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MFEV Achieves 100% Sell-Out in Seed & Private Round ICO, Selling 125 Million MFEV Coins and Raising $10.25 Million

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4 months ago

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Dubai, UAE, 13 Sep 2024, ZEX PR WIRE, MFEV, an emerging leader in the Web3 space, is proud to announce that it has successfully sold out its Private Round ICO, raising an impressive $8 million. This milestone comes on the heels of a successful Seed Round, where the company raised $2.25 million, bringing the total amount raised so far to $10.25 million. A cumulative total of 125 million MFEV coins have been sold between the Seed and Private Rounds, reflecting strong investor confidence in MFEV’s vision and long-term potential in the digital asset market.

Strong Market Response and Investor Support

The Web3 market is known for its volatility and the challenge of securing investor trust, especially in early-stage projects. MFEV’s ability to fully subscribe its Private Round is a testament to the robustness of its business model, the appeal of its technology, and the growing market interest in its offerings. The Seed Round saw the sale of 45 million coins, raising $2.25 million, while the Private Round sold 80 million coins, adding another $8 million to the total raised. The overwhelming response and rapid sell-out of these rounds underscore the market’s confidence in MFEV’s ability to deliver on its promises.

We are immensely grateful to our investors for their trust and support in this journey, said Team at MFEV. The overwhelming response to our Private Round ICO underscores the market’s confidence in our project and its future prospects. We are excited to continue this journey with the backing of a strong community of investors who share our vision for the future of digital finance.

Key Achievements So Far

  1. Successful Fundraising Across Seed and Private Rounds: MFEV has managed to raise $10.25 million through its Seed and Private Rounds, demonstrating strong interest from both early-stage and private investors. The company sold a total of 125 million MFEV coins across both rounds, which reflects the substantial demand for the platform’s native token.
  1. Robust Investor Confidence: The fact that MFEV’s Private Round sold out so quickly highlights the market’s confidence in the company’s strategy and future growth potential. Investors have shown significant interest in MFEV’s innovative solutions and roadmap.
  1. Momentum Heading into the Next Round: The successful closure of the Private Round sets a strong precedent for the next phases of the ICO. MFEV is well-positioned to maintain momentum as it heads into its upcoming public rounds, details of which will be announced shortly.

 

Plans for the Next Phase

MFEV’s ICO journey is far from over. Following the success of the Private Round, the company is now preparing for the next phase of its fundraising efforts. The upcoming rounds will provide more opportunities for both institutional and retail investors to participate in MFEV’s growth. The funds raised will be used to further develop MFEV’s platform, expand its user base, and accelerate product innovation to ensure that it remains at the forefront of the rapidly evolving Web3 landscape.

Strategic Use of Funds

The proceeds from the ICO will be strategically allocated to fuel MFEV’s growth and development plans. Key areas of focus include:

– Platform Development: Continued enhancement of MFEV’s technology stack, with a focus on scalability, security, and user experience.

– Marketing and Community Building: Expanding MFEV’s global reach through targeted marketing campaigns and community engagement initiatives.

– Strategic Partnerships: Forging partnerships with key stakeholders in the crypto and blockchain ecosystem to bolster MFEV’s market position and accelerate adoption.

Gratitude to the Investor Community

MFEV acknowledges the critical role of its investors in this journey and extends its deepest gratitude to all who participated in the Private Round. The company remains committed to building a robust, transparent, and high-value platform that meets the expectations of its investor community.

This achievement is just the beginning, added Mr Rovinder Singh and Mr. Happy Shekh, Co-Founders of MFEV. We are committed to driving forward with the same level of dedication and innovation that has brought us this far. Our investors are our partners, and together, we will continue to push the boundaries of what’s possible in the world of digital finance.

About MFEV

MFEV is a forward-thinking Blockchain platform that aims to revolutionize the digital asset space through innovative technology and a strong commitment to its community. MFEV’s mission is to make digital finance accessible, secure, and profitable for everyone, and its ICO rounds are a critical step in achieving this vision.

For more information about MFEV and details about the next rounds of the ICO, please visit: https://www.mfev.io/

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Press Release

SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE

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10 hours ago

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January 11, 2025

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Dr. Thomas Luke, Ph.D., received a double nomination for the prestigious 2025 Nobel Prize in Peace and Literature.

Prof. Luke’s articles have appeared in peer-reviewed academic journals including The Doctrine of Eternal Security: A Reflection on Perseverance of the Saints and Geography of the Bible: Exploring the Physical and Historical Context of the Old Testament Scriptures.

The Least of These, second edition: has received the 2025 Nobel Prize in Peace Nomination, and his Ph.D. dissertation, Transformational Theology, has also recently been nominated for the 2025 Nobel Prize in Literature Nomination.

“I am humbled to have been nominated for such a prestigious prize, even if I do not win. I also want to thank my loving wife and ministry partner Johana for being another great blessing in my life.

Luke and his wife Johana Carolina Sopacua, MA work together as ministry partners in Bali, Indonesia where they were recently married in October 2024. The nominations for the Nobel Prize in Literature and Peace serve to underscore their dedication to doing good works the world over.

For more information, please visit Dr. Luke’s website: DrLuke.tv  

About the Nobel Prize Organization

The Nobel Foundation is tasked with a mission to manage Alfred Nobel’s fortune and has ultimate responsibility for fulfilling the intentions of Nobel’s will.

www.nobelprize.org

Media Contact

Organization: DrLuke.tv

Contact Person: Dr. Thomas Luke, Ph.D.

Website: https://drluke.tv/

Email: Send Email

Contact Number: +17868330570

City: Miami

State: Florida

Country: United States

Release Id: 11012522419

The post SCHOLAR RECEIVE NOMINATIONS FOR A NOBEL PRIZE IN PEACE AND LITERATURE appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Riema Labs Inc. (Nubit) Unveils Goldinals: The Unified Protocol for Bitcoin Assets

Published

12 hours ago

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January 11, 2025

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Summary: Riema Labs Inc. (Nubit) introduces Goldinals, a Bitcoin-native token protocol designed to unify fragmented asset standards, enable programmability, and bring trustless innovation to Bitcoin.

Grand Cayman, Cayman Islands – Bitcoin’s growing ecosystem has given rise to various meta-protocols like BRC-20, Ordinals, and Runes, creating a fragmented and often inefficient environment for digital assets. Riema Labs Inc. (Nubit), a pioneer in Bitcoin-native infrastructure, has unveiled Goldinals, a unified protocol for Bitcoin assets, a trust-minimized fungible token standard that promises to unify these protocols and bring advanced programmability to Bitcoin, all while adhering to Bitcoin’s core principles of security and decentralization.

What Is Goldinals?

Goldinals is a unified protocol for Bitcoin assets.

Bitcoins unmatched security has solidified its dominance, but its lack of global state and native programmability has limited its utility for asset issuance. Protocols like BRC-20 and Ordinals rely on off-chain indexers, introducing inefficiencies and trust issues.

Goldinals eliminates these pain points by bringing two advancements:

  1. A unified, trust-minimized protocol that allows seamless interoperability across existing standards like BRC-20, Ordinals, Runes, and CAT. Developers no longer need to design fragmented, one-off solutions for new assets.
  2. Native programmability powered by BitVM, enabling the on-chain execution of advanced logic such as token gating, multi-signature wallets, and conditional transfers–all without sacrificing Bitcoin’s core principles of security and decentralization.

For developers, Goldinals offers an ERC-20-inspired API—Deploy, Mint, Transfer, and Burn–making it intuitive to create scalable applications. For users, Goldinals ensures that all operations are validated directly on-chain, delivering a seamless, secure, and unified experience for Bitcoin-native assets.

Unifying Bitcoin’s Asset Ecosystem

Bitcoin’s asset ecosystem has become a tangle of competing protocols, each with its strengths and limitations. BRC-20, for example, enabled native tokens on Bitcoin but relies heavily on centralized indexers for state management, creating vulnerabilities. Ordinals revolutionized data inscription but offers limited programmability. Other protocols, like CAT, require changes to Bitcoin’s consensus rules, which makes widespread adoption impractical.

Goldinals solves these problems by unifying Bitcoin’s asset ecosystem into a single standard that combines compatibility, security, cost-efficiency and scalability. Key features include:

  • Full compatibility with existing protocols like BRC-20 and Ordinals, ensuring that developers don’t need to reinvent the wheel to build new features.
  • Interoperability across applications, enabling seamless integration of both current and future innovations.
  • Trust minimization, achieved by validating every operation directly on Bitcoin using zero-knowledge proofs (ZKPs) and BitVM, eliminating reliance on centralized services or external indexers.
  • Reduced transaction costs and improved scalability, powered by ZKPs for state compression and BitVM for off-chain computation. This ensures even complex operations are efficient, cost-effective, and secure.

Goldinals creates an environment where wallets, exchanges, and developers can operate without fragmentation, turning Bitcoin into a cohesive platform for decentralized finance, token issuance, and programmable assets.

Goldinals: The Gold Standard for Bitcoin Assets

Goldinals doesn’t merely address Bitcoin’s current challenges–it redefines its future. By combining trust minimization, native programmability, and ecosystem unification, Goldinals enables applications and assets that were previously unimaginable on Bitcoin. From trustless crowdsales to DeFi protocols, Goldinals is paving the way for Bitcoin to become the ultimate platform for decentralized innovation.

As Bitcoin’s ecosystem continues to expand, Goldinals is set to become the definitive standard for fungible tokens, driving adoption and innovation across the network.

To learn more about Goldinals and explore the full research, check out the detailed whitepaper here: https://www.nubit.org/Goldinals.pdf

About Riema Labs Inc. (Nubit)

Building the Trustless World Computer for Bitcoin.

Founded by UCSB professor Yu Feng, Riema Labs Inc. (Nubit) is building the Trustless World Computer for Bitcoin, enabling open scaling through Bitcoin-native technology. Riema Labs Inc. (Nubit) lets developers build any native application, onboarding the world to Bitcoin. Backed by Polychain.

X (Twitter): https://x.com/Nubit_org

Linktree: https://linktr.ee/Nubit_org

Company Name: Riema Labs Inc.

Contact Person: Xavier Teh

Contact Email: Xavier@riema.xyz

Website Link: https://www.nubit.org/

Company Logo: Riema Branding Resources

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Press Release

BitRivals Announce Initial Alpha Offering in AlphaLauncher.io – A Whole New Generation of Web3 Gaming

Published

15 hours ago

on

January 11, 2025

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BitRivals, the revolutionary Web3 gaming platform, will have an Initial Alpha Offering via AlphaLauncher.io on January 13, 2025, at 2 PM UTC. This date represents a new important milestone in BitRivals’ quest to rewrite gaming rules, allowing users to join a decentralized, player-centric ecosystem. It is here to introduce the new play-to-earn model, where actual rewards for gaming are possible and give ownership of in-game assets in ways never seen before.

                 

The BitRivals IAO occuring on January 13, 2025, at 2 PM UTC on AlphaLauncher.io. The total raise is $200,000, and the IAO will be in the USDC. One token will be sold for $0.01. The offering will be on the Base blockchain, and participants can buy up to $999 per wallet. There will be a structured vesting schedule: 20% of the tokens at the TGE, then a 15-day cliff, then linear vesting over the next five months. More than that, BitRivals provides a 24-hour ClaimBack policy, which makes the platform very flexible and game-fair to every participant.

What’s special about BitRivals?

BitRivals is not just another Web3 gaming platform; it’s a different paradigm regarding how users interact with these digital ecosystems. BitRivals focuses on just three basic principles of change that will alter how users experience gaming:

Ownership redefined through the implementation of blockchain technology, BitRivals hands over to players complete ownership over all their in-game assets. In full tokenization of assets, one can trade, sell, or keep them in ownership at any moment. The amount of control placed in a player’s hands thus re-positions it to assume an authoritative stance above the dictations that traditional game models often bring on in-game.

BitRivals uses the FCFS model with no restrictions so that anyone can participate in the IAO. The processes are so uncomplicated and open that whether one is a fresh beginner or an old hand at Web3 has little bearing on this, so let it be all-inclusive.

A Seamless Experience for Participants

Events such as the IAO will take place on AlphaLauncher.io, one of the more trustable platforms for blockchain-based token launches. Users seeking to participate in the BitRivals IAO are invited to follow the simple steps:

  • Visit AlphaLauncher.io: Head to the platform’s website to get started with the IAO registration process.
  • Setting up your wallet on the base chain: Ensure your wallet is set to interact with the Base blockchain, which hosts the BitRivals ecosystem.
  • Learn More About BitRivals: To learn about the game, ecosystem, and many other things, check out the website BitRivals. 
  • Join on January 13th, 2025, at 2 PM UTC: Be prepared to purchase BitRivals tokens when the IAO goes live.

How to Get Involved:

For more information about the IAO, interested parties can visit AlphaLauncher.io for more details and preparation for the January 13 launch. To learn more about the BitRivals platform, its roadmap, features, and vision for the future of gaming, visit the BitRivals official website at: https://bitrivals.com 

About BitRivals

BitRivals is a gaming powerhouse that enables gamification powered by Web3. Its main core can empower every player with real rewards and possession over their virtual items. At the core of the BitRivals initiative lies an offer of value that will break new ground in decentralization for players and industry developers while cultivating a truly player-centric environment in gaming.

About AlphaLauncher.io

AlphaLauncher.io is one of the top-notch launchpads, home to some of the most innovative projects leading in Web3. Embodying a high level of transparency, security, and end-user experience, AlphaLauncher.io will provide full support in enabling game-changing initiatives such as BitRivals.

For more information, please refer to AlphaLauncher.io and BitRivals’ official website.

Press Contact:

Spencer Kolssak

Manchester UK

bitrivals.app 

hello@bitrivals.app 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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