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Projects will showcase across four Realms: Culture & Community, Decentralized Finance, Gaming and Etherlink at the iconic CHIJMES Hall. The event will be held at a restored early Gothic style 19th Century chapel that is now a national monument. Tezos Realm will be headlined by renowned DJ Agoria aka Sébastien Devaud , a longtime Tezos ecosystem member passionate about biological generative art whose work has been displayed at the likes of Musée d'Orsay. Visitors can experience interactive activities such as earning free tortilla chips and dips every time the Dips Dollar Cost Averaging (DDCA) simulation capitalizes on market dips at the Renora showcase, play OCV Lab's emoji matching game and mint their score on the blockchain, get their Tezos Realm Proof of Attendance with the decentralized proof of identity application YourD, and more. SINGAPORE, Sept. 16, 2024 /PRNewswire/ -- The Tezos blockchain will be in the spotlight during TOKEN2049 week with Web3 ecosystem builder TZ APAC hosting Tezos Realm at the iconic CHIJMES Hall. Held on 18 September from 6.30pm onwards, the event will showcase 15 innovative projects building on Tezos, a pioneering Layer 1 Proof-of-Stake blockchain, and Etherlink, an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups. Tezos Realm will feature four dedicated ‘Realms’ designed to help visitors experience the real-world innovation coming out of the Tezos and Etherlink ecosystems. Tezos Realm will feature four dedicated 'Realms' designed to help visitors experience the real-world innovation coming out of the Tezos and Etherlink ecosystems. In the Etherlink Realm, visitors will be able to participate in a hands-on demo of the Kredete app to understand how the platform helps African immigrants in the diaspora send money back home instantly with low fees, while also helping users build credit through the utilization of blockchain technology. Other showcases in the Etherlink Realm include UHT (a platform gamifying good healthy practices), Questflow (an orchestration layer of multi-agent economy that turns users' intents into multi-agent actions), TaskOn (a Web3 Community Growth Platform) and YourD (a Web 3.0 RegTech infrastructure provider offering data management, login, and crypto payment solutions). Gaming enthusiasts can look forward to interactive experiences at the Gaming Realm, such as minting their first NFT while playing BattleRise. Ladder Protocol (a decentralized AMM protocol that provides instant liquidity for a range of NFTs) will also showcase at the Gaming Realm. Over at the DeFi Realm, Renora will run a simulation of how Dips Dollar Cost Averaging (DDCA) helps in capitalizing on market dips. Visitors can experience the exhilaration of market dips and enjoy chips with dips as they experience the DDCA simulation. Renora will showcase alongside up-and-coming DeFi applications SuperLend and Hanji. Visitors will be treated to a variety of immersive experiences at the Culture & Community Realm, meeting the people behind the top decentralized applications (dApps) used by creatives such as Objkt, Tesserart, akaSwap and OnChainVision Labs. They will also get a fresh headshot and join the movement to empower women at the forefront of art, tech and culture at the World of Women (WoW) showcase. At the heart of the space will be a Tezos X showcase that will take visitors through the vision for the future of Tezos. Of the 15 projects showcasing, seven were a part of this year's Fortify Labs by TZ APAC cohort that serves to empower projects building on Tezos and Etherlink to become market-ready and commercially successful Web3 companies. They include akaSwap, OnChainVision Labs, Renora, Questflow, TaskOn, YourD and Ladder. Visitors' journeys through the Realms can be likened to an in-person version of how Web3 questing and community rewards programs are done. Upon entry, visitors will receive a stamp rally card that they will take with them as they visit the showcases. An ink stamp will be made on the stamp rally cards for every interaction or "mission" a visitor makes with a project. With at least 5 stamps on the stamp rally card, visitors can unlock exclusive merchandise "airdrops" such as a Tezos Realm t-shirt and a Tezos travel gadget bag. This physical experience will then transition on chain after the event, where visitors can continue exploring the projects through Season 3 of TZ Apex, a Community Rewards Program by TZ APAC. Season 3 of TZ Apex also functions as the platform for virtual visitors—those unable to attend the onsite event in Singapore—to experience the vibrancy of the Tezos ecosystem. Through online quests, virtual visitors will be able to interact with projects showcasing on Tezos Realm and earn rewards simultaneously. Renowned artist and trailblazer in the Web3 digital art world DJ Agoria will headline Tezos Realm. He is a prominent figure in the international electronic music scene and has made waves by presenting works at Musée d'Orsay surrounding biological generative art, which refers to the creation of works using algorithms, artificial intelligence and data from the living world. His creative practice combines art, music, the Metaverse and science, with the aim of bringing the living world into the "blockchain". Warming up the stage are two talented Singaporean DJs: Amanda Chuin, known for her uncanny ability to read the crowd and adjust the music to match the room's energy, and KRSTN, who brings an eclectic mix ranging from afro beats to baile funk, and hip hop to downtempo. David Tng, Managing Director at TZ APAC, said: "The objective of Tezos Realm is to celebrate the community and innovation that resides across the different verticals within the Tezos ecosystem. We would like to give all web3 or web3-curious attendees a glimpse of the real-world applications by developers, builders and participants in the Tezos and Etherlink ecosystems. Whether you are an artist new to Web3, a cryptography enthusiast, or an aspiring builder who is interested in Arts, DeFi or Gaming, there will be something compelling on display for everyone." Tezos Realm will be held at the iconic CHIJMES Hall, a restored early Gothic style 19th Century chapel that is now a national monument. The venue is accessible from the main TOKEN2049 conference venue through public transport and taxi. The event will be one of many Tezos ecosystem activities held during TOKEN2049 week, a full list of which can be accessed through this article. Visitors can sign up for Tezos Realm on the official event Luma page, while members of the media can sign up through the media registration link. About Tezos Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient Proof-of-Stake blockchain with a proven track record, Tezos seamlessly adopts tomorrow's innovations without network disruptions today. For more information, please visit www.tezos.com. About Etherlink Etherlink is an EVM-compatible Layer 2 blockchain powered by Tezos Smart Rollups. It's permissionless, inherits Tezos Layer 1 security, and features a decentralized governance model, fraud proofs, and censorship resistance. It's fast, fair and (nearly) free with extremely low transaction costs, and features MEV protection by design. About TZ APAC TZ APAC is a web3 ecosystem builder empowering founders, creators, developers and institution leaders to thrive. With dedicated teams across Asia, TZ APAC is hyper-local at heart with a mission to nurture the next generation of DeFi, Gaming and Culture & Community champions in the region. TZ APAC's commitment to building a strong network of Web3 startups, grassroot communities and global organizations is accelerating Tezos as the blockchain of choice in Asia. TZ APAC is supported by the Tezos Foundation and is headquartered in Singapore.
SINGAPORE, Sept. 13, 2024 /PRNewswire/ -- HTX Ventures, the global investment division of HTX, today released its latest research analysing Bitcoin's potential and challenges in the field of Bitcoin decentralized finance (BTCFI). The report, titled Exploring the BTCFI Rabbit Hole from the Perspective of Bitcoin's Programmability, aims to help readers understand the BTCFI sector better, by exploring the evolutionary path of Bitcoin programming, delving into how Bitcoin programming can support various BTCFI applications, showcasing the current real-world BTCFI implementation scenarios, and explaining the underlying logic of BTCFI's future growth and adoption. HTX Ventures has been contributing to BTCFI for a long time. As stated in its 2024 Half-Year Investment Report, BTCFI is highlighted as one of HTX Ventures' six key investment directions in 2024. Some of HTX Ventures' portfolio companies in the BTCFI sector include Babylon, BounceBit, COREx, and more. The new report once again shows HTX Ventures' interest in BTCFI. It begins with the foundations of the Bitcoin contracts, which were laid fourteen years ago by Satoshi. Understanding the basics of Bitcoin programming involves several concepts, including Transaction Outputs (TXO), Unspent Transaction Output (UTXO), scriptSig, and Opcodes. "Bitcoin script programming is about programming money and enabling a specific amount of money to respond to particular input data. By designing the scriptPubKey, opcodes, and the interaction process between users, we can offer cryptographic guarantees for the key state transitions of Bitcoin contracts, ensuring the contracts' proper execution," the report points out. There are some mechanisms to be used to enable the implementation of different types of transactions, including MultiSig, Timelocks, Hashlocks, Flow Control, and SIGHASH. The report explains, "the basic model of Bitcoin programming is where UTXO locking scripts specify verification conditions, unlocking scripts provide data, and opcodes in locking scripts indicate the verification program. The funds can be spent once the verification program is passed." There are some core limitations, however, such as only a few verification programs being available, Bitcoin scripts having no computational power, and UTXO unlocking conditions being completely independent. Unlike the computation-based Ethereum contracts, Bitcoin contracts are verification-based, which has brought many challenges in developing BTCFI products. Despite the difficulties, "over the ten years of developing Bitcoin contracts, the ingenious use of cryptographic algorithms and signatures has significantly enhanced privacy, efficiency, and decentralization, making BTCFI products possible," the report states, and starts introducing Bitcoin programming milestones. Innovative tools, such as the Discreet Log Contract (DLC), Partially Signed Bitcoin Transactions (PSBT), and MuSig2 bring new solutions to the problems in Bitcoin programming, driving the development of BTCFI. The Taproot upgrade activated in November 2021 was revolutionary for the Bitcoin ecosystem, allowing Bitcoin to hold in custody large-scale smart contracts with tens of thousands of signatories while concealing all participants and maintaining the size of a single-signature transaction. This makes more complex on-chain BTCFI operations possible and significantly improves privacy and transaction efficiency. Such technological innovations pave the way for BTCFI's further development. Then in January 2023, Ordinals were proposed, which aimed to assign each sat a unique identifier and attribute, so as to transform it into a unique NFT. The creation and trading of Bitcoin NFTs were realized, not only expanding the uses of Bitcoin but also allowing users to directly create and trade digital assets on the Bitcoin blockchain. This led to the introduction of BRC-20, a token system for on-chain recording and off-chain processing that uses JSON data's ordinal inscriptions to deploy token contracts, mint tokens, and transfer them. The naissance of Ordinals and BRC-20 created trading demand and blue-chip assets for BTCFI. More importantly, they offered many BTCFI projects new ideas based on indexer programming that enhanced Bitcoin's contract capabilities. Bitcoin's programmability has come a long way and made great progress, forming a thriving BTCFI ecosystem with more and more application scenarios of BTCFI arising. The report lastly lists some notable BTCFI implementations, including BTC staking provider Babylon, asset issuance platforms Unisat and Magic Eden, lending protocol Liquidium, BTCFI scaling solution Fractal Bitcoin, and more. The emergence of BTCFI applications indicates that its market potential is becoming evident. With Bitcoin becoming more and more mainstream, the market demand for BTCFI use cases will also increase, fostering a new financial ecosystem centered around Bitcoin. "The formation of this ecosystem will propel Bitcoin further beyond the 'digital gold' narrative, establishing it as an indispensable decentralized financial infrastructure in the global economic system," the report concludes. To read the full report, please visit: https://square.htx.com/htx-ventures-exploring-the-btcfi-rabbit-hole-from-the-perspective-of-bitcoins-programmability/ About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here. Feel free to contact us for investment and collaboration at VC@htx-inc.com
SINGAPORE, Sept. 11, 2024 /PRNewswire/ -- HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BSX Exchange, a decentralized, non-custodial central limit order book (CLOB) perpetual decentralized exchange built on Base. Since its launch in April, BSX has facilitated over $4.5 billion in trading volume and recently surpassed $1.3 million in revenue. Its current offerings include both spot and derivative trading. With the recent $4 million seed-round funding, BSX plans to expand its product line further. The platform boasts a highly performant trading engine with 10ms latency and 1000x leverage. In the coming months, BSX aims to launch several new projects, including a spot aggregator, earning products, and staking products. Additionally, the company plans to introduce a Layer 3 network on Base to optimize the on-chain BSX order book. Looking ahead, BSX also intends to release its own trading game on Telegram and an exclusive NFT collection to attract new users to both Base and BSX. "BSX operates on top of the Base ecosystem, leveraging its 110 million globally verified users. By providing a strong liquidity foundation for this ecosystem, BSX is poised for significant success," commented Edward, Managing Partner at HTX Ventures. "BSX serves a large traditional finance customer base, and at HTX Ventures, we are excited to support this Web3 onboarding journey." "We're focused on building a key lego block in the DeFi ecosystem. By launching on Coinbase's Base L2 we are a key beneficiary of Coinbase's massive user base moving on-chain to Base and then to DeFi applications. Our vision is to build a consolidated platform including BSX Trade, BSX Earn, and BSX 1000." Said BSX Team. About BSX BSX is a decentralized derivatives trading platform built on Base. BSX offers perpetuals trading at 1000x leverage and also a spot market. The firm is backed by Blockchain Capital and the Base Ecosystem Fund and is advised by Athur Hayes. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here. Feel free to contact us for investment and collaboration at VC@htx-inc.com
網石旗下《我獨自升級：ARISE》是第一款加入Netmarble創作者夥伴PLUS M的遊戲，未來將有更多遊戲逐步加入該計劃。 區塊鏈遊戲公司MARBLEX宣布，自9月10日起已開始為Netmarble創作者夥伴PLUS M計畫招募內容創作者。 Netmarble創作者夥伴PLUS M是運用MARBLEX智慧型合約技術的全球計劃，旨在激勵創作者和玩家共同成長。第一款加入Netmarble創作者夥伴PLUS M的遊戲是網石旗下的《我獨自升級：ARISE》，這是一款改編自熱門網路漫畫《我獨自升級》的動作遊戲。MARBLEX預計將逐步擴大該計劃，以運用在更多的遊戲和專案上。 所有活躍在YouTube或其他社交媒體平台，例如X(Twitter)、Telegram和Reddit上的創作者均可加入該計劃，沒有最低參與要求。任何遊戲愛好者都可以透過網站申請參加Netmarble創作者夥伴PLUS M。 MARBLEX目前正在舉辦一場特別活動來慶祝新計劃的推出，無論參與者等級為何，均提供所有人2%的額外獎勵。有關該活動的詳細資訊可前往此處查看，使用者亦可從官方網站了解關於該計劃代幣經濟的更多資訊。 此外，MARBLEX在最近舉辦的「2024韓國區塊鏈週」上宣布即將發行Koongya NFT。深受青少年與20多歲粉絲喜愛的角色IP、由MARBLEX與「Koongya Restaurantz」合作的Koongya NFT將於10月推出。 MARBLEX為網石集團(Netmarble Corporation)旗下的區塊鏈子公司。網石獨有的該區塊鏈生態系統將逐步更新，應用至即將推出的遊戲中。
在全球關鍵市場擴大影響力，開創體育與金融新領域 新加坡, Sept. 10, 2024 (GLOBE NEWSWIRE) -- 金融經紀行業的全球領導者 EBC Financial Group (EBC)，繼續加強與世界最具代表性的綜合體育俱樂部之一 FC Barcelona 長達 3 年半的策略合作夥伴關係。 此次合作始於 2024 年 4 月，不僅提升了 EBC 的全球影響力，亦標誌著金融與體育結合的重要里程。 EBC Financial Group 於西甲聯賽上亮相，彰顯這場合作夥伴關係的實力。 作為 FC Barcelona 在亞太地區、拉丁美洲、中東和非洲的官方合作夥伴，EBC 最近於大中華地區轉播的西甲聯賽中出現在顯眼位置，接觸到中國數以百萬計的足球迷。 此次宣傳不僅提升了 EBC 的品牌知名度，亦強化了 EBC 與 FC Barcelona 之間的共同價值和目標。 體育合作夥伴關係的演變金融機構與運動團隊之間的協同作用並非新鮮事，而且多年來已經歷重大演變。 過往單純的贊助模式，現已轉變為充滿活力的合作夥伴關係，雙方在品牌推廣、市場拓展和社區參與方面均會積極合作。 對於 EBC Financial Group 等金融機構而言，足球提供了一個無與倫比的平台，可以與全球不同的觀眾建立聯繫，發掘體育運動所激發的熱情和忠實情懷。 FC Barcelona 歷史悠久，球迷遍佈全球，它所代表的不僅僅是一家足球俱樂部，而是體現了一套在全球引起共鳴的價值觀。 這些價值觀與 EBC 的原則完全一致，使雙方的合作夥伴關係完美契合。 憑藉 FC Barcelona 的全球影響力，EBC 對自身進行策略性定位，以深化在亞太地區、拉丁美洲、中東和非洲的市場佔有率。 金融與足球的協同作用：EBC-Barça 合作夥伴關係的策略重要性EBC Financial Group 與 FC Barcelona 之間的合作夥伴關係，展示了金融與體育如何聯手創造有意義的合作。 這兩家機構均致力追求卓越、紀律和創新，構成了超越傳統贊助的合作夥伴關係基礎。 對 EBC 而言，這次合作是一項策略性行動，有助提升品牌影響力，並在全球關鍵市場開闢新機遇。 透過與 FC Barcelona 這樣知名的俱樂部合作，EBC 與廣大參與其中的觀眾建立聯繫，提供機會向全球球迷推廣金融知識，並推出度身打造的金融產品。 此合作夥伴關係亦讓 EBC 能夠接觸到更年輕、更多元化的觀眾，使服務符合他們的興趣和需求。 另一方面，FC Barcelona 獲得一個擁有深厚金融知識並致力追求卓越的合作夥伴。 此合作夥伴關係支援 FC Barcelona 的全球擴張策略，確保其在球場內外都可持續走在足球界前沿。 EBC 與 FC Barcelona 攜手，為金融機構與運動團隊如何合作達成雙贏局面樹立了新標準。 規劃未來 42 個月：未來前景和長期願景展望未來，EBC 與 FC Barcelona 的合作夥伴關係有望進一步加強。 未來 3 年半內，雙方將繼續探索合作、創新和擴大接觸範圍的新機會。 EBC 致力保持其在西甲聯賽及其他地方的影響力，利用其平台推廣金融知識、支持社區倡議，並提高品牌知名度。 此合作夥伴關係反映雙方追求卓越與創新的共同承諾，使 EBC 與 FC Barcelona 都能持續取得成功。 隨著雙方持續協調目標，並善用彼此優勢，這項合作將在塑造金融和體育界未來方面發揮重要無比的作用。 關於 EBC Financial GroupEBC Financial Group (EBC) 在備受矚目的倫敦金融區成立，是一家集金融券商、資產管理及綜合性投資解決方案等服務為一體的著名金融集團。 透過策略佈局，EBC 的業務遍及各個著名的金融中心，在倫敦、雪梨、香港、東京、新加坡、開曼群島、曼谷、利馬索爾等地均設有辦事處；滿足全球個人投資者、專業投資者及機構投資者及各類客戶的需求。 EBC 曾屢獲殊榮，一直遵守最高道德標準及國際法規，並以此引以為豪。 EBC Financial Group (UK) Limited 受英國金融行為監管局 (FCA) 監管，EBC Financial Group (Australia) Pty Ltd 受澳洲證券與投資委員會 (ASIC) 監管，EBC Financial Group (Cayman) Limited 受開曼群島金融管理局 (CIMA) 監管。 EBC Group 核心團隊由經驗豐富的專業人士組成，他們擁有在主要金融機構工作逾 30 年的深厚經驗，經歷及安然步過多個重大經濟週期，時間跨越廣場協議至 2015 年的瑞士法郎危機。 EBC 所擁護的企業文化將誠信、尊重和客戶資產安全置於首位，確保以最高級別的審慎態度來對待每一位投資者的參與。 EBC 是 FC Barcelona 的指定外匯合作夥伴，為亞洲、拉丁美洲、中東、非洲和大洋洲等地區提供專業服務。 EBC 亦是聯合國基金會旗下聯合對抗瘧疾運動的合作夥伴，致力改善全球健康狀況。 自 2024 年 2 月起，EBC 支持牛津大學經濟學系的「經濟學家做了些甚麼」公共參與系列，旨在揭開經濟學的神秘面紗，展示其應用於重大社會挑戰的作用，從而增進公眾對經濟學的理解和對話。 https://www.ebc.com/ 關於 FC BarcelonaFC Barcelona 被認為是世界上最偉大的綜合體育俱樂部，2024 年將慶祝成立 125 週年。 它成立於 1899 年，由會員所擁有。 該俱樂部扎根於其命名城市巴塞隆拿，位於加泰羅尼亞境內，具有全球視野，在三個不同城市設有官方辦公室：巴塞隆拿、香港（負責亞太地區工作）和紐約（負責美洲工作）。 Barça 尋求透過卓越體育成就來改變世界，這讓它超越了單純玩樂的層面，進入到不同領域，例如透過 Barça Innovation Hub (BIHUB) 進入知識與創新領域；Barça Vision 結合 Web3、NFT 和元宇宙方案；Barça One 提供娛樂和即時串流內容；FC Barcelona Foundation 進行社會工作；以及 La Masia 青訓營進行訓練。 Barça 近年來的發展使其成為全球最受歡迎的機構之一，也是社交網絡中最受關注的機構之一。 傳媒聯絡人：Chyna Elvina全球公共關係（亞太地區）chyna.elvina@ebc.com Douglas Chew全球公共關係主管douglas.chew@ebc.com 此公告隨附的照片可在以下網址查看： https://www.globenewswire.com/NewsRoom/AttachmentNg/4099760d-fd48-4dcb-a9eb-715d3420848d/zh-Hant https://www.globenewswire.com/NewsRoom/AttachmentNg/f70e1082-b3c5-4d4f-b802-527d69b02c78/zh-Hant
The new rewards program will offer GNO holders four tiers of cashback rewards on Gnosis Pay transactions based on the amount of GNO that they hold within their Gnosis Pay Safe account LONDON, Sept. 5, 2024 /PRNewswire/ -- Gnosis, the architects of the fully EVM-compatible Layer-1 Gnosis Chain, announces the launch of an industry-leading rewards program designed to benefit GNO holders, accelerate the mainstream adoption of crypto payments, and generate further stakeholder engagement on the network. Following the recent approval of GIP-110 Snapshot (full GIP here), the GnosisDAO will create and fund a rewards program that will offer cashback to users of Gnosis Pay, the company building rails for the next generation of banking infrastructure. Gnosis Pay account holders who hold GNO in their Gnosis Pay Safe accounts and who satisfy the eligibility criteria set out in the GIP will receive cashback on purchases made with their Gnosis Pay Card, incentivising paying with crypto and rewarding GNO holders. Friederike Ernst, Co-Founder of Gnosis and Gnosis Pay, said, "We've been working hard to elevate and enhance Gnosis Pay to prepare its functionality for mass adoption. Building on last year's growth of Gnosis Chain, the rewards program will bootstrap user engagement without significant costs to the DAO. More importantly, it's also designed to attract new sticky users through a suite of products, with Gnosis Pay Card being the first. This is another step forward in realising the Gnosis 3.0 thesis, aimed at bridging the gap between blockchain technology and practical, everyday applications for the masses." To operate the rewards program, the GnosisDAO has allocated a pool of 10K GNO, offers the following four tiers of cashback to users who have GNO in their Gnosis Pay Safe account: ≥0.1 GNO: 1% ≥1 GNO: 2% ≥10 GNO: 3% ≥100 GNO: 4% Users' cashback percentage will scale between tiers but will be capped at 4%. For example, holding 5.5 GNO will earn a 2.5% cashback. There is also an extra 1% cashback available for holders of the Gnosis Pay OG NFT. Cashbacks are available on a maximum monthly spending limit of EUR 20K, USD 22K, and GBP 18K. Users do not need to do anything to claim the cashback as rewards will be automatically distributed weekly, five to twelve days after they make a card payment. The cashback percentage users receive will be calculated based on the minimum amount of GNO held in their Gnosis Pay Safe accounts during the seven days leading up to that payment. All rewards will be measured in the dollar value of the transaction before being distributed back to the user in GNO. The amount of GNO rewards that users receive will be based on the rate of the currency pair (USD/GNO) at the time of distribution. This process will be managed by karpatkey, leaders in Web3 treasury management who will be responsible for tracking, determining, and distributing the rewards to users. Alongside the launch of the rewards program, Gnosis Pay has also been working on key improvements to its UX, continuously evolving to support innovative Web3 technology and help enhance user experience. Set to be unveiled in the coming months, these new updates and features will boost Gnosis Pay's capabilities for mass adoption. Friederike Ernst, Co-Founder of Gnosis and Gnosis Pay is available for interviews About GnosisGnosis is developed by a world-class team of leading forces in blockchain and payments. The Gnosis Chain is architected with community ownership, resilience, and credible neutrality at its core. The highly decentralised network is secured by 200K+ validators and 2K+ nodes, across 70 countries and 5 continents. Website | X (Twitter) | Discord | Blog | Newsletter About Gnosis Pay Gnosis Pay is the world's first on-chain self-custodial checking account. Through the Gnosis Pay Card, a Visa® debit card connected to a self-custodial wallet, anyone can spend their crypto at any Visa accepting merchant locations. Powered by Gnosis Chain, Gnosis Pay's secure and open developer tools allow crypto wallets and global payment providers to easily offer their users their own in-house version of a non-custodial Visa Card and tap into the world of on-chain payments. This Visa card is issued to non-EEA residents by Monavate Limited and to EEA residents by UAB Monavate, in each case pursuant to its licence by VISA Europe Limited. Monavate Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 901097). UAB Monavate is authorised and regulated by the Bank of Lithuania as an Electronic Money Institution under the Republic of Lithuania Law on Electronic Money and Electronic Money Institutions for the issuing of electronic money (AC: LB002139). Website | X (Twitter)
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