Blockchain
10 Games Join Qudo, A Proof-of-Gameplay Reward Mechanism and Cryptocurrency Powered by the Telos Blockchain
![10 Games Join Qudo, A Proof-of-Gameplay Reward Mechanism and Cryptocurrency Powered by the Telos Blockchain](https://europeangaming.eu/portal/wp-content/uploads/2021/03/qudo.jpg)
Qudo helps developers improve their games while rewarding players in cryptocurrency, with no blockchain experience necessary
QUDO, a proof-of-gameplay reward mechanism and cryptocurrency for the gaming industry, today announced 10 games have joined its platform. Qudo helps developers grow their audiences and improve their games by rewarding players in cryptocurrency for their time, scores, and other achievements, all with no blockchain experience necessary.
Qudo is powered by Telos, the second most active blockchain platform in the world. Telos has achieved significant traction in the gaming sector for its high-capacity network and advanced governance features. Qudo opted to build its reward mechanism on Telos because of the networkâs speed, low fees, and community support.
âAt Qudo, we strongly believe that people shouldnât have to understand blockchain technology to start experiencing its benefits, especially when it comes to gaming,â said JoĂŁo Abrantes, Co-Founder and Managing Director of Block Bastards, the company behind Qudo. âWith the help of Telos, weâve made it easy for gamers to register on Qudo and create a wallet without any background knowledge of crypto. Weâre converting everyday players and game developers into blockchain users with an easy-to-use, rewards-driven platform. We’ve noticed significant growing interest in Qudo from both games and players, which reinforces our confidence that we’re going in the right direction.â
Qudo is compatible with any game using the Unity engine, and offers an SDK that makes it easy for developers to seamlessly onboard their games and customize their rewards. Developers can also purchase services with cryptocurrency directly through the Qudo marketplace, such as 3D artwork, modeling, animation, sound engineering, voiceovers and programming. Qudoâs rewards mechanism will also allow game developers to monetize without intrusive ads, and to improve their games by offering rewards for spotting bugs, which provides valuable real-time feedback.
A community of more than 1,000 players have already joined Qudo, earning crypto-based rewards for time spent playing, reaching new high scores, and other achievements offered by individual games. Players benefit from never having to transact with PayPal or credit cards, thus avoiding high fees and fraudulent activities.
âQudo has been a great partner for Telos in demonstrating the networkâs ability to meet the needs of any developer, including in the gaming sector,â said Douglas Horn, Telos Chief Architect. âBy giving game developers easy access to Telos-based blockchain features from the Unity development environment, Qudo makes it possible for tens of thousands of games worldwide to quickly add crypto features, expanding the usership for Qudo.â
The games now live or coming soon to Qudo include CubiX Fragment, Blox, V8ORS – Flying Rat, FreeBoom, Wizard Rob, Cloud Runner, Versus, AceOfSpace, Time Hardly Waits, SEEDINA, Operation:BoomSlang!, and MoneyLords. Each game is available on mobile, and Qudo plans to expand support for PC games in the near future. Qudoâs Alpha version is operating on the Telos testnet, with plans to launch its mainnet version in Q2 2021.
Blockchain
MultiversX Unveils Breakthrough In Blockchain Sharding; Enables Hyper-Scalability and Interoperability For Top Network
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/MultiversX-Unveils-Breakthrough-In-Blockchain-Sharding-Enables-Hyper-Scala_20240610_143935_0000.png)
MultiversX (EGLD), leading smart contract platform known for sharding, has announced the launch of Sovereign Chains, its breakthrough Blockchain-as-a-Service solution for the Web3 ecosystem. The new solution for layer 2s (L2s) inherits and extends further the outstanding capabilities provided by MultiversX, and offers developers a simplified setup process that only takes a few commands.
Beyond industry-leading performance and extended configurability, it also unlocks for the first time seamless interoperability for L2s built atop leading blockchains such as Bitcoin, Ethereum and Solana, solving the issues around fragmentation and isolation. To encourage development on the new Sovereign Chains infrastructure SDK, MultiversX has additionally announced a US$1 million grant program for builders.
In a live demo of the platformâs capabilities, the first Sovereign Chain ever deployed reached a constant throughput of over 70,000 transactions per second. To put this in perspective, existing L2 solutions shifting to Sovereign Chains will be able to see their throughput increase up to 100X. Sovereign Chains make all these leaps in terms of hyper-scalability and interoperability possible with the unique cross-shard module MultiversX operates on, modified and improved for native cross-chain operations, as well as a new consensus mechanism, new execution models and significant VM improvements.
Speaking on the successful rollout of Sovereign Chains, Beniamin Mincu, Co-Founder and CEO of MultiversX, said, âThe Web3 world is encumbered by fragmentation and siloed ecosystems that limit interoperability and suffer from scalability issues. Through Sovereign Chains, we have taken the core capabilities of the MultiversX network – scalability, usability and security – and extended them to create the first truly unified Web3 ecosystem in a developer-friendly interface.â
Developers can leverage the powerful Sovereign Chainsâ stack to create customized private or public blockchains, with a maximum degree of flexibility. They have the possibility to set, for example, gas fees in the token of their choice and build using any virtual machine, including EVM and the MultiversX VM, to suit their needs. Sovereign Chains can communicate natively with each other without external bridges and their associated risks & complexity, thus being ideal for intuitive and secure solutions for diverse sectors, such as healthcare, education, government services, financial systems or supply chain management.
As one of the most robust blockchain architectures globally, MultiversX boasts an ecosystem of 8200 dApps, with a close-knit community of developers & users spanning 40 countries.
One such developer, Alex Jilavu, Co-Founder and Lead Developer at OneFinity Chain, expressed confidence in the potential of Sovereign Chains to streamline both the development process and adoption, adding, âAs a builder, the task of building a project from the ground up is extremely demanding. Sovereign Chains provide the foundational strengths of MultiversX, giving us the room to focus on developing whatâs important for our product.â
OneFinity is working on an EVM-compatible platform, looking to open the Sovereign Chains ecosystem to Ethereum users and developers. It joins other companies such as CyberNetwork (GameFi), and Pi Squared (ZK Tech), leveraging MultiversXâs network sharding technology.
In addition to enhancing performance across blockchain networks, Sovereign Chains further inherits MultiversXâs on-chain 2FA capabilities, offering one of the most powerful security layers for users in all of Web3.
Blockchain
Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto
![](https://europeangaming.eu/portal/wp-content/uploads/2024/05/9-2.jpg)
A brand-new online lottery portal built on blockchain technology is shaking things up in the world of chance. Metalottery, the first-ever decentralised blockchain lottery platform, officially launched, introducing a new era of transparent, thrilling and rewarding lottery gaming. By combining cutting-edge blockchain technology with the excitement of lotteries, Metalottery offers players unprecedented fairness, security and the potential to win life-changing prizes.
âMetalottery is not just another lottery; itâs a paradigm shift. Weâre giving power back to the players by offering a transparent, secure, and exciting lottery experience thatâs built for the web3 age,â Dioni Bouropoulos, COO of Poollotto Finance, said.
Unlike traditional lotteries, Metalottery uses Chainlinkâs Verifiable Random Function (VRF) to ensure provably fair and unbiased results for every draw. And with new lottery rounds starting every 8 hours, players can enjoy the thrill of winning more often than ever before.
At the heart of Metalottery is the PLT token, the fuel of the platformâs ecosystem that players can use to purchase tickets. Metalottery makes purchasing Pool Lottery Token (PLT) available and straightforward on their website. Players can also spin the âWheel of Fortuneâ for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.
Bouropoulos added: âOur platform is designed to be inclusive and accessible to a global audience. By combining innovative technology with a user-friendly interface, we empower players to take control of their lottery journey. We are charging no fees for participation and all proceeds from tickets go towards the jackpot. Our goal is to build the biggest lottery community in the world.â
Blockchain
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
![](https://europeangaming.eu/portal/wp-content/uploads/2024/04/20-1.jpg)
Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.
This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.
Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”
This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.
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