Tag: Developer

Life Beyond developer raises $3.5m for Bitcoin-based ecosystem

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A subsidiary of Animoca Brands will build a metaverse ecosystem on Bitcoin for gaming, brands, and other in-game purchases. French game developer Darewise Entertainment, a subsidiary of Animoca Brands, has raised $3.5 million through a token presale for its upcoming Bitcoin (BTC) Ordinals-based metaverse ecosystem. In a blog post on Oct. 17, Animoca said the token will be used in multiple projects. Life Beyond is planned to be the first one using the token. The token was backed by gaming investors and web3 venture capital firms such as Gamefi Ventures,…

BitVM wasn’t created to make Bitcoin a pseudo-Ethereum, says developer

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One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s whitepaper was released by ZeroSync’s project lead Robin Linus on Oct. 10 with technical support provided by pseudonymous developer “Super Testnet” — implementing BitVM’s first proof-of-concept and working on expanding BitVM’s capabilities. Upon its release, some industry pundits formed the impression that BitVM would bring DeFi to Bitcoin like what the Ethereum Virtual Machine (EVM) did for Ethereum.…

Median Web3 developer salary stands at $128K in 2023

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A typical Web3 developer has a median salary of $128,000 in 2023. According to a recent survey by Pantera Capital, the highest Web3 engineer salaries are in North America at $166,610, followed by $102,226 in Europe, Middle East and Africa; $90,559 in Latin America; and $75,000 in the Asia-Pacific region. The survey featured over 1,600 respondents across 77 countries, with 40.1% of respondents working in the decentralized finance sector, followed by centralized finance (26.1%) and blockchain infrastructure (15.2%). Less than 2% of the developers surveyed said they worked in a physical…

Radix Unveils Babylon Mainnet Upgrade to Bolster Developer Experience

The Babylon mainnet upgrade brings improved security measures to the Radix network. Radix Publishing, a publisher of code for the Layer 1 smart contract platform Radix has announced the completion of its long-awaited Babylon mainnet upgrade. This development marks the end of the Olympia era and is set to prove to be a game-changing moment for both Web 3.0 and the broader Decentralized Finance (DeFi) space. Undoubtedly, the completion of the Babylon mainnet upgrade is a major achievement for Radix. This is because it ushers in a significant step forward…

XRP Ledger Developer Xumm Reveals “Infrastructure Overhaul,” More Than An Upgrade?

The company behind the XRP Ledger crypto wallet, Xumm, unveiled its plans to launch an “Infrastructure Overhaul” for the network. The company claims the upgrade will push the XRPL to the next level. According to an official announcement shared with Bitcoinist: This isn’t just a technical upgrade; it’s a strategic move to reshape the very foundation of the XRPL, ensuring a sustainable, efficient, and inclusive future for all participants. XRP Ledger Upgrade Goes Beyond? Implications For The Network Xumm believes the XRP Ledger has an “advanced” infrastructure, but they aim…

Avalanche Developer Daniel Sesta Releases WAGMI Tokens

Sestagalli is behind formerly top Avalanche projects like Wonderland, a treasury-backed currency protocol, and Abracadabra, a platform that provides collateral based on yield-bearing assets deposited by users. SPELL, TIME and MIM – three tokens associated with the two projects – had a combined market capitalization of over $6 billion at their peak, data from CoinGecko shows, making Sestagalli one of the most influential developers in the crypto ecosystem at the time. Source

PUBG developer Krafton teases metaverse video game Overdare

Krafton’s Roblox-like video game is said to rely on generative artificial intelligence and be based on the game engine Unreal Engine 5. South Korea’s game developer Krafton, best known for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is set to compete with Roblox with its new product, according to The Korea Economic Daily (KED), a business daily newspaper. As per the report, the new video game, Overdare (formerly Project Migaloo), is being developed with Naver Z, a metaverse unit of Naver Corp, a South Korean internet conglomerate. Overdare, a mobile-based user-generated…