Blockchain
DegenReborn Season 1 Exceeds Expectations and Prepares for Arbitrum Mainnet and Linea Testnet Expansion
New York, New York–(Newsfile Corp. – June 9, 2023) – DegenReborn, the emerging blockchain game, announces the resounding success of Season 1, which has achieved new milestones. With a staggering transaction volume of 687 BNB generated by over 17,929 paid wallet addresses, DegenReborn has solidified its position as a pioneering presence in the blockchain gaming industry.
Season 1 of “DegenReborn” has shattered records, showcasing rapid growth and user base. The project’s achievements have propelled it to the #4 spot on Dappradar in the BNBChain gaming sector during Season 1, further cementing its prominence in the industry.
Building upon this momentum, DegenReborn is now embarking on its anticipated expansion onto the Arbitrum Mainnet and Linea Testnet. As part of the Linea Voyage, a 9-week odyssey, DegenReborn will be featured as one of the unravelling projects, leading to its availability on the Linea Mainnet following the roadmap. This expansion will pave the way for larger-scale adoption and introduce new crypto trading systems for all Linea users.
DegenReborn introduces a novel way to engage players through its Degen Jackpot, where all native token purchases contribute to the Jackpot. The Jackpot is distributed as follows: 50% goes directly to this season’s Jackpot, 28% is allocated to DEX liquidity + $DEGEN buyback & burn, and 16% is reserved for the next season’s Jackpot. The top 10 incarnations will be chosen to share the season’s Jackpot, which amounts to 50% of all purchases.
DegenReborn’s innovative use of NFTs in gaming and its unique Jackpot distribution mechanism has firmly established it as an exciting player in the market. The game is now accessible on the web, allowing players to experience the thrill of this new gaming experience.
About the Company – DegenReborn:
DegenReborn is an almost-fully-onchain Web3 game full of Crypto Twitter culture & Degen Memes. DegenReborn features Mahjong & Hold’em-like deep strategies, top notch deflationary tokenomics, native multichain architecture, and ChatGPT AIGC integration. DegenReborn is a Triple Crown Winner at 3 hackathons.
For further details and to explore the services of DegenReborn, potential clients can visit the following: https://degenreborn.xyz/
Media Details:
Contact person: Ying Jie
Email: [email protected]
Official Webaite: https://degenreborn.xyz/
CMC: https://coinmarketcap.com/currencies/degenreborn/
SOURCE: DegenReborn
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/169351
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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