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Associated Press
06-07-2025
- Business
- Associated Press
Lightchain AI Launches Final Bonus Round After Completing 15 Presale Stages and Raising $20.9M
SHREWSBURY, United Kingdom, July 06, 2025 (GLOBE NEWSWIRE) -- Lightchain AI, a next-generation decentralized AI infrastructure project, has officially entered its Final Bonus Round, following the successful completion of all 15 presale stages and raising $20.9 million in token sales. This milestone reflects strong market confidence and positions the project ahead of its anticipated mainnet launch in July 2025. The Bonus Round offers tokens at a fixed price of $0.007125, presenting a final opportunity for early participants to acquire LCAI before the transition to public trading. This phase also coincides with new ecosystem developments, including a grant initiative and upcoming developer onboarding tools. Presale Completion Signals Market Momentum Lightchain AI 's presale, which was structured across 15 progressive funding stages, reached its hard cap target with broad support from retail and strategic contributors. The structured approach ensured measured token distribution and early ecosystem growth while minimizing volatility. The platform's architecture is designed to power decentralized artificial intelligence through the Artificial Intelligence Virtual Machine (AIVM) and a proprietary Proof-of-Intelligence (PoI) consensus model. This model rewards validator nodes for completing valuable AI computations, creating a sustainable framework for network participation and data processing. Ecosystem Tools and Grants Rolling Out Following the presale, Lightchain AI is expanding its Developer Portal, which provides SDKs, APIs, and comprehensive technical documentation to enable builders to launch and scale AI-powered decentralized applications. In parallel, a $150,000 grant pool has been allocated to fund early-stage projects contributing to the Lightchain ecosystem. In a move to further promote decentralization and developer alignment, the originally designated 5% Team Allocation has been reallocated toward ecosystem growth, community incentives, and validator support. Public GitHub repositories are scheduled to go live alongside the mainnet launch to promote transparent and collaborative development. Bonus Round to Close Ahead of Mainnet With the Bonus Round now live, Lightchain AI is finalizing preparations for mainnet deployment. The round will remain open for a limited time, offering fixed pricing and early access benefits for participants, including governance opportunities, developer incentives, and validator onboarding. 'Completing 15 stages and entering the Bonus Round represents a major leap forward for Lightchain AI,' said a project spokesperson. 'We are focused on delivering a scalable and intelligent blockchain infrastructure, and this final phase allows the community to grow with us as we approach launch.' Key Dates & Participation Info Learn More or Join the Bonus Round Whitepaper Twitter/X Telegram Contact: SHAJAN SKARIA [email protected] Disclaimer: This content is provided by Lightchain statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at:
Business Upturn
05-07-2025
- Business
- Business Upturn
Countdown to Launch: Lightchain AI Begins Final Presale Phase
By GlobeNewswire Published on July 4, 2025, 23:17 IST SHREWSBURY, United Kingdom, July 04, 2025 (GLOBE NEWSWIRE) — Lightchain AI , a next-generation blockchain infrastructure platform designed for decentralized artificial intelligence, has announced the start of its Final Bonus Round, following the successful close of its structured presale which raised $21.1 million. This final round offers LCAI tokens at a fixed price of $0.007125, providing early supporters and new contributors a last opportunity to participate before the upcoming mainnet launch in July 2025. The structured presale, which included 15 stages and attracted a wide base of early supporters, has helped Lightchain AI build strong traction heading into its network deployment phase. Milestone Reflects Growing Confidence in On-Chain AI Infrastructure Lightchain AI 's architecture is centered around its proprietary Artificial Intelligence Virtual Machine (AIVM) and Proof-of-Intelligence (PoI) consensus. These technologies allow AI workloads to be executed directly on-chain while maintaining decentralization, transparency, and efficiency. The platform's consensus mechanism rewards validators for completing meaningful AI computational tasks—transforming network security into a driver for decentralized intelligence. The funds raised have been strategically allocated to validator onboarding, ecosystem tools, infrastructure expansion, and grant programs. The team also removed the previously reserved 5% Team Allocation, redirecting it toward builder incentives and network growth to maintain decentralization and transparency. Developer Ecosystem and Validator Activity Expanding The Lightchain Developer Portal is now live, providing access to SDKs, APIs, and documentation for developers building AI-integrated dApps. A $150,000 grant program is underway to support early builders and technical contributors. The platform's staking mechanism is fully deployed, enabling validators to simulate reward mechanisms as they prepare for the full network rollout. Additionally, Lightchain AI has begun opening access to its public GitHub repositories, ensuring that development efforts remain open and verifiable by the community. Final Phase Opens Ahead of Mainnet Li ghtchain AI's Bonus Round comes with fixed pricing and access to ecosystem incentives and governance tools. It also provides contributors early entry into validator opportunities and token-based rewards structures designed to support long-term network alignment. 'Crossing $21 million raised is an important validation of our technology and community-first approach,' said a Lightchain AI spokesperson. 'This final round is about more than tokens—it's about expanding our ecosystem and empowering builders as we head toward mainnet.' Key Launch Milestones Ahead Mainnet Launch – July 2025 – July 2025 Developer Grant Applications – Opening Q3 2025 – Opening Q3 2025 Validator Participation – Ongoing – Ongoing Public GitHub Access – Rolling release through Q3 To Learn More or Join the Final Bonus Round Website: Telegram: Contact:SHAJAN SKARIA [email protected] Disclaimer : This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Time of India
15-06-2025
- Business
- Time of India
New free Aadhaar update deadline: UIDAI extends last date for free online update; check details
Representative image NEW DELHI: The Unique Identification Authority of India ( UIDAI ) has announced a one-year extension of deadline for complimentary online Aadhaar updates. The initiative, deadline for which is now extended to June 14, 2026, enables citizens to upload documents without cost via the myAadhaar portal, benefiting numerous Aadhaar holders nationwide who wish to maintain current records. The UIDAI social media post on X said, "UIDAI extends free online document upload facility till 14th June 2026; to benefit millions of Aadhaar Number Holders. This free service is available only on myAadhaar portal. UIDAI has been encouraging people to keep documents updated in their Aadhaar." UIDAI facilitates online updates of Proof of Identity (PoI) and Proof of Address (PoA) documents to maintain database accuracy. This service particularly assists individuals requiring changes due to personal circumstances. Previously, this service cost Rs 50, while physical centre updates still remain chargeable. UIDAI has temporarily removed online charges to encourage document maintenance until the specified deadline. UIDAI advises updates for holders with decade-old Aadhaar cards and those with altered personal details. For mobile number, email, biometric or photo updates, visits to Aadhaar Enrollment/Update Centres remain necessary, with applicable charges. Meanwhile, the complimentary document update service remains available through myAadhaar portal until June 14, 2026, after which standard charges may resume. Online update instructions: Access the myAadhaar portal and authenticate with your Aadhaar number and OTP Review profile details Verify the displayed information Choose an identity document Upload the identity document (under 2 MB; JPEG, PNG, or PDF) Select an address document Upload the address document (under 2 MB; JPEG, PNG, or PDF) Provide consent Download the acknowledgement upon completion Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
02-06-2025
- General
- Time of India
Free Aadhaar updates available only until June 14: All you need to know
Aadhaar cardholders have until June 14, 2025, to update their identity and address documents online for free, the Unique Identification Authority of India ( UIDAI ) has announced. After this date, any updates will require a visit to an Aadhaar Enrolment Centre and attract a fee of Rs 50. As per UIDAI rules, Aadhaar holders must update their Proof of Identity (PoI) and Proof of Address (PoA) every 10 years from the date of enrolment to keep their records accurate. How to update for free (online) 1. Visit the official UIDAI website and go to the myAadhaar portal. 2. Log in using your 12-digit Aadhaar number and the captcha code. 3. You will get an OTP on your registered mobile number to verify your identity. 4. After logging in, check your existing Proof of Identity (PoI) and Proof of Address (PoA) documents. 5. If you need to update them, click on the 'Document Update' option. 6. Select the documents you want to update from the menu and upload clear scanned copies. 7. Make sure the files are in JPEG, PNG, or PDF format and under 2MB. 8. Review your details, submit the update request, and note down the Service Request Number (SRN) to track your update status. What documents to submit? Proof of Identity and Address: Ration Card, Voter ID, Government-issued ID with address, Indian Passport Proof of Identity only: PAN Card, Driving License, School Marksheet or Leaving Certificate with photo, Government-issued ID without address Proof of Address only: Recent Electricity, Water, or Gas bills (last 3 months), Bank or Post Office Passbook, Rent/Lease agreement How to submit documents and in what format? Upload documents online via the myAadhaar portal or visit any Aadhaar centre in person. Accepted file formats: JPEG, PNG, PDF (max size 2MB each). For biometric updates (photo, fingerprints), you must visit an Aadhaar Enrolment Centre Miss the deadline? Post-June 14, all document updates must be done offline at an Aadhaar Centre, and a fee will apply. Delays may cause issues in services that require up-to-date Aadhaar data. Stay updated, and complete your free online update before June 14 to avoid future hassles and charges.
India Today
23-05-2025
- India Today
Aadhaar free update deadline on June 14: Here is how to change Aadhaar details online for free
Do you want to update your Aadhaar details? Well, you can do it for free online until 14 June. The free Aadhaar update service was announced by the Unique Identification Authority of India (UIDAI) last year, allowing users to avoid the usual Rs 50 fee and skip the queues at physical centres. It has been extended multiple times, but as of now, the deadline is set for 14 to the Aadhaar Enrolment and Update Regulations, 2016, cardholders must update their Proof of Identity (PoI) and Proof of Address (PoA) every 10 years from the date of enrolment. Regular updates ensure that the information on the Aadhaar remains relevant and matches current to update your Aadhaar regularly may lead to issues when availing of government subsidies, opening bank accounts, or completing other essential KYC processes. Additionally, regular updates to Aadhaar information also help government authorities maintain accuracy in the demographic database and prevent misuse, scams, or outdated information from causing delays or denials in accessing public can be updated online While UIDAI is offering a free Aadhaar update service, it is available only for certain Aadhaar information. The UIDAI currently allows individuals to update specific demographic details online via the myAadhaar portal. This includes:Name (minor changes)Date of birth (with certain restrictions)AddressGenderLanguage preferencesNo biometric information changes onlineadvertisementHowever, if you wish to update biometric details such as your photograph, fingerprints, or iris scans, this can only be done at a physical Aadhaar Enrolment Centre. This is because biometric details require verification and only the centres have the necessary equipment to do to update Aadhaar details online for freeTo update your demographic details for free before the 14 June deadline, here's a step-by-step guide:– Visit the official portal: Go to using your web browser.– Log in: Click on the blue 'Login' button. Enter your 12-digit Aadhaar number and the CAPTCHA code. You will receive a one-time password (OTP) on your registered mobile number. Enter it to access your profile.– Document update: Once logged in, click on 'Document Update' in the top-right section of the page. This is where you'll verify and update your existing Proof of Identity and Proof of Address.– Upload documents: Select the appropriate document types from the dropdown menu and upload scanned copies. Ensure the files are in JPEG, PNG, or PDF format and under 2MB in size.– Review and submit: Review all the information before submitting your documents. You will receive a Service Request Number (SRN), which you can use to track the status of your update.
