Episode 3: Demystifying NFTs & Blockchain Game with Chromia & My Neighbor Alice

This episode in the Kyros Space series is a lively and exciting discussion on the top trending topic: NFT and video games built on blockchain. With us in this episode is our host, as usual, Kevin Booey, Kyros Ventures’s representative. Our guests are Anna Norrevik, the CEO of My Neighbor Alice (ALICE), and Ginés Sánchez Navarro, Chief Strategy & Operations at Chromia (CHR).

Further in the talk, we break down the key differences between a blockchain game and a traditional game and how blockchain gaming can continue to shine. Other topics in the discussion include the future role of the Play-to-Earn mechanism, how cross-chain become more popular, and the vision for blockchain gaming.

Episode 2: Understanding Stablecoins – MakerDAO

In the second episode, we have MakerDAO, an outstanding project in the decentralized financial ecosystem. Fireside chat #2 guests include Kevin Booey, Kyros Ventures representative as host; Jocelyn Chang, Asia Pacific Development Lead at MakerDAO, and Tin Tran: Top 2 Degens, BD at Kyros Ventures.

Together we exchanged in-depth thoughts about different types of stablecoins, how DAI can find its niche, and the future of the field. Other topics we discussed in this episode:

  • CBDC impact on crypto stablecoin
  • Decentralized versus centralized stablecoin

Episode 1: Explore the KryptoVerse with Zane and Jenny

In our first episode, we have our CEO, Zane, and our COO, Jenny. Zane shared his journey with Kyros Ventures and Coin68.com, the largest crypto media network in Vietnam. Later in the talk, Jenny unveiled how she selects promising projects for VC investments. Other topics we discussed:

  • Perspectives on Vietnam crypto market
  • How a project could stand out in eyes of crypto VC
  • The vision for Kyros Ventures

Chiliz (CHZ) selects Kyros Ventures as partner to explore the tokenization of sports in Vietnam

We are pleased to announce the partnership Kyros Ventures, the newly-formed conglomerate which consists of many of the largest Vietnamese crypto communities, and Chiliz (CHZ), the world’s leading blockchain platform for sports, esports and entertainment, to boost the adoption and usage of digital currency in sport activities within Vietnam. 

Chiliz is the pioneer blockchain platform in the tokenization of sports, which houses Socios.com, the world’s first scalable fan engagement and rewards app where fans can buy and trade branded Fan Tokens as well as vote in club-focused surveys and polls, along with the Chiliz Exchange, the crypto exchange for Chiliz users to trade and speculate on the Fan Tokens. Chiliz enables sports teams and other organizations to create their Fan Token through what is called a “Fan Token Offering”. Notable partners of Chiliz include top clubs such as FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, AS Roma, Galatasaray & OG, all of whom used Chiliz’s solutions to incentivize their offline fanbases engagement with merchandise, giveaways, and exclusive experiences within the Chiliz ecosystem.

Fueling the entire Chiliz ecosystem is its native cryptocurrency CHZ, which runs on both Ethereum (as an ERC-20 token) and Binance Chain (as an BEP2 token). CHZ can be used to buy and sell with Fan Tokens issued by Chiliz and can also be traded on various exchanges where it is listed, for example Binance, Binance DEX, Bitfinex, Crypto.com, KuCoin, BitMax, etc.

Chiliz’s entrance into Vietnam will be conducted in 2 stages. The first will see Chiliz leveraging our deep understandings as well as wide connections to introduce CHZ and other Fan Tokens to the local communities and media channels, both in the cryptocurrency sector and sports industry, with a purpose of increasing brand awareness and adoption in the Vietnamese market. We will manage all the marketing operations for our partner, which include setting up a Vietnamese community for CHZ investors, organizing AMAs with various communities, updating the latest news and developments on a regular basis, and promoting the trading of CHZ and Fan Tokens on Chiliz’s platform and exchanges. In the second stage, Kyros Ventures will actively assist Chiliz in building real-life applications in Vietnam, possibly through collaborations with domestic sports clubs and esports organizations to issue Fan Tokens for the Vietnamese people, who are known worldwide for their passion in sports, especially football.

Through this partnership, Kyros Ventures hopes that we will be able to showcase the various applications of blockchain technology and cryptocurrencies in changing every aspect of modern life, from finance, logistics, data protection and now, sports to Vietnamese communities. At the same time, we would like to demonstrate the prowess of the Vietnamese crypto communities to foreign projects, proving that this is a land of opportunities for those who can capture the insights of this market, which is the ability that Kyros Ventures proudly possesses.

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About Kyros Ventures

Kyros Ventures is a conglomerate of four of the largest crypto communities in Vietnam: Coin98, Tradecoin Vietnam, HC Capital and Coin68, which collectively have more than 100,000 active traders. Kyros Ventures is the gateway for international cryptocurrency projects to enter into the Vietnamese market. We aim to help projects achieve greater awareness and adoption thanks to our extensive network of partners and communities.

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

About Chiliz

Chiliz is the world’s leading blockchain fintech provider for sports and entertainment, who developed the Socios.com sports fan engagement platform on the Chiliz blockchain infrastructure and uses CHZ as it’s exclusive on-platform currency. Socios.com allows sports teams to issue digital assets, known as ‘Fan Tokens’, on the Chiliz blockchain via ‘Fan Token Offerings’. The list of partners currently includes many famous names in the sport world such as FC Barcelona, Juventus, Paris Saint-Germain, Atlético de Madrid, AS Roma, Galatasaray & OG, whose fan tokens can now be traded on Chiliz Exchange and integrated into the decision making process of these sport organizations.

For further information, please visit: https://www.chiliz.com

Kyros Ventures and Chromia (CHR) partner to fully unlock the potential of the Vietnamese crypto market

Chromia (CHR), the blockchain platform that sets out to solve the scalability limits of dApps, has entered into a partnership with Kyros Ventures, the newly-formed conglomerate consisting of many of the largest crypto communities in Vietnam. Kyros Ventures will provide expertise and understanding of the Vietnamese crypto industry in order to support Chromia’s operations in the Vietnamese market, with the ultimate goals of raising awareness and increasing mainstream adoption.

Vietnam presents itself as a land of opportunities for cryptocurrency projects around the world. Cryptocurrency trading has become more and more popular in Vietnam in recent years, especially during the period of market uptrend in Q2 and Q3 of 2020, with Vietnamese traders often accounting for a large portion of traffic on cryptocurrency-related websites such as CoinMarketCap and top crypto exchanges such as Binance, Huobi, OKEx and FTX. This has resulted in the formation of many robust crypto communities all across the country, which are constantly searching for new innovative and disruptive projects in the crypto space. 

However, as of present, there are not many international projects that can successfully enter the Vietnamese market and build up their reputation in the eyes of investors. Unless projects and exchanges get deep insight into Vietnam, they will fail to understand why the marketing promotions are not working, and why there is no adoption despite working with such large communities. It is this problem that Kyros Ventures aims to solve. Instead of only taking a flat marketing fee or management fee like traditional marketing agencies, we will actively invest into the project itself, which means taking a stake in it and aligning our interests with that of the partners. The whole process will ensure that, through mutual efforts from both sides, the best outcome will be achieved.

One of the projects that has entered into partnership with Kyros Ventures is Chromia. Chromia is a blockchain platform with the ambition to address the scalability problem that many decentralized applications (dApps) are facing nowadays. The platform adopts a method similar to sharding on Ethereum, whereby each blockchain within the Chromia network is associated with a set of validator nodes, which is a subset of all nodes belonging to Chromia. On Chromia, dApps can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects. 

The native utility token of Chromia is CHR – an ERC-20 token with the max supply of 1 billion CHR. Users can use CHR within the dApps or as transaction fees to block producers on the network. CHR presents developers with the possibility of generating income from their dApps or even issuing CHR-backed tokens that can be distributed to investors through a profit sharing contract. Current implementations of dApps on Chromia cover a wide variety of industries, including finance, gaming, real estate and healthcare. In the near future, Chromia will also focus on dApps involving supply chain, enterprise services and IoT.

Through this partnership, Kyros Ventures will manage all marketing operations and branding of Chromia and Hedget – the project’s DeFi protocol – in the Vietnam market. Kyros Ventures will also form an exclusive community for CHR traders in Vietnam, conduct monthly AMA events with Chromia’s team and dApps developers, provide regular updates on the news and achievements of the projects, along with promoting CHR and Hedget staking to Vietnamese investors. More importantly, we will seek out further collaborations and investment opportunities between Chromia and Vietnamese cryptocurrency projects/ trading groups/ development teams through our extensive network.

Kyros Ventures will announce further partnerships with other projects in the incoming weeks.

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About Kyros Ventures

Kyros Ventures is a conglomerate of four of the largest crypto communities in Vietnam: Coin98, Tradecoin Vietnam, HC Capital and Coin68, which collectively have more than 100,000 active traders. Kyros Ventures is the gateway for international cryptocurrency projects to enter into the Vietnamese market. We aim to help projects achieve greater awareness and adoption thanks to our extensive network of partners and communities.

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

About Chromia

Chromia is a blockchain platform for decentralized applications, conceived in response to the shortcomings of existing platforms and designed to enable a new generation of dApps to scale beyond what is currently possible. Chromia is both a blockchain and a relational database. This means that decentralized applications (dApps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.

For further information, please visit: https://chromia.com

Kyros Ventures becomes Vietnam’s first and largest Serum Node

We are thrilled to announce that Kyros Ventures will be running a node allowing the staking of Serum (SRM). We heartily believe in the potential of Project Serum to reshape the DeFi and Cryptocurrency space.

DeFi has been a widely featured sector over the past few months. This is particularly evident in the parabolic rise of market caps for DeFi coins. According to DeFi Pulse, the total value locked into DeFi protocols has jumped 10-fold this year to $7 billion. 

Within the crypto-asset ecosystem, investors have figured out how to quickly allocate capital whenever new opportunities arise. We believe that investors have found their holy-grail-DeFi when approaching the Serum Project.

“Pure” DeFi Serum Project to revolutionize the finance landscape 

Project Serum is a decentralized exchange (DEX), which was created to solve the centralized vulnerabilities existing in the current DeFi space. 

Serum is best-known as the collaboration between FTX, a growing centralized trading platform, and Solana, an interoperable blockchain platform. 

Built on Solana, Serum has cross-chain support which is in contrast with other protocols that require trusted parties to permit cross-chain swaps. Using over 100 validators, Serum opts to do this in a fully decentralized way. Therefore, Serum can be known as a “pure” DeFi with “the only centralized thing is its URL”.

Despite being native to Solana, Serum is designed to be completely interoperable with different blockchains. That gives the new DEX an advantage as many traders are keen to trade other cryptocurrencies besides the ERC-20 tokens that most DeFi platforms currently offer. 

SRM is Serum’s governance token, which has been listed on multiple crypto exchanges including DEXs and CEXs. Not only has the price shot up from $0.11 to over $1 in seconds after listing on the first exchange. SRM gives holders governance power over the Serum ecosystem, the staking incentives, and its utilities

Importantly, we have faith that Serum can go further due to the partners behind it – from FTX exchange and Solana project, will push for more development

Kyros Ventures: A DeFi Accelerator

Kyros is a venture capital fund as well as a project accelerator in Vietnam.

We at Kyros are determined to see and conquer the best of the best investment opportunities in the crypto-asset space but never forget the mission of accelerating the ecosystem growth. 

Hence, Kyros made its move with Serum to be its first staking project. We can profoundly say that Kyros is Vietnam’s first and largest Serum Node. Users can lock their SRM and grow it on Kyros’ Node to earn up to 15% APY.

Kyros is continuously seeking hidden gems to assist in spreading mass awareness and adoption through Vietnam.