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SpaceCatch: Where AR gaming meets blockchain innovation

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SpaceCatch has launched a new gaming platform that combines augmented reality with blockchain technology to promote fairness and enhance user experience, with a Public Beta scheduled for April 22, 2024.

SpaceCatch has unveiled a new gaming platform that combines augmented reality with blockchain to give users a fair gaming experience.

In gaming, one of the prevalent issues players encounter is the lack of fairness. Many games suffer from imbalances that give certain players unfair advantages or where the game’s economy favors only a select few.

This disparity can lead to frustration and dissatisfaction among players, ultimately diminishing the overall gaming experience.

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In response to the growing demand for fairness in gaming, SpaceCatch emerged as a solution. This innovative game utilizes cutting-edge technologies like augmented reality and blockchain to establish an equitable gaming environment.

Through its decentralized design, SpaceCatch ensures that no single entity exerts undue influence over the game’s assets or mechanics, promoting fairness and inclusivity at its core.

Also, scheduled for April 22, 2024, the highly anticipated Public Beta launch of SpaceCatch represents a significant milestone in the gaming industry. With 20,000 testing slots available, this event marks a major advancement in the GameFi landscape. It underscores SpaceCatch’s commitment to revolutionizing the gaming world and its dedication to driving positive change within the gaming community.

In essence, SpaceCatch is not just a game but a solution to the gaming industry’s fairness problem. It provides a space where every player has an equal opportunity to succeed, making gaming more enjoyable and rewarding for all. But before we delve further into SpaceCatch, let’s find out more about it.

Embark on an epic journey with the new beta
During the current beta testing phase, participants will embark on an exhilarating journey through the expansive virtual universe of SpaceCatch. This captivating game is brimming with formidable alien adversaries, elusive treasures, and captivating mysteries waiting to be unveiled.

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As beta testers, players wield significant influence in shaping the future trajectory of SpaceCatch, contributing invaluable feedback and insights to refine and elevate the gaming experience for all.

Beyond its commitment to fairness, SpaceCatch offers an immersive and revolutionary gaming encounter. Leveraging augmented reality (AR) technology, SpaceCatch crafts a dynamic and interactive gaming realm that immerses players like never before.

Whether battling aliens in your own neighborhood or venturing into uncharted territories via your smartphone screen, SpaceCatch delivers an unparalleled gaming adventure.

But that’s not all. SpaceCatch has pioneered the integration of blockchain technology, which adds a layer of security, transparency, and decentralization to the gaming experience. With blockchain, players can own their in-game assets, trade them confidently, and contribute to the vibrant SpaceCatch economy.

Furthermore, SpaceCatch is not just a game; it’s a community. With the help of AI-driven quests, personalized experiences, and social interactions, SpaceCatch brings players from all over the world together. Whether you’re collaborating on missions, trading assets, or simply chatting with other players, SpaceCatch fosters connections and camaraderie.

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In summary, SpaceCatch is not just a game; it’s an innovative fusion of technology, community, and entertainment. It’s a platform where fairness, immersion, and innovation converge to create an unparalleled gaming experience.

Power of the CATCH token
SpaceCatch is a universe where players can engage in exciting adventures and earn rewards by using CATCH tokens. With a total supply of 100 million tokens, CATCH serves as the lifeblood of the SpaceCatch ecosystem. Whether players stake, purchase, or interact with others, CATCH tokens offer numerous opportunities to enhance their gameplay experience.

SpaceCatch has set aside 20 million CATCH tokens for staking over the next five years to incentivize long-term engagement and reward loyal players. In the first year, 50% of all staking rewards will be redistributed to the staking community, making it an attractive opportunity for participants.

CATCH tokens have multifaceted utility within the SpaceCatch universe. Players can use them to make in-game purchases, such as acquiring tools, missions, and exclusive content. Additionally, participants in the staking program can earn additional CATCH tokens as rewards for holding their tokens in a designated wallet over time, fostering commitment and loyalty.

Beyond staking, players can earn CATCH tokens through diverse in-game activities such as completing missions, battling aliens, participating in events, and encouraging active engagement and exploration. CATCH tokens also facilitate interactions within the SpaceCatch community, enabling players to trade, gift, or exchange tokens with one another, fostering camaraderie and collaboration.

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Source: cypto.news

The post SpaceCatch: Where AR gaming meets blockchain innovation appeared first on HIPTHER Alerts.

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Blockchain

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Blockchain

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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Blockchain

Manta Foundation Unveils $50M EcoFund to Foster Blockchain Innovation

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The Manta Foundation has launched its $50 million EcoFund to build a robust ecosystem for leading blockchain projects, as per Manta Network. This initiative demonstrates the foundation’s commitment to funding opportunities and developer support for innovative blockchain ventures.

Funding and Support Opportunities
Starting June 15th, the one-year EcoFund will offer significant financial support through its Ecosystem Grant Program, which provides early-stage projects with grants of up to $50,000. This initial funding is crucial for bringing innovative ideas to life.

Additionally, the EcoFund dedicates $35 million for direct investments in promising projects on the Manta Network. These strategic investments aim to foster high-growth ventures that align with Manta Network’s long-term objectives, promoting a collaborative and mutually beneficial environment.

Diverse Project Focus
The Manta Foundation supports a broad range of projects across sectors such as DeFi, Gaming, NFTs, and more. These initiatives are chosen for their potential to drive consumer adoption and significantly enhance the Manta Network ecosystem.

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Applications for the EcoFund are accepted on a rolling basis, ensuring ongoing funding and support opportunities. The foundation prioritizes projects with robust business models and scalability, aiming to ensure the ecosystem’s financial health and sustainability.

Specialized Funding Categories

In addition to general grants, the EcoFund targets specific high-growth areas:

– AI/DePIN: Focused on using AI and Decentralized Physical Infrastructure Networks for sustainable solutions.
– Zero-Knowledge: Investments in zero-knowledge technology to boost privacy and security in the blockchain space.
– Memecoins: The Moon Mission Grant supports the development and growth of meme projects on Manta Pacific, fostering a vibrant memecoin culture.

Events and Hackathons
To further enrich the ecosystem, the Manta Foundation has allocated $5 million for online and offline events and hackathons. These events aim to attract new developers and users, fostering a culture of innovation and collaboration within the Manta Network community.

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Source: blockchain.news

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