Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

SEIF Finance Emerges as a Leading Force in the Crypto Ecosystem with a Mission for Financial Decentralization.

Rev Up Marketers

SEIF Finance has established itself as a driving force in the crypto ecosystem with a mission for financial decentralization. The organization emphasizes on the global and financial inequalities as a stark reality and transforms their aspiration for financial decentralization into a strategic vision. The transformative power of technologies such as Bitcoin, Ethereum, and smart contracts served as a pivotal catalyst, aligning seamlessly with SEIF Finance's ideals and culminating in its establishment. SEIF Finance stands as a testament to the fusion of visionary aspirations and pragmatic implementation. The organization's commitment to decentralization goes beyond rhetoric, as it actively leads the way in establishing a comprehensive hub within the crypto currency ecosystem. The dynamic convergence of web2 and web3 reflects SEIF Finance's revolutionary approach, positioning itself at the forefront of industry evolution. In a landscape characterized by constant change, the organization's dedication to decentralization aligns with a broader movement seeking to redefine traditional financial systems. As blockchain technology continues to mature, SEIF Finance remains dedicated to fostering innovation and driving positive change. Moreover, the emergence of cryptocurrencies, particularly Bitcoin and Ethereum, has played a pivotal role in shaping SEIF Finance's trajectory. These digital assets, coupled with the revolutionary concept of smart contracts, have provided the impetus for SEIF Finance to advocate for and actively contribute to financial decentralization. The organization focuses on the potential of blockchain technology to create a more inclusive and transparent financial ecosystem. Video link: https://youtu.be/BgtrMWXZseo Furthermore, SEIF Finance aims to empower individuals globally, by fostering a decentralized financial landscape, and leveling the playing field and reducing reliance on traditional, often exclusionary, financial systems. About SEIF Finance: SEIF Finance, leading force in the decentralized finance space, driven by a mission for financial decentralization. With a focus on creating a fair and transparent society, the organization leads the establishment of a comprehensive hub in the crypto currency ecosystem, contributing to the evolution and innovation of the financial sector. As SEIF Finance continues to advance its mission, the company remains dedicated to fostering positive change in the financial sector. The journey towards financial decentralization is an ongoing process, and SEIF Finance invites industry stakeholders, enthusiasts, and the global community to join hands in this transformative endeavor. Additionally, The organization will launch SEIF Coin Utility Token next year (2024). Its launch will coincide with the introduction of a Staking Hub, empowering users to contribute liquidity for tokens and engage in farming liquidity pool fees, thereby augmenting the capabilities of our platform. This strategic approach aligns with its commitment to innovation and user empowerment within the evolving landscape of decentralized finance. https://discord.com/invite/Q5tjnHsc7Q http://www.airtable.com/app1cHKPeJ9ZAxQMd/shrZBxOx3Pl2nR6oT Talk directly with SEIF Team https://seif.finance/ Contact Details SEIF Finance Mrs. Rea Barreau info@seif.finance Company Website https://seif.finance/

January 12, 2024 03:05 PM Eastern Standard Time

Video Image

Thriends Token Marks a New Milestone in Community-Driven NFT Projects

Rev Up Marketers

Thriends Token, the community-driven NFT project led by prominent Threads influencer NFTStreetKid, has officially launched its Thriends Token (TT) Initial Exchange Offering (IEO) on P2B. With a total supply of 1.45 billion TT Meme tokens, including a reserve of 300 million for SKT holders, Thriends presents a unique occasion for participants to engage in a rewarding journey. Thriends Token, designed to reward NFT holders, assumes a pivotal role in this thoroughly crafted project that features custom-designed artwork developed between mid-April and November 2023. The Thriends NFT Collection, a testament to artistic dedication, showcases artwork that required over 1,500 hours of meticulous effort. As a community-driven initiative, Thriends actively explores avenues to enhance the utility of the Thriends token. The commitment to distinctive features adds value and offers a meaningful purpose for token holders, fostering engagement and facilitating seamless trading within the Thriends community. Thriends introduces the Thriends Token (TT) exclusively for SKT holders to earn Thriends meme tokens through NFT staking. The eagerly awaited launch of the Thriends meme token is scheduled for the year 2024, with a current staking rate set at a generous 0.3 TT per second. This presents a lucrative opportunity for quick token accumulation, though the staking rate is expected to gradually decrease as NFT holdings rise. Thriends, owned and operated by NFTStreetKid, a prominent figure in the Threads influencer community, is committed to fostering a strong sense of connection within the community. To stay informed about real-time events and gain insights, followers are encouraged to engage with the Threads account for an immersive Thriends experience. The IEO on P2B marks the beginning of Thriends' inaugural journey, with the team anticipating significant success. The Thriends project invites participants to stake their Thriends NFTs promptly and be part of this enriching experience. For media inquiries and further information, please contact them on Website | Threads | Telegram | Twitter About Thriends: Thriends Token is a community-driven NFT project spearheaded by NFTStreetKid, a prominent Threads influencer. The Thriends NFT Collection features custom-designed artwork crafted between mid-April and November 2023, showcasing the artistic dedication and requiring over 1,500 hours of meticulous effort. Thriends Token (TT), designed to reward NFT holders, is at the forefront of this project, offering unique opportunities for community engagement and seamless trading. Contact Details Thriends Token Alex Milo info@thriends.io Company Website https://thriends.io

January 12, 2024 02:59 PM Eastern Standard Time

Image

A Milestone in Web3 Governance: STORM Chosen as Legal Counsel for 1inch DAO

STORM Partners

STORM Partners, a leading Web3 solutions provider based in Geneva, has been voted by an overwhelming majority as the legal counsel for 1inch DAO. The decision sets a historic precedent for decentralized autonomous organizations, as it becomes the first time that a DAO has directly hired legal counselling services and delegated its legal representation before third parties. This decision also represents a bridge between the decentralized ethos of a Web3 DAO and the legal and regulatory stability provided by a centralized legal counsel. With STORM Partners’ extensive track record of Web3 client partnerships, this convergence signifies a seamless union of two realms, forming an ideal synergy aligned with the DAO’s objectives. It also marks a significant stride in addressing the multifaceted legal challenges faced by DAOs in today’s evolving landscape, such as regulatory compliance, contractual agreements, governance frameworks, liability protection, intellectual property rights, and defense against external claims The voting was closed on Tuesday night, with an overwhelming 96.46% approval. This is a one-of-a-kind case, as the Swiss company, as legal counsel, proposed the DAO to be engaged and have detailed the characteristics of their mandate. Thus, 1inch DAO has chosen and conferred upon STORM Partners a power of attorney to legally represent it before third parties. “ We are honoured that the 1inch token community has entrusted us as the legal counsel for their DAO. Our team is dedicated to safeguarding their interests with the utmost commitment. This engagement, being 'fully decentralized,’ marks a significant step forward in the journey towards legal recognition of decentralised organizations. It's not just a milestone for us but a testament to the evolving landscape of legal frameworks adapting to innovative governance models,” said Nicola Massella, director of the Legal and Compliance department at STORM Partners. The importance of legal counsel for 1inch DAO cannot be overstated, given the intricate challenges posed by regulatory risks, liability concerns, contractual ambiguities, governance complexities, and the imperative need for legal recognition as a legitimate entity in multiple jurisdictions. We are thrilled to embark on this new chapter with STORM Partners. This partnership not only represents a significant milestone for 1inch Network but also for the broader decentralized finance space. As we navigate the complex regulatory landscape, this collaboration stands as a testament to our dedication to innovation while upholding our core principles. We are enthusiastically looking forward to the future, confident that this union will bolster the robustness and credibility of DeFi, enabling us to continue to expand the horizons of what’s achievable”, added Jordan Reindl, Governance Lead at 1inch. STORM Partners' exclusive focus on Web3, coupled with its tailored approach and experienced legal services, positions it as an ideal collaborator for 1inch DAO. About STORM Partners STORM Partners is a premier all-in-one professional services provider within the dynamic blockchain industry. Its expertise spans the global landscape of Web3, collaborating with a diverse spectrum of businesses and brands – from nimble startups and pre-IDOs to flourishing scale-ups and established global organizations. About 1inch DAO 1inch DAO is a decentralised organization that governs the network parameters, enabling 1INCH holders to vote for key protocol parameters and collect governance rewards. Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes -adrian.bono@storm.partners or telegram @STORMPartners Contact Details STORM Partners Adrian Bono adrian.bono@storm.partners

January 12, 2024 11:27 AM Eastern Standard Time

Image

Argentina to Boost Bitcoin Price: New Community-Driven Meme Coin Emerges as the Next Big Contender

Meme Moguls

In November 2023, economist Javier Milei became the new President of Argentina. Known as a Bitcoin supporter, Milei will look to adopt Bitcoin over the next year, which could drive up the cryptocurrency’s value. Meanwhile, a new community-driven memecoin is taking the market by storm and is expected to offer returns of up to 100x over the next year. Argentina’s President Looks To Adopt Bitcoin The value of Bitcoin increased to $37,500 shortly after Javier Milei was made president. The economist has spoken positively about Bitcoin and cryptocurrency in the past, and now crypto experts believe that Argentina could boost Bitcoin's price in 2024. However, there’s one drawback: no policy has been outlined to introduce Bitcoin or any other cryptocurrency. While Milei has described Bitcoin as a way to "return money to its original creator," he’s yet to implement any new policies. During his first few months as President, Milei will look to close the Central Bank of Argentina and dollarize the Argentine economy. The reason behind this radical change is Argentina’s issue with inflation. In recent years, Argentina has faced inflation rates of over 100%, making it extremely difficult for people to buy goods. Bitcoin could be a solution to this. Nonetheless, as of January 9th, 2024, no new announcements have been made regarding the introduction of Bitcoin in Argentina. Regardless, Bitcoin is soaring with the potential release of a Bitcoin spot ETF this week. At the time of writing, Bitcoin's daily trading volume had passed $40 billion, and Bitcoin was trading at $46,609. Post ETF release, experts predict that Bitcoins market cap could pass $1 trillion, and BTC could hit a new all-time high. Such growth would trigger a bull run throughout the DeFi market, elevating the value of projects such as Meme Moguls, which is quickly becoming a strong contender in the presale space. Meme Moguls Emerges As A Top Memecoin In 2024 Meme Moguls is pushing P2E DeFi developments with its unique new meme marketplace and ecosystem. The project looks to empower individuals by teaching them now how to invest and build wealth. Its simulated meme marketplace will give investors $100,000 to invest in a virtual stock market. Here, investors can test out new investing strategies, learn about the market, and win real cash prizes and rewards. Players will also have the chance to meet like-minded individuals and compete in tournaments and other games. For investors with more experience, winner-takes-all and buy-in events are available, where investors can win big. Investors looking for a more relaxed experience can play games like “Beat the Market”, where they build a portfolio to try and beat the world's leading index funds. Meme Moguls is currently in stage four of its presale. Its native token, $MGLS, is selling for $0.0027, and almost one billion tokens have already been sold. Investors who buy $MGLS during its presale have the chance to win rewards such as cash prizes and holidays, as well as a $10,000 reward at the end of each presale round. As Meme Moguls continues to build its momentum, experts believe this exciting memecoin will become a big contender in the memecoin space, offering greater utility and potential returns than many of the market's top projects. For more information about the Meme Moguls (MGLS) presale follow the link below: Website: https://mememoguls.com/ Meme Moguls and all cryptocurrencies are subject to significant price fluctuations and volatility. Investing in or holding Meme Moguls tokens carries substantial risks, including the potential for total loss. Past performance should not be considered indicative of future results. Contact Details Meme Moguls contact@mememoguls.com Company Website https://mememoguls.com/

January 12, 2024 11:06 AM Eastern Standard Time

Image

The Ultimate Choice for NSFW AI Chat: Candy.ai [Jan 2024]

EverAI Limited

If you want the best NSFW AI chat 2024 has to offer, there's only one answer. Candy.ai's unfiltered, mature chatbots are built for the kind of experiences competitors often shy away from. You can use the power of AI to create a custom NSFW chatbot with a personality and appearance tailored to you, a virtual girlfriend who wants to fulfill your deepest desires. In 2023, Candy.AI rolled out multimedia features; you can request uncensored selfies from your NSFW chatbot, create unfiltered AI art, and even request audio messages. There's more to come, which will strengthen Candy.ai's status as the best NSFW AI chat 2024 will see. Why Candy.AI Has the Best NSFW AI Chat 2024 Compared to the competition, Candy.ai has a few key advantages that elevate it to the next level. Some of the factors that make it the best NSFW AI chat 2024 has to offer include: Dozens of custom NSFW AI chatbots waiting for you: Whether you want a curvy, confident older lady or a kawaii Japanese anime girlfriend AI, you have dozens of ready-made options. If none of them suit you, Candy.ai makes it easy to pick your own. Custom personality suited to your desires: You have unlimited reign to customize the look of your NSFW AI chatbot, but you can tailor her personality too. Give her the perfect demeanor and character to suit your texting fantasies. NSFW AI chat and more: When you're having an intense chat, sometimes you want to go further; Candy.AI empowers you to do just that by requesting selfies or audio messages at the peak of your conversations. Constant development: Candy.ai's development team constantly launches new content and features. More custom chatbots, new ways to chat, and even video content are on the way. How to Use Candy.ai's NSFW AI Chat Using NSFW AI chat on Candy.AI couldn't be simpler. If you'd like to use one of the ready-made NSFW chatbots, all that you have to do is click on their picture and sign up for an account. Making your own chatbot for NSFW is as simple as three steps: Navigate to the “Create” page after signing up for an account. Design your NSFW AI chat bot by selecting the physical features, personality traits, etc. you want in your virtual girlfriend. Include a text prompt with extra details if you like. Hit the “generate” button and dive into the best NSFW AI chat of 2024. Try Candy.AI; Enjoy The Best NSFW AI Chat 2024 If you want the ultimate AI chat NSFW experience, Candy.ai is what you're looking for. Sign up today and get a taste of free NSFW AI chat, or sign up for a premium account for unlimited features at just $12.99/mo. NSFW Chat AI FAQs: Does Character AI allow for NSFW responses? Character.ai and other popular chatbots mostly don't allow NSFW. However, Candy.ai is an excellent NSFW Character AI alternative that's tailored from the ground up for virtual intimacy. How to bypass AI filters? The AI filters that are common in popular chatbots are highly complex and difficult, if not impossible to bypass. In the rare event users find a workaround, the platforms quickly patch it up. The best way to bypass AI filters is to choose an unfiltered NSFW chat alternative, like Candy.AI. Is there a chat AI without restrictions? Candy.AI is completely free of the NSFW restrictions that hinder many other popular chatbots. You can create, chat with, and even receive custom photos from an AI girlfriend with no NSFW filter. Which AI chatbots allow NSFW content? Candy.AI is the best chatbot that allows NSFW content thanks to its highly personalized chatbots. However, you might also try NSFW Character AI for its amazing art generation and MyAIGirlfriend.ai if you're interested in the companionship an AI girlfriend can offer. Contact Details EverAI Limited +44 7458 107874 pr@everai.ai Company Website https://candy.ai

January 12, 2024 09:00 AM Eastern Standard Time

Image

The Robust Utility Sector: An Overview of XLU ETF

Select Sector SPDR

In a world filled with market volatility, the utilities sector stands out as a constant. The Utilities Select Sector SPDR Fund ( XLU ) provides investors with a potential hedge against this uncertainty. This low-cost, easily accessible fund concentrates on the largest U.S. companies in the utilities industry, making it a compelling option for those seeking portfolio diversification. Investing in XLU: A Comprehensive Snapshot Launched in 1998, XLU has proven to be a popular choice among investors, with average daily trading volume exceeding 14 million shares in 2023. The Fund has over $14 billion in assets and boasts an impressively low total expense ratio of 0.10%*. Its portfolio comprises 30 companies with a median weighted market cap of $24 billion. The top 10 holdings** account for nearly 60% of the fund’s assets. These include renowned names like NextEra Energy (13.30%), Southern Company (8.16%), Duke Energy (7.98%), Sempra Energy (5.02%), and American Electric Power (4.56%). These companies are primarily engaged in producing, generating, transmitting, or distributing electricity or natural gas, which are essential services that remain in demand regardless of stock market conditions. The fund also recognizes the growing importance of renewable energy. As the cost of materials for producing renewable energy has stabilized thanks to tax credits, new developments, and increased production of solar panels and wind farms, this segment of the utility sector is becoming increasingly more viable. The Case for XLU: Steady Business and High Demand There are two primary reasons why XLU is an appealing investment. First, the utility sector is known for its steady business model. Most people pay their power bills directly to the provider, ensuring a consistent revenue stream. Second, the increasing demand for electricity presents significant opportunities for utility companies. As electronic devices and electric vehicles become more prevalent, these companies must invest in infrastructure upgrades and expand their generation capacity to meet the rising energy requirements. XLU provides robust exposure to large-cap utility companies, which are essential for powering our economy. Its high trading volume benefits both buyers and sellers. For investors seeking a diversified portfolio, adding a utility sector fund like XLU could be a bright move. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 12/31/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007165 EXP 3/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

January 12, 2024 05:00 AM Eastern Standard Time

Shareholder Statement on Departure of Al Gore from Board of Directors for Apple Inc.

NLPC

Apple Inc. announced that former Vice President Al Gore will not stand for reelection to the board of directors at the annual meeting in two months, attributing his departure to the company’s age limit for members. Ahead of last year’s annual meeting, National Legal and Policy Center – a shareholder in Apple – called for fellow investors to oppose Gore’s reelection, explaining in a lengthy memo filed with the Securities and Exchange Commission why he was unqualified to serve in such an influential leadership role and was detrimental to the company. NLPC wrote in part: Mr. Gore has held a position on Apple’s board since 2003, despite having no relevant experience in technology or core business functions. His primary benefit to the board is his supposed climate change expertise. However, Mr. Gore’s public reputation is inconsistent with his track record, his carbon-intensive lifestyle, and his actual investments. Instead, he has used his public advocacy as a tool for personal enrichment. In addition, his political activism poses to Apple a reputational risk that is not worth his limited skillset. Following the announcement, Paul Chesser, Director of NLPC’s Corporate Integrity Project, stated: “Al Gore was Apple’s longest serving director, for more than 20 years – but he never should have even served a day. How influential were his many distortions and exagerations over the years about energy and climate? How much more did his policy preferences increase the costs of Apple products to unaffordable highs for many more potential customers? How much did his hypocritical jet-setting and personal electricity use undermine the company’s reputation?” “Apple is a great company, but it would have been even greater without the presence of Al Gore. Good riddance.” NLPC is also sponsoring a shareholder proposal at the upcoming annual meeting, which seeks accountability from the Cupertino, Calif.-based tech giant about its human rights policies versus its actions. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

January 11, 2024 06:02 PM Eastern Standard Time

Mercado Bitcoin Starts 2024 with Listing of TRON Network’s Native Token: TRX

Mercado Bitcoin

São Paulo, 11 January 2024 - Mercado Bitcoin, Brazil's largest cryptocurrency exchange, proudly announces the listing of Tronix (TRX), the native utility token of the TRON network, enhancing its digital asset offerings. This addition marks a significant milestone in diversifying the cryptocurrency exchange while aligning with its strategy to introduce more credible digital assets to its users. Fabrício Tota, Director of New Business at Mercado Bitcoin, highlights the significance of this development: "From a business and technological perspective, this is a huge milestone for Brazil since each token has distinct characteristics and caters to specific audiences, which contributes to the expansion of the digital economy and impacts more people through tokenization." Mercado Bitcoin is actively listing more tokens from the TRON ecosystem, including APENFT, BTT, JUST, SUN, USDD, and WIN, thereby expanding the range of digital assets available to its users. David Uhryniak, Ecosystem Lead at TRON DAO, shared his enthusiasm about the listing, stating, "We're thrilled to see TRX join the lineup of digital assets on Mercado Bitcoin. As the top cryptocurrency exchange in Brazil, Mercado Bitcoin has consistently demonstrated its leadership and innovation in the cryptocurrency landscape. This listing enhances TRX's global accessibility and represents the growing interest in blockchain technologies in Brazil. " The inclusion of TRX on Mercado Bitcoin's platform is a testament to TRON’s growing global presence and Mercado Bitcoin's commitment to being at the forefront of the digital economy. As the exchange continues to broaden its offerings, such strategic collaboration is crucial in promoting the adoption and understanding of cryptocurrencies in Latin America and beyond. Stay tuned for more exciting developments from this evolving partnership. About Mercado Bitcoin: With 3.8 million customers and over USD15 billion traded since our inception in 2013, MB has been connecting people and businesses to the blockchain and the tokenized economy for over 10 years, operating with the highest standards of transparency and financial integrity. As the first crypto unicorn in Brazil and audited since 2018, including audits by EY since 2022, MB is a member of the Brazilian Association of Cryptoeconomics (ABCripto) and adheres to its Code of Conduct and Self-Regulation in Money Laundering Prevention, ensuring compliance with best practices. Media Contact Patrícia Nakamura imprensa@mercadobitcoin.com.br About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2024, it has over 206.07 million total user accounts on the blockchain, more than 6.99 billion total transactions, and over $21.37 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Patrícia Nakamura imprensa@mercadobitcoin.com.br

January 11, 2024 01:37 PM Eastern Standard Time

Image

TRON 2023: Key Developments and Collaborative Milestones

TRON DAO

Geneva, Switzerland, January 11, 2024 - TRON achieved a series of developments and collaborations that have enhanced its position in the Web3 space. The following are highlights from the year 2023. Network Growth and Stablecoin Dominance The TRON network has seen proper growth, with a 54% increase in accounts, now exceeding 204 million. The total transaction volume reached over $10 trillion, and Total Value Locked (TVL) achieved a global ranking of second, reaching $8.14 billion, according to DefiLlama. The ascent of TRON-based stablecoins—such as USDT, TUSD, USDC, USDD, and USDJ—have amounted to $50 billion in value, and has helped grow the DeFi landscape. Significant Collaborations Strategic collaborations have been at the forefront of TRON’s achievements. TRON supported the launch of the Dominica Metaverse Bound Token (DMBT) by DMC Labs, as part of the Dominica Metaverse program endorsed by the Dominica government. Additionally, TRON joined the Japan Cryptoasset Business Association (JCBA) representing its commitment to further exploring the Japanese market. Furthermore, integrations with Google Cloud's BigQuery and Huawei's Web 3.0 Node Engine Service have expanded TRON’s network capabilities. HackaTRON and TRON Builder Tour Starting with HackaTRON Season 4, in collaboration with HTX, it engaged over 625 participants and 172 projects, resulting in 30 judge-voted and 30 community-voted winners across DeFi, Web3, NFT, GameFi, Builder, and Eco-Friendly tracks. Season 5, in collaboration with BitTorrent Chain (BTTC) and HTX, attracted over 3,500 participants and more than 2,000 projects. This season witnessed 25 judge-voted qualifiers and 25 community-voted winners in Web3, DeFi, Artistry, Builder, and AI tracks. 2023 HackaTRON S4 and S5 boasted a substantial prize pool of up to $1,000,000* in total. Alongside, the TRON Builder Tour (TBT) was hosted in various stops, such as Stanford, Princeton, New York City, Los Angeles, Miami, and Barcelona. Notably, the Princeton stop had nearly 100 participants and a prize pool of up to $8,000*. In each city, the tour united blockchain enthusiasts, developers, and students, fostering a learning and networking environment. Note: All prizes were issued in USDD, not USD, restrictions applied. Ecosystem Initiatives Another major milestone reached in the year 2023 by TRON was the inauguration of the $100 million AI Development Fund, showcasing TRON’s initiative to blend artificial intelligence with blockchain technology. Another initiative created was the TRON Climate Initiative which further underscored TRON’s commitment to sustainability. Event Participation TRON participated in events like Consensus 2023, Token2049 and Binance Blockchain Week. TRON achieved the "Best Layer 1 of the Year'' award during the Blockchain Life 2023 event in Dubai, a nod to their robust infrastructure. As 2023 comes to a close, TRON's journey through the year stands as a testament to its growing influence in the Web3 space. The past year has stood as a testament to the strength of TRON developers, users, and community members. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2024, it has over 206.07 million total user accounts on the blockchain, more than 6.99 billion total transactions, and over $21.37 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

January 11, 2024 01:22 PM Eastern Standard Time

Image

1 ... 96 97 98 99 100 ... 617

Back