Nine Chronicles is a blockchain MMORPG powered by the players, set in a world that can never be shut down. Governed by the community, and supported by a complex economy where supply and demand are the greatest currency, Nine Chronicles invites you to aid the goddess Freya in her eternal struggle against an evil ravaging the land.
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At the Multiverse Summit hosted by Saga, a leading Web3 infrastructure protocol, Liao from Saga unveiled several groundbreaking innovations aimed at transforming the gaming and entertainment industries. The summit took place aboard a yacht on the Rhine River during Gamescom 2023 in Cologne, Germany, and showcased Saga’s commitment to revolutionizing the gaming landscape.
Key highlights from the summit included the introduction of the latest version of the Saga protocol called Pegasus. This version enables developers to launch fully decentralized dedicated chains called chainlets using the power of Inter Blockchain Communication (IBC), enabling seamless communication between chainlets and other blockchains. This advancement not only fosters growth and improvement but also frees developers to focus on enhancing the gaming experience rather than dealing with backend technicalities.
An integral component of Saga’s technological innovations is the Saga Ethlet, an Ethereum scaling solution. This unique approach leverages sidechains for rapid deployment while benefiting from Ethereum’s secure network. The Ethlet offers a user-friendly one-click deployment process, potentially making it a promising option for scaling Ethereum and elevating Web3 gaming.
Liao emphasized that Saga’s Multiverse Summit aimed to position Saga as a leader in Web3 game development platforms. The summit featured over 34 speakers from prominent companies like Unity, Samsung, and The Sandbox, discussing the convergence of blockchain technology and gaming. Attendees experienced immersive interactions aboard the Blue Rhapsody yacht, engaging with Saga’s games, characters, and stories.
Saga’s Innovator program, responsible for adding 224 projects in under a year, with 80% focusing on gaming, underscores the company’s commitment to driving innovation in the industry. The launch of generative AI projects, along with games like Shrapnel, Cosmic Exodus, and AILAND’s shooting game, underscored the growing momentum of Web3 game development within the Saga ecosystem.
Liao conveyed that Saga’s blockchain is distinguished by its speed, affordability, and improved performance. As the company readies its testnet to assess scalability before the mainnet’s launch, Liao expressed interest in decentralization and plans to hire additional validators. The projected cost of around $500 per chain per month suggests a cost-effective approach to businesses. Liao’s vision underscores Saga’s dedication to refining its coin setup and creating an ecosystem that celebrates creative expression and collaboration.
In conclusion, Saga’s Multiverse Summit showcased the company’s latest technological strides in Web3 gaming and entertainment. With innovations like Pegasus and the Saga Ethlet, Saga aims to transform the industry’s landscape while fostering collaboration and creative freedom within the gaming and entertainment realms.
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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.
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