Tag: launch

  • ERA7: Game of Truth Share Exciting News of their Dec 20th NFT Sale followed by IDO and Game Launch in early 2022 | by Bit Media Buzz | Dec, 2021

    ERA7: Game of Truth Share Exciting News of their Dec 20th NFT Sale followed by IDO and Game Launch in early 2022 | by Bit Media Buzz | Dec, 2021

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    Era7: Game of Truth is an innovative Play2Earn NFT trading card game (TCG) that has recently been creating a lot of buzz in the GameFi space. We reach out to Era7 to find out exactly what makes this game tick.

    Q. Please introduce yourself and what you do at Era7, thank you.

    Hi, I am Teddy Chen, responsible for the system design of the Era7: Game of Truth project. I graduated with a bachelor’s degree from Shu-Te University. I previously worked at Game Hours Inc as Vice President of Operations and before that I was the General Manager at Joycell Inc and the Operations Manager at ISTAR Inc.

    In the game industry, I possess 20 years of experience — from PC online games to web games, mobile games, and now I am a part of the very exciting blockchain GameFi industry. My long gaming experience has taught me to focus on the players — how do they feel, what motivates them etc. As the person in charge of system design at Era7, I hope to provide the best gaming experience for players everywhere.

    Q. Congrats on your recent fundraising with a staggering lineup of VCs and institutions. How did you manage that?

    Era7’s Research & Development team has 15 years of experience in online game development and achieved great results in the traditional gaming space. To date, we have altogether accumulated nearly 10 million users in the online games that we have developed.

    After adding the concept of NFTs and Play-to-Earn to the Era7 game, along with offering chain interoperability, we attracted many well-known blockchain investment institutions. These institutions are extremely interested in the three competitive features of Era7, which are:

    1. Ability to attract the traditional gamers. Era7’s Trading Card Game (TCG) genre and rich gameplay are factors that resonate with traditional game players. Moving forward, the iOS and Android versions of the game will be launched simultaneously, and with promotional support from the traditional gaming circles, will bring in more valuable new traffic to the gamefi industry.

    2. High-quality product. Era7’s offers rich gameplay content and competitive elements, providing users with long hours of entertainment. With 1,000 exquisitely crafted NFT cards that have different attributes, the players can come up with endless battle strategy combinations which can generate different performance outcomes in battle. In the near future, these players can form an ever-growing PVP (player-to-player) competitive gaming community where they can not only play to earn, but also play for fun. At the same time, Era7 is also in the process of building an Esport-Fi model, so that holders of rare NFT assets will have more avenues to earn.

    3. Low threshold entry to Game of Truth. Era7 has no barrier to entry for players. Users who don’t understand cryptocurrency can still experience the game in the free-to-play mode. Indeed both novice and experienced gamers can find their place in the game, and together with the project, build their own worlds of truth that belong to them.

    Q. What is the central concept behind Era7: Game of Truth?

    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.

    At Era7, we hope to create a world of truth that belongs to all the players in this kingdom of truth.

    Q. You are a Play2Earn NFT trading card game, are there other GameFi projects like you? If so, how are you different from your competition? If not, help us to understand your first-mover advantages in this space.

    We have two types of competitors. The first type are those like Thetan Arena, with elements of esports and competitive attributes built into GameFi. The second type are those like the Splinterlands/Mytheria card games with GameFi. They are all undeniably excellent and successful projects, and have built their own core following.

    Compared with the GameFi products on the market, the prime advantages of Era7 are the following:

    Q. Tell us more about your upcoming NFT Sale on December 20th. Can you share some pictures of the types of trading cards that will be on sale? What are the premium buys?

    The NFT Sales Event will be launched on 20th December and will feature 6,000 standard Mystery Boxes (‘Light Box’) priced at USD 119 and 400 premium Mystery Boxes (‘Epic Light Box’) priced at USD 399 respectively. The Mystery Boxes will be released in batches on a first-come-first-served basis.

    The NFT launch will start on December 20th at UTC 12:00 and end on December 22nd at UTC 00:00.

    Using Metamask, buyers can connect to the official marketplace to pay for purchases with $BUSD.

    The Light Box and the Epic Light Box will feature 16 Master Cards with varying levels of rarity and value. When a buyer obtains a Master Card, he or she has approximately 15 days, before the game is officially launched, to complete the ‘UNSEAL’ function. After the buyer completes unsealing, he or she will receive several Battle Cards in one go. Furthermore, the Master Card that he or she holds has the capability of automatically summoning Battle Cards daily. These NFT cards are all precious in-game resources.

    Subsequently, when the user ecosystem is well-developed, the quantity and quality of the cards held by the player will be the conditions that determine the number of ERA tokens and GOT rewards that the player will be able to obtain. Both ERA and GOT are game tokens which can later be exchanged for cryptocurrencies on DEXes and CEXes in the future. The unsealed Mystery Box that has been successfully snapped up at this upcoming sale or the Master Card that is obtained after unsealing can both be traded and sold on the official marketplace.

    Here are examples of the 2 types of Mystery Boxes:

    Here are some examples of Master Cards:

    Q. Please share with us any other exciting news that you would like our readers to know thank you.

    Era7 officially launched global marketing for the project in November 2021 and since then we have been revealing news and updates in stages. To date, Era7 has completed its seed round and an initial private round of financing, led by Hashkey and MOBOX, and a dozen other renowned VCs and institutions including Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin Fund, Waterdrip Capital and more.

    In November 2021, we set up our official website and built our community on channels like telegram, twitter, discord, facebook, reddit and medium. Simultaneously we also launched our global PR in Southeast Asia, Europe, South America and other countries. Currently, we have more than 190,000 followers in our community.

    On December 16th, the second phase of our official website was released and we launched the white paper as well. We had a series of airdrops and giveaways and started our NFT airdrop on December 13th. What is most important is that our NFT official marketplace will go live on December 20th, and at the same time, the NFT Mystery Boxes will be on sale for a limited time.

    Come January 2022, Era7 will launch our IDO. We are excited that we have managed to collaborate with Pancake and another well-known IDO platform. We will be announcing whitelisting activities, how to participate in the IDO and final confirmation of the IDO platforms. After completing our IDO milestone, ERA token and GOT token will be officially registered on exchanges.

    The first version of Era7 will be introduced in February 2022 to our players and they can join the play-to-earn game to play and earn. From here on, we are also planning for the development of an esport ecosystem, construction of a GameFi platform and building a series of IP for Era7 and other metaverse products. Players are welcome to check out the details on our official website or from the roadmap in our White Paper.

    For more updates on Era7: Game of Truth, please check out its official Website, follow the project on Twitter and join the conversation on Telegram or Discord.

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  • MRHB DeFi Partners With Masary Capital to Launch Halal Retail and Institutional Crypto in the UAE | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Partners With Masary Capital to Launch Halal Retail and Institutional Crypto in the UAE | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    Dubai, UAE, December 14th, 2021 — MRHB (Marhaba) DeFi, the world’s first halal and ethical Decentralized Finance (DeFi) platform, is proud to announce their partnership with UAE-based crypto pioneer Masary Capital to bring DeFi opportunities to both retail and institutional clients in the United Arab Emirates and beyond, for the first time in the Islamic Finance space — a market estimated at around USD 3 trillion globally.

    The agreement was signed between Masary CEO, Mr. Khalil Abdullah, and MRHB CEO & Founder, Mr. Naquib Mohammed, in Dubai, UAE, a fast emerging global crypto hub for the sector.

    MRHB DeFi will be providing an entire ecosystem of eight innovative and shariah-compliant DeFi products for distribution through Masary Capital’s retail platform that provides easy access to crypto payments, investments, services and global remittance facilities. Together, they will encourage maximum UAE participation in the crypto space for those consumers who are focussed on halal services and opportunities.

    “Our pioneering crypto platform will provide a seamless path for our businesses, institutions and consumers to participate. Our partnership with MRHB DeFi is aimed at giving access to the full potential of DeFi to our Islamic customers,” said Masary Capital CEO, Mr. Khalil Abdullah.

    Masary Islamic is one of the key product suites of Masary Capital that will be “Powered by MRHB”. Under the leadership of Mr. Khalil, Masary Capital aims to unlock transactional efficiencies of blockchain technology to shape a new financial system that is both highly efficient and productive.

    “We are proud that Masary Capital has chosen us to be their preferred DeFi partner,” said MRHB DeFi CEO Naquib Mohammed. “This partnership will drive both retail and crucial institutional growth in the region and support our vision of providing DeFi to over 1 Billion people who find themselves excluded from the cryptosphere due to faith, lack of access and complexity.”



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  • Era7 Debuts NFT Launch after Closing Seed & Private Round One Led by Premium Lineup of Blockchain Investors | by Bit Media Buzz | Dec, 2021

    Era7 Debuts NFT Launch after Closing Seed & Private Round One Led by Premium Lineup of Blockchain Investors | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    Singapore, December 6th, 2021 — BSC-based (Binance Smart Chain) Era7: Game of Truth is set to open the sales of its first batch of NFT Mystery Boxes on 20th December 2021, paving the way for the launch of Era7’s most anticipated Play-to-Earn NFT Trading Card Game in the first quarter of 2022.

    Era7’s journey into the blockchain gaming space is backed by some of the biggest names in the industry, who have rallied behind its vision and mission. To date, Era7 has completed its seed round and an initial private round of financing, led by Hashkey and MOBOX, and a dozen other renowned VCs and institutions including Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin Fund, Waterdrip Capital and more.

    Funds will be directed towards the ongoing game development as well as marketing and operations. Notably, besides investing, MOBOX will also come on board Era7 as co-developer consultants, providing technology support towards the development of Game of Truth.

    An Excellent Opportunity to Access Privileged NFT Prices

    The upcoming NFT sale provides a good opportunity for early supporters to benefit from the privileged pricing of the unique trading cards. In the first batch of NFTs on sale, while the Mystery Boxes are priced the lowest, buyers will be able to enjoy privileged pricing across all NFT trading cards. Endowed with different features, all cards have intrinsic in-game value and can hold considerable upside potential in the TCG market as the trading cards gain increasing value alongside growth in the game’s popularity and a corresponding scarcity of the NFT cards on open markets.

    Indeed, for fans of the game, this is the perfect opportunity to strategically collect cards and position themselves early in the game, not to mention an excellent opportunity to invest early at the lowest NFT prices for future returns.

    According to Era7, they will also implement an NFT airdrop right before the NFT sales to reward the community for their continued support and commitment to Game of Truth.

    Game of Truth aims to be a Benchmark for NFT trading card games

    Era7: Game of Truth is the first trading card game to deploy the concept of NFTs and DeFi to captivate gamers with its unique Play2Earn features. Designed to drive traditional gamers to GameFi, Era7 gives them and blockchain gamers the opportunity to earn, own, and exchange in-game items with real-world monetary value.

    By providing modestly competitive and fast-paced gameplay, combining combat and strategy, Game of Truth hopes to become every gamer’s choice. In a three-minute game, players may think about how to configure and strategize their greatest decks in PVP (player-versus-player), PVE (player-versus-environment), and other tournament types to win the game as well as token rewards.

    The Era7 developers aim to establish a market-oriented approach for the Game of Truth. By combining cutting-edge technology and ground-breaking new gaming innovations, Game of Truth’s target of being a TCG benchmark in the world of GameFi looks poised to take off.

    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 vie 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, MOBOX, Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin, Fund Waterdrip Capital and more.

    Era7: Game of Truth Official Links

    Website: https://www.era7.io

    Twitter: https://twitter.com/Era7_official

    Telegram: https://t.me/Era7_Official

    Telegram (Chinese): https://t.me/Era7_Official_CH

    Discord: https://discord.com/invite/jtFRzTv5Zw



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  • Cardano Project Flickto Surpasses 1.5 Million ADA Staked One Month After Launch

    Cardano Project Flickto Surpasses 1.5 Million ADA Staked One Month After Launch

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    Flickto has seen tremendous success since its first launch on Nov 1st. The number of delegates on the platform has grown rapidly, as has the volume of ADA staked. Less than one month after launch, more than 1.5 ADA has been staked on its ISPO delegator pool.

    The project is revolutionizing the way that media financing is carried out. Flickto uses the ISPO pool to fund projects through community partnerships. The media launchpad provides creators with the financing they need to produce their content, while simultaneously providing users the ability to earn passive income by way of distribution royalties after the projects are completed.

    Staking In Flickto ISPOs

    Users can stake and earn rewards by staking their ADA and earning Flickto’s native token FLICK. Staking with FLICK tokens gives the user the right to vote for the projects which they would like to see funded. Then when the projects are approved by the broader community via voting with staked FLICK tokens, financing is provided until the project is distributed. At which point users will start earning royalties.

    Users are able to fund projects that will eventually be seen on the big screen in theaters and also on their TV screens. This takes the power over the media industry out of the hands of a few conglomerates and puts it in the hands of the community, completely eliminating the barrier to entry for industries such as this.

    In addition to the rewards from staking FLICK and ADA, participating in voting also earns users rewards. It also makes users eligible for extra rewards, like the just-concluded airdrop that saw two NFTs go to users who have staked in the pool.

    Where Media Meets Blockchain

    Flickto is the first of its kind on the Cardano blockchain and as such has recorded much success since launch. It entered into a partnership with media industry veterans Ben Morris and Geraint Harvard Jones, who serve as advisors to the project. With decades of experience between the two, they will guide Flickto as they navigate the media project financing space.

    Artists from various genres can be selected by the community for financing. Flickto is not just limited to film and TV production. NFT artists and content creators are another example of projects that users can vote on.

    FLICK Private And Public Sale

    Flickto has completed the first phase of its Private Sale round with great success. The next opportunity to acquire FLICK outside of the ISPO is via the upcoming IDO. The private sale gave users the opportunity to purchase the tokens at a low price.

    The Cardano-based project will help accelerate Flickto to provide efficient and transparent crowdfunding services.

    The total supply of FLICK tokens is capped at 5,000,000,000 with a total of 1,000,000,000 FLICK tokens going up for sale in the private sale.

     

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  • L1 ARCHEthic Blockchain Mainnet Launch is a Success | by Bit Media Buzz | Nov, 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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  • Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund

    Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund

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    Reddit co-founder Alexis Ohanian has teamed up with Solana Ventures to launch a new investment fund dedicated to Web3 and social projects, potentially setting the stage for the next wave of budding crypto startups. 

    Ohanian announced Tuesday at the Breakpoint conference in Lisbon, Portugal that his Seven Seven Six venture firm and Solana Ventures have allocated $100 million to Web3 and “decentralized social projects.” In an accompanying news release, the internet entrepreneur touted his venture firm’s expertise in “identifying and investing in early social and crypto trends,” which include Reddit, Patreon and Coinbase, among others.

    Raj Gokal, the COO of Solana Labs, said “Web3 turns users and creators into owners and stakeholders, a change that can’t come soon enough to social media.”

    Centralized social media platforms such as Facebook are said to generate hundreds of billions of dollars in annual revenue, mostly through advertising and without rewarding content creators for their contributions. While efforts to “decentralize” social media have been underway since at least 2017, no blockchain-based social project has reached mainstream adoption. Seven Seven Six and Solana Ventures said they will prioritize technologies and applications that [eliminate] value extraction from centralized intermediaries.”

    Related: BREAKING: Facebook rebrands to Meta as focus expands beyond social media

    Solana Ventures has been highly active on the investment front, having only recently spearheaded a $100 million fund dedicated to Web3 gaming, also known as GameFi. Similar funds were also launched by Sanctor Capital and Huobi Group. Over $17 billion in venture capital has flowed to crypto- and blockchain-focused startups so far in 2021.