U.TOWN - Page 3 of 11

Japan Gaming Giants Looks to Play 2 Earn – That’s Good News for Battle Infinity

Post author By admin1
Post date 2022-09-29

Japan Gaming-Japan houses some of the world’s largest and most prolific game developers on the planet. Nintendo, Square Enix, and Sony are just a few of the names headquartered on the island country. Now, it has been reported that some of the nation’s largest developers will begin to look toward play-to-earn (P2E) gaming for new opportunities.

Square Enix and Play-to-Earn

While the mainstream adoption of P2E technology has been fairly so, it seems to be picking up quickly now that the sector has had some much-needed time to mature.

Yosuke Saito, the director of the Square Enix Blockchain division has recently announced a partnership with P2E-centric blockchain Oasys, stating:

“We are excited to join the Oasys team and others in the gaming community on this project. Our shared enthusiasm for Web3 gaming makes this an exciting partnership for us and we look forward to gaining insights that can advance the creation of all-new gameplay experiences for gamers across the globe.”

How this Move Affects P2E Games

This is phenomenal news for developers and projects focusing on creating P2E experiences. An example of a P2E developer set to benefit in a big way is Battle Infinity (IBAT). The project has recently completed its presale and was released on PancakeSwap to huge demand, surging upward by around 400% on its first day.

The project allows users to create a fantasy sports team with cards that can be easily bought, sold, and traded by tokenizing assets in the form of NFTs. Furthermore, Battle Infinity is developing a series of player-vs-player P2E games that have already stirred up a fair amount of excitement.

While the BSC-based IBAT token and Battle Infinity as a whole, have already been met with a lot of positivity from investors and it’ll likely enjoy even more hype once some large, well-known game studios jump aboard the P2E train. Such a move will likely push P2E technology to the forefront of the gaming industry, allowing already established projects like Battle Infinity to really shine.

Play-to-earn gaming as a whole is still a fairly new concept that has yet to prove itself. However, if a developer like Square Enix is able to show that the concept can work for larger titles, the whole sector will likely explode as fans turn toward P2E games to get rewarded for playing their favorite titles while developers rush to create new games and experiences to ensure they’re not left behind.

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Tags Blockchain, Japan Gaming, u.town

blockchain

BNB Smart Chain Teams Up With Google Cloud to Accelerate Web3 Development

Post author By admin1
Post date 2022-09-22

BNB Smart Chain, the blockchain developed by major crypto exchange Binance, has announced a strategic partnership with Google Cloud, the cloud computing services arm of multinational tech conglomerate Google.

The BNB Chain team said in a press release that it is joining forces with Google Cloud to accelerate the growth of web 3 and blockchain startups-ups.

The partnership will allow early-stage startups in the BNB Chain ecosystem to develop and scale high-performance, efficient, and sustainable applications with help from both Google Cloud and BNB Chain.

As part of Google Cloud’s contribution to the partnership, start-ups in the BNB Chain ecosystem can now build on its industry-grade cloud infrastructure. The platform has been described as open, scalable, developer-friendly, and scalable.

The start-ups, along with the over 1,300 active BNB Chain decentralized applications (dApps), can also access Google Cloud services for on-demand analysis of on-chain data and the encryption of data while it is being processed in real-time.

For its part, BNB Chain will facilitate accelerated access to Google for Startups Cloud Program for eligible Web3 builders in its ecosystem, especially those that pass through its Most Valuable Builder (MVB) accelerator program. This will give the startups access to connect with Google Cloud Startup Success team members and Google’s technical subject matter experts, among other perks.

“At BNB Chain, we have been focusing on identifying and supporting innovative Web3 builders, and now by collaborating with Google Cloud, we can help these builders access the open, secure, and carbon neutral cloud infrastructure that’s needed to strengthen and scale their businesses,” Gwendolyn Regina, Investment Director at BNB Chain, said.

Cloud computing giants looking to attract blockchain businesses

The collaboration is coming after Google Cloud inaugurated its Web3 team in May, tagging James Tromans – a former Citigroup executive – to head it. As reported by CNBC at the time, Amit Zavery, a vice president at Google Cloud, stated that the goal of the team is to make the Google Cloud Platform the top choice for blockchain developers.

Early assignments given to the team include working on projects that will enable better management of blockchain nodes and exploring blockchain data in third-party applications.

Before then, Google’s cloud services already offered developers tools to use in building blockchain networks with customers such as Dapper Labs, Hedera, and Thera Labs. The platform also previously underwent an integration with Polygon to allow developers to analyze on-chain data.

Meanwhile, it is not the only cloud computing giant eyeing the blockchain space. Last year, Amazon Web Services (AWS), the market-leading cloud computing platform, announced that it was hiring blockchain experts.

U.TOWN：https://u.town/en

Tags BNB Smart, u.town, USDT

blockchain

Golem Price Pumping 55% to $0.3645 – Should You Buy this Crypto Today?

Post author By admin1
Post date 2022-09-16

Golem is currently on a bullish streak, having increased by more than 55% in seven days to trade at $0.36350 – but GLM is known for massive euphoric surges followed by severe retracements.

Golem Network is a revolutionary decentralized computation network that distributes excess computing power to those in need, with the network creating a peer-to-peer organization where users can buy and sell computing and join on an equal footing.

GLM is the utility token that is the gateway to the Golem Network. Users can also rent idle digital resources or assets with extra computational power using the Golem (GLM) cryptocurrency in peer-to-peer transactions.

Golem Price & Tokenomics

Golem is priced at $0.368242 at the time of writing and the 24-hour trading volume is $393 million – with a price increase of 4.99% in the last 24 hours – however in the last 12 hours the prices has dipped 30% from highs of $0.5255

A day before, the GLM/USD pair opened at $0.3317, placing a high of $0.4782 and a low value of $0.3134.

CoinMarketCap now ranks #98, with a live market cap of $368 million. It has 1,000,000,000 GLM coins in circulation and a maximum supply of 1,000,000,000 GLM coins.

What’s driving a general uptrend in GLM? Let’s find out…

Hiring Campaign Boost’s Investors

The network’s official Twitter feed released a tweet on September 6 that stated their coders earn between $3,000 and $10,000 monthly.

However, the benefits they bring go far beyond monetary compensation. They urged developers not to send CVs if that was all they wanted.

Hiring new employees indicates that the company is expanding, which boosts investor confidence. As a result, investors begin investing in those companies, expecting a higher growth rate to cause a surge in the coin’s price. This could be one of the reasons for the recent uptick in Golem prices.

According to the tweet, Golem provides a transforming experience similar to discovering your ability. According to Mattias Nystrom, Head of Community at the Golem Project, developers at Golem may choose the currency they compensate, but we also offer a lot more.

He said that excellent coders should be given special treatment, such as access to our Jastarnia code, a relaxing resort, and the inspiration and thrill of working with cutting-edge technology. The network claims they are always looking for talented developers to join Golem.

Furthermore, they understand that talent recognizes talent. That is why they offer a team member referral program called #DiscoverYourSuperpower, which rewards current employees with $4,500 for recommending new superhero developers to the company.

The fundamental purpose of the GLM Rewards Program is to create a movement that enables people across national boundaries to promote cooperation within the Golem community.

GLM Technical Outlook: Should You Buy This Crypto Today?

On the technical front, the GLM/USD has shown a bearish retracement, falling from $0.5500 to $0.3625. GLM has completed a 61.8% Fibonacci retracement at $0.3746 and is heading lower.

On the downside, the 78.6% Fibonacci retracement level will be the next level of support and may underpin GLM at $0.3275.

GLM’s immediate resistance remains at $0.3746 and 0.4079 – A break above these levels may allow for additional buying until the $0.4413 and 0.4820 levels.

The GLM has closed the “three black soldiers” candlestick pattern on the 4-hour timeframe, indicating a strong bearish bias in the short run.

As a result, it appears that investors should hold off on entering the market until GLM completes the 78.6% retracement.

U.TOWN：https://u.town/en

Tags Blockchain, Golem, u.town

Uncategorized

Cryptocurrency is Set for a 10x Price Explosion According to Analysts

Post author By admin1
Post date 2022-09-13

Cryptocurrency-Tamadoge, one of the most well-known ERC20 tokens, takes a novel approach by combining meme currency concepts with play-to-earn (P2E) game elements. Simply put, Tamadoge aspires to be the finest meme coin by capitalizing on the “Doge” style’s widespread appeal.

Due to retail demand, meme coins like Dogecoin and Shiba Inu are expected to see massive price increases in 2020. However, Dogecoin and Shiba Inu were doomed because they were not practical, which is crucial to the success of any venture.

For the time being, investors’ attention is focused on Tamadoge, which is already performing admirably during its presale phase.

Cryptocurrency is Set for a 10x Price Explosion

The TAMA native token, used on the Tamadoge platform, has been selling exceptionally successfully, giving resources for the platform’s continued growth. However, the price of TAMA is increasing with each transaction because there is less of it accessible. It’s primarily because the Tamadoge crew has completed all of their milestones ahead of schedule thus far.

According to crypto analyst Jacob Crypto Bury, TAMA has a high upside potential, which we can also see during the presale process. Assuming the presale is successful, TAMA’s potential for growth and subsequent significant returns on investment is wide open.

Despite the recent downturn in the cryptocurrency market, the popular Play-to-Earn (P2E) platform continues to set new milestones. However, even if the industry as a whole is still picking itself back up after the crash, the success of tokens like TAMA offers us reason to believe that the worst is over.

The fact that this is still an early-stage project only adds to the impressiveness of the accomplishment.

Tamadoge Nears $14 Million

Tamaverse ecosystem hopes to become a major player in the blockchain gaming industry. Only about 85% of the presale allocation has been sold as of this writing; thus, there is a limited time left for investors to stock up on tokens at a discount before the launch of LBank and Uniswap.

Each TAMA coin has a new price tag of $0.0275, but the price will increase by 10% to $0.0300 once the initial supply of 100 million is gone.

The current exchange rate of 36.36 TAMA for 1 USDT will drop to 33.33 TAMA once Tamadoge completes its presale. So far, Tamadoge has already raised $13.7 million and is on its way to achieving the $16 million target.

Tamadoge 5% Burn on Pet Store

The TAMA price could rise significantly amid Tamadoge’s burn rate of 5% on pet store transactions. The NFT pets and Tamadoge shop are scheduled for release in the fourth quarter of 2022.

TAMA’s value is predicted to increase as gamers hoard tokens ahead of in-store sales’ 5% burn rate. However, since the presale of Tamadoge generated so much interest, it seems likely that the release of the P2E game will similarly cause a surge in player enthusiasm.

U.TOWN：https://u.town/en

Tags Cryptocurrency, u.town, USDT

blockchain

Coinbase Pledges to “Evaluate”Forked Ethereum Tokens in Update to”Merge” Policy

Post author By admin1
Post date 2022-09-07

Coinbase on Thursday pledged to “evaluate” Ethereum forks that may spawn post-Merge, reopening the door to listing competitor tokens that could arise after the popular blockchain’s imminent tech upgrade.

“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” Coinbase said in an Aug. 25 edit to its Aug. 16 blog post discussing what customers needed to know about the tech upgrade known as “The Merge”.

The policy shift showcases how exchanges are navigating Ethereum’s long-delayed transition to a proof-of-stake (PoS) consensus mechanism, which will reshape how the decentralized finance hub ticks.

Read more: What Is the Ethereum Merge?

Though Coinbase and other crypto exchanges broadly support the energy-saving move, other stakeholders (particularly some of Ethereum’s miners) don’t. If they continue to process transactions for a PoW version of the network post-Merge, it would result in a fork with its own alternative ether token.

Coinbase had previously pledged to support the PoS coin but hadn’t addressed the possibility of forks. Meanwhile, the Ethereum community has largely rejected plans by some outside players to launch a PoW fork.

Read more: Ethereum Proof-of-Work Forks: Gift or Grift?

Coinbase said its update reflects “the company’s decision to evaluate any potential forks on a case by case basis.” In other words, if an alternative Ethereum fork passes Coinbase’s listing smell test, its token could list and trade alongside that of the PoS main chain.

The decision came after Binance, the world’s largest crypto exchange, also made room for forked tokens with plans to credit users’ accounts with alternatives from “the minority chain.” It, too, plans to review those tokens against the exchange’s listing policy before making them available to trade.

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Tags u.town