Blockchain
Web3 Doge Announces Its Project, Set Sights on Becoming Gateway for 3D Pets Avatars
New York, New York–(Newsfile Corp. – February 28, 2022) – The
Figure 1: Web3 Doge Announces Its Project, Set Sights On Becoming Gateway For 3D Pets Avatars
The Web3 Doge project is an innovation in the Metaverse space with the fusion of gaming, blockchain, and social.
By exploring the Metaverse space, Web3 Doge offers users utility with the potential to scale up its marketing capitalization.
Some of these utilities are:
- NFT Marketplace
The Web3 Doge team has completed plans to create in-game NFT elements for accessories, food, pets clothing, and accommodation. The limited supply of NFTs minted will serve as an income-generating channel for creators.
- Play-to-Earn Game
The Web3 Doge users can participate in the project’s play-to-earn games and build kennels, which can be rented, upgraded, or level up. They can also generate income through the in-game NFT marketplace and the deployment of the social NFT Marketplace.
- $WEB3 Utility
The Web3 Doge or $WEB3 can be used for events, games, and NFTs trading. The native token is the accepted transaction medium in the ecosystem.
- Pet Dao
When users hold and stake the pet NFTs, they can participate in the pet DAO and exercise their governance and voting rights.
The Play-to-Earn Game Concept
New players are given a free Kennel, which can be used for renting new kennels and shift their businesses to new kennels as they progress in the game.
Users will be rewarded with new currencies when they complete assigned tasks. In this off-chain economy, players can perform four actions which are:
1. Build
Players can buy businesses in an action that is synonymous with NFTs minting.
2. Rent
On-chain players are offered the opportunity to mint their businesses and rent them out to off-chain players to enable them to generate higher yields.
3. Upgrade
Players can also expand their businesses as the game progresses.
4. Sell
Players can sell their NFTs through a secondary marketplace such as the Binance NFT Marketplace. The in-game auction is a primary marketplace through which they can sell their NFTs.
The Web3 Doge project has recorded some noticeable milestones since it was launched – In less than 24 hours of its launch, the token achieved a total market cap of more than $5,000,000.
$WEB3 on PancakeSwap
The $WEB3 token is available for purchase on PancakeSwap: https://pancakeswap.finance/swap?inputCurrency=BNB&outputCurrency=0xf45de5a6d02c4a6e050b90add33ebf0a34d017e0
CoinMarketCap: https://coinmarketcap.com/currencies/web3-doge/
CoinGecko: https://www.coingecko.com/en/coins/web3-doge
BSCScan: https://bscscan.com/address/0xf45de5a6d02c4a6e050b90add33ebf0a34d017e0
Social Media:
Twitter: https://twitter.com/web3_doge
Telegram: https://t.me/web3_doge_eng
Medium: https://medium.com/@web3_doge
Github: https://github.com/web3doge
Media Details:
Company Name: WEB3 Doge
Email: [email protected]
Website: https://web3doge.io/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114975
bybit lucky
Blockchain
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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