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Redditors to Cardano — Where Are the DApps?

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Redditors to Cardano — Where Are the DApps?
Redditors to Cardano — Where Are the DApps?
  • Redditors are asking — where are the DApps?
  • A post questioning decentralized applications on Cardano went trending on Reddit.
  • Reddit user mask45 expressed his frustration over the platform.

Cardano Founder Charles Hoskinson recently tweeted Dogs Bark, Caravan Moves On. This was in response to Cardano haters that always complain about the platform. He explained that from dubbing Cardano a “Ghostchain” the haters are now moving on to discussing network congestion.

Meanwhile, in the /r/Cryptocurrency, a popular forum at Reddit with more than 4 million followers, Redditors are asking — where are the DApps?

In a post, Reddit user /u/mask45 said,

It’s been over 11 weeks and there are still no Cardano DApps.

He added that since the “first post that was almost 11 weeks ago raising concerns about the upcoming DApps on Cardano, there has been no news on this.”

Aside from this, mask45 also expressed his frustration over the platform. According to the user, “I was not only personally insulted in PMs, called a FUDer and an liar by the vast majority of Cardano holders, but was also told that Cardano DApps would be running 1 week after Alonzo Fork.”

The post got more than five thousand upvotes and more than fifty Reddit awards. Other users also replied to the post voicing their discontent with the Cardano platform, while others continued to defend ADA.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Cryptocurrency

Cointelegraph Consulting: Gaming tokens usher in altcoin season

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Cointelegraph Consulting: Gaming tokens usher in altcoin season

While remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry.

The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming tokens, with over 340% gains in the past month. Another one is GALA, with a similar 300% rally in November. Such coins, including those under the metaverse sphere like Decentraland’s MANA and Illuvium’s ILV, gained momentum after Facebook’s rebranding to Meta, suggesting that gaming tokens could be preceding a new altcoin season.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Cryptocurrency

Web3 To Boom With Hashed’s $200M Venture Fund II and New Partners

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Web3 To Boom With Hashed’s $200M Venture Fund II and New Partners
Web3 To Boom With Hashed’s $200M Venture Fund II and New Partners
  • Hashed launches $200M Venture Fund II to facilitate the growth of Web3.
  • It also announced new partners.
  • Hashed has made more than 30 targeted investments since the launch of its venture arm.

The cryptocurrency space is experiencing a new wave of development with the birth of Web3 technology. Web3 is a way for these developers and investors to rebuild the web on a foundation of cryptocurrency and blockchain technology. Thereby, ushering in a new age of individual empowerment and entrepreneurial freedom for all.

Following the above statement, an investment firm that is set to revolutionize the users’ interactions with the next generation of the internet, such as NFTs, DeFi, GameFi, etc., Hashed is leveraging Web3 growth with Hashed Venture Fund II. Just one year after a successful $120 million Hashed Venture Fund I, in its continuous quest to revolutionize the internet, Hashed raised another $200M to support the blockchain ecosystem.

Being a leading investor since 2017, Hashed is committed to the development of the already rapidly growing Web3 technology. Not to mention, limited partners who joined the fund include some of the largest Korean IT companies, multi-discipline conglomerates, and globally renowned investment firms.

To further show its dedication to the progress of the project, Hashed promoted Sean Hong and Baek Kim, two long-time members of Hashed, as Partners. Presently, Sean Hong serves as the CFO at Hashed due to his compelling contributions towards overseeing investor relations as well as legal and financial affairs.

Whilst Baek Kim currently manages global investments at Hashed, having spearheaded investments in Metaverse and Web3. Notably, Kim has worked closely with portfolio companies such as , , Set Labs, dYdX, ZKSync, and others to strengthen Hashed’s ecosystem method in investments.

Hashed has made more than 30 targeted investments since the launch of its venture arm. To mention a few, some of the notable investments from Hashed Venture Fund I include dYdX, Recur, which raised a $50M round led by Mets. Other promising investments include Republic, NFTBank, and Chai, which Hashed co-invested with SoftBank Ventures.

Similarly, Hashed was an early investor in several major Asian tech giant-led projects like Kakao’s Klaytn and LINE Blockchain. Hashed was also an early investor in some of the major projects in the blockchain space, such as; Terra, The Sandbox, Axie Infinity, and many more. Simon Kim, CEO & Managing Partner of Hashed speaks on Hashed Venture Fund II.

As we take our second step in solidifying our position in the global blockchain and technology sector, we are excited that our team’s vision is coming into reality. Just a few years ago, people doubted whether we would be able to transition our offline experience to online, but now people no longer question the value of digital assets such as NFTs and related products to be used in the metaverse. This change in our perception indicates that we have been right, and we hope to further exercise our influence in bringing about the kind of future we have imagined that is inclusive and equitable for all.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Cryptocurrency

A Second NFT Card Sale for Duelist King’s Win2Earn Game Is on Its Way

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A Second NFT Card Sale for Duelist King’s Win2Earn Game Is on Its Way
A Second NFT Card Sale for Duelist King’s Win2Earn Game Is on Its Way
  • Duelist King announces its second batch of NFT cards.
  • The second batch of NFT 20,000 boxes will be purchasable on December 15, 2021.
  • Duelist King also unveils Fantom as its latest infrastructure partner.

The future is NFT and even more, the concept of Play-to-Earn has since grown to accommodate more gaming models such as Duelist King’s Win2Earn approach. Duelist King is excited to announce the release of its second set of NFT cards on December 15, 2021. According to the NFT gaming platform, the first batch of cards in mystery boxes sold out in 45 minutes, indicating that the product is in high demand. Duelist King’s also noted that its initial sale of 50,000 NFT boxes was a huge success.

Due to high demand for these non-fungible tokens, the sale took place on September 15, 2021, and it sold out in 45 minutes. Each box was $5 and consumers had an equal chance of receiving rare cards. Of note, there are six rarity levels for Duelist King NFTs, ranging from Common to Legendary.

The NFT cards in the Duelist King ecosystem are distributed in mystery boxes. Five cards of varying rarities are included in each NFT package. This fair distribution is guaranteed by the team’s in-house designed method, which allows distribution outcomes to be publicly validated on the blockchain.

On December 15, 2021, the second batch of NFT boxes will be available for purchase. This run, however, is just 20,000 boxes long, compared to 50,000 boxes in the first. In detail, the team will sell the cards in a series of rounds, each with its distinctive design. There will be 25 card distribution phases, each with 20 different designs.

Additionally, players can build a good starting deck and experience everything Duelist King has to offer thanks to the multi-round strategy. However, not every design from previous rounds will be seen in subsequent rounds. More so, a minimum of 22 cards is required to begin playing Duelist King. Cards can be purchased through mystery boxes or through secondary purchases on the marketplace. Furthermore, Refinable, OpenSea, and the Binance NFT platform are among the marketplaces supported.

Through the Win-to-Earn feature, playing Duelist King awards you with new cards or artifacts. Above all, stablecoins and DKT can also be won through online competitions. Note that, participating in the second batch mystery box sale can be done by spending the Duelist King Token, DKT.

Duelist King also welcomes Fantom onboard as its new infrastructure partner and the Fantom Foundation as a strategic investor. Duelist King CMO Nicole Nguyen asserts:

By adding a new variety to our existing characters as well as our integration of Fantom enabling faster and more secure transactions, we believe this has paved the way for even more community members to get their hands on our new batch of cards as well as appeal to our existing members who are looking forward to power up their decks for the soon-to-be-launched game.

In this competitive environment, low gas fees and faster transaction throughput are critical. On that note, Fantom and Duelist King share the same key goals of fostering justice, speedy transactions, and security.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Continue Reading

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