General Manager<\/strong><\/p>\n\n\n\n Warsaw, Poland, 31st August, 2022, Chainwire<\/strong><\/span><\/p> AngelBlock<\/u><\/a> is a platform dedicated to bringing together vetted, noteworthy crypto and FinTech startups with knowledgeable investors. The aim is to allow frictionless providing of financing and support by investors to new ventures in the crypto, blockchain, and FinTech space focusing on early-stage investments, in a manner that's fully on-chain and decentralized. The team prepares to launch the fundraising platform in Q4 later this year, and they want to support three promising startups with a 90,000 USDT grant program. Winners of the grant will not only get 30,000 USDT each but will also be listed on the platform for fundraising and have access to the core AngelBlock team for mentoring.<\/p>\n There were many reasons for creating AngelBlock. The most important is that the team saw a glaring need to address the friction points for fundraising in crypto. Holdings post-raise are not well decentralized, there\u2019s a lack of transparency and investor protection, not enough emphasis on keeping startups accountable for their milestones, and the obvious problem of VCs dumping on retail even though both parties took part in the same round. In short, AngelBlock wants to generate as much value for investors, startups, and their communities within the digital assets ecosystem.<\/p>\n AngelBlock's mission is to build a community of investors, supporters, and entrepreneurs developing innovation in crypto sustainably. To apply to the AngelBlock Startup Grant Program click <\/b>here<\/b><\/u><\/a>.<\/p>\n For more information and to stay up-to-date follow the team on Twitter<\/u><\/a> or Medium<\/u><\/a>.<\/u><\/p> Dubai, UAE, 30th August, 2022, Chainwire<\/strong><\/span><\/p> Flare Network<\/u><\/a>, the new blockchain that aims to connect everything, has announced the launch of a novel crowdfunding launchpad in partnership with the Swiss blockchain software and infrastructure firm Lena Instruments<\/u><\/a>. CloudFunding is a launchpad that\u2019s designed to bring a new dimension to the concept of crowdfunding, with contributors gaining exclusive access to carefully curated crypto projects and unique benefits, while retaining custody of their principal investment. In current crypto launchpads, contributors simply decide how many tokens they wish to allocate in support of the initiative. CloudFunding contributions instead come from the rewards earned by contributors' wrapped FLR\/SGB capital, a model that ensures contributors will always hold onto their principal investment. Through this unique model, CloudFunding provides one of the most secure and low-risk crowdfunding mechanisms in the crypto industry. Contributors can dedicate anything from 1% to 100% of the rewards their principal generates to fund the projects they believe in, all while retaining their original investment. In return for their contributions, users will have access to an IOU of the project\u2019s token, available before the token generation event, which will be listed by a number of Flare\u2019s decentralized exchange partners. These IOUs can then be freely exchanged without needing to wait for the project\u2019s native token to be distributed. For projects launching on CloudFunding, the major benefit is they receive a regular cash flow that comes in at the end of each reward epoch, and for the entire duration of their community\u2019s contribution. Using this cash flow, CloudFunded projects will have a way to pay their bills, fund development, market themselves and create a long-term business plan while keeping their communities up to date on their progress, deliverables and milestones. They can build greater trust with their communities, with backers assured the peace of mind that comes from knowing they retain custody of their initial principle throughout the process. CloudFunding also provides support such as community forums, networking, legal advice, smart contract audits and other financial services to projects through Lena Instruments\u2019 experts. Moreover, projects are guaranteed instant liquidity through partnering DEXs the moment their CloudFunding campaign concludes. Uniquely among crowdfunding launchpads, CloudFunding campaigns are divided into two periods: the Raise Period and the Yield Period. The Raise Period is where the community is asked to show its support by wrapping and locking their SGB\/FLR tokens in a smart contract, with the aim being to reach a specified Target Amount before a deadline set by the project\u2019s team. Assuming the Raise Period was successful, it will be followed by the Yield Period, during which the rewards generated by the Target Amount will be donated to the project after each rewards epoch. For projects that haven\u2019t yet launched a native token, the token IOUs will be distributed to the community immediately in its place, allowing backers to begin trading it at once. The Yield Period will be specified by the project, and can last for a maximum of five months. At the end of the Yield Period, contributors will automatically receive their original principal plus the project tokens, proportional to the IOUs they hold. On the other hand, if the Raise Period was unsuccessful, the project will not be able to secure CloudFunding and the principle and rewards accrued so far will be returned to the community. Hugo Philion, CEO & Co-founder of Flare<\/b>, said: \u201cCloudFunding is a perfect example of how developers can take advantage of the decentralized data infrastructure built natively into the Flare blockchain. By using the Flare Time Series Oracle as the mechanism for contributing to exciting new projects, CloudFunding creates a win-win-win situation. Flare obtains another FTSO provider that\u2019s highly incentivized to provide accurate price data to the network; new projects get early access to community funding and support; and Flare token holders get the opportunity to join new exciting projects with zero risk to their principal.\u201d Hugo added: \u201cFlare Network recognizes the value of CloudFunding technology in the blockchain space, and is grateful and excited that Lena Instruments has chosen Flare and Songbird to build its CloudFunding platform.\u201d Laura added: \u201cCloudFunding is one of the many products Lena will be releasing over the next few months on Flare and Songbird to improve the public's, projects\u2019, and institutions\u2019 access to this exceptional Layer 1. We would like to thank our partner Flare Networks for the trust they have placed in our team, and promise to continue delivering smart, necessary, safe, fun and user-friendly products to accompany Flare on its way to success.\u201d About Flare<\/b> Flare<\/u><\/a> is a powerful new blockchain built to connect everything. It presents developers with a single, simple, coherent stack on which to build applications that are fully cross-chain capable. Flare\u2019s protocols will provide (1) scalable EVM-based smart contracts; (2) truly decentralized price feeds; (3) secure state acquisition from other blockchains via the first consensus protocol for external data; (4) insured smart contract token bridging; (5) non-smart contract token bridging; (6) secured data relay; (7) horizontal scaling through a fully interoperable multi-chain ecosystem. This will allow developers to serve multiple communities and ecosystems simultaneously through a single deployment on Flare. About Lena Instruments <\/b> Lena Instruments<\/u><\/a> is a leading Swiss IT company providing sophisticated blockchain infrastructure solutions and software. Lena was founded five years ago as a result of the research done at the Swiss Federal Institutes of Technology in Lausanne and Z\u00fcrich, and since then has been successfully delivering solutions to the demanding and highly regulated Swiss\/European IT and banking industries. CloudFunding: Medium: https:\/\/medium.com\/@CloudFundLena<\/u><\/a> Hochiminh, Vietnam, 30th August, 2022, Chainwire<\/strong><\/span><\/p> Calo Metaverse has revealed that its second project will be Calo Indoor, the first application in the world to utilize the Burn-to-Earn (B2E) reward mechanism. The Calo Indoor app also combines AR (Augmented Reality) technology with GameFi elements that are synonymous with web3. Burn-to-Earn is a progression of the Move-to-Earn (M2E) trend which dominated web3 in early 2022. If M2E encourages users to join outdoor physical activities, then B2E does the same for indoor exercise. Calo Indoor encourages users to exercise at home through the Augmented Reality games installed on the smartphone or tablet app. To start practicing, players need to equip a virtual NFT sneaker suitable for each type of exercise. Players can earn valuable rewards for exercising that can be converted into cash such as IFIT tokens, Calo tokens or other items in-game. The Calo Indoor app taps into growing demand for home workouts that don\u2019t require specialist equipment. As more people work from home and spend less time commuting, the home fitness market has expanded rapidly. Calo Indoor is particularly beneficial to residents of urban areas to whom indoor exercise is often preferable and more convenient than outdoor alternatives such as running. Calo Indoor follows Calo Run in being released by the CaloVerse ecosystem. It\u2019s focused on building a system of indoor exercise activities that can be enhanced by AR technology. The two apps that have been released under the Calo brand to date are part of the trend for incentivized fitness apps. The incorporation of AR technology makes for a more immersive and gamified user experience, with rewards mapping closely to the activity performed. About Calo Metaverse<\/b><\/p>\n Calo Metaverse applies blockchain and metaverse (virtual universe) components into health and entertainment products that support wellbeing. CaloVerse is the ecosystem of the Calo Metaverse and is dedicated to sports and lifestyle. Calo Run and Calo Indoor are two projects within CaloVerse. Calo Indoor encourages users to exercise at home through gameplay that combines GameFi and AR.
Grants applications<\/u><\/a> will open on August 31 and close on September 30, 2022. The review process will take about a week, and the winners will be announced on the week of October 10, 2022. The team will consider startups wanting to do a token sale, that are ready to fundraise, and that are willing to raise in USDT, USDC, and\/or DAI on Ethereum. Other terms and conditions may apply and can be found here<\/u><\/a>.
<\/p>\n\"We saw this crypto winter as an opportunity to not only help some promising startups but also as a great way to showcase our unique solution to what we think is one of the biggest blockers in this space\" \u00a0<\/i>says Alex Strzesniewski, AngelBlock CEO.<\/blockquote>\n
What is AngelBlock<\/b>
<\/p>\n\"The easiest way to describe AngelBlock would be to call it a DeFi protocol focused on fixing the problems of fundraising within the space. Our solution works solely on smart contracts and adds much-needed transparency and decentralization to the fundraising process. Investors can vote on startup milestones and track everything on-chain which means governance out-of-the-box from day 1 \u2013 that\u2019s really cool.\" \u00a0<\/i>says COO, Max Torres.<\/blockquote>\n
\nThe team has been building all throughout 2021 and 2022 having launched their AngelBlock NFTs<\/u><\/a> in Q2 2022 \u2013 which will unlock benefits on the platform. The launch of v1.0 of the AngelBlock protocol and platform is planned for October 2022, followed by the $THOL Token Generation Event in the same month.\u00a0<\/p>\n![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/09\/Startup_grant-5_1661954394iOwr0QIPmk-1160x609.jpg\")
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Laura Moreby, Head of Communications and spokesperson for Lena Instruments<\/b>, said: \u201cLena Instruments, being a major token holder in Flare, is of course committed to its long-term success. It is therefore only natural for Lena to utilise its know-how and engineering talent to design new products that we hope will contribute to the development of Flare and appeal to the public. CloudFunding is a modern, decentralised launchpad that will allow the community to support the best possible projects within the ecosystem, having been carefully curated by the platform. Contributors can, without ever having to sell their FLR or SGB, keep up to date with developments, deliverables, and milestones made possible by their contributions.\u201d
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\nWebsite: https:\/\/cloudfunding.xyz<\/u><\/a>
\nTelegram: https:\/\/t.me\/CloudFundingLena<\/u><\/a>
\nTwitter: https:\/\/twitter.com\/CloudFundLena<\/u><\/a>\u00a0<\/p>\n
\nLena Instruments:
\nWebsite: https:\/\/www.lena.tech<\/u><\/a>
\nTwitter: https:\/\/twitter.com\/LenaBlockchain<\/u><\/a>
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\nLearn more about Calo Indoor: https:\/\/indoor.fun\/?utm_source=CaloIndoor_BC<\/u><\/a>\u00a0<\/p>\n
