In the fine lines of the social layer, there is one aspect that keeps gamers hooked, and that is the bragging rights that they have achieved in their gaming journey. Think of Xbox Live, online games, and eSports, where players are able to compete with one another, grow in their rank/levels, gain recognition medals, and unlock achievements. Source
Category: ICO
Side-Dealing Accusations Put Crypto VC Funding in Spotlight
SIDE DEAL? Two months ago, the blockchain-development world was rocked by the news that Neel Somani, founder of the uber-modular blockchain project Eclipse, was stepping aside from his role in response to sexual misconduct allegations. Now, there’s fresh accusations surrounding the project’s fundraising. Crypto venture capital giant Polychain has accused Niraj Pant, a former general partner at the fund, of making a backroom deal with Eclipse that broke the fund’s policies, a scoop by CoinDesk’s Sam Kessler. According to three sources close to the situation and internal Eclipse documents reviewed…
As U.S. Commodities Regulator CFTC Urges Fast Crypto Action, Senators Still Scrambling
“I believe the single most important thing I have done, and continue to do, is advocate to this body to fill the regulatory gap,” Behnam told the senators. “Congress must act quickly in order for regulators, like the CFTC, to provide basic customer protections that are core to U.S. financial markets.” Source
Leveraging CESR Benchmarks for Competitive Advantage
The CESR benchmark offers a tool for operators to measure and enhance their performance within the Ethereum ecosystem. By leveraging CESR alongside operational metrics like Rated RAVER, operators can achieve greater transparency, trust, and efficiency. As the Ethereum network continues to evolve, these benchmarks will play an increasingly vital role in guiding and evaluating validator success. CESR will continue to be used by market participants, validators and financial institutions worldwide when engaging in products that reference Ethereum as the first bedrock financial rate of return for the Internet. Source
Stop Trying to Sell Gamers What They Don’t Want
Years ago, indie game developers discovered that empowering their communities to contribute to development, testing, and marketing is the key to building an impactful (and profitable) game on a tight budget. Releasing early access builds and doing community playtesting offers a huge spectrum of benefits from practical bug testing to getting feedback on identifying and connecting their game with the exact target audience. All without spending money to acquire that information and service. By involving their communities early and often, game developers also build a network of evangelists that feel…
CoinDesk 20 Performance Update: RNDR and NEAR Lead Gains as Index Inches Higher
The CoinDesk 20 is currently trading at 1975.16, marking a slight 0.7% increase since yesterday. Source
GSR and Wealth Manager St. Gotthard Execute Options Trade Tied to CoinDesk 20 Index
The CoinDesk 20 was launched in January. It is a cryptocurrency market benchmark that measures the performance of the largest digital assets, similar to the S&P 500 Index or Dow Jones Industrial Average for U.S. equities. The largest constituents of the CD20 are bitcoin, at 30%, ether at 19%, SOL at 19% and XRP at 7%. Source
Crypto Investment Firm Hypersphere Unveils $130M Market Fund Called Atlas
“Our hope is that the combined effect of these allows us to create a product where we have the benefit of being in crypto, participating in the growth of the asset class, as well as minimizing volatility through better liquidity and offering steady, stable returns,” Platts said in an interview. Source
Layer 2 Starknet Introduces Staking Proposal to Its Ecosystem
StarkWare, the main development firm behind Starknet, shared that staking will be rolled out in several phases. “In the first main stage, stakers will need to connect to Starknet, interact with the staking contracts, and follow the proposed protocol rules to stake,” the press release said. Teams at StarkWare and Starknet Foundation will study their users’ staking habits to determine later staking mechanism updates. Source
Vitalik Buterin Reflects On Strengths, Weaknesses of Ethereum, ‘Hardening’ the Blockchain
“So if you want a robust ecosystem, it needs to be simple,” Buterin told the crowd. “It should not have these, like, 73 random hooks and some kind of backwards compatibility because of some random dumb thing that this random guy called Vitalik came up with in 2014.” Source