May 16: FLock.io, a platform for “AI co-creation,” and Morpheus, a network for powering smart agents, announced a strategic partnership “to advance decentralized AI capabilities in Web3,” according to the team: “By merging FLock.io’s community-driven, decentralized AI training model platform with Morpheus, which empowers Smart Agent builders to deploy their code and receive rewards, the partners aim to reduce reliance on centralized external function calls to OpenAI and integrate more Smart Agents into Web3 wallets. Ultimately, this integration will empower users to harness AI directly from their wallets for seamless, secure, and intuitive trading experiences.”
May 16: Entangle, an interoperable data infrastructure layer powered by underlying primitive “liquid vaults,” is releasing its mainnet after two years of development and a strict testnet phase, according to the team: “The network currently holds 71 validators, including Hashkey Cloud, Rhino, Nodefi and DaiC. The mainnet also presents the Photon Messaging feature, enabling omnichain development across 16 EVM and non-EVM blockchains, including Solana.”
May 16: Alvara Protocol is “launching its testnet, marking a major milestone in its development of a DeFi-based system for fund management,” according to the team: “Alvara democratizes fund management with an innovative tokenized fund factory, leveraging DeFi, ensuring transparency, liquidity, and cost-efficiency compared to traditional hedge funds and ETFs. Built on the ERC-7621 token standard, it allows anyone to become a fund manager. With the testnet live, users can explore the platform, provide feedback, and help shape Alvara’s future impact on DeFi and TradFi industries.”
May 16: The Hashgraph Association has signed a strategic partnership with the Qatar Financial Centre to launch a $50 million Digital Assets Venture Studio, according to the team: “The platform will support local Qatari and international portfolio companies in the development of regulatory-compliant decentralized finance solutions and digital assets built on the Hedera Distributed Ledger Technology network. The studio will be part of Qatar’s Digital Assets Lab within the QFC Innovation Dome as part of Qatar’s ‘National Vision 2030’ to accelerate research and development within the digital asset space.”
May 16: KYVE Network representatives announced that the KYVE Grants Program: Phase 0 is now live: “This grant phase offers up to $50,000 in funding per approved grant that utilizes KYVE’s trustless datasets and or tooling,” according to the team.
May 16: Param Labs, an independent game and infrastructure development company behind the game Kiraverse, and 3-D asset creation platform Pixel to Poly, announced a fundraise of $7 million in an investment round led by Animoca Brands. According to the team: “Delphi Ventures, Cypher Capital, Mechanism Capital and other top-tier investors have also joined the seed and private funding rounds. The company has thus incorporated 50+ IP partnerships within its ecosystem, with brands such as Pudgy Penguins, Neo Tokyo, Animoca Brands’ Mocaverse, Pixelmon, as well as retail giants such as GameStop.”
EasyA Consensus Hackathon – Call for Participants
This year, Consensus is hosting its first ever in-person hackathon together with the world’s number 1 Web3 learning app, EasyA. This will be a three-day, multi-chain IRL hackathon with world-class sponsors from Sui to Stellar to Polkadot and beyond, and will attract the world’s best developers to build the future of Web3 and raise funding for their projects.
Projects launched by EasyA alumni are valued at over $2.5 billion. The EasyA Consensus hackathon is going to be 2024’s most important hackathon yet.
We have a few remaining spots left for hackers, so if you’re excited about participating, make sure you sign up here!
Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here. Also please check out our weekly The Protocol podcast.
