One of the company’s biggest projects is OTG (Off The Grid), a AAA quality battle royale game. Set in a cyberpunk universe, OTG offers players the option to play without NFTs or earn through NFTs. This provides a hybrid gaming experience for both traditional players and the Web3 community.

GUNZ Ecosystem and Technology

• GUNZ operates on a special subnet of the Avalanche blockchain.
• Using the Proof of Stake (PoS) mechanism, it reduces energy consumption to as low as 0.0005%, offering an environmentally friendly structure.
• Developers can benefit from the GUNZ API to mint NFTs, create game tokens, and establish NFT marketplaces.
• A specialized blockchain explorer, NFT marketplace, and mobile app provide a fully equipped ecosystem for players.

Off The Grid (OTG) and Gameplay Mechanics

OTG is a high-quality battle royale game developed under the direction of Neill Blomkamp (District 9, Elysium) and designed using Unreal Engine 5.

• 60-player Extraction Royale mode
• Simultaneous PvP and PvE missions
• Customizable characters with cybernetic limbs (Cyberlimbs) and over 300 weapon combinations
• Dynamic map transitions with vehicles, grapples, and jetpacks
• Free to play on Epic Games Store (PS5, Xbox Series X/S, PC)

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OTG gained massive popularity through a collaboration with Ninja (Tyler Blevins) on Twitch and surpassed games like Fortnite and Genshin Impact, becoming one of the most-played games.

GUNZ Tokenomics

• Total Supply: 10 Billion GUNZ
• Private Investor (Private B): 20%
• Treasury: 13%
• Founders & Team: 12.805%
• Private Investor (Private A): 12.5%
• Others: 41.69%
• 400 Million GUNZ to be distributed in Binance Launchpool (4%)

GUNZ Token Use Cases

• In-game transactions (marketplace)
• Trading NFTs and special content
• Earning through task completion

Gunzilla Games Financing and Investors

Gunzilla Games has raised a total of $76 million. In the most recent investment round on March 26, 2024, they secured $30 million, with leading investors including CoinFund, Blizzard Fund, and Morningstar Ventures.

Previously, in an August 10, 2022 round, major investors such as Republic Capital, Animoca Brands, CoinFund, and The Spartan Group provided $46 million in funding. Additionally, prominent investors from the crypto and finance world like Coinbase Ventures, Delphi Ventures, VanEck, Jump Crypto, GSR, and Shima Capital have supported the project.

Gunzilla Games Team

• Vlad Korolev – Co-Founder & CEO
• Alexander Zoll – Co-Founder & CSO (Chief Strategy Officer)
• Timur Davidenko – CTO (Chief Technology Officer)

Whitepaper: GUNZ Whitepaper
Official Website: GUNZ Website
X (Twitter): GUNZ X
Discord: GUNZ Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Recently, Avalanche, zkSync Era, BNB Chain, and usage rates on various blockchain networks have seen a significant increase and continue to rise.

One example of this crazy increase was the Avalanche network because it was the network that consumed the most gas with more than 5.6 million dollars spent on gas that day alone. Then, Arbitrum One ranked second with $2.1 million spent on inscriptions.

EVM inscriptions are located on the chain along with information embedded in transaction call data to create unique non-replaceable tokens (NFTs), which shows us that diversification in the crypto ecosystem is increasing.

According to research, this increase in Bitcoin transaction fees and the difficulty of using the network for its intended purpose made peer-to-peer digital money transfer difficult for many users. The Bitcoin network also saw an increase in inscriptions over the weekend, which increased block space demand and transaction fees. According to some data, there are still unconfirmed transactions on various networks.

Here Don’t Forget to Follow Us on Google News.

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This move is likely to raise concerns among privacy advocates as it could grant the government unprecedented power to monitor and track its citizens. However, BSN claims that by using decentralized identity (DID) technology, the system will protect user privacy. China will create digital identities for people using blockchain.

For Chinese social media users, real-name registration is mandatory. The six largest social media platforms in China, including WeChat, Sina Weibo, Douyin, Kuaishou, Bilibili, and Xiaohongshu, currently require content creators with 500,000 or 1 million followers to disclose their real names or the names of their financial supporters.

This policy was implemented in October 2023 and was reported to be designed to ‘enhance credibility and ensure public oversight.’ BSN claims the new system will safeguard user privacy. BSN asserts that the new RealDID system will be the world’s first national-level decentralized identity system with real names. The system will use DID technology to allow users to register and log in to websites anonymously.

In a press release, BSN stated, ‘Through the RealDID service, users will be able to register and log in to websites anonymously using their DID addresses and private keys. Thus, business data and transactions will be kept separate from personal information.’

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Concerns about data privacy persist

Despite BSN’s claims, some experts are concerned that the RealDID system could be used to track and monitor citizens’ online activities. They argue that the government could use the system to identify and suppress dissent.

The future of the RealDID system is uncertain

It is unclear how the RealDID system will be implemented or utilized by the Chinese government. However, the announcement will undoubtedly raise concerns among privacy advocates worldwide. Time will tell whether the RealDID system will be a force for good or a tool for repression.

Also, feel free to share your thoughts on the topic in the comments. Additionally, you can follow us on Telegram, YouTube, and Twitter for more real-time news and updates.

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According to Serpro’s president Alexandre Amorim, blockchain’s decentralized and immutable nature makes it the most appropriate technology for Brazil’s identity project. Amorim said, “Blockchain technology plays a critical role in protecting personal data and preventing fraud, providing Brazilian citizens with a safer digital experience. The utilized b-Registries blockchain platform significantly enhances the security and reliability of the National Identity Card project.”

The issuance of the National Identity Card (CIN) now has blockchain security. Learn what changes in the document and check all the details that make the new identity card of Brazilians safer than ever!https://t.co/G2MigNkG1J

— Serpro (@SERPRO) September 25, 2023

According to the government’s statement, the identity project will play a crucial role in areas such as combating organized crime, enabling public sectors to collaborate more effectively, easier access to services, and regulation of administrative records. For the last few years, Brazil has been trying to unify 30 provinces regarding identity. It is emphasized in the announcement that secure data exchange will be provided with the new steps.

Another important development in the country is the upcoming Central Bank Digital Currency (CBDC) project. The government rebranded the digital currency as “Drex” after introducing the project in more detail in August.

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PayPal, one of the most widely used digital payment providers globally, has added a new one to its significant efforts in the field of cryptocurrency and blockchain. Also the company shared its patent application, made on March 21, 2023, with the public on September 21.

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The summary of the patent application states, “Many digital wallets provide access to the NFT market by associating with a service provider. Additionally this NFT market is connected to a decentralized blockchain network associated with a different institution.”

PayPal’s this application represents a system that allows users to conduct NFT operations through off-chain methods and transfer their NFTs to other PayPal users.

NFTs, have gained rapid popularity in recent years, claiming a significant place in the center of the digital economy. So the company aims to offer its users innovative and secure ways of interacting with digital assets, focusing on the transfer and trading of NFTs to leverage this growing trend.

PayPal’s focus on NFT transfer and trading is quite significant for the technology world, users, and blockchain.

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What is RockTree Capital? 

RockTree Capital is an international investment banking business that specializes in cross-border transactions, strategic global expansion, blockchain and technology, energy, real estate, and investment. The company services the consumer goods, industrial, information technology, health, and life sciences industries.

It offers a variety of investment-related services, including buyer-side mergers and acquisitions, joint ventures, capital raising, structuring, initial public offerings, due diligence, and other services.

The Company conducts business concurrently in China, North America, and the Middle East.

The Company engages in a number of initiatives to ease foreign companies’ worldwide commercial operations, assisting them in effectively expanding by streamlining their efforts.

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RockTree Capital’s Focused Sectors:

• Blockchain
• Technology
• Fintech
• Information Technology
• Consumer Products
• Industry

The Executives of the Company

• CEO – Ömer Özden
• General Manager – Kevin O’Brien
• Project Director – Patrick Jin
• Business Development Director – Isaac Chen
• Vice President – Kurt Yang
• Administrative Director – Anita Qu
• Investment Analyst – Alisa Luo
• Business Development Manager – Tyler Fan

Areas RockTree Assists Investors In

• Financial Engineering
• Capital Investments
• Mergers and Acquisitions
• Initial Public Offerings (IPOs)

RockTree’s International Capital Sources

• Sovereign Wealth Funds
• Private Equity Funds
• Real Estate Developers and Institutions
• High Net Worth Individuals
• Commercial and Savings Banks
• Opportunity and Venture Funds
• Family Offices

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Blockchain and RockTree

RockTree operates in the two biggest blockchain capital markets, which are China and North America.

RockTree has significantly transformed blockchain technology, thereby altering various markets and business models. Moreover, the blockchain industry is presently advancing at a notably faster pace than the internet industry.

The business continues to work in this area and projects that by 2024, global revenue from corporate applications using blockchain would increase from an estimated $2.5 billion to $60.9 billion.

The corporation emphasizes its dedication to investing in this industry, stressing that blockchain technology will play a significant part in every aspect of our lives in the future.

You can share your opinions in the comment section, and don’t forget to follow us on Twitter, Telegram, and YouTube for more updates.

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Smart contracts have a wide range of applications, enabling peer-to-peer functionality in various areas like credit, insurance, logistics, and games. Developers can leverage the benefits of blockchain to build applications that are secure and accessible. Instead of relying on physical documents and lawyers, smart contracts use code running on a blockchain to define and enforce the terms of an agreement.

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The concept of Bitcoin introduced the idea of conducting transactions without the need for a trusted intermediary like a bank. Smart contracts take this concept to the next level by automating and decentralizing transactions and contracts securely. They enable the creation of decentralized applications and tokens across different industries, including finance, logistics, and gaming. All smart contract transactions are stored on the blockchain, similar to other cryptocurrency transactions.

These smart contract-powered applications are often referred to as decentralized apps or “dApps.” One prominent example is decentralized finance (DeFi) technology, which aims to revolutionize the banking industry. DeFi applications empower cryptocurrency holders to engage in complex financial transactions such as savings, loans, and insurance from anywhere in the world, without the need for banks or other financial institutions to be involved in the process.

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Tornado Cash is a tumbler on the Ethereum blockchain and it’s a tool for providing privacy. The tool is working EVM compatible. So, users can transfer the platform between other dApps built on Ethereum. But it also can work with BSC, Polygon, Optimism, Gnosis Chain, etc.

Tornado Cash is also open-source, but last year GitHub removed its repository because of the Lazarus Group hacking event. The platform “helped” North Korean hackers. That’s why the platform faced some problems like USA’s cases, the Circle’s freezing, etc.

Even it’s developer Alexsey Pertsev was arrested in Amsterdam. Because nobody stops the platform. They can just do it. In there, we are seeing Blockchain technology and it’s power.

How To Work Tornado Cash?

Tornado Cash is the mixer. If we talk about it using an easy way, we can imagine the platform’s system like that: There are big pools. The pools consist of different digital assets. For example, BTC, ETH, BNB, and XRP pools.

Users want to provide their digital assets. And the user has 1 BTC, in this scenario he/she must bring own assets to the BTC pool. After that BTC pool is mixing all of the assets. What happened? The user’s address is 0x1a (for example), and the 1 BTC belongs to the address. But already it isn’t. The 1 BTC belongs to 0x1B. 

In this case, you can provide your privacy and nobody can track you. Because already wasn’t 1 BTC in the 0x1a address. The problem is that: You can’t convert it to fiat money. Because you need CEX (centralized exchange). If you directly send your assets from Tornado Cash to Binance, the exchange will notice that.

Overall, Tornado Cash’s work is just mixing. That’s why Tornado Cash also “helps” malicious actions. Because nobody controls the platform and nobody can block the hacker and its assets.

Because blockchain is a decentralized and permissionless system.

Is Tornado Cash Using Legal?

No, using it isn’t legal. It doesn’t apply just to Tornado Cash. If any platform works like that, regulators will block and announce them as illegal platforms. But they can’t stop Tornado Cash because nobody can manage blockchain and its data.

But about 2 months ago USA government could stopped and blocked one mixer named ChipMixer. And the mixer used for cryptocurrencies. But it was defunct 2 months ago. The mixer mostly was used by DarkWeb and its users. Today there aren’t any websites and backend servers belonging to ChipMixer.

Yes, it’s true, we can’t use it’s website. But the platform’s backend is still alive. Because its backend is blockchain.

Why Is It Unstoppable?

We already answered the question. There’s solve reason, Tornado Cash has blockchain as the backend. There’s a second factor. It’s the Ethereum blockchain because the network is the most decentralized blockchain. Because the Ethereum network has almost 500.000 nodes. I mean the network’s data is everywhere, is in all the sides of the world.  If the U.S. government wants to block Tornado Cash, first of all, it must find the nodes and remove the data.

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