Decentralized

Decentralized and community-driven funding parachain Polimec has officially announced its launch on Polkadot, kickstarting a new era of community-funded projects on Polkadot.  Polimec aims to provide a transparent way for projects and teams to raise funds and issue tokens, maintaining regulatory compliance throughout the process.  Polimec Launches On Polkadot  The launch of Polimec on Polkadot ushers in a new era of decentralized fundraising, prioritizing access, community involvement, and regulatory compliance. The parachain already has its inaugural project, Apillon, an infrastructure…

Zug, Switzerland, May 20th, 2024, Chainwire Decentralized funding protocol Polimec has launched with the goal of kickstarting a new era of community-funded Polkadot projects. The protocol provides a transparent way for teams to raise funds and issue tokens while maintaining regulatory compliance. The first project to feature on Polimec is Apillon, an infrastructure solution for web3 developers. With the start of the first Evaluation Round on Polimec, investors get the opportunity to appraise projects and decide whether they should advance…

ShibaSwap integrates with Shibarium, enabling dual-platform operations and enhancing decentralized exchange functionalities. The integration fosters community engagement and drives innovation within the DeFi space. On May 15, 2024, in Dubai, SHIB revealed a major development: the integration of its decentralized exchange, ShibaSwap, with Shibarium. As reported by GlobeNewswire, this strategic move allows ShibaSwap to operate across both the Ethereum and Shibarium platforms. The integration not only enhances ShibaSwap’s capabilities by introducing features like an improved dashboard and discovery charts for…

May 13, 2024 ––io.net, a leading provider of decentralized computing technology, has announced a significant expansion of its GPU infrastructure in partnership with Aethir, a leading enterprise-grade AI-focused GPU-as-a-service provider, marking a pivotal moment in its ongoing efforts to enhance blockchain and AI compute capabilities.  In the first phase of the rollout, io.net has integrated over 300 NVIDIA H100 GPUs from Aethir onto its fast-growing network. In partnership, Aethir and IO will be deploying a total of 1,000 H100 GPUs …

The partnership will see over 300 powerful NVIDIA GPUs deployed on io.net with a target of over a thousand set by the end of May this year. Decentralized computing provider io.net announced a partnership with Aethir, a leading enterprise-grade AI-focused GPU-as-a-service provider, to expand its GPU infrastructure and the overall computing capacity across its network. According to the team, the partnership marks a “pivotal” moment in io.net’s quest to become a global force in providing decentralized computing services as well…

The total number of Uniswap (UNI) wallets has more than doubled in the last 12 months, demonstrating its growing adoption. Wallet growth has coincided with the rise of other metrics such as the platform surpassing $2 trillion in cumulative trading volume. Uniswap, the decentralized cryptocurrency exchange, has staged remarkable growth over the past 12 months. New data from Dune Analytics data shows that Uniswap’s wallet numbers have surged 140% in the past 12 months. The platform which was established in…

Michael Saylor introduced the Microstrategy Orange decentralized identity protocol at the company’s Bitcoin for Corporations event on Wednesday. The protocol is anchored on Bitcoin and relies on Ordinals inscriptions to store the identity data while using SegWit to separate all the other data. MicroStrategy has launched a new Bitcoin-based decentralized identity protocol that relies on Ordinals-like inscription to store the ID data on the world’s pioneer blockchain network. At the annual MicroStrategy World 2024 in Las Vegas, executive chairman and…

MicroStrategy, a US-based business intelligence and software company, has introduced a new decentralized identification protocol named Orange. This innovative protocol was unveiled at the annual MicroStrategy World event in Las Vegas on May 1. Orange stands out by employing a novel method of using inscriptions as Ordinals on the Bitcoin (BTC) blockchain to store data related to decentralized identities (DID). The protocol utilizes the Segregated Witness (SegWit) feature of Bitcoin. It also enables documents to be created and updated with…

LunaStorm has announced the launch of LunarChain to bring decentralized gaming experiences into its ecosystem in partnership with IOTA and HAVN, an interoperability network. It will be anchored on multi-utility and cross-chain interoperability, leveraging hybrid technology and offering cutting-edge speed, liquidity and security. LunarStorm, one of the most innovative Web3 gaming platforms, has announced the launch of LunarChain, an innovative blockchain solution targeting the Web3 gaming industry. The platform partnered with the IOTA Foundation and HAVN in its initiative. LunarStorm…