NovaBit Trading Center

Decrypt, Rug Radio Launch MYRIAD at Epic R HAUS Event During Art Basel Miami

Dec 14, 2024
6
read

The leading lights of crypto and Web3 jetted to Miami’s Art Basel for a glitzy R HAUS event that saw the launch of Decrypt and Rug Radio’s “integrated media ecosystem” MYRIAD.

With views over Miami Beach and parties, auctions, brunches and networking events sponsored by partners including  CryptoPunks, MOG, Galaxis, BC Games, Infinite Objects, DeLorean, Christie’s, Ledger, CFN, White Walls and Geojam, R HAUS was the showpiece event for the crypto faithful at Art Basel.

Over three days of vibes, brunch events and parties, guests enjoyed drinks by Padre Azul, Goat Rhum, Moonbird Gin, Amnisia Vodka, Rekt Drinks and Happy Dad, admired artwork displays by White Walls and Infinite Objects and took in custom heavy gold and diamonds by Crypto Jeweler. Top Web3 brands joined in, with hardware wallet manufacturer Ledger showcasing its latest products, the top-of-the-line Ledger Stax and newly launched Ledger Flex, alongside partners Gaia, UNFK, BING BONG, BLINK2X, and EXP.

(L-R) DASTAN Co-Founders, COO Ilan Hazan, CEO Loxley Fernandes, Polkamarkets Co-Founder and CEO Alex Solleiro, DASTAN Co-Founder and President Farokh Sarmad. Image: DASTAN

At the event, Decrypt and Rug Radio’s parent company DASTAN announced the beta launch of MYRIAD, an on-chain prediction market designed to create new forms of reader engagement that rewards users, creators and advertisers.

The new platform uses decentralized technology to “reshape the way news is distributed and consumed and restore trust in the media,” said DASTAN co-founder and COO Ilan Hazan.

Three days of vibes

Across three days of events, R HAUS brought together builders, collectors and brands. In partnership with auction house Christie’s, the event showcased the potential of crypto art, with displays by White Walls and Infinite Objects running throughout the three days.

“The vibes were great, the art was wonderful,” said a spokesperson for White Walls, while Infinite Objects founder Joe was “thrilled to be able to contribute to the vibes at RHAUS at Art Basel in Miami for the second year in a row,” adding that. “We couldn't think of a more epic way to debut our new XXL 26" Square Wood product including the White Walls integration that made each event over the three days that much more unique."

Decrypt University x Galaxis

Day 1 also saw a Friends & Family night sponsored by Web3 SocialFi platform Galaxis and next-gen collectibles brand ElmonX, showcasing ElmonX’s TimePunks by luxury watch brand Jacob & Co.

At the event, Decrypt announced that it would relaunch its educational platform Decrypt University with a major upgrade incorporating Galaxis’ on-chain certification and “dynamic utilities.”

Speaking to Rug Radio founder Farokh Sarmad, Galaxis CEO Gergely Fábián hailed the integration of its technology into Decrypt University as a “really good showcase” for on-chain certification and the “benefits you can add to the community.”

Fight Night

Day 2 featured a battle royale as CFN showcased a live watch party of the Ansem vs Bitboy Crypto Fight Night, with guests gathering around poolside screens to watch the crypto influencers come to blows—and tracking the expected outcome on MYRIAD’s prediction market.

Meme coin MOG brought the cool cats out to party with a degen-themed brunch party that saw Moggers mingling under the Florida sun to the strains of BLONDISH’s DJ set. Later, the One-of-One experiences auction co-hosted by Geojam and SuperSnake saw guests bidding on Geojam experiences in support of F*ck Cancer.

It’s a Pudgy World, we’re living in it 

The final day of R HAUS saw guests chill out with NFT collection Pudgy Penguins and Abstract Chain, the blockchain developed by Pudgy Penguins’ parent company Igloo, Inc.

At a Builders Recovery Brunch presented by Abstract Chain and sponsored by Hello Moon and Legion, DASTAN Co-Founder and President Farokh Sarmad took to the stage to announce that MYRIAD would build its “premier consumer experience” atop the Ethereum layer-2 chain. “This is something that we’ve been cooking for a long time, and we finally get to do business together,” Sarmad said, adding that Abstract has “one of the best tech teams that our devs have ever worked with.”

MYRIAD also revealed that the platform’s first Community Contest would be conducted in partnership with Pudgy Penguins. “If you own a Pudgy Penguin, we’ve made custom markets for all of y’all to sign up, earn extra points and participate into the market today,” Sarmad said.

“You can now trade or make some bets on different Pudgy Penguins lore, and things that you think are going to happen on MYRIAD,” said Pudgy Penguins CEO Luca Netz, adding that the next few months are set to be “super exciting” for the NFT collection, with the impending launch of its PENGU token and Pudgy Party mobile game. “We’ve got a lot more clips in the chamber,” he said.

At the closing event in partnership with DeLorean Labs, the EV manufacturer showcased its upcoming DMC token launch. The token will “power our ecosystem and give all the millions of DeLorean fans around the world a chance to participate with the brand,” said Evan Kuhn, President of DeLorean Labs. The token would also enable the iconic car brand to “bring real-world assets to Web3,” including its upcoming new EV.