Category: Cryptocurrency News

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The proliferation of consumer-grade PC hardware and smartphones pushed the global gaming industry to a valuation of $300 billion in 2021, making video games a more popular form of entertainment than the American film industry. Running parallel to this rise in the popularity of gaming is the explosion of the decentralized finance (DeFi) market, and more recently, the emergence of gamefi, a revolution in blockchain-based gaming which adds an economic spin to what has till now been mere entertainment. The exclusivity of non-fungible token technology makes NFTs a solid foundation upon which to build unique, bespoke player experiences. However, bridging the gap between a novel, emerging technology and the existing global gaming industry has, until now, proven to be a difficult task. Introducing Defi Monster Legends Demole is the first 3D role-playing game based on NFT technology in the world and operates on a play-to-earn basis. It pits player-characters against one another in a PvP environment and pulls together a range of popular gaming mechanics prevalent in triple-A games, such as campaign storylines, resource crafting, arena battles, progressive upgrades, boss battles, a player-operated item marketplace, and more. Recognizing that the global gaming industry exploded largely due to the popularity of smartphone gaming, Demole expands the traditionally PC-based NFT gaming sector into the mobile arena. Demole, which functions as an acronym for Defi Monster Legends, threatens to be the first project to bridge the $300 billion gap between blockchain gaming and its non-blockchain counterparts, thanks to both its mobile focus and an ability to let players earn money as they play. Countering the Gaming Industry’s Underhand Tactics Major video-game publishers have in recent years doubled-down on their tactic of forcing players to pay for game content that would previously have shipped with the base game as standard. Rather than play-to-earn, major developers instead install a pay-to-play mechanism, where certain content is only available to those willing to pay extra. This sales tactic is frequently indistinguishable from gambling, as witnessed with the now normalized loot-box phenomena – a trend which seems doubly pernicious when one considers that its targets are usually children. Blockchain-based NFT gaming has threatened to democratize and liberate gaming culture from these profiteering tactics, however, its failure to meet the graphical and gameplay standards of the existing gaming market has thus far halted its spread. RPG meets BSC Demole aims to connect the traditional gaming market with that of the blockchain-based NFT space by offering the range of features the average gamer has come to expect. Along with graphical fidelity and mobile compatibility, this includes a rich storyline on par with popular modern games, in-game communication, diverse content and missions, and the inclusion of one of the most popular genres in gaming today: RPGs. Built on the cryptocurrency space’s DeFi home, Binance Smart Chain (BSC), Demole offers players a low barrier to entry and modest gas fees for in-game activities. What’s more, its burning and revenue sharing model means it’s not just gamers who can benefit from Demole and its native $DMLG token. Regularly scheduled token burns boost the value of the native token, allowing passive holders to benefit from the popularity of the game. Holders can also opt to stake their tokens to accumulate passive returns. The team behind Demole has long and varied histories in mobile gaming, blockchain development, and marketing and finance. The development of Demole is overseen by four different teams of specialists, dividing up responsibilities between blockchain developers, digital game artists, a marketing team, and a finance team. This specialization of responsibilities, along with its play-to-earn model – and a willingness to aim higher than the NFT space alone – is what the Demole team hopes will push the mobile RPG into the hands of eager gamers worldwide, whether they’re blockchain enthusiasts or not.  

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A viral new project in the play-to-earn gaming sector called HIFI Society has set its sights on industry dominance through a battle-tested play in blockchain and crypto-community building. In this article, we look into how they plan to do this with a toolkit involving gaming, cryptocurrency and NFTs. What is HIFI? HIFI is an emerging crypto Play-To-Earn gaming project that seeks to be a leader in the industry. It is the first major project in the HIFI Society ecosystem. HIFI wants to build pathways for gamers as well as artists by helping them build their professional careers on the blockchain. Simultaneously, their platform is built to attract gaming studios and gaming devs to list their older games and reactivate revenue utilizing HIFI’s reward engine. Its gameplay economics platform includes over thirty retro video games, as well as experiences and rewardable services. And it’s built to get better with age. Equipped with a proprietary gameplay analytics backend set to allow HIFI to constantly improve their user experience based on players’ activity. Users and Community Building First In a cryptocurrency industry rife with pump and dump schemes as well as well-meaning projects too focused on short-term price action, the individual user is often left behind. The team behind HIFI chose a different direction. Long-term price appreciation is dependent on use cases and a strong community. So they put the community and the users first. The value of a platform and its cryptocurrency tokens are only as valuable as it is valuable to its users. HIFI seeks to target, engage and retain different elements of the community according to their need: Inventors: want ROI Traders: want volatility Gamers: want to play Competitive Gamers: want to compete Viewers: want to be entertained Already in beta testing with over 1,000 users, as well as boasting a community of over 5,000 users on Twitter, HIFI seeks to combine the traditional successful elements of a fun user experience with the innovations of the blockchain. Here’s a closer look into what’s built into it. HIFI Ecosystem Elements The first element that HIFI taps into is the nostalgia of game players that users have for retro gaming. They have acquired dozens of games from the ’80s, ’90s and 2000s and one of these is ideally built for keyboard play, others for joystick plays. Their goal was to provide something for a wide array of gamers. Now enter competitive gaming. ESports has been a growing trend for decades, with professional teams organized to the level of professional athletes. But for the most part, eSports has been a closed group of very professionals. What about something for the everyday user who just wants to have some fun or in-between? HIFI has incorporated blockchain into the platform to make the user experience attractive to all levels of gamers. The $HIFI token was built on the Binance Smart Chain to optimize the user experience with the lowest fees. The token comes into play in several ways: All users will be required to stake (not spend) tokens to participate in the platform. Users can earn tokens through participation in the platform. More dedicated users can participate in gaming competitions and earn even more tokens. After platform launch, one of the next steps on the roadmap will include implementing staking rewards. More serious play-to-earn competitors can increase their earnings in this way. Additionally, $HIFI will engage in a quarterly token burn, buying back tokens and destroying them to decrease the supply, create upward price pressure and incentivize all community participants. Looking Ahead With HIFI Society’s gaming platform set to launch within the month, they have already set their eyes toward building other elements of their ecosystem, which will dovetail with HIFI Gaming. The next phase will include launching NFTs on popular third-party marketplaces, introducing artists, musicians, and gamer influencers with co-branded NFTs and activating NFT utility on their own NFT marketplace, which will be for artists as well as gamers using the system. There is also a plan to incorporate yield farming. This was one of the reasons the team chose to build the $HIFI token on the Binance Smart Chain. HIFI’s target is a large, vibrant and growing community, with an array of different participants that are each rewarded for their participation, and a platform that supplies their demands.    

I was trying to estimate the value of Brave browser and its associated token when I came across these articles about what Google pays Apple. 2021 estimate of Google/Apple deal is actually $15 Billion per year: https://gizmodo.com/google-will-continue-to-pay-apple-billions-to-keep-you-1847564608 Oct. 2020 US Department of Justice lawsuit: "In exchange for this privileged access to Apple’s massive consumer base,…
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Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January. However, according to some analysts from the central bank, this number has the […]

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crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. burning supply to artificially pump the price is a giga red flag and will make ETH lose market share to its competitors which will ultimately REDUCE its price (compared to what it could have been)…
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