decentralized Physical Infrastructure Networks).

SubQuery originated within the Polkadot ecosystem, initially releasing an indexer capable of connecting to its unique multi-chain architecture. Since then, it has expanded to support hundreds of networks, establishing itself as a leading indexer of web3 data.

On June 10, 2024, at 9:30 GMT, EXOLO Exchange, a global digital asset trading platform, officially listed Floki Inu (FLOKI). The FLOKI/USDT trading pair is now available for all users.

About Floki Inu

Floki Inu (FLOKI), inspired by Elon Musk’s dog, has rapidly gained popularity in the crypto community. Embracing meme culture, FLOKI aims to develop a strong ecosystem. The token has captured significant attention on social media, often trending and generating high engagement, making it one of the most talked-about meme coins.

In 2024, Floki Inu (FLOKI) has been one of the top-performing meme coins, closely following PEPE. On June 5, 2024, FLOKI reached a new all-time high, attracting a wave of investors. The recent surge in meme coin interest has boosted the entire meme ecosystem, driving engagement and investment in meme-based digital assets.

“With meme season back and the bull market spreading its magic, we’re witnessing a strong surge in the popularity and demand for meme coins,” said Bhoomi K. Panchal, Head of Growth at EXOLO. “It’s a dynamic and exciting time for the entire ecosystem.”

To celebrate the listing, EXOLO is launching a series of prize pools for FLOKI participants, offering a total of 40,000,000 FLOKI tokens. Users can earn rewards by depositing, trading, or referring others. Dive into the prize pool and be a winner!

The BetFury crypto ecosystem has unveiled an exciting new Cryptodrop event with a massive $20,000,000 prize pool to be distributed from the end of Q3 to the beginning of Q4.

This initiative allows participants to earn cryptocurrencies by completing various tasks, featuring top-tier crypto and BFG tokens, which have gained strength after a strategic burn of 33% of the total supply and locking 48% of the circulation.

About the Cryptodrop

Cryptodrop involves distributing tokens to users who complete specific tasks. Unlike other projects, BetFury’s Cryptodrop features tokens with established market value. Participants can earn more crypto by accumulating points through various activities.

Key Features of BetFury Cryptodrop:

• $20,000,000 prize pool: A substantial reward pool to attract participants.
• Rewards in real crypto and BFG tokens: Offering valuable incentives.
• Transparent drop duration (Q3 – Q4, 2024): Clear timeline for participation.
• Easy-to-join mechanics via Telegram: User-friendly interface for seamless participation.
• Earn free crypto through interactive Fury Game: Engaging game mechanics for additional rewards.

This event provides a gateway for beginners to enter the crypto industry and offers experienced users new opportunities within the BetFury ecosystem.

Funding and Transparency

The BetFury Cryptodrop is funded by crypto accumulated over time and 350,000,000 BFG tokens transferred from the Community wallet. Active participants have the chance to earn various cryptocurrencies like USDT, ETH, BTC, and BFG. With over four years of development, BetFury is well-positioned to offer this $20 million pool, ensuring transparency by locating this amount on a public address.

About the Growing BFG Token

BetFury’s Cryptodrop also supports the future growth of its native BFG token, which has seen a 40% price increase over the last month, as per CoinMarketCap. The deflationary strategy includes BFG buybacks, locks, monthly burnings, and continuous support for active holders. The team has also locked up one billion BFG for 4.8 years, underscoring their commitment to the token’s value and the platform’s evolution.

How to Participate in BetFury Cryptodrop

To take part in the BetFury Cryptodrop, follow these simple steps:

1. Launch the BetFury Cryptodrop Bot on Telegram.
2. Create a Cryptodrop account via the Bot.
3. Read a brief Cryptodrop overview.
4. Launch the BetFury Bot and create/connect a BetFury account. This step is necessary to obtain rewards at the end of the event.

After completing these steps, you become an official participant of the Cryptodrop. The more points you accumulate, the higher your chances of winning the grand crypto prize.

g through a referral link, making the program beneficial for both parties.

Conclusion

BetFury’s Cryptodrop is a significant crypto event combining unique reward mechanisms and opportunities for both beginners and experienced users. By participating and accumulating points, users have the chance to share in the $20,000,000 prize pool, paving the way for exciting new prospects within the crypto space.

The $COOKIE governance and utility token from the Cookie Ecosystem is gearing up for its launch on June 13th, 2024, at 10 am UTC.

This launch follows a successful funding round that raised $5.5 million, including $3.3 million from seed and strategic investments. Top Web3 venture capital firms, such as Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital, backed the project.

The Cookie DAO, a collective supporting MarketingFi, announced the $COOKIE token launch. This innovative token is the first of its kind in the MarketingFi sector, offering multi-airdrop utility across Cookie3 platforms and a demand mechanism tied to AI data credits redeemable exclusively with $COOKIE.

Strong Investor Support for $COOKIE

The $COOKIE launch is bolstered by strong seed and strategic investment rounds, raising $0.5 million and $2.8 million, respectively. Leading Web3 VCs, including Spartan Group, Baboon VC, GSR, Hartmann Capital, and Poolside, participated in the seed round.

Animoca Brands led the $2.5 million strategic round, with participation from other strategic investors like Mapleblock Capital, Castrum Capital, Founderheads, Unreal Capital, Oddiyana Ventures, ChainGPT Labs, SkyVision Capital (SVC), New Tribe Capital, Undefined Capital, and Kangaroo Capital.

“Businesses need efficient marketing on a sustainable budget, and influencers need audiences to engage with their content. The Cookie Ecosystem offers a comprehensive solution, enabling users, creators, and businesses to grow together,” said Vijay Garg, founding partner at Mapleblock Capital.

Top Web3 angel investors also supported $COOKIE, including Miko Matsumura of Gumi Cryptos Capital, Delroy Fong of Amber Group, Lavenjer Yeung of SevenX Ventures, Tal Cohen of Kraken, and many others.

Decentralized Vision for Marketing

The Cookie DAO, a fully decentralized organization, stated, “We founded Cookie DAO with the belief that marketing budgets should benefit users rather than advertising giants. By giving users a stake in the project, we harness word-of-mouth promotion, the most effective marketing method. We are honored to have so many investors and backers share our vision.”

$COOKIE IDOs on ChainGPT Pad and Polkastarter

$COOKIE has raised $5.5 million in total, with an additional $800,000 round open to the public through Initial DEX Offerings (IDOs) on Polkastarter and ChainGPT Pad. The Polkastarter IDO registration is now closed, and ChainGPT Pad IDO registrations will open on June 5th, 2024. The IDOs are scheduled for June 11th and 12th, respectively.

“The $COOKIE IDO Allowlist on Polkastarter saw immense interest from a highly engaged community. We’re excited to support this project and its community!” said Joao Leite, managing partner at Polkastarter. “We believe in $COOKIE’s potential to redistribute marketing value among stakeholders and are thrilled to be part of this journey.”

Ilan Rakhmanov, CEO and co-founder of ChainGPT and ChainGPT Pad, added, “As the accelerator for the Cookie Ecosystem, we’ve closely worked with the Cookie3 and Cookie DAO teams. Their professionalism and innovative ideas have exceeded our expectations. We look forward to the $COOKIE IDOs and the listing, and we are excited to see Web3 marketing evolve into a collaborative and inclusive MarketingFi ecosystem with $COOKIE leading the way.”

Edge Video AI is thrilled to announce the launch of its Initial DEX Offering (IDO) for its native token, $FAST, signaling a transformative leap in the global TV industry powered by cutting-edge AI technology.

Empowering Viewers with Edge Video AI At the core of Edge Video AI’s mission is the reimagining of television, infusing it with interactivity and commerce through its groundbreaking AI engine. Viewers are incentivized to engage with content, earning points for actions like logging in, providing feedback, and playing games, which can then be converted into $FAST tokens.

Unveiling the Features of $FAST Exclusive Early Access: Participating in the Edge Video AI IDO grants early access to $FAST tokens, offering a chance to be among the first to embrace this technological breakthrough before it hits exchanges. Strong Economic Foundation: Backed by Edge Video AI’s revenue stream, $FAST enjoys robust economic support, ensuring stability and growth within its expanding ecosystem. Revolutionizing Entertainment: $FAST paves the way for a new era of interactive entertainment, where viewers are rewarded for their time, attention, and purchases, ushering in a digital economy centered around user engagement and loyalty.

Benefits of Participating in the IDO Enhanced Accessibility: IDOs are inherently inclusive, welcoming participants from diverse backgrounds worldwide, fostering a dynamic community within the Web3 space. Early Exposure to Innovation: Early adopters of the Edge Video AI IDO stand to benefit from being part of an innovative project, with opportunities to contribute to its evolution and success.

Understanding the IDO Mechanism A portion (3%) of the total $FAST supply will be allocated to liquidity pools on selected decentralized exchanges (DEXs), forming a significant part of the circulating supply at the Token Generation Event (TGE). Vesting periods will apply to the majority of tokens to ensure sustainable growth and fair distribution.

Commitment to Sustainable Growth Edge Video AI remains steadfast in its commitment to the long-term value of $FAST, continually replenishing the rewards pool through strategic acquisitions to ensure equitable and sustainable rewards distribution for all $FAST token holders.

BlastOff, a trailblazing Yield-based LaunchPad, and Yield Aggregator within the innovative Blast network, announces the market debut of its native cryptocurrency, $OFF, following a resoundingly successful Initial Dex Offering.

Remarkable Milestones of BlastOff:

• Recognition for Innovation: The BlastOff platform garnered acclaim, securing the second place at the esteemed Blast Big Bang contest, solidifying its reputation for creative disruption.
• Impressive Testnet Results: Demonstrating an astounding $24 million in Total Value Locked during its testnet phase, BlastOff has shown strong user adoption which is anticipated to grow with the release of new, attractive vaults on the mainnet.
• Robust Community Support: BlastOff is propelled by a community of over 100,000 enthusiasts spread across various social platforms, establishing a firm foundation of user support.
• Solid Collaborations: Enriched with 36 strategic partners within the DeFi space, BlastOff is well-equipped with the essential resources and know-how for further expansion.
• IDO Success: The IDO for $OFF tokens sold out completely, showcasing the vibrant participation and trust of the investor community in BlastOff’s promise.

Delving into the Blast Network’s Offerings:

Blast network, the bedrock of BlastOff, is a standout Ethereum Layer 2 solution that enhances upon conventional models by integrating native yield features and automatic compounding. Highlights of the network include:

• In-App Compounding: The auto rebasing function allows users to earn compounding interest seamlessly.
• Layer 1 Staking Perks: Stakers on the Layer 1 network can enjoy the added benefit of extra yield.
• Innovative Yield Streams: The integration with MakerDAO’s T-Bill protocol creates new avenues for yield on Blast’s USDB, the network’s auto-rebasing stablecoin.

Redefining IDOs with YIDOs:

BlastOff’s introduction of Native Yield IDOs marks a revolution in how decentralized funding operates. Stakeholders can now support upcoming blockchain projects by staking

Premier cryptocurrency exchanges, including ByBit, Gate.io, BitGet, and MEXC, have recently listed Param Labs’ PARAM token. This development follows a successful staking campaign on ByBit’s launchpool.

During the campaign, ByBit offered $20 million in USDC prizes, distributing 600,000 PARAM tokens within the community through a stake-and-earn competition that boasted an impressive 960% APR. Gate.io also participated, announcing a Web3 startup token airdrop that included 40,000 PARAM tokens.

Now, PARAM tokens are available for spot trading against USDC and USDT on these platforms.

Param Labs has also announced strategic partnerships with major eSports organizations like LoudGG and Chronic, adding to an already impressive portfolio that includes collaborations with brands such as GameStop and web3 leaders like Immutable X and Pudgy Penguins.

The company recently secured significant funding through seed and private rounds, led by notable firms such as Animoca Brands, Delphi Ventures, Cypher Capital, P2 Ventures, Mechanism Capital, Merit Circle, TRGC Capital, Double Peak Group, and MH Ventures. Param Labs’ ecosystem, governed by the PARAM token, aims to revolutionize traditional game development.

Key web3 personalities, including Ivan On Tech, Dingaling, and Sebastian Borget, co-founder and COO of The Sandbox, have made strategic investments in Param Labs. Notably, FaZe Clan CEO FaZe Banks is also an investor.

Param Labs, an independent game development studio based in the UAE, is led by co-founder and CEO Anthony Anderson. The company recently welcomed Activision Blizzard VP of consumer products Steve Young to its board. The team, experienced with companies like Activision, Epic, EA, and Ubisoft, has achieved over $40 million in EBITDA revenue and focuses on Web3 game and infrastructure development.

The introduction of the PARAM token is a key part of Param Labs’ vision to unlock new possibilities within its gaming and entertainment ecosystem. ByBit praised the listing, stating, “ByBit is extremely proud of yet another great project coming to our spot trading platform. PARAM and Param Labs represent a bold new frontier in gaming infrastructure.”

In the past year, Param Labs has generated over $4 million in revenue through its Pixel-to-Poly service and NFT sales. The company’s flagship game, Kiraverse, is available on Windows PC and has attracted over 2 million registered users and 300,000+ daily active users.

MetaToken, an innovative casino project on Ethereum and TON, has successfully closed its private funding round, raising $5 million in just one week. This swift success highlights the growing interest in cutting-edge gaming platforms. The project is now in the presale stage, with an audit currently underway.

MetaToken is an ambitious online casino developing an immersive Web3 gambling ecosystem centered around the MTK token. Since its official launch in early 2023, the project has rapidly gained momentum, offering players a wide range of high-return gambling products, including the Wheel of Fortune, lotteries, and crypto staking opportunities.

The developers plan to expand their product line to include exclusive games for token holders, virtual poker tournaments with real dealers in individual VR spaces, and a custom AI-based white-label solution for creating and managing Web3 casinos with built-in tools and ready-made assets.

The project’s slogan, “Don’t earn in the casino, earn with the casino,” reflects its innovative approach. By investing in the MTK token, participants contribute to the liquidity pool, helping the casino boost profits and expand into new markets. In return, they gain expanded opportunities to earn within the Web3 gambling sphere.

One of MetaToken’s key strengths is its tokenomics, designed for long-term participation and real value creation for $MTK. Benefits for token holders include staking, temporary token locks, and high involvement of $MTK in the ecosystem’s operations, ensuring growth and stability.

MTK owners can become “co-founders” of the casino, sharing its success. Forty-five percent of net profits will be distributed weekly among stakers. With the launch of the project’s second stage, token holders will also gain access to exclusive Web2 games developed in partnership with licensed gaming provider INOUT, as well as Web3 lotteries. Additionally, half of the tokens lost in games will be burned, reducing the supply of $MTK and increasing its value.

In the third stage, $MTK will underpin the VR GAMBLEVERSE — MetaToken’s immersive gambling ecosystem. This new platform aims to integrate traditional Web2 casinos into the Web3 ecosystem through augmented reality technologies. MetaToken’s Whitelabel product will enable anyone, from casino owners to ordinary users, to launch their own Web3 casino.

MetaToken has two more funding rounds planned: a $4 million presale starting June 16, 2024, and a $1 million public sale beginning July 16. To enhance tokenomics stability, tokens purchased at each stage will be unlocked gradually.

Currently, players can enjoy the platform’s standard features, including an ever-growing list of games, tournaments, cashback, lotteries, and bonus promotions. A global platform update was successfully rolled out on April 21st.

Stay updated with MetaToken’s latest news or participate in the upcoming public round by visiting their official website.