Blockchain
Singapore-Based Gaming Platform Affyn To List Native $FYN Token on Bitmart
Listing To Confer Benefits Of Platform’s Mobile Play-to-Earn Model & Spread Awareness
Singapore, Singapore–(Newsfile Corp. – March 28, 2022) – Affyn, the Singapore-based blockchain startup and one of the pioneers of the mobile Play-to-Earn model, has announced that the platform’s native token $FYN is set to list on Bitmart, a global cryptocurrency exchange operating across more than 180 countries.
Earlier in February this year, the $FYN token made its exchange listing debut. Since then, it has positioned itself as the fourth-most visited and third-most searched token, surpassing the likes of prominent tokens. Now, per a tweet posted by the company, the $FYN token will be listed on the Bitmart exchange starting March 30, 2022 (14:00 UTC).
As opposed to many other metaverse games, Affyn’s in-game characters, called “buddies,” are reusable across different metaverses and games. By providing value in both the real and virtual worlds, the FYN token creates a circular economy, enabling players to participate in in-game competitions, trade NFTs and virtual properties, as well as pay for real-world expenses.
As an added benefit, $FYN tokens earned in the game can be used in the real world – a feature that most P2E games don’t currently offer. This means that the $FYN token can be used to purchase retail items, lifestyle products, and travel in the real world.
Lucaz Lee, Affyn’s Founder and CEO, notes, “We have received immense support and love from the community. Our sustainable gaming economy is designed to enable users to tap into numerous, valuable revenue streams. At the same time, our community will be able to use the $FYN token in the real world. We’re looking forward to the upcoming Bitmart listing given it empowers us to reach users across more than 180 countries, contributing further towards our mass adoption efforts alongside real-world use of digital assets.”
About Affyn
Affyn offers a Play-to-Earn mobile game with integrated AR and geolocation capabilities through its blockchain-powered Metaverse platform that is free-to-play. This unique blend of technologies offers the platform’s community of players an immersive gaming experience where the virtual and real worlds converge. The platform’s native FYN token also offers real-world utility, allowing players to convert it to fiat currency and pay for various products and services.
PRESS CONTACT
Name: Tammie Chew
Email: [email protected]
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118328
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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