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Synapse Network to Work Alongside Nakamoto Games to Enter the Metaverse

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London, United Kingdom–(Newsfile Corp. – December 21, 2021) – The gaming sector has become increasingly involved with the metaverse, and for good reason. After all, who wouldn’t want to be able to enjoy all sorts of games while simultaneously earning an income. One such company is that of Nakamoto Games, which has been working within the gaming industry for some time and they recently also became involved with NFTs and the metaverse.

In a collaborative effort to help revolutionize the already booming NFT and DeFi sector, Nakamoto Games will be working with Synapse Network. The long standing cooperation between the two has managed to benefit both parties immensely, and the most recent efforts are focused towards the metaverse as well as the organization of a one-of-a-kind NFT sales campaign.

Figure 1: Synapse Network To Work Alongside Nakamoto Games To Enter The Metaverse

With that being said, the ‘Nakaverse‘ is being developed by Nakamoto Games. Essentially, this is Nakamoto Games’ version of the metaverse and with all the attention being given to the metaverse these days, it only makes sense for Synapse Network to also become involved. As such, Synapse Network has announced that the launchpad shall be organizing a ‘land’ sales campaign for the very first time. As a matter of fact, this is the inaugural campaign of this type, and it is largely based around the selling of lands to the Nakaverse. Other metaverse-based projects which are similarly involved with selling digital land include the likes of the highly popular Decentraland (MANA), so it’s safe to say that Nakamoto Games knows what it’s doing.

What is Synapse Network?

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Synapse Network wants to popularise the concept of a properly regulated financial institution supported by DeFi products. It consists of a group of professionals with more than 20 years of hands-on expertise in business, banking, technology, start-ups, and blockchain solutions. It therefore divides its product offering into two primary categories, namely retail and institutional.

The purpose of the retail stream is to allow retail investors from various traditional financial markets to put their fiat money into DeFi products to earn greater returns as compared to what traditional banks give. On the other hand, the institutional stream will allow traditional market enterprises to use cryptocurrencies as a solid investment vehicle as well as a transactional asset in their regular operations. It shall additionally provide novel crypto-friendly solutions to help enterprises dealing with this issue be able to quickly swap crypto for fiat.

Additionally, Synapse Network provides a solution based on cross-chain capabilities. Cross-chain functionality is essential as it allows for improved scalability as well as interoperability by enabling various blockchains to interact with one another. Furthermore, a top-of-the-line antibot solution has been provided thanks to Synapse Network, along with different staking solutions, applications based around Web 3.0, vesting capabilities, and even a VC (Venture Capital) fund to be used for those startups which may have potential for the long-term.

What is Nakamoto Games?

Nakamoto Games provides players all over the world with the option to engage in a plethora of blockchain-based games while earning a steady and large revenue. One of the main reasons as to why the metaverse is becoming so popular has to do with the many P2E (Play To Earn) projects that are involved with it. P2E allows anybody with a stable Internet connection to potentially earn money via cryptocurrencies on a long-term basis all while enjoying different games.

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Nakamoto Games is therefore constructing a state-of-the-art P2E ecosystem in which players can earn money in a virtually infinite number of blockchain-based games. Moreover, creators may also distribute the games to a relatively larger user base. As a result, Synapse Network sees a lot of promise in the blockchain-oriented gaming sector and community and aims to link numerous more projects to the Nakamoto Games ecosystem. If the current trend with gaming and the metaverse continues, then this could end up being a worthwhile investment indeed.

What does the sale mean?

Through the sale, Synapse Network will be able to mark the start of its implementation of projects that are based on NFTs and the increasingly popular metaverse. In conjunction with Nakamoto Games, Synapse Network will provide the Nakaverse with 50 ‘lands’. To acquire a land, the user must first stack 1,000 SNP tokens, then transfer $ 5,000 to the Synapse Network platform (land value), and finally compete on Gleam through this link.

As such, the team shall then choose 50 individuals who match these criteria from among all those who meet the requirements and will be allowed to acquire lands for Nakaverse. The remaining competitors who paid $5,000 toward the purchase of the state but were not chosen in the competition shall eventually receive their funds back.

Media Contact –

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CEO name: Paweł Łaskarzewski
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108205

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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