US Olympic Luge Team Welcomes Bitcoin Donations 162

As Olympians in Pyeongchang, Korea perform to huge audiences in the popular events of skying, snowboarding and hockey. Less popular US lugers have turned to Bitcoin to fuel their sleds.

Bitcoin funds US luge team

The USA Luge Foundation began campaigning for donations of Bitcoin using Medium since December of 2017. The team is the first Olympic group to set up its own Bitcoin wallet to accept donations.

USA luge marketing director and former double silver medalists Gary Sheer said that matching Bitcoin to the US luge endowment fund is a natural fit;

“You know, we hear a lot of jokes about lugers being crazy, and people don’t know why we do it. But luge is something that gets into your blood and transforms your life and the Bitcoiners we’ve met know exactly what it’s like to be all in on something that the world doesn’t appreciate yet. We’ve looked at Bitcoin hard, and it is definitely a risk-reward we understand and are eager to take.”

Although no Olympic team is allowed to have any type of advertising on their uniforms or equipment during the games the team has promised to promote the cryptocurrency in up and coming competitions.

The team has laid out a rewards schedule depending on how much Bitcoin they raise in the future.

  • 5 BTC – Bitcoin’s logo will appear on team hats and memorabilia hats.
  • 10 BTC – Above, including Bitcoin logo sewn onto all luge team outerwear for the
  • 2018 season (excluding the Winter Olympics).
  • 25 BTC – All of the above, including Bitcoin logo of sleds for the next two seasons.
  • 50 BTC – All of the above, with Bitcoin logo on sleds for next four seasons.
  • 100 BTC – All the above including Bitcoin logo on team skin suits for four years (excluding Olympics).

For 21 million the team promised to find ‘Satoshi and get him on a sled’ – 21 million is the finite number of Bitcoins.

Cash only at Olympic Village

Being that South Korea is a major hub of cryptocurrency trading and the Olympics an international event one would expect vendors and facilities to accept Bitcoin and other cryptocurrencies during the events.

That is not the case though. According to Forbes there is only one place to spend your Bitcoin, a single ski rental shop at the Olympic Village. Many were expecting vendors to take up the platform Coinduck which allows payment in Etheruem and then pays the local vendor in Korean Won. The lack of cryptocurrency at the games could be a reflection of the countries current conflicted views on regulating cryptocurrency markets.

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Circle Internet Financial: Euro Coin (EUROC) is coming on June 30th 2923

Circle Internet Financial, a global internet finance firm and issuer of USD Coin (USDC), today announced that it is preparing to issue a fully-reserved, euro-pegged stablecoin from the United States called Euro Coin (EUROC). Available June 30, Euro Coin is a regulated, euro-backed stablecoin issued under the same full-reserve model and built on the same pillars of trust, transparency, and security that have made USDC one of the world’s most trusted digital currencies.

The launch of Euro Coin aims to further Circle’s successful work in driving the frictionless exchange of financial value and bridging crypto-native and traditional financial services. Businesses can use EUROC tokens to easily move euro liquidity on-chain, accept and make euro payments globally that can settle in minutes, and access crypto capital markets for trading, borrowing, lending and more. Euro Coin is fully-backed by euro-denominated reserves held conservatively in the custody of leading financial institutions within the U.S. regulatory perimeter, beginning with Silvergate Bank.

“Circle has set industry-leading standards for moving financial value across the internet with USDC,” said Jeremy Allaire, co-founder and CEO of Circle. “There is clear market demand for a digital currency denominated in euros, the world’s second most traded currency after the U.S. dollar. With USDC and Euro Coin, Circle is helping to unlock a new era of fast, inexpensive, secure and interoperable value exchange worldwide.”

Euro Coin is Circle’s second digital currency built to the same regulatory standards and principles of transparency, accountability and trust as USDC, a leading dollar digital currency with over $54 billion in circulation as of June 15, 2022. Together, Euro Coin and USDC aim to bring faster, inexpensive transactions to global commerce and unlock new opportunities for multi-currency digital finance and on-chain foreign exchange (FX), where daily volume in traditional markets can top $6.6 trillion globally.

Euro Coin will initially launch on the Ethereum blockchain starting on June 30, with support for additional blockchains expected later this year. As an Ethereum ERC-20 standard token, Euro Coin will work broadly with ERC-20 compatible wallets, protocols and other blockchain services.

A number of ecosystem leaders will support Euro Coin at launch, including Anchorage Digital, Binance.US, Bitstamp, Compound, Curve, CYBAVO, DFX, Fireblocks, FTX, Huobi Global, Ledger, MetaMask Institutional, and Uniswap Protocol.

Euro Coin will be available to institutional customers via a free Circle Account starting June 30, 2022. Developers can begin integrating with the Euro Coin smart contract today, ahead of the official launch.

About Circle

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies powering always-on internet-native commerce and payments. Circle’s transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through the frictionless exchange of financial value. Additionally, Circle operates SeedInvest, a leading startup fundraising platform in the U.S. Learn more at https://circle.com.

XOXO Is Flipping the Script and Announcing a Genesis Collection Auction 2837

Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the “XOXO Love stories”. 101 Exclusive non-perfect couples, that were handpicked by the Devirs, with a one-of-a-kind background love story. Each piece has a special narrative written individually by Maya and Yehuda themselves.

All of the 101 NFT holders will receive a physical book with all 101 Love Stories from the collection, signed by Yehuda and Maya according to the purchased NFT’s story number. An extra airdrop of 1 XOXO NFT from the main collection and additional unique perks will be revealed by Maya & Yehuda in a private online meeting soon.

The decision to split the main collection into two stages with different types of sale options was a bold one for the highly expected project, one that came after plenty of feedback from both the XOXO community and social media.

The Devirs assured their fans that these steps were taken after listening to the XOXO community and its members, implementing their voices into the shaping process of this venture.

And all this, while being announced as speakers at ART Basel 2022 and appearing at the NFT.NYC conference – another exciting news and essential step in the bonding process of the Devirs and their beloved XOXO community.

It’s a marathon effort when it comes to perfecting the XOXO universe as it aims to offer a wide variety of utilities, hold a high level of art – as the Devirs presented throughout their astounding career – and have an achievable roadmap, with enough realistic goals to fulfill.

The Dutch auction of the coveted 101 XOXO Love stories, will occur on June 16th, 9:00 AM EST on the https://xoxonft.io/ Official Website.

As lifelong artists, Maya and Yehuda are always eager to create and innovate, and the XOXO project is a wild adventure they’ve decided to dedicate the majority of their efforts to, in order to deliver their fans the ultimate futuristic exclusive experience.

It’s the Devirs’ natural evolution in the art world, from past to future, containing within it the real secret to the persistent genius behind their art and work: their relationship. And the stronger their love gets, the more beautiful the results are in accordance.

So don’t wait for the FOMO to take over and make sure you’re all set for June 16th, because before you notice, XOXO’s Love Stories collection will be swept away by others.

For more information: https://linktr.ee/xoxonft

OpiPets: The Rise of Blockchain in Formula 1 2928

Formula One is one of the greatest sports in the world and brings about the best automobile teams which compete for the title yearly. From the racing tracks in Spa to the roads of Monte Carlo in Monaco, Formula One has developed into a billion-dollar industry with teams and drivers boasting a cult following globally.

The relationship between Formula One and the blockchain industry has grown in recent years. In part due to the growing adoption of crypto and blockchain technology. Crypto.com made a significant splash when it was announced as a Global Partner of Formula One in 2021. They are not alone. Binance, FTX, Velas, Bybit, Tezos and memecoin project Floki have established partnerships within Formula 1.

The familiarity between Forumla 1 and blockchain companies demonstrates the acceleration of consumer adoption of blockchain and crypto related products and services. Where Shell, Hewlett Packard and Coke once stood, cryptocurrency exchanges, harware wallets and blockchain protocols now lead the way. The success of new concepts like NFTs has also inspired Formula One teams looking to increase consumer engagement through limited card collections that provide exclusive content and access for fans worldwide.

Opis Group and OpiPets took part in the Monaco NFT and Swim week conference which took place during the Grand Prix weekend. As one of the oldest and most prestigious dates on the F1 calendar Monaco played home for a hive of blockchain related activity.

OpiPets, a Free Play-to-Earn project and sister company Opis Cloud showcased their use cases and product development with other successful projects and tech investors.

Building an innovative P2E ecosystem

Although Play-to-Earn has attracted over a million users within its first two years, majorly due to its promise to reward players with crypto and NFT ownership, it is still faced with an uphill climb in terms of broader mainstream adoption.

The start-up costs for new players are a major barrier to the widespread adoption of P2E games. Participants must spend up to a thousand dollars to begin. Many people cannot afford to test it and often regard it as a risky investment. Many players are still dissatisfied after attempting to recover their initial investment.

Contrary to the original idea, many so-called P2E games have transitioned into Pay-to-Earn. This is due to their unsustainable tokenomics which invariably makes them abandon their original ideals.

OpiPets is one of the few projects that distinguishes itself from the popular model. It’s a free P2E online game in which players are rewarded with cryptocurrency and the ability to create, battle, obtain, and trade their own NFT OpiPet characters.

OpiPets uses the P2E concept and focuses on giving the community actual ownership of assets produced and digital economies and new ways to generate income.

More developments on the horizon

The OpiPets team has continued to work tirelessly to significantly reduce the adoption barriers that limit the popularity of blockchain games. It also plans to launch its game in Q3 2022. The game is expected to include exciting features and products for users to explore its ecosystem and acquire new assets.

Animoca Brands and Quidd launch mintables NFTs, debuting with Atari Collection 3147

Mintables

New York, 14 June 2022: Animoca Brands, the company advancing digital property rights for gaming and the metaverse, and its subsidiary Quidd, the original digital collectibles and NFT marketplace and studio, today announced the launch of Quidd Mintables, a feature that enables Quidd users to mint supported digital collectibles in the Quidd app into NFTs on blockchain. The first collection launched with this feature is Quidd X Atari Mintables Collection.

With Quidd Mintables, Quidd allows collectors to choose if they want to convert their digital collectible into an NFT on an eligible chain of their choosing. Quidd Mintables ensures three core benefits for digital collectors:

  1. Permanence — the ability to own a collectible forever
  2. Proof of Ownership — the ability to prove ownership of your digital collectible
  3. Agency — the freedom and ability to do what you want with your collectible

Why Mint a Digital Collectible as an NFT?

Quidd collectors are true fans of the numerous IP available in our marketplace. Now for the first time, if they wish to take those collectibles on chain as an NFT and in their non-custodial wallet, they can choose to do so with Mintables. Digital collectibles, whether they are traded or sold, all come with a digital serial code that makes every card unique. With Quidd Mintables, each card still comes with a digital serial code, but if you choose to convert it into an NFT, its digital serial code will be stored on the blockchain and connected to your digital wallet. This ensures that you are the sole digital owner of your (now) NFT collectible, which also keeps a record of each transaction. Your NFT now gives you immutable proof of ownership.

Quidd X Atari Mintable Collection

For this very special launch of Atari Mintables, Quidd has partnered with GAMEE, the play-and-earn casual mobile gaming subsidiary of Animoca Brands, to conduct a week-long takeover of Arc8, GAMEE’s play-and-earn mobile gaming platform.

The Quidd Week on Arc8 will consist of Quidd sponsored tournaments inside the Arc8 app. For Atari NFT owners, there will be an exclusive tournament in one game where players will compete for a big prize pool of QUIDD tokens. Of those players participating in the Atari NFT tournament, the top 100 will be eligible to mint an exclusive Atari/Quidd G-Bot starter NFT (only 100 in existence). The date and more details about the takeover will be announced in the end of June.

Overview of Quidd Mintables

  • Multiple Blockchains — Users can mint a digital collectible on Ethereum now. BNB Chain, Polygon, and other blockchains will be added next. 
  • Audited Smart Contracts —All of Quidd’s minting contracts have been audited and meet the top security industry standards. 
  • Un-Minting — With true ownership comes the choice of taking an NFT off-chain as you feel. Quidd provides that option at your fingertips, so if you no longer want your digital collectible to be an NFT, it will be burned, with your item now solely a digital collectible within the Quidd ecosystem.

Note: All the details and points tied to a digital collectible will stay in a user’s account unless they sell it as an NFT on OpenSea.

About Quidd

Quidd, a subsidiary of Animoca Brands, is the original digital collectibles and NFT marketplace. For over five years, Quidd has worked with the world’s most prominent brands, including Disney, HBO, Funko, and over 300 others, in bringing fan-first collecting to digital and blockchain platforms. The Quidd marketplace is the most innovative, robust, and accessible platform for digital and NFT collecting experiences.

Website | Twitter (QUIDD Token) | Twitter (Quidd Platform) | Discord | Telegram | Medium

About GAMEE

GAMEE, a subsidiary of Animoca Brands, is a high-engagement, play-and-earn mobile gaming platform that rewards players for skill and effort. GAMEE’s products Arc8 and G-Bots are at the new frontier of casual mobile gaming in the metaverse, powered by the GMEE token, the utility token that enables purchase, utility, reward, and action. GAMEE was founded in 2015 in the Czech Republic. It has over 40 million registered users and has served over 5.3 billion gameplay sessions. Find out more on http://www.gamee.com or get updates by following @GAMEEtoken on Twitter.

About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, Eden Games, Darewise Entertainment, and Notre Game. Animoca Brands has a growing portfolio of more than 340 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook.

AuroraFS DApps Development Capabilities to Be Enhanced 3111

Recent news reveals that AuroraFS has progressed in its vision and direction concerning the development of the next generation of DApps which will be deployed on the decentralized P2P cloud storage and distribution network. AuroraFS announced intentions to begin building DApps which will run on the content storage and streaming network, in addition to Web3Tube.

Web3Tube is the decentralized video storage and sharing application which has been in full test mode for over a month now. Web3Tube was the first decentralized application to display the power and ability of the decentralized cloud network known as AuroraFS. Now, with the expansion into development of more DApps, the search for DApps developers is on.

What do the New Development Plans Look Like?

The development of the next generation of DApps has triggered a search for Decentralized Application Developers to bring talent to AuroraFS in order to deliver just that. In order for the AuroraFS blockchain network to begin generating future DApps that will run on and demonstrate the power and expansiveness from the peer-provided global data resource pool, it will require fresh ideas and talent, so the network set out to find both.

The ideas are not only coming from contributors and advisors to the network, but also the AuroraFS network community has been asked to weigh-in and submit ideas for the next wave of DApps to be developed. It certainly presents as a sensible move since the community would be expected to have an instrumental part in operating those DApps on the front end. The community has been asked to play an intricate role in the development of the network in this way, as AuroraFS demonstrates by action, an evidential degree of trust in the opinions and views of its community, Web3Tube video creators, network users, AuroraFS and Web3Tube contest and campaign winners and airdropped AUFS token holders.

“We were excited to get feedback from the AuroraFS community. They’re using the network actively on Web3Tube and involved in all of the contests and upgrades that have been made to the decentralized network, so it is certainly a good idea to consider their valuable feedback for the next phase of AuroraFS DApps.” – Warwick Powell, Gauss Aurora Lab Design and Research Leader

DApps on AuroraFS up Until Now

Until now, the focus has almost exclusively been on Web3Tube, the initial DApp developed to demonstrate the vast capabilities of the AuroraFS decentralized content network. It took a great deal of time, while Web3Tube was in its conceptualization stage as AuroraFS was still deep in its development phase, just beyond theory and hypothesizing. Since that time, a downloadable version of Web3Tube went live and has been available since March, when future airdrop campaigns began.

Web3Tube is comparable to a platform such as YouTube, but innovative in that it is fully decentralized. To accomplish this, Web3Tube depends on the fully decentralized, yet fully secured AuroraFS innovation which combines state of the art technologies to create data efficiency advanced enough to deliver HD quality in a fully decentralized and secured environment. To pull this off and still maintain anonymity and integrity simultaneously, has in fact been an achievement thus far for AuroraFS, which motivates the decision and drive for the development of more DApps in this season.

Final Mentions and Next Steps for AuroraFS

With development plans for the next phase of DApps certain, AuroraFS moves closer to its expected token and mainnet launch in Q3 of this year. The exact date in Q3 has not been determined, as improvements in a strive for the utmost quality, are still regularly being made to the network and the Web3Tube application alike.

The final round of the third official future airdrop contests and campaigns also recently ended, and the Gauss Aurora Labs team of AuroraFS contributors, have made multiple appearances in blockchain and tech events. Members of the team were present at Blockchain Week in Australia at the end of March, and also FinTech21 which was held in Melbourne on May 18th and 19th. So then exposure has been a focus as the Gauss Aurora Labs team looks to educate individuals about the new blockchain development still not fully released.

Mummy.io Hopes To Reinvigorate The P2E Industry Via Unreal Engine 5 And Reward-Based Gameplay 3650

Mummy

As the crypto and blockchain industry continues to develop, there is certainly no shortage of P2E games, and for good reason. After all, with record-setting inflation and massive unemployment rates throughout the world, it would make perfect sense that an increasing number of people are actively seeking new, innovative and reliable ways of earning money. In fact, the P2E sector has been so successful that many have begun depending on it as their main source of income.

To that end, there is a brand new P2E game that should be on everyone’s radar, Mummy.io. This is an MMO RPG built on BSC (Binance Smart Chain) and Polygon which utilizes the extremely powerful Unreal Engine 5 technology in order to deliver mind blowingly realistic graphics and the ability to earn money while enjoying the game.

What is Mummy.io?

Mummy.io is a cutting-edge MMO game which brings long-forgotten myths from the ancient Egyptian civilization to life. In a nutshell, the game presents fast-action combat mechanics set in the abundant world of ancient Egypt, a realm torn between order and chaos whose fate rests in the hands of the Gods. Mummy.io was created using Unreal Engine 5, with the goal of delivering a high-fidelity product which gamers can play without paying anything and be able to earn money at the same time.

Additionally, the players will be given true ownership of the in-game assets which will take the form of non-fungible tokens. The overall objective of Mummy.io is to present a game which features the best visuals, a complex and viable in-game economy, and, most importantly, a fun and memorable experience.

The game will thus essentially be a multiplayer open-world action RPG set in ancient Egypt, as aforementioned. As such, Mummy.io shall test players’ strength, skills, determination and wit as they explore the environment, complete quests for different factions, and collaborate with other players to complete given tasks. They can also enjoy the single-player based PVE mode or try their hand at competing with other players in the PVP mode, there is something for everyone. Also, regarding the social aspect of Mummy.io, players have the option to create their very own Guilds and invite others to join, with each Guild siding with either the Chaos or Order faction. In addition to progressing through crafts and professions, wherein players can win and unlock loot boxes containing precious in-game items, users can even create and customize their own temples and pyramids which they can then sell or rent to other players, or even use as a location to organize events.

What about monetization and marketing?

Although originally free to play, the game economy, which is based on a P2E model, includes a reward system that includes attractive bonuses like gold, various in-game items and NFTs, all of which can be traded by the players in exchange for crypto that can then be sold for real money. The native token of the game is $MMY.

Furthermore, Mummy.io’s players shall be allowed to trade consumables and various items shall be made available for purchase in-game with crypto or fiat currencies, along with being compatible with an NFT format via the marketplace as well.

Ultimately, what makes Mummy.io different?

Naturally, there are numerous P2E games that can be found nowadays, with some of the more famous examples being among the likes of The Sandbox (SAND). Realizing the stiff competition that they face, the Mummy.io team strives to be different by firstly utilizing Unreal Engine 5 and secondly by making a free-to-play game that is highly enjoyable, social in nature (with a strong emphasis on community), and is created by gamers for gamers. According to the developers, who have previously worked in companies such as Square Enix and Ubisoft, so many P2E games nowadays often feel like a chore and the ‘fun’ element is usually missing, but this reportedly will not be the case with Mummy.io.

Also, Mummy.io shall be selling Land H1 2023. Specific locations of the Mummy world have been divided into land parcels that can be purchased in the future. Land owners can use it to build infrastructure, rent it to other players, or stake it for passive income. This, in turn, will make new partnerships accessible to Mummy.io and a truly multi-world metaverse experience will be the result.

The team is also working hard to create a fun and interactive metaverse with exciting gameplay that additionally includes numerous opportunities for socializing and interaction, along with exciting bonuses and rewards that can further enhance the P2E experience.

During difficult and complex battles, the fast-paced combat system allows players to greatly improve their skills, combat abilities and much more such as chain skills, parries, and dodges. Needless to say, the game is hence highly dynamic and the emphasis is not just on the advanced graphics, but also on the reaction-intensive gameplay, thereby significantly improving immersion for the players and putting the focus back on the gameplay and not just on the visuals.

What is there to look forward to?

While fans wait for the game to be finished, the team has released screenshots from the demo teaser and even an interesting feature known as ‘The Mummy.io Manifesto’. In the end, although there is certainly plenty of work yet to be done, this is one game that everyone should be keeping a close eye on going forward as the demo shall be available in the third quarter of 2022 and will be accessible exclusively by the Mummy community.

In fact, there is plenty to look forward to as per the project’s roadmap, as the focus right now is firmly on delivering the first amazing chapter of the demo which will also be upgraded in the coming months with new environments, lore, NPC interactions, and interesting characters. Lastly, apart from the pre-alpha version which will follow towards the end of the year, the team is also currently working on Mummy.io’s ‘Primordial NFT Collection’, so make sure to keep an eye on the social media channels for details about the whitelist. Ultimately though, the game has plenty to be excited about including the NFT collection, 3D items (which also have varying levels of rarity and grant owners full membership in the Founder’s Pyramid), and last but not least an impressive framework in Mummy.io’s metaverse which effectively combines contemporary and modern design choices with the aesthetics and unique environment of the ancient world.