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Neon Machine Revamps SHRAP Token Schedule for Shrapnel

Neon Machine's Strategic Update on SHRAP Token Unlock Schedule In an ever-evolving landscape of blockchain gaming, Neon Machine, the innovative studio behind the notable game Shrapnel on Avalanche, has unveiled a significant revision to its SHRAP token unlock schedule. This strategic adjustment aims to enhance the long-term utility of the token while aligning with the project’s ambitious roadmap. Key Highlights of the Revised Token Unlock Schedule Reduction in April Unlocks : The unlocks for various token holders will be reduced by nearly 75% this April, while community reward pool emissions and ecosystem fund unlocks will proceed as initially planned. Non-Linear Structure : The new schedule introduces a non-linear release structure, starting with a lower unlock rate that is expected to accelerate as the user base and token utility grow. Stakeholder Impact : This revision affects the unlock schedules for team members, advisors, seed token holders, and strategic token hold...

Crypto Gaming Buzz: Latest News and Insights

The Thriving World of Crypto and NFT Gaming: A Weekly Overview

The crypto and NFT gaming landscape is experiencing a remarkable surge, with an ever-expanding array of developments that captivate enthusiasts and investors alike. From token airdrops to exciting game launches, the sector is bustling with activity that demands attention. For those looking to stay informed amidst this whirlwind, Decrypt's GG introduces This Week in Crypto Games, a curated roundup of the most significant happenings in the crypto gaming world.

Major Highlights from the Week

Huge PIXEL Launch

  • Event: The highly anticipated PIXEL token launched last Monday.
  • Impact: The token achieved over $1 billion in trading volume within the first day, catapulting it into the top 10 most traded coins.
  • Airdrop: Play-to-earn participants received their tokens, further fueling excitement in the community.

Portal Breaks Records

  • Upcoming Launch: The cross-chain gaming token Portal is set to debut on Binance on February 29.
  • Launchpool Success: The crypto exchange's Launchpool campaign allows users to stake BNB and FDUSD for PORTAL rewards, leading to over $8.6 billion staked on the first day, marking it as the most successful Launchpool project yet.
  • Expectations: Final airdrop details are anticipated before the official listing.

Play N64 on Bitcoin

  • Innovation: Following the success of a Super Nintendo emulator inscribed on the Bitcoin blockchain, the developers of the Ninjalerts app have introduced a Nintendo 64 emulator.
  • Goal: This initiative aims to preserve classic video games, with accessibility granted to owners of Pizza Ninjas assets on Ordinals.

Security Breach in Ronin Network

  • Incident: Approximately $9.5 million in Ethereum was siphoned from two wallets belonging to Jeff "Jiho" Zirlin, co-founder of Ronin and Axie Infinity.
  • Details: The stolen funds were routed through the coin mixer Tornado Cash, complicating tracking efforts.
  • Clarification: Zirlin confirmed that the breach affected personal wallets only, and did not compromise the Ronin network, Ethereum bridge, or developer Sky Mavis.

Additional Insights

As the crypto gaming landscape evolves, it is essential to remain vigilant and informed. The weekly roundup not only highlights significant events but also offers a glimpse into the innovative projects shaping the future of entertainment and investment in the digital age.

For those new to this exciting field, consider exploring resources like Crypto & NFT Gaming for Beginners - The Complete Guide: Earn Money Playing Blockchain Games & Trading NFTs. Furthermore, securing your digital assets is paramount. The Ledger Nano S Plus (Retro Gaming) is an excellent entry-level hardware wallet for managing your crypto and NFTs securely. For those who are always on the go, the Ledger Nano X (Retro Gaming) offers Bluetooth® capabilities for easy access to your digital assets.

By staying up-to-date with these developments, one can better navigate the dynamic world of crypto and NFT gaming, ensuring an informed and strategic approach to participation in this exciting frontier.

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