Cryptocurrency

As part of its innovative approach to combining education and technology, Banksters, an EduTech simulator with advanced NFT capabilities, is in the midst of an airdrop campaign that has captured the attention of the gaming and crypto communities. The unique contest, which began on April 3 and is set to conclude on April 17, grants players an opportunity to win exclusive NFTs based on their activity levels within the game. Throughout the contest’s duration, the top 1,000 most active Banksters users will be eligible to win non-fungible tokens that showcase a variety of traits and rarities, with a total equivalent value of 100,000 USDT. These NFTs will be vested for 60 days following the official game launch following the upcoming NFT sale.Alexandru Carbunariu, CEO and CMO at Banksters, highlighted the strategic nature of the contest, stating, “To succeed in the airdrop contest, a different strategy is essential: actively engage in Invest Runs, level up avatars, utilise the Banksters Academy for NFT minting, including the upcoming Minting Scroll on Magic Eden, stay involved in the community, and leverage your Banksters Unique abilities and skills for victory. He added, “Banksters is more than a game; it’s an educational journey into the world of cryptocurrency. The airdrop contest along with the Minting Scroll on Magic Eden, present unique opportunities for players to acquire new skills and empower their characters.”To coincide with the end of the airdrop contest on April 17, and the naming of winners, Banksters will provide 2,000 Minting Scroll NFTs available for sale on the leading marketplace Magic Eden, providing additional opportunities for players to engage with the platform and enhance their gaming experience.The upcoming Banksters token sale is another keenly anticipated event, scheduled to take place on April 24 across a trio of launchpads: BullPerks, Games Pad and other leading Launchpads.. The sale represents a major milestone in Banksters’ ongoing development and expansion within the cryptocurrency and gaming sectors.About Banksters:Banksters is an EduTech simulator that incorporates NFT technology to offer an immersive experience that gamifies common elements of our everyday lives. The platform expands on this niche genre by successfully ‘gamifying’ trading, making it more accessible and enjoyable for a diverse audience, including traditional gamers.Website | Telegram | X | YouTube | Instagram | Discord | TikTok | MediumContactIrina Gatilovairina.gatilova@banksters.comThis article was originally published on Chainwire More

CryptoQuant noted in its analysis that the surge in Bitcoin withdrawals could be attributed to preparations for the upcoming Bitcoin halving. According to the platform, this trend is typically connected with higher holdings in anticipation of future price increases. As investors prepare for anticipated market disruptions, the rise in withdrawals is an indicator of a changing market perspective.Meanwhile, there has been a notable reduction in leveraged trading activity on the crypto market. Open Interest in derivatives markets is reported to have fallen from $18 billion to $14.2 billion. Analysts interpret this situation as a positive sign for the market, as it follows a period of high trading activity.Furthermore, Bitcoin’s entry into the support zone of the Short-Term Holder Spent Output Profit Ratio (STH SOPR) supports the idea of a potential purchasing opportunity. Historically, this phase comes just before the price rises.In an earlier U.Today report, Bitcoin skeptic Peter Schiff highlights $60,000 as a crucial support level for Bitcoin. He stated that a decisive break below this threshold could establish a “triple top” pattern, paving the way for a decline to $20,000.This article was originally published on U.Today More

In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla (NASDAQ:TSLA) Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase (NASDAQ:COIN).This contest marks a significant milestone as the world’s first tokenized vehicle asset, offering participants an opportunity to win a Cybertruck through a transparent, on-chain process. Entry into the competition is free and easily accessible via a Web3 wallet, with significantly reduced gas prices on the Base Layer 2 blockchain compared to Ethereum’s Main Net.Rebecca Hanwell, Operations Manager at MetaWin, highlighted, “By leveraging the Ethereum Base Layer 2 blockchain, we not only minimize transaction costs but also ensure complete transparency and immediate transfer of ownership for every aspect of this contest – from entry registration to prize allocation.”Users can scale their entries by purchasing MetaWin NFTs directly from the website. Each purchase includes a number of free entries, which are registered on-chain at the time of purchase. At the competition’s conclusion, the winner may opt to have the Cybertruck delivered directly or choose an alternative prize of $125,000 in USDC/T, should delivery not be feasible.Participants can enhance their chances of winning by acquiring MetaWin NFTs directly from the platform. Each purchase includes complimentary entries, seamlessly registered on-chain at the time of purchase. At the conclusion of the competition, the winner can choose to have the Cybertruck delivered or opt for an alternative prize of $125,000 in USDC/T, if delivery is not feasible.The Tesla Cybertruck, renowned for its unique design and celebrity endorsements, serves as an extraordinary prize. It remains under the stewardship of MetaWin, with its VIN number detailed in the NFT contract.Rebecca Hanwell further noted, “The Cybertruck not only represents an exceptional vehicle but also embodies the technological innovation driving our vision at MetaWin. Hosting this contest on the blockchain ensures that every step of the process is as revolutionary as the prize itself.”The competition is now open for entries, with the drawing scheduled for June 1, 2024. The winner will receive their prize promptly upon the contest’s conclusion, showcasing the efficiency and potential of blockchain technology in modernising traditional asset ownership. For more information and to participate in this extraordinary contest, visit MetaWin.com.About MetawinMetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike.Follow us on social media:X| InstagramJoin our community:Telegram | Discord ContactPR TeamMetawinpress@metawin.comThis article was originally published on Chainwire More

Ontology Network, a leading public blockchain, has announced a $10 million fund, designated in ONT & ONG tokens, to accelerate the adoption, education, and development of decentralized identity (DID) solutions. This initiative is tailored to catalyze innovation across four critical areas: DID Education, ONT ID Technical Tutorials, ONT ID Adoption, and Building with ONT ID, ensuring a robust ecosystem for users, developers, and businesses alike.Ontology’s Pioneering Journey in Decentralized IdentityIt’s important to highlight Ontology’s longstanding commitment to the DID field. With over six years in operation, Ontology has been at the forefront of DID technology, marking significant milestones that underscore its leading position in the space.Notably, the user base for ONT ID, Ontology’s premier decentralized identity protocol, has impressively surpassed 1.6 million users. Additionally, initiatives like the ONTO Wallet and Orange Protocol have been instrumental in broadening the adoption of DID across the wider Web3 ecosystem, showcasing Ontology’s pivotal role in shaping the future of digital identity.DID Education: Spreading Knowledge and UnderstandingA cornerstone of this initiative, DID Education aims to enhance awareness and comprehension of decentralized identity. Ontology invites content creators and educators to develop high-quality, engaging materials that demystify DID concepts, focusing on Ontology’s protocols and products. Funding will support various formats, from articles and videos to immersive events, with a keen eye on content quality, reach, and innovation.ONT ID Technical Tutorial: Empowering Users and DevelopersTo improve the accessibility and understanding of ONT ID, Ontology’s flagship DID solution, the fund will back comprehensive tutorials and documentation. From beginner to advanced levels, these resources will include practical applications, step-by-step guides, and interactive learning tools, all designed to facilitate easy implementation and utilization of ONT ID.ONT ID Adoption: Fostering Integration and PartnershipsEncouraging the wider integration of ONT ID, this funding stream targets projects that establish strategic partnerships or integrate ONT ID into new or existing platforms. Emphasizing the importance of user experience and the potential for DID adoption, Ontology seeks proposals that demonstrate clear plans for integration, supported by detailed resources and community engagement strategies.Building with ONT ID: Innovating for the FutureOntology aims to inspire the creation of innovative applications and services utilizing ONT ID, showcasing its utility and versatility. Funding will support projects with a clear development and implementation plan, evaluating proposals based on innovation, market potential, and sustainability. This effort is designed to not only demonstrate ONT ID’s capabilities but also to ensure the growth of the ecosystem.Comprehensive Support and Community EngagementBeyond financial backing, Ontology is committed to providing a spectrum of support to ensure the success of funded projects. This includes skill-level segmentation for tutorials, idea incubation support, technical resources, and market validation guidance. Additionally, milestone-based funding, community involvement in project selection, and follow-up support are integral components of the initiative.Join Ontology’s DID FundOntology’s DID Fund presents a unique opportunity for creators, developers, businesses, and educators to contribute to the evolution of digital identity. By fostering a community of innovation, education, and adoption, Ontology is not just funding projects but nurturing the future of decentralized identity.Interested participants are encouraged to bring their creative and innovative ideas to the forefront, leveraging Ontology’s support to make a tangible impact in the DID space. Applicants are encouraged to submit their project proposals here ensuring a streamlined and accessible application process.Stay ConnectedWe encourage our community members to stay engaged with us through our official social media channels. Your insights, participation, and feedback are crucial to our continuous growth and innovation. Follow us on social media for the latest updates – linktr.ee/OntologyNetworkFor more information reach out to contact@ont.io.ContactHead of MarketingRaindyOntologyluyudi@ont.ioThis article was originally published on Chainwire More

Lucie shared a chart that showed a trend of bottoming and reaccumulation in each market cycle, eventually leading to a bull market scenario. This pattern is currently playing out in this market cycle, with bottoming and reaccumulation leading to the beginning of the bull run, which, according to Lucie’s chart, still has room to run.Urging the Shiba Inu community to zoom out, Lucie believes prices remain on track for a supercycle, as far as she can tell, adding that 2024-2025 will be interesting while tagging BTC and SHIB.Bitcoin halvings, which occur about once every four years, have traditionally been turning points on the crypto market. These events reduce the reward for mining new blocks by half, effectively slowing down the rate at which new Bitcoins are created and, thus, limiting supply.The previous halvings have led to significant bullish runs on the crypto market, and the anticipation of this scarcity effect has often spurred investor optimism.Oklink, a blockchain explorer, indicates that the countdown is two days and 13 hours as of press time, with an estimated date of April 20.With Bitcoin halving on the horizon, the SHIB community is looking toward a supercycle — a period of rapid price appreciation across the cryptocurrency market. The prediction suggests that SHIB could see a substantial increase in value, riding the wave of Bitcoin’s reduced supply and increased demand – save for Near Protocol, which was higher by 9% on the daily time frame, and SHIB was trading higher among the top 20 at the time of writing, up 4% in the last 24 hours to $0.00002243.Shibarium’s gas token, BoneShibaSwap (BONE), has seen comparable gains, up 4% in the last 24 hours to $0.594.While the prospect of a Bitcoin-driven supercycle for SHIB might seem exciting, it is crucial to remember that past performance may not be predictive of future results.This article was originally published on U.Today More

StakeLayer, a leader in pioneering Bitcoin L2 restaking, has successfully raised over $1 million in its pre-sale, marking a significant milestone. The company’s rapid development is becoming increasingly evident within the crypto space. The community is experiencing rapid growth, and it is clear that the Bitcoin account is remarkably robust with the potential for further expansion.Users are welcome to check out the Pre-Sale that is already live here.What is StakeLayer?StakeLayer is looking to introduce a novel approach that expands the functionality of Bitcoin beyond basic transactions and savings, paving the way for new applications within the Bitcoin ecosystem.By leveraging restaking mechanisms on Bitcoin’s L2 applications, StakeLayer aims to enable participants to potentially earn rewards through Proof-of-Stake activities. This innovation broadens the utility of Bitcoin beyond the traditional Proof-of-Work consensus model.Why StakeLayer?Users can learn more on Twitter, Telegram and the StakeLayer Website. About:StakeLayer presents a novel approach to unlocking new functionalities for Bitcoin, introducing a revolutionary EigenLayer on Bitcoin. By introducing restaking on Bitcoin’s L2, it opens doors for increased capital efficiency, potential security benefits, and a wider range of applications built on the Bitcoin network.While the project is still in its early stages, StakeLayer’s unique features hold promise for the future of Bitcoin and its integration with the evolving DeFi landscape.ContactSam VidenStakeLayercontact@stakelayer.ioThis article was originally published on Chainwire More

Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities.Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At the core of the new gaming Layer-3 sits the Anomaly SDK, which enables advanced AI functionalities like AI-driven matchmaking, decision-making, player model training, automated quest creation, and asset generation in Web3 gaming. This aims to help reduce developer time, address cost challenges of AI integration, and significantly improve user engagement and experience within the Anomaly gaming ecosystem.Anomaly is poised to revolutionize web3 gaming by engaging with Telegram, Discord, and Farcaster communities. This approach meets users where they are, providing in-platform gaming experiences that bypass onboarding challenges, abstract away blockchain complexities, and offer experiences on par with web2 games.About AnomalyAnomaly is an avant-garde AI gaming studio and Layer 3 blockchain innovator poised to redefine gaming by merging Web3 with SocialFi and utilizing AI to create immersive experiences. Anomaly is at the forefront of gaming evolution, focusing on harnessing AI and blockchain synergies. The studio is dedicated to rapid game development and deployment, community engagement via social platforms, and innovative approaches to gaming, setting new benchmarks in interactive entertainment.About The Arbitrum FoundationThe Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and community with secure scaling for Ethereum. Introduced in March 2023, Arbitrum Orbit is a permissionless path for launching customizable dedicated L2 and L3 Orbit chains using Arbitrum technology. Arbitrum Orbit enables features such as custom gas tokens, dedicated throughput, customizable permissions, interoperability, and more by leveraging its secure, scalable, and cost-efficient blockchain scaling technology. More than 25 Orbit chains have been officially announced, and an additional 50+ are in active development to date.About GelatoGelato is an all-in-one Ethereum Rollup as a Service Platform built without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato Rollups allow anyone to build and deploy their fully serviced Layer 2 and Layer 3 chains natively integrated with industry-standard Web3 tools and services launching a production-ready web3 development environment with one click.ContactHead of MarketingElla JonasGelato Digital GmbHpress@gelato.digitalThis article was originally published on Chainwire More

Roobet, the pioneering entertainment brand and one of the world’s fastest-growing crypto casinos, has today launched a brand-new game in collaboration with its Chief Ganjaroo Officer and entertainment legend Snoop Dogg.Available exclusively on Roobet, the game, titled ‘Snoop’s High Rollers’, is the latest product of the groundbreaking partnership between Snoop Dogg and Roobet as they continue to push the boundaries of digital entertainment.Snoop’s High Rollers is the second game to emerge from their exclusive partnership, this time with Gaming Corps lending their world-leading expertise in innovative gameplay and development. Snoop stated: ‘The Snoopification continues. I’m making my mark on things and this one has been in the works for a while, it ain’t your average game. It’s fun, it’s fresh, and it’s gonna go crazy. Don’t meet me at the platform – beat me to the platform, ya dig?!?!? Rooooobet ugot2doit.’Anthony Brennan, Roobet’s Head of Partnerships, echoed Snoop’s sentiment, stating: ‘Roobet loves pushing the envelope and never flinches at an opportunity to bring iGaming and pop culture together. Our partnership with Snoop Dogg, as well as our close collaboration with Gaming Corps, has meant we can create something truly extraordinary for our players.‘We’re grateful to partner with fellow out-of-the-box thinkers to build something that feels fresh in an industry full of remixes. This game is just one of many exciting things that becomes possible when creators support creators – we can’t wait to see how our community reacts.’ Set against a quintessential Hollywood backdrop, the game draws inspiration from Snoop Dogg’s illustrious career. Keeping it lighthearted, the game features two of Snoop’s favorite types of green – money, and Mary Jane – and is accompanied by a soundtrack inspired by some of his iconic hits and expert narration from the Chief Ganjaroo himself. Juha Kauppinen, CEO of Gaming Corps, stated: ‘It is with much pride that we at Gaming Corps have had the chance to develop a game in close collaboration with Snoop Dogg and Roobet, where we have combined our unique gaming perspective with Snoop Dogg’s unparalleled style and charisma. Our vision is to offer players an experience where music, culture and gaming merge into something extraordinary.’Experience the thrill of Snoop’s High Rollers only on Roobet from 18 April 2024.About RoobetRoobet is creating a space for every type of gamer. What started as a haven for crypto enthusiasts has hit the mainstream: with over 400M views on TikTok, the drumbeat from Gen Z and Millennials is building – Roobet is a brand ‘for the internet, by the internet.’With Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto casino space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming.ContactRoobet Teammedia@roobet.comThis article was originally published on Chainwire More