Ethena is a project developed to address the issues of existing stablecoins in the cryptocurrency market. What is Ethena (ENA)? Ethena is a cutting-edge decentralized finance (DeFi) protocol built on the Ethereum blockchain. It is designed to generate synthetic dollars, which are digital assets that maintain price parity with the US dollar (USDe). The ENA token is the native governance token of the Ethena protocol. Through the use of smart contracts, Ethena allows users to mint, trade, and exchange synthetic dollars without the need for a central authority or intermediary. This provides users with greater control over their funds and financial transactions. The ENA token plays a crucial role in the governance and operation of the Ethena protocol. Holders of the token have voting rights in the decision-making process of the protocol, such as proposing and voting on changes to the protocol parameters or upgrades. Additionally, the ENA token can be staked to earn rewards in the form of transaction fees generated by the protocol. This incentivizes token holders to actively participate in the protocol, contributing to its security and stability. Overall, Ethena aims to revolutionize the way decentralized finance operates by providing a reliable and transparent platform for users to access synthetic dollars and participate in the governance of the protocol.  Why is Ethena Labs important? Ethena provides a vital solution within the growing DeFi sector. Synthetic dollars play a key role in various DeFi applications, including:

• Stablecoin for trading: Provides traders with a price-stable asset for crypto trading within the volatile crypto market.
• Lending and borrowing: Enables users to lend and borrow assets with stable value.
• Yield generation: Allows users to earn a yield on their crypto holdings with less risk compared to other cryptocurrency assets.

How does the Ethena protocol work? Ethena maintains a collateral pool of cryptocurrency assets, primarily Ethereum. Users can deposit collateral to mint synthetic dollars. The protocol uses a complex system of algorithms and incentives to maintain the price stability of its synthetic dollars. ENA token holders play a part in governance decisions and help shape the future of the protocol. Should I invest in the Ethena (ENA) token? Determining whether or not to put your money into ENA is an individual choice. It is important to extensively study Ethena Labs, including the protocol, tokenomics, team, and roadmap. Take into account your risk tolerance and overall investment approach. Making an investment in the Ethena (ENA) token should be thoughtfully evaluated. Here are some advantages and disadvantages to assist you in making an educated decision. Ethena advantages:

• Impressive idea
• An effective vesting plan
• Backed by top-tier funds
• Extensive network of top-tier partners
• Successful PR and growth marketing efforts
• Effective influencer marketing campaigns
• Undergone multiple security audits and bug bounty programs by reputable companies
• Comparatively low Initial Market Cap/Fully Diluted Valuation (FDV) ratio (9.5%)
• Experienced executive team

Token NameEthenaTickerENABlockchainEthereumToken StandardERC-20ContractTo be updatedToken TypeGovernanceTotal Supply15,000,000,000Circulating SupplyTo be updatedDetails about ENA token Token Allocation Token Release Schedule Ethena disadvantages:

• Because of its intricacy, the protocol carries substantial risks associated with its delta hedging approach.
• Damage to reputation caused by the failure of Terra or Luna.

It is important to note that investing in any cryptocurrency carries inherent risks, and it is crucial to conduct thorough research and consider your own risk tolerance before making any investment decisions. What is Delta-Hedging? Delta-Hedging, also known as Delta Neutral Trading Strategy, is used to generate income when the market lacks direction. Though that’s the definition, in practice, there are numerous methods to apply it, and the common goal of these methods is to eliminate price volatility and earn profits. This means that the user’s position remains unchanged amidst market fluctuations. When applied to the cryptocurrency market, the most commonly used investment method is to balance the user’s portfolio to zero, creating a hedge, and earning profits from other methods such as IDO, Airdrop, Staking, Farming, etc. Conclusion Ethena is a project issuing a stablecoin based on the delta-neutral investment method, currently attracting significant attention from the investor community. Coinbold provides only general information, not investment advice.

Saga is a protocol that provides blockchain development services for decentralized applications. Let’s dive right in and learn more in this article! What is Saga (SAGA)? Saga Protocol is a venture that offers blockchain construction services for applications. Essentially, Saga functions as a blockchain platform designed to introduce additional blockchains, known as “Chainlets,” within the Saga ecosystem. These Chainlets are safeguarded by Saga validators through a process called Interchain Security, which is a collaborative security system derived from Cosmos. The concept of Interchain Security involves one blockchain serving as a security provider for others, specifically Chainlets in this scenario. As a result, Chainlets are able to leverage the advantages of operating a Cosmos SDK application while relying on Saga validators for block validation. Solution for Building VM-Compatible Blockchains Saga is presenting a specialized system for deploying blockchain that is user-friendly, decentralized, and secure. This system allows developers to have control over selecting their desired virtual machine, starting with support for the Ethereum Virtual Machine (EVM). In the future, Chainlet is striving to be compatible with multiple virtual machines, giving developers the freedom to select from different options such as EVM, CosmWasm, or Javascript VM. Chainlet Launching Process Launching a Chainlet on Saga does not require permission, unlike on Cosmos Hub. Developers simply need to possess SAGA tokens to cover the expenses of setting up and maintaining their Chainlet. This process is akin to services offered by platforms like Amazon Web Services and other SaaS providers, with the distinction that the subscription fee for creating and managing a Chainlet is paid in SAGA tokens. Once the fee is paid, validators are responsible for establishing and overseeing the infrastructure of the Chainlet, similar to how validators on Cosmos Hub manage app chain infrastructure. To launch a Chainlet, developers must allocate funds to an escrow account using SAGA tokens. This escrow account can be funded with any desired amount and serves as a prepaid service to handle expenses related to the Chainlet. If the prepaid fee runs out, the Chainlet will become inactive until the developer deposits more SAGA into the account. The fee is calculated per epoch, with each epoch lasting approximately one day. There are different methods to fund your margin account with SAGA tokens:

• Deposit money directly into your account with SAGA tokens
• Stake SAGA to an escrow account to pay fees through staking rewards
• Allows sponsors, community, and DAOs to pay fees

The fee required to participate in Chainlet is set by the validator prior to the start of each new day-long epoch. Validators each submit a proposal for the fee they wish to receive for their services, which are then locked in and chosen through a bidding process known as the “Musical Chair Auction”. Musical Chair Auction – Model for determining Chainlet operating costs The Musical Chair Auction is a method used to determine a standard price for carrying out Chainlet operations. In this auction, validators submit their bids, and only a select group with the lowest bids, known as the “Winning Set”, are chosen to operate the Chainlet. Validators with higher bids are categorized as the “Losing Set”. The cost of operating a Chainlet is established by the highest bid within the Winning Set. This means that the validator with the highest bid in the Winning Set will be paid their desired price, while other validators not only secure their desired price but also earn a profit based on their bid. Thus, the price paid by developers to validators for operating a Chainlet is based on the highest bid in the Winning Set, along with an additional profit. This profit ensures that all validators in the Winning Set receive a fair compensation for the services they provide to developers in running the Chainlet. Musical Chair Auction. Source Chorus One On the other hand, Musical Chair Auction poses potential risks for validators. This system aims to motivate validators to submit the most competitive bids, with rewards for validators in Winning Sets and consequences for validators in Losing Sets. Tokenomics of SAGA Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Saga and Chainlet introduce a new token structure with transaction fees to be paid by end users to Chainlet developers; Developers will then pay gas fees to Saga Mainnet. This gives a high degree of flexibility to Chainlet and its development team in determining how end-user transaction fee funds are used. In a Chainlet, gas fees can be paid with SAGA tokens or other tokens such as ETH or USDC. SAGA team

• Rebecca Liao – (CEO): Previously, she was Co-founder and held the CEO position at Skuchain, she brought Skuchain to annual sales of over 5 billion USD. Currently, Rebecca is an Advisor to Sommelier Protocol, responsible for designing the DAO to optimize governance, develop the platform, and ensure regulatory compliance.
• Jacob McDorman – (CTO): He is an entrepreneur and researcher with over a decade of experience in product development. He has a vision and practical approach, having worked as a business founder, entrepreneur, development studio owner and consultant.
• Jin Kwon – (CSO): He has contributed to the Cosmos ecosystem since 2018 and currently holds many important positions at Tendermint. He has a multidisciplinary background in engineering, sales, marketing and finance, and wants to see web3 technology widely integrated into everyday life.
• Bogdan Alexandrescu (Vice President, Engineering): He is a technology expert and industry leader with experience in many fields, from technology to fintech and business consulting. Before joining Saga, he had a notable career at Apple Inc and worked on large-scale, machine learning and artificial intelligence projects.

Rebecca Liao is CEO of Saga. Investors Saga has successfully secured 13.5 million USD in total through 3 rounds of seed funding. Investment funds and organizations such as placeholder, Samsung Next, GSR, Longhash Ventures, Maven11, and Hypersphere have all contributed to these capital calls. Conclusion Saga is a Layer 1 protocol that developers allow to automatically spin up parallelized and interoperable dedicated chains that elastically scale with their Web3 application needs. Through this article, you probably have some basic information about the project to make your own investment decision. You can currently earn SAGA tokens through Binance Launchpool by staking BNB or FUSD.

Nibiru Chain (NIBI) is a blockchain platform that aims to revolutionize the gaming industry by providing a decentralized ecosystem for gamers, developers, and content creators. By utilizing blockchain technology, Nibiru Chain offers transparency, security, and fair distribution of rewards to its users.  Let’s delve deeper into Nibiru Chain with this article Table of Contents

• What is Nibiru chain?
• Key Features of Nibiru Chain
• Nibiru Ecosystem: Featured dApps
• What Is the NIBI Token?
• Tokenomics of NIBI Token
• Nibiru Chain Roadmap
• The Future of Nibiru Chain
• Conclusion

What is Nibiru chain? Nibiru Chain is a proof-of-stake blockchain that aims to establish a universal Web3 hub, bringing together user-friendly features and the power of Cosmos SDK and Tendermint Core consensus. With its interoperability via Inter-Blockchain Communication (IBC), Nibiru Chain allows seamless communication with other blockchains, making it a promising player in the web3 ecosystem. Key Features of Nibiru Chain

1. Proof of Stake Blockchain: Nibiru Chain is a proof of stake blockchain that allows users to stake their tokens and participate in the consensus process.
2. Inter-Blockchain Communication (IBC): Nibiru Chain can communicate with other blockchains through IBC, enabling interoperability and data sharing between different networks.
3. Searchable Index of Blockchain Data: Nibiru Chain provides a searchable index of blockchain data, allowing Web3 projects to track user behavior, monitor network activity, and make data-driven decisions.
4. Robust Oracle Module: Nibiru Chain has a robust Oracle Module that securely brings real-world data onto the blockchain, enabling smart contracts to execute based on external inputs.
5. Improved Incentive Model: Nibiru Chain proposes an improved incentive model that ties rewards to the time-weighted Total Value Locked (TVL) in smart contracts, ensuring alignment with the ecosystem’s growth and reducing the potential for manipulation.
6. Fast Block Times and High Transaction Throughput: Nibiru Chain has fast block times of approximately 1.4 seconds and the capacity for high transaction throughput, potentially exceeding 40,000 transactions per second.

Nibiru Ecosystem: Featured dApps Looking to integrate decentralized finance (DeFi) solutions into your business? Look no further than Nibiru Chain. With its robust infrastructure and advanced technology, Nibiru Chain offers a range of applications for industries looking to streamline operations and harness the power of blockchain technology.

1. Decentralized Exchanges: Nibiru Chain offers Nibi-Perps, a decentralized exchange (DEX) for perpetual futures trading with reduced latency and market imbalance solutions.
2. Oracle Solutions: The Nibiru Oracle Module provides reliable and fast oracle solutions for indexing prices, ensuring accurate pricing, and aligning incentives among validators and oracle nodes.
3. Automated Market Maker (AMM): Nibiru Chain features Nibi-Swap, an AMM protocol for spot trading, allowing users to access swaps for multichain assets and utilize liquidity pools.
4. Stablecoin and Yield Generation: Nibiru Chain’s native stablecoin, NUSD, serves as a capital-efficient medium for swaps and offers advanced tools for consistent yield generation and cross-exchange arbitrage.

What Is the NIBI Token? NIBI Token is the utility token for the Nibiru blockchain, a user-friendly smart contract ecosystem with unparalleled security and superior throughput. Nibiru aims to usher in the next era of money by leveraging features such as staking and real-world assets coded estate. Total Token Supply: 1,500,000,000 NIBI Tokenomics of NIBI Token Nibiru will have a fully diluted token supply of 1.5B tokens Split (%)GroupDescriptionSchedule60CommunityStakers, Development grants, hackathons, liquidity provision, partnerships, and general community governanceNon-linear schedule based on a normalized exponential function.15.3Core Contributors / TeamCore team, strategic advisors, and future hires.Subject to employee token options. 0% TGE, vesting linearly.8.5Investors (Seed)Seed funding round in 2022 (opens new window)co-led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital.0% TGE. Cliff for 25% at month 9, followed by linear vest for the other 75% over 36 months.8.2Investors (Post-seed)For partners and private investors. Excess from this category would remain in strategic reserve.0% TGE. Mixture of 24-month and 36-month linear unlocks.8.0Public Sale (CoinList)Community Sale on CoinList.10% unlocked at launch. Linear vest for the other 90% over 12 months.Last Updated: Jan 28, 2024. Nibiru Chain Roadmap Discover the future of decentralized finance with the Nibiru Chain Roadmap. This roadmap outlines the development stages and key milestones for the Nibiru Chain project, a platform that aims to revolutionize the way we interact with digital assets and blockchain technology. Join us on this journey towards a more secure and transparent financial ecosystem.  The Future of Nibiru Chain Nibiru Chain presents a future of superior throughput and unparalleled security as a breakthrough Layer 1 blockchain and smart contract ecosystem. Developers have begun building on Nibiru across sectors, taking advantage of its developer-friendly and user-friendly smart contracts, decentralized oracles, and instant finality. With low gas fees, web3 adoption, and the potential for airdrops, Nibiru Chain is poised to become a leading platform for staking and utility token holders. Nibiru Chain acts as a permission-less smart contract platform, offering a utility token for the blockchain that provides benefits such as smart contract royalties and an oracle module for secure data feeds. The blockchain’s finality, paired with its developer-friendly environment, makes it an attractive option for those looking to build innovative solutions within the Nibiru ecosystem. Conclusion Nibiru chain is a breakthrough l1 blockchain and smart contract platform in web3 that allows developers to build on-chain cryptocurrency projects. Nibiru acts as a permission-less platform for developers, with features like automated market maker protocol, perpetual futures exchange, and staking.  The Nibiru team recently launched a development fund, securing millions in funding to support dozens of development projects across its ecosystem. We will update information from the Nibiru ecosystem in the next articles.

Story Protocol, a blockchain platform dedicated to intellectual property protection, has just raised $80 million in a Series B funding round, bringing its total funding to $140 million. What makes this project so attractive to investors? Coinbold will dive deeper to uncover the answers. Table of Contents

• What is Story Protocol?
• Story Protocol Architecture
  • Story Network
  • Proof-of-Creativity
  • Programmable IP License
• Story Protocol Team
• Investor
• Conclusion

What is Story Protocol? Story Protocol is a groundbreaking new platform designed for intellectual property. It promises to revolutionize the way we manage and monetize our creations. By bringing intellectual property onto the blockchain, Story Protocol creates a transparent, automated system that makes it easy for creators to license, track revenue, and protect their ownership rights. What sets Story Protocol apart is its ability to handle complex data structures quickly and efficiently. Additionally, its compatibility with EVM opens the door to a vast community of developers. As a result, Story Protocol is not only an IP management tool but also a platform for creators to connect, collaborate, and build a new creative content ecosystem. Story Protocol Architecture Story Network Story Network, a layer-1 blockchain built on Cosmos SDK, offers full EVM compatibility. Its “mature ComeBFT stack” consensus mechanism ensures rapid finality at low cost. Pre-compiled prototypes allow for efficient handling of complex IP data, earning it the title of “The World’s IP Blockchain”. Proof-of-Creativity Proof-of-Creativity enables users to create IP Assets (IPAs) on Story Network. An IPA is an on-chain metadata representation consisting of an NFT representing the intellectual property and an associated account. Modules are standalone smart contracts that facilitate interactions with IPAs. Core modules include:

• Licensing Module: Manages and issues licenses for intellectual property.
• Royalty Module: Processes royalties.
• Dispute Module: Resolves disputes related to intellectual property.

Programmable IP License Programmable IP Licenses (PILs) are off-chain legal contracts that allow owners to set terms of use for their intellectual property. Users can purchase PILs to utilize the asset in the real world. Story Protocol Team Leading the Story Protocol project is a team of visionaries and industry veterans.

• Seung Yoon Lee, Co-founder and CEO, is a prominent figure in the Asian startup scene. Prior to co-founding Story Protocol, he achieved remarkable success with Radish Fiction, a storytelling app acquired by Kakao for a staggering $440 million. He also serves as a Global Council Member at Asia Society and a Venture Partner at Hashed, one of the leading cryptocurrency investment funds.
• Jason Levy, Co-founder, brings valuable experience from renowned tech companies such as Worlds Between Worlds and Pocket Game.
• Jason Zhao, Head of Protocol and Co-founder of Story Protocol. Jason was previously a Product Manager at DeepMind focused on productionizing Google’s cutting-edge artificial intelligence models across industrial and enterprise applications. He is an active angel investor in frontier technology startups. Jason served as the founding Editor in Chief of Stanford Rewired, a magazine focused on the intersection of storytelling and technology. As a Design Fellow at IDEO, Jason created and taught a course at Stanford’s d.school. Jason received both a Bachelor’s in Philosophy and Master’s in Computer Science at Stanford University.
  

Investor Story Protocol, a promising blockchain project, has announced a successful Series A funding round of $140 million. The round was led by renowned venture capital firm a16z, with participation from other industry heavyweights including Polychain Capital, Hashed Fund, SamsungNext, and Alliance DAO. Notably, the round also attracted interest from prominent angel investors such as Scott Trowbridge, Balaji Srinivasan, and Charlie Songhurst. 1/ Announcing $140M in total fundraising to build Story, the World’s IP Blockchain. pic.twitter.com/9M3tqqYcvO— Story (꧁IP꧂) (@StoryProtocol) August 21, 2024 Conclusion The foregoing overview of the Story Protocol project aims to provide readers with a foundational understanding of this initiative, enabling them to make informed investment decisions. As the project remains in its early stages, there is still much to unfold. Coinbold encourages potential investors to conduct thorough due diligence. We will continue to monitor the project closely and provide our readers with the latest updates.

Nubit is bridging the gap between the traditional internet (Web2) and the decentralized web (Web3) by providing a comprehensive ecosystem that simplifies the transition and unlocks the full potential of decentralized applications. In essence, Nubit is paving the way for a more open digital future. Below is a concise overview of Nubit, summarized by Coinbold for your understanding. Table of Contents

• What is Nubit?
• Nubit Architecture
• Nubit Team
• Investor
• Conclusion

What is Nubit? Nubit is a revolutionary data availability layer designed to enhance Bitcoin’s scalability and efficiency. By leveraging Bitcoin’s security, Nubit enables a wider range of applications, including Ordinals, Layer 2s, and price oracles. This expansion of the Bitcoin ecosystem empowers developers to create innovative solutions and unlock new possibilities. It is designed to address key challenges in the Web3 space:

• High cost of development – Existing blockchain infrastructure often imposes high costs on projects, such as staking requirements and expensive gas fees. This creates a “rent-seeking” environment that’s particularly tough on startups, raising the barrier to entry.
• Security – Security requirements in Web3 are far more stringent than in Web2, as every interaction involves handling digital assets and financial transactions. This forces projects to invest significant resources not only in adapting to the new technology but also in maintaining the security of their systems.
• Technical complexity – The technical complexity of blockchain development, coupled with the lack of compatibility between Web2 and Web3 technologies, makes it difficult for teams to successfully migrate and scale their applications.

Nubit’s approach is to create a set of tools that make it easier for developers to build and deploy decentralized applications, while also providing a secure and scalable infrastructure that can handle the demands of Web3. Nubit Architecture Nubit is poised to revolutionize the Bitcoin ecosystem by offering a scalable, cost-efficient, and Bitcoin-secured data availability layer. This groundbreaking platform is designed to accommodate the burgeoning demand for data storage and processing within the Bitcoin network, particularly as applications like Ordinals, Layer 2s, and price oracles continue to gain traction. At the core of Nubit’s architecture lies a robust consensus mechanism, NubitBFT. This algorithm is specifically engineered to support a massive validator set of up to 200,000 nodes, ensuring the network’s decentralization and resilience. By leveraging SNARK-based signature aggregation, NubitBFT significantly reduces communication overhead, enabling efficient consensus decision-making even with a large number of participants. To guarantee data integrity and availability, Nubit employs Data Availability Sampling (DAS). Full storage nodes are responsible for storing all block data, while light clients can randomly verify the availability of this data by requesting samples from different nodes. This mechanism effectively mitigates the risks of malicious activities, such as data withholding or tampering. Nubit’s most compelling feature is its deep integration with Bitcoin. By utilizing Bitcoin’s native staking and anchoring methods, Nubit fully inherits Bitcoin’s renowned security, including economic security, tamper resistance, and censorship resistance. Bitcoin anchoring records block hashes and staking set votes on the Bitcoin blockchain, providing an additional layer of security and enabling fast asset unbonding. In essence, Nubit offers a comprehensive solution to the growing data storage challenges within the Bitcoin ecosystem. By providing a scalable, secure, and Bitcoin-anchored data availability layer, Nubit empowers developers to build innovative applications and unlock the full potential of the Bitcoin network. Refer: https://docs.nubit.org/overview/architecture Nubit Team Yu Feng, a computer science professor at UCSB, is the founder of Nubit. His research over a decade has led to the development of Nubit’s innovative approach to blockchain scalability. Yu Feng’s work on Nubit has significant implications for the future of blockchain technology, as it addresses the scalability challenges that have hindered its widespread adoption. Prof. Yu Feng, Founder & CEO Nubit * The University of California Santa Barbara’s Computer Science Department Investor Nubit has successfully closed an $8 million seed funding round, led by Polychain Capital, with participation from several other notable investors including Nomad Capital, Spartan Group, L2IV, Big Brain Holdings, GCR, Protagonist, Gate Ventures, Animoca, and Mask Network. This latest round brings Nubit’s total funding to $12 million. The primary goal of this funding is to advance Nubit’s mission to develop the most secure and scalable data availability (DA) layer for multi-chain ecosystems. This DA layer aims to support limitless applications in areas such as AI, SocialFi, and GameFi. 1/ Nubit has raised $12M, led by @polychain, to revolutionize blockchain scalability and multi-chain ecosystems. pic.twitter.com/o0UOpqof1D— Nubit (@nubit_org) June 5, 2024 Conclusion Nubit’s goal is to make it easier for developers to build and deploy decentralized applications, and to create a more user-friendly and accessible Web3 experience for everyone. The hope is that Nubit can be a key driver of the next generation of decentralized applications.

In the relentless pursuit of blockchain scalability, MegaLabs has unveiled MegaETH, a promising Layer 2 solution built on Ethereum. Addressing Ethereum’s inherent limitations of slow transaction speeds and high gas fees, MegaETH is poised to revolutionize the DeFi landscape, capturing the attention of both investors and developers. Let’s dive into MegaETH with Coinbold in this quick read. Table of Contents

• What is MegaETH?
• MegaETH Systems Architecture
• MegaETH Team
• MegaETH Investors and Backers
• Conclusion

What is MegaETH? MegaETH, the brainchild of MegaLabs, is creating a buzz in the blockchain community with its audacious goal of achieving 100,000 transactions per second. Built as a Layer 2 scaling solution for Ethereum, MegaETH promises to address Ethereum’s scalability challenges while maintaining full compatibility with the existing Ethereum ecosystem. This paves the way for a future where decentralized applications (dApps) can operate more seamlessly than ever before, catering to millions of concurrent users. MegaETH Systems Architecture MegaETH is a cutting-edge Ethereum scaling solution that leverages a novel layer-2 architecture to dramatically increase transaction throughput and reduce fees. Its modular design, optimized consensus mechanism, and robust security features make it a promising candidate for powering the next generation of decentralized applications. Key Architectural Components:

• Optimistic Rollups: MegaETH employs optimistic rollups to batch and process transactions off-chain, reducing the load on the Ethereum mainnet and significantly lowering transaction costs.
• Modular Design: The system’s modular architecture enables easier maintenance, upgrades, and the integration of new features.
• Custom Consensus Mechanism: MegaETH’s tailored consensus mechanism is designed for high-throughput, low-latency transactions while maintaining security and decentralization.
• Validator Network: A network of incentivized validators ensures the system’s integrity through staking and rewards.
• State Management: Advanced state management techniques optimize transaction processing and storage efficiency.
• Interoperability: MegaETH is designed to seamlessly interact with the Ethereum mainnet and other compatible blockchains.
• Security and Resilience: Robust security measures, including cryptographic techniques and decentralized governance, protect the system from attacks and failures.
• Scalability: The modular architecture allows for significant scalability, handling thousands of transactions per second while maintaining low fees.
• Developer-Friendly: MegaETH provides a developer-friendly environment with well-documented tools and APIs.

MegaETH’s innovative architecture addresses the scalability challenges faced by the Ethereum network, paving the way for a new era of high-performance, low-cost, and user-friendly decentralized applications. MegaETH Team The MegaETH development team is comprised of a cohort of blockchain ‘wizards’, each with deep expertise in core blockchain technologies. They are leading experts in network optimization, from designing efficient nodes and building real-time EVMs to fine-tuning complex algorithms such as in-memory computation and smart contract compilation. The research team has a particular focus on optimizing the state trie and state synchronization protocols, critical components for ensuring network stability and efficiency.

• Yilong Li, Co-founder & CEO
• Lei Yang, Co-founder & CTO
• Shuyao Kong, Co-founder & CBO
• Namik Muduroglu, Founding Team & Head of Growth

Beyond its talented founding team, MegaETH has garnered enthusiastic support from a network of top-tier investors and industry experts. Notable backers include Gaby Goldberg (TCG), Amir Almaimani (Hypersphere), DC Builder (WorldCoin), Scott Moore (GitCoin), Sanat Kapur (Dragonfly Capital), Hootie Rashidifard (Hash3), 0xmon (SudoSwap), and James Parillo (Figment Capital). The involvement of these influential individuals and organizations not only provides valuable funding but also solidifies MegaETH’s position within the blockchain community and attracts interest from a broader investor base. MegaETH Investors and Backers MegaETH, a promising Layer 2 project, has set the crypto community abuzz with the completion of its $20 million seed funding round. Notably, the round was led by renowned investment firm Dragonfly Capital, with participation from industry heavyweights including Ethereum co-founder Vitalik Buterin and ConsenSys CEO Joseph Lubin. The enthusiastic backing from top-tier investors has propelled MegaETH’s valuation to over $100 million, solidifying its position in the blockchain development race. In particular, the involvement of Vitalik Buterin, one of the most influential figures in the crypto space, is seen as a significant milestone, instilling strong confidence in the community about MegaETH’s future. Proud to announce MegaETH's $20M Seed Round

MegaETH is the first Real-Time Blockchain, streaming transactions at 100,000 TPS with millisecond latency

Our mission is to turn cutting-edge ideas into everyday reality with fully onchain, interactive & sophisticated apps

Story… pic.twitter.com/aaWaNSqxNx— brother bing / mega-bing / 饼兄 (@hotpot_dao) June 27, 2024 Conclusion Through this article, Coinbold aims to provide readers with a comprehensive overview of MegaETH’s potential and ambitious goals. With a focus on scalability and Ethereum compatibility, MegaETH promises to play a significant role in the future development of the DeFi ecosystem.

Ethervista is a unique platform that enables users to launch their own memecoins directly on the Ethereum network. This innovation presents new opportunities for crypto enthusiasts, especially as the memecoin trend continues to gain momentum. So, what sets this project apart? Join Coinbold as we delve deeper into the details in the following article. Table of Contents

• What is Ethervista?
• Ethervista Highlights
  • Fair Launch Model
  • Deflationary Economic Model
  • Transaction Fees in ETH
  • Advanced DeFi Features
  • Unique Market Entry Strategy
• Conclusion

What is Ethervista? Ethervista is a standout decentralized exchange (DEX) that allows users to create and launch memecoins on the Ethereum network. What sets Ethervista apart is its innovative approach to liquidity management and token launches. A key feature of the platform is the requirement for token creators to lock liquidity for five days, a measure designed to prevent rug pulls – a common issue often seen within the first four days after a token launch on platforms like Pump.fun. Ethervista aims to promote the long-term success of projects by offering a rewards mechanism for token creators, with rewards based on liquidity and transaction fees on the platform, increasing as trading volume grows. This model benefits both users and token creators, making long-term commitments more rewarding than short-term sell-offs or liquidity withdrawals. Ethervista Highlights Fair Launch Model Ethervista employs a fair launch model where 100% of tokens are allocated to liquidity providers (LPs) and locked for five days. This mechanism is designed to minimize the risk of rug pulls, a common issue in many DeFi projects. The transparency and commitment of this approach have garnered significant attention, pushing Ethervista to reach a market capitalization of over $18 million shortly after its launch. Deflationary Economic Model VISTA, the native token of Ethervista, is deflationary, with a maximum supply capped at 1 million tokens. The protocol continually burns tokens to reduce the overall supply, thereby increasing the value of VISTA. This model is designed to prevent inflation, a common problem seen in other DeFi projects where an excessive token supply often leads to a sharp decline in value. Additionally, revenue generated in ETH further supports the token’s value, providing stability even during bearish market conditions. Token NameEthervistaTickerVISTABlockchainEthereumContract0xc9bca88b04581699fab5aa276ccaff7df957cbbfTotal Supply1.000.000Ethervista (VISTA) tokenomics Transaction Fees in ETH Ethervista charges transaction fees in ETH. These fees are distributed to liquidity providers and token creators, incentivizing long-term commitment to the platform and creating a sustainable balance within the ecosystem. Advanced DeFi Features Ethervista plans to expand its DeFi offerings to include liquidity pools like ETH-BTC-USDC, lending, futures contracts, and flash loans. These features will attract more retail traders and help Ethervista evolve into a comprehensive DeFi platform on Ethereum. Unique Market Entry Strategy Ethervista is strategically positioned to fill a gap in Ethereum’s DeFi ecosystem, particularly at a time when new and innovative projects are scarce. With its timely launch and unique approach, Ethervista stands poised to become a key player in the market, especially as Ethereum continues to dominate the smart contract space. Conclusion Ethervista is a highly promising decentralized exchange, offering a memecoin creation feature built on Ethereum. With its potential, Ethervista could become an integral part of Ethereum’s DeFi ecosystem. Through this article, Coinbold aims to provide you with the fundamental information needed for a broader understanding of the project. Please note that this article is for informational purposes only and does not constitute investment advice.

In the ever-evolving landscape of blockchain technology, cross-chain interoperability remains one of the most significant challenges. To address this issue, Interswap has emerged as a revolutionary decentralized exchange (DEX) that enables seamless swaps of native assets across various blockchains without the need for intermediaries, bridges, or wrapped tokens. Let’s delve deeper into Interswap with Coinbold! Table of Contents

• What is Interswap?
• Interswap’s System Architecture
• Interswap Team
• Backer
• Conclusion

What is Interswap? Interswap is a cross-chain swapping platform built on the LayerZero network, making it entirely agnostic to any specific blockchain. Users can swap native assets across different blockchains such as Ethereum, Polygon, Binance Smart Chain, and many others in a single transaction. This eliminates the complexity and risks associated with traditional methods like wrapped tokens or bridges. Interswap’s System Architecture Interswap operates on an innovative architecture with key features:

• Cross-Chain Capabilities: Interswap’s ability to swap assets across different blockchains is made possible by using LayerZero, making it decentralized and independent of any single chain.
• Unified Liquidity: Interswap employs a multi-chain AMM mechanism, combining liquidity pools from various blockchains into a unified liquidity pool. This allows users to access a larger pool of liquidity without fragmentation as seen in traditional DEXs.
• No Bridges or Wrapped Tokens: Unlike other solutions, Interswap doesn’t require bridges or wrapped tokens. Users can swap native assets directly without locking tokens or assuming counterparty risk.
• Compatibility and Integration: Interswap is designed as a building block for other DeFi protocols. Lending, aggregation, and multi-chain wallets can easily integrate Interswap’s cross-chain swapping functionality into their applications.
• Lower Fees and Faster Transactions: Interswap aims to provide a more efficient cross-chain swapping experience with lower fees and faster transaction times compared to existing solutions.

Interswap Team The Interswap development team comprises leading experts in blockchain and decentralized finance (DeFi). They possess extensive experience in decentralized networks and building cross-chain infrastructure. Let’s delve deeper into the talented individuals behind Interswap’s success.

• Konstantin Ramazanov serves as CEO, steering the overall strategy and direction of Interswap. With extensive industry experience and a forward-thinking vision, Konstantin has positioned Interswap as one of the most notable DeFi projects today.
• Vivek Kumar, as CBO, is responsible for building and cultivating strategic partnerships. His experience in fundraising and advising startups has enabled Interswap to attract top-tier investors.
• Dmitry Smirnov is the technical mastermind behind Interswap, ensuring the platform operates smoothly and securely. As CTO, Dmitry oversees the entire development and deployment of new features.
• Denis Bogdanov guarantees that every transaction on Interswap is absolutely secure. With extensive experience in auditing smart contracts, Denis has built a robust security system for the platform.
• AW Barboza is the community builder of Interswap. With his ability to connect and inspire, Barboza has cultivated a loyal and vibrant user community around the project.
• Andrew Eudonov and Mukhsin Kadyrov are the dynamic duo behind Interswap’s intuitive and user-friendly interface, making it easy for users to interact with the platform.
• Roman Arkhip is one of Interswap’s most talented Solidity engineers, responsible for developing complex and efficient smart contracts.
• Gogi M is the creative mind behind Interswap’s visually appealing and impactful designs, contributing to a strong brand identity.
• Georgiy Bazmajiyan ensures that every feature of Interswap functions smoothly and is bug-free.

Furthermore, the project has garnered support from a range of prominent investors and strategic partners in the cryptocurrency industry, instilling confidence and long-term vision in Interswap. Backer Interswap has secured backing from a diverse range of reputable organizations and individuals within the blockchain community. This support extends beyond financial investment to include invaluable resources such as expertise, networks, and strategic guidance. Key Partners of Interswap:

• Axelar Foundation: Through its partnership with Axelar, Interswap has been rapidly developing cross-chain swap functionalities, enabling users to seamlessly transfer assets between various blockchains.
• Blocmates: This investment firm not only provides capital but also acts as a strategic advisor, shaping Interswap’s vision and growth strategy.
• Insolvent Capital: With extensive experience in blockchain investments, Insolvent Capital has supported Interswap since its early stages, contributing to the project’s steady growth.
• Polygon DAO and Moonbeam Foundation: Thanks to grants from these foundations, Interswap has deeply integrated with Polygon and Moonbeam networks, opening up new opportunities for collaboration.

Industry Experts:

• Georgios Vlachos and Jason Ma (Axelar): With extensive experience in blockchain, particularly cross-chain interoperability, these experts have made significant contributions to Interswap’s development.
• Dan Edlebeck (Archway): Contributing expertise in system development, ensuring Interswap operates smoothly and efficiently.

The strong backing from reputable organizations and individuals is a testament to Interswap’s potential. With this support, Interswap is poised to become a leading DEX platform, meeting the growing demands of the blockchain community. Conclusion Through this article, Coinbold aims to provide readers with a comprehensive overview of Interswap’s potential. With its ability to swap native assets across multiple blockchains, Interswap is poised to play a significant role in the evolution of the DeFi ecosystem and the growing multi-chain trend.

As high gas fees on the Ethereum network continue to pose a significant challenge, Zyfi emerges as a revolutionary project in the decentralized finance (DeFi) space. Zyfi aims to address this issue by providing a flexible and ETH-agnostic solution for transaction fee payments. Let’s delve into Zyfi and how it works. Table of Contents

• What is Zyfi?
• Zyfi’s Structure and Functionality
  • Paymaster-as-a-Service
  • Account Abstraction
  • Gas-less Transactions
  • Meta-Transactions
  • Off-chain Logic and Signature Verification
  • Custom Paymaster Logic
• Zyfi team
• Investor
• Conclusion

What is Zyfi? Zyfi is a groundbreaking project that operates as a “Paymaster-as-a-Service” on zkSync, a layer-2 scaling solution for Ethereum. Zyfi enables users to pay transaction fees using any ERC-20 token they hold, eliminating the need to rely solely on Ethereum (ETH) for gas fees. This not only saves costs but also simplifies the management of diverse assets. Zyfi’s Structure and Functionality Paymaster-as-a-Service Zyfi offers a Paymaster-as-a-Service that allows users to settle transaction fees with ERC-20 tokens instead of ETH. This process is facilitated on the zkSync platform, streamlining fee payments and eliminating the risk associated with holding ETH in a wallet. Account Abstraction Zyfi leverages zkSync’s account abstraction capabilities to decouple fee payments from the transaction itself. This enables user accounts to be treated as smart contracts, providing greater flexibility and allowing for custom fee payment logic. Gas-less Transactions Utilizing account abstraction and the paymaster API, Zyfi enables gas-less transactions for users. When a user initiates a transaction, Zyfi’s paymaster assesses the user’s ERC-20 token balance and handles the conversion of these tokens into ETH to cover gas fees, automating the fee management process. Meta-Transactions Zyfi employs meta-transactions, where a transaction is signed by the user and sent by a third party (paymaster) who covers the gas fees. This setup allows users to interact with decentralized applications (DApps) without holding ETH, as the paymaster contract ensures that gas fees are settled. Off-chain Logic and Signature Verification Zyfi executes off-chain logic to verify transaction conditions and user signatures before submitting the transaction to the blockchain. This approach guarantees that only valid transactions meeting predefined conditions (e.g., sufficient ERC-20 balance, user eligibility) are processed, enhancing security and efficiency. Custom Paymaster Logic Zyfi empowers developers to customize paymaster logic to meet specific requirements, such as implementing address whitelisting or creating contract sponsorship programs for specific events or promotions. This flexibility allows DApps to tailor their gas fee management strategies based on their user base and business models. Zyfi team Gauthier: As CEO, Gauthier spearheads Zyfi’s overall vision and strategy. With his deep understanding of the blockchain landscape, he guides the company towards its ambitious goals. Giovanni: As CTO, Giovanni oversees the technical development of Zyfi’s products and platforms. His expertise in blockchain technology ensures that our solutions are cutting-edge and secure. Roman: Our full-stack engineer, Roman, is instrumental in building and maintaining our robust technological infrastructure. His versatility allows him to seamlessly integrate various components of our platform. Sasha and Antoine, our product strategists and business development experts, are dedicated to bringing Zyfi’s innovative solutions to market. Their combined skills in product management and business development drive growth and adoption. Investor The investor list of Zyfi is not only impressive in terms of quantity but also reflects a careful selection process. The decision of renowned funds like AngelDAO, Caballeros Capital, and White Loop Capital,… along with influential individuals like Julien Bouteloup, to invest in Zyfi shows that the project has passed a rigorous screening process. Their participation is not only based on Zyfi’s growth potential but also because the project meets the strict investment criteria of these funds, especially in terms of the viability of the business model, the development team, and the potential for real-world applications. Conclusion In summary, Zyfi is a pioneering project revolutionizing the DeFi landscape by providing a seamless, efficient, and user-friendly solution for transaction fee payments through its Paymaster-as-a-Service model, harnessing the power of zkSync’s account abstraction technology. With its advanced features and high degree of customization, Zyfi is poised to play a pivotal role in enhancing user experience and reducing transaction costs on the Ethereum network.

Want to build an AI application without being controlled by anyone? Want to own your AI creations? Let’s explore it in the following article by Coinbold. Table of Contents

• What is Sahara AI?
• Vision and mission
• Architecture
  • Application Layer
  • Transaction Layer
  • Data Layer
  • Execution Layer
• Team
• Investors and Backers
• Conclusion

Sahara AI is revolutionizing the AI industry by putting the power back in the hands of the people. It creates an open space where anyone can develop and share AI applications. With Sahara AI, the future of AI is no longer controlled by a few big corporations. Let’s explore how Sahara AI is reshaping the AI industry and creating a fairer AI future. What is Sahara AI? Sahara AI is a decentralized blockchain designed to foster an open, equitable, and collaborative AI economy. The platform aims to address the inherent limitations of centralized AI platforms, including lack of transparency, centralized control, and unequal access. Sahara AI offers a transparent, secure, and inclusive AI ecosystem, empowering individuals to collectively own and shape the future of artificial intelligence. Vision and mission How can we create a fair, transparent, and decentralized AI economy? Sahara AI offers an innovative solution by leveraging blockchain technology. Let’s delve into the key aspects of Sahara AI’s vision and mission. Empowering AI with Blockchain

• Proof of Ownership: Sahara AI utilizes blockchain to establish clear ownership rights for AI assets, including models, data, and agents. This fosters transparency and prevents ownership disputes, boosting trust and collaboration.
• Transparent Reward Distribution: Blockchain enables accurate tracking and recording of contributions made by individuals in developing and utilizing AI assets. This ensures fair and transparent distribution of rewards, encouraging active participation from all stakeholders.
• Security and Transparency: Blockchain creates a transparent system where all transactions and data are securely recorded and traceable. This enhances security and minimizes fraud, building trust among users.

AI-Specific Blockchain Features

• Federated Learning Protocols: Sahara AI is developing blockchain protocols to support federated learning, enabling collaborative training of AI models. This unlocks the potential for more powerful and efficiently trained AI models.
• Homomorphic Encryption and Secret Sharing: Sahara AI incorporates data privacy features like homomorphic encryption and secret sharing to protect AI data and assets while enabling computation and data sharing.
• Decentralized AI Assets: Sahara AI allows users to create and own decentralized AI assets, giving them full control and management of their assets.

Challenges and Opportunities Scaling blockchain to handle the massive data and transaction volumes generated by AI applications remains a challenge. Building a strong community of developers, users, and investors is essential for the success of Sahara AI. Optimizing consensus mechanisms to ensure fast and efficient transaction processing is another critical area. Sahara AI is a promising initiative that leverages blockchain technology to address fundamental challenges in the AI industry, particularly ownership and reward distribution. The platform has the potential to usher in a new era of AI where ownership, transparency, and collaboration are core principles. However, overcoming challenges such as scalability, community building, and consensus mechanism optimization is crucial for its success. Architecture Sahara AI is built on a layered architecture, combining both on-chain and off-chain components to support AI activities comprehensively and efficiently. This architecture can be divided into four main layers: Application Layer

• The primary user interface of the platform, where developers and users interact with the features and services of Sahara AI.
• Provides integrated applications to facilitate the creation and management of AI assets.
• Includes development and deployment tools that cater to varying skill levels.
• Key components include Sahara Agent, Sahara Vaults, and Sahara Toolkits.

Transaction Layer

• A decentralized blockchain platform that uses the Tendermint consensus mechanism to ensure safety and security.
• Manages ownership, provenance, and transactions related to AI assets.
• Utilizes specialized blockchain protocols designed for AI, including AI asset management protocols and secret-sharing protocols.

Data Layer

• Manages the storage and retrieval of data for AI operations, encompassing both on-chain and off-chain data.
• Integrates decentralized data storage solutions like IPFS for critical data and traditional cloud storage for handling large data volumes.
• Implements advanced data security mechanisms to ensure privacy and data protection.

Execution Layer

• Executes AI protocols and functions, handling tasks related to AI computation, model training, and asset management.
• Employs specific protocols for AI, including collaborative model training, homomorphic encryption, and secret-sharing protocols.
• Manages computational resources efficiently, optimizing performance and cost.
• Incorporates components such as Vaults, AI Agents, and execution protocols.

Advantages of the Layered Architecture

• Enhanced scalability: The layered architecture allows the platform to scale easily to meet the growing demands of the AI industry.
• Transparency and security: Each layer is designed to ensure transparency and security, safeguarding data and AI assets.
• Efficiency and flexibility: The layered structure enables the platform to operate efficiently and flexibly, supporting a wide range of applications and use cases.

Sahara AI’s layered architecture is a smart and effective design, enabling the platform to comprehensively and efficiently support AI activities while addressing challenges related to security, ownership, and profit distribution. However, successfully implementing this architecture will require significant efforts from Sahara AI, including building specialized blockchain protocols for AI, attracting developers and users, and proving the platform’s effectiveness in real-world applications. * Download the Sahara AI project’s litepaper here for more information. Team The Sahara AI team is a powerhouse of experts from both the AI and Web3 industries, bringing years of experience from top tech companies and prestigious research institutions. Leading the charge are the co-founders:

• Sean Ren, the CEO, is a seasoned AI expert with over a decade of experience. Ren’s research and innovation in AI have earned him accolades such as Samsung AI Researcher of 2023, MIT Tech Review 35 Under 35, and Forbes 30 Under 30.
• Tyler Zhou, the COO, brings invaluable blockchain and growth expertise from his previous role as an investment director at Binance Labs.

The rest of the Sahara AI team boasts a wealth of experience from institutions like Stanford, USC, UC Berkeley, AI2, Toloka, Stability AI, Microsoft, Binance, Google, Chainlink, LinkedIn, Avalanche, and more. Sahara AI is also fortunate to have the support and guidance of renowned experts in the AI and enterprise fields, including:

• Laksh Vaaman Sehgal (Vice Chairman, Motherson Group)
• Rohan Taori (Research Scientist, Anthropic)
• Teknium (Co-founder, Nous Research)
• Vipul Prakash (CEO, Together AI)
• Elvis Zhang (Founding Member, Midjourney)

This diverse and experienced team is poised to revolutionize the centralized AI landscape and create a collaborative AI economy that benefits all. Investors and Backers Sahara AI has recently closed a $43 million Series A funding round. The investment was co-led by prominent venture capital firms Binance Labs, Pantera Capital, and Polychain Capital, with participation from several other notable investors. Key Investors and Supporters:

• Binance Labs: The venture arm of leading cryptocurrency exchange Binance, Binance Labs invested in Sahara AI to support its mission of democratizing AI.
• Pantera Capital: A pioneer in blockchain and cryptocurrency investing, Pantera Capital backed Sahara AI’s vision of building a collaborative AI economy.
• Polychain Capital: Another renowned venture capital firm focused on blockchain and cryptocurrency, Polychain Capital co-led the Series A round, recognizing Sahara AI’s potential to disrupt the centralized AI landscape.
• Samsung: Electronics giant Samsung also joined the funding round, demonstrating its interest in Sahara AI’s decentralized AI platform and its potential applications.
• Other Investors: The round also attracted investment from other prominent venture capital firms, including Sequoia Capital, Matrix Partners, Mirana Ventures, Foresight Ventures, Alumni Ventures, and Canonical Crypto, among others.

This significant investment is a strong endorsement of Sahara AI’s mission to create a more open, fair, and accessible AI ecosystem. By leveraging blockchain technology, Sahara AI aims to empower individuals and organizations to participate in and benefit from AI development and deployment, while ensuring data sovereignty, transparency, and fair compensation for all contributors. With this substantial funding, Sahara AI is well-positioned to accelerate its development and expand its reach. The company plans to invest in research and development, expand its team, and build a robust ecosystem of developers and users. Conclusion Sahara AI represents a bold vision for the future of AI, one that has the potential to disrupt the industry and reshape how we interact with technology. By empowering individuals and organizations to own and control their AI assets, Sahara AI is paving the way for a more equitable and decentralized AI ecosystem. What sets Sahara AI apart is its unique combination of blockchain technology, AI capabilities, and a strong focus on community. With a robust backing from prominent investors and a passionate team, Sahara AI is well-positioned to become a major player in the AI space. While it’s still early days for Sahara AI, its potential is undeniable. As the project continues to develop, it will be fascinating to see how it addresses the challenges facing the AI industry and shapes the future of artificial intelligence. Sahara AI is a promising project that promises to revolutionize the AI ​​industry. However, this is just a Coinbold reference article and is not investment advice. Investment decisions always come with risks, so you should do your own research before making any decisions.