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Category: Web3

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y00ts granted $3 million by Polygon to leave Solana​

January 23, 2023 (updated January 23, 2023) Published by

DeLabs, a startup focused on transferring y00ts to Polygon, has announced that it has received a $3 million grant from Polygon. The grant will be used to expand the DeLabs team across various departments, including graphic design, event coordination, business development, and content creation. Additionally, the funds will be used to launch high-quality projects and pursue collaborations and deals with established businesses.

y00ts, a spinoff PNP NFT collection from DeLabs, gained success on Solana with its DeGods PFP collection. According to the founder of y00ts, Frank, the grant is in the form of a “non-equity grant,” which means that Polygon does not have a stake in DeLabs in exchange. The funds will help DeLabs, which has been understaffed, to have more runway to expand their projects.

A spokesperson from Polygon stated that they support the determination of Frank and the y00ts team and are excited about the projects that will be established on Polygon through their launchpad.

DeLabs’s move to Polygon comes a month after the collision of FTX. Sam Bankman-Fried, former CEO of FTX, was a key investor in Solana as well as many other projects on the network, including Serum, a now-defunct decentralized exchange.

Frank has teased that in the future, y00ts will play a major role in big-brand collaborations on Polygon, similar to deals that Polygon has entered into with popular brands like Disney, Starbucks, and Coca-Cola.

Three invaluable tools to help grow your community

January 17, 2023 (updated January 23, 2023) Published by

The world of web3 is rapidly growing and becoming increasingly popular, with artists, musicians, and other creators using the technology to monetize their work. Building a strong community is essential for success if you’re launching or running a web3 project. However, growing a community can be a daunting task. To make it easier, we’ve compiled a list of three tools that can help you grow your community.

ZooTools Panda

ZooTools Panda helps you collect leads and build your audience organically. They provide three main use cases to help you acquire and engage users. Each use case allows you to create a unique form and add the fields you want to collect data from your users. You can also add different types of fields to your forms to capture additional information.

y00ts used a similar approach for their scholarship program, which was wildly successful.

1. Pre-launch waitlists

Creating a pre-launch waitlist allows you to reward your most loyal users when completing actions like sharing their email, joining a Discord server, connecting a wallet address, and referring their friends.

2. NFT allowlists

NFT allowlists are simpler forms that allow you to collect wallet addresses easily.

3. Newsletters

Newletter signup forms are the most basic and allow you to collect a name and email.

Learn more: https://anorak.gg/prodct/zootools-panda/

ShareMint

If your project has already launched, then ShareMint will help you reward your most loyal supporters for each member they refer. They provide everything you need to run your referral or affiliate program with one-click payouts, on-chain analytics, and transparent reporting.

Learn more: https://anorak.gg/prodct/sharemint/

Frens

Once you’ve managed to gain a significant amount of users, then you need a way to manage them. This is where frens shines. frens is a web3-native CRM + member acquisition + collaboration + engagement and so much more. It will allow you to build a more engaged community and gain insight into your most valuable members.

Learn more: https://anorak.gg/prodct/frens/

Web3 games: The future of gaming

December 3, 2022 (updated December 4, 2022) Published by

With the rise of web3 technologies and decentralized applications (DApps), the gaming world is undergoing a significant transformation. These technologies enable the development of new games that are more immersive, interactive, and rewarding for players. These web3 games, also known as blockchain games, are gaining popularity and are poised to become the future of gaming.

One of the most appealing aspects of web3 games is their use of digital currencies and tokens, which players can earn and trade within the game. This allows for a level of ownership and control over in-game assets that is not possible with traditional games.

Early pioneers

One of the early pioneers of web3 games is the game CryptoKitties, which was released in 2017. In CryptoKitties, players can breed, collect, and trade digital cats, each of which has its own unique traits and characteristics. The game quickly gained popularity and even caused congestion on the Ethereum network due to its high levels of traffic.

Another popular web3 game is Axie Infinity, which is set in a fantasy world called Lunacia. In the game, players can collect, breed, and battle with fantasy creatures called Axies. The game also has a strong focus on community and player collaboration, with players able to form alliances and work together to achieve common goals.

But web3 games are not just limited to collecting and trading digital assets. There are also games that use blockchain technology to create entirely new gaming experiences. For example, the game Crypto Space Commanders is a massively multiplayer online game (MMO) that allows players to explore a vast universe, mine resources, build bases, and engage in epic space battles.

What makes them better than traditional games

One of the key benefits of web3 games is the increased security and transparency provided by blockchain technology. In traditional online games, players have to trust that the game developers are not cheating or manipulating the game in any way. But with web3 games, players can verify the game’s rules and mechanics using the blockchain, ensuring that the game is fair and transparent.

Another advantage of web3 games is the potential for players to earn real money from playing the game. In traditional games, players typically only have the option to buy in-game items or currencies using real money. But with web3 games, players can earn digital currencies or tokens by playing the game, and then trade or sell those assets for real money.

The not so good

Of course, there are still many challenges and obstacles to overcome in the world of web3 gaming. One of the biggest challenges is scalability. Many blockchain networks, including Ethereum, are not yet capable of handling the high levels of traffic and data required for large-scale online games. But as the technology continues to evolve, it is likely that these scalability issues will be addressed.

Another challenge is user adoption. While there is a dedicated community of players who are enthusiastic about web3 games, the technology is still relatively new and unfamiliar to many people. This can make it difficult for web3 games to attract a broader audience and achieve mainstream success.

Despite these challenges, the future of gaming looks bright for web3 games. As the technology and infrastructure continue to improve, we can expect to see even more exciting and engaging web3 games in the future.

The future

With the increased security and transparency provided by blockchain technology, web3 games have the potential to revolutionize the gaming industry. And with the ability for players to earn real money from playing the game, web3 games are poised to attract a whole new audience of players.

So if you’re a gamer who is looking for a more secure and transparent gaming experience, or if you’re simply curious about the potential of blockchain technology, give web3 games a try. You may be surprised by what you find.

No, Meta’s Metaverse doesn’t look bad!

September 5, 2022 (updated November 3, 2022) Published by

Mocking Mark Zuckerberg’s metaverse has been quite the trend these recent weeks. While there was a good amount of awesome memes going around, there is a strong belief that Meta’s metaverse looks terrible. I’m not a fan of Meta (ex-Facebook), nor do I intend to engage in their super-centralized metaverse. However, there is a fundamental misconception of what it takes to create a virtual world and that realistic graphics equals quality.