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TA: Bitcoin Price Reclaims $20K, Why This Could Be The Start of Larger Rally

Bitcoin price gained pace for a move above $20,000 against the US Dollar. BTC is showing positive signs and might rise further above $20,500. Bitcoin...

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ApeCoin Surges Over 40% Amid Major Metaverse Debut Rumors, Transcending SAND and MANA

ApeCoin, the native token for the Bored Ape NFT collection rallied to near-record highs on Saturday, as the platform’s developer community, Yuga Labs, hinted...

Heroes of Arcan, the DAO-Powered Heroic Fantasy Play-to-Earn Game, Announces Upcoming Token Sale

Tallinn, Estonia, Apr 22, 2022 - (ACN Newswire) - Heroes of Arcan, an upcoming play-to-earn epic heroic fantasy game that aims to place the destiny of the world of Arcan in the hands of players for both in-game action and development is set to launch a token and NFT sale event in Q2 2022 that will allow players to participate in the development of the world of Arcan and access ARCAN tokens prior to launch.

Of 100 million ARCAN tokens minted on the WAX blockchain, 14 percent will be reserved for the Heroes of Arcan play-to-earn model, 6 percent to a private sale underway in Q2 2022, and 12.5 percent for the public token sale. A further 24 percent will be held in reserve in a community wallet and used to reward players and ARCAN token holders that stake in the Heroes of Arcan DAO.

Heroes of Arcan, founded by Thomas Gio, is set to launch in mid-Q3 2022. Further information on the Heroes of Arcan project and token sale can be found via socials.

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The play-to-earn gaming industry has created an NFT-fuelled revolution over the last year. Over the course of 2022, play-to-earn games saw over $4.5 billion in trading volume transacted through blockchain-based games across over 754,000 daily active wallets.

Many of the play-to-earn games available to players today, however, lack the narrative and multiplayer community features associated with games within the mainstream gaming market. In many cases, play-to-earn games place a strong emphasis on generating potentially valuable NFT-based game elements that can be sold for a profit through in-game or secondary markets for cryptocurrency.

Heroes of Arcan aims to disrupt the contemporary play-to-earn paradigm with an epic narrative-rich heroic strategy game that pits players against each other within a vibrant, evolving fantasy universe. Drawing from strategic resource and territory management games, MMOs, and hero-focused elements of MOBA games, Heroes of Arcan is positioned to bring the "play" back into the "play-to-earn" model.

Building the First Player-Driven Epic Fantasy Game DAO

Heroes of Arcan launches players into the fantasy world of Arcan, in which players join factions and compete over territory fractured by conflict, war, and magical catastrophes of world-ending proportions. The world of Arcan is represented by 20,000 individual land pieces, each of which is an NFT — players collect sources, build tools, and capture land in order to create structures and collect Heroes.

The epic fantasy narrative of Heroes of Arcan provides play-to-earn gamers with far more than a means of generating profit from their playtime — Heroes of Arcan developers have made a concerted effort to create a vivid world in which their players are able to form alliances, create and execute novel strategies, and create teams of powerful heroes.

While Heroes of Arcan integrates many of the features expected of a strategy play-to-earn game, such as upgradable equipment, structures and tools, harvestable resources, and in-game marketplaces that allow players to trade with one another, a number of unique social and governance features make Heroes of Arcan a highly disruptive presence within the play-to-earn market.

Dynamic Peer-to-Peer Marketplace Reinvents Play-to-Earn Model

The resources, heroes, territory, and other gameplay elements of the Heroes of Arcan universe can be freely traded by players through an in-game marketplace. The way in which Heroes of Arcan handles trading in-game, however, functions very differently from the static, centralized models found in many other play-to-earn games.

Rather than operate in a vertical manner, the Heroes of Arcan economy integrates an organic growth model that promotes player-driven economic evolution and prevents economic imbalance. Arcanium, Heroes of Arcan's in-game currency, is represented by the ARCAN token, placing control over the flow of value in the world of Arcan in the hands of players.

Transactions and trades made with ARCAN in Heroes of Arcan are subject to a tax, which forwards a part of fees paid by players using in-game marketplaces to a community wallet. ARCAN held in this community pool is used to reward players that stake ARCAN in order to participate in the Heroes of Arcan DAO.

Heroes of Arcan allows players to interact directly with the governance and development of the universe of Arcan by implementing a Decentralized Autonomous Organization model — players that stake ARCAN not only receive rewards from the community wallet, but can also propose and vote on changes that will affect the destiny of Heroes of Arcan.

The Heroes of Arcan economic model is supported by a horizontal gameplay system that ensures new players are able to gain a footing in the competitive world of Arcan, eliminating the centralization of resources and in-game power that occurs in other play-to-earn games.

Social interaction plays an important role in the world of Heroes of Arcan. New players of Heroes of Arcan choose a faction — the diplomatic Preachers, the warlike Conquerers, or the magically adept Wiser — to align with. Each faction is represented by a continent in the world of Arcan. Players in each faction are able to communicate with each other in dedicated Discord servers, opening the door to the formation of player alliances and guilds - or betrayal.

Economic sustainability within Heroes of Arcan is driven by additional features that will include mini-games, seasonal events, and territory updates. Early stages of the game offer power and economic scaling through resource collection, but later updates will provide players with the opportunity to improve and level up heroes, lands, tools, and equipment, create potions and enchantments, or build new architecture elements to add additional layers of economic complexity.

Robust Story-Driven Gameplay

The lore that drives the gameplay within Heroes of Arcan provides players with a far more compelling storytelling experience than any other play-to-earn game on the market. Heroes of Arcan developers provide a robust narrative and history behind the world of Arcan, launching players into a world in which three factions compete for territorial dominance.

Heroes offer players a powerful way to gain passive benefits when collecting resources, as well as a means of exploring new territory and gaining access to randomized loot drops through chests.

Social Links
Linktr.ee: https://linktr.ee/heroesofarcan

Media Contact
Thomas Giovannangeli, CEO, Heroes Of Arcan
E: hello@heroesofarcan.io
U: https://heroesofarcan.io

SOURCE: Heroes Of Arcan



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Cardano broke out of a falling wedge; the results have been…?

Cardano broke out of a falling wedge, but the results have been disappointingDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A large portion of the circulating Cardano supply is held by whales, and there was some evidence from an NVT spike that suggested that the token could be undervalued. ADA’s trading volume has also been […]

Quant Explains How Bitcoin Funding Rate Predicted The Latest Top

quant-explains-how-bitcoin-funding-rate-predicted-the-latest-top

A quant has explained how the Bitcoin funding rate (72 hour) may be able to correctly signal tops and bottoms in the price of the crypto. Bitcoin Funding Rate May Be Able To Indicate Tops And Bottoms In The Market As explained by an analyst in a CryptoQuant post, the 72-hour version of the funding…

The post Quant Explains How Bitcoin Funding Rate Predicted The Latest Top appeared first on Bitcoin News Miner.

Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionThe total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According […]

Top 3 Altcoins Investors Need to Consider in March 2022

Top 3 Altcoins Investors Need to Consider in March 2022

AAVE V3 was unveiled to the public last week, expanding AAVE’s scope. Polygon released an integrated version of the MATIC

The post has appeared first on thenewscrypto.com

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Binance CEO Changpeng Zhao Had a Busy Schedule Travelling the World

Binance CEO Changpeng Zhao Had a Busy Schedule Travelling the World

Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in

The post has appeared first on thenewscrypto.com

UNI Technical Analysis: Trendline Breakout Eyes 20% Jump

Questions About A Trader Who Turned $50 Into $8M Made BBC Pull Out Documentary

UNI coin price breaks above the long-coming downtrend and the $10 mark with a 30% rally. Will the uptrend sustain to reach the $15 mark? Key technical points: UNI coin price breaks above the long-coming resistance trendline. In addition, the price surpasses the 50-day EMA. Finally, the 24-hour trading volume of Uniswap is $245 Million, marking a 25% fall.  Past Performance of UNI UNI coin price shows a double bottom breakout-led bullish reversal from the $8 support level resulting in a price jump of 30%. The rally breaks above the long-coming resistance trendline marking a bullish milestone after a fatal downtrend. Moreover, it surpasses the 50-day EMA, which has provided a constant dynamic barrier.  Source-Tradingview UNI Technical Analysis  UNI coin price shows a retest phase of the trendline and the $10 breakout with a dragonfly candle of 1.92% retracement. Hence, a post-retest reversal rally may start shortly that may surpass the 100-day EMA. Uniswap token rally challenges the bearish aligned EMAs and outperforms the 50-day EMA while ready to approach the 100-day EMA. However, a potential rise to the 200-day EMA is possible with the $12.5 breakout. RSI Indicator: The RSI slope starts a remarkable journey with the bullish divergence generated at the $8 bottom. The rally approaches the overbought boundary and reflects a boom in buying pressure. MACD Indicator: The MACD and signal lines continue the bullish uptrend by undermining two bearish crossovers. Hence, the positive histograms continue to grow despite a few bearish dips. In brief terms, the UNI technical analysis shows a potential trend reversal possibility. Upcoming Trend  UNI coin price gains bullish attention with the long-coming resistance and the $10 breakout that may result in a bullish rally. Post-retest, the rally aims at $12.50. A firmer bullish grip could drive the prices higher to the 200-day EMA closer to $16. Hence, the rally shows a 20-45% price jump potential.  However, price succumbing under the 50-day EMA will rectify the rally and result in a downtrend to the $8 mark. Support Levels: $10 and $8 Resistance Levels: $12 and $16

The post UNI Technical Analysis: Trendline Breakout Eyes 20% Jump appeared first on Cryptoknowmics-Crypto News and Media Platform.

Ravendex Lists on Bitrue As Trading Volume Soars

Ravendex Surges 15% As Token Aims For New Highs
Ravendex, a non-custodial decentralized exchange built on the Cardano network has announced listing on popular cryptocurrency exchange Bitrue, just a few days after the platform revealed its NFT staking release. This marks the third listing the emerging DEX has experienced since its launch. Ravendex had earlier seen listings on the world’s leading price-tracking website for […]

5 Top Web 3 Crypto For High Profits – March 2022

Web 3.0 focuses on decentralization and cryptocurrencies are decentralized by definition. This is why cryptocurrencies are inextricably linked to Web 3.0, and experts anticipate that [...]

Cardano Price Prediction: ADA Price Retrace Towards $0.90 After Testing Two-Month Highs

ADA price trades with a negative bias on Friday. The price opened lower but quickly recovered to the session’s high. But, the continuation of the upside momentum seems limited now. The formation of a ‘double’ top formation suggests some profit booking in ADA price. ADA price fails to capitalize on the previous session’s gains. More

The post Cardano Price Prediction: ADA Price Retrace Towards $0.90 After Testing Two-Month Highs appeared first on CoinGape.

Coinbase Triggers 140% Price Explosion After Listing Small-Cap Altcoin Project Running on Ethereum

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A project bringing the functionality of traditional finance to crypto investing is exploding after a surprise listing from Coinbase. The US-based cryptocurrency exchange announced in a tweet that Crypterium (CRPT) is now available on its main website as well as Android and iOS apps. Crypterium (CRPT) is now live on https://t.co/CD3RBjtMAO & in the Coinbase […]

The post Coinbase Triggers 140% Price Explosion After Listing Small-Cap Altcoin Project Running on Ethereum appeared first on The Daily Hodl.

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