Blockchain
Gala Games Adds Game Industry Veteran Mark Skaggs to Already-Impressive Roster
Jackson, Wyoming–(Newsfile Corp. – September 6, 2022) – Gala Games has hired Mark Skaggs as the new SVP of Games to bring new life to Town Star as the game gets big updates and a stronger development team.
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Town Star is the flagship blockchain game built by Gala Games. In this town building game launched in early 2020 with a passionate group of fans, players compete to build the most efficient town in a given time frame.
Gala Games builds AAA-quality games using blockchain technology to empower players with ownership and rewards. The company already has a wealth of professional game development experience, and the addition of Mark Skaggs as SVP of Games is a big move toward becoming the leaders of Web3 gaming.
Mark Skaggs has joined the Town Star team as the Senior Vice President of Games, leading an expanded team of engineers, economists, and designers to bring Town Star Forever to life!
An award-winning game developer known for creating the worldwide phenomena FarmVille and CityVille on Facebook, Mark Skaggs has a game career spanning 29 years, three AIAS awards, and a track record of creating games that have been played by 400+ million Facebook players, sold 16+ million copies at retail and downloaded 30+ million times on mobile.
Mark Skaggs is also known for creating mega hits including EA’s best selling RTS game Command and Conquer: Generals, as well as Command and Conquer: Red Alert 2, and Lord of the Rings: Battle for Middle-Earth. After his key role in Zynga’s success, including the launch of Empires & Allies mobile, Mark joined Moonfrog Labs in India to create the award winning games Baahubali: The Game and Alia Bhatt: Star Life.
Among the big changes coming to Town Star is switching game engines from PlayCanvas to Godot. This will allow Town Star to become server-authoritative.
“There’s 3 approaches to this port. The first is just to translate the existing game and code to Godot. Bring all the problems with you, but on a better tech platform. The second is to only change client server architecture and then just port the code – this will help dramatically with cheating but give you exactly the same game and associated issues about the need to evolve gameplay. The third is to change client server architecture, bring the bits of code that works well, fix and update existing systems to work better while leaving room to build new systems and features in the new code base. We’re doing something between 2 and 3,” stated Mark Skaggs, SVP of Games – Gala Games.
The newly invigorated Town Star team is currently reimagining the game’s long term potential, adding more interactive ways to play in order to reach a wider audience of gamers.
“It’s my belief that the best way to share what’s going on with a game in development is to talk only facts and limit conjecture, or promises. Also to show only real code, not smoke and mirrors demo code,” said Mark Skaggs, SVP of Games – Gala Games.
About Town Star
Town Star is a competitive farming game from Gala Games. Players top the leaderboard with the chance to win prizes, and complete challenges to collect Town Points. The goal of the game is to grow, gather and craft your way to building the most efficient and productive town imaginable. Learn more about Town Star at Gala.Games/Townstar.
About Gala Games
Gala Games is building the largest decentralized network of gamers in the world. Using Web3 technology, and powered by a wealth of experience and expertise from professional gaming, Gala Games aims to empower players through asset ownership, economies built on rewards, and unprecedented AAA gaming experiences. Learn more about Gala Games at Gala.Games.
Media Contact: Gala – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136152
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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