Advertisement
AD

Main navigation

Solana Labs Unveils GameShift, Web3 Innovation for Game Creators; Market Abuzz as NuggetRush and THORChain Soar in Value

Advertisement
Wed, 8/11/2023 - 11:00
Solana Labs Unveils GameShift, Web3 Innovation for Game Creators; Market Abuzz as NuggetRush and THORChain Soar in Value
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News
Advertisement

Solana Labs unveiled GameShift, a revolutionary platform, partnering with industry leaders to simplify Web3 integration into Solana (SOL) games. This development aligns with Solana's developer-focused vision and offers a foundation for the next era of gaming.

NuggetRush (NUGX) is a DeFi project creating a vibrant gaming community, rewarding players, and supporting artisanal miners. NUGX holders earn rewards through gaming activities and unique gold-based incentives.

Supporters of NuggetRush (NUGX) can take part in pre-sale and buy tokens here.

THORChain (RUNE) has rebounded impressively, becoming the first large-cap altcoin to recover after the Terra (LUNA) collapse. Key factors driving this resurgence include liquidity fees nearing all-time highs and a rising number of swappers on THORChain’s network.

Advertisement

Solana Labs Unveils GameShift, a Game-Changing Platform for Web3 Integration

Article image
Source: freepik.com

In a significant development, Solana Labs introduced the beta release of GameShift on November 2, 2023. Gameshift is a groundbreaking platform designed to transform the integration of Web3 features into video games developed on Solana’s (SOL) blockchain.

This transformative development on Solana (SOL) arises from a partnership with industry giants such as Coinflow, Crossmint, and Metakeep. Notably, the GameShift API unleashes a smooth strategy for Solana (SOL) game developers to incorporate Web3 experiences without diving into the complexities of blockchain technology.

The GameShift launch was the highlight of Solana (SOL) Foundation’s annual flagship event, Breakpoint 2023. This event highlighted the remarkable accomplishments and innovations within the broader Solana (SOL) community, reinforcing the platform's dedication to advancing blockchain technology.

On November 6, 2023, SOL was trading at $40.06

NuggetRush (NUGX) DeFi Project with Social Focus Offers NFT-Backed Gaming Experience

NuggetRush (NUGX) is a new DeFi project aiming to create a socially focused and entertaining gaming community. It offers an intensive gaming experience that helps reward gamers and offers help to artisanal miners in developing nations. 

NuggetRush (NUGX) is highly popular in the crypto space because it focuses on creating an active and empowered community.

NUGX token holders get impressive rewards through ranked play, quests, battles, tournaments, and more. NuggetRush might be self-sustaining and revenue-generating with the help of gold dealers who send RUSHGEM awards directly to the miners’ destinations.

What makes NuggetRush (NUGX) impressive is the game’s characters doubling as non-fungible tokens (NFTs). Notably, these NuggetRush (NUGX) NFTs are considered the best and most popular in the market.

NuggetRush’s (NUGX) presale has sold over 29.5 million tokens. Currently, NUGX tokens are trading at $0.012 in Stage 2 of the presale and will increase further in Stage 3.

These remarkable features and an impressive presale performance indicate the possible dominance of NuggetRush (NUGX) once it launches in the market after the crypto ICO achieves its target. 

Supporters of NuggetRush (NUGX) can take part in pre-sale and buy tokens here.

THORChain (RUNE) Rebounds as the Market Fundamentals Support the Rally

On November 4, 2023, one crypto researcher at Delphi Digital, Can Gurel, highlighted some fundamentals of THORChain (RUNE) operations that might have supported its rally. THORChain (RUNE) became the first large-cap altcoin to recover to the levels previously seen before the Terra (LUNA) collapse.

Liquidity fees, the ‘lifeblood’ of great THORChain (RUNE) economics, nearly reached an all-time high in October 2023. Interestingly, liquidity fees set another record, with their share in the total protocol revenue hitting record highs. Also, the number of unique swappers on the cross-network THORChain (RUNE) ecosystem has increased considerably.

Also, since THORChain (RUNE) offers better exchange options than many other centralized exchanges, the amount of liquidity on the platform exceeded April 2022 records.

Lastly, as highlighted by Gurel, the amount of bonded THORChain (RUNE), temporarily removed from speculative circulation, is hovering near an all-time high. Furthermore, the volume of savers on THORChain (RUNE) surpassed $40 million for the first time.

On November 6, 2023, RUNE was trading at $3.35. 

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD