Unstoppable Domains Partners with The Sandbox to Launch Metaverse Experience
Web3 domain names and digital identity provider Unstoppable Domains has teamed up with decentralized metaverse The Sandbox and Web3 gaming collectives Tuschay Studios and BoopGoop to introduce Unstoppable Experience.
According to the press release, this marks Unstoppable Domains’ foray into metaverse creation, offering users tools to own unique avatars and digital assets that can be used across all games in The Sandbox. Each collectible represents the player’s identity and achievements within the game.
The live multiplayer game, known as Unstoppable Experience, involves up to four players competing to paint the most tiles in the MetaCube using their avatars. Real-time interaction among players is enabled, and there is an exclusive hangout lounge on Unstoppable Domains’ land for UD domain holders to connect and collaborate. A marketplace features exclusive wearable items for avatars, and participants in the first week will receive a free collectible.
Sandy Carter, COO and Head of Business Development at Unstoppable Domains, believes that this partnership showcases how digital identity can become an integral part of the gaming universe.
Stablecoin Trading Volumes Increased 27% in December, Highest Level in 2023
As of January 16, the stablecoin sector experienced significant growth with a total market capitalization of $134 billion, marking a 2.45% increase according to a report by on-chain analytics firm CCData. This is the highest value since February 2023 and the fourth consecutive month of growth.
In December, stablecoin trading volumes surged by 27.6% to $995 billion, reaching the highest figure of 2023. The report also states that volumes on centralized exchanges (CEXs) are projected to surpass this figure in January, with $579 billion traded halfway through the month.
TrueUSD’s price dropped below parity on January 15, reaching as low as $0.9841. Its market cap also fell by 18.5% to $2.10 billion in January. Trading volumes for TUSD pairs remained suppressed, recording a monthly volume of $6.95 billion in December, nearly 90% lower than the peak in June.
On the other hand, PayPalUSD (PYUSD) achieved an all-time high market capitalization of $264 million in January, increasing by 12.9%. Its monthly trading volume in December reached $190 million, a 175% rise from November. As of January 15, PYUSD’s trading volume for the month had already exceeded its previous all-time high, reaching $230 million.
ChuanQi IP Releases Story Movie For Its New Blockchain-Based Game
ChuanQi IP, a subsidiary of South Korean gaming giant WEMADE, has unveiled the story movie for its new blockchain-based idle RPG called MIR2M: The Grandmaster.
The video depicts the background story of the Central Continent and showcases the attacks by demons who have taken control of the continent from its original inhabitants. The latter are forced to flee to the Empyrean Isle to escape the onslaught.
Pre-registration for MIR2M: The Grandmaster is available on the official website, Google Play, and Apple App Store starting from January 11. Pre-order gifts include a Shadow Master Transfer Card, Grade 4 Legendary Equipment Box, and a limited-edition costume.
Hot Take: Unstoppable Domains and The Sandbox Partner to Launch New Metaverse Experience
Unstoppable Domains’ collaboration with The Sandbox to launch the Unstoppable Experience represents a significant step in the integration of digital identity and blockchain technology in the gaming world. This partnership allows users to own unique avatars and digital assets that can be used across multiple games within The Sandbox metaverse. The live multiplayer game offers an engaging competition for players, with real-time interaction and exclusive features for UD domain holders. Additionally, the surge in stablecoin trading volumes reflects the growing popularity and adoption of stablecoins in the crypto market. As the stablecoin sector continues to expand, it presents new opportunities for investors and traders alike. Lastly, ChuanQi IP’s release of the story movie for MIR2M: The Grandmaster showcases the potential of blockchain-based games to offer immersive storytelling experiences. With its pre-registration available, anticipation is building for this new idle RPG.
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