DeFi Gaming Levels Up with the Binance Smart Chain
Press releases Seascape Network to take DeFi Gaming to the Next Level with the Binance Smart Chain
21st January 2021: Seascape Network the gaming platform designed around the NFT and DeFi economies, welcomes Binance, the global blockchain company behind the world’s largest cryptocurrency exchange as its latest investor. The investment is part of Binance’s $100 million funds, which supports blockchain projects that connect DeFi and CeFi on the Binance Smart Chain (BSC).
The Seascape Network is a new gaming ecosystem platform built on Ethereum and Substrate, designed for the DeFi and NFT economies. Powered by its universal token Crowns (CWS), Seascape aims to enable users to seamlessly enter the world of blockchain games and decentralized finance by gamifying decentralized finance and removing complex barriers.
Seascape will build games on BSC to boost the rapidly expanding and highly lucrative world of gaming. The games will offer unique incentives and rewards to users who contribute to the growth and liquidity of the Seascape network. BSC’s dual-chain architecture technology will allow users to access hyper-fast trading for which the Binance Smart chain is widely celebrated, while powerful dApps can make use of the smart chain’s flexibility.
Seascape will develop an SDK that will standardize all the moving parts involved with releasing a game on the Seascape platform. Additionally, it will offer easier ways to publish games by eliminating enormous fees that are associated with traditional gaming platforms.
“Binance has become a clear industry leader when it comes to blockchain innovation since its launch in 2017,” says CEO and creative director of Seascape, David Johansson. “The Binance Smart Chain offers scalability in our games that is unmatched, while also allowing us to remain connected to the value and liquidity of Ethereum, which in turn will empower the users to decide where and how they want to buy or sell their gamified DeFi assets! This partnership will allow us to create a superior user experience that serves our goal of creating the ultimate game platform designed around the DeFit and NFT Economies. We couldn’t be more excited about this!”
About Binance
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions, and more. For more information, visit: https://www.binance.com
Contact: pr@binance.com
About Binance Smart Chain
Binance Smart Chain is a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability. Designed to run in parallel with Binance Chain, Binance Smart Chain retains the former’s fast execution times and low transaction fees while adding Smart Contracts functionality to support compatible dApps. For more information on Binance Smart Chain, visit https://www.binance.org/#smartChain.
Join BSC Community: Twitter || Telegram || Discord
About Seascape network
Seascape is a game platform designed around the NFT and DeFi economies. Built on Substrate, the platform will incentivize users to buy, trade, stake, and mint NFTs while playing their favorite games.
Seascape is developed by the team behind the award-winning BLOCKLORDS, a blockchain strategy game that has launched successfully on all major DAPP protocols and onboarded thousands of users.
Join Seascape community: Twitter || Telegram || Discord
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DAO Maker platform managed to stake 100 Million for Seascape SHO
The Seascape Network is a new gaming ecosystem platform based on Ethereum and substrates and developed for the DeFi and NFT economies. Seascape is based on its Universal Token Crowns (CWS) and is created to allow users to seamlessly enter the world of blockchain games and decentralized finance by playing decentralized finance and removing complex barriers.
Seascape will build games on top of BSC to energize the rapidly growing and extremely lucrative gaming world. The games offer unique incentives and rewards to users who contribute to the growth and liquidity of the Seascape network. BSC’s dual-chain construction technology enables users to approach the lightning-fast trading for which Binance smart chain is widely known, while powerful dApps can take advantage of the movability of the smart chain. Seascape will develop an SDK that will standardize all moving parts associated with releasing a game on the Seascape platform. Plus, it offers easier ways to publish games without the huge fees associated with traditional gaming platforms.
Seascape is a gaming platform designed for the economy by NFT and DeFi. The platform is substrate-based and entices users to buy, trade, bet, and create NFTs while playing their favorite games.
Seascape’s first product, Bocklords, already has thousands of players. Blocklords has already made month-to-month income in the beta phase. Despite the epic bull run they’re in, the team raised a sensible $ 764,000 for a $ 10 million valuation from blue-chip investors like Binance. More importantly, however, the maker of Dao Seascape helped unlock its total assets of $ 100 million.
This is a new world record for every SHO on Dao Maker. Dao Maker develops growth technologies for startups (good projects) and at the same time reduces investor risk. It is a launch pad for the major cryptocurrencies. Dao Maker uses its proprietary social mining technology to maximise the advantage of its customers’ tokens and massively increase the community. The team of experts then designs strategies for business growth, user onboarding, a powerful token economy, and global marketing, and executes most of the results at high speed to accelerate the footprint. Customers in the blockchain space and beyond.
Highlights
100 Million wealth stake on the platform for SeaScape allocation
2,300 eligible participants
19,000 applicants.
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Why Polkadot is the Future of DeFi
Industry Why Polkadot is the Future of DeFi
In the last year, decentralized finance (DeFi) has gone from being a relatively unexplored crypto niche to a bustling industry filled with a diverse array of protocols and tools that offer new services and opportunities to users.
As it stands, the vast majority of DeFi applications are built on the Ethereum blockchain, due to its popularity among decentralized application (dApp) developers and significant pre-existing user-base. However, this sudden growth of DeFi on Ethereum has pushed the blockchain to its limits, leading to transaction delays and inordinately high fees — making many Ethereum DeFi platforms simply unusable to regular users.
Because of this, a large number of developers are now opting to build their DeFi applications on Polkadot, and are looking to take advantage of its unique properties to offer experiences that haven’t yet been possible on other blockchains.
As an interoperable blockchain platform capable of bridging together the diverse array of blockchains currently operating, Polkadot has proven itself to be a promising solution to a range of challenges faced by developers and users today.
Here’s a look at why it’s got DeFi developers’ hopes soaring in 2021.
Major Traction
Despite launching its mainnet in just mid-2020, Polkadot has seen incredible uptake among investors and developers.
As a result, it has already exploded into the top five cryptocurrencies by market capitalization, and recently achieved a peak market capitalization of over $17 billion — leapfrogging XRP to secure the position of 4th largest cryptocurrency.
Image: Polkaprojects
The potential and capabilities of the Polkadot blockchain have already been recognized by almost 350 projects which are already building on the platform — including dozens of DeFi solutions.
Polkadot is now home to several of the most promising DeFi platforms, including:
Clover
Clover is an upcoming Polkadot parachain and all-in-one open DeFi platform that allows developers to easily deploy their dApps on Polkadot and leverage its unique properties to create DeFi solutions that were previously only available on Ethereum.
Backed by leading exchange platform Bithumb Global, Clover Finance is set to provide an open, modular framework developers can easily use for building their applications on Polkadot, drastically lowering the barrier to entry to building on the platform.
Clover CC-1 Testnet is launched! The testnet will be open for only developers and professional Validators. To join the internal testing, you can contact our admins: https://t.co/lTYI1aS3TT. For more details: https://t.co/kiDz91Ru7W.@polkadotnews @polkawarriors @polkaprojectcom pic.twitter.com/iJlqYTaMHB — Clover (@clover_finance) January 19, 2021
Seascape
Seascape is a recently announced Substrate-based game platform that makes it easy for developers to launch their own blockchain-powered games while leveraging some of Seascape’s unique features
It can be used to incorporate powerful blockchain and DeFi elements — such as NFTs, CDPs, and yield-farming — into gaming applications, and features a unique reward token known as Crowns which is used to reward those who interact with the Seascape ecosystem.
Acala
While Acala is well-known within the Polkadot ecosystem for offering its first native stablecoin (aUSD), the team behind the project are insistent on not being pigeonholed. Acala is on a mission to become a hub for defi through its stablecoin platform, ultimately supporting the foundation for liquidity on multiple blockchains, whether that is within or outside of Polkadot.
While Acala is still in its early development stage, it will provide more functionality than most stablecoins once the project is officially on the mainnet. The platform will offer tools for borrowing, lending, earning interest, and of course governance voting power.
In the meantime, Acala’s ‘bizarro’ counterpart Karura, is inching towards a launch on the Kusama canary network. Experts are hopeful that Acala will officially go live on the Polkadot mainnet in 2021.
Why It’s So Popular
Polkadot is built on a novel blockchain framework known as Substrate, which is widely regarded as being simple to build on, thanks to the dozens of composable modules that blockchain architects can use for building their solutions.
It uses a combination of the relay chain (Polkadot’s main chain), parachains, and bridges to connect the blockchain ecosystem into a cohesive, interoperable unit.
Developed by Parity Labs, Substrate is completely open-source, allowing developers to build on, ensuring builders can create their decentralized applications for the Polkadot blockchain with even limited budgets.
Substrate imbues Polkadot with a range of features that make it the ideal platform for building DeFi solutions on, including:
Speed: Polkadot has a block time of just six seconds and most transactions are considered final after less than a minute. This makes it ideal for building applications where speed is critical — like decentralized exchange (DEX) platforms.
Scalability: Polkadot can currently handle more than 1,000 transactions per second (tps), compared to just ~25 tps for Ethereum at its peak under ideal conditions. According to Polkadot’s founder Gavin Wood, this could eventually reach as high as 1 million tps, with the use of sharding and optimized parachains.
Interoperability: Arguably Polkadot’s biggest advantage is its interoperability. This means applications built on Polkadot and its parachains can easily interact with those on other blockchains (including Ethereum). Producing the first interoperable DeFi ecosystem.
Taken together, these features, and the breakneck pace of Polkadot’s development have positioned it as a potential launchpad for the future of not just DeFi — but potentially the crypto industry as a whole.