Blockchain
The Famous Game Moniwar Catching The Wave Of NFT Gaming
Moniwar, invested by MONIHUB PTE LTD, is the game built on the leading NFT and DeFi technologies, is making solid strides toward dominating the worldwide NFT Game Blockchain industry. Recently, the NFT Gaming trend in Vietnam has developed enormously. When playing these game series, players are entertained and can have an additional source of income. When playing these game series, players are entertained and can have another source of income. Players have full ownership of game characters and items. They can join the NFT marketplace to exchange game items for profit. Especially in the context of today’s COVID-19 epidemic, many people have had their incomes reduced or completely lost their primary source of income. Being able to make money from playing games, therefore, becomes even more attractive. This contributed significantly to the explosion of the NFT Gaming industry in Vietnam.
Not out of the above wave, Moniwar was founded by a team of game programmers with 15 years of experience developing traditional games. By integrating blockchain and NFT technology into the game, Moniwar entered the NFT game market to bring Vietnamese games into the global gaming market.
MoniWar is inspired by the globally loved game genre Monsters & Puzzles. MoniWar game plot hinges on Lucas’s journey to avenge his father, King Abrazax, the ruler of The Lower Realm.
Legend has it that in the Iron Age, 1200 BC, the world was divided into three realms: Elysia Upper Realm, Soma Realm, and Naraka Lower Realm. In the Third Aeon Era, a fierce war between the Upper Realm Elysia and the Lower Realm Naraka opened up a “space-time” gap that allowed the monsters of Naraka’s Lower Realm to invade the Soma world. After that, the Upper Realm defeated the Lower Realm and its king, Azazel. Before disappearing, the pieces of Azazel’s corpse had turned into Metal Wood, Water, and Fire Earth monsters, directly ruling the lands on the physical plane. Lucas, the son of King Abrazax, who had to bear in the hatred for his father’s death, has assembled five legendary monsters. Together, they traveled to the land and captured the monsters to prepare for the final battle with Elysia, the upper Realm.
To participate in the game, players need to prepare the “Pets” you can purchase at MoniShop (MoniWar’s in-game exchange platform).
Next, players can download the game on Android & IOS apps or use the web version and register to play the game. Daily, players will participate in “diamond scan” challenges through the missions: explore the map, fight bosses, hunt pets, PvP match 3, participate in battles with other players …. Through each mission, the player can receive gifts with items (pets, items that help to upgrade pets) or tokens (cryptocurrency for in-game transactions.). In addition, Moniwar also created a system of regular tournaments for players to challenge themselves and compete against other players. Through these tournaments, the game will find great people to receive valuable rewards like pets or tokens to trade on NFT Marketplace.
For the NFT Market platform, players can exchange transactions with other players, join auctions, and look for opportunities to receive lucky gifts that can be “Pets” or items to upgrade their character in the game. In addition, the popular features of NFT platforms such as Mint, Farm, Staking…will also appear on MoniWar platform.
Thanks to its outstanding features and compelling storyline, MoniWar won the third prize in the final round of the “Game2Blockchain” contest held on August 22, 2021. The contest judges are all very famous experts in the field of Blockchain and NFT games like Trung Nguyen – Co-Founder & CEO Axie Infinity, Loi Luu – Co-Founder & CEO.
In the first round of the contest, representatives of the teams had 15 minutes to present about the project and answer the examiner’s questions. In round 2, each team has 1 minute to explain the main features of their project live on Facebook. The top 3 projects are evaluated based on ideas, products, gameplay, play for money, coding, technical development, etc… The event took place directly on Facebook with the participation of the 12 most notable and potential NFT game projects in Vietnam, Moniwar has excellently surpassed the criteria set out by the contest, honored to be named in the top 3 of the “Game2Blockchain” contest. It is expected to storm the Crypto community soon.
A new Ethereum meme coin, Pochita ($POCHITA), has made headlines after skyrocketing in value shortly after its launch. According to on-chain data, one trader turned an initial investment of $3,000 into $150,000 in under three hours, reflecting a near-5000% profit. This rapid surge has drawn comparisons to other meme coins like Bonk ($BONK), which gained significant attention in the Solana ecosystem.
Pochita launched on October 2, 2024, quickly reaching a $20 million market cap within 9 hours, despite the broader crypto market contracting by 2.9% over the past 24 hours. The meme coin sector also dipped 3.2%, now valued at $47.5 billion. Despite the falling prices, Pochita’s rapid rise suggests strong investor sentiment around meme coins remains, especially following recent Federal Reserve interest rate cuts.
Though meme coins are known for their volatility and lack of clear fundamentals, they can provide quick gains for traders. Pochita is being discussed as a potential successor to Bonk, and if it continues its growth, it could join the ranks of other top meme coins like Dogecoin, Shiba Inu, and Pepe Coin.
At the same time, other projects such as Crypto All-Stars ($STARS) are providing new avenues for meme coin holders by offering a unified staking platform where users can stake various meme coins and earn rewards. Crypto All-Stars has already raised over $1.9 million in its presale, indicating strong interest in platforms that provide utility and passive income opportunities for meme coin enthusiasts.
Source: cryptonews.com
The post Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis appeared first on HIPTHER Alerts.
A recent Binance report highlights critical risks in the cryptocurrency market, warning of the dangers posed by inflated valuations and centralized token ownership. The report cautions that if these issues remain unaddressed, they could destabilize the long-term stability and growth of the crypto industry.
Valuation Concerns: The report emphasizes that overvaluation, particularly in newly launched tokens with low circulating supply, could lead to market bubbles and poor performance. Venture capital funds, which once aggressively invested in crypto, are now scaling back and shifting focus to sectors with more sustainable valuations. As the market becomes saturated with new tokens, the circulating supply could increase exponentially, further straining performance.
Centralization of Token Ownership: Binance also flags the risks of centralization, where large tokenholders dominate ownership. This concentration of power can result in governance issues, market manipulation, and potential crashes caused by sudden sell-offs. The report stresses the need for decentralized control and broad participation to maintain the integrity and resilience of crypto projects.
Transparency and Trust: To mitigate these risks, the report underscores the importance of transparency in fund management. A lack of clear disclosures can erode stakeholder trust and harm project sustainability. Binance notes that greater transparency, like the adoption of proof-of-reserves by platforms such as Coinbase, is crucial for fostering responsible financial management and building long-term trust in the market.
In conclusion, the report urges the crypto industry to prioritize decentralized governance and transparency to ensure sustainable growth and maintain market confidence.
Source: cointelegraph.com
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The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch the Blockchain Zone initiative, aimed at combating “patent trolls” in the crypto industry. Patent trolls, or non-practicing entities (NPEs), are known for exploiting patent rights through litigation rather than developing new technologies. COPA and Unified Patents aim to prevent such entities from hindering blockchain innovation by making costly and baseless patent assertions.
The initiative is designed to safeguard blockchain and related technologies from these unwarranted patent claims, fostering an environment where developers and companies can innovate freely without fear of legal threats. Key figures in the partnership, such as Paul Grewal from Coinbase and Steve Lee from Spiral, emphasize that patent trolls create significant barriers to technological progress, especially in the fast-evolving crypto space.
By aligning with over 300 companies through Unified Patents, COPA’s effort strengthens its mission to protect the blockchain community and the broader crypto-economy from the disruptive impact of NPEs, ensuring that blockchain innovation remains open and accessible.
Source: news.bitcoin.com
The post COPA, Unified Patents Partner to Fight Crypto Patent Trolls appeared first on HIPTHER Alerts.
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