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EigenLayer plans to distribute 86 million EIGEN tokens, around 5.1% of its total supply, as part of its Season 2 “stakedrop” campaign. The distribution will be split across three groups: Stakers and Operators: 70 million tokens are allocated to participants who staked and operated on the protocol. Ecosystem Partners: AVSs, liquid staking protocols, and other key contributors will receive 10 million tokens. Community Members: Early advocates and contributors will share 6 million tokens. The airdrop is based on a snapshot taken on Aug. 15, 2024, with claims opening on Sept. 17, 2024.
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ME Foundation, the entity behind the NFT marketplace Magic Eden, announced the launch of its token ME on Thursday. Magic Eden joins a slew of other NFT marketplaces like Blur, LooksRare, X2Y2, Tensor and Sudoswap in launching a token. OpenSea is now the last major holdout in that group. ME will be claimable via the Magic Eden wallet on mobile and desktop, while details around its supply and distribution will be announced at a later date. US users will not be able to claim ME.
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Telegram-based games like Hamster Kombat are setting the stage for true mainstream Web3 gaming adoption. Viral clicker game Hamster Kombat is among the “first generation” of games to facilitate large-scale Web3 gaming adoption, according to Yat Siu, co-founder and chairman of Animoca Brands. Siu told Cointelegraph in an interview: “With platforms like Telegram and TON [The Open Network], you have the ability to boost that [Web3 adoption] because they don’t have those restrictions. Those clear games are the demonstration of the first generations of games that will bring us mass adoption into Web3.” Hamster Kombat surpassed 300 million players at the end of July as it’s gearing up for what it claimed to be the “largest airdrop in the history of crypto.” Hamster Kombat is reportedly the third-fastest app in the world to reach 150 million users. The game might even be on its way to securing a Guinness World Record.
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The non-fungible token (NFT) market is gearing up for a wild ride, with projections estimating it will soar to over $3.3 billion in revenue and attract more than 16 million users by 2028. NFTs are verifiable representations of digital and physical goods that exist on a blockchain. Unlike cryptocurrencies, which are interchangeable, NFTs are one of a kind, representing ownership of a specific item — be it digital art, music, collectibles or even virtual real estate. This uniqueness is what gives NFTs their value and appeal. From famous brands to prominent artists, NFTs have quickly gathered an audience that exceeds blockchain and crypto chambers.
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Cryptocurrency hackers have now stolen over $1.2 billion following hacks in August, raising further concerns about widespread crypto adoption. The crypto industry saw a total of $1.21 billion worth of digital assets lost to hacks and rug pulls year-to-date in 2024 across 154 individual exploits. This represents a 15.5% increase compared to the same period in 2023, when losses totaled just over $1 billion, according to an Immunefi report shared with Cointelegraph.
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The American business magazine Forbes is Web3-ifying its exclusive membership offerings with a new partnership with the OKX Wallet that fast-tracks user applications to its digital community. At the center of this collaboration is the Forbes Legacy Pass non-fungible token (NFT), a digital collectible that opens up a token-gated, members-only world for major players, stakeholders and innovators in the Web3 space connect. On Aug. 29, the collaboration was announced, making OKX Wallet the only onchain wallet that will offer fast-track application review for the Forbes Legacy Pass, which has a total supply of 1,917. According to the announcement, OKX Wallet users will have priority applications via OKX drops. The NFT grants access to “high-profile” in-real-life events, influence on the Forbes Web3, and access to the Forbes Inner Circle, among other benefits.
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Sony just announced its own Ethereum L2, "Soneium," with a testnet deployment coming soon. 🛠️ Built with Optimism's OP Stack, Soneium aims to protect creators' rights and introduce new profit-sharing mechanisms. More details to come as they join the Superchain ecosystem! #Soneium #Ethereum #L2 #Blockchain
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Forgotten Runiverse, has introduced a new feature that adds an interesting twist to its gameplay—the Donuts points system. This system which is currently live is designed to reward players with on-chain benefits. This guide will walk you through what the Forgotten Runiverse Donuts system is, how it works, and how you can maximize your rewards during the Open Beta phase. The Donuts points system is a newly launched feature in Forgotten Runiverse that offers players an opportunity to earn on-chain rewards through gameplay. These rewards are tied to the game’s economy and can be accumulated by participating in various in-game activities. Players earn Forgotten Runiverse Donuts by engaging with various aspects of the game. Whether it’s completing missions, participating in events, or simply exploring the world of Forgotten Runiverse, every action can contribute to your Donut balance. These points are stored securely on-chain, ensuring that they are both traceable and protected.
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The Immortal Rising 2 pre-registration phase has officially begun, offering exclusive opportunities to secure rewards before the game’s global release. Building on the success of the original Immortal Rising, this dark fantasy idle RPG has already captured the attention of the gaming community. To celebrate the upcoming launch, the developers have launched several events aimed at both new and returning fans during the pre-registration period. immortal Rising 2 continues the legacy of its predecessor, Immortal Rising, which quickly rose to the top of South Korea’s gaming charts. The original game achieved over 2 million downloads and generated $12 million in revenue within its first year. Set in a dark fantasy world and set to launch on the Immutable chain, Immortal Rising 2 immerses players in the role of Immortals—ancient warriors revived to battle the Seven Demons threatening their world.
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GAme -3 Of open lobby S2 FABLEBORN I was already playing Fableborne since its Season 1 P2A campaign, so when Season 2 started and the game joined the KGEN open lobby, it came as a surprise! I'm really excited to grind both the P2A campaign in Fableborne and the KGEN leaderboard grind! 😃 @kgen #openlobby
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The Farcaster-based games campaign was absolutely incredible! It was thrilling to take on the challenges and compete against other clans and fellow @kgen members. Huge kudos to @0xshob, who rose to the occasion and emerged as the ultimate champion proving his true skill as a gamer!
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Hyped
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