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Analysts Remain Bullish on Strategy’s Bitcoin Buying Plans – Decrypt

Analysts Remain Bullish on Strategy’s Bitcoin Buying Plans – Decrypt



In brief

Analysts remain upbeat on Strategy (MSTR) despite it reporting a per-share decline of $16.49 in Q1.
Bernstein and Benchmark both set price targets of $600 per share or more.
MSTR closed up 3.35% on Friday at $394.37 per share.

Equity analysts from investment firms Benchmark and Bernstein reiterated their buy ratings and lofty price targets for Strategy (MSTR), a day after the company said that it had recorded a loss of $5.9 billion on its Bitcoin holdings in its first quarter of 2025. 

The analysts highlighted Strategy’s continued strategy to purchase more Bitcoin, which has become its core business after the company pivoted from software development about five years ago. 

“While the number of companies that have sought to replicate Strategy’s (MSTR) Bitcoin acquisition strategy has continued to grow rapidly, with more than 70 public companies having followed its lead by adding Bitcoin to their balance sheets,” Mark Palmer, Benchmark senior research analyst–fintech and digital assets wrote, “MSTR yesterday issued a reminder of the extent of its first-mover advantage and how its ability to accelerate its accumulation of Bitcoin has continued to increase as its platform has scaled.”

On Thursday, Strategy reported a decline of $16.49 per common share in the first quarter of 2025—a result of Bitcoin’s price plunge during the span. The company has faced the same macroeconomic headwinds afflicting crypto and tech firms more widely, yet in Thursday’s earnings call, it expanded on its initiative to acquire more Bitcoin through stock and fixed income vehicles. 

Strategy, which in 2020 pivoted from software development to focus on accumulating Bitcoin, now owns around 554,000 BTC, valued at roughly $53 billion based on current prices. The company purchased its Bitcoin at an average cost of $68,459, as of April 28.

The Tysons Corner, Virginia-based company is in the latter half of an initiative that it announced last October to purchase $42 billion Bitcoin through these methods, and unveiled a new “42/42 Plan to acquire an additional $42 billion in Bitcoin through 2027, Palmer noted.

“It intends to raise a total of $84 billion of capital ($42 billion in equity and $42 billion in fixed income) through 2027 to fund Bitcoin purchases,” Palmer noted. “MSTR’s audacious $84 billion capital-raising target includes the $42 billion targeted by its initial plan, which is now 65% complete with ~$14.7 billion remaining.”



Benchmark sets a price target of $650 for Strategy shares (MSTR), citing analysis that includes the projected value of the company’s BTC holdings, a 15x multiple of its BTC dollar gain, and the projected value of its software business. 

Shares of Strategy closed up 3.3% on Friday to trade at $394.37, and have risen more than 26% over the past month, with much of those gains occurring in recent weeks. MSTR has spiked more than 36% year-to-date, and came within a dollar of matching its 2025 peak price on Thursday ahead of the earnings report.

Bitcoin was recently trading at about $96,700, roughly flat over the past 24 hours. BTC has climbed 14% over the past month amid an upturn in digital asset markets that recaptured ground lost from January through March. 

“MSTR now trades at 2.13x its net asset value, a level that we view as attractive given the company’s demonstrated ability to create shareholder value through its treasury operations,” Palmer wrote in repeating his buy rating.

Bernstein analysts set a $600 price target for Strategy in their note Friday. The firm spotlighted its addition of $10 billion in Bitcoin and scaling of its “capital program to 42:42 from 21:21.” 

“We continue to like MSTR as the most scalable Bitcoin vehicle tapping into large institutional pools unable to access Bitcoin/spot ETFs,” the analysts wrote, noting that the company continued to trade at a premium to its Bitcoin net asset value. 

“We continue to value Strategy using a sum-of-the-parts approach, combining the enterprise value of its software business and its Bitcoin holdings,” Bernstein wrote.

Edited by Andrew Hayward

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Strider Launches AI-Powered Marketing and Customer Engagement Tools to Support Busy Flower Shop Owners | Web3Wire

Strider Launches AI-Powered Marketing and Customer Engagement Tools to Support Busy Flower Shop Owners | Web3Wire


Wilmington, DE – May 2, 2025 – Strider, a digital marketing company with a long-standing track record of supporting retail florists, has launched a new AI-powered suite of services tailored to the needs of busy florists. These tools are designed to address common challenges in the floral retail industry, including limited staff availability, high customer service expectations, and constant demand for online visibility. By automating time-consuming processes, these tools allow florists to focus more on running their shops, improving operational efficiency and enhancing customer satisfaction.

Image: https://www.globalnewslines.com/uploads/2025/05/92beea02cfba9296babd06e4642a6aec.jpg

The new offering includes:

*AI-Assisted Review Management: Automatically monitors and helps respond to customer reviews to protect and enhance online reputation.

*AI Website Chat Agent: A customizable chatbot trained specifically on each florist’s business to answer website inquiries in real-time.

*AI Phone Agent: A virtual phone assistant that handles overflow and after-hours calls, ensuring customers are always greeted professionally.

*AI Social Media Tools: Helps shop owners maintain a consistent online presence with smart content generation and posting tools.

With over 30 years of experience in florist marketing, Strider is now leveraging artificial intelligence to deliver practical, easy-to-use solutions that help small business owners stay responsive and competitive in an increasingly digital marketplace. The company’s deep understanding of industry-specific needs has shaped the development of this new service line, which aims to provide immediate, practical benefits for time-constrained business owners.

Each AI tool is configured on the florist’s own brand, services, and customer base to ensure relevant and consistent communication across all channels, while reducing the burden of constant online engagement.

“Flower shop owners wear a lot of hats, and many simply don’t have time to manage every online interaction,” said Ryan Freeman, the founder of Strider. “Our goal is to lighten that load while maintaining the high-touch service customers expect. These AI tools are built to be intuitive, cost-effective, and aligned with the specific needs of florists.”

Strider’s newest tools reflect a broader commitment to equipping small retail businesses with the technologies they need to stay competitive. Rather than offering one-size-fits-all software, the company continues to build solutions rooted in decades of industry-specific insight.

To learn more about Strider’s AI-powered services, please visit https://striderseo.com [https://striderseo.com/].Media ContactCompany Name: StriderContact Person: Ryan FreemanEmail: Send Email [http://www.universalpressrelease.com/?pr=strider-launches-aipowered-marketing-and-customer-engagement-tools-to-support-busy-flower-shop-owners]Phone: (800) 314-8895Country: United StatesWebsite: https://striderseo.com/

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This release was published on openPR.

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7 Key Principles for Proof of Reserves

7 Key Principles for Proof of Reserves


Table of Contents

7 Key Principles for Proof of Reserves

1. Onchain Publication 

2. Real-time Visibility into Reserve Changes 

3. Cryptographic Verification 

4. Verification by Independent Parties

5. Proven Verification Infrastructure 

6. Full Coverage of All Asset-Backed Tokens 

7. Proof Requirements for All Custodians and Issuers

Building On the Foundation of Proof of Reserves 

Conclusion 

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Claynosaurz Expands From Solana to Sui With New NFTs, Upcoming Game – Decrypt

Claynosaurz Expands From Solana to Sui With New NFTs, Upcoming Game – Decrypt


In brief

Claynosaurz is expanding from the Solana blockchain to Sui for upcoming features and drops.
A new NFT collection will be minted on Sui, and the chain will support the project’s achievements system.
The upcoming Claynosaurz game will also release on the SuiPlay0X1 handheld device.

Claynosaurz, an NFT-driven entertainment brand that first set up shop on Solana, is expanding to a second blockchain: Sui.

The announcement came during Token2049’s Sui Basecamp event, where Claynosaurz CEO Andrew Pelekis outlined how the team is setting its sights on a broader frontier for interactive digital IP—starting with a series of upcoming launches tied to collectibles, gaming, and community engagement.

The expansion builds on a March reveal that Claynosaurz would use Walrus Protocol—a decentralized storage platform built by core contributors to Sui—as its backend infrastructure of choice. With this foundation in place, Claynosaurz is gearing up to introduce a suite of experiences that tap into Sui’s technology.

“We’re not moving chains—we’re expanding to shape the future of entertainment,” said Pelekis. “Sui offers a scalable, flexible foundation that empowers us to build entertainment products that feel frictionless, immersive, and rewarding—whether you’re a seasoned Web3 user or brand new to NFTs.”

The original Claynosaurz NFTs will remain on Solana, with newer expansions to the project debuting on Sui going forward.

“The Genesis collections will always be on Solana,” said Claynosaurz founder and Co-Creative Director Nicholas Cabana. “That’s their provenance. But for expansionary collections tied to new experiences, we’re doing that with Sui.”

First up is the achievements system, an ecosystem-wide rewards engine that recognizes engagement across gameplay, collecting, and creative contributions. While Claynosaurz’s Solana-based NFTs like the O.G. collection and Saga phone-related assets will still be integrated, the badges themselves will be minted on Sui. The system also includes “soft staking,” letting holders earn rewards from both Solana and Sui assets.

A Claynosaurz Popkins pack. Image: Claynosaurz

This month, Claynosaurz will debut Popkins, a 25,000-character expansion on Sui that introduces a new species into the Clayno universe. Popkins won’t launch via a standard mint. Instead, collectors will purchase themed booster packs containing digital perks like shop discounts and in-game cosmetics.

Each pack includes a chance to catch a Popkin—but it’s not guaranteed.

When you open a pack, the contents will shake loose and there will be either a Popkin in it—meaning you caught one—or otherwise, one of nine collectible species cards.



Later in 2025, Claynosaurz will also roll out its first mobile game for iOS and Android, and eventually the SuiPlay0X1 gaming handheld.

The game promises real-time creature battles and rich world-building, but the blockchain layer will be completely abstracted for casual players, with gameplay designed to appeal to non-Web3 natives users while still integrating Web3 mechanics behind the scenes.

Claynosaurz said the move to Sui is rooted in both technical ambition and community growth, and that the chain will “enable Claynosaurz to craft the most epic and engaging on-chain experience ever” via the combination of storytelling, gameplay, and collectibles.

The full mint mechanics, distribution, and pricing are expected to be revealed soon.

Edited by Andrew Hayward

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DN Miner Experiences Surge in New Users Following XRP Integration, Plans Expansion to Support Additional Digital Assets | Web3Wire

DN Miner Experiences Surge in New Users Following XRP Integration, Plans Expansion to Support Additional Digital Assets | Web3Wire


Shortly after integrating support for XRP cloud mining services, DN Miner is reporting a significant surge in its global user base. The overwhelming response has not only validated the demand for new passive strategies among XRP holders but also accelerated the company’s roadmap to expand cloud mining capabilities beyond XRP and Bitcoin.

With thousands of new users flocking to the platform, DN Miner is preparing to roll out support for additional top-performing cryptocurrencies in the coming months — a move that leadership believes will firmly position the company as a dominant force in the global cloud mining space.

XRP Integration Proves Demand for Innovation in Cloud Mining

DN Miner’s XRP integration was introduced in response to user demand. It enables investors to fund mining contracts with XRP and generate consistent daily mining rewards. The offering, which blends AI-optimized mining operations with an intuitive user experience, has been met with record-breaking registration numbers since its release.

“XRP holders are increasingly looking for smarter ways to put their assets to work, and our solution delivered exactly that,” said Erin Stevens, Executive Director at DN Miner“We saw a sharp increase in sign-ups, contract activations, and user engagement almost immediately. It’s clear the market is hungry for innovation.”

New Assets Coming: A Strategic Move to Capture Market Share

Building on the momentum, DN Miner has confirmed plans to expand its cloud mining support beyond just XRP and Bitcoin. While the full list of upcoming supported assets is still under wraps, the company hinted at prioritizing coins that combine strong investor demand, long-term viability, and mining infrastructure compatibility.

By expanding its cloud mining catalog, DN Miner aims to:

Attract investors holding a wider range of digital assets

Broaden its user base across global crypto communities

Solidify its position as the most forward-thinking cloud mining provider in the market

“Many platforms are still offering the same limited services they were years ago,” added Stevens“At DN Miner, our mission is to stay ahead of the curve — and that means rapidly scaling our offerings to meet investor expectations across the broader digital asset landscape.”

Why Investors Are Switching to DN Miner

The influx of new users has not just been limited to individual retail participants — data shows many are migrating from competing platforms that lack flexibility, innovation, or transparency.

DN Miner’s core value proposition continues to resonate with investors of all levels:

No hardware is required. There is no need for expensive ASICs or GPU rigs—everything is hosted in DN Miner’s secure mining facilities.

Low barrier to entry: Simple registration and funding process using XRP or BTC.

AI-optimized profitability: Proprietary algorithms maximize hash rate and energy efficiency, boosting potential returns.

Daily distributions: Users receive profits every 24 hours with full performance transparency.

Professional-grade security: Industry-standard protocols and regular audits to protect user assets and data.

Infrastructure Ready for Scale

To support the growing influx of users and future asset integrations, DN Miner has made significant investments in its technical infrastructure. The company’s state-of-the-art mining hardware, cooling systems, and security architecture are built to scale, ensuring uninterrupted service as new coins are onboarded.

Recent upgrades include:

High-performance ASIC miners tailored for maximum yield across multiple algorithms

Liquid immersion cooling systems delivering 40% improved thermal efficiency

Multi-signature wallet protections and real-time monitoring for asset safety

Automated mining management tools that adapt to market and network conditions

The following chart illustrates the potential rewards you can achieve:

What’s Next for DN Miner

As the company gears up for its next phase of growth, DN Miner’s leadership remains focused on three key pillars: innovation, accessibility, and scalability. By continuously expanding its asset offerings and optimizing user experience, the platform is well-positioned to lead the next generation of cloud mining.

The company is actively finalizing its next digital asset integrations and plans to release an official update with launch dates in the coming weeks. In the meantime, new users are encouraged to register and explore current XRP and Bitcoin mining options, with a limited-time $100 bonus for first-time users.

About DN MinerDN Miner is a global leader in AI-powered cloud mining solutions, offering users around the world access to advanced mining technology without the need for hardware or technical expertise. With a focus on transparency, security, and continuous innovation, DN Miner is redefining the way individuals and institutions engage with cryptocurrency mining.

Media Contact:

Company name: DNMiner

Company email: [email protected] 

Company website: https://dnminer.com 

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

About Web3Wire Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming. Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.



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Spheron Network 2025 Product + TGE Roadmap

Spheron Network 2025 Product + TGE Roadmap


As we move deeper into the AI and Web3 era, the demand for scalable, decentralized, and programmable compute infrastructure continues to grow. 2025 marks a pivotal year for our ecosystem as we roll out a series of groundbreaking upgrades across infrastructure, protocol, platform features, and token economics. This roadmap outlines our vision for the future of decentralized AI compute—driven by community operators, intelligent agents, and $SPON tokenomics.

Q1 2025: Foundation and Feature Expansion

Infrastructure DevelopmentWe kicked off the year with the successful launch of the testnet for both Provider and Fizz Node Networks, establishing the foundation of our decentralized compute mesh. Critical upgrades were implemented, including:

Multi-GPU support, unlocking advanced parallel workloads.

Improved matchmaking algorithms for efficient task-node pairing.

Enhanced uptime validation and security upgrades for Fizz nodes.

Introduction of a Delegate Fund to support node operators.

Protocol EnhancementsWe launched our Protocol SDK, enabling developers to build programmable compute-leasing workflows, making infrastructure composable and customizable like never before.

Platform FeaturesTo enhance usability, we rolled out:

Social login and account abstraction for seamless onboarding.

A powerful Console App for GPU rentals.

A curated Model Store for dedicated model deployments.

A Playground for In-Context Learning (ICL) experiments.

Skynet Terminal for command-line access.

Node-as-a-Service: Supernoderz, for scalable infrastructure on demand.

Deployment logging improvements and LLM model store integration.

Q2 2025: The Path to TGE Begins

Network Evolution & Token UtilityThis quarter marks the beginning of our transition to Base L2, offering scalability and low-cost transactions. We’ll launch Phase Nebula, the Road to TGE Campaign, and introduce uSPON—a USD-pegged unit convertible to $SPON, fully unlocked on TGE Day 1.

Key upgrades include:

uSPON integration for payments across the ecosystem.

Real-time earnings dashboards for providers and Fizz nodes.

Unified L2 payment support across all apps.

TGE & StakingThe long-awaited $SPON Token Generation Event (TGE) is set for May or June 2025. Post-TGE, users can:

Stake $SPON for rewards.

Access a new V2 reward structure, offering higher incentives for rented machines.

Use a Network Revenue Dashboard to track performance and earnings.

Infrastructure Enhancements

SSH access for nodes.

Improved provider onboarding UX.

Integration of ArgoCD for GitOps deployment.

SSL support for all deployments.

Platform Features

Q3 2025: Intelligence Meets Infrastructure

Infrastructure Development

Remote persistent storage and AMD GPU support expand our hardware capabilities.

Dynamic bidding & pricing algorithms for optimal resource utilization.

GPU usage visualizations for transparency and performance tracking.

Platform Features for Users

Agent Ecosystem Launch

Launch of the Agent Marketplace.

Deployment of the Autonomous Agent Framework.

Support for Agent-to-Infrastructure communication.

Release of serverless endpoints for open-source LLMs.

Q4 2025: Towards a Fully Autonomous, Decentralized Network

Security & Privacy

Integration of Secret Managers or MPC for enhanced key security.

Launch of Trusted Execution Environment (TEE) Providers.

Rollout of a Decentralized Matchmaking Engine.

Deployment of Slark Nodes for decentralized validation.

Platform Resilience

Automatic workload migration in case of node failure.

Auto price rebalancing for active leases.

Domain leasing for persistent deployment identity.

Scaling & Optimization

Network-wide resource optimization.

Global infrastructure expansion.

Strategic enterprise partnerships to onboard high-value users.

Conclusion

2025 is set to be a breakout year for our decentralized compute ecosystem. From protocol innovation and agent intelligence to the upcoming $SPON TGE and enterprise readiness, we are laying the groundwork for a resilient, intelligent, and financially autonomous infrastructure layer for the AI era. Stay tuned—and prepare to deploy.



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$364 Million Lost in April to Crypto Hacks, Scams: CertiK – Decrypt

4 Million Lost in April to Crypto Hacks, Scams: CertiK – Decrypt



New CertiK estimates suggest about $364 million was lost through crypto hacks, scams and exploits in April alone.

The cybersecurity firm says the vast majority of this total, $337 million, is related to phishing attacks.

And most of these illicit gains were generated from a single incident, after sophisticated social engineering tactics were used to steal 3,520 BTC from a wallet.

According to on-chain investigator ZachXBT, the funds were quickly laundered through at least six instant exchanges and swapped for Monero, causing XMR’s price to surge by 50%.

On Wednesday, ZachXBT confirmed that the victim was “an elderly individual in the U.S.” who had held onto the crypto since 2017.

Other notable incidents across April included a $7.5 million attack on the decentralized exchange KiloEX, which was linked to a “price oracle exploit.”

A further $5.8 million was stolen from Loopscale, with over $5 million drained from an airdrop contract belonging to Ethereum scaling protocol ZKsync.

According to CertiK, all three of these crypto platforms have managed to recoup funds from white-hat hackers.

April’s data is a marked jump from the $28.8 million in losses confirmed in March. But it pales in comparison to the record-breaking $1.5 billion stolen in February, when Bybit was targeted in an audacious hack by North Korean hacking outfit Lazarus Group.

CertiK’s findings come days after its co-founder Ronghui Gu warned that the security challenges facing blockchain remain “severe,” despite this technology becoming “critical global financial infrastructure” in recent years.

He noted that $1.67 billion was stolen by malicious actors between January and March—a quarter-on-quarter increase of 303%—with most attacks targeting the Ethereum ecosystem.

The cyber security firm says phishing attacks are still on the rise, meaning crypto businesses and investors must take extra care in verifying whether URLs and smart contracts are authentic before transfers are made.

Other top tips include utilizing cold storage that’s disconnected from the internet, and not sharing information about crypto holdings on social media.

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Terminal 3 Secures $8 Million Seed Round to Supercharge Privacy-First Decentralized Identity Solutions for Web3 Enterprises – Web3oclock

Terminal 3 Secures  Million Seed Round to Supercharge Privacy-First Decentralized Identity Solutions for Web3 Enterprises – Web3oclock


A Privacy-First Web3 Identity Layer for Enterprises:

Backed by Global Web3 and Fintech Leaders:

Illuminate Financial – a fintech-focused venture capital firm investing in enterprise solutions for financial services.

CMCC Titan Fund – a leading blockchain venture fund by CMCC Global.

Animoca Brands – a global leader in digital property rights and Web3 gaming.

Progression Fund – an early-stage fund investing in Web3 infrastructure.

IDG Blockchain – the blockchain-focused arm of IDG Capital.

Cherubic Ventures – a global early-stage venture capital firm.

500 Global – a leading early-stage VC firm.

ConsenSys Mesh – the investment and incubation arm of Ethereum infrastructure leader ConsenSys.

Hard Yaka – a fintech and identity-focused venture firm.

BlackPine – a multi-strategy investment firm based in Hong Kong.

Fueling the Future of Compliant, Decentralized Identity:

Enhance Terminal 3’s decentralized identity and credential management protocols

Invest in new privacy-preserving technologies and integrations

Expand partnerships within financial services, gaming, and social applications

Accelerate global go-to-market efforts for enterprise adoption

About Terminal 3:



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Spark Biomedical Lands $15M to Accelerate Breakthrough Non-Invasive Neurostimulation Solutions – Web3oclock

Spark Biomedical Lands M to Accelerate Breakthrough Non-Invasive Neurostimulation Solutions – Web3oclock


Advancing a New Standard in Non-Invasive, Drug-Free Therapies:

Strategic Backing from Industry Leaders:

Clinical Innovation with a Purpose:

Postoperative pain management

Pediatric neuromodulation

Hemostasis and bleeding control

About Spark Biomedical:



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Migration to the New Phase: The Road Ahead for Fizz and Provider Nodes

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Migration to the New Phase: The Road Ahead for Fizz and Provider Nodes


We are excited to announce the upcoming migration to a new phase of the Spheron Network, a major upgrade designed to improve performance, simplify participation, and bring more stability to our platform. This is a strategic evolution in response to everything we’ve learned so far. This article explains the full migration process, what changes are coming, why they matter, and how they benefit both new and existing participants in the ecosystem.

Overview: What Is the Migration About?

This new phase introduces several critical improvements to the Spheron Network’s infrastructure, user experience, and operational efficiency. During this migration, we are updating Fizz and Provider nodes to align with new standards and upgraded architecture.

The goal of this shift is to move beyond the limitations of the current environment and enter a more production-ready space. The process will involve temporary pauses in certain services, a reset of the leaderboard and points system, and new deployment requirements for node operators and developers.

Temporary Changes During Migration

While the migration is underway, the following changes will take place:

Fizz node registration will be temporarily paused. No new nodes can be registered during the migration window.

Resource updates to existing nodes will be disabled.

Deployments via Console and Supernoderz will be paused.

Active leases will be closed out automatically.

These measures are necessary to ensure a smooth transition and prevent deployment conflicts during infrastructure updates.

The migration will occur in two stages:

Console services will return first, with a short delay of 2–3 hours expected.

Supernoderz will come back online the following day with a similar process for fund reactivation and redeployment.

What Happens After Migration?

Once the migration completes, the network will resume operations with updated policies & features. Here’s what you can expect:

1. Introducing uSPON: A Major Step Toward Full Ecosystem Utility

This update introduces uSPON. Think of uSPON as a USD-based unit that you’ll use across Spheron. It’s not a tradable token, it’s not for speculation, it’s just a clean, internal way to handle payments and rewards within our ecosystem.

Here is how it works:

1 uSPON = $1 in value

Fully unlocked from Day 1

Can be swapped for $SPON at TGE (Token Generation Event)

Not tradable or transferable between users — only usable in the system

uSPON gives us a clean and stable way to operate, without the volatility or complexity of typical Web3 tokens.

Why We Built uSPON?

We’ve been listening to builders, partners, and new users, and we realized we needed a smoother experience, especially for people who aren’t deep into crypto.

We built uSPON to make the Spheron experience more accessible, stable, and future-proof. It’s a big step toward making this ecosystem work for everyone, not just Web3 pros.

With uSPON:

Builder can build easily on Spheron utilizing uSPON as the base layer

We can expand to new regions without running into token regulations

It’s easier for Web2 users to jump in without learning crypto

We get clear insights into platform usage and adoption

And it still supports the $SPON value through our future buyback system

This setup gives users, developers, and token holders a better experience and a stronger ecosystem.

What Happens at TGE? When TGE happens, you can convert all your uSPON into $SPON—100% unlocked from Day 1. There are no lock-ups, no cliffs, just full flexibility.

2. Points Reset

All FN points will reset to zero. This includes:

Fizz node scores

Leaderboard rankings

Era progress

Your old points won’t be deleted. They will still be visible on your dashboard for historical reference. This reset ensures that new participants joining this phase aren’t disadvantaged and that competition remains fresh and dynamic.

3. Era Restart

The current era will close, and a new one will begin. This helps keep the network competitive and encourages new node operators to participate.

Major Benefits in This Phase

Several enhancements and policy changes significantly improve user and developer experiences:

No Gas Fees: Registration and specs updates no longer require gas fees. The Spheron team will absorb these costs.

Free Nebula NFT: At no extra cost, every new participant receives a Nebula NFT as proof of involvement.

Stellar NFT Option: The Stellar NFT remains available for purchase, offering a 1.5x rewards multiplier.

Removal of Low-Quality GPUs

We are discontinuing support for several older and underpowered GPUs to ensure consistent performance. Node operators will no longer be able to register or update specs using these GPUs:

NVIDIA T1000, Tesla P4

GTX 1050 / Ti, 1060, 1070 / Ti, 1080 / Ti

GTX 1650 / Ti, 1660 / Ti / Super

RTX 2050, 2060 / Super, 2070, 2080 / Super, 2080 Ti

RTX 3050 / Ti, 3060 / Ti, 3070 / Ti

RTX 4050, 4060 / Ti

This helps preserve network quality and minimizes performance variability.

Developer-Specific Updates

If you’re a developer working with Spheron’s CLI or SDK, here are a few things to note:

CLI Updates

You’ll need to update your CLI to the latest version to stay compatible with the new system.

You must also manually set the correct RPC URL since the default public endpoint may not work reliably in the new environment.

SDK Upgrade

These changes are essential for ensuring that your deployments and automation scripts continue to function correctly.

Why We’re Doing This

We’re making this move because the network has outgrown its original structure. The current design served us well for early development and experimentation, but it’s time to move toward a more robust and scalable system.

This migration is a direct response to:

Community feedback

Real-world usage data

Technical pain points

This new phase introduces a platform that is:

Final Thoughts

We’re entering a more powerful and stable era of the Spheron Network. Our goal is to give every contributor, from first-time node operators to experienced developers, the tools and environment they need to thrive and Builder can build easily on Spheron utilizing uSPON as the base layer.

Thank you for being a part of this journey. This migration is a big step forward, and your support and patience make it possible.

Hang tight. The best part of Spheron is that it is just getting started.



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Leading Cloud Mining Platform in 2025: RockToken

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Cryptocurrency cloud mining is a growing investment opportunity, enabling individuals and institutions to accumulate various currencies gradually without hardware. In previous years, mining...