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MetaCene — a premier blockchain gaming platform celebrated for its expansive meta-MMO experience — successfully secured a hefty $10 million raise during its Private A funding round. Investment and blockchain firms have shown their support for MetaCene’s ambition to create a cohesive on-chain ecosystem that caters to MMORPG enthusiasts, developers, and blockchain advocates alike. Folius Ventures and SevenX Ventures spearheaded the capital raise, with significant contributions from The Spartan Group, Mantle EcoFund, Animoca Ventures, Longling Capital, Comma3 Ventures, and IGG.Alan Tan, the visionary Founder and CEO of MetaCene, revealed this recent influx of funds will propel the company’s mission forward. Plans include…

Today marks the launch of Black Mirror’s Smile Club, a cutting-edge collaboration between Pixelynx, Animoca Brands, and Banijay Brands, now available on Base.—Drawing inspiration from the acclaimed ‘Nosedive’ episode, Smile Club introduces a groundbreaking blend of digital collectibles and immersive storytelling. Fans are invited to mint their characters and embark on quests to achieve the coveted 5-star rating through SMLE points.This innovative project combines collectibles, digital experiences, and live episodic content. The first pilot episode, developed in partnership with BasedAF, promises to immerse users in a world where their actions may shape future episodes.A Star-Studded Roll-OutThe journey kicked off with…

EdgeCloud is scheduled to launch on May 1, 2024. The Theta team will leverage its experience in 3D 360 rendering to focus more on AI computing jobs. Moving forward, Theta Labs will upgrade its edge nodes worldwide to ensure that the versions align with development. It will better support 3D rendering test jobs. Participants are slated to receive rewards in TFUEL. More plans are in the pipeline, focusing on taking the development forward. For instance, EdgeCloud aims to enable full 3D rendering and AI applications that utilize 3D. This includes the use of complex 3D visual effects for animations and…

Kremlin is planning an establishment of a blockchain-based payment system within the BRICS nations. Yury Ushakov, an advisor to the Kremlin,ponted out the importance of this autonomous payment system, leveraging technologies such as blockchain and digital currencies. The move is focused at creating a reliable, apolitical, and practical payment infrastructure for governments, businesses, and individuals. Ushakov asserted that the main objective in the following year would be to bolster the BRICS nations’ standing in the global financial and monetary system. Referring to the 2023 Johannesburg Declaration, he highlighted the leaders’ commitment to prioritize national currency settlements and strengthen correspondent banking…

BlockGames, a mobile-focused crypto-gaming app, is gaining recognition for launching an interactive airdrop that acts as the gateway to its soon-coming $BLOCK token.Drawing parallels to Portal, BlockGames adopts a strategy reminiscent of the gaming platform’s $PORTAL token, which boasts a current market capitalization of around $430 million, as per CoinGecko.Inspired by Portal’s ‘Crystal Dash’ airdrop, BlockGames enables participants to accrue points when tweeting about its project. These points can later be exchanged for $BLOCK.  Source: BlockGamesGame to earn $BLOCKBlockGames is a decentralized gaming community spanning multiple chains and platforms, offering players a unified experience via ‘Universal Player Profiles’, which has already…

Layer-1 solution Nibiru Chain has announced the launch of its public mainnet, boasting 40,000 transactions per second. Nibiru Chain, a layer-1 blockchain network that previously raised $12 million from a pool of investors like Kraken Ventures, has launched its public mainnet aiming at processing 40,000 transactions per second. According to a press release shared with crypto.news, the platform wants to grow the user base thanks to parallel optimistic execution which allows the platform to process multiple independent transactions simultaneously. “We recognize the barriers that have kept potential users at bay — from complex onboarding to opaque decision-making and a lack…

Readyverse Studios, in collaboration with Futurverse Studios and co-founders Ernest Cline and Dan Farah, have unveiled their latest project: “Open.” This highly anticipated third-person battle royale game promises to transform the gaming industry with its innovative use of Web3 technology and integration of popular intellectual properties (IPs). The game is set to offer players a multi-biome, multi-IP, multi-mode gaming experience like no other.Open was developed jointly by Readyverse Studios and Walker Labs, the creators of the open-world shooter game Walker World. This collaboration marks a significant milestone for Readyverse Studios, as it is their first major gaming title developed specifically…

Authorities in China are urged to improve the infrastructure surrounding blockchain technology to match the pace of digitization. Dong Jin, a high-ranking National People’s Congress (NPC) member, called on the Chinese government to throw its weight behind blockchain development, eyeing several benefits for the local economy. Jin’s comments came during China’s Two Sessions event, an annual plenary session of the ruling party with the nation’s political elite and industry leaders in attendance. The discussions at the Two Sessions event include areas of economics, security, and geopolitics, as well as emerging technologies. Jin’s proposal revolves around developing a national blockchain network…

One recent trend that has gained momentum in the Web3 space is the use of airdrops as a means to launch a token and attract users. Portal, a popular gaming platform, recently made headlines when it successfully launched its token through an airdrop farming campaign. Now, following in Portal’s footsteps, BlockGames is launching its own BLOCK token using a similar strategy. Airdrops refer to the distribution of free tokens or coins to a large number of individuals. This method is often used as a marketing strategy to attract users and create buzz around a new token or platform. Airdrop farming campaigns…

The crypto market stands on the brink of a transformative year in 2024. Indeed, the industry is poised for significant changes with new technologies emerging. These advancements promise to enhance the functionality and utility of digital currencies and address some of the most pressing challenges facing the market today. The Promise of Interoperability A pivotal development in blockchain technology is the advancement of interoperability protocols. Kadan Stadelmann, Chief Technology Officer at Komodo Blockchain, told BeInCrypto about the critical compatibility between blockchains. “Blockchain interoperability empowers distinct blockchain networks to communicate, share data, and collaborate. It is the glue that binds together…