🚨 ROBLOX TO ENTER WEB3 SOONER THAN YOU THINK
Reebok teaser reveals possible NFTs in Roblox.
Futureverse CEO reveals talks with Fortnite. 👀
We could see a massive inflow of IP and brands become truly interoperable in the next couple years!
Web3 gaming and digital ownership is inevitable! 🐂
Just started playing @illuviumio for the first time!
Here's a quick highlight video from my first couple days exploring the Overworld! #Illuvium#web3gaming
📈 Is #GameFi back? In the last 24 hours we have seen:
+46% $ALICE / still 90% from its ATH in 2021
+58% $NYAN / 34% from its ATH at launch on May 2024,
+39% $NOT / 24hr trading volume hit $16.33 billion, only second to Bitcoin!
+16% $PORTAL / just broke $1, still a long way to go from its ATH a $4.15
@MyNeighborAlice@nyanheroes@notcoin@Portalcoin
#cryptogaming #blockchain #web3gaming
We are excited to announce the closing of Supervillain Labs' $4.5M seed round!
This investment was co-led by Aptos Labs(@AptosLabs) and Neowiz's Intella X(@TeamIntella), with participation from four top global investors: Spartan Group(@TheSpartanGroup), KIP-CRIT Interactive Contents Fund(@CRIT_ventures), Presto Labs(@presto_labs), and Planetarium Labs(@planetariumhq).
With this funding, we will gain momentum to create games that will bring joy to gamers worldwide, starting with Supervillain Idle RPG and Project ARK. We'll leverage Aptos' blockchain technology and our partners' global market expertise to provide an advanced user experience and set new standards in Web3 gaming.
Thank you to our partners and supportive community. Stay tuned for our next steps and watch us make our vision a reality!
JUST IN : MoonPay has announced the launch of a new Web3 tool platform aimed at enhancing digital engagement for brands. This initiative is part of MoonPay's expansion into services targeting digital experiences for brands. The platform is designed to provide a range of services, including #crypto payments, authentication, NFT minting, and more, to help brands create more interactive and personalized experiences for their customers.
The new platform is seen as a significant step towards integrating blockchain technology into mainstream consumer strategies, with the potential to revolutionize digital engagement for brands. It's estimated that the Web3 market will reach a value of $25.4 billion by 2029, growing at a compound annual growth rate (CAGR) of 17.3% over the period, indicating a strong growth potential for MoonPay's new platform.
Brands like Gucci, Puma, and Mastercard have already launched Web3 initiatives using MoonPay’s platform, showcasing the practical application of this technology in enhancing consumer engagement. MoonPay's focus on digital experience for brands reflects a broader industry trend towards leveraging Web3 solutions to create more interactive and personalized consumer experiences.
Game changer for game projects on Ethereum! ANY projects that had been building on Ethereum Layer-1 can just move to Taiko without changing its code, and will be operating with Layer-2 fees instead.
#Ethereum#Layer1#Layer2#L2Migration#ZKRollup#DeFi#CryptoDev#Web3 #DAppMigration #web3gaming
ETHEREUM-BASED ROLLUP TAIKO LAUNCHES ON MAINNET
Ethereum-based rollup Taiko has launched on the mainnet after development since 2022 and seven testnets.
Ethereum co-founder Vitalik Buterin proposed the inaugural block on Taiko’s mainnet, including metadata with names of every Taiko core contributor.
Taiko is a based rollup that relies on Ethereum block validators to sequence transactions, benefiting from Ethereum's security assurances.
Source: The Block
While the ETH ETF and potentially other upcoming ETFs present opportunities, there are also risks associated with Ethereum compared to Bitcoin. This may be Ethereum's shift in its perception from a security to a commodity. Unlike Bitcoin's anonymous creator, Ethereum has a public figurehead in Vitalik Buterin. This introduces an element of individual risk, as his actions or opinions could potentially impact the price.
After the approval of the BTC ETF, a steady influx of $12 billion from traditional US finance was injected into Bitcoin over a 5-month period.
We can expect a similar pattern with the Ethereum ETF. However, the full impact (ripple effect) on other crypto sectors will likely be gradual.
The lack of a dominant narrative in the short term has led to a surge in meme coin investments, driven by their potential for high returns and other sector such as EVM and game are slowly catching up.
#BitcoinETF #EthereumETF #Cryptocurrency #DeFi #Blockchain #CryptoNews #CryptoInvestment #Memecoins #Solana #Avalanche #Layer2 #PlayToEarn #Decentraland #AxieInfinity #crypto #Trump #Trump2024 #Biden #election
There is currently no dominant narrative to guide investment decisions on the future influx of capital. Most capital is flowing into memecoins, which offer the potential for higher returns.
Established play-to-earn games like Decentraland and Axie Infinity, built on Ethereum, leverage its technology to secure item ownership, create transparent in-game economies, and foster player-driven governance models. These established games are experiencing slower growth, possibly due to a delayed effect from the current market influx.
.@GoGalaGames hacked for $200 million, the team freezes hacker's wallet
A compromised or rogue Gala Games admin address minted 5 Billion $GALA ($200M) and has been systematically selling the tokens.
https://t.co/avzfjVfl9E