Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is releasing a series of games and offering the opportunity for anyone to invest in them through the use of blockchain technology. Spacewalkers is an already established developer with a portfolio of released and upcoming games. Check them out here before reading about the studio’s history and how you can get involved. Go to STEAM!
Spacewalkers: delivering games fast!
When consistency is key, it can be important to select a project that does more than make grand gestures and empty promises. With a host of meme coins and scams out there, credibility is an important factor to take into consideration – and this is where Spacewalkers comes in.
Founded in 2020, the Spacewalkers development team is Polish and comprises of individuals who not only have decades of experience over multiple projects in well-established studios such as Flying Wild Hog and Techland, but a proven track record of performance and delivering on their promises. Their first release, Interregnum Chronicles: Signal, was launched in 2021 to offer investors and players alike the ability to familiarize themselves with the brand and get a taste of exactly what’s to come. The first title in their portfolio, released on the Steam platform, gave them an overview of the logistics involved when completing production and gaining certification, alongside experience in game release on a global platform, promotion and connecting with players – and all of this was achieved in just six months.
To further prove that Spacewalkers delivers, earlier this year, the team made the snap decision to create a simple turn-based strategy game to show their support for Ukraine amid Russia’s invasion. Ukraine Defense Force Tactics (UDFT) was soon created and widely praised by players around the world, including Ukraine itself. All proceeds from the sale of the game were donated to victims of the war and reputable local charities.
About Interregnum Chronicles: False Prophet
Studio’s next game and biggest one yet is an ambitious project about survival in a post-apocalyptic world in which extraterrestrial civilizations wage war over ruins of Earth while ordinary people fight for survival. Humanity was decimated by a mysterious mind virus and the world was thrusted into a new ice age while the magnetic poles abruptly shifted. The game offers a refreshing perspective of a group of ordinary people caught in events that transcend their understanding – their small tragedies quietly play out in the background of events that will decide the fate of the world.
The first proper game in the series, Interregnum Chronicles: False Prophet, is set for release in the first quarter of 2024 and Spacewalkers aims to create 3-6 games in the series over the course of the next 6-8 years. These games are unique in the fact that they present standalone stories set within a wider fictional universe that is already well-established. This means that it has the additional potential of targeting fans of the novel, as well as those who enjoy sci-fi literature. Spacewalkers are also aiming to complete the book trilogy and branch out into other mediums, such as film and more.
Why get involved with Spacewalkers?
When it comes to selecting a worthwhile project in the gaming industry, the wisest decision will be to opt for a reliable, established team that has already earned their place within this growing industry. Spacewalkers are one such team and you could soon be part of a growing community with a wealth of potential both now and for the future. As blockchain technology is impacting the gaming industry, Spacewalkers are aiming to design and deliver a practical and meaningful experience for players, alongside a cutting-edge investment model. The gaming sector in Poland is a consistently evolving industry and Polish game producers are not only stepping up to compete with other leading developers on the world stage but are actually leading in terms of quality and ingenuity of games created there.
How to get involved?
Investing in Spacewalkers is simple: all you have to do is purchase the Spacewalker Token (SWT) on the TECRA SPACE. The supply of SWT is limited as there is going to be only 20M tokens in total. All of them are available for purchase during the investment phase after which the unsold tokens are burned to secure the value of sold tokens. So far over 6M tokens were sold to investors and the company has pledged to use 40% of their profits from the games to buy back SWT from exchanges. These tokens are then also destroyed, creating a deflationary feedback loop that benefits holders of the token even further.
But it’s not just the buyback program that makes investing in Spacewalkers a smart move. Not only do investors directly participate in the profits of Spacewalkers’ games, but they also benefit from the fact that SWT will be freely traded on crypto exchanges. This means that not only do you have the opportunity to earn a share of the profits, but you also have the potential to see the value of your investment increase as the demand for SWT grows. Also, it means that investors can sell their tokens at any time, potentially realizing a profit on their investment.
Additionally, SWT will serve as a utility token within the Spacewalkers games, serving as the in-game currency. Players will be able to use SWT to purchase in-game items, such as new skins, weapons, or other enhancements. As the popularity of Spacewalkers’ games grows, so too will the demand for SWT, potentially increasing the value of the token.
Overall, Spacewalkers’ innovative approach to funding and investing in their games represents a major shift in the gaming industry. By allowing anyone to become an investor through the use of cryptocurrency, they are democratizing the process and giving more people the opportunity to participate in the success of their projects.
Don’t pass up the opportunity to invest in the most innovative, driven game studio in the gaming industry and buy your tokens for Spacewalkers on TECRA SPACE.
This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is releasing a series of games and offering the opportunity for anyone to invest in them through the use of blockchain technology. Spacewalkers is an already established developer with a portfolio of released and upcoming games. Check them out here before reading about the studio’s history and how you can get involved. Go to STEAM!
Spacewalkers: delivering games fast!
When consistency is key, it can be important to select a project that does more than make grand gestures and empty promises. With a host of meme coins and scams out there, credibility is an important factor to take into consideration – and this is where Spacewalkers comes in.
Founded in 2020, the Spacewalkers development team is Polish and comprises of individuals who not only have decades of experience over multiple projects in well-established studios such as Flying Wild Hog and Techland, but a proven track record of performance and delivering on their promises. Their first release, Interregnum Chronicles: Signal, was launched in 2021 to offer investors and players alike the ability to familiarize themselves with the brand and get a taste of exactly what’s to come. The first title in their portfolio, released on the Steam platform, gave them an overview of the logistics involved when completing production and gaining certification, alongside experience in game release on a global platform, promotion and connecting with players – and all of this was achieved in just six months.
To further prove that Spacewalkers delivers, earlier this year, the team made the snap decision to create a simple turn-based strategy game to show their support for Ukraine amid Russia’s invasion. Ukraine Defense Force Tactics (UDFT) was soon created and widely praised by players around the world, including Ukraine itself. All proceeds from the sale of the game were donated to victims of the war and reputable local charities.
About Interregnum Chronicles: False Prophet
Studio’s next game and biggest one yet is an ambitious project about survival in a post-apocalyptic world in which extraterrestrial civilizations wage war over ruins of Earth while ordinary people fight for survival. Humanity was decimated by a mysterious mind virus and the world was thrusted into a new ice age while the magnetic poles abruptly shifted. The game offers a refreshing perspective of a group of ordinary people caught in events that transcend their understanding – their small tragedies quietly play out in the background of events that will decide the fate of the world.
The first proper game in the series, Interregnum Chronicles: False Prophet, is set for release in the first quarter of 2024 and Spacewalkers aims to create 3-6 games in the series over the course of the next 6-8 years. These games are unique in the fact that they present standalone stories set within a wider fictional universe that is already well-established. This means that it has the additional potential of targeting fans of the novel, as well as those who enjoy sci-fi literature. Spacewalkers are also aiming to complete the book trilogy and branch out into other mediums, such as film and more.
Why get involved with Spacewalkers?
When it comes to selecting a worthwhile project in the gaming industry, the wisest decision will be to opt for a reliable, established team that has already earned their place within this growing industry. Spacewalkers are one such team and you could soon be part of a growing community with a wealth of potential both now and for the future. As blockchain technology is impacting the gaming industry, Spacewalkers are aiming to design and deliver a practical and meaningful experience for players, alongside a cutting-edge investment model. The gaming sector in Poland is a consistently evolving industry and Polish game producers are not only stepping up to compete with other leading developers on the world stage but are actually leading in terms of quality and ingenuity of games created there.
How to get involved?
Investing in Spacewalkers is simple: all you have to do is purchase the Spacewalker Token (SWT) on the TECRA SPACE. The supply of SWT is limited as there is going to be only 20M tokens in total. All of them are available for purchase during the investment phase after which the unsold tokens are burned to secure the value of sold tokens. So far over 6M tokens were sold to investors and the company has pledged to use 40% of their profits from the games to buy back SWT from exchanges. These tokens are then also destroyed, creating a deflationary feedback loop that benefits holders of the token even further.
But it’s not just the buyback program that makes investing in Spacewalkers a smart move. Not only do investors directly participate in the profits of Spacewalkers’ games, but they also benefit from the fact that SWT will be freely traded on crypto exchanges. This means that not only do you have the opportunity to earn a share of the profits, but you also have the potential to see the value of your investment increase as the demand for SWT grows. Also, it means that investors can sell their tokens at any time, potentially realizing a profit on their investment.
Additionally, SWT will serve as a utility token within the Spacewalkers games, serving as the in-game currency. Players will be able to use SWT to purchase in-game items, such as new skins, weapons, or other enhancements. As the popularity of Spacewalkers’ games grows, so too will the demand for SWT, potentially increasing the value of the token.
Overall, Spacewalkers’ innovative approach to funding and investing in their games represents a major shift in the gaming industry. By allowing anyone to become an investor through the use of cryptocurrency, they are democratizing the process and giving more people the opportunity to participate in the success of their projects.
Don’t pass up the opportunity to invest in the most innovative, driven game studio in the gaming industry and buy your tokens for Spacewalkers on TECRA SPACE.
This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s 47.51 million SOL tokens are locked and the firm’s FTT balance distorts the realization of actual liquidity due to FTX’s control of more than 80% of the supply.
On Jan. 17, 2023, FTX debtors published a press release and visual presentation of assets discovered since the company filed for Chapter 11 bankruptcy protection on Nov. 11, 2022. The FTX debtors claim to have found $5.5 billion via a “herculean investigative effort,” with $3.5 billion reportedly being crypto assets. The visual presentation explains that FTX controls around $685 million in solana (SOL) tokens, approximately 47,511,173 SOL, and using today’s SOL exchange rate, that cache is worth much more than $685 million.
However, the SOL owned by FTX debtors is locked and this aspect is not mentioned in the visual presentation shown to unsecured creditors. It has been reported that FTX/Alameda managed to purchase 16% of the SOL supply from the Solana Foundation, but there is a lockup schedule. The current stash of 47.51 million SOL equates to 8.82% of the total supply the Solana network will eventually issue over time. Presently, there is only 370,992,365 SOL in circulation and that does not account for the 47.51 million locked SOL owned by the liquidators.
The problem with calling this cache of SOL liquid is that it is locked and subject to linear vesting through 2025-2027, and it could take years before the funds can be accessed. Additionally, the debtors’ cache of ftx token (FTT), a coin originally created by the core FTX team, is also not liquid because FTX controls more than 80% of the entire supply. For example, the Ethereum (ETH) address “0x97f” controls 45,850,883 FTT, worth more than $1.8 billion using today’s exchange rates. The FTX debtors’ presentation shows the FTT as being worth $529 million worth of FTT tokens.
The locked Solana issue and the fact that FTX owns most of the FTT in circulation puts these tokens more on the side of being illiquid. This could complicate the bankruptcy process and payments to creditors because it would be difficult to convert these assets into cash or other crypto assets without significantly impacting the market price.
Even if the SOL were unlocked, dumping 47.51 million SOL on the market would cause disruptions. Additionally, FTT suffers from low trading volume, limited exchange listings, few use cases, and the company controls most of the FTT supply. Because FTX holds a significant amount of the total FTT supply, it can easily affect the ability to trade it. Calling these caches of SOL and FTT tokens “liquid” is questionable as data does not support that definition.
What are your thoughts on FTX’s discovery of $5.5 billion in liquid assets, despite the presence of locked SOL and illiquid FTT holdings? How do you think this will impact the bankruptcy process and payments to creditors? Share your thoughts in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
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Source From : News