Latest news with #GameFi
Yahoo
21-05-2025
- Business
- Yahoo
Ajna Capital Invests in SuperSol: Powering Solana's First Native Layer-2 to Drive Scalable On-Chain Growth
DUBAI, UAE, May 21, 2025 /PRNewswire/ -- Ajna Capital, a leading early-stage Web3 venture fund, has included SuperSol as part of its growing portfolio of next-generation blockchain investments. SuperSol, the first native Layer-2 solution purpose-built for the Solana blockchain, represents one of several strategic projects Ajna Capital is backing to drive scalable on-chain growth. This founding stake highlights Ajna Capital's conviction in Solana as a foundational asset class for the next generation of internet infrastructure — and its commitment to supporting projects that make Solana faster, more scalable, and more resilient. SuperSol addresses critical challenges in the Solana ecosystem — including network congestion and performance bottlenecks — by introducing a rollup-based architecture that improves throughput and lowers costs without fragmenting liquidity. Unlike traditional L2s, SuperSol is designed to be seamless for users and developers, ensuring that transactions ultimately settle back on Solana's base layer without requiring ecosystem migration. At the heart of SuperSol's innovation are its Evanescent Rollups, a demand-driven approach to high-speed execution on Solana. These rollups activate dynamically, processing transactions off-chain and submitting cryptographic proofs to Solana's mainnet only when necessary. This ensures instant transactions and scalability without overloading the base layer. By preventing wasted resources and reducing computational overhead, SuperSol ensures predictable transaction costs, allowing developers to build with confidence. Eva Oberholzer, CEO of SuperSol, brings a wealth of experience to the project. As the former Chief Growth Officer at both Cardano and Dfinity, she has been instrumental in scaling blockchain ecosystems. Eva co-founded SuperSol to scale Solana efficiently while preserving the speed, security, and efficiency that define it. "We're building the most robust Layer-2 for Solana — designed from the ground up for high-performance applications," said Eva Oberholzer. "With Ajna's backing, we're doubling down on our vision to deliver seamless scalability for gaming, DeFi, and beyond." Key Highlights of SuperSol: Solana-Native L2: SuperSol is the first Layer-2 rollup architecture designed specifically for Solana, optimized for high throughput and ultra-low latency. Evanescent Rollups: A demand-driven approach to high-speed execution, ensuring instant transactions and scalability without overloading the base layer. No Fragmentation: All SuperSol transactions eventually settle on Solana, maintaining composability and liquidity across the ecosystem. Built for High-Performance Apps: From DeFi to GameFi to DePIN, SuperSol's infrastructure enables real-time, scalable execution for demanding applications. Developer-Focused Execution: Offers customizable environments tailored to the needs of next-gen Solana builders. SuperSol is currently raising a strategic round to scale its team, expand validator infrastructure, and onboard its first wave of DeFi and gaming partners, alongside several other high-potential Web3 projects supported by Ajna Capital. "Being an early investor in Solana — SuperSol was a natural extension and a no-brainer," said Gourish Singla, Founding Managing Partner of Ajna Capital. "Their rollup-first approach is exactly what the network needs right now: scalability without compromise, composability without fragmentation. We're excited to support their mission to make Solana unstoppable." About Ajna CapitalAjna Capital is a Web3-native early-stage venture fund backing bold founders building core infrastructure and real-world blockchain applications. About SuperSolSuperSol is a blockchain infrastructure company developing Layer-2 scaling solutions to enhance performance and usability within the Solana ecosystem. SuperSol on X/Twitter: ContactAjna Capitalpr@ Photo: View original content to download multimedia: SOURCE Ajna Capital
Associated Press
20-05-2025
- Business
- Associated Press
LITRBULL's GameFi Token $LITR Launches on MEXC, Powering a Strategy Game Ecosystem on TON Blockchain
05/20/2025, London, UK // KISS PR Brand Story PressWire // LITRBULL, a rising GameFi project that blends humor, strategic gameplay, and blockchain innovation, announces the official listing of its native token, $LITR, on global cryptocurrency exchange MEXC. Built on The Open Network (TON), LITRBULL redefines what it means to be a 'utility coin' by combining viral culture with tangible in-game utility. Players earn and use $LITR in a Telegram-based strategy game inspired by classics like Heroes III, where every click, farm upgrade, and battle plays into a dynamic, token-driven economy. The game currently boasts over 300,000 users, with 170,000 monthly active users and 5,000–7,000 daily players. 'LITRBULL isn't just a meme with bulls — it's a meme with a mission,' said a representative from LITRBULL. 'We're building a full-fledged financial ecosystem that makes blockchain fun, rewarding, and accessible to everyone.' In discussions with developers at LITRBULL, emphasized that the project is more than just entertainment: 'LITRBULL isn't just a meme with bulls — it's a meme with a mission. We're building a full-fledged financial ecosystem that makes blockchain fun, rewarding, and accessible to everyone.' LITR serves as the backbone of the LITRBULL game economy with a wide range of uses: The MEXC listing opens up $LITR trading to a global audience, driving liquidity and accessibility for the project's fast-growing player base. About LITRBULL LITRBULL is a Telegram-native GameFi project built on the TON blockchain, combining the virality of memecoins with a strategy-based RPG clicker game. Launched in 2024, LITRBULL has quickly attracted over 300,000 users with its unique blend of humor, community-driven gameplay, and decentralized token utility. The project is part of the emerging wave of games redefining user engagement in the Telegram and TON ecosystem. Follow LITRBULL on Twitter and Telegram for updates, events, and community news. Media Contact: Robert Penington [email protected]
Yahoo
13-05-2025
- Business
- Yahoo
Animoca Brands Plans U.S. Listing to Capture 'Unique Moment' of Trump Administration: FT
Animoca Brands, a Web3 investment company, is planning a public listing in New York, seeking to capture the "unique moment" offered by the Trump administration's approach to digital asset regulation, executive chairman Yat Siu told the Financial Times. An announcement on plans to list could be made soon, Yat Siu said in an interview, according to the Financial Times. Under former President Joe Biden, the U.S. crypto regulatory landscape was littered with lawsuits and enforcement actions against prominent crypto companies such as crypto exchanges Coinbase and Kraken. These have been dropped this year in a signal of the more friendly approach to the digital asset industry by the Trump administration. 'If the U.S. didn't do what they did with the regulators [under Biden], we probably would have competitors in the U.S.," Siu said. "It's a unique moment in time. I feel like it would be one heck of a wasted opportunity if we didn't at least try." The Hong Kong-based company has been a prominent investor in the Web3 industry for a number of years, having risen to prominence during the non-fungible token (NFT) boom of 2021. Its investments include blockchain game Axie Infinity, NFT marketplace OpenSea and Kraken. Kraken is itself considering selling shares to the public for the first time in the U.S. next year. Beyond investments in NFTs and GameFi projects, Animoca Brands' most recent financial report showed a pivot towards its advisory service, which covers token advisory, tokenomics, marketing, listing advisory, node operation and trading services. Animoca holds $293 million in cash and stablecoins, $538 million in digital assets, and $2.9 billion in off-balance-sheet token reserves on its balance sheet, according to its latest report. The company did not immediately respond to CoinDesk's request for further comment. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
12-05-2025
- Business
- Cision Canada
MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers
VICTORIA, Seychelles, May 12, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops. Key Takeaways: MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors. Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%. Tokens with high spot trading volume saw daily returns averaging 403.49%. By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges. Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user. According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC's agile listing strategy and commitment to supporting new niches and communities. Top New Listings Deliver 832% Average Peak Returns MEXC's strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon. Strong Daily Performance Tied to Trading Volume April's top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets: WCT (+849.40%) BANK (+937.10%) BABY (+738.00%) The early token growth metrics highlight that activity on the platform is an important signal for early traders. MEXC Empowers Traders with Early Price Discovery Capabilities Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events: The report findings reinforced MEXC's reputation as a platform where market momentum is often detected first. Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools. Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
Associated Press
11-05-2025
- Business
- Associated Press
Polyverse (PTC) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands--(Newsfile Corp. - May 11, 2025) - LBank Exchange, a leading global digital asset trading platform, has announced the listing of Polyverse (PTC) on May 1, 2025. The PTC/USDT trading pair is now live for users worldwide at opening a new gateway to blockchain gaming innovation and Web3 economic empowerment. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: As blockchain and Web3 technologies continue to reshape global digital ecosystems, Polyverse is at the forefront of merging high-quality browser-based gameplay with a powerful, intuitive decentralized economy. Through its integration of NFTs, staking, governance, and seamless token utility, Polyverse aims to break traditional barriers in GameFi and set a new standard for the sector. Polyverse: Redefining GameFi with Seamless Web3 Integration Polyverse is a next-generation GameFi platform designed to revolutionize the gaming experience by blending immersive browser-based gameplay with comprehensive Web3 functionality. By embedding NFTs, staking mechanisms, and a full-featured in-game economy powered by its native token $PTC, Polyverse allows users to fully participate in both the entertainment and economic dimensions of gaming. The platform introduces a dual NFT model, offering both external access NFTs and in-game minted NFTs. Players can harvest resources, craft and mint assets, stake their tokens for rewards, and participate in tournaments-all within a robust, player-owned ecosystem. Access to the game is flexible, allowing entry through NFT ownership or token staking, lowering barriers to entry and promoting mass adoption. Polyverse's broader vision encompasses a sustainable economic system where user participation drives both platform growth and token value. The integration of staking, DAO governance through $GCV tokens, and a dynamic rewards structure ensures a vibrant and evolving community, where every interaction contributes to the overarching success of the ecosystem. Tokenomics The native token of Polyverse, $PTC, serves as the backbone of the platform's economy, facilitating in-game transactions, NFT minting, staking, and governance participation. Designed with a long-term sustainability model, $PTC underpins every aspect of user interaction within the Polyverse ecosystem. Key Details: Initial Valuations and Metrics: Token Allocation: Circulation and Unlocking Schedule: The tokenomics structure is designed to balance three critical factors: investor confidence, functional ecosystem usage, and inflation control. By ensuring a predictable monthly unlock and gradual supply increase, Polyverse maintains token value stability while incentivizing long-term engagement from players, developers, and stakeholders alike. Use Cases for $PTC: With its carefully crafted token economy, Polyverse creates a sustainable, player-driven platform where gameplay achievements and economic success are deeply intertwined. Learn More about Polyverse Website: About LBank Founded in 2015, LBank is a top crypto exchange offering financial derivatives, asset management, and secure trading. With over 15 million users across 210+ regions, LBank ranks in the top 20 for spot trading and top 15 for derivatives trading globally, ensuring fund integrity and supporting global crypto adoption. Leveraging its acute market insight and expertise, LBank always takes the lead in spotting and listing Alpha altcoins. The platform was among the first to list popular gem coins like BONK, BOME, and FLOKI, as well as emerging favorites like NEIRO, MOODENG, GOATSEUS, and PNUT, offering impressive returns to investors. Start Trading Now: Community & Social Media: Telegram Twitter Facebook LinkedIn Instagram YouTube Press contact: [email protected] Business Contact: LBK Blockchain Co. Limited LBank Exchange [email protected] [email protected] To view the source version of this press release, please visit
