PRESS RELEASE. MEW, a cat-themed token on the Solana blockchain, partners with animation studio LOCUS to create a new 3D animated series. MEW is the first worldwide entertainment brand and retail product line started by a memecoin community. LOCUS produces 3D animations and TV series primarily in the Korean market. After raising about .5 million […]
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The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […]
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Hashgraph Association Partners With Saudi Government to Launch Deep Tech Venture Studio
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Animoca Game Studio to Launch BTC-Based Metaverse Token, Signaling New Era for Bitcoin
Animoca Brands subsidiary Darewise Entertainment has announced plans to launch the first-ever metaverse token for the Bitcoin blockchain. The studio says the new token aims to power a full ecosystem on Bitcoin for gaming, brands, and real-world experiences.
Bitcoin Enters the Metaverse: Darewise and Animoca Brands to Pioneer New Token
Darewise disclosed that the upcoming token marks a pivotal moment for Bitcoin as it expands beyond a store of value into powering a robust cultural ecosystem. The Animoca Brands’ startup made the announcement at the Token2049 event in Singapore.
The metaverse token will enable features like in-game assets, virtual lands and more for Life Beyond, Darewise Entertainment’s metaverse project. Life Beyond represents a new frontier for Bitcoin’s capabilities according to Yat Siu, co-founder and executive chairman of Animoca Brands.
“With the advent of the Ordinals protocol, we’re witnessing a pivotal moment for Bitcoin as it extends its reach and introduces the concept of culture. High-quality gaming is one of the keys to mass adoption, and we’re thrilled that our AAA studio Darewise Entertainment is working on this untapped opportunity,” Siu said.
To realize the launch, Darewise Entertainment is collaborating with Horizen Labs which has prior experience assisting with blockchain launches. Horizen Labs will provide technical services to build important applications and tools to further the Ordinals ecosystem on Bitcoin.
Benjamin Charbit, co-founder and CEO of Darewise Entertainment, said the companies are just getting started exploring Bitcoin’s potential. “To achieve that potential we need to roll up our sleeves and build, and that’s the essence of our partnership with Horizen Labs,” he said.
Over the next few months, Darewise Entertainment plans to unveil new technological breakthroughs that will power Life Beyond and other metaverse projects. The goal is to ensure robust utility exists on the network when the new token launches.
What do you think about the metaverse project being built on Bitcoin? Share your thoughts and opinions about this subject in the comments section below.
Cashtokens Upgrade 3 Months Out: BCH Developers Building NFT Creator Studio, Marketplaces, Wallets, and More
With the Bitcoin Cash network’s May 15 Cashtokens upgrade now three months behind us, bustling development in non-custodial wallets, marketplaces, non-fungible tokens (NFTs), games, and other applications continues unabated. Paytaca wallet CEO Joemar Taganna notes that “improvements in consensus building” and “new and powerful upgrades to the protocol” showcase several parties “working together to make the peer-to-peer cash revolution happen.”
Little Green Monsters, Gurus, Cats, and Prediction Markets
After the May 15, 2023 Bitcoin Cash upgrade, which effectively enables smart contracts onchain for BCH by utilizing unspent transaction outputs (UTXOs), much development has been ongoing on the network surrounding Cashtokens, a feature that has inspired the creation of numerous non-fungible tokens (NFTs) and marketplaces like tapswap.cash.
NFT sales and trading activity are still modest compared to other networks, with marketplaces in their nascent stages, and decentralized exchanges (dexs) in test phases. That notwithstanding, development has been occurring at an industrious pace in the background, as advocates of Cashtokens point to the power of the upgraded chain to enable even more types of permissionless peer-to-peer exchange directly onchain, for lower fees than other leading protocols. Some NFT collections of note include Emerald DAO, Bitcats Heroes Club, and BCH Gurus.
As developer Jason Dreyzehner mentioned to Bitcoin.com News back in May: “Suddenly it was possible to build very efficient, UTXO-based decentralized applications while preserving important features of Bitcoin Cash: stateless transaction validation (low fees) and zero-delay re-spending (fast transactions).”
Paytaca, creator of the Cashtokens-friendly Paytaca wallet, is now working on a tool to enable anyone to create their own NFTs via a project called Cashtokens Studio. CEO of Paytaca Joemar Taganna is also involved with the Bitcats Heroes Club NFTs. Taganna told Bitcoin.com news:
There is a need now for a tool for the general public that will allow anyone to create tokens using the Cashtokens protocol. Currently, the process is largely manual, so it is tedious and error-prone. That’s why we are building Cashtokens Studio.
One popular NFT project springing up after the May upgrade has been the BCH Gurus. This project is a multi-dimensional NFT endeavor which is currently building price prediction games fueled by NFTs and other tokens on the new protocol.
“The Cashtokens upgrade has allowed for an entirely new ecosystem to develop directly on Bitcoin Cash mainchain,” the BCH Guru Team told Bitcoin.com News via Telegram, elaborating: “The BCH Guru combines the fun and addictive element of a uniquely designed NFT collection, along with a fungible token (Furu), allowing users to play price prediction games onchain through a Cashtokens smart contract.”
Community and Tech Developments, Crypto Custody Ethos
Noting that Cashtokens’ simple token primitives “that can allow you to create most (if not all) of defi applications you see in other chains” will require some tooling developed from scratch, Taganna says his group is “happy to take on part of that huge challenge.” Speaking of Bitcoin Cash development over the last few years, the Paytaca CEO notes:
“The BCH community is becoming more vibrant and productive, a breath of fresh air from the prior years of political conflict leading to splits. We now have individuals, dev teams, and entrepreneurs, supported by well-aligned donors / investors, all working together to make the peer-to-peer cash revolution happen.”
Part and parcel of refusing to compromise on Satoshi Nakamoto’s vision for a money which can’t be censored and can be traded with no need for a financial institution — an ethos enthusiastically championed by many in Bitcoin Cash communities — is keeping complete control over one’s crypto. Non-custodial bitcoin cash wallets supporting the Cashtokens upgrade include Paytaca, Electron Cash, Cashonize, and Zapit.
What are your thoughts on this story? Be sure to let us know in the comments section below.
Aurory Project: The Leading Web3 Gaming Studio on Solana
Blockchain games are taking the gaming industry by storm by introducing new rewards systems for players and participants. Introducing Aurory Project: the Solana and Serum-powered blockchain gaming platform that brings the Web2 gaming excitement to the decentralized space.
Aurory is a fantasy RPG game that uses play-to-earn gaming mechanisms, enabling players to roam the vast digital world and be rewarded for their participation. In addition, the platform has developed a PvE mode allowing players to traverse between Antik and Cryptos, two distinct worlds where they meet in-game creatures called Nefties. The magical creatures can be caught or traded as they become an integral part of the entire JRPG experience.
The platform is pushing to decrease the entry barrier for decentralized gaming, making Web3 gaming more accessible to players by diversifying their offerings. As previously noted, Aurory offers a PvE mode with the scope of making the transition between Web2 and Web3 gaming more seamless. In addition, the game also features a PvP Multiplayer mode where players can challenge each other and win prizes and participate in giveaways based on their winning history.
The platform has launched its own utility token, $AURY, through a successful IDO launch. Holders of in-game currency $AURY can stake their tokens on the Aurory platform, thus using their tokens to generate additional passive income or purchase in-game assets to improve their hero’s attributes. At the time of writing, $AURY tokens are available on FTX, KuCoin Raydium and Orca.
The Competitive Team Advantage
As Aurory’s narrative continues to evolve, the project has onboarded top-class experienced developers and creatives who’ve worked for AAA studios. In addition, every team member who contributes to the visual identity and development of the game has more than 10 years of experience in Web2 game development, making them an indispensable asset for creating a converging gaming experience.
Stephan Carmignani is Aurory’s Creative Director and has 22 years of experience working for major game development companies such as Ubisoft, EA, and Warner Brothers. In addition, Simon Lallemand joined Aurory as the Environment Art Director and has over 15 years of experience in the field, working for companies such as Ubisoft and Gameloft.
Jonathan Campeau has recently joined Aurory as Executive Producer working for more than 18 years for the likes of Ubisoft, EA, and Gameloft. Jonathan has contributed to the release and development of games such as Prince of Persia or Far Cry 6 and has also produced VR and AR games in the past.
Tristan Yver and Darren Lau have been onboarded by Aurory as advisors due to their unmatched experience in the decentralized field. Tristian has developed FTX and Serum, while Darren has co-authored Coingeko’s first eBook: ‘’How To DeFi’’. Their expertise is an asset that has and will help Aurory to stand out.
The Stand Outs
With GameFi only progressing into mainstream attention, the look and feel of most games are still basic and murky. Aurory, on the other hand, mimics the UI, UX, and graphics of established Web2 games. Given the studio’s rapid expansion and ability to target a more significant market segment, Aurory Project has gained support and capital funding from Alameda Research, CMS Holdings, or Jump Capital.
Moreover, the studio has received funding from Animoca Brands, which has previously invested in trademark games such as Axie Infinity. NFTs and GameFi are the new bread and butter of the decentralized ecosystem. To ensure faster integration of blockchain into gaming habits, users need to gain exposure to games like Aurory through partnerships with established esports companies. They recently partnered with TSM FTX, the global esports organization, to release their first branded NFT collection on Solana. TSM became crypto-friendly after signing a 0 million dollar deal with FTX.
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