[BlueWallet](https://bluewallet.io/) is a non-custodial mobile Bitcoin wallet that allows users to do more than send, receive, and store Bitcoin (BTC). It is highly secure, feature-rich, and compatible with the Lightning network. It is designed to be simple yet extremely powerful. 

BlueWallet Pros and Cons 

## Pros 

- Plenty of usability features. 

- Compatible with the Lightning network. 

- Simple user interface. 

Available on desktop and mobile. 

## Cons 

- Only supports BTC. 

- Not enough guidance and educational materials. 

## BlueWallet Features 

BlueWallet has lots of usability [features](https://bluewallet.io/features/). They include; 

- Multiple wallets: The feature allows you to import compatible wallets from other BTC platforms like Bread and Electrum and manage them on the app. 

- Watch-only: It allows you to import your offline wallets' public addresses without going offline. It enables you to connect your hardware wallet and manage your cold storage. 

- MultiSig vault: It adds an extra layer of security to every transaction made. It works like two-factor authentication, requiring two or more private keys to confirm transactions. 

- Lightning wallet: The feature allows you to use the Lightning network without opening channels, being online, or operating and maintaining a node. You will, however, need to create a Lightning wallet. 

- Fees and transactions control: It allows you to set the fees you wish to pay for transactions. However, the lower the transaction fee, the longer it will take for transactions to be verified. 

- Plausible deniability: It allows you to define a different password that will decrypt a "fake" wallet setup. 

Other features include coin control, Payjoin, offline mode, custom entropy, Coldcard support, Cobovault support, hardware wallets support, PSBT (Partially Signed Bitcoin Transactions) support, broadcast transactions, notifications, Segwit support, batch transactions, multiple storages, and so much more. 

## Supported currencies 

BlueWallet only supports [Bitcoin](/coins/btc). However, it allows users to display the value of their BTC holdings in more than 30 fiat currencies, including EUR, AUD, USD, CAD, JPY, CHF, GDP, BRL, CZK, CNY, HRK, MYR, INR, MXN, and RUB. Blue has integrated MoonPay, which lets you easily buy BTC within it. 

## Accessibility 

BlueWallet is available in almost every country. It has desktop and app versions that can be downloaded on iOS and Android devices (as long as the app store permits it). 

It is available in more than 30 languages, including English, Spanish, French, Chinese, Japanese, Russian, Italian, Indonesian, Swedish, Norwegian, Danish, and Turkish. 

## Is it safe to use? 

BlueWallet is safe to use. It uses a 24-word mnemonic recovery seed to recover funds in case you lose your phone or forget your PIN. As a user, you can activate biometrics to unlock, delete, and sign a transaction. 

Wallets can also be encrypted with an additional password if you wish to add another layer of security. A further security feature is an option to set up decoy wallets in case you are forced to unlock your wallets. A decoy wallet may only be activated if a user has the encryption password set up. 

## Conclusion 

There are many reasons BlueWallet is considered by many as the best Bitcoin wallet. It is not only highly secure and feature-rich, but also very easy to use. Despite the fact that it is a BTC-only crypto wallet with little education materials, it is a great wallet to use for all your BTC business. 

BlueWallet Review 2023

## QuickSwap Exchange: What it is and how it works  

This article examines QuickSwap, a modern cryptocurrency exchange that offers high-end crypto services for liquidity pools, enabling users to swap compatible cryptocurrencies. It will allow you to understand better this exclusive exchange, how it operates, the list of available tokens, and straightforward steps to use it. 

As information and understanding about cryptocurrencies increase, the need to check and explore more than 100 popular crypto varieties can be overwhelming. Additionally, those coins are hosted by different blockchain networks with different token compatibility levels. Some platforms have ideated, designed, and launched liquidity pools into blockchain networks to address situations where the demand for some digital currencies is greater than the supply.     

## What is QuickSwap exchange? 

QuickSwap is a layer-2 decentralized cryptocurrency application supported by the Polygon blockchain’s layer-2 scalability infrastructure and enables users to swap ERC-20 tokens. The forum operates an Automated Market Maker (AMM) tool and liquidity pools to reward community members. As a decentralized exchange (DEX), the platform is pivotal in the burgeoning decentralized finance (DeFi) ecosystem.    

Launched in October 2020, only four months after the unveiling of [Polygon’s Mainnet](https://polygon.technology/), the exchange uses a transparent, community-focused governance structure where only 3.25% of the token supply is reserved for the team. The remaining bulk of 96.75% is allocated to the community. Since it's a DEX, there's no need for Know Your Customer (KYC) protocols. A user only needs a compatible wallet and MATIC tokens for settling transaction fees.   

As a layer-2 blockchain application, QuickSwap DEX offers numerous advantages, the greatest of which are reduced gas prices and lightning-fast transactions. By taking advantage of the Polygon layer-2 scalability solution, users can enjoy near-zero transaction fees and up to 65,000 transactions per second. Moreover, the platform aims to create a hassle-free experience for users interacting with DEXs and DeFi by creating a user interface that's easily accessible to even non-technical users.  

The QuickSwap exchange offers swapping for numerous tokens and currently supports over 100 ERC-20 tokens in addition to at least 200 liquidity pools. Additional incentives include offering DeFi farming pools where users earn on the Proof-of-Stake (PoS) protocol by providing digital assets for lending. Currently, there are more than 80 farming pools from which to choose. Holders of QUICK, the protocol's native token, make up the community and can vote on anything from the commission to change the reward distribution algorithm. 

## Main features 

QuickSwap offers functionalities that fill in gaps most leading DEXs leave. The main features include the following: 

Layer 2 transactions: By leveraging Polygon’s main feature of fast transactions, asset exchanges on QuickSwap can take less than two seconds and cost a fraction of what the Ethereum network charges.  

Non-custodial trading: Unlike centralized exchanges (CEX), users can trade directly from wallets like Metamask or others supporting [ERC-20 tokens](https://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/). This means you retain the private keys and total ownership of your tickets, unlike in CEXs, where to must deposit your assets in the platform’s exchange.  

Yield farming: Users can contribute to liquidity pools and earn passive income through [yield farming](/news/article/yield-farming-crypto). A part of the amount charged as transaction fees is distributed equitably based on a user’s contribution to the collection.    

Community administration:  Token holders, who make up the community, retain voting rights on the platform, while stakers can profit from trading fees. They can vote to determine procedures and improvements in the protocol’s operations.  

## How QuickSwap works 

QuickSwap is head and shoulders above conventional exchanges by creating liquidity pools of tokens that users can access for swapping. The platform operates the Constant Product Market Maker design, a variant of a model called Automated Market Maker (AMM). AMMs are smart contracts that regulate liquidity pools enabling investors to conduct smooth trades such as buy/sell crypto orders. 

Instead of trading as makers and takers, users interact with a [smart contract](/news/article/smart-contracts-revolution), a specialized Ethereum-based computer program that automatically handles and regulates token exchanges without third-party intervention. 

Users can provide liquidity by depositing a pair of coins of equal value and, in return, receive liquidity pool (LP) tokens. The LP tokens are considered a receipt for the amount they have contributed to the pool and are burned as soon as a user reclaims their token. However, a user can also provide their LP tokens to third parties to use in yield farming, where the fees are constantly reinvested into the pool to earn compound interest.   

## How the platform makes its money  

Unlike CEXs that make money by charging their users fees, the liquidity providers on QuickSwap earn transaction fees from the 0.3% fee on swaps made from the liquidity pools. Liquidity providers can claim the portion of earned fees equivalent to their proportion of overall liquidity anytime they want, and they're free to reinvest them. 

## How to use QuickSwap  

If you're interested in using the platform, you only need an internet browser on your PC or mobile device. You want to ensure that you visit the official website and follow the simple steps laid out below:   

1. Visit [https://quickswap.exchange/#/](https://quickswap.exchange/#/) on your desktop or mobile browser. 
2. Connect a compatible digital wallet using a mobile wallet app or your desktop browser extension wallet – ensure your wallet supports the Polygon network – [Metamask](/news/tag/meta-mask-tag) and Trust are good examples.  
3. Ensure you’re on the “Swap” tab before initiating transactions.   
4. Select the token you want to swap from and the token you’re interested in receiving.  
5.  Click “Swap” – you’ll get a pop-up window asking you to review your selection.  
6. Review your transaction details in the pop-up window.  
7. Confirm the request in your digital wallet.  

## List of tokens available for swapping 

QuickSwap supports more than 100 ERC-20 tokens, and the following is a list of a few exclusive ones – note that this list isn't conclusive. They include ZeroSwap Token and Yearn.finance Token, Wrapped Bitcoin, WOO Network Token, WazirX Token, and Vulcan Forged PYR Token. 

Others are USD Coin, UniSwap Token, Unilend Finance Token, Unibright Token, TrustSwap Token, and Tether. The list includes QuickSwap Token, PlayDapp Token, Opacity Token, Matic Network Token, Mantra DAO Token, and IOI Token. You should find Ethereum, EasyFi Token, DSLA Protocol Token, DinoSwap Token, DeRace Token, Dai, Compound Coin, ChainLink Coin, Aave, and Celsius token in that long list of compatible tokens.  

## Available deposit methods 

Like all other DEXs, QuickSwap doesn’t provide the option for fiat currency deposits, meaning that you can’t do any transaction without some crypto holdings. If you’ve never dealt with cryptocurrencies, you can easily buy your first crypto from any entry-level exchange accepting fiat currency deposits.    

## Assets' security 

DEXs have their servers spread globally, meaning there's a lower risk of downtime and cyberattacks. Moreover, when you trade at a DEX, the platform doesn't touch your assets. Even if a hacker infiltrated the exchange, they wouldn't access your purchases, making them very safe. 

## Wrapping up QuickSwap 


As the platform continuously increases the number of available token pairs, the protocol is on its way to becoming a prominent brand among layer-2 scaling solutions and DeFi platforms. Moreover, the icing on the cake could be a reasonable price for the QUICK token. 

quickswap exchange logo on pile of cryptocurrency coins

QuickSwap Exchange Explained

Where should you keep your cryptocurrency? In a custodial wallet or a non-custodial wallet? 

The last five years have witnessed a dramatic rise in the popularity of cryptocurrencies. For their continuing development, the average user must be comfortable managing and securing their digital assets. Therefore many industry experts believe the development of the crypto wallet is [crucial to market expansion](https://dailyfintech.com/2020/08/31/crypto-built-on-top-crypto-wallets/). 

The modern crypto wallet is essentially a piece of secure digital software allowing consumers to store their precious digital assets safely. 

Crypto wallets fall into two main categories: 

- Custodial wallet. 

- Non-custodial wallet. 

The difference is relatively straightforward. In the custodial example, a third party takes ownership of your private keys and provides management services for the user. Conversely, a non-custodial wallet is managed purely by the consumer, private keys and all. 

In the simplest terms, [private keys](https://www.investopedia.com/terms/p/private-key.asp) are those held by the user, whereas public keys are given to any third party wishing to send crypto to that wallet's address. Two keys for the same lock. 

Choosing between a custodial or non-custodial wallet is about personal preference. However, as we can see from the example above, a non-custodial wallet provides users with total control over their digital assets. Given the number of exploits and crypto hacks in recent years, non-custodial wallets have seen an explosion in growth concurrent with the rise in the popularity of crypto. For more information on some of the best UK wallets available, check out [our article](/news/article/best-crypto-wallet-uk-top-picks). 

## Differences 

So, other than private keys, what are the main differences between custodial and non-custodial wallets? 

Firstly, non-custodial options provide the consumer with much greater control over their private finances and effectively allow the user to become their own private bank. 

Secondly, with non-custodial wallets, all transactions are shown in real time, while custodial methods tend to back-log transactions to make use of more profitable times to transact. 

Thirdly, because custodial wallet providers need to store data on their customers, there is a much higher risk of data breach and hacking, leading to higher costs and slower transaction times due to increased security measures. 

One of the main drawbacks of the non-custodial wallet is the lack of backup and recovery possibilities should things go wrong. Of course, non-custodial providers often feature opportunities for backup, but if this is lost, you are really on your own. While this isn't the case across the board, third-party providers of custodial options often have a more robust recovery procedure if anything goes wrong. 

Finally, any custodial wallet is only accessible if connected to the internet, while non-custodial balances are available 24/7. This could prove problematic in more ways than one. 

Overall, the choice between a third-party custodial and a non-custodial provider is personal, but the non-custodial option provides the consumer with much greater flexibility, even if it requires more personal responsibility. 

As we all know, given the current economic climate, having control over your personal finances isn't such a bad thing. 

Man with wallet. Question mark overlayed with blue filter

Is a non-custodial wallet right for me?

The play-to-earn blockchain gaming market remains one of the relatively undiscovered crypto earners with much potential. Despite what seems to be a dropoff in interest in blockchain gaming, new games are still coming on stream. One of these games is the League of Kingdoms, introduced into the market in 2021. 

## The League of Kingdoms concept 

League of Kingdoms is a multiplayer, play-to-earn crypto game based on gathering rewards via the conquest of lands and resources of other players. The plot of the game will remind you loosely of the Game of Thrones TV series. 

The game is all about building kingdoms and expanding these kingdoms. This will involve forging key alliances as you progress. You earn from unlocking new levels within the game and conquering other territories to expand your kingdom. 

The user starts with basic resources and has to deploy skills and intellect to harness new resources to build the structures that eventually form the castles that make up the kingdom's buildings. You must work on these until your kingdom's buildings become more formidable and better fortified. You will eventually unlock new resources to build an army that can partake in conquests to expand the realm. You will have to battle other players, and these will sometimes involve forming alliances to defeat bigger enemies. 

Ultimately, the scope of the wars expands. As showcased in the game's final levels, players from various continents battle to secure territory. This is indeed a league where kingdoms are made. At each point of conquest, successful players receive digital assets as rewards. Some of these rewards include the governance token of the project. 

The game is available on smartphones and PCs and remains worth playing even as the crypto winter persists. Please check the [latest UK NFT tax rules](/news/article/nft-tax-uk-rules-explored) if you want to play the game for money. 

## How to play 

The game is free to join and play. However, you will need access via your fractal wallet. The "Connect Wallet" option exists at the top right of the game's website so you can connect your wallet to plug into the game. Metamask and [Trust Wallet](https://www.g2.com/products/trust-wallet/reviews) are just two of several wallets that give you access to the game's interface. 

There have been complaints that the game has bugs and that the developers do not provide the best customer service. If you face these challenges, you may need to contact them via the Discord channel. 

pink image of league of kingdoms metaverse game logo.

League of Kingdoms: Worth Playing in 2023?

[Unity engine games](https://unity.com/), developed by Unity Technologies, have existed since 2005. Unity provides more developers access to game development tools, which was a groundbreaking idea during that time. The engine has undergone significant changes and expansions throughout its extensive lifespan, constantly adapting to the latest practices and technologies. 

Even today, its primary focus remains on offering a comprehensive set of tools to the game development industry and ensuring that the engine is accessible to developers of all skill levels, including beginners. 

Unity Technologies has also broadened its reach to other sectors, emphasising real-time 3D development, making it one of the most powerful engines available. 

## Unity engine games features 

Following are the key features offered by the platform to its users. 

1.    2D & 3D graphics support 

The platform provides support for both 2D and 3D graphics. It allows users to choose their preferred art style for their projects, with each graphic type equipped with specialised tools. For instance, 2D graphics offer tools such as sprite sheet cutting, while 3D graphics provide users with the ability to create custom materials, customise lighting, build shaders with the shader graph, and use post-processing effects. 

Additionally, users can create 2D tilemaps or generate 3D terrain within the engine. Various script APIs are available for each graphic type to access different physics options suitable for their preferred style. 

2.    User-friendly architecture 

The Unity development platform provides a user-friendly architecture for creating games. Unity engine games are divided into scenes containing all the necessary game objects for a particular level, such as the background, player character, enemies, bullets, and more. 

Unity also allows for parent-child relationships between objects in the hierarchy, simplifying the process of adding multiple objects, such as outfits, guns, or colliders, to one parent-player character object. 

Additionally, it offers the Inspector tool, which grants quick access to all object properties, enabling developers to make on-the-fly changes without constantly delving into the code. 

3.    Scripting API 

Unity offers a scripting API that provides developers convenient access to frequently used game features and specific engine functionality, enabling them to avoid working without prior knowledge. The scripting API covers all the elements the Unity Inspector can control, such as UI elements, audio playback, position, rotation, and materials. For instance, while modifying the text colour of UI elements from the engine itself is possible, the scripting API also offers this capability through code. Additionally, ample documentation is available to assist developers in using the scripting API to their advantage. 

4.    Animation tools 

Unity provides a comprehensive suite of animation tools that can be used for 3D and 2D graphics. While importing animations from other software is possible, Unity allows you to animate your projects directly within the engine. This includes manipulating the position and rotation of an entire object and adjusting the bones in a 3D model. Even 2D images can be rigged with bones in Unity engine games. 

These features can be accessed through the scripting API, which gives you much control over your animations. 

Unity's Animator system allows you to create animation state machines with ease. This means that animations can be played based on player actions, such as jumping, and can transition smoothly between each other. The Animator is presented in a visual graph style, making it simple to understand how everything is connected. 

5.    Cross-platform build support 

The platform enables developers to export Unity engine games to a vast range of locations by downloading the relevant development kit. Platforms include Android, iOS, Windows, MacOS, Linux, PS4, and Xbox One. 

Moreover, the engine facilitates exporting HTML5 games for web deployment, provided that the performance meets the optimal standards. 

With Unity, [game](/news/article/luna-rush-gem-of-a-game) developers can minimise the number of modifications required for different platform builds, thus reducing the need to create multiple project versions for each platform. 

6.    AR and VR support 

The platform supports VR ([virtual reality](/news/article/metaverse-vr-project-guide)) and AR ([augmented reality](/news/article/augmented-reality-tokens-explained)) technologies. For VR, it provides a range of packages that support most VR headsets, which are continuously updated to keep pace with evolving technologies. Additionally, developers can use the engine to test their VR games. 

In the case of AR, the game engine offers various packages for ARCore and ARKit. Unity has also developed AR Foundation, which enables developers to create AR apps for Android and iOS without needing separate projects. 

Unity has also introduced the XR Interaction Toolkit to simplify developing VR and AR games. 

## Top 5 Unity engine games 

1.    Cuphead 

[Cuphead](https://www.cupheadgame.com/), a video game released in 2017, is categorised as a run-and-gun game and was developed by Studio MDHR. The game utilises the flexibility of the Unity graphics engine and is designed with an aesthetic inspired by the rubber hose style popular during the golden age of American animation. The game's challenging gameplay and retro feel have amassed a dedicated following of fans. Cuphead has achieved critical and commercial success, selling over six million copies in three years and receiving numerous awards. A Netflix animated series has also been produced, highlighting the game's strong appeal to audiences. 

2.    Ori and the Will of the Wisps 

This popular 2D Metroidvania game features the player controlling the character of Ori, a white guardian spirit. [The game](https://www.orithegame.com/) involves intricate puzzles that players solve by jumping, climbing, gliding, and swimming between different platforms. It has been highly acclaimed by critics and players, who praised its engaging gameplay, art direction, story, action sequences, musical score, and environmental design. This game is a sequel to Ori and the Blind Forest, one of the earliest AAA titles to be created on Unity and achieved significant success. 

3.    Among Us 

[Among Us](https://amongusplay.online/) is a social online multiplayer game developed by Innersloth, an American game studio, in 2018. The game is influenced by the party game Mafia and is built using Unity's multi-platform publishing capabilities, making it compatible with multiple devices and even supporting cross-platform play. The game gained immense popularity during the pandemic and provided players with an enjoyable social experience, regardless of whether they were physically together or apart. 

4.    Pokémon Go 

Mobile game [Pokémon Go](https://pokemongolive.com/?hl=en) was released in 2016. Niantic developed and published the game in collaboration with Nintendo and The Pokémon Company. It utilises GPS technology on mobile devices to enable players to locate, capture, train, and battle virtual creatures known as Pokémon. These creatures appear as if they are in the player's real-world location, creating an augmented reality experience. Pokémon Go quickly became popular among players of all ages and has been enjoyed by parents and children playing together. 

5.    Beat Saber 

This [virtual reality rhythm game](https://beatsaber.com/) was created and published by Czech game developer Beat Games. The game's environment is surrealistic and set in a neon atmosphere where players use a pair of contrasting-coloured sabers to slice through blocks representing musical beats. Beat Saber's early access release on Steam saw it quickly rise to the top, becoming the highest-rated game on the platform within a week. Today, it remains a popular form of entertainment and exercise for gamers. 

unity games logo in front of purple image of gaming controller

Top 5 Unity engine games 

Web3 games and Metaverse projects have taken the industry by storm. Some of the games driving the rise of blockchain gaming include Axie Infinity, Splinterlands, Alien Worlds, Crazy Defense Heroes, Sky Mavis, and The Sandbox. Not only have these games enabled players all over the world to make money, but they have also introduced innovative mechanics and partnerships. 

Similarly, Metaverse projects have piqued people's interest by introducing ingenious ways for users to interact with one another in 3D space.

As per a report released by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects have [raised $748 million](https://beat.10ztalk.com/2022/09/12/web3-games-and-metaverse-projects-raised-748-million-in-august-report/) since August 1, 2022. 

Axie Infinity, one of the most popular games in the field, has surpassed $4 billion in all-time NFT sales, with approximately 36,000 new daily players joining in the last three months.

Despite the ongoing market downturn, blockchain-based games continue to garner attention. According to DappRadar, companies in that field and Metaverse projects have raised approximately $748 million since the beginning of August. This is a 135% increase over July but a 16% decrease from June's figures.

Gabriel Leydon, the founder of Machine Zone, made one of the largest investments of $200 million in Web3 games.

Temasek, a Singaporean investment firm, led the latest $100 million funding round for Animoca Brands to increase the company's exposure in the sector. 

Xterio, a cross-platform publisher and developer of high-quality mobile and web3 games secured a $40 million fundraising round. 

Last year, the gaming space raised around $4 billion. This figure has already been surpassed in 2022, with investments totalling around $7 billion. If current trends continue, the figure is expected to reach $10.2 billion by 2022.

## DappRadar July report

At the end of July this year, the firm determined that blockchain games and Metaverse projects appear to be faring much better than other industry segments during the crypto winter. 

According to the report, unique active wallets (UAWs) decreased by 7% in Q2 compared to the previous quarter. This meant that people were still interacting with blockchain decentralised applications at nearly the same rate as before the [Terra collapse](/news/article/terra-luna-collapse).


Web3 games and Metaverse projects raised $748M

CoinPayments is a global crypto payment solution and wallet that enables individuals and merchants to send, store, and receive Bitcoin and hundreds of altcoins as payment. 

Launched in 2013, it is the first payment processor to support altcoins. Since its inception, it has become a respectable and widely-used company in the crypto market. It boasts millions of users across 182 countries worldwide. 

## Pros and Cons 

#### Pros 

- Supports more than 2,305 cryptocurrencies. 

- Has lots of useful features, including merchant tools and vault services. 

- Easy to use. 

- Low transaction fees. 

- Mobile and website support. 

- Great security. 

#### Cons 

- Breach in 2017. 

## Features 

CoinPayments’ features are a major reason for its success. The platform has a wide variety of features (more than 40) that include: 

- Multi-currency wallet: The wallet enables businesses and individuals to send, store, and receive more than [2,305 cryptocurrencies](https://www.coinpayments.net/supported-coins), including Litecoin, Dogecoin, Ether, and Dash. The wallet is free to set up and available on the web and mobile. 

- Merchant tools: They are for merchants and offer various ways to accept crypto payments from customers. They include shopping cart plugins, payment buttons, APIs, invoice builders, mobile apps, and point-of-sales tools, which offer a simple way to accept in-person payments. 

- Cryptocurrency vault: The feature allows users to store their cryptocurrencies in a secure online database for as long as they want. Within the storage time, the cryptocurrencies won’t be accessible by any means. 

- E-commerce integration: CoinPayments is compatible with many leading e-commerce platforms like Shopify, Magneto, and WooCommerce. Merchants can also establish their own custom integrations using application programming interface (API) functionality for a tailor-made digital storefront. 

Other features include digital asset management, billing and invoicing, data security, transaction monitoring and history, payment processing, status tracking, a self-service portal, payment fraud prevention, and much more. 

## Security 

CoinPayments uses the latest technological security mechanisms to secure clients' funds. Users can set up two-factor authentication when registering their accounts to enhance security. Additionally, they can connect hardware wallets to their account as an additional layer of protection. 

It is worth noting that in June 2017, it was reported that hackers broke into CoinPayments Ripple-storing security databases and stole huge amounts of XRP coins. Six months after the breach CoinPayments managed to reimburse all affected users. 

According to CoinPayments, [the incident](https://blog.coinpayments.net/announcements/official-coinpayments-ripple-theft-statement) was not a hack but a network error that allowed a few users to withdraw excessive XRP coins from hot wallet XRP accounts. The company later assured users it had completed a complex back-end rebuild, including multiple new safety measures and protocols to ensure the issue never occurred again. 

## Fees 

CoinPayments is a fairly cheap platform to use. It has a flat fee of 0.5% for all incoming payments. The platform does not charge any fees for account creation. It also does not charge any withdrawal fees to use its wallet. 

There are network fees that vary depending on the cryptocurrency you are sending and how busy the networks are. They also apply when withdrawing cryptocurrencies. 

## Is the platform safe? 

Yes, CoinPayments is a safe crypto-payment platform. The platform has never had any security breaches or incidents since the 2017 XRP incident. Its team continues to amplify its security with the best and latest security mechanisms in the market. You can be sure your funds are safe while using the platform. 

## Accessibility 

CoinPayments is accessible in lots of countries across the globe. However, it is [inaccessible](https://www.coinpayments.net/help-restricted) in several countries, including Afghanistan, Algeria, American Samoa, Bangladesh, Belarus, Cambodia, Congo, Cuba, Eritrea, Iraq, Liberia, Libya, Qatar, and the US. 

In July 2022, CoinPayments [announced ](https://www.bleepingcomputer.com/news/technology/coinpayments-to-shut-down-in-us-5-days-left-to-withdraw-funds/)that it would cease operations in the US and advised its customers from the country to withdraw their assets before 19 July. The company blamed Anti-Money Laundering (AML) regulations and market changes for the closure of business operations in the US. 

The platform's restriction in more than 30 countries is one of its few cons. If you are in any of the restricted countries, you can't use any of the platform's services. 

Besides English, the platform is also available in French, Indian, Spanish, German, Portuguese, Japanese, Chinese, Russian, and Korean, among other languages. 

## Getting started with CoinPayments 

To benefit from CoinPayments services as a merchant, you'll first have to open a user account. The process is very simple. Go to the platform's official site and click the highlighted “Sign Up” button in the top right corner. 

On the next page, you will have two options, create a Personal Account or Business Account. You can choose either and fill in the required mandatory information. 

After you register your account, you will have to verify your email account by clicking on the activation link sent to the email you used to register for an account with. 

After you've verified your email, the next step is to sign in to your account and configure your Merchant ID, IPN, and other important credentials. How you do it is: 

- Go to the "Account" tab and click "Account Settings". 

- In the "Basic Settings" tab, you will find the Merchant ID you need to save or copy for later use. 

- In the "Public Info" tab, enter your full name, email ID, and the URL you want to be displayed publicly to customers for sending payments. 

- In the "Login & Security" tab, change the two-factor authentication (2FA) method from email to any convenient option. 

- In the "Merchant settings" tab, write your IPN secret code. Save and copy the IPN code for later use. Select the base currency and remember to toggle which notifications you want to receive. 

The next step is to choose which [cryptocurrencies](/news/article/what-is-future-of-cryptocurrency) you want to accept as payment. Go to the "Account" tab and click "Coin Acceptance Settings". Select the cryptocurrency you want to accept by checking the box next to each cryptocurrency and clicking "Update Coin Preferences". 

There are more steps to configure to start accepting cryptocurrency as payment to your wallet, like fiat settlement, crypto coins conversion, and payment forwarding, among others. Make sure to complete all the steps to avoid any hiccups. 

## How to use the CoinPayments wallet 

CoinPayments wallet is a mobile app that can be downloaded from the Google Play and Apple app stores for free. Once you've downloaded the wallet, sign up. The sign-up process will require your name, username, password, and your location. 

You will then receive a confirmation email to confirm your email address. Next, set up two-factor authentication. 

Log in and select whether to create a business or personal crypto wallet. After you've clicked "Wallet", you can choose between creating a standard wallet or a personalized PayByName wallet. Once you are done, you can start receiving cryptocurrencies in your wallet. 

To send crypto, you must have some crypto in your wallet. You can buy crypto from CoinPayments using a debit or credit card, PayPal, SEPA, or bank transfers. 

Once you have some cryptocurrencies in your wallet, you can send them to other wallets by pasting their public address, selecting the number of coins you want to send, and clicking the "Confirm" button. 

To withdraw cryptocurrencies from your wallet, choose from other supported payment methods and select the amount you want to withdraw. CoinPayments does not charge any fees for withdrawals. 

Remember that you must complete the KYC (Know Your Customer) process during your sign-up process to use all CoinPayments features. 

## Customer support 

CoinPayments has an exceptional customer support team that is prompt at delivering ready solutions to all customer queries. Users with queries must communicate by raising a ticket. 

To raise a ticket, a user visits the support wizard, where they are provided with a support code (valid for one hour) and a link to submit a support ticket on FreshDesk. Besides support tickets, users can also reach the support team via social media platforms like Twitter, Telegram, and Facebook. 

## Conclusion 

CoinPayments is an amazing crypto-payment platform with lots of attractive features. It is highly secure, easy to use, supports many cryptocurrencies, is accessible via the web and as a mobile app, features pretty low fees, and has a great customer support team. 

There is hardly anything not to like about the platform. It is no wonder many reviewers consider it one of the best crypto-payment platforms. 

coinpayments logo in front of blue image of cryptocurrency wallet

CoinPayments Review 2023

Spreadex: Bet on your favourite sports with cryptocurrency 

[Spreadex](https://www.spreadex.com/) is a leading [online trading](/news/article/altcoin-trading-tips) platform that provides access to a wide range of financial markets, including cryptocurrencies. 

As one of the most comprehensive trading platforms available, Spreadex offers a suite of tools and resources to help traders stay informed and make informed investment decisions. 

Here, we explore the features and benefits of Spreadex and why it's a popular choice for traders of all levels. 

## Range of markets 

Spreadex started by providing access to various financial markets, including stocks, indices, forex, and commodities. However, in recent years, cryptocurrencies have become increasingly popular and the platform has responded by offering a range of digital currencies for trading. Some of the most popular cryptocurrencies available on the platform include [Bitcoin](https://www.bitcoin.com/), [Ethereum](https://ethereum.org/en/), Litecoin, and [Ripple.](https://ripple.com/)

## Cryptocurrency trading 

Spreadex allows traders to trade[ cryptocurrencies](/news/article/cryptocurrency-news-predictions) such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The platform offers both spread betting and CFD trading options, allowing traders to choose the trading method that best suits their needs. Spread betting means traders can speculate on the price movements of cryptocurrencies without owning the underlying asset. [CFD trading](https://www.ig.com/en/cfd-trading/what-is-cfd-trading-how-does-it-work) allows traders to take a position on the price movements of cryptocurrencies with leverage. 

The platform offers competitive spreads and margin requirements for cryptocurrency trading. Additionally, traders can take advantage of risk management tools, like stop-loss orders and guaranteed stop-loss orders, to help manage their risk exposure. 

## The benefits of trading on Spreadex 

There are several benefits, including: 

- Access to a wide range of financial markets: Spreadex provides access to a vast range of financial markets, allowing traders to diversify their portfolios and reduce risk. 

- Competitive pricing: The platform offers competitive pricing and low spreads. This makes it an affordable option for traders of all levels. 

- Advanced trading tools: Spreadex offers a suite of advanced trading tools, including charting, technical analysis, and risk management tools. These tools can help traders stay informed and make informed investment decisions. 

- Mobile trading: The mobile trading app allows traders to access the platform on the go, making it easier to be aware of the latest market news and trends. 

- Demo account: The platform offers a demo account, allowing traders to practice their strategies and get a feel for the trading environment before putting down any real money of their own. 

## Wide range of sports to bet on 

One of the stand-out features of Spreadex is its wide array of sports options you can bet on. From F1 and football to cricket, you can bet on any sport you can name! 

The fact that it allows users to bet on so many sports, all with crypto, is something we don't often see in the industry. What's more, Spreadex is regulated by the [FCA](https://www.fca.org.uk/) and [Gambling Commission](https://www.gamblingcommission.gov.uk/). This not only makes it safer to use, but it also points to an excellent platform and services. 

So, if you've got crypto to hand, and you'd like to bet on your favourite team over the weekend, Spreadex might just be your best bet! 

SPreadex crypto betting logo on purple image of crypto coins

Spreadex: Bet on Popular Sports with Crypto

As the global economy becomes increasingly digital, the need for seamless and secure gateways for cross-border payments is rising. Cryptocurrencies have proved a viable alternative to traditional methods, yet the need for a platform connecting crypto with fiat remains. Alchemy Pay is a solution that has been gaining traction in the crypto space. 

It is a convenient payment solution that offers a secure path for crypto/fiat transfers. The platform connects the traditional financial system with the crypto world. In fact, Alchemy Pay news has been making headlines due to its partnerships with various crypto and financial firms, cementing its position as a leader in the space by offering a seamless payment solution. 

## What is Alchemy Pay? 

[Alchemy Pay](https://alchemypay.org/), a payment service provider that simplifies crypto to fiat and vice-versa transfers, focuses on providing a fast, secure, and convenient gateway for global consumers and sellers. The platform is designed to promote the use of Web3 and blockchain products and services. 

It is a Singapore-based firm founded in 2018. It offers services in more than 170 countries and supports 300+ payment channels. It also provides access to all types of cryptocurrencies and supports over 50 fiat currencies. 

The platform aims to shape a digital financial system that eliminates barriers for all global users. It is built to empower the masses financially and offer a dependable payment system. It also ensures transparency and is viable for both individuals and enterprises.  

## What does Alchemy Pay offer? 

The hybrid payment system offers services to various types of users. It can facilitate individual users, small businesses, large enterprises, or institutions. Here are some benefits the platform can offer: 

#### Facilities B2B and B2C payments 

The payment solution can facilitate business-to-business (B2B) or business-to-consumer (B2C) transactions. The good thing about the platform is that it supports crypto-fiat payments. As a result, many e-commerce platforms, SaaS businesses, and various other businesses may opt for this payment solution. 

#### Allows crypto investment 

Since Alchemy Pay supports a range of cryptocurrencies, it allows its customers to invest in crypto. Individuals and institutions like banks or asset management firms can use its services for [crypto investments](/news/article/crypto-invest-strategy). It can play the role of a broker to facilitate the fiat to crypto or vice versa exchanges.  

#### Simplifies day-to-day purchasing 

You can also acquire the services of the ACH platform for personal finance. You can use it to buy different goods and services. You can also manage your crypto assets through the platform. It allows you to hold, stake, or [trade crypto](/news/article/how-does-crypto-trading-work) at your convenience. 

## What’s an ACH token? 

Alchemy Pay is a hybrid payment system that introduces its own token, ACH. The token is an ERC-20 and BEP-20 that engines the entire ecosystem of the platform. The ACH tokens are pre-mined with a total supply of 10,000,000,000. Out of the total supply, around 5,082,155,932 ACHs are circulating in the market. 

The [smart contract](/news/article/smart-contracts-blockchain) for ACH coins is deployed to create an infrastructure that supports easy transactions between crypto and fiat. It can support a wide range of audiences, including individuals, institutions, and businesses. 

According to [CoinMarketCap](https://coinmarketcap.com/currencies/alchemy-pay/), an ACH token is currently worth $0.0372, with a total [market capitalisation](/news/article/what-is-market-cap-cryptocurrency) of $176,327,968. In the past 24 hours, the trading volume for the asset has been $78,230,553.  

The token made its all-time high value of $0.197 in August 2021. ACH’s price is currently down by more than 80% from its all-time high value.  

## Alchemy Pay partnerships with major crypto firms 

In the last couple of years, Alchemy Pay has secured partnerships with various crypto exchanges, payment channels, on and off-ramps, and e-commerce firms for offering crypto payments. 

Here are some of the prominent partnerships that the ACH secured: 

#### Facilitates payment between Shopify and Binance 

One of the largest e-commerce platforms, Shopify, has integrated the Alchemy Pay plugin. It allows Shopify stores to offer a crypto payment channel to their customers. Besides, Binance Pay also supports the ACH payment solution. It will enable Binance Pay users to make peer-to-peer (P2P) cryptocurrency transactions seamlessly. 

Due to the support for Alchemy Pay, Binance Pay users can also make payments on Shopify via cryptocurrencies.  

#### Mastercard and Visa crypto cards 

Alchemy also offers virtual [crypto credit cards](/news/article/cryptocard-choices-which-one-for-you) with Mastercard and Visa support. These cards enable users to make payments in crypto tokens. They are compatible with more than 50 cryptocurrencies, including popular options like [BTC](/coins/btc) and [ETH](/coins/eth).  

####  Fiat on-ramps for Polygon 

The Hybrid payment solution is also available on one of the most popular layer 2 solutions, [Polygon](/news/article/polygon-crypto). ACH platform offers fiat on-ramps to the Polygon network. It enables users to pay directly for DeFi products or services in fiat currencies. The platform has embedded fiat on-ramps across its ecosystem. 

####  Listed on popular exchanges 

Apart from the platform’s different payment options, the ACH token is available on various popular exchanges, including Binance, Coinbase, Kraken, [Crypto.com](/news/article/nft-crypto-com), Gate.io, Kucoin, Huobi Global, [Uniswap](/news/article/uniswap-price-prediction-2025), [Bybit](/news/article/bybit-uk), and several others. 

#### Various cross-chain integrations 

The payment solution is integrated with multiple blockchain networks. Alchemy Pay news today suggests it is currently available on the Algorand blockchain, NIUM, [Avalanche](/news/article/avalanche-bridging), IoTeX, MakerDAO, and numerous other blockchains.     

## Alchemy Pay price prediction 

According to insights from [CoinCodex](https://coincodex.com/crypto/alchemy-pay/price-prediction/), the ACH token shows bullish sentiments. The current market has ‘buy’ to ‘strong buy’ signals. Moreover, the data suggest that the ACH price may increase by over 102% later in March. 

 ![alchemy pay price prediction chart](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_15_15_19_b1adb0498d.png)


Source: [CoinCodex ](https://coincodex.com/crypto/alchemy-pay/price-prediction/)

Meanwhile, ACH's current price is higher than its 50-day and 200-day simple moving averages (SMA). The current 200-day SMA is around $0.014, but it is expected to increase. Data suggest that the 200-day SMA will likely cross the $0.02 in April 2023. The 50-day SMA is expected to reach the $0.055 mark. 

## What will Alchemy Pay be worth in 2030? 

According to various forecasts, the ACH coin will grow tremendously over the next few years. [PricePrediction.net](https://priceprediction.net/en/price-prediction/alchemy-pay) indicates that the coin’s value may average $0.079 in 2025. Five years later, in 2030, Alchemy’s worth may reach $0.5.   

## Will Alchemy Pay reach $1? 

It is highly unlikely that the ACH token will reach the $1 mark anytime soon. Although the coin suggests bullish signals, it would need consistent long-term growth for that. The forecast from [PricePrediction.net](https://priceprediction.net/en/price-prediction/alchemy-pay) indicates that ACH may hit $1 in 2032. 

## Is Alchemy Pay a good investment? 

Alchemy Pay is a growing hybrid payment solution for fiat/crypto transactions. The platform promotes blockchain-based transaction systems, which allow easy integrations with multiple blockchains and payment methods. It is also trusted by numerous big players like Binance and Shopify. As a result, its crypto, ACH, shows good potential as an investment. 

Currently, the market is bullish for Alchemy’s token, as forecasts suggest gains of around 102% in March. The market sentiment for the token is also positive, which means now can be an ideal time to invest in the ACH coin. Nonetheless, it is advisable to note that all cryptocurrencies are extremely volatile assets; therefore, conducting your research before making any financial decision is crucial. 


alchemy pay logo on image of credit cards

Alchemy Pay: A Crypto-Fiat Payment Platform

The concept behind play-to-earn games has been around for a while, but the rapid rise of NFTs and Web3 technologies has brought them to the limelight. As the increasing number of blockchain games begins to bring a tangible meaning to the term "play-to-earn", this article focuses on the popular [Spider Tanks ](https://www.spidertanks.game/)NFT game, how to play it, and the potential to earn a good income while you play. 

## What are play-to-earn games? 

Play-to-earn (P2E) is the name given to a class of blockchain-based games where you can earn income directly or indirectly as you play. Players generate digital income, which they can later materialize, meaning they can transfer their earnings into the real world using blockchain technology. 

Most P2E games use non-fungible tokens (NFTs in terms of characters, potions, outfits, armor, or weapons), which are solely unique assets the players own. P2E games thrive on NFTs and in-game cryptocurrencies, and the rarity of NFTs offers real monetary value in the games' economic ecosystem. 

## Spider Tanks overview 

Spider Tanks is a [free-to-play](/news/article/free-play-to-earn-games) PVP (player versus player) game where players can choose from numerous weapons and tank bodies to engage in arena-based combat. Developed by award-winning Dutch company Gamedia, the game offers several P2E mechanisms revolving around skill-based competition, gathering resources, and player-driven upgrade cycles. 

The multiplayer PVP NFT game built on the Ethereum blockchain ecosystem can be played on PCs and macOS. The game’s developers aim to make it a global P2E eSports game where players can compete against a familiar group of close friends or strangers. 

The game solely focuses on tank battles and features unique aesthetics, uptight gameplay, and a fascinating upgrade system that makes it potentially profitable. The game's cycle leverages on rarity and benefits accrued from NFT Weapons, Tanks, and Bodies. Some core aspects of the tanks include the following: 

- All tanks have a weapon and a body as the main components. 

- Players can use every weapon to create different options for their tanks. 

- All components are NFTs built on the Ethereum blockchain and carry different values.    

- Players can earn new NFT pieces as they play and earn higher P2E titles. 

## Game Options 

Spider Tanks presents three diverse game modes with different objectives over variable maps. Winning your games increases your potential to earn greater rewards afterward. Players make in-game currency they can use in their Garage (a place they can visit between battles to equip their parts and add weapons to their tanks). Players can rent out or sell their upgraded tanks for in-game currency. These modes are: 

#### Team Deathmatch   

Team Deathmatch is the classic PVP game featuring two teams of three players battling to the death, with the team executing the most kills at the close winning. 

#### Capture the Flag 

This mode features an old-style game but introduces a significant control aspect where opposing teams battle it for a flag. Teams garner points every time they hold the flag; the team with the most points at the end is the winner. 

#### Capture the Chicken 

The Capture the Chicken mode is designed to have a player rescue as many chickens as possible spread around the map and return them to their base. Under normal circumstances, Tanks and Chickens have nothing in common, but this game mode creates a unique possibility.   

## How to earn SILK tokens 

Spider Tanks players can earn [SILK tokens](https://www.coingecko.com/en/coins/spider-tanks) every time they win a game. As usual, better performance translates to greater rewards. You can also earn the in-game SILK tokens renting out your tanks for 24 hours in exchange for 50% of their earnings when someone wins with the tank. Take note, though, that the rank of your tank NFT defines your efficiency in earning SILK. 

## Should you play Spider Tanks? 

Spiders Tanks is an exciting P2E game that’s high-speed, intense, competitive, and packed with uniquely stylized graphics that bring real character to NFT gaming. That some players can easily [earn a significant income](/news/article/play-to-earn) by playing is a good enough incentive for anyone to try it out. 

spider tanks logo on a purple background photo of woman playing p2e video games

Spider Tanks review: Learn, play, and earn 

You may have heard of the blockchain-based Fireblocks platform. 

Fireblocks platform is a product created for the crypto market to move and manage institutional assets. So what is this platform all about?
Most of what you may have experienced as a crypto market trader or investor is buying and selling crypto assets on a small scale. A small-scale crypto investor may be trading with funds that range from a few hundred to tens of thousands of dollars.

When crypto investments break the seven-figure barrier, this marks a transition from a small-scale operation to an institutional-scale one. At the institutional level of investment, you cannot keep operating with the same tools as the small-scale, retail-level traders. It would help if you had a resource that guarantees better security, better pricing for your trades, and more robust tools to manage such enterprise-level investments. This is where the Fireblocks platform comes in.

Fireblocks is a platform that provides you with enterprise-grade resources to move and manage your digital assets securely.

The large sizes of institutional crypto portfolios require the brokers/exchanges handling their business to offer something beyond the regular. Several factors constitute risks in the crypto market.
The first is the system of storing digital assets. Crypto assets are held on exchanges or in self-custody wallets with private keys. The two systems are fraught with risks.

Exchange-held assets are highly vulnerable because they are stored in online/hot wallets. Hackers are no longer the only threat to exchange-held tokens. Recent events such as [the collapse of FTX](https://brendanbeeken.com/ftx-collapse/) and [Celsius](/news/article/celsius-bankruptcy-judge-order) have shown that exchanges run by inexperienced hands with limited compliance and internal controls are as much a risk as a hacking team.

Self-custody wallets require that the owner of the assets secures the wallet with a private key. If the key is misplaced or compromised, the assets are lost forever.

Another requirement for institutional crypto investors is a robust trading environment that presents the user with professional tools that are not accessible to anyone else. For instance, institutions are very keen on risk management and prefer using platforms that provide market-neutral trade types.

As will be discussed later, the MPC proprietary protocol used in designing the institutional-grade wallets on Fireblocks also enables trades to be made up to eight times faster than the industry average. If you trade huge volumes, you must split up your trade sizes to get good executions without altering the market price too much. Having ultra-fast transaction speeds compensates for the inability to push out all orders simultaneously, and the MPC protocol guarantees this.

## Digital asset operations you can perform on Fireblocks

a)   Deposits and withdrawals using MPC wallets
Multi-Party Computation (MPC) wallets are considered more secure than traditional crypto wallets as they utilize a system of wallet key management that allows multiple parties to simultaneously perform various cryptographic-based functions without revealing their inputs.

This means there is no single point of failure (such as losing your private keys) as with traditional wallets. Fireblocks is one of the pioneers of this technology. As an institutional player, you cannot pin the security of your massive crypto holdings to the existence of a private key. Considering that billions of dollars in crypto assets have been lost forever due to the misplacement of private keys, you would know that this is a big deal.

b)  Trading with liquidity providers and trading venues
Trading on an institutional basis requires a direct connection to liquidity providers. This level of trading is equivalent to wholesale trading because the liquidity required at this level is enormous. This large liquidity base enables institutional traders to get the best possible pricing and the cheapest spreads. The Fireblocks platform provides direct market access to liquidity providers, trading desks, and counterparties. This connection also provides access to a round-the-clock settlement of trades for more than 400 tokens across over 30 major exchanges.

c)  Perform various account analytics functions
Fireblocks also allows you to view various asset storage analytics. For instance, you can view your digital assets in offline vaults, exchanges, or in fiat accounts. You can also view your account inflows and outflows and check your open/closed trades and positions.

d)  Speedy transfer of digital assets to and from centralized exchanges
Another vital function required to effectively manage institutional crypto assets is the ability to move funds in and out of an exchange to a non-custodial wallet. Typically, institutional digital assets account for most fund outflows from centralized exchanges during market turbulence.

Whenever there is a market upheaval, the crypto market witnesses a large volume of outflows from centralized exchanges to private wallets. The UST collapse, FTX collapse, and the [bankruptcy of Celsius led to net outflows from centralized exchanges](https://blog.chainalysis.com/reports/personal-wallets-institutional-crypto-adoption-self-custody-defi/). Institutional funds accounted for 68% -77% of these outflows.

The reason is not far-fetched. Capital preservation and risk management are at the heart of institutional-level investment operations. To protect capital during a market downturn, there has to be a secure pathway to move these large volumes of digital assets.

The Fireblocks platform offers this secure environment. Its connectivity with several exchanges ensures that such movement of funds can be done simultaneously, securely, and speedily.

## Fireblocks Conclusion

Enterprise-level crypto portfolio management requires a more robust approach than what is obtainable in the retail segment of the market. Upgraded encryption, advanced cryptography that eliminates a single point of failure, and a secure system for conducting the industrial-scale movement of digital assets between exchanges and non-custodial wallets are a must. Fireblocks has provided a one-stop shop for institutional-level clients' needs.

The Fireblocks platform serves hedge funds, neobanks, PSPs, exchanges, prop traders, and lending desks. The platform supports all ERC-20 tokens and assets on the Binance Chain and the Avalanche network. You have to initiate the connection process by requesting access via the online form on the website.


fireblocks logo on image of blockchain with blue filter

Blockchain-Based Fireblocks Platform Explained

Recently, there has been an explosion of new cryptocurrencies and blockchains. It has caused the need for interoperability, as you have to send your tokens between different networks. One innovative decentralised platform which is solving this issue is [THORChain](https://thorchain.org/). 

The network offers a cross-chain infrastructure that allows you to swap tokens across multiple blockchains. It is designed to smooth out the peer-to-peer exchange of digital assets. Along with its interoperability, it maintains immutability and does not need wrapped tokens for swaps. 

Curious to know how the THORChain works? This article covers the blockchain’s unique features, the working mechanism, and crypto RUNE.  

## What is THORChain?

THORChain is one of the leading cross-chain architectures which offer a secure path for token exchange. It is an entirely decentralised platform that is compatible with eight popular chains. It can support swaps between [Bitcoin](/coins/btc), [Ethereum](/coins/eth), Avalanche, Binance Smart Chain, [Dogecoin](/coins/doge), Bitcoin Cash, [Litecoin](/coins/ltc), and Cosmos Hub. 

Leveraging its interoperability, you can swap the native tokens of its supported blockchains. It creates a frictionless experience and is used for various [DeFi](/news/article/what-is-a-defi-token) needs. 

In the beginning, THORChain was deployed on the [Cosmos network](/news/article/cosmos-crypto-explained). However, in April 2021, the network introduced an update that transformed it into an independent blockchain. Its mainnet provides an environment where non-compatible currencies can be exchanged without intermediaries. 

The blockchain also provides you with more liquidity. Because of this, its network poses a more secure option than the various centralised and decentralised exchanges.

In addition, you can also earn yields on the network. It has liquidity pools where you can deposit your assets and gain profits. The THORChain DEX brings you [crypto lending](/news/article/crypto-lending) services too. It also allows you to secure digital asset funding almost instantly. 

## How does the THORChain work?

THORChain is a cross-chain DEX protocol that works like an Automated Market Maker (AMM). Its mechanism involves Tendermint software, Threshold Signature Scheme (TSS), and the Cosmos SDK. 

It follows the Proof of Stake (PoS) consensus mechanism. It involves validators [staking](/news/article/what-is-staking-crypto) their RUNE tokens in the network to validate transactions and run the nodes. Among these, the operative nodes are also responsible for creating liquidity pools.
 
The blockchain works with the same principle as the Bancor DEX. It includes the pool liquidity ecosystem where users deposit their cryptocurrencies. The pool also includes the native token of the chain, which is RUNE. Then the protocol behind it uses algorithms to evaluate the value of the assets against RUNE.

The process facilitates the exchange of non-native tokens. So, for instance, when you swap Bitcoin for Ethereum, the protocol exchanges BTC with RUNE first. Then it moves on to swapping RUNE with Ethereum. 

This double-swapping process allows instant completion of transactions. Besides, it enables non-custodial exchanges to work freely with the THORChain protocol.

## What are the benefits of using THORChain?

One of the main goals behind the creation of THORChain is to offer deep liquidity to the users. It was built on the premise that centralisation removes economic safety from exchanges. That’s why there needs to be decentralised exchanges that offer more [economic security](/news/article/cryptocurrency-and-the-economy) because of locked assets. 

The liquidity of THOR, along with its cross-chain abilities, makes it an exceptional choice for users. It allows them to swap tokens back and forth between different blockchains. Moreover, it does not need intermediaries for swapping, keeping the system swift and secure. 

In addition to that, you can be part of different liquidity pools on the network. It allows you to earn yields on your funds and get crypto loans. 

Overall, the THORChain blockchain provides a single interactive interface from which you can securely access multiple assets. It not only offers interoperability but also has features like crypto lending, yields, etc.

## THORChain ecosystem
 
![thor1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/thor1_18f2cb48bf.png)

[Source](https://thorchain.org/ecosystem)

The network ecosystem involves a range of different decentralised applications (DApps). According to the THORChain website, there are a total of 41 projects offering various services to its users. These include both THOR’s own as well as third-party apps.

The list of DApps involves various self-custody wallets like Trust, Edge, and ThorWallet. It also introduces digital asset trading platforms like ShapeShift DAO, [THORSwap](/news/article/what-is-thorswap), and Rango Exchange. 

You can also get analytical insights on the platform with the projects like THORChain explorer, THORCharts, and Nansen Portfolio. Other categories include NFT, Launchpad, Support, Community, and more.

## THORChain crypto (RUNE)

RUNE token is the native crypto in the THOR network. It plays a crucial role in the cross-chain exchange of different tokens. It serves as a settlement asset and offers deep liquidity. The high liquidity RUNEs provide you with economic safety on the network. Due to its mechanism, you do not need wrapped tokens or several cryptocurrency pairs.

Crypto is also used as the governance token on the network. When you use crypto, you will gain governance rights for choosing your liquidity pool. The network also uses RUNE to provide incentives to the users. 

## RUNE tokenomics and price

The economics of the THORChain crypto is reasonably straightforward. According to [CoinMarketCap](https://coinmarketcap.com/currencies/thorchain/), the max supply of the tokens is 500,000,000, from which around 327,056,566 RUNEs are in circulation. The project's market cap is more than $500 million.

![thor2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/thor2_21cbd803b0.png)
 
[Source](https://thorchain.org/)

It is designed to lock RUNE's $3 against each $1 of the non-native assets in the liquidity pool. The network's total value-locked (TVL) is $132,570,726.

As for the price of the coin, it directly depends on the usage of THORChain. Currently, one RUNE is priced at around $1.67, with a trading volume of $52,092,701 in the past 24 hours. 

## THORChain price prediction 2023, 2025, & 2030

According to the forecast from [DigitalCoinPrice](https://digitalcoinprice.com/forecast/thorchain), RUNE shows bearish long-term trends. Its data suggest that the coin will likely capitalise on its current price and maintain an average of $3.28 in 2023. In addition, the coin may hit the $6 mark in 2025. However, until 2030, its price will be around $17, even less than its current all-time high value. 

On the other hand, data from [PricePrediction.Net](https://priceprediction.net/en/price-prediction/thorchain) shows slightly bullish trends. It predicts that the THORChain crypto may reach the maximum of $2.95 in 2023, whereas it will likely average $2.62. Moreover, in 2025 its price may grow to $6.57, and it may average around $5.54. Meanwhile, till 2030, RUNE’s price may cross the $30 mark and will likely average $33.81.

## Closing thoughts 

THORChain network is a unique take on DEX. It follows the AMM model and is backed by high liquidity, providing enhanced security. It is an all-in-one platform where you can perform multi-currency exchanges frictionlessly. Besides, it gives you access to the most popular currencies like BTC, ETH, and DOGE. 

Meanwhile, the platform is still seeing growth. Many third-party applications are becoming a part of THORChain, which will help the RUNE crypto to grow as an investment.


Thorchain logo on blue image of lightening strike on mountain

THORchain Explained 

[Enter the Metaverse London](https://techcircus.io/en/events/enter-the-metaverse-london-2) was an event that aimed to introduce a new world of digital to its attendees.

The event featured thought leaders and inspirational designers leading the audience through a technological paradigm shift. The event took place on 28-29 November 2022 and explored exciting developments in VR, AR, and regulatory and legal movements. It delved into the future of e-commerce and gaming in the [Metaverse](/news/article/how-to-buy-land-in-metaverse-worlds) and decentralised commerce.

One of the event's primary focuses was gaming in the Metaverse. 

According to the presenters, wherever gaming goes, innovation follows. A lot of the original innovations in hardware and software were spurred by video games, and [Web3](/news/article/uquid-web3-integrates-with-polygon) is no different. When it is made entertaining and rewarding to engage with new technology, more users adopt it. The event discussed how blockchain empowered players and developers and some exciting models in the gaming world. The panel also discussed significant technological advancements in the gaming industry.

## Introduction to emerging technologies

The occasion introduced its attendees to the latest developments in emerging technologies. These technologies are rapidly gaining traction and are poised to be a major part of the future, like [Augmented Reality](/news/article/augmented-reality-tokens-explained) (AR) overlays digital elements in the real world, enhancing the users' experience. Extended Reality (XR) combines VR and AR, delivering a more immersive experience. The event also explored haptic feedback suits, which allow users to feel like they are in the game.

The Metaverse is an exciting development that aims to create a fully immersive virtual world. It is poised to be the next big thing in e-commerce, and the event delved into its future. It is a shared virtual space where users can interact together in a 3D world. It provides endless possibilities for businesses to engage with customers and deliver immersive experiences.

The occasion featured various presenters, including the Chief Medical Metaverse Officer of AIMEDIS, Professor Shafi Ahmed, Co-Founder of The Sandbox, Sebastien Borget, Director Of Business Development - EMEA of Niantic, Sarah Burslem, CEO of Singularity.net, Ben Goertzel, Sophia the AI, and Blockchain Product Marketing Manager of EX-SHOPIFY, Nicole Sandford. The occasion included various panels, including Web 3.0, the Metaverse, the Future of Gaming, and DeFi's Significance in Enabling Efficient Financial Transactions in the Metaverse.

## Conclusion

Enter the Metaverse London was an informative and exciting occasion that showcased the latest developments in emerging technologies. It left attendees with a deeper understanding of the possibilities and challenges of the digital world and the potential of emerging technologies to shape our future.


pink image of london and metaverse VR headset above

Enter the Metaverse London Explained 

Blockchain games have become increasingly popular among gamers, giving rise to a new game genre: RPG NFT games. One title in this genre that has gained gamers’ attention is [Chain of Alliance](https://chainofalliance.com/) (COA).

It is a role-playing NFT multiverse where you can play, manage, and create gaming experiences. Let's find out what the game offers!

## What is the Chain of Alliance?

COA is an impressive blockchain game that follows a role-playing strategy. It is based on a sci-fi theme and revolves around an adventurous storyline. Its gaming experience includes PvP battles that you can play with your character NFTs. 

The multiverse allows you to own different assets. You can purchase characters, wearable accessories, and even a piece of land on the platform. Moreover, it offers an API through which you can create interactive experiences for other players.

The project is in the testnet phase and will likely introduce its COA tokens for governance. It may enable the platform to run as most [play-to-earn games](/news/article/play-to-earn). 

## What’s the Chain of Alliance gameplay?

COA’s sci-fi utopia involves fighting AI-controlled monsters. You can become part of the adventurers’ band and battle the monsters in PvP or PvE mode. You can play with your progressible NFT characters in its lore-based setting, where you can loot and earn XPs. 

You can do more than just unlock fragments of a character to [create your own NFT](/news/article/how-to-make-nft-art). By earning experience points, you can upgrade your character. And if you purchase land through sales, you can become a landlord and enjoy the benefit of creating and managing experiences for others.
Lastly, you can also be a creator of the COA multiverse. 

Though the idea is still developing, its vision includes providing players with a platform to develop their own stories and campaigns.

## COA game features

The Chain of Alliance gameFi is still working with a testnet, yet it covers many Web3 games features. Here are some of the features it offers:

1.	The RPG is backed by Chromia blockchain, which makes it a secure and transparent platform for keeping in-game assets.

2.	It has an in-game marketplace where you can easily purchase characters and other in-game NFTs. You can also do NFT trading through the marketplace.

3.	COA prioritises blockchain interoperability. It allows the platform to work with several blockchains and provides easy access to its users. 

4.	It offers you original Chromia NFTs. You can own them through the NFT drops or marketplaces. You can also create one by playing the game and unlocking NFT fragments.

5.	The platform aims to offer decentralised governance through its COA tokens.

## Final thoughts

Chain of Alliance is a basic [gameFi project](/news/article/what-is-gamefi) that covers all the aspects of a Web3 game. The unique thing about the project is that it brings all the blockchain game features in an RPG. You can play one-on-one battles, manage your lands, or become an NFT creator on the COA multiverse.

In addition, it focuses on developing an interoperable blockchain. It could enable the game to partner with numerous crypto platforms and allow its users to connect easily.

Even though the project is still developing, it shows the potential to be a complete ecosystem for crypto users and gamers.


pruple image of chan of alliance gameplay

Chain of Alliance: An Adventurous RPG Multiverse 

Blockchain is a decentralised ledger system distributed across computer systems to engender trust and confidence in an environment. But how does network security work?

## What is blockchain security?

Any specified nodes or members who can record, distribute, and view encrypted transactional data on their blockchain have access to information.

[Blockchain technology](https://www.ibm.com/topics/what-is-blockchain) collects and stores information in groupings known as "blocks," with each block holding a specific quantity of data. When an entire block is reached, it is connected to the previous full block, forming a data chain, hence the name “blockchain".

Blockchain security can be defined as a comprehensive risk management system for blockchain networks that includes assurance services, cybersecurity standards, and best practices to reduce the risk of fraud and cyber-attacks.

Since [blockchain](/news/article/blockchain-use-cases) data structures are based on consensus, cryptography, and decentralisation principles, they have intrinsic security properties. Each new information block connects to all preceding blocks, so tampering is practically impossible. Furthermore, all transactions inside a block are checked and agreed upon by a consensus process (authorised users), ensuring that each transaction is truthful and correct. As a result, there is no single point of failure, and a user cannot modify transaction records.

## What are the types of blockchains?

### Private Blockchains

[Private](/news/article/blockchain-for-dummies) blockchains are used by businesses to build up a permissioned network. Private blockchain networks require invitations. Users must be validated by the network's central administrator or initiator or by a rule set implemented by the administrator. Permissioned networks restrict who may join the network and what kinds of transactions they can initiate. In any case, people must be invited or have permission to participate.

Private blockchains usually employ a Proof-of-Authority (PoA) consensus strategy. They are frequently utilised in internal, business-secure contexts to manage access, authentication, and record-keeping activities. Typically, transaction data is kept confidential.

### Public Blockchains

The focus of public blockchains is on participation and transparency. Transaction consensus is "decentralised", meaning anybody can validate their network transactions, and that the software code is open-source and freely available to the public.

The key feature of public blockchain networks is decentralisation via cryptoeconomics, designed to ensure collaboration across a dispersed network. It indicates that the network has no political centre of control and that the software system architecture has no architectural central point of failure in public blockchains.

The amount of decentralisation in a blockchain is determined by the design of the consensus algorithm, network governance, ownership of cryptographic "private keys", and the provision of economic incentives. Consider the idea of "data mining", in which users earn Bitcoin by confirming transactions. This incentive encourages users to join the network and engage in transaction validation.

Governance issues include who produces the software code, who may engage in the consensus method, and who can participate in the community governance tasks that keep the network running. The majority of public blockchain consensus techniques are Proof-of-Work (PoW) or Proof-of-Stake (PoS).

Regarding access, anybody may join and validate transactions, which is the primary distinction between public and private blockchains.

### Consortium Blockchains

Generally, only public and private blockchains come up while discussing blockchains. There is, however, a third option: consortium blockchains. They comprise recognised players pre-approved by a central authority to participate in blockchain network consensus. This "semi-permission" strategy allows a network to be dispersed or partially decentralised while maintaining some control over it. 

Transaction data on consortium blockchains may be kept private.

Consortium blockchains can establish an agreement by "PoW, PoA), or PoS. There are also alternative ways available, such as delegated PoS.

Consortium blockchains are ideally suited for banking, supply chain management, and [Internet of Things (IoT)](https://www.simplilearn.com/what-is-iot-how-and-why-it-matters-article) applications.

## Blockchain security challenges

Blockchain has its challenges. Cybercriminals may exploit blockchain weaknesses and do significant damage. Examples include:

Blockchains rely on massive data transfers that occur in real-time and routed attacks. Hackers with ingenuity can intercept data on its route to ISPs (Internet Service Providers). Regrettably, blockchain users are unaware of any issues.

Mining on large-scale public blockchains requires a vast amount of computational power. A gang of unethical miners can seize control of a ledger if they can pool enough money to obtain more than 50% of a blockchain network's mining power. Private blockchains, on the other hand, are not vulnerable to 51% of assaults.

Sybil launches an attack. Sybil's assaults, named after the book on multiple personality disorder, flood the target network with excessive bogus identities, breaking the system.

Phishing attempts. Phishing is a fraud in which cybercriminals send phoney but convincing-looking emails to wallet owners to get their credentials. This old hacker trick also works with blockchain.

## Six blockchain security examples

Here are a few examples of how companies and organisations conduct blockchain security.

### Mobilecoin

This cryptocurrency firm, located in California, is creating a safe, user-friendly cryptocurrency for businesses that cannot afford to adopt ledger security measures independently. The cryptocurrency used by Mobilecoin substitutes third-party transaction providers, with all transaction data encrypted on both ends. The app is compatible with Facebook Messenger, WhatsApp, and Signal.

### Coinbase

Coinbase is another cryptocurrency firm situated in California. It is a digital currency exchange where you can buy and sell digital money. Coinbase operates solely on encryption and saves wallets and passwords in a secure database. To guarantee bitcoin safety, employees must go through a thorough background check.

### J.P. Morgan

J.P. Morgan is the largest and most well-known banking firm in the US. It has created Quorum, an enterprise-focused version of Ethereum that uses blockchain technology to conduct private transactions. J.P. Morgan employs smart contracts on its Quorum network to make visible and cryptographically secure transactions.

### Lockheed Martin

This defence contractor, based in the US, is the first to incorporate blockchain security. Lockheed Martin and the cybersecurity firm Guardtime Federal collaborate to implement blockchain cybersecurity protocols in engineering systems, software development, and supply chain risk management. The objective of Lockheed Martin is to employ blockchain to secure every step of its weapon development processes.

### Cisco

This California-based software juggernaut believes blockchain is suitable for the IoT because the intrinsic ledger technology eliminates single points of failure and encrypts essential private data. This concept is crucial since the IoT has been rapidly expanding. If blockchain technology becomes the dominant IoT network, its visibility and utilisation will increase. Of course, having a major IoT player on your side can't hurt!

### Hashed Health

This healthcare innovation start-up in Tennessee intends to assist the healthcare industry using blockchain technology. Hashed Health has collaborated with several hospitals and healthcare organisations to create secure digital blockchain networks for patient information exchange and certain internal communication channels. 

The company has three divisions: Hashed Collective, Hashed Enterprise, and Hashed Labs, with each focusing on a distinct area of blockchain.


blue image of blockchain technology and lock

Blockchain Security: An In-depth Analysis 

Cardano Midnight is a privacy-focused blockchain set to revolutionize privacy and regulation in the blockchain landscape. The blockchain, a sidechain of Cardano, is yet to be launched.

According to its official website, it will be a [smart contract](/news/article/smart-contracts-blockchain) blockchain that allows users to only share information they want. It will enable users to share highly sensitive information without the fear of data leaks or censorship.

It will also allow developers to create DApps using many commonly used programming languages, making developing and deploying smart contracts easier.

The sidechain aims to protect the fundamental freedom of association by collaborating through open rules agreed upon by its community. It also seeks to protect the freedom of commerce by allowing users to exchange value securely and privately but in a regulatory-friendly way. Thirdly, it aims to protect freedom of expression by allowing users to express ideas and opinions without the fear of censorship.

## Zero-knowledge-proof technology (ZKP)

[Cardano Midnight](https://midnight.iohk.io/) is based on zero-knowledge-proof technology. The technology, which first appeared in computer science and cryptography, works by verifying information with minimal knowledge shared between parties.

The technology is popular because it tries to eliminate issues plaguing other authenticating ways, like hacking and loss of control of user data. Other privacy-focused blockchains using the technology include Monero (XMR) and ZCash (ZEC).

## DUST tokens

DUST token will be the native token of Midnight. Its use cases haven't yet been revealed. However, most project followers believe it will be used to pay gas fees. The token will co-exist with ADA, the native token of Cardano.

Once it launches, stakers on Cardano will earn DUST tokens automatically together with ADA rewards, according to its developers.

## Allegations

After the sidechain's announcement, Monero was quick to point out that it had a "backdoor". The privacy network claimed that the opportunity for authorities to audit, which was mentioned in the announcement of Midnight, is a “backdoor” for regulators.

IOG countered the allegations stating that regulators' interference would only be possible if authorized. Monero later called off its allegations and deleted the tweets that drew suspicion to the project.

The sidechain was [announced](https://twitter.com/IOHK_Charles/status/1593624972001349632) on 18 November, 2022. However, informants reveal that developers have been working on it, in secret, for four years. Charles Hoskinson, the CEO of IOG, admitted that he had to bite his tongue on many occasions not to reveal the project.

## Conclusion

Cardano Midnight and its native token, DUST, are part of the [Voltaire era](https://roadmap.cardano.org/en/voltaire/). If successful, the project is set to revolutionize privacy and regulation in the crypto space and give blockchains like Monero and ZCash a run for their money.

As of writing, not much about the project is known. However, according to Hoskinson, 2023 is set to be a fun and exciting year for the project. Updates are on the way.


blue image of cardano coin and click face showing midnight

Cardano Midnight: A New Privacy Blockchain 

Alongside Play-to-Earn gaming, the faucet concept, as found on the Solana network, has witnessed a record rise in interest over the last few months. In a similar vein to P2E, faucets reward users with micro amounts of crypto in exchange for completing tasks such as viewing ads, completing captchas, or taking surveys. To find out more about P2E, check out [our article](/news/article/play-to-earn).

Faucet sites are funded through advertisement and sponsorship. Many sites have number or time limits that help manage the amount of crypto users can claim. Solana faucets generally have fixed periods in which it is possible to claim, but it is important to check with [each site for its terms and conditions](https://101blockchains.com/top-crypto-faucets/).

Faucets fall into two main categories:

•	Instant output.

•	Recurring payments.

As the name suggests, platforms that offer instant output allow users to 'cash out' their balance at any time they like. Usually more popular with players, this method often comes with various tasks that originate from the same party.

By contrast, platforms that only allow users access to their funds at specific intervals usually offer a wider variety of tasks to complete. Payments, in this case, are usually managed by algorithmic bots, which make managing the platforms easy.

If using this kind of platform isn't for you, you can even build your own Solana faucet to earn passive income. The process is relatively straightforward and within the ability of anyone with basic internet and crypto knowledge.

## Conclusion

Solana faucets, like many other cryptocurrency faucets, are a good way to get people involved with crypto and earning their first tokens. Crypto can be pretty daunting for those new to the industry, so platforms like Solana faucet are a cheap and easy way to get involved for [minimal outlay and invested time](https://www.cryptonewsz.com/gambling/casino/faucet/solana/).


A quick look into the popularity of Solana faucets

[PlayDapp](https://playdapp.io/) is a blockchain-based gaming ecosystem that aims to make crypto assets more accessible to the public through crypto games. It also aims to lead the play-to-earn space. But is it a good investment?

The service provides a platform for users to trade gaming characters and content with a diverse portfolio of games and NFTs. It is a customer-to-customer marketplace. All games on the platform are interoperable and work across multiple chains like Ethereum, Avalanche, and [Solana](/news/article/solana-dex-labs-explained).
Some of the games on the platform include Cryptodozer, Dozerbird, Dozertreasures, Homerun Challenge, and Along with the Gods: Knights of the Dawn.

## PlayDapp SDK (Software Development Kit)

This is a developer's tool that helps developers and companies easily participate in PlayDapp’s ecosystem. It helps developers of companies struggling to build blockchain infrastructure to link their assets or digital items with straightforward system integration. When assets have been designated as blockchain-based [NFTs](/news/article/nft-collaborations), they can be exchanged with other games in the gaming ecosystem.

## PLA

This is the native utility token of PlayDapp. It is an ERC-20 token and the primary payment method in its ecosystem. Gamers can use it to buy NFTs and other gaming items.

As of March 2023, the token is worth $0.2071, according to [Coinmarketcap](https://coinmarketcap.com/currencies/playdapp/). It is ranked the 244th largest cryptocurrency globally, with a live market cap of $137,944,484.

If you are considering investing in the token, it is listed on several crypto exchanges, including Binance, Coinbase, Bitrue, and BingX. It can also be earned by participating in prize events; developers earn tokens after each in-game purchase or trade.

The tokens have a max supply cap of 700,000,000 PLA coins. There are currently 537,855,941 in public circulation.

## Price history

PLA entered the crypto market in October 2020, priced at $0.17. It, however, struggled to break through $0.20 for the remainder of the year.

2021 was a good year for the token. On 17 February, it hit its first high of $0.73. The price appreciation was attributed to the launch of CryptoDozer, the first game to be launched on the platform.

It continued to enjoy a bullish run and reached several highs in the following months.

Again, its price highs were attributed to announcements including its plans to go into the NFT sector and Metaverse.

On 8 July, PlayDapp launched its second game, the Dozerbird, on the Google Play store Japan, which again helped with token price appreciation.

On 31 October, 2021, the token experienced its all-time high of $3.68, attributed to the launch of the game "Along with the Gods: Knights of Dawn" in 170 countries and a new NFT auction feature. Despite its good start, PLA ended 2021 worth $1.43.

The token began 2022 trading at $1.43. However, by the end of January, it was worth $0.9292. In early February, it traded above $1, only to be worth $0.9694 by the end of the month. By 25 March, it was up to trading above $1. The last time it traded above $1 in 2022 was 6 April, when it was $1.11.

It began 2023 worth $0.1342. By the end of January, it was worth $0.2274. Considering its current price, the token has been showing some noteworthy price appreciation.

## Is PlayDapp a good investment?

Is PlayDapp a good investment option? There are many reasons to answer 'yes'. Firstly, it is an ambitious project that continues to make strides to realize its goals for the gaming community. Since its launch, it hasn't experienced any worrisome setbacks.

Secondly, it’s backed by a great team of developers, operators, marketers, and designers. Sang Chung is currently the head of business of the company. He previously worked at NCSOFT, a world-leading gaming publisher.

Donny is the company’s head of development. He joined PlayDapp with close to 20 years of experience in the IT industry. Kai is the company's head of tournament. He is another veteran in the Korean Gaming industry.

It has also entered many strategic partnerships that continue to help grow its user base and offer more services to gamers. The project has, for example, signed strategic partnerships with IPX (formerly Line Friends), a digital IP platform, JBD entertainment, Hancom Inc, Redbrick, and KB Kookmin Card.

The latest news reveals that the gaming ecosystem bought [ProudNet](https://www.crypto-news-flash.com/playdapp-buys-proudnet-to-bring-reliable-secure-technology-to-us-game-market/), a renowned peer-to-peer server network provider, to enable it to tap into the US gaming market.

As for the PLA token, several crypto prediction platforms view it as a good long-term investment option. 

Bitcoinwisdom predicts the token might trade at an average price of $0.367555 in 2023, $0.577615 in 2024, $0.841534 in 2025, and $1.10 in 2026. Those who hold the tokens even longer might see them trade at an average price of $2.47 in 2031, according to the prediction site.

Technewsleader predicts PLA might trade between $0.37 and $0.41 in 2023, $0.54 and $0.64 in 2024, $0.77 and $0.93 in 2025, and $1.08 and $1.33 in 2026. The site predicts that the longer you hold on to the tokens, the better it may be. According to the site, the tokens might trade between $4.38 and $5.36 in 2030.

According to Priceprediction, PLA tokens might trade at an average price of $0.36 in 2023, $0.50 in 2024, $0.73 in 2025, and $1.02 in 2026. Those who hold to the tokens even longer might see them trade at an average price of $4.89 in 2030, $6.96 in 2031, and $9.92 in 2032, according to the site.

Not all platforms predict a promising future for PLA tokens. WalletInvestor, for example, argues against investing in the tokens. According to the site, PLA might trade at an average price of $0.02 in 2023 and 2024, $0.03 in 2025, and $0.01 in 2026. The tokens have no possibility of ever trading above $1, according to the site.

## Conclusion

Is PlayDapp a good investment? It is a great project that looks to revolutionize the gaming industry. So far, it has lived up to many people's expectations, making it worth looking into.

Its native utility token, PLA, also stands out as a cryptocurrency worth paying attention to. Several crypto prediction platforms view it as a good long-term investment option, despite its current market price.

Before investing in any crypto project or asset, always do your research.


Is PlayDapp a Good Investment 