Blockchain
RevoLand Holds New Events Introducing E-Sports in GameFi Era
Summary: RevoLand emerges as a digital platform where it offers blockchain-based multiplayer online battle arena (MOBA) games. Recently, it held multiple events to introduce E-Sports in the GameFi 2.0 Era.
Singapore City, Singapore–(Newsfile Corp. – October 7, 2022) – RevoLand, developed by UK-based company Chain X Game, is a blockchain-based multiplayer online battle arena (MOBA) game. It has introduced the e-sports mode into the GameFi for the first time, opening the GameFi 2.0 era. In the recent progress, RevoLand, as a Gamifi 2.0 project with certain requirements for players’ skills, yields an opportunity to get indulged in further e-sports events.
Currently, RevoLand is offering three free heroes at the very beginning as an introduction to the game and has an open-for-visitor mode, which allows new users to experience the game. There are two modes of gameplay: a bounty race, and an entertainment race. In addition, RevoLand has added randomness and props mechanisms. Now, it is the suitable time now to get involved in RevoLand because there will be many events for adventurers.
Furthermore, when players join RevoLand for the first time, they receive three level 1 hero for free. Free heroes cannot be sold on the marketplace. All other rare heroes can be unlocked from the RevoLand NFT Marketplace. People can play with free (ordinary) heroes to accumulate enough in-game rewards to play.
Compared to premium heroes, free heroes have fewer opportunities to earn tokens. Players cannot buy, sell, or trade free heroes either. Moreover, free heroes cannot participate in special events or be changed in the marketplace. With premium heroes, players can invest their game time to level up and trade them for token rewards.
Additionally, the game system has been upgraded, and the heroes in the game are more diverse, giving players more options and improving the game’s entertainment. The platform also offers Trinity, connecting crypto users, gamers, and streamers to create a sustainable game ecosystem. The dual-token economic model enables users to enter the game for free, earn rewards, upgrade, and lower the game entry barrier.
The events were held from September 15th and ran till September 21st; all online adventurers were invited to participate in the bounty race and share 310,000. Adventurers who completed 50 bounty races, obtained a place, and participated. When the adventurer completed a certain number of races, they achieved the place in the corresponding prize pools. RevoLand’s Bounty Matches have different game modes. For each hero they can participate in a different number of Bounty Matches depending on their rarity.
RevoLand
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About RevoLand
RevoLand is a blockchain-based multiplayer online battle arena (MOBA) game, in which players can meet acquaintances to form team up, compete against others, and win games through individual skills to obtain tokens.
In terms of development, RevoLand has formed strategic partnerships with a range of quality companies and has cooperated with several the world’ s major game guilds, providing the possibility to hold e-sports events. Meanwhile, RevoLand is also actively docking with popular e-sports platforms and may co-host e-sports events in the future in the form of cooperation.
For more updates, E-Sport gaming enthusiasts and potential gamers must visit the following links:
Website | Telegram | Twitter | YouTube
Media Details:
Contact Name: Briant Guo
Company Name: RevoLand
Company Website: https://www.revoland.com
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139566
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.
Blockchain
Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT)
Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (“QeM” or the “Company”) is pleased to announce the submission of a PCT patent application for an innovative approach to operating Blockchain Wallet, harnessing the unmatched security provided by the QeM Quantum Random Number Generator (QRNG2).
Hardware wallets stand as robust physical fortresses, safeguarding the private keys essential for accessing and managing cryptocurrencies such as Bitcoin or Ethereum. By storing private keys offline, these devices fortify themselves against cyber threats and hacking attempts, presenting a notable advantage over internet-connected software wallets.
Cryptocurrency wallets, including blockchain wallets, heavily rely on large series of numbers known as keys. Various schemes exist for generating these keys, such as ND and HD, each with its own advantages and drawbacks. However, when providing a blockchain wallet to an unfamiliar user, adapting the key generation scheme to the user’s specific usage type becomes challenging, often resulting in mismatches between the key generation schemes and the users. Quantum eMotion’s technology addresses these challenges by offering a wallet that intelligently selects the key generation scheme based on a comparison of cost values of different key generation schemes. Furthermore, by leveraging Quantum eMotion’s QRNG technologies, a blockchain wallet that combines the benefits of true random number generation with intelligent key generation scheme selection can now be made accessible to consumers, offering an unprecedented level of functionality.
Quantum eMotion’s technology, developed in collaboration with Dr. Kaiwen Zhang at ETS (École de technologie supérieure, Montreal, Canada), is now patent pending globally. Specifically, the patent application has been submitted under the Patent Cooperation Treaty, with March 30, 2023, as the priority date. The Patent Cooperation Treaty serves as an international agreement enabling the reservation of international patent protection in over 150 member states for 30 months from the priority date. Consequently, Quantum eMotion’s international patent application for this technology will remain pending until September 30, 2025, following which the application process will continue nationally in selected countries and regions.
Francis Bellido, CEO of Quantum eMotion, commented, “The recent resurgence of interest in cryptocurrencies motivates us to deploy our patented technology, grounded in quantum electron tunneling, across blockchain applications. However, as cryptocurrencies regain popularity, ensuring their security remains of utmost importance.”
Source: finance.yahoo.com
The post Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT) appeared first on HIPTHER Alerts.
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