Starknet's $125.5M Web3 Gaming Boost

This Week's Low-Down:

• 💸 Starknet Committee to Inject $125.5M into Blockchain Gaming

• 🎮 Sony Signals Major Shift in Gaming with 'Super-Fungible Tokens'

• 🚀 Telegram Game Notcoin Boasts 40% Growth Ahead of Token Mint

• Kevin Rose Makes Huge Shift With $1.2M Moonbird NFT Sales (Bitcolumnist)

• TCG World Partners with Chooky Records to Bring Busta Rhymes, Others to the Metaverse (Cointelegraph)

• Candy Digital Batman NFTs to Unlock AR and Storytelling Ventures (NFT Plazas)

• Music NFTs Can Reshape the Indie Music Industry — Here’s How (Cointelegraph)

• Private Jet Pyjama Party Owner: Making PJPP the ‘Ultimate Digital Membership Club’ (Decrypt)

• Zama Raises $73 Million in Series A Funding For Advancing Cryptography (Bitcolumnist)

• Ubisoft is Now a Validator on the XPLA Blockchain (Cointelegraph)

• Bored Apes and Other Yuga Ethereum NFTs Are Shedding Value—Why? (Decrypt)

• Lost Worlds Launches Creation Portal for GeoNFTs (Bitcolumnist)

• Elacity Marketplace Adopts ERC-404 For Fractional NFT Trading (NFT Plazas)

• Readyverse Studios Debuts Trailer for Metaverse Battle Royale Game Open (Cointelegraph)

• Trump Now Says He Has 'Fun' With Bitcoin and 'Crazy New Currencies' (Decrypt)

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Starknet Committee to Inject $125.5M into Blockchain Gaming

The Starknet Foundation has established a Gaming Committee, allocating $125.5 million in tokens to enhance game developments on its blockchain.

• The comittee will leverage Starknet's high performance and affordability to foster next-generation gaming.

• Boosting Starknet's ecosystem through analysis, strategic planning, and incentive programs is the committee's ultimate goal.

• 50 million Starknet (STRK) tokens are being put aside to fund such proposals.

• Members of the committee include experts from Starknet Foundation, Starkware, Focus Tree, Unstoppable Games, Cartridge, and Loot Realms.

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Sony Signals Major Shift in Gaming with 'Super-Fungible Tokens'

Sony’s patent for ‘Super-Fungible Tokens’ (SFTs) is poised to revolutionize video game assets, allowing players to bundle NFTs like skins and weapons for advantageous trading and selling.

• Gamers' expenditure on in-game assets — like skins and weapons — reached approximately $54 billion in 2020.

• Despite their high costs, these in-game purchases offer no real gameplay benefits, serving as status symbols without actual ownership.

• NFTs and SFTs aim to empower gamers with proper ownership, enabling them to sell, trade, and transfer their digital assets across games — a bold move for the tech titan!

Telegram Game Notcoin Boasts 40% Growth Ahead of Token Mint

Telegram-based game Notcoin is rapidly ascending in the crypto gaming landscape, boasting a 40% increase in daily players as it sets the stage for token minting on The Open Network (TON).

• Notcoin is a viral Telegram game where players tap to mine virtual coins.

• Excitement for Notcoin surged last week with the launch of pre-market trading.

• By inviting six Telegram Premium users and assisting them in leveling up, individuals can earn over 10 million Notcoins.

• Additionally, attracting sixty users has the potential to yield over 100 million Notcoins.

Today's edition was written by Leah Alger

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