The new staking feature allows users to lock their $FAR tokens and earn a competitive 60% APR, one of the highest incentives among the recent Web3 games
tokenisation
Bitget
Bitget, Foresight Ventures to invest $30mn in TON blockchain to spur growth of Telegram-based projects
This investment will be allocated through the acquisition of TON tokens, and is expected to further accelerate the adoption of Tap-to-Earn, GameFi, and new emerging trends within the TON ecosystem
Blockchain
Credit intelligence platform Synnax unveils new Tap2Earn Telegram mini app
The newly launched mini app allows users to earn points by answering engaging questions
Cypher Capital
Lyvely secures investment from global crypto exchange M2
Lyvely’s native utility token, built on the Base network, is set for public listing in Q4 2024
Cypher Capital
Lyvely announces $3mn token airdrop campaign for SocialFi platform
The campaign will distribute 20,000,000 LVLY tokens, with each token valued at $0.15 at the token generation event (TGE) planned for Q4 2024, Lyvely said in a statement on Tuesday
Dubai
Revealed: Tokenisation to spur next growth phase of Dubai’s real estate sector
The rise of tokenisation and blockchain technology in Dubai – and larger UAE – is also boosting fractional ownership of real estate assets, even encompassing various high-value assets such as vacation homes
Blockchain
DeFi yield infrastructure venture Zoth with UAE operations raises $4mn funding
The company’s latest funding round attracted prominent investors, including Taisu Ventures, G20, Fat Cat Ventures, GemHead Capital and Foundership Ventures
Bitget
Global crypto exchange Bitget launches futures trading for its first native token BGB
To celebrate the launch of the first BGB perpetual futures, Bitget will host a series of competitions to give away 20,000 BGB to its users
Blockchain
Blockchain network HAQQ reveals plans for gold-backed stablecoin, tokenised sukuk to boost Islamic interbank market
The move comes close on the heels of the UAE central bank approving issuance of stablecoin regulation
Funding
MANTRA announces $11m funding round led by Shorooq Partners
MANTRA has announced an $11m cash injection led by Shorooq Partners
Bitcoin
Embracing the crypto evolution: Institutional adaptation and the future of tokenized assets
The path to embracing the crypto evolution lies in a fundamental transformation of the ecosystem to meet institutional needs
Blockchain
Float, Sygnum & Fasanara Capital partner to launch world’s first private debt asset token
The Float token has a maturity of 18 months with a fixed annual interest rate of 14% and quarterly interest payments
Blockchain
Expert NFTs: Users able to purchase time with industry insiders on new platform
The world’s first utility NFT that will capture conversations and ideas on blockchain in collaboration with industry experts
Blockchain
UAE’s DIFC is home to new blockchain tokenisation platform
Zeniq’s new platform will allow its users access to liquidity in the DIFC, and potentially globally