Articles

Affichage des articles du avril, 2022

SNACKCLUB Secures $9M Seed Funding To Launch Gaming DAO

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SNACKCLUB , an innovative LOUD-affiliated startup, has recently raised its seed funding at a valuation of $9 million from prominent investors including Animoca, Ascensive Assets, Formless Capital, Jump Crypto, Mechanism, OP Crypto, and Shima Capital. The company aims to leverage the capital to launch a decentralized autonomous organization (DAO) dedicated to tap into blockchain innovation and help reimagine ownership in gaming. SNACKCLUB is Funded and Growing Blockchain integration plays an important part in accelerating the development of new gaming models such as Play-to-Earn, other crypto-based models or the latest Move-to-Earn. The concept of ownership becomes more evident. Despite this, research on in-game currency, equipment, or virtual assets has not delivered a coherent notion because ownership in gaming is still in its infancy. The goal of SNACKCLUB is to eliminate limits and leverage different revenue sources in order to introduce actual asset ownership to gaming and p...

DEA Unveils July Launch Of New PlayMining Game Menya Dragon Ramen

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The interest in the play-to-earn (P2E) gaming landscape is accelerating rapidly, with dozens of new games entering the market regularly. Among the many well-known NFT gaming platforms, Singapore-based blockchain and multimedia entertainment firm Digital Entertainment Asset Pte. Ltd (DEA) has carved a name for itself through its PlayMining economic zone. PlayMining is a fast-growing blockchain-based NFT DeFi platform specifically designed to eliminate the lingering problems of secondary market transactions for both developers and users. The PlayMining ecosystem currently features four P2E games, three of which are overseen by the DEA team and one by the third-party game development company Burger Studio Inc. In a bid to further expand PlayMining’s offerings, the DEA team has now revealed the proposed launch date for a new P2E game titled Menya Dragon Ramen . Developed by Fly Penguin Inc., this new role-playing game (RPG) simulates the experience of owning and operating a real-world ...

Manta Backs ZPrize Contest To Accelerate Innovation In Zero-Knowledge Tech

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Manta Network is teaming up with some of the biggest names in crypto and tech to offer prizes totalling $7 million to teams that can innovate and ramp up zero-knowledge cryptography, a key technology that many believe is essential for scaling blockchain transactions. Announced earlier this month, the ZPrize contest is sponsored by a consortium of 21 Web3 organizations including the Ethereum Foundation, Polkadot and Polygon, plus the semiconductor titans AMD and Xilinx, which are providing the necessary computing gear for participants. The ZPrize contest will dish out multiple awards to teams that can create new open-source algorithms and techniques that boost the performance of so-called zero-knowledge proofs beyond what the best existing systems are capable of. All submissions must be open-sourced so that the entire blockchain community can benefit from their innovations. Zero-knowledge proofs make it possible for blockchain transactions to be executed secretly, without any tr...

DC’s NFT Bat Cowl Collection Launched: New Features Coming

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DC Comics, one of the world’s most well-known comic publishers, is moving forward with the debut of a new NFT collection dedicated to Batman in collaboration with Palm NFT Studio. The two parties’ partnership represents the two parent forces: entertainment behemoth Warner Bros. and ConsenSys founder Joseph Lubin. ConsenSys is also the developer of the popular wallet software Metamask. Following the announcement, from Tuesday April 26, the NFT drop is officially open for pre-sale. The collection, dubbed NFT Bat Cowl, has a total of 200,000 Palm-minted NFT, with each NFT worth at $300. The new NFT collection is available through the project’s official website. DC expects that the launch will generate around $60 million in revenue. Major Moves From DC in the NFT Space On social media, Palm NFT Studio teased a couple of NFTs from the collection. Each Bat Cowl NFT is a weapon, a shield; a piece of sophisticated innovation designed by Batman to take on criminals from the past, presen...

Yuga Labs’ Otherside Is Close To Launch: With One Important Requirement

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Yuga Labs , the team behind the well-known NFT collection Bored Ape Yacht Club, amazed the Twitter community on March 19 with a teaser of a forthcoming virtual world named the Otherside . Until now, the video has gathered over 2.7 million viewers and has aroused high expectations among the community. The team has just shared additional details on the metaverse’s launch before the end of April, as well as a few important remarks about the Otherside’s next stages. Here Comes Otherside According to the April 23 updates, Yuga Labs has stated that the release date of Otherside is set for April 30 at 12pm ET. Otherside’s official Discord channel was also published, allowing users to join, follow, and chat with one another. The announcement refuted previous rumors. Otherside was not set to be released on April 20th, World Cannabis Day. Nonetheless, the official announcement came on a significant day – the one-year anniversary of the launch of BAYC. Those who want to participate in the ...

Blindex Launches Two New Stablecoins on The Rootstock Ecosystem

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Blindex , a producer of multi-currency stablecoin algorithms, is also one of the latest protocol developers integrating its protocols with RSK by launching two algorithmic stablecoins to the ecosystem, $bGBP (Great British Pound) and $bXAU (gold). By bringing smart contract functionality to the Bitcoin network, the Rootstock ecosystem has been attracting DeFi protocols to the network. The birth of Bitcoin DeFi is another motivation for more projects which are seeking to leverage Bitcoin’s network security and RSK’s functionality. Blindex is Crafting Stablecoin Options RSK is one of the world’s most secure smart contract platforms. The platform is secured by Bitcoin’s hash power via merge-mining. The RSK network can scale up to 100 transactions per second without sacrificing decentralization. Also, by using probabilistic verification, it can reduce storage and bandwidth. RIF, RSK Infrastructure Framework, is a suite of open and decentralized infrastructure protocols that allows f...

Jelurida Joins The Ticino Blockchain Technologies Association As Gold Member

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Jelurida is teaming up with the Ticino Blockchain Technologies Association. The company recently told media that it will be working with the Ticino Blockchain Technologies Association in various ways. Its portfolio of projects, such as Nxt, Ardor, and the IGNIS blockchain ecosystem should benefit from the new tie-up. The Ticino Blockchain Technologies Association (TBTA) is located in Lugano, Switzerland, and plans to spread Jelurida’s tech among local groups, such as universities and regional crypto organizations. With this wider acceptance of the technology, development is likely to follow. The TBTA President Giacomo Poretti commented, “It’s good to see how innovative our partners are in supporting and scaling blockchain projects. Thank you Jelurida for your insightful presentation at our first Think Tank of 2022. We look forward to the next developments and project collaborations between you and our partners.” Jelurida is working to create a number of next-generation blockch...

FLUID Partners With Lossless to Combat Hacking, Fraud

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According to a recent announcement, FLUID, an ultra-low latency liquidity aggregator, has announced its newest partnership with Lossless, the world’s first DeFi hack mitigation tool for token creators. Under this cooperation, FLUID will integrate the LERC20 standard of Lossless to power its $FLD token hack mitigation capabilities of detecting fraud to freeze fraudulent transactions as well as reverse stolen funds. FLUID Is Working To Bring Better Security to The DeFi Space FLUID uses AI quant-based models to tackle inefficient fragmented liquidity in virtual asset markets. The Dubai-based company is changing the virtual assets industry in liquidity aggregation with high throughput, ultra-low latency, and costs, as well as, zero counterparty risk, which are the result of the company’s AI quant-based solutions. Lossless is the world’s first DeFi hack mitigation tool thanks to its known cyber security solutions and renowned professionals. In addition, its community also plays a ro...

Game Of Silks & Arbitrum Team Up To Provide Layer-2 Solution For Horse Racing Metaverse

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The first derivative Play-to-Earn metaverse Game of Silks announced its partnership with layer-2 protocol Artribum in efforts to deliver users better on-platform experience. Under the partnership, Game of Silks will take advantage of scalability solutions and negate constraints affecting the Ethereum blockchain. The collaboration aims to address one of the major issues with Ethereum blockchain – scalability, which has led to high gas fees, low transaction throughput and liquidity. The main goal is to scale beyond these current technical constraints and provide better user experience for Silks’ metaverse. Game of Silks Will be Faster Creating better functionality is an essential move since developments on Ethereum today currently face numerous network limitations. While Ethereum offers top-notch network security and developer tools, it is plagued by slow speeds and high transaction fees. Many of these problems are expected to be tackled once the network combines with the Beacon ...

Nissan & Toyota Race Into The Metaverse

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The latest names to join the Metaverse race amid rising industry excitement are Japan’s auto manufacturing giants Nissan and Toyota. Imagine that you can attend a car exhibition in Tokyo or participate in a virtual meeting from anywhere in the world. These extraordinary experiences will soon become a reality, as Nissan and Toyota aim to provide customers with virtual adventures. Nissan and Toyota See The Potential of the Metaverse The two giants, however, tap into the technology in different ways. With Nissan, it’s all about a virtual reality version of Nissan showroom, which is set to launch in Ginza, Tokyo. Nissan and the American platform VRChat have also collaborated on the establishment. Several virtual showrooms, automobile releases, and other activities will take place in the VR space. This VR area will also have the new SUV-like electric automobile Ariya. Nissan announced the integration of Invisible-to-Visible, an augmented reality interface that connects to the Metavers...

Arker – The Legend of Ohm: A Korean Style Play-to-Earn Turn-Based Game

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Arker is a game that places you within the role of controlling a hero along with his pet in order to regain control of the dominion of Ohm. But know this, you’ll not fight alone! You’ll have the chance to be a part of a clan to attain your goal but it’ll not be easy! The enemy will always try to defeat you and your clan. This game let’s you play in a great environment – and earn rewards. Skills, runes, equipment, characters, pets and incredible PVP / PVE content will make your stay in Ohm unforgettable. Arker is inspired by the mythical games of Korea fast-play and can not only be a fun game but it’ll allow you to share moments with other friends and acquire great rewards. Get Into The Game With Arker The Arker model is built on “play to earn” from the start you may be able to obtain items which can be sold within the marketplace which will cause you to obtain financial rewards. Players can win rewards by: Fighting against other players will allow you to earn FoA tokens Play...

Jack Dorsey Says Ethereum Has Many Single Points of Failure

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Since the outset, it has been evident that Twitter’s former CEO is not a supporter of the Ethereum blockchain. Too often, the founder has stated that he is a diehard Bitcoin supporter who is uninterested in Ethereum. Jack Dorsey recently demonstrated his opposition against the second-largest digital asset and the blockchain in general.  To wit, “If you’re building on Ethereum you have at least one, if not many, single points of failure and therefore not interesting to me.” Jack Dorsey Slams Ethereum Network Dorsey’s belief in Bitcoin is almost absolute. He consistently emphasizes that everyone should focus on the development of safe and adaptable technology that is not influenced by any middleman, individuals, or organizations. The former Square and Twitter CEO is one of the most prominent Bitcoin supporters, having previously stated that he will leave both firms to focus only on Bitcoin. “Bitcoin absolutely changes everything,” Dorsey stated at the Bitcoin 2021 confe...

Ambire Wallet: Non-Custodial DeFi Wallet with Email Authentication

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Ambire Wallet has some new ideas about what a crypto wallet should be. It is open-source and has been built to target security, with multiple audits being conducted on both the smart contracts and the UI. This crypto wallet is the first non-custodial open-source wallet with email registration so that users don’t need to worry about seed phrases, but still have full control over their wallets. Let’s take a deeper look at Ambire Wallet, and all the great features it offers! What is Ambire Wallet? Today, crypto is accepted more widespread and wider marking a new era for the global economy. The crypto industry has been booming as a potential area which is opening tons of opportunities for investors to earn money in addition to the traditional ways such as stock. Since Ambire is open source, even if Ambie is down for some reason, users can still have their wallets self-hosted. Like a wallet to protect your cash and credit cards, you also need a place where you’re going to store you...

Koinly Review: Cryptocurrency Tax Software for Automatic Tax Reports

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Koinly is an online crypto tax platform that allows you to monitor all your crypto activities and generate regulatory compliant tax reports. Koinly allows you to integrate your wallets and keep track of activities including trading, mining, staking, lending, and airdrops and simplifies the process of recording all the ins and outs. Koinly can be used to automatically import transactions, and monitors all market prices, wallet transfers, calculates your crypto gains/losses, and generates tax reports. The platform is available in over 20 countries and integrates over 6,000 blockchains, 350 exchanges, and 75 wallets and provides a comprehensive crypto tax reporting service. The platform can be used for free with paid plans ranging from $49 to $279 per tax year. Visit Koinly Overview Koinly was founded in 2018 by Robin Singh and the company retains business locations in the UK, US, Sweden, and Germany. The company operates out of retains a presence in Palo Alto, California 95124, ...