Category: Company News

NFTs have seen a steady increase over the last few years, seeing trading volumes in quarter three of 2021 reach nearly $11 Billion. This year has seen just as much success for this new investment class, with an estimated 250,000 people trading NFTs each month on OpenSea.

As the progression of NFTs presses forward, new use cases are found, bringing new utility and functionality to these tokens.

One industry that has adopted NFTs is sports. With the popularity of sports, many new users flock to NFTs, bringing these once niche tokens to the mainstream. Sports NFTs typically depict game moments, players, and more, providing fans with innovative ways to support their favorite teams or players.

Overeality has created a metaverse community bringing together sports fans and NFT users together using its new form of social token governed by DAO technology. Overeality has improved access to the digital economy with its platform, making it easier for fans to support the sport they love.

Overeality has created a metaverse and NFT community that is focused, curated, accessible, and driven by people. Their platform gives everyone involved agency by allowing them to have ‘skin in the game’ and equity in all future endeavors.

New Partnership

Overeality has recently partnered with Vinícius José Paixão de Oliveira Júnior or Vini Jr., a Brazilian professional footballer who plays as a forward for Spanish club Real Madrid and the Brazil national team. This strategic partnership will include a series of exclusive NFTs that will drop on Overeality’s platform.

The collaboration with Vini Jr. has led to the creation of four NFT drops featuring his likeness that will be minted, marketed, and sold. There will also be autographed memorabilia given to a few lucky token holders.

While this is the first partnership made by Overeality that was announced to the public, the project already has plans to partner with many other prominent figures within the sports industry, which will soon be announced.

More on Overeality’s Metaverse & NFT Community

Recently, Overeality launched its curated metaverse and NFT community that encourages those within the digital economy to get involved and explore.

By combining an accessible, easy-to-use platform with sports and NFTs, Overeality looks to build something that mainstream audiences can quickly adopt and use. The platform’s authentic NFTs featuring some of the world’s most prominent celebrities, GameFi experiences, and events for the community will help foster a userbase that will shape the way fans interact with sports, athletes, and celebrities.

The fan-driven marketplace created by Overeality also allows DAOs to pick the next original IP NFTs depicting some of the most ubiquitous names in sports, music, and entertainment to mint. This marketplace will also allow users to interact and join communities surrounding exciting new tokens so they can get involved and keep up to date with the latest and greatest from the industry.

The platform also tends to creators just as much as it does for those looking to purchase new NFTs. Through the marketplace, NFT creators can showcase and launch their new projects to relevant and receptive communities, with the community members themselves choosing which one is greenlit. Each token holder has a say in what NFTs are created with this system, giving them a crucial role in the governance process.

The community-based tokens created by Overeality guarantee token holders sustained equity over time. The powerfully portable technology designed by Overeality is also platform-agnostic and interoperable for other blockchains. Each part of the platform’s design was built to help level the playing field for investors and bring people together, as only the blockchain can do.

One of the most significant ambitions Overeality has is to cultivate unique individual NFT cultures within the metaverse, which will help bring together important cultural hallmarks and iconic brands from the real world into the virtual space.

 

Image: Pixabay

The metaverse is the next major technological framework, luring online game developers, social networks, and other technology professionals to an approximately $800 billion market potential. It is creating a merger between the physical and digital domains in the next development of the internet and social networks utilising real-time 3D elements.

In fact, metaverse technologies are already being used in a variety of ways, including technical skill training, communication skill development, and cooperation. In fact, during the epidemic, Accenture workers gathered and were onboarded in their virtual workplace. And, PwC employees who communicate with advisers in Hong Kong have also engaged in Sandbox, a virtual realm where PwC acquired virtual real estate.

Despite this growing interest in the metaverse, there has been consistent criticism of the environmental effect of data centres, energy use, and other aspects of the technologies behind metaverse. Building an infrastructure for metaverse involving the integration of blockchain, AI, etc involves the use of an enormous amount of computation and electric energy and this has caused worry within certain communities.

The Problem with Energy Intensive Tech Powering the Metaverse

The Metaverse’s reliance on virtual reality (VR) technology and data centres will have a negative influence on the environment. While data centres use artificial intelligence to monitor eye and hand movements, virtual reality is dependent on cloud services. And, operating such plants requires a massive quantity of energy, which has a major environmental cost.

In fact, a report by the UK-based digital transformation consultant ECS, states that training a single AI model may emit over 626,000 pounds of carbon dioxide, which is more than five times the lifetime output of an average automobile. Even according to Lancaster University experts, a scenario in which 30% of gamers have moved to cloud gaming platforms by 2030 will result in a 30% increase in carbon emissions above present gaming.

Along with the impact of AI, there is also an environmental concern with blockchain solutions such as NFTs, which are expected to fuel the metaverse. NFTs consume a significant amount of energy. Since most creators continue to utilise Ethereum, a proof-of-work consensus mechanism, it includes mining, which is an energy-intensive computer activity. As a fact, Ethereum consumes around 31 terawatt-hours (TWh) of power every year, roughly the same as the whole country of Nigeria.

Although the metaverse appears to be a fancy and magnificent technology, the science behind it has prompted several concerns about its high energy consumption. However, things are slowly changing as new projects enter the fray with innovative eco-friendly metaverse solutions.

Potential Solutions on the Rise

Developers and crypto enthusiasts are now working to ensure the blockchain and crypto ecosystem’s long-term viability. Many NFT and P2E projects are implementing an environment-friendly layer into their ecosystem to tackle the energy problem. One such project implementing such less energy-intensive strategies is Planet Mojo.

Planet Mojo is a player vs. player (PvP) cross-platform auto chess game reinvented for blockchain, allowing players to own their game characters (as NFTs) and play-to-earn in ongoing tournaments. Players will have the option to use their customised game characters and assets across an upcoming suite of games set inside the Planet Mojo universe.

Interestingly, it is one of the few projects that is aiming to keep the core principles of green crypto alive by choosing to build on Polygon due to its low gas fess. Moreover, its plans to partner with carbon-neutral environmental groups to give back and help the planet on a regular basis has caught the attention of many. While continually building a robust P2E game, the game is also keeping the green NFTs approach alive.

Building a Green Crypto Ecosystem

Although metaverse is still in its early phase, it has significantly contributed to high emissions. With truly robust VR environments, it would be possible for emissions to go above the roof. However, a combination of hardware, software, and protocol upgrades may be able to mitigate the worst consequences of the metaverse. Moreover, with projects like Planet Mojo building environment-friendly projects from the base, things may turn out to change positively.

However, it is too early to state the environmental consequences of a metaverse. More research and analysis must be done in order to come to conclusions. At the same time, innovations in the blockchain space on the green ecosystem cannot be ignored. We are at the start of a revolution, let’s wait and watch how things unfold.

As sub-Saharan Africa develops, it is becoming increasingly dependent on transportation services – worker and leisure commutes, freight and industrial material transportation, and other movement activities involved in building emerging economies are putting strain on the continent’s logistics. Many new entrepreneurs have seized the opportunity by starting taxi and parcel delivery services of their own. However, the majority of these enterprises rely on cheap motorcycles equipped with inefficient engines.

Making up almost half of all vehicles being driven, the pollution emitted by these motorcycles is leading to ecological damage and an increased incidence of disease across sub-Saharan Africa. Wanting to make a difference, Bob Eco, an electric vehicle and renewable energy company, is on a mission to electrify as many of these motorcycles as possible. Offering free battery recharges, Bob Eco is giving drivers the opportunity to go green and save on refueling costs – each Bob Eco driver saves 5 tons of CO2 emissions per year and nearly quadruples their take-home pay.

Based on real-world land surveys, Bob Eco’s headlining Model-X is the perfect e-bike for developing countries. It has been meticulously designed and engineered to elevate public expectations of what a taxi or ride-sharing motorcycle should be. Equipped with a comfortable extra seat and board-style tandem footrests, the Model-X can comfortably accommodate tandem riders. Additionally, sporting a rear carrier and suspension capable of handling heavy loads, the Model-X is perfect for carrying small to mid-sized parcels.

In countries where only price counts and quality is left out of the equation, Bob Eco offers something unique. In developing countries, the majority of cheap petrol-fuelled bikes begin breaking down and requiring weekly repairs after only one year of usage, causing heavy costs for drivers. Bob Eco is making a difference by offering high-quality motorbikes that will last for 10 years and still cost the same to lease as a petrol-fuelled bike – the only difference being that the lease is stretched for a longer term.

At the heart of the Model-X is Bob Eco’s proven powertrain, delivering both unprecedented range and a thrilling riding experience. And as with every Bob Eco vehicle, the Model-X is equipped with a class-leading rechargeable battery. Bob Eco’s batteries are built with a sturdy heat-wicking aluminum alloy shell and incorporate a technology that armors their cells. Thus, Bob Eco’s batteries are resistant to the elements and extremely durable, perfect for the terrain of developing countries.

Also, repairs are something Bob Eco thought of since most of the roads are bad and there are many road accidents, for a new and unique model there should be a lot of spare parts and specialists that know how to repair a unique type of motorcycle. The complete motorcycle (except for the back wheel engine, batteries, and unique electrical components connecting the two) is built with the same parts that are being used for the large majority of the motorcycles. This makes finding replacements for 90% of the parts that need replacement during regular checks easy and cheap, also it doesn’t require specialist knowledge and special tools.

Powered by two state-of-the-art lithium-ion batteries that can carry passengers up to 140 kilometers with a battery pack, making long-distance rides no problem. The batteries are not heavy to carry and can easily be removed from the locked battery holders.

Model-X drivers are welcome to swap dead and dying batteries for freshly recharged ones at any one of Bob Eco’s charging stations, mapped out across Africa, completely free of charge. Combined with its overall design, this established the Model-X as the ultimate strategic motorcycle for emerging markets. It is perfect both for the planet and logistics entrepreneurs wanting to save money. The batteries used for the Model-X are the same ones used for the other African models, optimizing the efficiency of the Bob Ecosystem.

All Model-X motorcycles and batteries are individually connected to the internet with a SIM card. Both also have an individual tracker hidden inside the structure, trying to remove or disarm will lead to deadlock to the motorcycle’s BMS (battery management system), rendering them useless.

The battery management system is the brain of the smart motorcycles, not only does it give protection against theft, but it also helps to constantly analyze the motorcycle. It shows all the statistics of the battery, notices irregularities and maintains the battery’s quality.

The battery management system shows where the motorcycle is located so they can be followed by the admin. The model-X can even be shut down by the admin. This is only done in case of theft and in case of payment defaults during the leasing period.  Then the motorcycle can only be unlocked by either paying the owed amounts or by making an arrangement with the lessor.

Also during the leasing period, the motorcycle is not able to leave its assigned driving zone, to avoid a lessee from stealing the motorcycle by driving off to another country or region.

The Model-X was developed by the Bob Eco, Jincheng Suzuki partnership to create the ultimate motorcycle for the African market, so all elements described and more have been based on decades of experience in the two- and three-wheeler market in developing countries.

Across their range of electric two and three-wheelers, Bob Eco offers a product for every task. Whether it be single-person or family transports, or hauling loads small or large, Bob Eco has drivers covered.

Viblos, a disintermediated, decentralized and direct revenue-based platform for content producers, has announced the upcoming launch of its White Paper 1.1. The platform is very near to its beta launch and community enthusiasm has been growing rapidly. The platform conducted its AMA session on February 25th amidst the growing community’s demand for more information.

Through an algorithmic validation approach that’s based on community consensus, the Viblos platform allows its community to approve their works before introducing them to the market. The creators’ work is also monetizable on the platform. Viblos is a decentralized autonomous organization that was founded in order to give users control over the media that they create and consume on the platform. The Viblos’ DAO is the social media counterpart to Switzerland’s direct democracy. Governance is in the hands of its users, who are in charge of their own data and privacy.

Over the past decade, prominent social media platforms such as Facebook, Instagram and Twitter have progressed from being basic entertainment venues to becoming a cornerstone in many communities’ way of life. Today, these sites are owned by a small number of major platforms that have complete control over the internet. While these platforms undoubtedly provide a respectable service to their consumers, the benefits they provide come at an exorbitant price which most users are unaware of. This is primarily due to the fact that the vast majority of users don’t actually read through all of the terms and conditions when joining a social networking site. In addition to disregarding consumer privacy, the algorithms and political inclination of these platforms are skewed when it comes to ranking content. The fact of the matter is that major social media platforms have taken on a dynamic that’s perilous for our right to free expression.

What Makes Viblos Unique?

Viblos is a tokenized mixed social network that promotes business, community building, and democratic, free-expression-based social interactions. While there are of course boundaries that should never be crossed, Viblos, unlike most of the major platforms, would never demonetize or censor someone for having a different perspective. Viblos is unique in that it not only incorporates concepts from major social networks, but has also pioneered a new business model and privacy policies in the social networking space. Viblos’ construct is reinforced by its blockchain and allows users to share and monetize their personal data in a transparent, secure, and verifiable manner. The Viblos token forms the heart of the Viblos ecosystem.

Built FOR the people, BY the people: The first decentralized social network based on blockchain technology and the principles of Swiss democracy. Viblos is designed to give the power back to the people: by transforming them from passive commodities on social media sites such as Facebook, Twitter, and Instagram, into active earners in this new economy.

Join the new economic ecosystem: Viblos is not just a social network – it’s a personal ecosystem within the global economy that affords all of us the opportunity to get a fair share of the profits. Users can finally say goodbye to ad-supported social networks. Viblos turns every member into a stakeholder and is fully committed to keeping it that way.

Blockchain: The Liberating Force: Viblos is built on DAO blockchain technology, which allows for secure, transparent, and tamper-proof transactions between users. This means that all interactions on the network, including voting, content sharing and earning rewards, are logged and verified.

New business models for its users: Viblos is a much better alternative than conventional social networks, as it not only provides its users with all of the advantages, but offers them new business models as well. In addition, it doesn’t demonetize, abuse, or invade the privacy of participants. With Viblos, there are several ways in which users can earn income by renting content or staking the tokens to create and share NFTs on the platform.

Freedom and zero demonetization: Viblos won’t ever punish creators for having different views, and because the platform is decentralized, every decision related to content will be decided upon democratically. The Viblos ecosystem is simple to use and seeks to remove the complex hindrances that are present in the traditional social media sector.

In order to empower and build their enterprises, Viblos further plans to create a common thread and communication channel between celebrities and influencers and their networks. Simply put, Viblos is a go-to platform where all of your wants and goals, whatever they may be, can come true. Our mantra is “one minute is enough; everything is possible within Viblos”.

Viblos is a component of both the Internet of Things (IoT) and the Internet of People (IoP). The company is building this platform to help content creators make a decent income by giving their skills and social interactions a certain value. Current social media networks are infrastructure-centric and therefore unable to meet modern society’s demands. The entire concept of cyber-physical convergence is to improve social interactions through an open, transparent, verifiable and secure platform.

 

Today it is common for retailers to offer cash-back as a marketing strategy to attract online shoppers. Working with merchants and implementing a variety of techniques, cash-back companies give competitive rewards for retail transactions to incentivize more spending. Among those merchants is the SocialGood App who currently has 1.85 million users around the world.

THE SOCIALGOOD APP

Currently the SocialGood App holds the highest reward rates of any crypto back service worldwide. SocialGood makes it easy to earn crypto rewards from your usual shopping, so you can get more free cryptocurrency gains.

SocialGood is a blockchain initiative that aims to rebuild capitalism as we know it by creating a donation machine that combines blockchain and artificial intelligence. The app can be downloaded on Google Play for Android and Apple Store for iPhones, and by using it, users could receive up to 100% of their purchase back in crypto. This will be reflected within a few days after SocialGood has received confirmation of your purchase from any of its affiliated shops.

It’s as easy as 1,2,3! One, download the app. Two, shop from your favorite stores through the app. Three, earn up to 100% back in crypto rewards. It’s like shopping for free. In addition, you get a $30 sign up bonus if you join now.

EARN CRYPTO BACK THROUGH THE APP

1. Buy what you like with FIAT currency:

The first step for users is to choose the FIAT payment method they prefer (Credit or Debit Card, PayPal, etc.), then shop like usual and make their purchases. Then based on that purchase, get up to 100% crypto back, up to $10,000, per purchase.

2. Get Crypto & Products

After approximately one month, the users receive up to $10,000 in crypto back from their shopping. The crypto they receive is known as SocialGood (abbreviated to SG). Through shopping with the app, they receive up to 100% of the purchase price (crypto back will be reflected in the app after purchase confirmation is received from the online store).

It is important to remember that the maximum amount per purchase is capped at $10,000 in crypto back, however, users can make as many purchases as they like.

3. Withdrawing the Crypto earned

SG can be withdrawn after the partner company approves the purchase (this process takes around one month). To know the value of the crypto back earned, users can look on Bittrex, BitMart, and Uniswap where SG is listed, as well as by checking the price on Coinmarketcap and Coingecko.

To understand how the price is calculated, there is an explanation below:

SG has a supply cap, similar to Bitcoin, which means that as the number of holders rises the value can rise as well. Then, how much will the value rise if the number of holders increases? Let’s analyze based on objective data (see here for more details).One thing to keep in mind is that there is a maximum amount per purchase – $10,000 – but you can make as many purchases as you like. By doing everyday shopping, users as consumers can build up their assets at no cost to them. The more the company’s sales increase, the more users increase, and the core value of the assets tends to rise. As a result, when consumers shop from their retail partners through the network, they are given a portion of their purchase price in SG digital assets for free.

ADDITIONAL BENEFITS

The SocialGood App is user friendly and super easy for anyone to use, it introduces the cryptoverse to the average person who may not be familiar with crypto assets, cryptocurrencies and the like, in a very straightforward manner.

In the Social Good Ecosystem, the more users purchase products, the more they increase their assets, and at the same time automatically contribute to society.  Since the launch of their service in March 2019, over 1.85 million users have joined the app. Companies such as Aliexpress, BestBuy, Cole Haan, eBay, and Booking.com are in this ecosystem and in total partnerships have been secured with over 1,860 major companies internationally as of the end of May 2020.

SocialGood has provided cryptoback to all users who have made purchases on the app when they’ve met the cryptoback terms and conditions.

By putting partner companies on the App, the operating company is able to receive advertising revenue from their business. As the partner companies are happy to have a new way of increasing their customer base, users are able to partner with more companies daily.

The SocialGood App is available on iOS and Android

For more information on the SocialGood referral program, follow this link.

 

Non-fungible tokens (NFTs) are all the rage right now, and for good reason; these digital tokens offer verifiable certificates of authenticity for just about anything virtually imaginable. From your favourite sports collectibles to artwork and even real estate!

One year ago, Beeple’s “Everydays: The First 5000 Days” sold for over USD 69 million as an NFT at the prestigious auction house Christie’s. Since then, NFTs have undergone a radical paradigm shift from being an obscure tech phenomenon to a mainstream one. The NFT industry has continued to expand at an astounding rate, with conservative estimates indicating that this area has risen by more than 1,785% since Q1 of 2021. The explosive trend involving NFTs has led the sales volume of NFT marketplaces to skyrocket to over USD 40 billion.

This has happened with people realising that the current day perception of authenticity is falsifiable and replicable. This has also caused damage to the creator economy where content is copied with zero credit to the original artist.

NFTs Promise to Change the Power Dynamics of Web 2.0 Entertainment and Gaming

Traditionally, Web 2.0 networking and media platforms like TikTok, YouTube, and Instagram have given creators some control over how they promote and advertise their content. Yet there’s a long way to go before creators can adequately monetise their content.

On that path, Web 3.0 and NFTs appear to be the next major leap. With their help, the creator economy is getting a massive upgrade wherein artists and creators from all walks of life can potentially monetise their content from the get-go. For instance, NFTs in the entertainment industry, particularly, music and art, have allowed artists to truly own their content and deal with their community directly rather than through intermediary auction houses, record labels and production studios.

These use cases, however, are only scratching the surface of the utility that NFTs can bring. The NFT segment is predicted to reach a market cap of USD 80 billion by 2025 as NFT use cases proliferate across healthcare, supply chain provenance, gaming, music, real estate and art.

In the gaming sector, traditional Web 2.0 games have long faced the issue of centralization with the game’s developers reaping all the rewards. Exclusive content, skins, battle passes, weapons, traits and other in-game collectibles are often constricted to the games they are purchased on and have no real use or value case beyond the game itself.

Web 3.0 does away with these limitations by letting you carry over your in-game assets to other games you are interested in. Breaking out of these confines brings more value to your NFTs and better facilitates Play-to-Earn (P2E) models to incentivize everyone to be a part of the community.

EIP 3664: The Next Generation NFT Gaming Protocol

Web 3.0 has been a game-changer (pun intended) when it comes to how players can be involved within virtual spaces. Web 2.0 games favored only the owners/developers of the game to reap the rewards. The effort put in by the players for earning in-game assets is virtually meaningless as they have no real utility beyond the game. In contrast, Web 3.0 games or blockchain games place users at the center of their economic model, allow them to own their in-game assets as NFTs, and also peg utilities to those assets that extend beyond the game itself.

To bring such gaming features to life, developers used the ERC1155 protocol. The token standard allowed developers to do much more than before. But as with most evolutions, it still had its limits. It could not alter game props for upgrades, additional attributes, and so on. It simply could not imbibe the props’ rich features and functions into the smart contract.

Cradles has developed a brand new NFT protocol to help combat some of the drawbacks. The EIP3664 protocol is fully compatible with ERC1155 to help game developers expand their operations with gaming NFTs.

Using variants of ERC20 for game attributes and EIP3664 contract itself supporting multiple attribute tokens, developers can implement a complete RPG prop system. NFTs under the EIP3664 standard (gNFTs) help strengthen the gaming ecosystem on Ethereum through more sustainable smart contracts.

Developers can design various contracts to support four distinguishable game attributes under the EIP3664:

1. General Changeable Attributes
2. Transferable Attributes
3. Upgradable Attributes
4. Evolvable Attributes

EIP3664’s Utility: Customization, Interoperability And More

Cradles is the first AAA MMORPG online game that uses blockchain technology to facilitate the trading of game props. Cradles’s modular NFT protocol is said to pave the way for immersive gaming experiences as well as art and other forms of entertainment. With the EIP3664 protocol, players can now customise and combine NFTs to upgrade, modify and evolve their in-game NFTs to their whims and fancies. This is revolutionary considering the fact that most Web 3.0 games used pre-built stock NFTs which are provided by the game.

Further, EIP3664 protocol enables interoperability of the new NFTs to be used within other games that adopt the same protocol. This can boost both the value and demand for these NFTs and better facilitate monetization.

Key Takeaways

NFTs present a paradigm shift in commerce, community interaction and are poised to disrupt traditional industries with power distribution. Novel gaming protocols such as EIP3664 sound set to bring in the best features of ERC1155 and develop a more immersive and engaging gaming experience.

Genoskishi Online was created under license from Elemental Knights Online, a Japanese 3D MMORPG. Essentially, GensoKishi Online is a new version of Elemental Knights Online, which received the “Game of the Year Gold Award” in Taiwan in 2012 and has gained over 8 million players worldwide. At its core, this is a 3D Massively Multiplayer Online game (3D MMO) and the service offered combines aspects of NFT and GameFi through a metaverse environment with the overall goal of ushering in a new fantasy world economy using blockchain technology.

Elemental Knights Online was initially released as a Japanese online game on FeaturePhone, and it has subsequently been made accessible on Google Play, AppStore, Nintendo Switch, and PS4, among other various platforms. The company has been working on their game for over 13 years during which time numerous players have stated that the team has gained their trust and achieved a lot for both the game itself and the community.

What’s so special about GensoKishi?

Since the launch of its website and several social networking services on December 2nd, 2021, GensoKishi Online has achieved multiple records and accolades. In the first 20 days of its debut, the community grew to over 100,000 members which have now grown to more than 230,000.

Moreover, it became the quickest project ever established by Trustpad, a decentralized multi-chain fundraising platform, selling out in only 20 seconds which is also a record for all projects. As if that weren’t enough, the launch pool on Bybit, one of the world’s major crypto exchanges, had a record 69,000 participants and a total stake of more than $220 million to receive the $MV token.

On March 6th, the project set a new record on the crypto exchange MEXC by similarly becoming the fastest project ever to accomplish its target on Kickstarter in just 10 minutes, and $MV was also officially listed on the exchange on March 7th.

In addition, $MV was recognized as the second most held out of more than 1,000 projects developed on Polygon, thereby demonstrating high hopes for what can be achieved in the future.

What about partnerships?

In this business, it is vital to establish key strategic partnerships in order to ensure long-term development.

On February 25th, 2022, the team announced a collaboration with Soulz, one of the world’s most popular NFT projects. Recently, GensoKishi joined with Aavegotchi, one of Gamefi’s major projects. Finally, GensoKishi also aspires to be a portal to the metaverse.

When it comes to partnerships, GensoKishi Online has a proven track record of collaborating with world-class Japanese IPs and the team hence wants to harness its original ties to hopefully work alongside many more IPs, company owners, and NFT initiatives in the foreseeable future. Key partnerships have also been set up with Testnet Ventures. Ryo Morikawa, Masaki Kato, and Norihiko Uwabo have all joined as ambassadors as well.

UGC

User-Generated-Content (UGC) is a feature in GensoKishi Online that allows users to create their own dungeons, monsters, equipment, characters, maps, weapons, items and so on and place them within the metaverse, thereby providing an even more immersive and dynamic experience.

Companies may develop their ideal world and game within GensoKishi Online by working with the project rather than building a 3D MMORPG from scratch, however it is required to purchase LAND from GensoKishi Online for $MV in order to do this.

The metaverse of “Gensokishi Online” is not limited to games, but can also comprise a variety of spaces and commercial facilities. In the near future, plans include shopping malls, museums, and concert halls.

$MV(Metaverse) token

There are a few reasons behind $MV’s success. As the project is based on Elemental Knights, which has already been in existence for a long time, GensoKishi did not need to seek extra finances nor spend considerable cash. This is primarily due to the project’s low valuation, which allowed it to proceed without the involvement of any significant investors, as if a venture capitalist or wealthy investor purchased the tokens early on, it would cause enormous selling pressure down the line.

Presently, GensoKishi Online is also operating a staking program in which depositing $MV earns the in-game currency called $ROND, and the number of users staking MV to acquire $ROND is actively growing even now. As a result, the tokens are under less selling pressure. Because the number of individuals holding $MV in anticipation of GensoKishi Online is rising, the price is also expected to climb with excellent fundamentals. $ROND will also be listed on several CEXs before the end of the year.

Whitelist for a total of $10,000 in-game currency ROND

Gensokishi Online is running a whitelist lottery for a total of $10,000 in $ROND starting 3/14. 100 people drawn by lottery who complete the task will be entitled to purchase up to $100 of $ROND each.

The only way to get $ROND at this time is by staking MV and since the number of $ROND earned by staking decreases as the number of staking MV increases, ROND is scarce, so we hope you will take advantage of this opportunity to win $ROND by entering the drawing.

Access the WhiteList campaign here

Roadmap and overall vision

Ultimately, there is so much more to look forward to when it comes to GensoKishi. Despite all of the aforementioned accomplishments, the community can expect NFT auctions, closed alpha and beta tests, and more as per the official roadmap. Needless to say, GensoKishi is a name that everyone should have on their radar as it looks to revolutionize the metaverse, NFT, crypto and gaming sector.

 

 

 

Decentralized Finance (DeFi) has become one of the most popular concepts of the crypto world recently, and with good reasons. Its applications not only opens unprecedented opportunities to users of any background, but it does so in user-friendly, and fully transparent ways. Today, the focus will be on Proof of Reputation (PoR), titled the future of DeFi by many—read on to find out why, and how you can take advantage of it.

Decentralized Finance (DeFi) in a nutshell

Before jumping into details about Proof of Reputation, a brief introduction to Decentralized Finance (DeFi) is needed. Essentially, DeFi is an aggregate term for all protocols that are not controlled by any central authority, leverage open blockchain technology, and provide equal opportunities for users to utilize financial services and other benefits through cryptocurrencies. There are numerous DeFi concepts out there, including liquidity providing protocols, Decentralized Exchanges (DEXs), staking options, and many more.

Proof of Work, Proof of Stake, and Proof of Reputation

Now that everyone is up to speed about the fundamentals, the attention will shift to the specifics. Generally speaking, DeFi and other crypto projects all use a so-called consensus mechanism to securely provide their services and perks to users. Such algorithms are needed so that the nodes (computers) maintaining the network are always on the same page about all the transactions, and that the chance of malicious behavior is minimized, or even eliminated in some cases.

The three most popular consensus mechanisms are Proof of Work, Proof of Stake, and the current favorite, Proof of Reputation, which is a revolutionary version of Proof of Authority.

Proof of Work (PoW) is based on an agreement between nodes on computation performed. While it has been proven to be somewhat secure, and significant blockchains such as Bitcoin rely on it, it has been criticized for its environmentally unfriendly nature and scalability limitations.

Proof of Stake (PoS), used by Cardano (ADA) for instance, managed to improve on some of PoW’s flaws, as it doesn’t require energy-intensive actions to reach consensus. Instead, nodes need to put up through staking tokens, which functions as a sort of collateral guaranteeing that they won’t tamper with the network; if they do so, their stake is seized by the algorithm. However, the main issue of PoS is its speed, as it can’t quite deliver the throughput demand would dictate.

Finally, Proof of Reputation (PoR), which is a more secure version of Proof of Authority (PoA), implemented by Kaiba DeFi, is considered the most up-to-date and efficient system among all others. In essence, nodes run the network and ensure the rules are followed by putting up their identity at stake. This not only allows for a transparent and evident way of verifying nodes, but it’s also perfect for reaching consensus in a fast and reliable manner.

Proof of Reputation in Practice

To illustrate the working of PoR, Kaiba DeFi’s applications can be observed.These applications manage to provide superior speed and significantly lower fees than counterparts thanks to their underlying Proof of Reputation system. As an example, take KaibaEx, the project’s Decentralized Exchange (DEX), which offers up to 20% less network fees than other exchanges, such as Uniswap, and facilitates fully commission-free trades, which is unmatched within the industry. Another great instance would be trading KAIBA, Kaiba Defi’s native crypto token, which, thanks to PoR and their contract optimization, can be 60% cheaper to transact with than other comparable ERC-20 tokens.

Final thoughts

Overall, as demonstrated above, the groundbreaking version of Proof of Authority called Proof of Reputation (PoR) unlocks unparalleled opportunities for projects that recognize its potential and build their ecosystem around it. Kaiba DeFi was among the first to fully implement and take advantage of PoR, and when looking at their results, it is safe to say that this novel consensus mechanism is, indeed, the future of Decentralized Finance.

 

Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network.

Institutional interest in cryptocurrencies has risen strongly throughout 2021 and early 2022. That growing demand for exposure creates opportunities for digital asset management and DeFi service providers like TimeChain. The Canadian firm provides various robust trading and financial tools for institutional clients to explore. Moreover, its offerings are of a higher level than other Canadian crypto service providers, giving Timechain a solid competitive edge.

Another benefit of the Timechain ecosystem is its TimeChainSwap distributed exchange. It facilitates conversion between supported assets and sources of liquidity from multiple blockchains and ecosystems. Interoperability is a crucial aspect of the blockchain industry today and in the future.

The integration of Timechain with Fireblocks and its network paves the way for the broader adoption of Timechain’s solutions. Fireblocks network participants include OTCs, liquidity providers, hedge funds, asset managers, and major global banks. Financial institutions pay close attention to the cryptocurrency industry today.

“This partnership allows us to offer our customers an ultra-secure product, and will give us the opportunity to scale up our business in the future,” said Louis Cléroux, CEO of Timechain. “This is an important step in the growth of our company. We will also be able to continue our efforts to educate the general public about the world of cryptocurrency.”

The choice to partner with Fireblocks brings Timechain to a growing network of institutional participants. Fireblocks, launched in mid-2020, notes a six-fold increase in network participation since then. Moreover, its Network now spans over 400 participants, with more looking to become part of this ecosystem in the foreseeable future. Through Timechain, all of these participants can explore decentralized finance and crypto asset management solutions.

“We are excited to continue expanding our footprint in Canada, and this integration with Timechain will enable Fireblocks to help secure the assets of Timechain’s customers in the region,” said Michael Shaulov, CEO and co-founder of Fireblocks. “By allowing customers the ability to leverage the security of the Fireblocks infrastructure, Timechain will be able to expedite the introduction of new tools while growing the roster of digital assets it can support.”

The mutually beneficial partnership highlights Fireblocks’ approach to securing private keys and API credentials and removing the need for using deposit addresses. Timechain paves the way for increasing the institutional reach and bringing numerous revenue streams to a growing client base.

 

 

Dragon War, a turn-based strategy game built on the Solana blockchain, has revealed details about its highly-anticipated public sale.

Between March 20 and 23, the project will list its native $DRAW token via three separate launchpads – Solanium, Red Kite and Starpunk. The sale will give investors the opportunity to purchase an asset (sale price: $0.012) that can be used in Dragon War’s gaming ecosystem to purchase NFTs such as heroes and dragons, as well as for staking and governance purposes.

The IDO Whitelist Open Schedule is as follows:

• Starpunk: March 6
• Dragon War Community Pool: March 10
• Solanium: March 16
• Red Kite: March 18

The IDO Sale Schedule, meanwhile, will open with Solanium on March 20 before concluding three days later. On the same day the sale ends on Solanium, March 23, IDOs will simultaneously commence on Red Kite and Starpunk.

“We could not be prouder about reaching this milestone,” says Huy Van, Dragon War’s Execution Lead. “The gaming community that has formed around Dragon War has been hounding us, in the nicest possible way, about a token sale and it’s gratifying to finally answer their wishes. The IDOs are merely the latest step in what is proving to be an incredible journey.”

Although each launchpad has its own format for token sale participation, they generally conform to the accepted procedure: community whitelist followed by token staking then allocation on a first-come, first-served basis. It is recommended that investors keep a close eye on the official announcements from each launchpad ahead of the IDOs.

The $DRAW token distribution details are as follows:

• Claim time: March 23
• Vesting schedule: TGE 20%, cliff 1 month then unlock monthly over 4 months
• Listing time: March 23
• Listing platform: Raydium

Created by a team of gaming and blockchain veterans, Dragon War is a play-to-earn release that features both PvE and PvP battles as well as an integrated NFT marketplace. Gamers will also be able to participate in yield farming and land sales when the full version is launched later this year.

Dragon War

Dragon War is a blockchain-based strategy game built on the lightning-fast Solana network. Featuring Player vs Environment and Player vs Player modes, the turn-based release is set in the mythical world of Eragard and compels participants to complete quests and trade NFTs with other gamers. Conceived by experts in game development and blockchain technology, Dragon War is backed by over two dozen high-profile VC companies.

You can keep up with Dragon War on the company’s official Twitter, Medium, Fan Page, Telegram, or Discord.

The world wide web was originally designed to be transparent, inclusive, and open to all. However, as technology progressed, the original vision was largely abandoned, leading to an overly centralized online ecosystem.

Web 2.0, the version of the internet that we are currently living and most familiar with, has several drawbacks that we rarely discuss. Most of these problems stem from the fact that most Web 2.0 relies on digital identifiers.

But what are these “digital identifiers,” and why do they matter?

In the simplest terms, digital identifiers are used by third-party service providers to validate a user’s identity. These are primarily managed by big tech companies like Facebook, Google, Amazon, network operators, email service providers, and other online platforms that allow users to access the world wide web.

A common example of digital identifiers is the OAuth2 option, which almost everyone uses. You are asked to register whenever you wish to access a new platform, such as an eCommerce store or a social media app. To make registration easy for users, many platforms employ OAuth2 – the feature that allows users to register through their existing Google or social media accounts directly.

The Data Privacy Woes Surrounding Web2-Based Identifiers

On one end, Web 2.0-based features like OAuth2 have certainly made life easier for the end-users. But, at the same time, our dependency on these centralized platforms has led to significant data privacy issues.

Why so?

The data harvested by these centralized platforms are usually stored in centralized servers, making it a straightforward target for hackers. Since users don’t have any control over their data stored in these servers, data can be readily misused, often without the user’s consent. In recent years, there have been thousands of instances where hackers have leaked tons of personal identifiable information (PII), leading to crimes like identity theft, funds siphoning, targeted ransomware attacks, and much more.

Although several attempts to overcome this problem have been attempted, no solution exists in the Web 2.0 realm to date. That said, the situation is poised for a drastic change. By harnessing the power of blockchain, several promising solutions are offering a new feature called decentralized identifiers (DIDs) designed to restore complete control of data to users while maintaining high-level data privacy and security.

Redefining Data Boundaries With Decentralized Identifiers

New solutions that enable anyone to prove their identity online without relying on centralized organizations are already disrupting the Web2 approach. These efforts have given birth to the idea of ‘decentralized identity’ or DID, a disruptive approach to identity and access management (IAM).

The most valuable objective of decentralized identities is establishing global standards that allow all internet users to effectively control which online applications and services can access their personal information. Moreover, it will also help limit the amount of PII shared with apps and services.

Per the World Wide Web Consortium (W3C), “A Decentralized Identifier (DID) is a new type of identifier that is globally unique, resolvable with high availability, and cryptographically verifiable. DIDs are typically associated with cryptographic material, such as public keys, and service endpoints, for establishing secure communication channels. DIDs are useful for any application that benefits from self-administered, cryptographically verifiable identifiers such as personal identifiers, organizational identifiers, and identifiers for Internet of Things scenarios.”

To clarify, DIDs exchange information on a peer-to-peer (P2P) basis. No centralized intermediaries store personal data or facilitate the exchange of data. Since the exchange happens directly between the sender and the receiver, DIDs are far more secure than existing identifiers.

The best part about DIDs is that there is no limit to the amount. Different identifiers can be deployed for various applications and services, reducing the likelihood of snooping on personal information. On top of it, DID users can control the extent of the data shared or restrict access as and when needed.

Imagine a scenario where a certain application asks to verify age. For Web2-powered identifiers, users must share all relevant and requested information. But with a DID, users simply prove age without even revealing a birth date.

One such blockchain-based platform spearheading the mainstream use of DIDs is KILT Protocol. Developed by BOTLabs GmbH, KILT is a fully decentralized, open-source protocol that allows users to represent and prove their online identities without revealing any personal information they wish to remain private.

The KILT team recently launched its flagship solution called SocialKYC, a decentralized identity verification service that allows users to manage, store, and share specific personal information for accessing online services themselves. While the service currently works with Twitter and email, the KILT team is expanding its use across other prominent social media platforms like Twitch, Discord, Github, TikTok, LinkedIn, and others.

With Web 3.0 just around the corner, DIDs will play a key role in ensuring that users (and entities) are no longer subject to the whims and fancies of centralized intermediaries. DIDs are poised to change the way we have been using the internet so far, finally giving us back complete control over our personal data.

 

Just six months after its launch, the GARI cryptocurrency launched by Chingari has staked its claim as the second-most popular token on the Solana blockchain with more than a quarter of a million holders.

That’s according to data from GenX Analytics, which shows there are now 238,000 individual GARI token holders, putting it behind only the KIN token – which has 2.9 million holders – in the overall Solana popularity stakes. It’s well ahead of the chasing pack too, with SOLCHICKS, the third-most widely held token on Solana, counting just 92,000 total holders.

GARI’s astonishing rise in popularity was expected. It is the native cryptocurrency of Chingari, which has grown to become one of the most popular social media apps in India. With more than 32 million daily active Chingari users, there’s obvious potential for GARI to grow far, far bigger than it is now. Chingari is a TikTok clone, a short video sharing app that allows users to add background music and filters to their content and share it to millions of other users. Since TikTok was banned in India two years ago, its user base has skyrocketed.

Chingari is the biggest social media platform in the world thus far to embrace cryptocurrency. It believes GARI will play a big role in its platform, helping to foster an ecosystem that will enable top influencers to sell physical merchandise and NFTs, while users will be rewarded with GARI tokens for posting content that’s shared widely on the app. Users will also be able to tip their favorite content producers.

It’s a popular concept that has been championed by none other than Salman Khan, a legendary Bollywood actor with more than 43 million Twitter followers who not only helped launch GARI, but also acts as Chingari’s brand ambassador.

There’s every reason to believe GARI can eventually surpass KIN to become the number one project on the Solana blockchain. GARI is just getting started, having only launched in October. What’s more, Chingari only launched the GARI mobile wallet in its app last month, meaning that it has only just begun to tap its 30 million-plus user base, each of whom may eventually become a GARI holder.

The early growth of GARI is in stark contrast to the project it is aiming to catch. There are actually some similarities between them. KIN, like GARI, was designed by the creator of a popular app – the messenger app Kik. However, KIN has lost a lot of value as Kik has been plagued by problems with the U.S. authorities and accusations that it’s used to share illegal content.

Elations flying high in the cryptocurrency space as Bixos, a company renowned for the development of advanced blockchain technologies launches the long-anticipated Utility Bixos Token (UBXS) that aims to create awareness for Bixos projects.

Bixos created the UBXS token on the BSC network as an asset that will be used in blockchain Defi and also utilized to exchange for NFTs needed to propel the unanimous operations of the virtual and real estate industry.

Just as the physical universe is a collection of connected worlds in space, the metaverse is a shared virtual 3D world, or worlds, that are interactive, collaborative, and immersive. The metaverse serves as the bridge between the physical and virtual worlds. Meanwhile, UBXS represents the decentralized infrastructure for the metaverse, merging the physical and virtual world through the real estate industry. UBXS token can be used to buy assets within the virtual reality worlds developed on the BSC network.

In reality, everybody wants to own a house; it is usually at the top of the to-do list of the majority. However, the same desire spans through to the virtual space, and virtual users are racing to get land and build a house in the metaverse. Moreso, In one of our recently released articles, we spoke of how the blockchain technologies such as NFT, web3, metaverse, and DAOs have proved the blockchain as a big pot filled with endless innovations and opportunities.

Bixos’ ownership of real estates transcends from the virtual space into reality. With a single transaction on the Bixos network, users can own a physical estate without stress by buying the NFT version of the desired physical estate. In the same vein, Bixos’ users can also sell their estate properties in the real world in exchange for virtual real estates minted as NFT making them a real estate owner of a virtual world. Bixos achieves this by converting the home certificate ownership to NFTs and listing it on global real estate.

Virtual reality has been making waves since 2010 when the first prototype of the pioneering Oculus Rift was introduced. Since then, technology giants like Samsung, Microsoft, and Google have recognized the potential of simulated environments and have jumped onto the VR bandwagon.

Many industries have lately noticed the positive use of blockchain technology in their domain, especially in the real estate industry. The real estate industry remains the most significant asset in the world. Even though blockchain has been around for a little more than a decade, this digital method’s profits for moving around valuables are still distant to many commercial real estate executives.

The UBXS Token (Utility Bixos Token) aims to create awareness for future Bixos projects, introduce Bixos, gather an audience, raise funds, and determine the BXS Token’s starting price. UBXS Token will help the investors get BXS Token faster and easier. In addition, BXS Token stakers will be provided with the opportunity to become a shareholder of the company.

A spokesperson for the company said: “With the infrastructure, we will create our clients’ assets that will be under maximum protection with the double encryption system by adding the approval mechanism (lawyer approval or a second approval) to your NFT transfers.

Summary:

Bixos announces the launch of the UBXS token as progress in developing advanced blockchain technologies creating awareness for the company as a whole.

 

Bitcoin (BTC) may be a pioneer in the world of cryptocurrencies, but it is also quite a burden on the planet’s resources and harmful to the environment. That’s why impact tokens are becoming more prominent in the space now, with more and more portfolios boasting cryptocurrencies that support human development and sustainability with their ventures.

Here are three such projects that will impact the globe in 2022.

Bobcoin (BOBC)

Bobcoin (BOBC) comes from Bob Eco, an electric vehicle company creating thousands of jobs and has declared war against pollution through the use of cryptocurrency. The clean energy company is on a mission to accelerate the transition to sustainable energy while focusing on emerging markets. That primarily means focusing on developing countries like those in Africa. Identifying the need for cheap transportation in such countries and learning the high amounts of emissions coming from older, highly polluting motorcycles and taxis, Bob Eco has found a market for its electric two and three-wheelers.

These electric two and three-wheelers work with a vast network of battery swapping stations and are driven by people who get these vehicles on a lease-to-own basis.

Now, in a bid to raise more funds for expansion and bring their green technology to more countries, Bob Eco released Bobcoins, a digital coin that is essentially a representation of the ownership of economic rights (e.g., including a share of the profits or revenue). Bobcoin is a stakeable token that combines technology with the requirements of the securities markets, thereby helping in the liquidation of assets.

By investing in Bobcoin, investors help in asset purchase and management and contribute to reducing pollution, creating jobs, and fighting poverty.

The LoveChain

There is no denying that social media has changed the way we view things; from how we perceive the world to how we judge ourselves, moving online has created a revolution in how we interact, and everything goes by so fast that nothing feels still or permanent anymore.

The LoveChain is doing its part in making records of love last forever with their platform, essentially a digital version of lovelocks found all over the world.

Like lovelocks, The LoveChain is designed to record and commemorate people, occasions, and things users most value in their lives. Every user profile on the blockchain is given a cryptographically generated code number used to symbolize the uniqueness of their relationship. The platform even allows users to create and join sub-groups around different themes, all based on love.

LoveChain is also built on Algorand, a green blockchain that’s energy-efficient and plans to further offset its carbon footprint in partnership with ClimateTrade.

When users share what they love and care about on Lovechain, engage with the community, post content, and share data with advertisers, they get LOVR reward tokens, which gives them access to exclusive discounts and benefits with The LoveChain’s merchant partners.

People can therefore commemorate anniversaries and milestones, keep an album of their precious moments with a loved one, and record and send messages of love. All of this and more would sit on the blockchain and be the user’s own piece of digital real estate, and because the blockchain is decentralized, this record would live forever.

So their slogan is fitting: The LoveChain is forever.

@Pay

From the ‘Letter of Credit’ notes to credit cards to Buy Now, Pay Later (BPNL).

The concept of BPNL as a short-term financing solution is certainly helpful to consumers, especially since this model is largely interest-free. It’s not just about getting access to things you like; this model helps those who would otherwise not be able to immediately afford groceries or other necessities.

It has become an increasingly popular payment method, and @Pay capitalizes not only on this opportunity but also participates in 2 other emerging markets: Cryptocurrency & fiat currency and Blockchain and smart contract technology.

@Pay is a global decentralized platform giving a payment solution for shoppers, merchants, and marketplaces with the intention of empowering consumers to access the things they need while still allowing them to maintain financial wellness. The platform leverages blockchain technology, cryptocurrencies, and Buy-Now-Pay-Later solutions to help buyers make online purchases and pay back in installments with no interest.

With a cart abandonment rate of 70%, resulting in $4.6 trillion lost in e-commerce sales per year, it’s no wonder that merchants and brands are partnering up with platforms like @Pay.

@Pay is also built on the Algorand blockchain and the Solana blockchain, which is the fastest-growing ecosystem in crypto, with thousands more projects planned in the DeFi, NFT, and Web3 spheres.

For millennials who are environmentally conscious and don’t wish to compromise when building good credit, and for brands who want to see clicks convert to sales, @Pay is the answer.

With impact tokens generating positive, measurable social change and helping to reduce pollution, eradicate poverty, and foster peace while still providing financial returns, there’s no doubt that these cryptocurrencies should be on the watchlist in 2022.

The gaming industry has come a long way from the days of arcades. From Super Mario to Grand Theft Auto, the gaming industry has seen quite a lot of transformation in terms of enhancing the gaming experience. It has made great strides in the last several decades. In fact, the worldwide gaming industry, which was valued at USD 173.70 billion in 2020, is expected to reach USD 314.40 billion by 2026, with a 9.64% CAGR between 2021 and 2026.

Most of the credit goes to the advancement in technology. The emergence of virtual reality (VR), artificial intelligence (AI), and augmented reality (AR) along with their integrations with gaming consoles like Xbox and PS5 has revolutionized the gaming experience into something completely unimaginable. Moreover, with the mass adoption of blockchain technology happening, the gaming industry is now set to transform massively.

Blockchain and crypto are already shaping the gaming sector with innovations and utilities while also massively benefiting gamers and gaming companies. A new wave of disruption is emerging.

Evolution of the Gaming Industry

Games were first regarded as only a leisure pastime. They were designed by computer engineers to kill time. People then soon realized the importance of playing games and this was the turning point where new names started to pop out. Although Atari, Fairchild channel F, Bally Astrocade, and Mattel Intellivision started the era, Nintendo’s Mario was a smashing blockbuster that opened the way for designers to develop a $200 billion gaming business.

Although Mario remains the world’s best-selling franchise, games such as League of Legends, Call of Duty, and PUBG have evolved gaming into an unimaginable experience. Games are no longer only a leisure pastime. They have become a national pastime, with gaming world cups being held every year. Millions of dollars are invested to bring the greatest players from across the world to these world cups.

Furthermore, the advent of blockchain is now giving games a new framework by offering a play-to-earn model in which players may make real money via cryptocurrencies. Even NFTs and DeFi are redefining gaming by providing tokenization and decentralization features along with real-world applications.

Enhancing Utilities with Blockchain Gaming

The gaming sector is now adopting blockchain solutions like crypto and NFTs to enhance the gaming experience along with massive benefits to players. Some of these include enhancing the security of the gaming market, enhancing ownership of in-game assets, enhancing the value projection of intangible assets, having more control over games, improving paying methods and trade resources, as well as earning rewards. Although these are some of the few, there are many more benefits that blockchain technology can provide.

In fact, a few projects are already offering these benefits and one of them being Xchange Monster. This platform provides numerous solutions to the gaming community and providers through its exchange platform, decentralized payment gateway, and other features. Xchange Monster is an easy-to-use crypto platform that brings together both the gaming community and operators/publishers through the creation of a value-driven ecosystem. It intends to strengthen the interaction between the gaming community and operators for an enhanced gaming experience.

The Xchange Monster token, $MXCH is the native cryptocurrency of the platform. It offers a wide range of utilities including token burn, collateralization, discount on trading fees, OTC burns and rebates, socialized gains, and future expansions. The Xchange Monster ecosystem will be powered by the $MXCH token providing stability to the ecosystem.

Redefining Industry Standards with Blockchain Solutions

Blockchain is blurring barriers and pushing the gaming sector towards a decentralized future. It will allow players to own decentralized assets, play anywhere and with anyone on the globe, enjoy better levels of security, and monetize their time and in-game knowledge in the future of gaming. The blockchain gaming economy has the potential to improve players’ gaming experiences while also providing new revenue streams for players and online gaming platforms.

Fortunately, blockchain-based gaming is the next step in safeguarding video games and creating a long-term industry standard. And, with platforms like Xchange Monster transforming the gaming landscape into a unique experience, the world may see a new version revolution taking place. The combination of crypto and gaming will prove to be a disruption in the gaming landscape. The world has to be ready for this evolution. Let’s play the future.

 

 

 

The next time a skeptic questions the momentum of the blockchain gaming market, kindly inform them that the industry had attracted over 1.5 million users by the end of 2021, with daily trade volume from gaming dApps climbing as high as half a billion dollars. Then cackle with satisfaction.

The breathless rush by gamers, developers and investors into the gamefi (gaming finance) space was triggered by the potential for profit via play-to-earn (P2E) mechanics, but also by the opportunities for rich gameplay thanks to the deployment of blockchain and NFTs (non-fungible tokens).

To date, most blockchain games have offered up simple 2D worlds based around turn-based mechanics, focusing on earning potential rather than fast-paced gameplay. But thankfully, that is starting to change…

Epic War, Entrancing Gameplay

Epic War is the first blockchain-based FPS (first-person shooter) that provides Triple-A graphics and gameplay in delivery of its virtual reality (VR), free-play-to-earn (F2P2E) metaverse.

Interestingly, the fully 3D blockchain shooter is just one part of the envisaged Epic War universe, which will expand to include a series of comic books and films. The gaming narrative sees players take part in battle royales where they must contend with other gamers as well as hostile NPC creatures on a treacherous foreign planet. Other notable elements include team battles featuring up to 16 players (8v8) in a single session. Boss battles test players’ abilities even further, and come in three different difficulty levels: normal, hard, and super hardcore.

The native token of Epic War ($EWAR) is used to create new in-game characters, weapons, gears, battle maps and purchase NFT items. It can also be used for governance purposes, giving holders decision-making privileges on the future of the project. EWAR tokens are awarded to players and teams who triumph in battles, and these tokens can subsequently be used to improve the attributes of player-characters or sold to the highest bidder on exchanges.

Both winning and losing players will have the ability to earn unique NFTs after each session, with tokens representing in-game items like weapons, gears and maps. Such artefacts can be sold, traded or rented to other players for profit, and they are also dispensed upon the completion of challenging in-game quests.

Epic War’s game engine was built from the ground up using C++ code, and leverages the acclaimed Unity Engine as the technical foundation of its gameworld. The Unity Engine is employed by many mainstream, Triple-A game publishers, and has been used in such releases as Escape From Tarkov, Cuphead, Wasteland 3, Subnautica, and many more.

Future Milestones

The team behind Epic War hails from Vietnam, where they have years of collective experience in game design, blockchain development and full-stack coding. They also partner with Japanese studios to develop Open World gameplay and VR metaverse phase. By mid Q2 2022, the team aims to release a beta version of the PvE and PvP game modes, alongside its DAO governance system, where players will be able to have a say in future development decisions. The IGO (initial game offering) for the native EWAR token will also take place before the end of Q2. Ongoing roadmap milestones portend a full game release and multi-chain integration by the end of Q3.

Multiple blockchain ecosystems will play host to Epic War when it is complete, including Binance Smart Chain, Solana, Polygon, and NEAR, in an effort to give players the maximum number of benefits offered up by various networks (speed, low fees, access to native stablecoins, etc). Gamers can also look forward to Epic War’s Beta Test launch coming this March.

The long-term goals of Epic War include integrating VR support and building out an expansive metaverse world where players can interact with the game in a virtual 3D space. Epic War builds on the promise of gamefi by extending blockchain gaming to the level mainstream gamers expect, while integrating crypto and NFT rewards for the benefit of successful players.

 

Supported by extended reality and cryptocurrency technologies, the metaverse is where the physical and digital worlds meet. Unowned and full of potential, it’s not yet clear how the metaverse will evolve. But, one thing is certain: if millions of people are going to be digitally connected, the technologies powering the metaverse have to be scalable – and therein lies the problem.

Early generation cryptocurrency architecture isn’t keeping up with increasing scalability demands. This is most evident with Ethereum, which is losing its status as the go-to solution for Metaverse-adjacent spaces like GameFi and NFTs. Ethereum’s high transaction fees and low throughput make it simply incapable of handling the demands of applications that require a huge amount of complex transactions. For the large-scale applications of the future, new solutions are needed.

A Solution for Limitless Experiences

Caduceus is a platform custom-built for metaverse development. Rated at an enterprise-grade 100,000 peak TPS (transactions per second), the Caduceus blockchain is thousands of times faster than Ethereum’s. Not only that, but transactions on the Caduceus network are cheap, with a minimum fee of just  one-ten thousandth of a penny. This is made possible by its unique MetaverseGraph (mGraph) consensus mechanism, which uses a Directed Acyclic Graph (or “DAG”) with distributed Proof Of Stake (dPOS) creating a new type of blockchain, to process and store transaction data faster than traditionally possible.

Believing in an open metaverse where creativity reigns free, Caduceus makes metaverse development easy. The Caduceus blockchain connects seamlessly with its SDK into web2.0 and web3.0 applications and software , providing interfaces and tools for NFT art creators and application developers. Further, their XR Devkit and XR Creation Platform come with everything artists and developers need to get started – from XR gear to software supporting the creation of 3D game materials and models.

Caduceus supports NFT-ERC721 copyright distribution, allowing creators to maximally benefit from their work as it’s used throughout the metaverse. This is made possible by Caduceus’ Peer-to-Peer content distribution platform powered by decentralized IPFS cloud storage. Caduceus lends itself to scalability too, enabling the efficient processing of compute-heavy transactions, ensuring that extended reality applications run smoothly for everybody.

Lastly, Caduceus is cross-chain and multi-protocol. Caduceus allows for the seamless migration of EVM and Solidity contracts, meanwhile supporting ERC20, ERC721, ERC1155, ERC998, and a plethora of other asset protocols. This makes it easy for developers to port their existing applications from legacy blockchains to Caduceus, and should lead to healthy network growth.

Version 1.0 of the Caduceus Main Net is set to go live in Q2 of this year, and will be improved upon until the release of v2.0 in Q4 2022. The final v3.0 release will be in Q1 of 2023. Their Creators Platform v1.0, will go live at this time as well. For developers who want to experiment with creating their very own metaverse, the Caduceus testnet is currently open, and the necessary developer documentation can be found here.

Adult content creation is a booming business. Although big studios dominate the landscape, individual creators have found a home on OnlyFans and similar platforms. Unfortunately, those platforms can easily prevent creators from distributing their content, and they charge exuberant fees on top.

Adult Content Remains Booming Business

One cannot deny the appeal of platforms like OnlyFans. Content creators can custom-tailored content packages for their fans and explore revenue streams. Moreover, it enhances the interaction level between creator and fans, which would not be possible otherwise. However, the downside of such platforms is how they charge up to 40% per transaction, reducing the amount of money going back to the creators.

Additionally, OnlyFans shocked the world by trying to move away from adult content in 2021. It was a very curious decision – which was ultimately reversed – but it also highlights how these platforms can censor content on a whim’s notice. That poses a significant threat to adult content creators. For now, OnlyFans still allows this type of content, but nothing prevents them from changing their mind yet again.

Despite the threat, OnlyFans was valued at nearly $6 billion in 2021. A significant amount for a company that can shut down specific content creation in a heartbeat. Additionally, it also confirms the need for such platforms by both content creators and fans, as people are passionate about supporting their favorite creations. Thankfully, there are some alternatives available today, removing the need to rely on centralized platforms.

Content should always be accessible by anyone in any region without compromises. Unfortunately, that is not always possible when dealing with platforms like OnlyFans. However, solutions like NSFW.app offer a welcome alternative with the help of blockchain technology and cryptocurrencies.

Decentralized Content Distribution Is Key

The approach by NSFW.app introduces a decentralized way of sharing content, be it adult-oriented or otherwise. Its beta launch in December 2201 attracted much attention and brought over some well-respected content creators to the new platform. More importantly, content creators pay no fees, ensuring they can continually increase their production value by reinvesting their earnings.

Using major cryptocurrencies and PornRocket as a payment method ensures users remain pseudonymous at all times. Moreover, financial institutions have no option to prevent transactions from completing. In addition, the platform will enable support for credit and debit card payments in a future version, giving fans more options to support their favorite creators.

The NSFW.app platform will soon exit its beta phase and become a fully-launched service. That transition introduces many updates to the UX and UI, together with a brand overhaul. Additionally, the team introduces a cross-chain bridge between BNB Chain and Ethereum to enhance the platform’s sustainability and growth potential. The global rollout of this application will focus on fostering talent across EMEA and North America first.

Moreover, the platform will gain more momentum beyond the adult content industry. Any content in the “not safe for work” category can find a home on NSFW.app. New verticals to be explored include gaming, illustration, sports, music, and more. All creatives are welcome to submit their content to the platform and tap into a global audience.

Closing Thoughts

There is a growing need for platforms and services that offer resistance to censorship. Creatives should express themselves without constraints, as everyone deserves a fair chance at finding their audience. Moreover, platforms like OnlyFans are a typical Web2 construct: centralization of data and control at the user’s expense. That situation is no longer sustainable, especially on the cusp of unlocking Web3 potential.

Solutions like nSFW.app confirm there is a bright future ahead for all types of content creators. Not dealing with centralized entities telling one what to do or not do is a big step forward. Furthermore, the zero-fee structure for content creators ensures those who make content are in a strong financial position. Revenue can be sued to up the production quality, explore new content niches, and empower the users, as it should be.

CoinMerge LLC, (CMERGE) is a Technology company based out of TX, USA that exists both on the ERC and BSC blockchain. Founded in 2021 this company began building the first Crypto Social Media Platform where users could come to chat, chart, trade, learn, and so much more all in one place on a single device. They have spent the last 8 months building the platform and community with the mantra of doing “The right thing, the right way”, always at the forefront of their business model.

Since 2021, they have released countless development updates on the CoinMerge.io platform and continue to improve on the utility and usability every day with crypto traders in mind. With over 9,600 users on their platform and over 160 projects listed, they are growing as quickly as they are building. Membership on the platform is 100% free, and listing YOUR crypto token on their platform is also 100% free.

A big part of what has their holders so bullish is not just the price action of their investment, but more so the fact that CoinMerge has 8 outside revenue streams that are put directly into buybacks on their token to increase holder’s wealth and value without the dependency on new holders, which ironically attracts new holders.

They also recently announced that they will be offering staking on their ERC token and redistribution of their Tokenomics to begin generating a buyback pool to raise whichever of the two tokens is lower.

CoinMerge is owned and operated by its CEO Mathew Goodhead, a Texas resident and recognized community leader. Their staff come from every corner of the USA with a global community. What Mathew and the team are building is absolutely needed in the crypto space, and more investors and users are jumping on board.

Users can now access CoinMerge through a web-browser, a pc app, the Google Play Store, and the Apple App Store. They recently developed customizable profile pages. Harkening back to the days of Myspace, users can customize the backgrounds, colours and fonts of their profile, pick their top 6 friends on the platform, and show off their favourite NFTs. They have partnered with another emerging company called DAR and officially partnered with Luna PR. CoinMerge also has a few notable investors, including: Joc Pederson, Pro MLB player, AJ Pollock, Dodgers Outfielder, and Todd Gurley, offensive player of the year in the NFL.

CoinMerge is poised for success, being the first to market on an all in one social media platform. With first-mover advantage, a dedicated team, and non-stop development improving the user and holder experience, CoinMerge is unlikely to stay at this Market Cap for much longer.

 

 

 

 

The gaming industry showed great resilience during the 2020-21 pandemic period, adding more than 300 million new users and $180 billion in revenue. Gaming is considered the hottest sector globally, and it is expected to reach a valuation of $320 billion by 2026-27.

Thanks to the digitization of communities and the increase in mobile penetration worldwide, all age groups have a massive interest in gaming. It has become the ultimate form of entertainment and engagement on the internet.

Over the years, gaming was treated as a leisure activity with zero financial upside. Players are the ones who usually pay thousands of dollars for in-game items and other premium gaming products. The return on that investment is not quantifiable outside of social status in digital communities.

Well, that is now slowly changing with the emergence of play-to-earn gaming. By leveraging the underlying blockchain technology of NFTs and the metaverse, P2E games are providing skilled players a new avenue of monetization. Unlike the corporate-controlled Web 2.0 games, blockchain gaming promotes player-owned economies, giving power back to the players.

How Play-to-Earn is Changing the Gaming Dynamic

In the traditional gaming world, players spend countless hours honing their skills and advancing to higher levels of competition. In return, they don’t get any kind of compensation or reward. One hundred percent of the revenue generated is distributed among a few developers and game publishers. The value created by players is never on display.

By transitioning to the blockchain world, the long-standing economic structure and value distribution change forever. In a play-to-earn game, players have full control over their in-game assets, backed by true ownership of NFTs. They can be treated as any other digital collectible with a secondary market. So players can sell them at a marketplace and gain value in tokens or their desired currency.

Furthermore, play-to-earn games are community-driven, meaning the roadmap and game mechanics evolve based on community interactions and suggestions. In traditional gaming, it is the complete opposite. Few centralized entities hold all the power to decide the game’s future. In fact, they can even ban players from using third-party marketplaces to exchange in-game items.

The play-to-earn movement is also not limited to only gaming activities. Within the metaverse, one can create many revenue-generating opportunities like renting real-estate or licensing games. According to Grayscale’s metaverse report, the annual revenue generated from metaverses could exceed $1 trillion in the foreseeable future. So the digital economies created in the crypto landscape via play-to-earn are better alternatives to traditional gaming.

Comparing Pay-to-Play vs Play-to-Earn

One type of game is making big moves when it comes to gaming and leveling up from pay-to-play and play-to-earn. Penguin Karts translates the mechanics of typical pay-to-play kart racing games to Web 3, transitioning to play-to-earn and allowing players to benefit in the physical world.

Penguin Karts is a play-to-earn racing game with a P2P battle environment, staking features, and online gambling platform. To ensure users get utility and rewards from the NFTs, they can be staked and payouts come in the form of Fantom, on which the game is built. Players can earn unique kart skins, accessories for their Penguins and other rare and super rare swag for a personalized racing experience.

Traditional racing games allow players to earn coins, and unlock different parts in terms of the in-game economy, Penguin Karts offers so much more. Players can build and host their own tournaments and choose to hold private events or promote them publicly, rental fees are paid in the PGK token and a % is returned to the treasury for continued expansion of the ecosystem. A trip to the races, even when in the metaverse, would not be complete without a sportsbook, so spectators will be delighted to know they can place bets on their favorite drivers.

Creating NFTs that have real utility is very important to the Penguin Karts team, the Genesis Penguin 2D editions will provide early access to the game in beta, and will be able to be staked to earn loot. When launched, the 3D NFTs can be used as custom avatars in the game and also staked. The goal is to provide value to the gamers, investors and inside the game but also with true value outside the game in NFT marketplaces such as OpenSea.

Is Play-to-earn the Biggest Driver for Crypto Adoption?

It is evident how much better an economic model blockchain gaming has created than traditional gaming. When player-owned economies show signs of sustainability, more gamers will likely transition to the web 3 world. As NFTs and gaming are more compelling than DeFi, we may see a much faster adoption rate with P2E games than any other crypto market sector.