submitted by victoroshi99 to elrondnetwork [link] [comments]
Revealing the news exclusively to The Block on Thursday, Europe-based Elrond said that the gaming app is scheduled to get launched in Q1 of this year.
“Battle of Elrond is a mobile multiplayer game. Players earn ERD [Elrond’s native token] for defeating their enemies,” Beniamin Mincu, founder and CEO of Elrond, told The Block. One ERD token is currently worth $0.0016.
Mincu added that the game will be “exclusively” available via the Samsung Galaxy Store, meaning smartphones with native blockchain capabilities (Galaxy S10 and above) will support the app. Mincu stressed that Battle of Elrond is not a decentralized app (dApp), but is a mobile app with a blockchain component.
Elrond and Samsung initially teamed up in November, when the smartphone maker integrated ERD token on its blockchain wallet. The wallet also supports bitcoin (BTC), ether (ETH) and Aergo token, among others.
Elrond said blockchain technology helps reduce costs and provide security as well as privacy to users. It explained that native app stores collect fees of up to 30%, while blockchain “allows frictionless direct interaction at low fees.”
“Allowing consumers to enjoy cost reduction and privacy without the intricate blockchain-specific hassle will likely catapult adoption,” it added.
Elrond has been claiming to focus on performance and usability for its blockchain network. The firm said its blockchain “brings 1,000x improvements over existing blockchains” with “adaptive state” sharding architecture and “secure” proof-of-stake mechanism.
Elrond’s mainnet, however, is yet to get fully launched. According to the roadmap posted on its website, the mainnet bootstrapping will happen over three phases through 2020.
“The Battle of Elrond blockchain mechanics will be ported to our mainnet as a top priority after we launch. Until then, the ERC20 ERD token will be used as interim,” Mincu told The Block.
Elrond is backed by notable investors, including Binance Labs, Electric Capital and NGC Ventures. The firm has raised a total of $5.15 million to date - $1.9 million in private placements and $3.25 million in public funding round via Binance Launchpad, said Mincu.
There are currently 30 members working for Elrond, and the firm is “always looking to add more talent” to its roster.
Looking ahead, Elrond is focused on two areas. “One, we plan to expand our partnerships by making the Elrond Blockchain available to some of the most important enterprises in Europe” in 2020, said Mincu, adding that the firm also plans to “finally make public a product that we’ve been developing for some time, which makes blockchain tech attractive for the average internet user.”
Gaming as a blockchain use case is indeed catching up. Last month, Nasdaq-listed hardware manufacturer AMD ventured into blockchain gaming. Several startups, including BetProtocol, Mythical Games and Immutable, have raised millions of dollars in recent months for their gaming ventures.
Earlier this year, Immutable sold a collectible card from its "Gods Unchained" game for about $62,000, claiming to be the second most-valuable game card in the world, followed by the MTG's "Black Lotus" card for $87,000.
Mincu told The Block that Battle of Elrond does not have non-fungible tokens and that only ERD token is used. "The type of game is different, as Gods Unchained is a 1v1 [one versus one] trading card game, whereas Battle of Elrond is a fast-paced Diablo-like PvP [Player(s) versus player(s)] arena."
4 days ago Binance, Bitcoin, Ethereum 0 ATOM was among the biggest gainers on cryptocurrency boards this Wednesday as traders assessed its integration into the US-regulated crypto exchange Coinbase. The Cosmos’ native token rallied 9 percent on a 24-hour adjusted timeframe, touching an intraday high level near $5.56, hours after Coinbase added support for staking ATOM rewards. … Download Bitcoin Miner for Windows 10 for Windows to let your computer earn you money with Bitcoin Miner, the free easy-to-use Bitcoin miner. While we're proud to be one of the largest bitcoin exchanges, serving clients in over 190 countries, we're just as excited about helping people discover the world of crypto and expand their portfolios to include other digital assets. Learn how start trading on Kraken. From simple buying to advanced trading we have you covered. From simple buying to advanced trading we have you covered. Our ... Buy now a Battle.net gift card with Bitcoin, Litecoin or one of 50 other crypto currencies offered. After you have paid, you will instantly receive the voucher code by email. Select region: Select value: Show price as: Price: Battle.net registration required. Top up your Battle.net balance with these Gift Cards, and then use them for Blizzard Entertainment games, in-game items, and more ... Bitcoin Pullover und Sweatshirts mit einzigartigen Motiven bestellen Von Künstlern designt und verkauft Viele Größen, Farben und Passformen. Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Kaufe Battle.net Geschenkkarte mit Bitcoins oder 50 Altcoins Kaufen Sie jetzt eine Battle.net Geschenkkarte mit Bitcoin, Litecoin oder einer aus anderen 50 angebotenen Kryptowährungen. Nachdem Sie bezahlt haben, erhalten Sie sofort den Gutscheincode per E-Mail. Binance, which opens BNB and BUSD pairs for CAKE, will only activate BNB parity for SPARTA for now. Users will be able to trade from today. Users will be able to trade from today. It should be noted that the crypto currencies in the Innovation Zone are not like big cryptocurrencies such as Bitcoin. Bitcoin (BTC) +31,31%; ChainLink (LINK) +23,01%; Binance Coin (BNB) +7,32%; Cardano (ADA) +1,49%; Cieszy przede wszystkim wzrost ceny króla kryptowalut – Bitcoina (BTC). To dzięki niemu dobrze radził sobie dobrze cały rynek, ale Bitcoin był zdecydowaną lokomotywą, napędzającą ten rozpędzający się pociąg. Rozpędzający się tak ... Connect Binance account and use Quadency bot for 6 MONTHS COMPLETELY FREE. Hurry up, this deal is not around for long! It has an easy to use interface, power saving mode, mining pool support and fast share submission. One useful feature is the profit reports feature because this feature will help you know if your mining is profitable or not. The latest version of this software is Bitcoin Miner ...
[index]          
Join Binance HERE: https://www.binance.com/en/register?ref=XP9D60IH Check Out My Website: www.britvrcrypto.com Coin Lotto Win $250000 in Bitcoin for Free: ht... Binance saw its biggest Bitcoin ( BTC ) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single da... Bitcoin ( BTC ) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. The DeFi Compos... Binance Lending Nedir ? BNB USDT ETC 'de Faiz Nasıl Kazanılır? - Duration: 11:17. Kripto Emre 5,357 views. 11:17. BITMEX LONG VE SHORT POZİSYON ALMAK - BITCOIN KALDIRAÇLI İŞLEMLER ... Binance.je : https://goo.gl/YFG3Zp Kanalıma abone olmayı unutma!: https://goo.gl/RybUAr #Binance #BinanceJe #Bitcoin Yepyeni ve ses getirecek bir seriye start veriyoruz. Bitcoin. Bu seride ... https://www.binance.com/en/register?ref=C8LPCV3S Hello everyone, Today I will show you how to buy Bitcoin. It is very simple. First you need to register on B... In todays video we discuss the bitcoin and ethereum price movements. We also go over a whale who has sold 4000 ETH on binance. Last but not least we go over ... how to open Binance exchange to buy bitcoin #cryptotradingexchange #binance # howtoopen Binance link: https://www.binancezh.pro/en/register?ref=XW91KRSO buyi... Hey Krypto Fans,willkommen zur Bitcoin-Informant Show Nr. 572 Heute geht's um folgende Themen: Binance vor dem Kollaps, Thailand ICO Portal & Wachstum von Bitcoin schlecht für das Bankensystem ...