CryptoAdventure

Beyond the Hype: Why Sonorus is More Than Just Another Music Platform

Discover how 200,000 users worldwide are revolutionizing music promotion and sharing in the decentralized landscape.

Sonorus' Innovative Approach to Redefine Music in the Digital Age Sonorus stands as more than just a Music Platform; it represents a revolution in the music world. Instead of big corporations dictating the charts, Sonorus shifts the power to the listeners, allowing them to directly influence music rankings. Through nominating tracks and minting Music NFTs, users have a tangible impact. As these tracks ascend the charts, rewards for the fanbase amplify. With Sonorus, listeners don't just passively consume; they actively shape the future of music.

Additionally, Sonorus offers a Music Launchpad where artists can nominate their songs for inclusion in the platform's catalog. To make it into the catalog, artists need to hit a certain community support milestone, ensuring a collaborative approach to music promotion. Artists who successfully make it into the catalog start earning their revenue share for their music.

The Sonorus Heat Score Mechanics Ensures a Dynamic and Decentralized Music Chart While platforms like Spotify use algorithms that often favor mainstream artists, Sonorus prioritizes genuine popularity and user engagement. Here, every artist, big or small, has an equal chance to shine. Unlike traditional platforms, Sonorus empowers its community to influence music rankings, ensuring charts truly reflect listeners' preferences rather than industry biases. This fanbase-driven approach sets Sonorus apart, making it more than just a listening platform—it's a movement for fair music sharing & promotion.

Sonorus offers a unique way of ranking songs that's different from mainstream music platforms. Here's why it's special and why many believe it's a revolutionizing approach.

Unlike some platforms where big artists get more visibility due to deals, Sonorus gives every artist a fair chance. In the Sonorus app, a song's popularity is measured through a “heat score”, determined by:

Total Active Copies: If you have an active digital copy of a song, it increases the song's heat score. Think of it like a 'vote' for the song every time someone has it. Recent Collection: When the collected number of copies of a song is more than 10, it will give the song more points and, will be considered trending. Boost Score: Users can further promote songs they love by using tokens they've earned, sort of like giving a song extra points. This decentralized system relies on actual user engagement and preferences. It's not just about how much a song is played, but also how much users are investing in it and supporting it. This makes it more genuine and fair.

The Limitations of Mainstream Platforms Traditional music platforms, while popular, come with inherent limitations. Centralized systems often lead to unfair revenue distribution, leaving artists with a mere fraction of their deserved earnings. Additionally, these platforms are riddled with middlemen, from record labels to streaming services and sponsors, each taking a cut before the artist sees any profit. This not only affects the artists but also inflates costs for consumers.

From the user's perspective, mainstream platforms offer a passive listening experience. Users consume content but have no real stake or say in the music they love. They're not rewarded for their loyalty or for discovering and promoting new tracks. This differentiates sharply from Sonorus, where listeners actively participate and are incentivized for their contributions. The result? Sonorus delivers a better and more honest way for artists and fans to thrive side by side.

The Stellar Team Behind Sonorus

Sonorus's strength is amplified by its exceptional team. Several members come from the TikTok team, offering insights and expertise in content-sharing platforms. Another pivotal member co-founded a recording studio and incubated dozens of artists in the APAC region, co-organizing large-scale events and festivals. While another co-built one of the largest short video apps in Latin America. With their high expertise, Sonorus is set to revolutionize the music industry.

Shaping the Future of Decentralized Music Sharing

Sonorus has seen tremendous traction, globally amassing over 160,000 new users in just the past 6 months, a testament to their inventive approach.

Sonorus is at the forefront of shaping decentralized innovation within the music industry, catalyzing a transition towards a fair music-sharing system where every voice matters and music consensus is collectively created.

For all listeners and artists: Be heard, be rewarded, and discover the future of music at https://sonorus.network — Engage, nominate and elevate your favorite tracks today. Sonorus music-driven community on: Twitter: https://twitter.com/SonorusOfficial Discord: https://discord.com/invite/43rz97vpP8 Telegram: https://t.me/sonorusglobal

MachinaTrader Launches a New Era of Algorithmic Trading with NFT Giveaways and Early Platform Access

MachinaTrader is thrilled to present its final Free NFT Giveaway. This special offer allows users to become part of the MachinaTrader trading community. Participants can expect exclusive perks, lifelong discounts, first-hand access to new features, and more.

NFT owners will also get a complimentary wearable for Decentraland and other virtual realms through an airdrop. The platform's early access begins on October 16th, showcasing its advanced features.

Seize the Opportunity with MachinaTrader's Trading Community MachinaTrader is offering a last chance with their concluding NFT Giveaway, which continues until Saturday at 10 p.m., Swiss time UTC+2. Joining the giveaway is straightforward:

Register on the project's website: https://www.machinatrader.com/ Follow MachinaTrader on platform X: https://x.com/MachinaTrader, and like and share the mentioned post: https://twitter.com/MachinaTrader/status/1704976113020104809?s=20 Comment your ETH wallet address on the shared post on platform X. 1,100 NFTs will be distributed, culminating in a grand unveiling event in Decentraland on Sunday at 10 p.m. (UTC+2). These NFTs will be available on OpenSea: https://opensea.io/collection/machinatrader-nft-1

The giveaway offers more than just a collectible. It's a golden ticket to the MachinaTrader trading world. NFT owners will enjoy subscription discounts for life, access to private groups, early feature previews, and more. Additionally, each NFT holder will receive a free wearable for Decentraland and other virtual realms via airdrop.

Leading the Way in Algorithmic Trading MachinaTrader equips traders to excel in algorithmic trading. It offers real-time market analysis, staying ahead of trends and quickly adapting to news and public sentiment. It's not just a tool—it's a trader's powerhouse. Instead of juggling multiple resources, traders can view MachinaTrader as their all-in-one solution for algorithmic trading. It provides all the essential tools for success in the dynamic financial market.

Designed to empower traders, MachinaTrader offers customizable features to adapt strategies for any market scenario. It's the ultimate hub for everything one needs to dive into algo-trading and maintain a competitive edge. The platform recognizes traders' efforts by unveiling previously untapped trading opportunities. With MachinaTrader, traders get all the insights and tools they need to thrive.

Early Access Unveiled On October 16th, MachinaLabs will grant early access to the MachinaTrader platform, allowing traders to utilize its extensive code editor and AI-driven insights. The platform boasts features that enhance strategies and portfolio management, making it easier for traders to adapt to market shifts.

The NFT Collection, priced at 0.025 ETH each, showcases exclusive artwork and serves as a token of appreciation for the MachinaTrader community. Early users can look forward to:

Platform Independence: Access from various devices. Limitless Code Editing: Full control over strategy development. Multi-Pair Trading Bots: Diversify portfolios and manage risks. Seamless Integration: Incorporate third-party services effortlessly. AI-Powered Insights: Superior strategy optimization with MachinaCore's top-tier libraries. Scalability: Confidently expand strategies and portfolios. Speed and Precision: Execute high-frequency trades efficiently. Visual Editor: Build complex strategies without coding With its innovative features, MachinaTrader is a standout in the algorithmic trading world. As October 16th nears, traders eagerly anticipate elevating their trading game.

About MachinaTrader Founded by a dedicated Swiss and German team with deep roots in the crypto market since 2016, MachinaTrader is their solution to the gaps they found in existing trading tools. As a part of Swiss Fintech MachinaLabs, it signifies a revolutionary leap in crypto trading.

Built on state-of-the-art technology, MachinaTrader embodies their combined expertise and enthusiasm. It continually evolves, emphasizing quality. The early access offer is a unique invitation to join their mission and be a part of the MachinaTrader legacy.

For more about MachinaTrader, visit their official website: https://www.machinatrader.com/. Stay updated with their latest news by following them on platform X (formerly Twitter): https://x.com/MachinaTrader.

Introducing the New and Improved Evertwine: Revamped and Refueled!

Evertwine was well received, not only by their community, but by everyone; from their partners, friends, to content creators. Anyone who interacted with the game had nothing but positive words for it.

The community was quite vocal about this. They appreciated and loved Evertwine more than any other aspect of the project, and the team wants to give them the game they can truly enjoy. The game undoubtedly stood out above other aspects of the project in terms of development, so moving forward, their focus is clear: Evertwine will thrive as a phenomenal game first and foremost. While their journey with NFT projects showed promise, they recognized the undeniable magic that Evertwine holds.

Their mission is to deliver an unparalleled gaming experience that will transport players to new realms of excitement, adventure, and earning potential. Together, they can pave the way for an unforgettable gaming experience that everyone truly deserves. They plan to raise funds in a transparent manner by utilizing what NFTs & blockchain have to offer!

They have secured further funding for the development of the project!

But that's not all. They have secured a whopping $1.2 million investment for the ongoing development and growth of Evertwine. This means they can ensure a stable and exciting future for the game.

Join them on this remarkable journey as they breathe new life into Evertwine. The community's continued support will be instrumental in shaping the future of this incredible project. Let's embark on this adventure together and redefine the gaming landscape in ways never before imagined. Get ready for a gaming experience everyone truly deserves!

Useful Links Website: https://evertwine.io/ Twitter / X: https://twitter.com/EvertwineIO Discord: https://discord.gg/fSXTQz7ZVW Instagram: https://www.instagram.com/ Medium: https://medium.com/@Evertwine Telegram: https://t.me/EvertwineIO Youtube: https://www.youtube.com/@Evertwine

Introducing the New and Improved Evertwine: Revamped and Refueled!

Evertwine was well received, not only by their community, but by everyone; from their partners, friends, to content creators. Anyone who interacted with the game had nothing but positive words for it.

The community was quite vocal about this. They appreciated and loved Evertwine more than any other aspect of the project, and the team wants to give them the game they can truly enjoy. The game undoubtedly stood out above other aspects of the project in terms of development, so moving forward, their focus is clear: Evertwine will thrive as a phenomenal game first and foremost. While their journey with NFT projects showed promise, they recognized the undeniable magic that Evertwine holds.

Their mission is to deliver an unparalleled gaming experience that will transport players to new realms of excitement, adventure, and earning potential. Together, they can pave the way for an unforgettable gaming experience that everyone truly deserves. They plan to raise funds in a transparent manner by utilizing what NFTs & blockchain have to offer!

They have secured further funding for the development of the project!

But that's not all. They have secured a whopping $1.2 million investment for the ongoing development and growth of Evertwine. This means they can ensure a stable and exciting future for the game.

Join them on this remarkable journey as they breathe new life into Evertwine. The community's continued support will be instrumental in shaping the future of this incredible project. Let's embark on this adventure together and redefine the gaming landscape in ways never before imagined. Get ready for a gaming experience everyone truly deserves!

Useful Links Website: https://evertwine.io/ Twitter / X: https://twitter.com/EvertwineIO Discord: https://discord.gg/fSXTQz7ZVW Instagram: https://www.instagram.com/ Medium: https://medium.com/@Evertwine Telegram: https://t.me/EvertwineIO Youtube: https://www.youtube.com/@Evertwine

Wemade welcomes two new US game developers to join top global blockchain gaming platform WEMIX PLAY

WEMIX PLAY to onboard Ballies, the innovative NFT project that combines sports, gaming & NFTs and immersive blockchain soccer management game, El Jefe Futbol  Trading of NFTs of both games, which utilize innovative features, will be supported on WEMIX PLAY Marketplace Growing number of global partnerships and footprint is creating more diverse and engaging WEMIX PLAY game lineup SEOUL, SOUTH KOREA, 20 SEPTEMBER 2023 – Leading South Korean game developer Wemade announced that two US.-based game developers, Ballies LLC and Studio 369 INC, have agreed to onboard their sports games to the WEMIX PLAY global blockchain gaming platform. 

The Ballies game is an original strategy card game that combines basketball and fantasy elements into a new experience focused on Ballies Origins, a set of 9,999 players with unique skills and upgrade abilities. Players compete in tournaments during the regular season to earn tokens and can also lend avatars to other players to earn tokens based on their play. The first-ever wrapped gaming NFTs, each Ballies uses innovative wrapping technology that combines a base (art + metadata explaining traits and rarity) with LAYERs, skill token + additional upgrades (like Gear NFTs) used in the game. Owners will be able to unwrap and sell all collateral separately anytime or load additional layers with more skill tokens..

El Jefe Futbol is the latest soccer  team management game from Studio 369 which specializes in Multiplayer, Live Operations and Community Management on PC & CONSOLE platforms. El Jefe Futbol offers players an immersive experience where they can join leagues, select their dream team, and train them to dominate on the field. Gamers can upgrade and showcase their owned player NFTs over time and the NFT collection will expand to include improvements and equipment over time, further enhancing gameplay.

The two new games are the latest additions to the growing range of sports games available on WEMIX PLAY that include baseball, fishing, soccer and now basketball. Game NFTs including Ballies Origins avatars and El Jefe Futbol dream team players will be traded on the WEMIX PLAY Marketplace.

“Our journey has always been about dreaming big and daring to achieve it. This collaboration with WEMIX is a monumental stride in that direction,” said Klemen Gradisar, CEO of Ballies LLC. “We’re thrilled to invite the WEMIX community to join us.”

“Working with WEMIX enables us to reach out to a bigger blockchain gaming audience,” said Matthew Cander, CEO of Studio 369 INC. “With cross-platform capabilities and technology expertise, we will keep our users satisfied through our laser focus on fun and rewarding gameplay.”

Wemade continues to collaborate with game developers worldwide to expand and diversify the range of games on WEMIX PLAY. Its portfolio of partners has grown this year to include developers from Belarus, Canada, Hong Kong, Japan, Lithuania, Singapore, Poland, the UAE and the United States. With more than 9 million cumulative users, WEMIX PLAY offers everything from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, multiplayer online battle arena (MOBA), and massively multiplayer online role-playing games (MMORPG); to casual, social networking (SNG) and sports games.

For more information:

https://www.wemixplay.com https://www.ballies.gg https://www.eljefefutbol.com/

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit https://www.wemix.com/communication for more information.

Wemade and SK Planet Enter Strategic Partnership to Drive Blockchain and Platform Business Growth

A partnership between Wemade’s blockchain business WEMIX and SK Planet’s OK Cashbag business To make mutual minority share purchases by creating a close relationship Wemade chairman Gwanho Park to buy WEMIX coins with the proceeds from the stock sale for the WEMIX ecosystem growth SEOUL, SOUTH KOREA 18 SEPTEMBER 2023 – Wemade and SK Planet have agreed on a strategic partnership for expanding the blockchain and platform market ecosystems.

To accelerate closer business partnerships, the two companies are investing in each other’s shares.

Wemade and its subsidiary ChuanQi IP are acquiring 7.08% and 5.31% of SK Planet’s shares for 20 billion KRW and 15 billion KRW, respectively.

SK Planet is buying 20 billion KRW’s worth of Wemade’s convertible bond, and about 15 billion KRW of stocks owned by Gwanho Park, chairman of Wemade, thus holding around 1.27% of Wemade’s shares. 

Chairman Park will buy WEMIX coins with the proceeds from the stock sale, a decision made for the growth and vitalization of the WEMIX ecosystem.

Both companies plan to find various ways for collaborative marketing and promotions, and expand into the blockchain field with OK Cashbag NFT membership.

“I expect this partnership will bring innovation to our platform ecosystem and enable us to offer new experiences and values to our customers,” said Hansang Lee, CEO of SK Planet. “We are committed to make synergistic effects and fruitful outcomes with Wemade.”

“The partnership with SK Planet, a long-standing company with a marketing platform like OK Cashbag, will create a tremendous synergy for both parties. The growth of Wemade and SK Planet in the Korean market will be accelerated, especially with our transparent society platform, Wepublic,” said Henry Chang, CEO of Wemade.

Wemade will continue to actively seek partnerships with Korean and global companies.

Press Contact: wylee@wemade.com

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit https://www.wemix.com/communication for more information.

Top 3 Sniper Bots That Will Change How You Trade on DeFi

Recently, there has been a surge in popularity for DeFi and Telegram trading bots. These bots have become a popular choice among traders looking to navigate the volatile cryptocurrency market and simplify their trading experience. By blending automation with comprehensive data and insights, trading bots assist traders in making well-informed decisions and optimizing their strategies.

These bots have garnered attention from both retail investors and seasoned traders due to their accessibility and user-friendliness, all while offering advanced functionalities. They aid in identifying trading signals, verifying token security, automating token transactions, and even facilitating copy trading.

Here are some of the best crypto trading bots you can use now!

Mizar – https://mizar.com

Mizar stands out as a promising newcomer in the realm of DeFi trading bots. It distinguishes itself by being the only platform that provides both CeFi and DeFi trading tools, and it comes with no monthly fees. Mizar’s comprehensive toolkit includes trading bots compatible with both centralized exchanges like Binance and Coinbase, as well as decentralized exchanges like Uniswap. The platform has garnered support from prominent investors, including Nexo, KuCoin, Huobi, and MEXC, and enjoys a user base of over 20,000 cryptocurrency traders.

Recently, Mizar introduced its groundbreaking product, D-Mizar, tailored for investors seeking early access to and trading opportunities with emerging altcoins on Uniswap. D-Mizar empowers traders to explore new tokens, conduct research, and engage in automated sniping or trading activities.

Main Features

Mizar Telegram Calls helps traders spot potential trading opportunities in the Uniswap — Ethereum ecosystem through actively monitoring more than 600 Telegram Channels and Groups. When a new token contract is mentioned in any of these channels, Mizar identifies it as a prospective trading call and presents it on a dashboard. Mizar’s users can access additional data for each token contract, including the call’s source, up-to-the-minute price and market capitalization data, total liquidity, pool size, and crucial security information such as potential honeypot risks and associated buy and sell tax rates. The Mizar Token Sniffer is a publicly accessible tool at no cost and can be used as a valuable resource for investors to conduct research and assess the security of ERC-20 tokens. This tool grants traders access to a wealth of advanced information, including details such as contract taxes, restrictions on buy and sell quantities, token ownership, and creator profiles, and an array of other critical parameters. The Mizar Token Sniffer efficiently handles the verification process for traders, presenting a comprehensive dashboard that enhances their ability to make well-informed decisions. At the heart of D-Mizar lies the Sniper Bot, a tool that enables users to swiftly engage in token trading on the Uniswap v2.0 — Ethereum platform. The Sniper Bot operates in a fully automated way, eliminating the need for any technical expertise or coding skills on the part of the users. It empowers users to secure tokens immediately upon their launch and configure an automated take-profit mechanism to sell them automatically when their price reaches a defined threshold. Moreover, Mizar has devised a sophisticated safety system that automatically safeguards against rug pulls post-purchase and a set of security features that prevent traders from buying tokens that fail to meet essential safety criteria. Mizar is actively working to release new tools, including automated DeFi bots incorporating features like copy trading to make it more accessible to less experienced traders as well. All these crypto trading solutions and more make Mizar one of the top platforms dedicated to improving users’ results.

What makes Mizar stand out: Free and public Research tools like the Token Sniffer and Telegram Calls. Sniper Bots and DEX trading bots. Usable from Telegram and webapp. Backed by Nexo, KuCoin, Huobi, and MEXC Over 20,000 crypto traders already use it No monthly fees Unibot Unibot is another top crypto trading platform that has been making waves since its launch in May 2023. The service provides fast and user-friendly trading tools and sniper bots via its Telegram bot. Like Mizar, Unibot allows users to snipe tokens just as easily as they would send messages on the popular messaging app.

Unibot was developed by Diamond Protocol, a company focusing on building trading tools for Ethereum. Its goal is to increase automatic crypto trading via Telegram bots and offer traders an alternative to traditional trading methods. So far, their plan works as Unibot users traded over $250 million worth of tokens, and the platform redistributed almost $5.0 million to users.

Unibot offers crypto traders multiple solutions, all accessible for free.

Automated Limit Orders: Unibot provides the capability to execute orders automatically when the market reaches a specified level. This feature enables you to buy at a set price on Uniswap, where limit orders are not available. Sniper Tools: Unibot offers powerful sniper tools, including the mirror sniper function that allows you to replicate successful traders, potentially leading to impressive profits. Additionally, the method sniper assists in identifying new token launches and liquidity opportunities on DEXes. Profit and Loss (PNL) Analysis: When using Unibot to manage your account, you can effortlessly monitor your trading performance. Unibot offers comprehensive insights that help you validate the effectiveness of your trading strategy. Private Transactions: Unibot provides private trade options that are resistant to Miner Extractable Value (MEV) bot vulnerabilities, reducing the risk of falling victim to front-running or sandwich attacks. Fail-Safe Selling: Unibot empowers you to test orders in advance to determine if they might fail, thereby avoiding unnecessary gas fees and optimizing your profit potential. What makes Unibot stand out: Free token sniping bots usable directly from Telegram. It claims supporting trades 6x faster than on Uniswap. A trading volume of over $200 million 40% revenues share that brought $5.0M shared. Maestro Another platform taking advantage of the telegram bots resurgence is Maestro and its army of crypto trading bots usable from Telegram. This service provides a versatile suite of trading tools available in a multi-chain (BSC, ETH, ARB) environment. Upon its launch, the platform garnered over $4.5 million in trading fees only in May. That’s an impressive figure for a four-member team that only employs 2 developers for maintenance and updates.

Maestro provides several crypto trading tools popular among beginner and seasoned traders. These include a sniper bot, a smooth wallet tracker, and a proactive whale bot. These products, together with future releases, should create a far-reaching ecosystem capable of satisfying the needs of DeFi crypto enthusiasts via Telegram.

The central offering of Maestro is its trading bot, which serves as its cornerstone feature. With this bot, users have the capability to seek out tokens and make rapid purchases immediately upon their release, securing a position as early buyers. Traders can implement automated selling strategies, triggering sales when specific price targets are reached. Furthermore, there are safeguards in place to shield traders from fraudulent schemes and provide protection against rug pulls. Additionally, Maestro facilitates signal detection by scanning Telegram channels and offers the ability to engage in copy trading from other wallets.

Another Maestro interesting feature is the Whale Bot, which sends users instant notifications via Telegram on whale transactions. Whale watching is common among crypto traders since it shows important market movements. This service alerts users about the latest actions of whales and other market drivers, thus pinpointing potential lucrative deals.

Maestro users can rely on the platform’s Wallet Tracker to get Telegram notifications on real-time price changes for several cryptocurrencies. Notably, users with wallets on both BSC and ETH can keep an eye on their balances without leaving Telegram.

Lastly, Maestro supplies highly ambitious crypto groups with an innovative Buy Bot. This feature allows investors and token groups to monitor buys, sells, and price changes for up to two tokens for free.

What makes Maestro stand out: A fast Telegram sniper bot usable across several blockchains Easy liquidity, launch, and method sniping Anti-rug protection Monitor price changes for up to two tokens for free Direct presale entries on Pinksale These are some of the top crypto trading bots on the market you can use, whether for beginner, casual, or expert trading. The emergence of Telegram sniper and sniffer bots is a trail-blazing phenomenon already carving its own piece of the market.

If you are ready for automatic cryptocurrency trading, you can start with any of these services. Their bots are your optimal allies in a fast-paced crypto market where making the right decision with every trade is humanly impossible. Remember to do your due diligence before making any investment decisions

OnFinality and Google Cloud Enhance Node Infrastructure and Data Analytics Support for Polkadot Parachain Builders

With support from the Polkadot treasury, OnFinality and Google Cloud to provide common good infrastructure to help parachains scale without excessive technical overhead

OnFinality and Google Cloud to help deliver blockchain analytics for developers in and beyond the Polkadot ecosystem

Singapore, Sept. 14, 2023 – Today at TOKEN2049, OnFinality and Google Cloud announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network. To advance the growth of emergent parachains and the overall maturity of the Polkadot ecosystem, the first initiative will reduce the complexity and cost associated with blockchain node infrastructure management while the second initiative will help power large-scale blockchain analytics capabilities.

Launched by Web3 Foundation in 2020 and now managed by its community via on-chain governance, Polkadot is a blockspace ecosystem uniting a network of interoperable, use-case specific blockchains called parachains (parallel chains). Polkadot facilitates secure cross-chain transfers of any data or asset, enabling the development of applications and services that span multiple parachains. Polkadot provides several benefits to Web3 innovators, including security, flexibility, efficiency, cost-effectiveness, and fast time-to-market.

Parachains are built using the modular and flexible Substrate framework, allowing developers to customize the components (e.g., network stack, consensus model, transaction format, governance method) best suited to the needs of their use case. This includes any Web3 use case, from decentralized finance (DeFi) applications to digital wallets, social media applications, gaming applications, Web3 infrastructure services, and much more.

OnFinality provides high performance public infrastructure for the Polkadot ecosystem Under the first initiative, OnFinality is providing enterprise-level blockchain infrastructure and tooling support that is funded by the Polkadot treasury and built on Google Cloud for all 40+ Polkadot parachains. With equitable funding from the treasury to cover common good infrastructure provided by OnFinality’s Ultimate API Service (i.e., provision of high performance Remote Procedure Call or RPC endpoints, including archive and trace nodes), developers can seamlessly create and connect their dApps on and across parachains without incurring excessive DevOps and infrastructure management overhead. In the immediate term, this helps promising yet emergent parachains to continue meeting the needs of their independent communities.

To ensure that this initiative is cost-efficient for the Polkadot treasury, OnFinality has selected Google Cloud as the primary cloud provider to power its Ultimate API Service. By hosting this service on Google Kubernetes Engine (GKE), OnFinality can leverage GKE’s serverless, dynamic autoscaling, distributed load balancing, and health monitoring capabilities to concurrently manage all 40+ parachain networks, keep up with constantly changing request volumes, and meet its service level targets of 99.99 percent uptime. GKE’s best-in-class autoscaling features, in particular, helps OnFinality optimize costs and pass on its savings to the Polkadot treasury.

In the longer term, OnFinality has proposed setting up a Parachain Infrastructure Bounty with more than 10 other solution providers to deliver provider-agnostic common good infrastructure for all active Polkadot parachains. The goal is to make the ecosystem more harmonious, unify processes and tools, speed up development progress, and help all new parachain teams kick-start their projects.

James Bayly, Chief Operating Officer, OnFinality, said: “OnFinality has been the trusted launch partner for more than 40 Polkadot parachains. As a result of the prolonged winter, many parachain teams have requested for help to cover the operating expenses of RPC endpoint services, which we’ve managed to provide at no cost to the best of our abilities. We’re humbled to now be entrusted with funding from the Polkadot treasury to support all parachains. This level of ecosystem support reaffirms Polkadot’s reputation as one of the most developer-friendly ecosystems and a top choice for appchain builders when deciding which layer 0 to build in. With Google Cloud proving to be the best option for running our full suite of services in a cost-optimized, automated, and highly reliable way, we look forward to making more contributions to Polkadot, such as providing RPC support for the upcoming Polkadot Data Alliance.”

Polkadot Data Alliance to deliver aggregated on-chain and cross-chain analytics Building on the first initiative, the second initiative involves establishing a Polkadot Data Alliance. This involves building and maintaining Dotlake, a scalable common data platform that democratizes access to on-chain and cross-chain analytics for data users in and beyond the Polkadot ecosystem. Powered by Google Cloud’s data management capabilities, such as Cloud Storage, BigQuery, Cloud Run, Cloud Functions, and Workflows, Dotlake will allow users to more easily and accurately assess the value, health, and potential of the Polkadot ecosystem and benchmark it against other ecosystems.

Third-party data experts have been enlisted from the community to facilitate and guide this initiative to ensure transparency, that engineering best practices are being applied, and that the initiative delivers high quality data solutions. OnFinality is leveraging the community’s complete support for the Polkadot network to provide the trace RPC API endpoints necessary to populate the data platform.

To facilitate all on-chain data from the Polkadot ecosystem becoming available for public consumption, a treasury-funded Polkadot Data Alliance Bounty has been set up to provide underrepresented and resource-limited parachains with Google Cloud’s secure data hosting infrastructure services and OnFinality’s universal data indexing support. To avoid redundancy and unnecessary costs, the alliance will also use existing data solutions—such as the Colorful Notion Substrate ETL project that has already indexed data from over 70 parachains—as well as open source data formats and services.

There are further plans for the alliance to offer shared community data visualization and reporting dashboards on top of Dotlake – with common metric definitions and computations, support for exporting the data to other known analytics platforms (e.g., Nansen, Dune Analytics), and educational materials to reduce knowledge gaps around working with Substrate and Cross-Consensus Message Format (XCM) data.

Mitesh Agarwal, Managing Director, Solutions and Technology, Asia Pacific, Google Cloud, said: “Web3 companies continue to build on Google Cloud because of the scalability, security, and sustainability of our enterprise-grade infrastructure and developer-friendly platform. As new industry use cases emerge, we’re focused on working with global organizations like Polkadot and OnFinality—who also serve a community of parachain builders in this region—to enhance the resilience of foundational layers, deliver high-quality on-chain and cross-chain datasets for easy analysis, and facilitate faster access to dApps for users.”

About Polkadot Polkadot is the blockspace ecosystem for boundless innovation. It enables Web3’s biggest innovators to get their ideas to market fast, with flexible costs and token options. By making blockchain technology secure, composable, flexible, efficient, and cost-effective, Polkadot is powering the movement for a better web.

About OnFinality OnFinality is a blockchain infrastructure platform that saves Web3 builders time and makes their lives easier. OnFinality delivers scalable API endpoints for the biggest blockchain networks and empowers developers to automatically test, deploy, scale, and monitor their own blockchain nodes in minutes. To date, OnFinality has served hundreds of billions of RPC requests, supports over 100 networks including Avalanche, BNB Chain, Cosmos, Polkadot, Ethereum, and Polygon, and is continuously expanding these mission-critical services so developers can build the decentralized future, faster.

About Google Cloud Google Cloud accelerates every organization’s ability to digitally transform its business and industry. We deliver enterprise-grade solutions that leverage Google’s cutting-edge technology, and tools that help developers build more sustainably. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

Press release: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

OnFinality and Google Cloud Enhance Node Infrastructure and Data Analytics Support for Polkadot Parachain Builders

With support from the Polkadot treasury, OnFinality and Google Cloud to provide common good infrastructure to help parachains scale without excessive technical overhead

OnFinality and Google Cloud to help deliver blockchain analytics for developers in and beyond the Polkadot ecosystem

Singapore, Sept. 14, 2023 – Today at TOKEN2049, OnFinality and Google Cloud announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network. To advance the growth of emergent parachains and the overall maturity of the Polkadot ecosystem, the first initiative will reduce the complexity and cost associated with blockchain node infrastructure management while the second initiative will help power large-scale blockchain analytics capabilities.

Launched by Web3 Foundation in 2020 and now managed by its community via on-chain governance, Polkadot is a blockspace ecosystem uniting a network of interoperable, use-case specific blockchains called parachains (parallel chains). Polkadot facilitates secure cross-chain transfers of any data or asset, enabling the development of applications and services that span multiple parachains. Polkadot provides several benefits to Web3 innovators, including security, flexibility, efficiency, cost-effectiveness, and fast time-to-market.

Parachains are built using the modular and flexible Substrate framework, allowing developers to customize the components (e.g., network stack, consensus model, transaction format, governance method) best suited to the needs of their use case. This includes any Web3 use case, from decentralized finance (DeFi) applications to digital wallets, social media applications, gaming applications, Web3 infrastructure services, and much more.

OnFinality provides high performance public infrastructure for the Polkadot ecosystem Under the first initiative, OnFinality is providing enterprise-level blockchain infrastructure and tooling support that is funded by the Polkadot treasury and built on Google Cloud for all 40+ Polkadot parachains. With equitable funding from the treasury to cover common good infrastructure provided by OnFinality’s Ultimate API Service (i.e., provision of high performance Remote Procedure Call or RPC endpoints, including archive and trace nodes), developers can seamlessly create and connect their dApps on and across parachains without incurring excessive DevOps and infrastructure management overhead. In the immediate term, this helps promising yet emergent parachains to continue meeting the needs of their independent communities.

To ensure that this initiative is cost-efficient for the Polkadot treasury, OnFinality has selected Google Cloud as the primary cloud provider to power its Ultimate API Service. By hosting this service on Google Kubernetes Engine (GKE), OnFinality can leverage GKE’s serverless, dynamic autoscaling, distributed load balancing, and health monitoring capabilities to concurrently manage all 40+ parachain networks, keep up with constantly changing request volumes, and meet its service level targets of 99.99 percent uptime. GKE’s best-in-class autoscaling features, in particular, helps OnFinality optimize costs and pass on its savings to the Polkadot treasury.

In the longer term, OnFinality has proposed setting up a Parachain Infrastructure Bounty with more than 10 other solution providers to deliver provider-agnostic common good infrastructure for all active Polkadot parachains. The goal is to make the ecosystem more harmonious, unify processes and tools, speed up development progress, and help all new parachain teams kick-start their projects.

James Bayly, Chief Operating Officer, OnFinality, said: “OnFinality has been the trusted launch partner for more than 40 Polkadot parachains. As a result of the prolonged winter, many parachain teams have requested for help to cover the operating expenses of RPC endpoint services, which we’ve managed to provide at no cost to the best of our abilities. We’re humbled to now be entrusted with funding from the Polkadot treasury to support all parachains. This level of ecosystem support reaffirms Polkadot’s reputation as one of the most developer-friendly ecosystems and a top choice for appchain builders when deciding which layer 0 to build in. With Google Cloud proving to be the best option for running our full suite of services in a cost-optimized, automated, and highly reliable way, we look forward to making more contributions to Polkadot, such as providing RPC support for the upcoming Polkadot Data Alliance.”

Polkadot Data Alliance to deliver aggregated on-chain and cross-chain analytics Building on the first initiative, the second initiative involves establishing a Polkadot Data Alliance. This involves building and maintaining Dotlake, a scalable common data platform that democratizes access to on-chain and cross-chain analytics for data users in and beyond the Polkadot ecosystem. Powered by Google Cloud’s data management capabilities, such as Cloud Storage, BigQuery, Cloud Run, Cloud Functions, and Workflows, Dotlake will allow users to more easily and accurately assess the value, health, and potential of the Polkadot ecosystem and benchmark it against other ecosystems.

Third-party data experts have been enlisted from the community to facilitate and guide this initiative to ensure transparency, that engineering best practices are being applied, and that the initiative delivers high quality data solutions. OnFinality is leveraging the community’s complete support for the Polkadot network to provide the trace RPC API endpoints necessary to populate the data platform.

To facilitate all on-chain data from the Polkadot ecosystem becoming available for public consumption, a treasury-funded Polkadot Data Alliance Bounty has been set up to provide underrepresented and resource-limited parachains with Google Cloud’s secure data hosting infrastructure services and OnFinality’s universal data indexing support. To avoid redundancy and unnecessary costs, the alliance will also use existing data solutions—such as the Colorful Notion Substrate ETL project that has already indexed data from over 70 parachains—as well as open source data formats and services.

There are further plans for the alliance to offer shared community data visualization and reporting dashboards on top of Dotlake – with common metric definitions and computations, support for exporting the data to other known analytics platforms (e.g., Nansen, Dune Analytics), and educational materials to reduce knowledge gaps around working with Substrate and Cross-Consensus Message Format (XCM) data.

Mitesh Agarwal, Managing Director, Solutions and Technology, Asia Pacific, Google Cloud, said: “Web3 companies continue to build on Google Cloud because of the scalability, security, and sustainability of our enterprise-grade infrastructure and developer-friendly platform. As new industry use cases emerge, we’re focused on working with global organizations like Polkadot and OnFinality—who also serve a community of parachain builders in this region—to enhance the resilience of foundational layers, deliver high-quality on-chain and cross-chain datasets for easy analysis, and facilitate faster access to dApps for users.”

About Polkadot Polkadot is the blockspace ecosystem for boundless innovation. It enables Web3’s biggest innovators to get their ideas to market fast, with flexible costs and token options. By making blockchain technology secure, composable, flexible, efficient, and cost-effective, Polkadot is powering the movement for a better web.

About OnFinality OnFinality is a blockchain infrastructure platform that saves Web3 builders time and makes their lives easier. OnFinality delivers scalable API endpoints for the biggest blockchain networks and empowers developers to automatically test, deploy, scale, and monitor their own blockchain nodes in minutes. To date, OnFinality has served hundreds of billions of RPC requests, supports over 100 networks including Avalanche, BNB Chain, Cosmos, Polkadot, Ethereum, and Polygon, and is continuously expanding these mission-critical services so developers can build the decentralized future, faster.

About Google Cloud Google Cloud accelerates every organization’s ability to digitally transform its business and industry. We deliver enterprise-grade solutions that leverage Google’s cutting-edge technology, and tools that help developers build more sustainably. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

Press release: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

OnFinality and Google Cloud Enhance Node Infrastructure and Data Analytics Support for Polkadot Parachain Builders

With support from the Polkadot treasury, OnFinality and Google Cloud to provide common good infrastructure to help parachains scale without excessive technical overhead

OnFinality and Google Cloud to help deliver blockchain analytics for developers in and beyond the Polkadot ecosystem

Singapore, Sept. 14, 2023 – Today at TOKEN2049, OnFinality and Google Cloud announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network. To advance the growth of emergent parachains and the overall maturity of the Polkadot ecosystem, the first initiative will reduce the complexity and cost associated with blockchain node infrastructure management while the second initiative will help power large-scale blockchain analytics capabilities.

Launched by Web3 Foundation in 2020 and now managed by its community via on-chain governance, Polkadot is a blockspace ecosystem uniting a network of interoperable, use-case specific blockchains called parachains (parallel chains). Polkadot facilitates secure cross-chain transfers of any data or asset, enabling the development of applications and services that span multiple parachains. Polkadot provides several benefits to Web3 innovators, including security, flexibility, efficiency, cost-effectiveness, and fast time-to-market.

Parachains are built using the modular and flexible Substrate framework, allowing developers to customize the components (e.g., network stack, consensus model, transaction format, governance method) best suited to the needs of their use case. This includes any Web3 use case, from decentralized finance (DeFi) applications to digital wallets, social media applications, gaming applications, Web3 infrastructure services, and much more.

OnFinality provides high performance public infrastructure for the Polkadot ecosystem Under the first initiative, OnFinality is providing enterprise-level blockchain infrastructure and tooling support that is funded by the Polkadot treasury and built on Google Cloud for all 40+ Polkadot parachains. With equitable funding from the treasury to cover common good infrastructure provided by OnFinality’s Ultimate API Service (i.e., provision of high performance Remote Procedure Call or RPC endpoints, including archive and trace nodes), developers can seamlessly create and connect their dApps on and across parachains without incurring excessive DevOps and infrastructure management overhead. In the immediate term, this helps promising yet emergent parachains to continue meeting the needs of their independent communities.

To ensure that this initiative is cost-efficient for the Polkadot treasury, OnFinality has selected Google Cloud as the primary cloud provider to power its Ultimate API Service. By hosting this service on Google Kubernetes Engine (GKE), OnFinality can leverage GKE’s serverless, dynamic autoscaling, distributed load balancing, and health monitoring capabilities to concurrently manage all 40+ parachain networks, keep up with constantly changing request volumes, and meet its service level targets of 99.99 percent uptime. GKE’s best-in-class autoscaling features, in particular, helps OnFinality optimize costs and pass on its savings to the Polkadot treasury.

In the longer term, OnFinality has proposed setting up a Parachain Infrastructure Bounty with more than 10 other solution providers to deliver provider-agnostic common good infrastructure for all active Polkadot parachains. The goal is to make the ecosystem more harmonious, unify processes and tools, speed up development progress, and help all new parachain teams kick-start their projects.

James Bayly, Chief Operating Officer, OnFinality, said: “OnFinality has been the trusted launch partner for more than 40 Polkadot parachains. As a result of the prolonged winter, many parachain teams have requested for help to cover the operating expenses of RPC endpoint services, which we’ve managed to provide at no cost to the best of our abilities. We’re humbled to now be entrusted with funding from the Polkadot treasury to support all parachains. This level of ecosystem support reaffirms Polkadot’s reputation as one of the most developer-friendly ecosystems and a top choice for appchain builders when deciding which layer 0 to build in. With Google Cloud proving to be the best option for running our full suite of services in a cost-optimized, automated, and highly reliable way, we look forward to making more contributions to Polkadot, such as providing RPC support for the upcoming Polkadot Data Alliance.”

Polkadot Data Alliance to deliver aggregated on-chain and cross-chain analytics Building on the first initiative, the second initiative involves establishing a Polkadot Data Alliance. This involves building and maintaining Dotlake, a scalable common data platform that democratizes access to on-chain and cross-chain analytics for data users in and beyond the Polkadot ecosystem. Powered by Google Cloud’s data management capabilities, such as Cloud Storage, BigQuery, Cloud Run, Cloud Functions, and Workflows, Dotlake will allow users to more easily and accurately assess the value, health, and potential of the Polkadot ecosystem and benchmark it against other ecosystems.

Third-party data experts have been enlisted from the community to facilitate and guide this initiative to ensure transparency, that engineering best practices are being applied, and that the initiative delivers high quality data solutions. OnFinality is leveraging the community’s complete support for the Polkadot network to provide the trace RPC API endpoints necessary to populate the data platform.

To facilitate all on-chain data from the Polkadot ecosystem becoming available for public consumption, a treasury-funded Polkadot Data Alliance Bounty has been set up to provide underrepresented and resource-limited parachains with Google Cloud’s secure data hosting infrastructure services and OnFinality’s universal data indexing support. To avoid redundancy and unnecessary costs, the alliance will also use existing data solutions—such as the Colorful Notion Substrate ETL project that has already indexed data from over 70 parachains—as well as open source data formats and services.

There are further plans for the alliance to offer shared community data visualization and reporting dashboards on top of Dotlake – with common metric definitions and computations, support for exporting the data to other known analytics platforms (e.g., Nansen, Dune Analytics), and educational materials to reduce knowledge gaps around working with Substrate and Cross-Consensus Message Format (XCM) data.

Mitesh Agarwal, Managing Director, Solutions and Technology, Asia Pacific, Google Cloud, said: “Web3 companies continue to build on Google Cloud because of the scalability, security, and sustainability of our enterprise-grade infrastructure and developer-friendly platform. As new industry use cases emerge, we’re focused on working with global organizations like Polkadot and OnFinality—who also serve a community of parachain builders in this region—to enhance the resilience of foundational layers, deliver high-quality on-chain and cross-chain datasets for easy analysis, and facilitate faster access to dApps for users.”

About Polkadot Polkadot is the blockspace ecosystem for boundless innovation. It enables Web3’s biggest innovators to get their ideas to market fast, with flexible costs and token options. By making blockchain technology secure, composable, flexible, efficient, and cost-effective, Polkadot is powering the movement for a better web.

About OnFinality OnFinality is a blockchain infrastructure platform that saves Web3 builders time and makes their lives easier. OnFinality delivers scalable API endpoints for the biggest blockchain networks and empowers developers to automatically test, deploy, scale, and monitor their own blockchain nodes in minutes. To date, OnFinality has served hundreds of billions of RPC requests, supports over 100 networks including Avalanche, BNB Chain, Cosmos, Polkadot, Ethereum, and Polygon, and is continuously expanding these mission-critical services so developers can build the decentralized future, faster.

About Google Cloud Google Cloud accelerates every organization’s ability to digitally transform its business and industry. We deliver enterprise-grade solutions that leverage Google’s cutting-edge technology, and tools that help developers build more sustainably. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

Press release: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.