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Over the past week, there has been a notable uptick in market activity, particularly in digital assets. This surge can be partly attributed to the enthusiastic response following the approval of spot Ether ETFs. Furthermore, the launch of Param and the ensuing airdrop claiming process have added to the buzz in the market.
Amid this escalating excitement, numerous investors are looking for new cryptocurrency releases, listings, and presales, hoping to find more accessible entry points into the market. InsideBitcoins serves as a reliable source of information, offering insights into these tokens, including their features, utilities, and potential market prospects.
New Cryptocurrency Releases, Listings, and Presales Today
Param Labs is on the brink of revolutionizing gaming with its cutting-edge Web3 gaming ecosystem. Holograph enables seamless fungible and non-fungible token transfers across various EVM-compatible blockchains.
Meanwhile, AbstraDEX offers various DeFi services across multiple blockchain platforms. Moreover, with an impressive $15 million already raised in its presale, Dogeverse is poised to launch in three days. In other news, a former FTX executive has been sentenced.
1. Param (PARAM)
Param Labs is developing a modular, interconnected Web3 gaming ecosystem to set new standards for gaming experiences. Focusing on gamers and developers, the company leverages advanced technologies such as AI and Blockchain to address prevalent industry challenges. Central to this ecosystem is $PARAM, the on-chain utility token that drives governance and value within the Param network.
Firstly, revenue from various products, such as Kira Bucks, the “Pixel to Poly” service, in-game ads, and NFT marketplace transactions, is funneled into $PARAM token buybacks. This decentralized method allows the DAO to allocate funds, promoting a sustainable economic cycle and increasing the token’s value. Also, “Param Pools” introduces a 5% platform fee in $PARAM tokens, managed for burning and ecosystem pool enhancement, adding a deflationary aspect to the token.
Secondly, $PARAM serves multiple practical purposes. For example, it is used for “Wager Matches” in Param Pools, enhancing the gaming experience. Moreover, holders of $PARAM receive exclusive perks, such as discounts on in-game items and merchandise. Staking $PARAM allows users to earn free token allocations in partnered projects, encouraging engagement. Furthermore, staking helps with game discovery on the platform’s launcher, fostering an active and vibrant ecosystem.
$PARAM Claim is LIVE now.
Kira Genesis Holders Claim: https://t.co/iLXJfgXGYp
Param Point Participants Claim: https://t.co/MWPLOItbuK
Use Official Links Only, Always Verify.
— Param Labs (@ParamLaboratory) May 29, 2024
In terms of governance, $PARAM embodies decentralization within the ecosystem. Token holders participate in decision-making through a democratic proposal and voting system, influencing ecosystem development and strategic decisions. Additionally, governance integrates community incentives, encouraging active participation and a sense of ownership among members.
Param Labs has also integrated ApeCoin into its ecosystem, allowing $APE holders to use it for the “Pixel to Poly” service, which converts NFTs into game-ready avatars. Additionally, including Imaginary Ones further expands the $PARAM gaming ecosystem, and a partnership with FRChronic underscores Param Labs’ leadership in digital ownership in gaming.
2. Holograph (HLG)
Holograph is an innovative protocol for smart contracts that facilitates the seamless transfer of fungible and non-fungible tokens across Ethereum Virtual Machine (EVM) compatible blockchains. Specifically, this protocol maintains consistent contract addresses, token IDs, and underlying data, ensuring asset integrity across various platforms.
The core process, called Holographing, is inspired by holography in physics. Holography records and reconstructs wavefronts. Similarly, Holographing allows exact bit-to-bit replication of digital assets to move across EVM blockchains. Moreover, it adheres to specific rules and restrictions to preserve token attributes during transfers.
Holograph uses a unique method to ensure a single, unique contract address and token ID across all blockchains. Consequently, this guarantees secure asset transfers. Initial seeds are deployed across blockchains, from which all subsequent contracts derive. Thus, this ensures contract address consistency.
Furthermore, Holograph introduces Holographers. These operate in an isolated layer to enforce universal standards for all digital assets. This creates a virtual machine-like environment within a blockchain, enabling developers to innovate without compromising data integrity or token standards.
Ecosystem Showcase ✨
Holograph leverages @0xPolygon to enable an infinitely scalable web of sovereign blockchains, ensuring that the deployment, minting, & bridging of omnichain tokens is a seamless user experience pic.twitter.com/04CeKXlwa4
— Holograph (@holographxyz) May 30, 2024
Holograph’s versatility is evident in various applications. For example, artists can tokenize and issue on-chain representations of digital art, including paintings, drawings, illustrations, photography, and motion graphics. Additionally, game developers can tokenize in-game assets, including currency, cosmetics, consumables, weapons, and armor. Similarly, financial institutions can tokenize assets like stablecoins, treasury bills, and real estate.
Holograph has attracted significant strategic investments. Animoca Brands invested in advancing omnichain gaming. In addition, a funding round led by Mechanism Capital and Selini Capital brought total funding to over $11 million. Recently, Binance announced the distribution of 25 million $HLG rewards as part of the BinanceWeb3Wallet activity in collaboration with Holograph. Therefore, eligible participants should check their wallets for these rewards.
3. AbstraDEX (ABS)
AbstraDEX, a decentralized exchange, capitalizes on the Layer-2 network to deliver a comprehensive suite of DeFi services across multiple blockchain platforms. It facilitates efficient token swapping with a user-friendly interface and competitive fees, enhancing the trading experience. Additionally, the platform invites users to contribute to its liquidity pools, which supports market fluidity. Consequently, participants can earn a share in the network’s growth profits.
Furthermore, AbstraDEX offers opportunities for yield farming, where users can generate income by leveraging their assets. This support helps develop the ecosystem. Similarly, the staking feature enables users to earn rewards over time by locking up their tokens. This action bolsters the platform’s stability and contributes to the broader Web3 security.
Another standout feature is the Cross-Swap functionality, which utilizes Omnichain technology. It enables seamless transactions across various blockchains, such as Zetachain, BTC, and EVM chains. Additionally, AbstraDEX serves as a launchpad for new DeFi projects, providing access to community funding and a multi-chain environment, expanding investors’ reach.
@AbstraDEX Integration Announcement
We are excited to announce that AbstraDEX has successfully integrated with @Optopia_AI
Experience seamless swapping and trading on the Optopia network now. Check it out here:
👉 https://t.co/6GvY6mV9JHStay tuned for more updates and… pic.twitter.com/IEDf27yAtT
— AbstraDEX | Multichain Dexes | X Layer is live (@AbstraDEX) May 22, 2024
Moreover, integrating NFTs into its ecosystem grants access to all platform services and opens avenues for substantial investment returns. Strengthened by strategic partnerships with entities like Zetachain and Gains Associates, AbstraDEX is making significant strides. Recent integrations like CyberConnectHQ and listings on platforms like CoinGecko further position AbstraDEX as a key player in decentralized finance.
4. Dogeverse (DOGEVERSE)
Dogeverse stands at the forefront of cryptocurrency innovation as it pioneers the integration of the first Doge Meme token across multiple blockchain platforms. With an enticing APY of 44%, this token presents a compelling investment opportunity for meme-inspired crypto enthusiasts. With just 3 days remaining in the presale, potential investors must act swiftly to secure their position.
Having already amassed over $15 million in its presale, Dogeverse is accessible on Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base, demonstrating a commitment to inclusivity across various blockchain networks. The project’s vision centers on creating an interconnected ecosystem for Doge meme enthusiasts, emphasizing community engagement, rewards, and creative expression.
Cosmo, the project’s mascot, symbolizes its ambition to establish itself as a prominent player in the multichain utility space within the crypto meme community. By leveraging its multi-chain framework, Dogeverse aims to gain recognition in decentralized and centralized exchanges.
With a snap of his fingers, multi-chain becomes a reality! 🔗#Memecoins #Solana #Ethereum #Crypto #MemeCoinSeason #Marvel #Avengers pic.twitter.com/xI5ysV5HED
— DogeVerse (@The_DogeVerse) May 30, 2024
The project’s roadmap is structured into several phases, starting with the inception stage, dubbed “The Big Bang.” This phase focuses on foundational tasks such as launching the project website, developing the smart contract, and building a social media presence. Subsequent phases involve contract audits, presale initiation, community building, and pursuit of listings on major cryptocurrency tracking platforms like CoinMarketCap and CoinGecko.
In summary, Dogeverse, led by Cosmo, is pioneering efforts to bridge the multichain landscape with the popular culture of Doge memes. With a well-defined roadmap and growing investor interest, it stands poised to make a lasting impact on the cryptocurrency ecosystem.
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