Blockchain
Galaxy Blitz Announces Successful Sell-out of $500,000 Mystery Boxes on Binance NFT
Helsinki, Finland–(Newsfile Corp. – April 11, 2022) – Emerging blockbuster Play-To-Earn (P2E) title, Galaxy Blitz, this week revealed details of another sell-out fundraising event with $500,000 worth of NFT mystery boxes snatched up on the Binance NFT. The mystery box sale took place on April 11th and comes off the back of a $10 million investment round in February. Following this event, the Galaxy Blitz team announced plans for a second round of NFT mystery boxes scheduled in May, with the primary difference being a cap on skins and rarity levels available.
Galaxy Blitz is an NFT-based action-packed sci-fi combat strategy game set in the distant future where players take on the role of one of four highly evolved races and compete for glory and riches. Within the game, NFTs have a high degree of utility and will be an integral part of players’ strategies. High level NFTs in Galaxy Blitz support AR functionality, and those attained from mystery boxes will include heroes, battleships, weapons. Aside from NFTs, $MIT is the ecosystem’s native token and is currently being traded on Gate.io, PancakeSwap, and Ascendex, with many more exchanges to come.
Galaxy Blitz Announces Successful Sell-out of $500,000 Mystery Boxes on Binance NFT
NFT Utility in Galaxy Blitz
As gaming industry veterans, the Galaxy Blitz team see NFTs as means to bridge the gap between online and offline, presenting beautifully crafted AR renderings that will give a completely immersive experience to the game. Aside from being represented as in-game characters and items, each NFT has its own unique stats and usability, with NFTs of different rarities able to be staked for up to 600% APY MIT rewards. The farming function will be introduced soon to the public. Users can pledge NFT to share MIT seasonal rewards pool. In addition, there is a regular lottery event for NFT holders, users can stake a certain level of NFT to stand a chance to win the prize. Galaxy Blitz also allows for the merging of packs of the same ranking into higher ranks, giving packs of all rarities intrinsic value and utility. Additionally, staking certain NFTs will grant a host of in-game buffs and boosts that will allow early adopters to get a head start in the massive open world of Galaxy Blitz.
On April 11th, the Binance NFT listed $500,000 worth of Galaxy Blitz Planet NFT mystery box for public sale. The 5800 mystery boxes of different rarity were priced at 85 BUSD each and completely sold out, with an additional 50 boxes reserved to be airdropped to lucky participants later in the month. Of the NFTs available within the mystery boxes, 70% (4095) were N, 20% (1170) were R, 9% (526) were SR, and 1% (59) were SSR rarity. After receiving their mystery box, users will have to wait 12 hours to open them and reveal which randomly assigned NFTs are inside. Upon reveal, Galaxy Blitz NFT trading will be live on the Binance NFT marketplace, and users will be able to withdraw them to their wallets. A hard cap of 20 mystery boxes per person was imposed to ensure as many community members could be involved in the event as possible, with plans for the airdrop event to take place after a randomly taken screenshot between May 2nd, 2022, 11:00 AM (UTC) and May 8th, 2022 11:00 AM (UTC).
Galaxy Blitz Ecosystem of Value
With a solid background in legendary games development, the Galaxy Blitz team are committed to using the latest in technological innovation to create the most unique and genuinely fun game on the market. This intention to focus on quality gameplay and utility is in contrast with others in the Play-to-Earn (P2E) industry, which has seen little development in types of games and as a result, is ripe for an AAA title like Galaxy Blitz. Official beta testing will be online and available for NFT holders in April, with plans to extend for the incoming V1 mobile version and V2 PC version.
In Galaxy Blitz, players will be able to build and control their own production facilities, hero, and space armies to create universe-wide allegiances and challenge mighty foes in epic PVP space battles supported by a rich economic system based on the ecosystem-native $MIT token and ecosystem NFTs. Staking $MIT helps increase a player’s in-game power in a number of ways, including decreasing spaceship flight time, increasing immunity periods, and increasing the success probability of NFT minting and forging.
Galaxy Blitz $MIT is valued by its broad utility and earning potential, and will be used within the Galaxy Blitz ecosystem as the primary global currency for processing in-game transactions and as a key marketing tool to bring in new players.
About Galaxy Blitz
Galaxy Blitz is a Play-To-Earn combat strategy NFT game set centuries in the future as four unique highly evolved descendants of humanity fight for dominance in battles on both lands and in space. Earn a variety of tokens via battles and resource farming as you lead your faction to galactic dominance!
Website: https://galaxyblitz.world/
Twitter: https://twitter.com/GalaxyBlitzGame
Telegram: https://t.me/galaxyblitz
Discord: https://discord.com/invite/cfkcVjBDW8
Medium: https://medium.com/@Galaxy_Blitz
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120073
Blockchain
EAT & BEYOND ANNOUNCES PROPOSED NAME CHANGE AND UPDATED INVESTMENT POLICY
Blockchain
Blocks & Headlines: Today in Blockchain – May 30, 2025 (Fraser Edwards, Kyiv NFT, Spirit Blockchain Capital, Indian eHealth, Hedera)

Blockchain technology and cryptocurrencies continue to redefine industries—from competitive gaming and cultural heritage preservation to corporate finance, healthcare, and alternative tokens. Today’s briefing highlights five pivotal developments shaping the ecosystem: Fraser Edwards’s vision for trust in eSports; Ukraine’s wartime cultural preservation via NFTs; Spirit Blockchain Capital’s Q1 2025 operational report; India’s push for blockchain-enabled electronic health records (EHRs); and the rise of viral altcoins such as UniLabs, Sui, and Hedera Hashgraph. Together, these stories illustrate the themes of trust and identity, preservation and provenance, institutional maturation, public-sector innovation, and token diversification. In this op-ed–style round-up, we distill the essence of each story, cite sources, and offer analysis on how they advance Web3, DeFi, and NFT frontiers.
1. Rebuilding Trust in eSports: Can Blockchain Fix Competitive Integrity?
Source: CCN
Summary:
In a recent CCN interview, veteran trader and eSports investor Fraser Edwards argues that blockchain’s immutable ledgers can restore credibility in the rapidly commercializing world of competitive gaming. According to Edwards, match-fixing scandals and opaque prize-pool distributions have eroded fan confidence. By tokenizing tournament entries and payouts on public blockchains—complete with smart-contract–enforced escrow—organizers can guarantee that prize monies are distributed exactly as advertised, and that no post-match manipulation occurs. Tournament operators in Asia and North America are already piloting Ethereum-based payout dApps, aiming to increase transparency for players and sponsors alike.
Key details & analysis:
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Smart-contract escrow: Funds are held in a time-locked contract that releases prize money only upon verifiable match results. This prevents disputes over referee decisions or delayed payments.
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On-chain reputation: Player and team reputations can be tokenized via non-fungible reputation badges that accrue based on fair play and community votes—discouraging cheating.
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Scalability concerns: High-traffic tournaments may require Layer 2 rollups or alternative chains (e.g., Polygon, Immutable X) to reduce gas costs and latency.
Opinion: Blockchain’s dual promise of provable fairness and programmable finance makes it uniquely suited to eSports. Yet adoption hinges on UX: seamless wallet integrations, minimal transaction fees, and clear regulatory guidance on esports tokens.
2. When Art Meets Blockchain: Ukraine’s Wartime Cultural Preservation
Source: The Kyiv Independent
Summary:
As monuments crumble under artillery fire, Ukrainian curators and technologists are partnering to mint NFTs representing lost or endangered artifacts. The Kyiv Independent reports that the National Art Museum of Ukraine has launched “Project Phoenix,” tokenizing high-resolution 3D scans of sculptures, manuscripts, and paintings. Proceeds from initial sales fund restoration and digital archiving efforts. Each NFT embeds provenance metadata—including GPS coordinates, curator notes, and condition reports—ensuring that future generations can verify authenticity and context, even if the physical artifact is destroyed.
Key details & analysis:
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Metadata richness: Beyond simple ownership, NFTs store structured metadata—using ERC-721 metadata extensions—that capture curatorial insights and conservation logs.
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Decentralized archives: IPFS and Arweave are employed to host ultra-high-resolution imagery, with on-chain hashes guaranteeing data integrity.
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Community engagement: Fractional-NFT drops allow diaspora communities to collectively own tokens, strengthening cultural ties and crowdfunding preservation.
Opinion: Blockchain’s ability to immutable record heritage provides a lifeline for war-torn nations. However, ensuring that local institutions retain governance over metadata edits and future migrations is critical to avoiding “cultural colonialism” by global NFT marketplaces.
3. Spirit Blockchain Capital’s Q1 2025 Highlights: Growth, Investments, and Outlook
Source: GlobeNewswire
Summary:
Spirit Blockchain Capital’s Q1 2025 report benchmarks the firm’s operational milestones and financial performance. Assets under management (AUM) climbed 45% to $1.02 billion, driven by strategic allocations to top-tier Layer 1 and Layer 2 protocols, DeFi liquidity pools, and a newly launched token-index fund. Operating income rose 37%, fueled by management fees and performance incentives. The firm also closed its second blockchain-focused venture fund at $150 million, earmarked for early-stage Web3 projects in gaming, infrastructure, and decentralized identity.
Key details & analysis:
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Diversification strategy: 60% of AUM in blue-chip cryptocurrencies (Bitcoin, Ethereum); 25% in DeFi (Aave, Uniswap, Lido); 15% in tokenized commodities and NFTs.
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Fund performance: The flagship fund delivered a 9.8% return in Q1, outperforming the 6.2% benchmark set by the Bloomberg Galaxy Crypto Index.
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Venture investments: Early stakes in zero-knowledge proof startups and decentralized storage platforms signal confidence in scalability and privacy innovations.
Opinion: Spirit’s robust growth and disciplined diversification mirror institutional maturation in the blockchain asset management space. As regulatory clarity improves, expect further inflows from endowments, pensions, and family offices.
4. Blockchain EHRs in India: The Next Digital Health Revolution
Source: ORF
Summary:
The Observer Research Foundation (ORF) details India’s pioneering pilot of blockchain-backed electronic health records (EHRs) in the state of Andhra Pradesh. By leveraging a permissioned Hyperledger Fabric network, the initiative ensures that patient records—from vaccination histories to diagnostic imaging—are securely shared across hospitals, clinics, and pharmacies. Patients control access via digital identities anchored to India’s Aadhaar system, granting temporal permissions for data viewing and preventing unauthorized sharing.
Key details & analysis:
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Interoperability: HL7 FHIR standards are mapped to on-chain transactions, enabling seamless data exchange with existing hospital information systems (HIS).
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Privacy safeguards: Off-chain storage of PHI (Protected Health Information) is encrypted with patient-held keys; only hashed pointers reside on-chain to ensure immutability without exposing sensitive data.
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Regulatory alignment: The pilot aligns with India’s draft Digital Health Act, which emphasizes data sovereignty and patient consent frameworks.
Opinion: Blockchain EHRs can democratize healthcare access in a populous nation—but success depends on user-friendly portals, robust identity verification, and contingency plans for network outages in rural areas.
5. The Hottest Viral Altcoins of 2025: UniLabs, Sui, and Hedera Lead the Pack
Source: TronWeekly
Summary:
According to TronWeekly, the altcoin landscape in 2025 is dominated by three viral tokens: UniLabs (UNI-L), Sui (SUI), and Hedera Hashgraph (HBAR). UniLabs, a governance token for a decentralized laboratory network, saw a 1,200% year-to-date surge on news of its AI-driven drug-discovery partnership. Sui’s Move-based smart-contract platform gained traction for sub-second finality and low gas fees, with total value locked (TVL) surpassing $2 billion. Hedera’s HBAR continues its enterprise pivot, securing multi-year agreements with global brands for identity verification and supply-chain tracking.
Key details & analysis:
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UniLabs use case: Token holders vote on research grants and share in royalty revenues from patented compounds developed on-chain.
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Sui performance: With a novel object model and horizontal sharding, Sui supports over 3,000 TPS (transactions per second) without compromising on decentralization.
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Hedera enterprise: The Governing Council—comprising Boeing, Google, and LG—bolsters confidence in HBAR’s governance model and paves the way for compliant enterprise deployments.
Opinion: These tokens exemplify the diversification of blockchain applications. Investors should assess not only market hype but also protocol fundamentals—developer activity, economic incentives, and real-world adoption.
Cross-Story Trends & Key Takeaways
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Trust & Transparency at the Core
From esports prize-pool ledgers to wartime NFT archives and permissioned health records, blockchain’s immutability fosters verifiable trust—a prerequisite for mainstream adoption across sectors. -
Institutional & Public-Sector Innovation
Spirit Blockchain Capital’s fund growth and India’s EHR pilot signal that both private and government entities view blockchain as a strategic infrastructure, not just speculative assets. -
Vertical Specialization Fuels Token Growth
Viral altcoins like UniLabs, Sui, and Hedera thrive by addressing niche use-cases—governance in biotech, scalable DeFi rails, and enterprise identity—underscoring the importance of purpose-built protocols. -
Metadata & Provenance Drive NFTs Beyond Art
Ukraine’s cultural NFTs demonstrate how rich on-chain metadata can preserve heritage, while esports applications show that reputation tokens can enforce fair-play credentials. -
Ecosystem Maturation Requires UX & Governance
Across all stories, user experience—wallet onboarding, identity verification, metadata curation—and robust governance frameworks (tokenomics, regulatory alignment) emerge as decisive factors in blockchain’s next wave.
Conclusion
Today’s blockchain headlines reveal a maturing ecosystem where trust, transparency, and targeted innovation unlock new frontiers—from safeguarding digital heritage amid conflict to revolutionizing healthcare and sports. As institutional players allocate billions, and public-sector pilots chart regulatory pathways, the fate of tomorrow’s Web3 landscape hinges on seamless UX, rigorous governance, and demonstrable real-world utility. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue tracking the trends, tokens, and technologies that define the blockchain revolution.
The post Blocks & Headlines: Today in Blockchain – May 30, 2025 (Fraser Edwards, Kyiv NFT, Spirit Blockchain Capital, Indian eHealth, Hedera) appeared first on News, Events, Advertising Options.
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