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Splinterlands Sells Out Validator Node Presale in 11 Minutes

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Philadelphia, Pennsylvania–(Newsfile Corp. – May 26, 2022) – Splinterlands kicked off their sale of validator node licenses at 12pm EDT on May 25, 2022. The licenses, which are available for public sale currently, allow for users to obtain Splinterlands’ governance tokens, Splintershards (SPS), in exchange for running the free node software in tandem with owning a license. Node operators will earn from a monthly pool of 3,750,000 SPS per month, with 10% of the pool being designated for the top 50-100 node operators who are voted in using a delegated proof of stake system.

 

Splinterlands Sells Out Validator Node Presale in 11 Minutes

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The validator node license presale sold out within 11 minutes of going live, which account for 2000 license sales. This historic milestone resulted in a burn of ~14.5 million SPS and 1 million vouchers, with ~3.6 million SPS being added to the DAO. This accounted for the equivalent of roughly $4M USD in value. As of the time of writing this, less than 3 hours after the sale has been live, ~25M SPS has been burned or sent to the DAO through 2271 node sales.

The licenses are being sold solely in SPS and Vouchers, of which 80% of all SPS will be burned immediately upon a sale and the other 20% will be added to the DAO for the players to help govern. Liam Labistour, the Director of Growth for Splinterlands said “These burn mechanics will put tremendous deflationary pressure on SPS, which will be quite revolutionary of a concept to the blockchain gaming vertical.” He continued that “Splinterlands has been built with the community in mind above all else. The engagement that we have seen by [the community] has been tremendous and we can’t wait for them to have a heavy hand in the project going forward as we move towards being truly decentralized.”

About Splinterlands

Splinterlands is a unique digital trading card game powered by the HIVE blockchain. Each card in Splinterlands is a NFT that can be owned by players and battled with, rented out, or sold at any time. Splinterlands has just hit their 4 year anniversary as a brand and are one of the longest standing blockchain games in the world.

Press contact:
Liam Labistour | Director of Growth
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125322

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

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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