People always ask when blockchain will go mainstream. When Facebook launches its own cryptocurrency? When Telegram launches TON network? Or when old money starts buying Bitcoin?
The TrustDice team believes that blockchain will go mainstream when millions of people play blockchain games every day. During the past 2 years, blockchain gaming grows fast. Nowadays there’re almost 3000 Dapps (Decentralized Apps) built on blockchain (Ethereum, EOS, TRON, etc) and 60% of them are games, according to the data from DappReview.
However, the number of daily active users of blockchain games is still small (around 100k) compared with that of traditional games. To accelerate the process of bringing blockchain gaming to the mass market, the TrustDice team makes a lot of efforts. They released Trust Protocol in March 2019. And now they release the first Crash game to support multiple cryptocurrencies (Bitcoin, Ethereum, EOS, etc), with the help of Trust Protocol.
We talk with the TrustDice team about their vision and plans in the future.
Why do you build this Crash game?
Crash is an innovative game invented by people in the world of cryptocurrency. The first Crash game was released by Bustabit in 2014 and since then it has been popular among the Bitcoin community.
However, Bustabit only supports Bitcoin, for people holding other coins, they cannot enjoy the fun of this game. Therefore, we came up with the idea to build a Crash game supporting multiple tokens (Bitcoin, Ethereum, EOS, etc). And this will also be a good showcase of Trust Protocol.
Any other differences between your Crash game and Bustabit?
Besides supporting more tokens than Bustabit. There’ll be daily wagering contest in our Crash game. Those who wager more will win more. Another big difference is that our Crash game is built on EOS blockchain. All the random numbers are generated on blockchain.
It is truly provably fair and more transparent than games built on centralized servers. Finally, we have a Coinbox feature for new players to claim free coins (BTC, ETH, EOS, etc) every 6 hours. Even people without holding any cryptocurrencies can enjoy the game and maybe win a lot of coins, as long as they have good skills and luck.
Why do you focus on casino games now?
Our team is composed of veterans in the gaming industry and geeks. We’ve actually delivered several different types of blockchain games during the past 2 years: collectible game, FOMO game, Dice game and so on. Most of them can generate hypes during a short time, yet lose players quickly, while casino games like Dice and Crash, has been popular in the world of cryptocurrency for a long time.
The number of transactions in SatoshiDice was once taking 60% of all transactions on Bitcoin. What’s more, the daily betting volume of casino games on those new blockchains (Ethereum, EOS, TRX, etc) surpasses 10M USD. It’s definitely a great use case of blockchain and helps a lot of new users to learn cryptocurrency easily. It will keep contributing to the ecosystem of cryptocurrency in the future, and we believe that we can add value to it.
What’s the plan for 2019?
Well, our strategy is always customer first, and our highest priority is to provide the best gaming experiences to our players. In the rest of 2019, we’ll polish the product, deliver more games, as well as supporting more tokens on TrustDice.
For Trust Protocol, we’ll support more blockchains including TRON, NEO and so on. We hope to open source Trust Protocol by the end of 2019 so that more developers can benefit from our experiences before.
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
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 trading…
Campden Wealth Partners with GDA Group to Enter Digital Asset Markets
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…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…