ChainCatcher news, Polyhedra Network announced the launch of the Layer 1 public chain EXPchain testnet.The core technology of EXPchain is Polyhedra Network's pioneering ZKP and AI technologies, including the Expander proof system, zkPyTorch integration, and smart proofs (PoI), aimed at revolutionizing the intersection of artificial intelligence (AI) and blockchain.

ChainCatcher news, according to The Block, the Layer 1 public chain Xion, focused on chain abstraction, has officially launched its mainnet and introduced an innovative "Double or Nothing" token airdrop mechanism. The project completed a $25 million Series A funding round in April this year and previously received $11 million in investments from institutions such as Circle Ventures, Animoca Brands, and Multicoin.Xion is developed based on the Cosmos SDK, pioneering the use of USDC as the primary trading currency, with plans to issue a total of 200 million XION tokens, and the first round of airdrop will allocate 10 million tokens.

ChainCatcher message, the privacy-focused Layer1 blockchain Namada has launched its genesis block and will decentralize the mainnet in five phases, each driven by community decisions through on-chain governance. The first phase has begun, and staking and governance functions are now live.Namada has released a community airdrop, with a total supply of 1 billion NAM tokens. Eligible wallets will receive NAM tokens, which can be immediately used for staking and governance. Staking rewards will be activated in the second phase. The transferability of tokens is expected to be enabled in the fifth phase within a few months.

ChainCatcher message, Layer1 project XION announced the opening of airdrop inquiries on X.According to RootData, XION is a modular universal abstraction layer built for consumer adoption, developed by Burnt.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. Nervos Network has successfully made it to the RootData List 2024 annual rankings as one of the "Top 50 Projects (TGE Completed)." Nervos Network is a Layer 1 public chain ecosystem based on PoW consensus and supports smart contract development. It also includes a series of Layer 2 scaling solutions to facilitate high-capacity use cases.It is reported that this ranking is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing influential and innovative key players in the Web3 space and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The ranking statistics cover the period from October 31, 2023, to October 31, 2024, with five lists published, specifically: Top 50 Projects (TGE Completed), Top 50 Projects (TGE Not Completed), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, according to The Block, Layer1 blockchain developer Pharos has completed a $8 million seed round financing, led by Lightspeed Faction and Hack VC, with SNZ Capital participating as a strategic investor. Other investors include Dispersion Capital, Hash Global, Generative Ventures, MH Ventures, Zion, and Chorus One.According to RootData, Pharos is an ultra-fast, EVM-compatible internet-level blockchain that enhances payments and applications through trustlessness and decentralization.

ChainCatcher news, according to Coindesk, the multi-chain Layer1 network Apex Fusion has completed a $6 million funding round through a private token sale. The funds will be used for marketing and further development of the network composed of Prime, Nexus, and Vector chains. It provides native bridges, interoperability protocols, and developer tools.It is reported that Apex Fusion aims to provide a seamless experience for future blockchain builders and developers by combining the essence of UTXO and EVM transaction execution methods into a single decentralized ecosystem.

ChainCatcher news, according to RootData, FIO has increased by 69.55% in the last 24 hours, currently priced at $0.047.Additionally, the Web3 asset data platform RootData shows that FIO is a Layer1 protocol that provides a unified user experience in value transactions between blockchain and products. Its usage is realized through encrypted endpoints, such as wallets, payment processors, and exchanges integrated with FIO functionality. FIO aims to drive adoption through a user-friendly crypto experience.Previous news indicates that the Binance futures platform will launch the FIOUSDT perpetual contract on September 20, 2024, at 19:30 (UTC+8), with a maximum leverage of up to 75 times.

ChainCatcher news, according to The Block, Foresight Ventures announced a multi-million dollar strategic investment in the Layer1 blockchain Aptos.The funds will be used to accelerate product development, enhance liquidity, and support the development of Aptos' scalable and upgradeable Layer1 blockchain infrastructure.

ChainCatcher news, incubated by Future3 Campus, Edge Matrix Chain (EMC) has completed a $20 million financing round, led by Amber Group and P2 Ventures, with participation from well-known investment institutions such as One Comma, Kapley Judge and Associated Corporations, Cyberrock Venture Fund, Candaq Fintech Group, Hameem Raees Chowdhury, and others.Edge Matrix Chain (EMC) will use this financing to upgrade to an AI Layer1 infrastructure, further accelerating the expansion and development of its ecosystem. Users can obtain EMC tokens by participating in the testnet and experience the innovative AI public chain technology.

ChainCatcher news, the modular blockchain platform Saga announces that the full-chain gaming platform PixelRealm, supported by Binance Labs, is launching the Layer1 blockchain "PixeL1" using Saga's technology, enabling PixelRealm to provide flexible gas fees, high transaction speeds, and scalability to gaming applications.

ChainCatcher news, Cosmos ecosystem DeFi Layer1 application chain Elys Network announces the launch of the second phase of the incentive testnet, which will be the final phase before the mainnet launch. The specific criteria for the second phase will not be announced immediately; users will qualify simply by completing daily tasks.The official statement indicates that its primary goal is to filter out witch attacks and reward real users, so the criteria will be announced later.

ChainCatcher news, the modular Layer1 project Self Chain announced that it will airdrop SLF tokens to early supporters, with a total supply of 360 million tokens, divided into several categories to support different aspects of the ecosystem. The specific allocation is as follows: 28% for validator nodes and growth sales, 8% for the team, 25% for migration, 19% for the ecosystem, and 10% each for equity investors and foundation nodes.The total amount of SLF tokens distributed is 325,000, with a total of 800 participants selected for the airdrop eligibility list. The tokens will be manually sent to the selected participants' self-chain addresses within 3 working days starting from July 22, and the distribution will follow various unlocking plans to ensure the reasonable circulation and use of the tokens.

ChainCatcher news, according to CoinDesk, the decentralized exchange perpetual aggregator Rage Trade announced plans to launch a new token (RAGE) on August 7 through a liquidity generation event and a token sale hosted on Fjord Foundry. The token will be built on the recently launched Layer1 blockchain Hyperliquid.Rage Trade currently integrates GMX, Synthetix, Dydx, Aevo, and Hyperliquid. It aims to allow traders to manage positions across multiple chains and earn rewards on each chain.

ChainCatcher news, according to official sources, LayerZero will launch on Gravity, a Layer1 blockchain designed by Galxe specifically for a full-chain experience and full-chain abstraction, aimed at promoting mass adoption and supporting a multi-chain future.Developers on Gravity will be able to connect to over 70 other blockchains through LayerZero.

ChainCatcher news, according to CoinDesk, Web3 metaverse developer Playbux has announced the launch of a zero-fee AI-driven Layer-1 gaming blockchain. Playbux was initially built on the BNB chain.The team stated: "Playbux is expanding into an AI-driven zero-fee L1 blockchain to enhance its leading position in the gaming space, overcoming the barriers of high transaction fees and insufficient product optimization, lowering the entry threshold, and fostering a more active community. The launch of L1 will enable Playbux to compete in the fast and free Web2 space while leveraging its AI engine to enhance user experience and services."