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Web3 Gamer: Earn Bitcoin in Minecraft, BGA’s 50/50 gender split, Oath of Peak hot take

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Minecraft gets the Bitcoin treatment

It seems like Minecraft has been around since the invention of computers, and there is a reason for that. Along with its official free updates, which provide extra content, the Minecraft ecosystem has an incredibly active community, helping it stay up to date. Thanks to the game’s open-ended gameplay, there is tons of community-built content available to enjoy.

Have you finished the standard content of the game? Then why not relive the industrial revolution with custom-built mods? Or enter a competition to see who can build a construction first against hundreds of others? There is a server for that. Pokemon in Minecraft? Pixelmon! 

And if you want to earn Bitcoin in Minecraft? Welp, you can even do that now.

Bitcoin integration for Minecraft with Satlantis and Zebedee partnership.
Players can earn Bitcoin in Minecraft with the partnership between Zebedee and Satlantis. (Zebedee)

A community-operated Minecraft server by the name of “Satlantis” has integrated Zebedee’s gaming tech that lets players earn Bitcoin by completing in-game quests inspired by real-life BTC mining. Players in the server can join in-game mining pools, collect ASICs (popular hardware tailored for Bitcoin mining) and increase their hash rate to win block rewards. What a cool way to educate traditional gamers on the basics of Bitcoin!

Players can withdraw their earnings to Zebedee’s app, where they can spend their gains on other games made by the company or move them to exchanges that support Bitcoin’s layer-2 Lightning Network.

Don’t get your hopes up for buying a Lambo with your earnings from building pixelated wonders. The server will give out a total of 1 million satoshis — equal to one hundred millionth of a BTC — per week. That’s around $300 per week divided by God-only-knows how many people. While it isn’t much, it’s a start that could become a trend. 

The Bitcoin-friendly integration is an unofficial one, and neither Satlantis nor Zebedee is affiliated with the Minecraft developer Mojang Studios. The studio itself is pretty down on Web3, having previously banned Minecraft NFT integrations. Time will show how this integration fairs against the ban.

Blockchain Game Alliance ramps up diversity efforts

Diversity is a surprisingly new topic in the world of video games. Most major publishers had not even released a diversity report as recently as 2021. In 2022 Activision Blizzard gave itself five long years to meet its goal of 50% women and non-binary employees.

Members of the Blockchain Game Alliance, a key organization promoting Web3 and blockchain gaming, voted to install a gender-balanced board, with three men and three women. And the newly elected BGA board of 2023 is made up of all new faces.

Blockchain Game Alliance 2023 board members
Blockchain Game Alliance 2023 board members. (BGA)

They are Leah Callon-Butler, director of consulting firm Emfarsis; Yasmina Kazitani, chief marketing and partnerships officer at Interverse; Christina Macedo, co-founder and chief operating officer at Ready gg; Hideaki Uehara, director of business development at Square Enix; Mariano Rubinstein, CEO and co-founder at Sura Gaming; and Alex Kosloff, head of business development at Altura.

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As an avid gamer, I will be watching with interest to see if the make-up of the new board can help progress and innovation across the Web3 gaming space.

Sega not a fan of P2E but developing a blockchain game

The makers of all-time favorite franchises Sonic and Yakuza have had an on-again, off-again relationship with blockchain technology. Sega announced plans for NFTs as play-to-earn (P2E) rewards last year. Later, they stepped off the gas after a backlash from fans, who considered the initiative a money grab.

This year, Sega is also walking both sides of the street. Shuji Utsumi, co-chief operating officer at Sega, called blockchain games “boring” and said the Japanese gaming giant wouldn’t be using its biggest titles in blockchain gaming projects.

However, Sega has announced a partnership with Line Next to bring its classic games to GAME DOSI, a Web3-friendly blockchain gaming platform. In light of this announcement, Utsumi clarified that investing in Web3 projects is within the company’s strategy but that they don’t intend to be a Web3 company but rather a “Web 2.5” one.

LINE NEXT signs memorandum of understanding with SEGA to develop game for GAME DOSI
LINE NEXT partners with SEGA to license and bring a classic game to the Web3 gaming platform GAME DOSI. (LINE)

As everyone’s aware, the mainstream gaming community is unenthusiastic about blockchain games and sees them as a temporary trend fueled by hype and speculation. Players are concerned about money grabs and the short lifespans of Web3 games, so it’s understandable Sega doesn’t want to put its big titles in an area where it has little-to-no experience. 

While some skepticism is warranted, it doesn’t mean blockchain technology won’t ever find its footing in the gaming industry. Multi-billion-dollar tech companies are aware of the possibilities Web3 gaming brings and know the importance of getting in on the ground floor.

Sega’s decision to test the water with its smaller IPs is a thoughtful and measured approach that respects its legacy while navigating the uncharted terrain of Web3 gaming. 

Studio’s $15M funding from Binance Labs for Web3 dino game

Binance’s venture capital and incubator arm Binance Labs has invested $15 million in Web3 gaming startup Xterio. The company labels itself as a “free-to-play-and-own” game developer and publisher, meaning the games are free to play, and players are able to earn and keep NFTs. In August last year, it raised $40 million in funding from investors, including FunPlus, XPLA and now-extinct FTX Ventures.

Xterio seems to have a lot of experience on the gaming front, with Web2 gaming industry veterans on its founding executive team from companies including Ubisoft, Krafton and NetEase. There are 11 games in its repertoire, ranging from Age of Dino — a massively multiplayer online 4X (explore, expand, exploit, and exterminate) strategy game that features dinosaurs — to Overworld, a cross-platform sandbox RPG with anime-inspired graphics.

Xterio is developing an “emotion engine for AI,” with an aim to enhance player immersion by equipping game characters with realistic and dynamic emotional responses — The Matrix and the whole AI takes-control scenario were way ahead of their time.

Web3 Game Overworld by Xterio
Overworld promotional art. (Xterio)

The company uses AI very actively as they host an AI toolkit for developers and are creating a digital companion game called AIpal which is entering its beta phase later this year.

Hot take — Oath of Peak

The undeniable success of Genshin Impact — a Chinese MMORPG with cute graphics and fast-paced action that was released on virtually every platform except Casio Scientific Calculator — sparked off a trend of introducing every possible bit of Chinese mythology to Western audiences among developers. 

Oath of Peak
Oath of Peak promotional art. (Oath of Peak)

Oath of Peak, an action MMORPG game that diversifies with its Web3 elements, seems to capitalize on that itch. Available on iOS and Android platforms as a free download, the game offers an epic world that’s easy to get familiar with, thanks to its cute graphics. 

Similar to other massively multiplayer games, players can pick from five different classes with fully customizable avatars. The game offers melee, assassin, ranger, mage and support characters — nothing groundbreaking. 

With the recently-added English language support, it wasn’t hard to find my way around the colorful island. After completing some quests, I realized one cool thing about the game: it doesn’t shove its Web3 features at the player. Sure, the game has NFT monsters and a utility token that’s exchangeable with in-game currency, but it doesn’t become prominent until after players are invested in the game in terms of time and effort.

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If you are in the market to check some new games with familiar mechanics, it’s worth taking a look at Oath of Peak, now available globally via app stores or its APK. It’ll only take 15-20 minutes for you to understand whether it’s a game for you or not anyway.

More from Web3 gaming space:

— Eyeball Games, led by the team behind Miniclip’s 8 Ball Pool, has announced the launch of their blockchain-based mobile game, Eyeball Pool, on the Immutable platform in early 2024.

— Polygon Labs’ president, Ryan Wyatt, is transitioning to an advisory role after over a year with the company. Polygon’s chief legal officer, Marc Boiron, will succeed Wyatt as the new CEO.

— MetaGalaxy Land introduced the pre-alpha version of its metaverse platform, which utilizes Unreal Engine 5.

— Major League Baseball became one of the first professional sports leagues to own a virtual world. Improbable, a metaverse tech firm, announced the new virtual space called “MLB virtual ballpark.”

— Immutable has introduced OBS, its first Web3 racing game, as the latest addition to its game lineup.

— Telescope Labs launched a comprehensive range of AI-driven solutions tailored for Web3 gaming, empowering gaming enterprises with the necessary resources to construct robust virtual economies.

— Sweat Economy, a move-to-earn initiative, has revealed the introduction of Sweat Hero, an in-app game and NFT experience within their platform.

Erhan

Erhan Kahraman

Based in Istanbul, Erhan started his career as a gaming journalist. He now works as a freelance writer and content creator with a focus on cutting-edge technology and video games. He enjoys playing Elden Ring, Street Fighter 6 and Persona 5.

Cryptocurrency

Ripple Price Analysis: $1.5 or $3 – Which Will be First for XRP This Year?

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After weeks of sideways movement and declining volatility, XRP is showing signs of life once again. The recent liquidity sweep and the break of key technical levels suggest a potential shift in momentum.

However, bulls still face several overhead resistances that could determine whether this is a short-term relief rally or the beginning of a more sustained uptrend.

By ShayanMarkets

The USDT Pair

On the daily chart, XRP has bounced strongly after sweeping the sell-side liquidity below the $2 level. That sweep was followed by a strong bullish engulfing candle, signalling aggressive buying interest from that zone.

The price has since reclaimed the 100-day moving average and is currently testing the 200-day MA and the descending resistance of the multi-month descending channel around $2.40.

A clean breakout above this zone could open the door toward the $3 resistance cluster. If momentum continues, bulls may even eye a rally toward the major supply area near $4.

However, failure to break this structure could result in another retracement back to the $1.60 demand zone. If that level breaks again without a new higher high, the structure would remain bearish. The RSI at 58 is also neutral-bullish, supporting a short-term continuation move, but not yet signalling overbought conditions.

xrp_price_chart_0407251
Source: TradingView

The BTC Pair

XRP/BTC is still trading inside the descending wedge and hasn’t confirmed a breakout yet. The pair is hovering just beneath the wedge’s upper boundary and the key resistance zone at 2100 SAT, which is just below the 100 and 200 EMAs.

Despite several attempts to push higher, it has failed to break and close above this confluence. Until that happens, the downtrend structure remains intact, and the wedge is still in play.

If a rejection follows, we could see another drop toward the lower boundary near 1800 SAT. Moreover, the RSI sitting around the neutral 50 level signals indecision, making a confirmed breakout or rejection crucial for the next move.

xrp_price_chart_0407252
Source: TradingView

 

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Cryptocurrency charts by TradingView.

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Cryptocurrency

Satoshi-Era BTC Wallets Spring to Life, Move $2.18B in Rare On-Chain Shuffle

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Two Bitcoin (BTC) wallets that had been untouched for over 14 years suddenly moved their entire holdings of 20,000 BTC, worth around $2.18 billion, in a pair of rare transactions late Thursday.

On-chain data shared by Lookonchain shows that each wallet shifted 10,000 BTC within half an hour of each other, as they surprised market watchers who closely track such “Satoshi-era” movements.

Bitcoin OG Moves

The wallets originally received the bitcoin on April 3, 2011, when the price was just $0.78, meaning their holdings had appreciated by nearly 140,000 times since purchase.

At the time, the combined stash was worth about $15,600. The identity of the wallet owner or owners remains unknown, and it is unclear why the funds were moved now after over a decade of dormancy.

Such large, aged movements are rare and often trigger speculation about early miners, lost wallets being recovered, or potential institutional-grade sales. Although there has been no indication yet of a sell-off. In fact, Bitcoin’s price remained stable following the move, as it held above $108,000.

Market analysts are watching whether the world’s largest cryptocurrency can build enough momentum to test its record highs near $118,000 amidst the sudden reawakening of these early wallets.

“Rare and Meaningful On-Chain Footprint”

According to CryptoQuant, the transaction patterns suggest these movements are likely genuine transfers with the intention to trade, rather than internal wallet reorganizations or security-related address changes.

This event could even mark the largest on-chain transfer by holders inactive for over a decade, surpassing the previous record of 3,700 BTC moved during the market’s bottom following the FTX collapse. CryptoQuant, however, said that assuming all activity by old holders is automatically bearish for the market is incorrect and added,

“At this point, the intent behind today’s move remains unclear. What is clear, however, is that this is a rare and meaningful on-chain footprint – and one that could potentially signal increased volatility in the near future.”

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Shiba Inu (SHIB) Outpaces Ethereum (ETH) and Pepe (PEPE): But Not in the Way You Might Think

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TL;DR

  • Shiba Inu leads in centralization: a setup that poses risks of sudden price swings and contradicts crypto’s decentralized ideals.

  • SHIB shows mixed signals, as its price dips while burn activity surges by over 4,000% and tokens steadily flow out of exchanges, hinting at reduced sell pressure ahead.

SHIB is the Most Centralized?

According to a recent study conducted by Santiment, Shiba Inu’s top 10 wallets control a whopping 62% of the meme coin’s circulating supply.

The self-proclaimed Dogecoin-killers ranked first in that statistic, while the biggest stablecoin, USDT, came in second with 51.8%. Ethereum (ETH) is third, with its top 10 holders owning 49% of the supply, whereas PEPE is next with 39%. 

SHIB might lead on this front, but that doesn’t necessarily mean that its investors and proponents should pop the champagne and celebrate. Controlling a significant portion of the supply contradicts the decentralized spirit of the crypto industry. 

Additionally, this makes the asset more vulnerable to substantial price changes due to potential massive sell-offs or accumulation efforts. 

“As a retail trader, it’s generally safer to hold coins with less supply held by the most elite whales. There is less risk of sudden dumps or price manipulation should an asset’s largest whales decide to exit their positions,” Santiment warned.

SHIB Price Outlook

As of this writing, the price of the meme coin stands at around $0.00001159, which is a 3% decrease for the past day. Its market capitalization has slipped to just under $7 billion, making SHIB the 24th-biggest cryptocurrency in the entire market. 

Essential metrics, however, suggest that the price may be gearing up for a renewed rally. In the last 24 hours, the Shiba Inu team and community have burned over 13.4 million tokens, representing a 4,000% increase compared to the figure observed on July 3.

Burn Rate
Burn Rate, Source: Shibburn

The ultimate goal of the burning mechanism is to reduce the supply of SHIB and potentially increase the asset’s value through scarcity. 

Next on the list is the decreased supply of Shiba Inu tokens on centralized exchanges. Over the past month, there has been an evident shift from such platforms toward self-custody methods, which reduces the immediate selling pressure.

SHIB Exchange Netflow
SHIB Exchange Netflow, Source: CryptoQuant

 

 

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