Blockchain
Azerion consolidates its position at the forefront of the Metaverse & Web 3.0 by integrating NFTs in Habbo
Sulake, part of the digital entertainment and media platform Azerion, announced today the completion of the first stage in evolving the Habbo metaverse by bringing it to Web 3.0, with owners of NFTs from the Habbo Avatars collection being able to play in-game with their NFT Avatar as their own unique character while receiving new perks including Habbo Club and Builders Club memberships and exclusive NFT furni items. NFT furni is one of the most exciting integrations of NFTs in the game so far and can be used to decorate your Habbo room like any other furni.
“Habbo is looking to spearhead adoption of this new technology positioning itself at the forefront of blockchain gaming with these new ways of integrating NFTs into your normal game experience,” said Valtteri Karu, CEO of Sulake. “Our goal is to make Habbo a leading example of the possibilities of NFT gaming in the new Web 3.0 metaverse.”
“While the Metaverse has been on everyone’s lips this autumn, Habbo has already begun integrating NFTs into its existing game,” said Jurriaan van Teunenbroek, Vice President of Games & Content at Azerion. “Habbo is ahead of the curve in this respect, which is a huge accomplishment for an existing product that has been around for over 20 years. This is a testament to the prominence of the Habbo brand”
In order for owners to receive these in-game perks, players had to connect their Ethereum wallet to their Habbo account. Additionally, NFT furni is distributed using the Immutable X (IMX) service, an environmentally-friendly way of transferring items across the Ethereum blockchain with minimal carbon impact. As such, owners had to register their Ethereum wallets in IMX before December 8th, 2021 in order to receive the furni airdrop, or risk missing out on these exclusive items.
Habbo Avatars NFT Owners received their exclusive NFT furni on December 8th, 2021. And finally, access to the owners’ Habbo Club / Builders Club perks and the ability to use the Habbo Avatar NFTs as their own unique in-game character all came into effect by December 22nd 2021.
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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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