• Network upgrades and EVM integration

• Trading volume and investor demand

• Market sentiment and technical indicators

Network Upgrades and the EVM Hard Fork

The Cancun hard fork, which brought EVM compatibility to Zilliqa, has been a critical catalyst. This upgrade improves transaction efficiency and smart contract compatibility, making the network more appealing to developers. Investor demand responded positively, creating buying pressure. Such infrastructure improvements not only encourage short-term speculative buying but also contribute to long-term value creation.

Notable Growth in Trading Volume

ZIL’s price surge is strongly supported by a 24-hour spike in trading volume, both in spot and derivatives markets (open interest). Investors are interpreting this as a sign of new long positions rather than just short covering. While many altcoins remain range-bound, ZIL’s sharp movement highlights the strength of its technical foundations.

Total open interest has risen to approximately $55.1 million, reflecting a ~922% intraday increase, indicating extraordinary long-position activity and strong price momentum. Additionally, the Zilliqa price chart shows a breakout from a falling wedge pattern, with prices climbing over $0.007, signaling a strong buying opportunity based on both volume and trend.

What Do Technical Indicators Show?

Market sentiment and technical signals are also playing a major role in ZIL’s momentum. RSI recovery and the breach of key moving averages show buyers gaining control. Positive trends on social media and on-chain metrics are reinforcing investor interest and buying pressure.

On the daily chart, $0.00610 acts as a key support. Maintaining a daily close above this level would indicate a structural shift and increase the likelihood of further upward movement. Meanwhile, in case of a pullback, the first support level to watch is $0.0044, where price may find its initial reaction.

Broader Market Context and Long-Term Perspective

Although the overall crypto market can sometimes pressure altcoins, ZIL’s rise is largely driven by project-specific catalysts. Even if Bitcoin and Ethereum trade sideways or under slight pressure, Zilliqa’s network developments and investor interest have independently supported its price action. These factors strengthen the project’s medium- and long-term potential.

ZIL’s recent rally is driven by a combination of EVM integration, trading volume spikes, and market sentiment. The surge reflects both short-term momentum and long-term technical and fundamental developments. Investors should monitor both fundamentals and technical activity when evaluating price movements.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

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Founded by former Ant Group executives, Pharos centers its vision on “open yet regulation-compliant” finance, targeting the convergence of real-world assets (RWA), stablecoins, institutional financial products, and Web3 applications on a single chain.

Pharos Core Vision: Open, Real, and Inclusive Finance

Pharos starts from the problem that existing blockchain networks fail to provide sufficient performance, compliance, and user experience for large-scale financial use cases. While many networks claim high TPS figures in theory, they struggle to sustainably deliver that performance under real-world conditions.

Pharos aims to solve this issue not by optimizing a single layer, but through a holistic approach that addresses consensus, execution, storage, and network architecture together.

In line with this approach, the network aims to enable:

• Real-time payments
• Enterprise-grade asset tokenization
• Compliant DeFi and CeFi integrations
• Web2-scale user experience

all on the same infrastructure.

What Does Pharos Promise?

Pharos positions itself not merely as a Layer-1 blockchain, but as a comprehensive financial network that aims to bring institutional finance and the decentralized world together on the same infrastructure. By simultaneously delivering performance, compliance, and scalability, this structure targets to fill a critical gap for the mass adoption of Web3.

In this regard, Pharos stands out not just as a technical innovation, but as an ambitious infrastructure attempt for the future of global finance.

Modular and Parallel Layer-1 Architecture

Pharos is built on a fully modular and full-stack parallel Layer-1 blockchain architecture. The network consists of three main layers:

L1-Base

This layer provides industry-leading solutions in data availability and hardware acceleration. It forms the foundation of the infrastructure for applications requiring high data intensity.

L1-Core

This is the main blockchain layer operated by globally distributed, decentralized nodes.

• Sub-second finality
• High throughput
• Real-time Web3 experience

are provided at this layer.

L1-Extension

This is the layer that enables the network’s expandability. It has three core functions:

• Creation of SPN (Special Processing Network)
• Shared security through native restaking
• Cross-SPN interaction

Thanks to this structure, Pharos goes beyond the limits of a single chain and becomes a multi-layered, multi-purpose financial network.

What are SPN (Special Processing Networks)?

SPNs are application-specific networks that integrate with the Pharos main network but can operate independently. Each SPN has:

• Its own execution engine
• Its own validator set
• Its own governance model
• Restaking-based incentive mechanism

This structure enables highly customized use cases such as HFT systems, ZKML, AI models, or financial sidechains.

Technology Behind Pharos’ High Performance

Pharos’ technical infrastructure directly targets the performance bottlenecks commonly seen in blockchains.

Deep Parallel Execution

Thanks to the dual VM structure supporting EVM and WASM, transactions are executed speculatively and in parallel. The AsyncBFT consensus completes this process with sub-second finality.

Advanced Storage Structure

Thanks to delta-encoded multi-version Merkle Tree and log-structured page store architecture:

• Storage costs are reduced by up to 80%
• I/O and CPU efficiency are significantly increased

Pipelining

Every stage of the transaction lifecycle (execution, validation, storage) is pipelined to operate concurrently. This allows node resources to be utilized at maximum efficiency.

Compliant Finance: ZK-KYC and AML Integration

One of the most important elements that distinguishes Pharos from similar Layer-1 networks is that compliance is designed at the protocol level.

The network provides directly at the protocol layer:

• ZK-KYC
• Programmable AML
• Digital identity integration

This ensures regulatory compliance for institutional investors while preserving the principles of open finance.

Real-World Assets and Financial Products

Pharos aims to bring not only crypto assets but also:

• Energy
• Commodities
• Real estate
• Institutional financial products

onto the chain.

Highlighted Use Cases

• Tokenized investment and yield products
• Cross-border payments finalized in seconds
• Stablecoin-based daily transactions
• Institutional finance and DeFi integration

This structure presents a unified onchain economy vision described as a “digital financial city.”

Pharos Restaking and Ecosystem Integration

Pharos is designed to integrate with restaking protocols such as Babylon and EigenLayer. Multi-asset supported restaking:

• Increases security
• Deepens liquidity
• Enables rapid deployment of SPNs

Why is Pharos Different?

The core problems Pharos focuses on solving are:

• Lack of parallelism in blockchains
• Storage and merklization bottlenecks
• Inefficient use of node resources
• Data and liquidity fragmentation in L2 solutions

Against these issues, Pharos offers a holistic architecture centered on modularity and parallelism. The goal is to bring a Web2-level user experience into the Web3 world.

Pharos Investors

Pharos has raised a total of $8 million and continues with a strong investor base. The project’s investors include venture capital funds and industry players of various scales:

• Hack VC
• MH Ventures
• Faction
• SNZ Holding
• Generative Ventures
• Hash Global
• Dispersion Capital
• Reforge VC
• Legend Star
• Yunfeng Financial
• Chorus One

Pharos Team

Behind Pharos is a team with experience in both traditional finance and Web3:

• Wishlonger – Co-Founder / CTO
• Alex Zhang – CEO
• Laura Shen – CMO
• Matthew Castricone – CSO
• Wilguish Ng – CCO
• Wilguish Ng – Head of Ecosystem

Official Links

• Website
• X (Twitter)
• Whitepaper

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With its infrastructure that allows users to transfer tokens between different networks quickly, securely, and flexibly, Allbridge plays a critical role especially for DeFi, NFTs, and Layer-2 solutions.

What is Allbridge (ABR)?

Allbridge Classic is a bridge infrastructure that connects EVM and non-EVM compatible blockchain networks, providing fast and secure asset transfers. Thanks to this system, users can freely move native and wrapped tokens across chains.

The project’s long-term vision is to enable not only token transfers but also NFT and Layer-2-based asset transfers in the future.

What is a Blockchain Bridge?

A blockchain bridge is an infrastructure that allows tokens or data on one network to be securely transferred to another blockchain network. Since different networks differ in consensus mechanisms, governance models, and technical infrastructure, direct transfers are not possible. Bridges eliminate this incompatibility.

Bridges are generally divided into two main categories:

• Centralized (Federated) Bridges: Based on trust relationships.
• Decentralized (Trustless) Bridges: Operate through smart contracts and validators.

Allbridge Classic offers a more modern and versatile structure, providing reliable interaction between different networks.

Advantages of Allbridge Classic

1. Wide Chain Compatibility Supports both EVM-based and non-EVM networks, allowing seamless transitions between different infrastructures.

2. Fast Transfer Mechanism Transfers take only as long as the relevant blockchain’s confirmation time. Each transfer consists of two stages:

   • Sending from the source chain
   • Receiving on the destination chain

   This minimizes transfer duration.

3. Flexible Transfer Architecture Users can:

   • Send native → receive native
   • Send native → receive wrapped
   • Send wrapped → receive native
   • Send wrapped → receive wrapped

   This flexibility is a key advantage that sets Allbridge apart from many competitors.

4. Dynamic Fee System Users who stake ABR can reduce transfer fees. The bridge fee is collected at the start of the transaction and automatically calculated based on the amount of staked xABR.

5. Security Allbridge infrastructure has been audited by security firms such as Hacken, Kudelski Security, Cossack Labs, and CoinFabric.

How Does Allbridge Classic Work?

A transfer consists of two main steps:

1. “Send” transaction on the source chain
2. “Receive” transaction on the destination chain

Four main components are involved in the transfer process:

• User wallet
• Source chain smart contract
• Destination chain smart contract
• Validator

Four Different Transfer Scenarios

1. Native → Native Transfer Token is locked on the source chain; the same token is released from the liquidity pool on the destination chain.
2. Native → Wrapped Transfer Token is locked on the source chain; an equivalent amount of wrapped token is minted on the destination chain.
3. Wrapped → Native Transfer Wrapped token is burned; the locked native token on the source chain is released.
4. Wrapped → Wrapped Transfer Burning occurs on one chain while a new wrapped token is minted on the other chain.

This system keeps total token supply always balanced.

What is ABR Staking?

Allbridge Staking allows users to stake ABR tokens to:

• Earn a share of bridge fees
• Reduce their own transfer costs

Stakers receive xABR in return, which represents their share in the pool.

Staking Pool Structure Each blockchain has its own staking pool. Rewards are calculated based on the pool of the chain where the user staked. Rewards come from two sources:

• Shares of bridge fees
• Early-stage incentive rewards

Relationship Between Staking and Bridge Fees

The amount of xABR in the user’s wallet directly affects the bridge fee paid during transfers. As pool TVL increases, more ABR must be staked to maintain the same discount rate. The fee is automatically calculated just before the transfer begins.

How to Stake ABR?

1. Decide on which chain the fee discount is desired.
2. Purchase ABR tokens.
3. Stake via Allbridge Staking interface.
4. Receive xABR in return.

What is Staking DAO?

Staking DAO enables decentralized determination of reward distribution within the Allbridge ecosystem. Users who stake ABR gain voting rights (Vote) in proportion to their locked xABR.

Main responsibilities of the DAO:

• Determine reward distribution across chains
• Grant governance functions to xABR token

DAO Voting System

• Votes are cast weekly.
• Voting power increases with the lock duration of xABR.
• Lock periods range from 1 month to 3 years.

Longer locks grant higher voting power.

Allbridge (ABR) Tokenomics

ABR Token Distribution

Total supply: 100,000,000 ABR

• Ecosystem DAO: 25%
• Liquidity mining & validator incentives: 20%
• Marketing & partnerships: 11.875%
• Development incentives: 11.5%
• Team: 11%
• Liquidity pools: 10%
• APYS staking: 5%
• APYS Snapshot: 5%
• Public sale: 0.625%

Use Cases:

• Payment of bridge fees
• Staking
• Token listing subscription fee
• DAO governance

Token Subscription Fee

For a project’s token to be listed on Allbridge, a monthly subscription fee in ABR is required. This fee is non-refundable. If payment is not made, the token is automatically removed from the bridge.

Fee Distribution

• 80% → Staking pools
• 20% → Allbridge team

Allbridge Investors

Among Allbridge’s early investors is Race Capital, one of the key venture capital funds that supported the project during the seed round.

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.

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What is Orderly?

Orderly is a unified trading infrastructure developed for decentralized exchanges. It offers the order book model and high liquidity of traditional exchanges entirely on-chain and in a decentralized manner.

Without its own front-end, project serves as a powerful infrastructure layer that other projects can build on. This allows developers to quickly implement their own trading applications with time and cost advantages.

Its long-term goal is to be an omnichain protocol that connects users across both EVM-compatible and non-compatible blockchains into a single shared order book.

Orderly ONE: No-Code Perp DEX in Minutes

Orderly’s new product, Orderly ONE, reduced the perp DEX setup time from weeks to minutes. Previously, the SDK offered to developers shortened the process from 2–3 weeks to 2–3 days. Now, it is possible to launch an exchange in just minutes without writing a single line of code.

This product was developed with the approach of “not just trading on the exchange, but also owning the exchange.” Therefore, it is accessible not only to professional developers but also to content creators, funds, DAOs, community managers, and trader groups.

Ecosystem Contribution and ORDER Token Impact

One of the main advantages of Orderly ONE is that every new exchange adds value not only to its founder but also to the entire ecosystem.

These contributions include:

• Increased buying pressure on the ORDER token

• More protocol buybacks depending on revenue growth

• Expansion of network liquidity

• Alignment of incentives among traders, builders, and token holders

This mechanism ensures that launching new exchanges becomes a process that creates value for the system as a whole, not just individual benefit.

Multi-Chain Support and Scalability

Orderly ONE has a scalable structure that works across different blockchain networks. In the first phase, supported chains include Arbitrum, Solana, Base, BNB Chain, and Abstract, totaling 18 blockchains. According to the company, the number of integrations will be expanded in the future.

Statement from Orderly Director

Ilker Karacan, Country Director of Orderly Turkey, made the following statement about the new product:

“All tools are ready. The infrastructure has proven itself. Now everyone can launch their own exchange, grow their brand, and own their profits. Orderly ONE opens a new page for trading communities and institutions.”

About Orderly

Orderly is an order-book-based trading infrastructure and liquidity layer designed to allow projects and individuals to easily launch omnichain perpetual DEXs without requiring coding knowledge.

• The shared order book provides high liquidity and low spreads.

• 18 different blockchain integrations enable seamless cross-chain trading.

• A user on one chain can easily trade with a user on another chain.

As of today, Orderly powers over 50 DEXs (including WOOFi, Raydium, Aden, Kyrrio, etc.), providing a scalable, enterprise-grade infrastructure for the DeFi ecosystem.

Official Links

• Website
• X (Twitter)

Also, click to read our project review article titled “What is Orderly (ORDER)?”

What Is Orderly Network (ORDER)? 

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The post Orderly ONE Launched: No-Code Perp DEX Setup in Minutes! appeared first on Coin Engineer.

UPCX supports not only digital payments but also cross-asset transfers covering asset management, stablecoins, and utility tokens, decentralized exchange (DEX) operations, smart contract-based payment scenarios, and POS integration. 

Team & Founders 

• Co-Founder – Yutaka Imaizumi: Educated in the US and Japan, 20+ years of finance and IT experience. Expert in business development, fund management, and global networks. 
• Co-Founder & CTO – Joerg Alexander Weisshaar: Netherlands graduate, experienced in IT consulting and COO roles in startups. Background in web marketing and HR. 
• Co-Founder & CSO – Dr. Jason Nye: Academic background in the UK, former US State Department consultant. Expert in international trade, strategic sales, and energy security. 
• COO – Kunihito Morimura: UCLA graduate, executive at Dentsu, experience in international sports & marketing projects. Interests in business development and environmental protection. 
• CMO – Koki Sato: Educated in Canada and Japan, experienced in business management and finance, founder of marketing consultancy firm. 

Investors & Key Partnerships

While the investor list is not fully disclosed, UPCX has partnerships with Paycle, BitTrade, and NTT Digital, supporting its decentralized payment solutions and POS integration developments. 

Project Idea & Goals

• UPCX aims to provide democratic access to financial services in the digital era. 
• Make financial transactions faster, cheaper, and secure 
• Provide a flexible payment infrastructure using stablecoins and utility tokens 
• Enable easy application development for developers via SDKs and APIs 
• Increase financial inclusion for users underserved by traditional banking 

How It Works

UPCX uses Delegated Proof of Stake (DPoS) consensus: 

• Witnesses validate transactions and produce blocks 
• UPC holders indirectly participate in block production and governance by voting for Witnesses 
• Smart contract capabilities include: 
• Scheduled payments 
• Automated payments 
• Non-custodial escrow transactions 
• Multi-signature payment scenarios 
• Stablecoins (MPA – Market Pegged Asset) are issued and pegged to real-world assets. All assets can be transferred and traded via UPCX wallet and DEX. 

Governance 

1. UPC holders vote for Witnesses based on token holdings 
2. Witnesses approve new features and upgrades 
3. Ensures both network security and decentralized decision-making 

Network Fees & Staking 

• Transaction fees support network maintenance, block rewards, fee pools, and referral programs 
• Fees can be paid in UPC or MPA; UPC equivalent is burned from fee pool when MPA is used 
• UPC holders can stake tokens and vote for Witnesses, who earn staking rewards 

Token Utility 

• Transaction Fees 
• Smart Contract Operations 
• Staking & Network Security 
• MPA Collateral 
• Rewards & Incentives 

Token Information 

• Token Name: UPC (Coordinated Universal Payment) 
• Total Supply: 780,000,000 UPC 
• Circulating Supply: 93,791,754 UPC 

Token Distribution 

• 50% Ecosystem 
• 20% Rewards 
• 10% Marketing 
• 8% Development 
• 7% Early Backers 
• 5% Team 

Core Components & Ecosystem 

• Payment: Fast, scalable, and efficient like credit card/mobile payments 
• Ecosystem: Integrated apps, hardware, and financial assets 
• Super App: All services in one integrated, user-friendly platform 

Ecosystem Features 

• Fungible Tokens (UIA) 
• Non-Fungible Tokens (NFA) 
• Stablecoins (MPA) 
• Decentralized Exchange (DEX) 
• POS devices & hardware wallets 
• SDK & API support 

Key Features 

• High Speed & Scalability: 100,000 TPS, 1-second payment confirmation 
• Cross-Asset Transfers: Seamless token transfers 
• Smart Contracts: Custom payment & financial scenarios 
• Security: Quantum-resistant cryptography & hardware wallet support 
• Financial Inclusion: Low-cost financial services for unbanked users 
• Developer-Friendly: SDK & API support for integrations 

Roadmap (2024–2026) 

• Blockchain: EVM integration, sharding, cross-chain bridge, referral program, messaging, limitless & blind account/transfer, DPoS staking, API & SDK 
• Tokens: UPC (ERC-20), UIA, NFA (ERC-721/1155), MPA 
• DEX: Swap, order book 
• Smart Contracts: Publication 
• Products (2024–2026): Software wallet, NFC payments, POS app, hardware wallet 

Social Media & Links 

• Website
• Twitter
• Telegram
• Discord

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.

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What is Project Merlin (MRLN)?

Project Merlin is a modular and decentralized ecosystem that enables entrepreneurs, investors, and communities to develop Web3 projects. Combining crowdfunding, GIG freelance marketplace, community engagement, and IDO launchpad platforms, this system covers all stages from idea submission to funding and community growth. Supported by the $MRLN token, the platform eliminates reliance on third-party tools through solutions like Freelify, Taskium, and Funddex. With its multi-chain compatibility with EVM and SVM chains, it offers a transparent and secure infrastructure. Transforming users into active stakeholders through the Vote2Earn mechanism and DAO governance, Project Merlin aims to create a fair, secure, and self-sustaining digital environment.

Project Merlin (MRLN) Key Features

Project Merlin offers innovative features that set it apart in the Web3 ecosystem:

1. Modular Ecosystem

Integrates crowdfunding, freelance marketplace, community engagement, and IDO launchpad to provide a comprehensive Web3 solution.

2. DAO-Based Governance

The community shapes the platform’s future through $MRLN tokens and Community NFTs.

3. Vote2Earn Mechanism

Users earn points and $MRLN rewards through voting and participation.

4. Multi-Chain Compatibility

Supports BNB SmartChain, Arbitrum, Polygon, Optimism, Solana, Avalanche, and Base for both EVM and SVM chains.

5. Self-Sustaining Economy

Platform revenues are used to fund new ventures and reward participants.

6. Transparent and Secure Infrastructure

Smart contracts, time-locks, and Merlin Spirit AI ensure transparency and security.

7. NFT Integration

Community NFTs provide governance, discounted fees, and revenue-sharing benefits.

How Does Project Merlin (MRLN) Work?

Project Merlin offers an integrated ecosystem to support the development of Web3 projects:

1. Crowdfunding and IDO Launchpad: Entrepreneurs submit projects via Raven Message and secure funding through community votes.

2. Freelance Marketplace: Freelify and Taskium provide access to a talent pool.

3. Community Engagement: Vote2Earn enables users to earn rewards through voting.

4. Multi-Chain Bridge: Project Merlin Bridge facilitates $MRLN token transfers across EVM and SVM chains.

5. Merlin Spirit AI: Ensures process continuity with AI-based evaluation when voting is incomplete.

6. Hybrid Funding: Camelot and Excalibur Grant systems support projects through DAO and community votes.

7. Transparent Governance: Smart contracts and Custodial Wallets ensure secure and traceable transactions.

The platform redistributes its revenues through the Merlin Treasury to new projects and the community, creating a self-sustaining economy.

Project Merlin (MRLN) Benefits to Stakeholders

• Entrepreneurs: Bring projects to life with funding, talent, and community support.

• Investors: Benefit from ecosystem growth through $MRLN tokens and NFTs.

• Community: Participates in governance and earns Vote2Earn rewards.

• Developers: Open infrastructure offers opportunities to build new modules and applications.

Project Merlin (MRLN) Tokenomics

Project Merlin operates with the $MRLN token:

• Token Name: Merlin ($MRLN)

• Token Type: Utility Token

• Total Supply: 800 million MRLN

• Distribution:

  • Treasury: 30% (8-month lock, 40-month linear vesting)

  • Liquidity: 18% (1-month lock, 16-month linear vesting)

  • Grants: 15% (8-month lock, 30-month linear vesting)

  • Operations: 7% (1-month lock, 40-month linear vesting)

  • Development Team: 8% (5-month lock, 50-month linear vesting)

  • Marketing: 5% (1-month lock, 25-month linear vesting)

  • D/CEX Community: 5% (5-month lock, 4-month linear vesting)

  • Seed Sale: 5%

  • Public Sale: 4%

  • Airdrop: 2% (6-month lock, 8-month linear vesting)

  • Advisors: 1% (4-month lock, 12-month linear vesting)

  • Staking Pool: 1% (3-month lock, 8-month linear vesting)

• Use Cases:

  • Governance: DAO voting and NFT purchases.

  • Funding: Grants and platform services.

  • Rewards: Vote2Earn and airdrops.

  • Microtransactions: Profile customization and premium features.

Project Merlin (MRLN) Roadmap

Project Merlin follows a phased plan to strengthen the Web3 ecosystem:

• Q3 2025: Token Generation Event (TGE), beta launch of Camelot Grant and Freelify.io, NFT sales, and DAO activation.

• Q4 2025: Beta launch of Taskium.io and Funddex.io, first full DAO voting cycle, and year-end airdrop.

• 2026 and Beyond: Full ecosystem integration, addition of new platforms, and cross-chain bridge expansion.

Project Merlin (MRLN) Investors and Partners

Project Merlin is supported by investors and partners including BNB Chain, DAO Maker, ChainGPT, OKX, Coin Terminal Spores, Kommunitas, Skale, Veoma Ventures, Google Cloud, and Sequence. Additionally, the platform is backed by $3.2 million in funding (seed: $1.6 million, public sale: $1.6 million), establishing a solid financial foundation.

Merlin Team

Project Merlin is led by an experienced team. Co-founder and CEO Hakan Bektaş drives the project with strategic vision, while co-founder and COO Çağrı İmal manages operational processes. CTO Iqbal Singh develops the technical infrastructure, and CMO Nazım Karaalp shapes marketing strategies. Legal counsels Elif Hilal Umucu and Suna Dönder ensure regulatory compliance, while advisor Mete Ali Başkaya provides strategic support.

Official Links

• Website
• X (Twitter)
• Whitepaper

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Team & Founders

ONUS Chain is managed by the ONUS Foundation, consisting of experienced software developers and blockchain experts. The founders and core team have years of experience in blockchain and digital financial product development. The Vietnam-based ONUS app has over 3 million users. 

Investors & Key Partners

ONUS Chain is supported by various investors and strategic funds. Its ecosystem collaborates with platforms like Rice Wallet, which has over 1 million users. 

Project Concept

ONUS Chain aims to provide a user-friendly, low-cost, and high-performance Web3 and DeFi platform. ONUS Coin is designed to secure the network, enable governance, and provide low-fee transactions. 

Rice Wallet

Several blockchain projects and teams plan to migrate their existing projects to ONUS Chain. 

How the Project Works

ONUS Chain is built on BNB Application Sidechain (BAS) and uses the Proof of Stake Authority (PoSA) consensus mechanism. 

• Fast, low-cost transactions 
• Ability to run Ethereum smart contracts via EVM compatibility 
• Modular architecture for easy developer integration 
• wONUS serves as a bridge for using ONUS tokens on other chains; users convert ONUS to wONUS for DeFi protocols or Ethereum ecosystem usage 

Token Use Cases 

• Network Security: Validator staking 
• Governance: On-chain voting 
• Transaction Fees: Transfers and smart contract operations 

Token Details 

• Token Name: WONUS 
• Total Supply: 95.65M wONUS 
• Max Supply: 100M wONUS 
• Circulating Supply: 95.65M wONUS 

What is wONUS?

wONUS is the wrapped version of ONUS Coin, enabling its use on Ethereum and other EVM-compatible chains. 

• 1 wONUS = 1 ONUS 
• Usable in DeFi applications and smart contracts 
• Designed for cross-chain transfers and liquidity
• wONUS allows ONUS token holders to use their tokens effectively across different blockchains while maintaining value. 

Token Distribution 

• 33.06% ONUS Community 
• 5.15% Strategic Investors & Funds 
• 25.74% Ecosystem & Community Development 
• 20.60% ONUS Foundation 
• 10.30% Core Team 
• 5.15% Advisors & Employees 

Ecosystem

ONUS Chain offers a complete Web3 & DeFi ecosystem with user-friendly wallets, staking systems, RPC-API, and EVM-compatible smart contracts. Rice Wallet and other partner applications ensure active usage. 

Features 

• Fast Transactions: Deterministic confirmation 
• Low Fees: Minimal gas cost 
• EVM Compatibility: Run Ethereum-based DApps 
• High Scalability: Up to 4000 TPS with PoSA 
• Easy Deployment: Simple integration for developers 
• Interoperability: Cross-chain bridging 

Roadmap 

• 2022 Q3 (Phase 03): Bridge v1, testnet, beta launched 
• 2022 Q4 (Phase 04): Multi-chain support, ONUS tools updated, token & NFT creation added 
• 2023 Q1 (Phase 05): Staking and governance systems upgraded to v2 
• 2023 Q2 (Phase 06): Validator count increased to 11; DAO voting system added 
• 2023 Q3 (Phase 07): Faster transaction finality achieved 
• 2023 Q4 (Phase 08): Layer-2 PoSA + ZK integration started 

Official Links 

• Website
• Twitter
• Telegram

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Supported by traditional gaming companies and leading Web3 names, Oasys aims to provide zero gas fees, fast transactions, and a user-friendly experience tailored to the needs of the gaming industry. 

Architecture: Hub & Verse Layers 

• Hub Layer (Layer 1) The Hub is the core of Oasys. It securely verifies transactions from all Verse layers, ensuring data availability and basic security. 
• Verse Layers (Layer 2) Verse chains are customizable chains for game developers. Players can execute instant transactions with zero gas fees. Developers can launch their own Verse or use existing Verses. 

Oasys is EVM-compatible, allowing seamless integration with Ethereum ecosystem tools and smart contracts. 

Team and Origins

Oasys is backed by experts with experience in both gaming and blockchain. The project originates from double jump.tokyo, the developer of successful Ethereum-based games like MyCryptoHeroes. 

Key Team Members

• Gabby Dizon: Co-founder of Yield Guild Games 
• Hajime Nakatani: President & CEO of Bandai Namco Research 
• Hironao Kunimitsu: Founder & CEO of gumi and Thirdverse 
• Hironobu Ueno: CEO of double jump.tokyo 
• Shuji Utsumi: COO of SEGA CORPORATION 

Strong Partners & Validators

Oasys’ credibility is reinforced by support from gaming and tech giants, including:
SEGA, Ubisoft, Bandai Namco, Com2uS, double jump.tokyo, Yield Guild Games, MIXI, DMM.com/DM2C Studio, Astar, KDDI, Rakuten Wallet 

Project Concept

Oasys removes key barriers for blockchain gaming: 

• High gas fees 
• Slow transaction confirmations 
• Complex user experience 
• It provides ready-made infrastructure for developers and seamless, gas-free gameplay for users. 

Milestones 

• Apr 2018: double jump.tokyo Inc. founded 
• Aug 2018 – Feb 2019: MyCryptoHeroes pre-sale, launch, and land sales 
• Jun 2019: NFTPlus+ launch 
• Jan 2020: Brave Frontier Heroes launch 
• Nov 2020: MCH Coin launch 
• May 2021: MyCryptoSaga release 
• Oct 2021: Shi-San-Sei Million Arthur release 
• Jan 2022: N Suite pre-launch 

Governance

Oasys operates with a decentralized governance model. $OAS token holders stake tokens to secure the network and vote on ecosystem decisions such as inflation, treasury allocation, and contract changes. 

NFT Bridge

Oasys uses a PoS Bridge to transfer NFT ownership across chains, transferring only ERC-721 ownership data. 

• Mint: NFT created on the Genuine Chain 
• Usage: NFT operates on the Main Chain for in-game interactions 

Bridging: 

• Genuine -Other Chain: NFT locked, minted on target chain 
• Other Chain -Genuine: NFT burned, reopened on Genuine Chain 
• Other Chain -Other Chain: NFT burned, minted on target chain 

Token ($OAS) 

• Total Supply: 10,000,000,000 OAS 
• Max Supply: 10,000,000,000 OAS 
• Circulating Supply: 4,780,000,000 OAS 

Distribution 

• 38% Ecosystem 
• 21% Staking Rewards 
• 15% Development 
• 14% Early Supporters 
• 12% Foundation 

Use Cases 

• Gas Fees: OAS for Verse → Hub data transfer 
• Verse Creation: ≥1,000,000 OAS deposit to launch new Verse 
• Validator Stake: ≥10,000,000 OAS to become a validator 
• Payments: In-game transactions and microtransactions 
• Governance: Voting through staking 
• Staking Income: Passive rewards from inflation (rate governance-determined after year 6) 

Roadmap 

• Oasys Navi: Web directory to explore games and Verses 
• Oasys Passport: User-friendly wallet for easy login & asset management 
• Verse Developer Kit (VDK): Comprehensive tools for developers 
• More Games & Verses: New game integrations with partners like Ubisoft & SEGA 
• Interoperability: Bridges with Ethereum, Polygon, and other metaverses 

Key Features 

• Zero Gas Fees – Free transactions for players 
• High Scalability – Thousands of concurrent transactions 
• Instant Transactions – Faster confirmations than Optimistic Rollup via “Instant Verifier” 
• Interoperability – Asset transfers with Ethereum and other chains 
• Eco-Friendly – PoS-based, low energy consumption 
• Game-Focused Architecture – Optimized for game-specific needs 

Official Links 

• Website
• Telegram
• Twitter
• Discord

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The post What is Oasys (OAS)? Web3 Gaming with Zero Gas Fees appeared first on Coin Engineer.

What is the Somnia (SOMI)?

The Somnia Network is a Layer 1 blockchain platform designed to empower metaverse and Web3 experiences. It solves critical scalability and interoperability issues to enable a fully on-chain ecosystem, particularly for real-time applications like gaming, social media, and DeFi. Somnia’s vision is to deliver Web3 features at Web2 scale (millions of concurrent users and hundreds of thousands of transactions per second), creating an open, censorship-resistant, and equitable internet.

Key Features

• High Performance: Somnia achieves over 400,000 transactions per second (TPS) with sub-second finality, making it one of the fastest EVM-compatible blockchain platforms. This is powered by technologies like Accelerated Sequential Execution and IceDB.

• Omnichain Protocols: Enables seamless interaction between metaverses, allowing assets to move effortlessly across platforms for a connected digital economy.

• Creator Economy: Tools like the “Object Protocol” empower creators to build, monetize, and innovate in the metaverse, promoting asset portability across platforms.

• Decentralization and Community Governance: Aims for a community-owned ecosystem where no single entity dominates.

• Innovative Architecture: Separates data production from consensus. Each validator operates its own data chain, while a separate consensus chain uses a modified HotStuff algorithm to enhance efficiency.

Mission and Objectives

Somnia aims to bring Web2-scale real-time applications to Web3, fostering a more open and equitable internet. Key objectives include:

• Supporting millions of concurrent users and hundreds of thousands of TPS.

• Providing censorship-resistant, accessible systems for anyone with internet access.

• Creating a shared-value ecosystem where no single party controls wealth.

• Enabling free movement of users and assets across platforms.

• Building a more open and equitable world.

Core Principles

• On-Chain Experiences: Technology enabling fully on-chain, real-time, mass-scale applications.

• Multiverse: A collection of interconnected experiences rather than a single platform.

• Composability: A collaborative culture where developers build on each other’s work.

• Creator Freedom: Protecting digital asset rights and fostering innovation without platform constraints.

• Universal Access: A virtual society open to anyone with an internet connection.

What Problems Does Somnia (SOMI) Solve?

Web3 has democratized finance through DeFi, but it falls short in mass consumer applications. Current blockchain platforms face performance limitations, high transaction costs, and data storage issues, hindering on-chain scalability. Somnia overcomes these with over 400,000 TPS and low fees, enabling innovative, on-chain applications in gaming, metaverse, and social media.

Current Landscape

EVM-compatible chains typically have low throughput (e.g., Ethereum at 9-18 DPS, BNB Chain at 194 DPS). Non-EVM chains like Solana, Aptos, and Sui offer higher TPS but lack access to the robust EVM developer ecosystem. Somnia combines EVM compatibility with high performance, addressing:

• Execution Speed: Smart contract execution and block creation speed.

• Storage: Access to chain history and data read/write performance.

• Bandwidth: Data transfer between nodes at high transaction volumes.

Somnia Blockchain Innovations

Somnia delivers groundbreaking performance among EVM-based blockchain platforms:

• MultiStream Consensus: A partially synchronous PoS protocol inspired by Autobahn BFT.

• Independent Data Chains: Each validator runs its own data chain for independent block production, eliminating consensus within data chains.

• Consensus Chain: Aggregates data chain heads using a modified PBFT algorithm, boosting efficiency.

• Compiled Bytecode: Translates EVM bytecode to x86, achieving near-native C++ speeds and millions of TPS on a single core.

• IceDB Database: Offers 15-100 nanosecond read/write, predictable performance, and snapshot support.

• Advanced Compression: Uses BLS signature aggregation and streaming compression for high data throughput.

Use Cases

• Gaming: Fully on-chain, evolving games where players own assets and modding freedom.

• SocialFi: On-chain social media platforms with user-owned accounts and data.

• Metaverse: Infrastructure for interconnected virtual worlds and economies.

• DeFi: Fully on-chain limit order books, mirroring centralized exchange efficiency.

• Real-Time Applications: Web2-scale applications with Web3 features, unlocking new possibilities.

Somnia (SOMI) Tokenomics

SOMI is the native token of the Somnia blockchain, with a fixed 1 billion token supply. Operating on a Delegated Proof-of-Stake (dPoS) model, it serves:

• Staking: Validators stake 5 million SOMI to run nodes. Token holders can delegate to validators for rewards.

• Payments: Gas fees are paid in SOMI.

• Governance: Future token holder voting on network decisions.

Staking and Delegation

• Validator Staking: Validators must stake 5 million SOMI, fulfilled via their own tokens or delegation. Rewards come from 50% of gas fees and treasury incentives.

• Delegated Staking: Token holders delegate to validators or a general pool. The general pool has no lockup, while specific pools require a 28-day lockup. Emergency unstaking forfeits 50% of tokens to the treasury.

• Example: If a validator delegates 50% of their stake with a 20% share rate, 10 of 100 SOMI rewards are distributed proportionally to delegators.

Token Distribution

• Total Supply: 1 billion SOMI

• Initial Circulating Supply: 160.2 million SOMI

• Distribution:

  • Community: 27.925%

  • Ecosystem: 27.345%

  • Team: 11%

  • Advisors: 3.58%

  • Launch Partners: 15%

  • Investors: 15.15%

SOMI Vesting

Somnia (SOMI) Roadmap

• Testnet: Testnet launch and decentralized validators.

• Mainnet: Mainnet launch.

• Somnia Browser: Mobile and web app for the Somnia ecosystem.

• Reactive Protocol: Enables developers to react to on-chain data and state changes.

• Semi-Permissionless Validators: Allows validators to join without foundation approval.

Somnia (SOMI) Investors

Somnia is backed by up to $270 million from Improbable, MSquared, and the Virtual Society Foundation. Key investors include a16z, SoftBank, Mirana, SIG, Digital Currency Group, and CMT Digital, strengthening Somnia’s metaverse and Web3 vision.

Somnia (SOMI) Team

Somnia’s leadership team comprises seasoned experts. Founder Paul Thomas shapes the platform’s vision. CMO Michelle Kang drives marketing strategies, while Head of Business Development Sal Liberto Jr. steers ecosystem growth. This team leads Somnia toward becoming a top Web3 and metaverse platform.

Official Links

• Website
• X (Twitter)
• Whitepaper

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A special airdrop opportunity of 1,666 MGO tokens is being offered exclusively for Binance Alpha users. Eligible users can claim the airdrop via the Alpha Events page within 24 hours after MGO trading begins.  

Binance Alpha Airdrop Participation Requirements:  

• The airdrop will be distributed on a first-come, first-served basis.  
• You must have at least 210 Binance Alpha Points to participate.  
• Claiming the airdrop will cost 15 Alpha Points.  

The airdrop can only be claimed within a 24-hour window. Rewards not claimed within this period will be considered invalid.  

What is MGO?  

Mango Network (MGO) is a pioneering project aiming to support the development of decentralized applications in the Web3 space by providing modular data and AI infrastructure. It offers scalable, privacy-focused, and efficient solutions for developers and users.  

Mango Network is a high-performance Layer 1 blockchain supporting both MoveVM and EVM, integrating OP Stack and ZK Rollup technologies to provide developers with a scalable, secure, and flexible infrastructure.  

The project has secured a total funding of $13.5 million from leading investors such as Kucoin Ventures, CatcherVC, Tido Capital, Connectico Capital, Becker Ventures, Ainfra Ventures, and Tfund.  

The MGO token is the network’s native asset and serves multiple purposes within the ecosystem, including transaction fees, staking, governance, and data sharing.  

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