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1h agocryptodaily
At least 1 quarter of Aussies to buy crypto over next 12 months
In spite of being concerned over impending crypto industry regulation, at least a quarter of Australians have plans to invest in crypto over the next 12 months according to an annual survey by exchange Swyftx. Cryptocurrency exchange Swyftx has just published its Annual Australian Crypto Survey for 2022, and the findings are quite surprising considering that the industry is in the depths of crypto winter and that the macro landscape for all asset classes appears to be incredibly uncertain. Bullish on crypto future Not only were Australians relatively bullish on the crypto industry as a whole but they also made gains over the past 12 months, with an average of $11,013 made per Australian. Looking to the future, Australians were certainly bullish on crypto. The survey reported that 26% of adults in the country were planning to buy crypto over the next 12 months, with approximately 1 million of these not currently owners of crypto. Presumably many of these would be new entrants to the crypto market. Australians who hold crypto are enthusiastic about the longer term future of crypto, with 66% saying that they would like to include crypto in their ‘super fund’. However, among the older baby boomer generation, only 5% said that they would include crypto in their super fund. 38% of current or past crypto holders have crypto in their super fund. Barriers to crypto adoption The main barrier to crypto adoption for those Australians who have not yet taken the plunge is that they believe that the sector is not sufficiently regulated. 44% of Australians hold this view, and consider crypto to be untrustworthy as a result. 39% consider themselves to be uneducated on crypto and don’t understand how it works, and 34% are worried about the amount of volatility that can exist with crypto tokens. 3 out of 10 Australians say that they would be more likely to invest in crypto if it were regulated, but 17% of Australians say that this would actually make them less likely to invest, quite possible promoting the idea that cryptocurrencies are more valuable without government regulation. Those with higher financial acumen buy crypto It appears that those who really understand the financial implications of crypto are in the majority of those who buy it. The survey showed that 61% of Australians who currently hold crypto reported a high, to very high level of financial literacy. 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.
3h agocryptopotato
Terra Classic Plunges 13% on Do Kwon News, Bitcoin Struggles at $19K (Market Watch)
Do Kwon's red notice reportedly issued by Interpol has driven Terra's native cryptocurrency south hard.
4h agocoindesk
Bank of America Says Cryptocurrencies Continue to Act as Risk Assets
Ether continues to slide as investors shift to a wait-and-see approach regarding future upgrades, the bank said in a research report.
4h agocryptopotato
3A-level Game Zalmoxis Landed on MEXC Launchpad – Hold 10 MX or USDT to Participate
[PRESS RELEASE – Please Read Disclaimer] From 16:00 on Sept. 23 to 15:59 on Sept. 27 (UTC), the cryptocurrency trading platform MEXC will hold the latest event on its launchpad. The event project is Zalmoxis (KOSON), an AAA-level massively multiplayer online role-playing game (MMORPG) game developed by Wenmoon Studios Ltd. It is known that MEXC’s […]
4h agocryptopotato
Blockchain Bame PROJECT XENO Collaborates With Floyd Mayweather Jr
[PRESS RELEASE – Tokyo, Japan, 26th September 2022] CROOZ, Inc. (Listed on Tokyo Stock Exchange Standard Market; Head office: Shibuya-Ku, Tokyo; CEO: Koji Obuchi; hereinafter: CROOZ) has announced that the blockchain game known as “PROJECT XENO” under development by CROOZ is going to collaborate with Floyd Mayweather Jr. who is a former professional boxing world […]
8h agocryptodaily
Blockchain game “PROJECT XENO” collaborates with Floyd Mayweather Jr.
Tokyo, Japan, 26th September, 2022, ChainwireCROOZ, Inc. (Listed on Tokyo Stock Exchange Standard Market; Head office: Shibuya-Ku, Tokyo; CEO: Koji Obuchi; hereinafter: CROOZ) has announced that the blockchain game known as “PROJECT XENO” under development by CROOZ is going to collaborate with Floyd Mayweather Jr. who is a former professional boxing world champion in five weight classes. Collaboration with Floyd Mayweather Jr. As announced earlier, the token that is published by EPOCH FACTORY and used in “PROJECT XENO” is just about to be listed on the Cryptocurrency exchange “MEXC Global” on 3rd of Oct. “PROJECT XENO” is going to launch the first auction and for this memorial event, the project will collaborate with Floyd Mayweather Jr. The company will hold an NFT auction, including special limited Mayweather characters. Prizes for the participation will also be distributed for winners. For further information about the collaboration, please visit following URL: For further information about the first auction, please visit following URL: Upcoming in-game token listing (“GXE”) on MEXC Global on 3rd of Oct The token “GXE” published by EPOCH FACTORY which will be used in “PROJECT XENO” a blockchain game is going to be listed on the Cryptocurrency exchange “MEXC Global” on 3rd of Oct. The PROJECT XENO team hopes that this special event will raise awareness to this project, and will continue to expand the community. MEXC Global is known as a leading exchange of high performance and transaction matching technology. Founded in 2018 and currently caters to more than 6 million users in more than 70 countries around the world., MEXC Global aims to become the go-to platform for new traders and experienced investors as they move forward in their financial journey. YouTuber "Hikaru" has been appointed as an ambassador “PROJECT XENO” reached an agreement with The YouTuber “Hikaru”, one of the top and most popular YouTuber in Japan who has more than 4.8 million subscribers to become an ambassador. This year, which is said to be the first year of Web3, is attracting increasing attention to blockchain and NFTs as the next generation of the World Wide Web. Hikaru, who continues to challenge a lot of new efforts, has been appointed as the ambassador for the project.. XENO will continue to take on new challenges that will create a new wind in the NFT game industry with Hikaru and provide new experiences to everyone. "I am grateful to be appointed as the ambassador for “PROJECT XENO”, said Hikaru. "As some of you may know, my career as a YouTuber was started from a gaming channel. My starting point will challenge the industry that is attracting attention in the future. I will for sure fully enjoy these challenges! And I hope my viewers on YouTube and all parties related to the “PROJECT XENO” will also enjoy the project!" he adds. About "PROJECT XENO" PROJECT XENO is a tactics game with GameFi and e-sports aspects. Players who own NFT characters can acquire tokens and NFTs by playing this game. They can also trade NFTs seamlessly through the in-app wallet and marketplace. Their earnings are securely stored in the "General" in-app account. For further information, please visit the web site or follow the official Twitter account. PROJECT XENO: PROJECT XENO Official Twitter(JP): PROJECT XENO Official Twitter(ENG): About CROOZ Blockchain Lab, Inc. Crooz Blockchain Lab, Inc. is a company that focuses on blockchain technology and game development, and also a consolidated subsidiary of CROOZ, Inc. About CROOZ, Inc. CROOZ, Inc . is an "EC solution company" that develops multiple services related to the EC area, centered on " by CROOZ". Based on the know-how and achievements cultivated through " by CROOZ", we aim to become a leading company in the EC solutions field. Inquiries PR department, CROOZ, Inc. Email: [email protected] *The impact of this business on the consolidated earnings results of the current fiscal year is minor. CROOZ, Inc. Head Office :Ebisu SS building 1F, 4-3-14 Ebisu, Shibuya-Ku, Tokyo, JAPAN Established :May 24th, 2001 Capital :460.16 million yen(as of the end of March in 2022) Description : -Formulate management strategies for group companies as a pure holding company -Invest in subsidiaries -Formulate management targets and support efforts to attain the targets CROOZ Blockchain Lab, Inc. Head Office :Ebisu SS building 1F, 4-3-14 Ebisu, Shibuya-Ku, Tokyo, JAPAN Established :September 19th, 2018 Capital :40 million yen(including capital reserve. as of the end of March in 2022) Description :Planning and consulting services in the FINTECH area and NFT game planning and operation servicesContactPR [email protected]
8h agocryptodaily
SUMOTEX Presale Goes Live, First Protocol To Spearhead USD 250 Mil Tvl Tokenisation Worth Of Real Estate Upon Ido
Kuala Lumpur, Malaysia, 26th September, 2022, ChainwireSUMOTEX is a revolutionary coin that is currently in its presale status. The project is developed on the vision of the cofounders of bringing web3 into real estate and institutional finance. Started out as an NFT project on the IoTeX blockchain, Sumotex has quickly gained traction and popularity within the ecosystem and has risen to become one of the top projects. The protocol solves one of the largest and most pressing issues that is long present in real estate and institutional finance, liquidity. Sumotex AssetFi protocol tokenizes off-chain assets such as real estate, bonds, company shares and investment funds. Sumotex calls it (Tokenise-to-earn), where everybody will be able to tokenize their real estate/ real-world assets on the protocol where INSTANT liquidity is achieved. It is already proven as there are used case with Sumotex where they will be tokenizing a portfolio of real estate in Malaysia worth 2.5mil USD (Announcement: The CEO of Sumotex, Dexter mentioned: “ We are finalizing the details of a mega tokenization project on our protocol worth 250mil USD. It will be a mixed development with a Development Value of 1.1 Billion USD”. The blockchain community has never seen anything like this where liquidity is achieved almost instantaneously. In Sumotex's roadmap, Sumotex has also mentioned that they will be issuing the world's first over-collateralized Real Estate back stable coin, where asset’s owner will be able to tokenize their assets, choose to deposit their assets into Sumotex stablecoin vault for stablecoin issuance at a margin. With the vision, capability and potential of SUMOTEX’s goal of bringing web3 to traditional real estate and institutional finance. This presale is not one to be missed where Phase 1 goes for 0.07USD per SMTX while listing price on Uniswap will be 0.10USD per SMTX. Users can buy here: TG: About Sumotex Executive Summary Founded in 2021, Sumotex was established to revolutionize the long stagnated real estate industry. Traditional (Web2) Real Estates are known to be illiquid, expensive, and vague where we think that it is time for web3 Real Estate to take over. Our NFTs carry a special trait: Ownership to our investments (metaverse or off-chain assets). Furthermore, they will be able to stake their NFT on the IOTEX blockchain while mining token from the Ethereum Network. SMTX Token Institutional finance has always been the foundation of our economic growth, and a paradigm shift towards blockchain is unavoidable. SUMOTEX always believes that the stagnated institutional finance and real estate sector is poised to be disrupted with our Web3 solution, the AssetFi protocol. Our protocol is based on the tokenization of off-chain assets ( Real estates, bonds, funds, company shares). ContactPublic RelationsAdam [email protected]
9h agocointelegraph
Breaking: Interpol 'Red Notice' issued for Do Kwon — South Korea prosecutors
The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems' cryptocurrencies.
18h agocryptodaily
California Vetoes Crypto Licensing and Regulatory Framework
California Governor Gavin Newsom has vetoed a cryptocurrency bill that would establish a licensing and regulatory framework for digital assets, claiming it was “premature.” Governor Gavin Newson of California has refused to sign a bill that proposed bill that seeks to create licensing requirements for cryptocurrency companies in the state. The bill, which was sponsored by Democrat Assemblyman Tim Grayson, was passed by the state assembly and senate on September 1. The Digital Financial Assets Law, or Assembly Bill 2269, sought to allow the issuance of operational licenses for crypto firms in California. Opposing the notion, Newsom recommended a “more flexible approach” that would evolve over time while at the same time considering the safety of consumers and related costs. He added: It is premature to lock a licensing structure in statute without considering boththis work (in-house efforts to create a transparent regulatory environment) and forthcoming federal actions. Newsom said that the bill, as it stands, requires loaning “tens of millions of dollars” from the state’s general fund: Such a significant commitment of general fund resources should be considered and accounted for in the annual budget process. The Governor added that he is waiting for federal regulations to “come into sharper focus for digital financial assets” before his office would work with the Legislature to establish cryptocurrency licensing initiatives. 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.
19h agocryptodaily
Estonia Issues First Crypto License to Crypto Service Provider
The Financial Intelligence Unit of Estonia has issued its first license to a cryptocurrency service provider under the country’s new regulatory framework that came into force in March 2022. Striga Technology Issued the First License Under New Crypto Regulatory Framework The Estonian Financial Intelligence Unit (FIU) this week announced that it had issued a license to Striga Technology OU to provide cryptocurrency services in the country: Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide a virtual currency service since the amendments of the Money Laundering and Terrorist Financing Prevention Act entered into force on 15 March 2022. The FOI is an independent governmental agency under the jurisdiction of the Ministry of Finance with the goal of preventing money laundering and terrorist financing in the country. The firm which was issued the license is a subsidiary of Lastbit Inc. – a U.S. technology company. Under the previous, less stringent framework, the Estonian FIU said that 318 licenses had been issued to crypto service providers since the beginning of the year. The Money Laundering and Terrorist Financing Prevention Act, which became active in March, strengthened regulations against virtual asset providers (VASPs) while assuring customers and traders in the region that they would not be affected. The Ministry of Finance said: This means that the legislation does not contain any measures to ban customers from owning and trading virtual assets and does not in any way require customers to share their private keys with wallets. The just of the new law is that it requires VASPs to provide identities for their customer, but not private keys. Should a VASP not be able to provide identification, the provider is expected to “implement real-time risk analysis.” The legislation also amends those who are capable of obtaining approval to operate in the country as a VASP. The Ministry of Finance added: Under new rules, the Financial Intelligence Unit can decline a license where the entity does not have any business operations in Estonia nor has any apparent connection to Estonia. Finally, one of the most stringent requirements of VASPs under the new legislation is the addition of capital requirements, which makes it much more difficult for smaller companies to obtain approval to operate within Estonia. VASPs will be required to have a minimum of 125,000 or 350,000 euros of share capital, depending on the type of service offered, increased from the current floor of 12,000 euros, the Ministry of Finance concluded. 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.
21h agocoindesk
How Crypto Sectors Are Trading Through the Dollar Strength 'Tsunami'
Not all cryptocurrencies are the same; how they react to a world with inflation and higher interest rates greatly depends on what sector they are in.
21h agocryptopotato
Ripple Price Analysis: After 30% Weekly Gains, Can XRP Continue to Soar?
Ripple, as the fourth-largest cryptocurrency by market capitalization, saw increases of over 30% during the last 7 days, according to CoinGecko.  The price extended to nearly $0.56 on Friday but got quickly rejected. Technical Analysis By Grizzly The Daily Chart The XRP/USDT trading pair reached a key support turned resistance level, for the first time […]
22h agocryptosrus
All the reasons why everyone is bullish about XRP now
Of late, XRP has received a lot of media attention, in part due to its legal disputes with the SEC and partly owing to its appreciating price trend. In fact, data from LunarCrush indicates that XRP’s social engagements and mentions have also seen a favorable response lately. XRP is ranked above 3,800 cryptocurrencies on LunarCrush’s […] The post All the reasons why everyone is bullish about XRP now appeared first on CryptosRus.
23h agonulltx
Top 5 Centralized Exchange Tokens Below $10 Unit Price to Add to Your Portfolio in September 2022
Cryptocurrency which includes centralized tokens are digital assets developed and managed by the Central Exchange. A centralized exchange, as the name suggests, is a business that manages and supervises all cryptocurrency on-chain transactions. It also establishes the rules for the system and determines the transaction fees. Centralized Exchange Tokens have a total market capitalization of […] The post Top 5 Centralized Exchange Tokens Below $10 Unit Price to Add to Your Portfolio in September 2022 appeared first on NullTX.
23h agocryptodaily
Comparing Axie Infinity and Cardano to Big Eyes Coin Next-Gen DeFi Services
Crypto projects like Axie Infinity are known as Game-Fi platforms because they reward members for participating and being active within their ecosystem. The Cardano project also aims to become a fully decentralized platform with proof-of-stake functionality. In contrast to these two DeFi platforms, Big Eyes Coin enters the crypto space with new goals and a desire to trump pre-existing projects. Big Eyes is not a quick money scheme; instead, it intends to be a long-term project, setting new records in the crypto space. Big Eyes: Merging A Utility Token with Its Eco-friendly Goals Big Eyes is a crypto project with unique goals and characteristics. The Big Eyes crypto project has features to set it apart from other meme projects. Its developers carefully studied the crypto space before designing their project. While Big Eyes remains a meme-inspired crypto project, it is not a "Make money and exit" platform. While Big Eyes intends to make money, it will redistribute these proceeds back to its community members. Thus, it will have the support of its loyal crypto community, keeping it afloat alongside thousands of crypto projects with a short life span. In addition to improving the financial status of its members, the Big Eyes project is keen on implementing further change in the human community. Big Eyes has devoted part of its resources to charitable organizations. It aims to bring about change in the environment by educating people and moving them to action to prevent ocean and environmental degradation. As a cat-themed crypto project, it intends to do this to have a lifetime supply of fish as food. Thus, Big Eyes cares about its members all over the globe. Its support behind these movements to solve environmental problems will help improve its members' quality of life. This support will also publicize its benefits to the world, attracting more people to its platform. The Big Eyes Crypto Project Compared with Axie Infinity and Cardano Axie Infinity is a virtual gaming platform. Operating on blockchain technology, it allows its users to profit from trading non-fungible tokens. The Axie Infinity Game-Fi platform involves players engaging in battle to determine who has the strongest army. Each player can build an army of Axies. These are NFT-like digital assets that look like monsters. Each Axie is unique and has unique metadata securely stored on blockchain technology. These Axie can be cared for in the Axie Infinity virtual land. They can be grown and mated to create new Axies. However, these Axies' unique features depend on their parent's characteristics. The Cardano crypto project is a blockchain designed to rival the Ethereum network. It operates as a proof-of-stake protocol, utilizing Ouroboros, a new type of proof-of-stake protocol. Cardano operates as a multilayered blockchain to make its network fast and cheap. It separates its computational and accounting layers, preventing congestion within its ecosystem. Axie Infinity and Cardano have their primary cryptocurrency for their platforms. Axie Infinity has two digital assets, Axie Shards (AXS) and Smooth Love Portion (SLP), that serve as reward tokens. The AXS token also serves as a governance token within the Axie Infinity ecosystem. ADA tokens are governance tokens within the Cardano ecosystem. It gives all holders voting rights to determine the future of the Cardano project. Holders can also stake ADA tokens for rewards. Buy The Big Eyes Presale Today Unlike ADA and Axie Infinity tokens, Big Eyes Coin is yet to be fully released. In the coming months, it will become available on the Uniswap platform. This DEX will make it easy for the Big Eyes tokens to gain popularity and be easily purchased. If you are interested in becoming part of Big Eyes, follow these steps to buy the presale. Install and fund your Metamask wallet with USDT, ETH, and BNB. Visit the Big Eyes website presale section via Connect your wallet and select your cryptocurrency deposit. Approve the transaction to finalize the purchase. Conclusion Big Eyes Coin has the potential to become the most significant crypto token ever created. Its edge-cutting features will prove to be richly rewarding. Buy the presale to enjoy its benefits. Big Eyes Coin (BIG) Presale: Website: Telegram: Disclaimer: This is a sponsored pressrelease andis 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.
1 day agocryptosrus
Vitalik Buterin Wants These Two Cryptocurrencies to Move to PoS
The co-founder of Ethereum suggested that two other PoW blockchain protocols could transition to PoS in the near future. He also spoke about the Merge during the 2022 Mainnet blockchain event and gave a brief update about the next step in Ethereum’s development – the Surge. Ethereum made history on September 15, when it became […] The post Vitalik Buterin Wants These Two Cryptocurrencies to Move to PoS appeared first on CryptosRus.
1 day agocryptopotato
Three Reasons Bitcoin Is Oversold Like Crazy Right Now (Opinion)
With the cryptocurrency market in a state of deep freeze, here are a few reasons why Bitcoin is oversold like crazy right now.
1 day agocryptodaily
Crypto Weekly Roundup: Vasil Upgrade, Kraken CEO Resigns And More
The Cardano platform added smart contract functionality in September last year. Now with the much-awaited Vasil upgrade, the system will deliver significantly faster transaction times to users. Let’s find out more. DeFi GitHub has announced that it has reversed a complete ban on Tornado Cash, indicating that code repositories for the Ethereum-based mixer have been relisted on the site. Altcoins After months of delays, the Vasil upgrade finally went live on the Cardano network. Robinhood announced that it had adopted the first stablecoin into its trading platform - USD Coin (USDC). As a result, users will be able to trade the stablecoin or hold on to it on the aforementioned trading platform. The United State’s oldest dictionary publisher, Merriam-Webster, has added a fresh batch of terms, including “Altcoin,” “Metaverse,” and “Unbanked,” to its lexicon in a nod to crypto. Technology Crypto wireless network Helium is officially ditching its own blockchain and moving to the Solana blockchain after a community vote. As the threat of quantum attacks on crypto comes closer to materializing, how ready is the industry for such an event? Will crypto be able to resist such an attack? Business The U.S. Internal Revenue Service (IRS) has been granted the authority to issue a “John Doe” summons to New York-based M.Y. Safra Bank. Jesse Powell, an early Bitcoin-backer and one of the co-founders of the Kraken crypto exchange, has stepped down from his position of Chief Executive Officer. At the recent Mainnet 2022 Summit, crypto intelligence service provider Messari announced that it had secured $35 million in its Series B funding round. According to reports, Sam Bankman-Fried led FTX and Binance are leading the race to acquire bankrupt crypto lender Voyager Digital and its associated assets. Despite the low interest in the crypto market right now, the banking giant JPMorgan has proclaimed that it will continue providing crypto services. Crypto trading firm Alameda Research will be paying back the $200 million it owes to bankrupt crypto lender Voyager Digital. The incoming CEO for cryptocurrency exchange Kraken, Dave Ripley, said on Thursday that his exchange had no plans to register with the SEC as a market intermediary. The United Kingdom has introduced a new law that can seize, freeze, and recover cryptocurrencies, to combat criminal activities. India’s 30% crypto tax and Pakistan’s struggles for financial aid have resulted in a brain drain from these two countries, leaving them both unable to leverage the positive crypto adoption happening in the rest of Asia. Governor Jared Polis has announced that Colorado has become the first state in the United States to accept cryptocurrencies for payment of taxes. Ripple Labs and the SEC have both filed motions for a summary judgment, arguing that the judge overseeing the case has enough information to make a ruling. Leading NFT marketplace OpenSea has announced that it will integrate Ethereum scaling solution Arbitrum, thus adding it to the list of other prominent networks on the OpenSea marketplace, alongside Solana, Ethereum, Polygon, and Klaytn. 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.
1 day agocryptopotato
Vitalik Buterin Names the Two Cryptocurrencies He Wants to See Move to PoS
Dogecoin and Zcash could follow Ethereum's example, asserted Vitalik Buterin.
1 day agocryptopotato
LINK Jumps 5%: BTC Awaits its Next Move at $19K (Market Watch)
Chainlink is among the very few cryptocurrencies with notable gains today, while BTC is still flat at $19,000.
1 day agocryptodaily
Space MMOs venture into the world of NFTs
Ever since Johannes Kepler and Jules Verne invented the space genre it has kept expanding the frontiers of our imaginations. In recent decades it has expanded into computer games, MMO games, and now into the world of NFTs and the metaverse. Players can create their own characters and stories, leading rebellions against whole worlds or fighting aliens on the fringes of the galaxy. But not all that shimmers is dilithium. Some NFT games promise a new frontier but so far have delivered little more than stardust. "The real challenge and the real opportunity is keeping our focus on gameplay … , when we start to forget about making great games and start thinking about games as a vehicle or an opportunity for something else, that's when we stray a little bit further from the path", Sid Meier, founder of the Civilization game franchise. Space Economics Space MMO games like Eve Online, Elite Dangerous, and the sprawling Star Citizen have created vast open galactic systems in virtual space. Players can fly and customize spacecraft, band together to fight wars, search for alien artifacts, and explore deep space. Most of these MMOs have game economies but with varying levels of detail. Most allow you to buy and sell spacecraft. Others like Star Wars: The Old Republic and Eve Online allow you to buy buildings and even planets. In 2010, an asteroid cum nightclub in the Entropia Universe was sold for $635,000! In Prosperous Universe you can even build an interplanetary supply chain and sell manufactured products on its Commodity Exchange. NFTs in space NFTs promise to take game economies to the next level by removing several of the problems with in-game currencies and trading. NFTs provide proof of ownership of in-game items. There have been several reported cases of theft of valuable items within games and there must be many more unreported cases. NFTs help prevent theft by showing an undisputable chain of ownership that anyone can look up on the blockchain. Further, an NFT item cannot be traded or taken unless the owner agrees to it on the blockchain. Combined with digital currencies (game specific or general crypto currencies like Bitcoin), NFTs also make trading items much easier. Sellers don’t have to rely on finding buyers in-game, they can sell the item outside the game. In the future, it may be possible to transfer NFT items between games, which creates a bigger market and increased liquidity for items. NFT trades also remove the problem of fraudulent transactions, where the seller transfers an item but the buyer does not send payment or vice-versa. Blockchains transactions which involve NFTs and crypto currencies enable an instantaneous exchange of the coin and NFT. This can even occur between wallets on different blockchains - an atomic swap. NFTs with smart contracts also allow for exciting new forms of transactions for games. Smart contracts allow contract terms to be automated in the blockchain so that enforcement is guaranteed. Items can be sold with a residual percentage share so that the original seller or creator benefits from future sales. There is also the potential for contracts for paid services within a game. If a term is codable it can be enforced. Early movers Early NFT movers in the space-themed MMO genre include CSC, Infinite Fleet, and Star Atlas. CSC (Crypto Space Commander) was founded in 2015 by LA gaming studio Lucid Light. Early access was launched on Steam in 2019. However, in June 2021 Hong Kong's Animoca Brands were brought in to revitalize the game because of a stagnant user base, a lack of recent development, and criticisms of a weighting towards pay-to-win. CSC allows players to fight, mine, and craft unique items. Ships are fully customizable NFTs that players can trade. Crafted items are also NFTs. Players earn royalties anytime a crafted item is sold. Players can also improve their crafting skills within the game. CSC also allows smart contracts between players. Players earn GRP tokens from successful missions, selling items, and mining planets. CSC uses the Ethereum blockchain. Infinite Fleet is a game of interstellar fleet combat that pays homage to 1980s anime such as Space Battleship Yamato. Players are a commander for the United Sol Federation fighting against the Atrox alien threat. Players start with a single ship but can build a whole fleet. Missions can even be run when players are AFK (Away From Keyboard). Infinite Fleet is the brainchild of gaming and crypto veteran Samson Mow who founded Pixelmatic in 2011. Mow cut his teeth at Relic Entertainment helping to develop titles like Company of Heroes and later Might & Magic when he joined Ubisoft. Infinite Fleet is produced by a small but hardcore team at Pixelmatic who are punching above their weight. The game went into Alpha release in March 2021 and entered Beta release on 28 July 2022. New updates seem to be popping regularly and the team are committing to a major release every two months. It’s worth noting that Infinite Fleet is one of the few games that’s delivering on promises and exists in an actual playable state. Players will earn INF crypto tokens from playing the game and participating in events. The tokens use the layer-2 solution Liquid on the Bitcoin blockchain and can be traded outside the game. However, the game can be played with no need for players to interact with the game’s cryptocurrencies - it is totally at their behest. “People should only buy these things if they plan to use them in the game itself,” Samson Mow. In addition to Mow’s gaming chops, Infinite Fleet is also being backed by Tether, crypto industry’s heavyweights. In 2020, Infinite Fleet also raised funds for the project by issuing a Security Token Offering - a token based security. Star Atlas is set in a futuristic universe where three factions vie for territory through space combat. Players can choose to join one of the three factions: one human and two alien. Star Atlas released its first ship JPEG NFTs in September 2021 and its game trailer in October 2021. The trailer was made by Hydra Studios. It has been reported that the graphics in the actual game will use the Unreal 5 engine. A limited mini game “SCORE” is currently available in which players can click a button to send their JPEG NFTs on missions and receive rewards. A DAO (Decentralized Autonomous Organization) and accompanying POLIS tokens were released in July 2022 to allow players to vote on certain governance issues for the universe. A “Galactic Marketplace” has recently been released and allows for trading of the game’s NFTs. According to Star Atlas’s website, the game’s crypto currency ATLAS will be play-to-earn. “I see the value proposition here because we truly understand what that value proposition is to the player”. Michael Wagner, CEO of ATMTA (lead developer of Star Atlas). Lead developers ATMA have a large team of over 200 employees and outsourcers and are backed by crypto exchange FTX and billionaire Sam Bankman-Fried. The NFTs use the Solana blockchain and decentralized finance (DeFi) features are provided through Serum. Early investors are excited to see the eventual release of the promising game. Final Thoughts Fans of the space combat genre are certainly spoiled for choice. With the release of new blockchain games they will have the freedom to trade and govern their favorite universes. Like any new enterprise, some games are more advanced than others, and it remains to be seen which titles can gather a critical mass. 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.
1 day agocointelegraph
Biden's anemic crypto framework offered us nothing new
The cryptocurrency industry needs substantive proposals that aim to do more than simply mitigate potential damage. The Biden administration's framework failed to acknowledge crypto's advantages.
1 day agocryptodaily
Flasko (FLSK) Whiskey, Wine and Champagne project could surpass Decentraland (MANA) and The Sandbox (SAND)
NFTs are one of the most famous investments in 2022. There is a large market, but which one is the strongest? We've all experienced irritation as a result of lockdowns. As a result, the market began to shift to digital channels for entertainment. Investors began purchasing digital property plots from Decentraland (MANA) and The Sandbox (SAND). Some put their money into other projects supported by real-world NFTs. Today, we'll talk about them and the new crypto project Flasko, which is revolutionizing how people think about NFT investing. Decentraland (MANA) investors are now looking for alternative investments Decentraland (MANA) is a newbie to the cryptocurrency market. MANA swiftly grew to prominence because virtual real estate is now just as valuable as real estate in the future. Decentraland (MANA) sold a virtual parcel of property for 608,000 MANA at the height of the NFT craze in 2021, valued at $2.4 million at the time of the sale. Decentraland (MANA) has had a good run, but its present performance is not encouraging. The previous month, Decentraland (MANA) had less than 600 users and 1,052 transactions on the platform. There has also been a 13% decrease in visitor visits. Decentraland (MANA) affects itself by investor interest for investments with no real-world value due to its lack of utility. The Sandbox (SAND) investors are worried with its market performance The Sandbox (SAND) is another project that received extensive support from investors in 2021. Thanks to the endorsement of celebrities like Snoop Dogg, The Sandbox (SAND) project had the attention it needed to achieve success. Is that still true now? We think Not. The Sandbox (SAND) has recently been relatively quiet. The Sandbox (SAND) native coin is trading with a 3.36% decline to $0.95 on the 24-hour charts and appears to be making some price adjustments after increasing by 9.86% over the previous week. After briefly touching $1.03, the price is again retreating, according to technical analysis. Since that level, sellers have outpaced buyers, bringing the RSI down to 42. Flasko (FLSK)is a safe and secure long-term investment The Flasko protocol aims to establish the first NFT market for high-end wine, rare champagne, and premium whiskey collections. Each NFT can be fractionalized, allowing everybody to participate in high-growth, rare whiskeys, wines, and champagnes. Users of Flasko can buy 100% of an NFT and get rare, vintage and exclusive alcoholic drinks delivered to their desired address for free. The platform aims to expand the market for expensive and rare wines, champagnes, and whiskeys by enabling new alcoholic beverage makers to promote their goods offline and online. By the end of 2022, experts predict an increase in the FLSK token of 2,000%. The liquidity of the smart contract is secured for 33 years. For the following two years, the team will be unable to sell their tokens. With this, investors in Flasko can make a safe, long-term investment. You can participate in the presale by clicking on the links below. Presale: Website: Telegram: Twitter: Disclaimer: This is a sponsored pressrelease andis 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.
2 days agocointelegraph
What is a cryptocurrency mining pool?
A fraternity-based approach to mine crypto, mining pools let miners combine their computational resources for a better chance to win rewards.

About TouchCon

The live price of TouchCon (TOC) today is ? USD, and with the current circulating supply of TouchCon at 158,400,100 TOC, its market capitalization stands at ? USD. In the last 24 hours TOC price has moved -0.00669 USD or -0.54% while 32,642 USD worth of TOC has been traded on various exchanges. The current valuation of TOC puts it at #1231 in cryptocurrency rankings based on market capitalization.

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

TouchCon Price? USD
Market Rank#1231
Market Cap? USD
24h Volume? USD
Circulating Supply158,400,100 TOC
Max SupplyNo Data
Yesterday's Market Cap? USD
Yesterday's Open / Close0.012433 USD / 0.005743 USD
Yesterday's High / Low0.013117 USD / 0.004039 USD
Yesterday's Change
-0.54% ( 0.00669 USD )
Yesterday's Volume32,641.50 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
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