Latest news with #TokenGenerationEvent
Associated Press
3 days ago
- Business
- Associated Press
CICADA Finance Successfully Completes Token Generation Event (TGE) on BNB Chain
New York, USA, June 27, 2025 (GLOBE NEWSWIRE) -- CICADA Finance has officially completed its Token Generation Event (TGE) on BNB Chain through a fair launch, marking a key milestone in the platform's mission to build sustainable, real yield infrastructure for the next generation of decentralized finance (DeFi). This event introduces CICADA's innovative approach to on-chain asset management and sets the stage for a new chapter in the evolution of DeFi. Building Infrastructure for the Next Growth Phase of DeFi CICADA Finance was established in response to structural limitations observed in the first era of crypto growth—dominated by speculative tokenomics, unsustainable incentives, and player-versus-player dynamics. As the industry shifts toward real-world value and utility, CICADA's platform is designed to serve as the foundational layer for Real Yield Assets (RYAs), Real World Assets (RWAs), and stablecoins. Through its Protocol Asset Management (PAM) system, CICADA provides the infrastructure necessary to curate, issue, and manage real yield assets directly on-chain. The platform supports transparent governance and composability, allowing rebase tokens to be used across lending, trading, and DeFi derivative applications. Core Innovations in the CICADA Ecosystem CICADA introduces several breakthrough mechanisms designed to empower users and promote sustainable growth: LT-RT Rebalance Mechanism: A dual-token system where users can choose between Liquid Tokens (LT) and Rebase Tokens (RT), offering flexibility between liquidity and yield with no lock-up periods. Fair Launch Model with Uncollateralized Leverage: Ensures broad access and equitable participation in early-stage token offerings while lowering entry barriers for retail users through uncollateralized participation. Real Yield Asset Focus: Yield is derived from actual economic activity such as trading fees, protocol strategies, and tokenized RWAs, moving DeFi away from inflationary models. On-Chain PAM Platform: A fully integrated framework for issuing and managing high-quality assets on-chain, enabling sustainable DeFi infrastructure across the stablecoin and RWA ecosystems. Next Steps and Ecosystem Expansion Following the TGE, CICADA Finance is preparing to roll out a series of Real Yield Assets (RYAs) through its PAM platform. These curated assets will form the foundation of a dynamic and composable yield strategy ecosystem, offering transparent access to sustainable returns. The platform also places strong emphasis on community-driven development. CICADA is building a decentralized governance structure to ensure users have an active role in decision-making. Through upcoming global AMAs, meetups, and educational campaigns, CICADA aims to foster a collaborative environment for developers, investors, and contributors. About CICADA Finance CICADA Finance is a decentralized platform on BNB Chain focused on building real yield infrastructure for the future of DeFi. Incubated by experienced professionals from both the crypto and traditional finance sectors, the project combines fair launch principles, uncollateralized leverage mechanisms, and its Protocol Asset Management (PAM) system to deliver transparent and sustainable investment opportunities. Media Contact Company Name: CICADA Finance Contact Person: Windy Yu Email: [email protected] Phone: +1 8562650920 Website: X (Twitter): @CicadaFinance Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly Windy Yu admin(at)
Business Insider
4 days ago
- Business
- Business Insider
Moonveil Confirms $MORE Token Generation Event on June 27 With Multiple CEX Listings
Grand Cayman, Cayman Islands, June 26th, 2025, Chainwire Layer 2 gaming chain Moonveil has announced the launch of the $MORE token, which is set to go live at 12 PM UTC on June 27, in a Token Generation Event (TGE). The rollout of the $MORE token will give the public an opportunity to acquire the native asset that will play a pivotal role in the expansion of Moonveil's gaming ecosystem. The $MORE launch on June 27 will be featured on Binance Alpha, followed by listings on a string of leading CEXs, allowing Moonveil's global user base of gamers to acquire the token. Exchanges confirmed to be listing $MORE include Gate, MEXC, Bitget, KuCoin, BingX and LBank. $MORE will power activity across the multi-layered ecosystem that Moonveil is developing. It supports seamless blockchain and gaming interactions while incentivizing community development and driving deep interoperability. Moonveil founder MJ said: 'The launch of the $MORE token builds upon everything we've been working on to date. It adds a powerful economic layer that will align incentives between game developers and players, supporting true interoperability and adding value to every onchain interaction. By anchoring user identity on Moonveil's L2 while remaining chain-agnostic at the application layer, $MORE is capable of going wherever the players are.' In addition to serving as the governance token of Moonveil's game-centric Layer 2, $MORE is the key to unlock seamless gaming experiences. Players can effortlessly handle transaction fees, purchase in-game items, and exchange assets, simplifying token management and ensuring an immersive gaming journey. The launch of the $MORE token arrives at a time when activity across the Moonveil ecosystem is heating up. A number of games have already been released including AstrArk, Bushwhack, Flaming Pets, Puffy 2048, Puffy Miner, and Puffy Match. The AstrArk Marching Test in late 2024 drew over 871,000 unique wallets, demonstrating strong user traction and clear product-market fit. On the infrastructure side, Moonveil's Layer 2 testnet has recorded 1.3 million unique wallet interactions. Powered by AggLayer integration and upcoming node operations, it's laying the foundation for a scalable, high-performance network optimized for gaming. The Moonveil community is also expanding rapidly, with over 1 million players engaged through its loyalty program and strong user adoption across Asia, South America, and the CIS region. The launch of the $MORE token will catalyze growth while unlocking new opportunities for global gamers. Moonveil is a full-stack Web3 gaming ecosystem that combines in-house/third-party products, publishing capabilities, and L2 infrastructure tools to solve fundamental problems in gaming. Moonveil takes a product-first, utility-driven approach with deep Web3 integration, anchoring user identity on our own L2 while remaining chain-agnostic at the application layer—going wherever the players are. Contact
Business Insider
5 days ago
- Business
- Business Insider
Reddio Mainnet Alpha Is Live – The First GPU-Accelerated Parallel EVM for AI-Native dApps
Reddio proudly announces the launch of its Mainnet Alpha, bringing the world's first GPU-Accelerated Parallel EVM architecture to live production. Purpose-built for compute-intensive and AI-native applications, Reddio opens a new frontier of speed and programmability within Ethereum's ecosystem. This milestone follows Reddio's successful Token Generation Event (TGE), with the Reddio token ($RDO) now officially live and in use on Mainnet Alpha. The token powers core network functions—including transaction fees, sequencer rewards, and developer incentives—activating the decentralized economy that underpins the Reddio ecosystem from day one. Backed by an exceptional testnet that processed over 131 million transactions, supported 19 million+ wallet addresses, and onboarded 50+ ecosystem partners, Mainnet Alpha is now primed for real-world deployment by developers and innovators. 'We're redefining what an EVM can do—scaling execution through parallelism and preparing for GPU-level compute, all while staying true to Ethereum's security model. Our ultimate goal is to make Reddio the fastest decentralized Parallel EVM —purpose-built for the next generation of AI-native, compute-intensive, and real-time applications on-chain.' said Neil Han, CEO at Reddio. ️ Core Features Already Enabled Parallel EVM with Breakthrough Throughput — Reddio's GPU-ready Parallel EVM architecture tackles the blockchain trilemma head-on, achieving over 13,000 TPS while maintaining Ethereum-grade security and decentralization—setting a new benchmark for scalable on-chain execution. AI-Optimized Design — Built with a CUDA-compatible EVM bytecode executor, Reddio is architected for native on-chain AI inferencing. This GPU-accelerated capability is currently in testing and backed by an Ethereum Foundation grant—paving the way for autonomous AI computation on-chain. Modular Sequencer SDK — This is the core infrastructure that powers both Reddio's testnet and Mainnet Alpha. With customizable SDKs, developers can launch OP and ZK Appchains with ease, unlocking horizontal scalability across Layer 2 and Layer 3 networks. Cost-Efficient at Scale — Gas usage is carefully optimized to keep fees low even under heavy demand, making Reddio ideal for compute-heavy, latency-sensitive applications like trading, gaming, and AI workloads. Ecosystem Use Cases Enabled by Reddio Autonomous AI Workloads Natively On-Chain Reddio's GPU-accelerated Parallel EVM is architected not merely to support AI agents, but to natively power full-stack AI compute workloads—including AI inference and complex multi-agent coordination. By enabling cooperative decision-making and autonomous financial execution, Reddio sets the stage for a new generation of intelligent, self-governing applications on-chain. Shoutout to Aizel Network for bringing some of these breakthroughs to Reddio - Secure Facial Verification + TEE Agent Interaction - Natural Language Transaction Execution via AI Prompting Next-Generation DeFi Reddio powers high-throughput DeFi primitives—enabling fully on-chain order books, native matching engines, and on-chain trading strategy bots. By removing friction and improving the efficiency of native asset interaction, empowers DEXs like QuBit and Native, as well as prediction markets such as PredX AI, through composability, transparency, and execution speed that only on-chain systems can provide. PayFi Reddio's low latency, ultra-low fees, and native asset interaction make it ideal for on-chain micropayments. Ecosystem partners like Aeon and Bitget Wallet are building PayFi use cases on Reddio—enabling real-time payments, pay-per-use billing, and AI-triggered transactions that bring Web3-native finance to life. Access & Roadmap Mainnet Alpha is now live, available to all developers and partners. This is a short transitional phase—following an intensive testnet with over 131 million transactions. No major changes are expected before the full mainnet launch, but this phase allows early adopters to deploy in production with our current architecture under real-world conditions. Alpha operates with a single sequencer and full fee model to ensure safety and clarity. What's next: They will first deploy the same Parallel EVM architecture on the BNB Chain, followed by the official mainnet launch. Subsequent phases will unlock a 2× performance boost, GPU acceleration, and the decentralization of the GPU network. Smart contract-level enhancements for fine-grained execution are also on the roadmap. In parallel, they are investing in ecosystem development—building a developer-friendly software layer that enables AI inference to be integrated on-chain with just a few lines of code, making powerful AI-native dApps accessible to every builder. Get Started with Reddio Developer Docs — Developers, researchers, and ecosystem teams are invited to access Mainnet Alpha and begin building next-gen dApps. Reddio DeFi Genesis Program — Activating users' $RDO and earning on-chain yield through the staking program. Staking is now on Ethereum, Liquidity pool migration to the mainnet by the end of June. Following on X — Staying updated with the latest Visiting — Learning more about the ecosystem About Reddio Backed by Paradigm, Reddio is the first GPU-powered parallel EVM, built for compute-intensive and running autonomous AI natively at scale. With Ethereum-grade security, multi-threaded parallel execution, and a modular SDK, Reddio enables real applications to thrive in a decentralized environment. Contact CEO Reddio
Business Insider
6 days ago
- Business
- Business Insider
Rank Platform Officially Announces TGE and $RAN Listing on MEXC
Rank, a decentralized platform for algorithmic crypto trading and no-code trading strategies, has announced its Token Generation Event (TGE) for the $RAN token, scheduled for June 24, 2025, at 10 AM UTC. The event will occur across three prominent launchpads: Red Kite, Kommunitas, and Poolz. Immediately following the TGE, the $RAN token will list on MEXC and PancakeSwap, launching with a fully diluted valuation (FDV) of $2.2 million at a token price of $0.002. The Rank platform aims to address key industry issues through a decentralized marketplace for algorithmic trading strategies. It connects traders and investors through transparent smart-contract vaults, known as "Strats." The smart contract autonomously executes trading strategies without granting traders direct custody of investor funds. This custody model reduces risks associated with traditional trading platforms. The primary distinguishing feature of Rank is its commitment to generating real yield from actual trading activities. Unlike platforms relying on inflationary token emissions or complex financial loops, Rank provides clear on-chain metrics to evaluate trading performance. Trading strategies are publicly ranked by net profit-and-loss, Sharpe ratio, maximum drawdown, and an internal risk assessment score. The $RAN token is central to Rank's decentralized structure. It follows the BEP-20 standard on the BNB Smart Chain, with a fixed total supply of 1 billion tokens. The token contract is immutable, meaning no additional tokens can be minted post-launch. Token distribution is community-focused, with 75% dedicated to community growth and platform incentives. Team and investors share the remaining 25%, which includes a six-month cliff followed by linear vesting schedules. Platform revenue distribution is a core component of Rank's economic structure. Precisely 50% of the collected platform fees are returned to token holders in USDT each distribution cycle. This revenue-sharing mechanism directly ties token value to actual platform usage and trading activity. Users holding and staking the $RAN token benefit from the additional utility. Staking $RAN provides holders with increased dividend shares, access to premium analytics tools, and voting rights in platform governance. Token holders have influence over fee adjustments, feature implementations, and partnership directions. Rank currently demonstrates around $1 million in total value locked (TVL) on BNB Chain, with a reported $5 million in trading volumes and assets transitioning to the platform. The infrastructure underlying Rank has undergone 7 years of technical development. It's now based on an optimized execution engine capable of routing orders across major centralized exchanges with approximately 4 ms latency. This technical foundation supports both systematic and discretionary trading strategies. Beyond individual traders, Rank supports algorithmic strategies managed by AI agents. A dedicated API layer enables these agents to execute trades within the platform's custody framework, maintaining investor asset security. Rank's upcoming launch includes strategic partnerships with Mode Network, Chirper AI, and Unfungible, enhancing platform liquidity and data integration. Additionally, the platform is incubated by Seedify, a notable Web3 launchpad, further contributing to its development. Following the TGE, Rank will introduce the public marketplace for strategy deployment, expand API integrations for external AI models, and roll out decentralized governance capabilities, enabling token holders to participate actively in platform decisions. About Rank Rank is a decentralized algorithmic trading platform that allows users to create no-code trading strategies and tap into advanced AI trading agents. Utilizing autonomous smart-contract vaults, Rank enables traders and AI-driven strategies to compete transparently and earn fees based solely on real profits generated for investors. Built on the BNB Smart Chain, Rank provides a non-custodial environment ensuring investor security, with an infrastructure developed over seven years that ensures high-performance trading execution. The $RAN token offers revenue-sharing opportunities, staking incentives, and platform governance rights. Rank
Int'l Business Times
7 days ago
- Business
- Int'l Business Times
Polemos Launches $PLMS Token On MEXC and Uniswap, Advancing Web3 Gaming Infrastructure
Singapore, Singapore, June 23rd, 2025, Chainwire Polemos, a Web3 gaming infrastructure platform, started the official Token Generation Event (TGE) for the $PLMS utility token. The TGE began at 5:00 AM UTC on June 23rd, 2025, marking a step in the platform's development to integrate blockchain technology within the gaming sector. Now available on MEXC and Uniswap, $PLMS gives the users entry into the Polemos GameFi ecosystem. The exclusive $PLMS IKO on Kommunitas has officially sold out, raising $250,000 ahead of the $PLMS listing. The $PLMS token is designed to serve as the utility and governance token for the Polemos ecosystem. It is intended to facilitate platform functionalities, including asset management, player incentives, and participation in ecosystem governance. The TGE follows prior development phases and strategic partnerships, contributing to the framework of Polemos' Web3 gaming offerings. "The start of the $PLMS Token Generation Event represents a key stage in the development of the Polemos platform," states Carl Wilgenbus, CEO of Polemos. "This event is aimed at distributing the $PLMS token, which is integral to the functional aspects of our ecosystem. Our objective is to provide infrastructure that supports digital asset ownership and participation within emerging gaming environments." Polemos is also announcing a strategic partnership with Guinevere Capital, a prominent esports and gaming investment firm known for its investments and advisory roles in projects such as GiantX, iTero, Perion, Skybox, and various other projects across the industry. Guinevere Capital has established a strong reputation for its work across global Web2 gaming titles including League of Legends, Valorant, Rocket League, and many more. This partnership aims to leverage the combined expertise of and Guinevere Capital to enhance and further monetise audiences across publishers, infrastructure players, gaming companies, studios, and platforms. The collaboration will focus on integrating advanced asset management and engagement tools from Forge platform with Guinevere Capital's extensive network and experience in both Web2 and esports ecosystems. This will create new monetisation opportunities and improve player experiences by bridging traditional gaming with blockchain-enabled innovations. Details of the $PLMS TGE: Official TGE Start: June 23rd, 2025, at 5:00 AM UTC. Exchanges: MEXC & Uniswap. The $PLMS token is designed to enable the features of the Polemos platform, which aims to support Web3 gaming experiences: The Armory: Decentralized Asset Management: This platform feature supports collateral-free and deposit-free digital asset rental. It allows asset owners to lend their in-game NFTs, with the intent of earning rewards, while providing other players with access to assets for gameplay without direct purchase. Decentralized Asset Management: This platform feature supports collateral-free and deposit-free digital asset rental. It allows asset owners to lend their in-game NFTs, with the intent of earning rewards, while providing other players with access to assets for gameplay without direct purchase. Polemos Scholarship Program: This program is structured to provide gamers with access to necessary in-game assets and support, intended to assist in their participation and earning potential within Web3 games. This program is structured to provide gamers with access to necessary in-game assets and support, intended to assist in their participation and earning potential within Web3 games. Unified Rewards System: The platform integrates a system designed to centralize rewards accumulated from various games and activities within the Polemos ecosystem, aiming to simplify reward tracking and management for users. The platform integrates a system designed to centralize rewards accumulated from various games and activities within the Polemos ecosystem, aiming to simplify reward tracking and management for users. Onboarding and Education Initiatives: Polemos provides tools and resources, including "Pharos" for blockchain news and "Polemos University" for educational content, with the goal of making Web3 gaming concepts accessible to a broader audience. This TGE represents a step in the operational phase of the Polemos ecosystem. Polemos intends for the $PLMS token to facilitate community engagement and economic activity within its platform. About Polemos Polemos is a Web3 gaming infrastructure platform focused on player onboarding, asset management, and engagement across blockchain games. Its objective is to bridge Web2 and Web3 gaming through technology and partnerships, aiming to provide a functional experience for players. The platform's activities include creating awareness of Web3 opportunities, simplifying access to blockchain technology, and developing tools intended to enhance gameplay and community interaction. About Guinevere Capital Founded in 2016, Guinevere Capital is a leading esports and gaming investment & advisory firm with a portfolio of projects spanning Oceania, the Middle East, and Europe. The firm is recognized for its strategic investments and operational expertise across major global Web2 gaming titles, driving growth and innovation across the sector. About Kommunitas Kommunitas is a decentralized, tier-less crowdfunding platform that has launched over 236 Web3 projects and raised $34.87 million, empowering startups and blockchain projects to grow through a fair, transparent, and community-driven approach. Its tier-less system allows anyone to participate in fundraising opportunities, and with a revenue-sharing model, Kommunitas offers long-term benefits for its community. Contact Marketing Team Polemos marketing@
