Track market-moving stories before they get noisy

In an exciting development for the digital assets realm, Star Atlas, a next-generation blockchain-based space exploration game, has announced its integration with Backpack Wallet. This significant collaboration aims to streamline NFT and token trading for the expansive community of gamers and digital asset enthusiasts.

Star Atlas, a cutting-edge role-playing game built on the Solana network, plunges players into the year 2620. Here, they navigate intricate political factions, territorial pursuits, advanced weaponry, and spacecraft. One of the game's most innovative features is its implementation of the burgeoning play-to-earn sector, popularized by games such as Axie Infinity. This model enables players to earn ATLAS tokens—Star Atlas' in-game currency—with real-world value, by completing tasks and reaching specific game milestones.

— Star Atlas (@staratlas) May 18, 2023 Notably, Star Atlas also incorporates the use of NFTs & tokens within its gameplay. NFTs are tokenized versions of a unique asset or good on a blockchain. In the context of Star Atlas, these digital assets manifest as in-game items—like weapons, ships, land, and mining equipment—that players can purchase using ATLAS tokens. This NFT-driven dynamic empowers players to own their strategies and customize their gaming experiences.

On the other side of this partnership, Backpack Wallet stands as a revolutionary platform in the digital asset space. Not simply a wallet, but an operating system for xNFTs (cross-chain NFTs), Backpack Wallet is built on coralOS and is designed to host various xNFT applications. This initiative represents an evolution from the Anchor framework, expanding from the smart contract layer to offer full-stack and multi-chain capabilities.

With the integration of Star Atlas and Backpack Wallet, players now have an even more seamless trading experience. Backpack Wallet's operating system will simplify the management and trading of NFTs and tokens in the Star Atlas Galactic Marketplace, making the game more accessible and engaging for its user base.

To get started, users can download Backpack Wallet and follow the instructions to connect it with their Star Atlas accounts. This seamless integration is set to propel the user experience to new levels, making it easier than ever for players to navigate the unique space economy that Star Atlas has so artfully crafted.

The integration of Star Atlas with Backpack Wallet marks a thrilling new chapter in blockchain gaming and NFT commerce. It underlines the boundless potential for innovative, decentralized technologies to shape not only the future of gaming but also how we interact with digital economies and virtual ownership. As we watch these sectors continue to evolve and intersect, this pioneering partnership sets an ambitious precedent for the industry.

Star Atlas, the emerging virtual space metaverse, has seen a major shift towards a fully player-driven economy. After reintroducing ATLAS market pairs for spaceships into the Galactic Marketplace, the transition is advancing rapidly. This evolution is being powered by a series of crucial measures implemented to help players reap benefits and adapt to this change. The result is a notable trend in Star Atlas tokens, POLIS and ATLAS.

— SolanaFloor😶‍🌫️ (@SolanaFloor) June 9, 2023 The first among these measures is a significant increase in the output of four key resources from Claim Stakes—ammo, food, fuel, and toolkits, collectively known as R4. To make Claim Stakes more accessible, half of the remaining supply has been listed for primary sales in the ATLAS market pair with a 20% discount, replicating the recent strategy employed for spaceship sales.

Another major step is the increase in R4 resource loot drops from on-chain player activity in SAGE: Escape Velocity, a Solana-based showcase of space movement gameplay. The amount of R4 resources in discovered loot drops will see an almost eightfold baseline surge. This will benefit players by helping them replenish the in-game resources consumed in the Faction Fleet.

To ensure a smooth transition, the unlimited quantity of R4 resources will no longer be sold by the Star Atlas DAO in the Galactic Marketplace. However, an equivalent of a 30-day supply for Faction Fleet ships will remain available for sale until depletion.

These changes have been put in place to shape the transition to a sustainable player-driven economy and to fine-tune the dynamics of supply and demand. The substantial increases in generated R4 resources have been optimized for a balanced economy, providing players with myriad opportunities in the evolving gameplay economy.

Claim Stakes are now gaining direct economic utility in the gameplay ecosystem, maintaining their resource generation functionality throughout the transition period. These stakes, potentially acquired by participating in the ReBirth campaign or other campaigns in 2022/23, serve as an important asset for players. You can check your inventory directly on Play.StarAtlas.com to see if you have any Claim Stakes, which can then be put to use to generate resources in the Faction Claims app.

However, there's an update on the availability of resources: due to enormous user purchases, the finite supply of resources directly available from the Star Atlas DAO has been depleted.

Overall, these developments have contributed to the rising trend of Star Atlas's native tokens, POLIS and ATLAS. The Star Atlas metaverse, powered by its decentralized economic model, is setting the stage for an exciting new era of gaming and blockchain technology. As Star Atlas continues to grow and adapt its economy, players can look forward to more exciting developments, greater control, and increased benefits.

On June 18th, the widely acclaimed game, Star Atlas, created a buzz in the crypto gaming world. It recorded a staggering 2.093 million transactions in a single day. This impressive feat represented approximately 8.3% of all transactions on the Solana blockchain that day, marking a new milestone for the game.

Star Atlas, a role-playing game based on space exploration, is built on the Solana network. Since its launch, the game has seen a substantial rise in transaction volume on the Solana blockchain, indicating its escalating popularity and engagement among the gaming community.

The surge in transactions is a testament to the growing enthusiasm within the Star Atlas community. Players from around the globe are captivated by the game’s unique blend of exciting gameplay and rewarding play-to-earn model. Star Atlas offers a thrilling adventure in a beautifully crafted universe, where players can earn tangible rewards that can be used and traded within the game.

As of June 22, the total number of transactions related to Star Atlas surpassed 52.93 million, further underlining the game's appeal to gamers worldwide. The record-breaking 2.093 million transactions in a single day not only demonstrate the game's strong momentum but also the growing fascination with GameFi and blockchain games among players.

Source: FlipsideStar Atlas, alongside MagicCraft, has been instrumental in introducing many gamers to the world of blockchain gaming. These games are more than just entertainment—they are the pioneers of a new gaming era where players can enjoy an immersive gaming experience while earning real-world benefits.

The launch of 'Escape Velocity' has also played a significant role in Star Atlas's success. It has brought new levels of excitement and engagement, attracting even more players to the game. With its fast-paced gameplay and high-stake rewards, 'Escape Velocity' has turned Star Atlas into more than just a game—it's a revolutionary experience that's driving the future of blockchain gaming.

Star Atlas's impressive performance on the Solana network is a resounding affirmation of blockchain gaming's potential. As the game continues to gain traction, we can expect to see more milestones in its journey, setting the stage for other blockchain games to follow. The future of gaming is here, and Star Atlas is at the forefront of this new frontier.

This addition is poised to significantly enhance the gameplay experience. It offers players a dynamic and competitive environment where strategic alliances and combat skills are put to the test. Let’s explore more about this important news for Star Atlas.

Surge Mode: Elevating Strategy and Alliance This game mode is designed to encourage teamwork and strategic planning. Factions will need to collaborate closely to outmaneuver and outfight their opponents in the quest for dominance. Surge brings complexity and excitement to Star Atlas’s vast, stunning universe. This enriches the game’s already rich narrative and gameplay mechanics.

Combat, rewards and glory. 🏆

Introducing Surge, a new faction vs. faction vs. faction game mode. Crush your enemies, score points and bring glory to your faction.

Play for rewards on April 20. pic.twitter.com/NjdUMOQ7Hi

— Star Atlas (@staratlas) April 1, 2024

The launch of Surge shows the team’s dedication to evolving this p2e game and offering new, engaging content. Incorporating faction vs. faction gameplay, Star Atlas greatly enhances its immersive experience. This goes beyond traditional space exploration and combat.

More About Star Atlas The legendary Titan ship, Busan The Last Stand mk. VIII has made headlines again in Star Atlas by being sold in a landmark event. Aephia purchased is the new owner of this intergalactic powerhouse.

ANOTHER TITAN SHIP SOLD! 🚨

The Busan The Last Stand mk. VIII hasn’t been seen since it ended the Convergence War… and now it’s back to dominate the galaxy.

Congratulations to @aephia for purchasing the intergalactic powerhouse. pic.twitter.com/x1pVD3UauU

— Star Atlas (@staratlas) April 1, 2024

The acquisition of the Busan The Last Stand mk. VIII marks a significant moment for Aephia. It is also pivotal for the entire Star Atlas community, as it reintroduces a legendary asset. According to Star Atlas, this ship can shift power dynamics and influence interstellar engagements.

Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

On August 9th, the game will airdrop 2.5 million crew members to Ship Holders, boosting the in-game experience.

The decision to airdrop such a large number of crew members highlights Star Atlas’s commitment to enriching its gameplay. Crew members in Star Atlas play a crucial role in the game’s mechanics. This is because they are essential for operating ships and completing various missions. By airdropping these assets, Star Atlas provides players with the necessary resources to explore deeper into space. Also, engage in more complex missions, and enhance their overall gaming experience.

Source: X This move also demonstrates the potential of blockchain-based games to innovate in player engagement and rewards. Unlike traditional games, where updates and rewards are often centralized and controlled by the developers, blockchain games like Star Atlas offer a more decentralized approach. The airdrop mechanism ensures a fair and transparent distribution of in-game assets, directly benefiting the players who have shown loyalty and investment in the game. You can see more info here.

More About Star Atlas Airdrop

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

Star Atlas, Solana’s oldest onchain gaming ecosystem, has promised to distribute $4M worth of Loot to active players over the next four months. 

The project’s biggest-ever Lootfest highlights Star Atlas’ thriving and multi-layered ingame economy, enabling players to execute different strategies to earn rewards.

What is Star Atlas’s Golden Carnival Lootfest and how can players get their share of the $4M up for grabs?

Star Atlas’ Golden Carnival Returns According to Star Atlas lore, the Golden Carnival is a celebration of everyone in Galia, with a Wandering Caravan of masked artists spreading prosperity across the Galaxy.

In practice, the Star Atlas Golden Carnival is a 16-week Lootfest. Running from November 1st until February 21st, 2025, the Star Atlas Golden Carnival will distribute weekly rewards to players in the form of ingame Loot.

The Star Atlas team has allocated over $4M worth of loot to be distributed throughout the event, with between $200,000-$400,000 being shared among players every week. The Golden Carnival’s final week also includes mystery prizes and an “ultimate reward”, known only to the Star Atlas Overlords themselves.

How Does it Work? Each week for the next 16 weeks, Star Atlas will distribute upwards of $200,000 worth of ingame loot to Golden Carnival participants. To be eligible to receive rewards, players need to acquire Golden Tickets, which can be submitted into weekly draws.

At face value, the Golden Carnival sounds like a simple raffle. However, the Star Atlas team has introduced some compelling elements to the event, allowing for a variety of different strategies.

Golden Tickets are crafted from ingame materials in Star Atlas SAGE Labs, one of the ecosystem’s most popular games. Crafted Golden Tickets can either be submitted to weekly raffles, or sold to other players via the Star Atlas marketplace.

Additionally, all weekly draws are fully transparent. Players can easily track how many Golden Tickets have been submitted to that week’s draw, introducing a strategic element to each week of the Carnival. Participants will be able to calculate their odds of success up to 5 minutes before each weekly draw.

Powered by Hedgehog, a Solana-based prediction marketplace, all draws will be hosted live in the Star Atlas Discord Server at 1 PM ET every Friday.

The Golden Carnival event is an excellent example of Star Atlas’ crafter economy in action. Speaking previously with SolanaFloor, Star Atlas co-founder Michael Wagner commended the ecosystem’s sustainable design and commitment to crafting meaningful experiences onchain for gamers of all backgrounds. 

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Solana-Based MMO ‘Star Atlas’ Revives Speculations, Gearing Up for 2025 Launch

Star Atlas, an upcoming Solana-based sci-fi video game, is collaborating with the Artificial Superintelligence Alliance founding member SingularityNET to integrate AI agents into its spacefaring online world, the two companies announced on Wednesday.

Star Atlas developer ATMTA said the collaboration aims to use AI agents to provide an immersive gaming experience using SingularityNET’s Autonomous Intelligent Reinforcement Interpreted Symbolism, or AIRIS, system, along with the OpenCog Hyperon framework to introduce adaptive AI agents and NPCs that evolve with players.

“Integrating advanced AI is about building the ultimate world-building moments and celebrating players in our dynamic, decentralized ecosystem,” ATMTA co-founder and CEO Michael Wagner said in a statement.

OpenCog Hyperon is an open-source AI framework from SingularityNET designed to support human-like thinking by learning, storing, and reasoning from experience. AIRIS is another AI system that learns by interacting with its environment, allowing it to solve problems independently without needing preset instructions. These systems support SophiaVerse, a project by Hanson Robotics and SingularityNet that uses the Sophia Robot as a testbed for exploring human-AI collaboration through tools, games, and decentralized governance.

Star Atlas is a blockchain-based, space exploration-themed role-playing game set in 2620. The full-fledged, expansive open-world game is still in production, though a pre-alpha “Showroom” experience was added to the Epic Games Store in September 2022. In October 2023, ATMTA launched SAGE Labs, aka Star Atlas Golden Era, a browser-based game that is part of the larger Star Atlas universe.

Wagner said that integrating advanced technologies like AI agents is essential to enhancing player engagement and scalability as Star Atlas continues evolving.

“Imagine AI agents partnering with players to provide support across onboarding, progression, seasonal quests, and enabling our rich economy with player tools, even scaling and expanding the many worlds and personalization opportunities of Star Atlas,” he said.

“By embedding SingularityNET frameworks like AIRIS and OpenCog Hyperon into Web3 gameplay, we’re not only enriching the user experience—we’re advancing the co-evolution between humans and AIs in a virtual world that, as it develops, will increasingly mirror the complex dynamics of the real one,” said SingularityNET founder and CEO Dr. Ben Goertzel, in a statement.

Launched in 2017 by Goertzel and David Hanson, SingularityNET is a decentralized marketplace for AI models that uses blockchain to make advanced AI available to everyone.

Goertzel emphasized the broader vision behind the Star Atlas integration with AI agents, saying that this approach shows how decentralized networks and token economies can accelerate the path toward superintelligence while empowering global developer and player communities.

“By building this on Solana and Sophiaverse and within the ASI Alliance ecosystem, we’re demonstrating how decentralized networks and token economies can accelerate the path toward superintelligence while empowering global developer and player communities,” he said.

Star Atlas’s integration of AI reflects a growing trend in the broader blockchain ecosystem. The industry’s fascination with AI agents has led to a surge in projects focused on autonomous artificial intelligence programs. The combined market capitalization of AI agents is $4.8 billion, and $1.3 billion is for AI agent launchpads, according to CoinGecko.

Edited by Andrew Hayward

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Star Atlas needs no introduction. The AAA intergalactic epic is almost as old as Solana itself, offering a comprehensive gaming ecosystem with everything from a third-person arena shooter to a compelling economic strategy game.

While DATs and memecoins have dominated Solana season, Star Atlas Summer has given players plenty to be excited about, including new game modes and updated gameplay. The Web3 gaming titan even managed to ship its own Layer-1 blockchain (supported by hints of an upcoming airdrop).

Sitting down with SolanaFloor, Star Atlas co-founder Michael Wagner walked us through the radical changes coming to one of crypto’s most complete gaming universes.

Arena Improvements Some of the visually impressive and tangible improvements can be found within the Star Atlas arena shooter mode. Powered by Unreal Engine, Star Atlas’s third-person shooter has received sweeping updates, enabling a far more streamlined gameplay experience.

Alongside improved matchmaking and dedicated servers, Star Atlas’ improved shooter mode introduces a wealth of quality-of-life improvements, enhancing player movement mechanics and motion systems. 

Players can also enjoy greater customization, with new skins, equipment loadouts, and missions that add newfound versatility to gameplay.

“Arguably the most unique selling point of our arena shooter are these movement mechanics and motion systems. You have your jetty boots and your jetty on your palms, and you have your bubby, your shield system. Being able to fly around the map in different ways and manage your stamina as you're doing that really creates this fun gameplay."

Initial reception from players has been positive. According to Wagner, arena mode has been “seeing a lot of traction” since the latest update.

Holosim While Star Atlas’ expansiveness offers a profound and rich experience, the sheer scope of the game’s universe, world-building, and product range can be difficult to wrap one’s head around. One of Star Atlas’s latest products, Holosim, aims to condense the enormity of the Star Atlas ecosystem into an accessible, free-to-play experience for newcomers.

Holosim can best be described as the lite version of Sage Labs, Star Atlas’ crypto-backed economic strategy game. However, where Sage Labs is fiercely competitive and can have real-world consequences, Holosim is a gentler welcome into the universe, guided by an AI virtual assistant and helpful gameplay tutorials.

"[Holosim is] our full free-to-play version of Sage with a bunch of really cool experimental features and enhancements. Things like a tutorial system, something that really helps players get through and learn how to play this more complex 4X RTS MMO style of game. It has mission directives and quests. It has our Sage AI virtual assistant or virtual companion that you can interact with and ask questions about how to play. It has the full context of how to play the game and the lore of Star Atlas."

Despite being free-to-play, Star Atlas has offered incoming players generous incentives to help them get started. As part of a partnership with Solflare, Star Atlas is distributing $35,000 to new players, alongside Solflare-skinned race crafts for the first 1,000 players who complete certain objectives.

We're adding in economic incentives. We have a couple of different reward tracks that people can participate in. Because this full free-to-play game is more web 2-esque, it's kind of us pushing out furthest along that philosophy curve of Web2 vs Web3. The wallet is fully obfuscated; you don't actually know that you're operating onchain, you don't have to buy and hold any assets, you can really just jump in and start playing. 

Wagner argues that one of the great benefits of the Holosim experience is that it abstracts away the ‘blockchain’ aspect of gameplay. Holosim is closer to a browser-based web game than a ‘crypto game’, but still serves as a smooth entry point into the Star Atlas ecosystem.

“Within Holosim, you're able to start as a player with extra, extra small ships. Every account is loaded with a few ships at the start. We actually have crafting recipes for ships along the way. So the goal is that as you're progressing along your account, you're starting to craft and grow your fleet along the different scale and class of ships. So you can genuinely go from zero to hero within the game.”

The Star Atlas founder also teased further updates to Sage Labs that are expected to bring fresh dynamism to the in-game economy. While Wagner was admittedly coy on the details, players can anticipate a revamped progression model allowing for diverse combat systems and other specializations.

Our next major update in Sage is a comprehensive overhaul of the gameplay mechanics that will introduce things like combat systems… And then the council rank system, which I'm personally really excited about. This is essentially our formal progression system in the game that includes things like research nodes. So being able to progress through the game, level up, assign points to various specializations, and now really be able to dial in specifically how you want to play the game yourself.

Z.INK Perhaps Star Atlas Summer’s most polarizing announcement, Solana’s OG onchain blockchain game is launching its very own Layer-1. 

While network participants had mixed reactions to the announcement, Wagner is adamant that re-deploying the Star Atlas universe on its own dedicated network offers a dramatically improved player experience.

Solana’s meteoric rise in popularity hasn’t been without its growing pains. Courtesy of memecoin mania and novel onchain experiments like ORE Supply, network congestion has previously made it difficult to land transactions. Perhaps more importantly, surges in priority fees started to eat into players’ profit margins.

“At the beginning of this year, Solana was experiencing pretty significant degrees of network congestion… This is great for Solana. Solana has grown substantially over the five years that we've been building on it… Priority fees were spiking quite substantially and in some cases consuming as much as 30% of gross revenues of our players. And so that's effectively a tax that was paid to Solana out of our players' pockets.”

Originally penned as a zero-knowledge powered identity-play, z.ink gives Star Atlas a far more stabilized base of operations. Unlike on Solana, players won’t need to compete with other users to land transactions. Wagner anticipates a 99% decrease in transaction costs, ultimately helping financially-minded players scale their in-game enterprise.

Naturally, the z.ink Layer-1 will feature its own native token, $ZINK, which joins $ATLAS and $POLIS to the third fungible asset class within the Star Atlas ecosystem. Given that z.ink will operate the SVM, the entirety of the Star Atlas universe can effectively be “lifted-and-shifted” to the new native network.

“Instead of our programs running on Solana mainnet, they'll be running on z.ink mainnet now. Nothing really changes for the player except they should also experience a far more performant gameplay experience. They're not competing with any of the traffic that's on Solana.”

While many Solana network participants were quick to label Star Atlas’ departure from the network a betrayal, Wagner remains a resolute advocate and supporter of the Solana network.

“I certainly wouldn't think of this as us abandoning Solana in any way. We've been staunch advocates and proponents for Solana. I continue to be a strong advocate for Solana tech. You know, if anything, we are using the SVM for a reason. It's because we believe in the underlying technology.”

As if to reinforce this position, Solana’s OG game closed out Star Atlas Summer by giving back to the network that birthed it.

Star Frame Before punching in the hyperspace co-ordinates for its final exodus, Star Atlas has left Solana with a parting gift.

Given the complexity of Star Atlas’s expansive ecosystem, the team reportedly found Solana’s existing developer framework lacking in certain capacities. To fill this gap, ATMTA developed its own internal framework for building onchain programs, Starframe.

“It's called Starframe. While that's valuable to us, we also do want to contribute back to the Solana ecosystem, that has benefited us so much. We think it's going to be a great tool for all future builders and existing builders on Solana. What it unlocks is the ability to write more sophisticated and complex programs that can achieve more and consume less.” 

Wagner posits that Starframe enables Solana’s developers to build more efficient and complex programs. Starframe is reportedly not gaming-exclusive, meaning that the framework can be leveraged to enhance applications across a variety of sectors.

Where to Get Started The sun may be setting on Star Atlas Summer, but the ecosystem is arguably wider and riper for exploration than ever before. With Holosim providing the trainer wheels Star Atlas has long needed, players now have a simplified and engaging platform through which to test the waters and learn the ropes, without needing to make any financial commitments.

According to Wagner, cosmo-curious gamers would be best served visiting the Star Atlas website and downloading the 149-page free Star Atlas Guide to Everything, which gives new players a comprehensive overview of everything they need to know before setting course for Galia.

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US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

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According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

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