Press Release

W3GG is thrilled to announce the launch of an exclusive private sale of its W3GG tokens, starting on July 1, 2024. This sale offers community members a unique opportunity to purchase tokens at an initial price of $0.05 each.

Inclusive Participation

The private sale is structured to be inclusive, ensuring all community members can participate. This approach reflects W3GG’s dedication to community-driven growth and rewarding early supporters. Only $250,000 worth of tokens will be available, exclusively for W3GG’s Soulbound Token (SBT) holders. Purchase options range from $25 to $5,000 per wallet.

Web3 Gaming Growth

The announcement comes at a time when Web3 gaming is experiencing substantial growth. According to CoinGecko, 29 of the world’s 40 biggest game studios are investing in Web3 gaming, with seven actively developing their own Web3 games in-house. Game7’s State of Web Gaming report indicated that at least $15 billion of institutional investment has recently moved into the space. This influx of research, development, talent, and investment is now yielding significant outputs in the Web3 gaming space.

W3GG’s Strategic Investments

W3GG is leading this charge with strong backing from industry giants such as IVC, YGG, and Animoca Brands. The company has strategically invested in over 70 cutting-edge games, including Dark Times, Heroes of Mavia, APEIRON, and Nyan Heroes. These strategic investments highlight W3GG’s pioneering role in shaping the future of Web3 gaming and advancing the industry’s development.

The newly launched ZK token is trading at a market cap of over $900 million in total value locked (TVL) despite experiencing a 20% drawdown.

ZkSync Airdrop Sparks High Activity

ZkSync’s recent airdrop has generated significant excitement since its launch on June 17. ZkSync Era, a prominent Layer 2 network by TVL, reported degraded network performance due to the overwhelming response from users claiming their ZK tokens. The intense activity caused some RPC services to slow down, but efforts are underway to enhance capacity.

Within just two hours of the airdrop, 45% of the tokens had already been claimed by over 225,000 addresses. ZkSync’s ZK Nation Z account humorously noted the rapid claims, saying, “It’s a Monday, don’t you have work?”

Anticipation and Background

The airdrop was highly anticipated, especially since Matter Labs, the team behind ZkSync, was the first to launch a zk-EVM in March 2023. This zero-knowledge proof-based Layer 2 network offers Ethereum Virtual Machine (EVM) compatibility, which has bolstered its popularity.

The launch came right after Arbitrum, the leading L2 by TVL, released its token, further fueling airdrop speculation. This excitement has driven ZkSync Era to rank ninth among Layer 2 networks with $776.4 million in TVL and an impressive 6.9 transactions per second (TPS) over the past 24 hours.

ZkSync Lite and Airdrop Eligibility

Matter Labs also launched ZkSync Lite in June 2020, focusing on fast and affordable token transfers. Although Lite has seen a decrease in TVL to $86 million from its peak of $177 million in April 2022, it remains a significant player in the L2 space.

Eligibility for the ZK token drop required users to transfer assets to ZkSync Era and meet additional criteria such as trading on Era-based DEXes, interacting with smart contracts, holding specific NFTs, being active on Lite for three months before Era’s launch, or donating to Gitcoin funding rounds hosted on ZkSync Lite.

ZkSync announced that 17.5% of the token supply would be airdropped to about 695,000 wallets, with each receiving at least 450 tokens and up to 100,000 tokens. Any allocations below 450 tokens were recycled back into the pool.

Market Performance

Currently, the ZK token boasts a market cap of $927 million, despite a 20% decline since its launch. According to CoinGecko, its fully diluted valuation stands at nearly $5.3 billion.

In a notable development for cryptocurrency and tech enthusiasts, LBank Exchange, a leading global digital asset trading platform, has listed Aethir (ATH) as of June 12, 2024. The ATH/USDT trading pair is now live, offering users the opportunity to trade this innovative asset.

Aethir: Transforming Enterprise-Grade GPU Cloud Computing

LBank Exchange proudly introduces Aethir (ATH), a groundbreaking decentralized cloud computing platform set to revolutionize GPU utilization. Aethir addresses the increasing demand for GPU resources spurred by advancements in AI, Machine Learning (ML), and cloud gaming. Traditional centralized models for GPU ownership and distribution have proven to be both inefficient and costly, leading to significant underutilization of computational power. Aethir disrupts this conventional approach by utilizing a scalable, decentralized framework that aggregates idle GPU capacity from various sources, notably tapping into the estimated 85-90% underutilized GPU capacity in U.S. data centers.

The Innovative Architecture of Aethir

Aethir’s platform leverages a unique combination of distributed GPU frameworks, decentralized ownership, and collaborative cross-cluster operations. This architecture effectively connects separate GPU clusters into a cohesive network, enhancing scalability, reliability, and resilience for demanding processing tasks in AI and gaming. By promoting decentralized ownership, Aethir increases accessibility and significantly lowers entry barriers for new users. This model not only democratizes access to advanced computational resources but also fosters a more equitable and sustainable technological ecosystem, making high-performance computing more affordable and efficient.

Conclusion

Aethir’s listing on LBank Exchange marks a significant milestone in the evolution of decentralized cloud computing. By harnessing underutilized GPU resources and promoting a collaborative framework, Aethir is set to redefine high-performance computing, making it more accessible and efficient for users worldwide. This development underscores the growing synergy between cryptocurrency and advanced computing technologies, heralding a new era of innovation and efficiency in the digital economy.

MicroStrategy, under the leadership of Michael Saylor, continues to bolster its cryptocurrency holdings with a new move to issue $500 million in convertible senior notes.

This announcement underscores the firm’s ongoing commitment to leveraging debt to acquire more Bitcoin and support its strategic initiatives.

MicroStrategy’s $500 Million Notes Offering for Bitcoin Investment

MicroStrategy has unveiled plans for a private offering of $500 million in convertible senior notes due in 2032, targeting institutional investors. The proceeds from this offering will primarily fund additional Bitcoin purchases, aligning with MicroStrategy’s established strategy of using debt to increase its cryptocurrency holdings. These notes are unsecured and senior, prioritizing claims over other debt but lacking collateral.

Key Features of the Convertible Senior Notes

Interest on the notes will be paid semi-annually starting from December 2024, with maturity set for June 2032 unless converted, redeemed, or repurchased earlier. Investors have the flexibility to convert these notes into cash, shares of MicroStrategy’s class A common stock, or a combination thereof starting from December 2031, offering potential upside tied to the company’s stock performance.

MicroStrategy’s Strategic Approach to Bitcoin

MicroStrategy’s decision to issue convertible notes instead of traditional debt instruments underscores its confidence in Bitcoin’s long-term potential. By providing investors with equity conversion options, the firm incentivizes participation aligned with potential stock price appreciation driven by Bitcoin’s performance.

Continual Bitcoin Investment Amid Market Dynamics

Despite market fluctuations, MicroStrategy remains steadfast in its Bitcoin accumulation strategy. Earlier this year, the company completed significant offerings of convertible senior notes totaling $603.75 million and $800 million. As of April 29, MicroStrategy held approximately 214,400 Bitcoins, demonstrating its commitment to cryptocurrency despite short-term market movements.

Market Response and Future Outlook

Following the announcement, MicroStrategy’s stock (MSTR) saw varied performance, reflecting market sentiments influenced by Bitcoin’s price movements and broader economic indicators like U.S. CPI data. While the stock experienced a slight decline in the pre-market session, recent rallies in Bitcoin have buoyed investor confidence, highlighting the interconnected nature of cryptocurrency and traditional markets.

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.”