Singapore, Singapore, September 12th, 2024,
Chainwire
Airmoney will unveil AirMoney Degn Device, a web3 hardware
solution designed for DePIN, during TOKEN2049. The device goes
beyond the features offered by a conventional hardware wallet,
allowing users to interact with web3 protocols through a secure
DePIN (Decentralized Physical Infrastructure Network)
framework.
Unlike traditional wallets that focus solely on storage,
AirMoney allows users to run nodes, earn tokens through Proof of
Activity, and engage in trading, staking, and gaming within a fully
decentralized, standalone device. Each device comes with a Node
that users can activate upon setup to run, enter the network and
start earning tokens through Proof of Activity. This marks a shift
from simple storage devices to fully interactive, standalone
ecosystems that let users take control of their crypto experience
in new ways.
AirMoney Degn Device has partnered with a host of leading
blockchains and dApp providers to offer seamless access to
decentralized applications and services directly from the device. A
number of exclusive dApps have been integrated into AirMoney’s
decentralized app store, ensuring access to a broad range of crypto
tools and products. It includes access to spot and perpetual
futures trading powered by Bybit, complete with the ability to
adjust leverage by turning al dedicated physical knob and AI data
labelling dDapp, the Workspace, by Synesis One.
One of the standout features of the AirMoney device is its
physical OLED-powered buttons, which allow users to execute trades
and interact with dAp,ps at the push of a button. This makes crypto
engagement more intuitive and physical than ever before. In the
process, it enables users to retain full custody of their assets
within a highly secure hardware environment.
AirMoney is committed to making crypto more accessible to
everyone. Pre-loaded with native tokens, the AirMoney Degn Device
acts as a gateway that makes it easier for users to participate in
DeFi and grow their crypto assets. The majority of AirMoney’s
native token supply will be distributed to users through Proof of
Activity (PoA), ensuring that those who participate in the network
share in its success.
Launched at TOKEN2049 in Singapore on September 18, AirMoney
Degn Device will redefine how people interact with crypto through
its DePIN device. Rather than passively holding assets, users are
empowered to become active participants, running nodes, trading,
staking, and gaming, all within a fully decentralized standalone
device.
Top-Tier Security: Powered by Web3Auth’s MPC Technology
AirMoney prioritizes security by utilizing Multi-Party
Computation (MPC) technology, provided by Web3Auth—a solution
validated by over 10,000,000 accounts worldwide. Unlike traditional
wallets, where the entire private key is stored on the device,
AirMoney only stores a fragment of the key, adding an extra layer
of protection. Using Shamir Secret Sharing, AirMoney splits the key
across multiple locations, ensuring that no single point of failure
can compromise the user’s assets. This cutting-edge security
architecture protects users while offering them the freedom to
fully engage in the decentralized ecosystem without fear of asset
loss.
Current hardware wallets are limited to passive storage,
offering little beyond the secure holding of crypto assets and
simple token swaps. Meanwhile, the advancement of DeFi and web3 has
spawned dynamic ecosystems that demand greater interactivity,
usability, and participation. AirMoney Degn Device represents the
evolution of the hardware wallet into a general purpose device for
getting the most out of DeFi and Web3.
AirMoney CEO Kryzstof Gagacki said: “The AirMoney device
advances crypto hardware beyond the era of passive storage. Just
like the Kindle was built for reading, AirMoney is purpose-built
for crypto, offering users a gateway to the decentralized economy
where they can actively trade, stake, and earn from a single,
powerful device.” and
The launch of the AirMoney Degn Device will raise the bar for
crypto hardware while supporting greater network participation and
earning opportunities.
About AirMoney
AirMoney’s multi-functional DePIN device allows users to go
beyond crypto storage. With AirMoney Degn Device, users can run
nodes,, participate in network governance and earn rewards through
Proof of Activity. They can also trade, stake, and game without
relying on mobile phones or external apps and access a
decentralized app store that delivers the best multi-chain
experiences in one place.
Contact
Dan
Edelstein
PR@marketacross.com