Decentralized Finance (DeFi)

How one WoW nerf changed cryptocurrency forever

Since its release in 2004, World of Warcraft has earned a legion of followers around the world. The title has had a tremendous impact on culture, but one of its least expected ripples caused a revolution in cryptocurrency. Perhaps the most intriguing example is with Vitalik Buterin, now known as one of the founding fathers of Ethereum (ETH). Before his biggest creation, however, Buterin was a Russian-Canadian who played Warlock from 2007 until 2010. He quit the class—and WoW altogether—after Blizzard nerfed one of his class’ spells. The nerf upset

Yieldly DeFi System to Partner With Esports Organizations

Yieldly, a decentralized finance (DeFi) ecosystem built on the Algorand blockchain, today announced partnerships with esports organizations BOOM esports and Fact Revolution. They will see the release of bespoke esports NFTs that users can win via staking. The partnerships will enable BOOM and Fact Revolution fans to gain entry to Yieldly’s staking products and no loss lottery and earn customized NFT-based rewards for participation. This will allow Yieldly to introduce millions in the global esports gaming community to the benefits of DeFi on Algorand, including lucrative yield-generation opportunities, faster trades

Exordium Receives $500,000 Investment from Polyient for the…

LUXEMBOURG (PRWEB) April 21, 2021 Exordium, a triple-A game publisher, today announces a $500,000 investment from Polyient Ventures, an investment group focused on virtual economies, as part of its ongoing security token offering (STO) for the revolutionary sci-fi massively multiplayer online (MMO) strategy game Infinite Fleet. Samson Mow, creator of Infinite Fleet and CEO of its developing studio Pixelmatic, said, “There’s an extremely powerful use case for non-fungible tokens (NFTs) in gaming, as it gives in-game assets easy transferability outside of the official in-game store. Polyient’s platform has seen remarkable

Chiliz (CHZ) rallies 60% to a $1B market cap as fan token offerings expand

Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is Chiliz, a blockchain platform created by the Socios fan engagement platform. The project is designed to allow fans to purchase branded Fan Tokens that let them influence their teams through the popular vote. According to the project website, all Fan

Mark Cuban and other billionaires join the NBA Blockchain Committee

As some brand-name decentralized finance (DeFi) tokens sputter, a crop of new projects have emerged that are catching strong bids on the back of aggressive yield farming programs, generous airdrops, and significant technical advances.  It’s a set of outlier projects pushing forward on both price and fundamentals that has led one crypto analyst, eGirl Capital’s mewny, to brand them as DeFi’s “Gen 2.” feels like theres a gen 1 and gen 2 of defi tokens now the former is stagnant and the latter is pamping has nothing to do with

Blockchain Game Alliance Will Host NFT Open Forum to Boost Adoption

The Blockchain Game Alliance was formed by a group of companies looking to boost the adoption of blockchain technology in the gaming industry, and it is sponsored by companies like Ubisoft, AMD, ARK.io, Maker, and Algorand.The organization will be running an online open forum discussion on January 15th about the status of the NTF space and its future in 2021.The gamification of cryptocurrency investment strategies like yield farming represented a step forward for NFT’s, which promise to be a big player in the crypto ecosystem in 2021.The Blockchain Game Alliance