Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Business Age of Empires attracts $3 million investment before going public, the NFT market continues to grow.

Published

on

 

January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin (BTC) and other cryptocurrencies. Non-fungible token (NFT) trading and blockchain games, on the other hand, seem to have resisted the dip. Expanding metaverse developments along with the growing success of the play-to-earn model have also strengthened the opportunity for blockchain games to continue growing throughout 2022.

Business Age of Empires, a promising NFT game

Business Age of Empires (BAoE), is a “Play to Earn” game built on the Binance Smart Chain (BSC) platform that will exhibit its ability to provide stakeholders the opportunity to play games and conduct business at the same time.

BAoE has raised approximately $3 million in funding through Seed Round and Private Sale.

Advertisement

Grooo International, Meta Ultra Holdings, D.H Inc., D.Ragoon, and Moonchase Asset Management are investment institutions which participated in the Seed round and Private sale of BAoE.

Through the Seed round investment, Business Age of Empires (BAoE) planned to build the most successful NFT game. BAoE has basic but attractive gameplay that is appropriate for all ages.

BAoE was created to make the blockchain stage which is open to everybody. The mission of BAoE is to make a coordinated advanced foundation of tokenized assets that requests players by permitting them to join and acquire benefits from Blockchain innovation. This is why BAoE aims to create a new generation game idea that combines blockchain and the NFT-based gaming world. For long-term vision, we are going to build a sustainable community where the players can develop their mindsets and skills comprehensively. With the success of this raise fund round, BAoE has attracted $2.75 million in investment. At that time, BAoE’s fund was raised only by its Whitepaper.

The reason behind the success of BAoE

The reasons behind the success of BAoE were that the game has quality BOD, the center groups are composed of partners who have cooperated on programming framework and blockchain stages for more than 10 years. They understand the significance of money in Crypto technology. In contrast to other initiatives, which may be technologically powerful but suffer from a lack of financial expertise, token inflation is an issue. With the game’s shareholders having achieved numerous successes in other ventures, it contributes to our game development that will provide an experience of ‘playing and earning’ to our players. Furthermore, the game established a clear road map and plan for the long term, and the trust from big investors.

Advertisement

BAoE upcoming events

BAoE plans to publicize on Binance Smart Chain in the first quarter of 2022.
Further, the game was settled to launch and is expected to be listed on 27th January, 2022.
The game testnet is also expected to launch with Listing.
Meanwhile, BAoE started constructing a 3D version and PVP game mode, hoping to publicize these versions in the first quarter of 2023.

Blockchain

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

Published

on

lct-secures-vara-in-principle-approval,-defining-its-role-in-dubai’s-crypto-landscape
Continue Reading

Blockchain

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

Published

on

bybit-one-click-buy-offers-a-winning-chance-in-first-time-deposits-lucky-draws

bybit lucky

Continue Reading

Blockchain

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

Published

on

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.

Advertisement

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.

Advertisement

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

Advertisement

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.

Advertisement
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE