Blockchain
Spielworks unveils new features coming in Season Two of its Wombat Dungeon Master NFT game
Spielworks, a leading blockchain startup specializing in gaming and decentralized finance (DeFi) solutions, announces the gameplay features coming to its Wombat Dungeon Master game in Season Two. The second season of the play-to-earn (P2E) game will see players equip their Wombats with Items of new types, blend their duplicate NFTs to get Items of better quality, and mine materials that will help them get more Item NFTs.
Blockchain-based P2E games have exploded in popularity, with Axie Infinity, one of the leading titles in this market, generating as much as $4 billion worth’ of NFT sales. The demand for decentralized games has emerged as one of the major factors fostering the growth of the entire blockchain ecosystem. The P2E business model is expected to mature and expand its foothold in the gaming industry in 2022 as new projects step up to contest the biggest P2E games.
Spielworks launched its multi-chain Wombat Dungeon Master game as a fun and exciting NFT staking platform. In the game, players stake their NFTs into the Dungeon and send their Wombats on a treasure hunt to recover them, gaining experience (XP) and reward points in the process. After adding inventory and equipment management systems in Season One, Spielworks develops these mechanics with the following features in Season Two:
- New Item types. Players will be able to outfit their Wombats with Goggles and Amulets that will build up their mining power.
- Mining materials. Delving into the Dungeon, Wombats will not just earn XP and points, but also mine useful materials—iron, uranium, and coal.
- Wombatium. Wombatium is a special element that players can obtain in exchange for their iron, uranium, and coal, and use it to create new NFTs, such as Items and Item Packs.
- NFT blending. Players can blend several duplicate Items in their possession into a more powerful Item of a different type. The transmutation also takes some Wombatium.
Season Two begins on March 30, a week after Season One wrapped up, expanding the game’s RPG mechanics and bringing more than 10,000 active users online every day, with a total player base of more than 60,000 users. The second season will feature NFTs from partner projects such as Digital Ducks and Wax Paper Fold NFT collections as well as Acid Tea Granny P2E game. It will also give players more incentives to stake their NFTs into the platform.
“We are thrilled to see the tempo our Wombat Dungeon Master game has built up this far,” says Adrian Krion, CEO of Spielworks. “The new season expands the core mechanics we rolled out in Season One and levels up the in-game economy, giving players more ways to earn with the NFTs in their collection. We are looking forward to launching even more cool features in the coming months!”
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Blockchain
JuicyBet Launches Its Innovative GambleFi Platform
JuicyBet, a Web3 startup, announced the launch of its GambleFi platform. This platform combines finance technology and gambling via blockchain to create unique opportunities and experiences for users. The company strives to revolutionize the principles of the online betting industry and the interaction between platforms and users in this market.
What is GambleFi?
GambleFi uses blockchain technology to ensure the fairness and transparency of games and betting outcomes and for players to get their share of the platform’s earnings and participate in its governance and day-to-day by holding its tokens.
How JuicyBet works
JuicyBet fully utilizes blockchain technology to establish a new ecosystem that has never been seen in the gambling industry. It is centered around user participation and transparency while providing gambling thrills and quality entertainment.
All game records on the platform are kept in a public blockchain, while a set of smart contracts automates gaming outcomes and payouts and provides for the platform governance via the DAO model. This reduces fraud risks and operational costs, making JuicyBet a more efficient platform.
However, the platform’s main feature is the unprecedented level of user engagement via the platform’s native tokens.
- First, the tokens provide access to betting.
- Second, token holders get their share of the platform’s profit.
- Third, token holders can vote on key decisions on the platform’s development in JuicyBet DAO.
- And finally, DAO participants can also perform the role of oracles for bets and earn rewards.
In other words, JuicyBet doesn’t try to be just another gambling platform. It establishes a new ecosystem where users are in control of the platform and bets and are the beneficiaries of the platform.
In addition, JuicyBet offers additional earning opportunities, such as Double Farming and staking for token holders.
JuicyBet has already been noticed by users and investors – the platform’s 3-month turnover has exceeded $1,5 million, according to on-chain data available via Dune, and multiple centralized exchanges and launchpads have listed it.
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.
The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.
Blockchain
HIPTHER Announces Major Expansion into Fintech, Blockchain, and AI, Reinforcing Its Position as a Diverse Industry News Leader
Building on its established success in the gambling and iGaming sectors, HIPTHER Agency is excited to announce a significant expansion of its editorial focus into three dynamic industries: fintech, blockchain, and artificial intelligence. This strategic move is part of HIPTHER’s ongoing commitment to providing comprehensive, in-depth coverage across a spectrum of industries, including virtual reality, esports, and official global government releases.
Focused Expansion for a Diverse Audience
The expansion into fintech, blockchain, and AI represents HIPTHER’s dedication to staying at the forefront of technological and financial advancements. By integrating these sectors into the HIPTHER .com platform, the agency offers its audience a rich, diverse content experience, positioning itself as a one-stop destination for insights across these cutting-edge fields.
Enhanced Digital Presence and Accessibility
Complementing this expansion, HIPTHER continues to enhance its digital footprint. The agency’s Android app has already established a strong user base, and with the anticipation of an iOS app in 2024, HIPTHER is set to broaden its reach and accessibility. The agency’s social media channels are also being rebranded to reflect this expanded focus, ensuring a cohesive and comprehensive digital experience.
Unwavering Commitment to Quality and Insight
HIPTHER, known for its high-quality content in the gambling industry, extends this commitment to its new sectors. The agency’s team of experts and seasoned journalists is dedicated to delivering insightful, accurate, and timely information, catering to the needs of a diverse, global audience.
Zoltan Tundik, Co-Founder and Head of Business at HIPTHER, states, “Our expansion into fintech, blockchain, and AI is a natural progression of our mission to provide diverse, in-depth industry news. We’re excited to bring our expertise and quality content to these vibrant sectors, while continuing to serve our existing audiences with the coverage they trust.”
For more information, please visit HIPTHER.com
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