The IOTA Foundation’s Web3 Identification Solution has been selected for the European Blockchain Sandbox program, marking a significant advancement in the realm of Know-Your-Customer (KYC) procedures and privacy within the Web3 space. This decision underscores the importance of addressing regulatory considerations surrounding KYC and privacy, especially as decentralized finance (DeFi) continues to gain traction and
NFT
In a surprising turn of events, major retail companies in South Korea, including Lotte and Hyundai, have recently announced their departure from the non-fungible token (NFT) market. This decision reflects a significant shift in their digital strategies as they respond to a slowdown in the NFT industry and refocus their resources on core business operations.
Parallel, a groundbreaking NFT-based card game powered by Ethereum, has made waves with its recent launch on the Epic Games Store. With a dedicated team of industry veterans behind its creation, including talent from top gaming companies like Blizzard and Riot Games, Parallel promises a futuristic sci-fi gaming experience like no other. Blending traditional gaming
In the ever-expanding world of blockchain gaming, Gamee has quickly emerged as a dominant player. Initially operating on the social app Telegram, Gamee made a strategic move to transfer its GMEE token to Ethereum following a significant hack on Polygon. However, this decision alone did not account for the recent surge in activity within the
Gangster Arena 2, the latest release from Uncharted, has made its debut on Blast—a Layer 2 solution integrated with Ethereum. This new game brings together elements of mobile idle tycoon mechanics and PVP game theory to offer a unique blend of strategic and idle gameplay specifically tailored for the degen community. Players are thrust into
Animoca Brands Corporation Limited and its subsidiary, Bacasable Global Limited, have made headlines with the announcement of The Sandbox raising $20 million in funding. This significant funding round also includes a valuation cap of $1 billion for the platform, solidifying Animoca’s reputation as a pioneer in advancing digital property rights within the open metaverse. The
The Arbitrum Foundation has made a bold move by allocating a substantial amount of funds to support the growth of the gaming sector within the Ethereum Layer 2 ecosystem. With the approval of distributing 225 million ARB tokens valued at $215 million over the next three years, the Gaming Catalyst Program (GCP) aims to drive
Overworld Arena, the latest expansion of Xterio’s Overworld venture, has made significant waves in the world of decentralized gaming. By integrating blockchain technology and offering lucrative rewards, Overworld Arena has redefined the gaming experience for players worldwide. This article delves into the key features of Overworld Arena and its impact on the future of web3
McDonald’s Singapore has taken a bold step into the metaverse with the creation of a new digital environment called “My Happy Place.” Developed in partnership with Bandwagon Labs, this virtual space is accessible through the official McDonald’s app and offers a unique blend of real-world and virtual experiences. The initiative also provides special benefits for
The concept of the metaverse is no longer a distant idea but a reality that is transforming the digital world and redefining how we engage with it. Creating a metaverse app is a challenging yet fulfilling task that requires a mix of creativity, technical expertise, and a deep understanding of the digital landscape. This guide
