Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

Sunday, September 24, 2023

Gala Games: Revolutionizing Gaming with Blockchain




Gala Games: Revolutionizing Gaming with Blockchain
Gala Games, founded in 2019, is a pioneering force in the world of blockchain-based gaming. Created by a team of industry-leading game developers, including Eric Schiermeyer, co-founder of Zynga, Gala Games has set out to redefine the relationship between players and the games they love. The platform leverages blockchain technology and the principles of Web3 to give players more control, freedom, and rewards.

Traditionally, many game publishers have relied on models that require players to continually spend money to enjoy their favorite games. Gala Games seeks to disrupt this by creating a vast gaming platform featuring AAA-level games, many of which are free to play. This shift aims to empower players by granting them ownership of in-game assets, fostering a greater sense of community and control.

Gala Games operates with the GALA token at its core. GALA serves as the primary utility token within the Gala Games ecosystem. It facilitates the purchase of NFT items, rewards Founder's Node operators for their contributions, and covers network fees on Gala's blockchain.

Each day, the emission of GALA tokens is divided, with 50% going to Founder's Node operators and the remaining 50% allocated to the Gala Games conservatorship. The conservatorship reserves funds for future ecosystem growth and project funding. Moreover, GALA token emission undergoes a halving process each year, reducing the daily supply over time.

One of Gala Games' unique features is its commitment to a "games-first" approach. The team boasts centuries of combined experience in game development, placing the gaming experience at the forefront of their priorities. The platform aims to provide gamers with unparalleled freedom, allowing them to own, earn, and play with true autonomy.

Gala Games simplifies the onboarding process for newcomers to the Web3 world, making blockchain transactions accessible through platforms like Coinbase and MetaMask. This user-friendly approach, combined with the ability to purchase in-game items directly with credit cards, opens the door to a wider audience of players.

Additionally, Gala Games collaborates with OpenSea, a leading NFT marketplace, allowing players to trade their in-game items peer-to-peer. This integration enhances the liquidity and tradability of in-game assets.

Gala Games stands out not only for its gaming experiences but also for its commitment to community engagement. The platform's Discord community serves as an open channel for players and community members to provide feedback, contributing to Gala's ongoing success.

In its quest to expand the Web3 entertainment landscape, Gala Games has launched Gala Music and Gala Film, branching out into music and film industries. Furthermore, Gala's generative NFT avatar project, VOX, has gained significant attention, with collaborations involving Dreamworks' Trolls and AMC's The Walking Dead.

Players on Gala Games can collect in-game NFTs that offer various benefits, boosts, and reward opportunities. This flexibility empowers players to enjoy games with less commitment and the freedom to explore a diverse range of titles.

Gala Games' decentralized gaming network relies on Founder's Nodes, which play a crucial role in the ecosystem's growth and decision-making process. Founder's Node operators actively participate in voting mechanisms to shape Gala Games' future, including deciding which games join the platform.

In summary, Gala Games is not just a gaming platform; it's a movement that reimagines the relationship between players and their favorite pastime. By embracing blockchain technology, empowering players with ownership, and fostering an engaged community, Gala Games is leading the charge in the evolution of the gaming industry. As the platform continues to grow, it is poised to become a dominant force in the world of Web3 gaming.



Website: games.gala.com
CoinMarketCap: Gala
Roadmap:

Project Quantum (QBIT): Merging Gaming and Cryptocurrency



Project Quantum (QBIT):
Merging Gaming and Cryptocurrency for a 21st Century Experience


In a world where gaming and cryptocurrency are on the rise, Project Quantum (QBIT) emerges as a trailblazing initiative, set to redefine the gaming industry as we know it. This ambitious project aims to bring AAA gaming into the 21st century by combining cutting-edge technology, a captivating IP powered by Unreal Engine 5, and the utility of its very own cryptocurrency.

The Vision: Bridging Gaming and Blockchain
Project Quantum seeks to bridge the gap between traditional high-budget AAA games and the blockchain world. For those unfamiliar, AAA games are the crème de la crème of the gaming industry, characterized by high production values and top-tier publishers. Project Quantum takes this concept to new heights by infusing it with the power of blockchain technology and cryptocurrency.
At its core, Project Quantum revolves around the Unreal Engine 5, a powerhouse game development engine that empowers developers across various industries to create real-time, immersive experiences. With this engine, gamers can expect the adrenaline-pumping action of AAA first-person shooters while also earning the project's real-world currency, QBIT.

Unleashing the Potential of Unreal Engine 5
Unreal Engine 5 is the driving force behind Project Quantum's promise of delivering exceptional gaming experiences. This game engine allows for stunning graphics, dynamic gameplay, and realistic environments, ensuring that players are truly immersed in the game's universe. With Unreal Engine 5, Project Quantum aims to set a new standard for blockchain-based gaming. QBIT: The In-Game Currency with Real-World Value At the heart of Project Quantum lies its in-game token currency, QBIT. This cryptocurrency is built as a BEP-20 token on the Binance Smart Chain (BSC), a blockchain network known for its efficiency and low transaction fees. QBIT is not just another in-game currency; it holds real-world value and can be used for various purposes within and beyond the gaming world.

Unique Tokenomics and Smart Contract Design
One of the standout features of QBIT is its unique tokenomics and smart contract design. The platform employs a clever system where a portion of every transaction—be it buying, selling, or moving tokens—is taxed. This tax serves multiple purposes. Firstly, 3.5% of it is directed toward game development and support, ensuring that the gaming experience continues to evolve and improve. Another 3.5% is allocated to the Game World Wallet as tokens, which are then reinvested back into the game world, enriching it with special item value, hidden QBIT, and prize money for tournaments. Lastly, 3% of the tax is redistributed to all token holders as a reward for their ongoing support and for contributing to the platform's economic growth.

Ownership and Transparency through NFTs
Project Quantum embraces the world of non-fungible tokens (NFTs) by representing in-game items as NFTs. This means that players have true ownership of their digital assets. Whether it's a legendary weapon, a unique cosmetic item, or a piece of armor, players can track the history and statistics of their NFT items within the game. Imagine owning a prized item used by your favorite gaming influencer and being able to view its entire journey through the gaming world—QBIT makes this possible.

The Mission: Transforming Gaming and Cryptocurrency
Project Quantum's mission is clear—to merge AAA gaming and cryptocurrency, creating an ecosystem predominantly controlled by users. This ecosystem facilitates two-way transactions through the QBIT token, providing gamers, designers, and content creators with the opportunity to earn real-world currency while indulging in their passion for gaming.

A Journey of Success and Growth
Since its launch in May 2021, Project Quantum has achieved remarkable milestones. It swiftly gained recognition by being listed on CoinGecko and CoinMarketCap within 48 hours of launch. With a growing community of over 6,000 token holders and partnerships with renowned industry experts, such as consulting art director Shaddy Safadi and leading game development firms, Project Quantum is well on its way to revolutionizing the gaming industry.

In conclusion, Project Quantum (QBIT) represents the future of gaming—a seamless blend of high-quality AAA experiences, true ownership of in-game assets, and the financial opportunities offered by cryptocurrency. As it continues to push the boundaries of what's possible in gaming, Project Quantum stands as a beacon of innovation, beckoning gamers and developers to join its mission of transforming the gaming landscape for the 21st century and beyond.

Website: quantumworks.co.uk
CoinMarketCap: Project Quantum
Roadmap:


Tuesday, February 7, 2023

What Is Cardano ADA?


ADA is the native cryptocurrency of the Cardano blockchain. It is used as a means of payment, to participate in the governance of the network

Friday, February 3, 2023