Blockchain
LBank Exchange Will List Mononoke-Inu on November 8, 2021
Internet City, Dubai–(Newsfile Corp. – November 8, 2021) – LBank Exchange, a global digital asset trading platform, will list Mononoke-Inu on November 8, 2021. For all users of LBank Exchange, the Mononoke-Inu/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on November 8, 2021.
Figure 1: LBank Exchange Will List Mononoke-Inu on November 8, 2021
In recent years, crypto world has continuously embraced meme and gaming cultures, bringing lots of related coins to the market. A project named Mononoke Inu is here trying to fundamentally transform the current meme coin narrative with its native token Mononoke-Inu, which will be listed on LBank Exchange at 23:00 (UTC+8) on November 8, 2021.
Introducing Mononoke Inu
Mononoke Inu was birthed from the idea of true community focus. The team members were inspired by the adventure picture they have loved since childhood and the anime crypto trend served as a catalyst for its release.
The Mononoke Inu team members are advocates of the DeFi space with backgrounds in development, marketing and design. They put their heads together to create Mononoke Inu as a true test of their potential: launching something that fundamentally transforms the current meme coin narrative. Mononoke Inu was launched to bring honesty, commitment and love of the game back to DeFi.
The team’s initial goal was to create a token which brought unity back to DeFi and rebuild the lack of trust between teams and communities. With Mononoke Inu, the team makes a commitment to fulfil every promise, to actively listen to its community and engage them in the greatest possible capacity.
Play-to-Earn Game Under Development
Mononoke Inu’s 2D adventure scroller is currently under development, for accessibility reasons the team has opted for a web based game which can be played on both mobile and desktop.
To ensure its wider target market are encouraged to participate in the game, the team has decided to make it Play-to-Earn. This means that every single player will have financial incentive to play no matter what. Players will earn in a variety of ways including completing levels, defeating bosses and collecting in-game power ups. The in-game power ups will offer various multipliers to an individual’s earnings and will be entirely randomized to further motivate its community to keep playing.
On top of this Mononoke Inu will hold daily competitions, during which the top 3 players of the day will be rewarded. The team believes this will incentivize and motivate players to play every day. This will not only increase its exposure but build more hype and bring more community members.
In addition, the game will also have NFT elements, these NFTs will be in the form of power ups, equipment and characters. Users will be incentivized to collect these NFTs to increase their chances of winning the daily competitions and getting to the top of the game’s leaderboard.
The Tokenomics of Mononoke-Inu
Mononoke Inu taxes 10% on each trade, 1% goes to redistribution, which is for rewarding the holders, investors can simply hold Mononoke-Inu and earn more Mononoke-Inu passively. 5% is for marketing, so the world hears about the Mononoke Inu community on ETH. 4% is for general development, these are all costs regarding project development.
Mononoke Inu has a burning mechanism that burns a specific amount of supply on milestones. Additionally, 4% of the 1% redistribution tax gets burned with every transaction. Currently 4% of max supply has been burned.
The listing of Mononoke-Inu on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about Mononoke-Inu Token:
Official Website: https://www.mononoke-i.nu
Twitter: https://twitter.com/Mononoke_Inu
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4408919930393
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102510
Exverse, a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3, announces the launch of its native $EXVG token on ByBit, a top-three crypto exchange by volume with over 20 million users. The ByBit launch will be followed by spot listings on the MEXC and Gate exchanges. Ahead of its full alpha launch in mid-May, Exverse hosted a soft-launch tournament for 5,000 early registrees on April 15 with cash rewards for top performers.
During the last bull run, Web3 games rose to prominence under the play-to-earn mechanism that made games like “Axie Infinity” so popular. As this model became widely replicated, many of these blockchain-based games prioritized the crypto elements at the expense of the actual game aspects. This trend could be seen in practice by many titles opting to undergo a token launch before even having a working demo, disincentivizing developers to build a quality game, and leaving users with no ecosystem or functioning game to play and spend or the native currency in.
With Exverse approaching its full launch, players can earn $EXVG by performing well while using the native token to enter matches, purchase premium items, and more. The $EXVG token builds on Exverse’s extensive beta and serves as the ecosystem’s currency while the game’s community witnessed a 20 percent growth in verified signups within a month. Supporting Exverse in their token launch are prominent launchpads and incubators that include Seedify, ChainGPT, and GameFi.
To build momentum for its upcoming alpha launch in mid-May, Exverse showcased its game by holding an exclusive deathmatch-style tournament for 5,000 early wait listers on April 15. The five-day tournament, which took place on the game’s ‘Battle Planet,’ gives players a chance to demonstrate their skills and win rewards via stablecoins and tokens. With $50,000 in total up for grabs, the top 100 performers earned at least $200. Top five finishers earnings were dispersed accordingly:
1st place: $4,000
2nd place: $2,000
3rd place: $1,500
4th and 5th place: $1,000
Built using Epic’s Unreal Engine 5, Exverse utilizes blockchain technology to strike a balance between enjoyable, realistic, and immersive real-time gameplay. The game prioritizes skill over pay-2-win mechanics, enabling players to earn rewards by staking tokens before a season’s kickoff. Top performers receive a share of profits from in-game NFTs such as cosmetics and skins.
To support the ecosystem’s development, expansion, and growth while rewarding the team and its early supporters, 400 million $EXVG will be minted.
“We are extremely excited about our token launch and proud to work with a great partner like ByBit to make it happen,” says Fei Ooi Hoong, CEO of Exverse. “We worked tirelessly to develop a diverse, engaging, and intuitive first-person shooter capable of revolutionizing how the public views blockchain-based gaming. Our talented team tapped into its background in traditional gaming to develop a rich and immersive gaming experience and then strategically implemented the NFT elements and in-game economics to enhance the user experience.”
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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.
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