Adoption News
A new version of the Monopoly board game called “MONOPOLY: World of Women (WoW) Galaxy Edition” will soon be released, featuring elements of the decentralized economy and using Ethereum (ETH) as its currency. The game, created by World of Women (WoW) and WS Game Company under license from Hasbro, will also include custom gold-toned tokens representing popular Web3 communities such as Board Ape Yacht Club, VeeFriends, CryptoPunks, CloneX, and Cool Cats.
Gaming News
Tokens.com has launched a customized game called “Woolen Warfare” on the popular Fortnite platform for Canadian sleep technology company Polysleep. The game was developed by Tokens.com subsidiaries Metaverse Group and Hulk Labs using Fortnite Creative 2.0 in Unreal Editor For Fortnite (UEFN). Tokens.com is also developing expertise to launch games and apps for the new Apple Vision Pro.
Blockchain News
According to Messari’s latest ‘State of Ethereum’ report, Ethereum’s Layer-2 networks saw the majority share of activity in the third quarter with the launch of Base and the popularity of Friend.tech. Layer 2 solutions are gaining traction due to their focus on decentralization and security.
Hack News
In 2023 alone, there have been 297 crypto hacks resulting in a loss of $1.89 billion. Since 2011, crypto-related entities have lost a total of $12.36 billion due to hacks, with contract vulnerability and flash loan attacks being common methods.
Regulation News
The European Securities and Markets Authority (ESMA) stated that decentralized finance (DeFi) does not currently pose a significant risk to financial stability. However, the ESMA highlighted potential risks such as liquidity and counterparty risks, as well as vulnerability to scams and illicit activities.
DeFi News
The DAI-centric DeFi lending platform Spark Protocol has deployed on Gnosis Chain, marking its expansion beyond Ethereum and becoming the first MakerDAO-powered DeFi product on a blockchain other than Ethereum.
Hot Take: Crypto Adoption in Mainstream Games Continues to Grow
The inclusion of cryptocurrency elements in popular board games like Monopoly and the integration of blockchain technology in games like Fortnite demonstrate the increasing adoption of crypto and decentralized finance in mainstream gaming. This trend not only introduces these concepts to a wider audience but also showcases the potential for innovative financial products and improved security within the gaming industry. As more games embrace cryptocurrencies and blockchain, we can expect further integration and exploration of these technologies in the gaming world.
Wyatt Newson emerges as a luminary seamlessly interweaving the roles of crypto analyst, dedicated researcher, and editorial virtuoso. Within the dynamic canvas of digital currencies, Wyatt’s insights resonate like vibrant brushstrokes, capturing the attention of curious minds across diverse landscapes. His ability to untangle intricate threads of crypto intricacies harmonizes effortlessly with his editorial mastery, transmuting complexity into a compelling narrative of comprehension.