Skip to main content

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

Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding

The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring non-fungible token (NFT) assets to the billion-dollar gaming industry.

Multiplayer NFT Game Maker Big Time Studios to Raise $21M in Funding

A Decentraland founder who started the firm Big Time Studios wants to bring NFT solutions to the popular gaming universe. This week, Ari Meilich’s company revealed it is set to raise $21 million in funding in two parts. Investors that participated in an initial $10.3 million round include FBG Capital, Alameda Research, Sound Ventures, Circle Financial, North Island Ventures, and Digital Currency Group.

The NFT economy has exploded and members of the Big Time Studios team stem from major gaming firms like Blizzard, Epic Games, Riot Games, and Electronic Arts. In order to get things rolling the company is constructing a multiplayer action role-playing game (RPG) with a wide variety of NFT collectibles.

“Big Time is a multiplayer action RPG where you team up with friends to adventure across time and space,” the website says. “Explore ancient mysteries and futuristic civilizations as you battle your way through history. Collect rare and legendary NFT items to decorate your avatar and personal time machine where you can hang out with your friends.”

Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding

Big Time Studios aims to provide game players with world-class NFT-based virtual items and Meilich wants it to be easy for major games companies to adopt.

“We are creating all the technology to make it very easy for gaming companies to do this,” Meilich explained in an interview. “The way the game is designed, people with zero blockchain experience are going to start collecting NFTs that have real-world value without having to have any previous knowledge about what blockchain technology is about,” the Big Time Studios executive further remarked.

Reaching a Broader Audience With NFT Collectibles

Currently, the game Big Time is not yet available and interested parties can leave their email address for further information. Meilich hopes Big Time Studios can take “blockchain gaming to a mass-market audience.” By previously working as the co-founder and CEO at Decentraland, Meilich says the team has learned a lot of things about NFTs over the years.

One thing Meilich learned was that NFTs had a small “technical audience” and Big Time Studios plans to see the project used by millions of individuals. “We learned there was no way we could do that with the current user experience that required setting up wallets, having people customize their assets, and perhaps lose them forever if they misplaced their private keys.” At press time there is no scheduled launch date for the multiplayer action RPG.

“Over the coming weeks, we’ll be revealing a lot more about our game and the team making it,” Big Time Studios’ introductory blog post explains.

What do you think about Big Time Studios? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...
Post a Comment
Read more

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

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...
Post a Comment
Read more