• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Starhash Announces Strategic Alliances with TON Ventures and DWF Labs for New Decentralization Level

user avatar

by Giorgi Kostiuk

a year ago


Starhash, an innovative mini-app on the Telegram platform, announced strategic partnerships with TON Ventures and DWF Labs. These alliances mark a significant step in the field of decentralized finance.

Starhash Innovative Platform

Starhash operates within Telegram and optimizes token distribution methods, making them more accessible and fair. Since its launch in December 2023, the platform has attracted more than one million users. The core of Starhash's operations is based on an adapted Ethash algorithm and decentralized token distribution system.

TON Ventures' Role in Starhash Development

TON Ventures invested in Starhash, providing hashing power within the ecosystem and distributing all validator incentives to users, setting new standards for token launches and decentralized distribution. According to Inal Kardan, TON Ventures partner, the project stands on the verge of significant success.

Projects like Notcoin and DOGS have already proven the potential of Telegram and TON games. We are confident in Starhash's success and believe in the opportunities this project offers.Inal Kardan, TON Ventures partner

DWF Labs' Contribution to the Project

DWF Labs has played a significant role in developing Starhash by providing dedicated mining infrastructure. This partnership underscores the company's commitment to supporting decentralization and transparency principles in the blockchain.

We are proud to support Starhash, a project that demonstrates the innovative potential of Web3 and decentralized ecosystems.Andrei Grachev, Managing Partner of DWF Labs

Starhash's partnerships with TON Ventures and DWF Labs indicate that the project is on the path to leading the decentralized finance space. The planned support and alliances help develop infrastructure and contribute to the mass adoption of decentralized technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Latent Profits in Bitcoin Market Dwindle Amidst Correction

chest

Analysis by Darkfost reveals that Bitcoin's Net Unrealized Profit/Loss (NUPL) metric indicates a significant decline in latent profits, suggesting a bear phase.

user avatarMaria Gutierrez

Bitcoin Price Stabilization Signals Caution for Investors

chest

Market expert Joao Wedson suggests that now is not the ideal time to buy Bitcoin despite signs of stabilization in onchain metrics.

user avatarDavid Robinson

Future Projections for XRP's Price Movement

chest

Hov outlines potential future price targets for XRP, suggesting a bullish outlook if certain conditions are met.

user avatarAndrew Smith

FOCIL Protocol to Strengthen Ethereum's Scaling Efforts

chest

The FOCIL protocol is set for inclusion in Ethereum's scaling roadmap, aiming to enhance the network's throughput and reduce reliance on validator altruism.

user avatarJacob Williams

Ethereum Enters Phase of Structural Reconstruction

chest

Ethereum is transitioning from incremental upgrades to a more fundamental transformation of its core architecture.

user avatarZainab Kamara

Parsec Analytics Firm Shuts Down After Five Years

chest

Onchain analytics firm Parsec has announced its closure after five years in the business, signaling a significant shift in the crypto tool market.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.