Blockchain
MASS MARKET METAVERSE MOBILE GAMING ARRIVES WITH THE LAUNCH OF INFINITE ARCADE
Infinite Arcade launches to empower mobile games makers to easily introduce metaverse dynamics like ‘Play and Earn’ and NFTs into thousands of existing and new mobile games. Infinite Arcade is backed by industry-leading mobile games self-publishing platform Coda, which proudly has 15,000 mobile games developers and ten million gamers in its ecosystem.
Mobile game developers can access Infinite Arcade through a simple SDK for iOS and Android, reducing the barrier to entry for games developers looking to integrate Web3 elements like Play and Earn, community ownership, and tokenomics. Infinite Arcade will allow game developers to introduce these Web3 dynamics without the need to redesign existing game mechanics or compromise their existing Free-to-Play business, which will be crucial for scaling mobile metaverse gaming (powered by blockchain technology) across the mass-market casual mobile gaming. And by enabling casual mobile games to enter the metaverse within a single day, Infinite Arcade has the potential to introduce two billion global casual mobile gamers to blockchain gaming.
Şekip Can Gökalp, CEO of Coda and a founding contributor to Infinite Arcade, commented: “The mobile gaming industry stands at an inflection point with the arrival of emergent technologies like blockchain, NFTs, and Web3 ideology. We strongly believe that Web3 will drive huge benefits for the gaming industry and its passionate creator and player communities. Our vision is to eliminate barriers for mobile gaming talent to enter this space with authenticity, and bring world-class gaming content to players who are invested in ownership and community. We are still in a very initial stage with this project, and we look forward to growing as members of the gaming community start to join us. We feel it’s time to stop building walls, and focus on bridges.”
Infinite Arcade is launching with an initial network of ten mass-market casual mobile games, including Rope Rescue, Brick Builder and Court Master. Infinite Arcade’s portfolio is projected to reach at least 200 games by the end of 2022.
Şekip Can Gökalp added: “Most existing blockchain-powered mobile games have fairly complex Web3 mechanics and deep game designs, thus, they don’t necessarily appeal directly to the mass audience of casual gamers. So Infinite Arcade aims to be an evolving ecosystem that combines the mass-market appeal of free-to-play casual gameplay with a range of options for individuals and Guilds to get involved in community ownership.”
Anton Horbatov, Chief Product Officer at 24Play, commented “With Infinite Arcade, we’re entering the future of mobile gaming. Web3 offers new opportunities for developers, such as engagement with vibrant communities and additional revenue streams. We’re excited to explore Play and Earn dynamics with Infinite Arcade, which has made the onboarding a simple journey for us.”
Infinite Arcade has been created to cater for all levels of investment, in terms of time or financial investment. Infinite Arcade will be a decentralised economy where everyone who participates can share in ownership and decision-making, while a smaller group of core contributors will help the network grow through more games and NFT Collections. The platform’s economy includes the following features:
- NFTs acting as access keys to Infinite Arcade’s Play and Earn dynamics, starting with the launch of the ‘Gamers’ NFT collection; a marketplace for creators to sell yield-generating NFTs; players to trade NFTs; breedable NFTs, with marketplace fees shared with developers and NFT creators.
- Two tokens on the Ethereum blockchain – $ARC and $TIC – which will enable developers and users to own a piece of Infinite Arcade and generate returns for NFT owning players. (Infinite Arcade’s in-game token is called Token of Infinite Choice ($TIC), its governance token is Infinite Arcade Token ($ARC).
- Virtual real estate for the community to buy and build ‘arcades’ on, helping fellow community members discover the best games and generating income from the studios that grow through this.
- A dashboard for buyers and guilds to manage passive income and make it easy for both managers and scholars to play Infinite Arcade games.
The Gamers NFT collection pre-sale will start on 9 March 2022, with a full release a week later. $TIC token will also launch on QuickSwap in March. For more information visit the Infinite Arcade website, read the Lite Paper, and join its Discord community.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain
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