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In late 2021, Logan Paul made headlines for starting CryptoZoo, a blockchain game involving the purchase of NFT eggs. Despite selling out in September 2021, the game has never launched, leading to investigations and accusations of it being a potential scam. However, Paul has recently announced a plan to buy back all the NFT eggs and return the money to players. Understanding the Buyback ProcessA buyback, also known as share repurchase, is when a company buys back its own shares from investors. In this case, Paul will be buying back the NFT eggs from players who initially invested in CryptoZoo. By…
Square Enix, one of the leading game developers in the world, is known for its highly acclaimed titles such as Final Fantasy and Tomb Raider. With a history spanning over three decades, the company has constantly evolved and adapted to changing times. In 2024, Square Enix announced a major restructuring of its organization and a shift in focus towards new technologies such as AI, blockchain, Web3, and cloud technologies.A New Vision for the FutureIn a recent announcement, Square Enix President Takashi Kiryu shared the company’s vision for the future. He highlighted the need to optimize resource allocation and embrace technological…
Azuki, one of the most popular NFT collections, on Saturday, followed and shared Weeb3 Foundation’s tweets on platform X. Prices of the NFT collection saw a quick upsurge right after the move. The prices saw a 33.3% increase due to expectations surrounding the upcoming Azuki token. Azuki follows Weeb3 on Twitter, Shares a series of Tweets NFT project Azuki followed and reposted tweets from the Weeb3 Foundation on platform X on Saturday. The move immediately saw people speculating about a possible partnership between the two institutions. The rebranding of Weeb3 Foundation, which is driven by the token ANIME, is remarkably…
According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing a 4.10% uptick in sales this week. RBX Voucher Sale Leads the Pack in Priciest NFTs, as Uncategorized Ordinals Compilation Dominates This Week’s Collections This week saw 873,268 NFT buyers and 619,949 sellers engaging in transactions worth $308.23 million in NFT sales. Despite the buyer and seller counts each surging over 20%, sales dipped slightly by…
Polymath provides a platform for issuing tokens and emphasizes compliance with all legal procedures. As a result, the so-called Security Token (ST20) should be obtained, which meets all the legal requirements for securities. In other words, it turns out the token is legally equivalent to securities and meets all the requirements of regulators, such as the SEC. Polymath provides a platform for issuers of securities (stocks, bonds, etc.) who want to tokenize their securities and for investors who have passed the KYC procedure. What are the other features of the project? What are the prospects of the POLY token? Find…
Back in 2014, Jack Peterson and Joe Krug decided to create a blockchain-based analog of a betting platform. They were sure that a blockchain-based betting system would be more beneficial for users thanks to decentralization. Five years ago, this idea made a real sensation, so they decided to launch a platform based on Ethereum, and Vitalik Buterin volunteered to become their consultant. In 2015, the Ethereum network launched the first smart contract of the project called Augur (in honor of Roman Augur soothsayers). In the same year, developers conducted an ICO and managed to sell about 8.8 mln REP tokens…
NeoResearch has integrated GitHub Codespaces and Gitpod with NeoCompiler Eco. These integrations will allow developers to get up and running with Neo and collaborate on projects more easily and efficiently. NeoCompiler Eco is a browser-based development environment. Created by NeoResearch in 2018, it aims to onboard developers by eliminating setup requirements and hardware expectations. Since then, it has been through multiple iterations, including migration to the new N3 platform. The tool makes it possible for visitors to write, compile, deploy, and test smart contracts from a web app. Data is written to a shared test network, featuring low block times…
Saga, a new, gaming centric blockchain, has announced plans to airdrop their SAGA token sometime during the first quarter of 2024. If you’ve staked ATOM, MATIC, or TIA tokens, then you may be eligible for the airdrop. Otherwise, everyone has a chance to ‘Play to airdrop’, by joining in various community gaming events! Saga, a new blockchain protocol, has announced plans to airdrop their SAGA token in Q1 of 2024. Built using the tech from the Cosmos blockchain, Saga plans to reward those who staked at least 25 ATOM tokens between April of 2023 and October of 2023, with a…
An estimated 53% of the total smart accounts deployed were created in Q4 of 2023, a report by Web3 development platform Alchemy shows. Of the total 1.8 million deployments since the launch of ERC-4337 at Walletcoin in March 2023, over 960,000 of these smart accounts were created in the past three months. Will Hennessy, Alchemy’s account abstraction lead, notes that these numbers exceeded initial expectations. “The Ethereum Foundation just deployed ERC-4337 contracts in March 2023, so this early adoption is faster than expected. It shows how hungry app developers are to solve [user experience] problems like gas sponsorship,” Hennessy said.…
The Web3 gaming sector is poised for a promising future in 2024, with a variety of games expanding its horizons. Among these gaming projects is “SERAPH: In the Darkness,” an immersive dark-themed ARPG built on the Arbitrum One blockchain. Recently concluding its third round of closed testing, known as the “Chaos Legacy Test,” the game has garnered attention from players for its innovative gameplay mechanics and economic model.Testing Results and EngagementDuring the 30-day Chaos Legacy Test that commenced on November 22, SERAPH underwent a rigorous evaluation to assess its economic structure and gameplay. The development team sought feedback and continuously…
