Play-to-earn games are seeing drastic improvements with the release of three new titles by Nakamoto Games. The developer already released the immersive NAKA Galactic, a space-themed action game, and Naka Blaster, its first multiplayer interactive shooting game that is currently its most popular title.
Nakamoto Games will follow their success with its first 3D game, Escape, in Q1 2022. It’s the most ambitious release to date with the inclusion of advanced computer graphics and fully-featured game mechanics and multiplayer features aside from the traditional play-to-earn in-game dynamics that have taken the gaming world by storm. Escape will be one of the first AAA games to be released in the Web3 gaming space.
Nakamoto Games CEO Tor shared the team’s excitement about the new releases: “Our team constantly strives to push hard and deliver high-quality games to our passionate user base. We are thrilled about the upcoming release of Escape and are proud of the release of Naka Galactic and Naka Blaster and we look forward to hearing from the community about these titles.”
The team at Nakamoto Games is also enabling a fast-growing suite of Web3 games that provides players with gameplay experiences at the level of traditional titles. The release of new titles such as Naka Galactic, Naka Blaster, and Escape, as well as already successful ones like Duck Hunter, NAKA Runner, NAKA DUI, and Alien Apocalypse, are part of Nakamoto Games’ plan to build what it calls the NAKAVERSE.
The ambitious plan consists of a gaming ecosystem with its own economy powered by NAKA tokens. These will be used across games to purchase NFTs that represent digital land and game items as well as to have the ability to customize elements in the NAKAVERSE.
Nakamoto Games aims to become a solution that enables other game developers to thrive. It has chosen to build on the Polygon scaling solution for Ethereum to guarantee the scalability, security, and cost-effectiveness of these releases. In this way, Nakamoto Games seeks to provide independent game developers with the necessary infrastructure to build a gaming ecosystem that makes the most of Web3’s advantages. Eventually this will lead to a healthier industry with democratized earnings and improved monetization.
$RAIN is the token behind Rainmaker Games, a platform dedicated to helping users all around the world engage in play-to-earn games in the most seamless way possible. 25 million rain tokens are currently sitting in the reserve. Those tokens are the ones that went unsold during the project’s fair token launch that took place via Copper Launch last month.
That reserve is how users are going to get paid for staking their tokens and supporting the project. But just because it’s starting out with 25 million tokens, doesn’t mean it’s going to stay that way. The project might increase the amount of $RAIN tokens available and staking pools as tokens begin to vest and get unlocked through the Community Incentives reserve.
Rainmaker Games is going to make it much easier for gamers to earn revenue while playing games and interacting with each other, and with staking now live, it’s going to reward even those that aren’t playing games but are clearly dedicated to supporting the platform.
It’s time to learn more about the $RAIN token, how to stake $RAIN tokens, and what the potential payout is for users.
The Two Staking Options That Put More $RAIN In User’s Wallets
Rainmaker Games is giving users two simple ways to stake $RAIN tokens: single-side staking and liquidity pool (LP) staking.
Earning $RAIN with Single-side Staking
In single-side staking, users simply deposit $RAIN directly into the staking pool and earn rewards. The pool pays out 20% of the total daily rewards provided by the staking reserve. Users don’t have to do anything else to get that 20%.
The other option is to stake through liquidity pools.
LP Staking $RAIN Tokens
Rainmaker Games is using Uniswap V2 for its liquidity pools. Users can deposit RAIN-ETH Uniswap LP tokens after adding liquidity to the exchange. Anybody using a different version of Uniswap (V1 or V3) will not receive staking rewards, so be sure to use V2. This pool receives 80% of the staking rewards paid out by the Community Incentives reserve.
Staking Bonuses for Making It $RAIN Even More
Rainmaker Games’ staking initiative provides users with a linear bonus structure that multiplies the number of token rewards for stakers that lock in their tokens for a set period of time. The longer tokens are staked for, the greater the bonus.
Here’s a quick look at the bonus reward formula:
1 (standard weight) + The Amount of Weeks locked/52 weeks = The Time Waited Ratio Being Used
Here’s a quick breakdown of the results the bonuses can yield for users:
No bonus— staker does not want to lock their tokens
25x bonus— staker locks their tokens for a period of 13 weeks
5x bonus— staker locks their tokens for a period of 26 weeks
75x bonus— staker locks their tokens for a period of 37 weeks
2x bonus— staker locks their tokens for a period of 52 weeks
Instructions for Staking $RAIN
The first step to staking $RAIN is to simply log onto the project’s staking portal. Users then connect their MetaMask wallet by clicking the Connect button in the right-hand corner of the page. Support for other wallets is coming soon.
The next step is to select the desired staking pool (make sure you’re using Uniswap V2). Before clicking the Stake button, users can take a look at the specific details of the pool selected. Clicking the Stake button leads to another screen where the user can choose either flexible or locked-in options for their staking. Locking in means earning greater rewards in exchange for giving up flexibility.
The Rainmaker Games blog offers a more in-depth step-by-step guide to staking.
It’s about to be pouring $RAIN in the crypto gaming world. Gamers and interested stakers can join the revolution by staking tokens or by following the RAIN community on Telegram or the project’s website.
Melbourne, Australia, December 31st, 2021 — The world’s first ethical and halal DeFi ecosystem platform MRHB DeFi officially concluded its successful fundraising with its final public IDO rounds on DODO and ZeeDO launchpads, altogether raising a total of US$5.5 million with around 85% coming from a global community of investors looking for an ethical and halal entry into the cryptoverse.
Immediately following the close of the IDO, the MRHB token was listed on the popular DEX PancakeSwap, a leading decentralized exchange on Binance Smart Chain (BSC). For the very first time, early supporters of the project were able to trade and swap their MRHB tokens.
5 Million Pool of $MRHB Token Rewards for Liquidity Providers
Instead of standard buy/sell order books, Pancakeswap uses the Automated Market Maker (AMM) model where trades are done through a ‘Liquidity Pool’ whereby users invest funds (become Liquidity Providers or LP’s) to the pools to facilitate swaps.
MRHB DeFi has now announced that over the next three months, $MRHB token holders can become Liquidity Providers on PancakeSwap and earn their share of the pool of 5,000,000 MRHB token rewards.
The following MRHB/USDT liquidity pool has been set up on PancakeSwap, and MRHB Rewards will only apply to this pool:
Liquidity Providers to the pool can earn in two ways:
1. By supplying liquidity to the pool, the liquidity providers earn transaction fees on PancakeSwap as profit. The total trading profits made will be divided among the LPs, proportional to the amount of funds contributed and the amount of time funds are invested in the pool.
2. In addition, MRHB DeFi will offer a reward to the LP investors on condition that they invest funds into the pool at any point during the three month loyalty period. The $MRHB token reward pool will initially begin at 5,000,000 to be shared among the LP token holders. The number of tokens awarded will change over time but will be visible on the MRHB Reward Dashboard (https://rewards.mrhb.network/). Investors can withdraw their funds at any time.
As an extra incentive for LPs, MRHB DeFi has announced that LP’s who lock their tokens for the full 90 days in the pool will have the right to claim an NFT from the first collection at their Souq NFT marketplace. Souq NFT is the first anti-NSFW NFT marketplace in the world that is focussed on creating an ethical and halal marketplace for digital art and other NFT assets.
MRHB DeFi has provided more detailed instructions on how to be Liquidity Providers in the following videos:
A Conditional ‘Hibah’ Gift
The LP token rewards are defined as a conditional gift (‘hibah muallaqah bi al-sharth’) that is provided by a third party, permissible according to the Islamic Fiqh. Since there is no (bilateral) exchange contract or transaction between MRHB DeFi and LPs (liquidity providers), MRHB DeFi is considered a third party and is providing the rewards as a gesture of appreciation to their loyal supporters.
As the share of rewards depends on various factors such as the number of providers and amount of time invested, such LP rewards are not fixed, although they will be stated at the time the tokens are invested into the liquidity pool.
Such rewards must also be considered together with the price movements (Impermanent Loss) of the MRHB token to assess the overall return to the token holder should they withdraw their funds from the liquidity pool.
Reminder for Vigilance
The correct MRHB DeFi contract address for the $MRHB BEP20 Token is as follows:
MRHB token holders are reminded to be vigilant against scammers and fake addresses and should exercise caution whenever participating in transactions. Only the following official channels contain the most current and accurate information about the developments of $MRHB.
MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.
The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.
Huobi Global, one of the prominent digital asset exchanges, announced the company’s 8th Primelist event yesterday. According to the detail shared by the company, the event will give its users a chance to win a coveted allocation of DIO tokens upon their listing on 28 December 2021.
Huobi Global mentioned that the company’s clients will be able to qualify for the allocation by holding Huobi Token. Otherwise, users can wait until the listing day for registration. Since the start of November, Huobi Global launched several Primelist events to facilitate high-potential and growth-oriented companies working in the crypto and technology ecosystem.
DIO Token is a project under the game developer, Fracture Labs, a company based in Estonia. In 2022, it is planning to launch Decimated, a blockchain-based multiplayer survival game.
“DIO’s listing on Huobi Global will fund the development of Decimated and an NFT marketplace; a portion of the proceeds will go towards play-to-earn gameplay, airdrops and in-game rewards. Estonia-based Fracture Labs began development of Decimated in 2018 and launched a private token sale in October 2021. In November 2021, the company raised a $3.5 million round from a number of backers, including Alameda Research, Huobi Ventures and Cryptology AG,” the company noted.
In the last few quarters, Huobi Global has seen a jump in trading volumes and the number of users. To meet the growing demand, the crypto exchange expanded its suite of trading services through the expansion of Huobi Derivatives Warrant.
DIO Tokens
According to Huobi, players participating in the game will be able to earn DIO tokens via the completion of tasks and missions.
“Built on the Unreal gaming engine, Decimated features an expansive open world in which players can team up with others to scavenge for loot, collect resources for trading, fight creatures, capture territory and more. In-game items, vehicles and structures are minted on the blockchain and continue to exist until they’re scrapped or destroyed,” Huobi added.
Huobi Global, one of the prominent digital asset exchanges, announced the company’s 8th Primelist event yesterday. According to the detail shared by the company, the event will give its users a chance to win a coveted allocation of DIO tokens upon their listing on 28 December 2021.
Huobi Global mentioned that the company’s clients will be able to qualify for the allocation by holding Huobi Token. Otherwise, users can wait until the listing day for registration. Since the start of November, Huobi Global launched several Primelist events to facilitate high-potential and growth-oriented companies working in the crypto and technology ecosystem.
DIO Token is a project under the game developer, Fracture Labs, a company based in Estonia. In 2022, it is planning to launch Decimated, a blockchain-based multiplayer survival game.
“DIO’s listing on Huobi Global will fund the development of Decimated and an NFT marketplace; a portion of the proceeds will go towards play-to-earn gameplay, airdrops and in-game rewards. Estonia-based Fracture Labs began development of Decimated in 2018 and launched a private token sale in October 2021. In November 2021, the company raised a $3.5 million round from a number of backers, including Alameda Research, Huobi Ventures and Cryptology AG,” the company noted.
In the last few quarters, Huobi Global has seen a jump in trading volumes and the number of users. To meet the growing demand, the crypto exchange expanded its suite of trading services through the expansion of Huobi Derivatives Warrant.
DIO Tokens
According to Huobi, players participating in the game will be able to earn DIO tokens via the completion of tasks and missions.
“Built on the Unreal gaming engine, Decimated features an expansive open world in which players can team up with others to scavenge for loot, collect resources for trading, fight creatures, capture territory and more. In-game items, vehicles and structures are minted on the blockchain and continue to exist until they’re scrapped or destroyed,” Huobi added.
Sports NFTs are getting an upper hand, sent by closely-knit communities around sports stars, teams, and leagues. The big “calling” for fans is how they can get closer to their favorite athletes, collaborate with them and even have an impact on some of their decisions. Blockchain is the enabler for all of this, and Blockasset is what blockchain looks like when it’s an adrenaline-pumped fan shouting “LET’S GO!!!”.
Aiming to connect star athletes and clubs with their fans via cutting-edge tech, Blockasset sets up collaborations with major sports celebrities, builds a community of fans and fan-vestors, and brings real utility to NFTs, fan tokens, and $BLOCK – the staple token of the platform.
What are the benefits for athletes, fans and investors?
Blockasset offers an effective way for famous athletes to launch their personal NFT collections and boost a network effect across the energized user base.
This model has already stood big with many wins to be proud of. On two occasions, the NFT collections broke the sales records on Solana: when Giorgio Chiellini rolled out his “Gladiator” set in July and when “Legends” NFTs dropped in the first week of November. Legends brought together 5 famed athletes, trooping Muhammad Ali and Alexander Ovechkin. All fungibles got snatched within 9 minutes, grossing $5 million in sales.
Fans are ravished with unique real-world perks and rewards, such as Discord servers VIP membership, signed merchandise, draws for exclusive merch, as well closed-door AMAs with athletes and even in-person meet-and-greet events. Uncovering the immense power of the “collaborative economy”, Blockasset lets users participate in fantasy leagues with athletes, and influence their decisions about signings and other joined projects. This is how users are incentivized to accumulate tokens for their needs and keep active within the ecosystem.
Those wishing to invest in sports, too, get to have a unique suite of sports-focused assets. It’s not even disruption, but just “ruption”, as new investors are drawn into the space with anti-inflationary and uniqueness that NFTs have. Onboarding has been made easy: and users can easily purchase $BLOCK with fiat. With sports platforms like Blockasset, early adopters get the chance to leverage the potential of the nascent sector – before the majority of fans and collectors even get a whiff about the new opportunities that mix up a fervor of pro sports and innovation.
$BLOCK: internal token with embedded utilities
The community is king, while, when it comes to technologies, utility is the queen. $BLOCK is an internal utility token that opens access to all features and functionalities on the platform. The virtuous cycle pushes up the price of $BLOCK with users constantly staking and using the token.
Holders of $BLOCK may stake the token to receive a steady stream of ASSET – another token used to access specific features within the ecosystem. At the same time, those paying with $BLOCK at the internal NFT marketplace will enjoy significant discounts.
Besides that, $BLOCK is used for platform governance, such as taking decisions on where the platform would go feature-wise. In contrast to general-purpose NFT marketplaces, users can also vote on various aspects relating to their favorite athletes: for instance, what music they play at specific events, and which NFTs they present there.
Play-to-earn, yet another feature powered by $BLOCK, will roll out in Q2 2022, boosting the engagement and interactions among fans, investors and sports celebrities even further. The project’s whitepaper envisions independent universes of games and NFTs developed by specific companies and clubs, all under the aegis of Blockaccess.
According to the platform’s representatives, the public sale of $BLOCK will take place on December 9 on DaoMaker, Solanium and Raydium. The sale will offer only 3.84 million tokens for purchase out of the total supply of 320 million.
More interest towards segment-specific NFTs
Investors are starting to pay more attention to NFTs that focus on specific segments, such as sports, music, gaming. This is understandable as the industry discovers the potential use cases, and the markets get more and more segmented. Sports is clearly among such niches, and Solana-based projects are leading the way thanks to the lower barrier to entry and easier interactions.
The community will continue to discover various ways to leverage the power of $BLOCK through leaderboards, NFT trading and staking, play-to-earn, and supporting initiatives by athletes. With more use cases comes the potential for sustainable upward price dynamics.
Don’t miss the boat on this amazing project, and consider taking part in the $BLOCK public sales on December 9. Readers can find out more information at the official website and follow Blockasset’s Twitter account – some serious buzz is happening there.
The European Central Bank (ECB) has announced the formation of a Market Advisory Group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of industry spearheads.
The group also aims to uncover the digital euros optimal function within the pan-European currency’s vast payments ecosystem.
The group includes a number of well-established experts from the banking and financial sector, including Aleksander Kurtevski, managing director of Bankart, Antonio Macías Vecino, head of payments discipline at BBVA and Axel Schaefer, payment regulation and innovation specialist at Ingka Group (Ikea), among others.
It is expected that initial consultation meetings will commence in November 2021 and will operate on a monthly basis. The 30 members will work in advisory roles and report their findings for consideration in retail payments discussions within the Euro Retail Payments Board (ERPB).
In mid July this year, the Governing Council of the ECB disclosed plans to commence a two-year preliminary research initiative into the feasibility of the digital euro project, assessing parameters such as infrastructure creation, distribution and design, with an assured intention to “complement cash, not replace it.”
Related: Stablecoins are assets — not currencies, says ECB president
ECB Board Member Fabio Panetta expressed his high-expectations for the project’s success:
“I am pleased that many high-quality experts from the private sector are willing to contribute to the digital euro project. Their expertise will facilitate the integration of prospective users’ and distributors’ views on a digital euro during the investigation phase.”
This is a developing story, so more detail will be added shortly.
