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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?

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.

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 –

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

Ebang International Reports Financial Results for Fiscal Year 2023

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Blockchain

FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers

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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.

The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.

Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.

The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.

As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.

Source: cointelegraph.com

The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.

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Blockchain

Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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