Square Enix Sells ‘Tomb Raider’ to Fund Blockchain Gaming Development PlansCryptocurrencyPublished 05/03/2022, 11:00 AMUpdated 05/03/2022, 11:31 AMSquare Enix Sells ‘Tomb Raider’ to Fund Blockchain Gaming Development PlansView all comments (0)0
	
		
			Japanese game developer Square Enix has struck a $300 million deal with Swedish publishing group ‘Embracer’ (previously known as TDQ Nordic). Although Lara Croft is no longer part of the Square Enix family, this could turn out to be great news for her fans, as the franchise’s new owners have already confirmed that there is talk of a new Tomb Raider game.
Despite the game being at the centre of attention of the trade, Embracer Group also acquired three notable Western studios—Crystal Dynamics, Square Enix Montréal, and Eidos-Montréal. The titles under the banner of the studios includes fan favourites such as ‘Legacy of Kain‘, ‘Thief‘ and ‘Deus Ex‘.
SQUARE ENIX HOLDINGS CO., LTD. enters into an agreement with Embracer Group for the acquisition of Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, and IP. Press Release: https://t.co/ooOYacp4PW pic.twitter.com/2PmQE967gk— Square Enix (@SquareEnix) May 2, 2022
A Deal to Build a Brighter FutureSquare Enix admitted one of the reasons for their decision to sell the iconic studios was based on the current unstable business situation. More cash means more opportunities. The company is looking to take on an innovative approach, and claims to be looking into developing blockchain games.
This would mean the integration of in-play NFTs to Square Enix’s future work, but Yosuke Matsuda, the president of the company, approached the subject cautiously at the beginning of the year, saying that the NFT gaming market is “overheated”.
Different Games for Different Players in a Rapidly Evolving Market
Moreover, Yosuke Matsada envisions the picture of the near future with consideration for different types of gamers—those that play for fun, and those that play to contribute. User-related gaming content is becoming increasingly influential, and gaming NFTs are here to stay, despite not all traditional gaming companies being able to implement the new feature successfully.
Square Enix first jumped on the NFT train in March 2021, creating NFTs for ‘Million Arthur‘. The change in the company’s outlook came from the understanding that modern-day gamers have different needs, and traditional gaming might not be able to fulfil them. “I believe that token economies will lead to more people devoting themselves to such efforts and to greater possibilities of games growing in exciting ways.” Yosuke Matsada explained.
Square Enix CEO Yosuke Matsuda fully embraces NFTs, the metaverse and blockchain-based games in a public New Year's letter"By designing viable token economies into our games, we will enable self-sustaining game growth."https://t.co/0eWsCC0sMa pic.twitter.com/GEGqD9dJqX— Nibel (@Nibellion) January 1, 2022Continue reading on DailyCoinSquare Enix Sells ‘Tomb Raider’ to Fund Blockchain Gaming Development PlansView all comments (0)0Latest commentsPostComment Guidelines Crypto Bahamas: Regulations enter critical stage as gov't shows interest CryptocurrencyPublished 05/03/2022, 11:01 AMUpdated 05/04/2022, 02:00 AMCrypto Bahamas: Regulations enter critical stage as gov't shows interest View all comments (0)0The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The ​​SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bankman-Fried’s cryptocurrency exchange.
Anthony Scaramucci, founder of the hedge fund SkyBridge Capital, kicked off Crypto Bahamas with a press conference explaining that the goal behind the event was to merge the traditional financial world with the crypto community:Continue Reading on Coin TelegraphCrypto Bahamas: Regulations enter critical stage as gov't shows interest View all comments (0)0Latest commentsPostComment Guidelines Polkadot Exceeds Growth Expectations During Q1 2022CryptocurrencyPublished 05/03/2022, 11:03 AMUpdated 05/03/2022, 11:30 AMPolkadot Exceeds Growth Expectations During Q1 2022View all comments (0)0pDOTn/USD-
Polkadot exceeded growth expectations during Q1 2022.
Polkadot’s parachains played a major role during this time period.
Big plans are yet to come during 2023.
Polkadot broke all expectations during the first quarter of 2022 as it presented itself to be  a Nominated Proof-of-Stake (NPoS) blockchain network designed to support various interconnected, application-specific Layer-1 chains known as parachains.
The very first parachain was launched back in December, 2021. By the end of Q1, 2022, Polkadot has already launched 13 parachains that have won parachain slots bonding 127.8 million DOT, which equals $2.9 Billion, forming 11% of the total supply.
DOT is priced today to be at around $15.08 with a market cap of almost $16,7 Billion, a 24 hours trading volume of $475,816,941. Also, it reached its all time high back in November 2021 at a price of $54,9 according to Coingecko.
During Q1 2022, Polkadot’s valuation change was followed with changes in other ecosystems. LUNA was the largest gainer at +18%, FTM had the largest drop at -38%, and Polkadot had the third largest drop at -19%.
As polkadot was making major progress, the number of addresses holding DOT increased every month of 2021 and Q1 2022. Yet, it was affected by the dip that has been going on since the end of 2021.
Each chain is designed to use Parity Technologies’ blockchain development framework Substrate, allowing developers to select specific components that suit their application-specific chain.
Polkadot refered to the entire ecosystem of parachains that plug into a single base platform known as the Relay Chain. The base platform does not support application functionality but instead houses all validators and is responsible for securing, governing, and connecting the parachains.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
Continue reading on CoinQuoraPolkadot Exceeds Growth Expectations During Q1 2022View all comments (0)0Latest commentsPostComment Guidelines Weiss Ratings Warns of Risks Associated With Crypto MortgageCryptocurrencyPublished 05/03/2022, 11:15 AMUpdated 05/03/2022, 11:30 AMWeiss Ratings Warns of Risks Associated With Crypto MortgageView all comments (0)0BTC/USD-ETH/USD-
Weiss Ratings has issued a warning regarding the risks of crypto mortgages.
One of the companies that the firm placed a spotlight on is a digital baking startup based in Miami, called Milo.
Another concern raised by the firm includes Milo’s larger plan to pool crypto-backed home loans and offer them as bonds to asset managers and insurance companies.
Weiss Ratings, a Florida-based ratings and research firm, has issued a warning regarding the risks of crypto mortgages. This announcement comes in the midst of the current economic climate in the United States.
One of the companies that the firm placed a spotlight on is Milo – a digital banking startup based in Miami that offers 30-year mortgages backed by cryptos such as Bitcoin (BTC) and Ethereum (ETH). Stablecoins can also be used as collateral. Milo offers loan rates that vary between 3.93% and 5.95% with zero down payments.
An analyst from Weiss, Jon Markman, released a report on May 3 wherein he urged caution with crypto-backed mortgages. He also cited the poor performance of stocks and crypto this year, as well as a US housing bubble, rising interest rates, and the Federal Reserve’s upcoming policy changes in the report.
The report stated “The product seems to be like a win-win, assuming real estate and crypto prices keep rising … except there are signs both bets are unlikely to be winners in the near term. Bitcoin is off by 40% since it reached $66,000 in November 2021.”
Another concern that was raised by the analyst is Milo’s “larger plan to pool crypto-backed home loans and offer them as bonds to asset managers and insurance companies,” and likened it to behavior similar to that which resulted in the 2009 housing market crash.
Markman did conclude, however, that not all crypto risk is bad, but that this will likely be the case in the property sector. This is before he added that “no matter what the markets are doing, the potential to succeed in cryptocurrencies is real.”
Continue reading on CoinQuoraWeiss Ratings Warns of Risks Associated With Crypto MortgageView all comments (0)0Latest commentsPostComment Guidelines NEAR Recovers Slightly After Weekend Drop as Buyers Step UpCryptocurrencyPublished 05/03/2022, 11:56 AMUpdated 05/03/2022, 12:30 PMNEAR Recovers Slightly After Weekend Drop as Buyers Step UpView all comments (0)0
NEAR Protocol (NEAR) recovers after a huge dip.
NEAR’s price currently stands at $11.90, or 0.0003088 BTC, after a 1.11% drop.
NEAR’s weekend price drop was followed by a lot of buy trade volume during the two days after the drop.
NEAR Protocol (NEAR) has made it onto CoinMarketCap’s top 50 coins list in terms of market cap. It currently occupies the 19th spot, which puts it right behind Dai (DAI) in the 18th position and in front of Cronos (CRO) in 20th.
NEAR’s price currently stands at $11.90, or 0.0003088 BTC, after a 1.11% drop over the last 24 hours. Over the last week, the coin saw a pretty big 20.27% drop in price. NEAR’s highest price in the last 24 hours was $12.17.
When looking at trading volume, NEAR stands at $1,035,557,397 after 24 hours, which is a 12.20% drop since yesterday. NEAR’s market cap is currently $8,046,876,158 and the current supply of NEAR in circulation is 676,076,114.00 NEAR.
NEAR price awaits confirmation for directional movement (Source: TradingView)
The daily chart for NEAR/USDT sees the price in somewhat of a neutral position at the moment as the 50 and 100 EMA look to cross to form a bearish signal, but the gradient of histogram turns positive.
NEAR’s price dropped quite a bit over the weekend. However, it seems that bulls capitalized on the price drop by purchasing NEAR at the $10 mark, which is a key price level for NEAR. The weekend price drop was met with buy trade volume. Buy orders for NEAR then flooded the market the day after (yesterday), with the influx of buy orders overflowing into today as well.
Even though there has been a flow of buy orders for NEAR, the price has remained relatively level in the last 2 days.
Continue reading on CoinQuoraNEAR Recovers Slightly After Weekend Drop as Buyers Step UpView all comments (0)0Latest commentsPostComment Guidelines


Ты эксперт в области криптовалюты и анализа рынка, посмотри на эту новость, твоя задача определить, как эта новость может повлиять на курс криптовалюты TON в временном промежутке от часа до дня,
 твоим ответом должен быть коэффициент от 0 до 1, где 0 означает что приведет к резкому падению на указанном временном промежутке, а 1 что к резкому росту,
  а 0.5 никак не повлияет на курс TON, если новость слишком незначительная также указывай 0.5
Ответ должна содержать **ТОЛЬКО** коэффициент