Blockchain
Elonagotchi Launches NFT Token Built on the BSC Blockchain, Aims to Merge Retro Tamagotchi Game
Toronto, Ontario–(Newsfile Corp. – November 10, 2021) –
Figure 1: Elonagotchi launches NFT token built on the BSC Blockchain, aims to merge retro Tamagotchi game
The Story of the Game
Elonagotchi centers on the main character, Elon, who has used neural ink to import his mind into his favorite childhood game as a joke to the world. Unfortunately for him, he’s now trapped and unable to find his way out. His only chance of escaping is to get to his moon base, Space XM, where his best technology is hidden away.
The Mission for Gamers
Your mission as a gamer is to save Elon. To do this, you play and win tokens based off your Elon score. Play hard, earn harder. Competitive play will offer chances to win special Elonagotchi NFTs.
The Team Vision
The Elonagotchi team is passionate about the project and is raising funds to complete game development and create a thriving ecosystem that brings back the nostalgia of the 1990s in the exciting new era of cryptocurrency. The team is dedicated to solving the issue of low rewards for holders, through injecting the profits using real-world techniques used by successful businesses every day.
Giving Back to the Community
Elonagotchi profits in multiple ways in various currencies. It doesn’t discriminate when it comes to payment.
All profits go back into the token, increasing the market cap even by non-cryptocurrency holders such as fear app Stor monetization. This is done to broaden the reach of people able to contribute to the token, increasing the amount of money going into crypto even when people do not participate in crypto market.
Due to profit injections, reflections act as a dividend to the holder in the form of BUSD reflections at 8% of all transactions. These reflections are dispersed amongst Elonagotchi holders; they do not go to any contracted wallet.
DAO governs the business wallet, ensuring the wallet cannot be used for nefarious reasons and allowing holders to plan.
About Elonagotchi
Elonagotchi is a gaming / NFT token built on the BSC blockchain aiming to merge retro Tamagotchi game. Play to earn is a new fun way to earn a passive income stream while having a good time.
Social Media Handles:
Twitter: https://twitter.com/elonagotchi
Facebook: https://facebook.com/Elonagotchi-111241931339549
Telegram: https://t.me/elonagotchi
Reddit: https://reddit.com/r/Elonagotchi/
Media Details
Company Name: Elonagotchi
Email: [email protected]
Website: https://www.elonagotchi.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102880
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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