ThunderCore has partnered with Animoca Brands




  • In Business
  • 2019-05-16 07:00:44Z
  • By Coin Rivet
ThunderCore has partnered with Animoca Brands
ThunderCore has partnered with Animoca Brands  

Silicon Valley-based public blockchain platform provider ThunderCore has announced a new partnership with game developer Animoca Brands and its subsidiary Pixowl, according to a press release shared with Coin Rivet.

ThunderCore is an Ethereum-compatible public blockchain platform, and the new partnership should help accelerate Pixowl's forthcoming decentralised blockchain gaming platform 'The Sandbox'.

The Sandbox is a Proof-of-Stake (PoS) project and offers full-node, open source capabilities for transparency and security. Its staking pool service allows token holders to earn rewards and support cross-chain assets.

ThunderCore has reportedly raised $50 million from investors in the US and Asia, including Pantera, Huobi Capital, MetaStable, ZhenFund, Electric Capital, Arrington XRP Capital, FBG, Hashed, Kinetic, and SV Angel.

ThunderCore will be investing in The Sandbox to accelerate the growth of Animoca Brands' user-generated content (UGC) gaming platform which will empower creators through digital ownership and monetisation of 3D voxel creations made and shared by users.

ThunderCore will also assist Animoca Brands to help bring mass adoption to blockchain technology, leveraging ThunderCore's integrated user acquisition capabilities that particularly benefit game developers when it comes to deploying and scaling their decentralised applications (dApps).

The firm will also contribute to Animoca Brands' vision to offer a gaming metaverse where virtual worlds and games will be created collaboratively without a central authority.

Since in-game items are tokenised as non-fungible tokens (NFTs), players of The Sandbox will be able to transfer in-game items across games, retaining the digital scarcity, security, and authenticity of those assets. These tokens will be tradeable in a free and open decentralised marketplace for voxel creators and world builders.

The Sandbox is set to launch its marketplace in Q3 2019, with a full launch expected in Q4.

Interested in reading more about Animoca Brands? Discover more about Animoca Brands' partnership with Formula 1 to create a blockchain-based game called 'F1 Delta Time'.

The post ThunderCore has partnered with Animoca Brands appeared first on Coin Rivet.

COMMENTS

More Related News

The blockchain/crypto week in quotes
The blockchain/crypto week in quotes

"I believe that blockchain needs to be a big part of our future. If I'm in the White House, oh boy are we going to have some fun in terms of the cryptocurrency community." Democratic 2020 presidential candidate Andrew Yang "There's a popular perception that the rate limiting factor in blockchain adoption is something to do with the technology itself - like the technology isn't scalable, it's not fast enough, the developer tools aren't in place. But in my experience is that's really not the rate limiting factor at this point. It's not even at the top of my list. You're going to need to reach agreement on some critical things about who is a member of the network, what's The post The...

Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data
Decentralized Identity: How Microsoft (and Others) Plan to Empower Users to Own and Control Personal Data

Microsoft, one of the world's largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet to take control over their personal data and content. Earlier in May 2019, the United States tech giant announced its brand new Azure Blockchain Service along with Azure Blockchain Development Kit for the Ethereum blockchain.

Blockchain takes centre stage as innovative FinTech services become
Blockchain takes centre stage as innovative FinTech services become 'new normal'

FinTech platform revenues will reach $638 billion by 2024, up from an estimated $263 billion in 2019. And blockchain technology will have a key role to play, according to Juniper Research. Along with the likes of machine learning and Big Data analytics, it will be the cornerstone of FinTech platforms. Such technologies will make new use cases mainstream, including smart contracts, loan underwriting using AI to analyse non-traditional data sources, and personalised insurance policies based on IoT-generated data. Incumbents fight back In light of rising customer acceptance of digital platforms for financial services, traditional players are responding rapidly. Incumbents are attempting to...

More global banks commit to Finastra
More global banks commit to Finastra's Fusion LenderComm 

London, UK. 14th May 2019 - Finastra has signed three global banks on its Fusion LenderComm platform as part of a coordinated campaign, including BNP Paribas, Natixis and Societe Generale. With NatWest, which joined recently, the ramp up signals a move towards a new era of efficiency in this complex space. Grant Jones, VP, Fusion LenderComm, Finastra says: "All of these banks were part of our Fusion LenderComm pilot and the momentum that the platform has seen since then is nothing short of extraordinary. This is an historic step that brings leading global banks together on the platform in the live Fusion LenderComm environment, for seamless and secure information exchange. But more than...

Singapore
Singapore's DLT Compass Conference to welcome 300 delegates

Singapore. 16th May 2019 - LongHash, a global blockchain incubator supported by the Singapore government, will be hosting the inaugural DLT Compass Conference in the Westin Hotel, Singapore this 6th-7th June. Expected to welcome over 300 attendees, the conference aims to facilitate further collaboration between corporate enterprises and blockchain projects through driving discussion on enterprise blockchain applications. DLT Compass speakers and panelists range from regulators and financial institutions to multi-national corporations and high-potential startups, including the Taiwan Government, DBS, SGX, Standard Chartered Bank, KPMG, IBM, and Huawei. Founding partner and CEO of LongHash...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business

facebook
Hit "Like"
Don't miss any important news
Thanks, you don't need to show me this anymore.