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QuickNode Releases The On-Chain Report Q3: Stablecoins Hit 400K Daily Active Addresses

QuickNode

QuickNode, an end-to-end development platform for Web3 innovation, has released The On-Chain Report to highlight the developments in the blockchain industry in the third quarter of 2023. Prepared with Artemis, an institutional data platform for digital assets, The On-Chain Report provides a comprehensive overview of blockchain usage and investments in Q3 by examining consumer trends, developer activity and the investment landscape. Among the key findings of The On-Chain Report is the significant increase in stablecoin activity across blockchain networks. Stablecoins have become the most popular category as measured by daily active addresses (DAA), ending Q3 with over 400,000 average DAA. Stablecoin has also become the only category examined by the report that has shown growth in Q3 2023, outperforming DeFi, Social, Gaming and NFT categories Key takeaways from QuickNode’s On-Chain Report include: Consumer activity was dominated by financial activity, with stablecoin activity taking the crown from DeFi. Fueled primarily by the Friend.tech trend, DeSocial is starting to emerge with viral product launches. The potential for a Web2 scale social app will turn the current adoption levels on its head. Development activity remains strong only on Optimism’s OP Mainnet, suggesting that developers see EVM scaling solutions as a critical problem to solve in the near term. Future trends, as informed by investment data, suggest that gaming and AI offerings are where the blockchain ecosystem will see the greatest emergence in the coming years. Commenting on the report, QuickNode Co-founder and CEO, Dmitry Shklovsky said: “By centering the narrative around blockchain developers and end users, we gain valuable insights into the roadmap for building a sustainable and rapidly expanding Web3 ecosystem. These insights, combined with the context of product launches and investments, give us a comprehensive story of where we're heading.” Prepared by QuickNode and Artemis, The On-Chain Report draws an insightful picture of the blockchain industry by looking at today, medium term and long term. The report offers detailed stats and analyses categorized by Stablecoins, DeFi, NFT, Social dApps and EVM-scaling Solutions. To prepare the report, QuickNode has examined the average daily value on a weekly basis on Arbitrum One, Avalanche, Base, BNB Chain, Ethereum, OP Mainnet and Polygon PoS, using Artemis.xyz as the primary data source. The On-Chain Report is available here. About QuickNode Since its founding in 2017, QuickNode has emerged as the go-to solution for businesses and innovators requiring world-class blockchain development tools for speed, reliability, and security. Handling over eight billion blockchain requests daily, QuickNode boasts a 2.5X faster response time than competitors and 99.99% uptime across 24+ chains and 35+ networks. With a user-friendly interface and a robust multi-chain developer tool suite, QuickNode is an ideal choice for top Web3 businesses and global brands. About Artemis Since launching in 2022, Artemis has emerged as a premier institutional data platform for digital assets. Delivering insights across 25+ blockchains, Artemis stands out as the definitive data science layer for crypto fundamental information. From sector-specific metrics to real-time developer engagement insights, Artemis ensures that users are equipped with the most comprehensive and customizable digital asset data available. With its wide availability of data ingestion choices, from Excel integrations to Snowflake Data Shares, Artemis is the data platform of choice for global financial institutions and investors. Contact Details MarketAcross PR Kim Bazak Kim@marketacross.com Company Website https://www.quicknode.com/

November 02, 2023 02:00 PM Eastern Daylight Time

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News Release

TRON (TRX) Partners With ChainGPT, Everlodge (ELDG) and Dogecoin (DOGE) Show Bullish Signals

Total Media

While established players like TRON (TRX) and the internet's favorite meme coin, Dogecoin (DOGE), have enjoyed their time in the limelight, a rising star is making waves in the crypto-sphere. Everlodge (ELDG), a presale phenomenon, is emerging as a strong contender, challenging the dominance of these giants. But what gives it the competitive edge? Keep reading to find out. TRON (TRX): ChainGPT Partnership In a groundbreaking development, TRON (TRX) DAO has solidified a strategic partnership with ChainGPT, a leading AI infrastructure provider for Web3. This alliance is important not just for tech advancements. TRON has millions of users. With more than 100,000 engaging with ChainGPT monthly, this partnership brings resourceful tools to the TRON system and broadens its community. With the promise of AI seamlessly integrated into the TRON blockchain, market analysts are optimistic. Therefore, they have made a bullish TRON price prediction. They foresee the Tron price surging to $0.100 by December 2023. However, those looking for more significant growth are shifting focus to new projects with more real-world applications. Dogecoin (DOGE): Bullish Signals Amid Utility Concerns Dogecoin (DOGE) has recently shown signs of a bullish upturn, attracting attention. Creator Billy Markus added to this excitement by taking to Twitter to share his enthusiasm for the X app's subscriber feature, which has become his new favorite platform. He's planning to engage with subscribers by offering exclusive content, making the Dogecoin community happy. However, despite the excitement among Dogecoin fans and positive growth, the crypto world has a worry: its real-world utility. Sure, Dogecoin gained popularity through memes. But, its primary uses of tips and charity have the crypto world wondering about its future stability. The Dogecoin price has yet to reach $1, as its peak is $0.73. As Dogecoin's fate hangs in the balance, with investors closely watching its performance, experts predict the Dogecoin value will reach $0.098 by December 2023. Everlodge (ELDG): Excellent TRON and Dogecoin Alternative While TRON and Dogecoin have garnered attention primarily for their meme status and speculative trading, Everlodge (ELDG) will bring a real-world use case. This project is unique as it aims to reshape the $4.548T hospitality sector. Everlodge is bringing forward a fractional ownership model for real estate assets using blockchain. This enables users to get a piece of property investments like hotels, with NFTs backing them. So, anyone can participate in high-value real estate investments, not just a privileged few. Moreover, it solves an issue with traditional real estate investment: liquidity. Everlodge users can use their NFT-backed assets as collateral for short-to-medium term loans. With this, investors can access their money without having to sell their piece of real estate. Currently, the ELDG native token is worth only $0.023 because it is in Stage 6 of its presale. Its low market cap gives it a competitive edge over TRON and Dogecoin, as it could experience faster growth. This growth can be noticed now as well. It has already surged by 130% from its starting price. Therefore, experts predict a 3,000% rise for ELDG after its debut. For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here. Contact Details Media Team media@everlodge.io

November 02, 2023 09:00 AM Eastern Daylight Time

Consumer Staples ETF ‘XLP’: A Strategic Investment for Access to Essential Goods Market

Select Sector SPDR

XLP isn't just another fund; it's your personal gateway into the S&P 500's consumer staples sector. Holding shares in household names like Procter & Gamble, Pepsi, Costco, and Coca-Cola – XLP is comprised of the very companies that keep the world's pantries stocked and fridges full. These companies form the backbone of the consumer staples sector, producing goods that are consumed regardless of where we are in the economic cycle. Welcome to Select Sector SPDR’s Consumer Staples ETF ( XLP ) – your opportunity to invest in the everyday essentials that fuel our lives. Gain Exposure to the Everyday Essentials Market Investing in XLP is akin to taking a stroll through the aisles of a grocery store. The fund's holdings span across industries such as food and staples retailing, beverages, food products, tobacco, household goods, and personal care products. This wide array of sectors represents the diverse range of goods that consumers rely on daily. Since its launch in 1998, XLP has amassed over $16 billion in assets under management and maintains a low expense ratio of 0.10%*. It provides a cost-effective solution for investors seeking to access large-cap companies that cater to fundamental consumer needs. A Unique Investment Opportunity Beyond Market Volatility While XLP has proven its resilience during uncertain economic times, it also presents a compelling investment case during periods of economic stability. Consumer staples are everyday items that households continually purchase, making the companies that produce these goods potentially more immune to economic fluctuations. XLP’s top holdings** are Procter & Gamble (14.58%), Costco (10.62%), Pepsi (9.89%), Walmart (9.68%), and Mondelez International (4.62%). By investing in XLP, investors gain exposure to a sector characterized by steady demand. This ETF offers a unique way to invest in the ongoing consumption of essential goods, making it a potential addition to any diversified investment portfolio. 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 9/30/23 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. SEL006990 EXP 1/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

November 02, 2023 09:00 AM Eastern Daylight Time

Sienna Resources, One Of The Largest Landholders In Nevada’s Lithium-Rich Clayton Valley, Begins Drilling At Elko Lithium Project

Benzinga

By Faith Ashmore, Benzinga In order to achieve energy independence, it is crucial for the United States to focus on the growth of its battery industry, considering the increasing utilization of renewable energy in various sectors. Nevada has rich lithium deposits, making it an ideal location to strengthen the domestic battery sector. Lithium – a vital ingredient in the production of batteries for electric vehicles (EVs), renewable energy storage and electronic devices – plays a crucial role in making this happen. By prioritizing the development of this sector, the United States can lessen its dependence on foreign sources for lithium and battery manufacturing. Sienna Resources Inc. (OTCMKTS: SNNAF) is a company focused on exploring and developing mineral resources, with a specific focus on lithium and graphite. In the energy space, Sienna Resources is actively involved in identifying and acquiring lithium and graphite projects, particularly in regions known for their rich deposits of these minerals. The company aims to contribute to the growing demand for battery materials, as lithium is a key component for electric vehicle batteries and renewable energy storage. The company is making progress in the energy space, particularly in the lithium sector. Sienna has recently acquired the Elko Lithium Project in Elko County, Nevada, and will begin drilling soon. This project covers approximately 1,200 acres and is in close proximity to Surge Battery Metals' (OTCQX: NILIF) Nevada North Lithium Project, which has yielded high-grade lithium values according to recent reports. Sienna Resources has also recently completed the acquisition of the Silver Peak South Lithium Project (SPSLP), located in Clayton Valley, Nevada. This project connects with Sienna's existing Blue Clay Lithium Project, creating a continuous block of approximately 4,700 acres. With these acquisitions, Sienna has become one of the largest landholders in Clayton Valley. The company is strategically positioned in Clayton Valley, where many developments are taking place. Sienna is working on the pilot plant for lithium clay extraction by Century/Koch Technology Solutions. The results of this pilot plant could have a substantial impact on the industry. Another crucial development is the final analysis of the Schlumberger (NYSE: SLB) DLE pilot plant for brine on Pure Energy's property. This brine basin is home to the only producing lithium project in North America, Albemarle Corporation's (NYSE: ALB) Silver Peak deposit. Sienna Resources, along with Albemarle and Schlumberger, is involved in exploring this region, with each company playing a unique role. Sienna Resources reports it has sufficient funds to support its planned work, with over $2 million in the bank. This seems like an opportune time for the company to commence multiple lithium projects in Nevada, and they are also planning an aggressive marketing program to coincide with their upcoming work programs. The lithium deposits in Nevada, particularly in Clayton Valley, seem to hold promise and may be critical to helping the U.S. achieve energy independence. The region is already home to Albemarle's Silver Peak deposit, the only lithium-producing project in North America. With the increasing global demand for lithium, the development of lithium projects in this region is crucial for meeting the growing needs of the electric vehicle and renewable energy industries. Sienna Resources' presence in Nevada positions them to contribute to the domestic battery industry, reducing reliance on foreign sources of lithium and supporting the country's transition to cleaner and more sustainable energy sources. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 02, 2023 09:00 AM Eastern Daylight Time

Wishpond Announces Date for Third Quarter 2023 Financial Results Video Conference Call

Wishpond Technologies Ltd.

Vancouver, BC – November 2, 2023 – Wishpond Technologies Ltd. (TSXV: WISH, OTCQX: WPNDF) (the “ Company ” or “ Wishpond ”), a provider of marketing-focused online business solutions, is pleased to announce that it expects to release its Third Quarter Financial Statements and corresponding management’s discussion and analysis for the three months ended September 30, 2023, before market open on Thursday, November 16, 2023. The Company will also host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET). The call will be hosted by Ali Tajskandar, Chairman and Chief Executive Officer, and David Pais, Chief Financial Officer. Webinar Details: Date: November 16, 2023 Time: 10:00 am PT (1:00 pm ET) Webinar Registration: https://bit.ly/Results_Q3_2023 Please connect 5 minutes prior to the conference call to ensure time for any software download that may be required. WISHPOND TECHNOLOGIES LTD. “Ali Tajskandar” Chairman and Chief Executive Officer About Wishpond Technologies Ltd. Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond's vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker " WISH ", and on the OTCQX Best Market under the ticker " WPNDF ". For further information, visit: www.wishpond.com. Forward-Looking Statements While the Company expects to release its financial results for the fiscal period ended September 30, 2023 on November 16, 2023, and host a conference call on the same day, such statements may represent forward-looking information within the meaning of applicable Canadian securities legislation. The Company will use commercially reasonable efforts to meet such disclosed timelines, however, extenuating circumstances such as delays in accounting review, the availability of employees and consultants, and other pressing business or regulatory requirements which may divert management attention from the preparation of the financial statements and attendance of the conference, among other factors, may cause the Company to not be able to meet such deadlines. Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Contact Details Pardeep S. Sangha Investor Relations, Wishpond Technologies Ltd. +1 604-572-6392 investor@wishpond.com

November 02, 2023 07:00 AM Eastern Daylight Time

News Release

Bitcoin and Ethereum Surge Ahead, But All Eyes Are on Borroe Finance's Impressive $1.35M Raise

Blockchain Digest

Amid massive growth in cryptos, a newer player, Borroe Finance ($ROE), has managed to steal the limelight with its whopping $1.35M raise. At its heart, Borroe Finance aims to revolutionize how the Web3 community addresses its funding needs. The idea is simple but groundbreaking. Businesses can convert their outstanding invoices into non-fungible tokens (NFTs). These NFTs then go up on Borroe Finance's unique marketplace, offering them at a discounted rate. Buyers get a great deal, and businesses get their cash flow sorted. It's a fresh take on a long-standing issue. Let's dive into the details. >>BUY $ROE TOKENS NOW<< Bitcoin and Ethereum: The Titans March On Bitcoin and Ethereum, often dubbed the gold and silver of the crypto universe, have been enjoying a bullish trend. With institutions leaning more into crypto and positive sentiments echoing around, these giants seem unstoppable. Their rising prices are not just a reflection of their inherent strengths but also an indication of the maturing crypto market. People are more informed, more involved, and most importantly, more optimistic. Borroe Finance: The New Kid Making Waves Amidst the usual chatter about Bitcoin and Ethereum, Borroe Finance has carved out its niche. For the uninitiated, Borroe Finance isn't just another top altcoin. It has a vision, a purpose, and given its recent raise, a whole lot of backers who believe in its potential. The buzz is all about Borroe Finance's recent presale. A staggering $1.35M has been raised, signaling strong investor confidence. What's got everyone so interested? Let's break it down. Borroe Finance's Presale: Numbers That Speak Volumes Borroe Finance's presale was nothing short of a whirlwind. The crypto community lapped up what Borroe Finance had to offer, and the numbers showcase this enthusiasm. A significant 75.37% of the total token supply has already been grabbed during the presale, indicating a potent mix of FOMO and genuine belief in Borroe Finance's promise. But here's the kicker: the tokens aren’t priced exorbitantly. During its second phase, each token was priced at a mere $0.015. Yet, the demand was through the roof. This isn't just about making a quick buck. This is about being part of a movement, a vision that Borroe Finance represents. Borroe Finance's Crowdfunding Marketplace: The Real Game-Changer But Borroe Finance doesn't stop there! What does Borroe Finance do best? The platform is built on trust and efficiency. With its AI-driven risk evaluation tools, Borroe Finance ensures that businesses are legit and that transactions are safe. Who does Borroe Finance benefit? It's a win-win scenario that's got the crypto community buzzing. This is why it is considered a top crypto investment by many! Conclusion In the end, the world of crypto remains as dynamic as ever. While Bitcoin and Ethereum march ahead, solidifying their spots, fresh faces like Borroe Finance remind us of the endless possibilities that lie ahead. Borroe Finance, with its innovative solution and community backing, is a good crypto to buy for beginners. Its successful presale is just the start. As more businesses and buyers jump onto its platform, Borroe's growth seems almost inevitable. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

November 01, 2023 06:24 PM Eastern Daylight Time

News Release

Despite Rallies From Bitcoin and Pepe is This The Best Crypto To Buy Now?

Blockchain Digest

With Bitcoin (BTC) recently hitting the psychological price of $35k and Pepe (PEPE) recording an impressive 30-day gain of 55.8%, a green picture is being painted in the crypto market. Furthermore, BorroeFinance ( $ROE) continues to be top of mind for investors based on its out-of-the-box approach in the Web3 sector. >>BUY $ROE TOKENS NOW<< BorroeFinance is being Hailed as a Web3 Catalyst Finding itself at the crossroads of financial inclusion and Web3 development, BorroeFinance ($ROE) continues to make airwaves as one of the top altcoins with a real-life use case. Given that the lack of funding continues to be a headache in Web3 advancement, BorroeFinance seeks to eradicate this pain point through its innovative peer-to-peer (P2P) ecosystem, making it one of the altcoins to buy. Specifically, Web3 players are able to access instant cash by using their future recurring income as collateral on BorroeFinance ecosystem. The future earnings are converted to non-fungible tokens (NFT) for seamless revenue buying and selling. As a result, experts deem the network as one of the best DeFi projects. Furthermore, BorroeFinance ’s transformative capability is fueled by the network’s robust blockchain technology and AI-powered risk evaluation, enabling seamless transactions. Therefore, BorroeFinance is showcasing itself as one of the best cryptos to buy now, given that its native token called $ROE is experiencing heightened adoption rates. For instance, more than 126 million $ROE tokens have already been bought at the presale stage, with pundits speculating that the coin has the potential of scaling to the $1 level. At the Stage 2 presale, $ROE is currently retailing at $0.015, representing a 50% gain from the Beta Stage where the price was set at $0.01. Therefore, $ROE is emerging as one of the altcoins to watch based on BorroeFinance ’s long-term objective of breaking barriers in Web3. >>BUY $ROE TOKENS NOW<< Optimism Continue to Engulf the Bitcoin Market amid PEPE Getting the Limelight in the Memecoin Ecosystem After trying to surpass the psychological price of $30,000 for months in vain, Bitcoin recently found the right footing and breached this zone thanks to heightened optimism from spot BTC ETF approval. Bitcoin scaled heights to the extent that it hit a 17-month high above the $35,000 mark, illustrating that it remains one of the top cryptos to buy. BTC was up by 30.8% in the past 30 days to hit $35,486 at the time of writing, according to CoinGeko data. Pundits believe the approval of spot Bitcoin ETF by the United States Securities and Exchange Commission (SEC) will make BTC to skyrocket to new highs, even going to the extent of hitting the $150,000 mark in the near future. On the other hand, PEPE continues to stamp its authority in the memecoin market, based on a remarkable surge. Therefore, PEPE is painting a bullish picture, given that its demand in the futures market hit a volume of $1.7 billion, with more than 420 million in the spot market, according to market analyst Plazma. Therefore, BorroeFinance, Bitcoin and Pepe are enjoying the bullish momentum being experienced in the crypto market. Visit BorroeFinance Presale Contact Details Borroe Finance media@borroefinance.ai

November 01, 2023 06:20 PM Eastern Daylight Time

Monero Mixer Introduces Revolutionary Anonymous XMR Mixing Service

King Newswire

(King NewsWire ) - Monero Mixer, the leading anonymous Monero mixing service, has announced the launch of a revolutionary new crypto mixing service designed to provide users with maximum anonymity. In today's digital world, the privacy of cryptocurrency transactions is more critical than ever. Monero Mixer's new mixing service takes this to the next level, making it impossible to trace your transactions or your identity. With Monero Mixer's mixing service, users can now mix their Monero transactions with those of other users, effectively obscuring their transaction history. The process is entirely anonymous and secure, ensuring that users can remain unidentifiable in all their cryptocurrency transactions. "Our mixing service is the perfect solution for anyone looking to protect their privacy when using Monero", said the Chris Larsen, Founder of the Monero Mixer. "We understand the importance of protecting our users' sensitive information, and that's why we've designed the most secure and anonymous mixing service available on the market today.". Monero Mixer's mixing service uses advanced encryption algorithms to protect your data, and the company does not keep any logs or records of its users' activities. With this level of security, Monero Mixer ensures that users can enjoy the full benefits of cryptocurrency without the need to worry about their privacy being compromised. "Privacy is a fundamental right, and in today's world, it's more important than ever," the CEO Chris Larsen added. “Our new mixing service offers users complete anonymity, allowing them to transact with Monero with the peace of mind that comes with knowing their privacy is fully protected.” Monero Mixer's anonymous XMR mixing service is available now, and users worldwide can take advantage of this revolutionary new Monero Mixer technology to protect their privacy when using Monero. The information provided in this release is for informational purposes only. It does not offer financial or legal advice. The cryptocurrency market is subject to rapid changes and fluctuations. Users are encouraged to conduct their research and seek professional guidance when making financial decisions. Contact Details Monero Mixer Online Riccardo Spagni service@monero-mixer.net Company Website https://monero-mixer.net/

November 01, 2023 02:29 PM Eastern Daylight Time

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TRON DAO Announces Game-Changing Collaboration with Tangem

TRON DAO

Geneva, Switzerland / November 1, 2023 / - TRON DAO, a globally recognized leader in the blockchain industry, is thrilled to announce its landmark collaboration with Tangem AG, a front-runner in the production of avant-garde crypto hardware wallets. This strategic alliance has a two-fold mission: to significantly enhance user experience and to innovate the TRON ecosystem. As a testament to this collaboration, Tangem is set to introduce a special edition of TRON-branded hardware wallets. This collaboration promises to advance the TRON network, bringing to its users the best of both worlds. The upcoming Tangem Wallet for TRON is not just another hardware wallet; it will feature cutting-edge utilities meticulously designed for the unique needs of TRON users. Noteworthy among these features are the advanced management tools tailored for energy and bandwidth resource models. Additionally, to ensure seamless interactions, WalletConnect support is available for TRON users. As of November 1, 2023, these state-of-the-art TRON-branded Tangem Wallets were made available. The initial release witnessed the roll-out of 1,000 wallets, specifically for the vibrant TRON community. Both organizations envision a long-term collaboration, indicating that more offerings are on the horizon. Speaking on the development, Andrey Kurennykh, CEO of Tangem, shared, "Our relationship with TRON is not just a business collaboration; it's a vision coming to life. With the debut of TRON-branded Tangem wallets, coupled with unique network features, we aspire to be the go-to cold wallet solution for the TRON community." Echoing this enthusiasm, TRON DAO’s Ecosystem Lead, Dave Uhryniak, stated, "Aligning with Tangem doesn't only signify an innovative advancement in cold-wallet storage; it underlines our unwavering dedication to our users. Tangem stands out with its reputation for providing an unparalleled user experience. This resonates deeply with our ethos at TRON, making this collaboration a natural fit." As one of the most formidable names in the blockchain space, TRON's alliance with Tangem is a testament to its commitment to providing its community with unparalleled functionality and a strong user experience. This collaboration serves as a beacon for what’s possible when two industry giants join forces. The TRON community, along with the broader blockchain world, eagerly awaits the transformative solutions that will emerge from this engagement. 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 October 2023, it has over 193.51 million total user accounts on the blockchain, more than 6.65 billion total transactions, and over $18.79 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 About Tangem Tangem AG is a Swiss tech company renowned for its exceptionally simple and secure self-custodial cold wallet. The Tangem Wallet, which is the size of a regular bank card, allows users to securely connect to the Tangem app via NFC and buy, swap, stake, transfer, and manage their crypto anywhere and at any time. Tangem Wallet’s most exciting features include a smart backup system that eliminates the need for seed phrases, water-and-dust proof, and a robust open-source mobile app. For more information on Tangem and its range of secure hardware wallet solutions, please visit https://www.tangem.com Media Contact Daria Bystrova press@tangem.com Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

November 01, 2023 02:12 PM Eastern Daylight Time

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