Blockchain
CryptoTanks Launches Minimum Viable Product to Showcase Retro Tank Battle Action
Berlin, Germany–(Newsfile Corp. – February 17, 2022) – CryptoTanks, an NFT-based play-to-earn shooting game with a retro design, today announced the launch of its Minimum Viable Product, enabling gamers to take their battle tanks for a spin.
Crypto Tanks MVP
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8506/113975_329f5d2b140028c5_001full.jpg
The MVP is a simplified version of the upcoming game built to showcase its gameplay, giving players a first look at its maps, sounds, tank movements and fire, game menus and more.
Crypto Tanks is an NFT-based game due to launch in March, where players will be able to earn rewards while playing a restored version of the iconic 1990s’ “Battle City” shoot-em-up with 8-bit graphics that reached cult status in the history of video games. As a modernized version of the hit retro game, CryptoTanks will take the experience to another level with new features, tanks, maps and locations, as well as an innovative economic environment that makes it possible to play-to-earn.
CryptoTanks’ MVP is a separate product from the main game accessible through a web browser on PCs only. The DeFi mechanics have been disabled, meaning users will not be able to play with NFTs to earn $TANK tokens or battle ratings on this demo. Features such as map selection have also been disabled.
Players can access MVP to start honing their tank battle skills here. Simply click to login and hit the “Fast Match” button to enter the waiting room where a timer will be displayed as the game waits for other players to join the action.
Each battle will have five players and the action will last for five minutes, with each war machine piloted by a real, human player that has entered to check out CryptoTanks’ exciting tank battle gameplay mechanics.
In addition to the launch of the MVP, CryptoTanks announced its native cryptocurrency token $TANK has listed on the BitMart crypto exchange. TANK will be used to facilitate the economic features of CryptoTanks once its full version launches. Players will be able to spend TANK to buy tank NFTs, power up their tanks and bet on the outcome of battles with other players, among other features.
BitMart launched the TANK/USDT trading pair on February 17, with withdrawals enabled one day later.
“This is our first chance to showcase CryptoTanks gameplay and give our community a taste of what’s to come,” said Max, V., co-founder of Crypto Tanks. “This is only a demo and yet we can’t stop playing!”
The full version of CryptoTanks is still under development and will be playable on PCs and smartphones, with separate applications being developed for each platform. Progress on the game can be tracked here: https://docs.cryptotanks.com/changelog, where updates are posted each Friday.
About Crypto Tanks
CryptoTanks is a Play To Earn platform where every NFT is 100% usable in the gamified DeFi ecosystem. With Tank NFTs, users can earn yield and play games to earn money. The platform is partially owned and operated by its players. Earn Tanks tokens by playing and use them to decide the future of the game!
Contact:
Max von Lüttichau
COO
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113975
Blockchain
Green Technology & Sustainability Market Is Expected To Reach A Revenue Of USD 193.9 Bn By 2033, At 23.5% CAGR: Dimension Market Research
Blockchain
XChain, VARA’s Exclusive Transaction Monitoring Partner, Readies Rollout for Regional and Global VASPs
Global digital assets risk monitoring provider XChain, which has been working with Dubai’s VARA since 2022 as its exclusive forensic transaction monitoring partner, has announced the rollout of its services for institutional and retail Virtual Asset Service Providers (VASPs) in the region. The public launch of XChain’s transaction monitoring services will benefit VASPs, and eventually traditional financial institutions venturing into digital assets, offering much needed lifecycle support in areas of crypto oversight, compliance frameworks and transaction monitoring forensics.
By providing the region’s VASPs full visibility on the necessary regulatory and compliance frameworks, XChain aims to solve for key risk factors in on-chain transactions, enabling service providers to ultimately gain real-time insights into their risk metrics. XChain’s early intervention efforts will further establish a reliable and transparent monitoring foundation for VASPs, preparing them for proactive risk management as it relates to their different business models.
Haydn Jones, the newly appointed Managing Director of XChain, said: “With an increasing number of companies looking to tap into UAE’s digital assets industry, we are privileged to continue our work streamlining access to on-chain transaction risk-based analytics. It is therefore imperative for the compliance functions within VASPs to have access to the latest thinking, and we are proud to be at the forefront of blockchain forensics and asset monitoring to build a trusted and reliable framework that offers end-to-end support.”
Matthew White, CEO of VARA commented: “At VARA, we are committed to fostering innovation while ensuring robust regulatory standards for the virtual asset ecosystem. XChain’s rollout of its transaction monitoring services represents a significant step forward in enabling VASPs to operate with enhanced transparency and confidence. We are pleased to collaborate with XChain in setting new benchmarks for regulatory technology, which will not only benefit the digital asset sector but also build bridges with traditional financial institutions exploring this space.”
Building the Gold Standard in Forensic Transaction Monitoring
VARA and XChain are also working on a regulatory dashboard tool to advance the existing on-chain transaction monitoring standards for the region’s digital assets ecosystem. The dashboard, expected to be launched in beta later this year, will offer real-time on-chain data and open-source intelligence derived from VASPs, enabling such institutions, as well as TradFi and professional services companies dealing with digital assets, to integrate a unified risk monitoring tool that adheres to the gold standard in Virtual Assets Regulatory Technology.
The post XChain, VARA’s Exclusive Transaction Monitoring Partner, Readies Rollout for Regional and Global VASPs appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (Chainlink Labs, BlackRock, Fidelity, Dynamite Blockchain)
Exploring the Frontlines of Blockchain Innovation and Adoption
The blockchain industry continues to shape the future of finance, governance, and technology. Today’s briefing covers a range of key developments, from Australia’s crypto crackdown to Chainlink Labs’ expansion, Nevada’s innovative blockchain-driven electoral security, and updates on institutional Bitcoin adoption.
Australia’s Crypto Shakeup: A Looming Exodus for Blockchain Startups?
Australia’s blockchain and crypto sectors face a tumultuous period as nearly 30% of the country’s crypto-related businesses are projected to close operations by 2024. This decline follows increased regulatory scrutiny and diminishing investor confidence, as outlined in a report by KPMG.
The tightening regulatory environment has fueled debates about whether these measures protect consumers or hinder innovation. Advocates argue that clear regulations are crucial for building trust and stability in blockchain ecosystems, while critics fear they might stifle entrepreneurial spirit in the country.
This development could serve as a cautionary tale for other nations walking the fine line between fostering innovation and enforcing compliance.
Source: Cointelegraph
Breaking Down Institutional Bitcoin Adoption
Institutional adoption of Bitcoin is on the rise, marking a significant milestone for blockchain’s integration into mainstream finance. A new report reveals how companies are leveraging Bitcoin as a reserve asset, while financial giants explore Bitcoin-backed investment products to attract both retail and institutional clients.
While adoption is accelerating, barriers remain. Regulatory uncertainty, volatility, and infrastructure gaps hinder broader integration. However, with asset managers like BlackRock and Fidelity increasingly embracing Bitcoin ETFs, institutional interest appears to be solidifying the cryptocurrency’s position as “digital gold.”
This trend signifies blockchain technology’s growing legitimacy in traditional financial systems, offering a pathway for further innovation and integration.
Source: Bitcoinist
Nevada Implements Blockchain for Election Security
In a pioneering move, Nevada has integrated blockchain technology to enhance electoral security and prevent fraud. This development comes in response to a 2020 incident involving fraudulent electors, with blockchain now being used to verify the authenticity of electoral certificates and records.
The immutable and transparent nature of blockchain ensures tamper-proof data integrity, making it an ideal solution for secure electoral processes. Nevada’s initiative could serve as a model for other states and countries grappling with election integrity issues.
By leveraging blockchain for governance, Nevada showcases how this technology can go beyond finance to address critical societal challenges.
Source: 8 News Now
Dynamite Blockchain Rebrands and Charts a New Path
Dynamite Blockchain has announced a strategic rebranding initiative to align its corporate vision with emerging trends in decentralized finance (DeFi), non-fungible tokens (NFTs), and enterprise solutions. The rebranding effort includes an updated logo, a new corporate mission, and a pivot toward offering scalable blockchain solutions for businesses.
The company’s refreshed focus aims to position Dynamite Blockchain as a leader in enterprise blockchain adoption, helping organizations integrate decentralized solutions seamlessly into their existing frameworks.
This rebranding underscores the importance of adaptability in the rapidly evolving blockchain space, where staying relevant often means redefining one’s identity.
Source: GlobeNewswire
Chainlink Labs Expands to Abu Dhabi Global Market (ADGM)
Chainlink Labs, the developer of the blockchain oracle network Chainlink, has established a new presence in the Abu Dhabi Global Market (ADGM). This strategic expansion aims to tap into the Middle East’s growing blockchain ecosystem and foster collaborations with financial institutions in the region.
By entering ADGM, Chainlink Labs signals its intent to advance blockchain-powered financial solutions, with a focus on enhancing smart contract utility and adoption. The move also underscores the region’s increasing role as a hub for blockchain innovation.
This expansion reinforces Chainlink’s position as a key player in bridging on-chain and off-chain systems, further enabling the growth of decentralized applications worldwide.
Source: PR Newswire
Emerging Trends and Insights
- Regulatory Challenges: Australia’s crypto downturn reflects the broader tension between innovation and regulation, offering lessons for global blockchain players.
- Institutional Momentum: The rising adoption of Bitcoin by financial giants suggests a pivotal shift in the role of cryptocurrencies in traditional markets.
- Blockchain Beyond Finance: Nevada’s electoral security innovation highlights blockchain’s potential to address societal issues beyond financial services.
- Corporate Evolution: Dynamite Blockchain’s rebranding illustrates the industry’s emphasis on staying agile and forward-looking.
- Global Expansion: Chainlink Labs’ move into ADGM underscores the Middle East’s emergence as a critical blockchain innovation hub.
Key Takeaways
- Blockchain’s application in governance and security, as seen in Nevada, demonstrates its potential for societal transformation.
- Institutional adoption of Bitcoin is solidifying its status as a mainstream financial asset, even amid regulatory hurdles.
- Strategic rebranding efforts, such as Dynamite Blockchain’s, reflect the dynamic nature of the blockchain industry.
- Expansions into regions like the Middle East signal blockchain companies’ focus on tapping into emerging markets.
The post Blocks & Headlines: Today in Blockchain (Chainlink Labs, BlackRock, Fidelity, Dynamite Blockchain) appeared first on News, Events, Advertising Options.
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – A Daily News Briefing (21x, Sonic Labs, Ripple Labs, Uranium Investments, Pantera Capital,
-
Blockchain Press Releases6 days ago
KuCoin Lists GOATS, Enhancing Gaming Experiences in the TON Ecosystem
-
Blockchain Press Releases6 days ago
Bybit P2P Enters Holiday Season with Festive Rewards
-
Blockchain5 days ago
Alexander Guseff Appointed CEO of Layer 1 Blockchain Tectum
-
Blockchain6 days ago
Mercurity Fintech Announces Unaudited Financial Results for First Half 2024
-
Blockchain5 days ago
Prosper Powers Bitcoin MENA 2024 as Official Hashrate Sponsor
-
Blockchain Press Releases5 days ago
Bitcoin Breaks $100K Amid Market Volatility: November Option Volatility Report by Bybit and Block Scholes
-
Blockchain5 days ago
Unsecured Business Loans Market Report 2024 – Market Set to Grow to $7.67 Trillion in 2028 at a CAGR of 11.3%