PLANET MOJO ANNOUNCED MOJO BOWL TOURNAMENT
As a reward, each participant will receive an NFT from the Golden Mojo Limited Edition and will compete for a $5000 prize pool. They also promise in-game PFPs and badges, places for the future mint.
The Mojo Bowl will be held on the weekend of February 11-12 in association with Community Gaming.
256 players by invites will be able to take part. How to get an invite and details of Mojo Melee gameplay read in the article.
IS THERE LIFE ON KLAYTN?
A new game AVATARA from the Korean game development studio NX3GAMES has appeared on the Klaytn network.
Klaytn is a blockchain from the South Korean messenger KakaoTalk that provides a high throughput of 4000 transactions per second (TPS), according to the developers they have a rather low average latency of 2,1 seconds.
AVATARA is a P2E action MMORPG powered by the Klaytn blockchain. Players can join guilds, take part in battles for rewards with in-game currency and various in-game items.
3 FRESH SID ROUNDS IN WEB3
Web3 platform Intella X closed the seed round for $12 million. Polygon, Animoca Brands, Magic Eden and others took part in the round.
Rainmaker Games has announced a $4,7 million closed seed round. Crypto gaming market monitoring platform. Placeholder and Hivemind Capital were in the lead, Shima Capital, Peer Ventures, Coinfund and others took part.
Sortium managed to raise a seed round for $7,8 million, but planned $14 million. Arca hedge fund became the only investor. Sortium combines AI and Web3 to create crypto games.
SALE SPRING FESTIVAL MYSTERY BOX IN BIG TIME
Big Time announced the sale Spring Festival Mystery Box. At the festival, there is an opportunity to get two NFT utilities with the same chance of dropping the NFT of the forge, armory and Time Keeper. 7388 boxes out of 8250 were put up for sale.
⏰ Date: 20/01/23 at 8:00 AM (PST)
🎁Quantity: 7388 out of 8250.
💵 Price: $39.99.
Drop chances:
Uncommons: 50%;
Rare: 35%;
Epic: 10%;
Legendary: 4%;
Mythic: 1%.
Recall that in the Holiday Mystery Box sale there was only a 10% chance to get the NFT of the Keeper of Time, while in the Spring Festival Mystery Box the drop rate increased to 33,3%.
Big Time is an MMORPG on the Ethereum blockchain in which you and your friends go on a journey through time and space. Explore ancient mysteries and civilizations as you fight your way through history. Collect rare and legendary NFT items to decorate your avatar and personal time machine.
SALE GUILD OF GUARDIANS
The most eSports tier-1 game project Guild of guardians announced the sale of eight legendary heroes, each of which was created in collaboration with the teams NAVI, Cloud9, Fnatic, NRG, Ninjas in Pajamas, SK Gaming, Team Liquid and T1, which are project partners.
The sale will take place on the Immutable marketplace (https://market.immutable.com/).
⏰ For whitelist: 18.02.2023 at 10:00 (AEDT)
⏰ Public: 19.02.2023 at 10:00 (AEDT)
Price: $99 in ETH.
Quantity: 16000
Guild of guardians is a fantasy MMORPG in which the player controls a team of heroes. The project is focused on eSports and guilds. Ethereum blockchain using layer-2 solution from Immutable X, designed specifically for NFT. The studio Stepico is responsible for the production. Publisher: Immutable.
PARCEL REAL ESTATE ANNUAL REPORT 2022 IN METAVERS
Key findings:
VRE (virtual real estate) NFT sales top $1,4bn in 2022 vs. $0,5bn in 2021: up 180%
The lands of Otherside (Yuga Labs) accounted for 75% of VRE sales in 2022.
A plot of virtual land in Otherside sold for a record 333 ETH.
VRE (virtual real estate) was one of the top-performing NFT categories in 2022 – correlated with NFT blue chips.
Parcel's VRE price index is -63% in 2022 but +78% over the past two years; while ETH is -53% in 2022 and -5% in the last two years. VRE has shown better results for saving capital in crypto.
The number of virtual worlds on the Ethereum blockchain with a market capitalization of over $1M quadrupled in 4 from 2022 to 5.
Most landowners either own land for less than 7 days or more than 6 months.
Rare lands retain more value than basic lands during market downturns.
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1.All accounts of the famous NFT blogger “NFT GOD” were hacked. All cryptocurrencies and NFTs were stolen and a phishing mailing was made to his subscribers.
2. The Central Bank of India seeks a complete ban on cryptocurrencies.
The Reserve Bank of India (RBI) opposed the legalization of the cryptocurrency market. He believes that the term "cryptocurrencies" is very vague, and digital money itself is similar to gambling. The regulator will seek a complete ban on cryptocurrency trading in its country.
The head of the central bank explained that the spread of cryptocurrencies threatens that the RBI will completely lose control over the amount of money in the economy.
The official argues that 20% of transactions in India are already made in cryptocurrencies. These transactions are not controlled or regulated by the central bank.
3.Thailand will launch virtual banks in 2025.
The Financial Regulator of Thailand has published a press release regarding the licensing of virtual banks.
The first details and nuances of regulation in this area will be known this year, and such institutions will begin full-fledged work in 2025.
The Central Bank took this step in order to stimulate competition in the financial sector and economic growth.
4.Nexo will sue the Cayman Islands regulator.
Crypto lending service Nexo has filed a lawsuit against the Cayman Islands Monetary Authority (CIMA). Their claims relate to the reluctance of the authorities to issue a license to work.
The regulator himself argued this by the fact that the company's business model does not "hold out" to the required risk profile.
5. The EU has postponed voting on crypto laws until April.
The European Parliament postponed the vote on the new MiCA crypto legislation until April for the third time. Initially, the meeting was to take place at the end of December.
The reason lies in the technical difficulties. The draft text covers 400 pages and needs to be translated into the languages of all EU member states.
6. Japan has proposed equalizing crypto companies with the banking sector.
The Japanese regulator believes that the same approach should be applied to crypto companies as to traditional banks. This statement was made by the Deputy Director of the Financial Services Agency (FSA) Mamoru Yanase.
The official believes that this market needs the same rules and guarantees as typical financial institutions. He urged global regulators to think about such an idea.
7.Silvergate Reported a $1 Billion Loss
California-based crypto bank Silvergate has released a year-end report. It reported on the company's recorded losses of $949 million. At the same time, in 2021, Silvergate received a net profit of $75,5 million.
The company's shares fell 2,9% on the news. Over the past 12 months, they have lost almost 90% of their value.
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