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Blockchain-Based Game Chainmonsters Taps Into Flow Blockchain

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Explaining the choice of the Flow blockchain as the backbone of its project, Max Weber, the CEO of B-Side Games, praised the consumer and developer-centric nature of Flow.

Chainmonsters, a blockchain-based game created by B-Side Games has tapped into the scalable power of the Flow blockchain. This move comes ahead of its Kickstarter Campaign scheduled to begin on October 20th. Blockchain-based games are becoming commonplace in the crypto sphere as of today and most with the ultimate goal of attaining mass adoption. In addition to the adoption drive, global integration is also sought, and as such developers partner with the right blockchain network that can help achieve this aim.

Blockchain-based Chainmonsters Game: New Highlight in NFT-Backed Gaming

Chainmonsters as described by the developers is a blockchain-based game that enables a cross-platform multiplayer experience. Under development since around 2017, the game features players who embark on an epic journey while catching, battling, trading and competing with digital monsters.

Every feature of the game including its iconic monsters dubbed Chainmon and other digital relics the game boasts of is built on the flow blockchain. The Chainmon is a Non-Fungible Token (NFT) and each user playing the game can catch a total of 135 Chainmons all created differently. Individual values like the statistics, traits, and the digital mutations of each user’s accumulated Chainmon define how strong one’s monsters are.

Additionally, each Chainmon is distinguished by the serial numbers, determined by order of capture by players globally, and comes in 3 different visual variations including Normal, Shadow, and Crystal. Only the Crystal Variation is up in the Kickstarter Campaign billed for next.

Noting the choice of the Flow blockchain as the backbone of its project, Max Weber, the Chief Executive Officer (CEO) of B-Side Games said that the consumer and developer-centric nature of Flow is why the brand has attracted not just B-Side Games but also leading game firms including Ubisoft, Dr. Seuss, UFC amongst others. Besides this factor, Weber also noted that the Flow Blockchain makes it easy for players without blockchain experience or technical knowledge to get started, offering an appealing user experience interface.

Chainmonsters is an incentivized game in which players can get values for their stored NFTs. The project though beginning with the Kickstarter campaign is set to witness the launch of its Alpha version in due time.

Blockchain Gaming Getting Mainstream

As developers in the blockchain ecosystem continue to devise ways to harness the full use case of the emerging technology, the swarm into Blockchain and NFT backed games has grown in recent times. Amongst the companies impressing with blockchain-based games like B-Side’s Chainmonsters include PlayDapp Limited who developed the PlayDapp ecosystem, a blockchain game service platform that serves Dapp (Decentralized Application) games developed and based on the blockchain public database system.

Simplex and Bitrue also lend their technological expertise to integrate with Gala games in a bid to take blockchain gaming mainstream. At the current tempo with which blockchain-based games are gaining traction, the current awareness being created will likely stir increased adoption, particularly amongst crypto and NFT enthusiasts in the near future.

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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.



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Ultimate Online Trading Solution for Anyone

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Tradelax offers a wide array of tools. Customers can access more than 200 financial instruments and trade stocks, commodities, currencies, and indices.

Within the last 30 years, the financial industry has become the fundament of global economics. Trading futures and stocks assist organizations in creating additional sources of revenue for innovation and expansion. The development of the Internet allows anyone who has a computer to engage in trading without any limitations. However, it’s worth remembering that online trading is inevitably interconnected with certain risks, including scams, private data exposure, and fraud. How to avoid all of them? Well, first of all, you’d need to choose a reliable trading platform. Fortunately, we can suggest one – Tradelax. This article will provide a detailed Tradelax review.

Why Choose Tradelax?

Tradelax is the ultimate solution for anyone willing to engage in online trading. There’s no need to possess any experience in the financial industry to join. Tradelax offers guidance and training to all customers, and they can receive an overview of the platform fast and conveniently. There’s a whole team of employees dedicated to training newcomers; so, you’ll surely find assistance when needed.

As the leading trading platform, Tradelax offers a wide array of tools. Customers can access more than 200 financial instruments and trade stocks, commodities, currencies, and indices. All prices are updated based on live feeds from global stock exchanges. So, Tradelax’s clients are provided with the most accurate information. The platform offers a comprehensive solution for managing your portfolio, purchasing or selling assets, and receiving professional training.

It would be impossible to receive profits from trading without a proper market overview. Tradelax knows about this necessity, so, it has designed a convenient Stock Screener tool. It was created to assist both newcomers and experienced traders in reaching their goals. Stock Screener allows you to filter out stocks and companies in the most convenient way and obtain the needed data about any particular organization. There’s also a possibility to arrange companies by market capitalization, growth rates, or receive the highest/lowest market values of stock for a given period.

Technology and Security

When it comes to online trading, security is the ultimate consideration. Since you’ll be providing the platform with a set of personal information, it must do everything it can to protect the customers’ data. Tradelax recognizes the importance of proper security measures. So, it has implemented a comprehensive set of policies. You can actually see a proof of the site’s reliability right in your browser. In the URL typebar, there is a lock symbol, which suggests that the connection is protected by 128-bit SSL encryption. Through clicking on the lock, you can obtain the details of a digital security certificate issued to Tradelax. This information provides a clear answer to “Is Tradelax a scam?” once and for all.

Types of Accounts Offered by Tradelax

All Tradelax reviews mention a wide range of account types that were designed to suit every customer’s needs:

  • Starter. This account would perfectly suit the needs of newcomers. It doesn’t involve any deposit fees or up-front commissions, allowing you to explore the market without limitations. You’ll also be provided with a personal account manager and a bonus policy.
  • Advanced. This type is for more experienced traders who have already attained some knowledge of the market. The advanced account includes all features of the Starter pack while adding access to education tools, regular market update emails, and a 25% discount on swaps.
  • Expert. Expert account owners are provided with assistance from a senior account manager and receive live updates on the most important news. This account also allows hedging and including a fixed spread option, alongside advanced training from an experienced consultant.

What Else You Should Remember about Tradelax

You can leave all your worries aside. Tradelax.com is not a scam. The company is a trustworthy online trading platform, and it possesses all the necessary certificates.

And you can join the platform absolutely for free. There are no deposit fees charged for setting up an account.

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Global Family Office Summit Takes Place Virtually With Key Highlights Including Education, Trust, and Responsibility

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The Global Family Office Summit that took place via Zoom platform on October 20 brought together key players to discuss issues that high value investors are willing to address.

Its primary outlined mission is to connect different disruptive tech leaders from all over the world, hence solve the world’s challenges using technology especially blockchain, cryptocurrency and artificial intelligence. Being the first time the event was held, and specifically virtually due to the ongoing coronavirus pandemic, GDA group is looking forward to many more successful events and fruitful opportunities.

The GDA group, dubbed a financial institution that is largely focused on disruptive technologies, came up with the noble idea of bringing together not only influential tech leaders but also high net worth individuals interested in the tech space.

Notably, the GDA group is the company behind GDA Capital and also Secure Digital Markets. Whereby the latter is a capital markets firm that is focused on merchant banking especially for digital assets. In addition, Secure Digital Markets is also a trading platform that has processed over $2 billion in OTC digital assets. Hereby making it a vital corporation in the crypto industry with its investments backed by institutions and wealthy individuals.

Details of The Global Family Office Summit

During the virtual event, various speakers got a chance to highlight their minds. In general, the summit identified that the industry has to invest more in education, trust between customers and services providers and responsible firms.

“The Global Family Office Summit has identified three pillars – education, trust and responsibility to give back,” said Michael Gord, one of the event organizers from GDA capitals.

According to Candace Johnson, a serial entrepreneur and key speaker during the event, she thinks the blockchain technology should be used to build a better world instead of seeing it as a disruptive technology. She noted:

“Data-driven algorithmic technologies are responsible for today’s digital transformation in almost all fields, from hard sciences, to social sciences, to the humanities, as well as in a variety of sectors, from health and commerce, to education, law and the arts.”

Another key speaker who participated in the event was AI Burgio, founder of DigitalBits. According to Burgio, investors should identify an opportunity to address a large-scale problem. Nicholas Verwilghen, one of the speakers noted that secure custody of assets and alternative niche projects is what will drive institutional investors crypto adoption. Other key points were discussed during the event that are expected to drive the creation of the next tech unicorn with the latest technology especially in blockchain and AI.

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A financial analyst who sees positive income in both directions of the market (bulls & bears). Bitcoin is my crypto safe haven, free from government conspiracies.
Mythology is my mystery!
“You cannot enslave a mind that knows itself. That values itself. That understands itself.”



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Stablecoins went wild in the days before Bitcoin’s recent surge

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In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior.

Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant.

On October 18, stablecoins moving to exchanges reached record highs of 60,000 and 56,000 respectively, according to data from CryptoQuant. The outlet’s data tracked USDT on Ethereum, PAX, USDC, TUSD, DAI, SAI, BUSD, HUSD and USDK. When it comes to the total inflow of all stablecoins in terms of the dollar value, no extraordinary trends were detected.

Stablecoins inflows to exchanges. Source: CryptoQuant.

CryptoQuant CEO Ki Young Ju told Cointelegraph that, although the inflows were not huge in terms of dollar value, they signified a bullish trend among retail investors:

“Depositing from more retail investors usually means the market sentiment is turning into bullish.”

Ju believes that the market’s high address and transaction count indicates that inflows were coming from a large number of retail investors rather than from a few large players. The assumption is that investors send stablecoins to exchanges when they plan to convert them to other crypto assets — primarily Bitcoin. Yesterday, Tether minted 450 million USDT on the Tron (TRX) network. The company’s CTO Paolo Ardoino clarified earlier that the amount was authorized, but not issued:

“PSA: 300M USDt inventory replenish on Tron Network. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests.”

Tether market capitalization 2020. Source: CoinMarketCap.

Tether’s market capitalization quadrupled in 2020, beginning the year with $4 billion and rising to $16 billion at time of publication. Meanwhile, Bitcoin balances on major exchanges fell below 2.5 BTC for the first time in years.





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