Metaverse

Home Metaverse Page 199

Swell Integrates Obol Distributed Validators To Enhance Performance And Maximize Rewards

Swell Integrates Obol Distributed Validators To Enhance Performance And Maximize Rewards


In Brief

Swell is integrating Obol Distributed Validators to modernize its staking stack, delivering improved performance, reduced risks, and greater rewards.

Swell Integrates Obol Distributed Validators To Enhance Performance And Maximize Rewards

Non-custodial liquid staking protocol, Swell announced the integration of Obol Distributed Validators (DVs) into its liquid restaking protocol. This marks a major advancement in enhancing the staking system, with the aim of providing better performance, reducing risks, and increasing rewards for users. 

The Obol Collective is the leading Decentralized Operator Ecosystem and a key proponent of Distributed Validators. It aims to improve performance, boost rewards, and minimize risks for Ethereum and other decentralized infrastructure networks. 

In its effort to modernize its staking system, Swell is implementing multi-operator clusters. This approach enables multiple validator operators to collaborate in order to improve security, reliability, and decentralization. Through Obol’s Distributed Key Generation (DKG), validators can collaboratively generate and manage keys, ensuring that no single operator holds full control. This reduces the risk of failures and strengthens key security, minimizing penalties and enhancing staking performance overall. 

New Integration To Bring Better Performance

Performance plays a crucial role in Ethereum staking—greater uptime and efficiency lead to higher rewards and a more reliable network. Obol’s DVs optimize validator uptime and eliminate inefficiencies that are common in traditional setups, delivering top-tier performance. The multi-operator architecture not only enhances security but also boosts validator responsiveness and fault tolerance, helping maximize staking rewards for Swell users. 

With improved performance and reduced downtime, distributed validators provide higher rewards compared to conventional validators. Furthermore, Swell users may gain additional incentives from the Obol Collective, increasing total staking rewards. 

By modernizing its staking framework with Obol DVs, Swell enhances security, optimizes performance, and offers greater rewards. More updates are expected in the future.

Swell is a liquid (re)staking protocol that features its own vertically-integrated rollup. Users can stake and restake their assets on Swell, and further enhance their restaking yield on Swellchain—the first rollup specifically designed for restaking, powered by Proof of Restake. 

Recently, the AMM DEX Velodrome integrated with Swellchain, adding substantial liquidity and enabling low-slippage swaps for Swellchain users.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles


Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








More articles



Source link

Have Gaussian Splats Arrived in the Standardization Sweet Spot?

Have Gaussian Splats Arrived in the Standardization Sweet Spot?


On Tuesday, January 22, the Metaverse Standards Forum (MSF) hosted a virtual town hall to explore a pressing question: Are Gaussian Splats (GS) ready for standardization? The event drew hundreds of participants and sparked a lively debate. The conversation has since continued at the “Gaussian Splats Town Hall Part 2” that was held on March 5, 2025, where Niantic, Cesium and Meta shared more details on their Gaussian Spat pipelines.

Gaussian Splats are an innovative method for representing 3D scenes using points (or “splats”) with attributes like color, opacity, and size. This technique enables highly realistic renderings with fewer data constraints compared to traditional mesh models.

The Forum’s Gaussian Splats Town Hall, co-hosted by MSF 3D Formats Interoperability Working Group co-chair Patrick Cozzi of Bentley Systems and Alexey Medvedev of Meta, who also serves as Khronos 3D Formats Working Group chair, was a dynamic, three-and-a-half-hour event that featured impressive demonstrations and persuasive arguments for GS’s future in 3D content creation and delivery. Notable contributors included Radiance Fields, The New York Times, Niantic, Meta, NVIDIA, PlayCanvas, Microsoft, Arrival.space, Waldek Technologies, Bentley Systems, Cesium, Hexagon, Esri, EARTHBRAIN, and JDULTRA.

The recording of Part 1 is now available, complete with bookmarks for easy navigation. As GS gains momentum, we also want to elevate the standardization discussion that emerged from the town hall and bring glTF stakeholders rapidly up to speed before the next event.What Does “Standardization Ready” mean?

How standards proliferate. Situation: There are 14 competing standards. Person 1: 14?! Ridiculous! We need to develop one universal standard that covers everyone's use cases. Person 2: Yeah! Situation: There are 15 competing standards

Permanent link to this comic: https://xkcd.com/927/

Timing is everything in standardization. Premature efforts risk stifling innovation, while waiting too long can lead to fragmented proprietary technologies. The sweet spot is when a technology’s utility is proven, and the absence of standards starts to hinder growth.

Optimal Standardization WindowOptimal Standardization Window

This town hall focused on determining where Gaussian Splatting stands on this spectrum. Are we still in the early days of experimentation, or is the technology mature enough to benefit from standardization? And if it’s time, what should that process look like?

Growing Momentum for Gaussian Splatting

pictures generated from Gaussian splattingpictures generated from Gaussian splatting

Presenters highlighted a rapid surge in GS adoption across industries, demonstrating its versatility and accelerating momentum. AJ Chavar from The New York Times illustrated how Gaussian Splats are enabling immersive, interactive storytelling with rich visual fidelity while maintaining minimal data overhead, crucial for fast-loading online content.

Nicholas Butko from Niantic showcased GS’s efficient rendering capabilities on mobile devices, emphasizing its ability to deliver smooth augmented reality experiences even on resource-constrained hardware. He also discussed Niantic’s Scaniverse app, a free and open-source tool that has significantly contributed to the growing adoption of GS. By enabling users to easily capture high-quality 3D scans using a mobile device and convert them into GS-based representations, Scaniverse has lowered the barrier to entry for creators and developers looking to experiment with and implement Gaussian Splats in their projects. Butko highlighted how Scaniverse’s streamlined workflow and intuitive interface have helped accelerate GS adoption across various industries, particularly in augmented reality applications.

Additionally, Michael Rubloff from Radiance Fields discussed how radiance field assets align with game engine physics, demonstrating integration with platforms like Unity and Unreal Engine. Nemanja Bartolovic and Ashish Singh from Meta (Cloud-AI, RL) highlighted their work optimizing GS for mobile GPU architectures, focusing on techniques to reduce memory bandwidth usage and enhance performance in resource-constrained environments like the Meta Quest. Nicolas Moenne-Loccoz from NVIDIA presented strategies for decoupling 3D Gaussians from specific rendering techniques, allowing for greater flexibility in how splats are visualized across different platforms and devices.These examples underscored GS’s ability to support high-quality visuals, efficient rendering across platforms, and adaptability for various industries, including journalism, augmented reality, and digital entertainment.

GS on the Web

3D image of inside of a church3D image of inside of a church

The town hall also dove deep into GS web applications, highlighting its versatility for real-time use cases. Will Eastcott from PlayCanvas demonstrated how GS enhances real-time collaboration by enabling dynamic virtual spaces for education and remote work, where users can interact seamlessly within rich, interactive 3D environments. Cedric Guillemet from Microsoft showcased how GS improves the efficiency of rendering complex web-based scenes, making it possible to achieve high levels of detail without compromising performance. Thomas Richter-Trummer from Arrival.Space presented real-world applications where GS allowed for the scalable display of large 3D datasets directly in browsers, significantly reducing load times. Yoshiharu Sato from Waldek Technologies explored how GS supports immersive web applications, focusing on its ability to handle intricate data structures while maintaining smooth user experiences.

Despite these advancements, the presenters acknowledged challenges such as optimizing data compression techniques and ensuring consistent performance across different browsers. Ongoing collaboration within the community aims to address these hurdles and refine GS’s integration with web technologies.

Geospatial and Digital Twins

In geospatial and digital twin contexts, GS supports precise, high-resolution mapping, allowing for detailed representations of physical environments. Renaud Keriven from Bentley Systems demonstrated how GS could accurately capture and visualize complex infrastructure projects, including fine details like power lines, wires, or telecom towers, reducing the time needed for site assessments. The acquisition and processing of GS are more flexible than traditional photogrammetry. Data can be captured using anything from a simple smartphone video to georeferenced drone or aerial imagery. Processing ranges from a quick draft reconstruction to a more computationally expensive but high-quality, large-scale reconstruction.

3D models of electrical tower and power station made from Gaussian splatting3D models of electrical tower and power station made from Gaussian splatting

Jason Sobotka from Cesium illustrated its capability in managing large-scale geospatial datasets, showcasing a real-time urban environment visualization that integrated dynamic traffic data seamlessly. This efficiency in data visualization makes it easier to interpret complex datasets, particularly in industries like urban planning and environmental monitoring.

Ladislav Horký from Hexagon discussed how meshes and point clouds could be used together, taking advantage of both the visual fidelity of a mesh and the fine structural details of a point cloud. His presentation demonstrated how point clouds can enable smoother performance and real-time data integration to enhance the responsiveness of digital twins.

3D image of large residential building using Gaussian splats3D image of large residential building using Gaussian splats

Despite these benefits, challenges persist. Konrad Wenzel from Esri noted difficulties in standardizing coordinate systems across different platforms, while Jean-Philippe Pons pointed out the complexities in managing the vast amounts of data generated, both of which require further exploration and innovative solutions.

Are Gaussian Splats Standardization Ready?

The town hall revealed diverse perspectives on whether the industry is ready for GS standards. Pro-standardization voices advocated for leveraging existing frameworks like glTF to streamline GS adoption while maintaining flexibility. For instance, presenters from Cesium and NVIDIA highlighted how integrating GS with glTF could simplify workflows for digital twins and 3D mapping applications, enabling seamless data exchange across platforms.

Scott Simons from OGC offered a guiding principle during the global Q&A session: “The best way to standardize problems is really to find discrete pieces of those problems and solve them as those need to be solved.” In other words, stay niche. Simons suggested leveraging existing standards such as glTF that already address core aspects of GS use cases and building out extensions to address tailored user needs. This insight set the stage for a discussion on the right way to implement standards without overreaching.

Many participants suggested that glTF could play a pivotal role in future GS standardization efforts, potentially serving as a container or extension framework. Several speakers highlighted how 3D Tiles, a spatial data structure built on glTF, could enable streaming of massive GS-based scenes. Jason Sobotka from Cesium illustrated how 3D Tiles efficiently manages large-scale geospatial datasets, ensuring optimized delivery of high-resolution data in real-time applications. Konrad Wenzel from Esri reinforced this perspective, explaining how 3D Tiles’ hierarchical level-of-detail system allows GS to be integrated seamlessly into existing geospatial pipelines. Arrival.space also demonstrated how GS assets could be embedded within glTF files to enhance web-based 3D experiences without sacrificing performance or flexibility. These discussions further indicate that glTF, through its connection with 3D Tiles, may serve as a strong foundation for GS standardization, enabling interoperability and scalability across industries.

In addition, Niantic’s presentation introduced their open-source SPZ format for GS and proposed that SPZ could potentially become a glTF extension, following a path similar to Google’s Draco compression. They explained that SPZ is designed to efficiently store and transmit Gaussian Splats, making it a strong candidate for standardization. By leveraging glTF as an extension framework, Niantic suggested that SPZ could achieve rendering efficiencies, overcome challenges with interactivity, and build out metadata like view ranges to improve usability. Their proposal highlights how targeted extensions within established standards can provide practical solutions without overcomplicating the broader ecosystem.

Introducing .spzIntroducing .spz

Niantic's proposalNiantic's proposal

Still, cautionary viewpoints emphasized the risk of stifling innovation if standards are imposed prematurely. Experts from Meta and PlayCanvas cautioned that GS is still evolving rapidly, with diverse experimental implementations that could be restricted by premature standardization.

Back on the pro-standardization camp, one should note that standards development is not a fast process. Getting started might not be such a bad idea and new technologies, which will inevitably arise, can always be incorporated.

Join the GS Conversation

The town hall demonstrated that the conversation around GS is far from over. Indeed, discussion continues on the event’s dedicated Discord, and the town hall will reconvene on March 5 at 9:30 AM PST.

If you’re interested in following the debate and weighing in, join the dedicated conversation on the Metaverse Standards Forum Discord. Members and non-members are welcome: by adding your voice, you can help ensure the industry hits the standardization sweet spot for this critical emerging technology.

Metaverse Standards Forum Gaussian Splats Town Hall Part 1 Speakers:

Hosts

Patrick Cozzi, Chief Platform Officer, Bentley SystemsAlexey Medvedev, AR Tech Lead at Meta and Chair of the Khronos 3D Formats Working Group

Presenters

Foundations

Michael Rubloff, Founder and Managing Editor, Radiance Fields
Aras Pranckevičius, Programmer
A.J. Chavar, Creative Strategist & Nick Bartzokas, Senior Software Engineer – R&D The New York Times

Momentum

Nicholas Butko, Senior Director, Engineering, Niantic, Inc.
Nemanja Bartolovic, Software Engineer & Ashish Singh, Product Management, Cloud-AI, RL-Meta
Nicolas Moenne-Loccoz, Principal Research Engineer, ADLR, NVIDIA

Web

Will Eastcott, CEO & Co-founder, PlayCanvas
Cedric Guillemet, Senior Software Development Engineer, Microsoft
Thomas Richter-Trummer, Co-Founder & CTO, Arrival.Space
Yoshiharu Sato, Founder & CTO, Waldek Technologies

Geospatial & Digital Twins

Renaud Keriven, Distinguished Engineer, Bentley Systems
Jason Sobotka, Software Engineer, Cesium
Ladislav Horký, CTO at Melown Technologies, Hexagon
Konrad Wenzel, Director, Stuttgart R&D Center and Jean-Philippe Pons, Sr. Principal Software Development Engineer, Esri
Takayuki Murayama, Senior Director & Talha Khalid, Global Development Manager, EARTHBRAIN
Emeric Beaufays, Geospatial and 3D Specialist, Founder & Software Engineer, JDULTRA



Source link

Everything You Need to Know About the $WC Token Airdrop | NFT News Today

Everything You Need to Know About the $WC Token Airdrop | NFT News Today


$WC token airdrop is creating excitement among blockchain gaming fans. Wildcard, a player-versus-player collectible card game MOBA from Playful Studios, has combined fast-paced action with blockchain-based ownership. It runs on the Polygon network, which allows gamers to forge unique trading cards and battle in dynamic matches. This style draws in those who enjoy engaging gameplay, and the new $WC token has only added to the excitement.

Inside the $WC Token Airdrop

The total supply of $WC tokens stands at 88,888,888. Wildcard allocated 20% of those, equal to 17.8 million tokens, as part of the initial airdrop. That share rewards players who’ve supported the game from its early stages. All holders of Wildpasses, collectors, contributors, and players who engaged with Wildcard’s activities over the past two years received special consideration. Leaderboard placements, Flair sets, and overall community engagement also factored in.

A snapshot taken on March 10, 2025, determined airdrop eligibility by examining both on-chain and off-chain data. This approach gave early supporters a fair shot at receiving $WC. Anyone who wants to see if they qualified can check Wildcard’s official channels for news and instructions. Since the tokens remain “airlocked” for now, they’re not tradable yet. Plans for exchanges will be revealed once the distribution phase ends, which could take several months.

Players can look forward to $WC playing a large part in Wildcard’s in-game economy. Owners may be able to use tokens for future purchases or perks, although official details are still developing. Additional features could include staking, special in-game benefits, or marketplace exchanges for unique cards. Fans should keep an eye on updates and announcements from the team as the project advances.

A Community-Driven Token

This airdrop shows how serious the game is about the community. The entire token supply goes to players, collectors and other supporters. No tokens have been reserved for the development team, founders, investors or advisors. Meaning the community controls the full supply, a level playing field. Paradigm, a major backer of Wildcard, backs this vision and has provided significant funding to fuel the long-term goals.

Curious fans should stay tuned by following Wildcard’s official site and socials. More info on the token utility and exchange listings will be announced as the $WC token airdrop continues. Keep up with those announcements so you don’t miss out on any new opportunities or updates on how to use your tokens in the Wildcard ecosystem. This is an opportunity for players to join a decentralized experience and dive into a fast paced fantasy world of collectible cards and strategic battles. It’s a fun way to game and own blockchain.



Source link

Trump’s Crypto Summit Recap: Key Moments, Reactions, and Expert Opinions

Trump’s Crypto Summit Recap: Key Moments, Reactions, and Expert Opinions


In Brief

Trump’s Crypto Summit unveiled plans for a Strategic Bitcoin Reserve, signaled a shift in U.S. crypto policy, and garnered mixed reactions from industry leaders regarding the inclusion of multiple cryptocurrencies and concerns over its long-term impact.

Trump’s Crypto Summit Recap: Key Moments, Reactions, and Expert Opinions

In a landmark move for the crypto industry, former President Donald Trump hosted a high-profile summit with digital asset leaders, signaling a shift in U.S. policy. The event underscored his administration’s intention to undo many of the regulatory measures introduced under President Biden. 

Trump used the meeting to underline his dedication to make the U.S. “the crypto capital of the world” and undoing the Biden government’s tight rules on the industry as crypto companies become a major influence in political contributions for the 2024 election.

Establishing the Bitcoin Reserve 

Through an executive order on Thursday, just before convening a crypto meeting at the White House, President Donald Trump created a Strategic Bitcoin Reserve and a cache of other digital assets.

President Donald Trump established a Strategic Bitcoin Reserve via an executive order released on Thursday, therefore signifying a significant legislative change towards digital assets. The Treasury Department will oversee the reserve, which will be funded with Bitcoin (BTC) seized in criminal and civil forfeiture cases.

The order highlighted Bitcoin’s status as the “original cryptocurrency” and emphasized the “strategic advantage” of accumulating BTC due to its fixed supply. Additionally, a U.S. Digital Asset Stockpile was established to manage other tokens. 

However, Trump’s social media post revealing plans to stockpile Bitcoin, Ethereum, and three other tokens sparked backlash from the crypto community.

Crypto Leaders at The Digital Asset Summit

Trump’s summit brought together key industry figures, including Michael Saylor (MicroStrategy), Brian Armstrong (Coinbase), Cameron and Tyler Winklevoss, and David Bailey. 

Also in attendance was Zach Witkoff, co-founder of Trump’s own crypto venture, World Liberty Financial. The event featured top officials, lawmakers, and influential investors in the sector.

What Went on at The Digital Asset Summit

Former President Trump swept the elite of the crypto sector at the innovative Digital Asset Summit, presenting his ideas for a government-backed digital assets stockpile.

A key highlight was Trump’s push for a strategic reserve of Bitcoin, formalized through an executive order issued just before the summit. The order also outlined plans for a broader reserve of other digital assets.

Trump underlined that Bitcoin obtained via criminal and civil asset forfeitures will back the reserve, therefore guaranteeing no expense on to taxpayers.

“We don’t want any cost to the taxpayers,” he stated, reinforcing his stance on minimizing government expenses.

White House crypto czar David Sacks also expressed a similar opinion, verifying that budget-neutral approaches will be used throughout reserve building. But his comments let down some market players who had anticipated a more definite strategy for acquiring fresh tokens.

The effect of the meeting was evident in the market because the price of Bitcoin dropped to $85,521 after the announcement. Though specifics on how the reserve would run are lacking, the event highlighted Trump’s continuous support of the digital asset sector and its expansion forward.

Many at the event, including legislators and business executives, commended the government for encouraging creativity and opening legal routes for cryptocurrency.

Mixed Reactions from Industry Leaders

Leaders in the sector expressed gratitude for the meeting and complimented Trump and his staff for fostering a more cooperative climate. Many believed that the government’s transparency was an important shift after years of being “under attack” for concerns of security and consumer protection.

Following the meeting, the Office of the Comptroller of the Currency confirmed that U.S. banks would no longer have to obtain particular regulatory clearance to participate in certain crypto-related activities, therefore facilitating the adoption of digital assets by the financial industry.

However, some concerns emerged. JP Richardson, CEO of Exodus, pointed out that the proposed strategic reserve could be a “big point of contention,” particularly regarding the inclusion of coins other than Bitcoin. 

Although he owns some of the suggested tokens, Richardson argued they did not belong in the reserve, as they posed a higher risk and operated in a “very different way.”

Les Borsai, co-founder of Wave Digital Assets, noted that for the first time, many industry leaders felt they were entering a “collaborative discussion” despite not being invited.

The Reserve Expanding Beyond Bitcoin

Ripple CEO Brad Garlinghouse commended Trump for recognizing that the scope of cryptocurrencies goes beyond just Bitcoin. Linked to Ripple, XRP is one of the four other cryptocurrencies Trump said may be included into the proposed reserve.

While JP Richardson highlighted that the crypto industry is still “relatively nascent,” he expressed concerns about adding smaller coins that might pose more “risk.”

Brian Armstrong, CEO of Coinbase, agreed that a Bitcoin-only reserve was likely “the best option.” Both Richardson and Armstrong were present at the summit, where these differing viewpoints emerged.

Ending The War on Crypto

Scott Bessent, Treasury Secretary, stated that the Trump administration would put an end to the “regulatory weaponization” against digital assets. 

He emphasized that the U.S. must lead in digital asset strategy to stay ahead in the global digital economy. 

Bessent also reassured that, with stablecoins serving a supporting function, the U.S. dollar would remain the principal reserve currency used worldwide.

Trump has fundamentally changed federal crypto policy since becoming office; the Securities and Exchange Commission (SEC) has reversed the strict laws of the previous government, including dropping investigations and lawsuits against big companies like Coinbase and Kraken.

Some Causes for Concern

While the summit highlighted a new approach to crypto, some investors were left wanting more. After the meeting, bitcoin saw a 4% drop, ending the week down 8%. The main source of unease was David Sacks, the White House’s crypto czar, declaring the establishment of a “strategic bitcoin reserve,” but with no imminent intentions for more crypto purchases.

The decisions Trump made about which cryptocurrencies to include—Bitcoin, Ethereum, and others—generated controversy within the community. Concerns about the government ending up “picking winners and losers” among cryptocurrencies arose.

Jeff Park, from the investment group Bitwise, echoed this sentiment, labeling the executive order as an “imperfect outcome.” He pointed out that an executive order, without broader legislative support, might not have the lasting impact many in the industry hoped for. As he pointed out, without the backing of collective legislation, such orders are unlikely to spark the transformative changes that many investors anticipated.

Can Crypto Give the U.S. Financial Leadership Worldwide?

For Sergey Nazarov, co-founder of Chainlink, the critical issue is how the U.S. can leverage blockchain technology to maintain its global financial dominance. Nazarov emphasized that global leadership in finance is defined by “assets,” particularly those that the U.S. generates and can be repackaged for others. 

He argued that tokenizing major financial markets, such as treasuries, investment funds, and real estate, is essential. Nazarov views this as the next significant financial shift, comparable to the transition from paper-based markets to internet-based financial products, and believes it will shape the next 50 years of finance.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

More articles


Victoria d’Este










Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.



Source link

Building Smarter DApps: The Vara Network Advantage

Building Smarter DApps: The Vara Network Advantage


In Brief

Vara is a Substrate-based, high-performance, Layer-1 decentralized network powered by Gear Protocol and utilizing NPoS, Vara aims to enhance Web3 development by providing a scalable and efficient platform for dApps.

Building Smarter DApps: The Vara Network Advantage

Vara Network, a stand-alone layer-1 decentralized network, is designed to offer an environment to simplify the development and execution of decentralized applications. Built on top of Gear Protocol, the network accommodates developers who wish to use conventional languages compiled into WebAssembly. Its design focuses on creating a secure and scalable layer-1 system that supports an inclusive ecosystem for dApp creation.

A New Chapter in dApp Development

Vara’s goal is to ignite the next generation of decentralized apps. The network’s design bridges standard application development processes with decentralized technology, making it easier for developers to move and innovate. Its approach is based on a robust programming framework that supports WebAssembly, which enables developers to develop and build code in popular languages such as Rust.

This method reduces the barrier for developers moving from traditional programming environments to blockchain-based solutions. Vara’s objective is to lower development complexity while expanding the range of applications—from gaming and banking to real-world asset management and digital identities.

Advanced dApp Development Features

Vara Network is a standalone Layer-1 decentralized network built on Substrate’s Gear Protocol. This design provides flexibility, scalability, and compatibility, allowing the network to evolve alongside Web3. The architecture leverages the Actor Model, which views each program as an independent actor, avoiding shared state and allowing for simultaneous processing to facilitate decentralized application development. The design eliminates the requirement for a mempool and provides gasless execution, allowing users to avoid prepaying transaction fees.

Smart contracts are compiled into WebAssembly, a fast, portable binary format, and deployed as autonomous actors that communicate via encrypted messaging, ensuring isolated and dependable operations. These contracts benefit from parallel execution and asynchronous features, providing more scalability and performance than Solidity-based systems.

Vara distinguishes itself with gasless and signless transactions, which let applications to control their own execution budgets.  This gives developers precise control over resource allocation while removing user hurdles.  Signless interactions, in particular, make it easier to complete common tasks by eliminating the requirement for manual permission.

 Vara’s persistent memory approach saves a program’s whole state on-chain.  This feature simplifies state management and allows sophisticated structures such as boxed closures and memory virtualization, resulting in consistent performance in data-dependent applications.  Vara’s architecture supports concurrent processing, prevents congestion, and provides reliable performance for high-demand decentralized solutions via message-based communication and separated memory areas.

Gear.exe – High-Performance Computation Engine for Ethereum

Gear.exe is a decentralized compute network designed to enhance Ethereum dApp performance by providing parallel processing and increased computational capacity. It delivers up to 1000x increased compute capacity, lower transaction costs, and sub-second latency. Developers can build in Rust and use the gas reverse model for zero-fee transactions. Unlike L2 solutions, Gear.exe does not produce blocks but enhances computation efficiency through direct and event-based integration with Ethereum.

Gear.exe leverages Vara validators and staking mechanisms. Wrapped VARA tokens are required for staking and operator selection, ensuring security and stability. Existing Vara validators can run Gear.exe nodes, expanding their participation while benefiting from the network’s compute capacity.

Developers can use Gear.exe to handle intensive workloads in DeFi, gaming, AI, and zero-knowledge computations. Infrastructure providers like oracles can also optimize their data transfer services through Gear.exe.

Documentation and Developer Engagement

Vara Network strongly emphasizes education and community support. Its documentation portal is the primary resource for anyone interested in exploring the platform’s capabilities. The portal offers comprehensive guides, API references, and technical overviews that explain how to set up a node, deploy smart contracts, or participate as a validator or nominator.

Developers can also access detailed instructions on building decentralized applications with the Gear Protocol, benefiting from examples demonstrating the use of Built-In Actors, automation via delayed messages, and the implementation of gasless and signless transactions. This repository of information is continually updated to reflect the latest advancements and best practices, ensuring that new and experienced developers have the tools they need to create innovative applications.

Vara Network prioritizes a seamless development experience by offering tools tailored to improve dApp creation. It supports multi-language smart contract development, including Rust and AssemblyScript, welcoming developers from diverse technical backgrounds. The Sails Library enhances this process by auto-generating client code in Rust, minimizing repetitive tasks, and accelerating project timelines. 

Additionally, Gear Idea, a browser-based tool, allows developers to deploy smart contracts effortlessly, enabling rapid testing and launching of applications with minimal barriers. These features, paired with comprehensive documentation and a focus on accessibility, make Vara an inviting platform for experienced blockchain developers and newcomers eager to explore Web3. 

Applications and Use Cases

Vara Network facilitates various real-world applications, demonstrating its versatility and power. 

It fully supports on-chain logic in gaming, reducing dependence on centralized servers and enabling truly decentralized gameplay. Signless transactions facilitate automated actions, and gasless interactions ensure a smooth player experience. Titles like Web3 Warriors Battle, a strategic PvP game, showcase this potential by leveraging delayed messaging and gas reservations for dynamic on-chain mechanics. 

In decentralized finance (DeFi), Vara offers a scalable and efficient platform where gasless execution eliminates transaction costs, broadening access to financial tools; projects like BrainDex, decentralized exchanges built on Vara, highlight optimized routing and cross-chain trading capabilities, underscoring the network’s DeFi strengths. 

Vara’s tokenization support makes it an attractive option for projects that digitize real-world assets. Additionally, its low latency and effective memory management make it suitable for applications in supply chain management and verifiable documentation, including academic records and digital identities.

Comparison with Competing Solutions

Several platforms aim for high throughput and efficient processing, yet each follows a distinct approach. Aptos, Sui, Monad, and Sei each take a unique approach to parallel execution and scalability. 

Aptos adopts an object-centric data model with the Move language to optimize parallel processing and increase throughput. Sui also utilizes Move but emphasizes processing independent objects concurrently, which boosts overall efficiency. Monad, designed for Ethereum developers, offers an EVM-compatible architecture focusing on high transactions per second through a reimagined blockchain design. Sei caters specifically to trading and financial applications, optimizing its infrastructure for low-latency execution and efficient order matching.

Vara Network adopts an Actor Model, where every program functions as an independent actor with its own isolated memory. This design supports asynchronous messaging and parallel processing without shared state, ensuring robust isolation and efficient handling of simultaneous operations. Furthermore, gasless and signless transactions in Vara reduce user obstacles by letting programs manage their own execution budgets, while a persistent memory model records complete on-chain state to support advanced programming constructs.  

Community, Support, and Future Outlook

Vara Network thrives on its vibrant developer community, supported by the Gear Foundation’s grants and initiatives that foster innovation and collaboration. Events like Varathon and resources such as Gear House Gaming provide platforms for builders to experiment, learn, and showcase their work, strengthening the ecosystem’s foundation. Extensive documentation and active support channels ensure developers have the tools and guidance they need to succeed. 

Vara’s combination of advanced technology, practical applications, and community-driven growth positions it to influence Web3. It offers a scalable, secure, and accessible platform that empowers the next generation of dApps.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

More articles


Victoria d’Este










Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.



Source link

Sogni Enhances Creative Economy With Advanced AI And Web3 Integrations

Sogni Enhances Creative Economy With Advanced AI And Web3 Integrations


In Brief

Sogni has introduced SwipeFlow, Batch AI Generation, and integrated with Web3, CMS, NFTs, and marketplaces to enhance creative workflows and digital ecosystem integration.

Sogni Enhances Creative Economy With Advanced AI And Web3 Integrations

Creative AI Decentralized Physical Infrastructure Network (DePIN) protocol, Sogni announced new expansions aimed at transforming the creative economy. 

Key updates include SwipeFlow, an AI image review experience that allows for instant navigation of AI-generated images with no loading delays, providing a smoother creative workflow. Additionally, the protocol now supports Batch AI Generation, enabling users to produce up to 16 images simultaneously, thus streamlining the iteration process and enhancing workflow efficiency. Finally, Sogni has integrated AI-powered tools for Web3 platforms, content management system (CMS) solutions, non-fungible token (NFT) projects, and Web3 marketplaces, further expanding its reach and usability across digital ecosystems.

Sogni is redefining the landscape of AI-driven creativity by providing a decentralized and privacy-conscious alternative to traditional corporate AI platforms. Aimed at artists, developers, and Web3 innovators, it integrates generative AI with blockchain technology and a DePIN, giving users complete creative control without the constraints of censorship, hidden fees, or corporate oversight.

The Sogni Supernet, a globally distributed AI compute network, allows creators to generate high-quality visuals, develop AI-driven applications, and monetize their work in a transparent and open environment. This DePIN-powered network offers fast and efficient AI rendering, bypassing the need for centralized cloud providers. It provides AI rendering speeds that are 176 times faster by utilizing distributed GPU power, ensures there are no hidden cloud fees, making AI compute costs predictable, and maintains a privacy-first approach, safeguarding user data. With the Supernet, the limitations imposed by costly centralized infrastructures are eliminated, enabling a more accessible and efficient AI-powered creative process.

Sogni AI: Empowering Artists, Developers, And Web3 Innovators

With Sogni AI, artists have the ability to generate AI-assisted artwork while retaining full control over their creative process. The platform offers advanced AI-enhanced composition tools, such as Guide Image and ControlNet, to help ensure precise and thoughtful design. Additionally, creators can work freely without concerns about watermarking or content restrictions, allowing for an unrestricted creative experience. Sogni is designed to integrate smoothly with existing creative workflows, positioning AI as a collaborative tool rather than a fully automated solution.

For developers, the Supernet SDK enables the integration of AI-generated assets, decentralized GPU computing, and blockchain-based authentication into their applications. This opens up opportunities for creating AI-powered NFT marketplaces, where content can be verified and tokenized on-chain. It also supports decentralized AI processing, making scalable compute power available for applications that require it. The platform provides open-source integrations with tools like Automatic1111 and ComfyUI, fostering a developer-friendly infrastructure that encourages transparent, community-driven innovation for Web3 applications.

In contrast to most AI ecosystems, where users create content without sharing in the profits, Sogni AI challenges this structure by ensuring that creators and contributors are fairly compensated. The platform offers SOGNI token incentives for contributions, whether for GPU usage or AI-generated content creation. Sogni also supports decentralized creative marketplaces for AI-generated assets, allowing users to buy and sell without centralized control. Furthermore, the platform’s community-driven governance ensures that content guidelines are shaped by the users, not corporate entities. This approach is in line with the foundational principles of Web3: ownership, decentralization, and fair rewards

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles


Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








More articles



Source link

Impossible Cloud Network Node Sale Ends Tomorrow: Final Opportunity To Participate And Support Network Development

Impossible Cloud Network Node Sale Ends Tomorrow: Final Opportunity To Participate And Support Network Development


In Brief

Impossible Cloud Network has announced that its Node Sale will close tomorrow, March 12th, and encouraged interested participants to join. 

Impossible Cloud Network Node Sale Ends Tomorrow: Final Opportunity To Participate And Support Network Development

Decentralized cloud platform Impossible Cloud Network (ICN) has announced that its Node Sale will close tomorrow, March 12th, and encourages interested participants to join before the sale ends. 

As of now, ICN has sold over 28,000 nodes, generating a total of $12 million in funding. According to the platform, the upcoming months are expected to bring more developments, and participating in this provides users with a chance to contribute to ICN’s growth. 

Setting up and running a node does not require advanced technical skills. For those seeking a more streamlined experience, Node-as-a-Service (NaaS) providers within the ICN ecosystem, such as EaseFlow, offer management solutions to handle the technical aspects. Once the mainnet launches—currently projected for the end of Q1—users will be able to activate the nodes.

Initially, 100,000 nodes were made available for sale. Each purchase includes a non-transferable non-fungible token (NFT), which is sent directly to the buyer’s wallet.

There are minimal requirements for participating beyond completing the KYC verification. However, to join the whitelist sale, buyers must complete a registration process.

HyperNode Responsibilities, Incentives, And Rewards

HyperNodes play a vital role in the operation of the ICN by overseeing the performance of Hardware Providers (HPs) and ensuring they adhere to the standards outlined in the Service Level Agreements (SLAs). Their primary function is to continuously evaluate whether HPs meet the network’s operational requirements. This includes verifying uptime to confirm that HPs remain active and accessible and assessing performance to ensure that the quality and speed of services are maintained as expected. By carrying out these responsibilities, HyperNodes contribute to the overall reliability of the network, helping to ensure that HPs fulfill their commitments to service providers.  

In order to encourage consistent monitoring and performance, HyperNodes receive ICNT token rewards. These incentives are designed to promote active participation and long-term engagement. However, to maintain accountability, penalties may be imposed for non-compliance. If a HyperNode fails to meet its obligations, the duration of its associated ICN Links may be reduced, which can affect its standing within the network.  

The rewards system for HyperNodes is structured to provide compensation through ICNT tokens allocated from the Node Sale token pool. The distribution follows a front-loaded model, meaning that a larger portion of the total rewards is provided in the early stages. This approach is intended to motivate early participation and ensure that monitoring duties are effectively fulfilled from the start. The rewards are issued over a 48-month period, with a higher percentage allocated at the beginning. Specifically, 18.4% of the total reward is distributed in the first month. From the second month onward, the percentage gradually declines from 3.40% to 0.43% by the 48th month. These rewards are directly tied to a HyperNode’s ability to meet its monitoring obligations. If a node does not comply with its responsibilities, its rewards may be reduced, and the duration of its ICN Link may be shortened.  

As outlined in the sale structure, the initial token supply for the ICN ecosystem is set at 700,000,000 tokens. Of this total supply, 20% has been allocated specifically for buyers participating in the Node Sale, providing them with a dedicated share of the ecosystem’s resources. Additionally, a separate pool of 140,000,000 tokens has been designated for node rewards, which will be distributed as incentives for node operators over time.

The ICN utilizes blockchain technology to provide enterprise-grade cloud services. Developed as an alternative to traditional cloud providers, ICN offers scalable, secure, and efficient solutions by linking hardware providers with cloud services while ensuring high-performance standards through SLA oracle nodes.  

The ICN protocol operates by sourcing cloud resources from a decentralized network of hardware providers that meet enterprise-grade performance standards. These resources are then made available to service providers, who can access them in exchange for rewards. To uphold the integrity of the network, SLA oracle nodes play a crucial role in verifying and enforcing the availability of hardware providers. This system helps protect service providers by ensuring that they do not rely on underperforming hardware resources, ultimately contributing to the overall stability and efficiency of the network.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles


Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








More articles





Source link

SKALE’s Vision for a Scalable and Accessible Future

SKALE’s Vision for a Scalable and Accessible Future


In Brief

SKALE’s gas-free, high-performance blockchain is revolutionizing Web3 by enhancing scalability, accessibility, and adoption across gaming, AI, and DeFi while eliminating barriers for developers and users.

SKALE’s Vision for a Scalable and Accessible Future

Scalability and accessibility remain critical challenges for developers and users of Web3. SKALE, a leading blockchain network, is tackling these issues head-on with its gas-free, high-performance infrastructure. In this interview, we sit down with Andrew Saunders, Chief Growth and Marketing Officer at SKALE, to discuss the latest innovations, trends, and opportunities shaping the future of Web3.

Andrew shares insights on SKALE’s groundbreaking partnership with Unity, the role of AI in blockchain development, and how eliminating gas fees is transforming industries like gaming and DeFi. He also sheds light on the biggest pain points for Web3 developers, upcoming features in SKALE’s roadmap, and his vision for the blockchain ecosystem in the next five years. 

What are some of the most exciting developer tools or SDKs available for those looking to build on SKALE?

One of the tools I’m most excited about is the Unity SDK. SKALE is actually the only blockchain that has a formal partnership with Unity. In a way, we incubate Web3 games together on an annual basis. 

SKALE’s integration with Unity really empowers game developers to build and scale games without gas fees while leveraging best-in-class tools. When we think about top-tier blockchain gaming, not every component of a game needs to be on-chain. Unity, as one of the best gaming engines, enables incredible gaming experiences that are both fun and entertaining.

What’s the most exciting dApp built on SKALE right now?

While SKALE is widely known as a leading gaming blockchain, we also have a robust AI ecosystem. One of the dApps I’m particularly excited about is called Exorde. Unlike many AI dApps in the Web3 space, we actually have AI dApps that are building fully on-chain. Exorde is a decentralized information marketplace that scans and analyzes global public data sources, such as news and social forums. 

It performs real-time data processing, collecting global information in a decentralized manner while eliminating censorship and bias. It also provides AI-driven insights, using machine learning to detect sentiment, trends, and even misinformation in real time. Thanks to SKALE’s zero-fee model, Exorde can run complex data processing and frequent transactions on-chain at no cost, making it highly scalable and efficient. In fact, Exorde has its own dedicated chain on SKALE.

SKALE focuses heavily on eliminating gas fees. How does this impact industries like Web3 gaming?

One of the key advantages of Web2 is the ability to create familiar and user-friendly front-end experiences. Blockchain, on the other hand, still presents a lot of friction and barriers to entry, such as setting up wallets and processing transactions. With SKALE, being gas-free allows us to effectively hide the complexity of blockchain technology. 

That’s why we call ourselves the “gas-free invisible blockchain.” For game developers, this is a game-changer. Many developers use Unity’s engine to build games that are distributed on platforms like the Epic Games Store, where players can simply download and start playing—without the usual Web3 barriers like setting up wallets or worrying about transaction fees.

What are some of the biggest pain points Web3 developers face today?

One of the biggest challenges is user onboarding. There is still significant friction for the average user when entering the crypto space. SKALE’s gas-free model not only benefits developers by eliminating high and unpredictable costs but also allows them to create seamless, invisible experiences that make onboarding much easier. 

Another major pain point is scalability. SKALE is a high-throughput blockchain, meaning that if a dApp has 10,000 users today but expects to grow to 20 million users in the future, the network can support that growth without congestion, slow transactions, or lag. Many blockchains that lack high throughput struggle with crashes or long transaction processing times, which isn’t an issue with SKALE.

What’s your take on the role of AI in blockchain development? Do you see SKALE integrating with AI-driven technologies, such as AI agents?

I actually come from the AI and machine learning space at Amazon, so I’ve been working in AI for years. One major development we’ll see is AI-powered smart contracts—models integrated with smart contracts that enable automated, dynamic on-chain decisions. 

Another area is AI-driven NPCs in gaming, which can adapt to a player’s skill level and behavior, creating a more immersive experience. Some of our developers on SKALE are already working on AI-driven NPCs that act more like real players, enhancing the overall gaming experience.

How can non-technical users benefit from SKALE? What are the biggest use cases they should be paying attention to?

First and foremost, SKALE’s gas-free model makes blockchain and crypto much more accessible. We frequently hear from users that SKALE was significantly easier to onboard compared to other blockchains. Gas fees are another major factor. In many parts of the world, gas fees can be a meaningful expense, making blockchain usage less accessible. 

SKALE removes that barrier, making blockchain available to everyone. This impacts various use cases—gaming, DeFi, staking, and NFTs. Players can enjoy games without transaction fees, DeFi users can swap and provide liquidity without paying gas fees, and NFT users can mint and trade assets without additional costs.

What Web3 trends can we expect this year, and how do they differ from last year’s?

AI is becoming a dominant trend, and rightfully so. We’ll see more convergence between AI and blockchain, leading to AI-powered apps and decentralized AI models. Another key trend is mass adoption. Gaming, in particular, has the potential to bring a significant number of users on-chain. 

As regulatory clarity improves, we’ll likely see major gaming studios experimenting with blockchain technology. Additionally, institutional adoption is increasing. More institutions are exploring crypto, and as regulations become clearer, we’ll see even greater participation.

What new features or innovations can the community expect in SKALE’s roadmap this year?

We’ll be launching a new roadmap soon. One of the biggest upcoming developments is SKALE V4, which will introduce significant upgrades. If you look at our previous upgrade, it made SKALE even faster and more cost-efficient. We also plan to expand beyond gaming, exploring new sectors that can benefit both users and developers. Expect some exciting announcements in the near future.

Where do you see SKALE in five years, and how do you think the blockchain ecosystem will evolve by then?

I see SKALE as one of the best consumer-facing blockchains. As more large Web2 businesses look to move on-chain or integrate blockchain elements, SKALE’s gas-free and seamless experience will be highly attractive. Take Amazon, for example—if they wanted to bring their Prime membership program on-chain, SKALE would be the ideal platform because it eliminates friction for users. 

AI-driven blockchain automation will also continue to grow, with more AI agents, predictive smart contracts, and autonomous dApps emerging. Gaming will remain a major driver, and we expect to see more Web2 developers and studios transitioning into Web3. Finally, regulatory clarity will play a crucial role in driving mainstream adoption, helping Web3 become a fundamental part of global commerce, entertainment, and technological infrastructure.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

More articles


Victoria d’Este










Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.



Source link

Bitget’s February 2025 Transparency Report: $20B Daily Trading Volume, Forbes Recognition, And Global Expansion

Bitget’s February 2025 Transparency Report: B Daily Trading Volume, Forbes Recognition, And Global Expansion


In Brief

Bitget’s new Transparency Report highlights its growth, securing a Forbes ranking as a top trusted exchange, achieving a $20 billion daily trading volume, expanding under EU regulations with a new VASP license, and more.

Bitget’s February 2025 Transparency Report: $20B Daily Trading Volume, Forbes Recognition, And Global Expansion

Cryptocurrency exchange Bitget announced that it has released its February 2025 transparency report, highlighting its ongoing growth and recognition within the cryptocurrency industry. The platform’s expansion has been driven by innovation, strategic decisions, and a strong demand for trustworthy services.

In February, Bitget ranked #8 on Forbes’ list of Top Trusted Crypto Exchanges, reaffirming its commitment to security and transparency. This recognition is a result of Bitget’s consistent efforts to build a secure and reliable platform for users. The company also made strides in expanding its global presence by obtaining the Virtual Asset Service Provider (VASP) license in Bulgaria, allowing it to operate under the European Union’s MiCA regulatory framework.

In addition to these accomplishments, Bitget rewarded its employees with a record $70 million in bonuses, reflecting the company’s growth and the team’s role in driving this success. The platform also launched a new round of Bitget Builders, led by COO Vugar Usi Zade, further emphasizing its commitment to community-driven innovation.

February also saw a major hack in the cryptocurrency industry, with Bybit losing $1.5 billion. In response, Bitget demonstrated solidarity by providing funds to assist with Bybit’s withdrawal process. The platform remains focused on reinforcing trust through strong security measures and industry collaboration.

Bitget’s user base now exceeds 100 million globally, with a daily trading volume of $20 billion, marking notable engagement in both spot and futures markets. The platform maintains a Protection Fund of $600 million to ensure a secure trading environment for its users. Additionally, Bitget introduced several new features, such as integration with Callpay for South African users to make ZAR deposits, a USDT staking program, and BGB on-chain staking. 

The company also received recognition for its liquidity management, ranking highly in a study examining how centralized exchange liquidity affects user experience. Bitget has further focused on improving its hiring practices by publishing a report on its AI-powered recruitment initiatives.

In terms of corporate social responsibility, Bitget launched the Bitget Graduate Program, aimed at nurturing the next generation of web3 talent. With its continued strategic advancements, regulatory compliance efforts, and user-driven innovation, Bitget remains dedicated to accelerating the growth of the global cryptocurrency ecosystem while fostering a secure, transparent, and inclusive environment for users worldwide.

Bitget: Leading Global Crypto Exchange Empowering Over 100M Users With Smart Trading Solutions

Bitget is a prominent cryptocurrency exchange and Web3 platform, serving more than 100 million users across over 150 countries and regions. The exchange aims to empower users with smarter trading tools, including its innovative copy trading feature and various other trading solutions, while providing real-time access to prices of Bitcoin, Ethereum, and other cryptocurrencies. 

Recently, Bitget launched the Blockchain4Her Mentorship Program, created to connect aspiring female entrepreneurs in Web3 with experienced mentors who can offer valuable guidance and support.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author


Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles


Alisa Davidson










Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.








More articles



Source link

Popular Posts

My Favorites