Latest News
Following Initial Backing From Coinbase Ventures, OKX Ventures, and Solana Ventures, Unite Secures $3 Million Seed Extension From Superlayer to Build Web3 Mobile Gaming Infrastructure
- Marc Andreessen, Yat Siu, Chris Dixon, Gary Vaynerchuk, Paris Hilton, Nas, Sahil Bloom, and Keisuke Honda-backed Web3 venture studio Superlayer has made a $3 million seed extension round investment in Unite.
- Seed round investors include Coinbase Ventures, OKX Ventures, and Solana Ventures signal continued confidence in Unite’s innovative vision for the future of mobile gaming.
- The funds will accelerate Unite’s mission to become the first Layer 3 blockchain solution for mass-market mobile games.
SINGAPORE, June 11, 2024 /PRNewswire/ — Unite, the pioneering Layer 3 blockchain solution for mass-market mobile gaming, today announced a successful $3 million seed extension round led by Superlayer, a leading web3 venture studio specializing in gaming and consumer applications.
Unite envisions the future of crypto being driven by mass-market consumer adoption, with mobile games at the forefront. Recognizing the immense potential of mobile games for web3 growth, Unite is introducing its end-to-end solution for players, game developers, and web3 communities. This initiative aims to provide a groundbreaking experience in next-generation mobile gaming by addressing the growth congestion in the current infrastructure offerings.
Superlayer shares Unite’s philosophy that gaming and consumer applications are pivotal to the mass adoption of web3. This investment will enable Unite to accelerate the development of its mobile gaming infrastructure, including its blockchain and node component, game development service SDK, wallet SDK, and the introduction of more innovative games. Superlayer is backed by renowned investors and celebrities, such as Marc Andreessen, Yat Siu, Chris Dixon, Gary Vaynerchuk, Sahil Bloom, Paris Hilton, Nas, and Keisuke Honda, among others.
Beyond this latest investment, Unite has received unwavering support and confidence from its seed round investors during its rebranding from Taki. Leading web3 VCs, including Coinbase Ventures, OKX Ventures, Solana Ventures, Gemini Frontier Fund, HTX Ventures, Kraken Ventures, Formless Capital and more, have affirmed their commitment to Unite’s vision. This strong endorsement highlights the belief in Unite’s potential to transform the mobile gaming industry.
Unite’s recent launch marks a strategic shift towards developing an innovative Layer 3 blockchain solution dedicated to enhancing the web3 mobile gaming experience. The company aims to support massive active user interactions on-chain and foster a sustainable revenue-backed economy model, driving growth within the web3 mobile gaming ecosystem.
The first half of 2024 has witnessed substantial growth in the web3 gaming sector, characterized by a surge in unique wallets and a consolidated fully diluted value of the sector. Despite these promising developments, Unite acknowledges the challenges ahead and remains steadfast in addressing them proactively.
To facilitate web3 mobile gaming development, Unite plans to offer a comprehensive toolkit that includes an end-to-end L3 chain solution, a developer-friendly SDK, and a sustainable tokenomic model. These initiatives are designed to empower developers and cultivate a thriving web3 mobile gaming community.
In addition to infrastructure development, Unite is actively pursuing go-to-market strategies, partnerships, and community-building initiatives. Last week, Unite unveiled its highly anticipated inaugural season of the in-game airdrop campaign, demonstrating its commitment to community empowerment.
Weiwei Geng, CEO of Unite, expressed gratitude for the unwavering support of early investors, emphasizing the project’s vision to establish a sustainable web3 mobile gaming ecosystem: “With Unite’s infrastructure, developers can effortlessly launch web3 mobile games, enabling players to retain ownership of the value they have created in-game. This transformative approach not only benefits players but also opens new avenues for traditional mobile gaming to thrive in the web3 era.”
Unite remains dedicated to driving innovation in the mobile gaming industry and is excited to pioneer the next frontier of web3 gaming.
About Unite
Unite is on a mission to build the first Layer 3 blockchain solution for mass-market mobile games, targeting the 2.8 billion players and the $90 billion revenue generated from the mobile game market. Focused on enhancing player experience with in-game earning capabilities, Unite offers a comprehensive L3 solution encompassing chain, client, ecosystem and establishing a decentralized physical infrastructure (DePin) built on billions of daily active mobile devices worldwide.
Founded by veterans in mobile, gaming and web3 infrastructure who served as founders and executives of some of the biggest names, Unite is leading the innovation to the mobile games.
For more information, visit Unite’s official website, follow us on Twitter, and join the Unite Discord community.
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Latest News
COCA Celebrates Q2 2024 with Record-Breaking Milestones and New Launches
HONG KONG, Aug. 7, 2024 /PRNewswire/ — COCA, a pioneering force in the crypto wallet and financial services industry, has achieved several remarkable milestones in Q2 2024. Thanks to the steadfast support of its user community, COCA has launched new features, expanded its partnerships, and garnered prestigious accolades, further solidifying its position as a leader in the crypto space.
Launch of Physical Cards
COCA has introduced its highly anticipated physical cards, which are now available globally and compatible with Apple Pay and Google Pay. These cards allow users to make transactions with ease, earning cashback rewards on their purchases. This significant launch marks a step forward in integrating crypto with everyday financial activities, enhancing user convenience and financial flexibility.
Wallet Growth Milestone
The company has reached a significant milestone with 510,000 active wallets, reflecting a 102% growth quarter-on-quarter. This surge in active wallets highlights the increasing trust and adoption of COCA’s platform, as more users join the COCA community to manage their crypto assets securely and efficiently.
Transaction Volume Surge
In Q2 2024, COCA processed over USD 450,000 in transactions through its platform, demonstrating the robust usage and popularity of its financial services. This impressive transaction volume underscores COCA’s commitment to providing smooth and efficient crypto payment solutions.
Integration with Revolut
COCA has made it easier for users to fund their wallets by integrating with Revolut. This new feature allows seamless loading of crypto assets, enhancing the overall user experience and accessibility of COCA’s services.
Award Recognition
COCA has been honoured with the “Best Startup” award in the Financial Revolution category at CONF3RENCE & BLOCKCHANCE 2024. This award is a testament to COCA’s innovative approach and significant impact on the future of finance, recognizing its efforts in driving forward the digital financial ecosystem.
New Strategic Partnerships
COCA has formed strategic partnerships with industry leaders such as Wirex Pay and GoMining. These collaborations aim to provide users with enhanced rewards and a superior overall experience. The partnerships signify COCA’s dedication to expanding its ecosystem and delivering greater value to its users.
Welcoming Pavel Matveev
COCA is excited to announce the addition of Pavel Matveev, Founder of Wirex, to its team as a Strategy and Product Advisor. Pavel’s extensive experience and visionary approach are expected to drive COCA’s strategic initiatives and product development, contributing to the company’s continued growth and innovation.
Season 2 Point System Launch
Season 2 of COCA’s popular point system has launched, offering users the opportunity to earn points through various activities, including trades, referrals, holding assets, and spending with COCA cards. With a prize pool of USDT 3500 and 5 Wirex Pay Nodes, this season promises exciting rewards and increased user engagement. The season ends on August 9th, so users are encouraged to participate actively.
NFT Giveaway
In a special giveaway, COCA distributed 1000 GoMining NFTs to lucky users. These NFTs provide unique benefits, including enhanced mining capabilities and exclusive digital collectibles, adding significant value to the user experience.
For further details on COCA’s Q2 achievements and upcoming initiatives, visit the company’s blog.
Website: coca.xyz
COCA continues to redefine the crypto experience with its innovative solutions, seamless integrations, and user-focused approach. The company’s recent milestones and future plans highlight its commitment to leading the way in the digital financial landscape.
About COCA
COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.
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View original content:https://www.prnewswire.co.uk/news-releases/coca-celebrates-q2-2024-with-record-breaking-milestones-and-new-launches-302216619.html
Latest News
Stake and Earn with KuCoin’s Innovative GemPool Platform
VICTORIA, Seychelles, Aug. 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to announce the launch of GemPool, its innovative new platform that allows users to acquire token airdrops as a reward for staking their crypto assets. This unique product is designed to provide early access to emerging crypto projects while offering rewards for their existing holdings at zero cost. By staking respective tokens in separate pools, users can farm new tokens and gain a foothold in the latest developments within the cryptocurrency market.
GemPool also offers flexible staking terms, allowing users to stake and un-stake their assets anytime within the designated period without lock-up restrictions. This flexibility ensures that users can manage their assets according to their preferences and market conditions. Additionally, GemPool provides zero-cost rewards, enabling users to earn tokens while holding their existing cryptocurrencies. By staking their tokens, users contribute to the growth of promising new projects, supporting innovation and development within the crypto space. With completion of tasks offered, users are eligible to earn multiplier bonus and receive more rewards.
Users can participate by staking KCS, USDT, or other specified assets in designated pools. The rewards are earned according to the respective yields of the pools, ensuring a fair and exciting experience for all users.
For more information on how to participate and the benefits of GemPool, please visit the KuCoin GemPool page.
About KuCoin
Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.
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View original content:https://www.prnewswire.co.uk/news-releases/stake-and-earn-with-kucoins-innovative-gempool-platform-302216471.html
Latest News
Trust Wallet Launches Gamified Education Platform and Loyalty Program to Enhance and Reward Web3 Learning
DUBAI, UAE, Aug. 7, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet and Web3 gateway trusted by over 130 million users, has launched Trust Wallet Quests, a gamified education platform within the Trust Wallet mobile app which encourages users to earn points while exploring and learning about Web3.
Users can engage in task-based challenges ranging from quizzes to complex problem-solving scenarios composed of various DeFi and Web3 activities, all designed to deepen their understanding of blockchain technology and decentralized applications (dApps), and expose them to exciting opportunities within Web3. As an incentive, users will earn Trust Points, a loyalty-based points system designed to reward user activity within the Trust Wallet mobile app. With Trust Points, users can earn rewards upon the completion of specific tasks, making Web3 more rewarding and fun.
In the future, Trust Points will offer additional gamification features, such as unlocking achievements, badges, and levels. This interactive approach not only boosts individual learning but also contributes to broader community education and adoption of decentralized technologies, making Trust Wallet Quests a dynamic and exciting way to reward loyal users and engage with communities in Web3.
On the motive for launching Trust Wallet Quests, Eowyn Chen, CEO of Trust Wallet, stated: “The complex technology and fast-paced industry can be intimidating for both new and seasoned users. The introduction of Quests on Trust Wallet further solidifies our commitment to making it easier for millions to navigate Web3, aligning perfectly with our mission to build a seamless Web3 hub and open ecosystem for all.”
Nate Zou, Head of Product at Trust Wallet, highlighted what to expect from Trust Points and Trust Wallet Quests: “Trust Points and Quests are just the first iteration of a much-needed reward system for our community. Within 2024, we have plans to build on this, combining rewards with many of our other web3 product offerings. Overall, we envision this points system not only changing how users engage with Trust Wallet, but also encouraging more collaboration between Trust Wallet, our users and other web3 ecosystem players.”
Trust Wallet Quests and Trust Points are now available on both Android and iOS versions of Trust Wallet’s mobile app. Download here: https://short.trustwallet.com/TrustWalletQuests
About Trust Wallet
Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.
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View original content:https://www.prnewswire.co.uk/news-releases/trust-wallet-launches-gamified-education-platform-and-loyalty-program-to-enhance-and-reward-web3-learning-302215130.html
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