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A Deep Dive Into Era7: Game Of Truth, a Play-To-Earn NFT Trading Card Game | by Bit Media Buzz | Nov, 2021

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Era7’s ‘Game Of Truth’ joins GameFi and offers players mildly competitive entertainment that provides an avenue to earn.

Blockchain technology is quickly redefining the gaming industry by introducing an economic incentive model. Presently, the metaverse is an industry estimated to be valued at a USD 300 bn market cap by 2025. As the industry continues to expand, play-to-earn games like Era7 have taken center stage, bringing new and interesting innovations to the gaming sector.

Era7 is a gaming platform built on the Binance Smart Chain (BSC) that blends TCG (trading card gaming) with fast-paced competitive gameplay while incorporating NFT-themed play-to-earn features.

With GameFi and the NFT-powered economy at the heart of Era7’s product offering, the project intends to push innovation even further, allowing players to experience the euphoria of gameplay and benefit from the economic value that GameFi offers.

Meet the Team and High-Profile Industry Backers

Members of the Era7 core team come from well-known international Korean game companies such as Com2uS, NCsoft, Nexon, and Netmarble, all of which have more than 15 years’ history in the traditional mobile and online video gaming industry.

So far Era7 has received strategic investment and backing from renowned VCs, industry heavyweights, and institutions in the blockchain industry, including Hashkey, Huobi Ventures, Okcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu, and Mobox. Era7 backers and partners are strategically aligned with the vision and mission of the gaming platform, bringing industry experience and the valuable connections necessary to position Era7 as a cutting-edge NFT-powered trading card gaming platform.

Game of Truth: The Backstory

Era7’s artistic inspiration comes from TCGs like Hearthstone and Magic: The Gathering.

The Game of Truth plot revolves around seven races on the Continent of Truth who compete for the title of “King of Truth.” Amongst the races are groups of specially gifted individuals who are sent to attend Summoner Academy to undergo rigorous training where they graduate to become Summoners. Upon graduation, they travel the world to make Summoning Pacts with the most powerful amongst the seven races, to establish strong allies in order to consolidate their power.

Since ancient times, throughout the year, battles amongst the Summoners have been held in the heart of the Continent. These Summoning Battles attract Summoners from all over the world who battle for the “King of Truth” title. The winner is crowned King of the Continent, and he and his race are awarded the highest honors in the land.

Elaine, Mother of Light, a Game of Truth NFT Master Card

Game of Truth: The Trading Cards

There are 1,000 exquisitely crafted cards in total — Master Cards for summoning and other functionalities and Battle Cards for combat gameplay. The cards all have unique values and attributes, allowing players to create a wide range of card combination strategies.

The fact that there are so many cards with different attributes allows the game to be random, providing endless possibilities for each battle. The large and well-designed card system is underpinned by a well-developed numerical system that supports innovative gameplay.

There is a rating system which categorizes the cards into 4 ranks — Common, Rare, Epic, and Legendary. The unique Master Cards and Battle Cards, which are also NFT collectibles, can be traded. The Battle Cards serve as the foundation for combat gameplay — before they can begin fighting, players must have at least 30 Battle Cards.

Game of Truth: The Gameplay

The Game of Truth is a three-minute battle game designed to utilize strategic thinking to help players increase their competitive advantage, evolve strategically while they play, dive into the adventure of a lifetime and connect with like-minded gamers worldwide.

The NFT-based trading card gaming platform aims to become the gamer’s choice by offering mildly competitive and fast-paced gaming. Using their Master Cards, players can summon Battle Cards to fight within various categories of competitions, such as PVP (player-versus-player), PVE (player-versus-environment), Daily or Weekly Quests, Real-Time Tournaments and fast-paced Championships. Ranking games and World Cup games, as well as other gaming activities like placing bets are being planned. Players will be able to obtain valuable tokens as well as NFT incentives during the game battles.

Game of Truth: an NFT-powered Play-To-Earn Economy

According to Era7, their first NFT sale is planned for December 20th, 2021, with Master Card and Blind Box containing different card highlights. To get the most up-to-date news and developments on this highly anticipated NFT sale, both players and investors should follow Era7 on Twitter and Telegram.

Using the GameFi model, Game of Truth empowers ordinary game players to reap extraordinary economic benefits. Era7 is built around NFT concepts like play-to-earn gamification, rewarding players for winning battles.

Both the Era token and the GOT token power the Era7 gaming economy. GOT tokens can be earned by participating in PVP and PVE and can also be purchased with Era tokens. Era tokens can also be used to purchase Master Cards, Battle Cards and NFT mystery boxes, as well as other in-game functionalities like purchasing land, or to get more community rights when participating in governance voting. It is also the token which will be tradable on exchanges for other cryptocurrencies.

If a player wins a PVP battle game, he will receive GOT tokens and a PVP rank. A higher rating will also allow players to earn more GOT tokens during battle. Rewards will be paid out on a daily/monthly basis.

With an incentivized gaming economic model, blockchain is redefining what we know to be the conventional gaming model, giving gamers the ability to earn passively while getting entertained.

Also, players will have ownership of their in-game digital items and collectibles which in most cases have a real-world monetary value attached to them, unlike in traditional gaming platforms.

More than half of the one billion Era tokens issued will be utilized for in-game rewards. In-game event incentives, participation in daily PVP and other tournaments, land pledges, and marketplace transactions will be some of the many avenues players will be able to accrue Era tokens.

How Era7 Fits into the Contemporary Global Gaming Ecosystem

The global Collectible Card Game market size is fast-growing at break-neck speeds and is expected to reach US$ 27.2 billion by the end of 2026. Despite this astonishing growth, this is only a fraction of the global gaming market, which currently sits at US$175.8 billion. The fast-growing pace of the Collectible Card Game market increases the growth prospect of TCG-based games like Era7 which brings a more innovative approach by leveraging the power of blockchain to provide Play-to-Earn features to gaming.

Even before incorporating NFTs into its gaming structure, Era7 had established a strong presence in the industry, attracting a huge number of Southeast Asian players and amassing a traditional gaming user base of more than 10 million. With an NFT-powered play2earn economy now added into its gaming structure, Era7 has the potential to outgrow and surpass traditional trading card games.

You can learn more about Era7: Game of Truth from its official Website, follow the project on Twitter and join the conversation on Telegram or Discord.

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November 26, 2021
World’s First Food Metaverse OneRare Celebrates Culinary Delights with Popular Chefs | by Bit Media Buzz | Nov, 2021

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(L to R) Andrew Poernomo, Saransh Goila & Jaimie Van Heije are joining the Foodverse

Every facet of blockchain technology including the emerging metaverse is growing rapidly as the world turns to an era of revolutionary technologies. Novel blockchain innovations are redefining the entire ecosystem. OneRare is a groundbreaking gaming project that looks to impact the cryptosphere with its unique take on Food. In an exclusive interview, the project revealed it is ready to spearhead an exciting journey to foodify the blockchain.

OneRare is poised to bring into the blockchain ecosystem, a new wave of the metaverse, with food as its core. It is the very first of its kind and will be a major turning point for the global Food & Beverage industry that gets access to the blockchain for the first time.

The foodverse is significantly growing and in an exclusive interview, the OneRare team has revealed its latest collaboration with celebrity chefs to promote the project. Arnold Poernomo (Celebrity chef and judge on cooking reality series Masterchef Indonesia), Saransh Goila (Indian chef and winner of India’s youngest Super Chef title), and Jaimie Van Heije (A renowned Dutch Chef and owner of several high cuisine restaurants in The Netherlands), are joining the OneRare Foodverse to celebrate their culinary journey.

Establishing An Ever-Growing Community Of Food Lovers On The Foodverse

OneRare is keen on building an ever-growing community of food lovers on its unique food metaverse to promote the ecosystem, and creating the first opportunity for Celebrity chefs & their special signature dishes to reach global markets.

“OneRare celebrates global cuisines, and it’s a natural fit to celebrate the best culinary artists from around the world. We are very excited to be joined by Arnold Poernomo, Saransh Goila & Jaimie Van Heije as we celebrate their iconic dishes and introduce them to Web3 audiences”, said Supreet Raju, CEO & Co-founder of OneRare.

Saransh Golia, the popular Indian Super Chef expressed his excitement on the collaboration saying,

“From being a chef in my home kitchen to teaching and creating recipes virtually I’ve learnt that food really has no boundaries. Super excited to explore this new chapter of food in the metaverse by OneRare. The fact that you can create your favourite recipes in the metaverse and own dish NFTs is fascinating for me. I’m really looking forward to showcasing my favourite dishes on OneRare, and hoping to make the metaverse a delicious space!”

With the Chefs in the Foodverse, the OneRare community gets an exciting chance to explore the best of culinary talent from all across the world, while exploring the exciting new world of NFTs and Gaming. The Chefs will also get a chance to meet new audiences from across the world, and create a future opportunity for being able to swap these NFTs for real life meals at the Chefs’ restaurants.

An Authentic Food Experience

As the first food metaverse, OneRare is exclusively dedicated to providing an authentic food experience for foodies all around the world. The project offers lots of creative opportunities on its platform for artists, game buffs, foodies, and food industry mavens to explore. It’s even more exciting with top partners onboard.

The project recently concluded a $2.35 million fundraise with leading investment funds and is all set for its public launch on Trustpad and Enjnstarter. OneRare is ready to create an experience that will be inclusive to everyone and foodify the blockchain.

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November 26, 2021
SocialFi Puts Agency Back in the Hands of Users | by Bit Media Buzz | Nov, 2021

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There are now over 100 million wallet addresses in the world, and the number of crypto and non-fungible token (NFT) enthusiasts keeps growing every day. The crypto community has economic power, interlinking relationships and seamless communication potential, but why doesn’t it have its own social media? A truly native crypto- and NFT-dedicated social media platform with a high density of fans has not yet been born.

For crypto markets to grow in size and participants, there needs to be increased trust. For those who aren’t crypto native, the landscape can be bewildering. There are also dangers from scammers and spammers. It’s hard to fully protect users from these bad actors, but one way is to create a venue where they can get accurate information and not get played — a dedicated public opinion forum and social media platform for crypto communities.

Furthermore, the current model of social media is inherently extractive. The platforms take their customers’ data and sell it on, while serving them increasingly intrusive advertising. As the saying goes: Users aren’t paying for social media; they are the product. This must change, and one way is through a fusion of social and finance (SocialFi), which puts the economics back in the hands of users.

SocialFi aims to deliver benefits and rewards to users through the financialization and tokenization of social influence. Monaco Planet is a next-generation SocialFi platform that successfully completed its first round of multi-million-dollar financing with Three Arrows Capital and IMO Ventures. It goes live on Nov. 28.

Monaco Planet attacks the problem of spammers and scammers by requiring login through wallets such as MetaMask. Because users can showcase their NFT collections on their personal profile page, their level of engagement and dedication identifies true influencers. Users who publish and show their own activities can follow verified key opinion leaders (KOL) throughout the community. The platform can also rank users by net worth and influence of their NFTs, fostering organic connections between KOLs and users.

By introducing the concept of write-to-earn, content creation itself serves as a form of mining. Active content creators and discussion participants on Monaco Planet continuously reap the benefits in the form of native tokens. Most native tokens will be distributed to users who generate content, creating a form of mining that is sustainable, inclusive and genuinely productive.

A true SocialFi platform belongs to its users. And as the vast majority of Monaco Planet’s native currency will be distributed to users as rewards for content creation, Monaco Planet functions as a true decentralized autonomous organization, governed by native token holders who can send in proposals and vote. As a SocialFi platform, the ownership and governance of Monaco Planet are determined by the users themselves. Moreover, holders of native tokens will enjoy the currency appreciation brought by the platform’s growing economic activity.

As early users of Monaco Planet’s SocialFi platform, NFT holders will be the initial beneficiaries of content mining. They will enjoy the first batch of airdrops and act as mining leads during the first month of invitation-only membership. NFT holders will have exclusive quotas and whitelists for participating in popular projects and the privilege of increased visibility of posts, broadcasting and building groups.

Monaco Planet’s SocialFi makes it clear: Influence you can trust is now a currency that can be minted.

You can learn more about Monaco Planet at monaconft.io, follow the project on Twitter and join the conversation on Discord.

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November 23, 2021
MRHB DeFi backed by Polygon Technology to build new Decentralised Philanthropy Protocol DePhi in World’s 1st Halal Ecosystem | by Bit Media Buzz | Nov, 2021
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Melbourne, Australia, November 19, 2021 — Ethereum’s biggest DeFi chain Polygon and ethical DeFi platform MRHB DeFi are leading the charge on the next big thing in DeFi — decentralized philanthropy — or DePhi for short which is estimated at over USD 300 billion each year in Muslim countries alone with around USD 1.5 trillion in assets held by around 160,000 foundations globally.

“Polygon has become one of the leading full-stack scaling solutions for Ethereum, given its speed and scalability,” says Deniz Dalkilic, MRHB DeFi CTO. “As Marhaba strives to achieve its end goal of building a comprehensive, secure and scalable ecosystem where liquidity is a priority, we are thrilled to announce our integration with Polygon. To expand our presence on Polygon we have received a grant from Polygon to optimise our solutions for their network.”

The Polygon team has been enthusiastic in its support of the ethics-based startup, recognizing that MRHB DeFi is the first Islamic finance d’App. Polygon has agreed to support MRHB DeFi’s plan to develop a sidechain solution that opens up DeFi to millions globally. The two parties have recently signed an agreement which puts into writing their aim to bring philanthropy to the crypto space, stating that:
- MRHB DeFi intends to build its DePhi (Decentralised philanthropy) protocol on Polygon technology, which would be a dedicated philanthropy protocol based on funding social initiatives for the benefit of the community, using the quadratic funding model.
- With this solution, MRHB intends to catalyse the crypto philanthropy ecosystem, with focus on being the first mover in channelling the annual Zakat contributions of the Islamic World (est. USD 300 billion annually)
Quadratic funding is a technique that applies mathematics to ensure the optimal funding — more democratic, more scalable — of community and social, charitable initiatives.

Bringing Philanthropy — a Key Pillar of the Islamic Faith — to DeFi

DePhi forms a key part of MRHB DeFi’s strategic plans for its protocol. As part of MRHB’s approach to supporting a more ethical and community focused approach to decentralized finance, DePhi seeks to bring a key pillar of the Islamic faith — charity or zakat — to what is still a sector driven by self-interest. Once the DePhi protocol is implemented, MRHB DeFi users will have the option to send a portion of their crypto asset wealth to charities which would be linked to the platform, thus fulfilling their voluntary or faith-driven obligations.

End users who wish to donate will be able to deposit funds and generate rewards via trading fees on liquidity pools created by MRHB DeFi. After depositing the donation, assets would be locked for 60 days before being distributed to one of pre-approved charities nominated by the donor.

In addition, MRHB DeFi will set aside five percent of its DAO treasury to be invested in these pools as a form of crypto endowment, as such, this will generate wealth in perpetuity for charitable causes.

CTO Dalkilic adds: “Decentralized philanthropy represents a significant step forward in sharing the benefits of DeFi globally and allowing for community- and public good- focused initiatives to be supported from the cryptoverse. Polygon is one of the most respected projects in the crypto space, and we’re excited to align our vision of using DeFi for good causes, with theirs.

“Being the first d’App on Islamic finance, we have received strong support from the Polygon team to bring the project to the community. Polygon is the latest in a long line of partnerships we are fostering and developing as we work to grow our vision of an ethics-first platform and project. ”

MRHB DeFi recently partnered with Ethereum scaling and privacy engine zkSync, a leading ZK-Rollup solution for Ethereum. It has also received strategic investments and backing from Blockchain Australia, Mozaic, Contango Digital Assets, NewTribe Capital, Sheesha Finance, Acreditus Partners, EMGS Group, MKD Capital and Sinofy Group.

About MRHB DeFi

MRHB DeFi is a halal, decentralised 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 is comprised of 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.

MRHB DeFi Official Channels

Website: https://marhabadefi.com

Twitter: https://twitter.com/marhabadefi

Telegram: https://t.me/mdf_official

Telegram Announcements: https://t.me/marhabadefi_ANN

YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

Medium: https://medium.com/@mrhbdefi

LinkedIn: https://www.linkedin.com/company/marhabadefi

Telegram (Arabic): https://t.me/mdf_arabic

Telegram (Russian): https://t.me/marhabadefi_russia

Telegram (Turkish): https://t.me/MarhabaDefiTR

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

Website | Twitter | Ecosystem Twitter | Developer Twitter | Enterprise Twitter | Studios Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn
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November 19, 2021
Exclusive Interview with May, founder of Gachyi Land, the First Gacha-Launchpad Ecosystem | by Bit Media Buzz | Nov, 2021
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The first gacha-launchpad ecosystem has launched, to the delight of Gacha gaming fans. Ticking all the right buzzwords like ‘Play-to-Earn’ and ‘NFT’, Gachyi Land is a utility-centric NFT ecosystem of mini-party games and MMORPG. We get the lowdown on what to expect from its founder, May.

Q. Please introduce yourself and what you do at Gachyi Land, thanks.

May, Founder and Mastermind behind Gachyi Land. I create the concepts and designs throughout the Gachyi Land ecosystem. I also designed the first NFT line for Gachyi Land myself, which is called the Goo Goos. I also lead the general and marketing operations, whilst my other partners lead the tech and gamification aspects of Gachyi Land.

Q. How did you get into the NFT gaming space? And why the world of Gacha?

I was exposed to blockchain and crypto projects while working as a lawyer. I saw how vast the potential of NFT is, as well as the positive impact NFT games have created for the community, which inspired me to create Gachyi Land.

Gacha mechanics are commonly seen in a lot of popular video games, whether it be the re-roll feature (a.k.a redraw gacha) in dungeons & dragons games or consecutive gacha in mmorpg. But the ultimate source of my inspiration for creating this gacha-launchpad is the gachapon machines that are extremely popular in Japan. I believe there is a community out there, including myself, that enjoys the sense of achievement of completing a full set of our desired collectibles after countless times of playing with the gachapon machines.

With blockchain, the scalability of the gacha model is significantly enhanced because of smart contract capabilities and publicly recorded proof of ownership.

Q. What can you tell us about your first NFT drop, the Goo Goo Series?

Our first NFT drop, the Goo Goo series, is limited to 500 ever to be minted.

The traits of Goo Goos have been randomly generated by the Gachyi Goddess, giving each one a unique appearance and characteristics.

There is also a single hidden trait that is currently kept confidential in our whitepaper, but those who managed to mint a Goo Goo with the said hidden trait will have even more exclusive benefit in our ecosystem. More details will be released after public sale on 2 December 2021.

We have built rich utility into our Goo Goos, which includes exclusive access to all pre-sales and free minting events. In addition, Goo Goos holder will also receive increased drop rate, social experience gain, as well as a ZuZu mount and 1 exclusive in-game skin in our rpg.

Essentially, Goo Goo owners represent the VIP and status symbol in Gachyi Land.

We believe its scarcity, on top of its abundant utility throughout Gachyi Land ecosystem, makes it incredibly valuable especially for NFT gamers who are looking to gain exclusive in-game boosts for our future rpg.

Lastly and potentially most importantly, you will be able to stake your GooGoo for a set period of time to receive rewards that are required for breeding in the future.

Q. Run us through the Slime Tales game.

Our second NFT drop, Slime Tales series, revolves around a combative slime race that has trained themselves in 5 different disciplines:
- Thief
- Warrior
- Mage
- Priest
- Slime Lord
These are the playable characters for our P2E MMORPG. Each slime comes with different statistics that are randomly generated upon purchase. Players will have the opportunity to re-roll their characters up to 5 times.

Each slime possesses the ability to reproduce, also known as splicing. When 2 slimes splice, the offspring slimes can become dual-class characters depending on their parents’ disciplines.

Our game will be a real time RPG where players team up to explore, grind levels, and kill bosses to earn rewards and generate resources.

Instead of fighting slimes like in any other games, players will be fighting with their slimes or offspring slimes.

Q. Gachyi Land Lore and the Gachyi Goddess, we want to know more!

Gachyi Land was created by the Gachyi Goddess, who wished for a world to exist where all races and species throughout the multiverse could live together peacefully. To do this, she needed to locate the apex of the multiverse where all universes connected, thus she set out on her journey. Eons went by, the Gachyi Goddess was exhausted from her search and was finally consumed by the fossilisation process. But as the last piece of her body fossilised, an anomaly occurred where gachapon machines materialised on Gachyi Land to capture creatures from other universes. In order to save those creatures, Goo Goos tried to pay the toll but has proved to be a challenge feat. Thus, the Goo Goos have reached out to everyone to help release creatures from their encapsulated prisons.

Q. Why did you decide to deploy on Polygon?

I’m sure a lot of people are aware of the extremely large gas fees on the Eth network, sometimes the gas fees are actually higher than the actual NFT. Launching Gachyi Land on Polygon shields our community of high gas fees and allows a lot of our onchain gamification features to be used at a very low cost.

I believe Polygon to be the go-to platform for NFT gaming related projects given its capabilities and interoperability, as well as its thriving ecosystem in the NFT space.

Q. What trends do you see developing in this industry?

Gaming is the largest up and coming trend without a doubt. NFTs are perfect for gaming and will certainly be the norm for gamers in 24 to 36 months. Wouldn’t you rather play a game where you can sell your hard earned assets? What about making a living from playing games, life is all about supply and demand so there’s no reason why gamers can’t turn playing games and selling in game resources as a full time job.

Get the latest news and updates about Gachyi Land here:

Website: https://gachyiland.com/

Twitter: https://twitter.com/GachyiLand

Telegram: https://t.me/GachyiLand

Instagram: https://www.instagram.com/gachyi.land/

Discord: https://discord.gg/pPWAC888kC

Facebook: https://www.facebook.com/Gachyi-Land-275279670982071
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November 17, 2021
L1 ARCHEthic Blockchain Mainnet Launch is a Success | by Bit Media Buzz | Nov, 2021

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Paris, France, November 16th, 2021 — Following 4 years of research and period of development, ARCHEthic Mainnet Beta launched on the 30th of June, 2021. The testnet which was launched this year will run simultaneously with the mainnet on the same infrastructure. The launch has set the ball rolling for ARCHEthic whose mission is to solve the impending challenges rocking the blockchain sector.

ARCHEthic is a decentralized consensus protocol blockchain built from the ground up, designed with cutting-edge technology to stay ahead of other blockchains in terms of scalability, security, sustainability, and simplicity.

Commenting on the significance of the launch, the ARCHEthic team stated that: “We have been patient and transparent in our approach, we have taken the time to get academic validation of research concepts, building and testing the ARCHEthic Blockchain protocol before making a foray into the market. Today with the launch of our Mainnet Beta, we are confident about offering true value to the community.”

Since blockchain has become a revolutionary technology, the growth and adoption of the technology have maintained an upward trajectory. With a cumulative annual growth rate (CAGR) of 56.9%, the global blockchain industry is predicted to hit $56.7 billion by 2026, up from $6.0 billion in 2021. This giant growth rate is a testament to the widespread adoption occurring at break-neck speed.

With Bitcoin being the pioneer, Blockchain technology has continued to find increased adoption in various fields even outside of the cryptocurrency terrain.

While adoption stays on the rise, the issues of blockchain scalability and security have been a hot topic as many of the existing blockchain technologies fall below an optimum threshold. These issues form a focal point and a building block on which the ARCHEthic blockchain is built upon.

ARCHEthic Design Stands Tall Among Existing Blockchains

ARCHEthic blockchain design infrastructure deploys a unique consensus protocol built from the ground up called ARCH Consensus Mechanism. The ARCHEthic Blockchain uses the concept of “transaction chain”. Unlike other blockchains that require blocks containing multiple transactions to be linked together by chains, in ArchEthic, blocks are reduced to their atomic version (the smallest). Thus, a block represents only one transaction with its own validation proofs.

According to its whitepaper, once a transaction is validated, it will be synchronized and saved on its own transaction chain. All transactions of the same nature are grouped together in the same transaction chain. This principle of operation makes it possible for transactions to run parallel thereby fostering the scalability of the network.

The brainchild of years of research done by the team, the ARCHEthic blockchain is designed with the end-user in mind which makes it well suited for retail and mainstream enterprise adoption.

Taking the Bitcoin network, for instance, it currently runs with a validation time of 10 minutes while handling 7 transactions per second, while Ethereum has a validation time of 15 seconds, processing 20 transactions per second. Newer generation blockchains like Harmony can handle up to 10 million transactions per second.

Despite the improvement made by Harmony blockchain, the network is still limited to the number of transactions it can handle per second. This unarguably is a prime reason why the ARCHEthic network infrastructure is unique. The “transaction chain” mechanism deployed by ARCHEthic makes it possible to handle an unlimited number of transactions per second, thereby leaving room for scalability and seamless handling of high network traffic.

ARCHEthic’s Ability to Scale Does Not Compromise the Security of the Network

The ARCHEthic security layer makes it possible to support an infinitesimal risk of network corruption, even if 90% of available nodes are malicious.

As contained in the whitepaper, if the number of nodes in the network increases, the probability of detecting an anomaly among the nodes selected to perform a transaction, if at all, increases drastically. Compared to other blockchains, the ARCHEthhic blockchain could continue to function properly, even with 90% of the network being malicious.

ARCHEthic also handles data efficiently. When transactions are broadcast, a pool or set of storage nodes is determined and receives a copy of the transaction made in order to save it. This is accomplished through sharding, which ensures that the nodes are less loaded with data and can store at least between 190 and 9000 times the number of transactions of the Bitcoin network.

This mechanism of unique node operation reduces the power consumption of the ARCHEthic blockchain. The ARCHEthic Yellow Paper compares the power consumption of ARCHEthic to Bitcoin in an interesting way.

“Considering that 10 nodes are dedicated for 10 seconds to validate and replicate a transaction and that Bitcoin processes 93 million transactions per year, it would take 295 ArchEthic nodes to cover the current mining power of the Bitcoin network. Knowing that a node spends 15 Wh, over a year, the technology would consume 38,805 kWh/year or 3.6 billion times less than Bitcoin itself.”

It is intriguing to see the massive innovation going on in the blockchain and cryptocurrency industry. More fascinating is the fact that innovations like ARCHEthic are rising to the occasion at a time when the blockchain scalability hurdle has been a bane on the industry.

About ARCHEthic Public Blockchain

ArchEthic is a highly scalable, tamper-proof Blockchain with scalability greater than 1 Million TPS, and validation time of less than 5 seconds. The blockchain has the capacity to handle up to 90% maliciousness, 3.6 billion times less energy consumption than Bitcoin, and 0.1% of the transaction fees.

The platform aims to replace and improve all current applications with a comprehensive and open ecosystem, allowing people to move from the trust imposed by centralized to decentralized systems while keeping identity and privacy under the control of the user.

With ARCHEthic, you can access your identity but no one owns it. The security and threat issues that centralized systems pose helped us realize that self-sovereign identity is needed now more than ever. An Open Source autonomous & Decentralized network in the hands of the world population created by the people, for the people. ‌‌

ARCHEthic Official Links

Website: https://archethic.net/

Whitepaper: https://archethic.net/ARCHEthic_WhitePaper.pdf

Twitter: https://twitter.com/archethic

Telegram: https://t.me/ArchEthic_ENG

Instagram: https://www.instagram.com/the_official_archethic/

Discord: https://discord.com/invite/CJZJvVReBx

GitHub: https://github.com/archethic-foundation

YouTube: https://www.youtube.com/channel/UCmP7Sg_TdBfbO1_u4EyIKzg

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November 16, 2021
Era7: Game of Truth, a Brand New Innovative Play-to-Earn NFT Trading Card Game, hits GameFi | by Bit Media Buzz | Nov, 2021

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Binance Smart Chain (BSC)-based Era7: Game of Truth combines TCG (trading card gaming) with fast-paced competitive gameplay while incorporating NFT-themed play-to-earn concepts.

Singapore, November 12th, 2021 — Deploying the concepts of GameFi in the exciting combination of DeFi and NFT technologies, upcoming Play-to-Earn trading card game Era7: Game of Truth has successfully closed its first round of fundraising. Investors include some of the most renowned VCs and institutions in blockchain: Hashkey, Huobi, Okcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu and Mobox.

Era7 will be launched in Q1 of 2022 and is expected to take the global NFT GameFi market by storm. The game has been developed by core team members who hail from well-known international Korean game manufacturers such as Com2uS, NCsoft, Nexon, and Netmarble, companies with more than 15 years of success in the traditional mobile and online video gaming industry.

Game of Truth is an innovative NFT-based competitive game based on TCG (Trading Card Game) concepts, with its creative essence coming from Hearthstone and Magic The Gathering R&D. Standing on the shoulders of giants, the Era7 team aims to bring innovation even further with the development of its GameFi product.

Players collect cards to fight and they win when their opponents are defeated. Given that the learning curve is not steep, the game appeals to all kinds of gamers — from your housewife and granny demographic to your technophile gaming gurus. Players from all levels will be able to find their place in the game. Moreover, Era7 incorporates a complete economic incentive system with the first batch of NFT drops slated for release in December 2021.

Era7 Combines Play-to-Earn & Play-for-Fun!

According to Newzoo, the overall market of the global gaming industry will reach US$175.8 billion in 2021, the total number of players will reach approximately 3 billion, with esports gamers exceeding 474 million. In 2019, the global Collectible Card Game market size was US$ 9,949.63 million and is expected to reach US$ 27,294.79 million by the end of 2026, with a CAGR of 15.89% during 2020–2026. Aware of the growing gaming market, as early as 2018, Era7 had already successfully developed and perfected its game and to date has amassed a user base of more than 10 million players.

The development team has included NFT concepts and technology which greatly benefit players. The income aspect and the value of the NFT assets will naturally attract a large pool of users to join. Furthermore, the game does not require prior knowledge of cryptocurrencies. Getting started is easy, and offers what every gamer wants — strategy and fun gaming.

Standing Out from the GameFi Competition

There are three ways that Game of Truth differs from other GameFi projects on the market. Firstly, the project’s games are rich in depth and content, providing users with long hours of entertainment. The large and well-designed card system is underpinned by a well-developed numerical system that supports innovative gameplay. The combination of a mildly competitive mode with extensive rich gaming content are not usually available in GameFi.

Secondly, the low threshold for players to get started and the extent of gaming content helps attract gamers from the traditional gaming space to join, creating a huge market when combined with the blockchain/crypto gamers.

Lastly, novice or experienced gamers can all have fun and benefit from play2earn — and that is a truth shared by both developers and players in this brave new horizon of GameFi. Both the project and the players work hand in hand to create an ecosystem of gaming that produces value to mutually benefit both parties.

Top Quality Trading Cards to Fight, Trade or Sell

Traditional TCG users will resonate with the exquisitely designed and excellent quality of all the Era7 cards. Card combination strategies are distinctive, and the game has established a market-oriented approach since the beginning of its game development. Presently, strategy gaming and play2earn, all while having fun, are its highlights.

The game contains 1,000 different cards, each having different values and attributes, bringing players a variety of card combination strategies. A lightly competitive 3-minute game can provide gamers with endless imagination and fun, thanks to the unlimited changes in strategy.

What to Expect in Era7’s Premiere NFT Drop this December!

Era7’s debut NFT launch is planned for December 2021, with the Master Card and Blind Box containing different card highlights.

One billion Era tokens will be issued with more than half of which will be used for in-game incentives. Players can obtain Era tokens through the following: in-game event rewards, participation in daily PVP (player versus player) and various tournaments, land pledges and marketplace purchases. The Era tokens held by the player can be exchanged for cryptocurrency that can be traded on exchanges.

Competitive Gameplay Development, Ecosystem Expansion and UE are underway

Era7 currently offers strategic gaming that provides competitive elements, with a focus on PVP gameplay. The game is designed to successively open up different types of competitions between players, such as ranked games and World Cup games, as well as other gaming activities such as watching and betting. While attracting traditional esport stars to participate, it will also groom and train new Era7 stars.

Plans for 2022 to 2028 include building a scalable competitive ecosystem that will encompass a live broadcast platform, esports community, animation series and GameFi IP. In the future, the most advanced UE engine will be deployed, combined with the Era7 platform to launch a competitive product based on the metaverse.

About Era7: Game of Truth

Era7: Game of Truth is a Play-To-Earn NFT-based trading card game (TCG). It offers the perfect combination of traditional gaming and decentralized finance (DeFi) to gamers, bringing an entertaining gaming experience while providing an avenue to earn.

According to Era7 ancient folklore, the seven races on the continent of Truth battle against each other for supremacy all year long, to vy for the title “King of Truth”. The victor from the Game of Truth emerges as the ruler of the continent whereby he and his race then enjoy the highest honors in the land.

Founded by core team members from internationally renowned game developers with over 15 years of valuable experience such as Com2uS, NCsoft, Nexon, and Netmarble, Era7 is backed by heavyweight VCs and blockchain institutions such as Hashkey, Huobi Group, OKcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu and Mobox.

Era7: Game of Truth Official Links

Website: https://www.era7.io

(desktop browser currently recommended, mobile capability in development)

Twitter: https://twitter.com/Era7_official

Telegram: https://t.me/Era7_Official

Discord: https://discord.gg/yUjGpQ35

Email: contact@era7.io

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November 12, 2021
Mintverse Closes Successful Seed Round of $1.5M | by Bit Media Buzz | Nov, 2021

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PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising $1.5 million from private investors. Led by A&T capital, and other large investment firms including Mirana Ventures, Longling Capital, Genesis Block Ventures, FBG, Fenbushi Capital, Cipholio Ventures, Nebulas, Ceras Ventures, NDG and other individual angel investors, Mintverse aims to be a community-based initiative to provide products and services that explore future use cases of NFTs.

It is expected to feature a completely decentralized service platform and incubator for more than just NFT based projects. Mintverse will use the funds raised to further develop the existing platform and release future product offerings to tackle the current problems faced within the industry.

Mintverse founder was thrilled by the response from the large list of investors and said, “The support we have gained during this round of fundraising has been astounding and we look forward to continuing our progress in order to better the NFT ecosystem.”

Mintverse is looking to provide their services through a variety of different product offerings, tapping into the world of NFTs. At the initial launch of the platform, the Mintverse team will start by leveraging the power of NFT marketplaces and enter the world of GameFi.

Empowering both the Ethereum network and Binance Smart Chain, the service platform will be able to engage with the masses of NFT creators, collectors and GameFi projects. According to the roadmap, Mintverse will eventually tap into further comprehensive product offerings including the anticipated launchpad feature, giving not only NFT and crypto projects but also sole NFT creators who struggle with the lack of monetary incentives in the industry, the opportunity to raise funds.

Private investors have expressed their approval for the first round of fundraising. Jasmine Zhang from A&T Capital was thrilled about their investment into Mintverse and stated, “With the ever growing NFT ecosystem, there are visible gaps in the industry. During my conversation with the founder of Mintverse, we saw their project vision and the current glaring problems they are working towards solving. The NFT market has a long way to go in terms of growth and creating a better understanding for those who are still unsure of its potential and are skeptical of what is to come. At A&T Capital, we believe these issues will slowly start to diminish with a platform like Mintverse and are delighted to be a part of this journey.”

About Mintverse

Mintverse is a service platform, where users can create, discover and collect an array of digital items and NFTs while also being able to crowdfund NFT art, crypto & NFT projects. Mintverse is working towards its vision of mass NFT adoption while further developing existing use cases and exploring future use cases of the NFT data structure. Backed by major investors and partners, Mintverse has the resources to develop the growth of the NFT community by tackling the current existing problems such as high gas fees, lack of monetary incentives for creators, and insufficient utility for current NFT assets. They are able to do this by implementing a variety of product offerings including, but not limited to, NFT marketplace, gaming incubation, launchpad, governance DAO and more.

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November 11, 2021
Monaco Planet: Sailing the sea of SocialFi opportunity with MONA | by Bit Media Buzz | Nov, 2021

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While today’s social media giants monopolize the space, squeezing users rather than rewarding them, the advent of cryptocurrency, blockchain and the rising SocialFi movement now threatens to upend that. Monaco Planet, backed by IMO Ventures and Three Arrows Capital, is leading the charge by returning platform ownership and governance to users.

When Monaco Planet launches their Rare Yacht nonfungible tokens (NFTs) on Nov. 11 and goes live with their native token MONA on Nov. 28, holders begin enjoying the benefits of ownership and governance rights. By engaging in “content mining,” a sustainable, creative and inclusive form of mining whereby those who create content and engage in forum discussions gain rewards, users further grow their stake.

“While we like to say that we return platform ownership to users,” says Monaco Planet outreach director Brandon Zatt, “if you really look at the history of social media, you’ll see that this is actually the first time ever that users both own the platform and determine its destiny.”

This revolutionary new approach is turning heads as Monaco gains nearly 10,000 new followers per day and their Discord account rapidly approaches 100,000 users. And as they prepare for launch, founding KOLs like Three Arrows, Tom Dwan and Loomdart are filling up Monaco’s Wall of Fame. From heads of crypto funds to celebrities to NFT influencers, Monaco Planet may be the hottest party in Q4 2021/Q1 2022.

Both MONA tokens and Rare Yacht NFTs unlock platform utility, helping users to promote their projects and accounts and eventually run their own promotional and advertising campaigns.

As a gateway to the metaverse, Monaco Planet is building a robust dynamic eco-system and MONA holders have preferred access, including investment quotas for high-quality projects. Users themselves decide whether to participate in the investment, but the quota is guaranteed. MONA can also be utilized for tipping or gifting.

And as the ecosystem grows and Monaco introduces more high-quality Defi and Gamefi projects, MONA holders can seamlessly connect social, finance and gaming into one cohesive Metaverse.

“Monaco Planet represents a true departure from traditional social media and a concerted effort to bring the benefits of blockchain and crypto to our virtual and actual social lives,” says Brandon Zatt.

Though there are over 100 million wallet addresses currently in use, a truly native crypto and NFT-dedicated social media platform with a high density of fans has not yet been born — until now. Monaco Planet users log in with wallets such as MetaMask to enable them to showcase their crypto and NFT holdings through their profile, making it harder for scammers to misrepresent themselves.

As true influencers can be identified by their level of engagement and dedication, Monaco Planet aims to bring a deeper level of trust and awareness to social platforms. Based on common interests and a belief in digital assets, organic connections are naturally fostered amongst users.

While some criticize proof-of-work (PoW) mining for being environmentally unfriendly, content mining or create-to-earn or write-to-earn, allows users to earn rewards by contributing content. It is truly democratic, inclusive and sustainable.

With 55% of MONA platform tokens distributed to users through content mining, holding MONA gives users platform ownership and a genuine stake. This is the exact opposite of how centralized social media platforms currently work.

The first month after Planet Monaco goes live is by invite only. Users holding Yacht NFTs will be eligible to start content mining. They enjoy higher weighting on the platform and can generate the greatest rewards during the first month. They can also invite up to five other users. On December 31, 2021, first-time platform users can withdraw MONA to their wallets and trade them on the open market.

The formula for the scoring of each user factors in elements like the number of fans per user, their total number of likes, net NFT value in the wallet and number of comments they’ve generated.

On January 1, 2022, the public platform opens to all users. Users who stake MONA for at least one month achieve a MONA staking weight, which is necessary for participating in content mining. Weights vary according to the length of time MONA is staked for.

Thus, the launch of the Yacht NFTs and MONA tokens represent a unique opportunity for users to take back control of their social media, earn rewards through their own creativity and effort and enter the Metaverse with autonomy and advocacy. Come set sail on the sea of SocialFi opportunity — destination Monaco Planet.

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November 10, 2021
Gachyi Land, the first Play-to-Earn MMORPG Gacha-Launchpad, premieres its NFT Drop | by Bit Media Buzz | Nov, 2021

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Sydney, Australia, November 9th, 2021 — With the blockchain gaming metaverse proving to be more than just a buzzword for gamers, Gachyi Land, the first gacha-launchpad ecosystem gears towards its premiere NFT launch, slated to debut on the 22nd of November 2021.

This launch opens up the runway for Gachyi Land as they get the ball rolling for a series of other launches on the Gachyi launchpad. Commenting on the significance of this event, the founding partner of Gachyi Land, Harly Zappino has expressed his excitement:

“Life is too short to slave away on tasks that you despise doing and unfortunately that is how our society is currently structured. The digital world is our future. Let’s make it fun, let’s make it colorful, and let’s provide real-world value to those who want to interact with it!”

Dubbed the Goo Goo series, the first NFT series dropped on Gachyi Land will feature generative artwork with different traits that include body, eyes, mouth, accessories, background, and clouds, among other features. Certain unusual and rare characteristics may entitle their owners to special privileges.

The series finds its footing in folklore inspired by the Gachyi Goddess before she became entirely fossilized. According to Gachyi Land Lore, she created the Goo Goos and ensured that all of her wisdom was handed down to guide them through the RPG (role-playing game).

While the Goo Goo series does not include playable RPG characters, owners will be able to access significant in-game benefits. Slime Tales from Gachyi Land’s second NFT series will implement RPG characters with a Dungeons and Dragons class system that has the ability to breed dual class characters.

Gachyi Land: Introducing the first NFT gacha-launchpad ecosystem

Coming up as a first mover, Gachyi Land will be the first gacha-launchpad to issue NFTs (on its website) as a full-fledged utility across its entire ecosystem. Each NFT issued on the Gachyi NFT Launchpad will serve a purpose within the ecosystem. They will either have in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.

Besides their own designed NFTs, other projects with similar themes to Gachyi Land, such as those with kawaii and mystical creatures type of themes, will be able to participate in its utility-centric ecosystem. Expanding the entire ecosystem, other projects’ NFTs can be integrated into Gachyi Land’s mini-party games or Play-To-Earn MMORPG.

The NFTs will be deployed on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC. They will be encapsulated and released through interactive Gachapon Machines (a.k.a Gacha-Launchpad). The minting process aims to give the buyers a whole new experience playing with e-Gachapon machines coupled with lo-fi music, great visuals and stunning animation. Each series will feature a maximum of 5 NFTs available on the Launchpad, giving buyers a sneak peak of what could be minted.

Incubating a disruptive NFT gaming ecosystem to empower artists

Gachyi Land is on a mission to empower small artists to use Gachyi Land’s resources to unleash their creativity on the world, to give them the exposure and recognition they deserve. Most artists have yet to take advantage of the unlimited opportunities available in the NFT domain while others may have misconceptions about it. To address this challenge, Gachyi is stepping in to provide artists with the platform, community, technology, and tools they need to exhibit their work and explore the potential within the digital landscape.

“Gachyi Land will be a solution to this and will be a part of a greater movement to fundamentally change the way humanity thinks and interacts with the world. In our virtual world, what defines you are the choices you make and the way you choose to interact. Not labels, not gender, not titles and certainly not the way you look!” states Zappino.

About Gachyi Land

Gachyi Land is building an ecosystem that consists of an NFT Launchpad and Play-To-Earn MMORPG. NFTS issued on their platform will be incorporated within the ecosystem to serve either an in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.

With its disruptive Play2Earn MMORPG, Gachyi is providing artists with the platform, community, technology, and tools they need to unleash their creativity and gain the exposure they deserve. NFTs will be minted via Gachyi’s interactive gachapon machines on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC.

Gachyi Land Official Links

Website: https://gachyiland.com/

Twitter: https://twitter.com/GachyiLand

Telegram: https://t.me/GachyiLand

Instagram: https://www.instagram.com/gachyi.land/

Discord: https://discord.gg/pPWAC888kC

Facebook: https://www.facebook.com/Gachyi-Land-275279670982071

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November 9, 2021