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SolGuardiansNFT Announces Whitelist Opening Leading Upto PreSale, Here’s Everything You Should Know

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SolGuardians announced the opening of its Whitelist app that will be open till October 9, following which presales would begin on October 10. SolGuardians is revolutionizing finance and entertainment with a powerful new approach to crypto and non-fungible tokens.

If you’ve been keeping up with crypto, or just watching your evening news, you’ve probably heard about the NFT craze sweeping the world.

NFTs are non-fungible tokens that come in the form of music, art pieces, and other digital properties, and buying the right ones at the right time has made quite a few overnight millionaires over the last year or so. More excitingly, they’re not just boring crypto assets. NFTs are highly versatile, and they’ve ushered in a completely new form of interactive entertainment: P2E gaming.

P2E gaming uses NFTs to create an exciting gaming opportunity where you can not only enjoy building overpowered characters to destroy the competition, loot awe-inspiring set pieces, or simply sit back and chat with other players, but you can also trade those characters and in-game items or sell them for real-world currency.

That’s right, you can now make real-world profits from gaming.

However, every P2E game isn’t made equally. Just like the core gaming industry, different developers are either leading the charge or just pumping out crap.

That brings us to SolGuardians: The hot new P2E game that has perfectly blended the profitability of NFTs with the thrill of a well-designed and fun-to-play game.

What is SolGuardians?

SolGuardians is an upcoming P2E game aiming to bridge the gap between the crypto world and gaming, and the crypto vets helming the project are using NFTs to make it happen.

When you purchase a SolGuardiansNFT, you’re given a ticket that grants you access to the game. Only 10,000 SolGuardians will be minted in total to ensure that this gaming community is highly exclusive.

Each SolguardiansNFT is an in-game character with its unique traits, characteristics, and artistic differences. When you activate your ticket and join the game, you’ll start with a newbie character and guide it through the world of SolGuardians.

Each level you complete, upgrade code you earn, and tournament you win will give your character a multitude of in-game bonuses just like any other game, but there’s a twist: Those bonuses increase the value of your NFT, too.

This clever game design innovates the gambling-style approach of pretty much every other P2E game, and it makes it possible for you to get paid, not based on luck, but just for enjoying the game.

Profit Just From Playing

Investors who jump in early have the potential to not only enjoy a hand-crafted gaming experience while it’s fresh, but they also have the best chances at earning high ROIs on their NFT investments.

Since the number of NFTs minted is so limited, they’ll sell out quickly and lock in the gaming community until someone sells their SolGuardian on the secondhand market or trades it for another NFT.

By the time people are willing to end their time in SolGuardians and sell off their characters, they’ll have likely poured time and energy into the game and increased the value of their NFT dramatically.

To help you understand a bit better, let’s look at it through the lens of the traditional gaming market.

Let’s say you buy a copy of Skyrim and load it up for the first time. You have a fresh character, and let’s say it’s worth the $20 you paid for the game on the used market. You get immersed into the world, pour 100+ hours into it, and you end up with a level 150 warrior that stomps everything it comes across. Now, imagine you could sell that character to another player when you’re finally ready to put the game down for good, and all your time and effort is accounted for in your asking price?

That’s exactly how SolGuardians works thanks to its use of NFTs for in-game characters. This ensures that you’re not just buying a game and pouring time into it. You’re making a genuine investment and having fun with it at the same time.

Early Adopters Gain Massive Benefits

As SolGuardians develops, NFTs are sold and traded, and the game picks up steam, everyone will be able to profit. However, the progress-based value system means that early adopters will have a massive advantage.

Only 10,000 SolGuardianNFT assets will be minted in total, and once those are bought out, new players will have to purchase their NFTs, or in-game characters, second-handed; long after early adopters have already progressed through the game considerably and raised their characters’ prices dramatically.

By hopping on the bandwagon early, you get to buy your SolGuardiansNFT at the lowest possible price; making your long-term ROI far higher than someone who buys the NFT later and sells at the same price as you do.

You’ll also gain access to the first tournaments and events released for the game, have access to prize pools during the early stages of its release, and a ton of other perks.

To make these early adoption bonuses even more exclusive, the first 3000 NFTs will be available early through a whitelist pre-sale. Then, the remaining 7,000 NFTs will be minted in a couple of days afterward. Getting involved during the pre-sale is the best way to guarantee you have a head start.

Get Started with SolGuardians, Quick

SolGuardians is bound to take the NFT world by storm, and we wouldn’t bet against more headline-worthy NFT stories coming out of it soon. The devs are crypto vets who got their start investing in tokens and NFTs just like our readers are now, and they’ve used their combined knowledge to create a game that reinvents how people see the P2E game scene.

Anyone interested needs to know a few things first, though.

The whitelist pre-sale is the best deal you’re going to get, and only 3000 NFTs will be minted. So, head over to the SolGuardians website and fill out the form necessary to hop on the exclusive whitelist. On 10/10/21, you’ll be able to mint your SolGuardiansNFT before anyone else.

Whether you get in on the pre-sale or wait for the sale to go public, you’ll need a Solana wallet and access to the Solana blockchain. The NFTs are part of the Solana blockchain, and payouts for NFT sell-offs, prize pool winnings, and crypto rewards will all be paid in Solana crypto. Of course, you can convert your tokens to your preferred crypto once you get them in your wallet, but Solana is a key part of SolGuardians.

Finally, this is a relatively early part of the dev team’s roadmap. While you can begin minting your NFTs on October 10th through the whitelist pre-sale, the game won’t launch until later on. You won’t be able to take your newly minted SolGuardiansNFT and start playing on the 10th, but you will have a unique digital asset and a reserved spot when the game goes live. On day one of launch, you can log on and start increasing the value of your NFT before everyone who waited.

SolGuardians is Destined to Take Off; Be One of Its Success Stories

SolGuardians isn’t just any old P2E game. The devs know what they’re doing. Not only have they done away with the questionable, poor design decisions of early P2E games, but they’ve meticulously designed SolGuardians from the ground up to turn your crypto investments into a gaming experience that will catch the attention of investors and players alike.

This innovative approach by the SolGuardians team is bound to fill news headlines with even more NFT success stories. If you’re a crypto investor who’s sleeping on this opportunity, you’re missing out.

Blockchain

Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI

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Leading up to Friday’s Bitcoin (BTC) halving, investors opted to remain on the sidelines rather than increase their exposure to cryptocurrencies. CoinShares’ latest report on digital asset fund flows reveals that crypto funds experienced $206 million in outflows last week, while trading volumes for Exchange-Traded Products (ETPs) dropped to $18 billion.

James Butterfill, head of research at CoinShares, noted, “These volumes represent a lower percentage of total Bitcoin volumes (which continue to rise) at 28%, compared to 55% a month ago.” He attributed this decline in investor appetite to expectations that the Federal Reserve would maintain interest rates at elevated levels for a longer duration.

In terms of regional flows, the United States led the outflows with $244 million exiting incumbent ETFs by the week ending April 19. Butterfill highlighted that newly issued ETFs still received inflows, albeit at lower levels compared to previous weeks. Germany and Sweden saw outflows of $8.3 million and $6.7 million, respectively, while Canada experienced inflows of $29.9 million. Switzerland, Brazil, and Australia also witnessed inflows of $7.8 million, $5.5 million, and $2.2 million, respectively.

Butterfill observed that although Bitcoin saw outflows of $192 million, there were minimal flows into short-Bitcoin positions. Ethereum (ETH) experienced outflows of $34 million for the sixth consecutive week. However, multi-asset funds saw improved sentiment, attracting $8.6 million in inflows. Additionally, Litecoin (LTC) and Chainlink (LINK) received inflows of $3.2 million and $1.7 million, respectively.

The report highlighted that blockchain equities sustained their 11th consecutive week of outflows, totaling $9 million, as investors remained concerned about the halving’s impact on mining companies.

In a separate analysis of the post-halving crypto mining industry, CoinShares analysts suggested that many miners might transition to serving the artificial intelligence (AI) sector, which has become more lucrative. They anticipated a shift towards AI in energy-secure locations, potentially leading to Bitcoin mining operations relocating to stranded energy sites.

The analysts projected a 10% decline in the Bitcoin network’s hash rate after the halving as miners deactivate unprofitable ASICs. However, they expected the hash rate to reach 700 exahash (EH/s) by 2025. As of the current data, the Bitcoin hash rate stands at 596.22 EH/s.

The report also noted that substantial cost increases are anticipated due to the halving, with electricity and production costs nearly doubling. Mitigation strategies include optimizing energy costs, enhancing mining efficiency, and securing favorable hardware procurement terms. Miners are actively managing financial liabilities, with some utilizing excess cash to significantly reduce debt.

Source: kitco.com

The post Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI appeared first on HIPTHER Alerts.

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Blockchain

NYSE gauges interest in 24/7 stock trading like crypto

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According to reports, the New York Stock Exchange (NYSE) is exploring the possibility of introducing round-the-clock trading, a model akin to that of cryptocurrency markets. In a bid to gauge market sentiment, NYSE’s data analytics team has circulated a survey among market participants. The survey seeks feedback on whether there is support for 24/7 or extended weekday trading hours and, if so, what measures should be implemented to safeguard traders against overnight price fluctuations. As of now, NYSE, alongside Nasdaq and the Chicago Board Options Exchange, operates from Monday to Friday, spanning from 9:30 am to 4:00 pm Eastern Time.

In the United States, assets like cryptocurrencies, United States Treasurys, foreign exchange, and major stock index futures are already tradable 24/7. Certain brokerages, such as Robinhood and Interactive Brokers, provide access to U.S. stocks throughout the week via a “dark pool” trading venue, catering to international retail investors during their local trading hours.

However, recent reports indicated that Robinhood suspended its 24-hour trading services amidst heightened tensions between Israel and Iran, prompting concerns among investors regarding the sustainability of continuous trading.

Effectively managing liquidity in a 24/7 trading environment has proven challenging for trading platforms within the cryptocurrency industry.

According to cryptocurrency research firm Kaiko, there’s often a mismatch between the operating hours of traditional financial institutions and the needs of major crypto traders and market makers. Traders frequently find themselves losing sleep during periods of extreme market volatility.

While the results of NYSE’s survey haven’t been revealed, Tom Hearden, a senior trader at Skylands Capital, conducted his own poll among his 19,300 followers, asking if they would support NYSE transitioning to 24/7 trading hours. Interestingly, over 70% of the 1,459 respondents voted “No.”

NYSE’s survey coincides with the efforts of startup firm 24X National Exchange, which is seeking approval from the Securities and Exchange Commission (SEC) to launch the first exchange in the country operating round-the-clock.

The FT said, citing two persons familiar with the subject, that the SEC has “months” to study the proposed rule change, and other relevant issues, such who should shoulder expenses and the function of clearing houses, are already being considered by other stakeholders.

“How loud they will be playing in the middle of the night is unknown to me. However, the decision of whether something is commercially feasible or not actually shouldn’t be made by the SEC, James Angel, a Georgetown University finance professor, told FT.

“I support letting the market make the decision. We’re all better off if it succeeds, and the exchange’s stockholders lose out if it fails.
After the company withdrew an application in March 2023, alleging operational and technological concerns, it is the second attempt to receive SEC clearance.

Source: cointelegraph.com

The post NYSE gauges interest in 24/7 stock trading like crypto appeared first on HIPTHER Alerts.

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Blockchain

Online Banking Market to Grow at CAGR of 14.20% through 2033, Key Takeaways of Digital Banking, Banking Ecosystem, Financial Giants & Disruptive Startups

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