Author: Jeremy Ryan

Layer 1 blockchain Injective introduced the CW-404 standard, a replica of the wildly popular experimental token standard ERC-404, for its network on Friday. The Cosmos-based Injective is teaming up with decentralized exchange DojoSwap to offer the CW-404 standard. CW-404 is a port of the ERC-404 and combines the CW-20 and CW-721 standards. ERC-404 is an unofficial Ethereum standard that allows multiple wallets to directly own a single non-fungible token (NFT) and gives its holders the ability to create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings. The standard brought…

Social news and discussion website Reddit is expanding its partnership with tech giant Google, the company said on Thursday. Reddit said the deal—which will give Google access to nearly two decades of user-generated content—will make it easier “to discover and access the communities and conversations people are looking for on Reddit.” Last week, Bloomberg reported that Reddit signed a contract with an undisclosed AI developer for a deal worth $60 million. Today’s announcement confirms speculation that the company in question was Google. I mentioned yesterday that Google’s best strategy for maintaining AI dominance will be using its deep pockets to…

Traditionally, the process of disbursing funds during humanitarian crises has been marred by challenges such as bureaucratic delays, lack of transparency, and the potential for mismanagement of funds. These hurdles not only hinder the prompt delivery of aid but also erode the trust of donors and beneficiaries. In response to these challenges, the financial services industry is increasingly turning to blockchain technology as a viable solution. Blockchain’s Role in Transparent Financial Transactions Blockchain, the underlying technology behind cryptocurrencies like Bitcoin, operates on a decentralized ledger system. Accordingly, instead of relying on a central authority, transactions are recorded and verified by…

A new pre-release phases arrives in Influence, bringing with it a chance to earn SWAY tokens by playing and completing missions for this space-based MMO set in a field of asteroids with real-life orbital dynamics! Soon, players will be able to explore, build, and colonize in the Adalia system as they play the game of Influence. But before that can happen, we need to have some pre-release testing. The pre-release is already underway, and with it come a number of opportunities to earn SWAY tokens, the game currency for Influence. For the Pre-Release phase, Influence has allocated 1 billion SWAY…

METABORA SG, the Web3 gaming division of South Korean video game publisher Kakao Games, has partnered with the gaming-focused blockchain Oasys. This collaboration aims to leverage Oasys’ latest vision for 2024, the ‘Dragon Update’, which focuses on enhancing interoperability, ecosystem development, and delivering great content aiming to widen the reach of blockchain gaming.METABORA SG and Oasys are teaming up, blending immersive gaming with eco-conscious technology to appeal to Japanese gamers. Their joint effort seeks to drive innovation, improve gaming experiences, and establish new industry norms.With an eye on the Japanese market, METABORA SG plans to utilize Oasys’ strong presence and…

Privy, a platform offering developer libraries to ease onboarding into crypto, has opened to the public. The platform offers streamlined onboarding flows and wallet management for Web3 apps. It integrated with consumer crypto apps including Zora, OpenSea, friend.tech and Blackbird in its gated access stage. The platform has notable backing: Sequoia led its 2022 seed round, and Paradigm led its $18 million Series A round last year. Privy creates tools developers can integrate to make their Web3 onboarding more user-friendly. Users can sign up for an app with an email address and have a wallet created behind the scenes —…

Web3 is ripe for mainstream adoption but there are still a few challenges that need to be addressed before onboarding next billion users onto the next generation of internet built on the blockchain technology, as per a recent survey report by Web3Auth. While a growing number of people are venturing into this decentralized space, security concerns, high transaction costs, and user-friendliness issues present major roadblocks. The survey, encompassing over 3,300 users, developers, and decision-makers across the globe, revealed that nearly half (48%) perceive security risks as the biggest barrier to mainstream adoption. Additionally, 29% of respondents cited high transaction costs…

Source: X (Oasys)Oasys’ Role in Web3 Gaming’s EvolutionForming a strategic alliance with Metabora represents a significant milestone for Oasys within the Kakao Games ecosystem, as it seeks to enhance Metabora’s visibility by leveraging its connections in Japan and beyond. On top of supporting Web3 gaming companies, what also sets Oasys apart is being a preferred platform for traditional gaming giants transitioning into the blockchain realm. Ubisoft, for instance, chose Oasys as the foundation for its inaugural blockchain game, ‘Champions Tactics: Grimoria Chronicles’, and even released a complimentary NFT collection tied to the game in December 2023. Similarly, Sega has joined forces with…

Diverse Earning OpportunitiesAdditionally, players who collect at least 30,000 Blooms can enter a lottery, offering the chance to win Legendary Palms, among other prizes.Such earning opportunities go beyond attracting visitors to islands and collecting Blooms. Holding a hefty number of assets also improves players’ rankings, leading to higher $ISLAND distribution.Each of these updates aims to bolster player engagement and expand the blockchain gaming community. They highlight the value of P2E NFTs and Nifty’s commitment to enhancing experiences through enticing quests and benefits.Want more? Connect with NFT PlazasSubscribe to our NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on…

AELF, a leading blockchain solutions provider, is working with Google Cloud, a top cloud computing provider. This association brings in a new blockchain era. The goal is to offer businesses safe, effective, and expandable blockchain services that meet the needs of the digital age. AELF wants to use Google Cloud’s advanced infrastructure and security to change how businesses use blockchain technology to innovate and achieve strategic goals. Our partnership with @GoogleCloud marks a step forward in our journey to advance #Web3 and make aelf #blockchain more accessible and efficient for businesses worldwide.Thanks @GoogleCloud_SG for assisting us in integrating the solutions!????https://t.co/t9JSU2L7Ca#CryptoNews…