xar

ChainCatcher news, according to The Block, the modular blockchain infrastructure project Avail has officially completed the strategic acquisition of the chain abstraction protocol Arcana. According to the integration plan, all XAR tokens will be exchanged for AVAIL tokens at a ratio of 4:1, and Arcana's core technological tools will be fully integrated into the Avail tech stack, with its core development team also joining the Avail project.Regarding the token unlocking mechanism, the AVAIL tokens obtained through the exchange will have a linear unlocking period of 6 to 12 months, while the tokens held by the original Arcana team will have a unlocking arrangement of up to 3 years.

ChainCatcher news, according to dynamic data from RootData X, in the past 24 hours:The ZORA token launch platform ZEME has attracted attention from Rainbow co-founder Mike Demarais, daos.world founder AzFlin, and others.The Solana smart wallet Fuse has garnered interest from Nansen CEO Alex Svanevik, Fuel co-founder and CEO Nick Dodson, Opensea CTO Chris Maddern, and others.The Web3 game studio [Proof of Play](https://www.rootdata.com/zh/Projects/detail/Proof of Play?k=OTA0OQ== "Web3 game studio") has caught the attention of MetaLeX founder Gabriel Shapiro.The MMORPG adventure game Spellborne has attracted the interest of Abstract contributor cygaar.The decentralized perpetual contract trading platform Dexari has garnered attention from SoSoValue co-founder Jiva Kwan, NFT collector Gmoney, and others.

ChainCatcher news, the decentralized trading platform Dexari announced the completion of a $2.3 million seed round financing, led by Prelude Ventures and Lemniscap, with participation from several well-known angel investors in the Hyperliquid ecosystem.

ChainCatcher news, the Web3 AR game project XAR announced that it will have its global debut in Hong Kong and plans to hold a city airdrop event during the Hong Kong Web3 Carnival from April 5 to 9.During the event, players can collect AR items on the streets of Hong Kong, fight AR creatures, and build AR sculptures through the XAR mobile app. Different gaming actions will earn points and token rewards.In addition, XAR is co-hosting an offline event themed "Starknet in HK - Web3 Festival Edition" with StarkWare and zkLend, and StarkWare's CEO Eli-Ben Sasson will also attend the event.Previously, XAR completed its Seed round financing.