Archive for the ‘Binance Smart Chain’ Category

A deep dive into the fastest growing R-Rated Metaverse Game SinVerse – ZyCrypto

An electrifying live discussion with Rutherford Atayobo, the brilliant Chief Operating Officer behind SinVerse a groundbreaking metaverse game built on the blockchain that boasts an edgy R-Rated Mafia theme. SinVerse has taken the Web3 universe by storm, captivating the hearts of thousands with its unparalleled immersive and interactive gaming experience that surpasses all others.

In this dynamic conversation, Rutherford will regale us with his insights and experiences on the development and success of SinVerse, sharing stories of the challenges and opportunities that come with building a metaverse game on the blockchain. Have a great read as we dive into the future of gaming and blockchain technology with one of the most innovative leaders in the industry.

Hello, I am Efe Rutherford Atayobo, co-founder and COO of Sinverse, the first R-Rated Mafia Metaverse built on Web3. As an entrepreneur, innovator, and blockchain ecosystem developer, I have been actively involved in the Web3 ecosystem since 2015 . Since then, I have also founded Manilla Finance, Vanilla Network and Cabbie, three highly innovative and scalable web3 projects.

1. Can you describe the background and experience of the team at Sinverse?

Sinverse is led by a team of four co-founders with a diverse range of skills and expertise. Marouane Fikri has extensive experience in economics, tokenomics, and marketing. Constantine Ene has a strong background in Game Development, Artificial Intelligence, Machine Learning, and Augmented Reality. And I, as the founder of Manilla Finance and Cabbie, have managed a technology hub in Web2 & Web3 development. We also have a strong background in the gaming industry, having grown up during the inception of the first 8-bit video game, Nintendo. At Sinverse, we believe in a flat organizational structure that empowers every team member to contribute to the success of the project.

2. What is the plan for Sinverse in the next five years?

As the COO of Sinverse, I am proud to say that we have ambitious plans for the future. Our goal is to become a leading player in the metaverse space by building a decentralized, immersive, and user-friendly platform. We aim to continue developing and expanding our platform, attracting a large and engaged user base, generating significant revenue from activities such as gaming and commerce, and offering investors an outstanding return on their investment. We have already partnered with other projects to build their businesses in our metaverse, such as Kucoin and Caasha, who are coming to Sinverse to build their financial infrastructure in the financial district. Our vision is to create a metaverse where players can carry out crypto-based transactions right inside our platform and drive adoption of Web3 gaming.

3. How does Sinverse aim to impact the future of Web3 gaming?

At Sinverse, we believe that gaming and blockchain technology are a natural fit, and we are on a mission to create a new type of gaming experience that is more immersive, social, and secure. By combining blockchain technology and gaming, we hope to drive the adoption of Web3 gaming and provide a model for other companies to follow. Our platform is decentralized and owned by users, which will empower game developers and users alike, creating a more equitable and democratic gaming ecosystem.

4. When is Sinverse planning to launch, and what is your go-to-market strategy?

As the COO of Sinverse, I can tell you that we are currently in the process of developing our platform and engaging with the community. While we have not yet announced a specific launch date for the full game, our alpha demo is available for gamers to play and we have received an enviable turnout from blockchain gamers. Our go-to-market strategy is to leverage our partnerships and network to build awareness and attract users to the platform. We also plan to incentivize users to join and participate in the platform through rewards programs and other mechanisms.

5. Why did Sinverse choose to build its platform on Binance Smart Chain, and what is the competitive edge of BSC?

We chose to build our platform on Binance Smart Chain (BSC) because it is a blockchain platform that is designed for high-speed and low-cost transactions, making it well-suited for gaming and commerce. Additionally, BSC has a large and active community, which can help to provide support and promote adoption of the Sinverse platform. By building on BSC, we believe that we can provide a competitive edge to our platform and deliver a high-quality user experience.

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A deep dive into the fastest growing R-Rated Metaverse Game SinVerse - ZyCrypto

Binance US to Delist HNT Token Ahead of Helium Migration to Solana – BSC NEWS

Arbitrum foundation announced the date for the $ARB token airdrop & DAO governance and 12.75% of community allocation to be distributed on March 23. ARB holders will vote on decisions governing Arbitrum One & Nova networks.

Arbitrum announced to launch of its much-awaited DAO governance and its native $ARB token on March 23.

Today The Arbitrum Foundation is extremely excited to announce the launch of DAO governance for the Arbitrum One and Arbitrum Nova networks, alongside the launch of $ARB. https://t.co/TB3wG0QK0v

According to the Arbitrum Foundation, the launch of $ARB marks the evolution of Arbitrum into a decentralized autonomous organization (DAO). Thus, $ARB holders will be able to decide on key decisions governing Arbitrum One and Arbitrum Nova - networks that provide faster and cheaper transactions on the Ethereum blockchain.

The total circulation of $ARB will be 10 billion. A total of 56% of those tokens will be controlled by the arbitrum community - 11.5% will be distributed to the Arbitrum community, and 1.1% will be distributed to DAOs operating in the Arbitrum ecosystem. Arbitrum DAO will control the distribution of the remaining community tokens through a treasury.

The other 44% of Arbitrum's circulation will go to Offchain Labs - the firm that built Arbitrum. All investor and team tokens are subject to a 4-year lockup, with the first unlocking happening in one year and periodic unlocking throughout the next three.

The Arbitrum Foundation and Offchain Labs worked closely with Nansen throughout the past several months to develop eligibility criteria $ARB token airdrop. They developed a point system based on various metrics of network usage.

Users of both Arbitrum One and Arbitrum Nova both received points. Moreover, early users of Arbitrum One (before Nitro) received more points. Users with three or more points are eligible for the airdrop. However, points were also deducted from users who engaged in Sybil-linked usage patterns.

You can check the point system and discover more about the eligibility criteria here.

Users who want to be part of Arbitrum's governance but do not wish to vote on-chain actively can participate passively through delegation.

Furthermore, Arbitrum included a second mechanism in the form of DAO airdrops, as a way of extending token distribution to new and infrequent users. In accordance with this, only Arbitrum projects with DAO treasuries are eligible.

Among the exceptions to the DAO airdrop was the inclusion of the Protocol Guild, an organization that represents the Ethereum core developers and contributors.

The ARB token will only be used for protocol governance, unlike ETH, which is used to pay Ethereum (and Arbitrum) fees.

The DAO governance in Arbitrum is self-executing, which means its votes will directly effect and execute on-chain decisions without the involvement of an intermediary. The voting process requires a minimum of 2137 days to pass before a proposal can be executed, ensuring users are given time to react to any changes.

Additionally, the Arbitrum Foundation established the Arbitrum Security Council, a 12-member multisig of highly regarded community members that would monitor the security of the chains and can act rapidly when a vulnerability is found. At some point, the DAO can also retire the Security Council if it decides the chain no longer needs its protection.

The Arbitrum foundation also announced the launch of Arbitrum Orbit, a platform for developers to easily and permissionlessly create their own Layer 3 (L3) blockchains. Additionally, Arbitrum Orbit L3 chains will support Arbitrum Stylus, which allows developers to build chains in C, C++, Rust, as well as Solidity.

The Arbitrum DAO will be able to authorize additional Layer 2 chains on Ethereum, regardless of whether they are governed by $ARB, ensuring full community control of Arbitrum.

The Arbitrum One platform was upgraded to Nitro in August. Moreover, a few months ago, Arbitrum announced that ten independent institutional validators had signed up to validate the platform.

The community is exited with the recent announcement.

Congrats to the team, this is huge.

You took your time but you delivered.

According to L2 Beat, Arbitrum has $3.63 billion in TVL in its Ethereum rollup network, Aribtrum One.

Arbitrum is an Ethereum layer-2 network that enables developers to build and deploy highly scalable smart contracts at low cost. You can use Arbitrum chains to do all the things you do on Ethereum use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. The flagship product for the team, Arbitrum Rollup, is an Optimistic rollup protocol that inherits Ethereum-level security.

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Binance US to Delist HNT Token Ahead of Helium Migration to Solana - BSC NEWS