Home / Trend News /Emergent Games Launches Genesis 0 Cryotag NFTs For MMORPG Resurgence Today

Emergent Games Launches Genesis 0 Cryotag NFTs For MMORPG Resurgence Today

01 Sep 2022

Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region.

Bitcoin (BTC) briefly fell below $20,000 on Thursday, as crypto traders began to anticipate tomorrow’s non-farm payrolls report.

Following an additional 528,000 jobs in the U.S. economy in July, last month’s figure is expected to show an increase of 300,000.

Ahead of the report BTC/USD slipped to an intraday low of $19,862.02, which is over $500 lower than yesterday’s peak at $20,390.28.

Looking at the chart, the drop comes as the 14-day relative strength index (RSI) fell below its resistance point of 37.90, and is now tracking at 37.00.

The momentum of the 10-day (red) moving average also continues to be bearish, with the trend line maintaining its downward trajectory.

Should tomorrow’s payrolls report disappoint, then we could see bitcoin fall towards its recent support level at $19,500.

Like bitcoin, ethereum (ETH) was also lower in today’s session, as the token fell below $1,600 earlier in the day.

Following a high of $1,612.36 on hump day, ETH/USD dropped to a low of $1,536.55 on Thursday, falling below its floor of $1.550 in the process.

Shortly after this breakout, bulls opted to return, buying the dip, which has in turn pushed prices back above this support point.

As of writing, ethereum is now tracking at $1,577.39, with the RSI currently at 46.69, with bulls still targeting a resistance level of 50.00.

Depending on the sentiment of tomorrow’s jobs report, we could see bullish pressure intensify, sending prices above not only $1,600, but close to $1,700.

However, there are still some signs of bears in the market, which could trigger a price reversal, especially the closer we get to the ceiling of $1,625.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, Bitcoin, BTC, Crypto, Crypto markets, Cryptocurrency, ETH, Ethereum

Do you expect a strong non-farm payrolls report on Friday? Leave your thoughts in the comments below.

Eliman brings a eclectic point of view to market analysis, having worked as a brokerage director, retail trading educator, and market commentator in Crypto, Stocks and FX.

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.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region.

Bitcoin (BTC) briefly fell below $20,000 on Thursday, as crypto traders began to anticipate tomorrow’s non-farm payrolls report.

Following an additional 528,000 jobs in the U.S. economy in July, last month’s figure is expected to show an increase of 300,000.

Ahead of the report BTC/USD slipped to an intraday low of $19,862.02, which is over $500 lower than yesterday’s peak at $20,390.28.

Looking at the chart, the drop comes as the 14-day relative strength index (RSI) fell below its resistance point of 37.90, and is now tracking at 37.00.

The momentum of the 10-day (red) moving average also continues to be bearish, with the trend line maintaining its downward trajectory.

Should tomorrow’s payrolls report disappoint, then we could see bitcoin fall towards its recent support level at $19,500.

Like bitcoin, ethereum (ETH) was also lower in today’s session, as the token fell below $1,600 earlier in the day.

Following a high of $1,612.36 on hump day, ETH/USD dropped to a low of $1,536.55 on Thursday, falling below its floor of $1.550 in the process.

Shortly after this breakout, bulls opted to return, buying the dip, which has in turn pushed prices back above this support point.

As of writing, ethereum is now tracking at $1,577.39, with the RSI currently at 46.69, with bulls still targeting a resistance level of 50.00.

Depending on the sentiment of tomorrow’s jobs report, we could see bullish pressure intensify, sending prices above not only $1,600, but close to $1,700.

However, there are still some signs of bears in the market, which could trigger a price reversal, especially the closer we get to the ceiling of $1,625.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, Bitcoin, BTC, Crypto, Crypto markets, Cryptocurrency, ETH, Ethereum

Do you expect a strong non-farm payrolls report on Friday? Leave your thoughts in the comments below.

Eliman brings a eclectic point of view to market analysis, having worked as a brokerage director, retail trading educator, and market commentator in Crypto, Stocks and FX.

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.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information.

Officers from the Main Investigative Department of Ukraine’s National Police and the Security Service of Ukraine (SBU) have dismantled a criminal group running schemes designed to misappropriate funds from citizens of the country and a number of EU nations. Its members offered investors to participate in exchange trading of crypto assets, securities, and commodities.

Investigators found that the scammers established a network of call centers and presented themselves as officials from state banking institutions in order to obtain credit card data. They used high-tech equipment and software which allowed them to change their phone numbers to appear as if they were the official numbers of the banks.

The organizers of the scheme employed fake websites and exchange platforms for trading fiat and digital currencies, securities, gold, and oil. To attract investment funds they promised excess profits in a short period of time, the National Police of Ukraine detailed in a press release published Tuesday.

What’s more, the fraudsters also gained access to a database with the contact information of foreign nationals who had been targeted in similar attempts in the past. On behalf of a so-called “Community of cryptocurrency brokers,” they offered the victims to track and return their stolen cryptocurrency for a “commission.”

After accepting the services of the non-existent entity, these people were sent details for the transfer of the commission to accounts controlled by the members of the criminal scheme. After receiving the funds, the “brokers” suddenly interrupted communication and the lost cryptocurrency was never returned.

In searches conducted by Ukrainian law enforcement at the addresses of the call centers, computer equipment, mobile phones, and records confirming the illegal activities were seized. If found guilty under the provisions of Ukraine’s Criminal Code for large-scale fraud committed by an organized group and the use, distribution, or sale of harmful software, the perpetrators may face up to 12 years in prison.

Do you think the Ukrainian crypto fraudsters will be convicted in court? Tell us in the comments section below.

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons, National Police of Ukraine

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information.

Officers from the Main Investigative Department of Ukraine’s National Police and the Security Service of Ukraine (SBU) have dismantled a criminal group running schemes designed to misappropriate funds from citizens of the country and a number of EU nations. Its members offered investors to participate in exchange trading of crypto assets, securities, and commodities.

Investigators found that the scammers established a network of call centers and presented themselves as officials from state banking institutions in order to obtain credit card data. They used high-tech equipment and software which allowed them to change their phone numbers to appear as if they were the official numbers of the banks.

The organizers of the scheme employed fake websites and exchange platforms for trading fiat and digital currencies, securities, gold, and oil. To attract investment funds they promised excess profits in a short period of time, the National Police of Ukraine detailed in a press release published Tuesday.

What’s more, the fraudsters also gained access to a database with the contact information of foreign nationals who had been targeted in similar attempts in the past. On behalf of a so-called “Community of cryptocurrency brokers,” they offered the victims to track and return their stolen cryptocurrency for a “commission.”

After accepting the services of the non-existent entity, these people were sent details for the transfer of the commission to accounts controlled by the members of the criminal scheme. After receiving the funds, the “brokers” suddenly interrupted communication and the lost cryptocurrency was never returned.

In searches conducted by Ukrainian law enforcement at the addresses of the call centers, computer equipment, mobile phones, and records confirming the illegal activities were seized. If found guilty under the provisions of Ukraine’s Criminal Code for large-scale fraud committed by an organized group and the use, distribution, or sale of harmful software, the perpetrators may face up to 12 years in prison.

Do you think the Ukrainian crypto fraudsters will be convicted in court? Tell us in the comments section below.

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons, National Police of Ukraine

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain.

Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by depositing their crypto into vaults linked to Orca’s liquidity “whirlpools.”

Kamino Finance builds on the advantages of CLMM’s, which reduce slippage and facilitate larger trades by narrowing the price range at which users provide liquidity.

By automatically adjusting positions so they are set in an optimum range to capture the most fees and provide the deepest liquidity, Kamino removes common pain points for CLMM liquidity providers (LPs). In addition, Kamino automatically compounds CLMM fees and rewards back into users’ LP positions, boosting yields as position sizes grow.

Marius Ciubotariu, the co-founder of Hubble Protocol, says: “Managing profitable LP positions has been notoriously difficult due to the complexities posed by CLMMs and the increased risk of impermanent loss when prices swing the wrong way, as well as front-running by bots – common on Ethereum.

“Thanks to the lightning-speed throughput of the Solana blockchain, Kamino is able to provide LPs with higher yields and maximum capital efficiency. This fully realizes the potential of CLMMs. With Kamino, we hope to be paving the way for DeFi’s next explosive period of growth on the Solana DeFi ecosystem.”

Instead of the usual CLMM NFT, Kamino will provide LPs with a fungible LP token as a receipt of deposit. This LP token can be used as collateral to borrow USDH, Hubble’s censorship-resistant stablecoin, which can then be used to transact or earn further yield in Solana DeFi.

Hubble will build the first Kamino vaults on top of Orca’s concentrated liquidity whirlpools. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future.

Milan Patel, Head of Business Development at Orca, says: “By building upon Whirlpools, Hubble has created a simple way for liquidity providers to access the benefits of concentrated liquidity without continuous rebalancing. Hubble’s Kamino project demonstrates how concentrated liquidity on Orca can be easily harnessed by all users and protocols.”

About Hubble Protocol

Hubble Protocol enables the Solana DeFi community to borrow USDH, a censorship-resistant and crypto-backed stablecoin. By depositing a range of bluechip crypto tokens such as SOL, BTC, ETH, liquid staking tokens like mSOL, stSOL, and daoSOL, and a growing number of assets, users can mint USDH at up to an 80% LTV.

USDH can be used on multiple protocols across the Solana DeFi ecosystem to transact and earn yield. The Hubble team is completing a roadmap that includes improvements to the current USDH borrowing platform as well as the launch of new products and services, like Kamino, that bring real and long-term value to DeFi.

About Kamino Finance

Kamino Finance is an automated market-making solution built on DEXs powered by concentrated liquidity. The protocol optimizes CLMM liquidity by leveraging the superior speed and cost of Solana to rebalance positions and auto-compound fees plus rewards on behalf of users.

As an automated product guided by quantitative analysis and modeling, Kamino seeks to provide users with a market-making tool that requires little to no expertise for participation. LPs can “set it and forget it” to maximize their earned fees and minimize IL when providing liquidity via Kamino.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain.

Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by depositing their crypto into vaults linked to Orca’s liquidity “whirlpools.”

Kamino Finance builds on the advantages of CLMM’s, which reduce slippage and facilitate larger trades by narrowing the price range at which users provide liquidity.

By automatically adjusting positions so they are set in an optimum range to capture the most fees and provide the deepest liquidity, Kamino removes common pain points for CLMM liquidity providers (LPs). In addition, Kamino automatically compounds CLMM fees and rewards back into users’ LP positions, boosting yields as position sizes grow.

Marius Ciubotariu, the co-founder of Hubble Protocol, says: “Managing profitable LP positions has been notoriously difficult due to the complexities posed by CLMMs and the increased risk of impermanent loss when prices swing the wrong way, as well as front-running by bots – common on Ethereum.

“Thanks to the lightning-speed throughput of the Solana blockchain, Kamino is able to provide LPs with higher yields and maximum capital efficiency. This fully realizes the potential of CLMMs. With Kamino, we hope to be paving the way for DeFi’s next explosive period of growth on the Solana DeFi ecosystem.”

Instead of the usual CLMM NFT, Kamino will provide LPs with a fungible LP token as a receipt of deposit. This LP token can be used as collateral to borrow USDH, Hubble’s censorship-resistant stablecoin, which can then be used to transact or earn further yield in Solana DeFi.

Hubble will build the first Kamino vaults on top of Orca’s concentrated liquidity whirlpools. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future.

Milan Patel, Head of Business Development at Orca, says: “By building upon Whirlpools, Hubble has created a simple way for liquidity providers to access the benefits of concentrated liquidity without continuous rebalancing. Hubble’s Kamino project demonstrates how concentrated liquidity on Orca can be easily harnessed by all users and protocols.”

About Hubble Protocol

Hubble Protocol enables the Solana DeFi community to borrow USDH, a censorship-resistant and crypto-backed stablecoin. By depositing a range of bluechip crypto tokens such as SOL, BTC, ETH, liquid staking tokens like mSOL, stSOL, and daoSOL, and a growing number of assets, users can mint USDH at up to an 80% LTV.

USDH can be used on multiple protocols across the Solana DeFi ecosystem to transact and earn yield. The Hubble team is completing a roadmap that includes improvements to the current USDH borrowing platform as well as the launch of new products and services, like Kamino, that bring real and long-term value to DeFi.

About Kamino Finance

Kamino Finance is an automated market-making solution built on DEXs powered by concentrated liquidity. The protocol optimizes CLMM liquidity by leveraging the superior speed and cost of Solana to rebalance positions and auto-compound fees plus rewards on behalf of users.

As an automated product guided by quantitative analysis and modeling, Kamino seeks to provide users with a market-making tool that requires little to no expertise for participation. LPs can “set it and forget it” to maximize their earned fees and minimize IL when providing liquidity via Kamino.

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. LONDON, August 24, 2022 – Standing at the forefront of culture and blockchain technology, LTD.INC, a highly curated platform that partners with iconic artists, creators and brands to launch ultra-rare physical + digital NFT collections and experiences, today announced their partnership with the Chi Modu Estate by launching a new collection featuring three of the late photographer’s iconic images of ’90s hip hop royalty – Mary J. Blige, Method Man and Nas. The collection includes NFC-infused prints and digital NFTs that will give collectors instant authentication – retrieved using the platform’s proprietary NFC scanning app and technology – and access to exclusive digital content and communities.

Along with bringing more of Modu’s work to web3, LTD.INC will use the collection to showcase how the blockchain can support traditional artists by allowing the estate to generate revenue streams and royalties through secondary sales.

“We’re extremely excited to share original Chi Modu photographs with the world with physical and digital products that will both exist on the blockchain,” said Daryl Kelly, CEO of LTD.INC. “By leveraging smart contract technology, we’re giving artists back ownership over their work during its lifespan and, most importantly, creating equity for creators in an imbalanced financial ecosystem.”

The collection consists of one image each (three total) of Mary J. Blige, Method Man and Nas that will generate seven NFC-infused prints and 77 digital NFTs of each image, as an homage to Modu’s lucky number seven. The prints are accompanied by a digital twin to provide proof of ownership on the blockchain as well as access to exclusive digital communities, evolving how artists can communicate with fans by engaging them wherever they are.

“Chi Modu believed art should be accessible to everyone, and he owned the rights to his work so he could continue to share it with the communities that inspired him and his subjects,” said Sophia Modu, Manager of the Chi Modu Estate. “Our innovative collection with LTD.INC empowers creators and collectors alike by not only making Chi’s work accessible to everyone in a way that guarantees fans own an authentic piece of his work, but also allows us to stay involved and receive revenue through secondary sales. We’re able to further cement Chi’s belief in making art accessible for all.”

A portion of the proceeds will go toward the Chi Modu Foundation, which aims to provide classes and mentorship opportunities for kids and young adults in the arts. The collection will be available for initial purchase at ltd.inc. Follow LTD.INC on Twitter and Instagram for the drop date and further updates.

About LTD, INC.

LTD.INC is a highly curated platform that partners with iconic artists, creators and brands to launch ultra-rare physical + digital NFT collections and experiences via the Ethereum blockchain and NFT technology. Established in London in 2020, LTD.INC’s drops are designed to exist in real life, on the blockchain and in the metaverse bridging the gap between the physical and virtual economies across the worlds of art, design, fashion, lifestyle, luxury, music and sport. LTD.INC’s mobile app and scanning technology allows its collectors instant authentication and access to exclusive content and experiences and enables creators to manage and monetize distribution of their IP through the secondary market. For more information, please visit ltd.inc. Invest In Culture.

About Chi Modu

Chi Modu was a visionary photographer whose images defined the ‘90s hip hop movement, developing relationships with and capturing iconic moments of then-budding musicians including Tupac Shakur, Notorious B.I.G., Mary J. Blige and LL Cool J. His ability to portray artists as real people rather than one-dimensional celebrities allowed him to capture some of the most memorable images of that era, including “Tupac Smoking” and “Biggie WTC.” Chi’s mission was to make his art inclusive and accessible by bringing it directly to the people. The Chi Modu Estate supports the Chi Modu Foundation, which aims to provide classes and mentorship opportunities for kids and young adults in the arts. For more information, please visit chimodu.com.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

PRESS RELEASE. LONDON, August 24, 2022 – Standing at the forefront of culture and blockchain technology, LTD.INC, a highly curated platform that partners with iconic artists, creators and brands to launch ultra-rare physical + digital NFT collections and experiences, today announced their partnership with the Chi Modu Estate by launching a new collection featuring three of the late photographer’s iconic images of ’90s hip hop royalty – Mary J. Blige, Method Man and Nas. The collection includes NFC-infused prints and digital NFTs that will give collectors instant authentication – retrieved using the platform’s proprietary NFC scanning app and technology – and access to exclusive digital content and communities.

Along with bringing more of Modu’s work to web3, LTD.INC will use the collection to showcase how the blockchain can support traditional artists by allowing the estate to generate revenue streams and royalties through secondary sales.

“We’re extremely excited to share original Chi Modu photographs with the world with physical and digital products that will both exist on the blockchain,” said Daryl Kelly, CEO of LTD.INC. “By leveraging smart contract technology, we’re giving artists back ownership over their work during its lifespan and, most importantly, creating equity for creators in an imbalanced financial ecosystem.”

The collection consists of one image each (three total) of Mary J. Blige, Method Man and Nas that will generate seven NFC-infused prints and 77 digital NFTs of each image, as an homage to Modu’s lucky number seven. The prints are accompanied by a digital twin to provide proof of ownership on the blockchain as well as access to exclusive digital communities, evolving how artists can communicate with fans by engaging them wherever they are.

“Chi Modu believed art should be accessible to everyone, and he owned the rights to his work so he could continue to share it with the communities that inspired him and his subjects,” said Sophia Modu, Manager of the Chi Modu Estate. “Our innovative collection with LTD.INC empowers creators and collectors alike by not only making Chi’s work accessible to everyone in a way that guarantees fans own an authentic piece of his work, but also allows us to stay involved and receive revenue through secondary sales. We’re able to further cement Chi’s belief in making art accessible for all.”

A portion of the proceeds will go toward the Chi Modu Foundation, which aims to provide classes and mentorship opportunities for kids and young adults in the arts. The collection will be available for initial purchase at ltd.inc. Follow LTD.INC on Twitter and Instagram for the drop date and further updates.

About LTD, INC.

LTD.INC is a highly curated platform that partners with iconic artists, creators and brands to launch ultra-rare physical + digital NFT collections and experiences via the Ethereum blockchain and NFT technology. Established in London in 2020, LTD.INC’s drops are designed to exist in real life, on the blockchain and in the metaverse bridging the gap between the physical and virtual economies across the worlds of art, design, fashion, lifestyle, luxury, music and sport. LTD.INC’s mobile app and scanning technology allows its collectors instant authentication and access to exclusive content and experiences and enables creators to manage and monetize distribution of their IP through the secondary market. For more information, please visit ltd.inc. Invest In Culture.

About Chi Modu

Chi Modu was a visionary photographer whose images defined the ‘90s hip hop movement, developing relationships with and capturing iconic moments of then-budding musicians including Tupac Shakur, Notorious B.I.G., Mary J. Blige and LL Cool J. His ability to portray artists as real people rather than one-dimensional celebrities allowed him to capture some of the most memorable images of that era, including “Tupac Smoking” and “Biggie WTC.” Chi’s mission was to make his art inclusive and accessible by bringing it directly to the people. The Chi Modu Estate supports the Chi Modu Foundation, which aims to provide classes and mentorship opportunities for kids and young adults in the arts. For more information, please visit chimodu.com.

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

PRESS RELEASE. Jackson, Wyoming (August 29, 2022)Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, will launch on October 31, 2022 as the debut game on Project GYRI, Gala Games’ proprietary games-first blockchain. In anticipation of the launch, starting today Gala is kicking off a limited time sale for its Spider Tanks Planetary Nodes.

Planetary Nodes will be operated by community members who have purchased licenses in this sale. In return for using their computing resources to power the decentralized Spider Tanks ecosystem, Node operator-owners will earn regular rewards. More information about Planetary Nodes can be found at Gala.Games.

Developed by award-winning Netherlands-based GAMEDIA, this futuristic esports tank game is free to play, but also incorporates a variety of play-to-earn mechanics that center around skill-based competition, resource collection, and a player-driven upgrade cycle to earn real rewards. In Spider Tanks, players create their own unique crawly contender by assembling tank bodies and weapons in their garage. Once their “Spider Tank” is complete, it’s on to mech mayhem as the mechanical monsters battle it out in Spider Tanks arena maps.

This esports brawler lets you play with a close group of friends or test your skills in high-stakes competition. Almost 25,000 players participated weekly in a recent public playtest, which resulted in a total of more than 600,000 matches. Fully tradable and upgradeable weapons, tanks and bodies can be found in the Spider Tanks store.

“Yet again we are ushering in new firsts in gaming as we get set to launch the first Web PvP esports brawler with earnings. Both players who play for free and those who choose to make purchases can be rewarded for their efforts,” said John Osvald, President of Games at Gala Games. “The launch of this game, coupled with that of our own blockchain, is further cementing our commitment to empowering gamers through ownership.”

Gala Games has recently released information on new game features including:

About GAMEDIA

GAMEDIA is an award-winning game studio from the Netherlands with an extensive track record and history. The long list of games they have developed are mostly based on well-known entertainment IP’s and have seen the light on a wide range of platforms and hardware. Currently they are focused on creating their own high quality multiplayer games for PC and consoles, as well as mobile.

About Gala Games

Gala Games is a pioneer in Web3 games that uses decentralization, player ownership and reward economies to create a revolutionary new way of gaming. With dozens of games on the horizon and several already in various stages of presale or beta play, Gala is quickly becoming the world leaders in own-your-experience gaming. Learn more at Gala.Games.

For more information please visit

Gala.Games

Join the conversation Discord @ GalaGames.Chat

@GoGalaGames

#GoGalaGames

Media Contacts:

Gala Games:

Susan Lusty: Susan@susanlustycomm.com 415-269-0226

Lori Mezoff: LoriMezoff@gmail.com 201-637-2895

 

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

PRESS RELEASE. Jackson, Wyoming (August 29, 2022)Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, will launch on October 31, 2022 as the debut game on Project GYRI, Gala Games’ proprietary games-first blockchain. In anticipation of the launch, starting today Gala is kicking off a limited time sale for its Spider Tanks Planetary Nodes.

Planetary Nodes will be operated by community members who have purchased licenses in this sale. In return for using their computing resources to power the decentralized Spider Tanks ecosystem, Node operator-owners will earn regular rewards. More information about Planetary Nodes can be found at Gala.Games.

Developed by award-winning Netherlands-based GAMEDIA, this futuristic esports tank game is free to play, but also incorporates a variety of play-to-earn mechanics that center around skill-based competition, resource collection, and a player-driven upgrade cycle to earn real rewards. In Spider Tanks, players create their own unique crawly contender by assembling tank bodies and weapons in their garage. Once their “Spider Tank” is complete, it’s on to mech mayhem as the mechanical monsters battle it out in Spider Tanks arena maps.

This esports brawler lets you play with a close group of friends or test your skills in high-stakes competition. Almost 25,000 players participated weekly in a recent public playtest, which resulted in a total of more than 600,000 matches. Fully tradable and upgradeable weapons, tanks and bodies can be found in the Spider Tanks store.

“Yet again we are ushering in new firsts in gaming as we get set to launch the first Web PvP esports brawler with earnings. Both players who play for free and those who choose to make purchases can be rewarded for their efforts,” said John Osvald, President of Games at Gala Games. “The launch of this game, coupled with that of our own blockchain, is further cementing our commitment to empowering gamers through ownership.”

Gala Games has recently released information on new game features including:

About GAMEDIA

GAMEDIA is an award-winning game studio from the Netherlands with an extensive track record and history. The long list of games they have developed are mostly based on well-known entertainment IP’s and have seen the light on a wide range of platforms and hardware. Currently they are focused on creating their own high quality multiplayer games for PC and consoles, as well as mobile.

About Gala Games

Gala Games is a pioneer in Web3 games that uses decentralization, player ownership and reward economies to create a revolutionary new way of gaming. With dozens of games on the horizon and several already in various stages of presale or beta play, Gala is quickly becoming the world leaders in own-your-experience gaming. Learn more at Gala.Games.

For more information please visit

Gala.Games

Join the conversation Discord @ GalaGames.Chat

@GoGalaGames

#GoGalaGames

Media Contacts:

Gala Games:

Susan Lusty: Susan@susanlustycomm.com 415-269-0226

Lori Mezoff: LoriMezoff@gmail.com 201-637-2895

 

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the point of having a currency if you can’t use it?” While many projects are trying to establish utility for their tokens outside the world of blockchain, not many companies use or accept them. That is about to change.

Fabio, the co-founder of FixxFi, had a career in finance, trading currency and Forex before taking over his family’s successful auto-repair business in Torino. He quickly discovered that customers increasingly had difficulty paying for their auto repairs. This put a squeeze on the business as customers would negotiate prices, ask for payment plans, or just not do the repair. It was through his repair business that he met his co-founder, serial tech entrepreneur Andrew, and FixxFi was created.

Repairs are an inevitable part of life. Auto and home repair needs are an all-too common occurrence, but not everyone’s budget allows for these often costly events. Repairs can have a destabilizing effect on household cash flow, and research shows it does not just affect low-income earners.

Current financial products are lacking and burdened with outdated, inflexible options. As a result, repair businesses are often forced to take up the slack with discounts or sub-par fixes.

Fast forward to today, FixxFi has developed an innovative Fintech platform that provides embedded finance solutions for the independent auto and home repair industries. Funding for unexpected repairs will happen with a quick approval process that occurs right at the repair facility using off-chain and on-chain technology.

The FixxFi app has a seamless experience for both customers and business partners. By partnering with independent repair businesses, customers will be introduced to the FixxFi app at the point of service. Repair partners can now offer simple, embedded financing solutions to support their clients and help them manage that unexpected expense. After a fast, one-time approval process, the customer now has an immediate solution to pay.

FixxFi offers customers a credit line that is replenishable with each payment. This creates a highly scalable business model as customers will have a line of credit ready for their next unexpected repair. In addition, businesses that choose to partner with FixxFi will have a dedicated customer base that prefers to use companies that accept the line of credit. The customer retention system is enhanced by the app’s options to locate and schedule with an approved repair partner.

A common question is, “Why not just use a credit card?” The difficulty is that credit cards only delay payment by a month and are subject to having available credit or high-limits. Customers want alternatives! With FixxFi, customers can tailor their payment options. Through FixxFi’s in-app calculator, customers choose the amount of their fund that they want to use and the duration in months from 1-60 they want to spread the schedule over. In this new competitive world of finance, traditional methods like credit cards with limited payment options do not offer the flexibility needed in every scenario.

The strong independent repair sectors in the UK and Italy make these areas the target markets with the greatest demand for initial stages. Extensive market research using the Ibis World Vehicle Repair and Maintenance reports for Italy and the UK shows that the total available market (TAM) of the independent repair market in 2021 was €57.5 billion. Fixxfi plans to seize the opportunity to chip away at the problem by using the latest technologies available.

Built on the Elrond Network, FixxFi offers a native cryptocurrency, the FIXX token. The app has the unique ability to onboard more users into crypto while solving some of their regular life problems. Customers will also receive crypto rewards for on-time repayments, discounts for being holders, and for referring other customers. Partners will be rewarded for referrals and receive rebates in $FIXX for achieving loan value targets.

The ability to pay bills with crypto is just the first perk in a long line of Fintech options. FixxFi will issue a native corporate stablecoin backed 1:1 with fiat and FixxFi’s real-world utility. This practical use of a stablecoin has the potential to set a new precedent. It also answers the other main argument for using crypto for payments because the currency is stable and doesn’t fluctuate with the market. Investors can also participate in the lending marketplace, directly financing those looking for a line of credit or participating in the staking and farming options.

An NFT will also be issued to early investors that offers a modern take on the traditional dividend. Benchmarked against a percentage of company profits, holders can stake their NFT to earn more FIXX.

As more solutions like FixxFi enter the market, the future of crypto becomes more clear. Alternative financing and lines of credit are potentially the first steps in seeing crypto-related options in a host of businesses and rewards programs.

PR Contact:

andrew.dunne@fixxfi.com
+353864555678

https://twitter.com/FixxToken

https://fixxfi.com

https://discord.fixxfi.com

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the point of having a currency if you can’t use it?” While many projects are trying to establish utility for their tokens outside the world of blockchain, not many companies use or accept them. That is about to change.

Fabio, the co-founder of FixxFi, had a career in finance, trading currency and Forex before taking over his family’s successful auto-repair business in Torino. He quickly discovered that customers increasingly had difficulty paying for their auto repairs. This put a squeeze on the business as customers would negotiate prices, ask for payment plans, or just not do the repair. It was through his repair business that he met his co-founder, serial tech entrepreneur Andrew, and FixxFi was created.

Repairs are an inevitable part of life. Auto and home repair needs are an all-too common occurrence, but not everyone’s budget allows for these often costly events. Repairs can have a destabilizing effect on household cash flow, and research shows it does not just affect low-income earners.

Current financial products are lacking and burdened with outdated, inflexible options. As a result, repair businesses are often forced to take up the slack with discounts or sub-par fixes.

Fast forward to today, FixxFi has developed an innovative Fintech platform that provides embedded finance solutions for the independent auto and home repair industries. Funding for unexpected repairs will happen with a quick approval process that occurs right at the repair facility using off-chain and on-chain technology.

The FixxFi app has a seamless experience for both customers and business partners. By partnering with independent repair businesses, customers will be introduced to the FixxFi app at the point of service. Repair partners can now offer simple, embedded financing solutions to support their clients and help them manage that unexpected expense. After a fast, one-time approval process, the customer now has an immediate solution to pay.

FixxFi offers customers a credit line that is replenishable with each payment. This creates a highly scalable business model as customers will have a line of credit ready for their next unexpected repair. In addition, businesses that choose to partner with FixxFi will have a dedicated customer base that prefers to use companies that accept the line of credit. The customer retention system is enhanced by the app’s options to locate and schedule with an approved repair partner.

A common question is, “Why not just use a credit card?” The difficulty is that credit cards only delay payment by a month and are subject to having available credit or high-limits. Customers want alternatives! With FixxFi, customers can tailor their payment options. Through FixxFi’s in-app calculator, customers choose the amount of their fund that they want to use and the duration in months from 1-60 they want to spread the schedule over. In this new competitive world of finance, traditional methods like credit cards with limited payment options do not offer the flexibility needed in every scenario.

The strong independent repair sectors in the UK and Italy make these areas the target markets with the greatest demand for initial stages. Extensive market research using the Ibis World Vehicle Repair and Maintenance reports for Italy and the UK shows that the total available market (TAM) of the independent repair market in 2021 was €57.5 billion. Fixxfi plans to seize the opportunity to chip away at the problem by using the latest technologies available.

Built on the Elrond Network, FixxFi offers a native cryptocurrency, the FIXX token. The app has the unique ability to onboard more users into crypto while solving some of their regular life problems. Customers will also receive crypto rewards for on-time repayments, discounts for being holders, and for referring other customers. Partners will be rewarded for referrals and receive rebates in $FIXX for achieving loan value targets.

The ability to pay bills with crypto is just the first perk in a long line of Fintech options. FixxFi will issue a native corporate stablecoin backed 1:1 with fiat and FixxFi’s real-world utility. This practical use of a stablecoin has the potential to set a new precedent. It also answers the other main argument for using crypto for payments because the currency is stable and doesn’t fluctuate with the market. Investors can also participate in the lending marketplace, directly financing those looking for a line of credit or participating in the staking and farming options.

An NFT will also be issued to early investors that offers a modern take on the traditional dividend. Benchmarked against a percentage of company profits, holders can stake their NFT to earn more FIXX.

As more solutions like FixxFi enter the market, the future of crypto becomes more clear. Alternative financing and lines of credit are potentially the first steps in seeing crypto-related options in a host of businesses and rewards programs.

PR Contact:

andrew.dunne@fixxfi.com
+353864555678

https://twitter.com/FixxToken

https://fixxfi.com

https://discord.fixxfi.com

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

PRESS RELEASE. SINGAPORE / LOS ANGELES (August 24, 2022) Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.

Though Astar supports users who maintain their own collator nodes, it’s still technically out of reach for many individuals and institutions joining its network. Blockdaemon’s suite of products and tools comprise a total ‘node stack’ of blockchain technology empowering any eligible project to access the Astar Network.

As a node infrastructure provider, Blockdaemon will provide Websocket and RPC endpoints to projects wishing to build on the network. Often, it is not feasible for many projects, devs and businesses to build and maintain their own Astar node to access these services. Blockdaemon’s years of node blockchain expertise specifically for the Polkadot ecosystem significantly lowers the barrier to entry for projects building on Astar.

Blockdaemon’s full node support provides a critical on-ramp for Astar dApp developers and institutions. Rather than relying on public infrastructure, which can come under heavy load from many different sources, or facing the ongoing challenges of self-running an Astar node, it is now possible to outsource Astar node requirements to Blockdaemon.

We are excited to integrate with Astar to improve accessibility for developers and institutions. Astar is connecting the Polkadot ecosystem to all major Layer 1 blockchains by building in interoperability for a multi-chain future. Combining Blockdaemon’s institutional-grade infrastructure with Astar’s rich tech stack, we look forward to supporting the health of the network and providing a critical on-ramp for Astar dApp developers,” said Cecilia Feng, Strategic Protocol Research Lead at Blockdaemon.

We are very excited to have a partnership with Blockdeamon. This partnership allows us to make a more reliable and robust network and explore new use cases like DOT liquid staking,” said Sota Watanabe, founder and CEO of Astar Network. “Together with Blockdeamon and infra partners, we will do our best to provide developers with the best experience.“

Collators maintain parachains by collecting parachain transactions from users and producing state transition proof for Relay Chain validators. Unlike validators, collator nodes do not secure the network. If a parachain block is invalid, it will get rejected by validators.

More users will strengthen the Astar network and play a crucial role in block production, collecting transactions, and producing state transition proofs for Relay Chain validators.

Blockdaemon is the largest independent blockchain infrastructure platform connecting institutions and developers to leading networks. Founded in 2017, Blockdaemon runs over 50,000 nodes on behalf of its more than 200 institutional customers—including exchanges, custodians, liquidity providers, and neobanks—and supports 55+ blockchain networks such as Polkadot, Kusama, Bitcoin, Ethereum, Solana, and Avalanche.

As Astar builds the future of smart contracts for multichain, it’s keen to attract developers and institutional interests. Besides enabling new users and businesses to join Astar, Blockdaemon will collaborate with Astar Network in future hackathons and networking events. Developers building on Astar can deploy their dApps with EVM and WASM smart contracts while offering true interoperability and cross-consensus messaging (XCM).

About Astar Network

Astar Network is The Future of Smart Contracts for Multichain. Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM). We are made by developers and for developers. Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.

Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.

Website | Twitter | Discord | Telegram | GitHub | Reddit

About Blockdaemon

Blockdaemon is the leading blockchain node infrastructure to stake, scale, and deploy nodes with institutional-grade security and monitoring. Supporting 50+ cutting edge blockchain networks in the cloud and on bare metal servers globally, Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains.

We power the blockchain economy by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, high availability clusters, auto-decentralization and auto-healing of nodes. For more information, please visit https://blockdaemon.com/.

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. SINGAPORE / LOS ANGELES (August 24, 2022) Astar Network, the innovation hub on Polkadot, is thrilled to announce that it has integrated Blockdaemon, the world’s largest institutional-grade blockchain infrastructure company for node management and staking, as a collator. The partnership will enable Blockdaemon’s institutional and individual users to start their own collator nodes with Astar Network.

Though Astar supports users who maintain their own collator nodes, it’s still technically out of reach for many individuals and institutions joining its network. Blockdaemon’s suite of products and tools comprise a total ‘node stack’ of blockchain technology empowering any eligible project to access the Astar Network.

As a node infrastructure provider, Blockdaemon will provide Websocket and RPC endpoints to projects wishing to build on the network. Often, it is not feasible for many projects, devs and businesses to build and maintain their own Astar node to access these services. Blockdaemon’s years of node blockchain expertise specifically for the Polkadot ecosystem significantly lowers the barrier to entry for projects building on Astar.

Blockdaemon’s full node support provides a critical on-ramp for Astar dApp developers and institutions. Rather than relying on public infrastructure, which can come under heavy load from many different sources, or facing the ongoing challenges of self-running an Astar node, it is now possible to outsource Astar node requirements to Blockdaemon.

We are excited to integrate with Astar to improve accessibility for developers and institutions. Astar is connecting the Polkadot ecosystem to all major Layer 1 blockchains by building in interoperability for a multi-chain future. Combining Blockdaemon’s institutional-grade infrastructure with Astar’s rich tech stack, we look forward to supporting the health of the network and providing a critical on-ramp for Astar dApp developers,” said Cecilia Feng, Strategic Protocol Research Lead at Blockdaemon.

We are very excited to have a partnership with Blockdeamon. This partnership allows us to make a more reliable and robust network and explore new use cases like DOT liquid staking,” said Sota Watanabe, founder and CEO of Astar Network. “Together with Blockdeamon and infra partners, we will do our best to provide developers with the best experience.“

Collators maintain parachains by collecting parachain transactions from users and producing state transition proof for Relay Chain validators. Unlike validators, collator nodes do not secure the network. If a parachain block is invalid, it will get rejected by validators.

More users will strengthen the Astar network and play a crucial role in block production, collecting transactions, and producing state transition proofs for Relay Chain validators.

Blockdaemon is the largest independent blockchain infrastructure platform connecting institutions and developers to leading networks. Founded in 2017, Blockdaemon runs over 50,000 nodes on behalf of its more than 200 institutional customers—including exchanges, custodians, liquidity providers, and neobanks—and supports 55+ blockchain networks such as Polkadot, Kusama, Bitcoin, Ethereum, Solana, and Avalanche.

As Astar builds the future of smart contracts for multichain, it’s keen to attract developers and institutional interests. Besides enabling new users and businesses to join Astar, Blockdaemon will collaborate with Astar Network in future hackathons and networking events. Developers building on Astar can deploy their dApps with EVM and WASM smart contracts while offering true interoperability and cross-consensus messaging (XCM).

About Astar Network

Astar Network is The Future of Smart Contracts for Multichain. Astar Network supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM). We are made by developers and for developers. Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build.

Astar’s vibrant ecosystem has become Polkadot’s leading Parachain globally, supported by all major exchanges and tier 1 VCs. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps. To accelerate growth on Polkadot and Kusama Networks, Astar SpaceLabs offers an Incubation Hub for top TVL dApps.

Website | Twitter | Discord | Telegram | GitHub | Reddit

About Blockdaemon

Blockdaemon is the leading blockchain node infrastructure to stake, scale, and deploy nodes with institutional-grade security and monitoring. Supporting 50+ cutting edge blockchain networks in the cloud and on bare metal servers globally, Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains.

We power the blockchain economy by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, high availability clusters, auto-decentralization and auto-healing of nodes. For more information, please visit https://blockdaemon.com/.

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. Today, Web3 development studio Emergent Games has launched a range of 1,000 limited edition Genesis 0 Cryotag NFTs for massively multiplayer online role-playing game (MMORPG) Resurgence. The NFTs, or non-fungible tokens, are offered exclusively via invite-only free mint and confer access to a private portion of the game’s Discord server, airdrops for future tokens and NFTs, whitelisting for future sales, real-life perks on merchandise, and other benefits that have yet to be revealed.

Resurgence’s first NFT drop offers players a chance to contribute to the central framework of the game. As a core part of the community, members will be able to influence every aspect of the project moving forward, from lore to smart contracts. Cryotags’ utility and purpose will evolve alongside Resurgence’s narrative and are designed to continuously reward early supporters as they embark on their journeys through a post-apocalyptic world.

The Cryotags’ design reflects its practical, in-game functionality. Unlike other NFTs that look cool but don’t necessarily achieve much, we have designed the Cryotags to be upgradable, they have processors, SIM card slots, and USB ports. Countdown clocks on the NFTs constantly remind players that time is running out and were purposefully designed to increase tension. Cryotags will be pivotal for Resurgence moving forward, and their value will increase as the game’s narrative unfolds.

“Today’s first generation Cryotag drop represents a fundamental step in building a community that puts players first,” says Ian Hambleton, CEO of Emergent Games. “We have a vision for Cryotags to transform alongside Resurgence’s narrative, and plan to introduce new functionalities according to what we hear from our earliest supporters.”

He adds: “Gen 0 Cryotag owners will be instrumental throughout the development process. We can’t wait to learn and grow alongside them as this ambitious AAA experience comes to life.”

Players that have missed out on the invite-only mint have a chance to get their hands on a Gen 0 Cryotag via Resurgence’s alternate reality game (ARG) The End, but only for a limited time. Follow Resurgence on Twitter and or join the studio’s Discord channels for updates on Cryotags and other NFTs.

Resurgence’s first generation free mint represents our commitment to building an experience that prioritizes gameplay and community over profit,” adds Andy Frangos, Co-founder of Emergent Games. “Cryotags will become unique identifiers as the world of Resurgence takes shape through exciting new projects slated to launch in the near future.”

As part of Resurgence’s world-building phase, The End is an interactive ‘story-living’ experience that introduces key characters, places and politics. Set in the near future when humanity has lost its battle against climate change, The End gives players a chance to witness how extreme crises unravel and culminate in the dystopian world of Resurgence.

In The End, players have a meaningful role in Resurgence’s narrative via active digital channels, including websites and social media platforms. They can investigate mysteries, share information and earn rewards that have real in-game value.

Revelation, a hacker sim, and Priority One, a single player survival horror game, are both slated to launch in 2023. The Thaw, a multiplayer survival game, will launch in 2024. The Thaw will eventually become Resurgence, and its first MMO content will be called The Infernal Frontier. The Resurgence franchise is planned to last well into 2025 and beyond.

Play The End today for your last chance at Resurgence’s Gen 0 Cryotag NFTs. For updates regarding current and future mints, register for the Resurgence email newsletter via our website: https://www.resurgence-game.io/

Subscribe to our social channels for more details about opportunities to win NFTs, and join our growing Resurgence community for the latest updates.

About Emergent Games

Emergent Games is a leading metaverse and blockchain games studio that brings together industry veterans from PlayStation, Activision and NCsoft, with blockchain technologists from Pluto Labs. Jargon-free, pick-up-and-play, with true AAA production values, our games will offer the option to play just for fun, or allow players to engage with NFT elements and earn real money.

With an experienced team of over 40 people, we have developed and published numerous titles and we understand what it takes to make great games. We intend to be a leading force for good in Web3 gaming.

Visit https://www.emergent-games.io/ for more information.

Twitter: www.twitter.com/resurgencegame
Telegram: https://t.me/resurgencegamechat
Instagram: www.instagram.com/resurgencegame
Facebook: https://www.facebook.com/Resurgencegame/

Reddit: https://www.reddit.com/r/resurgence_game/
Discord: https://discord.gg/Resurgencegame

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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

Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'

Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.

Source From : News

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