It’s been two years since we caught up with LightningWorks impresario Geoff McCabe, creator of the Starblind comic, and to say he’s been busy in the interim would be an understatement.
As well as scripting over a dozen stories, GHubs grant recipient Geoff has been hard at work developing several video games, efforts he hopes will deepen the narrative of Alien Worlds as Tokenized Lore comes of age.
At the core of his vision is the aforementioned Starblind, a “circus-like” saga whose charismatic protagonist Ash has appeared at several Web3 industry events, with Geoff stepping into his shoes in full cosplay.
We recently spoke to Geoff about the evolution of Starblind, the challenges of lore-building, and how interactive comics and games could breathe new life into the metaverse.
Starblind’s Obsessive Firestarter For Geoff, Starblind is more than a project. “I consider it my life’s work,” he says, “the culmination of a lifetime of passion and study of storytelling, universe-building, art direction, and entertainment. Thousands of hours of my personal time are going to this.”
Interestingly, the story of ringleader Ash draws inspiration from Geoff’s roots as co-founder and performer in Seattle’s Pyrosutra fire circus. “Despite being fairly introverted, I’m an entertainer at heart,” he admits. “Comics and games are the perfect medium for me.”
While Starblind #0 proved the concept, its successor (Starblind #1) showcases enhanced artwork and interactivity and further issues are in the pipeline, each expanding a “universe-within-a-universe” built on Kevin J. Anderson’s foundational lore.
“Starblind Zero was very successful in its small release and we proved that people will buy multiples of a single comic when we give them a good reason to: the average person spent almost $60 buying 20! You can’t replicate that in print, but it makes sense when properly gamified like we did.”
In recent months, Geoff has been working on over a dozen scripts simultaneously, and four video games to support this world, likening his obsessiveness and toil to Mozart’s in Amadeus. “I believe Tokenized Lore needs an anchor series, our own Star Wars Trilogy, to help everyone truly visualize the richness of this world.”
The Promise and Perils of Tokenized Lore Unsurprisingly, LightningWorks founder Geoff has kept track of the growth of Tokenized Lore, feeding multiple canonized stories into LLMs to build glossaries, create a cross-reference guide, and get a better grasp of timelines
“I’m terrified I’ll do something in print, which is very expensive, and then it turns out to conflict with the lore!” he laughs. He’s also aware of the urgency of sending his own lore contributions out into the world.
“While I’m working towards a big reveal, someone else might get lore approved that conflicts with it. That’s why it’s so important to have a foundational series like Starblind that everyone else can SEE, HEAR, and PLAY: it’ll help everyone take the whole universe forward more cohesively. Everyone appreciates lore more when it’s part of something they can actually see.”
Siege Worlds Takes Shape One of the biggest focuses for Geoff has been Siege Worlds, a first-person shooter that has been designed to bring Starblind to life.
“Siege Worlds was my pre-existing game that at one point had over 200 daily players, and this was after many critics had written web3 games off as dead,” says Geoff.
“It’s genuinely very fun, with a game world built for Alien Worlds and related to the stories, set on an island covered with giant mushrooms. It’s nearly done and in playtesting now, with two new playable characters, specialized weapons related to them, and all new monsters.”
When released, Siege Worlds will join a library of community-driven games such as Milky Way Miner, Mercenary Battlegrounds, Mayhem, Meta Battler, and Planetary Defence. With Alien Worlds providing the scaffolding, the ecosystem is turning into a haven of dynamic spinoff games characterized by lore, digital collectibles, and decentralized governance.
Webtoons, AI, and the Next Frontier When not developing games and comics, Geoff has been busy on the conference circuit: in November he moderated the “Tokenize Everything” panel at Blockchain Jungle in Costa Rica, complete with cosplay giveaways and live manga art.
“The main takeaway was the real passion for what we’re doing by so many people,” says Geoff. “When we’ve done events at comic con here, we get lost in a crowd, and the average person doesn’t always want to deal with NFTs or crypto. But at a blockchain conference, everyone is genuinely excited. They say things like, ‘Wow, you’re actually doing something useful in web3!’ and they appreciate the high quality.”
Geoff is candid about Web3 gaming, saying it needs “something really cool to recharge the space. Tokenized Lore has the potential to do it and Alien Worlds is the clear leader, at least on the philosophical level. The mining aspect is also phenomenally cool, but it needs to be grounded in something easier to play. I’ve been working on a new secret game with that in mind.”
Looking ahead, his plan is to move away from overly-complex comics and into a Webtoons-type format. “The Webtoons are free and interactive, and sales come from micro-NFTs in the $1 range, that take all the fun and addictive parts that made Starblind Zero successful and ramp them up to be even better. So I’ve been building that and I think what I’m doing is pretty spectacular… of course, lots and lots of every type of AI is involved!”
Quizzed about what readers and players can expect from him going forward, Geoff promises “an amazing story with tons of secrets, great reveals, and shocking, iconic, sexy, and unforgettable scenes” as well as a tech stack featuring multiple AI-powered Starblind characters.
With Starblind as the anchor, Siege Worlds as the gateway, and Tokenized Lore as the canvas, Geoff McCabe is playing his part in turning Alien Worlds into a sprawling sci-fi epic.
Alien Worlds Coin is the native token of a gaming platform that revitalizes competition and collaboration among players.
What is Alien Worlds (TLM)?Alien Worlds (TLM) is an NFT DeFi metaverse that revitalizes economic competition and collaboration among players. TLM incentivizes players to obtain Trilium (TLM), necessary for controlling decentralized autonomous organizations (Planet DAOs) and accessing the game. In the Alien Worlds metaverse, players can purchase NFTs to mine TLM, participate in battles, and complete in-game quests. Depending on their strategies, players can purchase NFTs that best suit their profiles. Additionally, users can participate in governance by electing council members for six Planet DAOs, influencing the direction of the game. Trilium (TLM) is the native token of the Alien Worlds metaverse. TLM holders can stake their TLM to participate in the governance of the planets and access other potential rewards. Furthermore, users can stake TLM on a chosen planet for TLM and NFT mining.
Within the game, TLM tokens can be used to purchase in-game items. TLM is the native token of the Alien Worlds platform, used for in-game items, event participation, and other various organizations.
Where to Buy TLM Coin?TLM Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. Alien Worlds Coin is traded on Binance under the TLM/BTC, TLM/BUSD, and TLM/USDT pairs. At the time this guide was prepared, TLM Coin was trading at $0.07.
To buy TLM, you first need to register on the Binance exchange. After completing the registration, you need to transfer cryptocurrency or fiat currency to your Binance wallet. Once the transfer is completed, you can purchase TLM Coin from any of the three pairs mentioned above. For buying from the TLM/USDT trading pair, you first need to go to the interface of this pair. In the limit section of the TLM/USDT interface, enter the amount you wish to purchase. After specifying the amount, the purchase is completed with the Buy TLM order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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Alien Worlds (TML) invites players to a lively virtual universe and allows them to mine with NFTs. Players can participate in community governance through DAOs, determining the direction of the game while engaging in economic activities with the Trilium (TLM) cryptocurrency. Alien Worlds offers a rich and interactive experience with strategic gameplay, resource management, and community interaction. In this article, you can find answers to two frequently asked questions: What is Alien Worlds (TLM), and how to buy Alien Worlds (TLM) with TRY?
What is Alien Worlds (TLM)?Alien Worlds is a unique and interactive decentralized metaverse game that invites players to a lively virtual universe. This Blockchain-based game allows participants to explore different planets and engage in mining activities using NFTs. The NFTs in Alien Worlds serve as valuable digital assets that enable players to enhance their gameplay and unlock new opportunities within the metaverse.
One of the standout features of Alien Worlds is its use of Decentralized Autonomous Organizations (DAOs). These DAOs allow players to participate in community governance, making decisions that affect the direction and development of the game. This democratic approach ensures that the community plays a significant role in shaping their virtual environments, fostering a sense of ownership and engagement among players.
In Alien Worlds, players can acquire and manage virtual land, which is a crucial element of the game. Owning land not only provides a sense of regional control but also offers opportunities for strategic planning and resource management. Landowners can extract resources, build structures, and develop their land to enhance their in-game experience and earn rewards.
The main network asset of the game, Trilium (TLM), plays a central role in the Alien Worlds ecosystem. TLM can be earned through various in-game activities such as mining, completing missions, and participating in community events. This cryptocurrency can be used to purchase NFTs, trade with other players, and invest in virtual land, creating a dynamic and interactive economy within the game.
Alien Worlds offers a strategic gaming platform where players need to plan their actions, manage their resources, and collaborate with others to achieve success. The combination of exploration, mining, and community interaction creates a rich and engaging experience that appeals to a wide range of players.
Moreover, the game encourages community interaction and collaboration. Players can form alliances, participate in joint ventures, and compete in various events to earn rewards. This social aspect of Alien Worlds enhances the overall gaming experience, making it not just a game but a thriving virtual community.
How to Buy Alien Worlds (TLM) with TRY?Binance TR is the most suitable cryptocurrency exchange for investors in Turkey who want to buy Alien Worlds (TLM). Over 100 cryptocurrencies, including TLM, can be traded on Binance TR, where an account can be quickly created. To buy Alien Worlds (TLM) with TRY on Binance TR, you can follow the steps below.
How to Open an Account on Binance TR?Opening an account on Binance TR is quite easy. For this, you need to go to trbinance.com and continue from the “Create Account” step. In the first step of creating an account, you will be asked to enter basic information such as your email address, phone number, name-surname, date of birth, nationality, and Turkish ID number.
After entering the requested information completely and accurately, an email/SMS verification will be conducted to confirm the information. After completing this process, you will proceed to the second step, which is identity verification (KYC).
How to Verify Your Account on Binance TR?Identity verification on Binance TR is one of the security procedures that must be completed before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can perform the verification process either from your phone or through the official Binance TR website. Note that you will need your mobile phone to complete the identity verification process on the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click on “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, you can click on the “Copy URL” option to send the identity verification address to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first, tap on the “Identity” option to continue.
Then a screen like the one below will appear. To continue with the verification process, first select the document type that suits you best.
After selecting the document type, tap on the “Upload Front Side” option to continue. After taking a photo of the front side of the document according to the selected document type, tap on the “Upload Back Side” option and take a photo of the back side of the document and upload it. Make sure that the images are clear and that the information in the photos you take is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then tap on the “Selfie” option to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Make sure that your face fills the camera area as much as possible after the camera opens.
After completing all these steps accurately and completely, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?You can easily deposit TL into your Binance TR account from all banks. You can deposit and transact 24/7 from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts without any interruption. For other banks, you can deposit up to 50,000 TL 24/7 with FAST. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first go to trbinance.com, hover over the “Wallet” option at the top left of the main page, and click on the “Deposit” option from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If the bank you prefer does not yet have Binance TR integration, you should continue by clicking on the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, an account name and IBAN address will appear, where you can make a transfer, EFT, or FAST to that bank. All you need to do now is to transfer the amount you want to deposit to your Binance TR account using the information shown on the bank’s page via transfer, EFT, or FAST.
After your bank completes the transfer process, the funds you sent will be automatically reflected in your wallet in your Binance TR account.
How to Buy TLM Coin with TL on Binance TR?After the deposit process, you can proceed to the step of purchasing TLM coins with TL by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.
After clicking on this option, the following page will open. By typing “TLM” in the search section on the right side of this page and clicking on the TLM/TRY option from the results, you can go to the TL to TLM purchase page.
Now the TLM trading page will open as shown below. On this page, in the red-marked area, you need to enter the price at which you want to buy TLM in the first box and the number of TLM you want to buy in the second box. After entering the amount, you can complete your purchase by clicking on the “Buy TLM” button.
What is Binance TR?Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR leverages Binance’s technology, security measures, and liquidity provided through the Binance Cloud infrastructure to offer both fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through direct bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users can access market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls supported by Binance’s core functionalities through Binance TR.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
GameFi tokens were the best performers on Sunday as Bitcoin recaptured the important resistance point at $60,000 for the first time since Aug. 14.
Bitcoin (BTC) recovery triggered gains in the crypto industry, with the total market capitalization of all coins rising by 0.8% to $2.2 trillion.
A closer look at the top gainers showed that gaming tokens were the best-performing coins on Aug. 18. Mines of Dalarnia (DAR) token formed a god candle as it jumped to a high of $0.218 — 115% above its lowest level this month. Its surge brought its market cap to over $120 million.
Its rally happened in a high-volume environment. Data by CoinMarketCap shows that the 24-hour volume rose by over 3,740% to over $398 million. Most of its volume was from Bitrue followed by Binance. Mines of Dalarnia was also one of the most trending tokens in StockTwits.
Meanwhile, Alien Worlds (TLM), another gaming token rose by 70% to $0.014, giving it a valuation of over $62 million. It has risen by over 120% from this month’s low.
Gala (GALA) token also rose for the second consecutive day and reached its highest level since Aug. 4. Ronin (RON) rose by over 5% to $1.63.
According to CoinGecko, the total 24-hour volume of all GameFi tokens rose to over $2 billion while the market capitalization jumped to $13 billion.
Gala, Mines of Dalarnia, Alien Worlds, and Ronin tokens | Chart by TradingView GameFi challenges remain Despite the weekend surge, most gaming tokens have dropped sharply from their all-time high as demand for the sector wanes.
Axie Infinity, once touting a market cap of over $9 billion, has dropped to a valuation of just $715 million. Other tokens like Decentraland, Sandbox, and Gala have shed billions in valuation in the past few years.
A key concern among users is the volatility of the reward tokens. For example, Smooth Love Potion (SLP), which is used to reward Axie Infinity players, has dropped from $0.3335 in 2021 to $0.029, a 99% drop.
Tap-to-earn Telegram mini applications — Hamster Kombat, Notcoin, and TapSwap — are accumulating millions of users, further disrupting the industry.
Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.
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Elena is the Features Lead at Cryptonews.com. With a Master's degree in science journalism from City University, London, she is passionate about exploring complex topics in the world of technology.
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Key takeaways:
Play-to-airdrop games have been criticized for attracting profit-driven players who use bots to automate gameplay and accumulate points. The model is accused of crowding out real gamers, undermining the integrity of the game, and devaluing the airdropped assets. To prevent abuse, developers suggest implementing anti-bot measures such as CAPTCHA tests and multi-factor authentication. Play-to-airdrop (P2A), the latest iteration of web3 gaming, has come under fire for attracting profit hunters.
Play-to-airdrop is a strategy to attract users by giving away crypto tokens—called airdrops—directly to their wallet addresses. Users can then sell these tokens for cash on crypto exchanges. To receive the tokens, they must complete certain activities in the game.
People who have been in gaming for a long time believe that P2A games are replete with players who are looking to make a quick buck rather than enjoying the game.
These so-called degens typically use bots to autoplay games, accumulate points, cash out, and chase the next token. According to developers and players, the gold rush is crowding out traditional gamers—who value the fun of playing and the social aspects of the game—from web3’s airdrop era.
Mohsin Waqar, CEO of the game development platform Senet, said the play-to-airdrop model offers developers “significant benefits” for building player engagement and “fostering a sense of community.” However, he said the model is also prone to exploitation by bots and profit-hunters.
“Bots can be programmed to complete simple tasks or farm rewards automatically, undermining the integrity of the game and the value of the airdropped assets,” Waqar told Cryptonews, adding:
“Profit-seeking players may engage in strategies like creating multiple accounts (sybil attacks) or using bots to farm rewards, which can inflate the supply of airdropped tokens and devalue them.”
Play-to-Airdrop Criticized as ‘Gambling’On the one hand, “airdrop hunters” are part of the developers’ broader game plan. Play-to-airdrop uses speculation to market video games to people who might otherwise avoid them.
On the other hand, the quality and sustainability of P2A gameplay depend on converting the “gold diggers” into committed players. After initially drawing in those who are new to the game, developers must make them stay to give the studio its long-term business and cultural footprint.
Manel Sort, the CEO of Games for a Living, believes that P2A is a hard sell. “The use of random and unexpected bonuses in P2A dynamics hook the players, but they also blur the lines with gambling techniques,” Sort, who says to have built and published over 60 titles, told Cryptonews.
“I believe game developers in the web3 space have to decide whether they want to get involved in the gambling space or whether they bet on innovation and fresh approaches to engage the players long-term,” he added.
Game developer Jandindr argued in a post on X that the current form of P2A is not sustainable for studios. “Token should be used to give to your best quality players to retain/ new users where the cost make sense. Now you are spending $100 to get the worst possible user group (sic),” he said.
I am pretty bearish on the current form of play to airdrop
it doesn’t create any long term / sustainable business at all especially in gaming.
Token should be used to give to your best quality players to retain / new users where the cost make sense
Now you are spending $100 to…
— jarindr.eth | zentry ⚡️ (@jarindr) August 19, 2024 One of the most anticipated airdrops relates to the TON-based game Hamster Kombat, which claims to have over 300 million active players. On Aug. 28, the team finally announced that the token generation event (TGE) and subsequent airdrop will take place on September 26th.
The reveal ended months of waiting, as the airdrop, originally set for July, was pushed back to August. At the time, the team said it was fine-tuning its tokenomics—a combination of the words “token” and “economics” used to define the elements that make a cryptocurrency valuable.
In August, however, the Hamster Kombat team announced that it would not set a specific date due to the size of the event. It described the event as a “technically complex undertaking, unprecedented in the blockchain world.”
“Many P2A games have struggled because their tokenomics models are poorly implemented,” Juan Humberto Vivas Lovera, founder and CEO of web3 platform Pixpel, said in an interview with Cryptonews.
“The complexity of web3 games, involving both digital assets and tokenomics, necessitates that tokenomics be adjusted according to game dynamics and how funds are being utilized,” Lovera added.
According to its whitepaper, Hamster Kombat will allocate 60% of its token’s total supply to players as a reward for tapping the screens of their smartphones and completing other in-game tasks like watching YouTube videos.
But even before its airdrop, Hamster Kombat was already facing legal actions from alleged early investors who supposedly created the game, per Russian media reports. It is unclear whether the legal battle over Hamster Kombat’s origin will affect the airdrop.
The project previously said that it turned down investments from venture capitalists to protect users who received the airdrop from becoming “exit liquidity.”
How Game Studios Can Reward Quality Mohsin Waqar, the Senet CEO, said developers need to implement anti-bot measures, such as CAPTCHA tests and multi-factor authentication, to prevent abuse in P2A. The GameFi veteran, whose company boasts over 600 games, 300,000 daily downloads, and three million monthly users, also proposed limiting the number of accounts per user and monitoring suspicious activity using artificial intelligence (AI).
Waqar suggested “tiered rewards, where more valuable airdrops are only accessible to players who demonstrate consistent and meaningful engagement.”
Some of his proposals have been tested and have had some success at Alien Worlds. Waqar said the blockchain-based metaverse game struggled with bots farming points and players creating multiple accounts to maximize airdrop rewards.
Alien Worlds responded by implementing stricter account verification processes and transaction cooldown periods to reduce exploitation. Developers also changed the reward distribution mechanics to make it harder for bots and exploiters to profit without real engagement.
Lovera, the Pixpel founder, spoke about the need for a digital ID-enabled wallet, like Concordium. This will ensure there is one person behind the screen rather than bots. He also suggested a tokenomics model based on tournaments, whereby players can lose tokens if they lose the game or tournament.
Nothing Beats a Good GameA Philippines-based gamer, who preferred to be called Lupin XIV, said that P2A is easier to exploit if there are fewer barriers to entry, if it is referral-based, and if eligibility requires minimal verification.
While bad actors are inevitable, P2A games must attract more committed players to create a balanced gaming economy. When invested participants take up more space in the community, it reduces the likelihood of abuse. Lupin XIV told Cryptonews:
“The gaming experience will play a key role in P2A for both true fans and profit-driven players because a certain percentage of profit-hunters can be converted to long-term players if there are game loops, player progressions, fewer exploits, and token sustainability.”
Ultimately, nothing beats a good game. “The one way to attract players is to create a compelling game that they will stick to regardless of incentives and airdrops,” Lupin added.
“Developers must recognize that the quality of the game will always have greater importance for the majority of gamers than the rewards offered,” Lovera concurred.
Why Play-to-Airdrop?It’s not all doom and gloom for play-to-airdrop games. In web2 gaming, enthusiasts provided valuable beta insights that contributed to community-building and game development. However, developers largely controlled ownership and profit.
The play-to-earn (P2E) model, popularized during lockdown, used blockchain technology to shift power from developers to gamers. P2E rewards players with money, in-game items that enhance their virtual experience, and non-fungible tokens (NFTs) that give them ownership of these assets.
P2A builds on P2E by adding speculation as a new selling point. Developers leverage the appeal of accumulation and the element of surprise to promote new games. Experts say there are several benefits of the play-to-airdrop model, including:
Increased game time: Rewards are given to players who stay engaged over the long term. Since gamers often don’t know when an airdrop will happen, they remain committed in anticipation. Virality: The uncertainty around reward details creates buzz and drives interest through engaging narratives. Diverse player base: In addition to web2 purists, P2A attracts players who might be interested in speculation. This diverse group may also stay to enjoy the game. “By offering airdrops as rewards, developers can attract a diverse range of players, including those who may be new to blockchain gaming,” explained Senet’s Waqar.
“This approach can help build a loyal community that is invested in the game’s ecosystem, leading to greater longevity and a more stable economy – IF done right.”
Alien Worlds is many things to many people. A mining game. An NFT collection. A staking project. A governance experiment. Since master storyteller Kevin J. Anderson came onboard to revamp Alien the lore in 2023, though, it’s becoming something more: a living, breathing sci-fi franchise.
Lore – defined as the creative elements (characters, stories, history) unique to Alien Worlds – is what makes the metaverse a coherent ecosystem rather than a disparate hodgepodge of Web3 mechanics. Think about it: mining Trilium, building an NFT collection, participating in DAO governance, competing in tournaments: all these elements work together because they’re rooted in a shared sci-fi narrative. It’s the story that makes everything click, the lore that pulls players deeper every time they connect their wallet.
Since Kevin J. Anderson outlined the alien races and interstellar conflicts that characterize life on the six frontier planets, the community has taken the baton, submitting over 130 stories for review. At the time of writing, dozens have been officially canonized by the Lore DAO – making them beyond reproach. With every submission, the connective tissue holding Alien Worlds grows stronger.
Building the Backstory Although Anderson’s 16-page Lore Treatment breathed fresh life into the sci-fi DNA of Alien Worlds, there was plenty of continuity: the willowy, enigmatic Altan race, for example, clearly derived from the Greys. The subsequent publication of a Tokenized Lore Book, meanwhile, provided a visual insight into the alien races, vehicles, and architectures, giving creators a strong foundation upon which to add their own creations.
The same decentralized architecture that permits players to occupy a seat at the powerbrokers’ table in the governance-focused Syndicate and Union DAOs, also ensures a broad church where lore is concerned. Submitting a story is easy, with a Lore Librarian vetting contributions to ensure conformity with the official canon. As with the other DAOs, players stake TLM to decide whether a story deserves to be woven into the fabric of Alien Worlds.
It should be noted that players can leverage another resource, other than the Lore Treatment and Lore Book, to write stories. Lynx, a Discord-based LLM trained on the canon, can be utilized to generate ideas, answer queries, and cross-check stories for inconsistencies. It’s a system designed to enable smooth passage for submissions that genuinely bring something fresh and exciting to the existing material.
Speaking of fresh and exciting content, the media inspired by lore now includes both games and comics, with multiple indie developers weaving stories and characters into their projects. Without the lore, these developers would be whistling in the dark.
Starblind is a great example: set in the Magor prison colony Grimstone, this comic book series follows a tight-knit crew searching for a hidden Trilium deposit. A forgeable NFT-based comic with nine rarity tiers and unique generated covers, Starblind features several races outlined in the Lore Treatment including an Onoros and Elgem. What’s more, the story will soon be gamified in the upcoming first-person shooter Siege Worlds.
In addition to Starblind, the revamped lore has featured in the auto-battler Battlefleet Armageddon and Meta Battler, a deck-building game that introduced new NFTs featuring races grounded in the foundational material. As more developers build on the lore scaffolding, the sense of community and shared purpose will only intensify.
Blending Mechanics with Story As mentioned at the outset, Alien Worlds is about mining, collecting, staking, and governance – but lore confers import on all of these endeavors. Take NFTs, for example: while their scarcity and functionality gives them broad appeal, it’s the lore that provides their substance. A mining tool is used primarily to procure Trilium, but now players can explore the tool’s backstory to enrich our understanding and appreciation of it. The same is true of weapons and avatars.
In the absence of such a backstory, what do we have? Images, with some utility baked in. Thanks to Tokenized Lore, simple tools can be transformed into artifacts of a living world. Players will trade NFTs regardless, but knowing the asset carries narrative weight adds a new layer of immersion. Blending mechanics with story fosters a deeper level of engagement, particularly when factoring in the role of the Syndicates themselves. What other game can you simultaneously write, play, and govern?
It is no exaggeration to say that Tokenized Lore has given context to every spinoff project, comic, NFT drop, and tournament. By rooting the various moving parts of Alien Worlds in community-driven lore, they have become more memorable and meaningful.
Any discussion of sci-fi innovation inevitably segues into Star Wars at some stage or other, but it’s important to remember that before the saga, there was the story. Without its compelling cast of characters and races, George Lucas’ masterpiece might be a little-known ‘70s space flick rather than the beloved franchise it is today.
If you’re a sci-fi storyteller or ambitious indie developer, there’s no better time to plug into Alien Worlds and help write the next chapter in the evolution of gaming.
Developers can access our API toolkit here. Innovators, breathe life into your project by applying for a Galactic Hubs grant today. Leaders, step into the Planetary Syndicates or Union DAOs and propel your ideas to the forefront of the community. If you need assistance with any of these endeavors, please visit our official Discord or Telegram channels.
2025 was one of the most important years in the history of Alien Worlds. From launch, the goal has always been to give increasing control to the community. This year showed how far that vision has come as players expanded the metaverse through games, governance, tools, lore, and new ways to earn Trilium.
With an average of more than 90,000 daily active accounts in 2025, Alien Worlds remained one of the most active decentralized ecosystems, driven by community builders, creators, and DAOs.
Milky Way Miner
Weekly tournaments grew significantly this year, offering Trilium rewards to all participants. Players staked Alien Worlds NFTs, competed in skill-based mining challenges, and progressed across a polished 2D platformer. Permanent boosts were removed to keep gameplay fair and balanced.
Mercenary Battlegrounds
This strategy title combined tower defense, auto-battler, and tactical mechanics. Staking crew.worlds NFTs unlocked Alien Worlds themed towers, and players battled through six weeks of tournaments supported by Trilium rewards.
Mayhem: Alien Worlds
A turn-based mobile shooter inspired by classic tactics games. Players selected their preferred race, used specialized abilities, and submitted kill shots during playtesting rounds that rewarded participation and helped refine gameplay.
Mission Control
A community-built platform that provided mining analytics, land insights, NFT tracking, and performance dashboards. Players used it daily to optimize strategy across the Alien Worlds economy.
Outlaw Troopers
A long-running community-created NFT game on WAX where players deploy Troopers in Encounters to earn FGL tokens and climb seasonal leaderboards. Players run Missions to collect virtual credits, gears, ore, and other resources used across the FGL ecosystem. Outlaw Troopers also introduced cooperative battles against the Orbatroid, where players can team up and compete for a share of Trilium rewards. New events and tournaments are announced through Alien Worlds socials.
Minecrafters
A Magor Union community project that combines the Minecraft experience with Alien Worlds themed gameplay. Players explore the server, complete quests, build structures, and interact with custom features inspired by the six planets. By staking Alien Worlds NFTs, players unlock progression paths and can earn Trilium through in-game activities and event participation.
Eyeke Embassy
One of the most active hubs of 2025. With expanded support through Galactic Hubs, the Eyeke Embassy introduced new Legendary and Mythic Mechs, increased mining and staking rewards, and released monthly one-of-one Mechs inspired by each Alien Worlds race. More than 25,000 NFTs were burned through blends during the event.
Planetary Defense
A strategic community-created game set on Magor where players defend land, launch coordinated attacks, and manage NFTs in real time. Landowners build defenses while mercenaries join raids or protect territories. Players face PvE threats and PvP battles, complete missions, and earn Planetary Defense Tokens. Progression comes from upgrading armies, increasing vote power, improving chests, and climbing the leaderboard.
Meta Battler
A community-built rogue-like deck-building strategy game that lets players use digital collectibles from across the WAX ecosystem, including Funkos and custom NFTs. Attributes are assigned automatically, allowing a wide range of items to become playable cards. Upcoming updates include streamer PvP, roguelike campaigns, NFT loot, and an economy powered by MBP. Players build decks, battle through encounters, unlock rewards, and experiment with new strategies shaped alongside the community.
Decentralization Became More Visible Alien Worlds continued progressing toward a community-directed structure where players guide development, resource distribution, and planetary governance.
Union DAOs Gained Greater Control Over Mining Rewards
Union DAOs can now direct up to 25 percent of their mining reward pool toward community initiatives. This expanded authority allows players to fund tools, games, events, and creative work within their planets.
Election Cycle Adjustments
Planets gained the ability to adjust their own election time frames, giving each community the flexibility to match governance to its activity and needs.
Control Over Custodian Count
DAOs gained authority over the number of custodians for their planet. This lets each Syndicate establish the structure that fits its voters and builders.
Syndicate Activity in 2025
Across all six planets:
850 proposals were submitted
791 proposals were executed
12,080,321 Trilium was allocated through Syndicate actions
Union DAOs executed 52 proposals this year, dispersing a total of 26,199,123 Trilium:
Neri Union: 6,588,501 Trilium
Kavian Union: 7,181,100 Trilium
Magor Union: 5,240,000 Trilium
Naron Union: 3,595,902 Trilium
Eyeke Union: 3,338,620 Trilium
Veles Union: 255,000 Trilium
Union DAO staking totals:
Neri Union: 1,786,743.1474
Kavian Union: 874,089.0837
Eyeke Union: 875,257.6168
Naron Union: 97,157.9867
Magor Union: 607,422.5292
Veles Union: 850,033.0595
Missions Reached Major Scale
In 2025:
20,993,150 total ships were sent on Missions
1,256,114,160 Trilium was staked for ship leasing
118,270,600 Trilium was distributed as Mission rewards
Lore and Creativity Expanded Through Players
Tokenized lore continued to grow in 2025.The system went live on January 29, and the first proposal was submitted on February 6. There were more than 122 community-written stories and over 1.1 million words of AI-assisted lore created based in the Alien Worlds metaverse.
Writers worked with the foundational lore created by Kevin J. Anderson. Players voted on which stories became canon, and contributors, librarians, and Lore Scribes supported new writers throughout the process.
Galactic Hubs Continued Supporting Builders In 2025, GHubs funding supported:
new game updates
mining experiences
Mech development in Eyeke
community tool improvements
cross-platform integrations
lore and storytelling initiatives
For a deeper look at GHubs funded projects and milestones, you can read the full Galactic Hubs report.
The Ecosystem Ahead Alien Worlds in 2025 was defined by players. Games were created by the community. Governance decisions were made by DAOs. Trilium rewards moved through structures selected by the community. Lore and worldbuilding came from contributors across the world. Alien Worlds continues to grow through the creativity and decisions of the Explorers who call the six planets home.
Ask any veteran Alien Worlds Explorer what keeps them coming back and they’ll rarely mention just one thing. They’ll wax lyrical about the kickass spinoff games they played, the lore they read and wrote, the tournaments in which they participated. Others will mention the NFTs they earned and traded, and that time they got to call the shots as a Custodian of one of the six Planetary Syndicates.
Such a varied game experience is only possible thanks to the efforts of the wider community, though a guiding hand exists in the form of Galactic Hubs. Indeed, this sprawling ecosystem wouldn’t exist at its current scale without GHubs.
Launched 3.5 years ago, Galactic Hubs started with a simple aim: to support anyone in the community who had the vision and talent to push Alien Worlds forward. This support could take many forms, from mentoring and marketing to long-term funding, and it’s safe to say players and developers have benefited from such a hands-on approach. What began as a grant program has quietly transformed into the single biggest growth engine in the Alien Worlds Metaverse.
From Bold Experiments to Foundational Infrastructure Decentralized and community-led, Galactic Hubs was conceived as “a resource that would help fund any member of the Alien Worlds community who had the vision to catapult innovations in software development and community building.”
Among the first wave of grants many hit the bullseye, most notably the creation of an interoperable bridge that let Minecraft players step into the Web3 world and earn Trilium (TLM). PvP card battler Battledome, a free-to-play strategic space combat game from developer Restack.AI, was another early recipient of GHubs support, giving players a fresh way to utilize their Minion, Character, and Weapon NFTs.
While the aim of GHubs has always been to get more players through the virtual doors, as well as compel developers to recognize the merits of building on Alien Worlds, 2023 saw a renewed focus on building out crucial infrastructure in the form of SDKs, APIs, and oracle services.
Perhaps the best example of this was the WAX Cloud Wallet Mobile SDK, which made mobile development more palatable to devs. This unshowy behind-the-scenes work actually laid the groundwork for a more friction-free experience for creators and players who came along later.
From Mission Control’s revamped UI and Tool Loaning feature to comms tools like MSIG Chat, most of the major infrastructure upgrades of recent years can trace their roots back to a successful GHubs application. They mightn’t hog the headlines like the flashy game releases, but these projects were worth their weight in gold (or TLM). GHubs understood early that the metaverse isn’t built by one team but by dozens of small ones feeding off each other’s passion and progress.
Lore Takes Centre Stage 2025 has undoubtedly been the year of the story, following the launch of Tokenized Lore and its attendant tentacles, including a dedicated Lore DAO. Last year, GHubs rolled out Lore Community Grants and put an official Lore Scribe in place, and consequently writers felt a runway beneath their feet and a gentle hand on the back pushing them forward.
While the community chased Community Grants for story submissions, a number of projects gained support to build on Kevin J. Anderson’s foundational lore. These included LightningWorks’ Starblind, an immersive digital comic revolving around a Magor prison break with forgeable NFT covers (a first-person-shooter adaptation, Siege Worlds, is in the works), and deck-building strategy game Meta Battler which dropped new species-themed NFT packs. Meanwhile, Battlefleet Armageddon got a major narrative update to incorporate the latest lore.
Every project followed a similar route, in that it was conceived by those who already had some link to the Alien Worlds community; funding was dispensed based on the value the works could bring to the player base. In short, GHubs bet on storytellers the same way they once bet on coders.
Expect lore to remain a firm focus in 2026.
The Flywheel in Motion Over the last 3.5 years, some 90+ projects have benefitted from direct GHubs support. From tournaments to tools, games to comics, APIs to oracles, the initiative is committed to onboarding and retaining players, and boosting the long-term health of the Alien Worlds ecosystem. Rather than being shots in the dark, projects that win support must meet milestones, show measurable impact, and leave the door open for the next imagineer.
The result is a flywheel: better tools bring more players, more players make the sandbox appealing to builders, and more builders means more games (plus increased competition for grants). While the Worker Proposal System and Union DAOs now handle much of the day-to-day funding, GHubs has been the true engine of ecosystem growth, always at hand to inform and support.
Dacoco Ecosystem Manager Evan Dean says it best: “Galactic Hubs will keep seeding studios, co-funding with DAOs, and tying support to measurable retention and decentralization.” Amen to that.
From its early days as a humble mining game on WAX, Alien Worlds has transformed into a community-driven decentralized metaverse where players compete, collaborate, build, write, vote, and determine the direction of travel for an ever-expanding transmedia franchize.
At the heart of this creative wellspring is Tokenized Lore, a novel framework that has succeeded in building out the original sci-fi backstory into an intricate canon capable of supporting everything from short stories and NFT collections to comics and games.
Many people were key to the vision of Tokenized Lore, among them Dacoco’s Chief Marketing Officer Kevin Rose, who worked directly with master storyteller Kevin J. Anderson. Another of the central players was ‘Lore Librarian’ Lalothen, whose unique role combines a forensic knowledge of the existing mythology with a curator’s eye for fresh ideas and perspectives.
We recently spoke to Lalothen about the journey from formative lore to a thriving narrative ecosystem, the challenges of maintaining consistency at scale, and what the future might look like for the Alien Worlds Metaverse.
Meet Lalothen If you’re new to these parts, this might be the first time you’re reading about Lalothen. But even if you’re an OG, you mightn’t know exactly who he is. So… who is he? And how did he end up becoming a vital member of the Alien Worlds community?
“I’ve been a massive gamer and sci-fi fan for decades, and it was actually during Covid that I came across Alien Worlds,” he reveals. “I’d started to dabble a bit in crypto, and was interested in the concept of blockchain gaming. By chance, I came across an ad for the WAX blockchain, had a look around, spent some time playing a game called Prospectors, then finally looked into Alien Worlds after listening to Dacoco’s CEO Saro speak during a webinar.
“At the time, she made a very good case for the concept of decentralized gaming, individual ownership of game assets in the form of NFTs, and so on, so I decided to give it a try. The rest, as they say, is history.”
Rebuilding the Foundations Lalothen’s involvement in Alien Worlds led to the Tokenized Lore initiative, the first step of which was revamping the base mythology. “The original lore was more ‘bare bones’ and quite tongue-in-cheek,” Lalothen explains. “We wanted something more comprehensive that could translate into a robust framework for engaging storytelling.”
Alien Worlds Lore 2.0 fleshed out the origins of Trilium and Triactor Technology and created distinct alien races with their own tech, architecture, and cultures. And who better to write it than best-selling sci-fi author Kevin J. Anderson, whose credits include spin-off novels for Star Wars, Dune, and The X-Files?
After Anderson added his stardust, Lalothen helped develop his ideas into the official Tokenized Lore book: a written and visual compendium that serves as the terra firma of the Alien Worlds Metaverse.
“I had the pleasure of creative talks with Kevin on a couple of occasions. One of my favourite races – the Lopati – was his creation, and taking his concept and adding elements like architecture and technology was incredibly satisfying.
“When the first draft of the lore book was complete, it felt surreal. If you had asked me five years ago whether I thought I’d be collaborating on such a creative endeavour, with the involvement of a legendary author no less, I’d have laughed.”
Adapting the Lore Treatment What did the process of turning Anderson’s treatment into a definitive lore guide look like?
“Several of us worked on creating consistent imagery in different visual styles,” Lalothen recalls. Generative AI played a key role, producing concept art that the Lore Squad (a team of creative staff members) reviewed and refined.
Perhaps inevitably, a dedicated Lore DAO tasked with managing player contributions emerged. “The DAO allows members of the community to submit written content designed to expand the existing canon,” Lalothen says. Submissions are voted on by the community, and only those that pass the required threshold are canonized.
“I found the whole process very exciting, as it gave us an opportunity to create unique alien races, build a solid rationale regarding the ubiquitous nature of Trilium, and transform the lore into something that could be used as a spring board for creating new content: stories, comics, videogames, etc,” says Lalothen.
From Librarian to Curator Lalothen’s role as Lore Librarian grew organically from his early work on the framework. “I effectively carry that framework in my head now,” he says, “making it easy for me to review new content and determine how well it adheres to the existing canon, whether the way it expands the lore makes sense.”
Much of his time is now spent collaborating with creators, working closely with Galactic Hubs grantees to ensure their projects stay true to Alien Worlds. Lalothen also oversees the GHubs Lore Grant, which incentivizes high-quality writing that meaningfully expands the universe.
“A lot of my Librarian time is spent working with individuals or teams seeking to utilize or expand the lore. A good writer needs several things: a strong imagination, at least a decent grasp of the existing canon, and a willingness to accept and act upon feedback,” Lalothen explains.
When the program opened in mid-2024, many early submissions were rough, requiring extensive notes from Lalothen and his ‘Lore Scribe’, RED. Over time, writers improved dramatically, with Ender singled out as someone who “took his writing seriously and went the extra mile to show tangible improvement with every submission.”
Of the recurring pitfalls he sees, over-reliance on generative AI ranks high. “AI is a great tool for brainstorming a good plot and characters but the actual story output needs to be read through and often quite heavily edited, particularly for a longer story as Gen AI often introduces inconsistencies over time.”
Unsurprisingly, Lalothen views AI as an assistive tool rather than a replacement for human imagination and critical thought.
A Decentralized Alternative to Traditional Lore Tokenized Lore sets Alien Worlds apart from both traditional gaming IPs and many other web3 projects. Unlike the Star Wars Extended Universe, which expanded from a central canon, or Disney’s later consolidation, Alien Worlds hands creative responsibility to the community.
“We’ve created the basic framework; now it’s up to the people to flesh that out democratically, and in a meaningful way,” Lalothen says. There is no opaque central authority deciding canonicity; players decide.
“Because creative responsibility is in the hands of the community, there won’t be a situation like when Disney took over the Star Wars IP: vast swathes of community-created lore spanning decades – considered canon by the community and in some cases by Lucasfilm – were suddenly faced with the prospect of being delegitimized.”
What’s Next? Lalothen expresses excitement about a number of upcoming projects, including Alien Legends and New Genesis, both of which are being built around the established canon in story and visuals.
“My hope is that the community continues to expand the canon through the Lore DAO,” he says, while acknowledging the technical hurdles that make the current system challenging to use. Encouragingly, the team is working on a fresh initiative to further gamify the revamped lore, though details remain under wraps for now.
For aspiring contributors, his advice is straightforward: “Make sure your writing meshes well with the existing canon, expands it in some way – no matter if it’s just a very small way – and above all, that it makes for compelling reading. Don’t be shy about asking for help or critique, either from me or other community members willing to read and offer feedback.”
Alien Worlds is no longer just a game, it’s a universe shaped by its players. With Lalothen and the Lore DAO guiding the narrative, the canon will continue to grow in ways that are as unpredictable as they are exciting. Whether you’re a miner, a writer, or simply a fan of science fiction, the invitation is open: come build something, tell a story, and help decide what happens next.
The Alien Worlds UI acts as a portal for metaverse competitions. The system runs entirely on-chain, giving players complete visibility over competition details, rules, and reward distribution. Being entirely on-chain allows game developers (regardless of platform) to simply integrate into the Alien Worlds economy while also providing complete flexibility for game UI integration.
This system supports community developers, DAOs, and players who want to run events with clear rules, tracked performance, and rewards in Trilium, Shards, or both! Competitions can be tied to mining, missions, or other game platforms such as STEAM, mobile app stores or browser. It gives players a way to discover competitions, follow progress, and join through each game’s site, with prize distribution handled through a process that is visible from start to finish.
How It Works Each competition follows a defined lifecycle that moves from registration to live play, then through result processing and final reward distribution. Players can register during the opening phase, take part once the competition begins, and track scores as the event progresses. After the competition ends, results are reviewed before rewards are made available. This structure removes guesswork and keeps every stage of the competition aligned with how it was set up.
Joining a Competition Competitions can be found through the Alien Worlds interface, where they are grouped by their current stage so you can quickly find where to participate.
Upcoming competitions appear during the preparing stage, where you can review the details and register before the event begins. Once a competition moves into the playing stage, it becomes live and scores can be updated as the event progresses. Some competitions may allow late registration at this stage, depending on how they are configured.
After the competition ends, it moves into processing and then auditing, where results are finalized and reviewed. Once approved, the competition enters the rewarding stage, where eligible players can claim their rewards. Completed Competition remain visible for reference after all rewards have been claimed.
Before joining, you can review key details such as reward pools, timing, participation limits, and where the competition takes place.
Creating a Competition Anyone can create a competition by interacting with the competitions contract. The process starts by calling the initcomp action, which creates the competition and sets the foundation for how it will run.
When calling initcomp, you define:
Title and description Start and end time Minimum and maximum players Whether late registration is allowed A link to the experience players will use The account that submits this transaction becomes the admin of the competition. From that point forward, the admin manages the competition through each stage.
Adding Rewards and Running the Competition After creating the competition, rewards are added directly to it.
Trilium is added by transferring tokens to the competition contract and including the competition ID in the memo. This builds the reward pool for the event. Multiple contributors can support the same competition, allowing communities, DAOs, or individuals to contribute.
Shard rewards can also be added through the system using the addshards action.
Once the competition is live, the admin can update scores using scoreset or scoreincr. These actions track player performance during the event.
When the competition ends, the admin assigns rewards using the declwinner action. This defines how the reward pool is split based on results. After review and approval, rewards move to a claimable state and players can claim them through the system.
Rewards Each competition defines its reward structure before it begins. Prize pools can include Trilium and Shards, with allocations set in advance. After results are reviewed and approved, rewards become available to claim. This ensures that payouts follow the original structure without manual intervention.
Transparency at Every Stage Competitions are designed to be clear and verifiable from start to finish. Prize pools are visible before you join. Results pass through a review stage before rewards are released. If issues are raised, they can be addressed before final approval. If a competition does not meet requirements or is rejected, rewards are returned to contributors. This helps maintain confidence across the ecosystem.
What This Means for Players Competitions add a new layer of activity across Alien Worlds. You can take part in structured events, track your performance during live play, and earn rewards tied to your results. You can also create and run your own competitions, define the rules, and support rewards for others to participate. This system supports a more connected and active environment, where gameplay, rewards, and community participation work together.
Looking to Create a Competition? If you have a game that is active in the Alien Worlds metaverse, then reach out to Evan at Galactic Hubs: [email protected]. Competition reward auditing and approvals will be handled by the Galactic Hubs for a period of time before operations are decentralized to the community.
Trilium and Shard competition sponsorships are available upon review.
PANews reported on May 22nd that, according to an official announcement, Binance will add a watchlist label to the following tokens on May 22nd, 2026, based on recent reviews: Alchemix (ALCX), Cookie DAO (COOKIE), DODO (DODO), Epic Chain (EPIC), Heima (HEI), Hashflow (HFT), Storj (STORJ), Synapse (SYN), and Alien Worlds (TLM). Watchlist-labeled tokens may have higher volatility and risk compared to other listed tokens, and Binance will closely monitor and continuously review them. Trading these watchlist-labeled tokens carries risk; these tokens may no longer meet listing standards and could be delisted.
Binance, one of the world’s leading crypto exchanges, has announced its intention to delist specific margin trading pairs involving Bitcoin (BTC). This move, slated for July 8, 2024, affects both cross and isolated margin trading pairs. Other affected cryptocurrencies include DigiByte (DGB), Alien Worlds (TLM), and Voxies (VOXEL).
Details On Latest Binance Delisting Moreover, this delisting specifically affects DGB/BTC and TLM/BTC in both categories with Bitcoin as the quote currency. Meanwhile, VOXEL/BTC pair will be removed from the isolated margin category. In a notice issued to its users, Binance specified that at 06:00 a.m. UTC on Sunday, July 7, 2024, the platform will suspend isolated margin borrowing on these isolated margin pairs.
Moreover, following this, at 06:00 (UTC) on July 8, 2024, Binance Margin will automatically close users’ positions. Thereafter, it will conduct settlements and cancel all pending orders on the affected trading pairs. Once this process is completed, these pairs will be permanently removed from margin trading on the platform.
The crucial aspect of this announcement is the role of Bitcoin as the quote currency in these pairs. In the trading world, the base currency is the first currency listed in a pair, and it is the commodity being bought or sold. The quote currency, in this case, Bitcoin, is the currency in which the base currency is priced. Hence, this means that users were trading DGB, TLM, and VOXEL, with Bitcoin as the measure of value.
This delisting decision impacts traders who prefer Bitcoin as the standard measure for their trades. It represents a significant adjustment for those who use Bitcoin’s relatively stable value as a benchmark against other, more volatile cryptocurrencies. By delisting these pairs, Binance potentially reduces the flexibility for users to trade lesser-known tokens against Bitcoin.
Also Read: Binance Labs Leads Major Funding Round For Bitcoin Wallet UniSat
Exchange’s Advise To Users For Avoiding Potential Losses Moreover, Binance advised its users to take necessary actions before the delisting process begins. The platform recommended that users close their positions and transfer their assets from Margin Wallets to Spot Wallets before the cessation of margin trading at 06:00 p.m. UTC on July 8, 2024. In addition, Binance emphasized that it would not be responsible for any potential losses incurred due to these changes, urging users to act promptly.
Despite the delisting, Binance assured users that the affected assets, DGB, TLM, and VOXEL, could still be traded on other available pairs within the Binance Margin platform. This implies that while the direct trading pairs with Bitcoin are being removed, there are still alternative avenues for trading these assets.
This move is part of Binance’s ongoing efforts to optimize its trading platform, ensuring a streamlined and efficient trading experience. The exchange continually reviews its product offerings to align with market demands and regulatory requirements. Moreover, it aims to provide the best possible service to its users worldwide. Thus, it regularly announces removal of pairs that lack in liquidity, market interest, and other factors.
Also Read: Binance Announce Delisting Of Key Crypto Pairs, Brace For Market Impact
