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Off the Grid, by Gunzilla, nabs the #1 slot on Epic Games Store
Off The Grid brings next-gen cyberpunk F2P battle royale on major platforms. Users can now download, play, and stream the game in early access mode. Phase 1 includes the first wave of locations (Teardrop Island), weapons, and game modes (PVP and PVE).
👉 gameoffthegrid.com
Avalanche to repurchase AVAX sold to Terra's LFG in 2022 deal
While the Avalanche didn't announce the deal's financial terms, the current value of 1.97M AVAX is about $56M, a 44% decrease from the original $100M value. The agreement will be enacted pending approval from the court in charge of Terraform Labs' estate.
👉 theblock.co/post/320833/avalanche-foundation-to-repurchase-tokens-sold-to-terras-lfg-in-2022-deal-pending-court-approval
Gate Ventures unveiled a Move-based accelerator
The $20 million fund established by Gate Ventures, Movement Labs and Boon Ventures will invest in projects and accelerate the development of Move-based technologies. Movement Labs is building a network of Move-based blockchains.
👉 gate.io/announcements/article/39866
MAJOR UPCOMING EVENTS IN OCTOBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Trending NFT Collections across the major NFT Marketplaces
Let's have a look at NFT Collections trending searches from OpenSea, Blur, Magic Eden, Tensor, and Unisat sorted by 7-day floor price change. Among TOP 5 Collections are BiG iNC, Blocks of Art, Sun Signals, Blob Army, and Billy Cats.
Bitcoin-backed stablecoin developer Yala raised $8 million in a Seed funding round
Polychain Capital and Ethereal VC led the Seed funding round. Other investors include Galaxy Vision Hill, Anagram, ABCDE, Amber, HashKey Capital, Satoshi Lab, and UTXO. The launch of Testnet is expected this month, while Mainnet scheduled for Q1 next year.
👉 theblock.co/post/320508/bitcoin-backed-stablecoin-developer-yala-funding
Web Traffic Spotlight in September: Decentralized Exchanges
Web traffic info shows how many users visited a website. The website viewership helps understand the popularity of the website, website audience geography, and other valuable details.
Data provided by similarweb.com
Ubisoft launches its first crypto game on October 23
Called "Champions Tactics," the new title is an RPG where players collect and assemble teams of Dungeon & Dragons-style characters used to battle other users. This week Gunzilla Games launched an early access version of a web3, Fortnite-style battle royale game.
👉 theblock.co/post/320471/assassins-creed-developer-ubisoft-launches-first-crypto-video-game-champions-tactics
World Liberty Financial (WLFI) will hold token sale next week
The project looks to raise $300M at a $1.5B valuation by selling 20% of the token supply. WLFI is a governance token used to vote on decisions regarding the future development of the WLFI platform. These tokens will be non-transferable for the first 12 months.
👉 theblock.co/post/320430/trump-world-financial-liberty-raise
Aethir (ATH) launches a $100 million Fund to accelerate AI & Gaming innovation
The new fund will distribute 336M of ATH as it aims to revolutionize AI and gaming with advanced GPU access. The initiative includes the Aethir Catalyst program, the foundation for funds allocating $20M to support 100+ projects through grants and subsidies.
👉 cointelegraph.com/news/aethir-launches-100m-fund-accelerating-ai-gaming-innovation
Blast-native DEX Thruster announced a 35M THRUST Airdrop along with its tokenomics
Thruster to airdrop 35 million of THRUST (7% of total supply) to 135K protocol users. The airdrop will be distributed half in fully unlocked THRUST and half in veTHRUST min-staked for at least 13 weeks.
Thruster tokenomics include 55% of tokens allocated for community: airdrop (7%), liquidity management (5%), gauge emissions (40%), and ecosystem growth (3%).
👉 blog.thruster.finance/Introducing-THRUST-ffd9f3c7897d4cfdae9c1d8e722f2bb5
Liquid restaking protocol Puffer introduced its token along with community airdrop
The PUFFER total supply is 1B, with an initial supply of 102.3M (10.23% of total supply). PUFFER token will be based on a vote escrow mechanism, allowing users to stake for vePUFFER - a token with governance rights proportional to their votes.
The project has allocated 7.5% (75M tokens) of supply for "Crunchy Carrot Quest" Aidrop Season 1, with snapshot taken on Oct 1. The second season, currently taking place, will allocate 5.5% of tokens. The airdrop claim process will begin on Oct 14 and remain open until Jan 14.
👉 theblock.co/post/320386/liquid-restaking-and-rollup-platform-puffer-introduces-token-along-with-community-airdrop
THE MOST POPULAR STAKING PROVIDERS BY THE NUMBER OF USERS
The ranking shows the number of unique on-chain delegators working across all supported networks. The most common featured assets are Ethereum, Polygon, Cosmos, Kava, Osmosis, Akash, Tezos, and SUI.
Data provided by stakingrewards.com
Top blockchains by Unique Active Wallets interacting with the dApps in the last 30 days
The infographic depicts the total number of summed-up unique active wallets (UAW) in the last 30 days tracked by DappRadar for all listed dapps on the different blockchains.
delta has closed an $11 million funding round
Funding participants include Variant, DBA, Figment Capital, Maven 11, Reverie, Public Works, Credibly Neutral, Delphi Ventures and Robot Ventures among others. Delta is an L1 platform challenging the status quo for building high-throughput decentralized apps.
👉 x.com/deltadotnetwork/status/1844019646179205583
Top-15 DePin Coins by Market Capitalization
DePIN stands for Decentralized Physical Infrastructure Networks, which utilize blockchain and token rewards to construct and manage real-world infrastructure.
KIP Protocol (KIP) released Genesis Pass NFT collection
The 3,888 NFTs collection is divided into 3 tiers. NFT holders will be eligible for KIP airdrop at TGE, partner airdrops, Staking and Yield Programs, and rewards program. KIP Protocol is an open-source Web3 framework for AI applications, backed by Animoca Ventures.
👉 x.com/KIPprotocol/status/1845104734165926351
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.34T (+0.44%)
BTC Price: $64,048 (+2.02%)
BTC Dominance: 54.2% (+0.20%)
Fear & Greed Index: 48 (Neutral)
Total Value Locked: $130B (-1.59%)
Crypto Events Recap, October 10-11
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-october-10-11-2024
Paradigm announced a $20 million investment in Ithaca, an L2 built with Reth and OP Stack
Odyssey is the name of Layer 2 that Ithaca will build as part of a larger technology stack. The Lsyer 2 built with Reth and Optimism OP Stack, is now live on Testnet. Paradigm is a crypto venture capital firm with investments in Uniswap, Coinbase, and Flashbots.
👉 theblock.co/post/320714/paradigm-invests-20-million-in-ithaca-a-spinoff-building-layer-2-blockchain-from-the-future
bitSmiley (SMILE) unveiled details of Harvest Season Airdrop
The Harvest Airdrop claim pages will be dropped on separate dates based on Airdrop actions. Among bitSmiley events qualified for Airdrop are Peoples Launchpad, Truemem Show, bitDisc Black, Season One bitPoint, community events, and bitDisc Black Stakers.
👉 medium.com/@bitsmiley/bitsmiley-harvest-season-airdrop-feeb4163f73f
Ethernity (ERN) launches its mainnet on October 29th
Ethernity Chain is an entertainment-focused Layer 2 chain built on OP stack bringing Plug & Play Toolkit for brands to build next-gen Web3 apps spanning Web3 games, digital collectibles, and RWAs.
👉 x.com/EthernityChain/status/1844470683101020182
Top 15 Projects by Network Growth over the past 30 days
Network growth shows the percentage increase in new addresses that transferred a given token for the first time in the selected period compared to the previous one.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.22T (-1.19%)
BTC Price: $60,706 (-0.18%)
BTC Dominance: 53.9% (-0.20%)
Fear & Greed Index: 32 (Fear)
Total Value Locked: $130B (-0.32%)
OpenGradient raised $8.5 million in Seed funding backed by a16z CSX
Investors in the round also includes Coinbase Ventures, Symbolic Capital, Foresight VC, SALT, SV Angel, Canonical Crypto, Black Dragon Capital, Celestia, NEAR Protocol, and Thanefield Research. OpenGradient is a leading decentralized AI infrastructure company.
👉 opengradient.ai/blog/opengradient-raises-8-5m-to-decentralize-ai
Uniswap Labs unveiled Unichain, its own L2 built on Optimism OP Stack
Unichain will become a part of Superchain, an Optimism-affiliated network with an L2 Base onboard. Unichain is set to go live on a private Testnet on Thursday. Uniswap Labs says adding its own network will bring faster, cheaper transactions with more liquidity.
👉 coindesk.com/tech/2024/10/10/uniswap-developer-unveils-own-layer-2-network-unichain-built-on-optimism-tech
US charges four crypto firms for market manipulation
Federal prosecutors in Boston charged the Gotbit, ZM Quant, CLS Global, MyTrade and their leaders & employees. Five people have already agreed to plead guilty or have done so.
👉 reuters.com/legal/us-charges-18-people-companies-cryptocurrency-fraud-2024-10-09
COTI (COTI) partners with Gitcoin (GTC) to launch a $500K grants program
Under this partnership, COTI will leverage Gitcoin’s grants management tools and services to onboard new cohort of developers and privacy projects to its ecosystem. COTI is a blockchain-based payments infrastructure company.
👉 cotinetwork.medium.com/coti-and-gitcoin-partner-to-deliver-500k-in-new-grants-for-privacy-projects-2eb6c052cdd9
Velvet.Capital integrates with Morpho on Base Layer 2
The integration allows users of Velvet Capital to get access to Morpho Vaults and features the release a special Morpho ETH Yield Vault for users to earn extra pVLV. Velvet is a DeFi management platform, backed by Binance Labs.
👉 x.com/velvet_capital/status/1844025416019018168
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.23T (-3.28%)
BTC Price: $60,876 (-2.04%)
BTC Dominance: 54.1% (-0.10%)
Fear & Greed Index: 39 (Fear)
Total Value Locked: $130B (-0.74%)
