Blockchain
Splinterlands Enters New Gaming Vertical as It Announces Tower Defense Game
Media, Pennsylvania–(Newsfile Corp. – September 6, 2022) – Splinterlands, the fantasy-themed card battler currently leading the Web 3.0 gaming vertical worldwide, announced today its new game, Splinterlands Tower Defense. The game will be produced in tandem with Double Coconut, a game design and development agency that has previously partnered with Splinterlands.
The new game, which will be geared towards tower defense mechanics, will showcase new utility for Splinterlands cards as well as introduce new playable Splinterlands-themed assets. The announcement comes as an important innovation to the blockchain space, as it is one of the first IPs to be offering interoperability of its NFTs across multiple games.
Splinterlands Tower Defense will see the return of Splintershards ($SPS) and Dark Energy Crystals ($DEC), as well as its Voucher token as a medium for staking and purchasing assets. Within the new game, players who purchase items within Splinterlands will also receive additional rewards, such as Tower Defense packs-and vice versa. This groundbreaking interoperable dynamic between the two will also make the utilization of currently-owned cards from within Splinterlands to Tower Defense possible, which in turn can then be staked to help further progress in the new game, such as powering up the player’s towers.
The company’s CEO, Jesse “Aggroed” Reich, sees this gaming advancement as significant for the Web 3.0 space.
“We’re excited to finally be sharing this next step in the Splinterlands world, and to be carving out a brand new path for the interoperability of NFTs,” Reich said. “We believe the launch of Tower Defense will serve to both expand our current ecosystem as well as begin to influence the Web 3.0 vertical as a whole, which will then have a significant effect on the future of technology.”
“The capacities of blockchain innovation are only just beginning to emerge,” he continued. “We love being at the forefront of that reality.”
Alongside its new $SPS reward pool, the new expansion will also present new mechanisms for staking in the overarching Splinterlands Tower Defense ecosystem, as well as new opportunities and benefits for those who choose to stake their assets in the game.
Pre-sale for Tower Defense packs will go live on September 20, 2022, where 250,000 card packs of the game’s 2 million first series of card packs will be available.
About Splinterlands:
Splinterlands is the fantasy-themed battle game created by Jesse “Aggroed” Reich and Matt Rosen in 2018. Built on Web 3.0 technology, it offers its users the enhanced ability to own, hold, trade in-game assets and win rewards in groundbreaking ways. Its user base has expanded beyond 2.4M users who have nearly 1M active wallets, with its total transactions on the blockchain hovering between 3-5M daily. Boasting a committed, active, and enthusiastic surrounding community, its user base is found across the globe in 149 countries and operating in 10 languages. Splinterlands recently passed the significant milestone of 3 billion battles played by its users, and is set to continue its expansion into both the cryptocurrency vertical and the mainstream gaming industry throughout 2022.
About Double Coconut:
Double Coconut is a boutique game design and development studio that worked on hits for clients such as Splinterlands, WB Games, Microsoft, Penn National Gaming, DraftKings, Rush St. Interactive, Cartoon Network, and Ellen Degeneres.
Media Contact:
Antonella Eljach
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136069
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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