Blockchain
Aqua Farm, a new wind blower in the P2E game successfully ended 2nd CBT
Aqua Farm, a Full 3D P2E game project, announced that the 2nd CBT (Closed Beta Test) held for two weeks (Aug 29 – Sep 9) ended successfully. Aqua Farm is a gaming project published by The Mars Corp., a fast-evolving metaverse platform development and publishing company in the blockchain industry.
The Company’s core developers are veteran game developers with over 10 years of experience in developing open-world MMORPG games.
Aqua Farm is a lovely ocean adventure RPG based on blockchain technology with a Play-to-Earn (P2E) structure and Non-Fungible Token (NFT) assets. Before the launch, the game received a lot of attention and expectation, especially from the Asia Pacific communities due to its adorable graphics and its fascinating narrative. The universe of Aqua Farm shows that players take a journey together with Aree, the ocean fairy, by boarding the Guardian to take back the PODO (Power of Deep Ocean), the source of peace that was stolen by the invaders who threatened the peace of Aqua World. The excitement of the community was demonstrated during the pre-sale of Aree NFT, as more than 6,000 NFTs were sold already before the game launch.
Aqua Farm adopts the turn-based idle battle system that is similar to Pokémon, a popular Japanese anime-based game that’s been loved for decades, and Axie Infinity, a pioneer of P2E games that reached $215 million in sales volume in 2021. Distinguishably, Aqua Farm players can adopt various strategies through the NFT deck placement possessed by the card game, and it also provides a variety of social play for users who are not interested in battle gameplay.
Although the 2nd CBT was held with a specific set of users, over 1,500 users and influencers participated and enjoyed the game. Compared to the 1st CBT in July, the improved battle system was adjusted, as well as ‘Aqua Union’, a scholarship function that can be used in battle through renting Aree NFT, and staking earned tokens at Farm. The potential success of the game was proved throughout the test period with a 78% retention rate, 4.0 out of 5.0 satisfaction rate, and positive feedback from the players.
Regarding the upcoming schedule, Aqua Farm is planning to run several more tests to adjust the game balancing with collected data and feedback before the Open Beta Test (OBT). In this phase, PvP mode will be available as well, one of the biggest interests of global users. Additional NFT package sales are also waiting for future players through multiple collaborations with renowned NFT marketplaces.
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Blockchain
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.
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.
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
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:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- 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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