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Rising Star CryptoDozer overtakes CryptoKitties
One user has already withdrawn a 70 ETH ($11,000) – value CryptoDoll!
A 4-week-young blockchain game dapp, CryptoDozer, hits record high NFT transactions, averaging 30,000 weekly transactions, eclipsing well-known flagship blockchain game, CryptoKitties. CryptoDozer is a blockchain-powered arcade game with the aim to collect various ETH-valued CryptoDolls by dropping coins. The game has seen thousands of users successfully withdraw ETH since launch. Even the first of CryptoDozer’s highest valued CryptoDoll, worth 70ETH, has been successfully won, by a player in Spain last week. The game has seen some serious ETH wins in its first four weeks, such as the college student from Vietnam collecting a 30ETH -valued CryptoDoll, CryptoDozer’s second highest prize. As well as the 70ETH – worth approx. $11,000 at the moment – winner, a real-estate worker in Spain. CryptoDozer is converting many users from non-crypto friendly to crypto gamers. In fact, of the four largest winners to date, only one has played Crypto games extensively before playing CryptoDozer.
The team behind the dapp, PlayDapp, is aiming high to ensure sustainable success in the blockchain gaming space. PlayDapp, a team of 20 with former PC and mobile gaming veterans, aims to build a blockchain-powered, open marketplace for individual game enthusiasts and developers. Running CryptoDozer successfully on Ethereum blockchain now, they are also developing their own additional titles and co-developing new dapp games of world-famous traditional game IPs recently partnered with.
Beyond CryptoDozer, Building a Massive Blockchain-Gaming Network
PlayDapp will leverage its own content power, its new NFT marketplace service and major blockchain networks to maximize business opportunities into a dominant blockchain-gaming network while running multiple game dapps with top market share. Starting from CryptoDozer, the startup will unite various blockchain games and their assets on one channel, the PlayDapp open service. As the first step of platform building, they will launch additional integrated game dapps with the characters and game assets of CryptoDozer on different blockchain networks including Ethereum, EOS, TRON, Bitcoin Cash, and more.
PlayDapp team emphasized that the gaming sector is expected to drive massive user numbers to the blockchain space and that PlayDapp will lead the market with all-time high user volume as well as offer the new gaming economy standard in the sector.
You can play CryptoDozer at https://cryptodozer.io
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CryptoDozer PR Team
Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively.
US dollar index retreats
Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.
The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points.
Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%.
At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital.
“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,” says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”
“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…
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