Royale Finance Believes That Gaming and DeFi Were Made for One Another
What do gaming and decentralized finance (DeFi) have in common? On the surface, not a lot: the latter is a crypto movement focused around open access to financial primitives, while the former, incorporating both video gaming and iGaming, is concerned with entertainment. As it transpires, many of the characteristics that make blockchain suited to hosting DeFi applications – transparency; redundancy; trust minimization; verifiable proof – apply equally to gaming, for the purpose of proving that […]
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Gaming is on track to boost the adoption of DeFi platforms. Here is a look at the latest developments that are pushing the play-to-earn business model. The past few months have seen decentralized finance (DeFi) platforms gain a cult-like following on the backdrop of a bullish cryptocurrency market. That revolution of digital money is now moving into the gaming industry, creating an intersection between DeFi and the gaming experience that experts now predict will play a huge role in the next generation of games. DeFi-focused tokens such as Polkadot (DOT), Solana (SOL) and Chainlink (INK),....
The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall. Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea.In addition to supporting projects built on Solana (SOL), the fund will help keep some Terra-based projects afloat following the collapse of that ecosystem last month.The Solana Foundation believes the developers from....
Bitcoin.com CEO Dennis Jarvis believes that Bitcoin can be a bridge that leads users to the decentralized finance space. As the decentralized finance (DeFi) space remains plagued with hacks, people have become less interested in jumping in and engaging with DeFi. But according to Dennis Jarvis, the CEO of Bitcoin.com, there is a way for DeFi adoption to move forward through Bitcoin (BTC). In a keynote speech at the Blockchain Economy Dubai Summit 2022, Jarvis pointed out that massive losses of investor funds like the collapse of Terra and the Axie Infinity Ronin hack have made DeFi....
With over $13 billion currently locked across DeFi protocols, the decentralized financial landscape has been growing at a breakneck speed. The high quest for a non-custodial financial product and marketplace has been instrumental to the astronomical growth in the DeFi (Decentralized Finance) sector. No doubt, the interest that has rallied behind the DeFi protocols has been phenomenal, NFT market has also been on traction in leading mainstream adoption of blockchain technology. Exeedme, a blockchain-powered gaming […]
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up hassle,” as the firm believes “defi has tremendous potential to help increase economic freedom.”
Coinbase Now Offers Yield on the Defi Stablecoin Issued by Makerdao
Coinbase has announced that it has opened up decentralized finance (defi) services to customers in more than....