The Good Tech Companies - GAYA Blockchain: New L1 Blockchain from UAE

Episode Date: January 15, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/gaya-blockchain-new-l1-blockchain-from-uae. Gaya Blockchain is an upcoming innovative blockc...hain that unifies gaming, decentralized finance (DeFi), SocialFi, and real-world asset tokenization Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #gaya-blockchain, #uae, #l1-blockchain, #meet-gaya-blockchain, #defi, #gaming, #good-company, and more. This story was written by: @zexprwire. Learn more about this writer by checking @zexprwire's about page, and for more stories, please visit hackernoon.com. Gaya is an upcoming innovative blockchain that unifies gaming, decentralized finance (DeFi), SocialFi, and real-world asset tokenization into a single, user-friendly ecosystem. Gaya will be powered by its native utility token, GayaCoin, GAYA aims to bridge fragmented digital domains while promoting sustainability, inclusivity, and user empowerment. The platform’s unique positioning. allows it to tackle major challenges like scalability, interoperability, and governance.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Gaia Blockchain. New L1 Blockchain from UAE, by ZEX Media. Gaia Blockchain is an upcoming innovative blockchain that unifies gaming, decentralized finance, DeFi, social FI, and real-world asset tokenization into a single, user-friendly ecosystem. Raised 20 million United Arab Emirates dirhams from Capstone Technology Group as their lead VC based out of UAE. GAIA will be powered by its native utility token, GAIA Coin. GAIA aims to bridge fragmented digital domains while promoting sustainability, inclusivity, and user empowerment.
Starting point is 00:00:41 GAIA Coin public sale is mentioned to be released Q1 2025. Gaia has ambitions to not just please the institutional market as the most advanced blockchain coming from UAE but also to facilitate a better consumer engagement than EVM for developers and users. Founding team, Abdullah Al-Maxar, Oz Bashir and Sanad Al-Asira. Key Highlights 1. Unified Ecosystem. GAIA integrates diverse digital domains like gaming, DeFi, social FI, and tokenized real-world assets into a cohesive platform. 2. Sustainability. The platform pioneers eco-conscious blockchain practices, including carbon tracking and incentivized green initiatives. 3. Empowering users. Democratizes access to
Starting point is 00:01:26 premium assets and decentralized governance, giving users control over the platform's future. 4. Strategic regional leadership. As the first Layer 1 blockchain in the UAE, GAIA is uniquely positioned to bridge local and global blockchain adoption. Vision and M-I-S-S-I-O-N-G-A-Y-A envisions a blockchain future driven by sustainability, inclusivity, and user empowerment. Its mission includes unifying digital ecosystems, bringing together gaming, DeFi, social FI, and tokenized real-world assets on one accessible platform. Promoting sustainability. Adopting eco-friendly blockchain practices, including low-energy protocols and incentives for green initiatives. Empowering users. Ensuring
Starting point is 00:02:11 decentralized governance and broad access to premium digital tools. Ecosystem OVERVIEWGAYA operates on a scalable Layer 1 blockchain and supports decentralized applications, DAPPs, powered by GaiaCoin. Key components include 1. Play-to-earn gaming players earn GaiaCoin and NFTs, which can be traded, staked, or reinvested within the ecosystem. Combines engaging gameplay with tangible financial rewards. 2. DeFi platform offers staking, lending, and borrowing services focused on sustainability. Prioritizes green investment opportunities. 3. Social FI integration rewards content creators via decentralized revenue-sharing models. Features innovative governance structures to empower users. 4. Real-world asset tokenization
Starting point is 00:03:01 enables fractional ownership of tangible assets like renewable energy projects. Facilitates eco-conscious investments, making sustainable assets more accessible. Strategic positioning as the UAE's first Layer 1 blockchain, GAIA integrates culturally relevant and energy-efficient solutions to drive adoption both locally and globally. The platform's unique positioning allows it to lead sustainability through low-energy protocols and eco-incentives. Gaia minimizes its environmental impact, empower users, fosters inclusivity with decentralized governance, enabling users to shape the platform, support developers, provides robust tools like SDKs, APIs, and a testnet, coupled with incentives such as grants and bug bounties.
Starting point is 00:03:46 Core features of Gayagaya's unique infrastructure is designed to tackle major blockchain challenges like scalability, sustainability, interoperability, and governance. Below are its standout features 1. Layer 1 blockchain proof-of-stake, POS, consensus mechanism eliminates energy-intensive mining. High throughput. Processes thousands of transactions per second, TPS, with minimal latency. Security and decentralization. Ensures robust network integrity without intermediary chains. Backslash dot dot. 2. Eco-conscious design carbon tracking. Records the carbon impact of transactions, promoting eco-conscious usage. Sustainability incentives. Rewards users who support green initiatives. Energy efficiency. POS minimizes energy consumption while maintaining security. Backslash dot dot.
Starting point is 00:04:38 3. Interoperability via Gaia Virtual Machine, GVM, Ethereum compatibility. Fully supports Ethereum Virtual Machine, EVM, enabling seamless migration of Ethereum-based DAPPs. Enhanced collaboration. Promotes interoperability between Gaia and Ethereum ecosystems. Scalability. Built to handle large-scale DAPPs with consistent performance. Backslash. Key milestones in future Outlook funding success. GAIA has raised over 20 million United Arab Emirates dirhams from Capstone Technology Group, a leading UAE-based venture capital firm. Token generation event, TGE, scheduled for Q1 2025. The launch of the dollar GAIA token marks a significant step forward.
Starting point is 00:05:25 Leadership team. The platform is led by Abdullah Al-Maxar, Oz Bashir, and Sanad Al-Asira, all UAE residents with a vision to shape the blockchain landscape. Why GAIA stands out sustainability focus. By embedding green practices and rewards, GAIA aligns with global sustainability goals. User-centric approach, decentralized governance ensures users have a say in the platform's evolution. Innovative technology, GVM's compatibility and high-performance features enable seamless DApp integration. Regional and global impact. As the UAE's pioneering Layer 1 blockchain, GAIA bridges the gap between regional innovation and global adoption.
Starting point is 00:06:10 Conclusion, Gaia represents a paradigm shift in blockchain technology by seamlessly blending gaming, DeFi, social FI, and real-world asset tokenization. Its commitment to sustainability, inclusivity, and user empowerment makes it a standout platform in the blockchain space. With a robust infrastructure, eco-conscious design, and a forward-thinking team, GAIA is poised to redefine how digital ecosystems operate, both in the UAE and beyond. Stay tuned for the GAIA Coin TGE Launch INQ1 2025. Twitter x.https://x.com GAIA Blockchain Instagram https colon slash slash x com gaia blockchain instagram https colon slash slash www instagram com gaia blockchain igsh equals mtf wy3e2 angzust2 deci amperes equals equals website https://www.gaia-blockchain.io, lightpaper.https://gaia-blockchain-1.gitbook.io,
Starting point is 00:07:12 gaia-blockchain-lightpaper, info This article is published under HackerNoon's business blogging program. Do your own research before making any financial decisions. Thank you for listening to this HackerNoon story, read by Artificial Intelligence Intelligence. Visit hackernoon.com to read, write, learn and publish.

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