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.
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
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