Author: dfmines

Battle-based RPG game Mech Master will conduct a public sale of its native token ($MECH) via the Red Kite and GameFi Launchpads on October 24. The turn-based strategy game, which compels players to “build their own territory with future technologies and protect their homeland,” features inbuilt earning opportunities through staking, land sales, and its very own NFT marketplace. MECH Mania Set to Grip GameFi Community A private sale will precede the public offering, with each private pool allocated $100,000 in tokens. The public sale, meanwhile, will have a hard cap of $70,000. The whitelist for both launchpads is still open, with the RedKite IDO price set at $0.03 and GameFi’s IGO (Initial Game Offering) price set at $0.04. Further details about the public and private pools can be found here, and the team has also compiled a whitelisting tutorial for those interested in participating. The appearance of Mech Master on both launchpads reflects the broad appeal of the game. While Red Kite is a PolkaFoundry-powered platform backed by an extensive network of marketing partners and influencers, GameFi is the industry’s first dedicated IGO launchpad, an all-encompassing hub for the fast-growing game finance sector. Mech Master aims to establish itself as an industry leader in play-to-earn (P2E) robot gaming, where players can earn revenue through both clever gameplay and tactical crypto trading. Announced to the world this past August, the immersive game’s plot is as old as time: collect giant fighting machines (known as “Mecha”) and futuristic weapons to save the world. OK, perhaps it owes much to the Transformers franchise of comics and movies – but Mech Master is very much rooted in the cryptosphere. That means 2D and 3D items with real-world value, the ability to rent and trade NFTs, and even earn rewards for winning battles and assembling the most badass Mecha. An Augmented Reality (AR) demo version is even in the works, suggesting Mech Master may eventually constitute an immersive reality of its own. “Do you want to try to experience yourself standing on the battlefield of giants like in a sci-fi movie?” asks Project Manager Hikari Mai. “If the answer is yes, you cannot miss this feature.” In truth, Mech Master seems tailored for the metaverse right out of the box. Not only are the visuals otherworldly (a prerequisite, it should be said, for a sci-fi game) but there is an enormous library of in-game collectibles that can be found, unlocked, bought, sold and won – everything from Mecha body parts, pilots and virtual land to equipment, lightsabers, energy cannons and vehicles. Naturally, the game’s pioneers will be hoping that as it attracts more players, such items will become highly valuable in the lucrative secondary market. The game even has its own annual World Cup, wherein players can compete for a treasure chest of valuable prizes. Gamers can also build a moonbase land plot and create their own economy by constructing specialized facilities to be used by other players. Speaking of construction, it’s possible to build a special battlefield – then charge other players a fee for the privilege of going to war within. NFT Rally Fuels Innovation in GameFi Space Created by a talented team of crypto, gaming and blockchain veterans, and backed by some of the biggest VC firms in the space (Icetea Labs, Magnus Capital, AU21, MiH Ventures), Mech Master is arriving at a time when NFTs and blockchain gaming are positively booming: not only has Hong Kong-based blockchain game developer Animoca Brands just achieved an eye-watering $2.2 billion valuation, but NFT sales in Q3 surged to $10.7 billion – an eightfold increase from the previous quarter. While it’s anyone’s guess how the NFT/gamefi space evolves over the coming 12-18 months, the Mecha Master team has published an ambitious roadmap that takes it up to Q4 2022. By this time, the project will feature its own decentralized autonomous organization (DAO) and launch on other chains (Polkadot, Ethereum), opening it up to an even wider audience. If the creators get their way, Mech Master will have a presence throughout the world, spreading through word of mouth among hardcore gamers and crypto evangelists. Despite being months away from a full launch, Mech Master communities are flourishing so much that a team of 15 are tasked with managing them. For now though, all hands are to the wheel in preparation for this weekend’s token sales on Red Kite and GameFi. Is Mecha headed for the moon? Time will tell.

El Salvador's best investment was president Bukele buying the dip this year! I know the amount of controversy surrounding the situation in El Salvador and their adoption of Bitcoin! But it’s just been over 1 month since it took place and it’s already 43% up, I really hope the people didn’t spend the 30$ they…
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Hi guys, I work in a startup incubator and I'm trying to convince my boss to fund the Ethereum code bootcamp (Chainshot, super reccomended btw!!) I'm currently undertaking. I need to convince her of the benefits that this course may bring for my job as consultant. Right now we don't incubate many crypto-native startups but…
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Hi guys, I have few questions about the staking economics and rewards for validators. I have done my research and I believe I got everything. But some answers aren't really available on ethereum.org or unclear to me. To be a validator, you need 32 ETH. 1: What happens if you stake 40 ETH? Do you…
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Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup might have taken more than £500K from investors after the launch of its official token dubbed “eats.” The alleged scam was promoted by UK influencers […]

As the cryptocurrency market cap stands at a staggering $2.53 trillion, it is no more just another alternative financial system. Crypto users don’t want to invest in Bitcoin and altcoins as a future asset that will later appreciate in value. Instead, there is a rising clamor for making crypto a part of the mainstream economy. Visa and PayPal have already introduced crypto payments into their platforms, thus pushing for crypto’s mass adoption. One of the latest projects bringing cryptocurrencies to the mainstream by lowering the barrier to entry is @Pay. The project aims to open up into unexplored terrains for everyday crypto transactions. @Pay: Defining New Frontiers for Crypto ‘Buy Now, Pay Later’ transactions are becoming more common in everyday finance, and traditional financial platforms like PayPal who has been offering it for a while. @Pay is a DeFi protocol providing eCommerce payment solutions for merchants and consumers. It has garnered attention for being the first-of-its-kind ‘Buy Now Pay Later’ (BNPL) platform in the blockchain and cryptocurrency space that offers cost-effective solutions for all stakeholders. The Australian platform is already showing signs of success due to its interest-free ecosystem and low entry cost. It comes with the promise that shoppers no longer will need to pay any interest or late fees for availing of BNPL products. @Pay comes with its own integrated wallet, which enables users to buy products on the platform and pay using the crypto in their platform-integrated wallet. This removes the complexity of integrating any third-party crypto wallet and makes cryptos easily accessible to everyone. When a user creates an account on @Pay, they get a base credit of $250. However, if the shoppers make timely repayments, they can increase their credit limits up to $1,200. @Pay enables buyers to purchase products and make payments for them in four installments over a period of three months. The best part is that it charges no interest and only has a fee of $6 per month for the management of users’ accounts. Another interesting facet of the protocol is that users can stake their approved stablecoins to fund @Pay’s BNPL features. In return, they can receive @Pay yield tokens and earn a variable yield throughout the staking period. Additionally, users will also get @Pay tokens from staking, which they can farm to generate more passive income. The @Pay Token An integral part of @Pay is the @Pay token that powers the protocol. @Pay tokens are used for the purpose of governance and distributing platform rewards. The protocol however offers the option to mint more coins in case the supply runs out to cater to ongoing demand. The beauty of this is that all newly minted governance tokens will be based on new revenue-generating transactions on the platform. How Will @Pay Impact Future Transactions? To understand the effect that @Pay will have on the market, we first need to look at two things. Firstly, we have the exponential growth of eCommerce and its staggering sales figures. As countries across the globe witnessed repeated lockdowns due to the COVID-19 pandemic, more people flocked to online shopping. In 2020 alone, eCommerce sales reached a record high of $4.28 trillion. Secondly, BNPL significantly reduces cart abandonments and increases purchase sizes. The BNPL provider, Afterpay, has seen an 83% sales conversion when shoppers get the BNPL facilities. Klarna has also documented how BNPL shoots up the basket size by 68%. Realizing the market requirements, the @Pay protocol seems to be providing the necessary solutions for the merchants and shoppers of the post-pandemic age. With a high credit line and interest-free, no late fees platform, shoppers can make hassle-free purchases. They will no longer need to depend on their interest-heavy credit cards to get hold of the items they need. Furthermore, the elaborate rewards system ensures that shoppers will never want to default on their payments. In tokenizing BNPL features using sophisticated smart contracts, @Pay is at the forefront in driving mainstream crypto adoption. It will not be surprising to see them become one of the biggest platforms for crypto micropayments in the coming years.

submitted by /u/devmobi [link] [comments]

I am dumb and I have some ethereum on my trust wallet from a while back. 0.014, I can't seem to swap it for anything since the fees are higher than my balance. Uhm yea i am stuck 🙁 submitted by /u/this_dude21 [link] [comments]

ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system. The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan pools. The protocol will utilize the Cardano blockchain to flesh out DeFi potential as a viable replacement to the traditional financial sector. Green Blockchain Blockchains of the future will be required to have a lower impact on the environment, working efficiently without consuming enormous amounts of energy to remain operational. Cardano has been one of the most energy-efficient blockchains in the industry. 1.6 million times lower than bitcoin and well below the average level of high market capitalization coins. Cardano has also announced its partnership with Veritree creating “The First Global Cardano Impact Challenge,” an initiative that aims to reinvest donations into replanting trees worldwide. Platform Security The Cardano codebase was developed in Haskell, a widely popular programming language explicitly chosen for its ease of auditing. The Cardano blockchain will offer a protective layer of security for the ADALend protocol to function without breakdown, unlike many DeFi protocols that suffer from issues due to its blockchain complexity. ADALend is considered one of the most efficient and stable DeFi platforms on the market. ADALend will also enjoy the further developments in the Cardano blockchain performed by Input Output Hong Kong (IOHK) which has a very strong team that is always working on further improving the blockchain. Summary In reality, these are the two major factors that will be considered when looking for future providers of financial instruments. Efficiency and security will come as a top concern for users in 2022 and beyond. The replacement of the mainstream banking system will not happen overnight, but it is the constant enforcement of stable alternatives that will be considered the end of traditional financial services. Adalend had an oversubscribed seed round earlier last month; with the private sale round running out quickly, many investors are rushing in to guarantee their spot in the private sale. To find out more about ADALend, visit their website and read their whitepaper.    

Hi all, I have about 30 bucks of an ERC20 token that I want to get rid of in my Metamask wallet. In the same wallet I also have about 100 bucks worth of ETH. What I'd like to do is to convert the token to ETH and move all the ETH to another wallet…
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