• 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

UBS Selects Partner for Cryptocurrency Investment Products

chest

UBS is selecting a third-party partner to launch cryptocurrency investment products, focusing on security and regulatory compliance.

user avatarJacob Williams

Institutional Adoption of Cryptocurrency Grows with UBS's Move

chest

UBS's announcement marks a significant step in the ongoing trend of institutional adoption of cryptocurrency, driven by client demand from younger, high-net-worth individuals.

user avatarAndrew Smith

Aave hands over Lens Protocol management to Mask Network.

chest

Aave has transferred stewardship of Lens Protocol to Mask Network, allowing Aave to refocus on decentralized finance while remaining involved in a technical advisory role.

user avatarZainab Kamara

The End of the Talking-to-Earn Era as Platforms Reclaim Control

chest

The recent changes by X have marked the end of the talking-to-earn era, as platforms tighten their control over content production and incentives.

user avatarSon Min-ho

X Revokes API Access for InfoFi Applications, Signaling End of Incentive Model

chest

On January 15, X announced the revocation of API access for InfoFi applications, disrupting the economic foundations of posting-driven incentives.

user avatarAyman Ben Youssef

EFCC Indicts Nine Fintech Companies in 18 Billion Naira Scam

chest

The Economic and Financial Crimes Commission (EFCC) has linked nine fintech and investment-related companies to an 18 billion naira investment scam affecting over 200,000 Nigerians.

user avatarTando Nkube

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.