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Gaming Platforms on the Blockchain: Here’s Three to Watch – Playkey (PKT), Enjin (ENJ), Chimaera (CHI)




Gamers have always taken advantage of and contributed to, the technological advancements of the digital age. Necessity is the mother of invention, after all, and the games available to the public today require consistent breakthroughs in internet speeds and computing power to run as designed. But stunning graphics and lightning-fast response times aren’t the only technological areas gaming developers have championed. Having years ago created in-game markets for the trading of digital assets, the first virtual-currencies were not found on an exchange, but rather in a game. Today, a growing number of developers are ready to revolutionize the meaning of decentralization with a series of gaming platforms and their associated crypto-tokens.

Yes, the gaming community adapts quickly to new technology in the pursuit of their favorite hobby. And the blockchain is no different to them in this regard. But as investors look out onto the virtual landscape in search of a secure place to park their Ethereum (ETH), what exciting developments in the gaming industry are available for them to choose from? Three gaming platforms to watch are listed below, each representing unique niches in the expanding altcoin universe.

Enjin (ENJ)
The Enjin Network and associated Enjin Coin (ENJ) take the trading of virtual assets to a whole new level. With a customizable ERC-20 token (that can be spent in-game as well as traded on your favorite exchange), the Enjin Coin (ENJ) platform allows game developers to create their own token using Enjin Coin (ENJ) as a parent currency. Users of the Enjin platform can take real ownership of their virtual assets this way, trading items across games in the world’s largest gaming-website platform available.

Boasting 250,000 gaming communities and nineteen million users, millions of dollars (USD) of virtual goods are traded on the platform each month. And with the world’s most secure digital wallet available, supporting Bitcoin (BTC), Ethereum (ETH), Enjin Coin (ENJ) and all ERC-20 tokens, Enjin (ENJ) stands ready for mass adoption by an eager public.

Enjin Coin (ENJ) is available on Binance, KuCoin, and a number of other popular exchanges.

Playkey (PKT)
Playkey owns gaming in the cloud. And if you believe what they’re saying in the chatrooms and gaming forums online, cloud gaming is the future. Playkey offers a solution to a massive problem in the gaming industry; Namely, eighty-one percent of gamers lack the computer resources necessary to play the newest PC games. Cloud gaming allows players to rent servers capable of handling the computing demands of these new games for considerably less than the cost of upgrading computer hardware.

Playkey Token (PKT) is used for all of the transactions that occur between gamers and miners on the platform. As more people play, the demand for Playkey Token (PKT) will rise, giving investors a great reason to hold the token over the long term.

If you missed November’s token sale, you can find Playkey Token on a few exchanges including Idex and EtherDelta.

Chimaera (CHI)
Finally, on this short list of gaming platforms to watch, is Chimaera (CHI). Chimaera has a key advantage to its platform of massive multi-player decentralized games: experience. The developers of Chimaera started with a proof of concept called Huntercoin. The Huntercoin experiment, deployed in 2013, created the worlds first game built entirely on the blockchain. The Chimaera platform builds upon the know-how gained from the Huntercoin experiment and plans to offer a wealth of tools for developers bringing their games to the platform.

The Chimaera (CHI) platform also promises the scalability necessary for massive game worlds and virtual inventories. Boasting of breakthroughs in their off-chain scaling, in what they refer to as Game Channels and Ephemeral Timestamps, developers utilizing the Chimaera blockchain are free to think big when creating their online fantasy-worlds.

The Chimaera token’s (CHI) pre-sale date is yet to be determined.

Gaming on the Blockchain
The gaming industry represents a growing market keen on the technological advancement of blockchain technology. From the creation of ERC-20 tokens based on a parent currency to cloud-based computing for overtaxed consumers to the achievement of scalability for massive multiplayer game-worlds, the solutions gamers find to common technological barriers will redefine the blockchain to a warming public, ready to take their first steps into the altcoin universe. And as investors ready themselves for increased public participation in the market, those wanting to stay in-tune with public demand would be wise to consider the gaming tokens listed here. Playkey (PKT), Enjin (ENJ) and Chimaera (CHI) represent gaming on the blockchain.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of JD Hancock via Flickr


We know what the Institutions are saying, but what are they doing?




Many of us hear that institutions are buying tons of BTC, XRP, and other top 20 cryptocurrencies.  The thing is how much truth really is there to that when we cannot even see the market moving in any direction other than on a downtrend. Right now, many do not know this but there is the OTC or the over the counter exchanges that exist. These exchanges like OTC trading desks do the trades off the market hense over the counter. This means that it functions in the same way the black market functions as when you sell these items it is essentially off the books so to speak.

Why does all this matter? Have any of you seen this VIDEO with Tekka Tiwari. Here he explains what I love to say as listening with your eyes. He goes on to show how Wall Street legally manipulates the market, they throw out in the media and go into the limelight and bash the said stocks, or bitcoin. The result is that of them falling drastically as many panic sell the asset. While everyone is selling off tons of their assets when it gets close to the bottom, similar to where cryptocurrency is currently they buy it in droves. He explains how this is exactly what happened in the…

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Why Is Coinbase Stalling With XRP?




For a cryptocurrency project, getting their coin to Coinbase is one of their biggest goals. However, the popular exchange has become infamous over the years for only accepting a handful of top-ranking coins, while other ones were deemed unsafe for listing for various reasons. In the first half of 2018, however, Coinbase decided to distance itself from this old way of looking at things, and it has even announced that it will look into numerous altcoins, in order to locate and list the best among them.

Since then, the exchange has kept its word, and while it did not add dozens of new coins, they still did open up to a few projects, such as 0x and even Zcash.

However, for all this time, there was no mention of XRP, a cryptocurrency formerly known as Ripple, which is currently the second largest coin by market cap. Despite high demand, constant requests, and alike — Coinbase did not even consider adding XRP.

That is, until several days ago, when numerous reports of Coinbase considering another group of altcoins emerged. While the XRP community was very excited to see XRP listed as a candidate for a potential listing, many believe that it is still not going to happen.

Why Coinbase doesn’t want to add XRP?

As mentioned, the XRP community has been asking for the addition of XRP for…

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Why 2019 Will Be A Big Year For Crypto




As 2018 is getting close to its end, a lot of crypto investors are turning their gaze towards the future. Considering the crypto bearish trend that has dominated this entire year, not to mention two big market crashes, it is of no surprise that everyone is more than ready to leave these harsh events behind.

However, a few questions still remain unanswered — what to expect in 2019? Is the situation going to change, or will there be just more of the same? Is investing now, when the prices are low, a good idea? These are the issues on every investor’s mind right now.

What to expect in 2019 in terms of crypto value?

Understandably, after a year such as 2018, expectations of the future are quite high. The crypto scene is still in its infancy, as many analysts have stated numerous times. Add a few more issues, such as regulatory uncertainty, mistrust coming from institutional investors, and constant hacks, scams, and theft that have been a significant factor in this and previous years, and it’s no wonder that the market keeps crashing.

However, there is more to it than that. Due to high volatility and no real control over cryptocurrencies, a massive bull run of 2017 brought cryptos to heights that were not supposed to be reached that early. Because of that, some analysts claim that, what…

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