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2024 Tokenization Boom: A New Era for Real-World Assets
In 2024, the landscape of real-world asset (RWA) tokenization is experiencing a transformative shift, marking a significant milestone in the financial industry. Tokenization converts physical assets like real estate, commodities, and art into digital tokens on a blockchain, enhancing liquidity, accessibility, transparency, and security. This revolutionary technology makes high-value assets more accessible to a broader range of investors. As we explore the current state and future prospects of tokenization, it is clear that this technology is set to reshape the global financial ecosystem significantly.
Tokenization is predicted to be a multi-trillion-dollar opportunity by 2030, with market estimates suggesting it could reach up to $16 trillion. The United States is leading this revolution, followed by countries like Singapore, the United Kingdom, Switzerland, India, and Luxembourg.
The total value locked in tokenized assets has surged to $10.53 billion, with major financial institutions launching tokenized investment products. This signals a major inflection point for the industry, underscoring the significant role tokenization will play in the future of finance.
The benefits of tokenization are extensive. It allows for fractional ownership, increasing liquidity and enabling investors to buy and sell portions of an asset. This democratizes investment opportunities and bridges the gap between traditional and digital financial markets. Tokenization also reduces transaction costs by eliminating intermediaries and automating processes through smart contracts.
As regulatory frameworks evolve and technology advances, tokenization is set to revolutionize the financial industry. Intelisync provides cutting-edge RWA tokenization services to help you navigate and capitalize on this financial Learn more....
#metaverse development company#blockchain development companies#web3 development#blockchain development services#metaverse game development#24/7 Market Access#Access to Real-World Yields#Asset Classes in Tokenization#Benefiting Blockchains#CeFi and DeFi tokenization#CeFi-Based Tokenization Protocols#Commodities#Common Combinations#Credit & Loans#Current Trajectory#DeFi protocols#DeFi-Based Tokenization Protocols#Diverse Asset Classes#Dominance of the U.S.#Emerging Trends#Enhanced Liquidity#Ethereum’s Prominence#Fractional Ownership#Leading Geographies#Leading Geographies in Tokenization#Less Popular Asset Classes#Performance of DeFi Protocols#Popular Asset Classes#Private Credit#Real Estate
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The Future Of Mobile Gaming
To say that mobile gaming has a bright future would be an understatement. With the proliferation of smartphones with increased processing power and graphics capabilities, mobile gaming is set to dominate the gaming market in the future. A popular mobile game needs no gaming consoles like PlayStation or Xbox, and so is accessible to the common man. But there are more reasons to say that mobile…
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Neocities Rambles!!!!
ever wondered where did all the silly websites go? they're still around! so here's a collection of websites that i really really like. its best that you check these pages out on your pc! dont mind Honey hanging around, we like to go on adventures together. this post should also work as my personal bookmark to check out again, but i wanted to tell everyone about the wonders of the yesterweb too ><
also check out this yesterweb zine!
1. Virtual Diva (Hatsune Miku) page!1:
it has games and a whole bunch of information on hatsune miku! along with songs and stuff. i love how cute the page issss its very her :3 i wish i can make yb a page like that! maybe ill take a coding class one day huaaa
2. wired sounds for wired people - this one's based on Serial Experiment Lain! i love Lain. everyone loves Lain
i checked this one out a while ago, and it goes pretty deep, i think people would like this
3. lunospace- definitely one of my favourites, its so cozy and the site looks like your desktop
4. aegi's cafe - its a virtual cafe!! you can really interact with everything, its super neat! i wish my bakery here was as cool as thiss
5. welcome home - its a personal project page! theres comics, character designs, games and more!
now you maayy wonder how i keep getting balls deep into websites and stuff like this, i think when it comes to really surfing the web, its your own conscious effort to find interesting things out! i have a spacehey profile, and thats about as much coding as i know, hopefully we'll get to learn more in the future!
sadgrl.online is often the page i go to, to find weblinks and whatnot. its really useful! and theres so many things to explore :3
the website no longer updates, but its very helpful when it comes to discovering and educating yourself with things like Web3 and stuff
the closest thing i got for a homepage is my spacehey, which is yb themed lmfao. theres also my fresh hotel room where id log in and do my work as im afk there
thats all for today! thank you for reading everything and i hope this encourages you to surf the web :3
edit: i forgot the most important part but i found a yb profile
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I'm curious and I've gotta ask: do you know anything about the old MMORPG "Star Wars Galaxies"?
tl;dr it turned into a cautionary tale about chasing new users at the expense of alienating existing users, and among MMO gamers over a certain age, it's infamous
however, it's the exception, not the rule: the majority of the MMO market's history seems to show that a game and/or service -can- survive major changes, -if- those changes are gradual and continual, mixed with changes desired by the existing userbase, and not fully committing the product to a niche already filled by another company's product
that said, Tumblr doesn't have a lot of time to be gradual with its efforts to adapt, considering Automattic has already been nursing it at a loss since 2019...
but on the bright side, the current chaos among social media platforms offers some opportunities and wiggle room that never really opened up in the constantly overcrowded MMO market. like, some Tumblr users seem to think imitating Twitter in any way is a bad business plan, and they cite the fact Twitter is failing. but Twitter isn't failing because of its sidebar design, it's failing because of Elon Musk. imitating certain aspects of it is just free real estate at this point
funny you should mention SWG, i know it quite intimately. the official SWG forum was the first message board i ever joined, and i was highly active in that community for many years. up until very recently, i was still hosting a message board that was started as an SWG fan board. the people i know from that are some of the people i've known longest through the internet, and in my life actually, so it's close to my heart.
to unpack your thoughts here though, i think SWG is an interesting case study that actually supports our strategy, but really it doesn't quite fit because it's fundamentally a different model. MMOs are primarily subscription based (they were when SWG was out) or now freemium, and tumblr and most social media is funded by advertising. the underlying monetization mechanics are totally different, leading to totally different priorities.
if people on the internet were willing to pay to fully fund a social media network, either through a freemium model or a subscription, removing itself from VC funding and advertising, then the comparison between MMOs and social media platforms would make a little more sense. then it'd be much more easy for us, inside of tumblr, to prioritize existing paid customers, when those customers are a significant (or the primary) revenue stream. that would be pretty amazing!!!
and from my perspective, the "current chaos among social media platforms" is much smaller than it seems. i think the media just enjoys writing about this stuff, and overblowing it, and platforms like meta and tiktok are doing silly things mostly to grab that free attention. while certainly more people than ever are willing to try out other platforms, the raw numbers of how they retain / "stick" when they do make that move seem to be abysmal so far.
if anything, right now on the internet, the stage is perfectly set for something radically new to come along and completely blow away the incumbents, including meta and tiktok. i think web3 has already failed (thankfully), and AI is a tool (not a platform), and VR is too expensive and inaccessible, so something else is gonna pop up and become big. it's been a long while since a truly amazingly innovative product came along to shake the foundations of the internet. we're overdue.
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GameFinity, a blockchain play-to-earn platform where gaming excitement meets high-stake casino prizes. Connect your crypto wallet and dive into the nostalgic 8-bit arcade universe where every game presents an opportunity to win big. Explore a variety of game genres and choose the play mode that fits your preferences. Showcase your skills, prove your dedication, and claim your crypto rewards today! GameFinity is redefining the web3 arcade gaming experience by blending the play-to-earn concept with the thrill of casino-style rewards. With multiple tiers of prizes and the excitement of drawing everything from enticing wins to massive jackpots, every game offers a unique and exhilarating opportunity
Games Castle Vampires Enter the thrilling castle of the Vampire Underlord in this fast-paced bullet hell arcade game. Your mission is simple: survive for 300 seconds as waves of ghosts and bats swarm toward your character. Collect health potions and special items to battle the defenders using magic tricks. Manage your health and mana resources wisely to withstand the relentless attacks of supernatural hordes! If you endure the full 300 seconds, you’ll unlock the legendary Chest of the Vampire Underlord. Rewards include 0.005 ETH, 0.02 ETH, and the grand prize of 0.5 ETH. The thrill of hitting the jackpot makes every game an electrifying experience, so dive into Castle Vampires—if you dare!
Platform highlights Gaming variety From classic arcade challenges to futuristic adventures, GameFinity offers a wide range of genres to keep you entertained. Playmode diversity Choose between single-player missions and competitive PvP battles to prove your skills against others. ETH rewards Earn rewards in the form of ETH, with various prize tiers that add an element of high-stakes casino excitement. Security by design We prioritize the security of your assets and transactions. Our platform leverages advanced blockchain solutions to ensure transparency and safety. Zero-sum games Every game is designed as a zero-sum experience, ensuring a fair and balanced competition where rewards are distributed based on skill, performance, and a tiny bit of luck. Plug-and-play integration Connect your crypto wallet with ease and dive straight into the action. Our platform is designed for smooth and user-friendly interactions.
Team The team behind GameFinity has over 7 years of project-building experience in the blockchain industry. We have been involved in numerous multi-million undertakings, each and every time showcasing our expertise and commitment to growth.
Social Links:
Telegram:https://t.me/GamefinityETH Website: https://gamefinity.tech/
#GameFinity#ethereum#altcoins#crypto#blockchain#defi#p2e games#crypto gaming#cryptocurrencies#altcoin#investment
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The Top 10 Web3 Crypto Coins Set to Explode by 2025
In the dynamic world of cryptocurrencies, investors are always on the lookout for the next big thing. As we approach 2025, the focus is shifting towards Web3 crypto coins that promise explosive growth. These digital assets are not only volatile but also have the potential to reshape industries. Let's delve into the top 10 Web3 crypto coins that are set to explode and make waves by 2025.
1.Filecoin
Filecoin stands out as a beacon of innovation in the world of cryptocurrency. Developed by Protocol Labs, Filecoin operates as an open-source, public cryptocurrency and digital payment system. Its primary purpose is to establish a blockchain-based cooperative digital storage and data retrieval method. Transactions within the network are facilitated using FIL, the native currency of the blockchain.
2.Theta
Theta, a blockchain-based network founded in 2018, is a game-changer for video streaming enthusiasts. Operating on a decentralized network, Theta allows users to exchange bandwidth and processing resources peer-to-peer. The goal is clear: enhance video streaming quality, making it more efficient and cost-effective. As the demand for high-quality streaming rises, Theta positions itself as a key player in the industry.
3.Chainlink
Co-founded in 2014 by Sergey Nazarov and Steve Ellis, Chainlink has emerged as a pioneer in connecting off-platform sources to smart contracts. With a robust foundation in decentralized systems, Chainlink is a dominant force in a growing market. Investing in Chainlink is akin to putting trust in a technology that seamlessly integrates data into smart contracts.
4.Internet Computer
Internet Computer (ICP) plays a crucial role as a utility token, enabling users to participate in and govern the Internet Computer blockchain network. Designed to assist developers in creating websites, enterprise IT systems, internet services, and DeFi applications, ICP offers versatility. Notably, ICP can be staked or converted into cycles, powering computation for decentralized applications (dApps) and traditional applications alike.
5.BitTorrent
BitTorrent, a popular peer-to-peer distributed communication technology, revolutionizes data distribution. By eliminating the need for a central server, BitTorrent ensures reliable simultaneous distribution of large files to multiple clients. The protocol's efficiency and decentralized nature make BitTorrent a cornerstone in the era of massive data sharing.
6.Uniswap
Uniswap, an Ethereum token, drives the automated liquidity provider designed for exchanging Ethereum (ERC-20) tokens. Unlike traditional exchanges, Uniswap operates without an order book or central facilitator. Token exchanges occur through liquidity pools defined by smart contracts, providing a decentralized and efficient trading experience.
7.Ethereum
Ethereum, the second-largest cryptocurrency by market capitalization, has witnessed a remarkable surge in value, reaching as high as 800% in the last year. Ethereum's significant role in expanding decentralized finance (DeFi) contributes to its widespread acceptance and substantial investments. As the crypto landscape evolves, Ethereum continues to play a pivotal role in shaping the future of finance.
8.Decentraland
Decentraland, a 3D virtual reality platform built on the Ethereum blockchain, offers a unique space where users can create and monetize content and applications. Functioning as a shared metaverse, Decentraland allows users to purchase virtual plots of land. Its immersive experience and user-owned network contribute to its growing popularity.
9.Polkadot
Polkadot distinguishes itself by seamlessly connecting heterogeneous blockchain networks. Its capability to facilitate communication between diverse blockchain projects positions it as a promising investment. The Polkadot ecosystem is witnessing a surge in projects built on its foundation, making it a reliable choice for investors seeking decent returns.
10Cardano
Cardano stands out as a digital currency with impressive growth, driven by its commitment to optimizing transaction time and energy consumption. As the crypto community emphasizes sustainability, Cardano's approach aligns with the evolving preferences of investors. Its growth trajectory indicates a promising future in the competitive cryptocurrency landscape.
FAQs----------------------------------------
How Can I Start Investing in Web3 Crypto Coins?
To invest in Web3 crypto coins, start by creating an account on a reputable cryptocurrency exchange. Purchase popular coins like Ethereum or Binance Coin and explore emerging projects with potential.
Is Web3 Technology Safe for Investments?
Web3 technology introduces enhanced security features through decentralized frameworks. While risks exist, thorough research and due diligence can mitigate potential issues, making it a relatively safe investment avenue.
What Sets Web3 Apart from Previous Crypto Generations?
Web3 introduces decentralization on a broader scale, emphasizing user control and security. It aims to address scalability, interoperability, and sustainability, marking a significant evolution from previous crypto generations.
Which is the Best Blockchain Development Company In Mohali, Punjab ?
Wisewaytec stands at the forefront of cutting-edge blockchain development, offering innovative solutions that redefine the digital landscape. As the Best Blockchain Development Company in Mohali, Punjab we are committed to empowering businesses with transformative technologies that enhance security, transparency, and efficiency.
Can Web3 Coins Replace Traditional Financial Systems?
While Web3 coins aim to revolutionize finance, complete replacement of traditional systems is a gradual process. They coexist, offering diverse options for users seeking decentralized alternatives.
Are Web3 Crypto Coins Suitable for Long-Term Investments?
Many Web3 projects demonstrate potential for long-term growth. However, due diligence is crucial. Research each project's fundamentals, team, and community support to make informed decisions.
Conclusion
The top 10 Web3 crypto coins mentioned above are poised to explode by 2025. Each coin represents a unique value proposition, catering to the evolving needs of investors and enthusiasts. As the market embraces innovation, these cryptocurrencies stand as beacons of potential growth and transformation.
Disclaimer: Any financial and crypto market information written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of being absolved from any/ all potential legal action, or enforceable claims. I do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.
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🚀 Introducing PoXt (Proof-Of-Context) - Redefining Decentralized Consensus! 🌐
PoXt, powered by Krama, introduces a groundbreaking participant-centric consensus engine for open systems, fortified with Byzantine fault tolerance.
It's a game-changer enabling hyper-concurrency, sustained decentralization, and unparalleled sustainability, eliminating central bottlenecks.
Leveraging the Context of Interaction among participants, PoXt achieves instantaneous global finality of network states in a single step.
By utilizing nodes as intermediary resources, it ensures lightning-fast global finality, hyper-consensus, linear scalability, and optimal network utilization.
🔗 Key PoXt Features:
• Context-driven global finality for network states
• Seamless sustainability and equitable participation
• Linear scalability and hyper-consensus for decentralized apps
• Efficient utilization of network resources through sybil-resource model
With its advanced stochastic model adapting to dynamic network entropy, PoXt combines the scalability of a leaderless consensus model with the speed and sustainability advantages of a leader-based model.
PoXt marks a significant leap in decentralized networks, offering a participant-centric approach and sybil-resource model for fair participation and long-term sustainability, laying a robust foundation for high-performance decentralized applications.
Experience the future of decentralized consensus with PoXt and explore its implications for scalable, efficient, and secure networks at MOI.Technology
🌐 https://moi.technology/
#P2P
#Decentralization
#networks #Sustainability
#Bitcoin #Blockchain #Ethereum #Web3 #Crypto #NFT #DAO #DeFi #CBDC #HODL #MyOwnIntenet #MOI #ContextAware
#blockchain#crypto#defi#marketing#investing#cryptocommunity#cryptocurency news#cryptocurrency#cryptocurreny trading
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What is Social Gaming?
Social gaming refers to online video games that are widely played and available only through social media platforms (Bernachi, n.d.). These games are made to promote social interaction and conversation about the game both inside and outside of the game. They usually have multiplayer gaming mechanics and gamification systems.
Types of Games:
Card games
Board games
Mobile games
Social network games
Alternate reality games
LAN parties
Miniature wargaming
Live action role-playing games
Tabletop games
Massively multiplayer online games
Four Types of Play of Roger Caillois
French sociologist Roger Caillois developed four basic categories of play to characterize the roles in games and their intricacies:
Agon: This involves competition and is characterized by the presence of rules and the desire to win. It encompasses activities such as sports and board games
Alea: Games of chance fall under this category, where ability is not as important as luck in determining the result. Lottery games and gambling are two examples.
Mimicry: Role-playing, pretend play, and simulation are all part of this kind of play. People can take on several roles and identities, which encourages imagination and creativity.
Ilinx: Disorientation and vertigo are symptoms of ilinx. Activities that cause vertigo or changed perception, such spinning or some amusement park rides, fall under this category of play.
Caillois further divided these categories into two types of play:
Paida: This type of play is more spontaneous, exuberant, and unstructured. It corresponds to mimicry and ilinx and is associated with Mead's concept of pretend play.
Ludus: Ludus play is highly regulated and consists of structured, well-defined activities. It is translates to Mead's category of "games" and includes contests (agon) and games of chance (alea).
Are gaming communities becoming less about play and more about monetisation?
According to (Daniels, 2023), the conventional idea of play within these groups has been impacted by the growing tendency of commercialization in gaming communities. More and more gaming communities are concentrating on monetization techniques in order to leverage their user base and engagement. This shift is evident in various way:
Impact on consumer behavior
Sponsorships and advertising
Web3 and game monetization
Social gaming marketing
Diverse monetization models
youtube
Source: https://youtu.be/ARV5QCDb2UE
Has the Covid-19 pandemic changed the public perception of gaming?
It is true that the Covid-19 pandemic has had a variety of effects on how the general public views games. The consequences of the epidemic on gaming behavior and players' well-being have been clarified by research and studies. Here are some key findings:
Increased gaming activity
Research has shown that during the Covid-19 epidemic, young people's gaming engagement increased overall (Haug et al., 2022). Due to the epidemic and its accompanying constraints, people spent more time at home and played more video games for amusement and social connection.
Concerns and Public Health Initiatives
Concerns over young people's lack of physical activity, poor mental health, and sleep issues have been highlighted by the pandemic's increased gaming participation (Haug et al., 2022). It has been suggested that public health initiatives stress the promotion of physical exercise and create practical plans to stop harmful gaming habits.
Perceived benefits of gaming
Online gaming may enhance young people's psychosocial development in cognitive, motivational, emotional, and social domains, according to some research. Furthermore, it has been discovered that social gaming during social separation significantly but modestly lessens the experience of loneliness.
Negative perceptions
Negative themes have surfaced surrounding the belief that playing video games was a way to pass the time during the pandemic, notwithstanding any potential advantages (Barr & Copeland-Stewart, 2021).
In summary, the Covid-19 pandemic has caused a rise in youth gaming, and opinions on the effects of gaming on wellbeing are beginning to take shape, with both positive and negative views being expressed. Public health activities are necessary to address the challenges of physical inactivity and mental health disorders, even as other research emphasize the potential benefits of gaming.
youtube
Source: https://youtu.be/vL4W2zdWL9k
References
Bernachi, M. (n.d.). Social Gaming: What it is, benefits, and examples of platforms. https://www.cyberclick.net/numericalblogen/social-gaming-what-it-is-benefits-and-examples-of-platforms
Daniels, B. (2023, April 13). 10 tried & proven ways to monetize your gaming community in 2022. StriveCloud. https://strivecloud.io/blog/monetize-discord-communities/
Haug, E., Mæland, S., Lehmann, S., Bjørknes, R., Fadnes, L. T., Sandal, G. M., & Skogen, J. C. (2022). Increased gaming during COVID-19 Predicts physical inactivity among youth in Norway—A Two-Wave Longitudinal Cohort study. Frontiers in Public Health, 10. https://doi.org/10.3389/fpubh.2022.812932
Barr, M., & Copeland-Stewart, A. (2021). Playing video games during the COVID-19 pandemic and effects on Players’ Well-Being. Games and Culture, 17(1), 122–139. https://doi.org/10.1177/15554120211017036
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becoming a Binance Feed Creator is an exciting opportunity to contribute, learn, and grow in the dynamic world of cryptocurrencies and blockchain technology.
I aspire to become a Binance Feed Creator for several compelling reasons. Firstly, Binance is a global cryptocurrency exchange platform at the forefront of the crypto industry. Being a Feed Creator would allow me to contribute to the ecosystem's growth and innovation.
Secondly, the role offers a unique opportunity to stay updated on the latest developments in the blockchain and crypto space. This aligns with my passion for emerging technologies and the financial sector, fostering continuous learning and expertise.
Furthermore, Binance has a vast user base, and my contributions as a Feed Creator could provide valuable insights and information to traders and investors. This role allows me to share my knowledge and analysis, potentially influencing the decisions of individuals within the crypto community.
Lastly, being part of the Binance ecosystem opens doors to networking with experts and professionals in the field, which can enhance my career prospects in the crypto and finance industry.
In conclusion, becoming a Binance Feed Creator is an exciting opportunity to contribute, learn, and grow in the dynamic world of cryptocurrencies and blockchain technology.
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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
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Top GameFi Projects to Watch Out for in 2023
Within a couple of past years, GameFi has grown in popularity immensely. It is connected with the fact that in GameFi, people do not only play games. When they compete with each on a gaming arena, trade, participate and win in tournaments, manage lands or other infrastructure components in virtual worlds, they earn money.
Existing GameFi Projects to Watch in 2023
The most popular of the projects that have been here for a while are the following.
The Sandbox
Sandbox is working on creating a virtual world where users can do what they normally do in their daily lives: live, construct, work, do shopping, etc. Along with excellent earning opportunities, Sandbox offers excellent gameplay. In the Sandbox metaverse, gamers can not only earn but do it while enjoying all their activities: attending and participating in their favorite shows and events, exploring, constructing, etc.
Sandbox doesn’t limit gamers to the existing options but expands the number and type of activities constantly. This is another detail that makes Sandbox increasingly popular and Sand tokens – demanded.
The Sandbox platform is easy to use – a feature that makes it very attractive to beginners. It allows it to widen its target audience to those who would like to try a metaverse but were frightened off by its complexity from the technical point of view.With all the mentioned benefits, Sandbox is a metaverse that is here to stay.
Axie Infinity
Axie Infinity is the first blockchain-based play-to-earn game that has earned immense popularity. Axie Infinity was very popular during the COVID pandemic. When people started losing their jobs, many of them started looking for options to survive and discovered Axie Infinity.
After the pandemic was over, Axie Infinity still continued to be one of the top popular projects. Many people in the Philippines, for example, used to earn more money while playing than they were paid in their jobs previously.
However, with the arrival of a prolonged bear market during the recent crypto winter, all crypto tokens, including those used in Axie Infinity, dropped in value, and many players just left the game, causing a massive 98% drop in the game ROI.
Upcoming GameFi Projects
Some projects still do not offer extended functionality because their developers are working to create metaverses that will be able to compete in the future.
Otherside
The Otherside was branched out from Bored Ape Yacht Club, an ambitious project whose non-fungible tokens are known to be among the most expensive in the market.
Otherside is still under development. It is going to be a gamified interoperable metaverse blending multiplayer games and Web3-enabled worlds. Yuga Labs knows all about expensive projects and thus, it is difficult to expect that free players will be let in Otherside.
The game looks promising from what we can see now. But only when the platform is live, allowing players to access the available features, will we see the real value of this platform, and it is quite possible that this will become one of the most successful NFT projects (even though, judging from the start, one of the weirdest, too).
Star Atlas
Star Atlas is another promising project. It positions itself as a grand strategy game of space exploration, conquest, and so on.
This is a community-focused project. It is expected that players will decide how the Star Atlas is going to develop.
Plenty of games and immersive experiences, top quality, and carefully-developed gameplay are definitely the attractive points. The absence of decent experiences for non-paying users is a significant drawback. If you hope to join a free-to-play version of Star Atlas, you might be highly disappointed.
Even though the game developers didn’t provide those who don’t buy in-game money with an opportunity to enjoy the game, Star Atlas takes its place among the most promising NFT projects, and its utility token value may boost in 2023, especially if the team delivers some significant advancements.
ElseVerse
ElseVerse is still under development, but the potential is seen even by inexperienced investors. This metaverse project is an incubation of BullPerks and GamesPad. It is led by a team of experts, those who have been in the area for ages and know everything about blockchain and the metaverse.
The main difference between ElseVerse and Metaverses is that the project doesn’t concentrate on providing gamers with earning opportunities only. In the ElseVerse world, one can find his place based on his skills and wishes.
Those who would like to trade can open a shop or just become one of those merchants who travel around looking for rare game assets and resources and reselling them.
Cashbox
Cashbox is a nft games from the “past”, nowadays all crypto games in the market are set in the distant future, but Cashbox is special, it takes the ancient world civilization as the background and builds a meta-universe parallel to the real world. You can summon Mythical beasts to ally and fight with other teams from other worlds to stabilize the order of the multiverse. Each Mythical beasts is a unique NFT who will become uniquely valuable in battle after battle. Collect them well, I believe this is the first time you have seen an NFT that will actively increase in value like this.
MetaVision
MetaVision is another possible leader in the future gaming industry. It enables users to get the best gaming experience on Binance Smart Chain with lower in-game transaction costs and faster speed of transactions than on the Ethereum network.
This is going to be a comprehensive metaverse that offers top gaming experiences and is based on four pillars: play-to-earn games, life experience, virtual merchandise, and virtual advertising.
So, users will be able to earn money by getting and upgrading digital assets with an opportunity to benefit from renting them or selling them for a profit in a marketplace. Some in-game items will be unique or rare, which will boost their value.
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OmniaVerse is excited to announce that we are bringing our game portfolio and $BLOCK token to the Core blockchain!
The Core blockchain is a Layer 1 that combines the unparalleled security and decentralization of Bitcoin with the composability of Ethereum, all with incredibly low gas fees. These features make Core an ideal network for the suite of OmniaVerse games and our in-game utility token, $BLOCK. Additionally, Core has an impressive community with over 3M addresses and 1.7M Twitter followers.
OmniaVerse and Core know that web3 gaming will be a key part of the next wave of new crypto users. “We are very happy to offer the OmniaVerse portfolio on the Core network and bring further utility, entertainment, and Play-to-Earn games to the growing user base on Core.” - OmniaVerse
Starting April 4th, OmniaVerse will be rolling out their library of P2E games onto Core, where players can earn $BLOCK or $CORE while they game.
OmniaVerse's $BLOCK token will also fairlaunch on the Core blockchain starting April 4th at www.IceCreamSwap.com.
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Cyborne (Android, PC, MAC):
A shooter game similar to Call of Duty and Counterstrike that will push every player to their limits.
https://omniaverse.itch.io/cyborne
Hold The Block (Roblox):
'Hold the Block' is capture the flag…from the minds at OmniaVerse.
https://www.roblox.com/games/12480825074/Hold-the-Block
Dice (Web/Mobile):
Duel your friends in decentralized combat.
https://dice.omniaverse.io/
BlockJack (Telegram):
Play BlackJack against a Bot. If you win, you earn, if not, try again!
https://t.me/BlockVerseP2E
Lottery (Web/Mobile):
Buy lottery tickets to play various games and earn rewards.
https://lottery.omniaverse.io/
Scratch cards (Web/Mobile):
Just like a lottery scratch-off!
https://lottery.omniaverse.io/Scratch
Torque (Android/PC/MAC):
Extreme racing, by the team at OmniaVerse.
Coming soon…
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OmniaVerse: https://t.me/omniaverseOfficial
Core: https://t.me/CoreDAOTelegram
IceCreamSwap: https://t.me/Icecreamswap_com
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Best Play-to-Earn Games with NFTs or Crypto
Best Play-to-Earn Games with NFTs or Crypto Play-to-earn games (P2E) do what traditional video games don’t — reward players for their time and effort spent in the game. After all, the players do create game content simply by participating and providing interactions for other players. And while many games have switched to the phrase ‘play and earn’, or the term ‘web3’, the idea remains the same — the ability to own game items as NFTs, and the ability to earn while playing in some manner. Sometimes those two things are the same. Sometimes not. But what is the same, is that each P2E game offers a way for players to be rewarded for their in-game activity. Some P2E games will require an initial investment, while others are free to play. But whatever your interest, there is something in the world of blockchain gaming to cover it. And though many games are still in development, they range from simple web games, to mobile, to FPS, to galaxy-spanning strategy games, to MMOs, and more! Keeping track of all of them can be a tough job, and so we’re here to help! Below are a few recommendation as well as our (ever growing, and ever updated) list of web3 enabled games with same basic info as well as links to our articles and game guides! About The Sandbox The Sandbox is an interconnected world of unique game experiences. With land plots of varying sizes, each land owner can build their own creations using a visual game builder. The Sandbox is still in alpha testing, but if you’re interested in play-to-earn games, this should definitely be on your radar. Check out our full The Sandbox review to learn how to get started.
About Axie Infinity Axie Infinity is the most important game developed on a blockchain thus far. The game focuses on breeding, collecting, and battling creatures named Axies and using them to explore the World of Lunacia. At its peak, the marketplace was making millions in sales every day, and Axies were selling for thousands of dollars each.
About Gods Unchained Gods Unchained is a collectible, fantasy, and trading card game built on the Ethereum network. It’s free to play, easy to get started, and offers play-to-earn opportunities right out of the gate.
About fairy cat Fairy Cat gamefi fairycat .net is a virtual pet blockchain game Play to earn. The Fairy Cat Blockchain Game offers players and investors a very unique opportunity to collect, trade, battle and earn rare assets that greatly increase their income. Fairy Cats and all other in-game items will be stored as NFTs with a 1:1 equivalent of USDT in the player's wallet and thus can be sold for profit and freely traded.
About Iluvium Illuvium is actually a suite of games set in the same universe. Illuvium Arena is a PvE, auto-battler, survival contest with leaderboards, Illuvium Zero features base building and NFT crafting for Illuvium Zero, the main game. In Illuvium Zero players wander the land in search of Illuvials to capture. All three games are currently in alpha testing.
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A big shout-out to all our fellow startups and founders from YourStory Media Tech 30: India's Most Promising Startups 2022 Cohort! I would be grateful to you for sharing show your support by helping spread the word by: 1) Following their brand pages 2) Sharing the good work done by them with relevant stakeholders 3) Referring prospects and relevant opportunities 4) Collaborating and partnering with them 5) Sharing feedback for improvement And any other way that adds value and helps each of them become bigger, better, and faster! Aerobiosys Innovations Private Limited Clinical needs for Critical Care Algorithmic Biologics Molecular discovery and diagnostics. BugBase Global marketplace of ethical hackers CARPL.ai World’s first testing and distribution platform for healthcare AI. Clairco (Clean Air Company) Reduce indoor air pollution using nanotech and IoT at zero capex Convrse.ai Marketplace for metaverse developers Dextroware Devices Hands-free control of smart devices with simple head movements Dharaksha Ecosolutions Converts crop stubble waste into biodegradable packaging material DTOWN ROBOTICS PRIVATE LIMITED Unmanned aerial/ground solutions ECOSTP Technologies (P) Ltd. Patented zero-power, zero-chemical sewage treatment system ElectricPe Building India’s largest electric vehicle charging platform EVRE Manufactures technologically advanced EV charging solutions GalaxEye Space Fusion-based imagery data via satellites from space Hyphen SCS Building India’s biggest warehousing and fulfillment platform INDICOLD Tech-enabled B2B cold chain solutions provider Jivika Healthcare VaccineOnWheels, ChemoAtHome, and Health&Wellness CentreOnWheels Kazam Operating system for EVs and their peripherals LightMetrics Making roads safer everywhere through an AI platform NeoDocs (YC S21) Provides smartphone-based instant lab test kits Neuranics Lab Builds a 10-minute diagnostic platform using just two drops of blood Nosh Robotics (Euphotic Labs) Deep-tech startup building home robots that cook delicious food Onmeta Quickest on/off-ramp solution for Web3 businesses Saathi Pads India’s only biodegradable and compostable sanitary pads Savvology Games creates original Game Theory-based two-minute games Simyog Technology A virtual laboratory for electromagnetic compatibility. Solinas Medical Inc. Robotics and AI solutions to eliminate manual scavenging TechXR Innovations Private Limited 3D mouse for smartphones UrbanMatrix Technologies : Provides an operating system for drones. VayuJal Technologies Private Limited : patented technology extracts water from air WYLD : Wyld offers India’s first social currency card, Read https://lnkd.in/dPX5Y3AH arunpandit.com #healthcare #india #tech #startups #founders #technology #ai #yourstory #tech30 #startupfounders #startupindia #arunpandit #hyphenscs #techsparks2022 #innovation #startup #warehousing #pauneetnanda #top30
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