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Binemon NFT Announces Strategic Partnership with Cronos Chain

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The Binemon team is pleased to announce its strategic partnership with Cronos Chain.

Los Angeles, California–(Newsfile Corp. – April 8, 2022) –

Figure 1: ​​​​Binemon NFT Announces Strategic Partnership with Cronos Chain

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/119858_267e8bac34096850_002full.jpg

Binemon is a virtual pet non-fungible asset game on Binance Smart Chain, boasting many features for players to discover: Idle RPG, Gacha rolls, collecting and hatching Eggs into unique Binemons, a PvE experience allowing players to run campaigns, raid ancient towers, corporate with others to battle World Bosses, and last but not least, a skill-based PvP systems including Duels, Arena battles, Tournaments and Guild Wars. With a half a million Binemons hatched, tamed by hundreds of thousands of masters that are real players, Binemon faces a few problems, namely long term scalability, network congestion and transaction bottle-necking. That is why Binemon sought out partnership with Cronos with the aim to bring Binemon to the Cronos blockchain.

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For a large-scale blockchain game such as Binemon, it is vital to provide the player base with fast transaction speed, snappy features and the platform itself must be secure. Cronos protocol’s consensus of choice is Proof of Authority (POA) – an extremely streamlined and secure protocol.

With multiple reputable and trustworthy validator parties, Cronos can achieve a transaction time that is faster than most public blockchains and the security that Binemon requires for its player to comfortably and freely experience the most out of Binemon. Moreover, with the Inter-blockchain Communication (IBC) protocol, Cronos can transfer value, interchange assets and services, and connect without running into the scaling issues inherent in some of the largest blockchains today. IBC also allows for dApps to operate on and bridge to multiple IBC-enabled chains such as the Crypto.org chain and the Cosmos Hub.

Cronos is open source which allows the community to contribute to the development of the blockchain. Cronos recently announced the launch of Cronos Play, a comprehensive modular suite of developer tools and services, and aims to streamline the creation of Binemon on the Cronos blockchain ecosystem – enabling easy access to on-chain data in-game, fetching user wallet addresses, connecting to the Cronos chain to query cryptocurrency and NFT balances, send transactions, and transfer NFTs as part of the suite of out-of-the-box functionalities. The Cronos Play roadmap further includes integration with a number of open-source libraries as well as connectivity to commercial services such as Crypto.com OAuth and Crypto.com Pay enabling the Binemon game to be able to easily receive credit card or crypto payments. Binemon users will also be able to sign blockchain transactions via the Crypto.com DeFi wallet, the MetaMask wallet, or other wallets compatible with Wallet Connect.

As an EVM chain built on the Cosmos SDK, Cronos is EVM-compatible while also getting the features and benefits of the Cosmos SDK. The Binemon team can easily develop and release new contents to the game without much hassle. Binemon fans can also create digital assets and contents to support and contribute to the game when Binemon releases updates for fans creations. And finally, Binemon can be accessed by the rapidly growing combined global user base of Cronos and Crypto.com of over 10 million, feeding a sustained flow of new players, allowing more guilds to be made, more global events to be pushed and accomplished by the community, helping Binemon maintain the health of the game.

Social links
Telegram Group: http://t.me/binemonchat
Telegram Channel: http://t.me/binemon
Twitter: https://twitter.com/binemonnft

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Media contact
Company: Binemon
Contact Name: Dan Marino
E-mail: [email protected]
Website: https://binemon.io/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119858

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.

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Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
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  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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