Blockchain Gaming

Blockchain Gaming Surpasses 4.2 Million Daily Users in August

Saturday. September 14 at 8:30 AM

1 min. read

Blockchain gaming achieved a new milestone in August with 4.2 million daily active users, as reported by DappRadar. Despite ranking second in activity among crypto sectors due to the AI boom, web3 gaming experienced a 5% increase in daily unique active wallets. Ronin led the blockchain gaming landscape with 1.32 million UAW, driven by games like Pixels and Forgotten Runiverse. OpBNB followed with 688,000 UAW, growing by 50% with games like 'SERAPH: In the Darkness.' SKALE Network also saw a 10% growth, reaching 352,000 UAW with titles like motoDEX and World of Dypians. KGeN emerged as the top gaming app with 2.3 million UAW, while Immutable's BoomLand and Pixels were also popular. The report highlighted the successful beta test of Lumiterra on Ronin and the significant VC funding in the blockchain gaming sector, nearing $580 million in investments.

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Biometric Data Security and Privacy Concerns

Thursday. September 19 at 12:00 AM

Biometric verification has become a common practice in daily life, from work attendance to banking and smartphone access. Despite frequent use, many users overlook what service providers do with their biometric data. Data breaches and privacy concerns are prevalent, raising questions about ownership and future use of such data. In a podcast discussion, Sebastian Rodriguez, Privado ID's chief product officer, highlighted the risks of granting perpetual access to biometric data. Distinct from play-to-earn schemes, selling biometric data raises uncertainties about its future value and applications. Rodriguez also critiqued Worldcoin's monopoly assumption and emphasized the need for caution in handling biometric information. As biometric technology evolves, ensuring data security and privacy remains crucial. Listen to the full podcast on Cointelegraph for more insights on this topic.

Blockchain Gaming

Berachain: A Potential Competitor to Solana

Wednesday. September 18 at 11:00 PM

Berachain, a prominent topic at Token 2049 in Singapore, has the potential to emerge as a strong rival to Solana. Marketed as a high-performance layer-1 blockchain, Berachain aims to enhance security by converting liquidity using its unique proof-of-liquidity (POL) consensus mechanism. While many focus on altcoins like XRP surpassing ETH, some believe that Berachain's upcoming token (BERA) could pose a significant challenge to Ether. Framework Ventures' co-founder, Vance Spencer, sees BERA as a potential major competitor to Ether. Solana has experienced a downtrend in price for over five months, raising concerns of further decline against Bitcoin. Despite this, the industry anticipates the launch of Berachain's mainnet by the end of 2024. The introduction of Bera token, currently on testnet, will play a crucial role in the network's operations. Spencer highlights Berachain's economic alignment and POL consensus mechanism as key factors that could attract attention to the token. While some remain cautious due to recent market trends, others like Michaël van de Poppe foresee a positive rally for cryptocurrencies and commodities.

Blockchain Gaming

The Importance of Integrating Blockchain with Artificial Intelligence

Wednesday. September 18 at 10:00 PM

During an interview with Cointelegraph at Token2049, Michael Heinrich, the CEO of 0G Labs, emphasized the risks associated with artificial intelligence when not combined with blockchain technology. Heinrich expressed concerns about the reliance on centralized AI systems and advocated for decentralized governance to prevent potential misuse in critical societal areas. He highlighted blockchain's capability to enhance transparency and accountability in AI systems, enabling independent verification of their actions. This transparency could prevent unchecked decisions in logistics and other automated sectors. Heinrich also warned about the dangers of centralized AI systems evolving into self-governing entities without the governance provided by blockchain. 0G Labs recently secured $35 million in funding to develop an onchain AI solution, with a focus on building a full-stack blockchain AI platform. Heinrich emphasized the importance of blockchain in creating abundance within the system. The integration of blockchain with AI is crucial for ensuring responsible and transparent decision-making processes.

Blockchain Gaming

Investment Firm Borderless Capital Launches $100M Fund for DePIN Projects

Wednesday. September 18 at 9:00 PM

Investment firm Borderless Capital has introduced its third fund dedicated to decentralized physical infrastructure networks (DePIN). The venture firm recently unveiled a $100 million fund to support blockchain-based projects focused on developing and managing physical infrastructure globally. Since 2021, the firm has been investing in the sector, supporting initiatives like Helium, Render Network, and GEODNET. Led by Álvaro Gracia and Helium co-founder Sean Carey, the new fund has garnered backing from various entities, including the Solana Foundation and Jump Crypto. DePIN systems leverage blockchain technology to create and sustain physical infrastructure, enabling individuals and smaller entities to contribute resources and receive tokens in return. Projects like Helium and Filecoin exemplify decentralized infrastructure delivery, offering services for IoT devices and data storage. The rise of DePIN protocols has attracted attention from layer-1 blockchains like Solana, which is enhancing its network infrastructure to support DePIN applications.

Blockchain Gaming