Ultiverse aims to empower users to build their own digital worlds, making them both entertaining and economically sustainable. The vision draws inspiration from immersive universes depicted in films like Ready Player One, Free Guy, and Westworld, but is enhanced through blockchain and AI integration. 

Founders and Team

Ultiverse was founded by Joe Zhou and Jimmy Liu, with Frank Ma serving as CEO. The team consists of experienced professionals in blockchain and AI, operating out of San Francisco, California. The community has grown to over 1.5 million, including NFT holders, media followers, and active gamers. 

Investors

Ultiverse has secured funding from leading crypto and venture capital funds: Sequoia Capital, Binance Labs, Defiance Capital, and SkyVision Capital (SVC). 

Partners

Strategic partners in technology, Web3, and NFTs include: Celer Network, CertiK, Chainlink, Meson Network, Element, X2Y2, Avatar, BreederDAO, and Maven 11 Capital. 

Project Concept and Technology

• Ultiverse aims to create a digital society through the combination of blockchain and AI. Key technology infrastructure: 
• AI Gaming Protocol: Uses large language models to enhance product design and user interaction. 
• Blockchain Technology: Provides a decentralized, secure, and transparent ecosystem. 
• GameFi and NFT Integration: Users can own and trade in-game assets. 
• DApps (Micro Worlds): Enables social interaction, collaboration, and content creation. 
• Media Matrix: Enriches the experience with virtual concerts, exhibitions, and educational content. 
• Ultiverse accelerates game design with AI while building a secure and sustainable digital economy through blockchain. 

Core Features 

The AI protocol is central to Ultiverse, supporting user interaction and content creation with large language models, making the ecosystem broad, intelligent, and adaptive. 

Bodhi Protocol (Gaming World) 

• On-chain games and NFT integration for immersive experiences. 
• True ownership of in-game assets and fair gameplay mechanics. 
• Games for all types of players (CCG, RPG, PTW, etc.). 

Micro Worlds (DApps) 

• Provides social and collaborative platforms. 
• Supports virtual meetings, creative projects, and community engagement. 
• AI-Powered Avatars (Ulti-Pilot) 
• AI-driven avatars move within the gaming world. 
• Personalizes gameplay and collects valuable data. 

NFT and Digital Economy 

• NFTs enable ownership and trade of digital assets. 
• Creates economic value through virtual real estate, in-game items, and collectibles. 

$ULTI Token 

• Multi-purpose utility in the ecosystem: transactions, governance, and rewards. 
• Payment method for Micro Worlds integration. 
• Active users and community participation are rewarded with $ULTI. 

Tokenomics 

• Total Supply: 10,000,000,000 ULTI 
• Max Supply: 10,000,000,000 ULTI 
• Circulating Supply: 6,970,000,000 ULTI 

Distribution: 

• Investors: 20% 
• Airdrop: 8% 
• Liquidity: 3% 
• Community & Ecosystem: 46% 
• Core Contributors: 17% 
• IEO: 3% 
• Advisory: 3% 

Roadmap 

2023 [H2] 

• Bodhi AI Protocol launch & World Book introduction. 
• Game SDK and Web2 game integration. 
• NFT asset interaction rules development. 

2024 [H1] 

• Launch of Ultiverse Main World (supporting millions of users). 
• VR experience with Terminus PC and Vision Pro versions. 
• Establishment of ecosystem partnerships. 

2024 [H2] 

• Launch of AI game platform. 
• Ultiverse collection project for customization and interoperability in the game ecosystem. 
• Ultiverse is more than a gaming platform—it is an AI and blockchain-powered digital society. Users can be both creative and economically active, redefining the boundaries of digital worlds. 

Official Links

• Website
• Twitter

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post What is Ultiverse (ULTI)? appeared first on Coin Engineer.

Team and Founders

Rong Chen, founder and chief architect, is a former senior Microsoft software engineer with over 30 years of experience in operating systems. He created Elastos with a vision of a secure “World Computer.” 

Sunny Feng Han, co-founder and economic advisor, graduated from Tsinghua University School of Economics and Management. He works alongside Chen on ecosystem strategies and the economic model of the project through the Elastos Foundation. 

Investors and Key Partnerships

Elastos has received over 200 million RMB in funding from industry giants including Tsinghua Science Park, TD-SCDMA Industrial Alliance, and Foxconn Group. 

Key partnerships include: 

• ElacityLabs: Develops cDRM tech for P2P trading. 
• Bitmain: Provides merged mining hardware support. 
• OKMINER, f2pool & ViaBTC: Supply hashrate to secure the network. 
• Tencent Cloud: Supports Chen’s operating system expertise. 

Concept and How It Works

Elastos ensures digital assets are scarce, identifiable, and tradeable. Using blockchain, digital content receives verifiable identities, enabling creators to monetize their work. 

The Elastos Smart Network has four main components: 

• Elastos Blockchain: Creates secure identities for every device, person, website, and digital asset. Uses main chain and sidechains to keep dApps separate from the main chain. 
• Elastos Runtime: Lightweight OS that blocks direct internet access for apps, protecting user data from malware. 
• Elastos Carrier: Fully decentralized P2P network that transmits app traffic. 
• Elastos SDK: Provides tools for apps to access Elastos Smart Network identities and Carrier services. 
• Elastos uses merged mining with Bitcoin to secure its network, leveraging existing computing resources while remaining environmentally efficient. 

Governance

Elastos is governed by a global community including founders, angel investors, crowdfunding participants, and the Elastos Foundation (registered in Singapore). ELA holders collectively shape the network’s future through decentralized decision-making. 

Roadmap 

• H1 2025: Launch BeL2 Arbiter nodes for local Bitcoin DeFi, deploy Elacity v3 marketplace, integrate BeL2 lending dApp. 
• H2 2025: Finalize BeL2 protocol with ELA staking, BTC model support, expand developer tools, update World Computer. 
• 2026: Full integration of decentralized OS features, strategic partnerships, and global adoption initiatives. 

Token Information and Use Cases

The Elastos token (ELA) powers the decentralized internet infrastructure: 

• Governance: Voting in the Elastos DAO; 5,000 ELA required to be a council member. 
• Digital Identity: Manage decentralized IDs (DIDs) on blockchain. 
• Transactions & dApp Fuel: Gas token for smart contracts and dApps across sidechains. 
• Digital Assets & DeFi: Payments, asset trading, staking, and DeFi transactions. 
• Security: Bitcoin merged mining ensures high security. 

Token Details 

• Token Name: ELA 
• Max Supply: 28,210,000 ELA 
• Total Supply: 26,070,000 ELA 
• Use: DAO governance, community incentives, ecosystem activities 

Key Features 

• Community-driven PoI governance 
• BeL2 second-layer integration with Bitcoin 
• High security and network reliability 
• Open-source, decentralized infrastructure 
• Bitcoin-backed security and reserve features 

Security & Reserves 

• Merged Mining: Uses Bitcoin’s hashpower to secure ELA. 
• AuxPoW: Combines Bitcoin security with Elastos efficiency. 
• Reserve Asset: ELA provides economic stability for dApps and services. 

Official Links 

• Website
• Twitter
• Telegram
• Youtube

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Elastos (ELA)? DAO, DeFi, and Digital Asset Management appeared first on Coin Engineer.

Innovative two-tier staking and mini-pool technology enable a decentralized validator set with low entry barriers. With a capacity of 1 million validators, Dill supports mass adoption of dApps. The network delivers 800,000+ transactions per second (TPS) and 20 MB/s data throughput on standard hardware. 

Team and Founders 

Dill’s team consists of experts in blockchain development and distributed systems. The founders prioritize decentralization and high performance. Validators and partner nodes ensure network security and scalability. 

Investors and Partnerships 

Dill has established strategic partnerships with leading investors and blockchain projects to expand its ecosystem and accelerate DL token adoption. Validator partners enable secure and scalable dApp deployment. DL token will soon be listed on Binance Alpha. 

• Binance Labs: Strategic support via Season 7 Incubation Program. 
• FSL (Find Satoshi Lab): Early-stage investor and Web3 expert. 
• Modular Capital: Supports the project’s technical vision. 
• LayerZero Angels: Investors supporting cross-chain communication goals. 
• Individual Backers: Santiago R Santos, TN (Pendle), Víctor (Manta), Saku (Matr1x). 

Project Concept 

Dill aims to solve the blockchain trilemma, providing high decentralization, scalability, and security simultaneously. The platform enables independent execution environments for applications, allowing dApps to use their own resources efficiently, with low fees and high performance. 

Ethereum Limitation: Layer-2 solutions fragment the ecosystem, limiting Ethereum’s overall dApp impact.
Solana Limitation: High scalability compromises decentralization. 

How Dill Works 

Dill is a modular, sharded L1 blockchain built for scalability and decentralization. It has four main layers: 

• Base Layer – Handles consensus and data, securing the network with hundreds of thousands to millions of validators. 
• Settlement Layer – Ensures transaction finality and collects proofs, supporting security and validator rewards. 
• Execution Layer – Offers application-specific execution environments for independent operation and unlimited scalability. 
• Bridge Layer – Facilitates secure data and asset transfer between applications and layers, enhancing ecosystem interaction. 

Two-Tier Staking Model 

Dill uses a two-tier staking system for light and full validators. Light validators enable easy participation, while full validators ensure economic security and network stability, balancing decentralization with security. 

Governance 

Governance is conducted via token holders and validators. Validators play active roles in block production and consensus, ensuring both network security and participant involvement. 

Roadmap 

• Q3 2025 – Mainnet Launch: Launch of Dill mainnet with high scalability, security, and decentralization. 
• Q4 2025 – Ecosystem Launchpool: Launchpool supports new projects and dApps. 
• Q1 2026 – Third-Party Bridge Integration: Enables cross-chain asset and data transfers. 
• Q2 2026 – Secure Native Bridge: A native bridge for secure, efficient cross-chain communication. 

$DL Token – Use Cases and Distribution 

Purpose: Dill provides a modular, sharded L1 blockchain for high-performance, economically independent dApps. 

• Total Supply: 6,000,000,000 DL 
• Max Supply: 6,000,000,000 DL 
• Circulating Supply: 1,180,000,000 DL 

Primary Uses

• Network security & staking rewards 
• dApp operations: execution environments, sharding, bridge access 
• Launchpool participation: early access & token rewards 
• Governance: voting on upgrades, parameters, and ecosystem initiatives 

Token Distribution

• TGE Incentives & Liquidity: 15% (900M) 
• Ecosystem & Community: 37.5% (2.25B) 
• Foundation & Treasury: 10% (600M) 
• Early Contributors & Advisors: 20% (1.2B) 
• Investors: 17.5% (1.05B) 
• Vesting: Gradual release over 10–36 months for long-term growth. 

Staker Benefits 

• Higher staking yields 
• Early access to innovative dApps 
• Governance participation 
• Launchpool rewards in $DL and partner tokens 
• $DL is more than a token; it powers a decentralized economy supporting dApp development. 

Ecosystem 

Dill’s ecosystem includes validators, dApps, game developers, and AI agents. Launchpool and mini-pool staking enhance user and developer engagement, boosting DL demand and network security. 

Features 

• 800,000+ TPS and high data throughput 
• Supports up to 1 million validators 
• Two-tier staking model 
• Fast transaction finality with three-slot consensus 
• Application-specific execution environments 
• Low hardware requirements for light validators 
• Optimized for AI agents and fully on-chain games 

Official Links

• Website
• Twitter
• Medium

You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates instantly.

The post Dill (DL) Overview: Next-Gen Modular L1 Blockchain appeared first on Coin Engineer.

What Is Linea?

Linea enhances Ethereum’s scalability by increasing transaction speed and reducing costs, delivering a more accessible experience within the Web3 ecosystem. It leverages zero-knowledge proofs (ZKPs) based on Lattice-Based Cryptography to verify transaction accuracy without revealing their details. These proofs are submitted to the Ethereum mainnet, ensuring all transactions are securely recorded in Ethereum’s ledger while significantly lowering costs. Linea not only strengthens Ethereum’s value but also supports its developer ecosystem and contributes to its long-term economic model.

Linea Ecosystem

Project is built to support a versatile ecosystem applicable across various sectors, including bridging, NFTs, centralized exchanges (CEX), wallets, infrastructure, DeFi, launchpads, data services, development tools, and entertainment.

Bridging

• Stargate: A liquidity transfer protocol built on Layer Zero, Stargate enables users to move assets securely and quickly across networks.

• Orbiter Finance: A Layer 2 cross-rollup bridge, Orbiter Finance allows fast and low-cost transfers of Ethereum and other cryptocurrencies to networks like dYdX, Optimism, and Arbitrum.

Ethereum Name Service (ENS) Integration

Project is the first zero-knowledge Layer 2 network to implement the Ethereum Name Service (ENS) EIP-3668 standard in production. EIP-3668 introduces the CCIP Read function, enabling ENS to operate trustlessly on Layer 2 networks like this project. ENS names on project follow the name.linea.eth format, allowing users to replace complex hexadecimal addresses with human-readable names, simplifying transactions. These names are issued as NFTs to the associated account.

ENS Registration Requirements

• Proof of Humanity (PoH): Accounts must pass Proof of Humanity to register a linea.eth name.

• Sufficient ETH: Enough ETH must be available on the platform to cover transaction fees.

• Single Name Rule: Each account can register only one linea.eth name.

• Registration Period: The default registration period is three years and cannot be modified.

What Sets Linea Apart?

Project enhances Ethereum’s scalability through zero-knowledge (ZK) rollup technology. Rollups process transactions on Layer 2 and batch them to the Ethereum mainnet, significantly reducing gas fees. Project’s full EVM equivalence distinguishes it from other Layer 2 networks, enabling developers to use familiar Ethereum tools (e.g., MetaMask, Hardhat, Truffle, Foundry) without code modifications, making dApp migration and development straightforward.

Project’s ZK rollups use validity proofs to verify transactions, eliminating the seven-day challenge period required by Optimistic Rollups and providing instant finality. Additionally, Project’s Lattice-Based Cryptography offers resilience against quantum computing attacks, enhancing long-term security.

Project’s Features

• Full EVM Equivalence: Developers can deploy Ethereum dApps on project without code changes.

• Low Fees and High Speed: ZK-rollup technology enables fast, cost-efficient transactions.

• Security: Maintains Ethereum’s security while adding zero-knowledge proof safeguards.

• Developer-Friendly: Integrations with tools like MetaMask and Infura streamline development.

• Economic Alignment: ETH and LINEA token burns from Layer 2 fees support Ethereum’s value and ecosystem growth.

LINEA Tokenomics

The LINEA token is an economic coordination tool designed to incentivize real usage, support aligned applications and developers, and fund Ethereum’s long-term development. Token distribution is as follows:

• Ecosystem: 85%

• Consensys Treasury: 15%

• Early Contributors: 10%

On project, ETH is used as gas, and both ETH and LINEA tokens are burned from Layer 2 fees, increasing Ethereum’s value and supporting token scarcity.

Linea’s Partners

Project collaborates with leading projects such as MetaMask, Aave, 1inch, Chainlink, Circle, ENS, Etherex, Fireblocks, Lido, Mastercard, Sharplink, and Consensys. These partnerships enable project to build a robust ecosystem across DeFi, NFTs, payment systems, and tokenization.

Linea Team

Developed by Consensys, project is led by an experienced team:

• Joseph Lubin – Founder and CEO

• Rob Dawson – Chief Technology Officer (CTO)

• Chris McKibbin – Chief Operating Officer (COO)

• Simon Morris – Chief Strategy Officer

• Cole D’Ambrosio – Chief Financial Officer (CFO)

• Mark D. Young – Chief Revenue Officer and Data Advisor

Project aims to shape the future of Web3 by enhancing Ethereum’s scalability. Combining developer ease, low costs for users, and Ethereum’s security, project plays a pivotal role in the widespread adoption of decentralized applications.

Official Links

• Website
• X (Twitter)
• Whitepaper

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What Is Linea (LINEA)? appeared first on Coin Engineer.

The rebranding on August 1, 2024, wasn’t just a name change; it represented a strategic shift in vision. With this new identity, Sonic aims to offer greater scalability, faster transaction finality, lower fees, and a more developer-friendly Web3 environment. The network’s native token FTM became convertible 1:1 into the new S token, with the migration window remaining open for six months.

Core Pillars of Sonic: Speed, Security, and Interoperability

With its upgraded infrastructure, Sonic can theoretically process up to 10,000 transactions per second (TPS), with sub-second finality. This places Sonic among the fastest blockchains in the market.

At the heart of the network lies the Lachesis consensus protocol, built on asynchronous Byzantine Fault Tolerance (aBFT). Unlike traditional blockchains, Lachesis processes transactions by linking events rather than fixed blocks, allowing faster confirmation, reduced data usage, and ultra-low fees—typically as low as $0.001 per transaction.

Sonic is also fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to migrate Ethereum-based smart contracts without modifications. The Sonic Gateway bridge facilitates secure and low-latency cross-chain transactions between Sonic and Ethereum.

A Powerful Developer Incentive Model

Sonic Labs introduces an innovative revenue-sharing model to support on-chain developers. Through the Fee Monetisation (FeeM) program, developers can earn up to 90% of transaction fees generated by their decentralized applications (dApps).

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

This model resembles how content creators earn income through platforms like YouTube or TikTok, making Sonic not only technically compelling but also financially rewarding for builders.

S Tokenomics and Network Design

The S token is the native utility token of the Sonic network. It powers the ecosystem by enabling fee payments, staking, governance participation, and validator rewards. It also replaces the former Fantom (FTM) token, with a seamless 1:1 conversion process designed to onboard the existing community.

Key Metrics

• Total Supply: 3.175 billion S
• Initial Circulating Supply: ~2.88 billion S
• Maximum Supply: None (regulated through controlled inflation and burn mechanisms)

Airdrop Program

Six months post-mainnet launch, an additional 6% of S tokens (~190.5 million) will be minted and distributed to both Fantom Opera and Sonic users and builders.

• 75% of airdropped tokens are locked in a 270-day vesting period.
• Early claims are penalized via token burns to incentivize long-term commitment and active participation.

Inflation & Block Rewards

To maintain decentralization and incentivize validators, Sonic follows a balanced issuance model:

• For the first 4 years, no new S tokens will be minted. Rewards will be funded using unclaimed Fantom Opera block incentives.
• After year 4, new S tokens will be minted annually at a controlled rate of 1.75%.
• Each year, 47.625 million S tokens will be allocated for network growth, team expansion, and marketing—any unused tokens will be permanently burned.

The structure has been preserved post-transition, with greater flexibility introduced through staking incentives, dynamic burning, and airdrop-based community growth.

Funding and Investors

To date, Sonic has raised a total of $101.54 million. 59% came from private rounds, and 41% through public sales.

Notable Investors:

• Galaxy Digital
• OKX Ventures
• SoftBank
• Hashed Fund
• Signum Capital
• Andre Cronje (Creator of Yearn Finance, Advisor)
• Stani Kulechov (Founder of AAVE)

Sonic Team

• Michael Kong – CEO
• Andre Cronje – CTO, DeFi Architect & Advisor
• Ahn Byung Ik – Founder
• David Richardson – Co-founder
• Bernhard Scholz – CRO

Staking & Validator Incentives

S token holders can stake their tokens to support network security and earn rewards. Depending on the total staked supply, annual reward rates range from 1.75% to 7%. A 14-day unbonding period applies for unstaking.

Validators also earn a share of network fees in addition to block rewards, further incentivizing honest and secure participation in network operations.

The Future of Sonic

Sonic is on a mission to build a sustainable, high-speed digital economy for the Web3 era. With comprehensive developer tools, built-in interoperability, and negligible transaction costs, Sonic positions itself not just as a blockchain—but as a full-fledged decentralized ecosystem.

Already integrated into sectors like NFTs, DeFi, gaming, and enterprise services, Sonic aims to expand globally through strategic partnerships, ecosystem funding, and community-driven development.

Official Links

• Official Website
• Whitepaper
• X (Twitter)
• Telegram

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Sonic (S)? appeared first on Coin Engineer.

Benefits for Users and Developers

For Developers:

• Particle Network provides SDKs and APIs that enable developers to launch their projects quickly.
• With ready-made infrastructure solutions, developers can reduce initial costs and build their projects more cost-effectively.
• The platform is compatible with multiple blockchain networks, offering developers a broad range of options.

For Users:

• Users can securely interact with blockchain applications thanks to secure wallet integrations and user authentication systems provided by Particle Network.
• The platform’s scalable solutions allow users to execute transactions quickly and at lower costs.
• With decentralized identity management tools, users gain greater control over their data.

Why Choose Particle Network?

Several key reasons make Particle Network a preferred choice for developers and users:

• It offers an integrated infrastructure solution for both developers and end-users.
• High-security standards and data protection are among the platform’s core principles.
• With Layer 2 solutions and sidechain integrations, it provides a scalable structure.
• It has a large developer and user community, backed by a strong support network.
• The platform is driven by an innovative team that constantly develops new technologies and solutions.

Investors and Strategic Partners

Particle Network is backed by renowned investors and strategic partners, including Animoca Ventures, Alibaba, Morningstar Ventures, and Spartan.

Particle Network Team

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Particle Network Roadmap

Q2 2024

• Universal Gas & Universal Accounts
• Universal Liquidity & Support for Modular Network Testing
• Version 1 Release with Universal Accounts, Gas, and Liquidity

Q2 2025

• Launch of Dual Staking Testnet
• Launch of Aggregated DA (AggDA) Testnet
• Version 2 Mainnet with Dual Staking and AggDA

Key Technologies in Particle Network

• Universal Gas: A centralized platform that manages transaction fees across multiple blockchain networks, allowing users to process transactions more economically and efficiently without paying separate fees for each network.
• Universal Accounts: Enables users to use a single account across multiple blockchain networks and applications.
• Universal Liquidity: A system that allows users to participate as liquidity providers across different blockchain networks, DeFi protocols, and exchanges, facilitating cross-platform liquidity and rewarding liquidity providers.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Particle Network and How Does It Work? appeared first on Coin Engineer.

Temporary Suspension of Deposits and Withdrawals

Starting from December 25, 2024, at 09:00 (UTC), deposits and withdrawals on the aelf (ELF) network will be temporarily suspended. This precaution is taken to ensure the safety of user funds and to facilitate the smooth execution of technical processes during the upgrade. However, users should note the following:

• Trading activities will remain unaffected and continue as usual.
• Deposits and withdrawals will be reopened once the network’s stability is confirmed. No further announcement will be made in this regard, so users are advised to plan accordingly.

What is the aelf (ELF) Network Upgrade?

aelf is a high-performance blockchain network designed to improve the efficiency of decentralized applications (dApps). The upgrade aims to enhance transaction capacity, strengthen security protocols, and improve the overall user experience. With this upgrade:

• Faster transaction speeds will be achieved.
• Smart contracts will become more efficient.
• Enhanced security measures will better protect user funds.
• New features will facilitate the integration of DeFi and other blockchain-based projects.

Assurance for Binance Users

Binance has reassured its users that no additional action is required from them during the network upgrade. Binance will automatically manage all technical requirements. Users only need to consider the temporary suspension of deposits and withdrawals when planning their transactions.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

After the upgrade is completed, Binance will verify the network’s stability, and deposits and withdrawals will be reactivated. With Binance’s top-tier user support and technical infrastructure, users are unlikely to encounter any disruptions.

Binance is committed to protecting its users’ interests and delivering the highest standards of service during such network upgrades. For further details and updates, users can refer to official announcements from the aelf project.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Supports aelf (ELF) Network Upgrade: Here Are the Details appeared first on Coin Engineer.

Algorand (ALGO) Price Analysis!

We observe that funds are beginning to flow back into established and longstanding projects, with Algo being one of them. For Algo to continue its upward momentum, it needs to break the $0.32 resistance level.

On the other hand, in the event of a pullback, the $0.24 level, the green zone, and the $0.16 regions stand out as critical support levels. These levels could play a key role in the price recovery process.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post ALGO Coin Price Analysis: Algorand on the Rise! appeared first on Coin Engineer.

What is GoPlus?

GoPlus is a blockchain security infrastructure designed to address security issues within the crypto ecosystem. It provides a wide range of security services to protect users, projects, and assets. From securing smart contracts to preventing token scams, GoPlus aims to safeguard users’ assets on blockchain platforms.

The services offered by GoPlus take a holistic approach to blockchain security. These services can be customized and integrated via API to meet the needs of projects and users. GoPlus provides security solutions for DeFi projects, NFT platforms, and decentralized exchanges.

How Does GoPlus Work?

GoPlus utilizes an extensive network of security tools to detect potential security risks on the blockchain. Through various APIs and software tools, GoPlus conducts security checks, including:

– Smart Contract Audits: Analyzes the security of smart contracts used by projects, identifying coding errors or vulnerabilities.

– Token Security Analysis: Analyzes different tokens to detect potential scams or fraudulent activities.

– dApp Security: Ensures the security of decentralized applications, allowing users to interact with them safely.

– Continuous Security Monitoring: Offers real-time monitoring to respond instantly to potential threats.

Another critical function of GoPlus is providing comprehensive security reports. These reports transparently showcase the security status of projects, increasing trust among investors and users.

Why GoPlus?

With urgent security challenges in the Web3 space, GoPlus directly addresses these issues through innovative solutions:

– Comprehensive Security Lifecycle: Unlike fragmented solutions, GoPlus provides end-to-end protection across the Web3 environment, securing each stage of user interactions and transactions.

– Unified Security Hub: GoPlus offers a unified security center where users can manage and monitor their security across multiple blockchains.

– Seamless On-Chain Firewall: Integrates a unique on-chain firewall that automatically scans transactions in real-time and blocks risky ones based on users’ personalized security strategies.

– Decentralized Security Services: Reflecting the decentralized ethos of Web3, GoPlus offers open and permissionless security services that are user-focused and transparent.

Who Founded GoPlus?

GoPlus Security was founded by Yufeng Xu and Allen Zhang, supported by a team of experts in blockchain technology and security. This team brings extensive experience in developing blockchain security tools and infrastructures, with a strong background in providing security solutions for blockchain projects.

Investors in GoPlus

GoPlus has attracted investments from various backers focused on security solutions in the crypto world, including prominent firms like Binance Labs, OKX Ventures, and Haskey Capital. This backing underscores the project’s appeal for its innovative security infrastructure, especially in DeFi, NFT, and token projects where security vulnerabilities are prevalent.

GoPlus Tokenomics

Although GoPlus has received over $10 million in funding, it currently has no active tokenomics structure. However, tracking tokenomics developments will be essential for ensuring the platform’s sustainability and growth.

A New Era in Blockchain Security

GoPlus stands out in the industry with its extensive security services and innovative solutions. By increasing security for users and projects, GoPlus contributes to a safer blockchain ecosystem. Its wide range of solutions meets the growing security needs in the blockchain world, providing fast and effective solutions through user-friendly APIs and continuous security monitoring. As GoPlus aims to lead in blockchain security, it continues to build trust by addressing increasing security demands.

You can join our Telegram channel to not miss the news and stay informed about the crypto world.

The post What is GoPlus and How Does It Work? appeared first on Coin Engineer.

The post ApeCoin Price Doubled with the Launch of ApeChain! APE Price Analysis! appeared first on Coin Engineer.