Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Ancient8 Chain on Ethereum Layer 2 has officially launched, marking a significant milestone in the gaming and blockchain industries. Developed by Ancient8.gg, this platform is poised to revolutionize Web3 gaming by offering a seamless and cost-effective gaming experience. Its mission is to drive the adoption of decentralized gaming worldwide and attract the next 100 million Web3 citizens.Ancient8 Chain leverages the power of the Optimism Superchain and OP Stack Layer 2 technology, seamlessly integrating with Ethereum without requiring any code changes. This breakthrough infrastructure provides game developers with unprecedented access to features while significantly reducing costs, addressing a major challenge in Web3 gaming.Scalability and throughput are major advantages of Ancient8 Chain. By combining OP Stack and Optimistic Rollups, it overcomes the limitations of the Ethereum mainnet, enabling a higher volume of transactions and eliminating bottlenecks and delays that often hinder user experiences in Web3 gaming. This scalability is pivotal in making blockchain gaming more popular and sustainable.The compatibility of OP Stack with the Ethereum Virtual Machine (EVM) simplifies the transition for developers, allowing them to migrate code and infrastructure from Ethereum seamlessly. The cost-effective rollup architecture enhances user accessibility, fosters interoperability, and encourages collaboration within the blockchain community.Ancient8.gg operates on a community-driven approach, where inclusivity and cooperation are paramount. The Ancient8 Collective comprises core partners and thought leaders in Web3 gaming, united in building the Ancient8 Chain ecosystem. This collective approach underscores the platform's commitment to creating tools that empower game developers to create immersive, scalable, and affordable blockchain games.The Ancient8 Chain's cost-effectiveness distinguishes it as a game-changer for Web3 game developers seeking innovative solutions. By enabling developers to harness Ethereum's strengths without altering their code, it promotes the creation of enjoyable gaming experiences.The introduction of the Ancient8 Foundation represents a significant step towards decentralization, emphasizing community participation and governance. This shift ensures fair resource allocation, providing developers with an equal footing for creativity and innovation while addressing resource disparities.Ancient8.gg actively supports games and protocols contributing to the growth of the Ancient8 Chain, both financially and within the ecosystem. This support fosters collaboration, innovation, and the overall enhancement of Web3 gaming.The launch of Ancient8.gg marks a pivotal moment in the world of Web3 gaming, as Ancient8 Chain reshapes how people engage with games through its global reach and robust technological foundation. Its emphasis on scalability, openness, and community-driven innovation propels Web3 gaming forward, unlocking the full potential of blockchain technology.Ancient8 Chain embodies the dedication of the Ancient8 Collective and their unwavering vision to lead the blockchain revolution while providing users and developers with the necessary tools to play a crucial role in this groundbreaking journey. Ancient8.gg is undeniably a trailblazer in game development innovation, built on principles of unity, innovation, and the creation of a decentralized and vibrant gaming Metaverse.

In the ever-evolving realm of play-to-earn gaming, innovation reigns supreme, and yesterday saw five monumental developments that sent shockwaves through the industry. Enjin, Ancient8, BNB Chain, Spider Tanks Arena, Alien Worlds, and Colonize Mars all took center stage with groundbreaking announcements. From Enjin's revolutionary blockchain to Ancient8's Layer 2 solution, opBNB's game-changing launch, Spider Tanks Arena's user experience overhaul, and the cosmic collaboration between Alien Worlds and Colonize Mars, these developments are driving the play-to-earn revolution forward at a breathtaking pace. Let's delve into the details of these game-changing moments.1. Enjin Blockchain Revolution: Enjin's new blockchain, built on Substrate, is a game-changer. It incorporates asset management directly into the blockchain, eliminating the need for smart contracts. "Fuel Tanks" and "Discrete Accounts" streamline user experience. Integration with Efinity is set to make Enjin a NFT creation hub, propelling Web3 gaming forward.2. Ancient8's Layer 2 Solution: Ancient8, a prominent gaming guild, unveiled Ancient8 Chain, an Ethereum Layer 2 solution powered by Optimism's Superchain. It addresses scalability and transaction cost issues, while the Ancient8 Foundation ensures decentralized governance. Protocols like Space3 and Dojo Launchpad signal global expansion plans.3. BNB Chain's opBNB: BNB Chain launched opBNB, a Layer 2 network, boasting incredible transaction speeds of 4,000 TPS, outclassing Ethereum's 17 TPS. Robust security features and enticing airdrop incentives are in the pipeline, setting new standards for the BNB ecosystem.4. Spider Tanks Arena Upgrade: Spider Tanks Arena's Patch 1.4 enhances the user experience with revamped Drop Pods, real-time statistics, improved reporting tools, and a Freecam feature for immersive spectator engagement. Gala Games continues to prioritize user satisfaction.5. Cosmic Salvagers Unites Alien Worlds and Colonize Mars: "Cosmic Salvagers," a collaborative mini-game contest between Alien Worlds and Colonize Mars, offers rare NFTs and TLM tokens as prizes. Entry is exclusive, requiring specific NFT blends. The contest, starting on September 25th, promises thrilling adventures on Mars.These developments underscore the rapid evolution and boundless opportunities in the play-to-earn gaming sector. Brace yourself for a transformed gaming landscape that's advancing at an unprecedented pace.

GameStop NFT to launch 20000 NFTs in its inaugural collection in a partnership with Illuvium. It will also promote GameStop's NFT Marketplace. GameStop made news again when they announced a strategic partnership with Illuvium, an Ethereum-based platform, to change the way NFTs are promoted and used. A store called GameStop, which sells consumer goods, will show off a collection of 20,000 NFTs on June 12. GameStop and Illuvium have worked together on other web3 projects before. Last year, both companies worked together to start a $100 million joint grant program to help web3 creators in a way that had never been done before.

Sony Game Developers and Ex-EA Developers Comprise Avalon Corp TeamAvalon Corp.'s Digital Universe receives $13 million in funding to launch an AAA project in the Web3, metaverse, and blockchain gamingThe world is molding itself towards the crypto universe for investments as well as the future. Big companies are getting interested in blockchain and metaverse or AAA multiverse and looking for different ways to be a part of it. In a similar effort, Bitkraft Ventures has raised $13 million in funding along with other companies to fund Avalon Corp, a Web3 gaming startup working on Avalon universe. The companies included are Hashed, Delphi Digital, Mechanism Capital, Coinbase Ventures, and others. The round also received funding from some angel investors, including former Microsoft executive Charlie Songhurst and Twitch co-founder Kevin Lin.The big news is their team of developers, has worked in huge tech companies like Electronic Arts, Microsoft, Blizzard, and Sony. The studio's first game will be Avalon, which runs on Unreal Engine 5 and has some MMO and Web3 metaverse elements. However, CEO of Avalon Corp Sean Pinnock and Chief Product Officer Jeffrey Butler told Decrypt in an interview that they don't perceive Avalon as a metaverse. The main reason for the reluctance is how the term has been taken and misapplied in the digital world.Butler remarked of the term "metaverse" that "everyone's kind of leaping onto this word and just pounding the poor word to death," adding that practically every big brand, whether they be a fast food chain or fashion industry, has somehow associated themselves with the creation of their own metaverse.