• 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

2 years 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

CZ Zhao Issues Warning on Hardware Wallet Security Following Major Exploit

chest

CZ Zhao warns cryptocurrency owners about hardware wallet vulnerabilities following a major exploit that resulted in significant losses.

user avatarEmily Carter

Upbit Conducts Major Internal Wallet Reorganization of SHIB

chest

South Korean exchange Upbit has reorganized 864 billion SHIB across its internal wallet addresses as part of a standard internal rebalancing process aimed at managing liquidity and security.

user avatarTomas Novak

Avalanche Staking Value Reaches $20.477 Billion

chest

Avalanche's staking value has reached approximately $20.477 billion, indicating strong network participation.

user avatarMaya Lundqvist

Helicon Upgrade Activated on Fuji Testnet

chest

The Helicon upgrade has been activated on the Fuji testnet, marking a significant step in Avalanche's development.

user avatarKaterina Papadopoulou

Avalanche Awards Grant to YourGrails for Tokenization of Physical Trading Cards

chest

Avalanche's Team1 Accelerator awarded a $30,000 grant to YourGrails for tokenizing physical trading cards, supporting the growth of the real-world asset ecosystem.

user avatarLeo van der Veen

Aave Governance Considers Wind Down of Low-Use V3 Markets

chest

Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves to reduce operational complexity.

user avatarLi Weicheng

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.