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Alien Worlds NFTs Sell Out in First ETH-WAX Dutch Auction

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Zug, Switzerland–(Newsfile Corp. – October 15, 2020) – Alien Worlds (alienworlds.io), the NFT DeFi metaverse created by the team that pioneered the decentralised autonomous community (DAC) and tokenised block producer eosDAC, has sold out its inaugural NFT sale in the first-ever Dutch auction on the WAX Blockchain.

Alien Worlds is the only NFT DeFi project cross-denominated on both Ethereum and WAX. Gamers farm the metaversal ERC-20 token, Trilium, using NFT land and tools. NFT cards confer gameplay advantages in mining and fighting, and power is expressed by participants staking the ERC-20 Trilium token to planets, each of which is a DAC with dedicated elected leadership.

The Alien Worlds inaugural Dutch NFT auction concluded on Oct. 10, 2020, and allowed gamers to secure Launch Packs at a range of prices. Launch Packs sold out well in advance of the conclusion of the auction, which was scheduled to run for 24 hours.

Buyers opined on purchasing strategies in the active Alien Worlds Telegram channel during the lively auction and are keenly awaiting the four additional Alien Worlds NFT pack sales that will occur this autumn. Buyers paid the opening Dutch auction prices to secure “first mints,” which are popular among NFT collectors due to their ultra-rarity. As prices moved down through the price range, auction participants were determined to secure Alien Worlds NFT cards with better stats, which make mining and fighting more lucrative within the metaverse and which can later be “shined” for even greater gameplay efficiency.

The upcoming NFT auction schedule will be:

  • Oct. 23: Rare Pack Sale – 4,000 packs with greater probabilities of receiving Rare-type cards and some special cards reserved for this sale.
  • Nov. 6: Legendary Pack Sale – 3,000 packs with greater probabilities of receiving Legendary-type cards.
  • Nov. 20: eosDAC Pack Sale – Sale for eosDAC tokens with bonus probabilities.
  • Dec. 4: Special Land Pack Sale – The only chance to obtain Land NFTs.

The auctions take place on the Alien Worlds Sales website and offer parallel supply on Ethereum and WAX. NFT holders from Ethereum communities like Decentraland, Gods Unchained, Sandbox, RARI and Axie, as well as the growing WAX-based NFT communities, participate in tandem. Alien Worlds NFTs are available in the upcoming auction series, but the fungible Trilium token can only be obtained in-game through play. Alien Worlds co-founder and blockchain lead Michael Yeates has innovated the first cross-chain Ethereum-WAX methodology, which allows the fungible Trilium token to be recorded and transacted simultaneously across both blockchains.

“The success of Alien Worlds’ first auction tells me our community understands how NFTs complement DeFi so synergistically,” said Alien Worlds co-founder Rob Allen. “People love NFTs because they are digital items you can use in gameplay and collect. People love DeFi because it’s an emerging application of blockchain through which we find sources of potential earnings and arrange those directly with peers. Within Alien Worlds there’s a home for both, because our project relies on both NFTs and the decentralised autonomous community or DAC structure, which allows users to decide how earnings are apportioned.”

Since Ethereum is the home of DeFi and WAX is “the King of NFTs,” Alien Worlds sits at the crossroads of these advances in blockchain by being the first and only cross-denominated project. To strengthen this conjunction, Alien Worlds is reaching out to highly invested Ethereum NFT enthusiasts. The project has dropped Promo Packs of NFTs onto the top 6,400 NFT holders in Decentraland, RARI, Gods Unchained, Sandbox and Axie. Users can check if they made the cut and claim their Promo Packs via alienworlds.io. Alien Worlds is also seeking ETH Ambassadors to help spread the word.

“We’re excited to see how the community evolves this project, particularly in terms of ‘planets,'” said co-founder Sarojini McKenna. “Users choose where to stake their Trilium, and a planet with more Trilium staked to it will receive more rewards, which that planet can decide how to use – including paying its backers. The fact that each planet is its own DAC makes this truly decentralised, which we know from experience leads to an abundance of energy and creativity; wonderful things you never could have foreseen start happening.”

Alien Worlds is set in a future in which some of Earth’s inhabitants have discovered a way to escape the raging pandemics on Earth through a wormhole revealed to them by an advanced alien race, which sent messages through Bitcoin mining algorithms. To build a fairer economy, everything in the Alien Worlds metaverse was tokenised.

Now, the Alien Worlds “Star Route” or roadmap, published on the project’s website, includes the launch of the beta Unity user interface, the opening of the “shining” functionality in which NFTs can be combined to create rarer items, and the commencement of battling using NFT weapons and minions in the Thunder Dome. Further developments in the metaversal narrative arc, sometimes precipitated by guidance from an Ancient Alien AI, will be ongoing.

About Alien Worlds (alienworlds.io): Alien Worlds is a smart-contract decentralised metaverse combining DeFi farming with NFT card-based strategy play. Alien Worlds has partnered with a game engineering studio to create the metaversal UI, which will call blockchain commands seamlessly so anyone can explore, earn, battle and stake in Alien Worlds. For more information, join our Telegram or Discord or refer to our Blockchain Technical Blueprint.

About Dacoco (dacoco.io): Alien Worlds creators Dacoco GmbH are based in Zug’s Crypto Valley and have a strong EOSIO pedigree. The team were instrumental in the EOS chain launch as key members of “Ghostbusters,” the tech group that successfully garnered sufficient tokenholder backing to launch the EOS blockchain. Dacoco founders were also crucial to the highly successful 2018 eosDAC airdrop and are active workers within eosDAC, the only DAC block producer on EOS, WAX and other chains. Dacoco GmbH is a member of the Blockchain Game Alliance.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/65939

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Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.

The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.

Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.

Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.

Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.

Source: blockchain.news

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.

The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.

Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.

The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.

In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.

Source: blockchain.news

The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.

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Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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