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Blockchain

Gala Games Ushers in Blockchain Generation of Gaming with Galaverse

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Gala Games, the successful blockchain gaming platform, concludes its inaugural Galaverse in Las Vegas with a global virtual conference today at 11 am PDT on the Gala Games YouTube channel for anyone who loves or wants to learn more about blockchain gaming. Galaverse, an immersive event for the community to celebrate the Gala Games metaverse, kicked off over the weekend with a two-day in-person event with more than 500 attendees from around the world. The event brought together industry legends Peter Molyneux and Will Wright with both announcing their partnerships with Gala Games. The team also announced the expansion of The Walking Dead franchise and AAA developer Certain Affinity‘s original IP Last Expedition into blockchain gaming. There were also performances by Maroon 5, Arcade Fire and Kings of Leon, and DJ sets headlined by Snoop Dogg and Steve Aoki for the global attendees.

Gala Games also announced the launch of a $100 million blockchain gaming fund in partnership with C² Ventures, a new crypto investment firm founded by Ciara Sun, the former Head of Listing and Blockchain Investments at Huobi Global.  The joint fund will invest in game developers and emerging projects building with blockchain technology, including but not limited to play-to-earn, GameFi, metaverses, and other decentralized gaming solutions.

“This event for our community has ushered in the new blockchain generation of gaming,” said Eric Schiermeyer, co-founder of Zynga and now CEO of Gala Games. “We brought together the biggest names and franchises in the industry to present our vision for the future. We are focused on building gaming titles that fans will want to play if we are going to take blockchain gaming truly forward. This is just the beginning as we look to develop the Galaverse experience around the globe.”

Galaverse kicked off with two industry legends taking the stage. Peter Molyneux, creator of titles PopulousDungeon KeeperBlack & White and Fable, announced his latest game, Legacy, that will launch as a blockchain game on the Gala Games platform in 2022. Legacy will allow players to build an empire through the power of their creativity, the superiority of their commercial prowess and the strength of their competitive nature. Players design, make, trade and compete to earn LegacyCoin, in a world where creativity is the key to success. Players can enter a wide range of special events and awards to compete with others for LegacyCoin prizes.

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Meanwhile, The Sims creator Will Wright revealed his newly established creative partnership as he and his team at Gallium Studios will lend their extensive experience to assist in the development of Gala Games’ blockchain VOX metaverse and game world from the ground-up.  Gala Games dropped its highly anticipated Mirandus VOX Collection last week which sold out immediately. The VOX NFTs from Gala Labs are collectibles with a real play-to-earn utility across Gala’s games: Town Star and soon Mirandus. However, there is not yet a gaming title dedicated natively to the VOX metaverse. With the help from Wright and the Gallium Studios team, they will create and build the VOXverse. Details of the new game will be shared in the coming months.

AMC – home of the global smash hit television franchise The Walking Dead –  and Ember Entertainment will partner with Gala Games to launch a new cross-platform survival MMORPG, The Walking Dead: Empires. Players will be able to purchase “Dead Claims” which will give early buyers the chance to claim an ideal plot of land prior to the game’s release.

AAA developer Certain Affinity will bring their original IP Last Expedition exclusively to the Gala platform. Certain Affinity was founded by and is led by industry veteran and former Multiplayer and Online lead for Halo 2 and 3Max Hoberman, who aims to pair the quality of a AAA FPS with the benefits of blockchain gaming.

GAMEDIA unveiled new details for Spider Tanks, which is being produced to be the world’s first true NFT esport. They debuted a brand new trailer revealing new aspects of Play-to-Earn mechanics to excite Gala Games community members.

Revolutionary art platform 888 The New World, confirmed Gala Games as the first “Guardian of the Realm” of the new 888 Inner Circle. In total, 80,000 new tokens will be put into circulation via the creation of eight distinct Realms each containing 10,000 tokens. Members of the 888 Inner Circle and their respective Guardian community will have multiple benefits from both 888 and the Guardian of their respective Realm, such as carefully curated world-class artist drops, early access to 888 and partner drops, VIP access to IRL events, parties, and festivals, and early access to premier partner merchandise and apparel drops.

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Attendees enjoyed theatrical presentations to some of Gala Games’ biggest titles including Mirandus and Echoes of Empire.

Starting today, fans of Mirandus will have the option to purchase Ships and Docks to access seabound secrets within the metaverse.  Both are eagerly sought after — one for expeditions, the other to provide a haven for ships to anchor when they return.  You can become captain of your ship or a harbormaster of your dock or pier. And there’s nothing to prevent a forward-thinking adventurer to take on the role of both captain and harbormaster, not only for their own ships, but to provide a place for others to set anchor and come ashore.  The limited various rarities will be available in the Mirandus store.

At the end of each today, attendees were treated to live performances by Maroon 5, Kings of Leon, Arcade Fire, Alice CooperBilly IdolMatt Sorum, Kings of Chaos, Stone Temple Pilots, and DJ sets by Snoop Dogg, BT, Steve Aoki, 3LAU, and BassJackers.

“Galaverse completely exceeded our expectations during our inaugural event. It was critical for us to immerse our community into our world and truly engage them on the future of blockchain gaming,” said James Olden, Chief Strategy Officer for Gala Games and President of Gala Labs. “We did not want this to be your average conference or event with players joining us from around the world. And just like we are focused on making games that you want to play, we want Galaverse to be an event that you want to attend.”

Galaverse was produced in partnership with VOLO Events Agency, a leading producer and production company of live events and experiential marketing for global brands.  VOLO is led by Primetime Emmy Award-winning Producer, Charles Marto, who served as Executive Producer and Producer for Galaverse. For 35 years, Marto has produced notable events, network television celebrity music specials and immersive experiences for brands.

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Players can learn more about these latest projects in the coming months through the Gala Games platform at https://app.gala.games/.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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