Blockchain
EFT Technologies to Launch Fighters of Legend Game as Part of Their Expansion
Singapore, Singapore–(Newsfile Corp. – April 26, 2022) – The EternalFlow Ecosystem just became greater with the introduction of its new Fighters of Legend game!
EFT Technologies to Launch Fighters of Legend Game as Part of Their Expansion
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Fighters of Legend
EFT Technologies, which was recently incorporated in Singapore, is developing an innovative approach to reward tokens through its unique ecosystem. The company and team are focused on a number of peer-to-peer (P2P) NFT Play to Earn (P2E) games that revolve around its primary EternalFlow Token (EFT). The core EFT token is a lucrative dividend token offering 15% of its trading volume reflected back to holders in the form of BNB Pegged ETH dividends.
The first in this series of games, Eternal Fighters of Legend, aims to expand the EternalFlow ecosystem and provide a consistent source of transaction volume for EFT. Within the Eternal Fighters of Legend marketplace, players will establish their clans by exploring, buying land, gaining CHI and SOW tokens, and training their fighters as they prepare to go into battle.
To progress in the game, players can use CHI and Binance Smart Chain (BNB) to acquire gear and new fighters in the form of non-fungible tokens (NFTs) via the in-game marketplace. Players will also acquire SOW tokens throughout the game, which can be used to train fighters. The players can then use the CHI earned from selling NFTs to stake for additional rewards in the form of the company’s native EFT token.
With a 5% marketplace transaction fee coming in BNB Amart Chain, Fighters of Legend will produce consistent revenue and cash flow. The transaction fees will be used to boost trading volumes of the core EFT token, which will greatly increase the dividends paid out. The company will also initiate buybacks, staking, and token burns, in addition to promoting and developing new P2E games. This revolutionary model provides earning opportunities for Fighters of Legend players as well as holders of EFT tokens.
EFT buybacks will be tied to a randomized smart trigger that will purchase EFT tokens and return them to the game for staking and in-game incentives. This gives EFT token a key role in the game, as well as fueling rewards via the continuous flow of positive EternalFlow transaction volume.
For the blockchain gaming user experience, one-of-a-kind NFTs will be created. The Fighters of Legend Marketplace will have a variety of characters, skills, weapons, and virtual land.
Owners of land and in-game NFTs will also be able to give unique metaverse loan options via decentralized financing mechanisms built using the EFT platform through the Fighters of Legend Marketplace.
EternalFlow Investor Revenue Model. For more information please visit the website.
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What is EternalFlow?
The EternalFlow Protocol promises to address the issues that have afflicted previous cryptocurrencies by boosting the user experience with 15% BNB Pegged Ethereum reflections, which is more than twice the standard in the industry.
In addition to gaming, EFT Technologies has developed and launched a value-adding reflections tracking dashboard which enables holders to view their dividends and calculate their potential future earnings based on variable transaction volumes. EFT Technologies will also implement an additional utility that will allow token holders to choose which currency is reflected back to them. This empowers the community and will allow for future partnerships for the company as well.
Please see the whitepaper for more information on the EternalFlow Ecosystem.
Contact Details
Website – https://eternalflow.io/
Contact: [email protected]
Telegram – https://t.me/EternalFlowToken
Twitter – https://twitter.com/EternalFlowEFT
Reddit – https://www.reddit.com/r/EternalFlow/
Discord – https://discord.gg/JNCqj6SM6V
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121734
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Blockchain
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.
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.
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
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:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- 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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