🛡Axie Infinity Hack - How do We Prevent This?🛡
The recent Axie Infinity hack came as a major shock to the crypto and gaming community. Having resulted in over $600M worth of stolen crypto, it got many thinking - are any of us safe?
🔐Earn.Games does not compromise when it comes to security. We understand that all crypto-related projects are a potential hacker goldmine, which is why we do not apply security as a patch to fix something when it’s already broken.
🔵Earn.Games security has been thought through from day one of development, and is in constant process of amelioration, to prevent any chance of breach and ensuring the safety of your funds and personal information. What’s the best way to learn?
From people's mistake!
Stay Safe with Earn.Games💙
The recent Axie Infinity hack came as a major shock to the crypto and gaming community. Having resulted in over $600M worth of stolen crypto, it got many thinking - are any of us safe?
🔐Earn.Games does not compromise when it comes to security. We understand that all crypto-related projects are a potential hacker goldmine, which is why we do not apply security as a patch to fix something when it’s already broken.
🔵Earn.Games security has been thought through from day one of development, and is in constant process of amelioration, to prevent any chance of breach and ensuring the safety of your funds and personal information. What’s the best way to learn?
From people's mistake!
Stay Safe with Earn.Games💙
🛡The challenge is how to keep these virtual worlds secure and protected.🛡
As a result of the 2008 financial crisis, blockchain was born out of a desire to take control of finance away from the unscrupulous financial services industry.
📍Consider those venture capitalists and financial services firms are the primary investors in this field, and that the major mining pools are owned by a small number of firms. However, decentralized finance, or "Defi," risks repeating the original unregulated banking system's sins, and then makes it worse by enabling criminals and financial fraud. As a result, these assets rely on safe and reliable smart-contract technology that can be transferred and traded without risk.
As a result of the 2008 financial crisis, blockchain was born out of a desire to take control of finance away from the unscrupulous financial services industry.
📍Consider those venture capitalists and financial services firms are the primary investors in this field, and that the major mining pools are owned by a small number of firms. However, decentralized finance, or "Defi," risks repeating the original unregulated banking system's sins, and then makes it worse by enabling criminals and financial fraud. As a result, these assets rely on safe and reliable smart-contract technology that can be transferred and traded without risk.
Earn.Games: Next-generation gaming and metaverse launchpad
🔵Earn.Games is a platform dedicated to collaborating with NFT games creators to help them accelerate their digital asset and blockchain strategies.
🎮Are you an NFT-game creator?
🔵Earn games looks for projects that are cutting edge in the field of blockchain gaming. Incubation of NFT games will be a key component of our strategy. NFT games uses a Play-To-Earn paradigm, which allows players to earn while playing. We aspire to build an inclusive ecosystem on Earn games.
🔵Earn.Games is a platform dedicated to collaborating with NFT games creators to help them accelerate their digital asset and blockchain strategies.
🎮Are you an NFT-game creator?
🔵Earn games looks for projects that are cutting edge in the field of blockchain gaming. Incubation of NFT games will be a key component of our strategy. NFT games uses a Play-To-Earn paradigm, which allows players to earn while playing. We aspire to build an inclusive ecosystem on Earn games.
🌐The Era of hype draws near with NFTs, Web 3.0, metaverse, and cryptocurrency🌐
The world of Metaverse, Web3, and NFTs is a whole new realm of digital innovation and technology that will transform human engagement and interaction. It's also a brand-new world of security risks, vulnerabilities, and legitimate user concerns.
🌍We at Earn.Games are not sure where these digital worlds will lead, or what the future of these technologies will look like, but we do know they all need better approaches to security. It is a whole new realm of digital innovation and technology that will transform human engagement and interaction and push the boundaries of connection and commercialization.
The world of Metaverse, Web3, and NFTs is a whole new realm of digital innovation and technology that will transform human engagement and interaction. It's also a brand-new world of security risks, vulnerabilities, and legitimate user concerns.
🌍We at Earn.Games are not sure where these digital worlds will lead, or what the future of these technologies will look like, but we do know they all need better approaches to security. It is a whole new realm of digital innovation and technology that will transform human engagement and interaction and push the boundaries of connection and commercialization.
✨Earn.Games — the Merge of Blockchain Games & the Metaverse✨
Earn.Games is a fresh new blockchain gaming launchpad, dedicated to expanding the Metaverse ecosystem. With blockchain games, NFTs, and the Metaverse, our ecosystem is one where user have full financial control over their assets through implemented lending, borrowing, and minting functionality.
🤝In a way, it is a union of forward-thinking developers and content providers who work together to incorporate digital materials into their games and projects.
At the end of the day, our goal at Earn.Games is to contribute to the creation of a better society by adopting blockchain-based development technologies, and the timing couldn’t be more right! We are now at a critical juncture in history when mankind is preparing for the "New Normal," and virtual worlds will facilitate the transition, changing how we live, work, and play for the better.🌏
Earn.Games is a fresh new blockchain gaming launchpad, dedicated to expanding the Metaverse ecosystem. With blockchain games, NFTs, and the Metaverse, our ecosystem is one where user have full financial control over their assets through implemented lending, borrowing, and minting functionality.
🤝In a way, it is a union of forward-thinking developers and content providers who work together to incorporate digital materials into their games and projects.
At the end of the day, our goal at Earn.Games is to contribute to the creation of a better society by adopting blockchain-based development technologies, and the timing couldn’t be more right! We are now at a critical juncture in history when mankind is preparing for the "New Normal," and virtual worlds will facilitate the transition, changing how we live, work, and play for the better.🌏
📢News of the Week
Missed out on something? Check out our recap!
🎮Earn Games vs Inflation. Buyback & Burn
We will use part of the commission from our platform for the buyback and subsequent burning of our EAR #tokens! This way, the value of EAR stays strong and our token holders have no reason to worry when it comes to staking & farming it!
🎮Axie Infinity Hack: How do we prevent this?
Earn.Games security has been thought through from day one of #development, and is in constant process of amelioration, to prevent any chance of breach and ensure the safety of your funds and personal information.
🎮Earn.Games: Next-generation gaming and Metaverse launchpad
Earn games looks for projects that are cutting edge in the field of blockchain gaming, and the Incubation of #NFT games will be a key component of our strategy.
More in our Medium: https://medium.com/@EarnGames/news-of-the-week-c3fa262b404a
Missed out on something? Check out our recap!
🎮Earn Games vs Inflation. Buyback & Burn
We will use part of the commission from our platform for the buyback and subsequent burning of our EAR #tokens! This way, the value of EAR stays strong and our token holders have no reason to worry when it comes to staking & farming it!
🎮Axie Infinity Hack: How do we prevent this?
Earn.Games security has been thought through from day one of #development, and is in constant process of amelioration, to prevent any chance of breach and ensure the safety of your funds and personal information.
🎮Earn.Games: Next-generation gaming and Metaverse launchpad
Earn games looks for projects that are cutting edge in the field of blockchain gaming, and the Incubation of #NFT games will be a key component of our strategy.
More in our Medium: https://medium.com/@EarnGames/news-of-the-week-c3fa262b404a
🎮What You Need To Know About Earn.Games And The Metaverse🎮
The blockchain has changed many established processes, operations, and systems in more ways than we could imagine. Digital currencies and cryptocurrencies, are now here to offer an autonomous, secure, and revolutionary form of digital money.
🎇The blockchain has also been instrumental in the development of non-fungible tokens, also known as NFTs. 2021, in turn, became the year of much discussion about bringing attention to the Earn.Games Metaverse platform and other similar projects.
Earn.Games looks to be the number one crypto Metaverse that alters the relationship between producers, gamers, and gaming platforms. Earn.Games is establishing the framework for a new gaming economy in which players own the results of their creative labor and are paid for the considerable value they provide to platform operators!🤝❤️🔥
The blockchain has changed many established processes, operations, and systems in more ways than we could imagine. Digital currencies and cryptocurrencies, are now here to offer an autonomous, secure, and revolutionary form of digital money.
🎇The blockchain has also been instrumental in the development of non-fungible tokens, also known as NFTs. 2021, in turn, became the year of much discussion about bringing attention to the Earn.Games Metaverse platform and other similar projects.
Earn.Games looks to be the number one crypto Metaverse that alters the relationship between producers, gamers, and gaming platforms. Earn.Games is establishing the framework for a new gaming economy in which players own the results of their creative labor and are paid for the considerable value they provide to platform operators!🤝❤️🔥
🏆Best NFT Ecosystems🏆
The crypto world is changing fast, and one of the biggest examples of that can be seen in the rise of #NFTs and the rapid development of NFT ecosystems. Which are the best ones at the moment?
🔥Find out in our brand-new Medium article! https://medium.com/@EarnGames/best-nft-ecosystems-f8b29e4006e
The crypto world is changing fast, and one of the biggest examples of that can be seen in the rise of #NFTs and the rapid development of NFT ecosystems. Which are the best ones at the moment?
🔥Find out in our brand-new Medium article! https://medium.com/@EarnGames/best-nft-ecosystems-f8b29e4006e
🚩P2E Red Flags🚩
Play-to-Earn (P2E) is an exciting game genre, no doubt. After all, who wants to go back in time, and invest half their income to upgrade a character and get good at a game. P2E has resolved a lot of old-school issues we had, indeed. But not all that shines is gold…Let’s take a look at a list of what one should look out for when it comes to P2E projects!
❌Bad Tokenomics (namely, unfair distribution of tokens, unlimited max supply)
❌Anonymous Teams
❌No roadmap or vision
❌No use cases, no partnerships, undelivered features
❌Close-source, buggy codes, reported hacks and scams
❌Lower number of nodes/miners, central nodes controlling the whole network, dependence on third-parties
❌Promotion of pyramid structures
❌Under legal investigation
❌”Too good to be true” yields & interest rates, long lock-up periods, suspicious exchanges and liquidity pools
❌Pump & dumps, few people holding most coins, price movements supported mainly by influencers
Stay Safe with Earn.Games!🛡️
Play-to-Earn (P2E) is an exciting game genre, no doubt. After all, who wants to go back in time, and invest half their income to upgrade a character and get good at a game. P2E has resolved a lot of old-school issues we had, indeed. But not all that shines is gold…Let’s take a look at a list of what one should look out for when it comes to P2E projects!
❌Bad Tokenomics (namely, unfair distribution of tokens, unlimited max supply)
❌Anonymous Teams
❌No roadmap or vision
❌No use cases, no partnerships, undelivered features
❌Close-source, buggy codes, reported hacks and scams
❌Lower number of nodes/miners, central nodes controlling the whole network, dependence on third-parties
❌Promotion of pyramid structures
❌Under legal investigation
❌”Too good to be true” yields & interest rates, long lock-up periods, suspicious exchanges and liquidity pools
❌Pump & dumps, few people holding most coins, price movements supported mainly by influencers
Stay Safe with Earn.Games!🛡️
❓How long can you live in the Metaverse?❓
Mark Zuckerberg believes that mankind will migrate into Metaverse in the future, leaving the world as we know behind. He thinks that virtual worlds will become so consuming and comfortable that we will not want to leave them, and our own world may well become obsolete. Is this really the future? How long will we be able to live in the Metaverse?
💡Well, we already see the increasingly strong similarity between experiences in the real world and in the virtual one: the more these two will look the same, the more we lose motivation to live in the real world, spending more and more time in the Metaverse.
Top-notch games, successful identities, simple needs. It all sounds awesome, right? But will we be able to master this way of life? Is the virtual world indeed better if it can offer all we need and more, or is a grip on the real world still an additional must to be happy?
What do you think? Let’s share our opinions!👇
Mark Zuckerberg believes that mankind will migrate into Metaverse in the future, leaving the world as we know behind. He thinks that virtual worlds will become so consuming and comfortable that we will not want to leave them, and our own world may well become obsolete. Is this really the future? How long will we be able to live in the Metaverse?
💡Well, we already see the increasingly strong similarity between experiences in the real world and in the virtual one: the more these two will look the same, the more we lose motivation to live in the real world, spending more and more time in the Metaverse.
Top-notch games, successful identities, simple needs. It all sounds awesome, right? But will we be able to master this way of life? Is the virtual world indeed better if it can offer all we need and more, or is a grip on the real world still an additional must to be happy?
What do you think? Let’s share our opinions!👇
📢News of the Week
Behind on news? How about a refresh?
🕹What You Need To Know About Earn.Games And The Metaverse
The blockchain has been key to the development of NFTs. 2021, in turn, became the year of much discussion about the #Metaverse, bringing attention to the Earn.Games Metaverse platform and other similar projects.
🕹Best NFT Ecosystems
According to beincrypto, the top NFT ecosystems at the moment are #ETHEREUM,# RONIN, #FLOW, #SOLANA and #WAX. Why them? Dive a little deeper into it in our Medium article!
🕹Choosing P2E Project - Red Flags
Not all that shines is gold…We at Earn.Games have come up with a list of #P2E project red flags to help you stay safe!
🕹How long can you live in the Metaverse?
Mark Zuckerberg believes that mankind will migrate into the metaverse in the future. He thinks that virtual worlds will become so consuming and comfortable that we will not want to leave them, and our own world may well become obsolete.
#Earn_Games_
#P2E
#NewsOfTheWeek
Behind on news? How about a refresh?
🕹What You Need To Know About Earn.Games And The Metaverse
The blockchain has been key to the development of NFTs. 2021, in turn, became the year of much discussion about the #Metaverse, bringing attention to the Earn.Games Metaverse platform and other similar projects.
🕹Best NFT Ecosystems
According to beincrypto, the top NFT ecosystems at the moment are #ETHEREUM,# RONIN, #FLOW, #SOLANA and #WAX. Why them? Dive a little deeper into it in our Medium article!
🕹Choosing P2E Project - Red Flags
Not all that shines is gold…We at Earn.Games have come up with a list of #P2E project red flags to help you stay safe!
🕹How long can you live in the Metaverse?
Mark Zuckerberg believes that mankind will migrate into the metaverse in the future. He thinks that virtual worlds will become so consuming and comfortable that we will not want to leave them, and our own world may well become obsolete.
#Earn_Games_
#P2E
#NewsOfTheWeek
🔷Facebook Metaverse - Go or No-Go?🔷
The creation of a virtual world - the #Metaverse - has been something that we all have been waiting for for a while now. #Facebook's version is not too different from that, but it has an unusual twist…
💰So far, it seems that Facebook is deliberately limiting its Metaverse’ features to make the company more money. It is not just creating and selling items in the Metaverse, but they have also implemented a hefty fee on purchases made inside this #virtual world. Is this fair and will they go far? Time will show.
#Earn_Games
#P2E
The creation of a virtual world - the #Metaverse - has been something that we all have been waiting for for a while now. #Facebook's version is not too different from that, but it has an unusual twist…
💰So far, it seems that Facebook is deliberately limiting its Metaverse’ features to make the company more money. It is not just creating and selling items in the Metaverse, but they have also implemented a hefty fee on purchases made inside this #virtual world. Is this fair and will they go far? Time will show.
#Earn_Games
#P2E
💚P2E Green Flags💚
We have previously taken the time to talk about P2E project red flags — aspects one should look out for when picking P2E projects. But what about the good stuff? Which questions should you ask to see if the project and its token have some real perspective?
✅ How recent is the project’s white paper?
✅ Has the company updated its road map?
✅ Has the company completed its road map goals on time?
✅ Are the people who started the project reputable, and is information about them available through other platforms, such as LinkedIn?
✅ Does the project have a working product, and if not, does the project’s team provide progress updates through platforms such as Medium, Reddit or Telegram?
✅ Which problems does the project’s token solve?
✅ Is it a true privacy token? No server attacks or website compromises?
✅ Does the project’s token give you complete control over your funds?
All this in check? Likely you are good to go! Stay Safe & Invest Smart with Earn.Games!
We have previously taken the time to talk about P2E project red flags — aspects one should look out for when picking P2E projects. But what about the good stuff? Which questions should you ask to see if the project and its token have some real perspective?
✅ How recent is the project’s white paper?
✅ Has the company updated its road map?
✅ Has the company completed its road map goals on time?
✅ Are the people who started the project reputable, and is information about them available through other platforms, such as LinkedIn?
✅ Does the project have a working product, and if not, does the project’s team provide progress updates through platforms such as Medium, Reddit or Telegram?
✅ Which problems does the project’s token solve?
✅ Is it a true privacy token? No server attacks or website compromises?
✅ Does the project’s token give you complete control over your funds?
All this in check? Likely you are good to go! Stay Safe & Invest Smart with Earn.Games!
🎮P2E Games Optimization — Why does it matter?🎮
P2E game optimization today is perhaps more important than ever for enlarging the circle of potential gamers. Amid the global chip shortage and high video card prices — it’s as simply as — not everyone can afford a high-end gaming computer. What can we do? Well, it’s all in the hands - of P2E project creators!💥
Understanding the difficulties of the current market and creating games that would provide an interesting story and a high-end visual to match, while also giving an opportunity for those with less advanced technologies to enjoy it, it is surely a challenge, but this may be the only way to go if P2E gaming is to grow and expand its user base.
Have you ever felt the effects of the global chip shortage? Do you believe companies should do a better job in including everyone into their gaming circle, not just those who have the deep pockets? Let’s share our opinions!👇
P2E game optimization today is perhaps more important than ever for enlarging the circle of potential gamers. Amid the global chip shortage and high video card prices — it’s as simply as — not everyone can afford a high-end gaming computer. What can we do? Well, it’s all in the hands - of P2E project creators!💥
Understanding the difficulties of the current market and creating games that would provide an interesting story and a high-end visual to match, while also giving an opportunity for those with less advanced technologies to enjoy it, it is surely a challenge, but this may be the only way to go if P2E gaming is to grow and expand its user base.
Have you ever felt the effects of the global chip shortage? Do you believe companies should do a better job in including everyone into their gaming circle, not just those who have the deep pockets? Let’s share our opinions!👇
💰Currency Tokens in P2E Games — Yes or No?💰
There are two types of gaming tokens, used as achievement rewards in P2E games. Project tokens and currency tokens. Are currency tokens worth buying? Well, let’s take a look.
🔵What are currency tokens? They are cryptocurrencies based on other major cryptos, such as BTC or ETH. For example: SLP (Smooth Love Potion), an ETH-based token in Axie Infinity. It sounds good, doesn’t it? You receive these as rewards for your skill and are free to sell them on exchanges for profit. But is it really how it works? Sadly, not quite.
💙Usually, currency tokens are distributed in huge numbers and are susceptible to high inflation. No reputable financial investor would really bet on them when it comes to profiting.
If you believe in a project, we at Earn.Games would suggest going for project tokens as rewards, as opposed to currency ones, any day.👍
There are two types of gaming tokens, used as achievement rewards in P2E games. Project tokens and currency tokens. Are currency tokens worth buying? Well, let’s take a look.
🔵What are currency tokens? They are cryptocurrencies based on other major cryptos, such as BTC or ETH. For example: SLP (Smooth Love Potion), an ETH-based token in Axie Infinity. It sounds good, doesn’t it? You receive these as rewards for your skill and are free to sell them on exchanges for profit. But is it really how it works? Sadly, not quite.
💙Usually, currency tokens are distributed in huge numbers and are susceptible to high inflation. No reputable financial investor would really bet on them when it comes to profiting.
If you believe in a project, we at Earn.Games would suggest going for project tokens as rewards, as opposed to currency ones, any day.👍
🔵Traditional Guilds vs Crypto Guilds🟠
🔷We are all aware of traditional gaming guilds, they have been around for decades, and most of us have at some point taken advantage of them. But the world doesn’t stop moving forward, and with Play-to-Earn (P2E) games, come crypto guilds. How are they different, and are they worth it? Let’s find out!
🔶P2E crypto gaming guilds are organizations that act as intermediaries by purchasing in-game items in the form of NFTs, then lending them out for players to play and earn yields. Guilds then take profit by sharing a portion of the earnings, as well as the rent paid to the guild.
🟧🟦In traditional gaming, guilds rise or fall with the game. Instead, crypto gaming guilds act as platforms to support new gamers by providing the assets they need to start playing the games. In this case, even if a game loses its popularity, members of a crypto gaming guild can move to other popular games! Pretty awesome, right?
Are you part of a crypto guild? Let’s share our experiences!👇
🔷We are all aware of traditional gaming guilds, they have been around for decades, and most of us have at some point taken advantage of them. But the world doesn’t stop moving forward, and with Play-to-Earn (P2E) games, come crypto guilds. How are they different, and are they worth it? Let’s find out!
🔶P2E crypto gaming guilds are organizations that act as intermediaries by purchasing in-game items in the form of NFTs, then lending them out for players to play and earn yields. Guilds then take profit by sharing a portion of the earnings, as well as the rent paid to the guild.
🟧🟦In traditional gaming, guilds rise or fall with the game. Instead, crypto gaming guilds act as platforms to support new gamers by providing the assets they need to start playing the games. In this case, even if a game loses its popularity, members of a crypto gaming guild can move to other popular games! Pretty awesome, right?
Are you part of a crypto guild? Let’s share our experiences!👇
📢News of the Week
Need a refresh? Here we go!
🟠P2E Green Flags
We at Earn.Games have collected some questions you should ask to see if the project and its token have some real perspective!
🟠P2E Games Optimization
P2E game optimization today is perhaps more important than ever for enlarging the circle of potential gamers. Amid the global chip shortage and high video card prices — it’s as simply as — not everyone can afford a high-end gaming computer.
🟠Currency Tokens in P2E Games — Yes or No?
As good as currency tokens sound as gaming rewards, they are distributed in huge numbers and are susceptible to high inflation, which is something to keep in mind if you are going down that road.
🟠Traditional Guilds vs Crypto Guilds
Crypto gaming guilds act as platforms to support new gamers by providing the assets they need to start playing the games. In this case, even if a game loses its popularity, members of a crypto gaming guild can move to other popular games!
#Earn_Games_
#P2E
#NewsOfTheWeek
Need a refresh? Here we go!
🟠P2E Green Flags
We at Earn.Games have collected some questions you should ask to see if the project and its token have some real perspective!
🟠P2E Games Optimization
P2E game optimization today is perhaps more important than ever for enlarging the circle of potential gamers. Amid the global chip shortage and high video card prices — it’s as simply as — not everyone can afford a high-end gaming computer.
🟠Currency Tokens in P2E Games — Yes or No?
As good as currency tokens sound as gaming rewards, they are distributed in huge numbers and are susceptible to high inflation, which is something to keep in mind if you are going down that road.
🟠Traditional Guilds vs Crypto Guilds
Crypto gaming guilds act as platforms to support new gamers by providing the assets they need to start playing the games. In this case, even if a game loses its popularity, members of a crypto gaming guild can move to other popular games!
#Earn_Games_
#P2E
#NewsOfTheWeek
🛡️Why Decentralization Matters❓
Decentralization is not a novel idea. When developing a technological solution, there are a total of three network designs to consider: centralized, distributed, and decentralized🛡️.
🕹While blockchain technologies frequently employ decentralized networks, a #blockchain application cannot necessarily be classified just as decentralized or not. Decentralization is a sliding scale that should be applied to all parts of a #blockchain program. Greater and more equitable service may be accomplished by decentralizing resource management and access in an application.
💥It’s wise to keep in mind that while decentralization does often come with sacrifices, such as decreased transaction speed, the trade offs in the face of increased stability and improved service levels should be well worth it.
Decentralization is not a novel idea. When developing a technological solution, there are a total of three network designs to consider: centralized, distributed, and decentralized🛡️.
🕹While blockchain technologies frequently employ decentralized networks, a #blockchain application cannot necessarily be classified just as decentralized or not. Decentralization is a sliding scale that should be applied to all parts of a #blockchain program. Greater and more equitable service may be accomplished by decentralizing resource management and access in an application.
💥It’s wise to keep in mind that while decentralization does often come with sacrifices, such as decreased transaction speed, the trade offs in the face of increased stability and improved service levels should be well worth it.
🔺Why GameFi is Set to Grow in 2022🔺
🔷Despite the fact that DeFi is where the big chunk of money resides, with $254 billion in total value locked in, the #blockchain gaming sector also got $4 billion in investment in 2021. According to DAppradar, this game #business will have "moderate growth" in 2022.
🔷In fact, #blockchain gaming businesses have been receiving truly record amounts of venture money. For example, Justin Sun, the CEO of #BitTorrent and the inventor of Tron, has formed a $300 million fund focused on Play-to-Earn and GameFi. Sky Mavis was valued at $3 billion by Andreessen Horowitz, who led a $150 million Series B fundraising round.
🔷What does this tell us? That #GameFi is here to stay. Where we are now is only the beginning❗️
🔷Despite the fact that DeFi is where the big chunk of money resides, with $254 billion in total value locked in, the #blockchain gaming sector also got $4 billion in investment in 2021. According to DAppradar, this game #business will have "moderate growth" in 2022.
🔷In fact, #blockchain gaming businesses have been receiving truly record amounts of venture money. For example, Justin Sun, the CEO of #BitTorrent and the inventor of Tron, has formed a $300 million fund focused on Play-to-Earn and GameFi. Sky Mavis was valued at $3 billion by Andreessen Horowitz, who led a $150 million Series B fundraising round.
🔷What does this tell us? That #GameFi is here to stay. Where we are now is only the beginning❗️
💰Why is IDO a Win-Win?💰
An initial DEX offering, or IDO, is a new and exciting type of decentralized and permission less crowdfunding platform, which is opening up a new way of fundraising in the crypto space — the new and current most seamless way for projects to get their tokens out there.
🔷What issues does an IDO solve? Well, being a successor of IEO and ICO, IDO differs from its comrades. When raising funds for a project through an IEO or ICO, projects are first required to pay exchange fees and wait for a project to receive approval by the exchange before it’s listed. With IDOs, projects don’t have to pay high fees and don’t require anyone’s permission. Basically, IDOs actually do represent a completely decentralized offering!
💥And what’s in it for the people? Well, exciting new projects and chances to become their early investor, reaping the maximum benefits, of course! Have you taken part in any IDOs lately? Looking forward to Earn.Games IDO? We also have one on our agenda!
An initial DEX offering, or IDO, is a new and exciting type of decentralized and permission less crowdfunding platform, which is opening up a new way of fundraising in the crypto space — the new and current most seamless way for projects to get their tokens out there.
🔷What issues does an IDO solve? Well, being a successor of IEO and ICO, IDO differs from its comrades. When raising funds for a project through an IEO or ICO, projects are first required to pay exchange fees and wait for a project to receive approval by the exchange before it’s listed. With IDOs, projects don’t have to pay high fees and don’t require anyone’s permission. Basically, IDOs actually do represent a completely decentralized offering!
💥And what’s in it for the people? Well, exciting new projects and chances to become their early investor, reaping the maximum benefits, of course! Have you taken part in any IDOs lately? Looking forward to Earn.Games IDO? We also have one on our agenda!
💎P2E Tokenomics #2 - Governance Tokens💎
Last time we took the time to speak about currency tokens, and whether they are worth it for investors. Turns out, due to their excessive supply and volatility - not so much. But how about governance tokens?
🔵First off, what are governance tokens? Simply put, governance tokens are a type of utility token issued to users to represent each person's stake in the DAO.
They come with certain privileges, including:
🎮Governance
In-game voting rights and receival of rewards
🎮Staking
Locks up project tokens, allowing for rewards in new project tokens
🎮Payment
Breeding fees and participation within the economy
Are they worth the investment? Actually, yes! Their supply is typically limited, which means they are worth way more than our last week’s acquaintance - the currency token.🚀
Last time we took the time to speak about currency tokens, and whether they are worth it for investors. Turns out, due to their excessive supply and volatility - not so much. But how about governance tokens?
🔵First off, what are governance tokens? Simply put, governance tokens are a type of utility token issued to users to represent each person's stake in the DAO.
They come with certain privileges, including:
🎮Governance
In-game voting rights and receival of rewards
🎮Staking
Locks up project tokens, allowing for rewards in new project tokens
🎮Payment
Breeding fees and participation within the economy
Are they worth the investment? Actually, yes! Their supply is typically limited, which means they are worth way more than our last week’s acquaintance - the currency token.🚀