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...
"It is time to show the world what we are made of," said Rangers Protocol co-founder Mary Ma.
Describing itself as a provider of “virtual worlds blockchain infrastructure,” the Rangers Protocol will open its testnet to users starting in July.
In a Thursday announcement at the Global DeFi Summit, Rangers Protocol co-founder Mary Ma said the project would be aiming for a mid-July launch of its testnet following $3.7 million seed and private equity funding rounds. According to Ma, the protocol will have decentralized apps, or DApps, on its network, and will include a cross-chain protocol, nonfungible token protocol and Ethereum Virtual Machine compatible system.
"In the past three years, we have solved many problems by tackling down tons of technical problems,” said Ma. “Now it is time to show the world what we are made of.”
The announcement of the planned testnet follows the protocol rebranding to include a nonfungible token, or NFT, platform, based on the team’s assumption that the NFT market will “explode soon.” Rangers Protocol claims to achieve “real-time block generation” at a block per second, allowing entrepreneurs and creators to build NFTs, games, and DApps on top of the platform in a permissionless environment.
Related: Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24
With a valuation of $63 million following two rounds of financing, Rangers Protocol has an impressive list of venture funds backing the project, including Pantera Capital, Huobi Ventures Blockchain Fund, Framework Ventures, Alameda Research, AU21 Capital, Hashkey Capital, SevenX Ventures, SNZ, Spark Digital Capital, and others. The project said the funds are to be used for its “technology development and the construction of ecological communities and the foundation.”
A China-based crypto company, Rangers was originally branded as the Rocket Protocol.
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