The network’s security is supported by OpenZeppelin standards, while the architecture is designed with regulation-focused, long-term enterprise adoption in mind.

ADI Chain Architecture

Built on zkSync’s Atlas and Airbender technologies, ADI Chain is a modular, high-performance, EVM-compatible zkRollup.

• Transactions are executed off-chain

• Verified using zero-knowledge (ZK) proofs

• Final settlement occurs on Ethereum L1

This design ensures high throughput, low costs, and Ethereum-grade security.

Vision and Mission

ADI Foundation aims to bring 1 billion people in developing countries on-chain by 2030.

The project addresses structural challenges:

• Unbanked populations

• Lack of digital identity

• Transparency gaps in public services

• Inefficiencies in cross-border payments

Regulation speed and local adoption will determine how effectively this scale is realized.

Core Concept

ADI Chain integrates innovation and regulation into the same framework, making blockchain practically usable for governments and enterprises. Unlike conventional chains, compliance is not an add-on but a core network design principle.

Focus areas include:

• Stablecoins and real-world asset tokenization

• Payments, digital identity, public records

• Healthcare, logistics

The long-term goal is a network of Ethereum-linked L3 chains for enterprises and governments, enabling cross-border value transfer.

How ADI Chain Works

ADI Chain uses a zkRollup architecture:

• Transactions processed on L2

• Batches created for efficiency

• Cryptographic proofs generated per batch

• Proofs submitted to Ethereum

• State finalized after Ethereum verification

Benefits:

• Invalid transactions never enter the chain

• Security inherited from Ethereum

• Transaction costs reduced by 90–95%

Layer-3 (L3) Compliance and Flexibility

Key differentiator: built-in regulation-compliant L3 chains.

Enterprises and governments can deploy custom L3s aligned with:

• Their jurisdiction

• Industry

• Policies and regulations

Features:

• Inherits L2 security

• Interoperable with other L3s and mainnet

• Configurable for FATF & ADGM Travel Rule compliance

ADI Token ($ADI)

$ADI is the utility token at the heart of ADI Chain, powering network operations and economic incentives. Unlike standard L2 tokens, $ADI functions as:

1. Gas Fee – Primary gas for all L2 & L3 transactions

2. Medium of Exchange – Facilitates settlement among users and enterprises

3. Staking & Yield – Can be staked in treasury-backed pools; no inflationary mint

Token Details

• Total Supply: 999.99M ADI

• Max Supply: 999.99M ADI

• Circulating Supply: 51.14M ADI

• Gas Model: Custom Gas Token (zkStack)Distribution

• Community Fund: 35%

• Treasury Reserves: 25%

• Private Investors: 12%

• Partnerships: 10%

• Team: 10%

• Token Incentivization Pool: 4%

• Liquidity: 4%

Unlock schedules are long-term with a 12-month cliff for team & investor tokens.

Governance

• Token-based governance not active at launch

• Governance framework defined, will activate after smart contract audits and ADGM registration

Team & Founders

• Andrey Lazorenko – CEO

• Mohammad Rajab – CMO

• Herman Stohniiev – CTO

• Anna Datsenko – COO

Experienced in blockchain infrastructure, enterprise software, and regulatory compliance.

Investors & Partnerships

• Focused on Middle East enterprise collaborations

• Planned dirham-backed regulated stablecoin

• Partners: IHC, First Abu Dhabi Bank, ADQ

• All stablecoin transactions use $ADI as gas

Key Features

• Full Ethereum & EVM compatibility

• L1-L2-L3 secure bridging

• Hyperledger FireFly integration

• REST API & middleware support for enterprises

• Dedicated L3s for digital identity, healthcare, logistics, public records

Ecosystem

• Payment Layer: Sub-second, low-cost, high-volume settlements

• L3 Compliance: Regulation & enterprise-specific L3 chains

• Identity Infrastructure: Selective disclosure, verifiable digital identity

• EVM Development: Solidity-compatible, compliance-focused smart contracts

• Cross-Border Rails: Interoperable remittance & international payments

Roadmap

• Past | Foundation: Core architecture built, testnet & block explorer live, developer documentation & zkSync Atlas integration completed

• Present | Enablement: Mainnet live, $ADI launched, L3 modules active, pilot partnerships ongoing

• Future | Deployment: Gas abstraction, first enterprise L3 chains, cross-chain bridges, global expansion in emerging markets

Overall Assessment

ADI Chain positions itself as a rare, “public yet adaptable” blockchain, merging Web3 and compliance without friction.

Success depends on:

• Actual adoption by governments & enterprises

• L3 chains going live

• Stablecoin & public projects implementation

The true test will be whether the regulatory-first approach remains flexible and how fast L3s are deployed in practice.

Official Links

• Website 
• Discord
• 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 ADI (ADI)? appeared first on Coin Engineer.

Team and Founders

• Fabian Vogelsteller (Founder): Former Ethereum core developer, author of ERC-20 and ERC-725, contributor to web3.js and Mist Browser.

• Marjorie Hernandez (Founder): Expert in bridging technology and creative industries, particularly digital transformation in fashion and luxury.

Project Concept

LUKSO brings Web3 to the creative economy:

• User-Centric Identity: Universal Profiles store all digital assets, reputation, and permissions in a single smart contract.

• New Digital Asset Standards: LSPs provide upgradeable, dynamic, and programmable tokens beyond traditional NFTs.

• Circular Economy: Transparent and responsible production and consumption for physical and digital goods.

How It Works

• Universal Profiles (UPs – LSP-0): Smart contract accounts combining identity, tokens, NFTs, multi-sig security, and gasless transactions.

• LUKSO Standards (LSPs):

  • LSP7 – Digital Asset: Fungible token standard with dynamic metadata.

  • LSP8 – ERC721-Like Digital Asset: Upgradeable NFTs with dynamic metadata.

• Technology: Layer 1, EVM-compatible, Proof-of-Stake consensus.

Investors & Partnerships

LUKSO was funded via Reversible Initial Coin Offering (rICO). Key partners:

• Liechtenstein Telecom (LTIN) – runs validators for MiCA-compliant European blockchain adoption.

• Dappnode – node operation and decentralization.

• Envio – blockchain data indexing.

• API3 & DIA – oracle services.

• Transak & Ramp – fiat-to-LYX on-ramp solutions.

Governance

• PoS Validators: LYX stakers secure the network.

• Future Governance: Community-led decentralized governance for protocol upgrades.

Roadmap

• Phase 1 – rICO & Pioneer Network (2020).

• Phase 2 – LUKSO Mainnet Launch.

• Phase 3 – Transition from LYXe to LYX.

• Current Focus – Universal Profiles adoption, developer tools, LSP standard industry adoption.

LYX Token Use Cases

• Network Security (Staking)

• Transaction Fees (Gas)

• Governance

• Digital Asset Creation (NFTs, LSPs)

• Creative Economy Applications

Token Details

• Total Supply: 42.11M LYX

• Max Supply: Unspecified

• Circulating Supply: 30.53M LYX

Token Distribution

• Ecosystem Development: 40%

• Public Sale 2nd Party: 10%

• Public Sale 1st Party: 10%

• Private Sale: 10%

• Reserve Pool: 9%

• Founders & Collaborators: 5%

• Future Development: 5%

• Community DAO: 5%

• Grant Program: 5%

Ecosystem

• Universal Profiles (UPs)

• Creative dApps using UPs & LSPs

• Developer Tools and SDKs

Features

• Gasless Transactions – interact with dApps without LYX.

• Unified Ownership – manage identity and assets across platforms.

• Smart Profiles – secure assets against technical failures and attacks.

• Social Interaction – strengthened community participation standards.

• Multi-Platform Revenue – sell NFTs and content across multiple platforms.

Official Links

• Website
• Twitter
• Discord
• Telegram
• GitHub

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 LUKSO (LYX) ? appeared first on Coin Engineer.

What is Uponly NFT?

Uponly is an NFT collection that has become the symbol of Cobie’s popular podcast and YouTube channel. These NFTs not only serve as digital art pieces but also function as digital identities providing exclusive access to Cobie’s content and community. Especially in the crypto world, Cobie’s NFTs hold significant value both as collectibles and as prestige within the community.

A Record Purchase

This purchase by Coinbase marks one of the highest-priced transactions in the NFT market to date. 25 million USDC, approximately 25 million US dollars, stands out as one of the largest amounts ever paid for a digital collectible.

You might also find this interesting: Famous Economist El-Erian’s Important Statements on Bitcoin and Gold!

This transaction not only reflects the value of an NFT but also highlights Coinbase’s strategic moves in the Web3 and NFT space. This purchase reinforces the platform’s vision regarding digital assets and community engagement.

A New Era in the Web3 Ecosystem

Coinbase’s move demonstrates that NFTs are not only art pieces but also digital identities and community memberships that hold value. Such transactions can be considered important milestones in the evolution of the Web3 ecosystem.

Additionally, this purchase shows that the value of NFTs is determined not only by aesthetics but also by their role within the community and the exclusive content they provide access to. Coinbase’s strategic action offers important insights into the future of digital assets.

For breaking cryptocurrency news, click here

The post Coinbase Makes Historic NFT Purchase! 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.

What Does This Mean? 

There are several possible reasons behind this transfer of 150 million tokens: 

• Providing Liquidity: SIGN tokens could be added as extra liquidity for trading pairs on Binance. 
• Marketing and Campaign Funding: This could be a distribution within the previously announced 150M SIGN marketing allocation. 
• Concerns Over Selling Pressure: Market investors often interpret large token transfers as potential selling pressure. 

In April 2025, the protocol distributed 200 million tokens (2% of total supply) via the Binance HODLer Airdrop program. With the spot listing, 1.2 billion SIGN tokens (12%) entered circulation. Three months later, 150 million tokens (1.5% of supply) were allocated for marketing and community campaigns. The project provides Web3 digital identity and e-signature solutions and has raised $32 million from Sequoia Capital and YZi Labs. 

No official statement has yet been released by the SIGN team. However, on-chain data shows that such a large transfer cannot be ignored. We will update our news as developments occur. 

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 Sign Transfers 150M SIGN Tokens to Binance: Key Market Move appeared first on Coin Engineer.

As the project gains momentum with major financial backing, concerns around privacy and regulation are just as swiftly rising.

Massive Investment: $135M To Scale Operations

Worldcoin has secured a massive $135 million funding round from top venture firms Andreessen Horowitz and Bain Capital Crypto. The funding will boost the deployment of iris-scanning devices and expand the digital ID infrastructure, especially across the United States, where the company plans to operate in six cities.

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

According to the official announcement, more than 12.5 million individuals across 160 jurisdictions have already received a World ID, based on iris biometric data.

Rising Regulatory Pressures: Bans From Brazil and Indonesia

However, not all countries welcome the project. Brazil’s National Data Protection Authority (ANPD) banned Worldcoin’s services in January over ethical concerns tied to offering crypto rewards in exchange for biometric data. This ban was reaffirmed in March, with the company facing fines of 50,000 Brazilian reais (8,851$) per day if it continues operations.

In Indonesia, the Ministry of Communications and Digital (Komdigi) suspended Worldcoin’s license on May 4, citing violations tied to operating without registering as a licensed digital asset provider. An investigation has been launched into the company’s activities.

EU Watchdog Steps In: Data Must Be Deletable

Before these bans, the Bavarian State Office for Data Protection in Germany warned the company to comply with EU data protection laws, specifically requiring that users must have a clear option to delete their biometric data at any time.

Despite these hurdles, Altman’s vision continues to attract deep-pocketed investors, signaling that the digital identity space is set to be one of the next battlegrounds for tech, ethics, and global regulation.

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 Record Investment in Worldcoin as Global Pressure Mounts appeared first on Coin Engineer.

Billions Network Launches a Digital Identity Platform Without Biometric Data

Billions Network has developed a digital identity platform that does not require users to share their biometric data. The company states that this approach preserves privacy and differentiates it from competing projects like Sam Altman’s World.

According to a February 28 announcement, Billions Network has created a universally accessible verification platform for humans and AI agents. The platform is based on Circom, a zero-knowledge proof technology, and has been tested by financial institutions such as Deutsche Bank and HSBC.

Billions Network claims that more than 9,000 projects, including TikTok and World, have used Circom technology.

The platform was developed in response to increasing challenges users face in verifying their digital identities, especially with the rise of AI deepfakes, Sybil attacks, and scams, which have made digital identity verification more crucial than ever.

Additionally, Billions Network positions itself as an alternative to projects like World (formerly Worldcoin), which have raised growing privacy concerns.

World’s controversial iris scanning method has sparked significant concerns over large-scale biometric data collection. In response, Brazil’s data protection authority recently imposed restrictions on World’s biometric data collection methods.

The Growing Importance of Digital Identity

Projects like Billions Network and World are gaining traction as the internet becomes increasingly flooded with low-quality content and AI-generated misinformation, threatening genuine user engagement.

It is estimated that 5% to 15% of accounts on social media platform X are bots. Meanwhile, Facebook removes millions of fake accounts every quarter.

While AI has many advantages, it has also made crypto scams more scalable and profitable.

According to a February report from blockchain analytics firm Chainalysis, 2025 could be the worst year for crypto scams due to the growing influence of artificial intelligence.

“GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly scalable fraud that exploits human vulnerabilities,” said Elad Fouks from Chainalysis.

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 Billions Network Launches Non-Biometric Digital Identity Platform appeared first on Coin Engineer.

“Paying people directly for biometric data in challenging economic circumstances is tantamount to coercion. It’s not consent.”

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

Governments Oppose Biometric Data Collection

Several governments have raised concerns about the security and ethical risks of collecting biometric data, leading to bans or restrictions on such systems. Globally, digital identity systems collecting biometric data are facing increasing scrutiny.

World ID Banned in Multiple Countries

1. Kenya banned World ID in August 2023.
2. In March 2024, Spain decided to stop World ID, which was collected by minors.
3. In March 2024, Portugal decided to postpone iris screening for 3 months.
4. Hong Kong banned World ID in May 2024, citing non-essential facial scans.
5. In January 2025, Brazil banned the collection of biometric data in exchange for cryptocurrency.

The Brazilian National Data Protection Authority (ANPD) stated that financial incentives for data collection violated informed consent for sensitive information.

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 Shocking Statement from the Founder of Privado ID! appeared first on Coin Engineer.

The platform allows users to create and own their digital likenesses and use these likenesses to produce digital assets. Blockchain technology uses qualified intellectual deeds (NFTs) to ensure transparency, source traceability, accountability, and long-term management.

How Does Humans.ai Work?

The Humans.ai ecosystem is designed to support AI development and utilization. The platform’s native token, $HEART, plays a central role in payment and governance processes. The main functions users can perform on the ecosystem include:

• NFT minting
• Account verification
• Creating AI applications
• Adding AI to Humans studio

All production and management activities on the platform are managed through a mechanism called Proof-of-Human, which utilizes human biometric data. This ensures that artificial intelligence is closely monitored by humans.

The advantages it provides to users are:

Ethical management of AI-based applications in accordance with standards
Users’ ability to create their own digital assets and sell or use them in NFT format
Offering $HEART token rewards for account verification, AI development, and other participations

Why Choose Humans.ai?

The main factors that distinguish Humans.ai from its competitors are:

• Innovative integration of AI and blockchain technologies
• Compatibility with major blockchain ecosystems like Cosmos
• User-friendly creative studio and AI library
• NFT-based property ownership and revenue sharing mechanisms

What is $HEART Token and What Does It Do?

$HEART is the native token at the center of the Humans.ai ecosystem. With a total supply of 7.8 billion, 335.2 million $HEART tokens are in circulation. The token’s main use cases include platform service payments, NFT management, revenue sharing, and participation in governance processes.

In summary, the Humans.ai project offers an innovative ecosystem by combining blockchain and artificial intelligence technologies. With its transparent governance structure, user-friendly studio tool, and ethical AI approach, it pioneers future technology. Supported by the $HEART token, this platform offers opportunities for both developers and users.

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 Humans.ai (HEART) and What Does It Do? appeared first on Coin Engineer.