The Polyient Games Founders Key, or PGFK, token sale begins Sep. 15, with a strictly limited 12,000 of the tokens up for grabs. This follows an August pre-sale during which the company sold an initial 500 tokens. Each PGFK will be a non-fungible token, or NFT, with a twist. Using a smart contract called the “Particle Bridge”, holders can convert the PGFK into 1,000 fungible particles (XPGP). These particles will be the utility token for the Polyient ecosystem. The corresponding PGFK is burnt forever, although a new one can be minted by sending 1,000 XPGP back through the smart contract …

The Whale non-fungible token vault has become the second-largest holder of virtual land in The Sandbox game — and its owner plans to become a virtual real estate developer. Whale tokens represent fractional ownership in “The Vault” — the private NFT collection of the prominent crypto investor and social media profile “WhaleShark Pro.” It has garnered a $16 million market cap despite holding just $1 million worth of NFTs, suggesting many speculators believe WhaleShark’s collection of rare tokens is likely to grow in value significantly. Blockchain intelligence firm Messari estimates that nearly 50% of The Vault is comprised of Land …

Working for Cointelegraph, we are regularly contacted by PR agents giving us advance notice of their clients’ forthcoming announcements. Those which seem interesting tend to be followed up with some additional research into the subject, before a decision is made on whether to publish a story. It was following one such contact, bearing the legend, Distance Learning Gaming App Teaches Blockchain for All Ages, that I found myself in the unlikely position of downloading an app called Adoraboos onto my phone. The game comes from an “award-winning game studio”, and was designed to help relieve the education crisis which has …

Minecraft, a best-selling game and worldwide phenomenon, is about to make its debut in the non-fungible token, or NFT, business thanks to the efforts of two players in the blockchain industry. According to the announcement, Japanese crypto exchange Coincheck's upcoming NFT marketplace will feature NFTs backed by a plugin from the blockchain firm, EnjinCraft, which are playable in select Minecraft servers. The exchange stated that they had previously been looking for a blockchain firm to help them develop their own NFT Marketplace, and Enjin came aboard to help make that a reality. However, Bryana Kortendick, VP of operations and communications …

In a Sept. 4 filing in Fornite creator Epic Games’ antitrust lawsuit against Google, the gaming firm has accused the omnipresent tech giant of violating its founding “don’t be evil” dictum and actively uses its market power to overcharge app developers. The core issue of the current case is that, earlier in August, Epic Games announced direct payments on mobile versions of Fortnite on Android and iOS. The payments would give customers a 20% discount on the app’s native V-Bucks — by circumventing the 30% fees that both Apple and Google charge for those payments. The next day, both Apple …

With the rise of non-fungible tokens (NFT), gamers and crypto enthusiasts are coming together, but gamers may not even know they’re using cryptos before they understand the decentralized nature of NFTs, an expert said. During an interview with Cointelegraph, Mac Ocampo, head of growth at blockchain entertainment studio Virtually Human Studio (VHS), said that NFTs and gaming platforms complement each other well, as there are "good NFT products out there like Sorare and Dapper Labs’ NBA Top Shot which introduces more mainstream users to the world of NFTs." Ocampo summarized the concept that the NFTs industry should adopt and it’s …

In the last two months, the decentralized finance industry has seen a dramatic surge of interest, as new platforms promising to disrupt the way people manage their money, transact, earn and entertain themselves have launched in rapid succession in recent months. Much of this growth has been catalyzed by the meteoric rise of DeFi lending platforms like MakerDAO and Aave, which together now compose more than 40% of the DeFi market. But a wave of new DeFi products that are targeting practically every traditional and digital industry is now making the rounds, expanding the benefits of DeFi to casual consumers …

Blockchain-powered gaming platform Ultra announced Sep. 3 that it will integrate Theta Network’s live streaming technology as part of its user experience. The service will allow users to see games in action before making a purchase, and earn rewards that can be spent within the ecosystem. Ultra is a game distribution platform using blockchain technology to bring new features to both players and developers. With a planned release in Q4 2020 it aims to disrupt the $160 billion gaming market by enabling gamers to play, discover, compete and socialize with zero friction. When a user hits a particular game’s landing …

Blockchain gaming firm Animoca Brands will launch its new REVV token on the popular decentralized exchange Uniswap. REVV will begin trading for Ethereum (ETH) on Uniswap from September 4 at 12 pm UTC. The token’s initial price will be $0.00666. The REVV token functions as a utility token on Animoca’s crypto-powered motorsports games, including F1 Delta Time and two new forthcoming releases. Animoca’s first upcoming title is a Grand Prix motorcycle racing, or MotoGP, game that will see more details released during Q4 2020. Another title “based on a global racing franchise” will also be announced soon. REVV is “the …

Blockchain-enabled gaming world The Sandbox announced a partnership with Care Bears owner Cloudco Entertainment on Sept. 2 that will bring a virtual representation of Care-a-Lot Kingdom to the platform. Players will be able to explore the Care-a-Lot environment and interact with attractions, games and buildings. There will also be Care Bears-themed NFTs which players can buy and use in their own lands. The Care Bears were launched in 1982, bringing the values of caring and sharing to countless millions of children and adults alike since then. Their message of cooperation and understanding has seen the brand generate more than $5 …

As part of its foray into the burgeoning non-fungible-token (NFT) gaming sector, NFT gaming ecosystem provider 8Hours Foundation appointed Michael Katz as a member of its advisory board. Katz has a long 25-year tenure within the video game entertainment sector, including top roles in major gaming companies. He was the former president of Atari Video Game Division, president of SEGA in the U.S., and Mattel’s marketing director. The 8Hours Foundation hopes to strengthen the adoption of its brand-new products launched under the brand VIMWorld with Katz’s addition to its board. VIMWorld is a non-fungible token ecosystem that provides a system …

DeFi is converging with non-fungible tokens (NFTs), with the Ethereum-powered game Axie Infinity seeing a spike in users ahead of the expected launch of the project’s governance token. Axie Infinity is a decentralized turn-based strategy game that draws influence from Pokemon and Tamagotchi with players able to breed, battle, and trade NFT-based fantasy creatures dubbed ‘Axie’. Since launching in February 2018, the game has attracted more than 7,000 tokenholders, and more than 4,500 active marketplace participants. It was recently ranked the No.11 NFT game by lifetime Ether volume with 4,570 ETH. Based on the number of NFT owners, Axie has …