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Xandeum to Unveil Solana Scaling Solution, XAND Token Launch and Liquid Staking at Breakpoint 2024

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    LAS VEGAS, United States, September 19th, 2024, Chainwire

     

    Blockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program and officially announce the launch of the XAND token.

    Designed to overcome the limitations of Solana’s current storage model, Xandeum’s technology will allow dapps to scale by accessing virtually unlimited storage. Solana can be looked at as a “world computer”, and Solana accounts are its “RAM”. At Breakpoint 2024, Xandeum will share its vision for adding the “hard drive” via their scalable storage layer, the missing piece to a full-fledged world computer. This innovation enables a Cambrian Explosion of storage-enabled dapps.

    The smart contract native storage layer introduces “Xandeum buckets,” an exabytes+ scalable file system integrated directly into Solana RPC nodes. Storage will be offloaded to a decentralized network of hundreds of thousands of storage provider nodes (pNodes), supervised by Xandeum-enabled Solana validators. pNodes, validators, and liquid stakers will earn additional rewards in SOL, thanks to highly dynamic fee markets designed to optimize storage efficiency and profitability.

    “A low-cost, decentralized storage solution will drastically expand the application landscape.” says Tommy Johnson, early Solana builder, co-founder, and lead engineer at Armada. “It can unlock a new revenue stream for SOL validators and stakers. The Xandeum solution will have an enormous impact on the growth of the Solana ecosystem.”

    More details of Xandeum’s Solana scaling solution will be shared at Breakpoint 2024. In addition, Xandeum will use the event to announce its storage-enabled liquid staking platform. Scheduled to go live on October 29, the platform will capture future Xandeum storage fees for xandSOL stakers. Early adopters who stake with Xandeum will be eligible for boosted rewards of up to 10x with more details at https://xandeum.network

    As an event sponsor, the Xandeum team will have its own booth at Solana Breakpoint 2024 in Singapore, with community members able to learn more about key initiatives including the liquid staking pool, XAND token, and forthcoming airdrops. The first airdrop snapshot will take place on October 8, with the XAND token launch scheduled for October 29.

    Xandeum’s development of new storage primitives to enhance Solana’s programming model will solve the issues with the current storage system, known as “accounts,” which has proven insufficient to hold even a few gigabytes per dapp. These limitations threaten to stifle the growth of web3 applications on Solana.

    Xandeum lead developer Xandeum Labs has raised $2.8M to build out its scaling solution and has seen significant interest from Solana’s builder community, with over 4B transactions completed on its community-run devnet. Xandeum will support a new wave of scalable web3 dapps while maintaining Solana’s security and decentralization.

    About Xandeum Labs

    Xandeum Labs is a web3 startup dedicated to building the scalable storage layer for Solana. As a major contributor to the world’s first storage-enabled liquid staking platform, operated by the XAND DAO, Xandeum has already raised $2.8 million from its community and is on track to launch its pNode network in early 2025.

    Users can learn more: https://xandeum.com

     

    Contact

    Bernie Blume
    Xandeum Labs
    hello@xandeum.com

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    Luxury Streetwear Brand Ryoko Rain® is an Official Collaboration Partner for Athlos NYC Track Event

    2024-09-20T13:15:00Z

    Olympian Alaysha Johnson will debut the company’s signature-designed shorts, shirt, and jacket before the premier all-women’s track event, featuring the fastest women in the world and awarding the largest prize purse ever for a women’s only track event

    NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Ryoko Rain, the luxury sportswear brand synonymous with butterfly designs and distinct patterned mesh shorts, has partnered with Athlos NYC to launch an exclusive apparel collaboration collection for the upcoming all-women’s track meet taking place at Icahn Stadium in New York on September 26, 2024 at 7pm ET. The collaboration features a custom line of high-quality mesh shorts, a shirt, and a jacket designed by Founder and Creative Director Garrett James. Debuting the apparel line is Olympian track star and Athlos NYC competitor Alaysha Johnson.

    The collaboration between ATHLOS and Ryoko Rain celebrates the synergy of athletic performance and personal expression with Ryoko Rain’s deep-rooted cultural and design narrative and Athlos’ commitment to providing a platform for women athletes to shine on and off the track. The collection features three items: high-quality mesh shorts in Athlos NYC brand colors, a timestamp, a soundwave design, and Ryoko Rain’s logo mark with a butterfly; a limited edition Ryoko Rain cutoff shirt featuring Alaysha Johnson in full sprint surrounded by butterflies; and, lastly, a black work jacket—a Ryoko Rain signature item. Fans can purchase the limited edition shorts onsite at Athlos NYC, while the shirt and jacket will be available for a limited time on Ryoko Rain’s website.

    “This collaboration is a testament to how style and athleticism intersect, with gear designed for movement and a visual story inspired by the female athletes and Ryoko Rain’s origins,” said Kayla Green, CMO of ATHLOS. “We look forward to showcasing the speed, music and design of Athlos NYC with like-minded brands, like Ryoko Rain, to provide new opportunities for the women’s running community.”

    Alaysha Johnson and Ryoko Rain: A Perfect Match
    Johnson, an Olympic hurdler known for her incredible discipline and dedication, is the face of the new Ryoko Rain and ATHLOS apparel line. Her drive and passion align with James’ vision of luxury street and athleticwear. In the 100-meter hurdles, Johnson earned a spot in the Paris Olympic Games after running a personal-best time in shoes borrowed from a fellow hurdler and in a uniform she designed herself at the U.S. Olympic track and field trials.

    “I’m excited to team up with Ryoko Rain for this special line,” said Johnson. “The designs are not only stylish but also carry a deeper meaning. It feels empowering to wear something that reflects a sense of purpose, community, and the pursuit of excellence—values I live by in my sport.”

    Metamorphosis: The Ryoko Rain Story
    Ryoko Rain was founded by Garrett James in 2021, whose vision is shaped by the legacy of his Japanese heritage and the family values passed down from previous generations. This cultural influence is central to Ryoko Rain’s aesthetic and purpose, as each garment is designed to tell a story of transformation, resilience, and community. The brand’s signature butterfly symbol—representing growth, change, and new beginnings—embodies the essence of James’ family legacy, particularly inspired by the experiences of his two eldest daughters, River Ryoko and Alba Rain.

    James explains, “Ryoko Rain is about more than just clothes; it’s about expressing our roots and honoring the journey. Partnering with ATHLOS, we’re blending fashion, sports and music to represent something much deeper—our shared experiences, ambitions, where we all come from and where we are going.”

    View the Athlos x Ryoko Rain collection HERE
    Ryoko Rain Electronic Press Kit HERE

    About Ryoko Rain:
    Ryoko Rain, founded by Garrett James, is a luxury street and athleticwear brand rooted in Japanese heritage and values of family, tradition, and community. Established in 2021, Ryoko Rain’s signature butterfly symbol, quality and innovative design have propelled it to the forefront of streetwear fashion. Worn by the biggest names in sports and entertainment, the brand has evolved into more than a clothing line; it’s a story of people, community, evolution and purpose. Learn more at www.ryokorain.com.

    About ATHLOS:
    ATHLOS is a first-of-its-kind track invitational bringing together the fastest women in the world to compete for the largest prize purse ever for a women's-only track event. ATHLOS provides fans a unique way to experience and celebrate the world's fastest women, marrying the competition of a track meet with the entertainment of a music festival to fully celebrate these incredible athletes as they reach for new heights in the sport. For more information, visit ATHLOS.com. 

    About Seven Seven Six:
    Seven Seven Six is an early-stage venture capital firm with over $900mm of AUM as of 12/31/2023 and is focused on the intersection of product and people. Powered by the operating system Cerebro, at its heart, 776 is a technology company that deploys capital. The firm was founded in 2020 by Reddit co-founder Alexis Ohanian. Seven Seven Six invests across sectors, with investments spanning the creator economy, space, climate tech, sports, fintech, web3, healthcare, collectibles, AI, and more. For more information, visit https://sevensevensix.com/.

    Media Contact

    Dan Nasitka
    dnasitka@rocketlaunchagency.com
    (714) 694-7195

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1c3d9588-0c04-45af-adfa-1d37eeb133dd


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