Onboarding – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 24 Aug 2025 05:24:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Onboarding – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 $12-Billion Stablecoin Issuer Says XRP Is Ready For Integration And Onboarding https://earlybirdsinvest.com/12-billion-stablecoin-issuer-says-xrp-is-ready-for-integration-and-onboarding/ https://earlybirdsinvest.com/12-billion-stablecoin-issuer-says-xrp-is-ready-for-integration-and-onboarding/#respond Sun, 24 Aug 2025 05:24:25 +0000 https://earlybirdsinvest.com/12-billion-stablecoin-issuer-says-xrp-is-ready-for-integration-and-onboarding/

XRP is now on the verge of being integrated into the backing of USDe, the $11.8-billion stablecoin issued by Ethena Labs. The company’s risk committee recently confirmed that XRP has passed all thresholds required under its newly launched Eligible Asset Framework, which puts it alongside BNB and HYPE as top candidates for onboarding. 

XRP’s massive liquidity, its market capitalization of over $181 billion, and daily trading volumes comfortably above $10 billion now see it ready to take on a new role in the USDe ecosystem.

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Ethena’s Eligible Asset Framework

Ethena Labs, the company behind the USDe stablecoin, recently introduced the Eligible Asset Framework as a formalized system to expand the collateral options backing USDe. According to an announcement, the framework is based on specific thresholds that assets must meet before gaining approval. 

These thresholds include maintaining over $1 billion in average open interest across two weeks, daily spot trading volumes above $100 million, and perpetual futures volume exceeding $100 million per day. Liquidity requirements are also included, such as a spot order book depth of more than $500,000 and perpetual futures depth above $10 million on a two-week average. 

XRP has cleared all these requirements, which means that it is strong enough from a risk perspective to be considered as part of USDe’s perpetual futures collateral system. 

For years, XRP has maintained its status as one of the most liquid digital assets in the market. Its market capitalization, which is at $181.944 billion at the time of writing, has grown massively in the past year. This has seen it climbing in market cap ranks, and it is now sitting behind only Bitcoin and Ethereum. 

XRPUSD now trading at $3.02. Chart: TradingView

Beyond the numbers, XRP’s deep order books and global trading presence in exchanges in America, Europe, and Asia allow it to handle large transactions without disrupting price stability. This level of liquidity and depth makes XRP an ideal candidate for integration into USDe, which has already been minting hundreds of millions of dollars weekly. For instance, data shows that USDe mints were in excess of 670 million over the past week.

What Does This Mean For XRP?

According to Ethena, XRP, alongside HYPE, has only met all the thresholds and is a candidate for onboarding shortly. Only BNB has been approved as the first new eligible asset  for the perpetual futures portion of the collateral backing of USDe.

If Ethena formally onboards XRP for onboarding, it would become an important expansion of XRP’s utility. It might not be the update expected by XRP holders, but this development could open a new chapter in the cryptocurrency’s utility and adoption.

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Simultaneously, Ripple’s US dollar-pegged RLUSD, has had its own success in the stablecoin market. So far, RLUSD has crossed a market capitalization of approximately $680 million within its first seven months and continues to grow. Moreover, Ripple is extending RLUSD’s global presence by partnering with SBI VC Trade to bring it to the Japanese market by early 2026.

At the time of writing, XRP is trading at $3.02, up by 6.5% in the past 24 hours.

Featured image from Virtune, chart from TradingView

]]> https://earlybirdsinvest.com/12-billion-stablecoin-issuer-says-xrp-is-ready-for-integration-and-onboarding/feed/ 0 54834 Consensys Acquires Web3Auth to Reinvent MetaMask Onboarding https://earlybirdsinvest.com/consensys-acquires-web3auth-to-reinvent-metamask-onboarding/ https://earlybirdsinvest.com/consensys-acquires-web3auth-to-reinvent-metamask-onboarding/#respond Mon, 02 Jun 2025 17:21:11 +0000 https://earlybirdsinvest.com/consensys-acquires-web3auth-to-reinvent-metamask-onboarding/

Consensys, the Ethereum infrastructure company behind the popular MetaMask wallet, said it has acquired Web3Auth, a provider of wallet infrastructure, in a move aimed at improving usability and developer accessibility across its platforms.

Financial terms of the deal were not disclosed.

The acquisition is designed to modernize MetaMask’s onboarding experience and tackle one of the most persistent challenges facing self-custodial crypto wallets: seed phrase management. According to Consensys, internal data indicates that 35% of MetaMask users fail to back up their seed phrases — a key vulnerability that can result in permanent loss of funds.

Web3Auth’s technology, already integrated across some 8,200 decentralized applications, offers login and recovery tools that mirror Web2-style user flows. With this integration, MetaMask users will have the option to access wallets without relying solely on seed phrases, aligning with a broader industry push toward “account abstraction” — the idea that crypto wallets should offer the same ease of use and safety nets found in traditional apps.

“This integration enhances MetaMask’s capabilities significantly, embodying our belief that the best Web3 wallets will seamlessly integrate infrastructure that supports a wide range of empowering features,” said Joseph Lubin, chief executive of Consensys and a co-founder of Ethereum. “These include frictionless onboarding, customizable interfaces, extensive ecosystem connectivity reminiscent of a mycelium network, configurable security for varying needs, and maximal protections in high-security contexts.”

The acquisition also targets developers building within the MetaMask ecosystem. By incorporating Web3Auth’s embedded software development kits (SDKs), Consensys said it aims to simplify the developer experience and offer more flexible tools for integrating blockchain into consumer-facing applications.

“The future of using web3 is going to be full of embedded wallets that enable blockchain integrations to be nearly invisible, and minimize user interactions to the meaningful ones,” said Dan Finlay, the co-founder of MetaMask, in the press release. “Together, we think we can help build the best of both worlds: a decentralized web that is invisible as much as it can be, but can show up when a user is ready to tap into its power.”

Read more: Ethereum Upgrade Could Make It Harder to Lose All Your Crypto

]]> https://earlybirdsinvest.com/consensys-acquires-web3auth-to-reinvent-metamask-onboarding/feed/ 0 39738 aZen Secures $1.2M Seed Round and Web3 Grants to Build DePIN for Ubiquitous AI after onboarding 600k users https://earlybirdsinvest.com/azen-secures-1-2m-seed-round-and-web3-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600k-users/ https://earlybirdsinvest.com/azen-secures-1-2m-seed-round-and-web3-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600k-users/#respond Fri, 02 May 2025 11:31:08 +0000 https://earlybirdsinvest.com/azen-secures-1-2m-seed-round-and-web3-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600k-users/

May 2nd, 2025 – Auckland, New Zealand

Web3 infrastructure project backed by Waterdrip Capital and Royal Front aims to transform global AI computing with decentralized edge resource integration and scalable tokenized computing.

aZen, the decentralized AI-native computing infrastructure for Web3, announced it has raised $1.2 million in seed funding led by Waterdrip Capital, alongside participation from DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Lab, DePIN-X, and ODIG.

In addition, aZen’s holding company has secured a $40 million equity investment from UAE-based Royal Front LLC to drive long-term expansion and ecosystem development.

“We are excited to back aZen’s vision of decentralized computing for the AI era,” said Jademont, CEO of Waterdrip Capital. “The team’s approach to combining DePIN with AI optimization has the potential to reshape how data, compute, and economic incentives align on a global scale.”

aZen has also been awarded strategic Web3 grants from Peaq, ICP, and Swarm, strengthening cross-chain collaboration and unlocking new integrations for decentralized physical infrastructure (DePIN) networks, enhancing liquidity, and expanding AI application reach across ecosystems.

“This is a defining moment for aZen,” said Felix Xia, CEO of aZen. “With the support of world-class investors, strategic grants, and ecosystem partners, we are scaling a truly decentralized computing infrastructure that empowers the next era of AI-driven applications. Our goal is to unlock the full potential of Ubiquitous AI — making intelligent services accessible, efficient, and decentralized.”

 Rapid Traction and Ecosystem Growth

Since its soft launch, aZen has demonstrated extraordinary momentum:

  • 600,000+ app downloads (aZen Hub)
  • 360,000+ monthly active users (MAU)
  • 80,000+ active nodes on DePIN Lite testnet

These achievements position aZen as one of the most rapidly growing players in the DePIN sector, delivering decentralized, intelligent compute for AI agents, dApps, and enterprise applications.

Product Suite and Technology

aZen’s ecosystem includes:

  • ZenHive — Commercial-grade edge device providing scalable AI, data analytics, and customer acquisition services for businesses.
  • SocialFI AI Agent — Curates and amplifies high-value user-generated content across Web3 social platforms.
  • DeFAI — Integrates AI into DeFi, optimizing staking, credit scoring, and liquidity management with intelligent agents.

Core innovations include transforming computing, AI, and applications into dynamic fractional NFTs (dfNFTs), enabling tokenization, leasing, and execution; intelligent compute resource scheduling; and privacy-preserving data processing for AI models.

Market Vision

With the rise of decentralized AI, the demand for scalable, distributed computing has exploded — yet current infrastructures lack the interoperability, scalability, and economic incentives required to power AI at global scale.

aZen is addressing this gap by building a universal DePIN layer that connects underutilized edge devices, cloud resources, and AI workloads through smart contract automation, unlocking new economic value for businesses, developers, and everyday users.

Strategic partnerships with Zenlayer (Tier 1 IaaS, 300+ datacenters worldwide) and ecosystem collaborators such as ICP, Peaq, and Swarm further strengthen aZen’s ability to deliver cross-platform DePIN resource sharing and liquidity.

About aZen

aZen is the decentralized computing protocol for Ubiquitous AI. By transforming computing, AI, and applications into tokenized, on-demand services, aZen delivers a scalable, interoperable foundation for decentralized AI agents, dApps, and enterprise use cases.

Website: https://azenprotocol.io

Social Media: https://x.com/azen_protocol and https://www.linkedin.com/company/azenprotocol

Contact

COO
Alessandro Venè
aZen
admin@azenprotocol.io

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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]]> https://earlybirdsinvest.com/azen-secures-1-2m-seed-round-and-web3-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600k-users/feed/ 0 33974 Somnia’s High-Speed Blueprint: Onboarding Millions of Gamers to Web3 https://earlybirdsinvest.com/somnias-high-speed-blueprint-onboarding-millions-of-gamers-to-web3/ https://earlybirdsinvest.com/somnias-high-speed-blueprint-onboarding-millions-of-gamers-to-web3/#respond Mon, 17 Feb 2025 08:41:16 +0000 https://earlybirdsinvest.com/somnias-high-speed-blueprint-onboarding-millions-of-gamers-to-web3/

Somnia, a Layer-1 blockchain focused on high-demand consumer applications, has unveiled a plan to bring millions of traditional gamers onto the blockchain. At the core of this strategy is Somnia’s ability to handle more than 400,000 transactions per second (TPS), a level of speed that can support those gamers without causing slowdowns. Its developers have also announced a $10 million grant program to encourage talented teams to build games and applications on the network.

One of the reasons Somnia Gaming can handle large-scale games is the strong performance shown on its devnet. These tests have demonstrated super fast transaction times and reliable scalability, which Somnia aims to replicate on the mainnet. By making sure that onchain actions happen instantly, Somnia wants to put an end to common blockchain problems like network congestion and expensive fees.

Building Reactive Games for Real-Time Experiences

A standout feature of Somnia is its emphasis on “reactive” applications—games or apps that automatically react to both real-world and onchain events, sidestepping the need for third-party services. With more traditional blockchains, developers often rely on off-chain systems to set up features like quest rewards or real-time game events.

Somnia eliminates this extra step by offering built-in events, timers, and verifiable randomness, all running directly on the blockchain. This approach keeps costs low, reduces coding complexity, and preserves decentralization. Moreover, these enhancements open the door to dynamic, real-time applications like games, predictive markets, and event-driven advertising.

Source Somnia

Breaking Free from Technical Barriers

Somnia can handle more than 400,000 transactions per second (TPS), combined with sub-second finality and sub-cent fees. This high-performance setup allows developers to explore new horizons in Web3 gaming by creating large virtual worlds, enhanced graphics, and more immersive storylines—all of which can be fully recorded onchain. And, with those built-in reactive features, Somnia’s L1 is poised to handle the fast-paced demands of real-time gaming.

Paul Thomas, the founder of Somnia, emphasized the importance of breaking free from past constraints: “Blockchain gaming has been held back by technical limitations for too long. With Somnia, we’re giving developers the tools they need to create real-time, scalable games that players will love. This is the start of a new chapter for web3 gaming.”

Along with its high throughput and low costs, Somnia aims to eliminate hurdles like gas wars and steep fees, both of which have discouraged many developers and players from trying blockchain games. The project also offers in-house engineering support for those building on the network, covering everything from core development to dapp and game design.

Finally, and tying its plan together is Somnia’s $10 million Grant Program. This funding is meant to help GameFi creators move ideas from early sketches to fully developed games. The $10 million grant program also equips developers with the resources and support they need to bring innovative on-chain applications to life.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

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