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Pixel Realm, a well-known gaming platform, has recently announced an exclusive initial non-fungible token offering. As per the company, it is commencing the sale of Daosis Sapphire Maestro NFTs, giving a chance to the participants to for minting the tokens on Pixel Realm. On its X account, the firm revealed the details of the respective endeavor.

https://twitter.com/PixelRealmlabs/status/1789626686377459873?t=OTT7uFlndZM0nB1yl-7yWg&s=19

Pixel Realm Commences the Sale of Its Daosis Sapphire Maestro NFTs In a blog post covering this development, Pixel Realm disclosed May 13th as the date for the NFT sale. It added that Oasis Sapphire EVM would power the initial launchpad “Daosis.” As per it, Oasis Sapphire EVM operates as a flourishing community ecosystem and welcomes participation. In addition to this, it strengthens its participants to build its future. Daosis comprises a couple of dynamic components that contribute to a remarkable experience.

According to the platform, it will sell twenty non-fungible tokens via the closed-bid auction. The respective NFTs play the role of the keys to reach Daosis Launchpad’s Tier Sapphire Mestro. The cost to access Tier Sapphire Maestro is up to $3,000 in terms of DSS coins. The non-fungible token has the exact intrinsic value. Nonetheless, the participants may buy it for less via an auction.

While discussing the chief features of the project, the company noted that it ensures access to a prominent launchpad tier. Additionally, it ensures greater allocation concerning IDOs on the launchpad. Moreover, the wallet containing the non-fungible token is qualified to have revenue shares.

Apart from that, such a wallet can also bear community rewards. That’s not all as it can also receive launchpad rewards. Furthermore, the consumers can also sell the NFT. Following the transfer, just the latest wallet comprising it will be able to reach Tier Sapphire Maestro.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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Oasis, a privacy layer dealing with artificial intelligence and Web3, has announced a new project. As per the platform, it is unveiling a unique framework ‘ROFL’ to provide computing support concerning off-chain mechanisms to runtimes such as Oasis Sapphire. The company took to social media to offer details of this endeavor.

Oasis Unveils a Unique Framework called ‘ROFL’ for Improved Off-Chain Computing Support In its latest series of X posts, Oasis mentioned that the platform intends to start decentralized AI. For this purpose, it is reportedly creating ROFL. Blockchains are innovative in their capability to offer trustless computation. Nonetheless, the consumers can do limited things on-chain. Keeping that in view, a question arises about the expansion of the computation abilities concerning blockchain technology.

We’re on a mission to pioneer decentralized AI 🚀

This is why we’re developing ROFL, a framework that adds computing support for off-chain components to runtimes like Oasis Sapphire

This is a game-changer

Here’s why: 🧵👇 pic.twitter.com/jfZV1S6tTO

— Oasis (@OasisProtocol) July 17, 2024 Particularly, this takes into account the provision of physical infrastructure and the development of oracles for streaming data assets. In addition to this, it also includes the development of representations of physical real-world assets. Hence, the advent of ROFL provides a solution for these things. ROFL is the full form of runtime off-chain logic. It takes off-chain components to the on-chain environment.

In this respect, it carries out remote attestation as well as proofs to use the trust and security of Oasis. With this endeavor, the users can enjoy improved verifiability, trust, and privacy. The project has significant potential for development. It deals with chain abstraction, in-depth defense, and decentralized artificial intelligence training of oracles.

The Initiative Targets Eliminating the Limitations of On-Chain Computations Hence, the innovative approach focuses on addressing the limitations that the on-chain computations face. It opens a broad series of cutting-edge possibilities to revolutionize blockchain technology. The capabilities of the blockchains are often restrained by the limitations of on-chain processing. Therefore, to solve this issue, ROFL has profound implications.

It transforms the blockchain’s efficiency when it comes to building. It enables everything such as unconventional AI agents along with self-directing collections of non-fungible tokens. This improved flexibility and composability denotes a new epoch of complexity and innovation in dApps.

As included in the current development, the Eden 24.0 Upgrade is witnessing the integration of foundational support regarding ROFL. This will reportedly enable critical features that Oasis Core 24.0 possesses. The upgrade signifies a remarkable move in the mission of Oasis Protocol to widen the frontiers of decentralized AI and blockchain technology.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

Crypto and money laundering: What you need to know

PANews reported on August 28th that the stablecoin Visa card platform Rain has completed a $58 million Series B funding round, led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, and Lightspeed. This funding represents a nearly sixfold increase in Rain's valuation of $24.5 million. Sources familiar with the matter revealed that the annualized spending on Rain-supported bank cards has exceeded $1 billion.

Founded in 2021 by CEO Farooq Malik and CTO Charles Yoo-Naut, Rain launched a Visa-enabled bank card, enabling stablecoins to be spent anywhere Visa is accepted. Rain allows emerging banks and fintech companies to offer stablecoin payment services. Earlier in March , Rain secured $24.5 million in funding, led by Norwest Venture Partners.

Rain raises $58M to expand enterprise stablecoin platform

Stablecoin Card Firm Rain Raise $58M from Samsung and Sapphire

Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure

U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.

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Analyst: Micron's earnings boost overall market sentiment for the tech sector

Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”

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2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing

According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.

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BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.

BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.

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Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.

Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.

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Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.

According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.

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