Illuvium, a decentralized gaming platform, has recently announced an airdrop program that will distribute 250,000 ILV tokens worth $25 million. This initiative is designed to reward community members and enhance their engagement within the ecosystem. Airdrops are typically used by startups as marketing strategies to distribute free tokens or coins to their target audience. However,
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Avalon, a Web3 gaming studio, recently secured $10 million in funding with Bitkraft Ventures and Hashed leading the round. This funding aims to accelerate the development of Avalon’s first blockchain gaming title, which is set to revolutionize the world of gaming. The MMO game empowers players to create, share, play, and own their experiences within
In a groundbreaking collaboration, the move-and-earn lifestyle app, STEPN, has teamed up with global sportswear giant Adidas to introduce the limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This strategic partnership signals the start of a long-term relationship between the two industry leaders, promising a series of NFT drops and physical wearable items in the
Dentsu Inc. has recently announced a groundbreaking partnership with Chiru Labs, the creative force behind the Azuki NFT project. Together, they are embarking on a new venture to develop an anime anthology series called “Enter The Garden,” leveraging the unique Azuki IP. Renowned anime director Goro Taniguchi, known for his exceptional work on projects such
Dapper Labs, the company known for its successful NFT projects like NBA Top Shot and CryptoKitties, recently found itself under scrutiny by the U.S Securities and Exchange Commission (SEC). The case came to a close in September 2023, leaving many wondering about the specifics of the investigation and its impact on Dapper Labs and the
The SuiPlay0x1, developed by Playtron in partnership with Mysten Labs, is a portable gaming device that aims to revolutionize the handheld gaming industry. This innovative device offers a unique combination of traditional and blockchain gaming options, making it stand out from other handheld gaming devices in the market. One of the key features of the
Gunzilla Games, a prominent video game developer, recently made headlines with their announcement of integrating the GUNZ blockchain into the popular NFT marketplace OpenSea. This innovative move allows players to trade in-game items for Gunzilla’s upcoming first-person battle royale shooter, Off the Grid, and future games on the Avalanche-based chain. The GUNZ blockchain, built on
Immutable, a leading blockchain gaming company, has recently announced their upcoming expansion pack for the popular trading card game, Gods Unchained. This expansion, called Dread Awakening, is set to revolutionize the gaming experience for players by introducing new game mechanics and a crossover with the highly anticipated blockchain game, Guild of Guardians. The Dread Awakening
Recently, the Swedish tax authority, Skatteverket, made a significant announcement regarding the taxation of Non-Fungible Tokens (NFTs). This ruling reflects the growing importance of NFTs in the digital realm and aims to clarify the Value-Added Tax (VAT) treatment of these digital assets. According to the authority, NFTs associated with digital works are subject to the
Recently, Binance’s NFT marketplace made a major announcement regarding the future of Bitcoin Ordinal NFTs on its platform. After April 18, users will no longer be able to buy, deposit, bid on, or list these unique digital assets. This decision marks the end of an era for Bitcoin Ordinals on Binance, as the platform shifts
The Coachella Valley Music and Arts Festival, popularly known as Coachella, has stood the test of time since its establishment in 1999. With its reputation for attracting top-tier musical acts, stunning art installations, and trendsetting attendees, Coachella has cemented its status as a cultural powerhouse in the music festival scene. As technology continues to advance
In the fast-evolving world of cryptocurrencies, a new player has emerged and captured the attention of millions – Notcoin. This Telegram-based clicker game developed by Open Builders has become a sensation within the community. With its upcoming token launch on The Open Network (TON) scheduled around April 20, Notcoin is poised to make a significant
ALTAVA, a trailblazer in the digital fashion realm, has joined forces with Play TOZ, a Web3 division of WEMADE PLAY, to introduce a groundbreaking partnership set to enhance the TOZ Universe, a Web3 Metaverse community. This innovative collaboration aims to blend digital fashion with user engagement within the vast virtual world of TOZ Universe. At
WAX has recently made a groundbreaking announcement regarding its partnership with Amazon Web Services (AWS) to integrate its blockchain tools into the Amazon Managed Blockchain (AMB) service. This strategic move is aimed at streamlining the development process for blockchain-based games and applications by providing direct access to WAX’s Web3 networks through the AWS console. By
Nakamoto Games, a Web3 gaming hub, is gearing up for three major releases in the near future, signaling a pivotal moment in the company’s journey. These upcoming launches are poised to make a significant impact in the gaming industry and solidify Nakamoto Games’ position in the market. The first of the three releases is GalacticGrail,
In the fast-paced realm of cryptocurrency, new coins and tokens emerge on a regular basis. One of the latest additions to the scene is Poopcoin, created by Jordan Castro, also known as Poopie. Launched just a mere ten hours ago, Poopcoin has already generated a staggering $60 million in trading volume. Despite this initial success,
In response to the earthquakes that struck Turkey on February 6, the Binance Women in Technology Academy, in collaboration with the Women in Technology Association (Wtech), has redirected its efforts to support the southern province of Hatay, which was significantly affected by the disaster. The Academy organized a two-day program on March 26-27 in Hatay’s
Parallel, the groundbreaking sci-fi NFT card game, has recently completed a successful funding round, securing $35 million from a diverse group of investors. Utilizing the Ethereum blockchain and Base layer-2 chain, Parallel has ushered in a new era of gaming that merges traditional trading card game elements with the cutting-edge technology of NFTs. The game’s
The concept of blockchain gaming has been gaining momentum in recent years, combining blockchain technology with traditional video games. This fusion offers players the opportunity to truly own in-game assets and potentially earn real-world value, making it a lucrative industry with significant potential. However, despite its promising prospects, blockchain gaming still faces challenges in gaining
As the Illuvium universe gears up for its much-anticipated debut, the blockchain gaming series has revealed its Beta 4 testing roadmap. The Private Beta 4 is scheduled to kick off on April 30th, 2024, marking the beginning of an exciting phase for the game’s development. The upcoming testing phase aims to involve a select group
In a groundbreaking move, TCG World has joined forces with SKALE to revolutionize the virtual reality experience. This partnership signifies a monumental step towards enhancing the metaverse landscape by combining TCG World’s cutting-edge virtual environments with SKALE’s blockchain scalability solutions. TCG World, known for its high-quality HDRP graphics and immersive gameplay, offers users a space
The Sandbox, a decentralized virtual world, has reached a significant milestone by offering over 1,000 user-generated experiences on its platform. This unique virtual landscape is a testament to the creativity and innovation of its diverse community, which includes brands, gaming companies, and individual users. The continuous updates to the Game Maker tool and platform infrastructure,
The collaboration between Avalanche, Alipay+ D-store, and its e-wallet partners in Southeast Asia marks a significant step towards revolutionizing the traditional voucher programs. The Web3-enabled voucher program aims to offer users up to 50% discounts on milk teas from renowned brands, with plans to expand to over 2,000 outlets. This innovative approach not only enhances
OKX and Immutable have recently announced a new partnership that is set to revolutionize the world of gaming through the launch of a GameFi NFT platform. This collaboration will not only bring a GameFi NFT launchpad to life but will also integrate Immutable’s zkEVM chain into both the OKX Marketplace and Wallet. The aim of
Immutable Games is gearing up for the global launch of Guild of Guardians, an eagerly awaited mobile role-playing game. This much-anticipated game is scheduled to be released on May 15th for both iOS and Android users. Players from all around the world will have the opportunity to venture into the mythical realm of Elderym, where
The recent sale of CryptoPunk #7804, an Alien Punk, for a staggering $16.4 million has sent shockwaves through the digital art and cryptocurrency communities. This monumental transaction has not only captured the attention of enthusiasts and investors but has also set a new standard for the value of digital collectibles. The Alien category within the
The ERC-7231 token standard is a groundbreaking advancement in the world of non-fungible tokens (NFTs). Essentially, it builds upon the widely adopted ERC-721 standard to introduce new features and capabilities. Unlike its predecessor, ERC-7231 introduces the concept of identity binding, allowing for the secure linking of multiple Web2 and Web3 identities to a single NFT.