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OpenAI has announced its decision to remain a nonprofit organization, abandoning its previous plans to convert into a for-profit entity. The company, known for its groundbreaking work in artificial intelligence (AI) development, had initially considered transitioning to a commercial model. However, after careful consideration, OpenAI has opted to stay true to its core mission of [...]
Arthur Hayes, the co-founder and former CEO of BitMEX, reveals doubts about Bitcoin’s long-term viability in light of the United States’ potential strategic reserve plans. Hayes, known for his outspoken views on the cryptocurrency industry, expressed concerns about regulatory uncertainties that could impact Bitcoin’s future. In a recent interview, Hayes discussed the possibility of the [...]
Deribit, a leading cryptocurrency exchange, announces its expansion into the United States despite concerns over potential crypto regulation under the Trump administration. The move comes as a bold step forward for the exchange, aiming to broaden its reach and cater to the growing demand for crypto trading services in the US market. Despite the uncertain [...]
Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments.
After years of resistance, traditional financial institutions like Morgan Stanley and E*TRADE are embracing cryptocurrency trading. According to a report, it is projected that these large institutions will fully integrate crypto trading into their platforms by 2026. The once skeptical attitude toward digital assets is shifting as more banks and investment firms recognize the potential [...]
Janover’s price has skyrocketed by 1000% following the announcement of their new crypto ownership solution. This surge comes as the Sol Treasury reveals ambitious plans for the future development of the project. The increase in Janover’s price showcases the market’s positive response to the innovative crypto ownership solution. Investors are showing a strong interest in [...]
The post Former Kraken Executives Acquire Real Estate Firm Janover and Reveal Plans for SOL Treasury appeared first on Crypto Breaking News.
Coinbase is broadening its reach in Charlotte by recruiting 130 new employees as part of its expansion efforts in the fintech sector. The company’s push for growth is evident as it seeks to establish a stronger presence in the industry. This move is promising for both job seekers and the local economy, providing ample opportunities [...]
The post Coinbase Expanding into Charlotte Fintech Hub, Plans to Hire 130+ New Staff appeared first on Crypto Breaking News.
Charles Schwab, a well-known financial services company, is considering adding Bitcoin trading to its platform by 2026. This potential move would mark a significant step towards mainstream adoption of the popular cryptocurrency. The interest in Bitcoin trading from institutions like Charles Schwab reflects the increasing acceptance of digital assets in the traditional finance sector. As [...]
The post Charles Schwab CEO Plans to Launch Bitcoin Trading by April 2026 appeared first on Crypto Breaking News.
Napster, the groundbreaking file-sharing platform that revolutionized the music industry in the late 1990s, has made a significant move into the world of music-focused virtual environments known as the metaverse. The company recently announced the sale of $207 million worth of digital music assets to a mysterious buyer. This sale marks a momentous shift for [...]
The post Napster, the Revolutionary Music Pioneer, Sells for $207M – Unveiling Plans for Music Metaverse appeared first on Crypto Breaking News.
GameStop’s future Bitcoin purchases may require board approval Popular video game retailer GameStop has announced that any future Bitcoin purchases would need approval from the company’s board of directors. This decision comes following speculation about GameStop’s interest in cryptocurrencies after hiring a new Chief Technology Officer with experience in blockchain technology. The company’s move to [...]
The post GameStop Teases Bitcoin Investment Plans After Board Approval appeared first on Crypto Breaking News.
Kraken, a popular cryptocurrency exchange, is reportedly considering a substantial $1 billion fundraising round. This news comes as the digital currency market continues to see unprecedented growth and interest from institutional investors. The potential raise would further solidify Kraken’s position in the competitive cryptocurrency exchange landscape. With more and more investors looking to enter the [...]
The post Kraken Crypto Exchange Plans to Raise $1 Billion Before IPO, Report Reveals appeared first on Crypto Breaking News.
American venture capital investor Tim Draper warned business founders to prepare for "more and more" bank failures if the government continues to "print money and whipsaw interest rates."
Crypto winter and calls from other senators to ban Bitcoin in retirement plans haven't shaken the pro-crypto senator's resolve.
In the recent wake of meme token crashes and failed projects like Terra and Voyager, looking for high-quality utility token projects has been high on the average crypto investor’s agenda.
One of these projects, a metaverse token called Metacade, is gaining a lot of attention from industry enthusiasts. In this article, we’re going to explore the project and find out why it’s being talked about as the next hottest utility token.
What is a Utility Token?A utility token is a cryptocurrency that performs a specific function within a project’s ecosystem. This might mean access to certain network features or being offered discounts for using the utility token in transactions. Generally, they are specialised for use in the network they’re intended to be used on.
For example, Filecoin allows users to rent out their unused hard drive space. Others use the FIL token to access this storage space, making it a utility token. We wouldn’t call Bitcoin a utility token because the network doesn’t offer any specific service in exchange for Bitcoin; it acts as a transaction medium.
What is Metacade?Metacade is an up-and-coming crypto project that is aiming to be the ultimate community hub for Web3 and metaverse gaming. They are building a virtual arcade where users can go to discuss the latest in Play2Earn, collaborate with some of the brightest minds in Web3, and have their say on the future of GameFi.
From a gamer’s perspective, Metacade aims to be a one-stop shop where anyone can log on and play the best Play2Earn titles, discover trending games, and compete in competitions to earn even more from their favorite games.
Metacade and its CommunityAt the center of the Metacade ecosystem is the community. Metacade plans to bring entrepreneurs, crypto enthusiasts, and game developers together to form a melting pot of ideas on the latest ways to get ahead in Play2Earn gaming. Users can write reviews, publish GameFi alpha, and team up with others to help everyone win, not just those with the most resources.
Metacade also aims to further reward players for keeping the platform the premier destination for all things Web3. Their utility token, MCADE, is paid out when someone reviews, tests or produces content about one of the many games on their platform.
Metacade looking to the Future of Play2EarnNot only is Metacade aiming to help the community benefit from Play2Earn gaming, they’re also contributing to the industry’s future. As part of their roadmap for 2023, Metacade intends to launch Metagrants, which will see players voting for their favorite games that they want to see developed. Instead of relying on private investment firms that are only profit-focused, developers can pitch directly to the community and win investments based on what the players truly want.
A Place to Work and PlayIt’s widely known that blockchain gaming is set to grow massively over the next few years. According to crypto.com, it’s expected to grow 10x by 2025, which means that the number of opportunities to work and earn in the GameFi space will also skyrocket.
Metacade aims to capitalise on this, with plans to be the number one destination for finding gigs in the blockchain gaming space. They envision a platform where users not only log on and play the latest games, but also where the GameFi industry can directly source innovation from their target audience. Whether this means attracting motivated beta-testers, or obtaining meaningful reviews from end users – Metacade intends to bring developers closer to their gamers.
Plans for an Autonomous, Secure FutureWhile Metacade will initially be run by its founders, their plan down the road is to develop into a fully-fledged autonomous community, complete with a treasury and governance voting that puts the future direction of Metacade in the hands of the players. This will be done alongside the implementation of multi-sig wallets, which will require two or more keyholders to sign off on transactions from the treasury.
By the end of 2024, Metacade expects that governance will take the form of a decentralised autonomous organisation (DAO), offering a chance for the community to help guide and operate the arcade as it continues to grow.
Could Metacade (MCADE) be one of the best metaverse tokens in 2023 and beyond?If you’re looking for a project that could be the next hot utility token or metaverse crypto project, then Metacade might well be the answer. With excellent prospects and a fantastic future ahead of it, Metacade offers little downside with plenty of upsides. Presale of their metaverse token MCADE starts in November, so be sure to pencil the date in your diary!
You can participate in the Metacade pre-sale here.
The post New Utility Token, Metacade, Plans to Revolutionize the Metaverse appeared first on Invezz.
For the private sector of the Central American country, Bitcoin does not represent a viable commercial or financial tool.
The U.S. Treasury Secretary Janet Yellen has called on Congress to stop crypto from being included in retirement accounts, including 401 (K) plans.
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens […]
The Bitcoin City is supposed to be the first ever dedicated cryptocurrency hub in the world.
Continue reading El Salvador’s President Reveals Golden Bitcoin City Model at DailyCoin.com.
On Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital of the Caribbean,” as long as his country continues to embrace blockchain […]
Dear Zilliqans, On behalf of the entire Zilliqa team, I am saddened to inform you that Amrit Kumar will be stepping down from roles as President and Chief Scientific Officer at Zilliqa in coming months. With deep gratitude for all that Amrit has built and everyone he has mentored and inspired, let us all thank […]
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