Best P2E Games

India Plans To Ban Crypto

India Plans To Ban Crypto

Game Review 

India Plans to Ban Cryptocurrencies Except Few.

After China and Korea crusades against the crypto industry, India also plans to follow suit. At the end of 2021, India announced a bill aimed at imposing a complete ban on all cryptocurrencies except a few.

India Plans to Ban Crypto currencies - Video Games
India Plans to Ban Crypto currencies – Video Games

Moreover, India also plans to introduce its own digital currency regulated and issued by the country’s central bank. The move comes after China and South Korea’s anti-crypto and anti-crypto games laws. China has already declared cryptocurrency transactions illegal.

Now, India announces to introduce a bill called Cryptocurrency and Regulation of Official Digital Currency Bill. The bill “seeks to prohibit all private cryptocurrencies in India,” according to the the country’s Parliament.

However, the bill also reads, “for certain exceptions to promote the underlying technology of cryptocurrency and its uses.” It further adds, “create a facilitative framework for [the] creation of the official digital currency to be issued by the Reserve Bank of India.”

The Prime Minister of the country showed concern over cryptocurrencies as it tends to “spoil our youth” if they “end up in the wrong hands.”

The new bill worries the NFT and blockchain-based gaming community as the transaction revolving around cryptocurrency might get banned. Many blockchain-based games use cryptocurrency like Ethereum and other tokens to get started.

India Plans to Ban Crypto currencies - Video Games
India Plans to Ban Crypto currencies – Video Games

As for NFTs, there are several pitfalls as the country’s constitution needs revamping if it is to regulate it. “However, for NFTs, there is no separate legal framework, so we might have to rely on regular principles of the Indian Contract Act for the sale/purchase of goods,” Shilpa Mankar, partner and head of the fintech, said.

As of now, there is little clarity on the future of blockchain games in India as the bill is yet to enter parliament. Currently, the Indian-public is not allowed to conduct any cryptocurrency-related transaction.

India is one of the biggest video gaming markets in the world, but the future of NFT and blockchain-based games in the country hangs in the balance.

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India Plans To Ban Crypto

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Related P2E Games: Play To Earn Crypto, NFT, Web3

vEmpire: The Beginning – Game Review

vEmpire: The Beginning is a revolutionary game that was a pioneer in the world of the metaverse. With properties and assets on all major platforms, vEmpire has been leading the way in virtual reality for years. But vEmpire is more than just a game. It’s a decentralized autonomous organization (DDAO) that gives players the independence and freedom to make important decisions about their virtual world empire. vEmpire is a play-to-earn, two-player, trading-card, strategy game that lets players compete against each other to conquer territory using their troops. The game is set in the Roman folklore of Romulus and Remus, two legendary brothers who have spent a long time building their armies. In the game, the two brothers battle for the throne after their father’s death. Romulus is the man of the people, while Remus is power hungry and will stop at nothing to seize the throne. Players must choose which army to join, and each clan has 51 cards at their disposal. Players must choose 25 cards, and 15 are automatically assigned to enter a battle. Join vEmpire: The Beginning today and conquer the metaverse for glory! vEmpire: The Beginning Tokenomics: The in-game token is called $VEMP and in order to enter a battle, they are required. Moreover, the amount $VEMP will decide your opponents and the earnings of that battle. However, there is also a free-to-play option in the game. It is a 3-round battle mode, and each next round is played with the surviving cards from the previous round. The game is simple but very tactical giving it an exciting experience of power show and earnings. Come and join the empire and rule together with the fraternity.

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Kingdom Karnage: The Revolutionary NFT Card Game

Kingdom Karnage is a card game unlike any other in the NFT/cryptocurrency format with a huge range of cards. These cards let players fight battles for dominance in the Kingdom. Kepithor Studios is behind the creation of the game. Kingdom Karnage is simple in its format but requires dedication, skills, and strategy to progress. In order to participate in the battle, each player would begin with an army of 30 cards with the goal of defeating the enemy card army by reducing their health before they reduce yours. This is achievable by attacking the opposition cards through various attacks, spells, and combinations. Furthermore, players can upgrade cards by adding weapons, defense, and pieces of equipment. The variations in attacks are possible by combining together different cards, or either defending or attacking the opposite arsenal of cards. Kingdom Karnage Game Modes: Weapons and avatars of fighters are more than just in-game assets as they have real-life value as they are integrated with the Enjin coin and can be traded on the Enin Jumpnet blockchain. The game has various gaming modes including campaign mode (in order to advance to the next campaign the previous one needs to be completed); challenge mode (the normal fighting PvP mode); endurance mode (kill as many opponents before you are defeated); PvP mode (ranked 1v1 is the simple mode and balanced 1v1 is the advanced mode); dungeons mode (including normal dungeons, event dungeons, and multi-layered catacombs); and finally, the King of Karnage mode (the current king gives you the option to keep the throne or move to the next level) for battle. As Kingdom Karnage is a P2E card game, the players can earn blue gems or rare red gems by winning a challenge or completing a mission. Moreover, players can also buy new cards or upgrade the old ones, or trade on the Enjin Jumpnet marketplace for real cash. Kingdom Karnage battle game has it all.

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Momoguru: Legends of Uno – Game Review

Set in the fantastical world of Uno Plane, Momoguro: Legends of Uno is a story-focused digital collectible role-playing game (RPG). In Momoguro: Legends of Uno, players take on the persona of a Holoself avatar, venturing on captivating quests to obtain special Momo NFTs. However, as they explore and partake in narrative-driven gameplay, players can assemble formidable Momobeats by customizing and strengthening fantastical creatures. The primary objective is to safeguard the world of Uno from imminent destruction. Unlocking new quests, collecting unique Momos, combining them, and fulfilling story missions are key to progress in this engrossing adventure. With a focus on personalized storytelling, team customization, and Uno’s preservation, Momoguro promises a unique and immersive RPG experience. Players can potentially profit by collecting valuable Momo NFTs, participating in lucrative events, showcasing skills in competitive gameplay, and providing services to fellow players. In the tale of Momoguro, the Uno Plane finds protection through the formidable Holoselves. These digital collectibles grant access to the storytelling RPG, Momoguro: Legends of Uno, and its expanding franchise. Additionally, the Uno Plane is home to remarkable creatures known as “Momos,” each possessing the unique power of Momoguro, enabling them to fuse and combine with others. Also, this fusion gives rise to Momobeasts, hybrid beings that wield the collective strengths of their constituent creatures.

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BR1 – Game Review

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Best P2E Games list 2024

India Plans To Ban Crypto

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.