Still new. Still learning. Be kind. I finally purchase ETH on Metamask. (Took six days for the ACH to clear, BTW!) I'm excited to buy my magic beans buy the next mooning coin! I set up a SWAP from ETH to magic bean token for a purchase. The estimated gas fees are over $100 US!…
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Intro I'm sure we've all seen the post, it's about 8 hours old at the time of this writing and has been on the front page of this sub pretty much all day. I know the T word, G word, and R word are all scary around here, but after doing my own research I've…
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PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. […]
With all the messages from scammers trying to steal your money, I thought a thread to ask genuine questions would be good for beginners, and veterans alike. As the title says, what are you having difficulty with? Anything that this community can give an ELI5 on? There are no stupid questions. A benefit of having…
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submitted by /u/Worried_Zombie_3332 [link] [comments]
Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement. Russian Founder of Cryptocurrency Exchangers Detained in Holland Denis Dubnikov, co-founder […]
More paths open up for Web3 gaming as a $100 million investment fund is launched by the large blockchain venture firms Solana Ventures, Lightspeed Venture Partners, and FTX. A lot of enthusiasm surrounds the future of the GameFi industry as it grows exponentially. The fund aims to invest in “the intersection of blockchain and gaming”: technology companies, gaming studios that incorporate the Solana blockchain. Gaming could be a great gateway for Web3 to bring in “next billion users”, said one of the partners. The CEO of FTX Sam Bankman-Fried said in Tweeter that this partnership might build “the biggest growth area in the sector: web3 + gaming + NFTs.” Related Reading | FTX CEO Sam Bankman-Fried Reveals Reason Behind Billions Of Dollars Tether Purchase Recently, Lightspeed and FTX announced their first investment for the gaming studio Faraway by leading a $21 million Series A funding round alongside other important partners such as a16z, Pantera Capital, and Sequoia Capital. Faraway will now integrate Solana blockchain into “Mini Royale”, the studio’s top game. Faraway CEO Alex Paley commented on their goals for the project: Blockchain technology will unlock the potential for truly player-driven, open economies and will usher in the next wave of gaming and virtual worlds, (…) Our goal for both current and future games is to create extremely fun and social games with open economies, giving players true ownership over their in-game assets and a true voice in how the game evolves over time. Web3 Gaming And Solana See Growth Web3 gaming has seen great growth in popularity, parallel to Solana’s token impressive gains in 2021. The new digital era is allowing further monetization and experiences in the gaming ecosystem by integrating DeFi and NFTs. Related Reading | Why Billionaire Chamath Palihapitiya Invested In The Solana Ecosystem The merge of the blockchain and gaming comes with great potential for revenue alongside the possibility of creating strong communities and new features for them. “High-performance blockchains like Solana are now capable of delivering the kind of web2 experiences gamers expect while providing the advantages of decentralized Web 3 systems.” Said Amy Wu, partner at Lightspeed Venture Partners in a public statement. She further commented to Cointelegraph about her views on the metaverse: the metaverse is a potential digital world where people build identity, reputation, make friends, play, and transact in. (…) If it becomes even a fraction as meaningful as our offline lives, it’s incredibly valuable. Hence why Web 2 companies like Meta and native Web 3companies alike are trying to build this. People spend hours a day in games like Fornite and Roblox, so I believe the metaverse will be born out of a social game. Anatoly Yakovenko, CEO of Solana Labs, also commented in the fund’s public statement: In the last few months we’ve seen talented game builders leave their jobs at Riot, EA, Scopely, and other established gaming firms to build Web 3 games on Solana. We are excited to collaborate with Lightspeed and FTX to support and accelerate this new wave of builders. Newzoo projected that the gaming market will generate around $218,7 billion by 2024. They also reported a growth in player rates from 20210 to 2021 of +5.4%.
The decentralized finance sector currently represents only 0.1% of its maximum potential, and its significant growth is inevitable.
Ok, long time holder here, and this may be off-topic– but I see this as an indicator that something is seriously fucked with r/bitcoin I've been a member of r/bitcoin since 2013 and today I just was notified that I have been banned after making the following comment: https://www.reddit.com/r/Bitcoin/comments/qnmirp/google_invests_1_billion_in_exchange_that_trades/hjhy2uv/?context=3 LOL! Ok, so I knew that…
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