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Facebook Acknowledges Libra May Never Be Launched

Niji Narayan

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Facebook Acknowledges Libra May Never Be Launched
Image Source: vanityfair.com
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Facebook has acknowledged that its plan to launch Libra cryptocurrency may be disturbed due to regulatory scrutiny. The strong push-back from international regulators and authorities may force Facebook to delay the launch. The mixed response from the community also makes it difficult to access the potential market acceptance of such currency.

In its latest quarterly report, Facebook warned that it couldn’t guarantee Libra “will be made available on time, or at all” due to various factors.

“Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue. We do not have significant prior experience with digital currency or blockchain technology, which may adversely affect our ability to successfully develop and market these products and services,” the company said.

Libra head David Marcus promised that Libra would become a low-cost and efficient payment tool for people who did not have access to traditional means of transferring money.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Blockchain

Ubisoft welcome Sorare in their Entrepreneurs Lab’s program to bring blockchain game to football fans around the globe

George Miller

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Ubisoft welcome Sorare in their Entrepreneurs Lab’s program to bring blockchain game to football fans around the globe
Reading Time: 2 minutes

 

Leading blockchain gaming company Sorare today announced their selection inside the Ubisoft Entrepreneurs Lab’s program to bring its groundbreaking game to football fans around the globe.

Sorare is a new digital platform for football fans to collect, trade and play with officially licensed blockchain cards.

“Ubisoft has been the first leading game editor to willingly explore the potential of Blockchain technology for gaming” said Nicolas Julia, CEO of Sorare. “Sorare is proud to work alongside Ubisoft gaming experts to create an unparalleled digital experience for football fans.”

Football fans have been collecting and playing with physical cards for decades. When it comes to the digital world, it has been impossible to collect them. Traditional game items were neither digitally scarce, nor tradeable; they were not actually owned by gamers.

Unlike other digital cards, Sorare’s blockchain cards are limited edition digital collectibles that gamers can freely trade and use.

Sorare’s fantasy football game is currently in open beta and is already officially licensed by 30 football clubs. Dozens of other major clubs are to join in the coming weeks.

The game features a weekly fantasy football experience where managers can compose teams of 5 blockchain cards and earn rewards. Managers get ranked based on the performance of their players on the pitch, and bonus points related to the power of their blockchain cards.

“We are enthusiastic about Sorare innovation to introduce this new game, with what can become coveted digital collectibles for football fans around the world » said Nicolas Pouard, Blockchain Initiative Director

“Collaborating with Ubisoft allows Sorare to benefit from the expertise we have acquired over the last 30 years in technology, user experience and game design. By supporting Sorare, Ubisoft wants to empower entrepreneurs who will contribute to the creation of the entertainment of tomorrow.”

For more information on Sorare, please visit sorare.com

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Blockchain

CasinoFair rebrands to serve new generation of player

George Miller

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CasinoFair rebrands to serve new generation of player
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Premium blockchain casino CasinoFair has undergone a major rebrand in conjunction with an update to its user interface.

Marking the one year anniversary since the premier decentralised casino went live, the rebrand delivers a new logo and aesthetic which.is grounded in a wider user experience incorporating gameplay, promotions and future features to be launched.

CasinoFair has executed the new brand on the back of player feedback and behaviour, which it has found to differ considerably to usual igaming player behaviour and demands.

With a predominantly young millennial, male player base, the new logo is more in-keeping with the innovative blockchain sector and further away from the traditional, dated imagery often associated with land-based and traditional igaming companies.

One of the rebrands key tenets, ‘Player Power’, will see CasinoFair put the player back in control. Guaranteed Fair technology, instant payouts and full custody of funds will give players the respect and treatment they deserve and which has been lost across much of the gaming industry.

The casino’s other principle of ‘Unrivalled Fun’ will deliver the best in pioneering blockchain games, many of which have not been seen before, as well as innovative promotions and strong community engagement which makes every win feel that more special.

The new colour palette consists of bright tones with subtle pastel skews, bringing to life both CasinoFair’s priorities of fun, vibrant casino experiences with the reliability that players desire from their gambling companies.

Lloyd Purser, MD at CasinoFair, said: “CasinoFair has led the way in delivering premium blockchain experiences since its launch one year ago, and to build on this momentum we have listened to our players and delivered a rebrand that will serve this new generation of player far better.

“The new logo, colourway and values of ‘Unrivalled Fun’ and ‘Player Power’ have all been implemented to appeal to a player who wants more from their casino experiences and see blockchain technology, and the fairness and innovation it brings, as the solution.”

CasinoFair also recently launched its new wallet, powered by FunFair Technologies, which streamlines the sign-up and funding journey significantly, bringing the benefits of blockchain gaming to a mass market of players both inside and outside the creative sector.

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Blockchain

Best Blockchain Options When It Comes To Gaming

Zoltan Tundik

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Image by xresch from Pixabay
Reading Time: 3 minutes

 

In the main, most of us would be forgiven in thinking that blockchain technology was all about cryptocurrencies, and more specifically, Bitcoin. This is because, in the past few years, there has been phenomenal growth and indeed awareness of Bitcoin. This cryptocurrency, in particular, has dominated the news and markets around the world, due to its inherent benefits and profitability. Testimony to this is the widespread use of Bitcoin wallets which are being provided by Luno and other trusted operators.

However, it must be stressed that blockchain’s claim to fame is not only Bitcoin. The technology has proven to be very accommodating to almost every part of lives, and this definitely includes gaming. Now, we all know there is a huge range of gaming options out there, but one which is on the up is blockchain-based games. And while they may not hit the heights of popular titles such as Fortnite and PUBG, there’s a lot more to come from this sector. In fact, at present, there are some fantastic options for gamers who want to experience blockchain-based content right now; and we would like to bring to your attention a few of the outstanding offerings.

Age of Rust

Age of Rust sees players taken onto an adventure to the year 4424, where they can explore the universe to their heart’s content. There are ancient ruins, caves and abandoned space stations full of puzzles and secrets, making for an epic journey. Blockchain comes into play in the Age of Rust with the peer-to-peer rental system. Players can rent in-game assets when required, but only for a limited amount of time.

Spells of Genesis

Spells of Genesis see the developers of the game combine two genres in an arcade and card-based strategy. Based on blockchain technology, players must collect, trade and combine orbs, which are then used to take on opponents in the game, very much like Pokémon. As the Age of Rust, there’s a marketplace within the game, and the progression system is fantastic. It’s the card-based strategy at its blockchain best, available to play on Android and Apple-based devices.

Gods Unchained

Gods Unchained took the blockchain gaming world by storm on release, and it continues to be hugely popular today. The developers of the game believe they’ve created the first blockchain eSposrt title, and this is one of the reasons why the game has a huge player base. With Gods Unchained seeing tournaments held regularly around the world, it could well be the blockchain game to make it big as a mainstream title moving forward.

Augmentors

Augmentors see a Pokémon style adventure ensue, with fifty gods, monsters and cyborgs making up the selection. Custom characters make up a vital part of the game, and there’s an exciting marketplace where leveled up gods, cyborgs and monsters are tradable. As a blockchain-based game, it’s the buying, selling and swapping which is crucial for success in Augmentors, as players aim to rise to the top with their chosen characters. There’s a community feel to this game, and members can contribute with their bespoke artwork, as well as for upgrading and trading characters.

CryptoSpaceX

CryptoSpaceX is another blockchain-based game that takes players on a journey of exploration. While on an epic adventure, players will become embroiled in battles with other planets, where the goal is to loot stardust. There are opportunities to upgrade in-game items along the way, with the star fleet and spaceships customizable. The game will see players able to compete in epic tournaments and events, which can see them pick up some fantastic prizes along the way. Split into episodes, CryptoSpaceX aims to be a stellar offering for fans of blockchain games across a range of devices for a good while.

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