Blockchain-based games promise many benefits that aren’t available in traditional video games, providing tangible monetary value to gamers and allowing them to earn playing titles they enjoy. Alien Worlds has established itself as one of the preeminent blockchain games on the market, offering its users the ability to access “DAOs in Space” and compete with NFTs and gain rewards. The combination of fun and making money through Trilium, Alien Worlds’ native currency, has driven users to the game and catapulted Alien Worlds to the number one ranked decentralized game by user base (based on daily active unique wallets). It has become so popular that Alien Worlds is now rated the fifth largest overall decentralized application (dApp) on the market. Trilium Is Driving the Alien … [Read More...]
5 Projects Bringing Institutional-Grade Products to Crypto
The anticipated flow of institutional capital into the crypto market has been a popular narrative over the last few years, but often with limited traction. Now, in the aftermath of the 2020 macro backdrop, it’s actually happening. Preparations for institutional involvement have been made, and enterprise-level solutions built for crypto custody, digital asset management, and trade execution brokerage. As the crypto market recently topped $1 trillion for the first time and following projections for that to grow fivefold, it’s more important than ever that institutional-grade rails are in place to capture this critical mass. Some of the projects at the forefront of that task are leading the way for the institutional money flow that will benefit the entire space. Grayscale The Digital Currency Group … [Read More...]
RAMP DeFi Leads The Liquid Staking Race, Opening Ethereum-Based DeFi to Staked Liquidity From Other Blockchains
Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield. Digital assets staked on other networks were left behind, unable to participate in the emerging DeFi ecosystem. If those stakers wanted to access DeFi without introducing new capital, they needed to unstake and sell their investments to enter the market. That meant giving up on potential capital gains and staking rewards from those assets. Singapore startup RAMP DeFi is now pioneering an alternative solution, opening up participation in the Ethereum-based … [Read More...]
Blockchain-based Gaming Platform Exceedme Announces Strategic Investors And Partners
Exeedme, an innovative NFT powered video gaming platform with a pluggable DeFi infrastructure is on its way to a massive moonshot as strategic partners and investors rally behind the project ahead of its prolific launch. The Polkadot-based video-gaming platform has pulled a huge list of high-profile investors whose affluence and involvement will be instrumental to the success of the project both in the short and long term. Relying on the information retrieved from the project’s official medium page, the gaming giant reached a strategic partnership with a long list of illustrious investors including Capital, Moonrock VYSYN, GBV Capital, Morningstar Ventures, AU21 Capital, and Spark Digital Capital. According to Exeedme, this partnership will help accelerate the growth of its gaming ecosystem: “These partners … [Read More...]
Why 2020 was a Banner Year for the TRON Network
2020 will be forever remembered as the year Bitcoin took its victory lap, rising from the ashes of $3,700 to smash through its previous all-time high. While countless central banks wilfully debased their fiat currencies, Bitcoin hurtled like an unstoppable freight train as institutional investors boarded en masse. Of course, digital gold wasn’t the only winner: it was a banner year for crypto in general, with the explosion of digital credit markets, record-breaking acquisitions, and major upgrades in everything from payment systems to privacy. In this feverish maelstrom, few companies truly stood out – TRON was one of them. Building on the success of 2019, Justin Sun’s decentralized network continued its bid for world domination, building castles in the sky devoted to trustless value transfer… [Read More...]
MahaDAO to Launch Staking Program for MAHA Governance Token
Crypto collateralization platform MahaDAO has unveiled details of a staking program, which will be delivered with the aid of Ferrum Network. The program will allow the community to stake the project’s MAHA governance token, which was recently made available to the public via Polkastarter DEX. The Initial Dex Offering (IDO) sold out in under three minutes on December 17, in one of the first token sales to be conducted on Polkastarter. MahaDAO will now commence with a staking program that will provide an APY of almost 40%. To qualify for the maximum available APY, users are required to stake tokens for 90 days. Staking to Precede Protocol Launch MahaDAO’s protocol is on course to launch in January, whereupon users will be able to open and manage collateralized … [Read More...]
Safex Innovates a P2P Token Network with Private Ecommerce Potential
The team behind the Safex e-commerce blockchain open-source platform announced today they are expanding the ecosystem in which vendors and buyers can perform transactions privately, with relatively frictionless and well-verified digital assets. Safex people call the platform a “privacy-focused decentralized marketplace” where the use of the Safex token leads to revenue sharing and other opportunities for member holders. Users are able to generate web stores, in which they can sell items with a connection to the SFT network. They can also invest for long-term returns, and otherwise participate in a new kind of peer-to-peer system that shows what’s possible in the age of the digital coin. The idea of all of this getting traction represents some of the … [Read More...]
Why Bitcoin Buyers Should Beware of Unregulated Exchanges
There are many reasons to be optimistic about the future of cryptocurrency. This year, as bitcoin soared past its all-time high, we saw PayPal introduce support for digital assets; a Nasdaq-listed company boosted their bitcoin balance sheet to $1.6 billion; and the first bitcoin owner, Cynthia Lummis, made it to the U.S. Senate. Ethereum also became the first blockchain to settle $1 trillion in a single year. In short, it was a good year. And yet for all the rampant positivity, there remains an 800lb elephant in the crypto room: Regulation. Regulatory headwinds haven’t just caused Facebook’s stablecoin project Libra to grind to a halt; they’ve also forced countless crypto companies to think about how they want to operate in the … [Read More...]
Qtum Will Pledge up to $5 Million to Its New DeFi Development Fund
Qtum has just launched one of the biggest DeFi development funds to date. $1M has been allocated initially by the Quantum Foundation but Qtum founder Patrick Dai has said that as much as $5M may eventually be assigned to DeFi devs. The fund has been designed for solo developers and teams interested in creating scalable decentralized finance applications. Innovation on Ethereum has been stymied by transactional bottlenecks that have caused fees to spike. It now routinely costs over $10 to make a simple DEX trade and more than $3 to send ETH or USDT, with gas exceeding 250 gwei on a regular basis. Proof of Stake chain Qtum has higher throughput and lower fees. Thus far, it’s lacked Ethereum’s active community – as have all smart … [Read More...]
