Tag: Platform

Web3 Innovation Studio Venture Punk Releases Arbitrum-Based Generative Art Platform

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A simple tile game is spiking daily txs on Sui Network: Data platform

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A simple blockchain game has been behind a massive spike in daily transactions on the Sui Network, with one data platform even suggesting it has surpassed Solana in network activity. Similar to the 2014 viral browser-based puzzle game 2048, Sui 8192 is a sliding tile game where the players use their arrow keys to shift and combine tiles until they reach a tile worth 8192. It was first launched in October 2022. Each instance of the game mints a new object, similar to minting an NFT, and each move in…

Real-World Asset Tokenization Platform Ondo Finance Expands Tokenized Treasurys to Polygon Network

Tokenized Treasurys has grown to a $600 million market, with Ondo Financeโ€™s OUSG token claiming a significant share of $134 million since its inception in January. Flux Finance, developed by Ondoโ€™s team and governed by a decentralized autonomous organization (DAO) through community votes, lets investors take out loans by pledging OUSG as collateral. It has $44 million of total value locked on the platform, according to DefiLlama. Source

Blockchain gaming platform creates refundable NFT program

Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refunds for nonfungible token (NFT) purchases.ย  In an announcement sent to Cointelegraph, the team explained that within the program, users who acquire NFTs called “Reverties” are eligible to get a full USD Coin (USDC) refund. The project also allows users to stake this new series of NFTs in Spielworksโ€™s game called Dungeon Master and purchase them using USDC via a separate minting mechanism. Through the partnership, Spielworks will leverage Mycelium Network…

Web3 Music Platform Sound Raises $20M To Decentralize Music Payments

โ€œMy philosophy has been โ€˜meet artists with where they’re at,โ€™โ€ said Greenstein, discussing onboarding new creators to Web3. โ€œUltimately, once they get their music collected and get paid out instantly, that’s the dopamine effect that goes โ€˜whoa, I just returned 100% of my revenue, this company didn’t take anything from me, and I own the relationship with my artist with with my listenersโ€™ – that is super, super powerful.โ€ Source

PancakeSwap aims to enhance platform availability with Google Cloud integration

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied PancakeSwap (CAKE) partners with Google Cloud to achieve high availability and faster operations. Since then, CAKE has hit the fourth spot on top gainers today with a 3.8% price increase in the last 24 hours. Prioritizing continuous availability PancakeSwap, a defi trading platform, announced the start of the use of Google Kubernetes Engine to scale its nodes. The announcement was met with a seemingly positive response from the crypto community. ๐Ÿค PancakeSwap is revolutionizing trading with…

Why Digital-Assets Infrastructure Platform Zumo Made Edinburgh, Scotland Its Crypto Hub

Edinburgh is probably No. 2 in the U.K. as a startup hub, it felt like there was a good mixture of talent. We’ve decided to stay probably because of the pandemic allowing us to not have to rely on the very good, but fairly small, talent pool in Scotland. There are only 5.5 million people in Scotland. It’s a secondary hub for financial services or banking for the U.K. outside of London, so people tend to get hoovered up, especially the good ones. Source

Oracle Red Bull Racing Teams Up with Mysten Labs for Blockchain Engagement via Sui Platform

Sui has been selected to serve as the official blockchain partner for Oracle Red Bull Racing. Oracle Red Bull Racing Validator will be available on Sui thanks to the collaboration between the team and Mysten Labs. Mysten Labs, which was the project’s first contributor, will be in charge of managing and operating the validator. In order to enhance the Sui protocol, the Oracle Red Bull Racing Validator will take part in the process of reaching a consensus throughout the network. This will assist to guarantee that the blockchain is populated…