blockchain

Funarcade Just Extended Its Testnet: Here’s Why!

The community-focused casino platform has extended its testnet program till May 31st following the overwhelming response from the gaming community. 

To bridge the gap, the platform combines substantial gaming experience with knowledge of crypto/web3 to create a successful gaming environment in the community. Funarcade is dedicated to providing a pleasant and equitable gaming experience, and its wide choice of iGaming alternatives has piqued gamers’ interest. 

Funarcade introduced its testnet to fine-tune its games better and give a top-tier gaming experience for its players. Users can participate in the testnet by completing basic missions on Funarcade and submitting feedback in exchange for rewards.

Recently, with the overwhelming participation and interest of its gaming community, FUnarcade decided to extend the testnet program that started on May 8th till the 31st of May. While players could only access this testnet program through Funarcade’s desktop site, the platform recently took to Twitter to announce that its testnet program is now also available through mobile. 

Also Read: Funarcade Beta Testnet: Why You Should Look Forward To It?

What’s More? Funarcade Gameplay and Rewards:

As an exciting approach to allow its early players to share their feedback, Funarcade allows gamers to be a part of seven distinct missions throughout this testnet. These missions include: 

  • Testing each game ten times (5 times in each currency)
  • Providing useful feedback

Players who will participate in each of the missions will be eligible for rewards. These rewards can be accessed once the players fill out the feedback form (accessible after completing the 6th mission) with their reviews on the first 5 missions. 

Players that complete all missions will then be able to proceed to access their testnet rewards, which will be funded from three different token distribution pools, including:

  • A 150,000 token pool out of which players that offer relevant feedback pool will be given 15% as a prize
  • A 400,000 token pool out of which players that offer good or detailed feedback will be given 40% as a prize
  • And a 450,000 token pool, out of which players that offer very useful feedback will be given 45% as a prize

Feedback from testers is incredibly important to the platform. As a result, the rewards program has been designed to elicit specific and accurate feedback from test users, emphasizing game mechanics, bugs, and user experience improvements.

Funarcade’s testnet approach seeks to provide participants with a complete testing program while rewarding them for their feedback.

Funarcade Tapping Into The Global Gambling Market:

The global online gambling market was valued at $63.53 billion in 2022 and is expected to grow significantly between 2023 and 2030. Funarcade is capitalizing on this opportunity by making gaming more accessible and engaging for users. Traditional casinos frequently struggle with security, transparency, and fairness concerns, which Funarcade addresses with blockchain technology and community-driven innovation.

As a result, Funarcade participation extends beyond simply playing games; players can support their community, earn incentives, and contribute to the platform’s success. As the casino industry shifts to online gambling, platforms like Funarcade are well-positioned to attract gamers looking for more inclusive, fair, and engaging gaming experiences.

If this excites you, don’t miss out on the opportunity of participating in this testnet program. 

Check out how you can participate in Funarcade’s testnet here.

Suggested for you: The Very Best Play-To-Earn Games To Invest In This Year

The Very Best Play-To-Earn Games To Invest In This Year

The most lucrative crypto gaming platforms using a Play-to-Earn (P2E) system typically provide impressive returns for those who jumped in earliest. Even though this industry is still in its infancy, there has been remarkable growth, and it has the potential to continue to expand. 

Many patrons dived right into the top GameFi cryptocurrency games during the intense crypto boom of 2021 and benefitted from it. But, despite what some critics claim, it’s not too late! This year will welcome the launch of numerous fresh projects to invest in as the industry pushes the boundaries of what’s possible in GameFi. 

The five top-rated Play-to-Earn crypto games can record increases of 10-100x, so here is a summary of the best Play-to-Earn crypto games to buy as of now in 2023: 

  • PlanetIX (IXT)
  • Illuvium (ILV)
  • The Sandbox (SAND)
  • Decentraland (MANA)
  • Axie Infinity (AXS)


PlanetIX (IXT)

A unique project that has been fostered for the last couple of years, slowly building a player base, is now touted as one of the top GameFi NFT-based platforms. PlanetIX fosters sustainability through its metaverse designed on our planet, earth. The game’s basic design aims for users to gather land and territories recognized as PIX (NFTs) and obtain the game’s currency, which is the IX Token (IXT).

The PlanetIX universe contains 1.6 billion PIX, giving the project ample space to grow and expand as the number of active gamers increases. The rapid rate at which the game’s player base is growing is staggering. PIX is recognizable by size and location, with some rarer than others. 

PlanetIX players can invest their IXT in acquiring PIX on the PlanetIX marketplace and other selected decentralized exchanges (DEXs). As players increase the size of their in-game estate, they can form partnerships and friendships with fellow PlanetIX residents. The focus on cooperation and building relationships is in keeping with the focus on conservation, which the planet promotes. 

Illuvium (ILV)

Illuvium is a great choice for the avid play-to-earn crypto gamer. This platform places gamers in a unique virtual realm offering authentic visuals. Players adventure in outer space, hovering through the universe, collecting objects, and completing quests to earn currency.

The collectibles in Illuvium are Non-Fungible Tokens (NFTs). They can enhance characters as gamers make their way through the game or are offered to other players in a peer-to-peer marketplace. In Illuvium, in-game characters go at each other, carry out quests, and collect ILV tokens as an accolade for progressing through the storyline.

Illuvium is managed by the players, giving customers the right to vote on game governance with ILV tokens. The decentralized autonomous organization (DAO) utilized by Illuvium is geared toward managing the platform’s administration. Each token owner has a stake in how the game is run and any future changes. 

The Sandbox (SAND)

The Sandbox is currently one of the leading crypto games in the play-to-earn sector. It is a blockchain gaming universe where users can bring ideas to life, own, trade, and earn from virtual experiences. The extensive metaverse provides a developer toolset that permits anyone to construct in-game items and even entire games, represented as non-fungible tokens and advertised on the marketplace.

The token SAND powers the gaming metaverse of blockchain. The system allows inventors to monetize their ingenuity and uniqueness without requiring third-party sites or centralized authority. With The Sandbox’s user-generated gaming locations, engineers can create entire game universes and capitalize on the all-inclusive toolset and partnerships provided by the platform.

Everybody, from participants to originators of the content, can identify potential fresh interactions with one another through unparalleled opportunities available in The Sandbox. Each game in The Sandbox gets an entire unique rulebook. Many titles can comprise P2E operations that allow gamers to earn a passive digital cash flow as they entertain themselves.

Decentraland (MANA)

Decentraland is another one of the leading play-to-earn crypto games. It is a digital world that allows users to buy plots of land and develop virtual constructions like houses, businesses, games, and boundless virtual universes. Anyone can delve into the Decentraland reality, profiting from unique meet-up areas and varied ways to get cryptocurrency prizes.

Decentraland’s digital currency, MANA, is used for all transactions within the Decentraland platform. All land parcels are issued as one-of-a-kind tokens (NFTs), and users can purchase and sell in-game customizable goods such as avatars, skins, and garments. Every product is interchanged through the peer-to-peer marketplace.

Decentraland has recently gained notoriety through its breakthrough 3D realm operated by shared ledger technology.  With the gift of absolute ownership granted to users to establish the online realm, Decentraland has become an expansive virtual reality filled with a plenteous supply of activities for participants to indulge in.

Axie Infinity (AXS)

Axie Infinity is a gaming platform that offers individuals another route to communicate with the blockchain and earn currency with real-world value in the process. Crypto enthusiasts can explore the universe, accumulate NFTs with real monetary worth, and acquire AXS tokens to advance through the game.

Axie Infinity showcases Axies, virtual entities that gamers can assemble, go to war with, and strengthen to perform missions and, ultimately, earn AXS. Players have full authority over their Axies since each creature is created as digital property, meaning Axies cannot be duplicated or controlled by anybody other than the owners.

Boasting a mixture of card-collecting games and RPG video games, Axie Infinity offers users a thrilling way to delve into the blockchain. Harmonized with private in-game items and inclusive earn returns, this has made Axie Infinity one of the most admired blockchain gaming metaverses within Web3.

Blockchain + Social: INTOverse’s Strategic Layout, Seizing the Initiative!

In 2023, the term Web3 has become a hot topic. There are numerous reports about new Web3 technologies in the tech news, as well as news about renowned institutions like Sequoia Capital making strategic moves in the Web3 space. With a significant influx of money and capital into the Web3 industry, we have every reason to believe that Web3 has become a new capital market.

Web3, known as the next generation of the value internet, takes blockchain technology as its core. Social is an inseparable part of Web3 and their combination is giving birth to unprecedented opportunities. Through practice and innovation, INTOverse, a community management solution based on Web3 technology, has entered the public’s view, aiming to provide users with a more secure, transparent, and efficient social experience.

INTOverse’s social mining mechanism is straightforward. Users simply need to register an account and participate in social activities to earn tokens. INTOverse evaluates users’ contributions based on the quantity and quality of their social activities on the platform and allocates token rewards accordingly. Users can increase their social weight value by engaging in social activities such as inviting friends, publishing content, liking, commenting, and sharing, thereby earning more token rewards.

The strategic layout of INTOverse primarily combines blockchain technology with social media, seizing opportunities in Web3. Firstly, INTOverse achieves decentralized storage of users’ data through blockchain technology, ensuring the security and privacy of user data. Secondly, INTOverse ensures the transparency of user data by employing smart contract technology. Token rewards are automatically distributed to users’ wallets, allowing users to check their social mining earnings at any time, in this way to guarantee the authenticity and credibility of the data.

Social mining is one of INTOverse’s advantages. Compared to traditional cryptocurrency investment and mining, INTO’s social mining requires no technical expertise or high capital investment, making it virtually zero-cost to participate. Users just need to download the app, register an account, and start social mining. Its low threshold has attracted the attention of many cryptocurrency enthusiasts, enabling more people to join the crypto world.

Simultaneously, social mining boosts the growth of users and enhances the community effect. INTOverse brings users together through social interaction and social mining, creating a vast and active community ecosystem. This community effect not only benefits the long-term development of the project but also provides users with a platform to share experiences and knowledge and discuss new technologies and industry trends. Its community ecosystem is continuously expanding, attracting more and more cryptocurrency enthusiasts to join and explore new opportunities.

Another significant issue is security, which has been widespread within the Web2 ecosystem. Even the well-known Facebook, has faced considerable privacy breaches. INTOverse has broken barriers of traditional Web2 platforms and ensures the security and privacy of user data by leveraging blockchain technology. User data is no longer stored in a centralized server but is distributed across the blockchain network, mitigating the risks of data breaches or hacking attacks. Users can finally achieve absolutely secure conversations. Seizing the opportunity of our time, INTOverse has made concrete efforts to drive innovation and development in Web3 community management.

Through the strategic layout of blockchain plus social, INTOverse creates a community that is full of vitality and opportunity for users. Since its launch on May 9th, within just two weeks, INTOverse has achieved over 10,000 daily active users and distributed over a billion messages in total. Its global horizon, diverse social interactions, low barrier to entry, and powerful community effect continue to attract the attention of Web3 users.

It is evident that under the trend of Web3, INTOverse keeps exploring new application scenarios and technological solutions. The decentralized social of Web3 will embrace new opportunities for development. INTOverse allows users to transact within a decentralized environment. Tens of thousands of users’  interactions and transactions, making the purpose of its social mining become clear. In summary, INTOverse is a highly promising Web3 project with an intriguing social mining mechanism that provides users with a pleasant social experience and rich token rewards. If you haven’t joined the INTOverse yet, it’s about time to register an account and participate in social mining!”

Website: https://intoverse.co/

Twitter: https://twitter.com/INTOverse_

Telegram: https://t.me/INTOverse_Official

Medium: https://medium.com/@intoverse

ZK-SNARKs: The Future of Blockchain

Zk-SNARKs have established themselves as a ‘Swiss army knife’ for blockchain and distributed ledgers, with applications in privacy, interoperability, and scalability.

Zero-knowledge proofs (ZKPs) have been utilized to enable applications ranging from verifiable outsourced computing to anonymous credentials in various scenarios that demand a balance of privacy and integrity. 

ZKPs allow one party to demonstrate to another that a particular statement or claim is true without disclosing the contents of that statement. The usage of ZKPs in several on-chain use cases aids in the resolution of privacy, interoperability, and scalability challenges.

Blockchain is the solution to many real-world problems, but it has inherent restrictions, which can create consumer concerns over time. It has the potential to hurt not only the blockchain network but also the participants in the ecosystem.

For example, the Bitcoin blockchain is increasing by the day, and it is currently more than 300GB in size, making it hard to handle using a low-end device. As a result, many miners face ceased mining, resulting in the centralization of Bitcoin mining. When Bitcoin becomes centralized, the controller can modify blocks and thus transactions, which is not good.

However, zk-SNARK is resolving this issue. zk-SNARK, which stands for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, is a digital certificate that can verify anything without giving the knowledge, and it uses the zk-SNARK MINA protocol to create a 22kb blockchain.

How Does ZK-SNARK Work? 

Compared to the blockchain, zk-SNARK can be considered a virtual certificate that is generated every time a new block is created by replacing the previous one. For example, a blockchain can generate three blocks: block 1, block 2, and block 3. 

For the first block, zk-SNARK 1 is generated with a size of 22kb, then for the second block, zk-SNARK 2 is generated with a size of 22kb, and zk-SNARKS 1 + zk-SNARK 2 combine to generate a single 22kb zkSNARK. 

After block3 generates zk-SNARK3 of 22kb, it joins with the previous zk-SNARK of 22kb to generate a single zk-SNARK of 22kb. As a result, as a miner, you no longer need to verify blocks 1, 2, or 3, but only the last zk-SNARK, saving you time, effort, and energy.

The main advantage of zk-SNARK is that it can minimize the size of the blockchain to only 22kb. As a result, the size of the blockchain will never grow, and we will never face any blockchain size-related issues, and any light-end device may be a blockchain node, allowing us to take advantage of all the benefits that blockchain offers.

zk-SNARK aids in data protection by never disclosing your data when you connect to a third party but allowing you to verify anything you desire. Assume you go to the internet to open an account, and the party asks you for your information. 

Then, in lieu of data, you supply zk-SNARK of your data to demonstrate that you have a legitimate name and address but do not need to expose them. SNARK-powered applications can assist us in protecting thousands of data streams emanating from your family’s gadgets.

This is just one example of how zk-SNARK resolves the issues that blockchain fails to handle. So far, many more Web 3.0 solutions are being introduced with the help of zk-SNARK.

In conclusion, experts believe zk-SNARK will take over blockchain in the next 10 years. 

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Are Blockchain-Based Social Media Platforms Going After TikTok?

New Chapter for INTOverse’s Social Mining: Keep Innovating, leading the Trend!

Recently, INTOverse’s “social mining” and “earning tokens effortlessly” have been two of the most frequently mentioned keywords in the Web3 industry. INTOverse is a Web3 community management solution that integrates a Web3 encrypted wallet, digital identity, and AI assistance. The goal of INTO’s social mining is to revolutionize the traditional mining model by enabling users to enjoy social interactions while gaining physical rewards.

According to public data, since the start of its closed beta on May 9th, INTOverse has not only experienced rapid user growth but also witnessed highly active social interactions. As of May 21st, within just two weeks, its DAU has surpassed 10,083, with an increased number of 5,927 new users per day, and the total number of distributed messages has exceeded 100 million.

Social interaction is an essential activity in the internet world, so INTOverse innovatively created this social game, earning while chatting, where socializing equates to computational power. INTOverse consistently optimizes its mechanisms to maximize the efficiency of social mining and user earnings. The more interactions, the higher the user’s social weight and allocation of INTOverse tokens (TOX). Additionally, INTOverse prioritizes user experience and service, providing a one-stop mining service, where users can start mining with one click. In the meantime, INTOverse also has a professional customer support team to provide users with technical assistance and service around the clock.

In traditional social mining, users often need to manually transfer their digital assets to their wallets. However, with INTOverse, users can directly manage their digital assets. Which made it a more convenient and safe choice for users.

INTOverse has also designed a complete economic model set where users receive token rewards during social mining. These tokens can be used for platform staking, NFT minting, online marketing, and other functional services. This team is continuing to develop and expand numerous ecological scenarios, particularly in the economic model of platform staking. This will greatly consume the circulating supply of INTOverse tokens (TOX) and accelerate deflationary destruction, leading to a continuous increase in TOX value and making TOX legendary.

INTOverse aims to create a global, diverse, and common-shared social ecosystem. To achieve this goal, it provides users with many exciting features such as group chats, one-on-one chats, and Moments (similar to a social feed) and wholeheartedly supports community ecosystem development. INTOverse’s highly inclusive communities allow users to exchange ideas and share experiences freely. It not only stimulates user engagement but also enables users to gain more profits. Additionally, INTOverse will explore and introduce more blockchain application scenarios, providing more people with a channel to experience the charm of blockchain technology.

INTOverse has not only brought a new social experience to the blockchain community but also pioneered a fresh approach to mining in the crypto world. Its significant DAU will attract numerous ecosystem developers to join INTOverse, leading to rapid growth both in the ecosystem and user base, creating a win-win result for all.

It is evident that INTOverse has continuously innovated itself and led the trend of social mining. Now, it has become a leading player in the field of social mining, which provided users with experiences and profits beyond their expectations. We believe that in the future, INTOverse will present us with a new Web3 world, where full of possibilities and opportunities.

Website: https://intoverse.co/
Twitter: https://twitter.com/INTOverse_

Telegram: https://t.me/INTOverse_Official

Medium: https://medium.com/@intoverse