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Reliable & Trustworthy LLMs: RagaAI Open-Sources the most comprehensive Platform for Evaluation & Guardrails

RagaAI

Today, RagaAI, the leading AI testing company, is significantly expanding its testing platform by launching “ RagaAI LLM Hub “, its open source and enterprise-ready LLMs evaluation and guardrails platform. With over 100 meticulously designed metrics, it is the most comprehensive platform that allows developers and organizations to evaluate and compare LLMs effectively and establish essential guardrails for LLMs and Retrieval Augmented Generation(RAG) applications. These tests assess various aspects including Relevance & Understanding, Content Quality, Hallucination, Safety & Bias, Context Relevance, Guardrails, Vulnerability scanning, along with a suite of Metric-Based Tests for quantitative analysis. The RagaAI LLM Hub is uniquely designed to help teams identify issues and fix them throughout the LLM lifecycle, be it a proof-of-concept or an application in production. From understanding the quality of datasets to prompt templating and the choice of LLM architecture or vectorDBs, RagaAI LLM Hub identifies issues across the entire RAG pipeline. This is pivotal for understanding the root cause of failures within an LLM application and addressing them at their source, revolutionizing the approach to ensuring reliability and trustworthiness. "At RagaAI, our mission is to empower developers and enterprises with the tools they need to build robust and responsible LLMs," said Gaurav Agarwal, Founder and CEO of RagaAI. "With our comprehensive open-source evaluation suite, we believe in democratizing AI innovation. Together with the enterprise ready version, we've created a comprehensive solution to enable organizations to navigate the complexities of LLMs deployment with confidence. This is a game-changing solution that provides unparalleled insights into the reliability and trustworthiness of LLMs and RAG applications." The RagaAI LLMs Hub is already utilized across industries like E-commerce, Finance, Marketing, Legal, and Healthcare, and the platform supports developers and enterprises in various LLM applications including chatbots, content creation, text summarization, and source code generation. For instance, one customer came to RagaAI after encountering hallucinations and incorrect outputs whilst developing a customer service chatbot. Leveraging RagaAI LLM Hub's comprehensive metrics, they pinpointed and quantified the hallucination issue in the RAG pipeline. Additionally, the platform adeptly identifies nuanced customer issues and recommends specific areas within the pipeline for resolution. The RagaAI LLM Hub helps in setting guardrails, ensuring data privacy and legal compliance, including transparency regulations and anti-discrimination laws. It plays a vital role in promoting ethical & Responsible AI practices, such as in sensitive sectors like finance, healthcare, and law. Additionally, it helps mitigate reputational risks by adhering to societal norms and values. You can learn more by visiting RagaAI’s enterprise-ready Testing Platform: raga.ai/llms Today’s launch comes following RagaAI's successful funding round in January 2024, underscoring the company's momentum and commitment to advancing LLMs quality assurance. About RagaAI RagaAI is the #1 AI Testing platform dedicated to advancing AI quality assurance. Founded on the belief that AI systems should be robust, responsible, and ready for the future, RagaAI develops cutting-edge solutions to detect, diagnose, and resolve AI issues seamlessly. With a commitment to innovation and excellence, RagaAI is redefining the standards of LLM evaluation worldwide.To learn more, please visit: https://raga.ai/ Contact Details RagaAI Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://raga.ai/

March 07, 2024 12:59 PM Eastern Standard Time

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Comcast Boosts Speeds for More Than 12 Million Xfinity Internet Customers

Comcast California

Today, millions of Xfinity Internet customers who subscribe to value-focused products – Connect, Connect More, Fast and Prepaid – are waking up to faster speeds at no additional cost. As the need for data increases in ever-connected households, Xfinity is ensuring customers can stream, surf, and share on a network and service they can rely on today and in the future. “For more than 20 years, we have shown our appreciation to our customers with annual speed increases,” said Emily Waldorf, Senior Vice President, Consumer Internet Services, Comcast. “Streaming live sports, gaming, and other data-rich applications are driving Internet consumption to new heights, and with the potential that funding for the Affordable Connectivity Program will not be renewed, this year we have really leaned into boosting speeds for our value portfolio so all our customers can take advantage of these new capabilities.” Starting today, new and existing customers can take advantage of the following speed increases: Connect: 75 Mbps to 150 Mbps Connect More: 200 Mbps to 300 Mbps Fast: 400 Mbps to 500 Mbps Xfinity Prepaid: 50 Mbps to 200 Mbps Value Beyond Fast Speeds The speed increases rolling out today are made possible by Comcast’s fiber-based network which has been built to deliver an exceptional Internet experience, ubiquitously, to the more than 60 million homes and businesses across the country. It is a culmination of years of research, technological breakthroughs, and massive investments, more than $20 billion since 2018 alone, in development and infrastructure. Fast speed is an important feature of a comprehensive connectivity experience that also combines this powerful network with sophisticated hardware and software to deliver incredible benefits to consumers: Reliability – Fast Internet speeds won’t matter if you don’t have a reliable broadband connection. Xfinity has greater than 99 percent reliability, and the Xfinity network utilizes artificial intelligence to keep customers connected by fixing issues before they even affect homes. Digital Security – xFi Advanced Security, included for free for customers who lease an Xfinity gateway, protects connected devices from malware and other threats at the gateway before they reach connected household devices. Since launching xFi Advanced Security, Xfinity has stopped more than 10 billion cyber security threats. Next-Level WiFi – Next-generation Xfinity gateways deliver advanced WiFi capacity to power hundreds of devices in homes and more than a billion devices each year across Comcast’s network. Later this year, Comcast will introduce its latest gateway, the XB10, the first to incorporate unified DOCSIS 4.0, WiFi 7, and AI technologies. The XB10 will be capable of delivering symmetrical multi-gig speeds over WiFi and connect up to 300 devices. WiFi Boost Pods work with Xfinity gateways to extend WiFi coverage to hard-to-reach areas of the home. The latest WiFi extender, Storm-Ready WiFi, is Xfinity’s most powerful device to date and helps maintain a strong connection even if the power goes out. Visit an Xfinity store or visit Xfinity.com to learn more about Storm-Ready WiFi. Keeping Customers Connected The federal government recently announced that the Affordable Connectivity Program could end as early as April if it does not receive additional funding. The speed increases rolling out today will help to ensure those who may be affected by the end of ACP will continue to have access to fast, affordable, reliable Internet options. Xfinity Promotional Offers – Xfinity is making its current promotional offers on other tiers of service available for new and existing ACP participants. Customers are encouraged to call 1-800-Xfinity to learn more about what offers may be available in their area. Teams are ready to work with customers to move them to a plan that best fits their budget and connectivity needs if they will no longer be able to afford their current tier of service without the $30 ACP benefit. Internet Essentials – Xfinity customers benefitting from ACP are automatically eligible to enroll in Internet Essentials for as low as $9.95 a month or Internet Essentials Plus, which doubles the speed of traditional Internet Essentials for $29.95 per month. Both services provide fast and reliable home Internet with no credit checks or cancellation fees and come with equipment included. To learn more about Xfinity’s Internet and connectivity solutions for customers, click here. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast California Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com Company Website https://california.comcast.com/

March 07, 2024 09:15 AM Pacific Standard Time

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Poloniex's TYT LaunchBase: 9 Times Oversubscribed, TYT Opens with a 197% Increase

Poloniex

Recently, the public sale of TYT on Poloniex LaunchBase concluded with a ninefold oversubscription. TYT was listed at 10:00 (UTC) on March 6, and recorded a maximum increase of 197% after the opening of trading. According to statistics, the TYT LaunchBase attracted 1,339 participants, who collectively subscribed to TYT tokens totaling 273,015 USDT. This offering issues 30,000 TYT tokens, priced at 1 USDT per TYT. This LaunchBase event adopts a subscription model, and all users are eligible to participate. Poloniex LaunchBase is a platform in the Poloniex ecosystem that helps projects bring their tokens to launch. To ensure a successful launch, the Poloniex team will offer tailored advisory services, covering the entire process from pre-launch preparations to post-listing support, as well as marketing assistance. This empowers projects to prioritize product development and growth, while Poloniex supports them with the token pre-launch sale, marketing exposure, and user base expansion. Launching via Poloniex LaunchBase offers a host of benefits, such as exposure to a vast global user base, robust liquidity in multiple trading pairs, broad token distribution, and potential synergies with projects within the Poloniex ecosystem. Bounty Temple is the project for this phase of Poloniex LaunchBase. It's been reported that Bounty Temple is the first P2E-Evolution GameFi project launched by Orasis Studio. The project aims to launch 100 P2EE games using the same governance token $TYT. Bounty Temple endeavors to address critical pain points of the GameFi industry by offering bear-proof stability solutions, thereby providing a novel experience and reshaping the gaming industry. Poloniex is committed to providing users with a safer and more efficient trading experience, thus contributing to the development and widespread acceptance of the crypto market. Moving forward, Poloniex LaunchBase will continue to unveil top-tier projects, offering users worldwide more investment opportunities. About Poloniex Poloniex is a pioneering crypto trading platform that has been at the forefront of the industry since its inception in 2014. With a commitment to trust and transparency, Poloniex has grown alongside its users, offering world-class trading and security. As one of the first exchanges to list Tether and Ethereum, as well as altcoins like Ethereum Classic and Zcash, Poloniex became the largest altcoin exchange by volume in 2017, supporting over 100 countries. Contact Details Poloniex Listing team listings@poloniex.com Company Website https://poloniex.com/

March 07, 2024 11:08 AM Eastern Standard Time

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HTX: A Look Back at 2023 and Preparing for a Bright 2024

HTX

The crypto market kicked off 2024 with an impressive start. The approval of spot Bitcoin ETFs drove the currency's price to repeatedly reach new highs; Crypto+AI emerged as the top crypto gainer; the Layer 2 sector is poised to surge as the Ethereum Dencun Upgrade nears...Combined with halving and rate cuts, the market is ushering in a new chapter. As a leading crypto exchange, HTX has witnessed and participated in the transformations unfolding in the crypto market. At the beginning of 2024, the exchange became one of the HTX DAO builders, dedicated to establishing a people-centered exchange. This initiative aims to break the traditional order of CEXs and pioneer a new era in the industry. In a review of 2023, HTX experienced similar instances of innovation and breakthroughs, marking significant milestones along the way. I. Platform Data 1. User Base HTX has accumulated over 46 million registered users, with 5 million new registrations in 2023 alone and nearly 54.3 billion dual-end accesses (app and website). 2. Trading Volume HTX's total annual trading volume approached $1.3 trillion, with spot trades contributing nearly 46.1%, approximately $600 billion. According to The Block, by the end of 2023, HTX's monthly spot trading volume increased by about 324.4% from the beginning of the year, showing a generally increasing trend month by month. 3. Deposit/Withdrawal HTX's P2P business has shown robust growth, with a trading volume of nearly $7.2 billion and 6.43 million orders in 2023. By the end of 2023, HTX's monthly P2P trading volume surged by 278% compared to the beginning of the year, demonstrating a consistent monthly growth trend. II. New Listings 1. New Assets * The data presented in the image reflects information as of December 25, 2023, and may vary slightly from the current data at the time of writing. In 2023, HTX added 123 cryptocurrencies and listed 134 spot trading pairs, covering popular sectors like new public chains, BRC20, Meme, Solana, and AI. This move not only led the crypto trend but also catered to the investment needs of different users. HTX's listing of many large market cap projects in terms of new public chains, including SUI, SEI, and TIA, attracted a significant influx of new users. Moreover, the participation of market makers substantially boosted the platform's trading volume. Related tokens experienced remarkable surges, with SUI and SEI skyrocketing by 206 times and 178 times, respectively, while TIA witnessed a sixfold growth after listing for trading, attributed to the concept of modularization. In terms of memecoins, HTX adopted a rapid and efficient strategy to enhance users' wealth. For example, by pioneering the listing of PEPE and BONK – resulting in PEPE soaring nearly 2,000 times – HTX gained recognition from numerous new traders. As Bitcoin inscriptions emerged as a focal point in the second half of 2023, HTX promptly ventured into the BRC-20 sector, listing SATS ahead of Binance and OKX. Notably, ORDI, one of HTX's first inscription listings, saw a 53-fold increase, contributing to a new high in user growth. Other popular sectors also witnessed impressive growth: WLD in the AI sector led with a 54-fold rise; HTX's exclusive debut token UNIBOT soared to $240 from $16, making a 15-fold gain. 2. PrimeVote In 2023, HTX launched nine rounds of PrimeVote, attracting over 500 projects to sign up. Among the 100-some enrolled projects, users voted for nine to be listed on HTX. Furthermore, the platform issued rewards totaling more than 2.3 million USDT to participants. The 10th round saw a record-breaking participation of over 10,000 users. Additionally, as the first CEX to pay attention to the BRC community, HTX spearheaded the inscription wave by listing ORDI through the 5th round of PrimeVote. Furthermore, projects like TOMI and CA demonstrated consistent performance, registering notable gains within a week after listing compared to the closing price on the first day. 3. PrimePool In 2023, HTX conducted 11 rounds of PrimePool, distributing rewards exceeding 2.2 million USDT to users. Notably, the November session, allowing users to lock their TRX for rewards, attracted over 10,000 participants. III. Derivatives ◆ Futures 1. Trading Volume (1) In 2023, HTX's futures trading volume reached $650 billion, with an increase of over 40% in Q4 compared to Q3. As of February 2024, HTX offers more than 140 pairs, experiencing a consistent monthly growth trend in both volume and asset size. (2) In 2023, HTX, by tracking market trends and topics in real-time, introduced 75 new assets. Impressively, 68 of them, or over 90%, exhibited an increase of 200%. 2. Product Optimization (1) Copy trading is a user-friendly strategy trading tool that allows users to effortlessly earn profits by automatically following professional traders. As of February 2024, HTX experienced a 500% surge in the number of high-quality lead traders compared to early 2023, and the number of followers also grew steadily each month throughout 2023. (2) In 2023, HTX completed more than 20 upgrades to its futures services, including real-time settlement of funding rates and uninterrupted settlement of USDT-M futures. ◆ HTX Earn In 2023, HTX Earn helped millions of users across over 200 countries earn interest income exceeding 10 million USDT. This section comprises three types of products: Simple Earn, Structured Products, and On-chain Earn. Additionally, it provides features such as Auto-Invest Your Balance and Regular Invest, catering to different market cycles and risk preferences. Users seeking stable returns can choose products from Simple Earn, including Flexible, Flexi Max, and Fixed, to achieve substantial returns with ease and lower risks. Currently, these products support over 50 cryptocurrencies. HTX Structured Products is an innovative financial instrument that includes assets linked to fixed income and derivatives to meet the higher return expectations of advanced users. This category encompasses two products: Dual Investment and Shark Fin. In sideways markets, Dual Investment enables users to earn attractive returns by buying low or selling high at the target price. In directional conditions, users can increase their yield by choosing the rise/fall of a token in Shark Fin. It's noteworthy that the innovative Shark Fin became a star product shortly after its launch in 2023. Each Shark Fin product's quota was quickly snapped up, exceeding expectations, with the GMV of the seven-day product surpassing 100 million soon after its launch. For those interested in on-chain ecosystems, On-chain Earn products offer viable options. These products include ETH 2.0, over 20 popular network nodes staking, and various on-chain staking options, meeting different needs of staking for interests. In 2024, HTX launched Liquid Restaking, providing users with the opportunity to share $50 million airdrop quota. IV. Product Upgrades 1. App Enhancement to Improve User Experience (1) Optimized registration and login scenarios: Numerous optimizations have been made for registration and login, the most frequently used scenarios. These include the integration of passkeys, the addition of third-party account registration, and the implementation of verification code login, enabling quicker and easier registration and login. Consequently, login efficiency improved by 14% compared to the beginning of the year. (2) Simplified homepage: Previous versions of the homepage were criticized for their excessive buttons and modules and redundant information. To address these issues, HTX reduced the bottom navigation tabs from six to five, streamlined the modules, and displayed customized modules. These optimizations significantly enhanced user experience and satisfaction, leading to a 27% rise in distribution efficiency compared to the previous version. 2. Content Upgrades to Support KOL Growth KOL exposure and recommendation strategies have been added across various content scenarios to bolster page traffic and foster community growth. Exclusive functionalities, such as external sharing and invitation, components for copy trading in live streams, and community copy trading cards, have been introduced to facilitate traffic growth and enhance user retention. 3. Product Upgrades to Satisfy Different Users ◆ Futures (1) By launching uninterrupted settlement of futures, HTX eliminates the risk of interruptions to ensure 24/7 trading for futures. (2) HTX upgraded its futures funding rate mechanism by using the original predicted funding rate as the settlement rate. This adjustment makes funding rates more sensitive to market changes and helps anchor perpetual futures prices to the spot market faster, comprehensively improving the mechanism for perpetual products. Additionally, this new mechanism aligns HTX's funding rates more closely with other mainstream exchanges, significantly reducing disparities for arbitrage traders. (3) In version 2.0 for copy trading, several important features, including isolated margin addition and reduction, limit orders, and trailing stop orders, were introduced to improve the experience for lead traders. To enhance convenience and flexibility for followers, HTX added features like customized copy trading pairs and risk limits. ◆ HTX Earn (1) HTX launched Auto-Invest Your Balance to enhance product usability and convenience. This feature, allowing users to automatically earn from their spot balances, has served over 100,000 users. (2) HTX pioneered Flexi Max, the industry's first large-amount flexible products, catering to high-net-worth users and expanding the range of Earn products for large, long-term investments. (3) For frequent traders, HTX introduced Regular Invest to enable automatic regular, fixed investments, facilitating more convenient asset growth. (4) Upgrades to the Earn homepage include a native design, simplified product categories, and optimized product recommendation strategies, reducing homepage loading time to 150 milliseconds and enhancing user experience. 4. Website Event Upgrades to Optimize Platform-wide Functionality To accommodate users who prefer website participation, the platform aligned event functionalities across its app and website, improving the overall product experience. Users can now access all HTX events through its website, including PrimeVote, PrimePool, trading contests, deposit contests, and Rewards Hub. V. Security and Compliance 1. Risk Management HTX's security team always prioritizes user asset security. It persistently strengthens the security system, in terms of information security, business risk control, and on-chain security, to enhance operation security. The team handled 85 on-chain cases, involving 19 public chains, and conducted systematic analysis and established security strategies for two types of on-chain security risks. Currently, HTX's security system operates effectively to protect user asset security. 2. License Application HTX has complied with regulations across different regions, providing users with a secure, transparent trading environment. It has obtained business qualifications or licenses in countries including Australia, Argentina, Chile, Paraguay, and Uruguay. Furthermore, to provide more global users with compliant virtual assets services, HTX has expanded its footprint to a broader scope: (1) Europe: To explore the European market, HTX will align with and apply to MiCA, as part of its efforts to expand its global operations in a compliant way. (2) Dubai's FMP License: HTX Dubai is applying for the Full Market Product (FMP) license from the Virtual Assets Regulatory Authority (VARA). This is the first independent, iconic, and valuable virtual asset license in the Middle East. HTX Dubai has obtained VARA's Approval in Principle (AIP) and is filing for the official licenses of Advisory and Broker-Dealer. Currently, the process is in the final stage where policy documents will be submitted and is expected to be completed in six months. With these licenses, HTX Dubai can provide consulting services for stablecoin, fiat currency, and virtual assets. (3) BVI's VASP-related licenses: The British Virgin Islands (BVI) introduced the Virtual Assets Service Providers (VASP) Act in early 2023. In the same year, HTX applied for relevant licenses, positioning itself as one of the first potential VASP-approved entities. Upon approval, HTX can broaden its services beyond futures to include wallet custody, fiat channels, and spot trading. Notably, HTX became a sandbox member of the BVI virtual asset derivatives trading platform in 2021 and obtained the world's first BVI virtual asset derivatives trading platform license in 2022, enabling it to provide compliant futures services. 3. Asset Security In 2023, HTX maintained a reserve ratio above 100%. This indicates that its wallet assets surpassed the assets held by users, demonstrating sufficient asset reserves. As of February 2024, HTX has completed 16 asset audits. The latest Merkle tree-based proof of reserves data is as follows: 101% for USDT (HTX wallet balance: 550,800,308), 100% for BTC (HTX wallet balance: 21,651), 102% for ETH (HTX wallet balance: 112,173), and 103% for TRX (HTX wallet balance: 9,684,177,652). The data for USDT and ETH includes stUSDT, USDT-T-Bills assets, BETH, and stETH. HTX will regularly conduct Proof of Reserves audits to assure users via website or app that their assets are safeguarded with abundant reserves. VI. Community Development 1. Growth (1) By mid-February 2024, the HTX Community has more than 10 million active members. Among them, nearly 2 million consume crypto news and share trading experiences through the community in the HTX App. (2) Nearly 100 communities have been established through various online social tools, drawing in over 1 million users, a 48% rise compared to early 2023. (3) Almost 300 trading discussion groups have been created within the HTX App, boasting nearly 1 million active traders, a 29% increase year-on-year. (4) HTX has an English official Twitter (X) account with over 1.55 million followers. When factoring in all official language accounts, the combined follower base exceeds 2.7 million. (5) HTX collaborated with over 200 renowned KOLs, including Justin Sun, reaching over 10 million followers. These collaborations facilitated brand promotion and engagement, with key campaigns garnering viewership of hundreds of millions. 2. Experience (1) The HTX Community provided full coverage of trending topics through various forms of content operations, with core trading KOLs achieving an 80% accuracy rate in market predictions. (2) Officials accounts on Twitter (X) and Telegram delivered about 10 posts of important messages and user events daily, yielding about a 5% interaction rate for official messages. (3) Community KOLs and users contribute nearly 5,000 HTX-related posts each day, driving an overall interaction rate exceeding 7%. 4. Blockchain and crypto influencers like Justin Sun were invited to livestream industry updates, with a daily average of 80 sessions, each attracting over 1,000 viewership. VII. Ecosystem Development 1. HTX DAO Established on January 18, 2024, HTX DAO held its launch ceremony in Singapore on February 2. It is a leading decentralized autonomous organization in the blockchain ecosystem that focuses on open finance and tokenized economy. Its governance token, $HTX, empowers holders with rights like vote-to-list, inquiry, and decision-making in governance. Additionally, the governance framework reflects a commitment to ecosystem transparency and community participation, attracting many renowned entities as ecosystem builders. A growing number of partners are increasing their participation in building HTX DAO by staking. Currently, the HTX DAO ecosystem has enlisted the support of 19 major industrial players, including HTX, TRON, Poloniex, BitTorrent, Spark Digital Capital, APENFT, Stratified Capital, JustLend DAO, OIG Group, Double Peak, stUSDT, Zebec, USDD, ANKR, Sun.io, Merkle 3s Capital, WINkLink, TUSD, and Owlit Finance. Particularly, HTX and Poloniex will contribute a portion of their revenue to support the liquidity of the HTX DAO. 2. HTX Ventures In 2023, HTX Ventures adopted a strategy of direct investment and fund investment, having invested in over 200 projects spanning fields such as infrastructure, DeFi, RWA, L1 & L2 public chain ecosystems, SocialFi, NFTs, and education. These projects facilitate the development of deep ecosystems like Bitcoin, Ethereum, TRON, Arbitrum, Cosmos, Solana, Polygon, and Polkadot, support multi-chain infrastructure tools and products, and explore use cases in Web2 and Web3 in multi-chain ecosystems. Furthermore, HTX Ventures, in collaboration with Princeton Blockchain Club (PBC) and TRON, organized the first hackathon, fostering the integration of blockchain academia, enterprises, and innovation, while continuously advancing investment and project incubation to nurture the next generation of Web3 enterprises. 3. Strategic Partnerships In 2023, HTX signed strategic partnership agreements with over a dozen institutions in security, trading experience, technology enhancement, and payment methods. Notably, partnerships in trading experience were the most extensive. These include deep cooperation with AICoin to integrate API trading, deep cooperation with TradingView to offer efficient, convenient digital asset trading experience, and collaboration with CertiK to integrate Skynet security rating into the platform. VIII. Brand Events 1. Rebranding to HTX at the 10th Anniversary Afterparty at TOKEN2049 In September 2023, TOKEN2049, a top crypto event in Asia, took place in Singapore. HTX, as a platinum sponsor, was invited to the event and launched an afterparty co-hosted by Web3 giants like TRON, Enjin, SINOHOPE, and Meta Era at the island country's premier venue Marquee. The evening's most exciting moment came when Justin Sun, a member of HTX's Global Advisory Board, announced the exchange's new name HTX and unveiled the "X Prize" for its 10th anniversary. There is also a brand new slogan for HTX - "Trade Crypto Only on HTX". With the rebranding to HTX, the exchange will strategically push for globalization, ecosystem development, wealth creation, and security, actively promote regulatory compliance and product innovation, and embark on its ambitious plan for the next decade. 2. HTX Awarded for Best Crypto Trading Platform at Blockchain Life 2023 In October 2023, the prominent crypto summit Blockchain Life 2023 was held in Dubai, seeing HTX assume the prestigious role of a platinum sponsor and exclusive registration sponsor. KOL with over 1 million followers shared HTX's event videos on Instagram, attracting widespread attention. During the summit, HTX was honored as the "Crypto Exchange Of The Year", and Justin Sun, a distinguished member of HTX's Global Advisory Board and the Founder of TRON, received the esteemed title of "Crypto Entrepreneur of the Year". Since its rebranding, HTX has once again left a significant imprint on the global crypto arena, securing a crucial industry award. This underscores its strengthening foothold in the crypto market worldwide and its dedication to becoming a major player driving crypto's global development and adoption. 3. Justin Sun's Digital Persona Debut at Australian Crypto Convention 2023 In November 2023, Justin Sun's virtual digital persona made its debut at the Australian Crypto Convention. This image aligns seamlessly with HTX's commitment to technological innovation and will collaborate on a range of brand promotion campaigns. The debut marked HTX's comprehensive efforts in its globalization strategy. By bridging the virtual and real worlds through innovation, HTX works with Justin Sun to create a Web3 portal and pioneer cross-sectoral approaches to promote a healthier crypto world. 4. Nearly 380,000 Participants in Six Rounds of Mars Program As of now, HTX hosted six rounds of its Mars Program, selecting six candidates for the space trip. These events attracted nearly 380,000 participants, with over 237,000 NFTs minted on-chain and over 200,000 USDT distributed as rewards. The program's influence within the industry has steadily increased as it forges ahead, attracting participation from Web3 organizations such as DWF Labs, Dogelon Mars (ELON), and HTX DAO. Currently, preparations are underway for the seventh round. HTX plans to collaborate with more partners to further explore the integration of cryptocurrency and space ventures, unlocking the infinite possibilities for crypto applications. 5. Paying Tribute to the Transformative Forces at the 2024 HTX Crypto Ecosystem Annual Gala On January 24, 2024, the Award Ceremony for the 2024 HTX Crypto Ecosystem Annual Gala took place to honor the most influential individuals, projects, and events that made a lasting impact on the crypto industry throughout the year 2023. At the ceremony, a total prize amount equivalent to nearly 35,000 USDT in $HTX was distributed, and nine major awards were presented. These awards include the Most Influential Event Award (Top 10), Concepts with the Greatest Market Potential Award (Top 10), the Most Influential Web3 Media Award (Top 10), the Most Popular Content Creator (Affiliate) Award (Top 100), the Most Popular Web 3 Social Media Influencer Award (Top 200), the Best Community Partner Collaboration Award, the Best Partner Award, Top Client Excellence Award, and the Top Trending Crypto Among Users Award (Top 10). Outlook for 2024: Breaking the Shackles of Centralization for a People-Centered Exchange As 2024 begins, the crypto market continues to surge ahead. There has been an observed enhancement in the overall economic situation and emerging innovations within the crypto sphere. These trends suggest an anticipation for the imminent arrival of a new bullish market cycle. As HTX joins HTX DAO ecosystem builders and the crypto market picks up steam, in this new competitive cycle, HTX is set for a revival and to reintroduce itself to the market with a focus on liberating from constraints through "community governance" and "decentralization". It has demonstrated a stronger competitive edge. HTX's anticipated strategies include: Focusing on trending sectors for wealth creation: HTX will closely monitor the development in asset size and derivative products after the approval of spot Bitcoin ETFs and regulatory policies across various countries. The approval not only signifies the regularization of Bitcoin investments but also presents vast opportunities for HTX to list and grow more assets. Therefore, the development of the BTC ecosystem remains a priority for HTX, particularly emerging protocols beyond BRC-20, such as BRC-420, ARC-20, and BTC L2 solutions (e.g., RGB smart contracts and BitVM). The progress and adoption of these technologies will further enrich the BTC ecosystem, heating the market in coordination with the upcoming halving event. Meanwhile, HTX continues to be optimistic about Web3 projects combined with AI, as well as new models where purely AI projects incentivize data contribution through tokens. Integration AI with DeFi, storage solutions, and DePin is poised to introduce novel project concepts to the market. This not only attracts funds from the technology sector but also injects new vitality and potential into the crypto market. Additionally, the Dencun Upgrade will bring revolutionary improvements to Ethereum, significantly reducing gas fees and further enhancing network processing capacity. This will profoundly impact the entire ETH ecosystem. Progresses such as Layer 2 sorters, parallel EVM development, and the application of ZK technology also make Ethereum more efficient and scalable. These advancements, while strengthening Ethereum, create new opportunities for investors and developers. Therefore, HTX will closely follow the market developments after the Dencun Upgrade and monitor the innovation and growth it brings to the ETH ecosystem. In summary, in 2024, HTX will follow market trends, focus on popular sectors, and select high-quality projects to provide users with a diverse options for wealth creation. Product Technology Innovation and Upgrades: With a focus on trading experience, HTX will continue to optimize its trading system, innovate system architectures, and enhance stability and throughput capacity to ensure security in trading. Meanwhile, it will improve copy trading products and enrich strategy trading tools to increase efficiency and convenience in futures trading. The platform will also continue to offer diverse, high-yield Earn products and conduct online/offline user education to help users better understand the market and products. Moreover, user experience will be enhanced from multiple aspects such as platform design and KOL empowerment, along with upgraded risk management models to ensure asset security. Diversified Business/Event Expansion: HTX will continue to leverage its Mars Program to expand partnerships, while optimizing event rules and reducing difficulty to offer more rewards for users minting Mars NFTs. Additionally, exclusive benefits will be introduced for $HTX holders, including, without limitations to, free participation in new listing campaigns such as PrimeVote and PrimePool, staking for rewards, flexible products with competitive APY, tripling Rockets, and fee discounts. Compliant, Secure, and Reliable Operations: In 2024, HTX is expected to obtain three licenses, including a European MiCA-related license, Dubai's FMP license, and BVI's VASP license. Additionally, HTX will reinforce its security system and effectively address potential threats to ensure the security and reliability of users' digital assets. Rich Ecosystem Development: HTX Ventures will remain committed to advancing Web3 infrastructure and ecosystem development to support the next generation of Web3 enterprises and to contribute to the development of the HTX ecosystem. Additionally, HTX Research will collaborate with partners to launch multidimensional market education, facilitating the integration of Web2 and Web3. Autonomous Community Development: Based on HTX DAO, HTX will explore the possibility of user autonomy within the community, facilitating information sharing across multiple channels. It aims to establish a self-governing ecosystem characterized by reciprocity and mutual benefits among platform and project teams, as well as Key Opinion Leaders (KOLs) and users. By tapping into the community's wisdom and power, HTX DAO is committed to transforming HTX into a truly people-centered exchange. Meanwhile, HTX will organize offline community events globally, creating a visible, tangible, user-friendly, and valuable community for crypto users. Global Brand Strategy: With "Building the Metaverse Free Port" as its long-term mission, HTX will work with more projects, public chains, and stablecoins to launch campaigns at international events, build a global brand reputation, and improve international market development, moving toward the vision of "Achieve Financial Freedom for 8 Billion People on Earth." In 2024, HTX will maintain an open mindset to learn and adapt to market changes and make every effort to build a people-centered exchange. By doing so, it can create greater value for users and foster the crypto industry to flourish. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

March 06, 2024 11:48 AM Eastern Standard Time

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Top 7 Best ICO Crypto to Invest in 2024

Spark Metro

The cryptocurrency market has been gaining significant traction in recent years, offering investors a new and exciting way to grow their wealth. One of the key investment avenues within the crypto space is Initial Coin Offerings (ICOs) and Initial Public Offerings (IPOs). ICOs allow projects to raise funds by offering their native tokens to the public, while IPOs involve the sale of stock to raise capital for mature companies. With the potential for exponential gains, ICOs and IPOs have become popular choices for investors looking to get in early on promising projects. 2024 holds immense potential for the ICO market, as innovative projects continue to emerge with groundbreaking ideas and unique features. In this blog, we will delve into the top 7 best ICO crypto projects to invest in 2024. But before we dive into the standout projects, let's get an overview of the top ICO cryptos for the upcoming year. It is important to note that while we have conducted our own research and analysis, we always recommend doing your own research and due diligence before making any investment decisions. Understanding ICOs An ICO is a fundraising method where startups or established projects raise capital by issuing new cryptocurrencies, also known as tokens. Compared to traditional methods like venture capital, ICOs offer wider accessibility and potentially faster funding. Why Invest in ICOs? High Potential Returns: Early investors in successful ICOs can experience significant returns on their investment. Early Access: Be among the first to participate in potentially groundbreaking projects shaping the future. Weighing the Risks Volatility and Uncertainty: The crypto market is inherently volatile, leading to unpredictable price fluctuations. Regulatory Risks and Scams: The evolving regulatory landscape and potential for scams necessitate thorough research. Evaluating an ICO Team and Advisors: Look for a team with proven experience and a reputable advisory board. Whitepaper and Roadmap: A clear, detailed whitepaper outlining the project's vision and a realistic roadmap are essential. Technology and Solution: Assess the innovation and technical feasibility of the proposed solution. Community and Support: A strong community and responsive customer support foster trust and project stability. Regulatory Compliance: Understand the legal framework surrounding the ICO and ensure compliance. Top 7 Best ICO Crypto to Invest in 2024 Here are the list of Top 7 Best ICO Crypto to Invest in 2024 for maximum returns: 1. 5th Scape (5SCAPE) 2. Sponge V2 (SPONGE) 3. Scorpion Casino 4. UDAO (UDAO) 5. ScapesMania (MANIA) 6. Minetrix (BTCMTX) 7. BlastUP (BLP) 1. 5th Scape (5SCAPE): This project aims to build the future of AR and VR gaming, with plans to develop VR games, an industry-leading VR headset, and an AR/VR development marketplace. The 5SCAPE token is the heart of this ecosystem, granting users access to exclusive content, in-game features, and potential governance rights. 2. Sponge V2 (SPONGE): This evolved meme coin aims to redefine the meme coin space by offering play-to-earn gaming features and attractive staking rewards. The $SPONGEV2 token fuels the ecosystem, allowing users to earn rewards by playing games and participating in the network. 3. Scorpion Casino: This innovative platform seeks to revolutionize online gambling by integrating blockchain technology. It promises transparent and secure transactions, enhanced fairness through smart contracts, and a user-friendly gaming experience. 4. UDAO (UDAO): This Decentralized Autonomous Organization (DAO) focuses on building a sustainable future by investing in renewable energy projects and promoting environmental consciousness. The UDAO token empowers community members to participate in governance decisions and share potential profits. 5. ScapesMania (MANIA): This project aims to create a decentralized gaming ecosystem where players can own their in-game assets and monetize their experiences. The MANIA token serves as the utility token within the platform, facilitating various transactions and access to exclusive features. 6. Minetrix (BTCMTX): This project disrupts Bitcoin mining by introducing a novel stake-to-mine model. Users can stake BTCMTX tokens to earn mining credits redeemable for cloud mining power, democratizing Bitcoin mining participation. 7. BlastUP (BLP): This Layer 2 scaling solution aims to address scalability issues and high transaction fees on the Ethereum network. BLP token holders benefit from faster transaction processing and potentially increased network usage as the ecosystem grows. The Importance of Diverse Investments in Crypto ICOs When it comes to investment decisions in the crypto market, diversification is key. Investing in a variety of ICO projects spreads the risk and increases the potential for long-term gains. Here are some reasons why diverse investments in crypto ICOs are essential: 1. Mitigating Risks: The crypto market is known for its volatility, with prices fluctuating rapidly. By diversifying your investments, you spread the risk across multiple projects, reducing the impact of any potential losses. If one project underperforms, the gains from other projects can help offset the losses. 2. Catering to Market Changes: The crypto market is highly dynamic, with new trends and technologies emerging regularly. By investing in diverse ICO projects, you position yourself to capitalize on the latest market developments. This flexibility allows you to adapt to changing market conditions and take advantage of new investment opportunities. 3. Gaining Exposure to Various Industries: The crypto space offers investment opportunities in a wide range of industries, including finance, gaming, technology, and more. By diversifying your investments, you gain exposure to different sectors, increasing your chances of finding projects that align with your investment goals and interests. 4. Maximizing Potential Returns: Diversifying your investment portfolio increases the potential for higher returns. While some projects may experience moderate growth, others may skyrocket in value. By having a mix of investments, you position yourself to benefit from the projects that outperform the market, potentially maximizing your overall returns. 5. Reducing Dependence on a Single Project: Relying heavily on a single ICO project can be risky, as the success of that project dictates the fate of your investment. By diversifying, you reduce the dependence on any one project, spreading the potential for success across multiple investments. 6. Diversification in crypto ICOs is not only a smart investment strategy, but it also allows you to participate in the growth and evolution of various industries. However, it's important to conduct thorough research and due diligence before investing in any project. Understanding the unique features, market demand, and potential risks of each project will help you make informed investment decisions in the crypto market. Understanding the Mechanics of an ICO Before diving deeper into the world of ICO investments, it's crucial to grasp the mechanics behind these fundraising mechanisms. Initial Coin Offerings, also known as ICOs, have gained popularity in recent years, providing cryptocurrency projects with a means to finance their development and growth. In the following sections, we will explore the structure of an ICO, the role of token economics, the key differences between ICO, IEO, STO, and IDO, and the potential risks and rewards associated with ICO investments. The Structure of an ICO The structure of an ICO typically involves several key components that enable projects to raise funds and launch their native tokens. Let's take a closer look at the key elements of an ICO: Initial Coin Offering (ICO): An ICO refers to the fundraising process in which projects offer their native tokens to the public. This initial token sale allows investors to participate in the project's growth potential by acquiring tokens at a discounted price. Token Generation Events: ICO projects often conduct token generation events, which serve as the primary means of token distribution. These events can take the form of presale rounds, public sales, or private investment rounds, depending on the project's strategy and funding requirements. Total Supply: Projects determine the total supply of tokens in their ICO, which represents the maximum number of tokens that will ever exist. The total supply is an important factor to consider, as it affects the token's scarcity, demand, and potential price appreciation. Investor Participation: Investors can participate in an ICO by purchasing the project's native tokens in exchange for popular cryptocurrencies like Bitcoin or Ethereum. This participation provides investors with the potential for capital appreciation and the opportunity to support innovative projects from the early stages. Roadmap and Token Utility: ICO projects typically have a roadmap outlining their development plans and milestones. Additionally, the token's utility within the project's ecosystem is a key consideration for investors. Understanding the token's value proposition and potential uses can help assess the project's long-term viability. Understanding the structure of an ICO is essential for investors looking to participate in token sales. By grasping the key components, investors can navigate the ICO landscape and make informed decisions in the crypto market. Now, let's delve into the role of token economics in ICOs. The Role of Token Economics in ICOs Token economics play a vital role in the success of ICO projects, impacting the value and utility of the native tokens. Here's a closer look at the key factors that influence token economics in ICOs: Token Holders: Token holders form the community of investors and users who hold the project's native tokens. The number of token holders and their engagement in the project's ecosystem contribute to the liquidity and demand for the tokens in the market. Market Demand: The demand for tokens is crucial in determining their value in the crypto market. Factors such as the project's potential, the market need for the project's offerings, and the growth potential of the industry influence market demand for the tokens. Token Utility: The utility of tokens within the project's ecosystem is a key component of token economics. Tokens can serve various purposes, including governance rights, access to platform features, payment for services, or rewards for participation. The token's utility enhances its value and incentivizes token holders to actively engage in the project. Economic Model: The economic model of the project defines the token distribution, supply, and potential token rewards. How the project balances token rewards, scarcity, and token supply affects the market dynamics and the potential price appreciation of the tokens. Market Cap: The market capitalization of a project's native tokens reflects the total value of the tokens in circulation. Market cap is calculated by multiplying the token price by the total supply of tokens. It serves as an indicator of the project's market value and potential attractiveness to investors. Token economics play a crucial role in shaping the success of ICO projects. By understanding the role of token holders, market demand, token utility, economic models, and market cap, investors can evaluate the potential of ICO investments. Now, let's differentiate between ICO, IEO, STO, and IDO. Differentiating Between ICO, IEO, STO, and IDO The cryptocurrency space offers various fundraising mechanisms, each with its own characteristics and benefits. It's important to differentiate between Initial Coin Offerings (ICO), Initial Exchange Offerings (IEO), Security Token Offerings (STO), and Initial DEX Offerings (IDO) for informational purposes. In the following sections, we will explore the key differences between these offerings and guide you in selecting the right type of investment for your portfolio. The Key Differences While ICOs, IEOs, STOs, and IDOs all contribute to the blockchain fundraising space, they differ in their key characteristics: Initial Coin Offerings (ICO): ICOs are decentralized fundraising mechanisms that typically involve token sales to the public. ICO projects rely on community engagement and cryptocurrency exchanges to facilitate the token sale process. ICOs provide projects with the means to finance their development while offering investors the potential for capital appreciation. Initial Exchange Offerings (IEO): IEOs, on the other hand, are token offerings facilitated by cryptocurrency exchanges. Unlike ICOs, where projects handle the token sale process, IEOs take place on crypto exchanges, which perform due diligence on the projects before listing the tokens. This added layer of exchange involvement enhances the security and credibility of the token sale process. Security Token Offerings (STO): Security Token Offerings involve the sale of tokens that represent an investment contract in a regulated asset, such as equity in a company, profit-sharing rights, or debt securities. STOs are compliant with securities laws, offering investors the potential for ownership in the project and the expectation of financial returns, much like traditional investment vehicles. Initial DEX Offerings (IDO): Each type of offering has its own advantages and considerations, dependent on factors such as regulatory compliance, project reputation, investment goals, and risk appetite. Now, let's explore the importance of choosing the right type of investment in the crypto market. Choosing the Right Type for Your Investment When it comes to investing in the crypto space, due diligence and careful consideration of the investment type are essential. Here's why choosing the right type of investment matters: Due Diligence Investment Decisions Crypto Space By conducting due diligence, aligning investment decisions with personal goals, and staying informed about the crypto space, investors can choose the investment type that best suits their needs. Whether it's ICOs, IEOs, STOs, or IDOs, each offering provides unique opportunities and potential rewards. However, it's important to carefully evaluate each investment in the crypto market, considering factors such as regulatory compliance, project transparency, market demand, and investment potential. Now, let's turn our attention to identifying potential ICO scams. Identifying Potential ICO Scams Scams in the ICO space are prevalent due to the lack of regulation and oversight, making it crucial to be vigilant. Watch out for promises of guaranteed returns and unrealistic claims about projects. Conduct thorough research on the team behind the ICO, checking for verifiable credentials and past experiences in the crypto industry. Be cautious of projects with plagiarized whitepapers or vague project details, as these can be red flags signaling potential scams. Red Flags in ICO Projects When considering ICO projects, it's crucial to watch out for signs that may indicate potential scams. Be cautious of exaggerated profit guarantees, lack of team transparency, or copied whitepapers. High-pressure tactics to rush investments and unclear tokenomics are also red flags to be aware of in the crypto market. Stay vigilant and conduct thorough research to avoid falling victim to fraudulent schemes. How to Stay Safe While Investing in ICOs Engaging with trustworthy partners can boost investment security in the volatile cryptocurrency market. Staying updated through project team communications and regular updates is vital for informed decisions. Verifying details on the official website is a key step in conducting due diligence. Joining the project's Telegram channel offers real-time access to critical updates. Thoroughly researching new meme cryptocurrencies or tokens like meme kombat ensures informed investing decisions. The Steps to Invest in an ICO Understanding the mechanics of an ICO is crucial for successful investments. The initial step involves selecting a suitable ICO from the plethora available. Following this, purchasing the necessary cryptocurrency to participate in the ICO is essential. Transferring the acquired cryptocurrency to a secure Web3 wallet and finalizing the purchase marks the completion of the process. Each step demands meticulous attention to detail and thorough research to minimize risks and maximize investment potential. Step 1 - Selecting a Suitable ICO When choosing an ICO, having a strong community can be beneficial. It's crucial to assess the project's roadmap and ensure transparency in its goals. Market demand plays a significant role, and analyzing growth potential is key. Consider these factors to make an informed decision. Step 2 - Purchasing the Necessary Cryptocurrency When acquiring cryptocurrencies such as Bitcoin or Ethereum, it's typical in the cryptocurrency market. Opting for reputable exchanges for cryptocurrency purchases is advisable. It's prudent to factor in fees and transaction speed during the purchase. Verifying wallet compatibility with the selected ICO is essential. Accurately calculating the required amount before making the purchase is crucial. Step 3 - Transferring to a Web3 Wallet and Making the Purchase To ensure the safety of your investments, transferring purchased cryptocurrencies to a secure Web3 wallet is crucial. It is advised to complete transactions promptly after the transfer and double-check the wallet address for accuracy. Following the ICO's purchase instructions precisely is essential for a seamless process. Keep your wallet's security measures up to date to safeguard your assets effectively. Risks Associated with ICO Investments Understanding the risks associated with investing in ICOs is crucial. The volatile nature of the cryptocurrency market, coupled with the lack of regulations, poses significant challenges for investors. The potential for losses due to market fluctuations and the absence of regulatory oversight can lead to substantial financial risks. It is essential for investors to conduct thorough research and due diligence before considering an ICO investment to mitigate these inherent risks. Understanding the Volatility of the Market Market dynamics impact ICO token values considerably. Preparedness for abrupt price shifts is pivotal. Regularly tracking market trends holds significance. Diversification aids in managing volatility effectively. Reviewing historical price actions before investment is vital. Potential for Loss Due to Lack of Regulation Investors face risks from regulatory uncertainties, legal challenges, and lack of protection in unregulated ICO markets. Caution is crucial to avoid financial losses. Understanding jurisdictional implications is key to navigating the unregulated landscape, ensuring informed decision-making amidst potential drawbacks due to the absence of regulations. The Potential Rewards of ICO Investments Opportunities for potential rewards in ICO investments include opportunities for capital appreciation and possibilities of earning passive income. Investors can benefit from the growth of projects, leading to capital appreciation over time, as well as earning passive income through various mechanisms within ICO projects. Understanding these key factors is essential for investors looking to capitalize on the potential rewards offered by ICO investments. Opportunities for Capital Appreciation Capital appreciation in ICO investments can result in significant gains, with high-potential projects offering lucrative returns. The value of ICO tokens has the potential to increase over time, subject to strategic investment decisions. Timely market analysis is essential for maximizing capital growth. Possibilities of Earning Passive Income Exploring various avenues to generate passive income through ICO investments is crucial. Staking rewards from tokens offer a steady income stream, while engaging in token holder activities can boost earnings. Leveraging decentralized finance options enhances passive income opportunities. Additionally, holding onto ICO projects long-term can lead to significant returns, and reinvesting dividends can establish a sustainable passive income flow. Embracing these strategies can optimize the potential for earning passive income in the dynamic cryptocurrency market. Using Social Media and ICO Calendars to Find ICOs Utilizing social platforms and ICO calendars can aid in discovering potential ICOs efficiently. Social media acts as a hub for updates and discussions on various projects like green bitcoin or meme kombat, providing insights into the cryptocurrency market trends. ICO calendars streamline the process by listing upcoming offerings like scorpion casino or meme coin, allowing investors to track opportunities easily. By leveraging these tools and staying informed about new meme cryptocurrencies or key factors, investors can make more informed decisions in the dynamic world of blockchain investments. At press time, Meme Kombat is offering a 109% staking APY, making it a top contender for the best ICO crypto to invest in 2024. Utilizing Social Media for ICO Discovery Discovering innovative ICO projects can be facilitated by actively engaging on various social media platforms. By tracking influential figures within the cryptocurrency market, valuable insights into potential ICO investments can be gained. Participating in ICO communities online aids in assessing the prevailing market sentiment. Interacting with existing token holders via social media can provide valuable perspectives for making informed investment decisions. Keeping abreast of the latest news and trends in the cryptocurrency space through social media channels is crucial for maximizing investment opportunities. Understanding the Role of ICO Calendars Utilize ICO calendars as a centralized resource for upcoming token sales in the cryptocurrency market. Plan your investment journey efficiently with these platforms, staying informed about presale rounds and token generation events. Keep ahead of new opportunities by monitoring ICO calendars, which streamline the process of tracking and discovering ICO projects. Stay updated on the latest updates and key factors in the crypto presale space, including the launch of new tokens, to make well-informed investment decisions. Does Investing in ICO Crypto Promise a Profitable Return? Analyzing potential returns on ICO investments is crucial. Thorough research assesses profitability, market demand, and growth projections. Informed decisions based on market cap and rewards determine profitable outcomes amidst risks. Understanding the rewards and risks ensures a strategic approach to ICO investments. Conclusion Investing in ICO cryptos can be both exciting and risky. It's crucial to diversify your investments and thoroughly research each project before committing. Understand the differences between ICO, IEO, STO, and IDO to make informed decisions. Be cautious of potential scams and prioritize safety measures. While there are rewards, remember the market's volatility and lack of regulation. Utilize social media and ICO calendars for investment opportunities. Ultimately, ensure you're comfortable with the risks associated with ICO investments and set realistic profit expectations. Making well-informed choices is key to potentially reaping rewards in the world of ICO cryptos. Luxurify is a leading name in luxury jewelry, synonymous with timeless elegance, impeccable craftsmanship, and unparalleled quality. With a commitment to creating pieces that transcend trends and celebrate the artistry of jewelry-making, Luxurify continues to be the preferred choice for those who seek the epitome of sophistication. Contact Details Alex +1 302-597-6768 Apexreviews154@gmail.com Company Website https://skyscrapersllc.com/

March 05, 2024 11:55 AM Eastern Standard Time

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Solar Panels At 50% Less With A 25-Year Guarantee – Monalee Leverages Technology In An Industry That Has Been Relatively Slow To Adopt It

Monalee

By Meg Flippin, Benzinga Solar panel prices have fallen 85% over the past decade, but just 3% of homeowners in the U.S. have these energy-saving panels installed on their rooftops. That’s even though it can save them as much as $1,500 a year on energy costs. A big reason is unclear pricing from an industry that largely relies on old-fashioned sales tactics to find customers. Solar panels may be high-tech, but selling them is far from it. Pushy door-to-door salesmen often knock on homeowners’ doors, giving quotes and estimates on the fly that are often too good to be true. As a result, homeowners can be left thinking they will pay one amount only to find out later it’s much higher. Murky Pricing No More? The true cost for a residential photovoltaic system varies based on the size of the roof, amount of sunlight, pitch and roofing material. Many industry players hide behind that when they raise the price after the initial estimate. And let’s not forget the energy savings these salesmen promise – some exaggerate it simply to close the deal. That hurts the industry’s efforts to drive adoption and the U.S. goal for solar to account for 40% of the country’s electricity by 2035. If you are looking for an accurate price on a solar panel system, look no further. Monalee can tell you how much it will cost you in minutes, including all the rebates and incentives. Finding an accurate estimate for your solar panels may seem hard, but that need not be the case with Monalee, a U.S.-based climate tech startup. It is taking an innovative approach that’s focused on transparent and accurate pricing. A bonus: you don’t have to worry about pushy salesmen banging on your door. The sales process happens online and in minutes thanks to Monalee’s advanced machine learning. The company’s proprietary technology culls information from millions of different data points to provide homeowners with the best solar design based on their home and energy needs. It takes into consideration factors like the direction the roof faces (for example, a roof in the northern hemisphere that faces south will get the most sun and therefore will be the most efficient) and whether there are nearby trees that might provide shade over the panels when providing the assessment and pricing. Monalee Brings Transparency To The Market Monalee says that anyone can go to its website, enter their home address and receive an accurate solar quote in less than a minute. Through its state-of-the-art design platform, you know exactly how many panels you’ll need, the best layout to maximize sun exposure and the bottom line cost including discounts and rebates before you sign up. All eligible federal and state incentives are factored in, and all of the fees and savings are laid out in an easy-to-read statement. Whether you finance the panels or pay for them outright, you know exactly what you are on tap for prior to signing a contract. All of that comes at what Monalee says is a steep discount to its rivals – since the company doesn’t deploy salespeople into neighborhoods or rely on designers to map out the layout of the solar panel design, it says it can secure the same solar panel systems at half the price compared to the top traditional solar companies in the U.S., saving customers up to 50% off the total. To make it even more palpable, Monalee throws in the ‘Monalee Guarantee,’ which ensures the system works as it should for at least 25 years. How’s that for transparency and peace of mind? The residential solar panel market may need to rethink its approach if it wants solar to become the de facto energy source of the future. Without licensing and training requirements to sell solar in most states, companies tend to rely on a network of freelance salespeople who are often more focused on commissions than providing an accurate and fair price. Monalee is changing that with its transparent and affordable pricing. You know exactly what the system will cost you whether you finance or pay for the panels outright, how much of a discount you’ll get from state and federal incentives and how much energy you can save. To find out what a solar panel system will cost you click here. Featured photo courtesy of Monalee. Monalee is a climate tech company that is accelerating the adoption of home solar, storage, and EV charging. By leveraging powerful machine learning and removing salespeople and system designers from the process, we are able to secure the same solar panel systems for homeowners at half the price compared to the top traditional solar companies in the U.S., making us the fastest, most efficient way to go solar. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Megan McDonough pr@monalee.co Company Website https://monalee.co/

March 05, 2024 08:30 AM Eastern Standard Time

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Crypto Analyst Mark Yusko, predicts a 300% Rise For Ethereum, Outperforming Bitcoin

Kangamoon

In a recent video, world-renowned crypto analyst Mark Yusko outlined that he’s bullish about Ethereum. Over the next year, Yusko believes that Ethereum could offer up to 300% returns, during which it would likely outperform Bitcoin. Meanwhile, a hot new DeFi presale is building momentum. With stage 2 of its presale almost sold out, investors are flocking to maximize their potential returns. Ethereum Bulls Invest $400m in 4 Days Ethereum bulls doubled down on their investment last week. As Bitcoin continues to surge, rumors suggest that Ethereum could gain even more traction as investors diversify into the altcoin market. This has increased Ethereum's open interest. According to data from CoinGlass, ETH open interest increased from $11.4 billion to $11.8 billion from March 1 to March 4. During the same timeframe, Ethereum’s price increased by 16.04%. Presently, Ethereum is trading at $3,525 and has a daily trading volume of $17.4 billion. Having already experienced consecutive price increases over the last week, analysts such as Mark Yusko believe Ethereum could outperform Bitcoin in 2024. Bitcoin Passes $65,000 In the last week, Bitcoin's price increased by 5.77%. Bitcoin is now trading at $65,277 and has a daily trading volume of $42.2 billion. This recent surge has triggered a market-wide rally, with many altcoins seeing returns of over 40%. As Bitcoin continues to pursue its former all-time high of $68,789.63, experts are predicting how high Bitcoin could go. Given its halving event is just one month away, the market is bullish. Some experts believe that Bitcoin could pass $100,000, while others suggest that $80,000 is a more realistic prediction. KangaMoon (KANG) Raises Over $500,000 Amid the Bitcoin hype, KangaMoon (KANG) is gaining significant traction. This innovative new presale has already hit several major milestones, and its utility token, $KANG, has increased in value by 50%. With less than 20% of its stage 2 supply remaining, crypto enthusiasts are buying $KANG at record rates. KangaMoon puts a unique spin on meme coins. Unlike other meme coins, which often surge due to market hype, KangaMoon looks to build a lucrative DeFi community with P2E gameplay and social-fi rewards. The project will showcase an action-paced P2E game where players can battle characters and bet on outcomes. At the same time, users will be rewarded for their social interactions and will have the opportunity to complete challenges for additional rewards. By incentivizing social activity, KangaMoon aims to build one of the best DeFi communities in the world. So far, it's been a big hit. The project quickly sold out during the first stage of its presale, and stage two is almost sold out. This growth shows investors are excited about KangaMoon’s community, which, alongside predicted returns of 220% during its presale, has put $KANG in the spotlight. Can KangaMoon Go Mainstream? KangaMoon provides a solution to one of the DeFi market's biggest problems– it gives investors a community. This concept has already proven to be popular, and as a result, experts believe that KangaMoon could surge 100x once it launched on major exchanges. Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

March 05, 2024 05:20 AM Central Standard Time

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HTX Research | Which Project Will Lead the DA Sector? An Analysis of DA Wars: Background, Ecosystem, and Future Development

HTX Research

The market for Data Availability (DA) projects is witnessing rapid expansion, leading to a fiercely competitive environment. Notable players in this sector include Celestia, EigenLayer, Avail, NearDA, Covalent, and several others. Based on the analysis from HTX Research, the core technology behind DA is not as demanding as it appears. The simplest form of DA can be achieved with a single machine, while more complex approaches, such as Celestia, employ decentralized sampling methods. Essentially, DA revolves around storage, which incurs high costs. If Ethereum-level security services are not strictly necessary, selecting a DA provider becomes a trade-off between cost and security. The principle is the higher the value of the service, the more secure the DA should be. Presented by HTX Research, this report offers an in-depth analysis of the background, ecosystem, and future development of the DA Wars. It also includes V God's insights on DA and categorizes different DA projects. Based on a comprehensive analysis of the DA landscape, HTX Research believes that the future of DA may be decentralized and that having 7-8 major DA providers might be sufficient for the future market. 1. The Emergence of the DA Problem 1.1 What Is DA In simple terms, Data Availability (DA) refers to the block producer publishing all transaction data of the block to the network, enabling validators to download it. If a block producer publishes complete data and allows validators to download it, we say the data is available. However, if the block producer withholds some data so that validators cannot download the complete data, we say the data is unavailable. 1.2 Two Key Aspects of the DA Problem: Security and Cost After examining the definition of DA, it becomes clear that it consists of two crucial aspects: Ensure the security of the verification mechanism To ensure secure verification, current L2 sequencers typically publish L2 status data and transaction data on the highly secure Ethereum network, relying on Ethereum for settlement and DA. Therefore, the DA Layer is where L2 actually publishes transaction data. Currently, mainstream L2 solutions utilize Ethereum as the DA Layer. Reduce the cost of publishing data At present, L2 simply relies on Ethereum for DA and settlement. While this approach offers sufficient security, it also incurs substantial costs. This poses the second challenge for L2: how to reduce the cost of publishing data. 2. Cost Structure of DA and Approaches to Reduce Costs and Enhance Efficiency From the introduction in Chapter 1, we can see that one of the important concerns in DA is how to reduce costs. Therefore, if you aim to make L2 cheaper overall, you must reduce the cost of publishing data. So, how to reduce costs? There are two main methods: Reduce the cost of publishing data on L1, such as the upcoming EIP-4844 upgrade of Ethereum. Following the example of Rollup, which separates transaction execution from L1, DA can also be decoupled from L1 to reduce costs. In other words, Ethereum is not utilized as the DA Layer. Therefore, all parties have made considerable efforts to reduce costs. After comparing the currently available plans, the cost of Near DA is the lowest, at about $0.0016 per block, followed by Celestia, EngenLayer, EIP4844, and so on. 3. Vitalik's View on DA 3.1 Ethereum Foundation and Vitalik Buterin Support Use of Ethereum for DA After Celestia went viral, the co-founder of Ethereum, Vitalik Buterin implied that Ethereum's L2 projects must utilize DA on the Ethereum blockchain. Subsequently, Ethereum Foundation researcher Dankrad Feist stated in a tweet that it's not a Ethereum Rollup without using Ethereum as the DA Layer, and therefore, it's not L2. In that case, Arbitrum Nova and Mantle should be "delisted" from the L2 projects because they only disclose transaction data on DAC, outside the Ethereum blockchain. At the same time, Dankrad also mentioned that solutions like Plasmas and state channels that do not require on-chain data availability (DA) to ensure security are still considered L2, but Validium (ZKRollup that does not use Ethereum as the DA Layer) is not considered L2. 3.2 Vitalik's Compromise: Ethereum Rollups Utilizing External Data Chains for DA Classified as Ethereum Validium Later, in a response on his X, Vitalik Buterin stated, "Being a Validium is a correct choice for many apps, and using good distributed DA guarantee systems can be a good way to increase the practical security of a Validium." Moreover, he believes that the core of being a rollup is the unconditional security guarantee: you can get your assets out even if everyone else colludes against you, and you can't get that if DA relies on an external system. 3.3 Consolidating Control over DA through ENS: Vitalik's Vision The ENS domain name service will define a set of interaction logic. Users will only need to enter a short domain name to automatically connect to the associated long address corresponding to the ENS smart contract, thus addressing the pain points of complex, difficult-to-remember, and hard-to-identify EOA addresses. It should be noted that this set of domain name services of ENS points to the future expansion market with larger user traffic, especially some Mass Adoption user groups. L2 is the future for Ethereum to expand and absorb large traffic. Vitalik believes that if ENS's domain name resolution solution doesn't extend to L2 and remains restricted to the Ethereum mainnet level, it will be difficult to open up space for imagination. Based on this background, he emphasized the importance of ENS on X, "It needs to be affordable!" ENS will naturally consider providing a complete set of data parsing solutions for L2, allowing users to directly perform domain name resolution and data search on L2. This reduces the dependence on their respective L2 centralized gateways. It is not difficult to see that for users to use the ENS domain name normally on L2, the prerequisite is to access and verify the global data on the Ethereum mainnet. This means that to enjoy the set of services of ENS, you must use the orthodox Ethereum DA capability, and those L2 solutions based on OP Stack's shortcut and placing DA on third-party platforms such as Celestia are not compatible with ENS. Having said that, it is not difficult to understand Vitalik's intention. In short, Vitalik is striving to use ENS to define a standardized set of interoperability specifications for L2 platforms, while simultaneously tightening control over DA. 3.4 Vitalik Discussing Plasma's Resurgence In Vitalik Buterin's article, he discusses the various L2 scaling solutions originally proposed for Ethereum, including Plasma, Rollup, Validium, and Parallel. Vitalik's vision for scaling entails a balanced development of these solutions, tailored to different application scenarios. However, the current market landscape is predominantly shaped by the Rollup solution, which is becoming increasingly competitive. Plasma, a sidechain solution, periodically syncs Merkle state data with the main network. It is a scaling solution that depends on the main network for data and computation. This allows Layer 2 to scale efficiently through a highly centralized approach and the design of a complex ledger model, while also leveraging the system capabilities of the main network validators. Vitalik's new article revisits Plasma and introduces a ZK+Plasma scaling solution, which is evidently another strategic move in the L2 landscape. 3.5 Summary All of Vitalik's actions can be summarized as: 4. Overview of DA Solutions and Various DA Projects 4.1 DA Solutions Based on the provided content, we can see that there are many solutions for the DA Layer. Broadly, these solutions can be categorized into two main parts: on-chain and off-chain. On-chain solutions Refer to L2 solutions that still utilize Ethereum as the DA Layer, leveraging Ethereum to mitigate DA costs. This implies that Ethereum will evolve into a real-time bulletin board in the future, with data on the board being deleted after a certain period. L2 solutions must develop methods to independently store all data backups. Off-chain solutions Refer to strategies that no longer rely on Ethereum as the DA Layer, seeking more cost-effective methods to ensure DA. Based on variations in decentralization and security, off-chain solutions can be categorized into four types: Validium, Data Availability Committee (DAC), Volition, and general DA solutions. 4.2 Celestia A pioneer in modular public chains, Celestia is built on the Cosmos SDK with a primary focus on DA. It stands as a competitive leader among DA projects that have already launched the mainnet. Technical features Data Availability Sampling (DAS) DAS allows light nodes to verify DA without having to download the entire block. Light nodes download only the block headers, which limits their ability to verify the DA of a block since they lack access to the full block data. Celestia uses a two-dimensional Reed-Solomon (RS) encoding scheme to re-encode block data to enable DAS for light nodes. DAS works by having light nodes randomly sample a small portion of the block data. As light nodes complete more rounds of block data sampling, confidence in the availability of data increases. Once light nodes have successfully reached the predetermined confidence level (e.g., 99%), the data is considered available. Namespaced Merkle Trees (NMT) NMT allows the execution layer and settlement layer on Celestia to download only transactions that are relevant to them. Celestia partitions the data in a block into multiple namespaces. Each namespace corresponds to an application built on Celestia, such as a rollup. Each application only needs to download the data that is relevant to it, improving the efficiency of the network. Celestia derives its primary revenue from applications through two main methods: Blob Space Fees: Rollup applications utilize $TIA to pay for storing their data in Celestia's blob space. Gas Fees: Developers use $TIA as the gas token for Rollup transactions, similar to how ETH is used as gas in Ethereum-based Rollups. Development Potential The project has successfully launched and has achieved a high level of technical maturity. It boasts exciting prospects for rewarding airdrops, targeting participants who have staked $TIA tokens. Projects such as Dymension and Altlayer specifically select $TIA stakers as recipients for their airdrops. Likely, more Ethereum L2 projects, modular blockchain solutions, and projects within the Cosmos ecosystem will adopt a similar airdrop strategy. The ecosystem is enriched through collaborations with cross-chain bridges, settlement layer solutions, DeFi projects, gaming platforms, and oracles. The list of collaborative partners in the DA domain continues to expand, and notable collaborators include Manta, Eclipse, Caldera, and Snapchain. In addition, it also integrated with Arbitrum Orbit, Polygon's CDK, and the Aevo derivatives trading platform, among others. 4.3 EigenDA EigenLayer is an Ethereum-based restaking protocol that enables users to restake their ETH, lsdETH, and LP Tokens on other sidechains, oracles, middleware, etc., as nodes and receive validation rewards. This allows third-party projects to leverage the security of the Ethereum mainnet, while ETH stakers can earn additional income, creating a win-win situation. EigenDA is a decentralized DA service built on Ethereum using the EigenLayer Restaking framework. It serves as the inaugural Active Validation Service (AVS) on the EigenLayer platform. In contrast to Celestia or Avail, EigenDA doesn't require bootstrapping a new set of validators. Ethereum validators have the freedom to choose to join EigenDA at their own discretion. Technical Features Enhancing Ethereum's DA Capability: Blob Block Data and KZG Commitment EigenDA leverages the upgraded Blob block data and KZG commitments introduced in the Cancun upgrade. The Rollup chain can generate erasure codes and KZG commitments for Blob Data, which are then published to the EigenDA contracts. The nodes within EigenDA ensure the subsequent DA capabilities for the chain. This significantly boosts Ethereum's DA capabilities. Notably, EigenDA's entire operation is built upon existing Ethereum infrastructure like Blob and KZG. Additionally, validation tasks for EigenDA nodes are performed by Ethereum Validators. P2P Networks with No Central Authority EigenDA nodes must re-stake ETH (or more precisely, stake ETH derivatives) in the EigenLayer contract on Ethereum Layer 1. EigenDA nodes are a subset of Ethereum validators. Then, after the DA buyer (e.g., rollup, also known as disperser) receives the data blob, it encodes it with erasure code and generates a KZG commitment, which is published and distributed for node confirmation. Afterwards, the disperser collects these signatures one by one, generates an aggregated signature, and publishes it to the EigenDA smart contract, which verifies the signature. Adopting Delegated Proof-of-Stake (DPoS) Instead of employing DA sampling, EigenDA utilizes the DPoS consensus mechanism to verify whether nodes genuinely store data. Anyone can submit proof to the EigenDA smart contract, which will be verified by the contract itself. If the verification is successful, the Lazy Validator is slashed. Development Potential Engaging in competition with Celestia, EigenDA has integrated several L2 projects, including Celo, Mantle, Fluent, Offshore, OP stack, among others, as collaborative partners. Backed by Eigenlayer's diverse ecosystem, which includes sorters, cross-chain bridges, oracle machines, and more. 4.4 Other DA Projects 4.4.1 Avail Avail can efficiently sort and record transactions, provide storage and verification of DA, support EVM-compatible blockchains, and enable Rollups to publish data directly to Avail. Additionally, its light client network verification mechanism (to be introduced below) allows Rollups on Avail to verify the state through the light client network without relying on smart contracts and the underlying layer. Due to its modular nature, developers can store data on Avail and choose other networks for settlement. Using the BABE and GRANDPA consensus mechanisms inherited from the Polkadot SDK. Decentralized. Avail adopts Nominated Proof of Stake (NPoS) which allows it to support up to 1,000 validators (in Mainnet). This mechanism, along with an effective reward distribution mechanism, minimizes the risk of stake centralization. Avail is unique among all DA solutions in its ability to sample data from its light-client P2P network. Because of this feature, Avail provides an efficient and reliable backup mechanism that ensures DA even in the event of a failure. Validity Proof: Avail utilizes KZG polynomial commitments. Current Status: The Avail mainnet has not yet been launched. 4.4.2 Near DA On November 8, 2023, the NEAR Foundation announced the launch of the NEAR DA Layer, which provides a robust, cost-effective DA for ETH rollups and Ethereum developers. The first users include Madara by StarkNet, Caldera, Fluent, Vistara, Dymension RollApps, and Movement Labs. Security: Inherits the security of the Near network. Cost Advantage: 100kB calldata on NEAR costs $0.0033. Current Status: NEAR DA has integrated with Polygon CDK, empowering developers to build Ethereum ZK Rollups. 4.4.3 Covalent Covalent is a blockchain data query service platform that can standardize data from multiple blockchains. Its unified API allows developers to reuse queries across supported networks, solving the problem of blockchain data being difficult to obtain. After the Cancun upgrade, the Ethereum mainnet will only store L2 submitted state data for 1 month, after which it will be discarded. In order to maintain the decentralization of the network and establish the DAS light node mechanism, Celestia will also regularly discard the L2 submitted state data. However, in November last year, Covalent launched the “Ethereum Wayback Machine (EWM)” for long-term storage of L2 state data discarded by the blob. Covalent is responsible for reading the L2 state data. Covalent goes beyond simple storage and integrates L2 data into its platform's on-chain data API service. Covalent facilitates seamless user access to blockchain data, providing data service support for specific user groups such as blockchain data websites, government regulatory departments, AI researchers, and more. Current Status: As of December 2023, Covalent supports over 210 blockchains and plans to support over 1000 blockchains by the end of 2024. Based on a recent Covalent DA report by Messari, it's evident that Covalent boasts billions of data points, making it the best choice for applications requiring widely applicable and universally relevant data. 4.4.4 zkPorter zkPorter, an off-chain DA solution optimized for decentralization, was launched by the Ethereum scaling solution zkSync. It handles DA through a hybrid approach that combines zkRollup and sharding ideas. zkPorter introduces an optional validator mechanism, where zkSync token holders stake tokens to later verify and sign blocks. In the absence of recent updates, zkPorter's development has been closely watched. The GRVT chain, operating as a Layer3 application chain on the zkSync platform, is set to launch its mainnet in the first quarter of this year. Given the project's reliance on zkPorter for data storage, there is speculation that zkPorter's launch might precede that of GRVT. 4.5 Comparison of DA Projects Technical aspects: Performance aspects: Summary Among the aforementioned DA projects, the most competitive ones include Celestia, EigenLayer, Avail, and NearDA. Covalent, on the other hand, adopts an unconventional approach, leading to unique demand for its DA applications. Of all the DA solutions, DAS coupled with KZG polynomial commitment emerges as the most mainstream approach. It ensures DA while simultaneously reducing node costs and enhancing proof efficiency. From a technical standpoint, Ethereum Danksharding and Celestia stand out as the most decentralized solutions. They employ sampling technology, which effectively reduces node performance requirements while achieving high bandwidth. EigenDA follows closely with its use of sampling; however, it operates as a parasitic system on Ethereum, with its node count being a subset of Ethereum's. Other DA projects, like NearDA, do not utilize sampling. For instance, the decentralization level of NearDA is equivalent to that of Near Protocol. Celestia has chosen the Optimistic proof, which features a lower landing threshold and higher technical maturity compared to KZG polynomial commitment. However, its future technical potential may not match that of KZG polynomial commitment. In comparison with similar projects like Avail and EigenDA, Celestia's development progress is currently faster, positioning it to launch its mainnet sooner. Nonetheless, Celestia will also confront direct competition from Ethereum following the Cancun upgrade. As a L2 developer, the trade-off between DA authenticity and chain issuance cost is always a critical consideration. DA authenticity tends to be relatively passive in the commercial market, making it suitable for comprehensive L2 projects that prioritize security consensus issues and possess a certain brand background and market foundation. However, new and small L2 projects, especially those based on OP Stack for one-click chain issuance, strive to minimize costs as much as possible. For them, third-party DAs like Celestia are naturally a better choice. While Eigenlayer still struggles to reduce the actual development costs for L2 project developers. However, for DA Layer projects, their scenarios are often singular, focusing on a business-to-business (B2B) model. These projects struggle to attract substantial liquidity compared to comprehensive public chains like Solana, which can draw decentralized applications (DApps) through consumer-to-consumer (C2C) scenarios. Without successful adoption by many Rollup projects, their ecosystem construction remains weak. Moreover, Celestia appears to lack significant capital backing. While the technical aspects of Celestia appear logical and feasible, its ultimate success hinges on its ability to integrate and flourish within the Ethereum ecosystem. Otherwise, its ambitious plans may languish unrealized, becoming mere illusions. 5. DA Layer and Modularity in Blockchain DA Layers have always existed, whether in Bitcoin, Ethereum, or Solana blockchain. For example, in the Bitcoin network, data is stored directly on the blockchain. Fifteen years ago, Satoshi Nakamoto published the Bitcoin whitepaper and limited the block size to 1MB. The block size determines the maximum transaction data each block can accommodate. Later, SegWit, Taproot, and the Ordinal protocol, in a way, were also introduced to enhance DA on the BTC network. In the Pre-4844 Ethereum network, all data transmitted from L2 to Layer 1 is stored in Calldata. While Rollup transfers computation security to L2, storage remains on Layer 1. Due to the limited storage capacity of Layer 1, the capacity of Rollup on Ethereum is constrained. The block size of Ethereum is about 150K-250K. Even if all the space is allocated to Rollup, the storage space remains limited, thereby constraining the throughput of L2. Therefore, Ethereum needs to adopt Proto-Danksharding, which enhances DA by introducing a new transaction type that includes blobs. Therefore, it can be said that the DA Layer is actually an abstracted layer that accommodates the expansion needs of various blockchains and the increased requirements for DA. It reflects the evolution and development of blockchain technology, resembling the refinement of labor division in human development processes. Notably, modular blockchain decouples specific functional layers from a monolithic blockchain, outsourcing them to other blockchain networks, thus achieving further division of labor to a certain extent and enhancing efficiency. Celestia Proposes the Modularity in Blockchain The architecture of a traditional monolithic blockchain typically consists of four functional layers: Execution Layer: The execution layer is mainly responsible for processing transactions and executing smart contracts. It includes transaction verification, execution, and state updates. DA Layer: The DA Layer in a modular blockchain is responsible for ensuring that the data in the network is accessible and verifiable. It usually includes functions such as data storage, transmission, and verification to ensure the transparency and trust of the blockchain network. Consensus Layer: The consensus layer is responsible for the protocol between nodes to achieve the consistency of data and transactions in the network. It verifies transactions and creates new blocks through a specific consensus algorithm (such as PoW or PoS). Settlement Layer: The settlement layer is responsible for completing the final settlement of transactions, ensuring the transfer of assets, storing permanent records on the blockchain, and determining the final state of the blockchain. Celestia first introduced the concept of modularity in blockchain, which involves decoupling different functional layers from the monolithic blockchain. This approach allows the blockchain to concentrate on the specific functions of each layer and effectively distribute the workload to maximize overall availability. The statement does not assert that a modular blockchain is necessarily superior to a monolithic blockchain. Instead, it expresses a desire to examine the future development of blockchain from a modular perspective. This approach enables the exploration of a broader spectrum of possibilities and conjectures. 6. Speculations About the Future 6.1 Blockchain Combination: A Modular Perspective In the previous paragraph, it was noted that a blockchain can be divided into four layers from a modular perspective: the execution layer, the DA Layer, the consensus layer, and the settlement layer. Let's take the Ethereum ecosystem as an example. In this context, the consensus layer refers to the Ethereum main chain. In the Ethereum ecosystem, the potential number of possibilities for modular blockchain in the future can be determined using the formula: Number of possibilities = Number of execution layer solutions * Number of settlement layer solutions * Number of DA Layer solutions. 6.2 The Decentralized Nature of the DA Layer DA Layers can emerge rapidly, akin to mushrooms after spring rain, due to the fact that DA isn't overly difficult. The simplest approach to DA is to implement it on a single machine. The most complex method involves decentralized sampling, as seen with Celestia. Decentralization via sampling means that the more nodes there are, the greater the bandwidth (imagine a peer-to-peer movie download network). This also generates network effects, suggesting that there won't be too many of these 'decentralized sampling DAs' in the end. However, there are no restrictions on other forms of DA, and their potential is boundless. Let's use an analogy: DA functions as storage, which can be costly. If you don't require Ethereum-level security, selecting a DA provider becomes a trade-off between cost and security. The principle is the higher the value of the service, the more secure the DA should be. Therefore, future DAs may be decentralized. Even so, perhaps 7-8 major DAs might be sufficient. 6.3 The Potential of a Specialized DA Layer in ETH 3.0 The upgrade of Ethereum from 1.0 to 2.0 divided Ethereum into the execution layer and the consensus layer. The newly introduced blobs will also be incorporated into the consensus layer of the beacon chain. In the future, possibly in the next Ethereum upgrade, driven by technological advancements and increased DA, Ethereum may incorporate a dedicated DA Layer on top of the execution and consensus layers. Alternatively, a dedicated data storage chain resembling a sharded chain may emerge in the next upgrade. These are speculative scenarios, and the actual direction of development remains to be seen. — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — This article is a product of diligent work by the HTX Research Team that is currently under HTX Ventures. HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. References 1. Long Tweet: Analysis on Da by jianshu https://twitter.com/jianshubiji 2. Long Tweet: The new narrative rising in the post-Cancun upgrade era—DA War https://twitter.com/0xNing0x/status/1744350282509631590?s=20 3. The end of Ethereum Rollups (STARKNET) battles, new narrative DA: https://news.marsbit.co/20240220083034666673.html 4. First Class Cabin Research Report: The Modular Blockchain Celestia https://medium.com/@first.vip/%E5%A4%B4%E7%AD%89%E4%BB%93%E7%A0%94%E6%8A%A5-%E6%A8%A1%E5%9D%97%E5%8C%96%E5%8C%BA%E5%9D%97%E9%93%BEcelestia-a2532da9d2be 5. Deep Dive Research Report on EigenLayer: Ethereum's Middleware Protocol, Leading the Narrative on Re-Staking https://www.aicoin.com/article/360322.html 6. Long Tweet: DA Solutions https://twitter.com/i/web/status/1700728653750087945 7. What is EigenDA, the flagship product of the re-staking protocol EigenLayer? https://www.blocktempo.com/what-is-eigenda-that-eigenlayer-will-launch/ 8. An Overview of Five Factors in Modular DA Design: Who is the winner among Celestia, Avail, and EigenDA? https://foresightnews.pro/article/detail/52019 Disclaimer 1. The author of this report and his organization do not have any relationship that affects the objectivity, independence, and fairness of the report with other third parties involved in this report. 2. The information and data cited in this report are from compliance channels. The sources of the information and data are considered reliable by the author, and necessary verifications have been made for their authenticity, accuracy and completeness, but the author makes no guarantee for their authenticity, accuracy or completeness. 3. The content of the report is for reference only, and the facts and opinions in the report do not constitute business, investment and other related recommendations. The author does not assume any responsibility for the losses caused by the use of the contents of this report, unless clearly stipulated by laws and regulations. Readers should not only make business and investment decisions based on this report, nor should they lose their ability to make independent judgments based on this report. 4. The information, opinions and inferences contained in this report only reflect the judgments of the researchers on the date of finalizing this report. In the future, based on industry changes and data and information updates, there is the possibility of updates of opinions and judgments. 5. The copyright of this report is only owned by HTX Ventures. If you need to quote the content of this report, please indicate the source. If you need a large amount of references, please inform in advance (see “About HTX Ventures” for contact information) and use it within the allowed scope. Under no circumstances shall this report be quoted, deleted or modified contrary to the original intent. Contact Details Michael wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

March 05, 2024 03:17 AM Eastern Standard Time

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TRON DAO at ETH Denver and Host of TRON Builder Tour Denver Stop

TRON DAO

Geneva, Switzerland, March 4, 2024 – The TRON DAO team attended ETH Denver, one of the leading events in the blockchain space. In conjunction with this, the TRON Builder Tour (TBT) ETH Denver event unfolded, drawing enthusiasts into the dynamic world of the TRON ecosystem with an event packed with insights, networking, and more. At ETH Denver in the BUIDL HUB venue, four members of the TRON DAO team attended the ETH Denver event as mentors.The mentors offered support to many developers and entrepreneurs across a wide range of disciplines ranging from technical support, business or ecosystem development, UI/UX design, and more. Mentors led a Skills Lab at the ETH Denver BUIDL Hub on how to use AI to quickly create and deploy smart contracts on BTTC and other EVM networks.The mentoring allowed the TRON DAO to connect closer with the broader blockchain community, giving them an opportunity to learn about what is being built in the web3 space. Feb 28th, the TRON Builder Tour event at ETH Denver offered a deep dive into TRON's ecosystem, featuring tasty treats and food, educational sessions, and networking opportunities. With nearly 100 attendees, the event brought together blockchain enthusiasts, developers, and students: all celebrating the TRON network. Co-host of the event Arkham Intelligence, a crypto intelligence platform, providing attendees with a unique perspective on digital asset markets and the benefits of the TRON network. The HackaTRON Season 6 event was also highlighted, which began February 20th. The online hackathon contains a total prize pool of up to $650,000* in Energy support and TRON network’s native utility token, TRX; this hackathon encourages developers to create dApps that can enhance the TRON network's user experience and push the blockchain space forward. Participants are encouraged to apply today on our official DevPost page. *All prizes are issued in TRX or TRON network Energy, not USD, restrictions applied. All contest rules can be viewed here: https://trons6.devpost.com/rules The evening concluded with indoor bar networking, allowing attendees to forge valuable connections within the TRON community. Through its participation at ETH Denver and the hosting of the TRON Builder Tour event, TRON DAO reinforced its dedication to advancing the blockchain industry. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 205.11 million total user accounts on the blockchain, more than 6.96 billion total transactions, and over $20.43 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

March 04, 2024 12:37 PM Eastern Standard Time

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