Blockchain
DeFi NFT Honor World Launches New Play-to-Earn Games on Its Platform
Singapore, Singapore–(Newsfile Corp. – January 12, 2023) – Honor World, an innovative GameFi platform that combines NFT & DeFI introduces 2 new Play-to-Earn Games on its platform, namely NFT Farm and Dragon Treasure. One more game, NFT Park, is next in line for the launch. With the introduction of these new Play-to-Earn gaming titles, Honor World continues to grow as an NFT & DeFi platform.
Honor World
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Honor World’s plans to effectively integrate DeFi, NFTs, and Game-Fi to deliver a sustainable Play-to-Earn model to users. And the number of users registering on the platform and the total volume of transactions are growing every day.
About the Honor World Ecosystem
Developed on the Artibrum blockchain, Honor World follows the principles of DAO (Decentralized Autonomous Organization), wherein the power lies in the hands of the community. Artibrum seemed the optimal network for a project of this magnitude, primarily owing to its enhanced speed and security.
Decentralized projects offer all involved parties an option to contribute to the growth of the platform, and the same is the case with Honor World. It encourages everyone to participate and assist in the development. People can create NFTs and showcase on the platform. Developers can create games on Honor World, with the platform providing the infrastructure and resources for it. Users get voting rights on critical changes and can decide the future course of the project. Another vital aspect of Honor World is that members enjoy ownership of the assets, i.e., the platform’s native token and the core NFTs.
CertiK, one of the top auditing firms in the blockchain space, has already audited Honor World, including its smart contracts. Besides the audit, the team regularly scrutinizes every single aspect of the project for issues that might hamper the user experience or growth of the platform.
Honor World offers exciting and mesmerizing gameplay with farms, dragons lurking around in the mountain, and countless treasures waiting to be discovered.
Tokenomics in Honor World
The total supply of the token is capped at 1,000,000,000, which will follow a release schedule, i.e., 40% would be available in the first year, 22.5% in the second, 17.5% in the third year, and 12.5% and 7.5% in the fourth and fifth year respectively.
In addition to that, Honor World will regularly buy back tokens through the DAO vault using the ETH/USDC funds, all of which will be burned, thus reducing the total number of tokens in circulation.
With a well-researched economic model, user-oriented gameplay, and policies in line with the market dynamics, Honor World is set to be an exciting part of the blockchain gaming space.
To find out more about Honor World, visit the official website: https://honorworld.io/.
Also, follow Honor on all social and interactive platforms to stay updated with the latest developments and game releases.
Twitter: https://twitter.com/honorworld_io
Telegram: https://t.me/honorworld_official
Discord: https://discord.gg/ZtuF8QchjZ
Medium: https://medium.com/@HonorWorld
Media Contact:
Contact Person: James Green
Company: Honor Labs LTD.
Email: [email protected]
City: Singapore
Country: Singapore
Website: https://honorworld.io/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150871
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.
Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.
Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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