OnFinality and Google Cloud Enhance Node Infrastructure and Data Analytics Support for Polkadot Parachain Builders

Press Release • September 14, 2023
  • With support from the Polkadot treasury, OnFinality and Google Cloud to provide common good infrastructure to help parachains scale without excessive technical overhead
  • OnFinality and Google Cloud to help deliver blockchain analytics for developers in and beyond the Polkadot ecosystem


Today at TOKEN2049, OnFinality and Google Cloud announced their support for two community-backed initiatives to empower developers to build, launch, and scale interconnected decentralized applications (dApps) on the Polkadot network. To advance the growth of emergent parachains and the overall maturity of the Polkadot ecosystem, the first initiative will reduce the complexity and cost associated with blockchain node infrastructure management while the second initiative will help power large-scale blockchain analytics capabilities.


Launched by Web3 Foundation in 2020 and now managed by its community via on-chain governance, Polkadot is a blockspace ecosystem uniting a network of interoperable, use-case specific blockchains called parachains (parallel chains). Polkadot facilitates secure cross-chain transfers of any data or asset, enabling the development of applications and services that span multiple parachains. Polkadot provides several benefits to Web3 innovators, including security, flexibility, efficiency, cost-effectiveness, and fast time-to-market.


Parachains are built using the modular and flexible Substrate framework, allowing developers to customize the components (e.g., network stack, consensus model, transaction format, governance method) best suited to the needs of their use case. This includes any Web3 use case, from decentralized finance (DeFi) applications to digital wallets, social media applications, gaming applications, Web3 infrastructure services, and much more.


OnFinality provides high performance public infrastructure for the Polkadot ecosystem


Under the first initiative, OnFinality is providing enterprise-level blockchain infrastructure and tooling support that is funded by the Polkadot treasury and built on Google Cloud for all 40+ Polkadot parachains. With equitable funding from the treasury to cover common good infrastructure provided by OnFinality’s Ultimate API Service (i.e., provision of high performance Remote Procedure Call or RPC endpoints, including archive and trace nodes), developers can seamlessly create and connect their dApps on and across parachains without incurring excessive DevOps and infrastructure management overhead. In the immediate term, this helps promising yet emergent parachains to continue meeting the needs of their independent communities.


To ensure that this initiative is cost-efficient for the Polkadot treasury, OnFinality has selected Google Cloud as the primary cloud provider to power its Ultimate API Service. By hosting this service on Google Kubernetes Engine (GKE), OnFinality can leverage GKE’s serverless, dynamic autoscaling, distributed load balancing, and health monitoring capabilities to concurrently manage all 40+ parachain networks, keep up with constantly changing request volumes, and meet its service level targets of 99.99 percent uptime. GKE’s best-in-class autoscaling features, in particular, helps OnFinality optimize costs and pass on its savings to the Polkadot treasury.


In the longer term, OnFinality has proposed setting up a Parachain Infrastructure Bounty with more than 10 other solution providers to deliver provider-agnostic common good infrastructure for all active Polkadot parachains. The goal is to make the ecosystem more harmonious, unify processes and tools, speed up development progress, and help all new parachain teams kick-start their projects.


James Bayly, Chief Operating Officer, OnFinality, said: “OnFinality has been the trusted launch partner for more than 40 Polkadot parachains. As a result of the prolonged winter, many parachain teams have requested for help to cover the operating expenses of RPC endpoint services, which we’ve managed to provide at no cost to the best of our abilities. We’re humbled to now be entrusted with funding from the Polkadot treasury to support all parachains. This level of ecosystem support reaffirms Polkadot’s reputation as one of the most developer-friendly ecosystems and a top choice for appchain builders when deciding which layer 0 to build in. With Google Cloud proving to be the best option for running our full suite of services in a cost-optimized, automated, and highly reliable way, we look forward to making more contributions to Polkadot, such as providing RPC support for the upcoming Polkadot Data Alliance.”


Polkadot Data Alliance to deliver aggregated on-chain and cross-chain analytics


Building on the first initiative, the second initiative involves establishing a Polkadot Data Alliance. This involves building and maintaining Dotlake, a scalable common data platform that democratizes access to on-chain and cross-chain analytics for data users in and beyond the Polkadot ecosystem. Powered by Google Cloud’s data management capabilities, such as Cloud Storage, BigQuery, Cloud Run, Cloud Functions, and Workflows, Dotlake will allow users to more easily and accurately assess the value, health, and potential of the Polkadot ecosystem and benchmark it against other ecosystems.


Third-party data experts have been enlisted from the community to facilitate and guide this initiative to ensure transparency, that engineering best practices are being applied, and that the initiative delivers high quality data solutions. OnFinality is leveraging the community’s complete support for the Polkadot network to provide the trace RPC API endpoints necessary to populate the data platform.


To facilitate all on-chain data from the Polkadot ecosystem becoming available for public consumption, a treasury-funded Polkadot Data Alliance Bounty has been set up to provide underrepresented and resource-limited parachains with Google Cloud’s secure data hosting infrastructure services and OnFinality’s universal data indexing support. To avoid redundancy and unnecessary costs, the alliance will also use existing data solutions—such as the Colorful Notion Substrate ETL project that has already indexed data from over 70 parachains —as well as open source data formats and services.


There are further plans for the alliance to offer shared community data visualization and reporting dashboards on top of Dotlake – with common metric definitions and computations, support for exporting the data to other known analytics platforms (e.g., Nansen, Dune Analytics), and educational materials to reduce knowledge gaps around working with Substrate and Cross-Consensus Message Format (XCM) data.


Mitesh Agarwal, Managing Director, Solutions and Technology, Asia Pacific, Google Cloud, said: “Web3 companies continue to build on Google Cloud because of the scalability, security, and sustainability of our enterprise-grade infrastructure and developer-friendly platform. As new industry use cases emerge, we’re focused on working with global organizations like Polkadot and OnFinality—who also serve a community of parachain builders in this region—to enhance the resilience of foundational layers, deliver high-quality on-chain and cross-chain datasets for easy analysis, and facilitate faster access to dApps for users.”


About Polkadot


Polkadot is the blockspace ecosystem for boundless innovation. It enables Web3’s biggest innovators to get their ideas to market fast, with flexible costs and token options. By making blockchain technology secure, composable, flexible, efficient, and cost-effective, Polkadot is powering the movement for a better web.


About OnFinality


OnFinality is a blockchain infrastructure platform that saves Web3 builders time and makes their lives easier. OnFinality delivers scalable API endpoints for the biggest blockchain networks and empowers developers to automatically test, deploy, scale, and monitor their own blockchain nodes in minutes. To date, OnFinality has served hundreds of billions of RPC requests, supports over 100 networks including Avalanche, BNB Chain, Cosmos, Polkadot, Ethereum, and Polygon, and is continuously expanding these mission-critical services so developers can build the decentralized future, faster.


About Google Cloud


Google Cloud accelerates every organization’s ability to digitally transform its business and industry. We deliver enterprise-grade solutions that leverage Google’s cutting-edge technology, and tools that help developers build more sustainably. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

CryptoPropTrader.com Launches to Bring Unprecedented Transparency to the Crypto Prop Trading Industry

By Press Release • November 12, 2025
Today marks the official launch of CryptoPropTrader.com , a pioneering platform dedicated to providing cryptocurrency traders with a transparent, user-centric hub for comparing proprietary (prop) trading firms. The website addresses a critical need in the market for a single, reliable source of information, featuring expert evaluations and, most notably, exclusively verified reviews from real clients. In a growing industry, traders have long struggled with fragmented information and the difficulty of distinguishing between legitimate opportunities and untrustworthy firms. CryptoPropTrader.com was created to solve this problem by offering a comprehensive resource that consolidates rankings, detailed firm profiles, and crucial data points, eliminating the need for traders to navigate countless sources. “Our core mission is to build a trusted ecosystem based on transparency and authenticity,” said Alex, Chef Editor of CryptoPropTrader.com. “The world of crypto prop trading is full of potential, but it can be difficult to navigate. We’re committed to empowering traders by providing a platform where every review is verified and every firm is thoroughly vetted. We want users to find the right firm for their strategy with complete confidence, knowing the information they’re seeing is real and unbiased.” The platform’s standout feature is its rigorous, multi-faceted evaluation process. Unlike other platforms, CryptoPropTrader.com combines in-depth analysis from industry experts with a stringent verification system for all community-submitted reviews. This ensures that the ratings and feedback are authentic, preventing misinformation and providing a true reflection of a firm's performance and client experience. CryptoPropTrader.com enhances the user journey by offering: Verified Client Reviews: A system that ensures only traders with a proven connection to a firm can submit a review, building a foundation of trust. In-Depth Comparisons: Clear, side-by-side breakdowns of profit splits, pricing structures, trading rules, and capital limits to help traders easily identify firms that align with their personal needs and trading style. Exclusive User Benefits: Incentives, including discounts and bonuses, are offered to users who contribute by submitting their verified experiences. By prioritizing a seamless and transparent user experience, CryptoPropTrader.com is set to become the indispensable tool for any trader looking to succeed in the cryptocurrency prop trading space. The platform offers a personalized approach, guiding traders to their ideal firm and fostering a more open and reliable industry. About CryptoPropTrader.com CryptoPropTrader.com is the definitive online resource for comparing cryptocurrency proprietary trading firms. The platform is dedicated to providing traders with transparent, unbiased information through expert testing and verified community reviews. By offering detailed comparisons, rankings, and exclusive user discounts, CryptoPropTrader.com aims to be the most trusted guide for traders seeking to find the prop firm that best suits their individual needs and career goals. Media Contact: Alex K. info@cryptoproptrader.com Website: CryptoPropTrader.com 

rabbitholes.fi Announces Presale on Gempad and Public ICO Dates

By Press Release • November 10, 2025
rabbitholes.fi , a decentralized SocialFi platform where users earn, own, and govern, is opening its token sale to the public. The ICO is scheduled for November 10 through December 8, 2025. The presale is being held on Gempad ahead of the platform’s beta launch. a community-owned social network that integrates a fully loaded defi protocol, rabbitholes.fi is building the future of social media in the era of web3. Built on Solana for low fees and scale, rabbitholes.fi turns everyday engagement into on-chain rewards via the native token, $CARROTS.  Why It Matters Earn for engagement: Posts, comments, and memes accrue $CARROTS on-chain, turning time and creativity into measurable rewards. Community in a box: A fully on-chain stack for identity, earning, and governance (DAO over CEO) so users help steer features and economics. NFT avatars with revenue share: A forthcoming collection grants holders a 15% share of platform revenue (per published policy), plus staking utility and identity. social token creation: An integrated creator tool for tokenizing any kind of content, from comments and posts to instant meme-token launches and community-driven campaigns. Security and scale: Built on Solana and engaged for an independent SpyWolf audit to harden contracts and app flows. Public ICO and Presale Details ICO window: November 10 to December 8, 2025 Access: Presale live on Gempad Eligibility and compliance: Available globally without KYC except for users in restricted jurisdictions, including the USA, North Korea (DPRK), Iran, Sudan, Syria, and other sanctioned regions. Availability remains subject to local laws and regulations. Product Pillars Engage-to-Earn System: User activity drives yield and retention through a self-sustaining reward loop that converts posts, comments, and memes into on-chain value. $CARROTS Token: The core utility and governance asset that powers staking, engagement rewards, and long-term platform growth while aligning incentives across the community. NFT Avatars: Programmable digital identities that unlock staking access, DAO voting rights, and a 15% share of platform revenue for holders, reinforcing creator and community ownership. Meme Factory: A creator launchpad for instant token and community creation, designed to fuel culture, virality, and scalable grassroots participation. DAO Governance: Community-directed stewardship that prioritizes transparency, shared ownership, and platform longevity over centralized control. Founder Comment “Social shouldn’t be ad farms and lock-ins. It should be people-owned,” said Jmoon, founder of rabbitholes.fi . “With $CARROTS and revenue-sharing NFT avatars, we’re aligning culture, creators, and community so time online finally pays the people who make platforms valuable.” Official Channels Website: rabbitholes.fi X: @rabbitholesfi Discord: discord.gg/rabbitholes Telegram: rabbitholesfi About rabbitholes.fi rabbitholes.fi is a decentralized SocialFi platform on Solana that redistributes platform value to users and creators. Designed around earn, own, govern , rabbitholes.fi makes culture programmable and community‑led. Media Contact Alex H. Email: madhatter@rabbitholes.fi City/Country: New York, USA Disclaimer This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy any securities or digital assets. Any token sale will be conducted in compliance with applicable laws and may be unavailable in certain jurisdictions. Participation may require KYC/AML verification. Forward‑looking statements involve risks and uncertainties, including but not limited to market, regulatory, and technical factors.

ZEXX: The Next-Gen Crypto Powerhouse Gears Up for Exchange Launch

By Press Release • November 6, 2025
The future of decentralized finance is moving fast — and all eyes are on $ZEXX , the emerging crypto ecosystem built by Zexx Ai , that’s redefining speed, scalability, and real-world integration . After months of development, testing, and community momentum, ZEXX is officially preparing for its exchange debut , with confirmed listings on major global platforms including BitMart and Biconomy — signaling a massive leap forward for one of 2025 ’ s most anticipated crypto launches .  Powered by Zexx Ai ( www.zexxai.com ), the project combines cutting-edge blockchain technology with smart automation and AI-driven innovation — building a true ecosystem , not just another coin. “ZEXX isn’t just a token — it’s a movement powered by technology, community, and transparency,” said a ZEXX spokesperson. “Our exchange listings and presale success mark the beginning of a new chapter — one where every transaction fuels momentum and every holder becomes part of the growth story.” Presale Milestone Achieved With over $100,000 raised in its presale , ZEXX has proven early confidence from its community and investors worldwide — setting a strong foundation ahead of its exchange launch. The overwhelming response highlights the growing belief in ZEXX ’ s mission to merge crypto with AI-driven automation . What Sets ZEXX Apart ⚡ High-Speed Transactions — Built for performance, ensuring lightning-fast trades and ultra-low fees. 💎 Holder Rewards — Every transaction contributes to growth, giving back to the ZEXX community. 🌍 Ecosystem Expansion — DeFi utilities, marketplace integration, and AI-driven scalability. 🤖 The ZEXX Bot — A symbol of power and intelligence, representing the future of automation in Web3. As Exchange launch unfolds, ZEXX is focused on exchange accessibility, liquidity, and expanding its global footprint , with more partnerships and exchange announcements rolling out through Q4. “ZEXX was designed to move differently,” the team added. “We’re building something built to last — powered by AI, community, and innovation.” The future is fast. The future is smart. The future is ZEXX. Stay Connected: 🌐 Website: www.zexxai.com 💰 Co i n Portal : www.TheZexxCoin.com 🐦 X (Twitter): @Zexx_Coin 📣 Telegram: Zexx Coin Official Join the community for real-time updates and launch alerts

Fulcrum Launches Fully Insured Crypto Lending Platform Offering Up to 12% APR on BTC, 13% on SOL and 14% on USDT

By Press Release • November 4, 2025
Fulcrum Lending, the crypto-backed financial services provider, today announced the launch of its platform. Fulcrum is tailored exclusively for investors, individuals or businesses, looking to achieve higher returns on major crypto (BTC, ETH, BNB, SOL) and stablecoin deposits (USDC, USDT). With annual returns of up to 14%, full-insurance, FINMA license and the interest payouts in the crypto deposited; the platform offers investors a secure, high-yield alternative to traditional savings accounts. The platform has been in beta and alpha stages for the last 6 months and now it’s celebrating its release.  New Alternative to Outpace Inflation Traditional savings accounts struggle to keep pace with inflation, often leading to a gradual loss of value for investors. Crypto saving accounts do offer higher returns, but they don't offer insurance for incidents that are common in crypto space. Fulcrum offers an alternative that combines predictable high returns of crypto with a fully insured and licensed platform, allowing investors to grow their savings faster than inflation with peace of mind. This platform is designed to empower individuals with greater financial control, helping them to break away from low-yield savings accounts and achieve more flexibility in their financial plans. "Fulcrum has always been about empowering our community with innovative ways, and we prove this commitment by providing investors with a high-yield alternative to traditional savings accounts, while giving them a peace of mind with full insurance and regulation" said Matthew Curtis, CEO and Founder of Fulcrum Lending. “We operate a strict regulatory licensing and compliance rigidly in all operations, ensuring your trust in us is well-placed. We are licensed and regulated by Swiss financial authority FINMA. We also hold all customer assets in a qualified custody Fireworks, and we fully insure them. We offer you best rates on the market no matter the market conditions are, and our team is available 24/7”. Key Features of Fulcrum Platform Earn up to 12% APR on BTC and ETH, 13% on SOL and BNB Earn up to 14% APR on USDT and USDC Borrow USDT at 16% APR Predictable rates that don’t change with market conditions Full Insurance of user deposits by Lloyd’s of London Licensed and regulated by Swiss financial authority FINMA Backed by known incubator YCombinator Customer assets stored by trusted digital asset custodian Fireworks Flexible withdrawal options of daily, monthly, quarterly and semi-annually Unlike many crypto yield products that rely on high-risk trading strategies, Fulcrum generates returns exclusively from lending activity on platform providing over-collateralized loans, ensuring a lower risk profile for investors. This means the customer deposits are used to fund secured loans, not volatile trading ventures. Fulcrum also guarantees that crypto payouts are held in full reserve and never leveraged—your crypto is always protected and not exposed to additional risk. “We’re able to offer investors a compelling alternative to traditional savings accounts that’s built on the foundation of our secure, over-collateralized loan book,” said Andrew Owen, Chief Revenue Officer at Fulcrum. “We only have the option of 50% loan-to-value ratio. That means for every 1 BTC worth of credit, we get 2 BTC as collateral.” How the Fulcrum Interest Account Works Fulcrum platform accepts deposits in crypto (BTC, ETH, SOL, BNB) and stablecoins (USDC, USDT). Investors will be able to receive monthly interest payouts in the crypto they deposited, giving them the flexibility to tailor their returns to their financial goals. Withdrawals are available after different lock-in periods, differing from 1 day to 6 months. The more the platform users lock-in funds in the platform, more returns they receive. How the Fulcrum Borrowing Works With Fulcrum, anyone can have access to borrowing power of up to $1 million by using their crypto assets as collateral, within 24 hours and with no credit history required. In this way they can borrow cash and hold their coins to see them grow while avoiding taxes. Fulcrum offers over-collateralized crypto-backed loans, stored in qualified custody, and only with 50% LTV. The automated platform provides instant funding in USDT. Availability of Fulcrum platform Fulcrum platform is now accessible to individuals and corporate investors seeking a secure, high-yield alternative to traditional saving and borrowing options. About Fulcrum Lend Founded in 2025 and headquartered in Switzerland, Fulcrum Lending is the pioneer of fully insured crypto-backed lending. Fulcrum’s mission is to build and enable simple, familiar, and novel crypto financial products that increase access to financial opportunities and give consumers more control over their ability to generate long-term wealth. Fulcrum's crypto lending products enable its users to receive interest in their idle crypto assets and seamlessly access credit against their crypto portfolios. For more information, visit https://fulcrumlend.com
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