Blockchain
Cypher Capital, Huobi Ventures, GSR Capital, and LD Capital Invest in $2M Round for Blockchain Gaming Platform ‘MetaOne’
MetaOne, the largest SAAS to onboard massive games and guilds onto blockchain gaming, has recently announced the close of its first private round for the development of their platform’s guild analytical tools and transformative smart contract for NFT management.
Despite the current market situation, the total of $2 million funding raised was supported by entities such as Huobi Ventures, Cypher Capital and GSR Capital, who are passionate about contributing to the Web 3.0 advancement by identifying strategic opportunities to support blockchain projects.
“We are beyond enthusiastic about our new investment, MetaOne, the service platform that enables massive gamer communities,” says Vineet Budki, Managing Partner and CEO of Cypher Capital.
“MetaOne is solving key problems in the current Web 3.0 GameFi market by creating a single platform that attracts Web 2.0 gamers to Web 3.0 GameFi and empowers the gaming guilds to take data-backed decisions. By leveraging on our strong influence in the region, MetaOne is looking to tap into the Middle East market to convert more gamers into GameFi,” Vineet concluded.
With more than 242 guilds, over 72,000 gamers onboarded, 33 GameFi titles partnership in the pipeline and NFT asset management across 7 chains, the platform is eager to work with more partners to realize the vision of GameFi empowerment and to become the mainstream adoption platform from Web2 gaming to Web3 GameFi over the globe.
Furthermore, MetaOne hopes to localize the platform through their relationship in East-Africa as a MOU has been recently signed with East-African partners who are associated with Mpesa and Sports-Pesa. The partnership looks forward to providing a seamless onboarding experience for the gaming communities in the region.
“We are so excited about communicating this vision to all geographical regions and realizing it into real executable plans where guilds, gamers, GameFi studios and the retail investors can see and feel the tangibles.” said Marrtin Hoon, CEO of MetaOne.
They recently partnered with Yup.gg, the leading esports gaming marketing group in Singapore, which owns 6,000 and more KOLs in their ecosystem. To that extent, the partnership is looking to convert ex-twitch KOLs of Yup.gg to become MetaOne guild masters and recruiting their followers as gamers.
The project is expected to have its official platform roll and utility token launch by year 2022.
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
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
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