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Press Release

Privacy-Oriented Blockchain Aleph Zero Launches Alephoria to Expand its Ecosystem

Aleph Zero

Paid for by Aleph Zero

May 18, 2024

This paid press release is provided by Aleph Zero and was not written by CoinDesk. CoinDesk does not endorse and is not responsible or liable for this content. This press release should not be viewed as part of CoinDesk’s independent news, analysis, research or opinion pieces.

Aleph Zero–the privacy-oriented layer 1 blockchain–is gearing up for a surge of new users with its Alephoria campaign, aimed at expanding its ecosystem through several onboarding activities.

Dozens of teams are actively developing groundbreaking solutions on Aleph Zero, spanning DeFi, web3 identity, liquid staking, RWA tokenization, content creation, and gaming, among other areas. At the heart of this innovation is Aleph Zero–a blazingly-fast blockchain that enables all these advancements through its modular and compliant approach to ZK privacy.

The network offers instant transaction finality with subsecond speeds, powered by AlephBFT, its proprietary consensus mechanism that integrates Directed Acyclic Graph (DAG) technology with Proof of Stake. Moreover, its data confidentiality engine skillfully balances transparency with data protection, aligning with AML/CFT regulations. These fundamental features make Aleph Zero an attractive platform for users, developers, enterprises and regulators worldwide.

Explore Aleph Zero with Alephoria

The Aleph Zero ecosystem is rapidly expanding–and Alephoria is paving the way. The platform is hosting several exciting initiatives:

  • Common Drops– Launching alongside Common AMM—the first mainnet release from Aleph Zero’s DeFi platform—the Common Staking Drops campaign is set to begin on May 21st. Common AMM, a Uniswap-like decentralized exchange, offers a user-friendly trading experience, built-in bridging between Aleph Zero and Ethereum, and incentives for users.
  • DRKVRS–a Web3 multiplayer action RPG game with innovative mechanics, set in a dystopian and brutalist world.
  • Abax–a unique fair lending protocol that incentivizes stakers to participate by allowing them to allocate their tokens for returns within the platform.
  • Upcade–a web3 gaming hub, in which users can participate in the Block Spector Tournament–an FPP game tournament with prizes.
  • Kintsu–a liquid staking protocol. The Testnet implementation is already live while the OG roles that can be already obtained by early users.
  • The Aleph Zero x Galxe Takeover–Users are invited to get to know the Aleph Zero ecosystem through on-chain questing.
  • The Commoners–Users can get a unique NFT from The Commoners collection for token holders.

Users can visit alephoria.com to learn more about the initiatives.

About Aleph Zero

Aleph Zero is a layer 1 blockchain engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via ZKP and MPC, and offers a comprehensive toolset for WASM-based web3 development in Rust. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero programs.

For more information, users can visit Aleph Zero's website or follow Aleph Zero’s Twitter.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.