Blockchain
Vmates Raises Strategic Funding to Execute Vision as Social Gamefi Metaverse Platform
New York, New York–(Newsfile Corp. – December 16, 2021) –
Figure 1: Vmates raises strategic funding to Execute Vision as social gamefi metaverse platform
Additionally, InnMind, O’daily, Panony, The Cryptofomo and AMAloversclub formed a corporation partnership with Vmates as well.
Play To Earn
Play-to-earn gaming has taken the traditional gaming world by storm. With this unique gamefi model, participants are rewarded with gaming assets.
Game
Vmates is a game that takes the form of a virtual pet that can be interacted with by the users with the overarching theme of social-oriented gameplay. Hosted on the Binance Smart Chain, Vmates takes virtual pets and establishes them as NFTs on the blockchain. This represents a fantastic bridge between the virtual world and the real world while having a unique gamified experience, including a multitude of features, interactions, token utilities, and more.
“We’re truly humbled by the strong support from our new partners across the global. This new investment will help further our mission of building a social gamefi metaverse platform. As we are moving towards the asset ownership-based gaming economies, we truly believe Vmates will play a major role in this new gamefi phenomenon,” said Yuan, Founder, Vmates.
The next milestone of Vmates is to launch IDO with LavaX Labs, WeStarter and the preview alpha test in Dec 2021.
Twitter: https://twitter.com/Vmates_official
Telegram: http://t.me/vmatescommunity
Discord: http://discord.gg/jhsD2XYJJ3
Media Details
Company Name: Vmates
Contact Name: Yuan
Email: [email protected]
Website: https://www.vmates.io/
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain
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Blockchain
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