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AVARTA BLOG

The latest cryptocurrency news, stories, and tips.

What Blockchain Gaming Needs to do to Join the Ranks of Sony, Microsoft, and Nintendo

The blockchain space has seen exponential growth over the last decade. The space has gone from a niche corner of the internet only attracting tech and finance enthusiasts to being adopted by some of the world's largest companies and personalities. However, there is still a long way to go before blockchain and digital assets can be considered mainstream. ‍One sector with the most potential to reach mass adoption is blockchain gaming. The sector has grown rapidly recently, with the number of blockchain games doubling in the past year.‍While blockchain gaming has flirted with the traditional, mainstream gaming industry, it has yet to really push through and become an integral part. For the space to survive, it needs to progress past being used exclusively by enthusiasts and be adopted by a more mainstream audience. ‍What exactly is needed for blockchain gaming to be a part of the larger, traditional ecosystem and appear on Sony, Nintendo, and Microsoft's gaming platforms? 
August 15, 2022

Weekly Gaming News: NFT World's to Create Minecraft-like Game, Square Enix Starts NFT Plans, Animoca Brands launches DAO and More

Welcome back to Avarta's weekly gaming news round-up. ‍This week we cover many exciting developments happening in the space. ‍First, we cover Square Enix's first NFT project. Then we cover Bounty Temple's loft goals, NFT World's plans to create its own Minecraft-like game, Animoca Brands launches DAO and TenthPlanets' two upcoming blockchain games. ‍This week's blockchain gaming news update will cover all this and more. 
August 1, 2022

Weekly Gaming News: GameStop and Rainmaker Launch NFT Marketplaces, Animoca Finishes $75 Million fundraiser, and Magic Eden Launch Gaming Venture Arm

Welcome back to Avarta's weekly gaming news round-up. ‍This was another exciting week for the blockchain gaming space as big companies joined the fray, and well-established ones continue their pursuit to bring the decentralized future to gaming!‍First up, GameStop has launched its much anticipated NFT marketplace and surpassed Coinbase NFTs in sales volume in under 48 hours. ‍Next, we go over Rainmaker game's new cross-chain NFT marketplace for blockchain games, Animoca's $75 Million fundraiser and Magic Eden's new gaming venture arm.‍This week's blockchain gaming news update will cover all this and more. 
August 1, 2022

Weekly Gaming News: Former Head of TikTok Gaming Launches Blockchain Gaming Company, Konvoy, Cauldron, and Planetarium Labs Raise Funds, Wemade Launches WEMIX PLAY Hub

Welcome back to Avarta's weekly gaming news round-up. ‍This week shows that the blockchain gaming space has continued to prosper despite the recent digital asset crash. ‍The top story is the former head of TikTok gaming launching a blockchain agnostic gaming company. Konvoy, Cauldron, and Planetarium Labs have all raised funding to help improve their platforms and develop new blockchain-based games. Finally, Wemade launches its WEMIX PLAY hub with 16 blockchain games already available. ‍This week's blockchain gaming news update will cover all this and more. 
July 12, 2022

The Different Types of ‘Blank-to-Earn’ Games & their Positive Impact on the World

As the blockchain space has grown, the number of use cases spawned from it is staggering. Companies are finding countless ways of putting this innovative technology to use. ‍One of the more prevalent types is the ‘blank-to-earn’ games. This blanket term can refer to a number of different games that have incorporated blockchain into their infrastructure to allow players to earn while they play. There is play-to-earn, walk-to-earn, exercise-to-earn, and explore-to-earn, all with different benefits. These are collectively known as GameFi. ‍These innovative game types ensure that gamers can earn while interacting with some of their favourite games. Now the favourite pass time of many can be more than just fun; but also a way to make some additional capital. ‍Through this article, we will break down each category of blank-to-earn games to educate on what they are and how they can improve life and the world.
July 12, 2022

Weekly Gaming News: P12 Closes $8 Million Funding Round; Polium Announces Blockchain Console; BattleFly Joins TreasureDAO; & More

Welcome back to Avarta's weekly gaming news round-up. ‍The past week has seen a lot of development in the blockchain gaming space despise the recent crashes in the digital asset space. ‍This edition will cover Project Twelve's closing of an $8 Million funding round and launching a Genesis NFT Airdrop; Polium announces a new blockchain console; BattleFly joins TreasureDAO: Himo World announces its open beta; and finally, Galaxy Survivor launches. ‍This week's blockchain gaming news update will cover all this and more. 
July 5, 2022

Weekly Gaming News: New Games from G4AL & PlayStation Devs, Oasys Partner with ConsenSys, & New Report Shows Massive Growth in the Space

Welcome back to Avarta's weekly gaming news round-up. This week has a lot of exciting news for the blockchain gaming space. This edition will cover G4AL's new free-to-play game, Catheon Gaming hiring Mark Aubrey as new CEO, Oasys' partnership with ConsenSys, and a new triple-A Web3 game from Playstation veterans.
July 1, 2022

Weekly Gaming News: Merit Circle & YGG Gaming End Partnership, Catheon Gaming Partners w/ Kungfu Dama, Playful Studio Raises $46M for Web3 Game, & More

This week has seen a lot of news related to partnerships. Merit Circle and YGG Gaming end their partnership; Catheon Gaming partners with Kungfu Dama to build a new AAA title; Sknups and Dolce & Gabbana form a partnership. This week's blockchain gaming news update will cover all that and more.
June 20, 2022

Avarta Co-Founder and CEO Matthew Ainscow is attending the Point Zero Forum in Zurich Next Week

It's official! Our Co-founder and CEO Matthew Ainscow is attending one of the premier international fintech conferences in the world next week in Zürich, Switzerland, Point Zero Forum. The event runs from 21 to 23 June 2022.
June 16, 2022

What is GameFi?

The term GameFi is made up of a combination of two words, gaming and finance. GameFi then combines the desire to play games, be entertained, and went with the desire to make money.
June 9, 2022

Weekly Gaming News: GRIT to Launch on Epic Games Store, to NFL Partners with Mythical Games to Create Blockchain Game, & More

Welcome to Avarta's first-ever weekly gaming news round up.This particular round up focuses on arguably the most exciting aspect of Web3. Good old-fashioned gaming (reimagined on the blockchain and with a play-to-earn model that puts money back into your hands instead of centralized gaming companies of course).
June 8, 2022

Indonesian Crypto Exchange Ensures Compliance With Biometric Security-Based Wallet

One of Indonesia’s largest cryptocurrency exchanges will promote Avarta’s biometric security-based wallet and Trust Scoring system to its user base.
May 11, 2022

Avarta Joining Forces with Equinox Business to Introduce the World to ORG 3.0

Avarta is partnering with Equinox Business, a blockchain platform dedicated to serving community driven business enterprises. It is a cohesive set of decentralised applications that work collectively to create a DAO from scratch and do critical business operations using business dApps over Binance smart chain.
April 25, 2022

Avarta offers insights Into the Future of Authentication at Tokocrypto Sembrani Blockchain Accelerator Demo Day

Avarta Co-Founder and Chief Operating Officer Hong Loon presented to participants detailing Avarta’s mission, vision, and approach to offering users a secure, user-controlled authentication layer in Web 3.0 at the Tokocrypto Sembrani Blockchain Accelerator (TSBA) Demo Day earlier this week. 
April 18, 2022

Avarta x SAFU

Avarta is delighted to announce an exciting partnership with safu.net, a decentralised smart contract-based application that delivers a full suite of innovative tools to the Binance Smart Chain (BSC) DeFi ecosystem.
April 7, 2022

What Is A DEX

A DEX stands for decentralized exchange, a peer-to-peer marketplace where transactions between crypto traders occur directly, without interference by an external party.
March 30, 2022

A Guide On How To Buy Ether

Ethereum is an open-source blockchain with ether (ETH) as its native cryptocurrency. People often mistakingly use the terms "Ether" and "Ethereum" interchangeably, but ether is the official token on the Ethereum blockchain. Investors cannot directly invest in Ethereum, but they can do so indirectly by purchasing ether.
March 30, 2022

NFTs AND THEIR ROLE IN THE METAVERSE

The metaverse is essentially a digital environment that operates on blockchain technology. Virtual Reality and Augmented Reality collectively form the visual components of the metaverse, where the blockchain creates the decentralized medium that allows for unrestricted business opportunities and social interactions.
March 30, 2022

HOW TO INVEST IN NFTs

Non-fungible tokens have stirred justifiable interest across the world since 2021. Most people know that NFTs have something to do with cryptocurrency, but what are they, really?
March 30, 2022

Dominant Metaverse Companies

The metaverse is taking the world by storm in our digital age. Since Facebook announced that they were changing their name to Meta, curiosity was born, and interest in the metaverse worldwide grew substantially.
March 30, 2022

ETHEREUM

Ethereum is a software platform based on a blockchain. Its chief goal is to support the second-largest cryptocurrency globally by market capitalization. Ethereum can be used to send and receive cryptocurrency in the absence of an external entity such as a bank or financial institution.
March 30, 2022

Bitcoins Mining Software

Bitcoin is a decentralized cryptocurrency that first originated in 2009. This digital currency allows users of the platform to pay lower transaction fees and process payments at a higher speed than traditional financing. Bitcoin can achieve these improvements because, unlike centralized financial institutions, this digital currency does not include interference by an external entity as an intermediary.
March 30, 2022

Crypto Coins And Tokens

In this article, we will discuss the distinction between tokens and coins in the world of cryptocurrency. As this is a topic commonly misunderstood, it is worth understanding the difference between these two entities.
March 30, 2022

Cryptocurrency Market Analysis

In 2020, the size of the global cryptocurrency market was 826.6 million U.S. Dollars. The Covid-19 pandemic had an immense impact on the cryptocurrency market growth, with a massive demand being evident.
March 30, 2022

How To Trade Cryptocurrency

Cryptocurrency trading entails buying or selling coins via a cryptocurrency exchange or theorizing the trends of crypto prices by a contract for difference (CFD) trading account.
March 30, 2022

What Is The ERC-20 Ethereum Token Standard

The ERC-20 Ethereum standard is the fundamental design involved in the creation of fungible tokens compatible with the Ethereum network across the board.
March 30, 2022

The Yield Farming Process For Beginners

Yield farming is used to earn interest on your cryptocurrency by staking it for a certain amount of time. Similar to depositing money into a savings account, yield farming entails depositing crypto assets to earn interest or other rewards
March 30, 2022

The Ultimate Crypto Bot Trading Guide

Trading bots are software applications that utilize Application Programming Interfaces holding a user's exchange account to execute trades and transactions automatically if the market conditions are favorable and meet a particular set of criteria.
March 30, 2022

What You Can Buy With Bitcoin

Bitcoin has advanced in its capabilities to an impressive extent over the past decade. As a result, the number of businesses that accept Bitcoin payments for various services and products is continuously increasing.
March 30, 2022

How To Sell Bitcoins

It is just as crucial to understand how to sell bitcoin as knowing the systematics of buying bitcoin. After all, everyone wants to be able to enjoy the profits generated from their investment.The process of selling bitcoin resembles buying bitcoin in many key aspects. Selling BTC is essentially the direct opposite of buying this cryptocurrency. Needless to say, you have to possess a crypto wallet containing BTC to sell bitcoin.
March 30, 2022

Bitcoin Halvings

Bitcoin halving is one of the most crucial events to occur on the blockchain. Halving promotes inflation in Bitcoin's price by lessening the number of bitcoins in circulation and thereby elevating the demand for this cryptocurrency. Bitcoin halvings affect all stakeholders in the Bitcoin ecosystem significantly.
March 30, 2022

How To Buy Bitcoins

Investing in Bitcoin may seem like a complicated process, but it is surprisingly simple once outlined as a step-by-step procedure. Trading or investing in Bitcoin requires you to have an account at an exchange, but further storage practices are highly recommended.
March 30, 2022

Avarta X finance.vote

Avarta is delighted to announce an exciting partnership with finance.vote, a leading DAO Tooling provider that offers an innovative suite of collective intelligence and governance tools that enhances the dialogue to high-stakes on-chain governance decisions.
March 25, 2022

Ex Capital Partners (ex-Tembusu) joins Avarta as strategic advisors

The executive team at Avarta is excited about the prospects of the company and firmly believe the insights, knowledge and experience of our strategic advisors will enable us to reach our goals.
March 14, 2022

Ajuna joins with Avarta to secure blockchain gaming

The Ajuna ecosystem is a community-governed network that enables developers to build interoperable games in which players have full control of their assets, both bought and earned. When playable characters, upgrades, and features can be brought out of their original games and into new environments, that opens up worlds of excitement and economic opportunity – but security is crucial.
March 9, 2022

New partnership with Regtank

Avarta is pleased to announce a new partnership with Reg Tank, a next-generation risk-based compliance solution that makes it easy for firms in the fintech arena to onboard and navigate DeFi environments. Leveraging the power of blockchain technology, Regtank digital workflows enable users to screen KYCs, perform risk assessments, keep compliance records and detect potential fraud.
March 7, 2022

CertiK completes audit of Avarta ERC-20 token and smart contracts ahead of launch

Avarta is excited to announce that our smart contracts have been officially certified and audited by CertiK, the leading blockchain security auditing firm for blockchain protocols and DeFi Projects.
March 2, 2022

Vmates PR

Avarta is pleased to announce the collaboration with Vmates, an exciting new era social GameFi platform designed to help people adopt a new lifestyle, make new friends and earn financial rewards through non-fungible tokens. Vmates are newcomers to the gaming metaverse and give players the opportunity to adopt virtual pets,
February 28, 2022

Avarta x Transak

Avarta is pleased to announce a new and exciting partnership with Transak, a fiat-to-crypto on-ramp from a global user base. It does this by providing API-driven fiat payment methods to on-ramp to 100+ crypto assets and abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods and customer support
February 25, 2022

Avarta and Velas Bring Real-World Functionality To Online Trading

Avarta is excited to announce a new partnership with Velas, a decentralized computer that has millions of executable projects, autonomous storage and smart contracts.
February 21, 2022

Avarta x VAIOT

We are excited to announce our partnership with VAIOT, which we expect to take digital transactions across multiple blockchains to the next level. Our goal at Avarta is to develop a real-world capability for users to exchange crypto assets in a highly secure environment, without stepping beyond the boundaries of rigid legal frameworks.
February 14, 2022

Avarta Partners with Coinlink

Avarta, a high-security multi-chain wallet, has partnered with Coinlink, a trading platform that gives users the flexibility to trade Cardano, Ethereum, Polygon and BSC across multiple platforms.
February 9, 2022

Avarta x Unstoppable Domains

Avarta is collaborating with Unstoppable Domains to help onboard users into the Web3 environment and protect valuable NFTs and other digital assets. As one of the world’s leading providers of blockchain-based domains and user-owned, user-controlled identity, Unstoppable Domains enables users to leverage blockchain technology whilst Avarta’s innovative Trust Scoring system and biometric authentication protocols safeguards personal data without infringing privacy laws.
February 8, 2022

The Challenges Of Decentralised Finance

The development and growth of blockchain technology excite even those who are most suspicious of cryptocurrency and all it entails.The potential of decentralized finance is so immense and diverse in its functionality that regulators are recognizing its value and starting to act accordingly. As Defi expands and grows continuously, it is crucial to understand its underlying concepts and the risks involved in these systems.
February 8, 2022

A Detailed Cryptocurrency List

Although Bitcoin is the first thing that comes to mind when we think about the cryptocurrency market, many alternative digital currencies are worth exploring. Bitcoin was undoubtedly one of the first cryptocurrencies to severely impact how we view money and investments. However, it is still only one among numerous innovative investment opportunities.
February 8, 2022

How Do Cryptocurrencies Have Value

Bitcoin is classified as a digital currency that provides an alternative to fiat money.The government issues fiat money, and it does not represent a physical commodity such as silver or gold. The value of such money depends on the stability of the government that issued it and the existing supply-demand relationships.
February 8, 2022

Decentralized Applications

We all know that a central authority like a bank powers traditional financing. dApps introduce a fresh way of conducting transactions, and interactions with personal finances as a single authority does not control it but rather exists as a peer-to-peer network of many computers instead of just one.
February 8, 2022

Crypto Loans

Like investments such as a house or a car, cryptocurrency can be used as security for crypto loans. The major advantages that crypto loans have over traditional loans are the low-interest rates and the fact that the money is available instantly without the need for a credit check.
February 8, 2022

Where Crypto And The Metaverse Meet

The digital age has revolutionized the term "metaverse" that previously only existed in science fiction novels. Today, the metaverse is probably the most discussed topic in the tech world. Software engineers and game developers are constantly trying to stay ahead of the growth of the metaverse.
February 8, 2022

Avarta is Pleased to Announce the Backing of MH Ventures

We firmly believe that MH Venture’s connection to influential crypto communities will help to advance our project and promulgate mass adoption and we thank them for their support and shared vision.
February 2, 2022

Avarta is Creating the Most Secure Biometric Digital Wallet in the World

Singapore City, Singapore, 31st January: In a bid to provide the most trusted identity and authentication solution for blockchain applications, Avarta has inked a partnership with FaceTec, creators of the world’s leading 3D Face Liveness and Matching software.
January 31, 2022

Coach K joins the Avarta Board as Strategic Advisor

Avarta is excited to welcome Joel Kovshoff, better known as Coach K to join the team as a strategic advisor. Joel is the founder of Alpha Stone Capital and having spent thousands of hours studying and analyzing trading charts, has earned a reputation as a trading specialist with “alpha skills”.
January 26, 2022

Avarta partners with Epic Meta to create a secure, coherent Metaverse experience

January 24, 2022

Avarta partners with Libre DeFi to provide frictionless decentralized finance for the masses

Avarta is partnering with Libre DeFi, a multi-chain DeFi platform for all, to introduce a new era of frictionless decentralized finance for the masses.
January 20, 2022

Avarta partners with Bit Hotel to redefine the blockchain gaming industry

Avarta is partnering with Bit Hotel, an NFT based play-to-earn game to redefine the blockchain gaming industry. Bit Hotel allows their players to explore revolutionary NFT gaming, where they get to collect NFT items and display them in their room or in mini-games.
January 17, 2022

Avarta partners Sproutie on Trust in the Metaverse

Avarta and Sproutie are working together to revolutionize the Metaverse through a planned pilot use of a dynamic Trust Scoring system.
January 14, 2022

Everything You Need To Know About Decentralized Finance (DeFi)

Decentralized Finance or DeFi is an open and global financial system designed for the online market. It is a system used as an alternative to others that are seen as non-transparent, tightly managed, and founded on infrastructure and processes that are decades old.
December 17, 2021

A Comprehensive Beginner's Guide to Smart Contracts

Understanding what a smart contract is, begins with knowing that it is a program that runs on a blockchain network. Another thing to note is it is tamper-proof and set to execute when specific predetermined conditions are met.
December 17, 2021

Crypto Exchanges: How do They Work?

If you want to buy and sell cryptocurrencies, such as Bitcoin or Ethereum, you need to understand what crypto exchanges (cryptocurrency exchanges) are. Digital currencies are traded using crypto exchanges for another type, such as when converting Bitcoin to Litecoin. Crypto exchanges are also the platform traders use to exchange regular money for cryptocurrencies, such as the U.S. dollar.
December 17, 2021

Everything You Need To Know About NFTs

In the past year, the popularity of non-fungible tokens (NFTs) has skyrocketed, gaining various use, from art to food and grocery products. NFTs are a type of digital asset that sells for a massive amount of money, some even sell for millions of dollars.But many are left to wonder about the long-term viability of investing in NFTs in the digital world. Some experts say they will not last. Others believe they are poised to become a game-changer in the industry.
December 17, 2021

A Beginner's Guide to Digital Currency

here are thousands of cryptocurrencies in circulation today. But the most popular ones, such as Bitcoin and Ethereum, are among the oldest digital currencies. You can use cryptocurrency in place of money to purchase products and services. The value of each cryptocurrency changes based on the crypto market. On the other hand, some individuals prefer to treat cryptocurrencies as assets, investing in them like they would in company stocks.
November 15, 2021

What is a Bitcoin Wallet, and Where Can I Store my Crypto?

One can store and transfer a variety of digital currencies such as Bitcoin using a wallet. A wallet app essentially allows you to interact with the blockchain, manage your Bitcoin's address, and transfer it to other addresses. As part of the interaction with the blockchain, the wallet also generates its address using the key.
November 5, 2021