Blockchain Bulletin: NOVEMBER 2024

Step Into SACHI’s Web3 Gaming World with the New Telegram Mini-App!

SACHI, a Web3 iGaming universe, recently launched a Telegram mini-app game, quickly attracting over one million users. This mini-app also offers a sneak peek into the larger SACHI platform. 

The mini-app features a spinning wheel where you can win various prizes. The most sought-after are shards that convert into gems and eventually into rare NFT skins. Additionally, you can build and enhance digital casinos using cards earned through gameplay.

Time spent on the app also offers chances to receive the native $SACHI token through airdrops.  This will be based on your hourly earnings, lifetime gems, invited friends, and skins. These factors also influence leaderboard rankings and potential rewards.

Blast Royale Takes Center Stage in PAID Network’s Innovative Crowdfunding Model

PAID Network is launching a new way to crowdfund through its platform. This community-centred model is called the Low FDV Community Offering (LCO) and features Blast Royale, a popular blockchain game. It has already seen over a million downloads and boasts a large community of 220,000 members.

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PAID Network is introducing investments at a low Fully Diluted Valuation (FDV) of $10 million, much lower than previous valuations. This strategy is designed to make investment opportunities more accessible and equitable. It also addresses longstanding problems in Web3, such as token distribution imbalances and price volatility.

This new approach promotes wider token distribution among community members, aiming for long-term engagement over short-term gains. PAID Network also introduced a rebranding and a series of innovative features to boost the crowdfunding experience.

Switchere Boosts Crypto Buying with New Volt Open Banking Integration

Switchere, an online cryptocurrency exchange in the EU, has enhanced its service by integrating Volt, an advanced open-banking payment solution. This update provides users with a faster and more secure way to handle transactions directly through their banks. This eliminates the need to enter card details and reduces security risks. 

The benefits of using Volt with Switchere include quicker transaction processing times, heightened security and lower fees. Users are also guaranteed almost certain transaction success due to a nearly 100% acceptance rate. 

This shift to open banking is gaining popularity over traditional card payments. This also appeals to those who value quick and secure transactions. It is expected to grow as more people recognise its advantages.

Xsolla ZK Pioneers the Future of Web3 Gaming

Xsolla, a leader in video game commerce, is set to launch Xsolla ZK. It’s a new initiative using ZKsync blockchain technology to enrich Web3 gaming. This platform will also include a “digital backpack”. It’s a tool that lets game developers and item creators store and manage virtual items on the blockchain. 

Xsolla ZK will be part of the Elastic Chain ecosystem, enhancing its features with Ethereum Layer 2 zk Rollup technology. This innovation is designed to make it easier to engage with its in-game commerce. 

With over two decades of industry experience, Xsolla aims to provide a scalable and valuable solution for the gaming community.

FiatGate: Bridging Finance and Crypto with Ease

Blockchain Reaction has launched FiatGate, a new white-label, non-custodial wallet and exchange platform. It’s a tool that makes it easy to switch between traditional money and cryptocurrencies. 

This was created in partnership with EBANQ, a leader in online banking software. FiatGate also combines user-friendly features with top-notch security to keep it a safe and smooth crypto experience. Moreover, you can buy, sell, and swap crypto quickly without needing a crypto licence. This is due to the integrated service providers who manage all regulatory requirements. 

FiatGate also allows rapid deployment under your brand within 72 hours and supports common payment methods. They also offer strong customer support from EBANQ.