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METAROBOX Promises a Breakthrough in the NFT Industry

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The market for non-fungible tokens (NFT) has been continuously rising to new highs since its inception in 2015. However, the year 2021 proved to be a watershed moment for the NFT industry. By the end of the year, the young market had a trading volume of more than $23 billion, compared to less than $100 million in 2020. On this backdrop, entering 2022, and as more companies turn to the space, the NFT market’s future seems bright. According to Chainalysis, the NFT business, which is currently valued at over $27 billion, will explode in 2022.Thousands of NFT projects are released every day, feeding the need of mainstream users, investors, digital art collectors, and NFT aficionados for additional exposure to the Metaverse’s many financial incentives. METAROBOX is a well-known initiative that aspires to make waves in the non-fungible tokens (NFT) industry.

METAROBOX is a Binance Smart Chain (BSC)-based NFT game that uses the play-to-earn (P2E) paradigm. The game emphasizes Robo war engagements and strives to deliver a realistic experience for both players and NFT collectors. Users may play games and spend NFT in the game to earn additional revenue in addition to leisure. Players may invest $RBX to purchase characters and enhance their equipment, such as weapons and outfits, or they can battle other players to win $RBX tokens.

RoboX is inspired by space technology and incorporates cutting-edge technologies such as blockchain to not only optimize all players’ gaming experience but also increase their revenues. In METAROBOX, the play-to-earn idea is employed, which pays players for playing games and participating in in-game economies, allowing users to buy and sell game-related assets.

Three distinct game modes allow players to achieve unique sets of economic rewards.

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The first mode is Training. This mode offers new players the opportunity to choose their dream characters, play roles, and kill monsters. But, no reward is expected. The second one is PVP Ranking. It helps to fight against each other to get $RBX tokens and upgrade their levels to receive $RBX tokens and also mystery boxes which will be published in the form of unique game items. Moreover, there are Weekly and Monthly Competitions with token prizes for TOP players on the Leaderboards. Players reaching level 5 can be ranked. While losers will have rank points deducted, winners will receive level and rank points. RBX tokens will be sent to players who increase their rank level only. 2 players will have a Token bet agreement, the winner will receive the loser’s RBX token. And the last one is PVE Mode. Whether players construct their own rooms or be automatically matched with folks of the same skill levels, players/their team will fight with one another through a betting arrangement in $RBX. The amount of $RBX gambled will be held and temporarily locked after the match. Winners will have to pay 5% of the transaction fee token to get that token prize.

The total supply of $RBX is 1,000,000,000,000,000 tokens. Mining and burning will be completely based on user-base development and approval. The supply and pricing are kept within the METAROBOX World at a reasonable level to maintain internal asset value and optimize input for brand-new users, while enabling its value to rocket externally.

Besides, players complete in-game tasks or compete in ranked matches to receive bonus points. They can use these points to purchase mystery boxes and open them for robot cards. These cards can help enhance their decks or be sold on the NFT marketplace for tokens.

Moreover, $RBX tokens can be used to buy bases, which can be rented out by other players. With each rental, the base owners can accumulate points and upgrade cards & gift boxes. The more points earned, the more gift boxes available to purchase and the more chances to earn rare cards. The rare cards can be sold on the NFT market in return for tokens.

In METAROBOX World economy, there are three essential types of assets. They are represented on the blockchain data and in the game in the form of: Monetary assets ($RBX), NFT base, NFT game items (equipment, gift boxes, supporting accessories, etc.)

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To get $RBX, players can own in these ways below:

Play to Earn: Users joining quests and PvP battles will receive $RBX as reward. There are 6 rank levels in the game. Players will fight to reach a certain level to be rewarded with $RBX. If players want to receive more rewards, the only way is to get a higher rank.

Farming: Players can contribute $RBX to the liquidity pool and receive interest based on the amount of tokens contributed at an attractive rate

Staking $RBX to achieve a lot of game items including cards and mystery boxes then use/upgrade those items or sell them on NFT marketplace. The upgraded blind box means a greater possibility of getting precious items including rare cards.

Staking NFT base: staking base can increase not only the number of trained gift boxes and cards but also the training speed. Base owners can earn profits from training other player’s cards and gift boxes.

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With people from all across the world, METAROBOX represents the spirit of decentralization. Long-serving and highly experienced Smart Contract developers, as well as a competent operations staff, make up the team.

METAROBOX creators expect to strive to completely revolutionize the way people think about NFTs by combining technology, entertainment, art, aesthetics, and earning opportunities to create a fascinating experience for users.

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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