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LABS Group  


LABS Price:
$102.5 K
All Time High:
Market Cap:
$6.4 M

Circulating Supply:
Total Supply:
Max Supply:


The price of #LABS today is $0.000635 USD.

The lowest LABS price for this period was $0, the highest was $0.000635, and the exact current price of one LABS crypto coin is $0.00063537.

The all-time high LABS coin price was $0.15.

Use our custom price calculator to see the hypothetical price of LABS with market cap of BTC or other crypto coins.


The code for LABS Group crypto currency is #LABS.

LABS Group is 1.9 years old.


The current market capitalization for LABS Group is $6,353,677.

LABS Group is ranking downwards to #630 out of all coins, by market cap (and other factors).


The trading volume is medium today for #LABS.

Today's 24-hour trading volume across all exchanges for LABS Group is $102,480.


The circulating supply of LABS is 10,000,000,000 coins, which is 100% of the maximum coin supply.


LABS is a token on the Binance Smart Chain blockchain.


LABS is available on several crypto currency exchanges.

View #LABS trading pairs and crypto exchanges that currently support #LABS purchase.



LabsxArsenal: New partnership, endless possibilities

Victory through harmony; travel globally through endless possibilities Staynex is Arsenal FC’s official hotel and resort membership NFT partner — creating the next generation of vacation clubs. Through this partnership, we’re not only revolutionizing real estate through blockchain, but we’re also combining the industry with global names. In the words of Bernard Lau, the CEO of LABS Group: “This [partnership] will accelerate our vision… in a way that has not been done before. We look forward to sharing with this our family of 100 million fans worldwide.” This partnership is truly one-of-a-kind — it’s rare to see different industries cross paths in this particular way. But for us, the partnership has been a long-time coming. The hospitality industry needs a new way of operating, and travelers (including supporters of football clubs like Arsenal) need a new form of vacation ownership. In our previous announcement of why we rebranded Labs Club to Staynex, we shared the company’s core goal: to tokenize ‘stays’ into NFTs. This way, travelers are not only able to own global stays, but they also get better deals with more utility and value. Additionally, they get to buy, sell and swap holidays freely and on-the-go — no questions asked, no glass ceilings. As Arsenal’s official hotel and resort membership NFT partner, this means a wide range of endless possibilities for different parties. A Step i...

Arsenal and LABS Group Announce New Partnership

We are announcing a new partnership today which sees LABS Group become our official Hotel and Resort Membership Partner in Asia and Europe. LABS Group will focus on the hospitality industry, allowing hotels and resorts to create and customise timeshare programmes through their new digital marketplace, Staynex, which will launch early next year. Rooms from a network of resorts and hotels around the world will be available at discount prices for a set period, over a number of years, through the new system. Customers will be able to purchase a residence pass for partner hotels, in the form of an NFT (Non-Fungible Token), that gives them access to the accommodation for the specified time period at a reduced rate. Bernard Lau, CEO of LABS Group, said: “Partnering with Arsenal is not only an honour, but it’s also a dream come true to be associated with such a successful and historical football club. This will accelerate our vision of combining the hospitality industry with global brands, in a way that has not been done before.” Juliet Slot, Chief Commercial Officer at Arsenal said: “We’re delighted to welcome LABS Group to the Arsenal family as they prepare to launch this new product in the New Year. Our reach around the world is going to be an important part of them growing this new business.” Disclaimer: LABS Hotel Membership NFTs (‘Residence Passes’) are a form of cryptoasset. Please note that (a) the value ...

From LABS Club to Staynex: New name, same mission

When we first introduced Labs Club, the mission was simple: to revolutionise the traditional real estate and hospitality industry with blockchain, NFT, and Web3. That mission is still the same. What changed, however, is that as we were working on our idea, our brand looked less and less like who we are — and it no longer serves the vision we initially had. Additionally, the industry we’re in changes fast, and as we continued to work on our mission, we realised certain adjustments were necessary. Focusing on Travel Even amidst the Covid-19 pandemic, we always believed that travel will remain a huge part of everybody’s lives. The number of digital nomads are increasing, and travelling and living abroad has become the norm. But the way the industry works has largely stayed archaic. Hotel rewards still come in the old-fashioned way of discounts and cashbacks — and visitors can’t choose how they want to spend it. Travellers have to choose between their favourite countries, because not everyone can afford to buy properties in different places. As we’re building out the LABS Club platform, we keep asking ourselves: how do we create a product that gives the users… Stability of real estate operations and yield income, The flexibility of having a “home” in every country, The ability to purchase the “time” you need at the property, The freedom to choose how to spend a reward, More benefits as and wh...

Stake $LABS Token & Win Football Club Prize: A Step by Step Guide

You’ve read it right! LABS Club is partnering with Top 4 football Premier League Club — and it’s one of the top 10 football clubs in the world. We can’t wait to reveal it soon, but until then, we want YOU to be a part of the journey! We’re giving away FREE football club prizes and stake $LABS Token — all you have to do is make a simple prediction in Support2WIN. What is Support2WIN? Support2WIN is the latest and greatest platform for football fans, powered by the fans. We want to give back to the fans, live & direct, so you get the chance to earn more with increased APY Boosts & get rewarded with unforgettable fan experiences. Support2WIN is launching on November 15th, 2022 — gear up and make your predictions! How to Win What You Need to Know Users can participate with a minimum of 10 USD worth of $LABS Token., Users can stake $LABS Token in the prediction pool for three months and get up to 80% APY., Staking in the right football club prediction pool means you’re entered into a lucky draw, potentially getting exclusive football club prizes!, Here’s How Interested? Here’s a comprehensive step-by-step guide on how to stake and predict in Support2WIN. Step 1 Head over to our website., Then, connect your Wallet Address. This is so you can stake your tokens and predict in the football club prediction pool., MetaMask, CoinBase Wallet and Wallet Connect wallet addres...

You’ve read it right!

You’ve read it right! LABS Club is partnering with Top 4 football Premier League Club — and it’s one of the top 10 football clubs in the world. We can’t wait to reveal it soon, but until then, we want YOU to be a part of the journey! We’re giving away FREE football club prizes and stake $LABS Token — all you have to do is make a simple prediction in Support2WIN. What is Support2WIN? Support2WIN is the latest and greatest platform for football fans, powered by the fans. We want to give back to the fans, live & direct, so you get the chance to earn more with increased APY Boosts & get rewarded with unforgettable fan experiences. Support2WIN is launching on November 15th, 2022 — gear up and make your predictions! How to Win What You Need to Know Users can participate with a minimum of 10 USD worth of $LABS Token., Users can stake $LABS Token in the prediction pool for three months and get up to 80% APY., Staking in the right football club prediction pool means you’re entered into a lucky draw, potentially getting exclusive football club prizes!, Here’s How Interested? Here’s a comprehensive step-by-step guide on how to stake and predict in Support2WIN. Step 1 Head over to our website., Then, connect your Wallet Address. This is so you can stake your tokens and predict in the football club prediction pool., MetaMask, CoinBase Wallet and Wallet Connect wallet addres...

AMA Recap- 21 Oct CEO Night

Join the CEO Night AMA where Bernard Lau, LABS’ new CEO shares his views on the new LABS Club Project! Date: Oct 21, 6 PM SGT (10 AM UTC) Leave your questions on Twitter & in Telegram to win a share of 80 USDT! Aihcleon: Welcome to our CEO Night, everyone! Today, we have some news that we want to share with our community members. Our CEO, Bernard Lau will be going to share some of these updates with you shortly. Can I see some reactions on this before we begin? 🔥 The last two weeks have been a whirlwind, as it marks the renewal for LABS Group. We have been introducing LABS Club — an exclusive hub that offers traveling benefits and rewards generations via Residence Pass NFTs, and most recently, Bernard Lau becoming our new CEO of LABS Group. Please give a warm welcome to Bernard Lau for his first CEO night with us, fam! 🙌 Aihcleon: Before we kick the CEO night off, I would like to shed some light on what LABS Club is for those of our listeners that have not heard of LABS Club. Can you share with the community what LABS Club is about? Well, for those of you that don’t know.. 👀 LABS Club is redefining the traditional real estate and hospitality industry by utilizing blockchain, and web3 technology. LABS club aims to make real estate accessible to everyone by utilizing fractional ownership in blockchain tech. Within the LABS Club ecosystem, we have the Clubhouse, which serves as the NFT Marketplace ...

Meet Our New CEO of LABS Group, Bernard Lau

Bernard Lau is the CEO of LABS Group. He has a decade of experience in real estate and hospitality, having founded a property management company in Shanghai that manages residential and commercial properties, and co-founding Gravity Resorts, a boutique resort company that has presence in Indonesia, Thailand and Japan. Bernard Lau’s View on Bringing Blockchain Technology to Real Estate It’s an honour to be here as the new CEO of LABS, and I am ever grateful to Yuen for giving me this opportunity to bring LABS forward and to bring our vision to reality. Real Estate has always been my passion and being in the industry for the past decade, it’s something that has always kept me excited and on my feet. When I started my property management business in Shanghai, my wife and I would be riding our electric scooter around the city and making calls to every residential and commercial lot that had a phone number pasted on it to find out the price. It felt the same when I was in Bali searching for land to start our first resort development, or even travelling in Asia searching for old holiday homes for sale. I feel the same way now looking at the potential of blockchain and how it could improve and modernize the real estate industry. And that was how I was led to LABS. After the completion and successful launch of Kunang Kunang Tent Resort, I felt that I could contribute more to the industry, not just from a ‘brick and mortar...

LABS October Bi-Weekly Update #1

We’re not waiting for the new year to make new changes — at LABS Group, we’re always thinking of new ways to bring more value to investors like you, which is why we’re so excited to announce our latest updates. The last two weeks have been a whirlwind, as it marks the renewal for LABS Group. Here’s what we’ve been up to: The introduction of LABS Club — an exclusive hub that offers travelling and rewards benefits via Residence Pass NFTs, We’ve created a swanky, new logo to accompany this exciting rebranding, To propel this change, we’ve also set up a brand new website, and will be doing an redesign of our Discord channel to focus on LABS Club, LABS Group new logo marks the new direction Let’s dive into each of these. Introduction of LABS Club We recently announced the launch of LABS Club, which utilises blockchain, NFT and Web3 tech to disrupt the traditional real estate and hospitality industry. It acts as a main hub for investors to get access to our Residence Club programs, and brings various benefits and special rewards via NFTs. Under the LABS Club, there’s the Clubhouse, a Resort and Hotel NFT Marketplace that allows investors to buy and sell Residence Pass (NFT). Pass holders will receive plenty of benefits such as free nights at our properties, exclusive in-property perks and reward generation from global world class resort operations. Redesign of our Website & Discord We launch...

LABS Club — A New Chapter Begins!

LABS Club — A New Chapter Begins! - Introducing LABS Club: Your Ticket to A Lifetime of Vacation LABS Group is embarking on an exciting, new chapter — one that will revolutionise the traditional real estate and hospitality industry with blockchain, NFT, and Web3. Why? Because the industry needs a new way of operating, and the current consumers need a new way to spend. We’re ushering in this new era of Decentralized Real Estate with the introduction of LABS Club, to be launched in Q1 2023. LABS Club: The Future Is Here Want access to luxurious, global properties? LABS Club has a global real estate portfolio. Want more flexibility with your real estate earnings? LABS Club gives you access to the Clubhouse, where you buy the Residence Pass (NFT) which allows access to the Residence Club program with free night stay & Reward Generation at each property. Want to be a globetrotter that comes with more rewards, less cost? Under the LABS Explorer Club, you get exciting rewards at global properties. How does all of this work? Let’s break it down. Think of LABS Club as the main hub, where you get access to Residence Club programs from hotels globally that suit your needs. Under LABS Club, you can find the Clubhouse, our resort and hotel NFT marketplace. This marketplace is where you can buy and sell Residence Pass (NFT) where NFT holders will receive plenty of benefits such as free nights at our properties, exc...

LABS Group Monthly Update — May

LABS Group Monthly Update — May - COMMUNITY AND DATA Twitter: 58K total followers on Twitter, 45K Profile Visit, 370 likes, 120 retweets, 82 comments, Telegram: 682 active users on Telegram, 702 Daily Active Users, 91 average daily messages, 4 average hourly messages, 2813 messages, LABS — AMA RECAP LABS Group Internal AMA (BNB Migration) Recap. 10 May 2022. LABS Group Internal AMA (BNB Migration) Recap SOCIAL MEDIA BNB Migration (Step-by-Step guide). 04 May 2022.  — @labsgroupio BNB Migration Important Note. 05 May 2022.  — @labsgroupio LABS Group is featured in a Billboard AD in Hong Kong. 11 May 2022.  — @labsgroupio Kunang Kunang Tent Resort was selected as one of the best-designed hotels and private resorts. 16 May 2022.  — @labsgroupio $LABS is now LIVE on Pancakeswap. 19 May 2022.  — @labsgroupio #LABS #WordSearch Game campaign. 20 May 2022.  — @labsgroupio LABS Group owned Kunang Kunang Tent Resort kicks-off its Grand Opening with a ribbon-cutting ceremony. 24 May 2022.  — @labsgroupio LABS Group’s eagerly awaited Kunang Kunang Tent Resort is officially open. 25 May 2022.  — @labsgroupio — About LABS Group - LABS Group Limited (, the world’s first end to end Blockchain powered real estate digital investment ...


FTX and Alameda Research Collapse Sad Event but 'Good for the Long Run' ...

    While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to 'flush out companies that were not sustainable enough to operate during a storm.' As a result, the 'market will be healthier' going forward.The Art of Market Making Besides weeding out weak players, Andrei Grachev suggested in a written response to questions from News that the collapse of key crypto industry players like FTX and Terra has highlighted the importance of adopting measures that protect users. One such measure, which can be used by global digital asset market makers like DWF Labs, is the so-called pump-and-dump protection scheme. The scheme is essentially a liquidity management technique across exchanges. Meanwhile, Grachev also shared his views on topics that range from the misconception about market makers to how market-making differs between centralized exchanges (CEXs) and decentralized exchanges. Below are the managing partner's responses to the rest of the questions from News. News (BCN): Can you briefly define market making as well as what happens when a user buys a crypto asset on a centralized exchange or sells this on a decentralized exchange?Andrei Grachev (AG): A market maker creates liquid markets, quotes order books (puts buy and sell limit orde... read More

Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adop...

    Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a 'big deal' and, in comparison with other blockchain announcements that involved AWS, he insisted that this partnership is 'meaningful.'Founder and CEO of Ava Labs, Emin Gün Sirer, Comments on Collaboration with Amazon Web Services According to Ava Labs, the company behind the blockchain network Avalanche (AVAX), the firm has partnered with Amazon Web Services (AWS) to 'accelerate enterprise, institutional, and government adoption of blockchain.' The team published the announcement on Jan. 11, 2023, and said that AWS will support the Avalanche network and decentralized application (dapp) ecosystem. 'Critically, Avalanche node operators can run in AWS Govcloud for Fedramp compliance use cases - a vital capability and a pre-requisite for enterprises and governments,' the Wednesday announcement detailed. “At AWS, we are all about bringing the most cutting-edge technologies to builders, no matter if they sit in a multi-million-dollar enterprise, a government office, or a dorm,” Howard Wright, the VP and global head of AWS startups said in a statement. “The new capabilities brought by Avalanche enable us to do just that. We’re thrilled to add an innovator like Ava Labs to our partner network a... read More

Class-Action Lawsuit Against Terraform Labs Dropped

    It's been more than half a year since the first major player in the crypto space went under, with the decidedly unstable 'stablecoin' UST losing its peg and taking its creator, Terraform Labs, down with it. The founder of TFL, Do Kwon, has been on the run ever since and is reportedly in hiding in Serbia at the moment after brief stays in Mauritius, Dubai and so on. Several lawsuits have been filed against Terraform Labs and Kwon, accusing both of fraud, among other things. However, one of these lawsuits has just been dropped. No Reason Given for Dismissal The class-action lawsuit was filed by Matthew Albright of Albright Capital and was dismissed on the 9th of January. ”Plaintiff Matthew Albright hereby gives notice that the above-captioned action is voluntarily dismissed, without prejudice.” The lawsuit was filed against Terraform Labs, the Luna Foundation Guard, Do Kwon, and several other parties connected to Terra. The case was dropped 'without prejudice and without costs,' meaning that it can be refiled at any time. Nevertheless, once a case is dropped voluntarily, it is difficult to imagine why it would be filed again. However, this is only one case. There are several other lawsuits against the aforementioned entities, none of them being close to a resolution as of today. 3AC Co-founder Comments on Dismissal Not long after Terraform Labs unceremoniously collapsed, another high-profile player in the crypto industry, Three Arrows Capital, went down as well. At ... read More

14 Crypto Law Predictions For 2023, According To Delphi Labs General Cou...

    Gabriel Shapiro, the legal counsel at crypto company Delphi Labs and a US attorney with more than a decade of experience, has made his predictions for the coming year 2023. However, contrary to the crypto tradition of predicting the most lucrative altcoins, Shapiro is making his predictions in terms of US crypto law. The year 2022 was undoubtedly one of the most turbulent years for the crypto industry, which had to cope with the collapse of numerous fraudulent and overleveraged companies. The collapse of FTX and its entanglements in U.S. politics, at the latest, should give U.S. lawmakers ample reasons to regulate the crypto industry more tightly in the year ahead. In this regard, Shapiro predicts that a money laundering issue will be uncovered on a national level related to cryptocurrencies. For example, 'FTX could be revealed to be connected with Iran-Contra style arms smuggling to Ukraine.' (1) at least one major crypto project will register its existing token or smart contract system as a security with the SEC as part of a comprehensive pre-trial settlement — _gabrielShapir0 (@lex_node) December 28, 2022 Regarding centralized exchanges, Shapiro suspects that a CEX bankruptcy will expose a major mistake by a prestigious law firm. Under regulatory pressure from the U.S. Securities and Exchange Commission, the lawyer says, 'at least one major crypto project will register its existing token or smart contract system as a security with the SEC as part of a comprehensive... read More

Binance Labs Amassed 2,100% Returns on Investment Since Inception

    Binance Labs - the investment arm of crypto exchange Binance - reportedly made a historical return on investment, reaching as high as 2,100%. As a result, the total assets under management have hit $7.5 billion, according to the latest blog post. The platform also assured users its 'financial status is very healthy' and added that it has sufficient capital reserves to cover day-to-day operations and ride out any challenging cycles. Binance Breaks Silence Binance said all users' assets in its platform are supported 1:1. Moreover, clients also have the right to withdraw coins at any given time, thereby quashing rumors about sufficient reserves for users to do so. Taking a jibe at FTX, whose founders are being accused of misappropriating user funds, Binance stated that it will not embezzle such assets for any transactions or investments. The exchange further clarified that it has no debts, nor is it on the list of creditors of any company that has recently gone bankrupt. 'A few negative cases do not represent the entire industry. Many people started to doubt and attack the encryption industry as a whole through a few negative cases, which shows that the development of the entire industry still has a long way to go.' The Proof-of-Reserves Conundrum In the wake of the FTX collapse, the crypto industry's latest obsession has been executing proof-of-reserve attestations. As such, Binance released a Merkle Tree-based system for Bitcoin and Ethereum. A similar approach was taken by ot... read More

Uniswap Labs Taps Fiat Space With Moonpay Partnership

    Uniswap has announced a partnership with fintech firm Moonpay to enable users to purchase cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The new service aims to address a deep-rooted issue for decentralized exchange protocols that do not support fiat pairs. However, their centralized counterparts do. As part of the deal, Uniswap has enabled fiat-to-crypto conversions on the Ethereum mainnet, Polygon, Optimism, and Artibrum. The feature will initially support Dai, Ether, USDC, USDT, Wrapped Bitcoin (wBTC), and Wrapped Ether (wETH) but will vary depending on the region, according to the official announcement. Uniswap further revealed that major payment methods, such as cards and bank transfers, are supported but will vary depending on the region. Currently, bank transfers are only available for most of the US, Brazil, SEPA, and the UK. The new service claims to have 'no spread fees on USDC, lowest processing fees in the market, and instant access,' designed to tackle one of the major barriers to DeFi adoption. The exact terms and timeline of the launch were not disclosed. Uniswap's announcement comes amidst a rapid surge in DEX user activity following the high-profile blow-up of the centralized crypto exchange, FTX. Messari's recent report observed an increased user migration to Uniswap after the fact. The launch of its NFT aggregator on service also contributed to the growth in its user activity on the platform. The DEX leader attracted the... read More

Looking Glass Labs Partners with Cavrnus to Deliver Metaverse Innovation...

    [PRESS RELEASE - Vancouver, British Columbia, 19th December 2022] Looking Glass Labs Forms Strategic Development Partnership with Cavrnus to Deliver Clear Metaverse Innovation and Commercialization Strategy Brands and Creators Will Have Access to Powerful User-Friendly Metaverse Builder and Deployment Tools to Create Unique Experiences Using State-of the-Art Technology that Brings the Partnership, the Community and Brand Applications to the Industry Forefront. Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NTFX) (OTC: LGLSF) (FRA: H1N), a leading Web3 platform specializing in immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies, announces that it has signed a Strategic Development Agreement (the “Agreement”), which forms the basis of a Strategic Development Partnership (the “SDP”), with Cavrnus, Inc. (“Cavrnus”). The primary objective of the Agreement is to co-develop immersive metaverse experiences for consumer brands, through the expansion of LGL’s Pocket Dimension metaverse by deploying to multiple operating and mobile systems for increased user accessibility, and the delivery of seamless, user-friendly metaverse builder and deployment tools, which is expected to result in the ability to fast-track Pocket Dimension products to other brands and partners. The SDP leverages the complementary strengths of both parties to provide early Web3 adopte... read More

Meta Will Continue to Push Metaverse Investments in 2023 According to He...

    Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company is still committed to its metaverse pivot. Meta to Continue Pushing Metaverse and VR in 2023 Meta, the social metaverse company, is planning to continue to develop metaverse and VR-related projects during 2023. In an article written on Dec. 19, Andrew Bosworth, head of the metaverse division called Reality Labs, explains that while the company has suffered major drawbacks due to the economic downturn, it will still be pushing its new vision forward. Bosworth stated: I can say with confidence that after one of the hardest years in the history of the company, Meta remains as committed to our vision for the future as we were on the day we announced it. Facebook's rebranding to Meta was announced on Oct. 28, 2021, changing the scope and focus of the company to making the metaverse a real place in which individuals will be able to socialize, find communities, and grow businesses. Bosworth believes this is the right thing to do to overcome the short-term thinking that he considers disastrous. Investments and Achievements The level of commitment of Meta to the metaverse is being affected by the recent round of layoffs that the company announced on Nov. 9, when 11,000 employees w... read More

Stader Labs Unveils Plan for a decentralized, DeFi-friendly Liquid Staki...

    [PR - Singapore, Singapore, 13th December, 2022, Chainwire] Stader Labs, a leading multi-chain liquid staking protocol, has announced that it is launching its liquid staking solution, ETHx for Ethereum. This week, Stader Labs published its vision for Ethereum which sheds light on what to expect. The State of Ethereum Staking Firstly, a glance at the state of Ethereum staking today shows that liquid staking has emerged as the most popular way (33% of all staked eth) for users to stake Ethereum, followed by CEXs (29%). And within the liquid staking ecosystem, there’s a dominant protocol, Lido, that has a market share of ~90%. Additionally, the problem is only made worse by Lido’s model of working with a limited set of ~30 permissioned node operators. And, across Lido and the top 2 CEXs in Coinbase & Kraken, over 50% of all staked Eth flows through just these 3 entities. This clearly highlights the need for more robust alternatives. Stader x Ethereum: Vision Stader’s vision on Ethereum is to deliver a liquid staking product that can find the right balance of being user backward (think great UX, staking yield, Defi integrations), scalable (can support user demand), and a force for decentralization.   Stader’s approach to delivering this vision will be 3-fold: A hybrid ecosystem of permissionless and permissioned node operators with a focus on decentralization. The permissioned set will enable Stader to continue to scale as the permissionless ecosyste... read More

Zogi Labs Enters Partnership with Cronos to Launch The Legends of Bezogi...

    Dubai, December 13th - Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today announces its partnership with Cronos. Zogi Labs has won a spot amongst batch 6 of the Cronos ecosystem grant, alongside the signing of an MOU between Cronos & Zogi Labs, forming a strategic partnership which will pave the way for the future of Zogi Labs & Cronos products. “With the signing of a strategic partnership, we plan on mutually supporting each other's products and ecosystems to bring massive benefits to the end user. With our new ZOGI token on Cronos chain, along with plans for further collaboration, we’re expecting massive growth and a wealth of opportunity in working together with Cronos.” Steven Murray, CEO, Zogi Labs “We are excited to welcome Zogi Labs and their flagship MMORPG, The Legends of Bezogia, to Cronos. Games are a core pillar of the Cronos ecosystem and we look forward to supporting Zogi Labs to bring their games to the growing Cronos user base.” Ken Timsit, Managing Director, Cronos Zogi Labs x Cronos The Cronos & Zogi Labs ecosystems are a perfect fit to work hand in hand thanks to Cronos’s suite of tools including Crypto Play & multiple dApps which grow ecosystems such as DEX, NFT Marketplaces & Launchpads along with services such as Pay. Working closely with Cronos on future developments, Zogi Labs will be... read More

Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Lab...

    A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating events that led to the 'depeg' of Terra's once-stable coin UST. Do Kwon Getting Help in Serbia According to South Korean online publication Chosun, Do Kwon, the CEO of Terraform Labs who is wanted on charges of providing false information to investors, is living in Serbia. The report added that the justice ministry in Seoul is now seeking the Serbian government's help investigating the claims. Authorities are also reportedly investigating the possibility that Kwon is being assisted by someone in Serbia. The latest revelation of Kwon's whereabouts comes just a few months after reports suggested that he was in Singapore. However, those reports were later rebuffed by the Singapore Police Force which also promised to assist the Korean National Police Agency (KNPA) 'within the ambit of our domestic legislation and international obligations.' Kwon, who remains active on Twitter, has previously denied reports he is on the run. However, that didn't stop a court in South Korea from issuing a warrant for his arrest. The global law enforcement body Interpol has issued a red notice, which is a 'request to law enforcement worldwide to locate and provisionally arrest a person pending extradition,... read More

Binance Labs Leads Funding Round For Web3 Security Startup

    Aligning with ambitious investment plans in the ongoing bear market, Binance Labs - the venture capital arm of the world's largest crypto exchange - announced leading a private round II for GoPlus Security. The value of the investment has not been disclosed. The fresh capital infusion will be deployed to develop security data further, build a security service marketplace, and conduct new hiring for the Web3 security infrastructure provider. According to the official blog post, Go Plus Security also intends to use the funds to launch a security service marketplace at the end of 2022. So far, the startup provides security data to 13 chains. Following the development, Yi He, Co-Founder of Binance and Head of Binance Labs, commented, 'Security is foundational to the ever-growing Web3 ecosystem and community. By supporting consumer-facing solutions like Goplus Security, we hope to see how security services to end users can evolve and prosper.' The move comes days after Binance CEO, Changpeng Zhao (CZ), confirmed plans to use an astonishing reserve of $1 billion on acquisitions and investments. According to recent estimates, Binance has already committed more than $325 million to over 67 projects this year alone. In contrast, the crypto exchange spent around $140 million across 73 projects for the entire year of 2021 amidst a far more bullish crypto market. Binance Labs launched a $500 million fund to support promising Web 3 projects and start-up firms with great potential earli... read More

Terraform Labs Co-Founder Daniel Shin's Firm Chai Reportedly Raided by S...

    Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators.Terraform Labs Co-Founder's Company Chai Reportedly Raided by South Korean Law Enforcement The Terra blockchain that collapsed last May was a crypto project co-founded by two individuals — Do Kwon and Daniel Shin (Shin Hyun-seung). Similar to the FTX fiasco, Shin was more of a silent partner like FTX’s co-founder Gary Wang. A report from Forkast details that the Seoul Southern District Prosecutors' Office has raided Shin’s company Chai Corporation. The firm Chai is a payments company that was created by TFL co-founder Shin and it has been said that Chai was closely connected to TFL operations. For instance, on May 28, 2022, the whistleblower Fatman published a thread about Kwon being involved in a premine project that allegedly worked in unison with Shin’s Chai. Fatman detailed that TFL premined a token called SDT and it was allegedly leveraged to cash out via Chai using the Terra blockchain’s Korean won (KRW) token. Other reports were curious about the Chai and TFL partnership after monitoring the KRW token’s (also known as KRT) relationship with Chai. Forkast details that local reports have said Chai’s KRW token (KRT) functionality was discontinued in March 2022. Forkast noted that South K... read More

LBank Labs Establishes Blockchain and Crypto Investment Fund to Support ...

    PRESS RELEASE. Internet City, Dubai, Nov. 11th, 2022 - Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more. This is the first of the sequence of new investment funds from LBank Labs. Africa is one of the areas with a lot of untapped potential for blockchain expansion. With new member Czhang on board LBank Labs, the investment institution is looking globally. Czhang is currently visiting many countries in North Africa and followed by other regions in the continent. Throughout November, Czhang, as a representative of LBank Labs, will be talking with potential African collaborators. 'I think the future is in Africa,' said Czhang, 'in terms of blockchain adoption, LBank Labs hopes to provide support for local communities and give local projects the push that they need to start up.' LBank has been pushing educational efforts in the MENA region for some time, having community managers in Nigeria, Ghana, Tunisia, and more. 'Africa is a diverse place. We believe the key to blockchain development in Africa, and anywhere really, is education. Giving people the tools to understand blockchain technology will help them to see why it is such a world-changing thing. We really hope to have a strong bond with locals. ' a representative said. LBank has also expand... read More

NFT Market Decline Leads To Dapper Labs Laying Off 22% Of The Staff

    Crypto Firms such as Dapper Labs are currently feeling the heat of these markets’ downturn. As per a report, Dapper Labs has lost more than 90% of its NBA Top Shot sales volume dating from February 2021 till now. It appears that the drop in the prices of digital currencies is not the only aspect investors should be concerned about. This is particularly true considering the look of the NFT market recently. The sales volume of the company’s NBA Top Shot as of February last year was about $224 million, now at $2.6 million. Dapper Labs Briefing The primary objective of Dapper Labs is to provide collectible and tradable basketball highlights using non-fungible tokens. The company carries out its mission through a platform known as NBA Top Shot. The highlights the company offers already have a license from the NBA, bringing them royalties for every transaction. Some of its notable investors are the renowned basketball legends Kevin Durant and Michael Jordan. For a better user experience on the platform, the company created its NFT blockchain – Flow. Before now, it depended on the Ethereum network for sales on the platform. But that changed after it created a pet game in 2017 called CryptoKitties. Crypto Winter Pushes Dapper Labs To Lay-Off Staff Capacity By 22% Meanwhile, the ongoing NFT market trend seems to be affecting Web3 companies negatively, and Dapper Labs is no exception. The company has decided to drop its staff count. The company revealed this informat... read More

NFT Giant Dapper Labs Lays off 22% of Staff Citing Macroeconomic Environ...

    Web 3 companies are feeling the crunch of a bear market. The latest one to announce slashing its team size to cope with the deteriorating economic conditions is NFT powerhouse Dapper Labs. Citing the macroeconomic environment, the firm said it is laying off 22% of its staff. The company's founder and CEO, Roham Gharegozlou, said in a statement that all notification emails have already been sent to the departing team members. Those who have not been notified yet are not impacted. Dapper Labs' Announcement Gharegozlou stated that the company grew from 100 to over 600 employees in less than two years, launching operational challenges which prevented it from being as 'aligned, nimble, and community-driven' as it needed to be. The exec added that he takes responsibility for that in addition to the 'difficult decision' of laying off its staff as the business gears for restructuring. 'These reductions are the last thing we want to do, but they are necessary for the long-term health of our business and communities. We know web3 and crypto is the future across a multitude of industries - with 1000x potential from here in terms of mainstream adoption and impact - but today’s macroeconomic environment means we aren’t in full control of the timing.' The CEO said the Canadian blockchain company has streamlined and focused its product strategy around a more sustainable cost structure that involves 'making difficult decisions based on the skills and capabilities.' Market Interes... read More

MasterBlox and Chainlink Labs Establish Channel Partnership to Accelerat...

    [PRESS RELEASE - Oeiras, Portugal, 31st October 2022] MasterBlox foundation and Chainlink Labs are partnering up to support the next generation of Web3 projects. This new partnership aims to connect their projects with time-tested Chainlink oracle services and the vast Chainlink ecosystem. What Is MasterBlox? MasterBlox is a Lisbon-based Web3 accelerator program that has provided comprehensive marketing services to Web3 startups since 2017. We recently split MasterBlox’s activity between two entities with different focuses: the Labs and the Foundation. The Labs develops growth hacking and decentralized marketing activities, while the Foundation accelerates relationships between Masterblox clients to find the perfect match. The new company motto is “Engaged-Connected-Enhanced.” After announcing their first partnership in this new dual system with BNB CHAIN last month, MasterBlox has expanded its brand and network effect by continuously adding leading players from Web3 to its list of partners. The ultimate goal of this recent channel partnership with Chainlink Labs is to foster the global adoption of Web3 technologies by helping support teams building the next generation of decentralized applications with proven technology solutions and strategic ecosystem partners. What Is Chainlink? Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major indust... read More

Meta's Reality Labs Reports $3.6 Billion In Losses, When Will It End?

    Meta (formerly Facebook) officially declared its entry into the metaverse space last year with the Reality Labs division. Its announcement had understandably triggered the popularity of metaverse projects and their tokens during this time, as a lot went on to rally to billions of dollars in market cap. However, while Meta had been able to trigger positive growth for other metaverse projects, it has been unable to do so for itself as it reports another quarter of massive losses. Meta’s Reality Labs Records Losses Since Meta’s entry into the space via its Reality Labs division, the tech giant has been unable to secure any positive returns. Through its various quarters since then, the metaverse division has reported losses after losses which have now run into double-digit billions. In the most recent report for the 3rd quarter of 2022, the Meta metaverse division reported that it lost $3.6 billion. This will be the division’s highest quarterly loss to date but it follows the established trend of losses since inception. For the same time period in 2021, Reality Labs reported a loss of $2.63 billion. Then in the second quarter of 2022, the division reported a loss of $2.8 billion. It now brings the total losses of the division to $9.43 in a one-year period. Reality Labs’ Q3 2022 revenue came out to a total of $285 million, which is the lowest revenue figure so far.  Meta's metaverse financial highlights for Q3 | Source: Meta The company looks to be o... read More

Meta Stocks Plummet 20% as Reality Labs Cost Billions for the Third Quar...

    It’s been exactly a year since Facebook rebranded itself as Meta following the announcement of its new flagship product, Horizon Worlds, which it plans to expand massively. For now, the platform is still trying to grow its audience without much success, with the Wall Street Journal reporting that the total user base of Horizon Worlds hovers around 200,000, most of whom jump ship after their first month on the platform. This is in stark contrast with the planned 500,000 users milestone originally set for the end of 2022, which has now been dropped to 280,000. Adoption of the platform is also hindered by the hefty price tag of a VR headset necessary to access it, which puts it in direct competition with free alternatives with a steady user base, such as VRChat. Q3 Results Are in, and They Don’t Look Good Meta’s quarterly earnings report has just been published, and the data doesn’t reflect well at all on the company’s VR-bespectacled world. According to the report, Reality Labs – the business division of Meta in charge of developing Horizon Worlds – has had its worst quarter yet. Although the VR side of Meta’s business brought in about $285 million in Q3, Reality Labs has also left its parent company in the hole for a reported $3.67 billion. When combined with the performance of Reality Labs over the entire 2022, we see that it has cost Meta nearly $9.44 billion this year alone. However, there are still two months left – and... read More

LBank Labs Invites Czhang to Join as Investment Group Member

    PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 - Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented people into the rapidly growing investment institution. Since 2017, Czhang has pursued his career in tech innovation investment sectors. He was part of PreAngel Fund's Blockchain. In 2018, Czhang participated as a founding team, LP, and Partner for JRR Crypto and was also part of Binance Lab in 2021. Czhang has invested in over 200+ projects. LBank Labs is honored to have Czhang as a part of the team and believes that great things lay ahead for the institution with Czhang onboard. Founded in 2019, LBank Labs is an independent crypto investment institution under the top global crypto exchange LBank. LBank Labs currently has a total fund size of 50 million USDT. Registered in Asia's crypto hub Singapore, LBank Labs includes Venture Capital, Hedge Funds, and also Fund of Funds. As a specialized institution, LBank Labs have 30+ years of combined investment experience with professional research teams focused on the blockchain and cryptocurrency industry. Since its inception, LBank Labs invested in many quality early-stage public-chain projects such as VEN and NEO. Starting in 2020, LBank Labs invested in nearly 100 ecological projects such as Polkadot, NFT, and Solana. When looking at potenti... read More

Looking Glass Labs Sets Launch Date for Alpha Release of Pocket Dimensio...

    [PRESS RELEASE - Vancouver, British Columbia, 20th October 2022] Holders Will Gain Access to the Alpha Release on November 1, 2022, Which is Being Designed to Provide the Highest Resolution and Most Realistic Metaverse Experience Technically Possible Today Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (OTC: LGSLF) (FRA: H1N), a leading Web3 platform specializing in non-fungible token (“NFT”) architecture, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams, announces that its flagship studio, House of Kibaa (“HoK”) has set the launch date for the next step in the staged release (the “Alpha Release”) of its Pocket Dimension metaverse assets for November 1, 2022. The Company’s metaverse is being designed to provide the highest resolution and most realistic experience technically possible today. HoK has been steadily developing its metaverse assets in order to meet the significant expected demand for them over the next decade. As recently reported in the Wall Street Journal, annual global spending by businesses and consumers related to the metaverse could reach $5trillion by 2030, according to a new report from consulting firm McKinsey & Co. E-commerce in the metaverse will comprise $2.0-2.6 trillion of the total, while virtual advertising endeavors will make up another $144-206 billion. The Alpha Release will introduce holders to HoK’s overall metaver... read More

Smart Token Labs Enables Cool Cat and World of Women Derivative NFTs for...

    [PRESS RELEASE - Sydney, Australia, 15th October 2022] The themed NFTs include Devcon VI branding and are available to verified ticket holders, with future royalties to be split with charities Smart Token Labs has used its BrandExtender derivative NFT solution to create a unique NFT offering for 6,000 attendees at Devcon VI in Bogota this week Each attendee has the opportunity to dress up a Cool Cat or World of Women NFT in Devcon VI branded outfits and other items and mint the NFT as a fully on-chain derivative based on the original Cool Cat or WoW. The NFTs are being offered to attendees as part of Permissionless Perks which is an open platform for 3rd parties to provide perks or offers to verified ticket holders based on ticket attestations. “We’ve been delighted to be involved in the delivery of Permissionless Perks via cryptographic ticket attestations and,” said Victor Zhang, Co-founder and CEO of Smart Token Labs. “We thought it was only fitting that we deliver a special perk of our own to Devcon VI attendees. That comes in the form of Devcon VI branded derivatives based on two amazing NFT collections and, specifically, four individual Cool Cat and World of Women NFTs that are owned by STL.” To claim the NFT derivatives, attendees must prove they are a ticket holder via a ticket attestation. On entering the online Suit Up website, they can dress their derivative in a range of different outfits and mint it on-chain. The ti... read More

Arbitrum Developer Acquires Ethereum Consensus Client Prysmatic Labs

    Ethereum smart contract scaling solution developer Offchain Labs announced that it is acquiring Prysmatic Labs, one of the core engineering teams that architected the Merge and built Prysm. According to the announcement, Prysmatic Labs chose to join Offchain Lab because of the two companies' alignment on core beliefs and shared commitment to scaling Ethereum. The move aligns with the team's vision for a 'sustainable future for Ethereum' by enabling greater communication for the development on both layer 1 as well as layer 2. L1 Team Joins the Best L2 Team Post-acquisition, the Prysmatic team will continue to maintain the Prysm client, which is powering Ethereum's proof-of-stake consensus and a favorite among node runners. Prysmatic Labs co-founder Raul Jordan said merging with Offchain Labs 'made perfect sense' and believes the acquisition will help in building a 'unified team stronger than the sum of its parts.' He further went on to add, 'We have been inspired by Arbitrum’s organic growth and the versatility of the Offchain team to adapt to technology that is both practical and innovative. Both companies truly love the work we produce, and are extra motivated to build a unified team stronger than the sum of its parts.' Despite the Prysmatic Labs team officially joining Offchain Labs, development initiatives such as leading the effort to bring EIP-4844 data-sharding to production will continue uninterrupted. The two teams also plan on collaborating on several other pro... read More

UNI Jumped 6% as Uniswap Labs Secures a $165 Million Fundraiser

    The team behind the decentralized exchange - Uniswap Labs - raised $165 million in a Series B funding round, which will be allocated for NFT investments and developer tools. Shortly after the announcement, Uniswap's native token - UNI - spiked by nearly 6%. Uniswap's Latest Fundraiser Per a recent announcement, the multi-million initiative was led by prominent names in the financial field, including Polychain Capital, Andreessen Horowitz (a16z), SV Angel, Paradigm, and Variant. As a result, Uniswap Labs' valuation surged to approximately $1.66 billion. CEO Hayden Adams said the entity will use the funds to invest in its web application and developer tools as well as launch NFTs. 'I'm so grateful for the support of our incredible community, users, investors, and team. And I can't wait to share more in the months ahead,' the executive stated. In addition, Adams revealed that the recently established Uniswap Foundation (an organization that oversees the development of the DEX) will give at least $60 million in grants to community projects over the next few years. The native cryptocurrency of Uniswap Labs - UNI - reacted positively to the news with an immediate price increase of 6%. Similar to numerous other digital assets, though, it is in red compared to the figures 24 hours ago. UNIUSD. Source: TradingView The Past Several Months for Uniswap Earlier this year, the leading decentralized exchange surpassed a lifetime cumulative trading volume of $1 trillion. The entity outlined ... read More

ApeCoin Crashes 7% Following SEC Probe Against Yuga Labs

    ApeCoin (APE) is trending to the downside as the U.S. Securities and Exchange Commission (SEC) announces an investigation against its parent company, Yuga Labs. The creators of popular non-fungible token (NFT) collections, including Bored Ape Yacht Club (BAYC), the regulator will look into a potential violation of their securities laws.  According to a report from Bloomberg, the Commission will investigate the “affinity” of the digital assets minted and promoted by Yuga Labs and the possibility that these NFTs are “more akin to stocks”. This would place the crypto company in an alleged violation of U.S. federal law. The report quotes a source familiar with the matter, this individual also claims that the investigation will extend to ApeCoin, the native token that supports ApeCoin DAO governance model offering its users access to a staking mechanism. Via this token, holders can make decisions related to the project. APE was launched as part of an initiative to provide BAYC investors with more voice and power over the project via the ApeCoin DAO. Via social media, many users are expressing concern about the future of the DAO and its staking mechanism leading to the crash in the price of the token. In a statement to Bloomberg, a representative for Yuga Labs stated: It’s well-known that policymakers and regulators have sought to learn more about the novel world of web3. We hope to partner with the rest of the industry and regulators to define a... read More

Dapper Labs Halted Servicing Russians Following Latest EU Sanctions

    The blockchain-based gaming company - Dapper Labs - stopped servicing all accounts with connections to Russia, but they are still able to access and view their non-fungible tokens (NFTs). The move comes as a result of the latest sanctions that the European Union imposed on Russia due to the ongoing military conflict with Ukraine. 'Consistent With EU Law' A few days ago, the European Union slammed Russia with its eighth package of sanctions for its aggression against Ukraine. They include numerous restrictions, including export bans and outlawing all cryptocurrency transactions between Russians and European wallet providers. 'The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services, irrespective of the amount of the wallet,' the European Commission stated. Shortly after, the Canadian-based blockchain company - Dapper Labs - hit Russians with similar constraints. It suspended those users from selling, buying, or gifting any of its digital collectibles (known as 'Moments') across all Dapper Sports. Withdrawals and balance purchases are also unavailable. 'Our payment processing and stored value service partner is subject to EU regulations and has directed us to take action on all accounts held by those impacted by the October 6 restrictions, consistent with EU law,' the entity explained. Nonetheless, Dapper Labs did not terminate the accounts as Russian customers can access their NFTs, while previously purch... read More

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sancti...

    Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities.NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators of the Flow blockchain network and projects like Cryptokitties and NBA Top Shot, has complied with the new restrictive measures adopted by the European Union in response to Russia's military intervention in Ukraine. The eighth package of EU sanctions was approved by Brussels on Thursday, Oct. 6, after the latest escalation of the conflict with Russia announcing partial mobilization and taking steps to annex four Ukrainian regions through what the bloc sees as fake referendums. The penalties, targeting the Russian economy, government and foreign trade, also feature financial measures affecting the business activities of crypto companies. The latter have been prohibited from providing any wallet, account, or custody services to Russian nationals. The restrictions apply regardless of the amount of digital assets, tightening the regime in comparison with the fifth round of sanctions imposed earlier this year, when only 'high-value' crypto-asset services were banned, those for crypto holdings exceeding €10,000 ($11,000 at the time). Russian Users to Keep NFTs Bought Before Ban and Have Access to Their ... read More

Dapper Labs and Spanish Soccer League Laliga Launch Memorable Moments NF...

    Laliga, the premier soccer league organization in Spain, has announced the launch date of Laliga Golazos, a memorable moment NFT (non-fungible token) platform. The platform, built in partnership with Dapper Labs, will allow users to purchase NFTs with videos of the most memorable goals starting from 2005 to the present. Spanish Laliga Launches Laliga Golazos Laliga, the premier soccer league in Spain, is entering the world of digital collectibles. The company recently announced the launch of its own NFT platform, Laliga Golazos. The service, launched in partnership with NBA Top Shots developer Dapper Labs, aims to connect fans with some of the most iconic moments in Spanish soccer. Laliga Golazos aims to deliver videos of the most spectacular moments and games of the league, starting from 2005 to the present. The name Golazos comes from the word 'gol,' Spanish for goal, referring to the best scoring moments in the history of the league. These NFTs will allow users to view several angles of some of the games, listening to the official play-by-play narration. According to a press release, moments will include 'amazing dribbles and skills, extraordinary assists, incredible saves, great defensive actions, and the goals millions of fans around the world celebrate.' Each one of these moments will have a grade of rarity, with rarer moments seeing less issuance than others, and will be issued on top of the Flow blockchain, which is said to be optimized for this kind of application. A... read More

Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council

    The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with 'a proven track record' to represent the NFT club at large.Yuga Labs Names Seven Community Council Members On Wednesday, Yuga Labs announced that the team has created a community council of seven Apes in order to represent the entire BAYC and MAYC ecosystem. According to the announcement, the community council will be able to nominate three community projects every month, and BAYC and MAYC communities will then vote on which project will get a grant from Yuga Labs. Projects can get 10 ether or roughly $15,000 worth of the second-leading crypto asset by market capitalization. The seven new community council members include Josh Ong, Sera, Laura Rod, 0xEthan, 0xWave, Negi, and Peter Fang. 'The council will work with Yuga and the BAYC/MAYC community to uplift community-driven initiatives such as commercial projects, meet-ups, charitable giving, and other community-led ideas,' Yuga Labs' announcement details. Yuga Labs says the council members were chosen for their prior track records toward community-led initiatives and building. The news follows Yuga Labs officially releasing intellectual property (IP) rights to Cryptopunks and Meebits owners. The company had already released BAYC/MAYC IP rights to the owners of those specific NF... read More

Talent Protocol Supports the Next Generation of Builders Through the Acq...

    [PRESS RELEASE - Lisbon, Portugal, 5th October 2022] Talent Protocol, the web3 professional community for high-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators to build and scale their communities. The acquisition will not only integrate Agora’s tech stack and community into Talent Protocol, but also onboard its young talented founders, Matthew Espinoza (CEO) and Freeman (CTO) into the team. Despite being only a year old, Talent Protocol saw this acquisition opportunity as another way of working towards its mission of supporting the builders of tomorrow. The startup - founded by Pedro Oliveira, Filipe Macedo and Andreas Vilela - has been actively enabling ways of empowering talented tech professionals who have an entrepreneurial mindset and are curious to explore web3. “Agora Labs’ mission and team fits perfectly with what we are building in Talent Protocol. In a very short time, Agora’s talented team has created tools and infrastructure that serve several of the needs of tokenized creators and that is something we found truly remarkable and relevant for our own community”, Pedro Oliveira, co-founder and CEO of Talent Protocol, explains. “Talent Protocol and Agora Labs’ paths crossed earlier this year and when we saw the opportunity to join efforts, we took it,” he adds. Agora Labs was founded in 2021 by Matthew Espinoza, Freeman Zhang, Jerry Di and Charles Nyabeze, all tee... read More

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