The Vatican Library has recently unveiled an innovative project aimed at expanding the use of Web3 technology. This initiative involves granting non-transferable NFTs to backers of its manuscript collections, allowing them exclusive access to high-resolution images of these priceless artefacts. Italian supporters of the Vatican Apostolic Library are currently invited to participate in this groundbreaking
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The integration of blockchain technology in mobile gaming is on the rise, as evidenced by the upcoming token launches by Telegram mini-apps Tapswap and Yescoin on The Open Network (TON). This shift is driven by the surge in popularity of clicker games on Telegram, which incentivize players with in-game rewards and the opportunity to earn
SnakeTON, a groundbreaking Web3 survival GameFi developed on the TON platform, is reshaping the gaming landscape within the Telegram app. With a staggering user base of 900 million, SnakeTON offers players a unique and immersive gaming experience like never before. By controlling snakes and engaging in various game modes, players strive to outmaneuver their opponents
The IOTA Foundation’s Web3 Identification Solution has been selected for the prestigious European Blockchain Sandbox program, marking a significant advancement in the realm of Know-Your-Customer (KYC) procedures and privacy within the Web3 space. This decision holds immense importance in triggering discussions around regulatory considerations related to KYC and privacy, especially as decentralized finance (DeFi) gains
South Korea’s retail industry has been witnessing a significant shift as major players like Lotte, Hyundai, and Shinsegae have decided to exit the non-fungible token (NFT) market. This departure comes as a response to the slowdown in the NFT industry and a redirection of resources towards core business operations. Lotte Home Shopping, a prominent e-commerce
Parallel, a groundbreaking NFT-based card game powered by Ethereum, made a splash with its recent launch on the Epic Games Store. This strategic move places Parallel in front of a massive audience of over 270 million users, including 75 million monthly active users. The team behind Parallel Studios, consisting of industry veterans from renowned companies
Gamee, a hypercasual gaming ecosystem under Animoca Brands, initially operated its games on the social app Telegram. However, the recent surge in activity within the network can be attributed to several factors. A pivotal moment took place when Polygon was hacked for $15 million in early 2024, prompting the transfer of Gamee’s GMEE token to
The recent release of Gangster Arena 2 on Blast has taken the world of idle degen gaming by storm. This unique game combines mobile idle tycoon mechanics with PVP game theory, providing players with a distinctive blend of strategic and idle gameplay. The game immerses players in the role of a mob boss, challenging them
Animoca Brands Corporation Limited and its subsidiary Bacasable Global Limited, the operators of the user-generated content platform The Sandbox, have recently announced a successful funding round of $20 million. This funding includes a valuation cap of $1 billion for the platform, solidifying Animoca’s reputation as a leader in advancing digital property rights within the open
The Arbitrum Foundation, known for its Ethereum Layer 2 scaling solution, has decided to allocate a substantial amount towards fostering growth in the gaming sector. With an approval to distribute 225 million ARB tokens, valued at approximately $215 million, over the next three years, the foundation aims to support the Gaming Catalyst Program (GCP). This
