Blockchain
Creepy Crawlers Meets Battle Brawler with the Official Launch of Gala Games’ Spider Tanks
First Web3 PvP Esports Brawler Available Now
Jackson, Wyoming–(Newsfile Corp. – October 31, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, has launched and is available at https://www.spidertanks.game
“Spider Tanks is a great example of how Gala is redefining the game and blockchain space by merging Web 3 and esports into the first Web3 PvP esports brawler,” said John Osvald, President of Gala Games. “Once you get into the battle arena, Spider Tanks is nonstop. It really puts the power in the hands of the players and gives them the ultimate control of their own success.”
Developed by award-winning Netherlands-based GAMEDIA, this futuristic esports tank game is free-to-play, but also incorporates a variety of play-to-earn mechanics that center around skill-based competition, resource collection, and a player-driven upgrade cycle to earn real rewards. In Spider Tanks, players create their own unique crawly contender by assembling tank bodies and weapons in their garage. Once their “Spider Tank” is complete, it’s on to mech mayhem as the mechanical monsters battle it out in Spider Tanks arena maps.
This esports brawler lets you play with a close group of friends or test your skills in high-stakes competition. Almost 25,000 players participated weekly in a recent public playtest, which resulted in a total of more than 600,000 matches. Fully tradable and upgradeable weapons, tanks and bodies can be found in the Spider Tanks store. Players wanting to earn regular rewards can purchase Planetary Nodes on the Gala.Games site.
Game Features:
- Build Your Army – Experiment with unique combinations of tank bodies, weapons and special items in the battle arena. There are more than 30 hero tanks, 45 weapons, and 45 bodies in different levels of rarity to mix and match
- Upgrade Your Army – With each level upgrade, the tanks part’s power increase will vary depending on a random chance. Players can grind out upgrades that increase the scarcity and value of their Spider Tanks. The levels of the upgraded items are random, making each item unique and special in its own way while the chances for a fully optimized item are slim.
- Game Modes – There will be more game modes coming to the game.
- Team Deathmatch: In this all-out brawl style match, the team with the most kills gets the victory.
- Capture the Chicken: Your team’s goal is to capture as many moving chickens as possible.
- Capture the Flag: There is only one flag, and the team who holds it in their possession the longest will be victorious in this match.
- Ways to Play – There are a number of ways to play:
- Pilot: Jump in and control your Spider Tank directly, to fight in the PvP Maps, engaging in exciting moment-to-moment combat.
- Captain: Build out your own army of Spider Tank pilots that fight for YOU on the PvP Maps.
- Baron: Own a PvP Map and receive rewards from the battles that take place in your map.
- Ways to Earn – The game’s blockchain reward token system allows participants to earn Victory Points in a number of ways including winning matches, owning maps/land that host battles, and running Nodes.
- Choose Your Battleground – There are currently six maps, with more available after launch:
- A safe haven with old mines
- Trepidatious tracks
- Rickety boardwalks
- A jungle temple with wild and ancient ruins
- A death canyon for a wild west showdown
- A subzero arctic base.
About GAMEDIA
GAMEDIA is an award-winning game studio from the Netherlands with an extensive track record and history. The long list of games they have developed are mostly based on well-known entertainment IP’s and have seen the light on a wide range of platforms and hardware. Currently they are focused on creating their own high quality multiplayer games for PC and consoles, as well as mobile.
About Gala Games
Gala Games is a pioneer in Web3 games that uses decentralization, player ownership and reward economies to create a revolutionary new way of gaming. With dozens of games on the horizon and several already in various stages of presale or beta play, Gala is quickly becoming the world leaders in own-your-experience gaming. Learn more at Gala.Games.
For more information please visit
Join the conversation Discord @ GalaGames.Chat
@GoGalaGames
#GoGalaGames
Media Contacts:
Susan Lusty: [email protected] 415-269-0226
Lori Mezoff: [email protected] 201-637-2895
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142373
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
-
Blockchain4 days agoBinance Cleared to Invest Customer Assets in US Treasury Bills: What It Means for Crypto and Dollar Dominance
-
Blockchain4 days ago
Deep Custodian Limited Obtains Hong Kong TCSP License, Authorized to Provide Compliant Crypto Asset Custody Services
-
Blockchain Press Releases2 days agoBybit Web3 Livestream Explores Cultural Meme Coins and Other Trends
-
Blockchain Press Releases2 days agoBybit Surges to Second Place in Derivatives Market, Solidifying Position as Global Crypto Trading Leader
-
Blockchain3 days ago
Blockchain Intelligence Group adds additional modules and launches its Certified Cryptocurrency Investigator – Advanced Series
-
Blockchain2 days ago
Kevin O ‘Leary Addresses Crypto Investing, Ethereum ETFs, and SEC Chair in Recent Interview
-
Blockchain3 days agoBitAngels Network Hosts Blockchain Pitch Competition in Nashville
-
Blockchain4 days agoCoinW Continues Expedition Trek And Double Down On Presence At ETH-Native Events
