CryptoCurrency
This altcoin could mirror Solana’s journey from $10 to $300 with over $12m raised
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
DTX Exchange emerges as a top hybrid platform, raising $12 million and poised for Solana-like gains in the crypto market cycle.
The crypto space is eager for a revolution, and we can see top altcoins emerge to deliver the right solutions in the industry. As we begin the new market cycle, a hybrid platform has become a prominent name on the lips of savvy investors today: DTX Exchange, a notable hybrid platform, is poised to disrupt the billion-dollar industry.
The DTX path is similar to that of Solana’s price trajectory. Just as SOL raised from the $10 to the $300 mark, DTX Exchange is also poised to show similar gains. The $12 million presale raise is a testament to the growth potential of DTX Exchange.
Solana price analysis: SOL crashes by 12%
The meme coin crash has caused a major slump in the Solana price as the SOL token decreased by a notable 12% within a day. The SOL token started the day at $292, but the Solana price continued to decline to reach the current trading price of $257.
The constantly dominating red candle shows that bears have taken hold of the SOL token amid the meme coin crash. The Solana price is plummeting as major meme coins have taken a massive dip, pulling the SOL token down with their decrease.
The Solana price has been in red-hot form over the past week, making a play for a new all-time high this weekend. The burst of positivity pushed SOL into an exciting Solana price setup, which could see its value skyrocket over the next few months. However, the meme coin fallout has triggered a slump in the SOL momentum.
DTX Exchange: A game-changing platform for savvy investors
We can’t deny SOL’s impressive surge over the years. However, this new player, DTX Exchange, could shake things up in the trading world. This platform rewrites the rules of engagement in the crypto market, offering something special for all kinds of traders and investors.
DTX Exchange is a notable hybrid platform that has combined the best features of centralized and decentralized exchange sites. This approach makes it possible to deliver convenience, ease of use, security, and, most importantly, liquidity in one unique hub.
In addition, users can enjoy easy access to its trading floor, where they can trade hundreds of thousands of different financial instruments. They include cryptocurrencies, forex pairs, tokenized ETFs, metals, and many more. By being the focal point of these various asset classes, DTX could be a one-stop destination for one’s trading needs.
For traders who enjoy speed, DTX Exchange delivers very well. Powered by its proprietary layer-one blockchain, VulcanX, this platform can process a staggering 100,000 transactions per second, miles ahead of giants like Solana. Even better, no KYC is required to transact your assets on the DTX Exchange site.
Furthermore, users who may prefer a passive way to earn rather than being hands-on are also covered. DTX Exchange ensures they can enjoy an income stream via staking and daily trading revenue shares. So, these traders can work on perfecting their strategies while their assets do the work for them.
Given its notable features, it’s no wonder this viral altcoin is generating buzz. This is further evident in its presale, where it acquired over $12 million within a few months. It’s currently in stage 7, where the native token, DTX, is available at $0.14. So far, early birds have enjoyed up to 600% ROI, and more gains are expected towards its final (tenth) presale stage.
Regarding post-launch predictions, experts forecast big things for DTX Exchange. Many foresee this altcoin providing 100x if listed on top-tier exchanges like Binance, Uniswap, or Bybit.
Key takeaways
As the current market cycle begins, a hybrid platform has gained popularity among astute investors. The emerging star is DeFi king DTX Exchange, which has the potential to upend the billion-dollar sector. The Solana price trajectory is comparable to that of DTX. Similar to how SOL increased from $10 to $300, DTX Exchange is also expected to see increases of this magnitude. The $12 million raised during the presale is evidence of DTX Exchange’s potential for expansion.
For more information, visit the DTX Exchange presale website and join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
CryptoCurrency
Ethereum core developer departs for AI amid leadership concerns
Ethereum core developer Eric Conner exits, citing Vitalik Buterin’s leadership decisions, shifts focus to building AI tools like Freysa.ai.
CryptoCurrency
Inheritance tax receipts hit £6.3bn as HMRC rake in ‘record sums’ in bonus for Government coffers
HMRC has raked in an extra £620million as inheritance tax (IHT) receipts hit £6.3billion for the first three quarters of the 2024/25 financial year.
As inheritance tax receipts continue to rise, Britons are reminded they can claw back some cash from the taxman with effective tax planning.
The rise in receipts is mainly due to increasing asset prices, the freezing of tax thresholds (which has been extended for another two years in the Budget), and additional changes to inheritance tax rules.
These factors are expected to keep driving higher IHT revenues for the Government.
There are specific factors which are expected to keep driving higher IHT revenues for the Government
GETTY
Stephen Lowe, group communications director at retirement specialist Just Group said: “The latest IHT receipts data for December will be a welcome end-of-year bonus for the Government’s coffers as the tax continues to deliver record sums.
“The latest changes to IHT announced by the Chancellor in the Autumn Budget are likely to see the Treasury collect billions more in Inheritance Tax before the end of the decade.
“According to OBR estimates approximately one in 10 deaths is forecast to incur IHT by 2029-30, almost double the proportion in 2023-24, as the tax begins to bite a wider swathe of Middle Britain.”
The specialist has encouraged people to make sure they have an up-to-date valuation of their estate, including a recent assessment of their property wealth, to help them understand if they are likely to incur IHT.
Estate planning is complex and professional financial advice can be “immensely helpful” for people who want to manage their estate efficiently and “pass on the maximum inheritance to loved ones”.
Shaun Moore, tax and financial planning expert at Quilter said: “This relentless rise is no coincidence. With inheritance tax thresholds frozen until 2030, more families are being pulled into the scope of IHT, and this trend shows no signs of slowing.
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“Add to that the significant changes coming in April 2027, when pensions will be drawn into taxable estates, and the Government looks set to cash in on an ever-expanding pool of taxpayers.
“Farming families, too, could face tougher times as reductions to Agricultural Property Relief start to bite, potentially forcing some to make difficult decisions about the future of their farms.
“Meanwhile, tweaks to Business Relief and AIM share rules are also likely to keep boosting HMRC’s coffers in the years ahead.”
How to cut your inheritance tax bill
Giving away assets during one’s lifetime could help their loved ones pay less inheritance tax, but strict rules are in place:
- Anyone can give up to £3,000 of their assets to loved ones each tax year without that sum becoming liable for IHT. If they didn’t use the allowance last year, they can combine it and pass on £6,000.
- Britons can give £5,000 to their children for their wedding, £2,500 to their grandchildren or great-grandchildren, and £1,000 to any other person.
- They can make further gifts as they please, but if they die within seven years of making the gift, IHT will be payable on a sliding scale known as taper relief.
Britons can also make gifts out of any excess regular income.
Gifts from surplus income are not subject to inheritance tax, no matter how large the amount. But to qualify, the gift-giver must be able to prove the gift has come from income rather than capital. The gift must also not impact the giver’s quality of life.
CryptoCurrency
Critical Metals joins Bitcoin club with $500M treasury plan
MicroStrategy’s Bitcoin playbook gains a new player as Critical Metals announces a $500M BTC treasury allocation.
On Jan. 21, Critical Metals Corp, the first Nasdaq-listed mining company to announce such a move, revealed that its Board of Directors had approved a Bitcoin (BTC) treasury strategy. The company plans to hold Bitcoin as a primary asset in its treasury, treating it as a key asset in its treasury management strategy.
The strategy is supported by a financing agreement with JBA Asset Management, which allows Critical Metals Corp. access to up to $500 million to acquire Bitcoin. The first $100 million tranche is available for BTC purchases, subject to certain undisclosed conditions.
The first $100 million comes with 100% warrant coverage. Simply put, this means that investors who put in money will have the right to buy extra shares of the company in the future, equal to the full amount they invested, at a fixed price.
For the remaining $400 million, which is optional and could be accessed later, the coverage is 50%. This means that for every dollar invested, the investor can buy extra shares worth half the value of their investment, at a fixed price.
The notes issued in the financing will be secured by the cash raised, and any BTC purchased under the program are convertible into the company’s common stock at a price of $6.00 per share, with warrants associated with the conversion at the cost of $7.00 per share.
Critical Metals’ Bitcoin treasury strategy strongly comports with Donald Trump’s renewed tenure as America’s president and his pro-crypto government policy.
Tony Sage, the Executive Chairman and CEO of Critical Metals has also expressed his intent to buy BTC through the company’. He says that by adopting this Bitcoin strategy, Critical Metals seeks to bolster its balance sheet and use BTC as a hedge against possible inflation.
He also noted that the strategy is in line with initiatives in Western governments, including proposals for many countries looking to create a National Bitcoin Reserve.
Critical Metals has now joined the ranks of prominent companies like MicroStrategy, the world’s largest publicly traded Bitcoin holder.
On Jan. 21, MicroStrategy disclosed that it had added another 11,000 Bitcoin to its holdings, purchasing the digital asset for $1.1 billion. With this addition, the company now holds a total of 461,000 Bitcoin, having spent approximately $29.3 billion to acquire them over time.
CryptoCurrency
Ethereum Foundation Dissent Dampens ETH Price as Vitalik Asserts Authority
On Jan. 21, Ethereum co-founder Vitalik Buterin firmly asserted his sole authority over Ethereum Foundation leadership decisions, stating that it will remain until reforms establish a “proper board.”
“The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a ‘proper board’, but until that happens it’s me,” he said on X.
The post came in response to significant backlash against Aya Miyaguchi, the Foundation’s executive director since 2018, with accusations of inefficiencies during her tenure.
“If you ‘keep the pressure on,’ then you are creating an environment that is actively toxic to top talent,” Buterin said in response to the social media backlash.
No. This is not how this game works.
The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a “proper board”, but until that happens it’s me.
If you “keep the pressure on”, then you are creating an environment that is…
— vitalik.eth (@VitalikButerin) January 21, 2025
EF Backlash Mounts
Buterin announced changes to the Foundation’s leadership on Jan. 18, focusing on supporting dApp developers and promoting decentralization.
However, he emphasized the foundation would not engage in ideological shifts, political lobbying, or take a more central ecosystem role.
There is strong community pressure to promote developer Danny Ryan to a leadership position. On Jan. 22, Ryan, who left the EF in 2024 due to health issues, said, “Some of the discourse has turned counterproductive,” before adding:
“These are real people attempting to sort through and do what is best. With or without me, the EF is evolving and for the better. You’ve been heard, but vitriol is ultimately harmful to this process.”
Just to fill you in: I left the EF last year due to health issues and in an attempt to clear my head after working my ass off exclusively at the EF and on Ethereum for seven years.
I stepped aside, and the EF and the broader Ethereum ecosystem moved on without missing a beat—new…
— dannyryan (@dannyryan) January 21, 2025
Fellow developer Eric Connor announced his departure from the Ethereum ecosystem, stating:
“The Ethereum Foundation is a leftist-driven, anti-winning swamp. 80% of the budget can be cut and Ethereum would function and progress just fine.”
Meanwhile, Ethereum educator Anthony Sassano highlighted all the good things that the EF has done, stating, “Ethereum is much bigger than the EF,”
I am not an EF apologist or think that the EF is perfect and can do no wrong, but I think it’s worth highlighting some of the positive stuff they’ve done recently:
– Revived the @ethereum account (it’s no where near good enough yet, but it’ll get better)
– Moved 50k ETH into a…— sassal.eth/acc (@sassal0x) January 22, 2025
ETH Price Flounders
Nevertheless, the situation appears to have created tension between Buterin’s desire to reform the Foundation while maintaining control over leadership decisions. Additionally, the dissent and recent EF ETH sales have dampened ETH prices, which have been consolidating for the past month.
ETH has gained 2.4% on the day to reach $3,330 at the time of writing, but most of the other altcoins are still outperforming it.
The asset failed to follow Bitcoin, XRP, and Solana to existing or new peaks and remains down 32% from its 2021 all-time high.
This is all despite US President Donald Trump actively buying ETH and the premise of staked Ethereum ETFs being approved by the SEC soon.
Tension within the Ethereum (and Bitcoin) communities is nothing new, and the ecosystem has survived and improved.
the last time there was this dissent in Ethereum
was February 2020 with the gory fight and eventual rejection of ProgPoW
(this is financial advice) pic.twitter.com/8P8vBJ2qra
— DCinvestor (@iamDCinvestor) January 21, 2025
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CryptoCurrency
Bitcoin Eyes Further Gains as Ethereum Struggles With Declining Demand
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.
Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.
Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.
When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)
Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.
In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.
Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think’s probably unfeasible, I’ve done already a hundredfold.”
PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.
CryptoCurrency
Donald Trump Nods to Token’s Billions in First Address Since Launch
TRUMP memecoin riches have spurred billions of dollars for the newly sworn-in U.S. President Donald Trump, an amount he termed as “peanuts” compared to corporate bigwigs in his first address of the token since launch.
“I don’t know much about it other than when I launched it. I heard it was successful,” Trump said in a press conference on Tuesday when asked by a reporter. “Where is it today? Several billion?
“That’s peanuts for these guys,” he added, referring to the networth of other businessmen in the room that included SoftBank’s Masayoshi Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison.
Token prices zoomed 25% in the past 24 hours, beating gains in bitcoin (BTC) and other majors, to reverse losses from earlier in the week. It sits at an $8 billion market capitalization as of Wednesday morning, up nearly 900% since going live.
Trump also unveiled a $500 billion joint venture termed Stargate at the event, which aims to build data centers in Texas and would invest in AI infrastructure.
Meanwhile, some see TRUMP as a bet on the Republican’s popularity and policies in his term, with ripple effects on how it may shape up Web3 and memecoin markets.
“Longer term, TRUMP coin could act as a barometer for public sentiment towards Trump’s presidency,” Yat Siu, co-founder and executive chairman of Animoca Brands told CoinDesk in a message. “Culture memes and tokens are essentially a highly variable public polymarket of culture and zeitgeist, and we’ve seen this play out accordingly.”
“(However) If the initiative is perceived as a cash grab without further engagement, we may well see a crypto chill for meme tokens, potentially draining attention and liquidity out of the meme space. How the TRUMP token is handled is likely to have a ripple effect on trust and reputation for the entire crypto and Web3 industry,” Siu added.
CryptoCurrency
Bitcoin Price Predition: BTC Reaches ATH Of $109K As Yeti Ouro Attracts Whales
The cryptocurrency market has been experiencing heightened volatility. Strikingly, Bitcoin, the biggest cryptocurrency in the world, has caught the eyes of investors and market participants alike.
A new player, Yeti Ouro (YETIO), a hot new utility memecoin has captured whale activity with its splendid blend of gaming and cryptocurrency utility.
Bitcoin Price Prediction
Bitcoin spiked to a new all-time high early in the week but pulled back following the inauguration of President Donald Trump. Under current circumstances, the tables have turned and the king of crypto has cemented its position as the leading cryptocurrency. At the time of writing, Bitcoin price is at $102,052.07 on Coinmarketcap.
Additionally, leading to a market cap of $2.02 Trillion, the asset has recorded a 7.56% in the past week.
A recent report suggested that Trump might back a strategic reserve of “America-First” cryptocurrency. This strategic reserve, reportedly, will include digital assets such as SOL, XRP, and Circle’s USDC stablecoin.
Yeti Ouro: The Next 100X Meme Coin?
Investors majorly whales have shifted their focus to a new utility memecoin built on the Ethereum blockchain, Yeti Ouro.
Notably, Yeti Ouro is a rewarding community-focused asset with a unique blend of real-world utility. YETIO combines the viral appeal of meme culture with a robust use case centred around its thrilling Play-to-Earn game, Yeti Go.
At the heart of Yeti Ouro’s ecosystem is Yeti Go, an Unreal Engine-power P2E racing game that combines fast-paced action with blockchain technology. In Yeti Go, players compete in intense, destructive races where the stakes are high. From knocking opponents off tracks to dodging environmental hazards, the game promises adrenaline-filled experiences.
Players earn YETIO tokens by winning races, completing challenges, and participating in special events, making Yeti Go a gaming experience that’s not only fun but also financially rewarding. Features like power-ups, weaponized gadgets, and customizable vehicles add layers of strategy and excitement to the gameplay.
The dev team recently shared a video showing the first glance of the Level 1 map of Yeti Go game.
Why Whales Are Flocking To Yeti Ouro
As established cryptocurrencies face market uncertainty, whales are turning to YETIO for its growth potential and real-world integration. Yeti Ouro has garnered interest from early investors in its presale giving early investors a more than 40% return on investment (ROI) therefore capturing significant whale attention. The price of YETIO during Stage 2 of its presale is $0.017 and almost a third of tokens allocated for Stage 2 have been sold already.
On the other hand, Yeti Ouro has a deflationary market cap of 1 billion tokens offering the potential for further price gains. Secondly, with great tokenomics, the digital asset has put aside 5% for burning, further reinforcing the notion of potential price increases. Additionally, for the gamers, another 5% has been put aside for rewards.
It is worth mentioning that the asset has undergone rigid auditing from Solidproof indorder to enforce accountability.
Join The Yeti Ouro Community
Website: https://yetiouro.io/
X (Formally Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord:https://discord.gg/YtUsEZ2Zr
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
CryptoCurrency
Crypto firm pleads guilty to wash trading FBI-made token
CLS Global admitted to helping wash trade and manipulate the market for a token made by the FBI designed to draw in those engaged in fraudulent crypto activities.
CryptoCurrency
Neptune shares rise 40% after securing $20m credit line to buy more Bitcoin
Shares of Canadian crypto provider Neptune surged 40% after it secured a $20 million credit facility from Sygnum Bank to buy Bitcoin.
Neptune Digital Assets Corp., a public Canadian infrastructure provider, saw its shares climb 40% on over-the-counter markets after locking in a $20 million credit line from Sygnum Bank, the Swiss digital asset-focused lender.
The loan, backed by Neptune’s Bitcoin (BTC) holdings, will help it expand its Bitcoin stash as well as buy other crypto-related assets, and fund strategic investments, the firm said in a Jan. 21 press release.
“The loan is structured to give us ample flexibility while maintaining Swiss banking protections over the Bitcoin collateral. At this pivotal stage in our development, the US$20 million positions us to expand our digital asset portfolio, pursue strategic investments, and strengthen our balance sheet — without diluting shareholders through equity issuance.”
Cale Moodie, Neptune’s CEO
Sygnum Bank also pears confident in Neptune’s plans, with head of credit Benedikt Koedel sharing his excitement to support the firm “as they expand their digital asset portfolio.” The market responded fast, with Neptune’s shares surging over 40% on OTCMarkets to a record high of $1.15. The firm also trades on the TSX Venture Exchange under the ticker NDA.
The move followed a wave of activity from other public companies rushing to buy Bitcoin under the first pro-crypto administration in the White House. For example, Oxbridge Re Holdings Limited, a publicly listed reinsurance and tokenized asset firm, announced on Jan. 21 that it added Bitcoin and Ethereum (ETH) to its treasury reserves as a store of value.
CryptoCurrency
Koni Stack Launches ‘Football Rivals’ on Telegram, Onboarding Millions of Users to Mythos & Polkadot
[PRESS RELEASE – Hanoi, Vietnam, January 22nd, 2025]
The mini-app will add new utility for User-Owned NFL Rivals Player Digital Assets on the Mythos Chain , proving the interoperability between two different player experiences across two different platforms
Football Rivals will Onboard Millions of Users to Mythos via Koni Stack’s Telegram Mini App-as-a-Service
Koni Stack, the platform that accelerates next-generation Web3 decentralized applications (dApps), today announced the launch of Football Rivals, a new toss-up mini-app. The Telegram app, built using Koni Stack’s mini app SDK, launched today on Telegram.
As a player experience built to be interoperable with and provide added utility for user-owned NFL Rivals player digital assets, which are also used in connection with the hugely popular game from Mythical Games’ title with over six million active players, the Football Rivals mini-app will enable users to utilize such player assets to combine engaging stats-based gameplay with the power of Web3. Players will use digital assets to compete in weekly challenges, with top performers earning MYTH rewards on the Mythos Chain. The app, launched today, is available worldwide to millions of users, making it one of the most accessible and user-friendly blockchain gaming experiences to date!
By tapping into the global Telegram user base, Football Rivals is poised to introduce millions of new players to the Mythos and Polkadot ecosystems. This collaboration between Koni Stack, Mythos, and Polkadot creates an entirely new use case for the blockchain ecosystem, offering a seamless experience for players to now use their owned digital assets across a new experience and platform, proving the interoperability of digital assets and collectibles.
Koni Stack, developed by the team behind SubWallet – the leading wallet in the Polkadot ecosystem – is designed to simplify the onboarding process for users into Web3 via a developer-friendly SDK. With a focus on user-friendly interfaces, SubWallet first revolutionized access to Polkadot with its easy-to-use wallet. Now, through its Telegram mini app-as-a-service, Koni Stack is helping developers create seamless mini apps with low code thus enabling Telegram’s billions of users to seamlessly interact with dApps and blockchain-based experiences.
“We’re thrilled to enable millions of players to utilize their digital assets and collectibles to bring a new experience, Football Rivals, to millions of users on Telegram, leveraging Koni Stack’s mini app SDK,” said Hieu Dao, CEO of SubWallet and Koni Stack, “This effort not only demonstrates the scalability of Mythos and Polkadot but also opens up a new avenue for further application of blockchain technology, creating more fun, accessible ways for players to engage with Polkadot.”
“We’re excited to see Koni Stack release Football Rivals on Telegram,” said John Linden, CEO of Mythical Games. “By using the Mythos Chain’s robust ecosystem and Koni Stack’s mini-app SDK, this mini-app shows the power of web3 and the ability for one group to build extended value for players through interoperability. The fact that Koni was able to build a new player experience*,* enabling interoperability and allowing players to use the NFL Rivals digital assets they earned and purchased in connection with another application, is what web3 is all about, and Football Rivals makes this a reality!”
As Football Rivals takes off, it is expected to drive significant on-chain activity on the Mythos chain, onboarding millions of users to decentralized platforms. The apps integration with Telegram, combined with Polkadot’s scalability and interoperability, will be a powerful tool for introducing the next generation of users to blockchain technology.
For more information about Football Rivals, users can visit t.me/footballrivalsgame.
About Koni Stack
Koni Stack is an all-in-one platform that accelerates the development and deployment of next-gen Web3 dApps. It enables developers to build intent-based dApps for the masses with zero fragmentation, using two key modules: dApp-as-a-service and mini app-as-a-service. The dApp-as-a-service module allows for seamless, unified dApps that can access users and liquidity across multiple networks with one-time deployment, while the mini app-as-a-service module lets you quickly create and deploy Telegram mini apps by simply plugging in ready-to-use modules.
About Mythical Games
Acknowledged by Fast Company’s World Changing Ideas 2021 and recently Forbes’ Best Startup Employers (2024), Mythical Games is a next-generation game company creating world-class games and empowering players to take ownership of their in-game assets through the use of blockchain technology. The team has helped develop major franchises, including Call of Duty, Call of Duty Mobile, World of Warcraft, Diablo, Overwatch, Magic: The Gathering, EA Madden, Harry Potter Hogwarts Mystery, Marvel Strike Force, Modern Warfare 3, and Skylanders. Mythical’s current games Blankos Block Party and NFL Rivals are already played by millions of consumers worldwide and create a new economy for players allowing them to engage in a new way with games but also directly trade and transact safely with other players worldwide.
The Mythical Marketplace, the first in-game blockchain Marketplace on iOS and Android, provides gamers with ownership and control over the purchase and sale of digital assets, while the Mythical Platform protects gamers that may be new to blockchain through a custodial wallet for their digital items.
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