Blockchain
LEAF Mobile to Launch NFTKit and Offer Non-Fungible Tokens as Prizes in Select Games
LEAF Mobile Inc. (TSX: LEAF) (“LEAF” or the “Company“), Canada’s leading free-to-play mobile game group, announces that its subsidiary studio, East Side Games, is set to launch a non-fungible token (“NFT“) game creation toolset called NFTKit for its IdleKit platform. The company plans to release the first offering of NFTs as prizes, within select games, the week of April 20th, 2021.
Top performing players will, for the first time, have true ownership over their rewards by receiving NFTs as prizes in select LEAF Group games published by East Side Games and LDRLY Games studios. NFT awards will be available through special events during the week of April 20th, 2021 in Trailer Park Boys Grea$y Money, Cheech & Chong Bud Farm, Bud Farm Idle Tycoon and Dragon Up. These rewards will mark the first officially licensed products from these brands in NFT form. Additional details will be released in game as the events get closer. Register at http://NFTKit.eastsidegames.com/ for updates and rewards details.
LEAF’s NFTKit is the latest addition to the IdleKit platform. Currently in private beta to select partners, NFTKit allows game developers to offer unique tokens and true ownership of digital items earned through our proprietary toolset. NFTKit development is being guided by Mack Flavelle, cofounder of Dapper Labs and cocreator of CryptoKitties, the original blockchain based NFT game, and the team that created the IdleKit platform. Mr. Flavelle currently serves as the EVP of IP and Licensing at East Side Games and has been involved with East Side Games since they acquired his company, Compass Engine, in 2011.
“The inspiration for the NFTKit was to find a way to reward our loyal players with something that they can truly own,” said Darcy Taylor, Chief Executive Officer of LEAF. “Bringing together Mack’s expertise in the NFT space, with the IdleKit team, we were able to make this a reality. This is yet another innovative toolset we have added to our leading IdleKit platform and it showcases our ability to innovate and enhance our offerings. Although only our first implementation of NFT technology, we foresee expanded opportunities for in game monetization for LEAF studios and our partners utilizing this technology.”
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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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