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Lightchain AI secures dev funding as Stellar seeks relevance in the crypto space
NFT Gaming

Lightchain AI secures dev funding as Stellar seeks relevance in the crypto space

by admin June 14, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Stellar fights for relevance, Lightchain AI secures $21m and powers ahead with dev tools, grants, and strong momentum.

As Stellar seeks to reassert its relevance in a rapidly shifting crypto landscape, Lightchain AI is pushing forward with real traction, securing developer funding that’s driving ecosystem growth. With all 15 presale stages completed and a Bonus Round now active at a fixed price of $0.007, the project has already attracted nearly $21 million in early participation.

This is no baseless conjecture; it’s a deliberate strategy to equip developers with grants, advanced tools, and robust infrastructure. While competitors scramble for market relevance, Lightchain AI solidifies its foundation with proven technology, escalating community traction, and comprehensive developer support designed to drive sustained adoption.

Stellar faces pressure to adapt amid evolving market dynamics

It’s 2025 and Stellar Lumens (XLM) is treading a tough market, struggling to keep the faith of investors within a dynamic marketplace that promises stiff competition. Trading at about $0.26 at the time of writing, XLM has had its ups and downs thanks to market conditions and regulatory effects.

However, such ups and downs notwithstanding, Stellar’s focus on financial inclusion and cross-border payments has never wavered. The network’s low transaction fees and relationships with names like MoneyGram and Franklin Templeton highlight the network’s utility for global remittances.

Analysts predict that XLM could reach anything from $0.23 and $0.88 by 2025, with possible highs of $1.41 if adoption picks up. However competition from peers such as Ripple (XRP) and Ethereum, which provide similar services and have a lot more living in the ecosystem more broadly, are formidable.

To recapture mindshare, Stellar is concentrating on pushing forward with technology, including smart contracts via Soroban, and growth in the developing world. They’re efforts to grow the network and bring in more users.

Lightchain AI unlocks growth through developer grants and ecosystem support

Lightchain AI is accelerating its ecosystem growth through a strategic developer grant program designed to attract innovative projects at the intersection of AI and blockchain. Offering grants ranging from $25,000 to $150,000, the initiative supports builders developing AI-powered decentralized applications, custom block explorers, decentralized exchanges, and launchpads. Recipients benefit from milestone-based funding, technical mentorship, and enhanced visibility within the Lightchain community.

This program complements Lightchain’s core technologies, including the Proof-of-Intelligence consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), which facilitate efficient AI computations on-chain. By fostering a robust developer ecosystem, Lightchain AI aims to drive innovation and solidify its position as a leader in decentralized AI solutions.

Incentives in motion: Lightchain AI is leading charge, and builders are taking notice

Lightchain AI is setting the pace, and builders are flocking to the platform while others scramble to catch up. With a $150,000 grant pool already live, developers are diving in to create tools, dApps, and integrations on this cutting-edge AI-powered Layer 1. From public GitHub access and a comprehensive Developer Portal to the Meme Launchpad with liquidity support, Lightchain AI delivers real utility from day one.

Add in revamped tokenomics that prioritize growth and innovation, and it’s clear: this is where serious contributors are making their mark. Ready to build the future? Join the movement.

For more information on Lightchain AI, visit its website, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 14, 2025 0 comments
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NFT Gaming

Crypto Payments Firm MoonPay Secures New York BitLicense

by admin June 4, 2025



In brief

  • MoonPay was granted a BitLicense and money transmitter license in New York.
  • The firm says it can now operate coast-to-coast in the United States without coverage gaps.
  • New York City’s “Bitcoin Mayor” Eric Adams recently suggested ending the BitLicense.

Crypto payments company MoonPay has been granted its BitLicense and money transmitter license from the New York Department of Financial Services, it announced on Wednesday. 

Now, MoonPay customers based in New York can access the firm’s entire stack of fiat-to-crypto services. 

“The New York BitLicense is a critical milestone for MoonPay, enabling us to directly service New York customers,” MoonPay co-founder and CEO Ivan Soto-Wright told Decrypt. “New York is considered the gold standard in U.S. financial regulation, and we are thrilled to join the small group of companies that have passed this rigorous process.”

The BitLicense is a New York license necessary for conducting business in virtual currencies in the state. It allows an entity to maintain custody of digital assets on behalf of others, perform exchange services, and more.



With its New York licenses granted, MoonPay now holds money transmitting licenses in 47 United States jurisdictions, and registrations in countries like the United Kingdom, Australia, and Canada. 

Established in 2015, the BitLicense has been historically difficult to obtain for businesses looking to conduct crypto activities in the state. But current New York City mayor Eric Adams—the self-proclaimed “Bitcoin mayor”—recently suggested it should no longer exist. 

“I want you back in the city of New York, where you won’t be attacked and criminalized. Let’s get rid of the Bitcoin license and allow us to have the free flow of Bitcoin in our city,” Adams said at the recent Bitcoin 2025 conference in Las Vegas.

Adams has been vocal in support of the crypto industry, recently hosting a crypto summit after calling for NYC to become the “crypto capital of the world.” 

MoonPay has helped move the needle in that direction, unveiling a new headquarters in New York City at the end of April prior to being granted its BitLicense. 

“New York is the financial capital of the world. Our business has always been about bridging the traditional finance industry and the new crypto economy, and now, with our new HQ in New York and our BitLicense, we can work more closely with the largest financial institutions in the world,” said Soto-Wright.

The firm, which said it notched its best financial year by reaching profitability in 2024, played a pivotal role in the early success of President Donald Trump’s Solana meme coin launch. 

As for what’s next, Soto-Wright told Decrypt, “We are going to continue investing in talent in New York and the United States, with more announcements coming soon.”

Edited by Andrew Hayward

Editor’s note: This story was updated after publication to clarify attribution for the MoonPay comments.

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June 4, 2025 0 comments
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AR developer DreamPark secures $1.1m in seed funding round
Esports

AR developer DreamPark secures $1.1m in seed funding round

by admin May 31, 2025


Mixed reality developer DreamPark has raised $1.1 million in a seed funding round.

DreamPark develops AR experiences at physical locations via markers including QR codes that change real-world spaces with digital features.

Led by Long Journey Ventures with participation from Founders Inc., the investment will help the firm accelerate creating partnerships with established IP, expanding the amount of rental Quest headset units it has, and growing its development team.

So far, DreamPark has installed experiences in Santa Monica and the LA County Fair, with plans to expand to Seattle, Orange County, and corporate events.

“We’re not just creating content, we’re building a platform that revitalises communities by giving people a reason to gather, play, and connect in physical spaces in real life,” said DreamPark CEO and co-founder Aidan Wolf.

“DreakPark bridges the digital and physical worlds, creating a new category of play where the magic of virtual worlds enhances real-life connections. We’re reimagining what’s possible when the spaces around us become canvases for shared adventure and imagination.”

DreamPark co-founder and business director Brent Bushnell added: “We’re building the world’s largest theme park – one that exists everywhere and is accessible to everyone. We want to make getting out to play worthwhile again.

“This investment allows us to expand our footprint of access points across the country rapidly, develop partnerships with premium IP holders, and continue enhancing our technology to deliver magical experiences that bring people back to real-world spaces.”



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May 31, 2025 0 comments
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