Blockchain
Skale and Cryptopia Collaborate
Making free-to-play-and-earn a reality for gamers
With great excitement, we are pleased to announce our partnership with Skale, a zero-gas fee EVM blockchain. As a pioneering free-to-play-and-earn game that embodies the spirit of a new era in gaming, this alliance is set to transform the gaming landscape by empowering players to combine fun and earning opportunities without the constraints of excessive fees or financial barriers.
We are living in exciting times. Gradually, we are entering an era where games are not only for fun but also offer a seamless play-to-earn model. This era is set to change how we think about blockchain games.
Why is this important?
Like every other industry, the play-to-earn (P2E) gaming world is undergoing a remarkable transformation. Weâre witnessing the rise of an era where on-chain gaming isnât just a form of entertainment but also a source of income without causing stress to players.
In this ever-evolving landscape, Cryptopia doesnât just emerge as a game but as a pioneer of this new free-to-play-and-earn era. It represents a gateway that allows players to dive into a world where enjoyment and earning are not just parallel but intertwined paths.
However, realizing the vision of a game thatâs both free to play and rewarding to engage with presents its unique challenges. The most significant of these is cost; the hidden fees and expenses that often limit a playerâs earnings and enthusiasm. This is where Skale becomes not just relevant but revolutionary.
How does Skale come in?
By integrating Skaleâs zero gas fee EVM technology, weâre dismantling the financial barriers that will hinder the full potential of Cryptopiaâs play-to-earn model. This technology is a literal game-changer. It paves the way for a gaming experience where the focus shifts back to whatâs important: the joy of playing and the thrill of earning. Weâve made free-to-play-and-earn easy.
This partnership with Skale is more than just about technology integration; itâs a bold statement. It declares that Skale is out to reshape the gaming experience, to make it more inclusive, more rewarding and more thrilling than ever before. Itâs our commitment to the players; to provide a platform where their passion for gaming aligns with tangible rewards, without the burden of hidden costs. We envision a future where the boundaries between playing for fun and playing for profit blur, creating a compelling and empowering gaming experience.
What this means to Cryptopia
Skaleâs innovative Layer-2 scaling solution will bring a multitude of benefits to Cryptopia, enabling it to fully realize its potential as a leading P2E game:
- Reduced transaction costs: Skaleâs zero gas fee EVM blockchain significantly reduces transaction costs. For a free-to-play-and-earn game like Cryptopia, this is crucial, as it makes the game more accessible and appealing to a broader audience by removing financial barriers.
- Multichain expansion and interoperability:Â By integrating with Skale, Cryptopia advances towards its goal of becoming a multichain platform. This not only enhances the gameâs interoperability across various blockchain networks but will also broaden Cryptopiaâs appeal to a larger audience.
- Enhanced scalability: Skaleâs highly scalable network is designed to handle a large volume of transactions and user interactions, ensuring that Cryptopia can grow without facing performance bottlenecks. This will provide a smooth and uninterrupted gaming experience for all players, even as the gameâs popularity expands.
- Increased security and reliability: By leveraging Skaleâs secure and decentralized infrastructure, Cryptopia can provide a safe and reliable gaming environment for its users. This is crucial for building trust, especially when in-game assets and player progress are involved. Skaleâs robust security measures will protect playersâ assets and ensure the integrity of the gameâs ecosystem.
Blockchain
MultiversX Unveils Breakthrough In Blockchain Sharding; Enables Hyper-Scalability and Interoperability For Top Network
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
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
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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