Blockchain
Business Age of Empires attracts $3 million investment before going public, the NFT market continues to grow.
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.
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.
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.
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
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