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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Double jump.tokyo signs up to layer-two scaling solution for NFTs

The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers.

Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or NFTs, across all its games.

Immutable X is a layer-two solution for the Ethereum blockchain, created by Immutable — the team behind the Gods Unchained trading card game. It aims to promote NFT adoption by reducing gas fees and allowing for more dynamic game mechanics.

The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers, including SuperfarmDAO, Illuvium and Mintable, shortly thereafter.

The platform touts several benefits designed especially for the NFT market, including instant trading confirmations, capacity for over 9,000 transactions per second and zero gas fees.

It does this using a system of batched zero-knowledge proofs from Starkware, meaning that the platform remains fully decentralized and secured by the Ethereum network. This also means that NFTs can be traded via any Ethereum-based marketplace.

Immutable co-founder Robbie Ferguson explained why the company didn't go down the side chain route, saying:

“Investing so much time in blockchain technology, only to resort to what amounts to saving assets on a database or a server on someone’s laptop is a waste of everyone’s time and subject to counterparty risks.”

Double jump.tokyo CEO Ryu Matsubara explained that the scalability of Immutable X made it a perfect fit for NFT developers, adding, “Our games have done an amazing job at engaging millions of fans around the world, and those fans deserve a great, stable, fast experience.”

The explosive growth of DeFi and NFTs over the past year have seen an increasing demand for layer-two solutions to circumvent the congestion and high fees on the Ethereum network. However, Immutable X is the first such platform to be specifically tailored for NFTs.

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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment
Read more