Latest news with #Web3
Int'l Business Times
6 hours ago
- Business
- Int'l Business Times
Meta Earth Network 2.0: Pioneering Web3 Innovation with Rewards and Global Events
Dubai, UAE, June 20th, 2025, Chainwire In the rapidly evolving Web3 landscape, Meta Earth is carving a bold path with ME Network 2.0, a modular blockchain ecosystem designed to redefine decentralized economies. Launched on May 19, 2025, at block height 6,624,500, this upgrade marks the Odyssey phase, a pivotal moment of technical breakthroughs and community-driven growth. With a robust suite of technical advancements, generous Airdrop rewards, enhanced ME Pass 3.0 features, and a lineup of high-profile 2025 events, Meta Earth is inviting users worldwide to join its transformative journey. Here's why ME Network 2.0 marks a pivotal shift—and what it means for those looking to participate. ME Network 2.0: A Technical Powerhouse ME Network 2.0 introduces a modular architecture that decouples the execution layer (RollApp), settlement layer (ME-Hub), and data availability layer (ME-DA), delivering unmatched scalability, security, and ecosystem compatibility. This three-layer design enables sovereign Rollup chains to process transactions in parallel with customizable virtual machines (EVM/WASM), slashing storage costs by 98% through data availability sampling (DAS) and 2D erasure coding. The result is skyrocketing throughput, optimized costs, and rapid iteration for decentralized applications (DApps). The network's economic model is equally revolutionary. MEC, the native token, unifies all layers, with cross-chain mappings (MEC-CI for RollApp gas fees and governance, MEC-DA for the data layer) replacing native tokens to create a closed value loop. Users pay only local RollApp gas fees, while Sequencers handle cross-layer costs, streamlining transactions. The decentralized Sequencer network, powered by CometBFT consensus, enhances security with slashing mechanisms for malicious nodes, fraud proofs, and zero-knowledge proof (ZKP) compression via the Groth16 algorithm, cutting gas costs by 90%. A Watch Relayer monitors anomalies in real time, ensuring robust protection. Cross-chain communication is another standout feature. The Multi-Blockchain Communication (MBC) protocol addresses Optimistic Rollup pain points, enabling instant withdrawals through market maker prepayments and incentivizing fraud detection. EVM compatibility, via Ethermint integration, supports Solidity 0.6.0–0.8.17 and tools like MetaMask, while dual EVM/WASM virtual machines bridge Ethereum and Cosmos ecosystems. A DID-based identity system stores only certificate hashes on-chain, encrypting private data off-chain for privacy and enabling cross-chain verification. Additional improvements include dynamic gas pricing to counter Sybil attacks, optimized relayers for trustless communication, and enhanced security requiring two-thirds honest nodes. The ME-DA layer's initial validator nodes, staked with 552,900 MEC from regional treasuries (India, China, ME_EARTH, USA), underscore community-driven governance, with future allocations guided by transparent DAO proposals. These advancements position ME Network 2.0 as a scalable, secure foundation for the next generation of Web3 applications. Airdrop Rewards: Embarking on the Odyssey ME Network 2.0 Odyssey isn't just about technology—it's about empowering users. Meta Earth's Airdrop reward system, accessible via ME Pass, offers six ways to earn MEC, catering to both novices and veterans: Unconditional Basic Income (UBI) : Users who complete KYC for their ME ID receive 1 permanently staked MEC, yielding daily passive income at 12.5% APY . Verification must be completed in ME Pass to begin earning. : Users who complete KYC for their ME ID receive 1 permanently staked MEC, yielding daily passive income at . Verification must be completed in ME Pass to begin earning. Daily Check-In Rewards : Users can check in daily to earn MEC—starting at 0.0001 MEC (gas-free for the first check-in), increasing by 0.0001 MEC/day to a cap of 0.003 MEC/day (30x). Missed check-ins can be made up within 7 days for a small fee. : Users can check in daily to earn MEC—starting at 0.0001 MEC (gas-free for the first check-in), increasing by 0.0001 MEC/day to a cap of (30x). Missed check-ins can be made up within 7 days for a small fee. Staking Rewards : MEC can be staked in ME Pass's 'Assets' section, with a 360-day lock offering up to 25% APY . Flexible lock periods are also available for tailored returns. : MEC can be staked in ME Pass's 'Assets' section, with a 360-day lock offering up to . Flexible lock periods are also available for tailored returns. Community Rewards : Joining any Meta Earth node community for a one-time 0.01 MEC reward, enabling users to integrate into the broader ecosystem. : Joining any Meta Earth node community for a one-time reward, enabling users to integrate into the broader ecosystem. Referral Rewards : By sharing a ME Pass invite link, users earn 0.1 MEC per new user who completes KYC. : By sharing a ME Pass invite link, users earn per new user who completes KYC. Monthly Airdrop: ME ID holders automatically receive 0.01 MEC monthly, deposited directly into their ME Pass wallet. These rewards make participation rewarding and inclusive, encouraging users to grow their MEC holdings while fueling ecosystem expansion. ME Pass 3.0: The Gateway to Web3 ME Pass 3.0, the cornerstone of user interaction, has been revamped to enhance the Web3 experience. Its sleek new UI offers seamless navigation, while bolstered security features, including multi-factor authentication and passkey setup, protect users' assets. Users can now manage NFTs—displaying, transferring, and browsing collections—directly in the app. Cross-chain transactions between the ME-Hub and RollApps streamline asset movement, and a new 'Explore' section introduces ME Mini-Programs and an app marketplace for richer content discovery. Community features like real-time messaging, large group chats, and end-to-end encryption foster engagement, making ME Pass 3.0 a powerful tool for Web3 exploration. 2025: Discovering Meta Earth Offline Meta Earth is taking its vision global with a series of high-profile offline events in 2025, offering opportunities to connect with the community and explore ME Network 2.0 firsthand: Istanbul Blockchain Week (June): Attendees can join the event in Turkey for insights into Web3 innovation. (June): Attendees can join the event in Turkey for insights into Web3 innovation. WebX Asia 2025, Tokyo, Japan (August): Participants will have the opportunity to explore Meta Earth's latest advancements in Asia's leading crypto hub. (August): Participants will have the opportunity to explore Meta Earth's latest advancements in Asia's leading crypto hub. TOKEN2049, Singapore (October): A premier gathering to connect with global Web3 leaders and explore emerging trends in the space. These events will feature demos, workshops, and networking, showcasing Meta Earth's technology and rewarding opportunities. Stay tuned for details on how to participate. About Meta Earth ME Network 2.0's technical prowess—modular scalability, cost efficiency, and cross-chain interoperability—sets a new standard for decentralized networks. Coupled with inclusive Airdrop rewards and an intuitive ME Pass 3.0, Meta Earth is democratizing Web3 access. As MEC demand grows with ecosystem expansion, its deflationary model and diverse use cases (staking, fees, storage) promise long-term value appreciation. To Get Involved Today: Users can download the ME Pass, complete KYC to unlock rewards, and join the Meta Earth community for updates. Users and welcome to join their 2025 events to experience the future of Web3 firsthand. With Meta Earth, it's ME, My Way! Stay Connected with Meta Earth Users can stay updated on Meta Earth's official social media and communities for the latest information: Website ｜ X ｜ Telegram ｜ Discord ｜ Instagram ｜ Youtube ｜ TikTok ｜ Linkedin Contact BD Manager Penny Meta Earth bd@
Business Insider
7 hours ago
- Business
- Business Insider
DWF Ventures Publishes Analysis of Pump.fun Token Sale
Dubai, UAE, June 20th, 2025, Chainwire DWF Ventures, the venture arm of web3 investor and market maker DWF Labs, has released a comprehensive analysis of the highly anticipated $PUMP token sale by memecoin launchpad Renowned for its bonding curve model and fair launch mechanism, has become a cornerstone of the Solana ecosystem, generating over $700M in revenue and launching 11M tokens in just months. The analysis explores the $PUMP token sale, which is reportedly targeting a $1B raise at a $4B FDV, offering retail investors a chance to gain exposure to future growth. Speculated tokenomics include a 1 trillion total supply, with 10% (100 billion) allocated for an airdrop and 25% (250 billion) for the sale with a 100% unlock. Potential revenue-sharing and token buybacks using 25% of protocol revenue are believed to be incorporated into the tokenomics. DWF Ventures highlights positives about the proposed token sale, such as unrivaled revenue, dominant market share, and buyback-driven growth potential, positioning $PUMP as a lower-risk memecoin investment. However, concerns include the $4B valuation's limited upside, post-TGE volatility risks, and the sustainability of revenue projections, given that current usage has dropped from its late 2024 peak. The DWF Ventures report highlights re-market trading on Aevo at a $5.85bn FDV that suggests undervaluation, while recent mobile app and streaming platform support a thesis of future growth. As evidence of its strong positioning within the Solana ecosystem, the report notes that remains the top memecoin launchpad by daily tokens deployed and top DEX by daily volume on Solana. Other observations include the fact that is one of the few revenue-generating protocols, having generated close to $700M to date and holding a top-five position amongst all projects by 30-day revenue. The report concludes: 'Overall, the $PUMP token sale presents an attractive opportunity for retail to gain exposure to not just a strong revenue-generating platform, but one that has emerged as a dominant market leader in not one, but two sectors to date.' The DWF Ventures report can be read in full here. DWF Labs is the new generation Web3 investor and market maker, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges. Contact VP of Communications Lynn Chia
Forbes
9 hours ago
- Business
- Forbes
Fractional Back Offices: The $280 Billion Shift Reshaping Startups
Executive skills, abilities, and competence. Fractional Back Offices Powering the Next Wave Startups' inboxes say it all: 'Urgent: Runway Update.' 'CFO Search: Need Help.' 'DAO Governance: Compliance Nightmare.' Across Silicon Valley and beyond, founders are wrestling with an impossible equation. Rising interest rates have made growth capital dramatically more expensive—and harder to access—forcing startups to slash budgets. Yet the cost of hiring continues to rise. You'd expect tighter funding to flood the market with talent. Instead, the talent gap is only widening. Korn Ferry projects a global shortage of 85.2 million skilled workers by 2030, putting pressure on startups to compete for scarce expertise with limited capital. At the same time, emerging sectors like Web3 and AI are pushing the boundaries of traditional know-how. Tokenomics, DAO governance, and cross-border compliance require skills most executives simply don't have. These aren't theoretical challenges—they're operational roadblocks that demand lived experience. The economics are brutal: bringing on a seasoned CFO or senior back-office leader can cost over $500,000 a year. At scale, that's just another line item. For early-stage startups, it's a runway killer. Skipping it? That's startup suicide in today's unforgiving market. Only 16% of software companies now meet the Rule of 40—the growth-profitability benchmark VCs demand. Enter the most quietly disruptive trend in business: fractional executives who are rewriting the rules of corporate leadership. In this environment, on-demand executives aren't a perk—they're a survival strategy. The turning point came as market conditions shifted dramatically. Remember 2021? When startups raised over $640 billion globally and founders could practically sneeze their way to a Series A? Those days now feel like a distant memory. Global venture funding has plunged 38% since its 2021 peak, falling back to 2018 levels. The 2024 reality check was swift: funding arrived with tougher terms and sharper scrutiny. Down rounds account for over 11% of venture deals, signaling broader investor caution. Nearly half of seed-stage companies now face the risk of shuttering within 18 months. Faced with this impossible equation, more founders began exploring fractional leadership. What surprised many? Fractional executives weren't just cheaper. They were often better. Kruze Consulting's clients get acquired at more than double the industry average: 11.5% versus 5.2%. Granted, some of that success may stem from selection bias (companies using premium services might already be stronger performers). But the pattern holds: executives who've scaled multiple startups tend to deliver measurable value. The results speak for themselves. "When John came on board, we were at $11 million, and now we're at $20 million," says Rick Helwig, CEO of MSP360, a tech company that partnered with fractional CFO services. "Regardless of what happens in this business, whenever I need a CFO, I'll call John." Fractional leadership brings real tradeoffs—for both startups and the talent they depend on. Professionals juggling multiple clients can be stretched thin during fast-moving crises. Cultural integration suffers when leaders remain halfway in and halfway out. The talent pool is also limited, particularly in specialized sectors where deep expertise is non-negotiable. The question isn't whether fractional executives can help, but whether startups can structure these relationships to maximize value while minimizing operational gaps. While many founders turned to fractional help out of necessity, some startups built entire businesses around it—transforming the back office into a billion-dollar opportunity. Pilot reimagined startup finance by combining software automation with full-stack accounting teams. Now serving over 1,700 clients, it delivers investor-ready books, real-time burn rates, and full runway visibility—without bloating headcount. Kruze Consulting turned tax deadlines and board meetings into a venture-backed machine. With 800+ startup clients and $15 billion raised under their watch, its fractional CFOs specialize in audit prep, VC reporting, and strategic finance—particularly in crypto and Web3. Continuum has streamlined executive hiring by making leadership plug-and-play. The platform matches startups with proven talent in under 48 hours, helping founders secure elite leadership without long search cycles. As CEO Nolan Church puts it: 'Fractional work is the future of work. This trend will forever change how companies solve problems and how people choose to work.' assembles full squads—product, operations, and growth teams on demand. Built for hypergrowth, the model helps startups scale fast without locking in fixed headcount. The smartest money in Silicon Valley isn't just watching this trend—they're funding it. Bezos Expeditions, the investment firm of Jeff Bezos, co-led Pilot's $100 million Series C, doubling its valuation to $1.2 billion. Tiger Global and Arrive (the venture arm of Roc Nation) backed $60 million round—recognizing that fractional executives deliver 'deeper experience at a fraction of the cost' compared to full-time hires. These aren't consultants. They're embedded partners driving outcomes without the overhead. new skills Emerging sectors haven't just exposed the limits of traditional advisors—they've given rise to a specialized market for fractional services. Web3 and AI companies face operational complexity that conventional playbooks can't address. Tokenomics, DAO governance, and cross-border compliance aren't edge cases. They're core operations. To meet these demands, a support ecosystem has taken shape: Carta for equity and token cap tables, CoinLedger for crypto tax, Chainalysis for compliance, and BlockOffice for CFO structuring and support. Take BlockOffice, for instance. The firm provides back-office services to AI, Web3, and frontier tech startups, as well as offshore funds. The firm supports over 1,000 companies globally with entity structuring, tax, crypto accounting, regulatory guidance, and fractional CFO services. Clients have raised over $500M, with some backed by BlockOffice Ventures. Its modular, execution-first approach helps founders handle financial and regulatory complexity at scale. The rise of fractional leadership is forcing founders to rethink how they structure executive roles. These interim (or part-time) executives often juggle multiple clients, and short-term engagements can create gaps in continuity. This can lead many to feel isolated. They're embedded just enough to carry the weight—but not enough to steer the ship. The solution? Smart startups are shifting how they work with fractional talent. Instead of treating them like employees, they're setting up the relationship more like a board role, with monthly strategic sessions and clearly defined deliverables. Some companies implement exclusivity during critical periods, while others establish guardrails to avoid conflicts. These choices help clarify what founders truly need from executive leadership. Even with structure, the model isn't frictionless. Joe Newbold, a seasoned fractional CFO, captures the intensity: 'If you think fractional CFO work is a way to get more work-life balance, you're in for a surprise. Startups don't sleep. If a founder hits a cash flow crisis on Wednesday, but you're not scheduled until Thursday, do you just ignore them? If you're serious about this career, you need to be constantly available.' This level of responsiveness blurs the line between fractional and full-time roles, demanding not just expertise but deep commitment. Competing priorities and limited bandwidth can leave fractional executives overextended in high-pressure situations. The instability of short-term engagements, which can end abruptly, adds further risk. Cultural integration adds another layer of complexity. Even with limited face time, fractional leaders must align with company values, workflows, and expectations. Maintaining cohesion with full-time teams requires deliberate onboarding and clearly defined roles. Industry-specific constraints can be just as limiting. While sectors like biotech may benefit from strategic oversight during research phases, heavily regulated industries often require hands-on compliance that part-time roles can't sustain. The talent supply is thin, too—only around 1,000 biotech and pharma profiles on LinkedIn mention fractional work, underscoring the mismatch between demand and available expertise. The shift toward independent work isn't slowing down. According to the latest McKinsey American Opportunity Survey, 36% of the U.S. labor force identifies as independent workers today, up from 27% in 2016. Startups are embracing this trend—not just to cut costs but to access specialized, battle-tested talent without locking in long-term overhead—the same logic driving the rise of fractional executives. Fractional leaders offer more than experience. They bring cross-functional agility and pattern recognition from scaling diverse companies. Whether you're launching a stablecoin-powered fintech, building a programmable remittance platform, or preparing a DAO for investor scrutiny, these executives apply playbooks built across industries, not just within a single company. Given the soaring cost of growth capital, the economics now tilt heavily toward fractional leadership. For founders evaluating this path, the best entry point is often the most specialized need. Looking for someone who's navigated several IPOs, led international expansion, or built compliance frameworks from scratch? These are exactly the capabilities fractional executives deliver—without burning months of runway on permanent hires. This isn't a stopgap. It's the new blueprint for building breakout startups in a capital-constrained world.
Business Insider
11 hours ago
- Business
- Business Insider
Meta Earth Network 2.0: Pioneering Web3 Innovation with Rewards and Global Events
In the rapidly evolving Web3 landscape, Meta Earth is carving a bold path with ME Network 2.0, a modular blockchain ecosystem designed to redefine decentralized economies. Launched on May 19, 2025, at block height 6,624,500, this upgrade marks the Odyssey phase, a pivotal moment of technical breakthroughs and community-driven growth. With a robust suite of technical advancements, generous Airdrop rewards, enhanced ME Pass 3.0 features, and a lineup of high-profile 2025 events, Meta Earth is inviting users worldwide to join its transformative journey. Here's why ME Network 2.0 marks a pivotal shift—and what it means for those looking to participate. ME Network 2.0: A Technical Powerhouse ME Network 2.0 introduces a modular architecture that decouples the execution layer (RollApp), settlement layer (ME-Hub), and data availability layer (ME-DA), delivering unmatched scalability, security, and ecosystem compatibility. This three-layer design enables sovereign Rollup chains to process transactions in parallel with customizable virtual machines (EVM/WASM), slashing storage costs by 98% through data availability sampling (DAS) and 2D erasure coding. The result is skyrocketing throughput, optimized costs, and rapid iteration for decentralized applications (DApps). The network's economic model is equally revolutionary. MEC, the native token, unifies all layers, with cross-chain mappings (MEC-CI for RollApp gas fees and governance, MEC-DA for the data layer) replacing native tokens to create a closed value loop. Users pay only local RollApp gas fees, while Sequencers handle cross-layer costs, streamlining transactions. The decentralized Sequencer network, powered by CometBFT consensus, enhances security with slashing mechanisms for malicious nodes, fraud proofs, and zero-knowledge proof (ZKP) compression via the Groth16 algorithm, cutting gas costs by 90%. A Watch Relayer monitors anomalies in real time, ensuring robust protection. Cross-chain communication is another standout feature. The Multi-Blockchain Communication (MBC) protocol addresses Optimistic Rollup pain points, enabling instant withdrawals through market maker prepayments and incentivizing fraud detection. EVM compatibility, via Ethermint integration, supports Solidity 0.6.0–0.8.17 and tools like MetaMask, while dual EVM/WASM virtual machines bridge Ethereum and Cosmos ecosystems. A DID-based identity system stores only certificate hashes on-chain, encrypting private data off-chain for privacy and enabling cross-chain verification. Additional improvements include dynamic gas pricing to counter Sybil attacks, optimized relayers for trustless communication, and enhanced security requiring two-thirds honest nodes. The ME-DA layer's initial validator nodes, staked with 552,900 MEC from regional treasuries (India, China, ME_EARTH, USA), underscore community-driven governance, with future allocations guided by transparent DAO proposals. These advancements position ME Network 2.0 as a scalable, secure foundation for the next generation of Web3 applications. Airdrop Rewards: Embarking on the Odyssey ME Network 2.0 Odyssey isn't just about technology—it's about empowering users. Meta Earth's Airdrop reward system, accessible via ME Pass, offers six ways to earn MEC, catering to both novices and veterans: Unconditional Basic Income (UBI): Users who complete KYC for their ME ID receive 1 permanently staked MEC, yielding daily passive income at 12.5% APY. Verification must be completed in ME Pass to begin earning. Daily Check-In Rewards: Users can check in daily to earn MEC—starting at 0.0001 MEC (gas-free for the first check-in), increasing by 0.0001 MEC/day to a cap of 0.003 MEC/day (30x). Missed check-ins can be made up within 7 days for a small fee. Staking Rewards: MEC can be staked in ME Pass's 'Assets' section, with a 360-day lock offering up to 25% APY. Flexible lock periods are also available for tailored returns. Community Rewards: Joining any Meta Earth node community for a one-time 0.01 MEC reward, enabling users to integrate into the broader ecosystem. Referral Rewards: By sharing a ME Pass invite link, users earn 0.1 MEC per new user who completes KYC. Monthly Airdrop: ME ID holders automatically receive 0.01 MEC monthly, deposited directly into their ME Pass wallet. These rewards make participation rewarding and inclusive, encouraging users to grow their MEC holdings while fueling ecosystem expansion. ME Pass 3.0: The Gateway to Web3 ME Pass 3.0, the cornerstone of user interaction, has been revamped to enhance the Web3 experience. Its sleek new UI offers seamless navigation, while bolstered security features, including multi-factor authentication and passkey setup, protect users' assets. Users can now manage NFTs —displaying, transferring, and browsing collections—directly in the app. Cross-chain transactions between the ME-Hub and RollApps streamline asset movement, and a new 'Explore' section introduces ME Mini-Programs and an app marketplace for richer content discovery. Community features like real-time messaging, large group chats, and end-to-end encryption foster engagement, making ME Pass 3.0 a powerful tool for Web3 exploration. 2025: Discovering Meta Earth Offline Meta Earth is taking its vision global with a series of high-profile offline events in 2025, offering opportunities to connect with the community and explore ME Network 2.0 firsthand: Istanbul Blockchain Week (June): Attendees can join the event in Turkey for insights into Web3 innovation. WebX Asia 2025, Tokyo, Japan (August): Participants will have the opportunity to explore Meta Earth's latest advancements in Asia's leading crypto hub. TOKEN2049, Singapore (October): A premier gathering to connect with global Web3 leaders and explore emerging trends in the space. These events will feature demos, workshops, and networking, showcasing Meta Earth's technology and rewarding opportunities. Stay tuned for details on how to participate. About Meta Earth ME Network 2.0's technical prowess—modular scalability, cost efficiency, and cross-chain interoperability—sets a new standard for decentralized networks. Coupled with inclusive Airdrop rewards and an intuitive ME Pass 3.0, Meta Earth is democratizing Web3 access. As MEC demand grows with ecosystem expansion, its deflationary model and diverse use cases (staking, fees, storage) promise long-term value appreciation. To Get Involved Today: Users can download the ME Pass, complete KYC to unlock rewards, and join the Meta Earth community for updates. Users and welcome to join their 2025 events to experience the future of Web3 firsthand. With Meta Earth, it's ME, My Way! Contact BD Manager Penny
Associated Press
12 hours ago
- Business
- Associated Press
Gate Releases May 2025 Transparency Report: Brand Revamp Ignites Strategic Acceleration
PANAMA CITY, June 20, 2025 (GLOBE NEWSWIRE) -- Gate, a global leader in cryptocurrency trading, has released its May 2025 Transparency Report, revealing remarkable growth across key business indicators. Amid improving market sentiment and a maturing regulatory landscape, the platform recorded historic highs in trading volume and user activity, accelerated brand globalization efforts, advanced compliance achievements, and further expanded its Web3 ecosystem. Trading Volume and User Base Hit New Milestones In May 2025, Gate saw a substantial year-over-year increase in total trading volume, driven by strong performance in both spot and futures markets. Futures trading, in particular, has become a primary growth engine for trading activity. Gate now ranks second globally in 24-hour spot trading volume, reinforcing its position among the world's leading exchanges. The platform's user base surpassed 27 million registered users, reflecting continued global momentum and growing brand influence. Meanwhile, Gate Earn has seen explosive growth, now supporting nearly 1,000 digital assets with $2 billion in total assets under management. Its Dual Investment product now supports 60 tokens, and remains one of the most popular structured finance offerings on the market. This month, Gate was also honored with the 'Best Crypto Exchange 2025' award by Entrepreneur Middle East, recognizing the platform's excellence in user protection, operational stability, and regulatory compliance. Global Brand Revamp: New Domain and New Logo Launched On May 19, Gate officially launched its new domain, alongside a redesigned logo, marking a bold step forward in its global rebranding strategy. This upgrade unifies visual identity across global operations and enhances international recognition and user trust. The rebrand coincides with Gate's vision of becoming the 'Next-Generation Crypto Exchange', a platform at the intersection of global compliance, user-centric design, and Web3 innovation. The rebranding covers all Gate entities globally, including licensed operations in Japan, Dubai, and Europe, delivering a consistent and professional brand presence worldwide. Product Ecosystem Expansion Drives Growth in User Engagement and Assets In May, Gate's continuous product innovation led to a significant boost in its platform ecosystem. The relaunch of Launchpad sparked market excitement, with the debut project Puffverse (PFVS) oversubscribed by more than 93,800%, attracting 35,000 participants and raising $656 million. Gate Alpha, focusing on meme asset trading, launched hundreds of projects in May, distributed over $1 million in airdrops, and generated billions in trading volume. Launchpool introduced nearly 20 new projects, distributed over $3 million in rewards, and peaked at over 1,000% annualized returns. HODLer Airdrop launched nearly 30 projects, attracted more than 170,000 participants, distributed over $800,000 in rewards, and saw over $38 million in total staking volume. CandyDrop launched nearly 20 airdrop campaigns, drawing over 500,000 participants with a prize pool close to 3 million USDT. The synchronized growth of these core product lines demonstrates Gate's leading edge in product innovation and user attraction. Accelerating Asset Transparency and Compliance Leadership, Reserve Ratio Reaches 128.57% As of May 2025, Gate's total reserve assets reached $10.865 billion, with an impressive reserve ratio of 128.57%, far exceeding the 100% industry benchmark. BTC, ETH, and USDT reserves all maintained surplus coverage, with BTC reserve ratio at 137.69%. These figures reflect Gate's long-standing commitment to transparency and financial strength. On the compliance front, Gate Technology FZE, a part of Gate, has obtained a VASP License under the regulation and supervision of VARA in Dubai to provide exchange services and is permitted to serve institutional investors, qualified investors, and retail investors. This milestone marks another significant step forward in Gate's global compliance strategy. Expanding Web3 Culture with Brand Campaigns and Global Events In May, Gate intensified its brand presence through multiple high-profile events. Gate 12th Anniversary Global Celebration concluded in Dubai, where CEO Dr. Han outlined the vision of Gate as the next-generation crypto exchange. SPORT3 DUBAI 2025 united Web3 and sports through cross-industry activities. Gate hosted global KOLs at Inter Milan's home stadium and celebrated Bitcoin Pizza Day with custom pizza deliveries to users and partners. At the Formula 1 Monaco Grand Prix, Gate CBO Kevin Lee represented the brand in collaboration with Oracle Red Bull Racing. Gate's NFT drop with Red Bull Racing exceeded 1 million mints, engaging over 200,000 participants. Yann Sommer, Serie A champion and Inter's goalkeeper, joined as a Gate Friend, symbolizing the platform's commitment to asset security. Promoting Education, Research, and Social Responsibility, Demonstrating Platform Impact In May, Gate continued to make strides in educational outreach and social responsibility. Gate Learn released educational content and courses covering trending topics such as DeFi, RWA, and AI, helping users systematically enhance their understanding. Gate Research deepened its efforts in policy interpretation and market analysis, strengthening its expertise in critical areas like meme coins, public chains, and ETFs. During the same month, Gate Charity partnered with Forum Animal to launch a public welfare campaign in São Paulo, Brazil, calling for an end to animal testing and promoting global awareness around animal welfare and ethics, demonstrating the platform's enduring commitment to sustainable values. A New Chapter Begins, Advancing Toward Industry Leadership May 2025 marks a pivotal chapter in Gate's journey. With a newly unified brand identity, record-breaking business growth, and deeper integration across product, compliance, and community initiatives, Gate is accelerating its path toward becoming a truly global, next-generation crypto platform. As the company moves beyond its 12th anniversary milestone, Gate remains committed to innovation, compliance, and user empowerment, opening the gate to a more open, secure, and sustainable Web3 future. About Gate Gate, founded in 2013 by Dr. Han, is one of the world's earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry's first 100% proof-of-reserves. Beyond core trading services, Gate's ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter. For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube Media Contact: Loyo at [email protected] Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via Disclaimer: This content is provided by Gate. 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 advice. Investing 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 guaranteed. Neither 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
