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

Starshash Strengthens DeFi Ecosystem with TON Ventures and DWF Labs Partnerships

user avatar

by Giorgi Kostiuk

a year ago


Significant changes have occurred in the world of decentralized finance (DeFi) with Starshash's new strategic partnerships with TON Ventures and DWF Labs.

Starshash and Innovations in Mining

Starshash is a mini-app on Telegram that redefines mining and token distribution through fairness and transparency. It uses an adapted Ethash algorithm, allowing users to mine tokens on personal devices or dedicated servers. Since its launch in December 2023, the platform has attracted over 1 million users and processed more than 34 million Star tokens (~$500,000).

TON Ventures Support

TON Ventures has invested in Starshash by acquiring mining power and creating a TON Ventures node, thus enhancing transparency. This partnership helps set new standards for token launches. Inal Kardan, partner at TON Ventures, noted: "Projects like Starshash, in our opinion, stand out as promising ways to launch new tokens in 2025."

Projects like Starshash, in our opinion, stand out as promising ways to launch new tokens in 2025.Inal Kardan

DWF Labs Participation

DWF Labs actively participates in Starshash's mining infrastructure, supporting decentralization and transparency. This participation demonstrates the company's commitment to creating equal opportunities for all participants. Andrei Grachev, managing partner at DWF Labs, emphasized: "We are proud to support Starshash, a project that exemplifies the innovative potential of Web3 and decentralized ecosystems."

We are proud to support Starshash, a project that exemplifies the innovative potential of Web3 and decentralized ecosystems.Andrei Grachev

New partnerships help Starshash strengthen its infrastructure and further development in the DeFi space, ensuring fairness and accessibility.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana's Quantum Readiness Strategy Under Scrutiny

chest

Solana's quantum readiness strategy is under scrutiny following Anatoly Yakovenko's comments on the need for a multi-scheme approach to enhance security against AI threats.

user avatarLeo van der Veen

South Korean Exchanges Win Temporary Relief from Regulatory Sanctions

chest

Three major South Korean crypto exchanges, Upbit, Bithumb, and Coinone, have secured temporary court relief from sanctions related to existing anti-money laundering requirements.

user avatarLi Weicheng

Anatoly Yakovenko Raises Concerns Over AI's Impact on Post-Quantum Cryptography

chest

Solana cofounder Anatoly Yakovenko warns that AI could expose vulnerabilities in post-quantum signature schemes, emphasizing the need for a robust security design.

user avatarMaya Lundqvist

DAXA Challenges New Anti-Money Laundering Regulations in South Korea

chest

DAXA opposes proposed changes to South Korea's anti-money laundering regulations, citing concerns over excessive reporting requirements.

user avatarAisha Farooq

MoneyGram's Stablecoin Service Expands to Colombia and El Salvador

chest

MoneyGram has launched its stablecoin service in Colombia and expanded to El Salvador, providing financial solutions for underserved markets in Latin America.

user avatarTenzin Dorje

Stellar Network Surpasses 1 Billion in Real-World Assets

chest

The Stellar network has crossed the 1 billion mark in real-world assets, indicating significant growth and momentum.

user avatarBayarjavkhlan Ganbaatar

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.