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Cookin’ Burger! Digital Entertainment Asset Reveals Its First Third-Party Game Title
Singapore-based digital entertainment and blockchain game company Digital Entertainment Asset (DEA) revealed on Mar.18 the release of the fourth blockchain game title – Cookin’ Burger. The game will mark the first time DEA has partnered with a third party developer for the launch off the game. As a press release reported, Cookin’ Burger will be [...]
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Moonstake to Establish Moonstake Gaming Guild (MSGG) to Enter GameFi Business
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GameFi is a term combining the words "Game" and "Finance", referring to games where you can earn from playing. Specifically, in-game currency, tokens, characters, and items backed by blockchain technology can be bought and sold by players on crypto asset exchanges and marketplaces. GameFi is a market that has been growing rapidly, led by the "Axie Infinity" GameFi project which has been especially popular in Southeast Asia since 2021. The GameFi domain is expected to exceed $68 billion* and is attracting widespread attention even outside of the crypto asset industry.
GameFi is creating new businesses with its innovative model and Moonstake will help create new jobs by establishing and operating gaming guilds. We will provide gaming know-how and lend strong characters and weapons through the global connections promoted by Moonstake. Moonstake hopes to address one of the major goals of the SDGs, "End Poverty," via the creation of new jobs.
*What is a Gaming Guild?
Gaming Guild is a community for matching investors and practitioners. Investors can purchase NFTs and loan them to practitioners aka game players who use the NFT to play. Investors and practitioners will share the revenue generated by playing. The guild operator matches game players with investors and provides them with the necessary NFT assets, tools, and know-how to share a portion of the revenue earned in the game.
Why are guilds attracting attention?
Token holders, who currently hold crypto assets as investors, provide assets to the guild for players to purchase NFTs for use in their games. The guild then uses those NFTs to allow players to participate in the game. Players, many of whom have never been exposed to crypto assets, are currently generating revenue as the community of GameFi players expands in the Philippines and other Southeast Asian countries. In this way, the creation of a new revenue model through GameFi has already been creating numerous new jobs and helping to build players' economic power.
MSGG is currently recruiting game users through the scholarship program of JobTribes, a Play to Earn game that is being developed by Singapore-based GameFi platform DEA.
Moonstake plans to use JobTribes as a foothold to connect to a variety of GameFi projects and will work to create new employment opportunities primarily in Southeast Asia.
Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.5 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since last March, Moonstake has also entered DeFi with its newly launched DeFi platform, Muse.Finance, which has released a core DeFi product that will be integrated into Moonstake to offer users worldwide Advanced DeFi connectivity.
Mitsuru Tezuka, Founder of Moonstake, says: "We are very pleased to be able to explore new areas of business for Moonstake via the MoonstakeGamingGuild. With so many people still looking for work around the world, GameFi, a new and exciting industry which creates jobs for many people, has always been one of the things I wanted to challenge myself with. I have been fortunate to have a great opportunity to create and operate guilds at JobTribes, and I hope to use this opportunity to discover the various possibilities of GameFi that can synergize with Moonstake to bring even more value to users worldwide."
About Moonstake
Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.
Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.
Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.
About Moonstake's staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/
Citation*. https://bit.ly/3tboifb
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.
XRP Price Prediction 2022-2026-Will XRP Price Hit $2 by the end of 2022?
XRP was created as the native token of fintech company Ripple to reduce the cost of transactions in cryptocurrencies and to act as an alternative mode of payment to the universal Society for Worldwide Interbank Financial Telecommunication (SWIFT). It ensures that transactions are completed within 3-5 seconds through its adoption of validators that are made up of Ripple, financial institutions, and universities. The cost of transactions on the Ripple platform using XRP is lower when compared to fees paid in doing transactions on Bitcoin and Ethereum platforms. What is XRP? XRP is the cryptocurrency token that is used on Ripple’s products such as Ripplenet and XRapid. It is open-source and runs on the XRP ledger. XRP is the only cryptocurrency that can be used in carrying out transactions on the XRP ledger, while any other cryptocurrencies can be used on Ripplenet’s platform. Transactions on the XRP ledger (XRPL) are almost instant and cost fractions of the U.S dollar. XRP was launched The XRP ledger is a decentralized public blockchain that is owned by the global developer community. Let’s see the XRP price prediction for the coming years. Price Analysis of XRP token? Flashback: Fundamental Analysis of XRP The recent ban imposed on Russia by the U.S and the European allies that would remove it from operating with SWIFT has increased the price of XRP by over 10% in less than 72 hours since XRP enables users to carry out cross border remittance within seconds through its XRapid product and Ripplenet platforms. Also, Ripple entered into a partnership with Modulr Technology, a leading payment platform in the U.K and Europe. This will help in ensuring seamless transactions to their customers with the XRP token. One of its subsidiaries, Trust Payments is a major beneficiary of the deal. In another partnership news, XRP parent company Ripple, partners with the Digital Euro Association (DEA) to ensure sharing of knowledge in their plan to launch Central Bank Digital Currency (CBDC) by 2023. Furthermore, STASIS a leading provider of stablecoins has said that it would be launching its EUR stablecoin on the Ripple platform due to its low cost of transactions and speed of completion. The section below outlines the XRP price prediction for the next five years. XRP Price Prediction 2022 By the end of the first quarter of 2022, the price of XRP is expected to be at least $0.81. This price is expected to rise to about $0.9 in the second quarter and stay between $0.85 and $0.92 by the end of the second quarter. However, the price of XRP could drop to about $0.7 in the third quarter but is expected to be within a price range of $0.72 to $0.8 by the end of the third quarter. In the last quarter of 2022, the price could rise to $1 but it could end the year at a price of $0.95. XRP Price Prediction 2023 By the end of the first quarter of 2023, the price of XRP could reach $1.2. The price could plummet to $0.98 in the second quarter but is expected to stay in the range of $0.8 and $1.3 by the end of the second quarter. In the third quarter of 2023, the minimum value of XRP could be $1 while the maximum price could be $1.5. By the end of December 2023, XRP could trade at a minimum price of $1.4. XRP Price Prediction 2024 The price range of XRP in the first quarter of 2024 is between $1.35 to $1.6. By the end of the second quarter, it could at a price of $1.7. By the end of the third quarter and the fourth quarter, it could trade at a price of $1.8 and $2 respectively. XRP Price Prediction 2025 In the first quarter of 2025, XRP price could break its present all-time high price of $3.84. By the end of the second quarter, it could trade at a price of $4 at least. By the end of the third and fourth quarters, its price should be $4.2 and $5 respectively. XRP Price Prediction 2026 By the end of the first, second, third, and fourth quarter of 2026, the price of XRP should be $6, $6.5, $7, and $10 respectively. XRP Price Prediction: Market Sentiment XRP price prediction by well-known media platforms is explained in the sections below: Gov Capital According to Gov Capital, the price of XRP could reach $1.24 by February 2023 and $5.3 by February 2027. PricePredictions According to Price predictions, the price of XRP could reach $0.89 in 2022 and $2.75 by the end of 2025, and $16 by 2030. DigitalCoin According to DigitalCoin, the price of XRP could reach $0.98 by 2022, and $1.16 by 2023. By the end of 2025 and 2030, the price of XRP could reach $1.41 … Continued
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