When we talk about blockchain protocols there are 3 different types that come to our mind: Layer 1, Layer 2, and Layer 3.

The post What’s Layer 1, Layer 2 And Layer 3 In Blockchain? Key Differences With Examples appeared first on coinpress.

The world has slowly started taking climate change and is realizing carbon has been a natural killer. While the change is slowly coming in, it is tough to eliminate all the sources of carbon at a go. Hence the concept of carbon credit was bought into the picture so that the companies contributing more to emissions and pollution could invest in carbon-positive ventures through a carbon credit product. While a lot of Carbon credit business happens voluntarily, a few exchanges have made their mark. Here is the list of the best exchanges that one should keep an eye on in 2023.

The post Top Carbon Credit Exchanges for 2023 appeared first on coinpress.

Finding the appropriate people to enlighten you on subjects like cryptocurrency can be difficult. One of the most widely used social media sites today, Instagram is also quickly developing into the hub of a thriving cryptocurrency ecosystem.  If you are a crypto enthusiast and seeking some knowledge in the world of cryptocurrency. Here we have prepared a list of the top 10 crypto influencers who will surely clear your doubts, clarify the concepts, make investment recommendations, and update you on industry news.

What Is a Crypto Influencer?

The popularity of social media and growing interest in cryptocurrencies made it possible for crypto influencers to give regular accounts of the cryptocurrency market. A cryptocurrency influencer can be somebody with years of expertise investing in cryptocurrencies who posts content pertinent to cryptocurrencies and the decentralized economy on the Internet to inform and educate others.

Crypto influencers are essential in popularising cryptocurrencies and other related concepts like blockchain, non-fungible tokens (NFTs), and the metaverse. For the purpose of reaching their target audience and educating people about cryptocurrencies, they publish information on a variety of social media platforms, including Twitter, Facebook, Instagram, and LinkedIn.

Crypto influencers talk about weekly developments, their most recent investments, and predictions for the state of crypto marketing in the future. The digital economy is extremely volatile, though, so an influencer’s prediction could be inaccurate. It’s crucial to take a crypto trader’s recommendations with a grain of salt as a content consumer.

The post Top Crypto Instagram Accounts In January 2025; Here Are Top Crypto Influencers To Follow appeared first on coinpress.

Big Eyes (BIG) is one of the crypto market’s most anticipated coins. This meme coin is a community token, centred around a cartoon depiction of a cat with huge eyes, which explains the project’s name.

The project is built on the Ethereum blockchain and will function as a decentralised app, making it more of a token than a coin. Through the inherent DeFi options available on Ethereum, the project intends to connect individuals to form a community and provide value for its members.

This meme cryptocurrency is currently in its 6th stage of presale. And has raised nearly ten million dollars despite the market crash. Big Eyes aspires to be the best of all meme currencies, as no coin has ever been. Its true goal is to catch DOGEs, i.e., Shiba Inu, Dogecoin, and Baby Doge.

Promises

Big Eyes has announced that 90 percent of the coins will be issued into open supply on the day of launch. This implies that even if someone wanted to become a big whale, their prospects are slim. The project has a total supply of 200 billion coins, 180 billion of which will be available for purchase by regular investors. The team has opted to contribute 5% of the tokens to a marine life charity while keeping the remaining 5% for future endeavours.

According to the whitepaper, it would take deliberate steps to safeguard marine life from the detrimental effects of pollution and overfishing. To do this, the initiative will contribute a substantial portion of its token supply to ocean-related charities.

The whitepaper also claims that there will be no fees or taxes associated with buying or selling BIG coins.Many community-centred projects charge a fee when people place orders to buy or sell.

BIG has passed its smart contract audit. Cryptocurrency fans believe it will give attractive profits following its launch, which is scheduled for the end of 2022. Big Eyes is also preparing to launch an exclusive NFT club called the Sushi Crew.

Final Thoughts

Purchasing coins that are still in pre-sale is similar to boarding a rocket that is still preparing for launch. Although reaching the moon is not assured, you are in for a spectacular trip. If things go sideways, you will crash and burn in a spectacular way too (at least your investments will). You can maximise your potential gains by investing in currencies that have not yet experienced significant growth, but the opposite is also true.

Also Read: Top 5 Undervalued Cryptocurrencies To Invest in 2022

The post Big Eyes Coin: All You Should Know About This New Crypto Before Investing appeared first on coinpress.

In the early days of Solana, it was dubbed “Ethereum Killer.” Fast forward to today, and a lot of things have changed. But the battle for supremacy is still going on.

Which of these two cryptocurrencies fares well when it comes to investing for the long-term? Well, let’s dive right in.

Ethereum (ETH)

As you know, Ethereum is going through a series of upgrades in order to make the blockchain more secure, scalable, and sustainable. Ethereum’s upgrade roadmap includes 5 stages: the Merge, the Surge, the Scourge, the Verge, the Purge, and the Splurge.
 
As the Ethereum ecosystem matures with time, ETH is going to be a fundamentally strong token, powering a host of crypto projects.

Although the FTX-Alameda crisis, coupled with crypto winter, has significantly brought down the price of ETH, its future prospects remain on the brighter side of the spectrum.
 
According to available data, combined with the AI price forecast,  the price of ETH may increase by +117.93% in the next 5-years. According to Wallet Investor’s AI analyst, ETH has a positive outlookand  there will be a positive trend in the future. If you can hold ETH for the long term, it is very likely that you will make money.

Also Read: Top 5 Undervalued Cryptocurrencies To Invest in 2022

Solana (SOL)

Solana is currently going through difficult times. SOL’s price has been hit hard due to its ties with now bankrupt FTX-Alameda Research.

According to reports, Alameda has over 50.5 million SOL from the Foundation and 7.56 million SOL from Solana Labs, the company that represents the founders and core contributors to the Solana network. A large portion of that SOL is locked up in monthly unlock schedules that will unclock in 2028 and 2025, respectively.

However, no one knows how it’s going to play out in the future. Amid the crisis, Alameda can dump millions of solana tokens if needed. This will further strain the already poor public sentiment around this token and may lead to a crash in the price of SOL.

Until all these uncertainties are cleared, SOL is a very high-risk asset to invest in. According to Wallet Investor’s AI analyst, SOL has a negative outlook, and you should refrain from investing in this token.

Also Read: Cardano vs XRP : Who Will Hit $1 in 2023?

The post ETH vs. SOL: Which Will Make You Rich In The Long Run? appeared first on coinpress.

Adoption or acceptance of cryptocurrencies and other digital assets is very important in order to enable their many use cases. When it comes to determining which countries are leading in the race for crypto adoption, a number of parameters can be considered. For example:

• The countries with the most cryptocurrency transactions
• Countries with the highest proportion of cryptocurrency owners
• Countries that accept crypto as a legal tender in some manner or another
• Countries with the friendliest cypto asset regulations; and so on.

But the best parameter will be to measure where the most people are putting the biggest share of their money into cryptocurrency. This will provide a holistic overview of cryptocurrency adoption all over the world.

Chainalysis, a blockchain analysis firm, publishes a yearly report in which it ranks all countries on grassroot cryptocurrency adoption parameters.

Global Crypto Adoption Index

Chainalysis’ report, known as the Global Crypto Adoption Index, ranks all 146 countries on the basis of five metrics:
1. On-chain cryptocurrency value received at centralized exchanges, weighted by purchasing power parity (PPP) per capita
2. On-chain retail value received at centralized exchanges, weighted by PPP per capita
3. Peer-to-peer (P2P) exchange trade volume, weighted by PPP per capita and number of internet users
4. On-chain cryptocurrency value received from DeFi protocols, weighted by PPP per capita
5. On-chain retail value received from DeFi protocols, weighted by PPP per capita

Here are the top 10 leading countries in cryptocurrency adoption, according to 2022’s Global Crypto Adoption Index.

According to the report, overall adoption has slowed worldwide in the bear market but remains above pre-bull market levels.
In the second quarter of 2021, global cryptocurrency adoption reached an all-time high.

This report also reveals that upper middle-income and lower middle-income countries, also popularly known as emerging markets or developing countries, are leading in crypto adoption. For example, Vietnam, Philippines, Ukraine, India, Pakistan, Brazil, etc.

Also Read: Here’s The Easiest Guide to Buy Land in Decentraland

The post World’s Top 10 Countries That Are Leading In Crypto Adoption appeared first on coinpress.

With crypto enthusiasts and companies buying virtual real estate, the big question is: “Is this going to be the next big thing?”

Now that companies are diving into the Metaverse, land in the metaverse has the potential to be just as valuable as real-world land.

Decentraland is the first and most well-known virtual land ownership platform for gamers, creators, and aspiring entrepreneurs. Every piece of virtual land purchased is an NFT, which cannot be reproduced.

If you want to buy land in Decentraland, here’s the guide:

What is Decentraland?

Decentraland is an Ethereum-based, user-owned virtual world in which you can play, explore, and interact with games and activities. You can also buy plots of land to build your own environments, marketplaces, and apps.

Users can host live music concerts, conferences, exhibitions, etc. in this virtual world. They can also monetize their content and applications on this platform.

Virtual Land in Decentraland

The finite, traversable, 3D virtual space within Decentraland is known as LAND. LAND is a non-fungible token (NFT) maintained in an Ethereum smart contract as a way to determine ownership.

Decentraland is comprised of 90,601 virtual land pieces (parcels). Each plot of land is 16 metres by 16 metres (52 feet by 52 feet) in size. Parcels of land are defined using cartesian coordinates (x, y).

Members of the community can purchase these parcels using MANA, Decentraland’s cryptocurrency token. Users permanently own the parcels and have full control over the environments and applications that they build.

If a user owns multiple land parcels that are directly adjacent to each other, he/she can also combine them into a larger property to host bigger events.

How to Buy Virtual Land in Decentraland?

If you want to buy parcels of virtual land in Decentraland, first you need to buy MANA, Decentraland’s native cryptocurrency, from crypto exchanges. You can use fiat or other cryptocurrencies to buy MANA from cryptocurrency exchanges like Kraken, Binance, etc.

If you want to buy land parcels directly with ETH, you can use the NFT marketplace, OpenSea. Here are the steps to buy parcels using MANA tokens:

Step 1: Go to Decentraland’s Marketplace

Head to https://market.decentraland.org/ (Decentraland’s marketplace), and scroll down to ‘Parcels And Estates’ section. Here, you can see the land parcels on the map that are for sale.

Step 2: Choose Your Parcel

When you go into ‘Parcels And Estates’ section, you will be presented with a map that shows all of the parcels that exist in Decentraland. When you toggle the “On Sale” option, the parcels that are now on sale are highlighted in a bright blue colour.

If you prefer not to use the map view, you can browse a list of available parcels via a more traditional user interface.

Step 3: Explore the Parcel

If you’re interested in a certain plot or estate, click the “Jump In” button to see how it looks inside the game. Your avatar will be “teleported” onto the parcel, where you can freely explore the parcel and its environment.

4. Purchase the Parcel

Log in with your cryptocurrency wallet. Decentraland supports popular Ethereum wallets like MetaMask, WalletConnect, Fortmatic, Coinbase Wallet, etc.

If you believe you can bargain on the listed price, choose the “Bid” option to submit your bid. The seller will accept or reject your bid. If you want to buy the parcel at the listed price, click “buy” and pay using crypto tokens.

Conclusion:

Decentraland is a prominent metaverse project that uses blockchain technology to provide participants with actual ownership. Although the notion of digital real estate is still in its early stages, it might be an intriguing choice for risky investors or crypto fanatics.

Also Read: Top 5 Decentraland Metaverse Projects 2022

The post Here’s The Easiest Guide to Buy Virtual Land in Decentraland appeared first on coinpress.

Planning to invest in a crypto token sale? If you are an active crypto investor in the crypto market, you must have heard of terms such as Utility tokens, crypto coins, and equity tokens and must be well acquainted with these concepts. However, the case is different for the new entrants in the market as they may find these terminologies a bit complicated. Thus, this article is mainly for beginners, where, among other things, we will discuss the difference between Utility tokens and equity tokens (Utility Tokens vs. Equity Tokens). To start this journey, let us first understand what equity tokens are, followed by a look at the utility tokens examples.
As we proceed further, this article will also cover topics including equity tokens, examples of equity tokens, and Utility Tokens vs. Equity Tokens.

Utility token meaning?

A utility token, mostly issued during an Initial Coin Offering (ICO), is a special kind of cryptographic asset used primarily to raise the funding required to develop a cryptocurrency project. Utility tokens are speculative and behave more like promotional tools for the issuers. They provide token holders with privileged services and are not seen as investments.

During the initial stages, it is usually seen that the price of utility tokens is static, and crypto investors can buy them in diverse cryptocurrencies and even fiat currencies. Once purchased, these utility tokens are stored in a crypto wallet that is associated with a buyer and can be used to access services offered by the blockchain project. Additionally, utility tokens do not represent any ownership stake of a crypto investor in the company they are investing in. Instead, they allow the holder to trade (purchase or sell) the underlying tokens on a preferential basis.

 

The value of utility tokens generally changes depending on the demand for the project. It can yield profits for the acquirer of the token if the project reaches its intended purpose with reasonable success. The primary understanding is that they are not investment products and can lose value entirely at the holder’s expense.

Utility token examples
Some examples of Utility token include – Funfair, Basic Attention Token, Brickblock, Timicoin, and Sirin Labs Token. Golem (GNT) is another utility token example. This token aims to create an economic system that enables individuals to rent their computing power. In this way, those interested could use said computing power to perform various tasks, thanks to a decentralized network.

What is an equity token?

Equity tokens are a subset of security tokens, representing equity in an underlying asset, mostly a company’s stock, where all the terms and conditions are recorded on the blockchain.

An equity token reflects ownership in an underlying asset, usually the shares of a company. Equity tokens offer a horde of benefits to those who hold them, making them appropriate for crypto investors who would want to participate in the decision-making process of the issuing company.

Equity tokens are regulated by the laws of the country where the issuer is based and guarantees legal protection for its crypto investors. Equity tokens issued via the equity token offering process entitle voting rights to the token holders on matters of the issuing company through the blockchain. Thus, they facilitate a crypto investor’s control of the company in proportion to their holdings.

Equity Token holders have the right to receive a share of the profits as dividends, and the token value is generally not connected to its demand in the crypto market but, instead, to the issuing company’s performance.

Some examples of equity tokens are BFToken, Neufund, Document, and Enegra (EGX).

Utility Tokens Vs Equity Tokens: Key Differences

Crypto Investors who are familiar with equity investing see equity tokens as an extension of the same process as ICOs; on the other hand, those with a greater riskier appetite can consider plonking their capital on the utility tokens.

• One glaring difference between utility and equity tokens is that utility token is not regulated since they facilitate access to a service rather than providing a specific investment in an asset or company, unlike equity tokens. Equity tokens represent ownership and are regulated by the securities laws of the country where the issuing company is based.
• For those willing to know if utility tokens can be traded, the correct answer is that they are the same as equity tokens in this aspect and can be traded on various exchanges.
• Coming to whether you should invest in utility tokens, it should be remembered that the money that you put into a utility token should be weighed against the prospects of the service offered by the issuing company and the probable rise in its demand to generate returns for token holders.
• In contrast, since equity tokens are regulated and issued by firms already in business and provide token holders with voting rights, it seems more tactful to invest in equity tokens for novice crypto investors. This is also because equity tokens are an extension of equity shares on the conventional stock market and are an easy concept for anyone to understand.
• Besides, in the market, greater risks often come with greater rewards. Thus, if you trust the possibilities of a blockchain project such as XRP and want to make early gains, investing in a utility token ICO and riding the demand wave to get handsome returns in the process can be fruitful.

Risks With Utility Tokens?

However, since utility tokens involve a higher risk, it is always advisable to read all the terms and conditions prior to investing money. Understanding the applicable fees imposed on redemption or trading of these tokens on exchanges is also recommended.

The post Crypto Investment 101: Utility Tokens Vs Equity Tokens appeared first on coinpress.

Sandbox Metaverse Projects: Sandbox is unarguably among the top crypto metaverses. Last year saw celebrities, brands, and entrepreneurs investing heavily to have ownership over virtual lands in Metaverse. And the trend is here to stay; the growing popularity of digital assets, NFTs, and decentralized 3D platforms such as Sandbox and Decentraland makes us believe so.

According to a report by a metaverse analytics firm, MetaMetrics Solutions, real estate sales on four leading metaverse platforms – The Sandbox, Decentraland, Cryptovoxels, and Somnium – reached $501 million in 2021. As per a prediction, these sales could reach nearly $1 billion in 2022.

The Sandbox, an Ethereum-based third-largest metaverse, became one of the fastest-growing cryptocurrency games, especially after it appeared in the buying list of famous sportspersons, such as Ana Ivanovic and Marco Verratti. Additionally, renowned brands like Warner Music Group, Adidas, Gucci, Atari, and Snoop Dogg also picked The Sandbox for acquiring virtual lands.

This article will talk about the ten best Sandbox-based Metaverse projects that have been in the limelight lately. But, before we move forward, let us first have a basic understanding of the concept of The Sandbox.

What is The Sandbox?

The Sandbox team is a decentralized virtual world where players can build, own, and monetize their gaming experiences using SAND, the primary utility token of the platform. The project was founded with a vision to offer a profoundly immersive metaverse wherein players can create virtual worlds and games collaboratively sans central authority. The Sandbox virtual world utilizes blockchain technology as well as NFTs to empower the players and creators. One should note that The Sandbox is a subsidiary of Animoca Brands.

Types Of Digital Assets In Sandbox

SAND is the utility token used in The Sandbox ecosystem for transactions and interactions. It is an ERC-20 utility token built on the Ethereum blockchain with a fixed supply of 3,000,000,000 SAND.

The Sandbox Metaverse comprises LANDS, parts of the world owned by players to create and monetize experiences. There will be only 166,464 LANDS available to host games, create multiplayer experiences, build housing, or propose social experiences to the community. As per the Whitepaper of The Sandbox, the Sandbox gaming environment is divided into 5 types of digital assets: SAND, LANDS, ASSETS, GEMS, and CATALYSTS.

Here Are The Top 10 Sandbox Metaverse projects For 2023 List :

Seeing the widespread popularity of “The Sandbox,” various projects have bought land on the platform by entering into partnerships. Some of the best Sandbox-based Metaverse projects in 2023 are as follows:

1. AXA Hong Kong
2. HSBC
3. Standard Chartered Bank (Hong Kong)
4. Atari
5. PricewaterhouseCoopers
6. Samsung
7. Square Enix
8. Gucci
9. Adidas
10. The Walking Dead

1. AXA Hong Kong partners with The Sandbox

Last month, The Sandbox partnered with AXA Hong Kong, a leading global insurer. With this partnership, AXA has acquired a 3×3 LAND, intending to provide an innovative interactive space for its customers. Hong Kong has a vital and growing role in The Sandbox, with the Mega City cultural hub featuring countless Hong Kong companies, artists, and entertainers. Through AXA’s LAND, the company will try to provide fresh digital experiences to its customers, partnering to co-create the future of insurance in the metaverse.

2. HSBC acquires land in The Sandbox

In March this year, the British multinational universal bank HSBC acquired a plot of virtual real estate in The Sandbox to create innovative brand experiences for customers and tap sports, esports, and gaming enthusiasts. The groundbreaking partnership between The Sandbox opens the door for other global institutions to continue innovating in Web3 as consumer adoption demands more robust experiences in the metaverse through decentralized and gamified offerings.

Also Read: My Neighbor Alice: An Introduction To The Play-To-Earn Crypto Game

3. Standard Chartered Bank (Hong Kong) strikes partnership with The Sandbox

Earlier this year, Standard Chartered Bank (Hong Kong) announced its decision to buy a plot of virtual land in The Sandbox’s metaverse’s Mega City district, with support from the bank’s venture subsidiary SC Ventures. The bank maintained that the involvement in the metaverse it to reimagine its relationship with current and possible clients on this new platform and approach to enhance client journeys. Having acquired virtual land in Mega City perfectly fits with the financial service provider’s commitment to boosting its constant presence in Hong Kong, whether physical or virtual.

4. Atari

Iconic gaming company Atari is one of the biggest owners of Land, or virtual real estate, in The Sandbox. In its commitment to developing this Land, recently, Atari launched Sunnyvale, a significant new experiment in the Sandbox metaverse. In Atari Sunnyvale, players have the opportunity to explore each other and interact with non-player characters based on Atari characters. Atari Sunnyvale Experience is based on nine classic Atari games and includes a game based on Crystal Castles. The Sandbox, owned by Animoca Brands, recently announced the latest Alpha Season 3 with 90 new metaverse experiences. Atari Sunnyvale is likely to be launched as part of Sandbox Alpha Season 3.

5. PricewaterhouseCoopers (PwC)

In December last year, accounting firm PricewaterhouseCoopers (PwC) ‘s Hong Kong branch revealed that it purchased a patch of land in The Sandbox. The PWC’s Hong Kong unit has been into blockchain technology and crypto assets for quite some time now. In November 2017, it reportedly said that it accepted bitcoin payments for consultancy services.

6. Samsung

Nobody is unfamiliar with the name Samsung. It has developed an unrivaled global brand for itself. Samsung is a multinational company that offers services in the following industries: advertising, building, entertainment, financial services, tourism, and information and communications technology. Mobile technology is among the most significant. Brandon Hoffman, an investor at Samsung Next, explained that the Sandbox connects the real world and the virtual world and makes the metaverse accessible to anyone when asked why they invested in it. For creators, brands, and yes, investors, the digital opportunities in this metaverse are translating into actual financial gains.

7. Square Enix

Their website states that its mission is to “spread happiness across the globe by providing unforgettable experiences.” This will be accomplished through entertainment, with gaming taking center stage. The entertainment brand led a $2 million investment round for SandBox metaverse, as was reported the previous year. The two areas of development Square Enix will concentrate on are “the inclusion of voxel elements based on the Dungeon Siege” and “the establishment of an interactive piece of land in the platform to allow players to enjoy experiences including Dungeon Siege elements.”

Also Read: What Is Gameta: How To Play Web3 Games On Gameta?

8. Gucci

Guccio Gucci established the business in Florence, Tuscany, in 1921. Gucci, a high-end clothing company and renowned fashion house, has reserved online space on Sandbox for the Gucci Vault Metaverse. It is the first well-known luxury and fashion brand to build a world on Sandbox. The company unveiled Gucci Vault, a testing ground for NFTs, vintage items like Gucci bags, and upcoming virtual programmers in The Sandbox. Gucci establishes the Gucci Vault Metaverse by acquiring virtual land on Sandbox as the first significant fashion and luxury brand.

9. Adidas

After Nike, Adidas is the second-largest sportswear manufacturer in the world and a multibillion-dollar enterprise. It concentrates on creating and producing footwear, apparel, and accessories. Adidas has purchased a virtual plot of land in The Sandbox, which it is working to populate with unique content and experiences. In collaboration with Coinbase, a well-known cryptocurrency exchange, the brand’s digital assets will be safeguarded.

10. The Walking Dead

One of the most well-known TV shows The Walking Dead, is now accessible in the Sandbox Metaverse. The game promotes teamwork among players as they overcome the daily challenges of surviving in a walker-infested environment. Additionally, players can design their own unique adventures using standalone characters and resources like Rick Grimes and Michonne

Conclusion

Though all kinds of people and businesses are increasingly adopting the Metaverse. However, it is still an extremely speculative place with high risk. Future metaverse landlords are keeping an eye on real estate in the virtual space. Also, thinking of owning properties while the land is still affordable. Meanwhile, small investors or businesses wanting a presence in Metaverse can still look for a rental space.

Also Read: SHIBA Inu Metaverse: How do I get metaverse Shiba Inu?

The post Top 10 Sandbox Crypto Metaverse Projects To Watch For 2023 appeared first on coinpress.

In recent years, our viewpoint regarding online games has changed drastically; earlier, gaming was just seen as a source of entertainment, but now it is a means to earn additional income. The credit goes to the metaverse games and other technological innovations like NFT Collections, and blockchain technology.

Today, metaverse games not just provide entertainment but also help you make money by playing them. The models such as play-to-earn (P2E) games and free-to-play (F2P) are continuing to lure audiences on a massive scale. In this article, we have bought you a list of the best metaverse games.

Feature your project

Best Metaverse Games Important Info

Company	Blockchain	Tokens	Interface	Cost	Social Media
1. Decentraland	Ethereum	$MANA	Desktops	Free (in-game purchases)
2. Plans Vs Undead	BNB	PVU	Android	Free
3. My Neighbor Alice	Ethereum	ALICE	Android	Free
4. Farmers World	WAX blockchain	FWW, FWF, FWG	PCs and desktops	Free
5. Axie Infinity	Ethereum	AXS, SLP	PCs, Andriod, and iOS mobiles	$20 (price of 3 Axies)
6. Splinterlands	Hive blockchain	SPS	PCs, Andriod and iOS mobiles	Free
7. Illuvium	Ethereum	ILV	PCs, Mac, Andriod mobile	Free
8. The Sandbox	Ethereum	SAND	PCs, Mac, Andriod, iOS, Blackberry, Amazon Kindle Tablet and Fire TV, Ouya	Free/Paid (Depends on the game)

A metaverse game refers to an online game that allows millions of players to interact with each other in a 3D virtual world. It is a blend of the virtual world, cryptocurrencies, augmented reality, NFTs, and blockchain. Most of these games extensively use NFTs and other blockchain tokens. In these games, participants own virtual items such as real estate, weapons, cars, etc and earn tokens and NFTs as rewards.

The post Best Metaverse Games list For 2024 [Updated] appeared first on coinpress.

The blockchain industry is booming which has presented companies to incorporate the technology in a wide variety of fields and applications. This is also one of the reasons why blockchain conferences are being organized the world over. Blockchain conferences present the ideal opportunity to learn more about the blockchain industry. Attendees can get increased networking opportunities and explore the potential of the technology.

If you are interested in attending blockchain events where various entrepreneurs, experts, companies, celebrities, and others come together, check out the following list of the most important blockchain events of 2022.

Blockchain Economy Istanbul Summit

The Blockchain Economy Istanbul Summit is one of the largest blockchain events in the Eurasia region. This year’s event is the fourth edition of the summit, which is scheduled from July 27th to July 28th, 2022. The Turkey-based event will feature some of the biggest crypto companies and blockchain entities with attendees and participants from over 55 countries. The event is also powered by media partners such as CoinTelegraph, BeInCrypto, CryptoNewz, Finarm, Crypto NewsPoint, and more.

NFT Expoverse 2022

The NFT Expoverse 2022 is a blockchain event to be held in Los Angeles that aims to bring collectors, artists, developers, industry professionals, gamers and game designers, sports fans, and all NFT enthusiasts under one roof. The event is scheduled from July 29th to July 31st at the Los Angeles Convention Center. The event will feature Chase Coleman from Hello Enhance (keynote speaker), Jasmine Cooper from Ripple, Kosala Hemachandra from MyEtherWallet, and Nicole Alexander from Meta, just to name a few.

Coinfest Asia

Coinfest Asia is a blockchain and cryptocurrency event scheduled from August 25th to August 26th, 2022 in Bali, Indonesia. The event is specifically curated for cryptocurrency and blockchain start-up founders, ecosystem builders and people who want to immerse themselves in web3, Gamefi, DeFi, and related technologies. The event will also include a Web3 workshop, presented by BlocksWellDone & Blockchain Talent ID.

The Science of Blockchain Conference 2022

The Science of Blockchain Conference 2022 is another upcoming blockchain event that is scheduled from August 29th to August 31st, 2022 at the Arrillaga Alumni Center, Stanford University. The event will focus heavily on decentralized protocols, formal methods, empirical analysis, application of cryptography, and increasing the overall security and scalability of blockchain deployments.

BlackSeaChain 2022

BlackSeaChain 2022 is a blockchain event that aims to bring blockchain tech and business projects and professionals for a two-day educational and networking event. It is scheduled from 1st September to 2nd September 2022 at the International Hotel Casino and Tower Suites, Golden Sands, Bulgaria. The event presents a perfect opportunity for attendees to explore decentralized economy and finance solutions. Interested attendees can also explore new blockchain trends and use cases, and focus on building transforming technologies. An exciting line-up of keynotes, networking sessions, workshops, and expos are in-store for interested attendees.

Mainnet 2022

Mainnet 2022 is an upcoming immersive, agenda-driven crypto-summit, annually held by Messari. Scheduled from September 21-23, 2022 at Pier 36 on the East Side of Manhattan, the event is expected to host more than 4000 attendees, more than 200 projects, and more than 250 speakers. The three-day event will focus mainly on collaboration, programming, and networking with some of the biggest leaders, operators, and investors. It will cover blockchain technology and related technologies such as Proof of Work (PoW), Proof of Stake (PoS), lightning Demos, Testnet Environments, open source sessions, and more.

To get more information on similar events which focus on blockchain or cryptocurrencies, visit the cryptocurrency calendar

Conclusion

The above list provides a brief overview of some of the biggest and most important global cryptocurrency and blockchain events of this year. Whether you’re a savvy investor, a blockchain diehard, or someone who is just learning about the technology, visiting blockchain events will unlock a lot of avenues of blockchain development.

The post Top Blockchain Events in 2022 appeared first on coinpress.

Our go-to resource for learning anything from paper crafts to technical skills is YouTube. You can visit YouTube, search, and watch a variety of videos if you are interested in learning about cryptocurrency. Alternatively, you can look for the best YouTube channels to learn about cryptocurrency first.

We are confident you are intelligent enough to select the second option. Here’s where this blog can be useful. The list of cryptocurrency YouTubers is carefully curated. They help you stay informed about the most recent developments in the cryptocurrency industry in addition to teaching you about it.

The post Top Crypto YouTubers To Follow in 2025 appeared first on coinpress.

Blockchain conferences and events all over the world offer the opportunity to engage with blockchain and related technologies through educational seminars, demos, and speaking sessions. collaboration and networking. For someone who is interested in blockchain or wants to advance a career in it, blockchain events can be an eye opener. With that being said, let’s take a look at some of the top cryptocurrency and blockchain events in July.

1. ETH Barcelona

ETH Barcelona is an upcoming community-driven Ethereum and blockchain-focused event scheduled from 6th to 8th July in Barcelona. The event focuses on imparting education, focusing on innovation, and displaying art within the fold of blockchain and cryptocurrencies. The 2022 edition of the event is expected to follow the SolarPunk movement and feature a mix of web3 builders, leaders, thinkers, and artists. The event has numerous sponsors and partners such as Polis Parallela, Shrine House, The DAOist, Cryptoplaza, and others to bring us this event. Sponsors for the event include 1inch Network, Tenderly, and Ripio.

2. HackFS 2022

HackFS 2022 is one of the most anticipated hackathon events of 2022, organized by ethGlobal and Protocol Labs. It is an event that provides a platform where participating hackers can use a wide variety of composable technologies to build their hacks. Participating hackers will get connected with developers, experts, mentors, sponsors, advocates, and other community members.

3. Ethereum Community Conference

Ethereum Community Conference is the largest annual Ethereum event in Europe focused on showcasing Ethereum technology and the potential of the community. It is scheduled from July 19-21, 2022 in Paris, France. Attendees will be given an NFT which verifies their identities. The event will feature some great speakers such as HadrienCroubois from OpenZeppelin, Anett Rolikova from Ethereum Magicians, and Lefteris Karapetsas from Rotki.

4. Metaverse Summit

The term Metaverse refers to an expected future version of the Internet that is made up of shared and persistent 3D virtual environments that will integrate with our everyday lives. The Metaverse Summit is one of the biggest Metaverse events which focuses on sharing, learning, and building upon the concept of Metaverse. Scheduled from 16th to 17th July 2022 in Paris, France, the event will focus on advancements in the world of Metaverse, web3, blockchain, and more.

5. ETH Venice

ETH Venice is an upcoming, seven-day event scheduled from, July 11th to July 17th. Each attendee will be given a Proof of Attendance Protocol or POAP. ETH Venice sets the stage for attendees to enjoy a series of presentations, fireside chats, hackathons, and more. An interesting lineup of the day featuring a detailed explanation of Decentralised finance as well as non-fungible tokens, the start of the Hackathon event, and the roadmap of ETH Venice and its future mission, among other things.

6. BIOTC 2022

The Conference on Blockchain and the Internet of Things is an upcoming event scheduled for July 8th to July 10th, 2022 in the International Conference Center-Waseda University located in the Central Library of WASEDA University, in Tokyo, Japan. It welcomes authors, presenters and listeners under one platform where they will discuss and talk about all things blockchain. Additionally, the event will give an opportunity for authors to publish their papers on relevant topics, which will be checked and assessed by professionals.

7.  ETH Seattle

ETH Seattle is an upcoming Ethereum-focused in-person conference, scheduled for July 8th, 2022 at 731 Westlake Ave N, Seattle, WA 98109. Organized by Dystopia Labs, the event promises to deliver multiple side events, meet-ups, organizing panels, quality time opportunities, and networking opportunities for the Ethereum community. It also focuses greatly on the evaluation of the state of web3 technology.

8. Vietnam Blockchain Summit

The Vietnam Blockchain Summit is an upcoming annual event which is scheduled from July 21st to July 22nd in Hanoi, Vietnam. It aims to attract a multitude of startups, investors, developers, enterprise leaders, financial institutions, researchers, academics, influencers, and blockchain pioneers for a two-day, action-packed expo. It will focus on four main topics, namely Blockchain, DeFi and Fintech, NFTs and Metaverse, and Web3 through 35 sessions.

9. Mallorca Blockchain Days

The Mallorca Blockchain Days is an upcoming crypto event scheduled from July 14-17, 2022 at the GPRO Valparaiso Palace &Spa, Mallorca. It presents the ideal opportunity for newcomers to sharpen their skills and learn from a lineup of amazing speakers including Thomas Voegtlin from Electrum Wallet, Amir Taaki from Anarchist, and Christian Luecke from Mallorca Blockchain.

10. Mining Disrupt 2022

Mining Disrupt 2022 is one of the world’s biggest Bitcoin and cryptocurrency mining expos and conferences. Organized by Jsbit.com, the event promises a promising mix of keynote sessions, panel discussions, an exhibit hall, an art gallery, an ASIC museum, and several other educational and recreational activities. The event is described as one of the premier digital asset summits in North America, with an aim to explore enterprise solutions. This is the fourth edition of the highly successful event, which has invited blockchain innovators, disrupters, and professionals from all over the world.

July is all set to be jam-packed with Blockchain and Web3-focused events. It will give interested attendees a glimpse of the future of blockchain, decentralized finance, and the Metaverse, just to name a few.

The post Top 10 Blockchain and Crypto Events in July appeared first on coinpress.

For newcomers, cryptocurrencies and blockchain technology can be intimidating concepts to research about. The fledgling sector is at the forefront of the innovative technological revolution that is happening at the moment. However, one of the best ways to find out about cryptocurrencies, blockchain, DeFi, the metaverse and related technologies is by attending cryptocurrency events. This has led to several event and conference organizers around the world hosting more in-person events where crypto-enthusiasts can meet the movers and shakers of this space.

Cryptocurrency enthusiasts, we’ve prepared a list of six of the most exciting upcoming crypto events to mark on their crypto calendar.

1. Time for Consensus 2022

Time for Consensus 2022 is an upcoming crypto-focused event hosted by CoinDesk, one of the most popular news portals for Bitcoin and digital currencies. The event, which is scheduled from 9th June to 12th June in Austin, Texas, will be held in cooperation with the World Economic Forum. It will feature speakers such as Joseph Lubin (ConsenSys), Sam Bankman-Fried (FTX), Changpeng Zhao (Binance) and Mike Novogratz (Galaxy Digital).

2. World Metaverse Show

World Metaverse Show is a Metaverse-focused event which will attract investors, entrepreneurs, governments, technology providers, enterprises and experts from Web3, XR, VFX, 3D, gaming and beyond. Scheduled from 15th June to 16th June, the event will feature speakers such as Julia Myers from NWO.ai, Jamie Burke from Outlier Ventures and Dr Sana Farid from the VR/AR Association.

3. 2022 Global Encryption Investment Expo

The 2022 Global Encryption Investment Expo is one of the most important and largest cryptocurrency events of this year, organised by IFINEXPO. The event, which is scheduled for 15th June 2022 is expected to attract more than 5000 attendees to the 5-star Jumeirah Emirates Hotel in Dubai. This jam packed event will feature multiple speakers and more than 60 of the top financial media and media institutions such as BiYi Cheng from CMC Markers, Yuan Yao from YiRen loan, Jian Ding from GSR Ventures and Jonathan Brewer from IS Prime.

4. The 4Th Annual NFT Industry Event

Known as the “ Superbowl of NFTs”, The 4Th Annual NFT Industry Event is an NFT focused event organised by NFT.NYC looks to attract brands, developers, entrepreneurs, gamers, artists, investors, collectors and enthusiaststo the NFT space. The event, which is scheduled to be hosted across 7 famous venues in Time Square from June 20th to 23rd, 2022, is expected to have more than 1000 NFT community members as speakers. Some of the famous speakers expected at the event include Adam McBride from Amplify, Adam Small from IPAssets Technology, Adam Vallejo from 4Ufoundation andAmyli McDaniel from Mintangible.

5. The Metaverse Global

The Metaverse Global Congress is an upcoming Metaverse-focused conference organised by Questex. The event, which is scheduled from June 28th to June 29th, 2022 in San Jose, California, will provide a platform for companies and start-ups to develop and foster relationships with business leads that they will encounter at the event. It features a star cast of speakers from varied backgrounds such as Alison Alexander from MetaCampus, Caleb Applegate from Enjin, Aaron Brossoit from Golden Shovel Agency, Emily Eitches from Blueberry Entertainment and Dan Holland from Dentsu.

6. The 4th Edition of the Global DeFi Investment Summit

The 4th Edition OF THE Global DeFi Investment Summit is an upcoming event scheduled from 29th June to 30th June focused on discussing DeFi, Metaverse, Gamefi, NFTs and Web 3.0. It is expected that t attract some of the top blockchain pioneers, crypto projects, VCs, and business entrepreneurs who want to usher in the age of decentralised finance. This year’s event is special as it is being held under the patronage of the private officeof His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan. It will feature more than 30 speakers who will shed light on the role played by DeFi in the modern world.

Conclusion

Cryptocurrency events like the ones mentioned above are dedicated live or digital events organised for crypto-enthusiasts, traders and investors. These events can be anything from conferences, festivals and even expos which are hosted by numerous blockchain and cryptocurrency-focused companies. With various activities such as hackathons and workshops added into the mix, these events provide the perfect platform for learning and exploring cryptocurrencies, blockchain, NFTs and related technologies of the future.

The post Top 6 Crypto Events for June 2022 appeared first on coinpress.

Venture capital investment in crypto continues to be massive. A new study has found that in Q1 of 2022, venture capital firms set several new records in their investment in the crypto industry.

Blockchain industry secures over $11 Billion in Venture Capital

The Block Research’s review of blockchain private funding, as well as mergers and acquisitions (M&As), revealed that venture capital firms invested a record-breaking $12.5 billion during the first three months of 2022. This was done in an equally record-breaking 624 financings deal.

The 2022 dollar value of VC investment is a 220% increase from Q1 of 2021. Q1 of 2022 is also the seventh consecutive first quarter in which VC firms have surpassed their previous investment record, according to the report.

The blockchain/crypto sector received nearly $12.5 billion in venture funding, a sector high… The 624 funding deals that occurred last quarter are also a record for the blockchain sector, The Block Research said.

Meanwhile, the NFT/gaming crypto sub-sector was the recipient of the lion’s share of the investment. Projects in the sub-sector made up roughly 36% of all investment deals. In contrast, investments in DeFi projects dropped for the fourth consecutive quarter, as they attracted 20% of the investments.

Equally impressive during Q1 was the number of M&A deals made. There were 56 M&A transactions with a total value of $907 million across the industry. The figure makes Q1 2022 the second-highest quarter by number of M&A and third-highest by volume in the industry’s history.

What has been attracting VC firms to crypto?

During 2022, the crypto industry has seen many seasoned crypto venture capital firms as well as totally new players joining funding rounds. The usual suspects in crypto funding including Andreessen Horowitz, Tiger Global, and Paradigm have made the rounds recently.

Some traditional venture capital firms like Sequoia, and Google Ventures have also participated in funding crypto start-ups to reach new attractive valuations this year.

However, it is worthy of note that venture capital firms have been bullish on the crypto industry since last year. In 2021, VC firms invested over $33 billion in the industry according to Galaxy Digital’s finding.

VCs have continued to bet big on the crypto industry despite regulatory clarity, indicating a firm belief in the long-term prospect of the industry. This is also a testimony of how much the crypto industry, with its valuation of over $2 trillion, has matured and come to be adopted.

The post VC Investment In Crypto Skyrockets, Crypto Startups Raised $12 Billion In Q1 2022 appeared first on coinpress.

IOTA (MIOTA) is an open-source distributed ledger and cryptocurrency designed to record and execute transactions between machines and devices in the Internet of Things (IoT) ecosystem. It uses the Tangle consensus algorithm that requires a user to validate two transactions in order to execute their own transaction. IOTA is one of the top 50 cryptocurrencies in the cryptocurrency market. We will recommend the top 5 IOTA faucets to earn IOTA by completing simple tasks.

Crypto faucets in one such tool which pull a lot of people towards it due to their free offerings. It has also become a great way to advertise and market a coin. For people who are unaware, crypto faucets are websites or apps that provide cryptos in exchange for completing micro tasks like viewing ads or solving small puzzles or captchas.

There have been various faucet websites that have become famous and have attracted a lot of people. However, not all had been actually profitable due to an unplanned activity or working on faucets that dispensed not-so-valuable coins.

Before jumping onto the top 5 IOTA faucets, let’s first look at what exactly is IOTA and why the community is optimistic about it.

The post Top 5 IOTA Faucets – All You Need to Know appeared first on coinpress.

Bitcoin and Ethereum, the world’s largest crypto currencies, were trading 5.6% and  10% lower for the week, respectively, while crypto market capitalization sank by at least $160 billion this week.

A bulk of the losses can attributed to tensions over a Russian invasion of Ukraine, which had hurt equities and foreign exchange. But crypto markets were also unsettled by Canada banning more than 30 wallets  related to the “Freedom Convoy” protest.

The move, which was part of a broader crackdown that targeted funding sources for the protest, drew widespread ire from the crypto community.

The government said more accounts would likely be frozen, and that individuals and entities will face full sanctions in connection with the protest. The Freedom Convoy is a nearly month-long protest started by truckers in opposition to COVID-19 vaccine mandates.

Crypto Companies Criticize Canada’s Actions

Jesse Powell, chief executive of crypto exchange Kraken, criticized the blacklist in a series of tweets, and urged investors to consider using non-centralized wallets.

100% yes it has/will happen and 100% yes, we will be forced to comply. If you're worried about it, don't keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p.

— Jesse Powell (@jespow) February 18, 2022

Powell also said  that centralized exchanges would have no choice but to comply with government regulations, and that decentralized exchanges would allow investors to protect their funds.

“If you’re worried about it, don’t keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p.”

Binance CEO Changpeng “CZ” Zhao and Coinbase head Brian Armstrong  expressed concerns over the move, while Ethereum founder VItalik Buterin called the blacklist “dangerous”, in an interview with Coindesk. 

The Justin Trudeau administration recently invoked emergency powers that allow it to freeze individual accounts without needing court approval. Trudeau himself has publicly condemned the protests.

The post “We Will Be Forced To Comply” Crypto Exchanges Raise Warnings As Canada Blacklists Crypto appeared first on coinpress.

Bitcoin remains firmly at the center of the plans of Nayib Bukele, the president of El Salvador. The government of the Central American country will send about 20 bills to its Congress that will give legal backing to Bukele’s plan to issue Bitcoin Bonds.

Per a Reuters report, the Finance Minister of El Salvador, Alejandro Zeleya, stated that the bills will cover financial markets and investment in securities, especially those backed by crypto assets. However, he did not state when the draft bills would be handed to the lawmakers.

(This is) to provide a legal structure and legal certainty to everyone who buys the bitcoin bond, Zelaya said.

El Salvador first announced plans to issue Bitcoin bonds in November last year. The country hopes to raise $1 billion through the bond issuance to fund plans for the construction of a “Bitcoin-City,” as well as, fund further purchases of Bitcoin. The Bitcoin City will be constructed near a volcano to harness hydrothermal energy according to the plan. It will also be a fully-fledged metropolis with residential and commercial areas and will have no taxes except value-added tax (VAT). Construction is planned to begin in 2022.

El Salvador pushed on with its crypto plan despite criticisms

El Salvador made Bitcoin legal tender in September last year, allowing for its use as a parallel currency with the dollar. Since legalization, El Salvador has bought a total of 1370 Bitcoins to its treasury, scooping it up whenever there is a downward price correction in the market. It has also invested its gains from the investment in the construction of a hospital and plans to build several schools.

In the midst of this, there have been criticisms targeted at the move. Observers including the IMF, the World Bank, and the Bank of England have called the move a risk to the economy of the country. Within the country as well, several groups have opposed the adoption of Bitcoin as legal tender. Recently too, there have been complaints about Chivo wallet, the official Bitcoin wallet of the country. Citizens have noticed that Bitcoins have been disappearing from their wallets due to an unknown glitch.

However, the Bukele led government of the country is not relenting in its experiment with Bitcoin. Bukele even recently made some significant Bitcoin predictions for 2022 that state his confidence in El Salvador’s plans around Bitcoin. Two of the predictions he made were that the construction of Bitcoin City would commence this year and that the Bitcoin bonds or volcano bonds would be oversubscribed.

Additionally, he predicted that the price of Bitcoin would reach $100,000 even as two more countries elevate it to legal tender status and that Bitcoin would be a major issue in this year’s U.S. election.

The post El Salvador will bring Legal Clarity to Bitcoin Bonds Issuance Via New Laws appeared first on coinpress.

One of the key industries responsible for the expansion and evolution of the NFT market is “Play to Earn aka P2E”. Axie Infinity (AXS) is a Play to Earn (P2E) game that not only came with the sole aim of rewarding players with economic opportunity but introducing blockchain, in the simplest and most exciting way.

WHAT IS AXIE INFINITY (AXS)? 

Axie Infinity (or “the Project”) is a digital pet universe, inspired by the world famous Pokemon game, where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets (known as Axies). Currently, players can start the game by purchasing Axies from other players in the Marketplace.

• KEY METRICS

Ticker                            AXS

Initial Circ. Supply.    59,985,000 AXS (22.22%)

Total Token Supply     270,000,000 AXS

Launchpad Sale Price   0.10 USD / AXS

CORE FEATURES

Axie Infinity is an ERC- utility token that is leading the digital gaming world. It offers significant facets to its platform, such as:

• BATTLE: Players whose pets (Axies) are to win monetary rewards can combat each other to attain these.
• BREEDING: Axies bred to create new offspring. 
• LAND: Vast real estate of homes and bases for all Axies can upgrade over time using a variety of resources and crafting assets. Marketplace: A decentralized marketplace for trading Axies with global players. 

USES CASES

The AXS token is the ERC-20 utility token of the platform and is use for: 

• Governance: AXS token holders will stake their tokens and take part in governance voting, pushing the community forward.
• Staking: Rewards are assigned to players weekly as they stake their AXS token. 
• Payment: Players can use the AXS token to play games and conduct payments.

IS AXIE INFINITY A GOOD INVESTMENT? 

Axie Infinity, currently valued at $4.16B with a mark price of $68, has shown great uprising from its initial launch of $0.17 in just a year. Showing strong user activity and 100x competitive bridge, AXS is best advisable for those seeking a long-term investment.

• AXSUSDT Weekly Price Chart Analysis

The AXSUSDT price chart entered an uptrend after the RSI closed above the level-75. Ever since the close above the RSI level-75, the price failed to reach the level-25, an indication that we are still in strong uptrend.

Following the start of the uptrend by the RSI, buying pressure continues to increase on the weekly chart of the AXSUSDT viewed as a price close above bearish inside bar on 18 Jan ’21, and 28 June ’21.

Last weeks price closed below the open, signaling another bearish inside bar, setting the stage for another price surge above the 13 Sep ’21. Divergence patterns on the AXSUSDT chart also confirm the uptrend with hidden bullish divergence on 01 March ’21 and 24 May ’21. A third bullish divergence pattern is gathering momentum.

Forming a confluence with another impending breakout of resistance [71.54], we could see an upbeat of the AXS price.

Market Cap projections (10x, 100x, etc.) and demand/supply scenario for the AXS Token

The AXS token has a max supply of 270 million, and about 23% currently in circulation.

One of the ways we measure demand for a crypto project is to pair its token against Bitcoin BTC.

As shown above, the AXSBTC Weekly chart reveals a massive demand for the AXS token compared to Bitcoin, with the bulls breaking through crucial resistance levels.  Also on the chart, is a hidden bullish divergence pattern on 31 May ’21, and a more recent one building up after the 13 September resistance.

Following the project review, fixed maximum supply, and price analysis done so far, we expect the AXS price to skyrocket by about 5X in the long term.

The AXIE INFINITY Project Road Map

Axie Infinity has had yearly objectives of dual target since 2018. Follow the project roadmap below.

• 2018: Idle battle game released 
• 2019: Axie Land marketplace released
• 2019: Live battle system released 
• 2020: Mavis Hub released 
• 2020: Ronin Sidechain testnet Launched and Start of the migration for Lands and items to Ronin. 
• 2021: Start of the migration for Axies to Ronin.
• 2021: Launch of Axie Battle beta and launch of Land Gameplay Community Alpha. 
• 2021: Launch of Staking Dashboard and an enabling staking rewards, decentralized governance, and Play to Earn for AXS. 
• 2021: Release of Axie Infinity on iOS and Android. 
• 2022: Release of Lunacia SDK alpha. 

PARTNERSHIPS

Axie Infinity has quite a few, but good quality partnerships and collaboration with; 

• MakerDAO: A decentralized stable coin insurance platform. Here, Axie Infinity could help MakerDAO for their in-game DAI reward distribution.
• SAMSUNG, where the Axie Infinity game is currently available in the Samsung wallet.
• Kyber Network. An on-chain liquidity protocol. Axie Infinity integrated with Kyber Network for meta-transaction token swaps during the Land sale in early 2019.

COMPETITION ANALYSIS

Analyzing the top two gaming tokens regarding Axie Infinity core features include;

• ENJIN COIN: As the third based Crypto gaming token valued at $1.12B, Enjin coin is an ethereum based cryptocurrency used to back the value of NFT in gaming, creating and transfer of tokens for gaming across platforms, but it’s limited in creation as in Axie Infinity. 
• DECENTRALAND (MANA): valued at about 1.25B is the second largest gaming token also ethereum based, focused solely on creating high latency 3D virtual reality, making it less susceptible to Axie Infinity core features but paves a driveway in virtual improvement for AXS. Axie Infinity stands to gain more tips for optimal improvement from its direct and indirect competitors.

• TRANSACTION FEES

Axie Infinity charges a 4.25% fee when players buy and sell Axie NFTs in its marketplace and collecting fees for breeding axies to create new ones. These fees are paid as Axie Infinity Shards (AXS) 

For Enjin Wallet, estimated transaction fees are set automatically to allow for a quick transaction. Therefore, they are not fixed like Axie Infinity.

Last, for Decentraland (MANA) the fees aren’t fixed, just like Enjin. Transaction fees on binance shows an exorbitant amount of fees such as 43.0 MANA for a transaction, making Axie Infinity the best among its competitors.

• SECURITY

Decentraland runs on the Ethereum blockchain, which runs on the energy proof of work consensus algorithm. Same goes for Axie Infinity and Enjin, hence no comparison as they all run on the ethereum blockchain.

The post AXIE INFINITY (AXS) Project Review and Q4 ’21 Price Projection appeared first on coinpress.

The cryptocurrency ecosystem witnessed the largest decentralized finance (DeFi) hack on the interoperable Poly Network today. The hack saw a total sum of about $610 million removed across the Binance Smart Chain (BSC), Ethereum, and Polygon Network. The hack, discovered when a transaction on O3 Protocol could not process a transaction worth $150 million, comes off as one of the largest breaches to a named protocol after CoinCheck’s $530 million breach.

The unforeseen event has stirred a number of controversial conversations about the security assurances of DeFi projects, in contrast with their centralized counterparts. Weighing on this matter is Changpeng Zhao, Binance’s Chief Executive Officer, popular known on Twitter as CZ. According him, he noted that both CeFi and DeFi protocols are unique in themselves, and that both have different risk characteristics which users are supposed to be familiar with before using them.

A big DeFi hack. Brings up a few controversial topics:

1. is CEX or DeFi safer? Well, they are just different. They have different risk characteristics. Learn about how to use them safely before using them. (read my previous tweet)

— CZ Binance (@cz_binance) August 10, 2021

The seeming confusion might want to make some to consider the use of fiat and legacy banks for transactions. However, CZ said he does not think fiat are in anyway safer, highlighting its weaknesses, the Binance boss said fiat is fraught with inflation, high transaction fees, and the challenge of banks preventing users from accessing their own funds.

2. Is fiat safer then? Well, it's different again. It's your own judgement. Inflation, high fees, and banks preventing you from spending your money.

— CZ Binance (@cz_binance) August 10, 2021

How Can the Blockchain Network Be Hacked

Many blockchain protocols are supposedly pitched by creators to be immune to breaches, however, the current happenings as it relates to multi-million dollar exploits is saying otherwise. CZ says the possibility for any blockchain network or decentralized application to be hacked depends on how the smart contract was written designed.

While not common, there is a 51% risk of attack in mainstream blockchain networks and despite the low possibility of this risk being initiated, users are still supposed to know about it and act accordingly.

In all, Changpeng Zhao noted that nothing is risk free, and that in helping to freeze the funds from the addresses of the hacker, a lot of analysis will have to be done by centralized exchanges, that is if the funds are deposited their.

4. Why are CEX CEOs busy while a DeFi gets hacked? We do try to help. While we can't freeze funds on blockchains, if those funds land on our CEX (@binance), we will (try to) freeze them. So, we have a lot of blockchain analysis to do. Nothing is easy. We try.

— CZ Binance (@cz_binance) August 10, 2021

The post Binance CEO on Largest DeFi Hack: Nothing is Risk Free appeared first on coinpress.