Ecosystem

Toncoin price surges following the launch of Hamster Kombat’s Tap-2-Earn ecosystem on the TON blockchain. Rapid user growth and strategic integrations position Toncoin to potentially reach $8. Today, we’re diving into Hamster Kombat, a Tap-2-Earn management simulation game that’s making waves in the blockchain community. This innovative game has successfully launched its hamster ecosystem, complete with onchain assets, on the TON blockchain, significantly boosting the popularity and value of Toncoin. As described in today’s CNF YouTube video, thanks to its…

Sydney, Australia, June 2nd, 2024, Chainwire DogeMob, a prominent player in the meme coin sector, today announced several key developments and updates that underscore its evolution from a meme-driven concept to a multi-faceted crypto platform. With a range of new features and significant community growth, DogeMob is set to enhance user engagement and utility within its ecosystem. DogeMob has recently expanded its presence on global cryptocurrency exchanges. Following its initial listings, the platform is now actively traded on BitMart, and…

Playnance is a comprehensive ecosystem that recently made a splash in the Web3 gaming world. Its Layer3 blockchain solution, PlayBlock, set a record on Arbitrum Orbit for the highest daily transaction volume. Within a single month, PlayBlock processed over 11.5M transactions, averaging a staggering 500,000 to 600,000 daily executions. This achievement surpasses all 14 other Arbitrum Orbit gaming chains combined and solidifies its position as a leading Layer3 gaming ecosystem. Playnance, established in 2020 with headquarters in Tel-Aviv, Israel, and…

The nonprofit Gear Foundation is doubling-down on its efforts to grow Vara Network’s ecosystem of decentralized applications with the newly announced Vara Grants Program. It said it’s inviting proposals from developer teams now.  The new program is said to be a conduit for individuals and developer teams alike, providing support, technical expertise, community outreach and marketing support.  It’s aimed at boosting Vara Network, the L1 blockchain that leverages the capabilities of Gear Protocol to enable more flexible, intelligent smart contracts…

The imminent launch of the IOTA Ethereum Virtual Machine (EVM) is generating excitement within the IOTA community. Analysts highlight IOTA’s strong potential to lead the widespread adoption of real-world assets (RWAs) in the blockchain sphere. Excitement brews within the IOTA community as the launch of the IOTA Ethereum Virtual Machine (EVM) draws near. This revolutionary advancement is poised to herald a new era for the IOTA ecosystem, which boasts a valuation exceeding $660 million, by ushering in tokenization, DeFi, and…

Grand Cayman, Cayman Islands, May 23rd, 2024, Chainwire With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded finance solution for crypto, today announced the integration of Mesh’s seamless digital asset transfer and account aggregation technology with Sui Wallet and all other wallets…

Grand Cayman, Cayman Islands, May 16th, 2024, Chainwire With the launch of Netki’s DeFi Sentinel on Sui, protocol developers can opt to screen transactions before finalization on the blockchain, easing a significant compliance burden Today, Netki, a digital identity verification leader, announced the launch of their pioneering compliance oracle – DeFi Sentinel – on Sui, the Layer 1 blockchain and smart contract platform. The integration introduces an essential tool for developers that automates compliance within their protocols, allowing them to…

While the Polkadot (DOT) price may be caught in the doldrums for the time being, there’s a lot going on in the Polkadot ecosystem, including tech updates, important discussions, and feedback.  Let’s go over some of these developments, including participation on the network, discussions on the Polkadot forum, developer wishlists, and important ecosystem topics.  Robust Developer Participation  The Polkadot ecosystem has demonstrated its vibrancy and robust developer participation over the past month. To better understand this activity, let’s look at…

According to Fortune Business Insights projection, the blockchain gaming market will grow at a compound annual growth rate (CAGR) of over 21% from 2023 to 2030. The market is estimated to grow from $128.6 billion in 2022 to more than $614 billion by 2030. As more staking games and play-to-earn games flood the blockchain space, innovative projects like $GUMMY are bringing a revolutionary staking concept to the blockchain space.  While the blockchain staking game rewards consistent hard work, the $GUMMY…