Animoca Brands announced the launch of a gaming token on the Bitcoin network

-

Hong Kong-based venture capital firm Animoca Brands, with participation from Opal Protocol and Saakuru Labs, is launching the BLIF token. The issuer promises that it will be a native coin of the ecosystem of Web3 Games, entertainment and decentralized finance in the Bitcoin network.

According to the official announcement from Animoca Brands, the BLIF token created on the Runes standard will become an asset of the Opal Protocol project. The initiative is supported by Magic Eden, Xverse, HorizenLabs and ALEX.

Darewise investment product director Vincent Marty admits that the conglomerate of firms will try to grab a share of the Web3 market, whose capitalization is set to grow from $3.19 billion in 2024 to $16.3 billion in 2028.

Animoca Brands has announced a partnership with Saakuru Labs, a project developing the Saakuru tier 2 network. Objective: to develop Web3 games.

Comments

Post a Comment

Popular posts from this blog

New cryptocurrency security technologies

-
Image
Hacking of blockchain platforms is a growing concern in the digital community. According to Immunefi, a company specializing in cryptocurrency network security, hackers withdrew over $200 million from 32 projects in the first 2 months of 2024. That's 15.4% more than in January and February 2023. The total damage from exploits last year amounted to $1.8 billion. To ensure the security of cryptocurrency platforms, developers are constantly improving technologies. Main risks in the cryptocurrency market Investing in digital currency attracts high returns. Therefore, there are many dangers in the cryptocurrency market. Analysts combine the risks into several groups: Vulnerabilities in cryptocurrency wallet security systems. Private keys, which are 256-bit code, securely guard access to vaults. It would take attackers millions of years to crack them. Wallets become vulnerable due to bugs in the program and user errors. Phishing attacks. Attackers often use fake emails on beh
Read more

The most unprofitable cryptocurrencies (ADA, MATIC, AVAX)

-
Image
According to IntoTheBlock , over 90% of Cardano, Polygon and Avalanche cryptocurrency holders are in a losing position. Cardano (ADA) IntoTheBlock data shows that 95% of Cardano (ADA) investors have remained in a loss. At the same time, 4% of holders find themselves in a break-even position, and early Cardano holders stopped receiving income at all (0%). The majority of ADA holders, over 60%, are long-term holders who have owned Cardano cryptocurrency for a year or more. Polygon (MATIC) 96% of Polygon (MATIC) holders are in minus. 0% of Polygon investors have a breakeven position. Only 4% of early MATIC holders are making a profit on their investment in the asset. 59% of holders have kept their crypto assets for more than a year. According to IntoTheBlock, 85% of Polygon's traded shares are in the hands of large holders, and none of the investors are getting returns from investing in MATIC. Avalanche (AVAX) Avalanche (AVAX) ranks 19th in market capitalization, accordi
Read more

According to experts, the price of Cardano will reach 3 dollars

-
Image
Experts at global fintech company Finder have presented a number of predictions regarding the Cardano (ADA) cryptocurrency. Despite the slow growth of this cryptocurrency, various experts in the crypto industry predict that the price of ADA will rise to a record high in the near future. Cardano (ADA) cryptocurrency price will exceed 3 dollars A recent survey of participants conducted by Finders has revealed the future price outlook of the Cardano (ADA) cryptocurrency. According to the report, this crypto coin is expected to witness significant growth between $5.37 and $3.15 on average by 2023. Supporting the potential rise in cryptocurrency prices, Layer One X chief operating officer Matiu Rudolph predicted that the price of ADA coins could rise to $3.50 or higher by 2025 and reach a new all-time high of $10 by 2030. Matiu Rudolph based his predictions on Cardano's growing ecosystem and strong community of supporters. The loyal community of this cryptocurrency is one of its g
Read more