The $7 million USD private sale saw participation from major industry players including but not limited to Dragonfly, Defiance, Three Arrows Capital, Mechanism, Sfermion, Spartan, and Overwolf to contribute to the ongoing development of the game.
Angel investors include the first pro-gamer Dennis Fong aka Thresh, Stephen Lim, Co-founder of Valorant and Raid Base, Brian Lee, Co-founder of The Honest Company, Keith Nunziata, Portfolio Manager at Citadel Global Equities, and Jason Zhao, Partner at Kleiner Perkins, amongst others.
The news follows a $10.5 million USD seed funding round led by Griffin Gaming Partners, alongside Polychain Capital and Forte, which took place last October. Since then, the Shrapnel team has grown from seven full-time employees to 30 employees, with hiring efforts ongoing.
Spun-out from HBO Interactive, the Shrapnel team has unmatched experience in transmedia, virtual production, and gaming-as-a-service.
Comprised of BAFTA and Emmy award-winning game industry veterans hailing from some of the world’s leading game companies including Xbox, Electronic Arts, and LucasFilm, amongst others, the Shrapnel team will combine compelling competitive gameplay, with a rich set of community creator tools to deliver an ever-evolving game experience.
Never-before-seen details of Shrapnel’s gameplay released in today’s White Paper describe a tense, competitive environment that creates new immersive player experiences. In this world, a massive asteroid has caused meteorites to bombard a large stretch of Earth, leaving an area known as the Sacrifice Zone uninhabitable and walled off from the rest of the world.
Many speculate about what is being uncovered by guards there, with rumors swirling about a mysterious material called Sigma. Nations and corporations begin assembling their own military and extraction forces and a bloody war rages to control the Sacrifice Zone and its many secrets.
“Community involvement will drive gameplay and development at every stage in Shrapnel including design, roadmap, and aesthetics. Creators will be able to design maps, weapons, and other vanity items to exchange in our marketplace. In line with our belief of decentralized design, players who participate in all aspects of the game will receive reputational scores and get to provide input into game decisions. Ultimately, Shrapnel will be handed over to players, so putting the right controls in place to empower and moderate them is key.” – Don Norbury, Head of Studio at Shrapnel
In March, Shrapnel also unveiled plans to build on the Avalanche blockchain, capitalizing on the high degree of customization and flexibility that it offers for ever-evolving projects.
With its high speeds and processing power, Avalanche is well-equipped to enable the quick loading speeds and smooth player experience that Shrapnel players will expect.
The White Paper and further details of the game can be found here.
Sender Wallet, a browser extension wallet built on NEAR, announced it has received seed round financing from Binance Labs and MetaWeb Ventures; the investment will help the Sender team to expand its development and ecosystem team.
Offering a one-stop wallet management solution, Sender has various built-in features such as sending and receiving digital assets, instant swap, NFT gallery, and staking. Sender Wallet supports four mainstream browsers: Chrome, Brave, Edge, and Kiwi, and is integrated with top NEAR ecosystem projects.
“NEAR has always placed a great focus on making crypto easy to use, so even mainstream users who are not familiar with crypto yet can be onboarded. As a result, The NEAR ecosystem has been growing at an amazing pace over the past year. With the official launch of Sender Wallet, we hope to provide NEAR users more secure asset management with a fast, smooth user experience.” – Kenny, Founder of Sender
Already, Sender has integrated and partnered with the largest DEX on NEAR — ref.finance, the largest NFT market on NEAR — Paras.id, as well as the largest DAO platform AstroDAO.
In the near future, Sender plans to strengthen security by working with SlowMist, launching a mobile version wallet, and adding more multichain support.
GENERAL BYTES, a bitcoin and crypto ATM manufacturer, has announced this week the launch of its newest model, the BATMTwoUltra. This latest machine is loaded with the newest features while offering operators the same qualities they are familiar with from the BATMTwo series.
Benefits
The BATMTwoUltra comes with the additional option to configure the ATM for bidirectional (cash to crypto, crypto to cash) operations.
Another advantage is that it is no longer required to manually assemble the unit upon delivery because the head and the stand are no longer separate units, saving the operator, valuable time when deploying machines to new locations.
Also, the new BATMTwoUltra offers an optional extended recycler system called BNR that will be able to dispense up to 15 bills simultaneously. Furthermore, support for S&G or Kaba Mas auditable locks is standard, a necessity for operators relying on 3rd-party armored vehicles for cash collection.
There is also a choice to select 600, 1,200, and 1,400 acceptor/recycler capacities so that the BATMTwoUltra can serve the busiest of locations. Bidirectional support is available when opting for a configuration with a recycler, opting for the BNR extended recycler offers both high speed and security.
The recycler module enables dispensing banknotes inserted into the BATMTwoUltra by other customers and can recycle up to 180 banknotes. Adding a recycler to a configuration increases the initial price of the BATMTwoUltra, but it reduces operator visits to the ATM by up to 50%, saving on expenses in the long run.
The GENERAL BYTES team presenting its newest BATMTwoUltra at the Bitcoin 2022 conference
“We’ve collected client and end-user feedback for years and incorporated it into our latest model, the BATMTwoUltra. A workhorse designed to be a perfect fit for any location that offers optional bidirectional operations using the latest in recycler technology. Many Bitcoin 2022 conference attendees already had the opportunity to test it live, and they gave us some raving reviews, but now it’s your turn to discover this brand new Bitcoin ATM!” – GENERAL BYTES CEO, Vojtech Frgal
EQIFi, a decentralized finance (DeFi) platform for lending, trading & investing, backed by a regulated bank, has announced the launch of its mobile application, providing enhanced access to the EQIFi product suite.
Notably, the app now provides access to the EQIFi yield aggregator which offers up to 70% APY. Furthermore, the app offers peer-to-peer crypto transfers with zero fees, access to a variety of crypto wallets, and the ability to make purchases in crypto through DeFi credit cards.
App users have access to a variety of blockchains including Bitcoin (BTC), Ethereum (ETH, USDT, EQX, USDC), and Binance Smart Chain (EQX, and soon BNB). Users can engage with the yield aggregator product through their BTC, ETH, USDT, and USDC holdings directly on the app.
“The app will allow users to interact with EQIFi’s Yield Aggregator (which brings up to 70% APY), zero-fee P2P transfers, staking, and a state-of-the-art wallet ” – Ioana Frincu, CTO of EQIFi
In addition to this, users have increased access to EQIFi’s native EQX token.
EQX allows for in-app access to the EQIFi product suite, staking rewards, increased LTV, and bonus APY. Custody for user assets on the EQIFi app is provided in partnership with Ledger.
EQIFi’s app is available to download now on Google Play and soon from the App Store.
BlockSpaces, a blockchain node infrastructure provider, has announced that it will soon launch its Lightning Connect; a simplified, non-custodial Lightning Network node management solution designed to enable fast, low-fee bitcoin (BTC)-based payment processing.
The Lightning Network is a layer two protocol that locks transactions in off-chain smart contracts via a mechanism called “channels” which are tied to on-chain bitcoin transactions.
As such, the protocol upholds the security of Bitcoin while enabling faster transactions.
With this addition, BlockSpaces continues to expand its infrastructure which currently supports over 10,000 blockchain nodes across the world.
Management with the BlockSpaces Platform
Lightning Connect will add auto-provisioning and management of Lightning nodes for businesses to simplify using the network while retaining full ownership and control of their funds.
Users can manage their node via the BlockSpaces interface where balances of bitcoin, recent invoices (through the integration of a BTCPay app), and an overview of channels and liquidity will be displayed.
A wide variety of apps are available through the Lightning Connect app directory
“We’re very excited to announce our enterprise-grade Lightning nodes. This has been a long time coming, as I have been interested in and watching the development of the Lightning Network progress for years.” – Gabe Higgins, Co-Founder & Chief Blockchain Officer of BlockSpaces
BlockSpaces will be a premier Lightning Service Provider (LSP), offering “Super Channels.”
Those looking to use Lightning no longer have to manually manage nodes or channels and can now take advantage of auto-balance, receive, and send specified amounts that scale with channel activity.
Lightning Connect brings users fully managed infrastructure and operations to manage liquidity while reducing capital and resource requirements to run Lightning nodes.
Lightning Connect is an onramp to the Lightning Network
The Lightning Network improves Bitcoin’s scalability in key areas:
Fast transactions – Transactions can be settled instantaneously. Speeds native to the internet.
Low transaction fees – Fees are minuscule over Lightning. Less than a penny.
High throughput – Lightning can handle tens of millions of transactions per second.
Security & Privacy – Since transactions are off-chain, it is hard to trace payments over the network.
Recently, BlockSpaces closed a $6M funding round to ramp up development and accelerate growth.
After introducing the SolidProof Automated Auto Tool (SAAT), German blockchain audit company SolidProof will now make the product available on a large scale.
The developing team plans to release this significant update by the end of April, and soon users will be able to get their hands on this tool.
New Feature Available for Everyone
In order to detect faults, mistakes, and inefficiencies in any DeFi project’s smart contract, SAAT uses pre-installed parameters. SolidProof’s team accurately provides audit reports on time and transparently.
As a result, SolidProof can examine quite complicated smart contracts thanks to its automated audits. Anyone familiar with smart contracts will quickly understand how challenging it can be to audit every one of them manually, which is why this feature attracts the market’s interest.
After the automatic review, SolidProof auditors deliver an audit report to the project development team. The severity of vulnerabilities is evaluated in this deliverable using three levels: critical, medium, and low.
The auditors then provide suggestions for resolving any remaining issues or inefficiencies in the system. They work with the project’s backers to resolve any flaws that have been discovered. In the end, the team produces the final audit report and a certificate proving that the project is safe for widespread usage.
As mentioned, the plan is for SolidProof’s new tool at the end of the current month, promising to have an essential service for blockchain projects to detect hard-to-find vulnerabilities. The system will play a key role in boosting DeFi projects’ safety and building trust with their customers.
Other Developments at SolidProof
To understand the success of SolidProof, one can find it helpful to look at the project “live tracker” feature that the audit company introduced in November 2021. This counter shows over 500 projects in SolidProof’s ecosystem, indicating that the group has knowledge that goes beyond 1,000 crypto projects.
Among the teams that decided to trust SolidProof include Cult DAO, UniCrypt, Kryxivia, and Arker.
Finally, SolidProof announced it will expand its business in the Asian market. The team wishes to introduce several tools to overcome language obstacles and raise the level of verification for Asian professionals and documents providing KYC services.
Wintermute, an algorithmic market maker in crypto-assets operating since 2017, today announced Wintermute NODE, its flagship platform that allows institutional investors, blockchain natives, and high net worth individuals superior access to OTC crypto trading.
The new Wintermute NODE platform stands out on three major fundamentals: variety & flexibility, efficiency, and trustworthiness.
Variety & Flexibility
Wintermute NODE allows trading of any token, any product, in any way (web interface, API, chat), anytime. Counterparties have access to the same tokens Wintermute algorithms trade across a wide range of CeFi and DeFi venues. Plus traders will have access to perpetuals, futures, CFDs, and NDFs.
List of Assets Includes:
Top 25 tokens by market cap
Key tokens in DeFi ecosystems, including Ethereum and L2s, Solana, Terra, and more
All major fiat currencies
Stablecoins that make it possible to trade virtually any pair
Note that the Wintermute team is continuously increasing the number of tokens it covers.
Wintermute NODE Web Interface:
A new user-friendly click-to-trade platform gives access to top-tier proprietary pricing to a much wider audience than previously possible. Now traders don’t need to spend scarce IT resources to connect to an API, it’s now viable to trade directly with Wintermute.
Wintermute NODE API
Access is a core feature of NODE that enables more bespoke integrations or institutional needs — multiple crypto-native and traditional finance order/execution management systems have routed their clients enabling doing thousands of trades every day with a flexible mary settlement routine allowing them to serve their customers better and achieve true best execution.
Combined together, the variety in token coverage, execution type, and tailored derivatives aims to differentiate NODE from other single dealer platforms.
Efficiency
Pricing
Wintermute NODE uses the exact same pricing as the algorithms used in its proprietary trading business. Algos run 24/7 on 60+ centralized and decentralized exchanges, with liquidity over $5M traded per day.
Zero Service Fees
By connecting to Wintermute NODE directly, traders have access to the source of liquidity bypassing any intermediaries and their explicit or hidden fees.
“Wintermute NODE is not just another single dealer platform! It is going to be the home for all things OTC trading and our roadmap of new products, and new features are extremely ambitious. By onboarding to Wintermute NODE, you would be the first to know about all the new additions!” – The Wintermute Team
Coinweb, a layer-2 cross-computation platform, today announced that it has received its digital asset exchange license in Lithuania, allowing the company to operate not only within the country but with all other European countries, barring conflicting regulations. Coinweb’s regulatory approval will allow the platform to act as a virtual currency operator for both deposit and exchange.
The Lithuanian license will help deliver liquidity to Coinweb’s projects by enabling the platform to enter relationships with traditional financial institutions. Additionally, the acquired license will facilitate Coinweb’s wallet operation with fully-integrated fiat rails, allowing Coinweb’s incubated customers to issue and sell tokens to their customer bases under Coinweb’s regulatory umbrella.
Coinweb is actively working towards acquiring new licenses to meet the regulations of various worldwide jurisdictions. As one of the earliest members of the European Blockchain Partnership (EBP), Lithuania participated in the declaration to support the delivery of cross-border digital public services while adhering to established standards for security and privacy.
“Interoperability platforms such as ours are designed to be nimble, and we apply the same values structurally so that Coinweb and its partners can react quickly to change and innovation. With this license from Lithuania and more in our future from various jurisdictions, Coinweb will be able to deliver greater liquidity and enable projects to provide on- and off-ramp services for fiat, which is key to the growth of the space.” – Toby Gilbert, Coinweb CEO
Alongside the acquisition of the license, Coinweb is working to strengthen its operations and build new projects on the platform that will be launched later this year. New innovations include a function to ensure regulatory compliance for projects that require cross-chain token issuance.
BitPay, a bitcoin & crypto payment platform, today announced support for Lightning Network payments. Now, BitPay merchants and their customers have access to cheaper, more scalable bitcoin payments.
The combination of payments made through the main bitcoin blockchain and through the Lightning Network results in an overall better payment experience that is fast, low cost, and scalable.
Payments can be made through Lightning Network-supported wallets like Strike, Cash App, and others. No additional setup or configuration is required for BitPay merchants to accept Lightning payments.
Benefits of Lightning Network
Lightning Network is a secondary layer of the blockchain that enables scalable transactions with low fees. It was created to improve the cost and scalability of bitcoin transactions.
Merchants and their customers can make “off-chain” transactions without jamming the main blockchain, while still receiving the same security and convenience of blockchain-based payments.
Fast transactions – Performing smaller transactions on the Lightning Network reduces congestion on the main blockchain, speeding up transactions across the board.
Low transaction fees – Fees on the Lightning Network are just a fraction of a cent. For merchants, this means more customers spending crypto. For customers, this means that paying with crypto is as efficient as any other payment method. Additionally, micropayments become more economical.
Scalability – Lightning Network can process hundreds of thousands more transactions per second than the main Bitcoin blockchain.
“BitPay’s integration with the Lightning Network offers customers more choice and merchants more ways to be paid leveraging blockchain technology.” – Tony Gallipi, BitPay’s Co-Founder
LongHash Ventures, an accelerator & investor in blockchain projects, has announced a new partnership with Terraform Labs to launch the LongHashX Accelerator Terra cohort. The partnership will open up the LongHashX Accelerator, first established in 2018, to startups building in the Terra ecosystem.
Recently, Terra has become the second-biggest blockchain by total value locked (TVL).
Terraform Labs embarked on this partnership because of LongHash Ventures’ strong track record of accelerating and investing in leading Web3 protocols.
This partnership is a continuation of LongHash Ventures’ accelerator partnership model, having partnered with notable ecosystems such as Polkadot, Filecoin, Algorand, and others in the past.
In addition, LongHash Ventures brings recognized thought leadership in Web3-native topics and opens access to its network of investors and founders.
The primary objective of the partnership is for LongHash Ventures to accelerate and invest in the next generation of leading Web3 protocols building on the Terra blockchain. The LongHash Ventures team is confident that this is only the first of many opportunities to collaborate with Terraform Labs.
“As we significantly scale up our LongHashX Accelerator program in 2022, we are thrilled to partner with Terra to run our next cohort. We have been very impressed by the protocols and development of the Terra ecosystem, and we are very excited to continue to expand our accelerator partnership model with one of the leading Web3 ecosystems. The collaboration gives us an opportunity to accelerate and invest in the next generation of projects building on Terra.” – Emma Cui, Founding Partner of LongHash Ventures
Ten projects will join the LongHashX Accelerator Terra cohort and will go through a 12-week program, starting in June 2022. Projects will receive guidance and support across six areas: product strategy & design, tokenomics, governance, tech mentorship, community building, and fundraising.
The LongHashX Accelerator will also host weekly workshops and fireside chats with industry leaders, plus host weekly one-on-one problem-solving sessions with venture builders and weekly mentor office hours. At the end of the program, there is a ‘Demo Day’ where the startups will be able to pitch to investors.
“The LongHashX Accelerator has a consummate track record as one of the most successful programs for accelerating Web3 startups. The new Terra cohort unlocks a streamlined pathway for builders to pursue bold ideas replete with first-class resources, workshops, and guidance – further accelerating a wave of innovation in the Terra ecosystem.” – Do Kwon, Co-Founder & CEO of Terraform Labs (TFL)
LongHashX is the accelerator program of LongHash Ventures and is the first and leading Web3 accelerator in Asia. LongHash Ventures is one of the few venture capital firms to run its own accelerator program and offer teams full support every step along the way.
Teams and projects interested in applying for the program can do so directly here.
Ubitquity, an enterprise blockchain-secured platform for real estate and title recordkeeping, announced today that it has secured a Reg D side-by-side investment from New York City-based 44 Capital Management, a multi-strategy venture fund investing in blockchain technologies.
”The Ubitquity team has been building a product that will sync blockchain technology with real-world utility, which will ultimately deliver an enhanced, secure, and scalable real estate recording process to the masses.” – Coley O’Brien, General Partner at 44 Capital Management
With a mission to ensure a highly secure, digital, and immutable record of title and ownership history for all parties involved, Ubitquity is building out a scaled solution that integrates software platforms to seamlessly settle real estate transactions with cryptocurrency.
“The staff at Ubitquity and I are extremely excited and honored to have 44 Capital Management lead the way with us as we bring innovative solutions to the global real estate markets.” – Nathan Wosnack, Founder & CEO of Ubitquity LLC
Breez will use Blockstream’s Greenlight to further build out its platform offerings, which already include a non-custodial wallet, a point-of-sale app for merchants, and a native podcast player.
By leveraging Greenlight’s hosted, non-custodial solution, Breez can concentrate on building tailored solutions for each use case without integrating a dedicated node into each application.
All applications can share the same backend node, simplifying management and consolidating funds that would otherwise be split across multiple apps. At the same time, Greenlight will integrate with the Breez LSP, providing its users with advanced liquidity and connectivity services.
“For the past three years we’ve been using the Breez mobile app as a playground to see how people can interact with the Lightning economy. We launched several new services like our point-of-sale and podcast player to become a sort of Lightning swiss army knife. Greenlight allows us to take the next evolutionary step in our quest to build a sovereign and scalable Lightning platform.” – Roy Sheinfeld, Breez CEO
Greenlight is powered by the modular and extensible open-source implementation, Core Lightning…
Its low resource footprint is one of the many advantages that allow Blockstream to provision nodes more efficiently and cost-effectively than other providers on the market.
Some of Greenlight’s other benefits include:
Secured: Greenlight is 100% non-custodial. While the nodes run on Blockstream infrastructure, the operations team never has access to user funds, and transactions are always verified on a user’s device before signing off on them.
Low-Cost: The leanness of Core Lightning and Greenlight’s ability to stay offline when not in use keep users from incurring unneeded costs.
One-User, One-Node: Unlike bundling a node with a front-end app, Greenlight allows users to share a single node among many front-ends, saving on on-chain fees and improving fund control.
Easy Recovery: When a user loses a phone, it will not mean losing bitcoin. Since Blockstream manages databases and backups, recovering funds is as simple as initiating a new front-end with a seed phrase.
KuCoin's native token, KCS, is on a bullish run, trading above the $20 support level against the Tether (USDT). KCS must break through $22 to begin a new upward trend in the near term. The majority of the uptrend in KuCoin price is driven in conjunction by the release of the KCS whitepaper by the KCS Management Foundation and the KCC. It is a decentralized public chain created by the KuCoin fan community and KCS fan community.
Let's go over the key points of the KCS Whitepaper to see why the KuCoin Token is gaining popularity. In addition, we will reveal the most recent technical analysis and future prospects for the KuCoin Token price.
KuCoin Token (KCS): Explained
The KuCoin Token, abbreviated KCS, was first issued as an ERC-20 token on the Ethereum blockchain in 2017 and was migrated to KCC in 2021. KCS is also the KCC ecosystem's native token, with a total number of tokens in circulation of 200 million. Through measures such as repurchase and burning, the number will be reduced to 100 million.
The KCS whitepaper also states that KCS will develop a payment system and a Web 3.0 ecosystem to support KuCoin's Web 3.0 strategy, by investigating and implementing the following areas: DIDs, NFT ownership rights, management and transactions, and the development of a metaverse network platform.
Refer to the KuCoin blog post for more details about KCS Whitepaper and the 20 million KCS Burn.
KuCoin (KCS/USDT) Technical Outlook
KuCoin exchange's native token, KCS, is on a bullish streak this week, thanks in part to the publication of the KCS whitepaper. KCS/USDT is currently trading with a bullish bias at $21.20, and there is still significant upside potential. This section will look at the daily and weekly time frames and provide an analysis of the KCS/USDT trading pair.
KuCoin Token Price Analysis - Daily Chart
Beginning with the daily chart, the KuCoin Token formed an ascending triangle pattern, which extended strong resistance at the $20.85 level. Ascending triangle patterns have a proclivity to break on the bullish side. As a result, crypto traders have reacted in the same way. The KCS/USDT has already broken through the $20.85 resistance level, which was extended by a triple top and ascending triangle pattern. This resistance level has flipped to support, and that's the reason the KuCoin token is now moving north.
On the upside, the $23.60 level serves as immediate resistance for the KCS/USDT coins. Given recent developments on the KuCoin exchange, a surge in demand could push the coin past the $23.60 level and up to the $27.60 resistance level in the coming days.
KCS/USDT Chart on the Daily Timeframe | Source: KuCoin
The leading technical indicators, such as the RSI and MACD, show that the KCS has a strong bullish bias. The MACD (moving average convergence divergence) has crossed above 0, and histograms in the buying zone have formed. Similarly, the RSI (relative strength index) is hovering around 68. Both indicators point to an upward trend in the KCS/USDT trading pair. The 20 and 50 EMA (exponential moving averages), on the other hand, are also in favor of the uptrend.
Having said that, the daily time frame indicates a strong bullish trend, particularly above the $21.20 support zone. If the KCS coin falls below $21.20, the upward trendline will extend to its next support level, which is at $19.50.
On the bearish side, the triple bottom pattern has the potential to extend major support at $17.70.
KuCoin Token Price Analysis - Weekly Chart
Aside from the KuCoin Token's daily chart, the weekly time frame also shows a strong bullish trend. The KuCoin token has completed a Fibonacci retracement of 61.8 percent at $16.70, and the formation of a Doji candle right above this level indicates that bears have been exhausted and that buyers will soon dominate the market. That is precisely what happened with the KuCoin Token. A "three white soldiers," a bullish candlestick pattern, is forming on KCS. This pattern usually signals the continuation of an uptrend.
KCS/USDT Chart on the Weekly Timeframe | Source: KuCoin
The weekly MACD is still below the middle point of 0 and you can see that the bearish histograms are shrinking and may soon enter the buy zone. The RSI, on the other hand, is already above 50, indicating an uptrend.
Upon a bullish crossover of $22, the KCS/USDT token may face weekly resistance near $24.04 and $29.03. The break above this exposes the KCS/USDT price towards $33. It appears that now is a good time to buy KuCoin tokens in order to benefit both in the short and long term.
Final Thoughts
The release of the KCS Whitepaper has increased the popularity and demand for the KCS coin. KuCoin traders seem to be greatly influenced, and they appear content to invest in and hold KCS for the long term amid a slew of expected developments.
Alongside, Technical analysis is playing a significant role in the KCS/USDT uptrend. All of the technical analysis indicators are pointing to an increase in price. Technical traders are watching the KCS price charts, and the momentum indicator is signaling a bullish trend. The 20 and 50 period moving averages on the KuCoin platform are supporting a potential buying trend.
Investors are predicted to be confident in the company and their investment because KuCoin is a fast-growing cryptocurrency exchange. There is still a lot of optimism about the crypto market, which could help the price of KCS.
To summarize, fundamental and technical analysis support the KuCoin token's uptrend, suggesting that it may be a good investment opportunity for both short-term and long-term traders.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
LifeForce Games, a blockchain video game development studio, today announced the successful completion of its $5 million seed round. The round was led by Lemniscap with participation from CMT Digital, Sfermion, Hartmann Capital, Sterling VC, as well as Ready Player DAO and Neon DAO.
Most of the $5M raised from the round will go toward building and launching LifeForce’s first play-and-earn gaming title. The title will be the first in a portfolio of games, linked via a gaming-based metaverse.
“LifeForce Games seeks to make metaverse and blockchain gaming experiences more accessible to all, and we are encouraged and heartened to have received support from major players in the blockchain VC and metaverse DAO spaces who also believe in our vision.” – Ryan Inman, aka Boomer, Co-CEO of LifeForce Games
Setting out to develop and onboard gaming experiences that are fun to play; LifeForce Games would not require players to own and use crypto, but instead, encourage its usage.
The LifeForce Games team is also working on new tools that would enable NFT interoperability across other games and platforms, and offer novel monetization elements for gamers to use virtual land.
With a team consisting of gaming and blockchain veterans, including senior team members from EA, Daybreak, Amazon, Sony Playstation, and Sony Online Entertainment, LifeForce Games will now leverage its new funding to scale up and realize the potential of monetized metaverse blockchain gaming.
Cardano (ADA) is the native token of a proof-of-stake blockchain that goes by the same name. Cardano network was founded in 2015 by Ethereum co-founder Charles Hoskinson. Cardano Foundation states that its ultimate goal is to give innovators and visionaries a platform that will help them make the world a better place. To accomplish this, Cardano’s team is building an interoperable and scalable multi-asset ledger with a platform for verifiable smart contracts. If you want to learn more about this innovative cryptocurrency and how Cardano operates, read this article or head on over to the official Cardano website.
ADA is currently ranked 6th by market capitalization, so it is undoubtedly a cryptocurrency many people are interested in and has great growth potential. Let’s look at Cardano ADA price prediction for the coming years.
Please keep in mind that as with any other cryptocurrency, it is near impossible to make a 100% accurate Cardano price forecast. We mention what minimum price and maximum price ADA can potentially reach in one year or the next five years, but those are just our estimations.
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Cardano Price Prediction After Smart Contracts
First, let’s analyze Cardano’s recent price history. The coin followed the general crypto market bullish trend in early 2021, going from $0.13 to an (at the time) maximum price of $1.3 in just two months. Since then, the coin has never gone below a minimum price of $1 – and it even rose 15% in mid-May following an announcement of a smart contract rollout called Alonzo. Afterward, however, ADA went through the same correction the whole market did, dropping back to its February-March levels. After July 21, the Cardano price increased and half a month later reached its current ATH of $3.10.
Source: coinmarketcap.com
Cardano Price Prediction December and at the End of 2021
Once again, it is near impossible to make a 100% accurate prediction when it comes to the crypto world. That said, we think that ADA price stands to rise by the end of 2021. We think that the current correction may be over by then, and it is possible that the Cardano team may announce a new feature. If that happens, then Cardano cryptocurrency price will very likely rise.
Cardano Price Prediction by 2022
Cardano’s maximum price in 2022 will depend on a wide variety of factors, like the general situation on both the crypto market and in the global economy, or the state of other cryptocurrencies that can be seen as ADA’s main competitors, like QTUM or WAVES.
Some experts predict that ADA will be around the $2.5 mark for most of 2022 – which is rather optimistic considering the coin is currently hovering around $1.9.
Cardano Price Prediction in the End of 2022
Several experts expect ADA price to reach up to $4 by the end of 2022. While we think this is rather optimistic, we can’t deny that it is possible.
CoinDesk says that it’s even possible for ADA to smash its previous ATH and reach $5.17 – especially if ecological concerns become an even more prominent topic in the crypto world. However, they also point out that usability concerns may drive some investors away from the coin, and cause its price to not move past the $3.99 mark in 2022.
The most optimistic experts from Coinquora even believe that if ADA bulls further throughout 2022, then Cardano future price could reach $12 -$15 by the end of the year.
Cardano Price Prediction by 2025
CoinSwitch predicts that the price of ADA will reach $3. Wallet Investor, on the other hand, is more optimistic, forecasting ADA’s price to reach at least $9.8 in 2025.
On the other end of the spectrum, there is Trading Beasts, which expects ADA to not gain much in the next 4 years and predicts that it will have an average price of $5 by 2025.
Cardano Price Prediction 2030
The more long-term the investment, the harder it is to predict its outcome. However, Cardano has a lot of things going for it. It has good adaptability to change, a solid roadmap, a dedicated and talented team behind it, and it is eco-friendly. All these factors mean it’s here to stay. While it is impossible to predict the exact Cardano cryptocurrency price will have in 2040 and beyond, we think it is a good long-term investment.
Cardano Price Prediction 2040
It’s hard to make a Cardano price forecast for the long run. We think that it is likely that ADA’s price will continue to rise and may even reach the $15 mark in 2030 – that is, of course, if cryptocurrencies don’t become obsolete by then and get replaced by some new technology. Overall, ADA has a chance to renew its historical maximum price and get a new all-time high.
Cardano Price Prediction by Experts
Experts over at Investor Cube are predicting that ADA is up for a big break in their Cardano forecast. They say that the key support and resistance levels to watch at the moment are $1.002 and $1.68. Digital Coin Price also has an optimistic outlook, forecasting that ADA can reach a maximum price of up to $3.97.
ADA can reach a price of up to $3.97
Digital Coin Price
As you can see, there are as many predictions and opinions as there are experts. Still, the majority seem to have an optimistic outlook in both the short and long term. At the end of the day, you should follow the main advice we always give beginner investors – DYOR, do your own research – and decide for yourself what Cardano price forecast you believe in and if ADA is a project you want to invest in. You should make your own investment decisions.
Why Is Cardano so Cheap?
Cardano’s price is rather low, but its supply is high, which allows it to have the market cap that it has. The maximum number of ADA coins that will be issued is 45B.
Market capitalization is a true sign of value, so it matters more than the price of a single coin – and Cardano’s market cap is high. You simply have to own more ADA to have $1000 worth of it in your wallet – but the value of it will stay the same, no matter whether you got it by buying 10 ADA or 100.
Will Cardano Reach $20 and $100?
Technically, everything is possible, and there’s definitely at least one Cardano price prediction out there that says $100 will be the coin’s minimum price in the next five years, not it’s the unattainable maximum price.
In reality, however, it is highly unlikely that ADA price will ever rise that high. If Cardano’s price reached $20 with everything else unchanged, it could’ve taken over Bitcoin by market capitalization. And not even the most optimistic Cardano price forecast will ever predict something like this. In order for ADA to reach such high numbers, either the whole market will need to experience an astronomical rise the likes of which we’ve never seen before, or the coin itself will have to get a one-way ticket to the moon by being officially recognised as a currency by an economically powerful country like the US or China.
Does Cardano Have a Future?
Cardano’s team plans on implementing all the best features of other cryptocurrencies. That tells us two things: first, this blockchain is unlikely to become outdated and thus fade into obscurity, second, both its team and the chain itself have good adaptability to change, which is a very good quality to have in such a rapidly changing and evolving industry as crypto. All this allows us to be optimistic in our ADA Cardano price prediction and shows the coin can offer long-term earning potential.
Is Cardano a Good Investment?
Cardano may not be as hyped as some other cryptocurrencies like DOGE or BTC, but this coin is still one of the most aggressive cryptocurrencies which has a solid team behind it and has stayed on top despite many challenges that the industry has faced in recent years. It has seen steady growth over the past few years and, as we have seen above, stands to rise even higher. Based on this, it is a good investment.
Final Thoughts
We hope you enjoyed our Cardano forecast, and that our ADA price prediction will give you some food for thought. Although this coin’s price is unlikely to ever reach the maximum price of Bitcoin or Ethereum, it can be an excellent long-term investment.
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Frequently Asked Questions
Can Cardano make you a millionaire?
If you bought $400k worth of ADA when it was at $1, and then sold it for its maximum price of $3.10 at the beginning of September, you would’ve had more than a million USD right now. Obviously, $400k is quite a hefty investment. However, if you bought ADA coin in 2019 for the price of $0.04, you would’ve only needed $16k to become a millionaire now.
What is Cardano worth in 2025?
There’s no sure way to make an accurate Cardano forecast for 2025, however, we can make a general ADA price prediction. Crypto has been receiving more and more hype recently, and even if it fades, the current boom in popularity has certainly introduced many faithful HODLers and investors to cryptocurrency markets. We always say that for mass adoption to happen, people need to be educated about crypto – and the recent hype is very likely to have introduced quite a lot of people to crypto and blockchain.
If positive trends continue, and ADA’s team sticks to its plans and ideas, then Cardano price has a chance to reach at the very least $5 by 2025.
Is Cardano better than Bitcoin?
There’s no “better” when it comes to cryptocurrencies. They’re all different and serve different purposes. That said, Cardano team has ambitious plans for new feature implementation and is highly technologically advanced – but so is Bitcoin, of course. One solid advantage ADA has over BTC right now is that it is more eco-friendly. However, in the end, only you can decide which crypto is the best for you.
Can Cardano replace Bitcoin?
If Cardano price becomes equal to $20 and Bitcoin’s price remains the same, then it can potentially replace BTC as the number one cryptocurrency by market cap. But it is highly unlikely that Cardano, or any other crypto for that matter, will ever replace Bitcoin in terms of cultural and technological impact, popularity, and arguably even significance.
Can Cardano reach $10?
Some experts believe that the price of Cardano coins may reach $10 in the near future.
What is Cardano worth in 2022?
According to our Cardano price predictions, the value of the ADA coin will fluctuate around $3-3.5 in 2022.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. While price analysis is a useful tool, it should not be considered predictive for the future performance of any investment vehicle.
Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment. Website personnel and the author of this article may have holdings in the above-mentioned cryptocurrencies.
