Kyros Ventures partners up with Raze Network, heading towards cross-chain privacy

Kyros Ventures is happy to be supporting the development of a secure blockchain ecosystem through our partnership with Raze Network. 

Raze Network is a second-layer protocol that will provide cross-chain payment privacy for the entire DeFi stack of the Polkadot ecosystem. The core technical module of the Raze Network is a second-layer anonymous payment for the DeFi ecosystem. This module will be imported as a substrate-based smart contract which will serve as a universal plug-and-play infrastructure for Polkadot which allows the user to hide one’s account address and financial information before participating in the DeFi stack.

Some of Raze’s highlighted products include: 

  • Private Transaction: RAZE token is meant for enabling the privacy of on-chain transactions between the recipient and destination addresses and transfer any token between any blockchain.
  • Secret DeFi Bridge: Users can hide their trading history as RAZE is compatible across all DeFi products, which are fully compatible with Uniswap, AAVE, Compound and DeFi ecosystem on Polkadot and Cosmos
  • Anonymity Mining: The access to the liquidity pool always stays anonymous and secure, to mine RAZE in a truly private way.
  • RazeVM Integration: Allow builders to deploy the privacy-preserving functions with an open protocol connected to all DApps. 

Kyros’s vision aligns with Raze Network regarding the path towards a more secure blockchain ecosystem, providing privacy-conscious users with more powerful tools to make more informed financial decisions, especially when it comes to privacy protection. Kyros will be assisting Raze in executing its development plan to the Vietnamese market. 

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About Kyros

Kyros Ventures is the investment branch of Coin68 Media, the leading cryptocurrency entity in Vietnam. Specializing in incubation and investment, Kyros Ventures is the gateway for international cryptocurrency projects to enter the Vietnamese market, helping them to achieve greater awareness and adoption thanks to its extensive network of partners and communities.

For further information, please visit: https://blog.kyros.ventures

About Raze Network

Raze Network is a Substrate-based, cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi and Web3.0 stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems, while protecting the transparency of your assets and behaviours from surveillance. For further information, please visit: https://raze.network

Kyros Ventures invests in Rage.Fan, uniting sports fans in the decentralized world

Blockchain technology is covering more and more real-life usage, not only in the consumer market but also within the entertainment fields. Fan-based tokens have been the new rising trend for crypto holders who are also interested in sports. Realizing this potential in blockchain’s growth, Kyros Ventures has decided to invest in Rage.Fan, a fan-first fantasy & uNFT sports platform. 

Rage.Fan is a fan-first decentralized fantasy sports platform where players will have the opportunity to acquire action cards based on NFTs to earn additional in-game points. Players will partake in an Augmented Reality based Token hunt platform to collect $RAGE coins. The platform will also host a one-of-kind Sports Oracle offering reliable secure off-chain sports data.

The platform has designed a unique native token system to support the fan-first and simplified user experience with its Rage.Fan token $RAGE. 

Some of the $RAGE token utilities include: 

  • Staking tokens
  • Game mining by earning higher rewards for playing more
  • Social media mining by promoting Rage.Fan
  • Referral mining by referring others
  • Virtual mining by participating in virtual games

Kyros Ventures will be supporting Rage.Fan’s entry into the gaming market by collecting sports fans from across our network in general and in Vietnam specifically. We are highly interested in the idea of applying sports knowledge and awareness to earn advantages in the decentralized world. Kyros looks forward to Rage.Fan’s innovative sports Oracle, uNFTs, and GeoNFTs revolutionize how sports fans engage with the platform.

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About Kyros Ventures 

Kyros Ventures is the investment branch of Coin68 Media, the leading cryptocurrency entity in Vietnam. Specializing in incubation and investment, Kyros Ventures is the gateway for international cryptocurrency projects to enter the Vietnamese market, helping them to achieve greater awareness and adoption thanks to its extensive network of partners and communities.For further information, please visit kyros.ventures

About RageFan

Rage.Fan is a fan-first on-chain fantasy sport and quizzing platform built on blockchain technology, where sports fans can use their skills, knowledge, and situational awareness to earn rewards and feel more connected to the sports they love. Using blockchain technology, Rage.Fan aims to create a permissionless, decentralized, and transparent gaming experience for all sports fans while removing the inherent inefficiencies of traditional centralized applications. For further information, please visit rage.fan

Kyros Ventures invests in XFai’s DeFi oracle

Kyros Ventures announces its strategic investment into XFai, a DeFi platform that aims to challenge the current norm of how tokens are offered to the public, allowing for a fairer, easier, and more transparent way for investors to get on board and benefit through a one-step liquidity mining process.

The venture capital is set to unlock the bustling Vietnamese cryptocurrency market for XFai, inviting a wider community to take part in the upcoming XFai LGE (Liquidity Generation Event).

XFai provides a fundamentally revolutionary idea for investors to get involved in DeFi. The XFai LGE is set to become a new standard within the DeFi space on how to offer the project tokens to the public, leveraging the power of public participation to not compete amongst themselves to get involved, but rather work in harmony to support the project. Moreover, XFai’s DLO (DEX Liquidity Oracle) charts the order book and the liquidity depth on a centralized exchange to adjust the liquidity on a DEX such as Uniswap, creating an efficient environment for traders to participate in the market with minimum slippage. 

Kyros Ventures’ latest involvement in XFai represents the participation of more than one hundred thousand cryptocurrency investors in the Vietnamese market and the wider community. Kyros Ventures comes with a long-running experience in blockchain and marketing, with substantially successful portfolio projects such as Polkastarter, My Neighbor Alice, Serum, and FTX. XFai is Kyros Ventures’ newest involvement in its continued venture in cutting-edge innovations within the DeFi space.

Mr. Thuat Nguyen, CEO of Kyros Ventures shared his views on XFai:

“Decentralized exchanges, the backbone for the DeFi industry, have reached the tipping point with 30-day volume at its ATH of $65B recently. The field yet grows at the fastest pace due to liquidity inefficiency that hinders smaller tokens from merging with the rest of the DeFi ecosystem. By providing a revolutionary liquidity management tool altogether a seamless experience to end-users, XFai’s DEX liquidity oracle reshapes all aspects of decentralized trading space. Kyros strongly believes that XFai will go beyond the frontier of DeFi to pioneer in the future of finance.” 

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About Kyros Ventures

Kyros Ventures is the investment branch of Coin68 Media, the leading cryptocurrency entity in Vietnam. Specializing in incubation and investment, Kyros Ventures is the gateway for international cryptocurrency projects to enter the Vietnamese market, helping them to achieve greater awareness and adoption thanks to its extensive network of partners and communities.

For further information, please visit: www.kyros.ventures

About XFai

XFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DLO is set to invite mid and small-cap tokens to start earning APY on their token holdings, while the XFai LGE is set to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai’s native token, XFIT, is set to launch during the first week of April. We invite everyone to join the DeFi revolution, spearheaded by XFai.

For further information, please visit: www.xfai.com

Kyros Ventures confirms its faith in Decentralized Money Market protocols with the Konomi Network partnership

Interoperable Money Markets, powered by Polkadot

Konomi targets crypto users looking into investing, trading, and managing assets in an efficient way. It is currently deployed as an independent blockchain using the Substrate framework. At launch, it will support functions in trading, deposits, and lending. As the Polkadot parachains are launched and interchain communication protocols live, Konomi could support more financial products specific to the Polkadot ecosystem.

The Konomi IDO is set on 16 March through Polkastarter, and they’re seeking to raise just $200,000, with 0.5% of the total supply being sold. The TGE will be taking place in mid-march, and a public test-net will be launched soon too. 

Kyros will help Konomi enter the Vietnamese markets

Through this collaboration, Kyros Ventures will help Konomi Network make inroads into the Vietnam market and surrounding regions. Specifically, Kyros will leverage our in-depth knowledge and understanding of the Vietnamese crypto communities to introduce Konomi’s asset management solutions to local investors and traders. As TGE grows nearer, Kyros will explore other collaboration opportunities between Konomi Network and our partners’ network both domestically and abroad.

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About Kyros Ventures

Kyros Ventures is the investment branch of Coin68 Media, the leading cryptocurrency entity in Vietnam. Specializing in incubation and investment, Kyros Ventures is the gateway for international cryptocurrency projects to enter the Vietnamese market, helping them to achieve greater awareness and adoption thanks to its extensive network of partners and communities.

For further information, please visit: Kyros.ventures

About Konomi Network

Konomi Network is a decentralized liquidity and money market protocol for cross-chain crypto assets. Its product matrix fulfills user demand in liquidity, borrowing/lending, and more advanced trading products in a decentralized way. KONOMI blockchain is built using the Substrate framework and supports smart contract development to seamlessly integrate with existing DeFi protocols. Konomi offers better blockchain infrastructure due to the base layer consensus, virtual machine, and more scalable system architecture.

For further information, please visit Konomi.network

Kyros Ventures announces collaboration with Umbrella Network (UMB)

Kyros Ventures is pleased to announce our collaboration with Umbrella Network, a community-owned Layer 2 Oracle solution for the DeFi market. Kyros Ventures will walk alongside this potential project as an investor and ambassador to the Vietnamese market. 

One of the biggest challenges that DeFi is facing in the industry is the users’ ability to receive real-time derivative information, including metrics on implied volatility and realized volatility. Without accurate data on-chain, many existing use cases couldn’t exist, and future use cases would be impossible. Thus, empowering blockchains with off-chain data is essential for building a new ecosystem of decentralized finance applications. 

Umbrella Network’s vision heads towards a more scalable, community-owned Oracle, which is not only possible but essential to creating a truly decentralized financial system. Umbrella uses Layer 2 technology to make it scalable while implementing Delegated Proof of Stake to ensure participants are economically incentivized to validate data accurately. 

Furthermore, Kyros Ventures highly appreciate Umbrella’s new approach in its ecosystem. Not all blockchain is willing to place the control into the hands of the community, allowing stakers, developers, and validators to govern how the network operates. The community will own a majority of UMB tokens and will elect nodes to serve as representative governing bodies over the Oracle service. 

Investing in Umbrella Network means investing in the future of DeFi access with a broad array of secure & up-to-date crypto asset data. Thus, Kyros Ventures is happy to be the gate between Umbrella’s oracle and Vietnam’s crypto adoption. We look forward to this new ecosystem where the community will be the key factor to determine the success of the project. 

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About Kyros Ventures

Kyros Ventures is the investment branch of Coin68 Media, the leading cryptocurrency entity in Vietnam. Specializing in incubation and investment, Kyros Ventures is the gateway for international cryptocurrency projects to enter the Vietnamese market, helping them to achieve greater awareness and adoption thanks to its extensive network of partners and communities.

For further information, please visit: https://blog.kyros.ventures

About Umbrella Network

Umbrella Network is a scalable, cost-efficient, and community-owned oracle for the DeFi and blockchain community. Its Layer 2 technology uses the latest advances in Merkle tree technology to write multiple data points on a single on-chain transaction, so it allows for batching data to smart contracts accurately, securely, and inexpensively. Umbrella believes a community-owned oracle is not only possible but essential to creating a truly decentralized financial system.

Stay ahead of our latest updates. Follow Umbrella on http://umb.network