Blockchain
Splinterlands Airdrop Comes to a Close, Augments Deflationary Period
Media, Pennsylvania–(Newsfile Corp. – July 27, 2022) – On July 26th, 2022, the world’s leading blockchain game, Splinterlands, ended its year-long airdrop of Splintershards (SPS) tokens. This new development will augment the beginning of a valuable deflationary period for the game’s economic system, bringing down the daily SPS mint amount by 27%.
Splinterlands CEO Jesse “Aggroed” Reich believes this development will continue to foster the game’s success.
“From the start of Splinterlands, we knew we wanted to intelligently design our tokenomics to ensure the longevity of the game,” he said. “This is an exciting next step toward our vision of decentralized, player-owned gaming.”
Over the past year, 400M tokens have been distributed by the platform proportionate to held user assets at the rate of 1.1M per day. This paced airdrop model has encouraged staking among its users and longview Splinterlands involvement.
The past year’s SPS airdrop distribution and recent changes will also affect the game’s future developments. Splinterlands will now be providing new liquidity pools as well as new governance voting, where a user’s vote on various aspects of the game has weight in proportion to SPS holdings. All of these aspects will encourage the meaningful long-term involvement of its growing user base while moving Splinterlands closer to the game’s ideal of eventual full player ownership and decentralization.
About Splinterlands:
Splinterlands, known for its fantasy-themed card battle strategy, was founded in 2018 by CEO Jesse Reich and Matt Rosen. It is currently the worldwide leading blockchain game, with 2.4M+ registered users, nearly 1M active wallets, and 3-5M blockchain daily transactions. Built on Web 3.0 technology, it allows players to collect, trade, and win rewards in innovative ways, enabling a new gaming experience built around a highly active community. Splinterlands players are based in 149 countries, with the game operating in 10 languages. The game recently passed the significant milestone of 2 billion battles, and is set to continue its expansion in both the blockchain space and the gaming world throughout 2022 and beyond.
Media contact:
Antonella Eljach
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131938
Blockchain
Victory Square Technologies Reports 2023 Financial Results
Blockchain
United States B2C E-Commerce & Online Payments Market Report 2024 – Retail E-Commerce Sales are Poised to Surpass EUR 1.5 Trillion by 2027
Blockchain
MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
-
Blockchain6 days ago
39% of Canada’s institutional investors have exposure to crypto: KPMG
-
Blockchain5 days ago
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
-
Blockchain6 days ago
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
-
Blockchain2 days ago
RFK Jr.’s blockchain idea, Ethereum ETF approval in question, Bitcoin’s unlikely bull run | Weekly Recap
-
Blockchain Press Releases1 day ago
CoinRoutes partners with Coinbase International Exchange to improve institutional access to perpetual futures
-
Blockchain Press Releases2 days ago
Bosera HashKey Bitcoin and Ether Spot ETFs Officially Launch on HKEX with Two-Way Investment Flexibility
-
Blockchain5 days ago
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
-
Blockchain6 days ago
FAIRWINDS Credit Union Joins Metal Blockchain’s Banking Innovation Program