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Cryptocurrencies/Coins/Splintershards (SPS)
Splintershards price, market cap on Coin360 heatmap

Splintershards(SPS)

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$0.076912
(3.9%)
0.00000313 BTC
Market Cap (Rank#345)
$60,824,815
2,474 BTC
Vol 24h
$421,288
17.1342 BTC
Circulating Supply
790,837,125.35
Max Supply
3,000,000,000
19 days agocryptodaily
Caduceus Partners with Lord Botham to Launch Cricket into the Metaverse
London, England, 23rd July, 2022, ChainwireCaduceus: https://caduceus.foundation/ Cutting-edge Metaverse blockchain tech company Caduceus has partnered with British sporting legend Lord Botham to launch an exclusive new NFT collection on the Light Cycle platform. This bold move from the cricketing Hall of Famer introduces the world of cricket to the metaverse for the first time and showcases the endless possibilities of web3 technology. Lord Botham was reputedly known as one of English cricket's greatest ever all-rounders and well respected as a sports commentator and charity fundraiser. His skills, determination and unique character transcended the game and made him not only an on-field star, but a leading sports personality. Now the undisputed sporting great leads from the front once again as he shows his desire to be the first to take cricket into the metaverse by launching his NFT on Light Cycle, the first 3D Metaverse platform to provide a multiuser 3D experience that allows customers to engage with their favourite brands and celebrities through online immersion. Ian “Beefy” Botham wants to give back to his loyal fans by allowing them access to his legacy by offering an unprecedented utility. Having spent months of research into this new marketplace, he has partnered up with Caduceus, the very first Metaverse-ready blockchain. He will be kicking things off with an NFT collection that will allow access into Beefy’s world like never before. If you are new to this space, fear not as he will be offering some vital tutorials to ensure everyone can be involved. Lord Botham says, “Like most people, I’ve been hearing a lot about the Metaverse and NFT’s, I’ve done my research and am delighted to be launching my ‘Beefy Botham’ NFTs on Light Cycle which is powered by the caduceus Blockchain. I have made some tutorials to help my existing fans and will be able to offer them unique user experiences as well as education, very excited to be taking Cricket to the Metaverse.” Tim Bullman Caduceus CEO says, “We couldn’t be more thrilled that Lord Botham and the team at Light Cycle chose us to partner with, to take cricket to the Metaverse. The Caduceus Blockchain has many USPs. The NFT collection will be listed on the Light Cycle platform, which we will power. We can not wait to take you all with us. Watch this space, there’s a lot more to come!’ The benefits of this partnership are two-way and go far beyond just selling and collecting NFTs. It will provide a benchmark for what can be done in the web3 space when combined with a global sport. It is sure to attract a whole new generation of young cricketers to the metaverse, and introduce cricket to those already invested in the metaverse. There will be educational benefits and deeper levels of audience interaction as well as new levels of gamification as part of this exciting journey. Sara Ezen of Light Cycle says, “It was a no-brainer to partner with Caduceus and launch this collection on our platform as they are simply the best in class to offer a truly 3D Metaverse experience. Lord Botham’s team have worked with a world-renowned studio to create the ‘Beefy Botham’ NFTs to list and trade on our platform, we look forward to announcing further plans.” Caduceus is the world’s first metaverse protocol with the ability to make 100,000 super low-cost transactions per second with decentralised edge rendering. It has been designed to provide the infrastructure layer for metaverse development and is a developer-friendly, easy-to-use underlying public chain platform that comes with its own complete set of development tools that enable the building, financing, and cross-chain portability of 3D worlds and digital assets from metaverse to metaverse. Caduceus's ecosystem native token CMP will be adopted in this grand project which is set to launch cricket into the metaverse in ways never seen before. As well as news of these two partnerships, Caduceus have been very busy following a popular appearance at the Metaverse Summit in Paris and announcing their new token CMP. Bybit, the world's top digital asset trading platform, is to formally launch the new Caduceus token CMP on July 25th, 2022. Several worldwide digital asset trading platforms including Bitget will also be listing the token. About Caduceus Caduceus is the Metaverse protocol for decentralised edge rendering, and an infrastructure-level open blockchain platform specifically built for the metaverse and the decentralised digital world. It’s manufactured with next-level processing power and rendering capabilities and has been formed and developed by prominent investors and blockchain specialists. About Light Cycle Light Cycle is a 3D Metaverse platform tailored for fashion, entertainment, gaming, filming, music, sports, real estate, retail and NFT. Powered by Caduceus’ unique decentralised edge rendering power, allows Light Cycle to build this amazing platform. As part of the Light Cycle road map, it includes a content management system that enables uploading virtual content and assets, building diverse venue models and land purchasing. This will allow businesses to engage with their own community and also enables global users to interact with their favourite brands and celebrities in a 3D environment. About Lord Botham Ian Botham was not merely the top English cricketer of the 1980s but the leading sports personality. He commanded endless newspaper headlines as his career surged improbably and within a year of being elevated from Somerset to his England debut in 1977, he was undisputed as the country's leading allrounder. Within three years he was captain and led England to a historic Ashes win with both batting and bowling performances that have gone down in history.ContactsAlex JukesJukebox [email protected]
30 days agocryptodaily
Binance Obtains License to Operate as Virtual Asset Service Provider in Spain
Cryptocurrency exchange Binance has secured registration by the Bank of Spain to offer cryptocurrency trading and custody services via its Moon Tech subsidiary. The license allows Binance to operate complying with the country’s anti-money laundering (AML) and counter-terrorist financing (CTF) rules as required by the Spanish government. As it stands, more than 17 companies have received this licensing from the government. Moon Tech Spain was granted registration by the Bank of Spain on July 7, 2022, after having applied on January 28, 2022. Regulating The Cryptocurrency Ecosystem In Spain One of the world’s largest cryptocurrency exchanges, Binance, has received a license to operate as a Virtual Asset Service Provider (VASP) in Spain. The certification was granted after Spanish authorities found that the exchange through its subsidiary Moon Tech Spain, complies with all the necessary AML/CTF regulation established by the country’s central bank. The Bank of Spain is responsible for overseeing compliance with AML/CTF rules for VASPs that offer exchange services for euros and other currencies for cryptocurrency assets. Bit2Me was the first cryptocurrency platform in the world to be recognised by the Bank of Spain as a provider of services for exchanging virtual currency for fiduciary currency and custody of electronic wallets. It received such recognition in February 2022. Spain joins other European countries that have successfully secured registration to be VASPs, with France and Italy obtaining regulatory approval in May 2022. “Effective regulation is essential for the widespread adoption of cryptocurrencies. We have invested significantly in compliance and introduced AMLD 5 and 6 compliant tools and policies to ensure that our platform remains the safest and most trustworthy in the industry. Moon Tech’s registration in Spain is an acknowledgment of the hard work and commitment of our teams to providing a platform that places user protection above all else,” Founder and CEO of Binance, Changpeng Zhao commented. Digital asset service providers have seen a massive uptake in demand for cryptocurrency trading and wallet services in Spain in recent times, with the Director of Binance Spain, Quim Giralt, stating that the company intends to hire local talent to facilitate the growth of the cryptocurrency market in the country. He noted: “Following this registration, we will significantly expand our team and operations in Spain to make our services more accessible to everyone. Over the coming years, we will be hiring local talent to serve the Spanish-speaking market and helping to grow the local crypto ecosystem.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
30 days agocryptodaily
Hong Kong Introduces Draft Legislation to Treat Cryptocurrency Exchanges Like Traditional Finance
Hong Kong lawmakers have introduced new legislation tailored to regulate the cryptocurrency space and aim to implement a new licensing regime for crypto service providers. The proposed law governing cryptocurrencies will boost Kong Kong’s leap into the virtual asset market and will also bring their providers into the mainstream of the island’s financial services sector. Amendments Set to Align Cryptocurrency Sector With Traditional Finance Amendments have been introduced to govern the cryptocurrency market in Hong Kong and now await approval from members of the Legislative Council of China’s special administrative region. The Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 was published in the government gazette in June and needs approval in two separate readings to become law. The authors of the draft seek to review the bill to introduce licensing for virtual asset service providers (VASPs) and enrollment for dealers in precious metals and stones. The objective of the bill is to use the force of the law against tax evasion and counter-terrorism-based financing commitments on the businesses operating in the two aforementioned sectors. If, for instance, entities working with cryptocurrencies want to introduce a trading platform, they would have to procure a license from the Hong Kong Securities and Futures Commission (SFC) and would have to comply with several requirements. Under the new legislation, the SFC will be charged with ensuring that VASPs show their asset listing and trading policies, proper financial reporting, and disclosure, as well as establishing appropriate mechanisms to prevent market manipulation, abusive activities, and conflicts of interest. According to Andrew Leelarthaepin, crypto exchange Bitstamp’s managing director for Asia Pacific, in an article published by the South China Morning Post, the amendments are almost identical to those that would apply to traditional institutions in the financial services industry, and they should meet comparable standards. He sees crypto firms as part of Hong Kong’s financial framework and comments: Put simply, VASPs can expect to be regulated to the same standard as our institutional clients. The law recognizes VASPs as peer organizations within the financial services sector. The proposed set of regulatory and statutory measures marks a significant step in mainstreaming cryptocurrencies within Hong Kong’s financial sector. This matters for two important reasons. For one, regulating cryptocurrencies within the realm of traditional financial services helps to further investor protection. They operate as customer protection-like measures and act to further investor participation and confidence in the ecosystem. Secondly, traditional investors feel very secure when operating in a regulated space with a set rules-based system developed by financial regulators. Consequently, many institutions will wait for further regulatory clarity before entering a new market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
40 days agocryptodaily
Landmark MiCA regulation package approved by EU regulators
The European Parliament and the Council Presidency have agreed upon landmark crypto regulation, with negotiations resulting in the Markets in Crypto-Assets (MiCA) proposal, which will provide clear rules for crypto issuers, and focuses heavily on the regulation of stablecoins. EU officials structured the MiCA proposal after negotiations took place in Brussels on Thursday, with the aim of increasing the regulatory purview of cryptocurrencies in Europe, particularly stablecoins and crypto asset issuers. The press release outlining the negotiations of the MiCA agreement has set out the structuring of a register of non-compliant CASPs, specifically “those operating in the EU without authorisation or those who bypass the regulation.” The register set out in the proposal would enable authorities to shut down non-compliant CASPs and support efforts to support data protection and fight money laundering. The European Parliament’s Committee on Economic and Monetary Affairs drafted the MiCA regulation package in April after ​​the first proposal to introduce MiCA in September 2020. The MiCA proposal is the first comprehensive regulation of digital assets in Europe. Ernest Urtasun, Greens/EFA Vice President and Shadow Rapporteur on the Markets in Crypto Assets Regulation, noted: “MiCA will be the first comprehensive regime for crypto-assets in the world and will contain strong measures to guard against market abuse and manipulation. The crypto sphere is rife with risk and open to abuse and attack. We want to ensure that investors will have guarantees of protection for their assets and privacy, and that we avoid cases like the recent crypto-crash with retail investors losing all their money because of badly designed products or scams. Crypto-asset service providers (CASPs) operating in the EU will now be subject to EU rules." Stefan Berger, a member of the Christian Democratic Union (CDU), was the lawmaker who led negotiations on behalf of the European Parliament strongly opposed a ban on proof-of-work (PoW)-based assets such as Bitcoin during the negotiations, and was the representative appointed to report on the outcome of the proposed bill: “Today, we put order in the Wild West of crypto assets and set clear rules for a harmonized market that will provide legal certainty for crypto asset issuers, guarantee equal rights for service providers and ensure high standards for consumers and investors,” In line with the newly agreed upon rules, stablecoins will be required to maintain sufficient reserves to support mass withdrawals, and they will also face a cap, limited to 200 million euros in transactions per day. In addition, The European Securities and Markets Authority (ESMA) will be given additional powers to restrict or ban crypto platforms that do not protect their investors. The proposal will also address environmental concerns of cryptocurrency, with crypto issuers being required to declare their environmental and climate footprint. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
62 days agocryptodaily
Secure Peer-To-Peer Communication Based On Blockchain
From hand-written letters transported by horse-drawn carriages to a few taps on a screen, the ways in which people communicate change as technology evolves. Blockchain, the defining technology of the decade, is the next leap forward. The Power Of Blockchain Effectively, blockchains are long lists of transactions that are maintained and added to by groups of people connected over the internet. These groups are typically called networks, and they ensure that the data stored in blockchains is accurate using automatic processes called consensus mechanisms. Consensus mechanisms settle disputes in the case that attackers were to add counterfeit transactions to a blockchain. In this case, network members compare their blockchain records with the counterfeit transactions, and reject them. Consensus mechanisms enable cryptocurrency networks to settle transactions without central authorities like banks and payment processors, making fraud virtually impossible, and enabling people to save on fees. Blockchain’s Role In Communicatio A new secure messaging app, TokLok, is supporting its development with blockchain. TokLok uses two-layer encryption and advanced privacy techniques to ensure that all message contents, including attachments, are completely private. All communications are contained within private rooms that hosts have full control over. Users can only join these rooms if they are invited, ensuring that prying eyes never catch a glimpse of information that isn’t intended for them. TokLok works well for individuals that need to discuss sensitive topics, or simply don’t want others snooping through their private lives. Businesses and institutions, too, benefit from the level of privacy and security that TokLok provides – trade secrets and mission-critical plans are totally safe. Though these features already make TokLok the most secure and private messenger in the world, TokLok’s leading team of industry experts is pushing the envelope even further. TokLok’s next phase of development involves a secure bluetooth mesh network. Enabling users to send messages directly between phones, this mesh network will entirely remove the need for cellular networks, SIM cards, GMS, WiFi, or ISPs. To support the development of their secure mesh, along with future features and security updates, TokLok is going public via an ICO, or Initial Coin Offering. According to Investopedia, ICOs are the cryptocurrency industry’s equivalent of an IPO, or Initial Public Offering, which is the process by which companies traditionally go public. ICOs utilize blockchain technology and smart contracts to safely and efficiently distribute tokens, saving on processing times and costs. During TokLok’s ICO, the company is selling TOL tokens. Holders with any amount of TOL tokens may see their investments grow as more users sign up for TokLok’s service. Holders with 1000 or more TOL tokens gain lifetime free access to the app, and holders with 5000 or more TOL tokens are entitled to a share of TokLok’s total revenue. After making their purchase, investors will receive tokens via the blockchain. TOL is an ERC-20 token, so all distribution will be efficiently and safely handled by the Ethereum network. By holding TOL tokens, investors are playing a key role in creating a future where people can have truly private and secure conversations, free of censorship, surveillance, and hackers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
83 days agocryptodaily
Ripple Partners With Lithuanian Firm For Cross-Border Payments
San Francisco-based payments company has entered into another partnership deal with Lithuanian FinTech firm FINCI to facilitate cross-border payment services. New Market Opens Up For Ripple The news of the deal was announced via a press release. Under the partnership, Ripple, which has been a leader in enterprise blockchain and crypto solutions will be providing RippleNet’s On-Demand Liquidity (ODL) services, which leverage XRP to enable cross-border payments in crypto. This will make room for instant and cost-effective retail remittances and B2B payments. As Ripple’s first customer in Lithuania, the partnership also represents the opening up of a new market for the RippleNet ODL. The MD for Ripple’s Europe operations, Sendi Young, has stated, “Cross-border payments have traditionally been slow, complex and unreliable. ODL is the first enterprise-grade solution to address these cross-border payment problems by tapping into global crypto liquidity, giving our customers a completely new way of doing business to help them grow and scale. We’re delighted that FINCI is our latest ODL deployment in Europe and are looking forward to soon announcing additional European partners who are preparing for a crypto-enabled future.” Ripple has continued flourishing outside the United States, despite its ongoing legal battle with the SEC. In fact, the firm is also working on launching a crypto trading marketplace called Liquidity Hub to offer crypto trading services to enterprise clients. FINCI Clients Get The RippleNet Advantage FINCI is an online international money transfer provider based out of Vilnius, Lithuania, that will now be able to allow its customers to make seamless payments between Europe and Mexico while eliminating the need for pre-funded accounts. Cross-border payments pose a real challenge for payments service providers (PSPs), especially those catering to Small and Medium-Sized Enterprises (SMEs). These businesses are forced to put money towards prefunded accounts and end up trapping a significant chunk of their capital. On-Demand Liquidity services like RippleNet allow these smaller enterprises to release their capital from these pre-funded accounts and redirect the funds towards scaling their business. The deal will also empower remittance-senders to leverage a quicker, more reliable, and low cost alternative to legacy payment systems. Addressing the partnership, FINCI CEO Mihails Kuznecovs said, “We’re excited to be working with Ripple to make it easier for FINCI customers to move money around the world. We share the same fundamental goal of removing the hidden inefficiencies affecting international payments. What’s more, the savings and operational improvements we’ll achieve by using Ripple’s ODL will allow us to put money back into the business and enhance our offering to our customers.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
105 days agocryptopotato
Cuban Central Bank to Issue Licenses to Virtual Asset Service Providers
Cuban central bank has revealed that licenses for VASPs will be available from May this year.
113 days agocointelegraph
Half of assessed jurisdictions don't have 'adequate laws and regulatory structures' — FATF
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information.
118 days agocryptodaily
Sports Betting and Gaming Giant, Entain, deploys Syntropy to improve network performance for mission-critical applications.
Entain plc (LSE: ENT) is one of the world's biggest sports betting and gaming companies. Entain owns some of the most recognizable brands in gaming: Ladbrokes, bwin, PartyPoker, Sportingbet, and BetMGM. Entain has a network of more than 40 geographically distributed private data centers. Each data center is unique in terms of the applications it hosts and the regulatory requirements applicable to its market. A typical data center can host hundreds of apps and process hundreds of thousands of transactions each day. Entain's clients demand 24/7 access to the platform, which is completely spread across numerous data centers. Entain undertook a technical Proof of Concept (PoC) deploying Syntropy's technology before becoming an official Syntropy customer. Entain has integrated Syntropy technology into its cutting-edge enterprise technology stack to improve overall network performance. Syntropy is a transformative Web3 connectivity company, leveraging blockchain technology to create an open, user-centric connectivity system that meets the voracious network demands of Web3 applications, metaverse, and gaming. The company's technology resolves the current constraints of the public internet, including security, privacy, performance, and reliability, that impact both companies and end users. The Syntropy Relay Network is an overlay network that runs over the public internet. This global digital fabric links together the best-connected ISPs, clouds, data centers, and endpoints to build a network of networks that provides the highest possible performance and security. Entain implemented Syntropy Agents and evaluated the effect of routing traffic over the Syntropy Relay Network, measuring latency and packet loss. “Entain’s use of Syntropy represents the beginning of a major paradigm shift as enterprises embrace Syntropy’s blockchain-enabled decentralized network routing protocol as they transition to the emerging Web3 model that brings increased requirements for network performance,” comments Dom Povilauskas, CEO at Syntropy. Throughout the evaluation, the Syntropy Relay Network consistently lowered latency by twofold. Along with the latency and packet loss reductions mentioned above, Syntropy’s distributed autonomous routing protocol (DARP) was able to identify and route around an incident of network performance deterioration significant enough to create an extended outage. Entain, pleased with the Proof of Concept's accomplishment, opted to become a customer of Syntropy, validating the need for a performance-based routing protocol for enterprises looking to innovate in the Web3 landscape. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
173 days agocryptodaily
Partnership Announcement: Chirpley and LVT Capital
February 17th, Amsterdam, The Netherlands.Chirpley is the new Web 3.0 influencer marketplace that enables end-to-end automated influencing campaigns through artificial intelligence, machine learning, and blockchain technology. The decentralized platform redefines the influencer ecosystem by operating entirely in the interest of its end users: nano and micro-influencers and the marketers who need them.Chirpley is pleased to announce LVT Capital as its newly appointed advisor and strategic partner. Chirpley is a platform that was created with the goal of forming a decentralized organization that works solely for the benefit of small influencers and marketers. Using Artificial Intelligence and Machine Learning to automate campaigns to make them more time and cost efficient. LVT is an industry renowned VC, advisory, incubator and accelerator. A few of the projects invested in by the LVT Team include Sidus, Kasta, Ternoa, Symbiosis Finance, Zignaly, IQ Protocol and other industry cornerstones as well as advised Path DAO, Cheddar Block Games, Algoblocks & The Fabled. What both entities bring to the table Chirpley’s vision of carving a niche in the influencer marketing industry and forming a future conglomerate is shared by LVT Capital. We also agree with LVT’s investment thesis of backing great business models, defendable USPs, and scalability. LVT Capital will support Chirpley’s vision to intelligently match influencers and marketers through strategic industry introductions and multi-industry partnership opportunities. Chirpley will work closely with LVT on identifying and working with strategic partners, exchanges & talent from LVT’s extensive network. We also look forward to providing LVT Capital with a powerful platform for the expansion of their advisory clients and partner’s success. We are excited to be a part of this blue-chip alliance, and we share the ideas of forward-thinking vision, adoption, and growth that will benefit the growth of the blockchain industry to the masses. The future of Chirpley and influencer marketing Chirpley recognizes that nano and micro-influencers are the future of influencer marketing. The platform promises to liberate small-scale influencers by enabling them to finally earn a living. With this comes empowering marketers by eliminating the stress, time, and inefficiency that typically accompanies working with smaller-scale influencers. Now that Chirpley and LVT Capital have joined forces, the potential is limitless. Important links: Discord Telegram Telegram (announcements) Twitter YouTube TikTok Instagram Docs Website Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
174 days agocryptodaily
Emirati authorities prepare federal licenses to expand crypto in the UAE
The United Arab Emirates is preparing federal licenses that will enable global companies to conduct their business within the country. The country is also gearing up to build its own crypto mining ecosystem. Bloomberg recently reported UAE’s plans to create a crypto-friendly space in the Emirates, building on their existing legislation and inviting more VASPs (Virtual Asset Service Providers) to operate in the country. These plans to further situate the Emirates as a crypto-friendly nation Dubai follows existing regulation that has enabled some regions in the UAE to become crypto-friendly regions. In Dubai, for example, around 22 crypto platforms have been given licenses to operate as VASPs. Dubai recently revealed details of a new plan for a "crypto hub" in the global city, which aligns with the city's plans to become a progrssive economic sector. The Dubai Government Media Office revealed the plan to set up a crypto hub in the Dubai World Trade Center, which is part of the digital transformation of the city. The Dubai Government Media Office noted in a statement: “The Dubai World Trade Centre will collaborate with the private sector and relevant entities in Dubai to create an attractive environment for the sector, and enforce rigorous standards for investor protection, Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT) compliance and cross border deal flow tracing," The Securities and Commodities Authority is currently in the process of finalizing legislation that will enable VASPs to be set up across the country, with Binance expected to be one of the crypto companies that is ready to expand across the nation. As part of the regulatory expansion of cryptocurrencies, The bloomberg article reported that a UAE official stated that the government intends to build an ecosystem for crypto mining, but is also mindful of the concerns associated with crypto mining, including cybercrime. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
175 days agocointelegraph
UAE reportedly plans to issue federal crypto license for VASPs
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018.
223 days agocryptodaily
Entering 2022, Splinterlands Looks Forward To Community-led Governance & Biggest Update Yet
Splinterlands, now officially the #1 blockchain card game, enjoyed exponential growth in 2021, amassing millions of new users who've been enticed by the opportunity to trade, battle monsters, earn money and have tons of fun in the process. The game's innovative use of cryptocurrencies and NFT-based items meant it was able to claim pole position in DappRadar's list of most popular blockchain-based games in September with more than 400,000 daily active users - proof that not only can it grow, but successfully retain its existing user base too. Exponential growth in 2021 The proof is in the pudding and the numbers make for an astonishing read. Splinterlands boasts an incredibly strong player retention rate, with approximately one in four new signups going on to become long-term players of the game. That has helped it grow its user base to an impressive 1.5 million unique wallets. On the gameplay front, it counts more than one billion battles in the past six months, averaging a cool 60 million battles per day. Splinterlands' economy is generating big money too, with an average of $80,000 worth of cards being traded on its platform each day, and its biggest-ever single purchase in October involving the sale of a land region for more than $700,000. Last month, it also saw its single-biggest card sale at just shy of $50,000. Now, as we enter 2022, the growing Splinterlands community is set to play an even more important role as the game finally makes its long-awaited switch to a community-based governance model. It promises to be a key development for Splinterlands, which is a play-to-earn card trading game built on the Hive blockchain. Players get to trade NFT cards and battle monsters for rewards in the shape of one of the game's two cryptocurrency tokens - Dark Energy Crystals ($DEC), which can be traded for bitcoin, Ethereum and then exchanged for fiat. The earnings potential is undoubtedly a big attraction for a large proportion of its players, but the introduction of its community-led governance could well be even more enticing for its most dedicated fans. Splintershards to enable decentralized governance Community governance will be enabled through Splinterlands' second crypto token - Splintershards ($SPS). The first coins were launched via an airdrop in July and were highly sought after because they will enable holders who stake $SPS to play a key role in decision making. Once the voting mechanism is established with the launch of validator node software (set to happen in the first quarter), holders will be able to make proposals and vote on how the funds held in the SPS Foundation's treasury will be spent. So they'll be able to vote on issues such as providing liquidity to automated money maker pools as a means of generating revenue for the game, distributing funds back to $SPS holders, new products and services and so on. In other words, Splintershards will evolve to become a truly decentralized game, with the players themselves deciding on its future direction. For the most dedicated players, the ability to participate in the important decisions is a big deal, but that's far from the only thing to look forward to in 2022. Splinterlands is also set to release what it says will be its biggest-ever update, transforming the game with the addition of two new cards that will have a big impact on the outcome of battles. There will also be a brand "empire-building" game mechanic that's required to mint those new cards, ensuring their creation is completely dependent on the players themselves. Other updates on the New Year roadmap include the launch of "Riftwatchers", a new mini-edition of cards that players can only buy with $SPS tokens. The proceeds of the Riftwatchers sales - estimated at $12 million - will beef up an SPS Foundation treasury that already holds more than $4 million in value in the form of multiple cryptocurrencies. We should also see the debut of a new $SPS reward pool for ranked battles in the second half of the year, enabling players to earn $SPS after each victorious battle. That's an important addition, because Splinterlands will complete its final private investor sale of $SPS in April, before the final $SPS airdrop takes place in July. Splinterlands might already be the king of blockchain games, but as its roadmap for the next year shows us, it has every intention of keeping hold of that crown. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
288 days agocryptonomist
Bank of Spain opens register for digital asset operators
After months of waiting, the Bank of Spain has opened the mandatory registry for all digital asset operators (VASPs) in the country The post Bank of Spain opens register for digital asset operators appeared first on The Cryptonomist.
357 days agobitcoinexchangeguide
Crypto Compliance Platform Shyft Begins Mainnet Deployment with Binance, Deribit, Tether & Other Big Exchanges
The project has initiated the phased deployment of Veriscope, which will help VASPs determine the difference between honest transactions and data attacks to comply with FATF’s Travel Rule. The post Crypto Compliance Platform Shyft Begins Mainnet Deployment with Binance, Deribit, Tether & Other Big Exchanges first appeared on BitcoinExchangeGuide.

About Splintershards

The live price of Splintershards (SPS) today is 0.076912 USD, and with the current circulating supply of Splintershards at 790,837,125.35 SPS, its market capitalization stands at 60,824,815 USD. In the last 24 hours SPS price has moved 0.002089 USD or 0.03% while 428,280 USD worth of SPS has been traded on various exchanges. The current valuation of SPS puts it at #345 in cryptocurrency rankings based on market capitalization.

Learn more about the Splintershards blockchain network and how it works or follow the price of its native cryptocurrency SPS and the broader market with our unique COIN360 cryptocurrency heatmap.

Splintershards Price0.076912 USD
Market Rank#345
Market Cap60,824,815 USD
24h Volume421,288 USD
Circulating Supply790,837,125.35 SPS
Max Supply3,000,000,000 SPS
Yesterday's Market Cap61,484,950 USD
Yesterday's Open / Close0.075658 USD / 0.077747 USD
Yesterday's High / Low0.078213 USD / 0.07322 USD
Yesterday's Change
0.03% ( 0.002089 USD )
Yesterday's Volume428,280.03 USD
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