Madrid stated:

“Our vision is still very clear. You should be able to play any game using one wallet that combines all your collected and earned utilities.”

Web3 Gaming Continues to Grow

Despite a broader market slowdown, Madrid affirmed that the Web3 gaming sector is still booming. The executive highlighted that tools and infrastructure for game development have become much more accessible over the past two years.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

“I feel that the tools to create games have become more accessible. Looking at the number of games developed on gaming platforms in the last two years, the sector is still booming,” Madrid said.

He also pointed out that a single breakout game could serve as the catalyst for broader Web3 adoption in gaming.

NFT Utility Is Maturing

The Sandbox COO Sebastien Borget noted that the NFT space is witnessing a shift toward more functional applications. Borget stated that the industry is moving away from NFTs being used solely for fundraising or profile pictures, towards offering real utility.

Borget added:

“At The Sandbox, we continue to see high demand for virtual land, avatars, and NFT collections like Jurassic World, because they can be used directly across the game.”

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.

The post Will It Be Possible to Play Web3 Games with a Single Wallet? appeared first on Coin Engineer.

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)

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

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.

The post What is GUNZ Coin (GUN)? appeared first on Coin Engineer.

Features of NeuralAI

• AI-Powered 3D Model Generation: NeuralAI creates 3D models using text and visual inputs. Users can quickly start projects and obtain detailed 3D models that can be exported in industry-standard formats.
• Fast Iteration: NeuralAI helps developers increase the speed of 3D model creation, enabling more experimentation and helping them find the best results for their vision. The only limit is the developer’s imagination.
• Biττensor Subnet: NeuralAI is working on making 3D asset creation more efficient on the Biττensor subnet. This network offers a resource expansion cycle where 3D asset creators (miners) earn rewards.
• GPU Leasing and Mining: In collaboration with AKASH Network, NeuralAI provides ready-to-use templates for GPU leasing and TAO mining. This offers developers a cost-effective solution for additional processing power.
• GPU Streaming (Research Ongoing): NeuralAI aims to stream high-quality GPU power from local devices using cloud computing. This technology allows players to experience enhanced graphics and smooth gaming experiences without hardware upgrades.

NeuralAI Marketplace and 3D Assets

NeuralAI offers a marketplace where 3D assets can be freely traded. Users can share their created 3D assets with other developers and earn revenue. The marketplace, different from traditional asset exchange platforms, supports features such as NFT tokenization, on-demand 3D model generation, and much more.

You Might Be Interested In: Elon Musk Shared, That Memecoin Flew: Up 500%!

Revenue Strategy: NeuralAI Marketplace takes a 5% transaction fee. Half of this fee is distributed to $NEURAL token holders, while the other half is reinvested into the NeuralAI ecosystem.

$NEURAL Token

$NEURAL is the cryptocurrency token of the NeuralAI platform and operates on the Ethereum blockchain. This token acts as a key for accessing services on the platform.

• Staking: $NEURAL token holders can stake their tokens and earn revenue from the platform. These income sources can come from TAO mining, Bittensor mainnet emissions, and premium features.
• Discounted Prices: $NEURAL token holders will receive discounts on future premium services and enterprise solutions.

NeuralAI Tokenomics

• Total Supply: 10 million $NEURAL tokens
• Tax: 4% tax on buys and sells (2% for development, 2% for marketing)
• Distribution:
  • Liquidity Pool: 7,000,000 NEURAL (70%) – Initial liquidity injection and investor funds will be re-locked.
  • Team and Advisors: 500,000 NEURAL (5%) – 3-month lock, 24-month linear vesting.
  • Research and Development: 500,000 NEURAL (5%) – 6-month linear vesting.
  • Marketing and CEX Listings: 1,000,000 NEURAL (10%) – Multi-sig, used as needed.
  • KOL and Strategic Pre-Sale: 1,000,000 NEURAL (10%) – 50% TGE, 1M Cliff, 3M Linear Vesting.

NeuralAI offers great potential for accelerating and reducing the cost of 3D model production, providing immense value for game developers and other creative industries. The $NEURAL token is a key element of the platform’s economic structure, offering various ways to reward users.

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.

The post What is NeuralAI (NEURAL)? appeared first on Coin Engineer.

According to the statement, the Game Catalyst Program (GCP) is designed to immediately increase the visibility and adoption of Arbitrum/Orbit/Stylus by founders and players in the gaming community.

Related: Aptos GameStack: Blockchain Gaming Revolution

The Game Catalyst Program is a program that aims to encourage game development and game-based decentralized applications (dApps) in the Arbitrum ecosystem. The program aims to support game developers and related projects.

The integration of Axelar into the Arbitrum network will be an important integration for game projects within the GCP. This integration will provide game developers with a wider range of bridging options, allowing for seamless data and asset transfers between different blockchains.

The vote is expected to end on June 7th.

The post Arbitrum Community Launches Vote for $220 Million Game Catalyst Program appeared first on Coin Engineer.