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  • The Three Kingdoms: The New Era of Play-to-Earn Games

    The Three Kingdoms: The New Era of Play-to-Earn Games

    Hong Kong, Hong Kong, 25th September, 2021, Chainwire

    The Three Kingdoms is a highly strategic third-generation NFT game based on the historical characters of the Three Kingdoms period in ancient China. The historical characters enable users to have engaging gameplay while obtaining rewards for their achievements.

    CryptoKitties was the first to bring blockchain gaming to life, and games such as Axie Infinity defined how a good blockchain game should be. The Three Kingdoms aims to build on this with their next-generation play-to-earn game.

    The Next Generation of GameFi

    What does the new era of play-to-earn games mean? The TTK team believes the current generation of NFT games has limited ways for players to earn in them. Additionally, they suffer from outdated and cartoony graphics and minimal gameplay features.

    The Three Kingdoms team set out to build a blockchain game that features multiple methods never seen before in the GameFi market to earn tokens. Additionally, they are creating an authentic gaming experience that compares more to the AAA games, us gamers have been accustomed to playing.

    To achieve this, The Three Kingdoms will feature high-end graphics, a featureful game where users can collect NFT characters, complete quests, and join siege gameplays to earn NFTs. 

    Furthermore, The Three Kingdoms will be the first game that incorporates the idea of battling and sieging cities and a deep, engaging storyline providing a breath of fresh air to the GameFi landscape.

    In the game, users can also host, stake, and monetize events. Build your base, expand your territories, upgrade your character’s attributes, win battles and emerge victorious in PVE and PVP battles.

    The History of The Three Kingdoms 

    The Three Kingdoms is based in 220 AD, the final years of the Eastern Han dynasty. The Yellow Turban Rebellion broke out, with cities and regions forming their alliance for survival. Warlord Dong Zhuo seized control of the capital under the pretext of protecting the young emperor. Cao Cao, who had gradually taken control of territories in the North, saved the emperor and led the central government. Still, formed clans are already eager for the chance to rule over China.

    The country broke into civil war, and soon, China was divided into three spheres of influence: Cao Cao dominating the North, Sun Quan the South, and Liu Bei, the west. The three fought for sixty years to conquer China, and this is where the story for the player begins.

    The Three Kingdoms land is modelled after the historical map of China split into Wei, Shu, and Wu regions. The land will be split into unique squares. For additional utility, these lands are where you can host, stake, and monetize events. Conquer and own your base of operations where you can fight and expand your territory. 

    What’s Next for The Three Kingdoms

    The Three Kingdoms team recruited games and NFT enthusiasts who wished to revolutionize the crypto landscape and become part of something bigger. 

    The Three Kingdoms is well underway, with plans to begin passive gameplay in Q4 of 2021. Referred to as Phase 0, users will be able to earn NFTs by recruiting heroes via outskirts. The team also plans to include additional gameplay features such as the ability to siege empty cities (stake NFTs) and occupy cities (earn APY, In-game currency, and NFTs) in 2022 (Phase 1).

    Phase 2 will feature PvP, where users can attack and defend cities, the attacker and defender both stake NFTs, with the winner earning an APY, currency, NFTs + attributes. 

    Finally, phase 3 will be the introduction of active gameplay via Arena and Tournaments. Players will be able to stake their NFTs against other players in a winner takes all battle.

    About The Three Kingdoms

    Collect your favourite Three Kingdoms characters and battle for a piece of land that only you can truly own!

    The Three Kingdoms is a 3rd Generation NFT Game that adopts the three Kingdoms storyline. Prepare to immerse yourself in a gaming experience enriched with extensive history, well-developed characters, progression gameplay and more. Prepare your heroes for battle, siege cities, and win battles to expand your own land.

    Be your own hero in the land of The Three Kingdoms!

    Follow TTK’s social media channels to stay up to date with the latest news:

    Website — https://ttk.gg/

    Twitter — https://twitter.com/PlayTTK

    Telegram Announcements — https://t.me/TTK_Official

    Telegram Official Community — https://t.me/PlayTTK

    Discord — https://discord.com/invite/kg4SMdCCM5

    Reddit — https://www.reddit.com/r/PlayTTK

    Medium — https://medium.com/@PlayTTK

    Contacts
    • Jon
    • social@ttk.gg
  • China Bans Cryptocurrency Transactions, Bitcoin Tumbles to $41,000

    China Bans Cryptocurrency Transactions, Bitcoin Tumbles to $41,000

    The price of Bitcoin momentarily surpassed $45,000 today, before a sharp decline saw the price decrease to $41,000 in the span of 3 hours. The culprit for the sudden 8.5% downturn was the news coming from China – the Chinese Central Bank reportedly decided all crypto-related transactions are illegal within the county’s borders. However, the news was known for weeks, which means that the market had in large part already responded to the new regulatory changes. 

    Despite this fact, Bitcoin and other cryptocurrencies got caught up in the selloff frenzy spurred by worried investors when the news started circulating in large news media outlets.

    Bitcoin was trading as high as $45,033 before “FUD” settled in and pushed the price towards $41,000.

    In the last two-week period, the cryptocurrency market was faced with several major unexpected events, which have created particularly volatile conditions in September.

    On the same day as El Salvador adopted Bitcoin as legal tender, a massive liquidation of long positions saw the market lose more than $300 billion in the span of hours. After that, the fake announcement of Litecoin being accepted as a payment method by Walmart had shaken up the market. The next in line was the news of Chinese real estate giant Evergrande going under that created a panic in the stock markets, which was then reflected in the price of crypto assets. The last one on the list is today’s China “FUD”.

    The market has rebounded quickly following each negative event over the course of the current month. If anything, the last few weeks are a testament to crypto’s resiliency.

  • FTX Signs Multi-Year Sponsorship Deal With Mercedes-AMG Petronas F1 Team

    FTX Signs Multi-Year Sponsorship Deal With Mercedes-AMG Petronas F1 Team

    One of the biggest cryptocurrency exchanges, FTX has announced the collaboration with Formula One (F1) team Mercedes-AMG Petronas. The full details of the new agreement have not yet been disclosed.

    Key takeaways:

    • While the length and exact details of the sponsorship deal have not yet been revealed, FTX said that the sponsorship will last multiple seasons.
    • The logo of FTX exchange, which will be featured on the Formula One racing car and team’s drivers Lewis Hamilton and Valtteri Bottas, will be unveiled on September 26 during the Russian Grand Prix event.
    • The collaboration between the cryptocurrency platform and the F1 team will also include marketing initiatives for FTX’s various products and services, including non-fungible token (NFT) collection and FTX Pay.
    • The recently penned deal marks FTX’s first foray into the racing arena. The exchange has previously signed a deal with NBA franchise Miami Heat, worth $135M, with esports gaming organization TSM, worth $210M, and with Major League Baseball (MLB)- 
    • Following the news, FTX’s native exchange token FTT saw a lackluster market performance, losing roughly 9% in the last 24 hours. Nevertheless, FTT still belongs to the group of the most successful major coins of 2021, increasing its price 10-fold since the start of the year. FTX routinely appears on the list of top five crypto exchanges with the largest trading volume.
    • FTX’s competitor in the cryptocurrency exchange sector, Crypto.com has also made huge sponsorship announcements over the past year, including deals with UFC, NBA team Philadelphia 76ers, and French soccer team Paris Saint-Germain (PSG).
  • Solana, Top Rival to Ethereum Now Accepted by CryptoGames

    Solana, Top Rival to Ethereum Now Accepted by CryptoGames

    CryptoGames, an online casino that provides top-tier services to its gamblers, has recently made another addition to its commendable list of supported currencies.  Alongside excellent services such as swift financial transactions, frequent promotional events, invulnerable security and rich collection of games, the casino has now started to accept transactions made with the fastest growing blockchain network, Solana. CryptoGames is the first casino to make this revolutionary improvement, and this has vastly enhanced the player experience at the casino.

    Solana has been generating a massive interest for quite a while. The network has been growing rapidly, and much of its success could be attributed to its high transaction speed and low fees. This blockchain network easily provides an answer to the issues faced by Ethereum such as scalability, slow transactions, and absurd fees. The network on average handles 65,000 transactions per second in comparison to the paltry 30 transactions per second done by Ethereum.  The Solana Network can also deploy smart contracts with ease and is very scalable in the process, further proving its supremacy over Ethereum’s current network structure. Despite having a high-count transactions per second, the Solana network keeps its network secure by using Proof of History, a sequence of computation that provides a way to cryptographically verify passage of time between two events. Ethereum on the other hand relies heavily on miners that solve complex puzzles through computational powers to secure the network. This process is extremely slow in comparison to the methods used by the Solana Blockchain Network and is also inefficient and non-eco-friendly. Now with a market cap of $39.8 Billion, Solana is on its way to take over the defi market space. It is one of the top 10 crypto currencies in the market based on its market cap and is showing no signs of slowing its outstanding rise.

    Due to the lightning-fast speed and the low cost of transactions, Solana has now made its way into the list of currencies users can use to play with at CryptoGames. Games such as Dice and Slots can be played by users using Solana. Deposits require one network confirmation which takes only few seconds before they can be used to play. This means users can start playing as soon as they make deposit using Solana.

    About CryptoGames:

    CryptoGames is an elite online gambling site that has amassed huge numbers of peers and users ever since its launch in early 2020. “MuchGamin B.V.”, a Curacao based organization, owns and runs the casino. The games offered by CryptoGames are- Dice, Slot, Roulette, Blackjack, Video Poker, Lottery, Minesweeper, Plinko and newly added Dice 2.0. Users can choose to deposit from any of the following list of crypto currencies: Bitcoin, Litecoin, Ethereum, Dogecoin, Neo Gas, Ethereum Classic, Monero, Bitcoin Cash, Dash and Solana. The casino hosts numerous promotions and events all throughout the year some of which are Monthly Wagering Contests, Weekly Challenges, VIP Program and Huge Jackpots. Currently, users can claim up to 3.84 BTC by competing in bitcoin wagering contests. Users can also earn a massive 3.644 BTC by winning the Jackpot through a lucky single bet. Join CryptoGames today and embark on the gambling adventure of a lifetime!

    Links of Interest:

    CryptoGames : https://crypto.games/

    CryptoGames Blog: https://blog.crypto.games/

    CryptoGames Forum: https://forum.crypto.games/

    BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=750760

    Facebook: https://www.facebook.com/CryptoGames/

    Twitter: https://twitter.com/Crypto_Games

    Discord: https://discord.gg/xassxQr

    “Catch the Winning Spirit”

  • Federal Reserve will “Soon” Reveal its Stance on Central Bank Digital Currency

    Federal Reserve will “Soon” Reveal its Stance on Central Bank Digital Currency

    According to the Federal Reserve (Fed) chairman Jerome Powell, the report on the feasibility of the central bank digital currency (CBDC) will “soon” be released and will include cost analysis and a list of benefits of transitioning to a monetary system powered by a blockchain-enabled currency.

    Key takeaways:

    • As reported by Reuters, the upcoming paper is highly anticipated as it is set to reveal the US leading financial authority’s stance towards CBDCs and possibly give some clues about Fed’s position towards the cryptocurrency sector in general.
    • Massachusetts Institute of Technology (MIT) is working on the separate CBCD report, which is to be released sometime in the coming weeks, as a part of its multi-year research collaboration with the Boston Fed.
    • Powell said that given the US Dollar position as a world reserve currency, it is of the utmost importance “to do this right than to do it fast.” He added that CBCDs must present “clear and tangible benefits that outweigh any costs and risks,” if they were to be accepted as a viable monetary instrument going forward.
    • CBDC is a virtual form of fiat currency, a digital representation of a particular nation’s legal tender, which uses blockchain technology in order to facilitate money transactions.
    • Central bank digital currencies differ from traditional cryptocurrencies, such as Bitcoin and Ethereum, in that the person holding them holds a direct claim on the central bank.
    • Major countries and regions around the world are working on their own version of CBDC, with China committing to digital Yuan, and the European Central Bank working on the digital version of Euro.
    • Congressman from Virginia, Don Beyer recently proposed a “Digital Assets Bill” that would, among other provisions and rule changes, grant the necessary legal powers to the Fed to issue digital banknotes. To read more about the highly controversial crypto legislation that is awaiting a vote in the US House of Representatives, click here.
  • Market Bounces Back Above $2T, Virtually all Coins are Trading in the Green

    Market Bounces Back Above $2T, Virtually all Coins are Trading in the Green

    Bulls had the upper hand in the last 24 hours of trading action in the crypto markets. With an over 5% increase in market cap value, the cumulative value of crypto assets manages to break through the $2 trillion mark after falling to $1.82T on September 21. Virtually all coins in the crypto top 100 by market cap are trading in the green zone, with several projects posting high double-digit gains.

    Avalanche (AVAX) reaches a new all-time high just shy of the $80 mark

    Avalanche has had amazing results in the last 2-month period, increasing by 640% since July 23.

    After a few rocky days, Avalanche has rallied to a new ATH price of $79.48 on a 21% gain, before retracing to $76 at the time of this writing. Zooming out and looking at the 3M AVAX chart shows how much success the crypto has enjoyed in the last 40 days, after experiencing a prolonged period of sideways trading action. AVAX is now the 11th largest crypto with a $17.36B market cap value at press time.

    Avalanche rally coincides with the announcement of the Avalanche Rush incentive program on August 18, which guaranteed $180 million worth of AVAX to boost the decentralized finance (DeFi) ecosystem. The program has attracted some of the biggest names in the DeFi sector, including Aave and Curve, to launch versions of their protocols on the Avalance platform. The market responded to the news with extreme optimism, quadrupling the value of AVAX in a little over a month-long period. For a more detailed look at AVAX and its future potential, you can check out our latest weekly edition of Top 3 Coins to Watch.

    Arweave (AR), Cosmos (ATOM), and Terra (LUNA) are the biggest gainers in the Top 100

    19 out of the top 100 cryptos have posted double-digit gains in the last 24 hours.

    The top spot on the list of biggest gainers among the cryptocurrency top 100 largest coins by market cap belongs to Arweave, which is a decentralized cloud storage protocol. Arweave uses Proof-of-Access (PoA) and so-called Blockweave technology to build a decentralized network of connected storage devices, which provides a high level of data replication and security without the need for a middleman. The price of AR has increased by more than 26% today, and more than 100-fold since Arweave’s AR token started trading in May 2020.

    A similar thing can be said for today’s third-biggest gainer, LUNA, which has started trading in August 2020 and has since grown 150-fold. In the last 24 hours, LUNA has reversed the negative week-long trend, which saw the crypto lose 35% of its volume, by recording a very healthy 23% price increase.

    Cosmos’ last 7-days of trading action was akin to a rollercoaster ride.

    Cosmos, a Proof-of-Stake (PoS) decentralized interoperability blockchain, has experienced rollercoaster-type price swings over the last week. After reaching a weekly peak value and ATH of $44.31 on September 20, the price of ATOM dipped below $30, a more than 30% drop. In the last 24 hours, however, ATOM recovered much of its losses and is now just 7% away from its ATH.

    Crypto market cap is back above $2T, while Bitcoin climbs over $44,000

    Following a market drop, which saw the total capitalization value slip by almost $400 billion, from $2.21 trillion on September 16 to $1.82T on September 21, the recent uptick pushes the cumulative value of crypto assets just above the $2T mark. 

    Bitcoin has momentarily dipped below the $40,000 level on September 22, for the first time since the beginning of August. It wasn’t for long though, as the world’s largest crypto quickly regained some of its lost value and is trading at $44,100 at press time. Although the current market trend, which started on September 7, following a severe flash crash that wiped almost $400 billion in the span of hours, might instill feelings of disappointment, it might be a good idea to take a look at BTC’s long-term performance for a quick refresher.

    When the market sours, it is easy to forget how far the world’s biggest crypto has come in just a few short years. Compared to most traditional investment opportunities, BTC is still offering tremendous upside. For reference, the S&P 500 index, which is widely regarded as a hallmark of market efficiency, has increased by 18% year-to-date (YTD), and 103% in the last five-year period.

  • Justin Sun Launches the World’s Third Cryptocurrency ETN

    Justin Sun Launches the World’s Third Cryptocurrency ETN

    Justin Sun, founder of TRON, published an open letter to the community on September 20 regarding the upcoming listing of TRX ETN in 14 EU countries including Germany, France, the Netherlands, and Switzerland. According to the letter, VanEck TRX ETN (VTRX) has been officially approved by Deutsche Börse Group and is available for trading on Xetra from September 21. The approval from Germany will exempt VTRX from the approval of other EU regulatory authorities, and VTRX will be listed as a compliant security in 14 countries including Germany, France, the Netherlands, and Switzerland. This marks TRX (VTRX) as the third mainstream cryptocurrency, after Bitcoin and Ether, that has been listed on the traditional financial market of Europe. 

    Justin Sun introduced blockchain as a “value network” to China in 2012, which established him as an early evangelist and practitioner of blockchain. Later in 2017, he founded TRON. Today, TRON has built a comprehensive ecosystem spanning from underlying protocols and smart contracts to NFT and metadata storage, boasting over 54 million users and $50 billion worth of crypto assets across the globe. Moreover, the TRON-based USDT (TRC20-USDT), with a circulating supply of as high as $36 billion, is now the world’s largest stablecoin in circulation, accounting for more than 50% of the global market. Not long ago, TRON also inked a strategic partnership with Valkyrie Investments to launch Valkyrie TRON Trust. As the first institutional fund targeting TRON’s crypto ecosystem in the US, the initial size of this Trust is over $50 million, and it plans to file to go public in 2022. 

    Justin Sun announced in his latest open letter to the community that BTTC, a Layer 2 scaling and cross-chain solution, is scheduled for launch on October 30. By then, a closed loop of both layer 1 and 2 networks with sound cross-chain connectivity will take shape, delivering both a robust underlying network of global settlement layer and a heterogeneous, scalable cross-chain network BitTorrent Chain that features high throughput and full compatibility with EVM. This solution will usher in a new era of connecting all chains. 

    According to available resources, the listing of VTRX has been stringently reviewed and approved by Deutsche Börse Xetra, fully complying with the financial regulatory requirements in Europe. Further, with the support of Clearstream under Deutsche Börse Group, TRX ETN is expected to be available for trading in the pan-European market on major European exchanges in London, Paris, and Amsterdam, etc. This marks another milestone of TRON, the forerunner in the global public chain sphere, in pursuing globalization and compliance under Justin Sun’s leadership. 

  • WWE’s John Cena NFT Sale was a Complete Failure

    WWE’s John Cena NFT Sale was a Complete Failure

    Key takeaways:

    • WWE star John Cena’s NFT sale haven’t had much luck with his NFT sale, selling only a small portion of exclusive digital items
    • In the past year, we’ve witnessed a surge in NFT collections launched by celebrities from different areas
    • The most expensive NFT ever sold is still Beeple’s collage, which was sold for more than $69 million back in March

    One of the biggest names in the history of World Wrestling Entertainment (WWE), John Cena has recently joined the fold of celebrities who have decided to venture into the space of the hugely popular non-fungible tokens (NFTs) to launch exclusive digital item sales. While most sales held in the last couple of months were a huge success, the wrestler-turned-actor didn’t have the same luck with his NFT sale.

    What led to the poor performance of the NFT sale?

    When talking at the Florida Supercon 2021, Cena revealed that only 7.4% of available items were sold and attributed the lackluster performance of his NFT sale to the high asking price.

    John Cena is widely regarded as one of the greatest WWE athletes of all time. Image source: Wrestling Inc

    Out of 500 offered gold tier packages that were priced at $1,000 each, only 37 of them sold. The packages included a number of physical items, including the famous wrestler’s autograph, and a unique digital item. Cena had more success with the exclusive one-of-a-kind platinum NFT, which sold for $21,000 following the 24-hour auction.

    “Myself and the folks in the WWE thought $1,000 was a fair price point. We were wrong. We were absolutely wrong. We sold 37 of them. It was a catastrophic failure.”

    NFTs and the real world collide

    Earlier in the year, WWE held an auction of NFT items of another one of its biggest stars, The Undertaker, which gathered a massive amount of interest as the top item was ultimately sold for over $130,000.

    Over the past year, we’ve seen some of the biggest names in the world of professional sports, movies, and celebrities from all walks of life joining the NFT hype train. For instance, That 70s Show’s star Mila Kunis has been promoting the Stoner Cats with Ethereum’s Vitalik Buterin, which is the first NFT series of its kind.

    The most expensive NFT ever sold is a collage of digital art pictures that Beeple has made every day for 5,000 days straight. Image source: Beeple

    Boxing legend Mike Tyson has also dropped his NFT collection and said he was excited about being a part of the crypto community before the launch. Tyson’s boxing colleague, widely regarded as the best defensive boxer in history, Floyd Mayweather also released his own NFT collection titled ‘The Legacy’.

    Just two weeks ago, the world’s largest art museum, World Hermitage Museum joined forces with Binance, to offer a unique collection of 5 NFT items representing the works of some of the most renowned artists of all time, including Leonardo Da Vinci and Vincent Van Gogh.

    As of now, the most expensive NFT ever sold was Mike Winkelman’s (professionally known as Beeple) Everdays: The First 5000 Days, which sold for an astounding $69 million back in March at an auction held by Christie’s. At the time, Winkleman said that NFTs signify the “next chapter of art history.”

  • First Blockchain Event in The “World Expo” History

    First Blockchain Event in The “World Expo” History

    The World Expo, which is going to be held in Dubai this year, has played a major role in the whole world adding more value to the innovations throughout its history.

    The World Expo, which is going to be held in Dubai this year, has played a major role in the whole world adding more value to the innovations throughout its history.

    And now, the most exciting news is coming! For the first time in the history, a Blockchain event will be held at the World Expo.

    This event will be the Blockchain Economy Expo 2020 Dubai, which will take place as part of the Expo 2020 Dubai (main expo) in Dubai Exhibition Centre on November 14-15, 2021. The WORLD EXPO is being held for 170 years and for the first time, blockchain technology will be introduced to the world at the same level as countries, international organizations and other traditional businesses. Blockchain Economy Expo 2020 Dubai will be the most global blockchain event ever. They will welcome more than 40,000 Visitors, 300 Exhibitors, 4,000 companies from 150 countries – it will be the first time that crypto community from so many nations and people will join under one roof. It’s a once-in-a-lifetime opportunity to come together and redefine the financial and technological world of the future.

    Expo 2020 Dubai (main expo) was planned to start on October 2020, however because of covid-19 pandemic it was delayed till the October of 2021. And finally, we all have an opportunity to attend a world-class blockchain event physically after such a long break. Unbelievable but True☺ 100% physically 🙂 

    WHAT IS EXPO 2020 DUBAI? 

    For 170 years, World Expos have served as a demonstration for the greatest innovations that have formed the world in many ways. Expo 2020 Dubai will carry on that tradition by showcasing cutting-edge technology from around the world. The Expo 2020 Dubai is the place to display your wares and make strong meaningful connections at the highest level you can envision. It will be the world’s largest expo ever hosted. Expo 2020 is expected to attract 25.2 million visitors from all over the world, representing more than 191 countries, making it an extraordinary networking opportunity. There will also be a live stream of the event, and virtual visitors are expected to reach 150 million people. CNN, the world’s leading news network, will cover Expo 2020 Dubai in a unique way across all platforms. 

    Cryptocurrency started as a silent protest, now it’s the right time to introduce it to the whole world. You can experience the overwhelming excitement of participating in firsts! 

    Be a part of the First Blockchain Event in the World Expo history!

    Event name: Blockchain Economy Expo 2020 Dubai
    Date: 14-15 November 2021
    Address: Dubai Exhibition Centre, Expo 2020 Dubai
    Website: https://blockchaineconomy.global/