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There’s plenty going on with crypto and blockchain right now. But the biggest news of the year is still the Securities and Exchange Commission’s approval of spot bitcoin ETFs — with $4.5 billion in trading volume in the first 24 hours, all eyes are on how this new investment vehicle will impact public engagement with crypto and blockchain. Because even though blockchain technology has been in use (and in the public discourse) for over a decade, it’s still accurate to compare its progress to the early days of the internet. Its nascent point in evolution — and clear potential for…
The Axie Infinity ecosystem continues to expand, adding new games, opening up existing games to more people, and making Axies useful in an increasing number of apps. And don’t forget about their own gaming chain, the Ronin network, which continues to grow and onboard new partners! Axie Infinity is one of those systems that we could potentially write a new article about on a daily basis. From their humble beginnings as a somewhat simple, turn-based, creature-battling game, Axie has weathered tough times and come out stronger, developing into a gaming behemoth that just seems to keep growing! So let’s take…
Taki Games, a social gaming network where players can earn real cash rewards, is joining forces with Two3 Labs, a cross-chain Web3 entertainment studio. The partnership sees the development of a mobile game based around the popular community-centric Smoofs NFT collection. Progress on the Puzzle Smoofs game is moving quickly, with the team targeting a March 2024 launch on the Taki Games network.Smoofs’ Growing Popularity in Web3Launched in December 2023 on the Polygon blockchain, the Smoofs NFT collection has rapidly climbed to fame, characterized by its vibrant community and substantial trading volume. The forthcoming Puzzle Smoofs game hopes to broaden the…
What is Taki Games?Taki Games is a decentralised gaming network that allows players to earn real-money rewards. Their mission is to bring the vast mobile gaming market into the web3 fold, partnering with web3-native brands and communities to expand their reach.Their reward structure, built around the $TAKI token, utilises a clever buy-and-burn mechanism to deliver value and allow gamers to generate revenue through play – with over 1 million $TAKI tokens burned to date.Since their pivot to web3 gaming, Taki Games has grown to become a top 15 dApp on Polygon according to DappRadar, with $TAKI trading volume averaging $13M…
XSY, the most recent enterprise established by Input Output Global, is being introduced. Another noteworthy development is that IOG appointed David Marley as the COO and W. Sean Ford as the CEO. This pertains to an emerging stablecoin initiative. An economic engine that seeks to bring new development and open the way for possibilities relating to everyone in their community is at the heart of every blockchain ecosystem. This is typically accomplished via two methods: application development and the construction of diverse digital assets, including NFTs, tokens, stablecoins, and others. This invariably contributes to the development of a token that…
Cross-chain messaging platform Wormhole has introduced native token transfers (NTT) as a way to preserve token characteristics and address liquidity fragmentation across different blockchains. Sending tokens across different blockchain platforms today usually requires a token bridge. These bridges often use either the “lock and mint” or “burn and mint” approach when enabling these transfers. This process involves users locking up the native asset into a smart contract on one chain and then swapping it for a synthetic version of that asset before it is transferred to a different chain. Once on another chain, users will again need to go through…
Micro3, a Decentralized SocialFi Mint-To-Earn leader, recently partnered with FantomFDN, generating buzz. This partnership advances Web3 projects and the creator economy with LayerZero and Chainlink. Micro3 and Fantom Integration Simplifies NFT Minting and Enhances User Experience One of the best things about this integration is the fastest and cheapest Fantom NFT minting. Users now have fast transactions and low gas fees, making minting easy. Micro3 and Fantom updated the Fantom blockchain NFT system. They want to improve the ecosystem by giving creators and collectors better features and an easier interface. To launch their partnership, Micro3 and Fantom launched the Micro3…
Crypto gaming platform Portal just made a significant move by listing its cross-chain gaming token, $PORTAL, on Binance. By joining the most significant cryptocurrency exchange in terms of daily trading, Portal aims to attract billions of gamers to its interoperable ecosystem by seamlessly integrating various gaming experiences across blockchains. According to a recent X post, the launch of $PORTAL brings forth several notable features, including staking options for accessing tokens and NFTs; its SocialFi game, ‘Crystal Dash’, offering enhanced rewards; alongside decentralized nodes and a fully-fledged roadmap in the near future.Staking has already been initiated, providing participants with VIP access to presales and…
What is MixMob: Racer 1?MixMob: Racer 1 is a skill-based title where on-track racing meets card-slinging strategy.Designed to appeal to all aspects of the web3 community – from hardcore gamers to stakers and supporters – they’ve been in development for several years, and have picked up steam in recent months following their MixBots release and $MXM token launch.Official licensing plays a big part in MixMob’s future plans, with CEO Simon Vieira and Executive Producer Pavel Bains utilising their past experience in securing licenses for Peanuts, Warner Bros Kids, DreamWorks and more to make MixMob one to watch this year. Source:…
Korean firm specializing in web3 and blockchain Dispread announced a partnership with a second-level solution on Ethereum Arbitrum. According to a press release on Feb. 29, Dispread plans to distribute research content and development guides to help Arbitrum build a development ecosystem in the Korean market and eliminate language and cultural barriers existing Korean developers face. “Disspread also plans to focus on creating a collaborative environment with Arbitrum for domestic companies seeking to introduce blockchain technology.” Disspread team The partnership’s ultimate goal is to expand Arbitrum’s presence in the Korean market to provide a seamless development environment for Korean developers…
