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MOBLAND and Wormhole Introduce GameFi 2.0 Multi-Chain Metaverse Ecosystem

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Singapore, Singapore–(Newsfile Corp. – April 7, 2022) – MOBLAND, the first-ever Mafia-themed Metaverse has announced a partnership with Wormhole, the largest cross-chain interoperability protocol to build GameFi 2.0 cross-chain bridging solution. All the while, MOBLAND’s Mafia-as-a-DAO governance system has been the #1 NFT collection on Binance NFT (all-time volume) for 4 months running.

The cross-chain solution by MOBLAND and Wormhole is accomplished in close collaboration with Nduja Labs, a laboratory for decentralized projects and publisher of Everdragons2, a play-to-earn cross-chain NFT blockchain game. The partnership will introduce a first-of-its-kind technology that utilizes a novel method of cross-chain communication to enable an almost sharding-like mechanism.

Players will be able to stake MOBLAND’s SYNR governance token and in-game NFT assets on the Ethereum network and mint in-game assets cross-chain on BSC and multiple other chains. The first implementation of this GameFi 2.0 solution will occur in Mobland and Everdragons2 which will bring the seamless transfer of value and information to both Metaverses across multiple chains.

Built in collaboration with Wormhole, MOBLAND’s players and NFT owners maintain ownership of the in-game assets across all chains. In the case of generic NFT bridges, when an NFT is moved to a destination chain it is minted in a newly generated contract that the bridge itself controls. This takes the power away from the assets because the bridged asset will not have all the properties from the originating chain.

On the partnership, MOBLAND co-founder Roy Liu notes, “Building a powerful gaming metaverse that attracts more users ultimately depends on supporting as many capabilities as possible. Our collaboration with Wormhole is designed to accomplish just that. We are strengthening our play-and-earn offering through interoperability, opening up MOBLAND to the rest of the DeFi universe. This, in turn, will invite more widespread participation, provide greater in-game liquidity provision, open users to opportunities like liquidity staking, and allow NFTs and fungible tokens to move across chains, fostering an open and highly approachable GameFi economy.”

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Hendrik Hofstadt, Director of Special Projects at Jump Crypto and Internal Wormhole Lead also adds color, “Interoperability is crucial to greater blockchain usability and adoption, and Wormhole makes MOBLAND more accessible. The ability to stake outside the ecosystem and grant more utility for tokens – fungible and non-fungible – opens vast earning potential for players and amplifies the overall GameFi value proposition.”

To honor the new community effort, MOBLAND is offering participation in the April 20th launch to the first 10,000 MOBLAND members to join the new discord server (http://discord.gg/mobland). The MOBLAND collaboration with Wormhole and Nduja labs creates a gaming metaverse that is chain agnostic, opening up the metaverse to more possibilities, users, and liquidity.

ABOUT MOBLAND

MOBLAND is the first-ever Mafia Metaverse. Displaying a stylized take on the world of modern syndicates, MOBLAND is free-to-play – play-and-earn, whilst truly making the Metaverse more accessible by introducing the revolutionary MAFIA as a DAO (MaaD) system. Players can grind in daily events, PvE, PvP, and Syndicate events such as cross-chain tournaments. The game is developed by a team of industry experts from Disney, Ubisoft, Roblox, EA, Gameloft, Google, Yahoo and Twitter.

Join the #MafiaMetaverse:

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Website| Discord | Telegram | Twitter | Telegram Announcements

Press contact:

Devansh Khatri
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119631

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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

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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