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Galaxy Blitz Announces Successful Sell-out of $500,000 Mystery Boxes on Binance NFT

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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

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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.

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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

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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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Blockchain

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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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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