#Solana Blockchain gaming

[dogonsol]

@dogonsol 🤣🐶

[qortrola]

Exciting News: Blog 6 Coming Soon!

Hey, gamers and tech enthusiasts! 🎮✨

We are thrilled to announce that Blog 6: "Delving into the Core Components of the QorTrola Gaming Ecosystem: Privacy, Security, and Beyond" will be published later today! 🚀 And available to read on my blog site @

In this blog, we’ll explore:

Privacy and Security: How we ensure your data stays safe.

Incentivizing Fair Play: The innovative reward systems we’re implementing.

DePIN Technology: Bridging Web2 and Web3 gaming for a seamless experience.

Implementation Plan: Our step-by-step journey from concept to reality.

Real-World Applications: Practical use cases that showcase our vision.

Market Insights: Understanding the gaming and blockchain landscape.

Stay tuned for in-depth insights and groundbreaking information on how QorTrola Gaming plans to revolutionize the gaming world with cutting-edge technology and innovative approaches. 🔒💡🌐🎮

Don't miss out! Follow us and be part of this exciting journey. Your feedback and support are invaluable as we move from concept to reality. ⏰

See you soon in Blog 6!

[debottstudio]

References : VISUAL

Source :  Dima Goryainov

[ultragamerz]

Solana's Genopets: Move-to-Earn Meets Tamagotchi in the Solana Ecosystem

New Post has been published on https://www.ultragamerz.com/solanas-genopets-move-to-earn-meets-tamagotchi-in-the-solana-ecosystem/

Solana's Genopets: Move-to-Earn Meets Tamagotchi in the Solana Ecosystem

Genopets: Move-to-Earn Meets Tamagotchi in the Solana Ecosystem

In the realm of cryptocurrency and blockchain technology, innovation often intersects with gamification, creating unique experiences that blur the lines between play and earn. Among these rising stars, Genopets shines bright, offering a captivating “move-to-earn” adventure that blends nostalgia with cutting-edge blockchain mechanics.

Keywords: $GENE token, habitat system, augments, crystals, land-based gameplay, guild system, Discord, Telegram, Twitter, Move2Earn, fitness motivation, blockchain gaming, fitness and wellness, NFT ownership, Genopet evolution, Genoverse exploration

So, what exactly is Genopets?

Imagine Tamagotchi, the iconic virtual pet of the 90s, reimagined for the modern era. This time, your pet evolves and thrives based on your own physical activity. Built on the Solana blockchain, Genopets gamifies your fitness journey, rewarding you with tokens for walking, running, or engaging in other active pursuits. As you move, your Genopet, a unique and adorable creature, levels up, acquires new skills, and unlocks exciting possibilities within the game’s vibrant ecosystem.

Unpacking the Genopets Universe:

Ecosystem: Solana

Focus: Move-to-earn gaming, fitness motivation, community building

Industry: Blockchain gaming, fitness and wellness

How does it work?

Hatch Your Genopet: Choose from an array of unique Genopet types, each with distinct characteristics and potential.

Move to Earn: Track your daily steps using the Genopets mobile app. Every step fuels your Genopet’s growth and earns you $GENE tokens, the game’s native currency.

Nurture and Evolve: Use $GENE tokens to feed, train, and customize your Genopet, unlocking new abilities and boosting its earning potential.

Explore the Genoverse: Participate in exciting adventures, battles, and quests with other players, expanding your reach and earning even more rewards.

More than just a game:

Genopets goes beyond gamifying fitness. It fosters a passionate community driven by shared goals and healthy competition. Its tokenomics incentivize long-term engagement and reward active participation, contributing to a sustainable and vibrant ecosystem.

Beyond the basics:

NFT Ownership: Each Genopet is a unique NFT, granting you ownership and the ability to trade it on marketplaces.

Habitat System: Craft customizable habitats for your Genopet, further enhancing its growth and earning potential.

Augments and Crystals: Equip your Genopet with special items to personalize its appearance and boost its skills.

Looking ahead:

The Genopets team is constantly expanding the game’s features and functionalities, including:

Social features: Deeper interaction and collaboration between players.

Land-based gameplay: Integration with real-world locations for added immersion.

Guild system: Collaborative gameplay and community building.

Ready to move and earn with Genopets?

Visit the official website: [https://genopets.me/]

Join the vibrant Genopets community:

Twitter: [https://twitter.com/genopets]

Disclaimer: Cryptocurrencies and NFTs involve inherent risks. Always conduct thorough research and understand the underlying technology before investing. This article is for informational purposes only and does not constitute financial advice.

[lejel-labs-global]

Tren dan Peluang: Mengidentifikasi Potensi Keuntungan dalam Pembelian Kripto

Dunia investasi terus berubah, dan salah satu tren yang semakin mendominasi panggung global adalah investasi dalam mata uang kripto. Seiring dengan berkembangnya teknologi blockchain, banyak investor dan pelaku pasar mulai melirik potensi keuntungan yang dapat ditemukan dalam pembelian aset kripto. Artikel ini akan membahas tren terkini dan peluang yang perlu diperhatikan ketika mempertimbangkan investasi dalam mata uang digital.

Tren Terkini dalam Dunia Kripto

1. DeFi (Keuangan Terdesentralisasi):

Keuangan terdesentralisasi telah menjadi tren utama dalam ekosistem kripto. Proyek-proyek DeFi menyediakan layanan keuangan tanpa perlu melibatkan pihak ketiga, seperti bank atau lembaga keuangan tradisional. Ini mencakup pinjaman dan peminjaman aset kripto, yield farming, dan pertukaran terdesentralisasi.

2. NFT (Token Non-Fungible):

Token non-fungible, atau NFT, telah menciptakan gelombang kehadiran dalam industri seni digital, game, dan hiburan. NFT memungkinkan pembuktian kepemilikan unik atas aset digital dan menciptakan peluang baru bagi seniman dan pencipta konten.

3. Ekosistem Solana dan Binance Smart Chain:

Selain Ethereum, ekosistem blockchain seperti Solana dan Binance Smart Chain semakin mendapatkan perhatian. Kedua platform ini menawarkan biaya transaksi yang lebih rendah dan kecepatan yang lebih tinggi, menjadikannya alternatif menarik untuk pengembangan dan pertumbuhan proyek-proyek kripto.

Peluang Investasi yang Perlu Diperhatikan

1. Diversifikasi Portofolio:

Seiring dengan pertumbuhan ragam proyek dan aset kripto, diversifikasi portofolio menjadi lebih penting. Investor dapat mempertimbangkan menyimpan berbagai aset digital untuk mengurangi risiko dan meningkatkan potensi keuntungan.

2. Pemahaman Teknologi Blockchain:   

Pemahaman yang kuat tentang teknologi blockchain menjadi kunci. Investor yang dapat mengidentifikasi proyek-proyek dengan teknologi yang solid dan konsep yang inovatif cenderung lebih baik dalam memilih investasi yang berpotensi memberikan hasil positif.

3. Memahami Risiko dan Volatilitas:

Kripto masih merupakan pasar yang relatif muda dan dapat mengalami volatilitas tinggi. Penting bagi investor untuk memahami risiko yang terlibat dan memiliki strategi manajemen risiko yang jelas.

Kesimpulan

Investasi dalam mata uang kripto menawarkan peluang besar bagi mereka yang dapat mengidentifikasi tren dan peluang yang muncul. Dengan memahami tren seperti DeFi dan NFT, serta dengan melibatkan diri dalam ekosistem blockchain yang berkembang, investor dapat memaksimalkan potensi keuntungan mereka. Namun, penting untuk tetap berhati-hati, melakukan riset yang mendalam, dan memahami risiko yang terkait dengan investasi kripto. Dengan pendekatan yang bijak, investasi kripto dapat menjadi bagian yang menarik dan berpotensi menguntungkan dari strategi investasi keseluruhan.

[tokenlauncher]

Which Blockchain Should You Choose: Solana or Ethereum for Your Token?

When it comes to launching your own cryptocurrency token, the choice of blockchain is crucial. The two most popular options for token creation are Solana and Ethereum, each with their unique strengths and capabilities. While Ethereum has long been the go-to blockchain for developers and projects, Solana has emerged as a strong competitor with its focus on speed, scalability, and low transaction fees. In this blog, we’ll compare Solana and Ethereum, focusing on why Solana might be the better choice for your token, especially when using tools like the Solana token creator, instant token creator, and revoke mint authority tool.

Why Blockchain Choice Matters for Token Creation

Choosing the right blockchain is one of the most critical decisions you’ll make when launching a token. It impacts the speed, cost, scalability, and even the potential success of your token. Both Solana and Ethereum are popular choices, but the differences between them can significantly affect your project.

Ethereum is the older, more established blockchain, known for its smart contract functionality. However, Ethereum has been facing challenges with network congestion and high gas fees, which can be prohibitive for smaller projects or high-frequency transactions.

Solana, on the other hand, offers a faster and more cost-effective solution, making it an ideal option for creators looking to scale quickly and minimize fees. Let’s take a closer look at the key features of both blockchains and why Solana might be the better choice.

Ethereum: The Long-Standing King

Ethereum is the second-largest cryptocurrency by market capitalization and has been a popular choice for decentralized applications (dApps) and token creation. It supports the widely-used ERC-20 and ERC-721 token standards, which have become industry benchmarks for fungible and non-fungible tokens (NFTs).

Strengths of Ethereum:

Established Ecosystem: Ethereum has a vast ecosystem of developers, tools, and decentralized applications, making it a reliable choice for many projects.

Smart Contracts: Ethereum pioneered smart contracts, allowing developers to build complex applications that run on its blockchain.

Security: As one of the most secure blockchains, Ethereum is backed by thousands of nodes worldwide, ensuring decentralization and robustness.

However, Ethereum is not without its drawbacks.

Weaknesses of Ethereum:

High Gas Fees: Ethereum’s transaction fees, known as gas fees, can be extremely high during peak times, making it costly for token transfers and smart contract executions.

Scalability Issues: Ethereum can only handle around 15 transactions per second, which often leads to network congestion and slow transaction times.

Transition to Ethereum 2.0: While Ethereum is working on transitioning to a Proof-of-Stake (PoS) system with Ethereum 2.0, the current Proof-of-Work (PoW) model is slower and less efficient than Solana’s model.

Solana: The Fast and Scalable Contender

Solana is quickly gaining traction as a go-to blockchain for token creation and decentralized applications. Known for its high throughput and low fees, Solana offers significant advantages over Ethereum, especially for projects requiring fast transaction speeds and scalability.

Strengths of Solana:

High-Speed Transactions: Solana can handle up to 65,000 transactions per second (TPS), compared to Ethereum’s 15 TPS. This makes it an ideal choice for projects that require high throughput, such as decentralized finance (DeFi) platforms or gaming tokens.

Low Fees: Transaction costs on Solana are typically less than a fraction of a cent, making it much more affordable than Ethereum, especially for projects with frequent transactions.

Solana Token Creator: The Solana token creator is a user-friendly tool that allows anyone to create their own token without the need for extensive coding knowledge. This feature simplifies the token creation process, enabling projects to launch tokens quickly and efficiently.

Instant Token Creator: With the instant token creator, users can mint tokens in minutes, further reducing the time and cost involved in token generation.

Revoke Mint Authority Tool: Solana offers a unique revoke mint authority tool, which allows creators to remove the minting privileges after creating the token. This ensures that no more tokens can be minted in the future, preventing inflation and protecting the token’s value.

Scalability: Solana’s architecture is designed for scalability, making it an ideal platform for growing projects that anticipate high transaction volumes.

Weaknesses of Solana:

Less Established Ecosystem: While Solana’s ecosystem is growing rapidly, it is still smaller than Ethereum’s.

Fewer Developers: Ethereum has a larger developer community, which means there are more tools and resources available for Ethereum projects. However, Solana is catching up quickly.

Why Solana Is Better for Token Creation

While Ethereum has its merits, Solana stands out as a better choice for token creation, particularly for projects focused on speed, scalability, and cost-efficiency. Here’s why:

Lower Transaction Costs: Solana’s low transaction fees make it an affordable choice, particularly for smaller projects or those requiring frequent token transfers. Ethereum’s high gas fees can be a barrier to entry, especially for new developers and small-scale projects.

Faster Transactions: Solana’s ability to process up to 65,000 transactions per second means your token will operate smoothly, even during high-demand periods. Ethereum’s slower transaction speeds can lead to delays and bottlenecks, especially during times of network congestion.

Instant Token Creation: The instant token creator on Solana allows you to create and launch your token in a matter of minutes, streamlining the entire process. With Ethereum, token creation can be more complex and time-consuming due to high fees and slower speeds.

Revoke Mint Authority: With Solana’s revoke mint authority tool, you can ensure that no more tokens are minted after the initial creation, offering additional security and peace of mind. This feature is particularly useful for projects that want to establish a fixed supply and maintain token scarcity.

Scalability for Growing Projects: As your project grows, you’ll need a blockchain that can handle an increasing number of transactions. Solana’s scalable architecture ensures that your project can grow without experiencing delays or high costs, unlike Ethereum, which struggles with scalability.

Conclusion: Choose Solana for Your Token

When it comes to choosing between Solana and Ethereum for your token, Solana offers several key advantages. With its Solana token creator, instant token creator, and revoke mint authority tool, Solana makes token creation easy, fast, and secure. The combination of low fees, high transaction speeds, and scalability makes Solana an excellent choice for both small and large projects alike. While Ethereum remains a strong platform, Solana’s cutting-edge technology is quickly making it the preferred blockchain for token creation in 2023 and beyond.

If you’re ready to create your own token, Solana provides the tools and infrastructure you need to succeed. Start exploring the Solana token creator today and take advantage of the fastest-growing blockchain in the crypto world.

[capital-ix]

Top 4 Next Gen Crypto in 2024

Dogeverse (DOGEVERSE)

DOGEVERSE, is like a spin-off of Dogecoin, the meme-based cryptocurrency. It's all about creating a fun and decentralized world where people can play games, trade digital items called NFTs, and use different apps. According to the Capitalix CoinBrain calculator, 1 DOGEVERSE is ₹0.000000116508.

2.       Slothana (SLOTH)

Slothana (SLOTH) is a new meme coin based on the Solana blockchain. Slothana launched on May 1, 2024 and has seen a 550% increase since then, with a market cap approaching $100 million.

3.       LightLink (LL)

LightLink is an Ethereum Layer 2 blockchain and enterprises offer users instant, gasless transactions. LightLink price today is $0.06597 USD with a 24-hour trading volume of $119902.28 USD.

4.       Mocaverse (MOCA)

Mocaverse (MOCA) is an NFT collection. The current price floor of Mocaverse is $8,965.10, with 258.93 ETH sold in a 24-hour period. As of right now, 2,004 distinct owners hold 8,888 NFTs, which have a total market value of $79,681,787.

[ailtrahq]

Welcome back to Chain Reaction. subscribe here Annyeong, or hello, friends! While I’m typically based in New York City, this week I’m reporting from Seoul, South Korea for Korea Blockchain Week. The week has been jam-packed with a number of conference events as well as offsite side events and networking happy hours. I’ve listened to a number of panels surrounding topics like web3 gaming, enterprise Blockchain adoption (I moderated one), institutional adoption, regulatory climate and investing in Asia. I also kept busy with a of interviews with local experts on the Market evolving out east as well as people who flew in to meet with startups based in the region. This means I’ll be putting out more articles on TechCrunch based on these conversations in the coming days and weeks…so keep an eye out for that. Meanwhile, there was some News that transpired in the web3 world, so let’s get into it. This week in web3 Crypto funding in August wasn’t as good as the numbers may lead you to believe (TC+) blockchain tech needs a ‘ChatGPT moment’ to scale enterprise adoption (TC+) MetaMask now allows crypto cash-out to PayPal and banks, but fees could be high Gleen’s tech-savvy chatbot for Discord and Slack attracts Solana founder in oversubscribed round The US can’t kill crypto: Real regulations are coming The latest pod For this week’s episode, Jacquelyn interviewed Charlie Shrem, founder of the bitcoin Foundation, general partner at Druid Ventures and host of the Charlie Shrem show. Before all that, he was the co-founder and CEO of BitInstant, which was a bitcoin payment processor that started in 2011. Shortly after founding the company, he was charged with operating an unlicensed money-transmitting business, and for allegedly attempting to launder over $1 million through the now defunct dark web marketplace Silk Road. He spent a little over a year in a low-Security prison as a result. Now, Charlie is a vocal advocate for clearer crypto regulation, he’s a crypto investor, podcaster and even a movie producer. We discussed how the bitcoin and crypto ecosystems have changed (and stayed the same) over the past decade as well as how his incarceration shaped his view on the industry. We also talked about: Need for regulatory clarity in the U.S. Crypto projects and sectors he’s following How the bitcoin ecosystem is growing Friend.tech Advice for listeners Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favorite pod platform to keep up with the latest episodes, and please leave us a review if you like what you hear! Follow the money Story Protocol raised over $54 million in round led by a16z crypto Domain name startup D3 Global raised $5 million in a seed round led by Shima Capital Cross-chain communication protocol Socket raised $5 million from Coinbase Ventures and Frameworks Kotani gets $2 million pre-seed to help African workers send money home via crypto GenTwo raised $15 million in a Series A funding round led by Point72 Ventures What else we’re writing Want to branch out from the world of web3? Here are some articles on TechCrunch that caught our attention this week. Our favorite startups from YC’s Summer 2023 Demo Day, Day 1 (TC+) Clubhouse is trying to make a comeback Tech companies are finding their profitability groove (TC+) Here’s why some investors are sitting out of YC Demo Day (TC+) EU confirms six (mostly US) tech giants are subject to Digital Markets Act

[cryptometaversealerts]

Bitcoin NFTs Bought With Solana: Meerkat Millionaire Country Club’s Gumball Machine

The Meerkat Millionaire Country Club (MMCC) project on Solana is set to revolutionize cryptocurrencies and NFTs. MMCC is the first project on Solana to distribute royalties to its community, making it possible for Solana projects to expand. Additionally, Ordinal Inscriptions on the Bitcoin network have emerged as a way to inscribe digital assets on satoshis, the lowest denomination of BTC. These exciting developments are expected to transform the crypto world, offering new opportunities for growth and innovation.

Key Highlights

MMCC enables the purchase of Bitcoin NFTs using Solana, making it the first project on Solana to distribute royalties to its community. The Gumball Machine, a user-friendly interface, allows users to mint Bitcoin NFTs using Solana and purchase Bitcoin NFTs without spending their BTC holdings.

MMCC plans to release the Gumball Machine tool as a SaaS product, giving other Solana projects the opportunity to grow within the Bitcoin ecosystem using easy and fast tools.

MMCC’s DAO engages the community to collect the best ideas from its diverse, unique holders, allowing the roadmap to evolve continuously in line with this open forum. This approach is expected to revolutionize the crypto world, opening doors for new opportunities and enabling projects to explore new ecosystems.

Solana remains the most exciting space for NFT projects, according to Timon “The OG,” MMCC’s co-founder. MMCC’s incredible artist, SORRISO, innovated Solana PFPs with individually hand-drawn attributes, giving Meerkats broad appeal for the diverse ecosystem.

Ordinal Inscriptions are an exciting development in the Bitcoin network, allowing digital assets to be inscribed on satoshis, the lowest denomination of BTC. Taproot, an upgrade launched on the Bitcoin network on November 14, 2021, enhances privacy while reducing the amount of data needed to make transactions, lowering transaction costs.

MMCC’s groundbreaking approach to distributing royalties to its community is a game-changer in the Solana ecosystem. The Gumball Machine tool allows users to mint Bitcoin NFTs using Solana, making it a simple and fast tool for Solana projects to expand. Moreover, MMCC plans to release the Gumball Machine tool as a SaaS product, offering other Solana projects the opportunity to grow within the Bitcoin ecosystem.

MMCC’s DAO approach allows the community to shape the roadmap continuously, offering an open forum for new ideas and opportunities to explore new ecosystems. MMCC’s unique artist, SORRISO, has innovated Solana PFPs with individually hand-drawn attributes, making Meerkats broadly appealing to the diverse ecosystem. According to Timon “The OG,” Solana remains the most exciting space for NFT projects.

Ordinal Inscriptions are another exciting development in the crypto world. Digital assets can now be inscribed on satoshis, the smallest denomination of BTC. This innovation enhances privacy while reducing transaction costs, as Taproot improves the efficiency of the Bitcoin network. Although Ordinals can be complicated due to the size of the Bitcoin blockchain and the need to use the Command Line (Windows) or Terminal (Mac/Linux), this development offers exciting new opportunities to combine and piece together various elements.

The MMCC project on Solana and Ordinal Inscriptions on the Bitcoin network are exciting developments in the crypto world. They offer new opportunities for growth and innovation, and MMCC’s approach to distributing royalties to its community is a game-changer in the Solana ecosystem. As more projects push the boundaries of what is possible, we can expect to see more exciting developments in the crypto world.

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FAQs

What are BTC ordinals?

Ordinals utilize individual satoshis on the base Bitcoin blockchain to create Bitcoin NFTs by attaching data, such as images or videos, to them. Unlike previous NFTs, ordinal NFTs do not exist on a separate layer from Bitcoin.

What data is in Bitcoin ordinals?

Bitcoin Ordinals refer to “sats” or satoshis that have been arranged and marked with a piece of information, such as text or an image. This unique information transforms the sat into a de-facto NFT. Sats are the smallest unit of Bitcoin, valued at 0.00000001 BTC.

What is 0.00001 BTC called?

The smallest unit of bitcoin, equivalent to 0.00000001 BTC, is called a Satoshi, named after the creator of bitcoin. Bitcoin has eight decimal places.

Who created Bitcoin Ordinals?

Casey Rodarmor, the creator of the Ordinals Protocol, believes that these digital artifacts are a true representation of what NFTs should be. Since their introduction, Ordinals have attracted a large number of new users to the Bitcoin blockchain.

[dogonsol]

How many dogs are there in the image?

[qortrola]

Explore the visionary concept of QorTrola Gaming in our latest blog post. We're on a mission to revolutionize the gaming industry. Discover our forward-thinking approach and join us on this exciting journey!

[debottstudio]

Manifesto DeBott.

Source : Medium.com

Purist = a person who insists on adherence to traditional rules or structure Tourist = a newcomer to the ecosystem

Bottega = the studio of a master artist, in which students learn by participating in his work

A Decentralised Bottega = the studio of different creatives, who eventually master the craft by participating in the work collectively

Defined by a trial-and-error process, DeBott. is a coming-of-age story of Web3, where Tourists and Purists coexist and build together by conceptualizing their interdisciplinary knowledge. The most authentic and pure expression is actually when a work ends up in a space it was not intended for.

Studying architecture, computer science, business and psychology, we have established an atelier to explore the close relation between classic IRL projects and Web3. Paying homage to Andy Warhol’s studio “The Factory”, we want to foster a cohesive group of minds from both inside and outside of the digital world, in order to use our life experience to inform the work and produce a human connection through it.

We have to use our practice to show this framework breaks down barriers.

Web3 created a sort of utopia and we look at it as potential. We believe this medium has no limits and it should not only be utilised for the development of digital spaces. It should also facilitate the creation and growth of all sorts of endeavors and regular businesses by unifying an amorphous and fragmented audience. There are no strict rules.

Given our ethos and our strong belief in Web3’s idealism, we are forming a community in order to create a Decentralised Bottega, a starting point for future collaborative projects, that should support, creatively and financially, any member’s feasible concept.

Given our expertise and our mission to build a vision of how it could be, we are launching our first product and an initial act towards a proper decentralised governance on blockchain, which stand as a metaphor for the studio’s ideology and the foundation of DeBott: Figures of Renaissance, a progressive auto battler and a story-driven card game.

>>>Website<<<

>>>Twitter<<<

>>>Discord<<

[space-outlaw-jin]

unreal engine 5 web-3 gaming on Solana’s blockchain

[bitrss-news]

Google Cloud und Solana Labs arbeiten zusammen an einem Tool, das Spieleentwicklern die Integration von Blockchain-Funktionen erleichtern soll.   Source: BTC-ECHO BTC-ECHO - https://jmpto.net/DFtDL

[govindhtech]

Breakpoint 2024 Solana GameShift On Google Cloud Web3

Solana Breakpoint 2024

Solana GameShift

We are thrilled to inform how Google Cloud, through its partnership with Solana Labs, is influencing the future of gaming as it join the vibrant community at Solana Breakpoint this week.

The core of its collaboration is GameShift, which offers all of the Web3 primitives and actions that games need, including wallets, tokenized assets, and on-chain markets. As of right now, Gameshift’s products are accessible via the Google Cloud Marketplace.

The promise of Web3 in games, how GameShift can assist developers in realizing this potential, the security of utilizing Solana GameShift for Web3, and the current smooth integration between GameShift and Google Cloud with the Google Cloud community.

Google Cloud has been aware of Web3 technologies’ potential for a while now. Its Web3 BigQuery datasets, Blockchain Node Engine product, and Web3 for Startups initiative are some of the ways it supports this ecosystem.

The evolution of gaming on Web3

Games may now reach players through a new channel with an enhanced value proposition thanks to Web3. Games can effortlessly transform their players from clients into collaborators and co-creators with Web3. This is significant because players are becoming more and more aware of how they add value to games and earn money from them.

Through the process of “composability,” or the simplification of interactions between on-chain programs from various suppliers, blockchains facilitate innovative experiences and developer efficiencies. Composability significantly lowers the cost and complexity of delivering real-money gaming services, generating interest on stored value balances, and giving players a choice in payment options and payout schedules in the payments domain. Additionally, compositability makes it possible to include cutting-edge Web3 game development features like global player reputation systems, open modding, and guild management.

Web3 for gaming is simplified with GameShift

Developers of video games can start using Solana GameShift API-first approach without needing any prior blockchain knowledge. The general manager of GameShift, Davis Hart, stated, “Our goal in building Solana GameShift is to leverage the unique capabilities of Web3 and provide a development and player experience as similar to existing services as possible.”

Principal Benefits

With its developer-friendly REST API, Solana GameShift offers every feature related to Web3 gaming. The Solana Labs team provides GameShift clients with growth support, assistance in creating Web3 gaming strategy, and deep access to the Solana ecosystem. This implies that studios may use GameShift with confidence, knowing that it will expand along with them over time, and that they won’t require numerous providers or expert blockchain developers.

GameShift now provides five essential features:

Wallet integration done well

Build wallets right into your game or help users who already have Solana wallets. Players may have a seamless, safe experience with GameShift wallets since they abstract key storage and offer a clear, user-friendly transaction signing flow without forcing them to exit your game environment. Because its wallets are non-custodial, games do not have to keep track of user asset pools.

Game asset management

With specific asset qualities, rarity, and in-game functionality, creating and managing in-game assets on the Solana blockchain is simple. Additionally, it manages asset transfers, which simplifies the implementation of features like gifting and trading in your game economy.

Pay-in and pay-out systems

Use safe, affordable transactions for rewards, subscriptions, and in-game purchases. This API manages transaction processing and currency conversion behind the scenes, supporting payments with both fiat and cryptocurrency. It also makes withdrawals simple, enabling users to return in-game assets to their bank accounts or personal wallets.

Marketplace functionality

Establish and maintain in-game markets with ease, allowing users to exchange, buy, and sell their assets. By managing listings, bids, transactions, and transfers, this API makes sure that the market is safe and effective. Additionally, it offers royalties implementation tools that let you profit from secondary sales even on user-generated material.

Reward schemes

Create and put into place complex reward schemes utilizing blockchain technology. With the help of this API, you can develop achievement- or token-based loyalty programs that give players real benefits. It uses custom logic to manage program enrollment, tracking, and prize distribution, giving you creative ways to encourage player involvement and retention.

Lowering Web3’s hazards in gaming

“Given the history of hacks and scams in Web3, developers are rightfully concerned about player safety,” stated Hart. But these issues can be raised to the level that developers regularly address in their off-chain systems with the help of game designers and appropriate security protocols.

The secret to GameShift’s approach is its non-custodial, invisible wallet architecture. With the use of distinct user wallets, each secured by unique cryptographic keys, this feature allows users to separate their assets from one another and lowers the possibility that an attacker may access all of the users’ assets at once. The hazards connected with user-managed keys and seed phrases are eliminated when key management is abstracted away from the user.

Because the game controls when and what kinds of transactions are exposed to the user, users who utilize Solana GameShift wallets are much more protected from scammers. Transaction approval flows notify the user of any changes to their balance and mimic the impact of any on-chain activity. Only on-chain services from verified and reliable vendors are used by GameShift. These tactics stop third parties from using hacks or phishing attacks to cheat users of their assets.

Using Web3 and Google Cloud

Developers may now easily enable Web3 within their current Cloud game backend services by deploying Solana GameShift on the Google Cloud Marketplace.

What can be achieved using GameShift on Google Cloud is hinted at by this reference architecture, which includes:

Integrating GameShift transactions with already-existing player data in BigQuery to produce a more comprehensive picture of player behavior.

Using the Solana public BigQuery dataset, BigQuery and Vertex AI are being used to analyze player behavior on-chain.

Easily host user-generated content worldwide using cloud storage.

generative AI is being used to game assets and user-generated material to guarantee adherence to content policies, toxicity, content moderation, anti-cheat measures, player privacy, safety, and security.

In order to quickly consume real-time blockchain event data and start in-game activities, use Pub/Sub.

Breakpoint Solana 2024

Web3 gaming has a bright future ahead of it, and looking forward to further developments:

Solana Mobile

The upcoming web3 mobile gadget, which was unveiled at Breakpoint 2024, will provide a new platform for mobile Web3 gaming.

Solana Permissioned Environments

By integrating Solana Permissioned Environments with GameShift on Google Cloud, studios may take advantage of the Solana ecosystem while still having control over their chain access.

Tournament administration

To make the integration of fiat and Web3 payments for gaming tournaments easier, GameShift recently announced the release of a real-money tournament administration tool.

In order to enable game creators to produce the next wave of captivating, safe, and inventive gaming experiences, Google Cloud and Solana GameShift are dedicated to providing them with the resources and infrastructure they require. With the support of GameShift and its partnership with Solana Labs, Google Cloud is assisting in realizing the potential of Web3 gaming.

Read more on Govindhtech.com

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Drift Solana Exchange Asegura $25 Millones Para Convertirse En El ‘Robinhood De Crypto’

Revolutionizing the Crypto World: Drift on Solana Secures $25M

The cryptocurrency landscape is constantly evolving, and among the latest players making waves is Drift, a decentralized derivatives exchange built on the Solana blockchain. With a recent funding round that secured a whopping $25M, Drift is poised to take the DeFi space by storm. Let's dive into how they're changing the game and what it means for the crypto community.

What is Drift?

Drift is not just another crypto exchange; it's a platform that empowers users to trade derivatives in a decentralized manner. With its innovative approach, Drift allows traders to engage in perpetual contracts seamlessly while leveraging the high-speed capabilities of Solana. This combination ensures that users enjoy low latency and reduced fees, which is a significant improvement compared to other platforms.

Why Solana?

Solana has been gaining traction due to its scalability and speed. While many existing blockchain networks face congestion and high transaction fees, Solana operates efficiently, providing the ideal environment for a derivatives platform. Drift's choice to build on Solana enables them to offer a superior trading experience that can handle large volumes of transactions without compromising speed or performance.

Funding Success

Recently, Drift successfully raised $25 million in Series A funding, led by notable investors including DeFiance Capital and Alameda Research. This substantial backing not only validates Drift's vision and technology but also allows them to scale their operations, enhance platform features, and expand their team. Such investment illustrates a strong vote of confidence in Drift's potential to become a key player in the decentralized finance arena.

Positive Impact on the Crypto Ecosystem

Drift's mission extends beyond just profits; they aim to create a positive impact within the crypto ecosystem. By enabling individuals to participate in trading through a decentralized platform, Drift empowers users with more control over their assets. Furthermore, the data-driven approach they’re taking promotes transparency and inclusivity, key factors that can help build trust in the crypto space.

The Community Aspect

One of Drift's standout features is its emphasis on building a community-oriented platform. Through various initiatives, they are actively engaging with users and incorporating feedback to improve their offering. This community-driven approach not only creates a better user experience but also fosters loyalty and trust within the ecosystem.

Looking Ahead

The future looks bright for Drift, especially with its recent funding and a clear vision for expansion. As they continue to innovate and enhance their platform, users can expect new features aimed at improving trading experiences and further bridging the gap between traditional finance and DeFi.

Conclusion

In conclusion, Drift stands at the forefront of a new era in crypto trading. With their innovative solutions, commitment to decentralization, and impressive funding success, they are well-positioned to not just participate in but revolutionize the crypto domain. This is an exciting time to be involved in the cryptocurrency sphere, and Drift is leading the charge towards a more inclusive and efficient trading environment.

Stay tuned for more updates on Drift and the ever-evolving world of decentralized finance!

Drift Solana Exchange Asegura $25 Millones Para Convertirse En El ‘Robinhood De Crypto’