Rubio: US and Iran to continue technical consultations at the end of this month
Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)
5 hours ago
Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.
According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.
5 hours ago
Bitcoin falls below $60,000
According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.
5 hours ago
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.
5 hours ago
US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.
According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.
5 hours ago
During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.
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%.
Xai (XAI), the 43rd launchpool project of Binance, is a Layer 3 Blockchain network built on Arbitrum, a Layer 2 scaling solution for the Ethereum $1,663 network. In this article, we will explore what Xai is, the native asset of the Xai network, XAI coin, how to buy XAI coin, and answer many other related questions.
Xai is designed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games without needing to use a crypto wallet. Anyone can support the Xai network by running a node, allowing them to receive network rewards and participate in governance. Xai is developed by Offchain Labs, leveraging Arbitrum technology.
Xai aims to bring hundreds of millions of traditional gamers into Blockchain-based games for the first time by abstracting wallets and offering a fast, low-friction gaming experience, while also providing the benefits of Blockchain technology including open trade, interoperability, composability, and in-game item ownership.
Previous generations of Blockchain gaming ecosystems have demonstrated that Blockchain-based games have a place within the larger gaming ecosystem. However, Blockchain games still require greater scalability. The core value of Xai lies in making it easier than ever for traditional gamers to experience the benefits of Blockchain-based games by prioritizing a delightful, low-friction user experience as the project’s most important principle.
XAI Coin ReviewThe native asset of the Xai network, which shares the same name, is XAI. The supply of XAI coin is limited to 2.5 billion units. XAI coin serves many purposes, primarily for paying transaction fees.
XAI is a currency used for all network-based transactions, such as buying and selling in-game items in games. XAI holders have a say in the development of the network by voting on important proposals and decisions. Additionally, it rewards those who contribute to the network by running network nodes with XAI coins.
How to Buy XAI Coin?XAI coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. XAI coin was listed on Binance on January 9, 2024, and is available for trading in the pairs XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
To purchase XAI coin, you first need to register on the Binance exchange if you haven’t already. After completing the registration process, you need to transfer cryptocurrency or fiat currency like Turkish lira to your Binance account wallet. Once the transfer is complete, you can buy XAI coin in any of the six pairs mentioned above.
To make a purchase from the XAI/USDT trading pair on Binance, first go to the interface of this trading pair. Enter the desired amount in the specified area on the limit tab of the trading pair interface. After entering the amount, the purchase is completed with the Buy XAI 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.
Aethir recently announced a collaboration with Xai Games, in which they jointly launched a $10 million ecosystem grant to fund the development of AI-powered AAA gaming studios. This program is meant to attract gaming titles to both ecosystems and onboard millions of gamers.
Thrilled to announce our $10M Ecosystem Grant Program with @XAI_GAMES, aiming at bringing AI-powered AAA gaming titles and studios to the fold 🎮
This is just the beginning of empowering creators and gamers alike. Stay tuned for application details!
➡️ Follow @AethirEco to stay… https://t.co/LTGCY8LlGB
— Aethir (@AethirCloud) September 18, 2024 Aethir, known for its decentralized enterprise-grade GPU services, provides essential computing power to game developers worldwide. Through this grant, studios can access AI and Web3 technologies, enhancing gaming experiences and revolutionizing the industry.
Aethir’s Infrastructure Powering Innovation Aethir’s distributed cloud infrastructure is the only decentralized GPU-as-a-service platform catering to AI and gaming clients. With over 43,000 GPUs and an exclusive fleet of 3,000 NVIDIA H100s, Aethir ensures optimal service quality. Its unique edge technology allows enterprises to benefit from secure, scalable computing power at a fraction of the cost of centralized providers.
Xai Games Driving the Next Web3 Evolution Xai Games, built on Arbitrum, is a Layer-3 network designed to onboard billions of traditional gamers into the Web3 space without needing crypto wallets. This unique feature allows gamers to own and trade in-game items seamlessly.
By eliminating common entry barriers to Web3 gaming, Xai simplifies the process for gamers and developers. Its development tools enable studios to integrate tokenized assets and create in-game marketplaces, revolutionizing how games are monetized and experienced.
Aethir & Xai Collaborate for the Future of AI-Powered Gaming This partnership between Aethir and Xai represents a significant leap forward for the gaming industry. The $10M grant program will support AI-driven game development, enabling studios to bring their visions to life.
With Aethir’s decentralized GPU services and Xai’s tools for integrating Web3 features, this collaboration aims to transform how games are created and enjoyed, ultimately reshaping the future of gaming ecosystems. As the program launches, applications will soon open for developers eager to participate.
This joint effort marks the beginning of several grant programs that Aethir plans to roll out in the coming months. Each program aims to foster innovation and empower game developers. The two partners are positioned to drive significant AI-powered and Web3 gaming advancements by offering essential resources and support.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
The crypto market prepares for an alarming bearish wave as certain altcoins stand primed to face massive token unlocks in the coming week. As per latest data from the Token Unlocks App, Aptos (APT), EigenLayer (EIGEN), Optimism (OP), Neon (NEON), Cardano (ADA), Xai (XAI), Mode (MODE), Ethena (ENA), io.net (IO), Hashflow (HFT), Moonbeam (GLMR), Euler (EUL), Iinch (1INCH), and Forta (FORT) remain poised to face increased supply ahead. This supply surge has raised alarming concerns over the future price action of the abovementioned 14 tokens.
14 Crypto Set To Witness Token Unlocks Ahead Per Token Unlocks data, APT, EIGEN, OP, NEON, ADA, XAI, MODE, ENA, IO, HFT, GLMR, EUL, 1INCH, and FORT are set to witness a massive $213 million worth of token unlocks combined. As such, traders need to be wary of investing in these coins as they risk facing downward pressure once the token unlocks occur.
1. Aptos (APT) The crypto Aptos is set to face a cliff unlock of 11.31 million APT, worth $101.22 million, on October 11, the coming week. The massive unlock is equivalent to 2.25% of the coin’s circulating supply. This looming supply surge has raised severe concerns among market participants over the future price run of the token. However, APT price today rested at $8.95, up nearly 1% over the past day. Its intraday low and high were recorded as $8.76 and $9.29, respectively.
2. EigenLayer (EIGEN) The cryptocurrency EigenLayer readies for a cliff unlock of 9.93 million EIGEN, worth $33.67 million, as of October 8. The unlock is equivalent to 5.32% of the coin’s circulating supply, posing a risk to the price. Meanwhile, EIGEN price today traded at $3.39, down 0.59% in the past 24 hours. The coin’s intraday low and high were $3.32 and $3.70, respectively.
3. Optimism (OP) Optimism prepares for an unlock of 12.47 million OP, worth $20.33 million, as of October 10. This unlock is equal to 0.99% of the coin’s circulating supply. OP price today traded at $1.62, up over 4% in the past 24 hours. The coin’s intraday low and high were recorded as $1.54 and $1.63, respectively.
4. Neon (NEON) Simultaneously, data indicated that the crypto Neon is readying for an unlock of 53.91 million NEON, worth $19.66 million, on October 7. The unlock is equivalent to a whopping 93.43% of the total circulating supply, raising alarming concerns among investors. Nevertheless, NEON price today soared nearly 10% to $0.3652. The coin’s intraday low and high were $0.3323 and $0.3647, respectively.
5. Cardano (ADA) Cardano stands primed to witness an unlock of 37.06 million ADA, worth $13.11 million, on October 7. The unlock totals 0.10% of the crypto’s circulating supply. ADA price today gained roughly 1% to reach $0.354. Its 24-hour low and high were registered as $0.3489 and $0.3556, respectively.
6. Xai (XAI) Similarly, Xai stands strong to face an unlock of 35.88 million XAI, worth $7.62 million, on October 9 next week. The unlock totals 6.20% of the token’s circulating supply. XAI price pumped remarkably, nearly 13% in the last 24 hours to $0.212. The coin’s intraday low and high were recorded as $0.187 and $0.2131, respectively.
7. Mode (MODE) MODE is primed to experience an unlock of 500 million MODE, worth $5.64 million, on October 7. This unlock weighs equal to 38.46% of the coin’s circulating supply. MODE price traded at $0.01127 today, up marginally by 0.15% in the past 24 hours. The coin’s 24-hour low and high were registered as $0.01122 and $0.0113, respectively.
8. Ethena (ENA) The crypto Ethena readies for a cliff unlock of 12.86 million tokens, worth $3.87 million, as of October 9. The unlock totals 0.47% of the coin’s circulating supply. Besides, ENA price today gained over 4% to trade at $0.3005. The coin’s intraday low and high were recorded as $0.2844 and $0.3208, respectively.
9. io.net (IO) io.net is set to face a cliff and a linear unlock of 2.11 million and 767.12K IO, respectively, on October 11. The unlock, worth $5.20 million, is equivalent to 3.2% of the coin’s circulating supply. IO price today traded at $1.81, up nearly 6% in the past 24 hours. The coin’s intraday low and high were recorded as $1.67 and $1.84, respectively.
10. Hashflow (HFT) Hashflow remains poised to experience an unlock of 13.85 million HFT, with 13.62 million coins as cliff and 221.4K coins as liner unlocks, on October 7. The unlock reflects 3.04% of the crypto’s total circulating supply. HFT price today jumped over 5% to reach $0.1485. The coin’s 24-hour low and high were $0.1402 and $0.1495, respectively.
11. Euler (EUL) Euler readies for an unlock of 41.17K EUL in cliff and 27.29K EUL in linear, worth $208.79K, as of October 11. This unlock collectively is equivalent to 0.37% of the coin’s circulating supply. EUL price traded at $3.05 today, up nearly 1% in the past 24 hours. The crypto’s intraday low and high were registered as $3 and $3.07, respectively.
12. Moonbeam (GLMR) Moonbeam is standing strong to face the unlock of 3.04 million GLMR, worth $493.53K, on October 11. The unlock is worth 0.34% of the token’s circulating supply. GLMR price today spiked over 1% to trade at $0.162. The coin’s intraday low and high were recorded as $0.1584 and $0.1641, respectively.
13. 1inch (1INCH) 1inch is similarly primed to witness an unlock of 246.43K 1INCH, worth $63.79K, on October 10. This unlock is equivalent to a marginal 0.02% of the total circulating supply. 1INCH price today pumped over 2% to reach $0.2578. The coin’s intraday low and high were recorded as $0.2499 and $0.2608, respectively.
14. Forta (FORT) Forta is bracing for a linear unlock of 2.61 million FORT and a cliff unlock of 50K coins as of October 6. This unlock weighs equal to 0.57% of the coin’s circulating supply. FORT price today is down by 0.5% and is resting at $0.1152. The coin’s intraday low and peak were $0.1151 and $0.1192, respectively.
Altogether, token unlocks pose a severe threat to prices, abiding by the law of supply and demand as supply increases. Notably, the unlocks are a phenomenon where previously locked tokens are periodically released into the market.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major unlocks to watch next week.
EigenLayer (EIGEN) Unlock date: October 8 Number of tokens unlocked: 9.93 million EIGEN Current circulating supply: 186.58 million EIGEN Ethereum-based restaking protocol EigenLayer kicked off October by listing its EIGEN token on major exchanges. On October 8, the project will unlock nearly 10 million EIGEN, valued at $35.75 million as of this writing. These tokens will be allocated for future community initiatives, so the unlock is unlikely to impact the token’s price.
Read more: Ethereum Restaking: What Is it and How Does it Work?
EIGEN Unlock. Source: token.unlocksOptimism (OP) Unlock date: October 10 Number of tokens unlocked: 8 million OP Current circulating supply: 1.25 billion OP Optimism is a Layer-2 scaling solution designed to improve the speed and lower the costs of transactions on the Ethereum mainnet. The OP token plays a crucial role in governance, allowing holders to vote on proposals and decisions that shape the network’s development and management.
On October 10, Optimism will increase its circulating supply by 8 million OP. According to TokenUnlocks, the project will use these tokens for retroactive public goods funding.
Read more: Optimism vs. Arbitrum: Ethereum Layer-2 Rollups Compared
OP Unlock. Source: token.unlocksAptos (APT) Unlock date: October 11 Number of tokens unlocked: 11.31 million APT Current circulating supply: 502.84 million APT Aptos is a Layer-1 blockchain designed to provide a secure and scalable infrastructure for decentralized applications. With a focus on security and performance, it incorporates innovative technologies to enhance the blockchain experience.
Despite being one of the most successful blockchain projects in recent years, Aptos has faced criticism from the crypto community for its tokenomics, which are heavily influenced by venture capital.
A major portion of APT tokens remains locked. On October 11, the project will distribute 11.31 million APT tokens to community members, core contributors, and investors.
Read more: Where To Buy Aptos (APT): 5 Best Platforms for 2024
APT Unlock. Source: token.unlocksOther next-week cliff unlocks include Hashflow (HFT), Cardano (ADA), Ethena (ENA), Xai (XAI), and io.net (IO), with a total value exceeding $204 million. While many see token unlocks as bearish, a well-structured schedule can actually support a project’s long-term success. Tied to key milestones and development, unlocks can motivate the team, engage the community, and drive ecosystem growth.
Several leading Orbit chains including ApeChain and Xai are expected to Fast Withdrawals in the near future.
Arbitrum Orbit users can now withdraw their assets to the Ethereum mainnet in just 15 minutes.
On Oct. 24, Offchain Labs, the team behind Arbitrum, launched Fast Withdrawals for Orbit chains, offering 15-minute withdrawal finality for users. The service is also available to rollup-as-a-service (RaaS) providers leveraging Arbitrum’s infrastructure.
The feature eliminates the seven-day waiting period typically associated with optimistic rollups, such as the Arbitrum One network and Arbitrum Orbit chains. Arbitrum Orbit is a tech stack allowing developers to launch bespoke Layer 2 or Layer 3 networks that settle transactions on Arbitrum One or Ethereum.
“This is a game-changer for how people interact with blockchains, making transactions faster and more seamless, and bringing the experience closer to what people expect from traditional financial systems,” said Steven Goldfeder, CEO and co-founder of Offchain Labs.
Arbitrum Orbit is gaining popularity as a tech stack for networks hosting gamefi applications. Four of the top 10 Ethereum scaling solutions by daily throughput leverage Arbitrum Orbit, including Xai, PlayBlock, PoP Apex, and ApeChain, according to L2beat.
Fast WithdrawalsFast Withdrawal transactions are processed by a committee of validators. Should the validators unanimously agree on the transaction’s validity, the state changes associated with the transaction are immediately confirmed.
By contrast, optimistic rollups impose a seven-day delay on withdrawals to the Ethereum mainnet, allowing validators or users to identify and challenge fraudulent transactions.
Several Orbit chains have already committed to integrating support for Fast Withdrawals in the coming months, including ApeChain, Cheese, Nova, Sanko, and Xai. Prominent RaaS providers including Alchemy, Ankr, Caldera, and Gelato have also pledged to support the feature.
Offchain Labs emphasized the benefit Fast Withdrawals can unlock for throughput-intensive dApps, including web3 games and socialfi applications.
Stylus upgradeThe launch of Fast Withdrawals comes after Offchain Labs shipped Stylus, an upgrade to Arbitrum’s core Nitro stack, on Sept. 3.
Stylus allows developers to create applications using WebAssembly-compatible languages, including Rust, C, and C++. Previously, Arbitrum chains only supported Solidity, Ethereum's native programming language.
Stylus is supported by the Arbitrum One and Arbitrum Nova Layer 2 networks, in addition to the Orbit stack.
Arbitrum One is a general-purpose Layer 2 solution, while Arbitrum Nova is optimized for applications requiring a high volume of low-cost transactions, such as gaming and social protocols. Arbitrum One is the largest Layer 2 network with a total value locked (TVL) of $13.85 billion, according to L2beat.
George Town, Cayman Islands, November 14th, 2024, GamingWire
The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, today announced a strategic partnership with Foretold Studios, an indie game studio pioneering new possibilities in gaming through the combined power of AI and web3 technology. Foretold Studios is coming to Xai from Immutable X, bringing two upcoming titles from the fantasy Tollan Universe into Xai’s rapidly expanding gaming ecosystem–further solidifying Xai's position as the fastest-growing gaming network.
“After more than three years of development, we are excited to bring our flagship titles – Tollan Survivors and Tollan Worlds to the Xai network.” said Michael Kuvsshynov, CEO at Foretold Studios. “Xai’s focus on indie games, an understanding of our target audience's needs, as well as recent successful case studies make it the best place for our games.”
Tollan is a land of constant conflict, where the coveted yet dangerous magic fungus, Mycelium, holds the immense power desired by everyone. The human race, blending magic and technology, seeks to conquer and control Mycelium in a race against the savage Legion of Orcs that is attempting to unleash Mycelium’s dark side.
Tollan Survivors is a Co-op reverse bullet hell (also known as bullet heaven) Action Roguelite. It serves as a prequel to Tollan Worlds. Players join humans to defeat countless hordes of Orcs and seize the control of Tollan Peak.
Tollan Worlds is a “Diablo meets Hades” Action Roguelite RPG. An army of cursed creatures emerged from the depths of Tollan Peak and the whole continent is on the brink of a global conflict once again.
Players can try Tollan Worlds pre-alpha demo at: https://play.tollan.io/.
“We are excited to welcome two incredibly innovative titles that are pushing the boundaries of technology by focusing on user generated content, AI, ownership, and interoperable IP.” said Soby, Core Contributor to Xai. “Our teams are well aligned on providing rich gaming experiences with unique features that are often discussed yet rarely implemented; When pairing this with our super scalable network specifically optimized for gaming, it becomes a new frontier that we are excited to explore together.”
About Foretold Studios
Foretold Studios Team consists of gaming industry veterans who worked in companies such as Bandai Namco, Jam City, and CAPCOM and built such games and franchises as Resident Evil, Titan Quest, Children of Morta, Emberbane, Pacman Mobile, Need for Speed, and Upland. [...]. As well as Web3 Gaming professionals that worked with companies like Gitcoin. ETH Global, Merit Circle, Human Guild Foretold Studio is on a mission to create a new generation of media franchises centered around indie video games. Their goal is to redefine how video game Intellectual Properties are monetized and create a streamlined creator economy with web3 technology and AI-enabled User Generated Experiences.
About Xai Foundation
The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
About Xai Games
Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by owning a sentry key which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.
Ethereum layer-3 gaming network Xai is set to release “Tiny Sentry Keys” to lower the barrier for entry into its Sentry Key ecosystem, promising future benefits within the gaming ecosystem for buyers.
Xai's Sentry Keys are NFT-based licenses for nodes that are operated by network supporters, which can be staked to receive rewards. Already, the Xai Foundation claims, approximately $340 million worth of rewards and airdrops have been distributed through this scheme thus far—including the much-hyped XAI token airdrop earlier this year.
At the time of writing, according to ArbiScan, there are currently 6,447 Sentry Key holders. with this figure expected to grow with the launch of Tiny Sentry Keys. Regular Sentry Keys sell for 1.43 ETH ($5,520), but the Tiny Keys will sell for just 0.0143 ($55), significantly lowering the barrier for players to engage with NFT nodes.
An exact sale date will be announced on December 9. Xai representatives confirmed to Decrypt that with the reduced price of the Tiny Keys, holders will earn proportionally less rewards compared to regular Key holders. One network contributor likened the offering to the kind of battle pass seen in games like Fortnite, with unlockable rewards for players.
Introducing tiny Sentry Keys 🤏🔑
The keys that unlock an airdrop battle pass to the $XAI ecosystem.$XAI has distributed ~$340M in tokens this year.
Now, 12+ top tier projects have dedicated allocations for tiny and OG Sentry Key Holders.
With tiny Sentry Keys, we’re… pic.twitter.com/sMQN7flcUy
— XAI 🎮⛓️ (@XAI_GAMES) December 3, 2024
"Think of it as the ultimate battle pass, giving you access to rewards, airdrops, and perks across Xai's growing ecosystem," said the pseudonymous Soby, a core contributor to Xai. “We're creating a platform that’s accessible to everyone while delivering immense value to our community.”
Xai is a layer-3 blockchain built on top of the Ethereum layer-2 Arbitrum network. This means that Xai keeps Arbitrum’s key functionality, while tweaking various network elements to better cater to gaming projects.
As such, Xai has attracted game creators to launch on its chain. Game developer Ex Populus has committed its suite of games to Xai, Crypto Unicorns migrated from Polygon to the network earlier this year, and indie gaming curator The MIX said it plans to launch over 100 games on Xai.
With the sale of Tiny Sentry Keys, holders of regular Sentry Keys will be airdropped an additional 99 keys to make it 100. The Xai Foundation confirmed that over “12 top-tier games and ecosystem projects” are working with it to provide rewards for key holders.
On top of this, it’ll be easier than ever to purchase the Keys with the addition of a credit and debit card payment ramp via Crossmint, as well as the option to pay with XAI tokens—with other major tokens to be added to this list soon.
Edited by Andrew Hayward
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
George Town, Cayman Islands, December 10th, 2024, Chainwire
Xai Foundation, a core contributor to the growing blockchain gaming network Xai, today unveiled details of their “tiny” Sentry Key sale. Tiny Sentry Keys will become available to purchase Friday, December 13th at 6pm PST at sentry.xai.games for 0.0143 ETH (roughly ~$55).
Xai’s initial Sentry Key sale in December, 2023 raised over ~$45 million in ETH (USD Value). Since then, Xai has invested heavily into expanding its gaming ecosystem and is now home to 12 games and 2000+ projects in development. Many of these games have begun to announce commitments to airdrop back to the Xai Sentry Key holder community, who have already received ~$295 million (USD value) in network rewards and airdrops this year.
Xai Sentry Keys Updates
3 million Sentry Key airdrop to existing Sentry Key holders shortly before the sale date, increasing supply by 100x and maintaining proportional key holdings and network rewards throughout the existing community. The price of minting new Sentry Keys reduces from 1.43 ETH to 0.0143 ETH. Accessible Payment Options: XAI, esXAI, USDC, SOL, SUPER tokens will all be accepted as well as credit and debit card payments. “Think of it as an airdrop battle pass, giving you access to exclusive rewards, airdrops, and gaming events across Xai’s growing ecosystem,” said John Shipman, CEO of Xai Foundation. “At a price point of 0.0143 ETH, with payment flexibility and scaling rewards, we’re creating a platform that’s accessible to everyone while delivering immense value to our community. Tiny Sentry Keys are your gateway to the world’s fastest-growing blockchain gaming ecosystem.”
About Xai Games
With over a dozen high-quality games, including Riftstorm and Planet X, Xai boasts a growing gaming catalog. Xai’s blockchain network processes a high volume of transactions, surpassing other gaming networks, powered by 10 million connected wallets and 1.4 billion transactions since launching mainnet this year.
About Xai Foundation
The primary objective of the XAI Foundation is to foster the growth of developers and games within the XAI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
For more information about Tiny Sentry Keys, users can visit https://xai.games
[PRESS RELEASE – George Town, Cayman Islands, December 10th, 2024]
Xai Foundation, a core contributor to the growing blockchain gaming network Xai, today unveiled details of their “tiny” Sentry Key sale. Tiny Sentry Keys will become available to purchase Friday, December 13th at 6pm PST at sentry.xai.games for 0.0143 ETH (roughly ~$55).
Xai’s initial Sentry Key sale in December, 2023 raised over ~$45 million in ETH (USD Value). Since then, Xai has invested heavily into expanding its gaming ecosystem and is now home to 12 games and 2000+ projects in development. Many of these games have begun to announce commitments to airdrop back to the Xai Sentry Key holder community, who have already received ~$295 million (USD value) in network rewards and airdrops this year.
Xai Sentry Keys Updates
3 million Sentry Key airdrop to existing Sentry Key holders shortly before the sale date, increasing supply by 100x and maintaining proportional key holdings and network rewards throughout the existing community. The price of minting new Sentry Keys reduces from 1.43 ETH to 0.0143 ETH. Accessible Payment Options: XAI, esXAI, USDC, SOL, SUPER tokens will all be accepted as well as credit and debit card payments. “Think of it as an airdrop battle pass, giving you access to exclusive rewards, airdrops, and gaming events across Xai’s growing ecosystem,” said John Shipman, CEO of Xai Foundation. “At a price point of 0.0143 ETH, with payment flexibility and scaling rewards, we’re creating a platform that’s accessible to everyone while delivering immense value to our community. Tiny Sentry Keys are your gateway to the world’s fastest-growing blockchain gaming ecosystem.”
About Xai Games
With over a dozen high-quality games, including Riftstorm and Planet X, Xai boasts a growing gaming catalog. Xai’s blockchain network processes a high volume of transactions, surpassing other gaming networks, powered by 10 million connected wallets and 1.4 billion transactions since launching mainnet this year.
About Xai Foundation
The primary objective of the XAI Foundation is to foster the growth of developers and games within the XAI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.
For more information about Tiny Sentry Keys, users can visit https://xai.games
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Xai (XAI), the 43rd project on Binance Launchpool, is the first Layer 3 network developed on the Arbitrum network. In this article, we will delve into Xai, a standout Layer 3 network. Let’s explore what Xai is, where to buy XAI coin, and much more in this comprehensive guide listed on the cryptocurrency exchange Binance.
What is Xai?Xai is the 43rd project added to Binance’s massive cryptocurrency Launchpool. Developed on Arbitrum, the first Layer 3 network on Ethereum $1,663’s Layer 2 scaling solution, Xai is not merely a blockchain but a hub for various blockchain-based games.
Xai offers customers higher transaction speeds and lower costs while maintaining enhanced security and reliability through Ethereum’s robust foundation. Designed to simplify the acquisition and trading of in-game objects without the need for complex cryptocurrency wallets, Xai aims to bridge the traditional gaming industry with the Web3 world.
In this open and decentralized network, anyone can operate a node and receive rewards in the form of XAI coins, participating in ecosystem governance.
The native asset of the Xai network is XAI coin. XAI serves several key purposes, including transaction fee payments and governance. It is the currency used for all network-based transactions, such as purchasing and selling in-game items. XAI holders have a say in the network’s development by voting on significant proposals and decisions. Network participants running nodes are rewarded with XAI coins.
XAI coin can be securely traded on the leading cryptocurrency exchange Binance. It was listed on Binance on January 9, 2024, and is available for trading in the pairs XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
To purchase XAI coin, you must first register on the Binance exchange if you do not already have an account. After completing the registration process, fiat currency like USD or cryptocurrency must be transferred to your Binance wallet. Once the transfer is complete, you can purchase XAI coins from any of the six trading pairs mentioned above.
To buy via the XAI/USDT trading pair, navigate to its interface. Use the limit tab to input the desired purchase amount in the specified field. After entering the amount, complete the purchase by placing a “Buy XAI” 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.
xAI’s Grok will power real-time analysis for Kalshi’s event-based trading platform.Kalshi users will be able to bet on outcomes like Fed decisions and elections using regulated contracts.The move builds on xAI’s earlier deal with Polymarket and shows Grok expanding into multiple prediction markets.Elon Musk’s artificial intelligence startup xAI is partnering with regulated prediction market Kalshi to bring its chatbot Grok into the world of real-money event forecasting, the companies said Thursday.
The collaboration will allow Grok to analyze news, historical data and economic indicators in real time to support users trading on Kalshi’s federally regulated platform. Kalshi traders can place bets on specific outcomes of events like Federal Reserve interest rate decisions, Senate control, or monthly inflation figures — making Grok’s ability to summarize information quickly a potential edge.
“Kalshi and xAI are partnering to bring Grok to prediction markets. Two of the fastest growing companies in America are now on the same team,” xAI said in a post on X.
The deal brings together Musk’s latest AI venture, known for its irreverent chatbot Grok, and Kalshi, the only U.S.-regulated prediction market that offers tradable event contracts. While details of how Grok will be integrated weren’t disclosed, Bloomberg previously reported (and then retracted) in May that both companies are committing “significant engineering resources” to the project.
The announcement also adds complexity to xAI and Musk’s broader prediction market strategy.
Earlier this year, xAI and X named Polymarket — an unregulated crypto-based competitor to Kalshi — as their official prediction market partner. Now, with Kalshi and Polymarket effectively operating in parallel under Musk’s orbit, the market appears to be a testing ground for Grok’s AI capabilities across different regulatory frameworks.
Grok’s most recent version, Grok 4, was unveiled earlier this month, promising major upgrades in reasoning and information retrieval.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
On the chessboard, two visions of AI faced each other. Sam Altman, head of OpenAI, and Elon Musk, founder of xAI, crossed their models in a chess tournament organized by Google. For three days, OpenAI’s o3 and xAI’s Grok 4 competed without any specialized assistance. Much more than a simple exhibition match, the event turned into a revealing moment : behind the final score was the real gap between two artificial intelligences, and two strategies, which came to light.
In brief Sam Altman and Elon Musk faced off via AI in a chess tournament organized by Google. OpenAI’s o3 and xAI’s Grok 4 played without a chess engine or specialized training. OpenAI largely dominated the match, winning the final 4–0. The tournament revealed the current limits of generalist AIs facing strict rules. A one-sided final During the final held on August 7, OpenAI’s o3 model, which had been criticized a few days earlier in favor of GPT-5 that is already disappointing, inflicted a decisive 4–0 defeat on xAI’s Grok 4.
This tournament, called “Kaggle Game Arena AI Chess Exhibition”, prohibited any use of a chess engine or dedicated training, leaving the models to manage with their general knowledge gathered from the Internet.
From the first games, the difference was noticeable. Magnus Carlsen, world champion and event commentator, compared the two AIs to “a gifted child who doesn’t know how the pieces move”, estimating their level around 800 ELO, far from competitive standards.
Grok’s blunders multiplied throughout the final :
A free loss of important pieces, giving an immediate material advantage to OpenAI ; A failed “poisoned pawn”, with a poorly chosen target that immediately cost the capture of its queen ; Wasted solid positions in the middle game, with a series of incoherent moves ; Poor management of the initial advantage in the fourth game, allowing o3 to turn the situation around. Hikaru Nakamura, international grandmaster and event streamer, summed up the difference between the two opponents : “OpenAI didn’t make the mistakes Grok did”. He also praised o3’s spectacular comeback in the last game, where a bad start had predicted a possible victory for Elon Musk’s xAI Elon Musk.
The limits of generalist AIs exposed Beyond the score, the tournament revealed the structural difficulties of generalist AIs when confronted with a strict framework like chess. Many models were disqualified in the preliminary phase after attempting impossible actions : teleporting pieces, resurrecting captured units, illegal pawn moves.
Even in the final, understanding of the rules seemed fragile, alternating between brilliant moves and absurd decisions. As Carlsen pointed out, “these AIs know how to count captured pieces, but not how to conclude a winning game”.
This observation is not isolated. Earlier this year, international master Levy Rozman organized a similar tournament where language models accumulated illegal moves, even invoking missing pieces. Stockfish, a specialized AI, won the event hands down. These episodes show that, despite promises and claims about their versatility, language models remain far from mastering tasks requiring coherence and procedural rigor.
For Elon Musk, this defeat to Sam Altman, his second direct competition loss this year, comes at a bad time, as xAI has just raised $10 billion and seeks to position itself as a credible player in the race for general AI. However, for the whole sector, Google’s exhibition mostly reminds us that current large models excel at natural language processing, much less so in strict application of complex rules. AI may one day rival the best chess players… but that day, it will have also proven capable of reasoning well beyond black and white squares.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
In brief Ex Populus, creator of the Xai gaming blockchain, is suing Elon Musk’s xAI for trademark infringement, and asking a court to block its use of the “xAI” name in gaming and blockchain. The company says Musk’s expansion of xAI into gaming caused confusion with media, users, and even X's own AI chatbot Grok, which mistakenly linked the two ventures. Ex Populus argues Musk’s controversies, including Grok’s past offensive remarks, have severely damaged its brand. The creators of Xai, a layer-3 gaming blockchain built on Ethereum, have sued Elon Musk’s xAI for trademark infringement—and are asking a federal court to force the billionaire’s artificial intelligence company to change its name and branding in contexts related to video games and blockchain.
In November, Musk announced plans to start an AI video game studio within xAI, to “make games great again.” Ex Populus, the company behind gaming blockchain Xai, now claims that Musk’s announcement immediately created “substantial actual confusion” online between their established video game brand, Xai, and Musk’s xAI gaming venture.
Numerous news aggregators and commentators used the blockchain’s logo in announcements about Musk’s venture, the company’s attorneys claim, and many more internet users mistook the separate ventures to be related. What’s more, Grok—Musk’s AI chatbot—also confused the two separate entities, and told X users they were both controlled by Musk’s companies, the attorneys said.
In a complaint filed Thursday, Ex Populus asked a federal court in northern California to order Musk’s AI company to cease using any words or symbols likely to cause confusion with Xai’s registered trademark, in the contexts of video gaming and blockchain.
It also requested punitive damages and all profits reaped by Musk’s companies for the alleged infringement.
Ex Populus’ attorneys repeatedly argued in their complaint that Musk’s company has not only consistently infringed on their copyright since last year—but, further, that the particular notoriety and controversy associated with the world’s richest man have made the alleged infringement particularly damaging to their brand.
Ex Populus took legal action today to protect the Xai brand. With increased confusion around Elon Musk’s AI company (@xai), it’s a big responsibility to safeguard the brand that the community trusts. You can read more details at https://t.co/ce8Aw9hNCZ
— XAI 🎮⛓️ (@XAI_GAMES) August 22, 2025
“Musk and defendants’ xAI company routinely receive substantive negative media attention that is now being attributed to plaintiff’s XAI trademark,” the attorneys wrote.
The lawyers made particular note of a controversy that erupted last month when Musk’s AI bot, Grok, referred to itself as “MechaHitler” for a brief period and made antisemitic, racist, and sexually violent comments across the X platform.
“Plaintiff losing control over its goodwill is irreparable harm sufficient to support an injunction to cease defendants’ use of the infringing xAI marks,” Ex Populus’ attorneys said, “but to be associated with Nazism, hate speech, and violence exacerbates the harm exponentially.”
Ex Populus said in a statement that Musk’s attorneys reached out to them recently about trademark issues, and that, now, the company feels it has no option but to fight back “or risk losing [the trademark] altogether.”
“This case isn’t just about Ex Populus or Xai,” the company said. “It speaks to something bigger: the right of smaller innovators to build without having their identity swallowed by tech giants.”
Musk’s xAI did not immediately respond to Decrypt’s request for comment on this story.
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PANews reported on August 24th that according to Cointelegraph, the Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk's artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The lawsuit, filed Thursday in the Northern District Court of California, accuses Musk's xAI of causing widespread market confusion and damaging Xai's brand.
Ex Populus, the Delaware corporation behind Xai, said it has been using the XAI trademark in U.S. commerce since June 2023, including through its blockchain gaming ecosystem and $XAI token. “This is a classic case of trademark infringement that requires court intervention to correct,” the company said.
According to the lawsuit, Ex Populus operates the Xai Ecosystem, which includes a blockchain network designed specifically for video games and digital transactions, providing infrastructure to support game logic, AI-driven decision-making, rewards, and data management across multiple applications.
Ethereum-based gaming platform Xai has taken legal action against Elon Musk’s AI startup xAI, accusing it of trademark infringement and brand damage.
Ex Populus, the studio operating the blockchain-powered gaming platform Xai, has filed a lawsuit against Elon Musk’s AI venture xAI. The complaint, submitted to the U.S. District Court for the Northern District of California, alleges that Musk’s company is infringing on Xai’s established trademark and causing significant market confusion.
The lawsuit points out that Xai has been using its name and token XAI since June 2023, while Musk introduced his company just a month later in July 2023. According to Ex Populus, this timeline makes it clear that the brand existed before xAI and should be protected.
How Confusion Spread Across the Market Ex Populus says that confusion between the two brands escalated as Musk expanded his company’s presence. The tension grew further when xAI announced plans in November 2024 to launch a gaming studio, a move that put both companies in overlapping sectors.
The lawsuit provides examples of mix-ups. Some users on Binance and other crypto platforms mistakenly assumed that Musk’s company and Xai were the same. Several media outlets even used Xai’s official logo while reporting on xAI news.
The issue was not limited to logos or headlines. Grok, the AI chatbot developed by Musk’s company, allegedly told users that Xai was part of xAI. Ex Populus argues that such mistakes strengthened the public belief that both entities were connected.
Reputational Harm Linked to Musk’s Public Image Beyond confusion, Ex Populus claims that association with Musk’s firm has damaged its reputation. The lawsuit refers to offensive content generated by Grok, including antisemitic and violent statements, which some users wrongly attributed to Xai.
The company stated that this unwanted connection has undermined its credibility within the gaming community. It argues that years of effort spent building trust with users and partners have been eroded, causing “irreparable harm” to its brand value.
Trademark Battles and Legal Pressure The lawsuit further alleges that Musk’s legal team attempted to pressure Ex Populus into abandoning its rights. Lawyers for Musk’s company allegedly threatened to challenge or cancel Xai’s trademark registration.
So far, the U.S. Patent and Trademark Office (USPTO) has taken a cautious stance. Multiple trademark applications filed by Musk’s xAI have been suspended because of potential conflict with Xai’s earlier registration. This gives weight to Ex Populus’ claim that its rights were established first.
What Ex Populus Demands in Court Through this lawsuit, Ex Populus is petitioning the court to impose strict measures. It wants Musk’s company barred from using the xAI name in gaming and blockchain contexts. It also seeks the cancellation of pending trademark applications filed by Musk’s team.
Finally, Ex Populus is requesting financial compensation for the reputational and economic damage it claims to have suffered. The company argues that unless these steps are taken, confusion will persist and continue to harm its business, especially as Musk expands further into gaming.
Market Performance Amid Legal Fight Alongside the lawsuit, Xai’s token has also faced financial setbacks. The cryptocurrency XAI is currently trading nearly 97% below its all-time high of $1.60, which it reached on March 11, 2024. This steep decline highlights the challenges the company is encountering as it attempts to protect its brand identity.
As of press time, the token is trading at $0.04953, marking a 3.85% decline over the last 24 hours.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
A mobile strategy gaming altcoin backed by top global crypto exchange Binance is skyrocketing after launching an airdrop campaign earlier this week, as well as several major listings on top crypto exchanges.
MAVIA, the native token of the Heroes of Mavia web3 game, was listed on the crypto exchanges ByBit, KuCoin, HTX Global, and MEXC earlier this week.
[adinserter block="1"]
The game utilizes non-fungible tokens (NFTs) and has players sustain armies to battle for control of bases.
According to a recent article published by the group, Heroes of Mavia’s distinctive Pioneer Airdrop Program – which is slated to span across numerous seasons – will cause the ecosystem to grow.
“The Pioneer Airdrop Program is a unique airdrop system, divided into multiple seasons spanning over time to continue growing the Mavia player base and ecosystem.
Each season of the Mavia Pioneer Airdrop program will consist of different ‘quests’ and tasks which reward participants in various ways, such as MAVIA tokens, Ruby, Legendary Items, Sapphire and more!”
According to Heroes of Mavia, about 3.5% of the token’s total supply will be used for airdrops during its token generation event (TGE).
“The initial circulating supply at TGE will be 12% (30 million MAVIA). The total Airdrop allocation will make up roughly 30% of the initial circulating supply (3.5% total, 2% for Land stakers/holders and 1% for CEX exchange airdrop activities).”
However, the developers also note that even if one didn’t stake land in the game previously, they will still receive an airdrop.
“The Season 1 Pioneer Program portal will be live in the next week. If you staked Land during Season 2, 3 or 4, you will be able to view your pending MAVIA airdrop rewards via this portal.
If you are a new holder and did not stake land, you will still be eligible for an Airdrop! The rewards will be calculated for holders closer to TGE, so keep an eye on the portal.”
MAVIA is trading for $5.58 at time of writing, a 43.4% increase during the last 24 hours.
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In a thread on X (formerly Twitter), the popular crypto analyst known as cyclop (@nobrainflip) delivered a bold forecast to his substantial following of 394,000. He proclaimed, “We are close to the biggest altseason in history. Everyone will make x50-x100 on their entire portfolio. $5k portfolio will be around $250k-$500k in 2025. All you need is to buy the right lowcaps.”
This assertion hinges on a strategic selection of low market capitalization cryptocurrencies, which, according to Cyclop, are poised for an exponential surge in value. Cyclop elucidates his strategy by detailing the liquidity flow typically observed during a bull market phase, a sequential process starting with Bitcoin (BTC) and cascading down to meme coins.
He explains, “Here is a typical bull run liquidity flow: 1: BTC pump 2: ETH pump 3: High cap alts pump 4: Low caps pump 5: Memecoin pump.” Importantly, he highlights that high cap memecoins have already experienced their growth phase, suggesting that “lowcap/lowcap memecoins – next” are primed for significant value appreciation.
Within this framework, Cyclop underscores the potential for staggering returns without the necessity for professional day trading expertise. “It’s cause each coin has its maximum, and if its MC is already high, it’s not so far away. But when the market cap is almost at zero, the potential is enormous,” he advises, promoting a hands-off investment strategy focused on the ‘right’ coins.
Crypto Watchlist: Top-10 Lowcap Coins Cyclop’s watchlist is a selection of ten recently launched projects with low market caps and, in his view, substantial growth potential:
#1 Wolf Wif (BALLZ): A meme coin that took the Solana blockchain by storm, achieving a $75 million market cap within a day of its launch. Despite a subsequent correction, Cyclop views this as an optimal entry point, confidently stating, “I’m holding my BALLZ tight.”
#2 Entangle (NGL): Positioned as a potential leading messaging infrastructure for the Web3 space, Entangle aims to enhance liquidity within the ecosystem. It offers secure, flexible, and interoperable solutions for blockchain data communication, positioning itself as a critical infrastructure for dApps and builders.
#3 StarHeroes (STAR): This esports-centric, multiplayer third-person space shooter game is making waves with its dynamic and competitive gameplay. Cyclop sees this as a revolutionary blend of gaming and blockchain technology, offering intense gaming emotions and a new avenue for esports within the crypto realm.
#4 Heroes of Mavia (MAVIA): A blockchain strategy game that allows players to build bases, engage in battles for cryptocurrency rewards, and form partnerships with landowners. Cyclop highlights its potential in the play-to-earn space, marking it as a standout project.
#5 VoluMint (VMINT): This project introduces a decentralized, AI-driven market-making service, aiming to redefine market-making in the era of blockchain. Cyclop is bullish on its ability to unlock the potential of crypto projects, emphasizing its innovative approach.
#6 SatoshiVM (SAVM): As a decentralized Bitcoin ZK Rollup Layer 2 solution, SatoshiVM bridges the gap between Bitcoin and Ethereum’s EVM, using BTC as gas. This project aims to combine the value and security of Bitcoin with the programmability of Ethereum, creating a powerful ecosystem for decentralized applications. Cyclop notes, “SAVM’s unique positioning as a bridge between BTC and EVM ecosystems presents a groundbreaking opportunity for growth.”
#7 Graphlinq Chain (GLQ): Offering a no-code interface for automating blockchain tasks, Graphlinq Chain simplifies the creation and deployment of blockchain automations. Its suite of tools, including an IDE, App, Engine, and Marketplace, is designed to make blockchain automation accessible to a wider audience. “GraphLinq Protocol demystifies blockchain automation, paving the way for innovative applications and efficiencies,” Cyclop remarks.
#8 zKML (ZKML): This project addresses the pressing need for privacy in digital transactions and communications. By combining zero-knowledge proofs, homomorphic encryption, and multi-party computation (MPC), zKML offers a secure and private framework for blockchain interactions. “ZKML’s focus on privacy-enhancing technologies is timely and critical, offering a secure haven for digital transactions,” observes Cyclop.
#9 Monai (MONAI): Monai stands out for its development of uncensored generative AI tools, integrated with its blockchain, Monad. It features an advanced, unrestricted Large Language Model as its flagship product, aiming to revolutionize the way we interact with AI. “Monai’s pioneering approach to generative AI within the blockchain space is a game-changer, offering unparalleled possibilities,” Cyclop asserts.
#10 EMC Protocol (EMC): Dedicated to AI applications, EMC Protocol is a blockchain network that includes a computing power consensus mechanism. It aims to facilitate the execution of AI tasks within a decentralized framework, including validator, smart router, and computing power nodes. “EMC’s innovative approach to integrating AI and blockchain could redefine the landscape of decentralized applications,” Cyclop concludes.
At press time, cyclop’s top pick – BALLZ – traded at $0.04231, down almost 50% from its alltime-high.
BALLZ price, 2-hour chart | Source: BALLZUSDT on TradingView.com Featured image from Shutterstock, chart from TradingView.com
Mobile strategy game Heroes of Mavia has reworked its token unlock schedule in an attempt to slow its inflating supply, less than three months after the Ethereum-based token initially launched.
After the announcement late Thursday, the MAVIA token jumped 21% before crashing even lower than it had fallen before the news came out. MAVIA is down to $3.72, as of this writing, falling nearly 9% over the last day.
Heroes of Mavia’s token has now plunged 65% from its all-time high price of $10.59, which was set two months ago, soon after the early February launch. The game's original plan was to increase its circulating supply from 12% to 24% of the total from February 2024 to 2025. However, this latest move will see the circulating supply stay under 14% until the end of that window.
Until February 2025, the planned “private sale,” “gameplay rewards,” and “community & ecosystem” allocations will be cut by 80% overall. On top of this, the team and advisor allocations will be delayed until the same date.
The price of MAVIA started climbing soon after the blog post was published, and then jumped 10% within a half out after the game tweeted out the news to its 457,000 followers. Then MAVIA holders started dumping their tokens, it appears, prompting a sudden dip in price that continued to widen over the following hours, erasing the initial gains.
Heroes of Mavia is an iOS and Android game that takes obvious inspiration from Clash of Clans. While Skrice Studios, the creator of Heroes of Mavia, has released a token, airdropped it to 100,000 players, and previously sold NFT land plots, none of this is reflected in the gameplay thus far.
The countdown to the Ruby Marketplace release starts now!
On May 5th, Mavia’s most anticipated update arrives.
New Skins, Color Schemes, Statues, Land Decorations and Consumables are going live as tradeable Legendary Items for RUBY. pic.twitter.com/3vmPlOeGQB
— Heroes of Mavia (@MaviaGame) April 5, 2024
Right now, it would be very easy to play the game without knowing it's a crypto game, but there are upcoming plans to release an in-game marketplace for buying and trading NFT items—using the Ethereum layer-2 scaling network Base.
Edited by Andrew Hayward
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In the cryptocurrency ecosystem, one of the data points closely monitored by investors is token unlock events. According to the Token Unlocks data analysis platform, token unlocks worth $36.2 million will occur over the next seven days. Tomorrow, the local token of Heroes of Mavia, developed by Skrice Studios, will have its token unlock event, which is drawing significant attention.
Final Hours for MAVIAAccording to data shared by the Token Unlocks platform, token unlock events worth $36.2 million are scheduled for next week, marking some of the lowest token unlock activities recently. Among these unlocks, the token unlock event for MAVIA, the local token of Heroes of Mavia developed by Skrice Studios, is particularly noteworthy.
The event, happening tomorrow at 03:00, will involve a quantity of tokens representing 24.29% of MAVIA’s total supply, with a market value of $30.79 million. With just hours left until the event, investors are keenly following the process, and at the time of writing, MAVIA tokens were trading at $4.02.
MAVIA Chart AnalysisThe two-hour MAVIA chart shows a rising trend line that has been providing significant clues to investors for the last two weeks. Following the recent support touch, MAVIA’s price managing to stay above the EMA 200 (red line) suggests a positive long-term outlook.
The most important support levels on the two-hour MAVIA chart are, respectively, $3.96, $3.80, and $3.65. Particularly, a two-hour bar closing below the $3.80 level, which intersects with the EMA 200 average, could create selling pressure on the MAVIA front.
The most critical resistance levels to monitor on the MAVIA chart are, respectively, $4.05, $4.26, and $4.47. Especially, a two-hour bar closing above the $4.26 level, a significant barrier during the recent upward momentum, could accelerate MAVIA’s price gain.
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.
Heroes of Mavia launched its Ruby Markeplace to allow in-game trading. This in-game marketplace is available in the newer versions of its app on iOS and Android. A web-based marketplace with $MAVIA integration will be launched in the next stage. Earlier this week, Heroes of Mavia launched its Ruby Marketplace, making it easier for players to trade in-game items and mint new cosmetics. The marketplace has now been rolled out to iOS and Android users, and can be accessed from within the new version of the app.
The first mint of the Ruby Marketplace has been started!
Thousands of Legendary Items were minted. (Prices for many items up 10x from mint).
Due to heavy demand, some users experienced delays or bugs, the team is working on updates to fix any issues.
How many Legendary Items… pic.twitter.com/oHecFZLSS5
— Heroes of Mavia (@MaviaGame) May 5, 2024 If you’re not aware what Heroes of Mavia is, it’s a blockchain-game that takes heavy inspiration from Clash of Clans. It is backed by prominent names in the crypto space including Crypto.com and Binance.
Trading and Minting NFTs This in-game marketplace gives players the opportunity to mint and trade NFTs corresponding to in-game items using the $RUBY token. While this marketplace is currently only available within its app on mobile devices, Skrice Studios has mentioned its plans to further expand it in the future.
A sneek-peek into the Ruby Marketplace (Source: Heroes of Mavia X account) The marketplace follows the same style as traditional NFT platforms such as OpenSea, and MagicEden. As in, the marketplace is quite intuitive and easy to navigate for players who are familiar with these platforms. After a purchase, players can freely trade the items in the community.
How to access the Ruby Marketplace by Heroes of Mavia? You can access the Ruby marketplace by clicking on the marketplace icon in the bottom left corner of your screen. This icon should become available as soon as you update your app on iOS and Android.
Accessing the Ruby Marketplace (Source: Heroes of Mavia Medium) While there won’t be any gas fees for trading NFTs on this marketplace, a Ruby trading fee of 5% will apply to every trade. This amount gets burned in the process to adjust the Ruby economy. After purchasing an item, players can start using it in-game right away.
Soon, the Web Marketplace will also roll out with $MAVIA integration. However, that will happen after a few collections have been dropped in the mobile marketplace. It is being released in stages for operational security and to recognize + fix any potential bugs.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.
Shummas Humayun
Shummas is a former technical content writer and a researcher.
Mobile game Heroes of Mavia, a crypto-tinged Clash of Clans clone on iOS and Android, announced this weekend that it’s entering “Phase 2: Next Frontier,” which aims to integrate the MAVIA token into its gameplay loop with a set of new features.
Elements of the crypto integration will be released gradually over the next four months, and creator Skrice Studios claims that most features have been developed and are currently being tested before full launch. By the end of the phase, the project aims to have created a sustainable token economy and ecosystem.
The MAVIA token launched on Ethereum back in February, with Skrice airdropping it to 100,000 players along with holders of some 10,000 Ethereum NFT in-game land plots. But until this point, the token had no function in-game.
Mavia Phase 2: Next Frontier begins rollout today! Ⓜ️♦️
Phase 2 introduces critical components to the Mavia ecosystem, including integration of the $MAVIA token into the Marketplace, an on/off-chain Ruby explorer, additional game modes and much more!
Let's dive into Phase 2! 🧵 pic.twitter.com/vkfybKd25S
— Heroes of Mavia (@MaviaGame) June 15, 2024
A web marketplace is set to launch that will allow players and speculators to trade legendary item NFTs for MAVIA tokens. This comes after the game launched the Ruby Marketplace in May which allowed users to trade items with RUBY, Heroes of Mavia’s off-chain, in-game currency.
Despite RUBY not being a cryptocurrency, in order to keep within Apple’s App Store guidelines, it does mimic crypto behavior. In turn, every RUBY transaction is traceable by using the soon-to-launch block explorer Ruby Scan. This will work just like any other block explorer, letting you look up addresses and see all of its transactions—of both RUBY and MAVIA, in this case.
Through the upcoming Ruby Swap Tool, users will be able to convert their in-game RUBY into MAVIA crypto tokens, at a rate that fluctuates with the market. Overall, there will be 10 new features coming in Phase 2 including an NFT and token bridge, MAVIA staking pools, and a new PvP game mode.
This comes after what appears to have been a successful launch phase for the Clash of Clans-inspired touchscreen strategy game. According to the team, Heroes of Mavia attracted over 4 million downloads across iOS and Android, saw an average daily active user base of 74,000, and dispersed over 275 million RUBY earned in-game.
Even amid the news, however, the MAVIA token has continued its downward trajectory. It’s down 8% on the day to $2.17, per CoinGecko, marking a 21% dip over the past week and 34% over the last 30 days. MAVIA is now plunged nearly 80% from its all-time high price of $10.57 set in February.
Edited by Andrew Hayward
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Crypto exchange behemoth Binance notified users on Friday that it plans to delist specific crypto trading pairs shortly ahead. Notably, the digital asset trading platform eyes delisting Heroes of Mavia, OMG Network, and BarnBridge (BOND) USD-Margined perpetual contracts. In turn, traders and investors anticipate a negative impact on these tokens’ prices.
Binance Announces Plans To Delist MAVIA, OMG, & BOND Futures Contracts In an official Binance announcement dated December 6, the crypto exchange revealed that it will delist MAVIAUSDT, OMGUSDT, and BONDUSDT perpetual contracts on December 16 at 09:00 UTC. Further, the announcement notified users that the firm’s future trading division would close all positions and conduct an automatic settlement for the abovementioned pairs.
Meanwhile, users were urged not to close or open any positions prior to the delisting time to avoid the automatic settlement process. Moreover, the platform’s colossal user base is not permitted to open new positions for these perpetual contracts starting December 16 at 08:30 UTC. Further, at 09:00 UTC on the same date, the trading platform’s Funding Rate Arbitrage Bot will also end all arbitrage strategies and conduct an automatic settlement for these assets.
Overall, the leading crypto exchange revealed that this mover comes to “protect users and prevent potential risks in extremely volatile market conditions.” While this modified offering provides users with a safe trading experience, token delisting chronicles usually negatively impact prices.
How Are The Tokens Performing? At press time, BOND price crashed nearly 10% intraday and is currently resting at $1.58. The token’s 24-hour low and high were $1.54 and $1.77, respectively.
Similarly, OMG price plunged roughly 5% to reach $0.5781. Its 24-hour low and peak were $0.5522 and $0.6164, respectively.
Lastly, MAVIA price cracked 10% intraday and is currently sitting at $1.94. The coin’s 24-hour low and high were $1.92 and $2.27, respectively. Overall, the tokens’ slumping action falls in line with Binance’s plans to delist perpetual contracts for these assets.
Simultaneously, it’s also worth noting that the same crypto trading platform also delisted several BTC margin trading pairs recently, sparking similar price dip concerns. These delisted margin pairs included Band Protocol, Gitcoin, Highstreet, and Perpetual Protocol, among many others.
Also, the crypto trading platform discontinued support for the NOT/BNB and RDNT/BTC trading pairs recently, sparking bearish market sentiments. Nevertheless, the Richard Teng-led firm continues to stand strong on its statement, revealing that the delisting process comes only to benefit users.
In This Article 1. Axie Infinity is Not For Everybody2. Many Blockchain Video Games Have Failed3. People Are Still Quitting Their Jobs for Axie InfinityBottom Line Axie Infinity (AXS) exploded in 2021 as one of the most popular crypto blockchain game investments of the year. In crypto, anything is possible. Even a cute indie video game can outperform blue-chip crypto like Ethereum and Bitcoin.
However, as GameFi titles Heroes of Mavia and Star Atlas surge ahead, the question lingers: has Axie Infinity lost its edge? Here are three things to consider before investing in Axie Infinity.
1. Axie Infinity is Not For Everybody Axie Infinity isn’t like Call of Duty or Fortnite. It’s best described as Pokémon meets Tamagotchi.
The main purpose of Axie Infinity is to raise adorable tiny creatures called “Axies” and train them to do battle against other Axies. The game allows players to breed, raise, battle, and even trade Axies on the marketplace.
(Rarible) While Pokémon-type games have had success in the past, Axie Infinity’s biggest selling point is playing to earn cryptocurrency.
There’s a whole economy within the game (a world called Lunacia). Every facet of the game allows players to earn in-game tokens which can be used to buy land, farm, or breed Axies or convert your earnings to fiat. Who knew you could pay your rent by playing video games?
2. Many Blockchain Video Games Have Failed
Blockchain technology should make gaming more fun by overcoming traditional technology barriers like centralized studio control and microtransactions. However, what most crypto video games get wrong is they rely heavily on the blockchain aspect as their USP instead of making a fun game first and foremost.
Axie Infinity has done a good job flipping the narrative in this regard.
While Axie Infinity isn’t the only play-to-earn crypto video game, it is one of the most fun to play. It currently runs on PCs or mobile phones, and there’s even a lovable Discord community that helps new players out. In 2020, Axie had around 30,000 users, and now it has ballooned to 382,081 monthly users proving it’s still very popular.
3. People Are Still Quitting Their Jobs for Axie Infinity Axie Infinity is currently a fan favorite in poorer countries hit by the pandemic, such as Brazil, India, and Mexico. Overall, you can earn a tidy income in Axie Infinity.
On average, users collect between 4000 and 5000 of the in-game currency—Smooth Love Potion and AXS—a month. In July 2021, that was around $1,500.
14% of the GDP in the Philippines was done by @AxieInfinity. Everyone went from working their shitty job to playing Axie Infinity as they were earning the native token $AXS.
Play to earn games are just getting started. I’m bidding $CAH#BILLYORBUST pic.twitter.com/herVlEMIlg
— Rogers Crypto (@rogerscrypt0) October 30, 2024
However, you do need to buy into the game by purchasing three Axies to play. At the time of writing, this will cost around $100.
The AXS crypto also serves as a governance token on the platform or a share, giving you voting rights on how the game is run in the future.
Bottom Line Axie Infinity stubbornly refuses to disappear, standing apart from the waves of temporary GameFi fads. What it lacks in technical polish, it makes up for with a dedicated community and the opportunity for solid earnings. Hundreds of dollars a month isn’t out of reach for most players, and for the lucky ones, the potential climbs much higher.
If you want to invest in a crypto video game then Axie Infinity is still a project to keep on your radar.
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Key Takeaways AXS exploded in 2021 as one of the most popular blockchain crypto game investments of the year. What it lacks in technical polish, it makes up for with a dedicated community and the opportunity for solid earnings. #Altcoin News Today
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Web3 game Heroes of Mavia (MAVIA) has gone nuclear, surging 78% in a single day and positioning itself back onto the crypto radar. From a mere $0.11 over the weekend to a solid $0.6632, the gaming token has clawed back a sense of relevance, busting through resistance to hit its highest point in weeks.
The real question now is whether this rally has legs or if it’s just another fleeting pump. Let’s take a look.
(MAVIAUSDT) What’s Fueling the MAVIA Pump? At its core, Heroes of Mavia crypto is a Clash of Clans clone, but the team is very active, and web3 game always pull insane numbers toward the end of a bull run.
The game, developed by Skrice Studios, is a Web3 strategy MMO where players build and defend bases while competing for resources like Gold, Oil, and Ruby. This in-game ecosystem is deeply tied to its native token, MAVIA, which had experienced a prolonged downtrend prior to this rally.
Heroes of Mavia $MAVIA is up 385% the past 7 days
WHAT IS HAPPENING!? pic.twitter.com/96evpUFaLa
— Jesus Martinez (@JesusMartinezEZ) March 17, 2025
Recently, developers pushed out overdue updates designed to ease the grind of resource collection, a move that’s playing well with its frustrated fanbase. For a game left bruised by poor reviews and waning interest, this effort to reconnect with players couldn’t have come at a better time.
At the same time, MAVIA has turned into a playground for traders. Trading volume spiked 107%, surging to $136.96 million, while open interest skyrocketed from $430,000 to $17.12 million overnight. A brutal short squeeze fueled much of the hype. With 51% of positions betting on a price drop, MAVIA blasted past resistance levels, forcing shorts to cover.
New Features Aim to Rebuild Trust Frustrated gamers and a dwindling user base pushed Heroes of Mavia from a peak of hype in 2021 to earning just a 3.3-star rating on Google Play. However, the latest updates could represent a turning point.
One standout feature is the improved Ruby marketplace for in-game NFTs, including Land, Hero, and Statue upgrades. Additionally, a recent social media revival—including the launch of an intern-managed account—has amplified the buzz surrounding MAVIA and its underlying ecosystem.
GM! Day 2 intern—where’s my desk?! pic.twitter.com/ULeo5jWyDf
— Heroes of Mavia (@MaviaGame) March 18, 2025
Despite the optimism surrounding MAVIA’s price action, the rally carries risks. High leverage in MAVIA positions and a move into negative funding rates (-2%) indicate a possible sharp reversal. 99Bitcoin’s analysts warn that such explosive gains, particularly in a market where sentiment can quickly shift, may see the gaming token to face significant selling pressure soon.
Heroes of Mavia Token Price Prediction Looking ahead, the MAVIA token’s future hinges on sustained developer efforts and market momentum. For MAVIA to avoid another prolonged downtrend, the game must deliver on its promise of engaging gameplay and create a more accessible ecosystem for players and traders alike.
A crypto Clash of Clans might not be enough.
If MAVIA breaks key resistance levels, including its intraday high of $0.7129, the token could target higher prices in the $0.90–$1.00 range. However, significant risks remain. Without continued buying pressure and enhanced liquidity, MAVIA may struggle to hold its ground, and a retracement to $0.35–$0.40 could be on the cards.
It could be the start of something big, or it could fizzle under the weight of its own momentum. Only time will sort that out.
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Key Takeaways Web3 gaming token Heroes of Mavia (MAVIA) has gone nuclear, surging 78% in a single day and positioning itself back onto the crypto radar. MAVIA crypto game could have started something big, or it could fizzle under the weight of its own momentum. Only time will sort that out. #Altcoin News Today
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Heroes of Mavia, a blockchain-based mobile strategy game that launched in early 2024, has seen the price of its token surge over the last week ahead of teased upgrades and expansion plans from creator Skrice Studios.
The MAVIA token on Ethereum has spiked by 430% over the last week, according to data from CoinGecko, reaching a current price of $0.61. It's the largest gainer by far in CoinGecko's Gaming (GameFi) category during that span.
Granted, the token's price had plunged substantially over the last year since it launched in February 2024. MAVIA peaked at a price of $10.59 just a couple weeks after it launched, then lost significant value over the following months, dipping to an all-time low under a penny just last week.
Even after the latest spike, MAVIA remains down 94% from its peak.
What's driving the surge isn't obvious, as Skrice hasn't made substantial moves around the Clash of Clans-like mobile game since the price started to take off on Sunday. However, the team did make several announcements closer to the start of the month.
In a thread on X (formerly Twitter), the official game account noted plans to create a "GameLink" hub to bring together crypto games across various platforms and blockchain ecosystems, along with various game enhancements and plans to launch "six flagship games"—including an "optimized and balanced" version of Heroes of Mavia.
6. Team Reorganization
To support these ambitious goals, we’re reorganizing the Mavia core team. These changes will streamline operations, improve collaboration, and ensure we deliver on our promises to you. Rest assured, our focus remains on the project’s success and the…
— Heroes of Mavia (@MaviaGame) March 3, 2025
The changes included "reorganizing the core team," including moves to "streamline operations" and "improve collaboration."
MAVIA trading has surged since the price climb, rising from under $2 million on Saturday to a current rolling 24-hour mark of $100 million. The token has a current market cap of $32.1 million, making it the 863rd most valuable cryptocurrency by that metric.
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Today’s data from Phoenix Group highlighted top cryptocurrencies that are making waves, gaining popularity, and trending hard on CMC. These upcoming tokens are sparking interest among crypto enthusiasts, investors, and traders as stated below.
Top 10 crypto trending assets on CMC Voxies (VOXEL) Voxies (VOXEL) took the lead as the most trending cryptocurrency in the CMC marketplace. It recorded a tremendous price growth of 71.6% over the past week. The RPG play-to-earn game is trending due to its recent launch of a reward program that offers users rewards for their gameplay participation. The reward program, which started April 8 to April 15, has been resonating with players who increasingly participate in the platform.
Highstreet (HIGH) Highstreet (HIGH) scooped the second position with a price growth of 33.8% over the week. HIGH coin, a play-to-earn MMORPG game, is trending on CMC due to its unique use cases. It is gaining popularity because of its open-source metaverse world that allows anyone to play games and earn rewards. The HIGH coin is a necessary asset because users utilize it to interact with in-game activities, such as competitions, special events, and many others, to earn tokens, and increase their ranking. Users even use it to participate in staking within the platform.
Heroes of Mavia (MAVIA) The third on the list is Heroes of Mavia (MAVIA), a play-to-earn game that allows players to develop their territories and troops to fight one another and resolve obstacles, earning crypto in the process. The platform has been trending in the recent weeks and its MAVIA token seeing increased popularity. The platform recently launched new gaming features that resolved previous complaints like unfair mechanisms that disappointed players.
Core (CORE) Core (CORE) settled on the fourth position. Of late, it has witnessed an impressive growth, currently trading at $0.6984, up 28.0% over the past week. This rise suggests strong platform adoption among traders and investors. CORE, a Bitcoin staking network, continues to gain popularity as users take advantage of the platform to stake their Bitcoin while retaining full control of the assets.
Luce (LUCE) Luce (LUCE), a Solana-based meme coin, took the fifth place. Its market performance has been promising as savvy investors see strong growth opportunity in the meme coin. LUCE has been trending recently, an indication of substantial increase in user interest, trading activity, and confidence in the platform.
Others Also as highlighted in this data, other crypto trending coins that have community power include Official Trump (TRUMP), Wax (WAXP), Alpaca Finance (ALPACA), Aleo (ALEO), and Alien Worlds (TLM).
In short, users are flocking to these top trending assets not just for their impressive price growth but for unique offerings they hold. They have demonstrated that engagement and financial grwoth go hand in hand with unique utility.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
Heroes of Mavia is a mobile multiplayer strategy game that combines base-building, tactical combat, and real earning opportunities through the MAVIA token and Ruby currency on the Base blockchain. Built by Skrice Studios and backed by major investors like Binance Labs (now Yzi Labs) and Animoca Brands, this Web3 game offers both free-to-play accessibility and play-to-earn mechanics through NFT ownership, high-quality 3D visuals, and genuine utility for digital assets. When Heroes of Mavia launched globally on January 31, 2024, it brought something different to the blockchain gaming world. This isn't just another crypto game trying to force tokens into gameplay. Instead, Skrice Studios built a legitimate strategy experience that happens to use Web3 technology.
The mobile multiplayer game combines base-building, tactical combat, and army management in ways that feel familiar to strategy fans. What makes it stand out? Players can earn real value through the MAVIA token and Ruby currency while enjoying high-quality 3D visuals that rival traditional mobile games. With backing from Binance Labs (now Yzi Labs), Genblock Capital, and Animoca Brands, the project has serious credentials behind it.
How Skrice Studios Built Something DifferentThe team at Skrice Studios had a clear mission: create a game that works for traditional players while unlocking Web3 benefits. They didn't want to build another "blockchain game" that felt clunky or forced. Instead, they focused on delivering quality first.
Their choice of Base blockchain wasn't random. This Ethereum layer-2 solution offers enhanced scalability and reduced transaction costs while maintaining security. For players, this means true ownership of in-game assets without the high fees that plague other blockchain games.
Before launch, the Mavia Land Settler Program let early supporters secure virtual land NFTs. This move did more than generate early revenue—it created a invested community ready to help the game succeed. Drawing inspiration from Clash of Clans, the team built familiar mechanics while adding economic opportunities that traditional games can't match.
The Game That Actually WorksBuilding Your Empire on MaviaAt its core, Heroes of Mavia is about smart resource management and strategic thinking. Players construct bases on the fantasy island of Mavia while juggling three key resources. Gold and Oil handle the basics—building upgrades and army training. Ruby, however, connects directly to real earnings.
Your headquarters serves as mission control. As it levels up, new buildings and upgrades become available. But here's where strategy matters: defensive placement can make or break your resource protection. Players quickly learn that balancing offense with solid defenses isn't optional—it's survival.
Combat That CountsAssembling the right army mix separates winners from losers. Land troops, vehicles, and air units each serve specific purposes in raids against rival bases. Victory brings more than bragging rights—it delivers Ruby earnings that translate to real value.
The social elements add depth beyond solo play. Real-time spectating lets you watch teammates in action, while battle replays help everyone learn from both victories and defeats. These features transform individual competition into community learning.
Ruby Battles: Competitive WageringRuby Battles introduce a high-stakes competitive mode where players can earn Ruby beyond daily caps. This skill-based system matches players against identical "Ghost Bases" using the same randomly selected units, creating pure strategy competitions.
Players choose their stakes—50 or 250 Ruby tiers—and compete for the highest score based on stars earned, destruction percentage, and attack efficiency. The winner takes the combined pot minus a 2% burn fee, while the loser forfeits their entry. With no cooldowns or daily limits, Ruby Battles provide unlimited earning potential for skilled players willing to risk their accumulated Ruby.
Two Ways to PlayHeroes of Mavia doesn't force blockchain interaction on everyone. Free-to-play users get full access to core mechanics without touching a wallet or understanding NFTs. They can build, battle, and progress just like any traditional mobile strategy game.
Land NFT owners, however, unlock additional benefits. Higher Ruby earnings, whitelist access for special events, and tournament entry opportunities reward those ready to engage with Web3 features. This dual approach means the game can attract mobile gamers while offering enhanced experiences for crypto participants.
The Economics Behind the FunUtility of MAVIA TokenThe MAVIA token runs deeper than typical gaming currencies. While players earn Ruby through battles and challenges, MAVIA serves as the governance backbone and marketplace currency. Token holders don't just play—they help shape the game's future through proposals and voting.
Want to trade NFTs in the Mavia Marketplace? You'll need MAVIA tokens. Looking to access premium features? Same story. This creates genuine utility beyond speculation, connecting token value to actual game usage.
Role of Ruby and SapphireRuby is earned through battles and used to craft or upgrade NFTs, making it key to progression. Sapphire offers a shortcut for impatient players, speeding up building processes without breaking game balance. The multi-currency design provides flexibility while maintaining economic integrity.
NFTs That Actually MatterMost blockchain games treat NFTs like expensive trading cards—pretty to look at, but useless for gameplay. Heroes of Mavia takes a different approach. Every NFT category provides concrete benefits that affect your strategy and success:
Land NFTs grant base ownership and unlock the full play-to-earn experience. Without one, you're playing a free mobile game. With one, you're running a business.Hero NFTs assist in combat operations, both attacking and defending your interests. These can be upgraded using Ruby for enhanced tactical advantages.Statue NFTs work behind the scenes, boosting resource production, reducing troop training times, and cutting building cooldowns for long-term strategic value.The upgrade system adds another layer. Players can improve their NFTs using Ruby, creating additional ways to spend earned currency while strengthening their strategic position. This creates genuine utility rather than purely cosmetic benefits.
What Makes Heroes of Mavia Stand OutSeveral features separate Heroes of Mavia from the crowded blockchain gaming field:
Seamless Web3 integration through Base blockchain infrastructure delivers low transaction fees and fast confirmations, removing common barriers to blockchain gaming adoption.Production quality that rivals traditional mobile games, with exceptional 3D art and visual effects that maintain consistent performance across devices.Community governance where MAVIA token holders influence game development through DAO voting and participate in strategic decision-making.Comprehensive marketplace ecosystem enabling seamless trading of both major NFTs and cosmetic items with multiple currency options and revenue-sharing mechanisms.Market InfrastructureMavia MarketplaceThe Mavia Marketplace serves as the comprehensive trading platform for Heroes of Mavia's entire NFT economy. The marketplace handles all asset categories including Land, Hero, and Statue NFTs alongside cosmetic items like skins, decorations, and consumables. Players can buy, sell, or lease assets with transparent statistics and real-time pricing.
The platform features multiple trading currencies - MAVIA tokens for major NFTs and Ruby for cosmetic items. Land NFT owners can generate passive income through the leasing system, while players who reach HQ Level 4 can access the full range of marketplace features including the cosmetic items section.
The marketplace charges different fees depending on the transaction type: a 2.5% fee redistributed to liquidity providers for major NFT trades, and a 5% Ruby fee that gets burned for cosmetic item transactions. This dual-fee structure helps manage both the MAVIA token economy and Ruby circulation while providing seamless trading experiences across all item categories.
Tokenomics StructureThe tokenomics design emphasizes long-term sustainability. Vesting schedules extend up to six years for the team, advisors, and pre-sale investors, ensuring alignment with community interests. The extended vesting periods reduce selling pressure and support price stability.
Key Token Metrics:
Total Supply: 250M MAVIA tokensMaximum Supply: 256.98M MAVIA tokensCirculating Supply: 111.93M MAVIA tokens (43.6% of total supply)The token distribution includes allocations for community rewards, development funding, and ecosystem growth. The Pioneer Airdrop Program distributed 7.5 million MAVIA tokens to NFT holders and community members, demonstrating the team's commitment to rewarding early supporters.
Trading and Exchange AvailabilityMAVIA tokens are widely available across the cryptocurrency exchange ecosystem, with trading pairs listed on over 50 platforms. Major centralized exchanges include Bybit, Bitget, MEXC, Gate, KuCoin, and HTX, providing substantial liquidity with daily trading volumes typically exceeding $400,000 across platforms.
The token trades primarily against USDT pairs, with some exchanges offering WETH and EUR trading options. This broad exchange support reflects strong institutional confidence and provides multiple entry points for both retail and institutional investors looking to participate in the Heroes of Mavia ecosystem.
Development RoadmapPast AchievementsSince launch, Heroes of Mavia has hit several major milestones. The global rollout proceeded smoothly, followed by the MAVIA token generation event and marketplace launch. The Pioneer Airdrop Program distributed 7.5 million MAVIA tokens to early supporters, while requested features like battle replays and revenge attack mechanics were successfully implemented.
What's Coming NextThe development team has outlined clear priorities for continued growth:
Mavia Arena will introduce competitive tournaments with prize pools, adding skill-based competition and spectator entertainment value.Expanded blockchain features including new NFT categories and enhanced marketplace capabilities to deepen the economic system.User growth initiatives through the Creator Code Program, social media campaigns, and partnerships with other blockchain projects.Gameplay improvements addressing player feedback on base-building mechanics, resource management balance, and defensive battle replays.Global and local leaderboards will receive enhancements to support competitive play, while Mavia League Tournaments provide structured competition with clear progression paths for ambitious players.
Platform PresenceThe Heroes of Mavia community maintains active presence across multiple platforms including Discord, X (formerly Twitter), YouTube, and TikTok. The official X account regularly shares development updates, milestone celebrations, and community highlights.
Community engagement extends beyond social media through in-game alliances and collaborative strategies. The Mavia Land Settler Program created early connections between players that continue to influence game dynamics.
Feedback IntegrationPlayer feedback from Reddit, app stores, and community channels directly influences development priorities. The team has addressed concerns about resource management, upgrade costs, and defensive capabilities through targeted updates.
The community's bullish sentiment on platforms like CoinGecko reflects optimism about the game's future. This positive outlook supports token value and attracts new players to the ecosystem.
Content CreationThe Creator Program has generated substantial user-created content including tutorials, strategy guides, and promotional materials. This organic content creation reduces marketing costs while providing valuable resources for new players.
Community-created content often provides perspectives and strategies that official channels might miss. This diversity of viewpoints enriches the overall player experience and builds stronger community connections.
Technical Challenges and SolutionsResource Management BalanceSome players have expressed concerns about resource loss during attacks and the high cost of headquarters upgrades. These feedback points highlight the challenge of balancing competitive gameplay with player retention.
Skrice Studios has responded by implementing gradual adjustments to resource mechanics and upgrade costs. The approach prioritizes data-driven decisions over dramatic changes that might disrupt established player strategies.
Technical PerformanceMaintaining consistent performance across diverse mobile devices while integrating blockchain functionality presents ongoing technical challenges. Regular updates address performance issues and compatibility problems while balancing visual quality with accessibility.
Market Position and CompetitionMarket DifferentiationHeroes of Mavia competes through high production values, genuine NFT utility, and seamless Web3 integration. Base blockchain selection provides advantages over games on congested or expensive networks through superior user experience.
The game's appeal to traditional mobile gamers represents a significant competitive advantage, as many blockchain games struggle beyond crypto-native audiences, limiting growth potential.
Heroes of Mavia's approach prioritizes genuine gameplay value before introducing blockchain elements, creating broader appeal and supporting sustainable growth rather than speculation-driven adoption.
Investment SupportBacking from Binance Labs (now Yzi Labs) and Animoca Brands provides credibility and resources for continued development, indicating confidence in the team's execution capability. This financial foundation supports long-term development and provides stability during market volatility.
Economic Impact and OpportunitiesPlay-to-Earn MechanicsThe Ruby earning system provides immediate economic feedback for successful gameplay. Players convert strategic skills into real-world value through consistent performance and smart resource management. The economic model ties rewards to genuine gameplay value, supporting long-term economic health rather than unsustainable token emissions.
Investment OpportunitiesLand NFTs represent the most significant investment opportunity, providing ongoing Ruby generation and exclusive feature access. Hero and Statue NFT upgradeability using Ruby creates economic sinks and progression paths, supporting NFT value appreciation while maintaining player engagement.
The Mavia Marketplace enables price discovery for all NFT categories. The leasing system provides additional liquidity and income opportunities for NFT holders while improving accessibility. The 2.5% marketplace fee redistribution to liquidity providers incentivizes active trading and supports market health.
Future OutlookDevelopment ExpansionContinued technical development focuses on expanding blockchain functionality while maintaining performance and accessibility. The planned Mavia Arena represents significant expansion of competitive gameplay through tournament systems with prize pools, attracting skilled players while providing spectator entertainment.
Heroes of Mavia is positioned to become a flagship title within the ambitious Nexira DAEP (Digital Asset Exchange Platform) ecosystem. The 2025 roadmap outlines a comprehensive expansion plan:
Q1 2025: MAVIA Marketplace & Exchange (MPEX) launch with full market-making operations and Nexira DAEP development.Q2 2025: Phased migration to Nexira DAEP with Ruby 1.0 to Ruby 2.0 currency swap and rigorous testing protocols.Q3 2025: Nexira Beta release featuring five flagship games fully integrated with cross-game functionality.Q4 2025: Official DAEP launch with global rollout, advanced features, and complete cross-game asset interoperability.This cross-game functionality could revolutionize how players invest in and utilize their digital assets, with AI-driven features enabling seamless asset transfers across multiple gaming experiences.
2025 roadmap (Mavia’s X account)Growth StrategyThe Creator Code Program and social media campaigns aim to expand beyond crypto-native audiences. Success in attracting traditional gamers will determine long-term growth potential. Partnerships with other blockchain projects provide cross-pollination opportunities and expanded reach.
International expansion opportunities exist in markets with growing mobile gaming adoption and increasing crypto awareness. The game's technical foundation supports scaling while maintaining core gameplay experience across platforms and regions.
ConclusionHeroes of Mavia demonstrates how blockchain technology can enhance traditional gaming experiences without compromising quality or accessibility. Skrice Studios has created a product that succeeds as both a strategy game and a Web3 application, setting new standards for the blockchain gaming sector.
The combination of high-quality 3D visuals, strategic gameplay depth, and genuine economic opportunities creates compelling value for both traditional gamers and crypto enthusiasts. The MAVIA token and Ruby currency systems provide clear economic incentives while maintaining game balance and sustainability.
The active community engagement, responsive development team, and ambitious roadmap suggest strong potential for continued growth and innovation. As the blockchain gaming sector matures, Heroes of Mavia appears well-positioned to capture market share and establish lasting success.
For players seeking strategic depth combined with economic opportunity, Heroes of Mavia offers a compelling entry point into Web3 gaming. The game's technical excellence, community focus, and sustainable economic model create a foundation for long-term engagement and value creation.
Visit mavia.com for complete game details and download links. Follow @MaviaGame on X for the latest updates and community news.
SourcesHeroes of Mavia Official WebsiteMavia Marketplace - NexiraHeroes of Mavia on CoinGecko@MaviaGame Official TwitterMavia Documentation
The crypto market will witness a supply injection of $113.02 million next week as projects like Arbitrum (ARB), Apecoin (APE), Echelon Prime (PRIME) and Ethena (ENA) will witness cliff unlocks.
Arbitrum and Apecoin lead crypto cliff unlocks Cliff unlocks from key projects will see the crypto market experience a supply hike of over $113 million next week, per Token Unlocks data.
Cliff unlocks are the periodic release of vested tokens to investors, team members, community members or other key stakeholders. Prices tend to decline if the unlocked supply is high and demand fails to catch up.
Cliff Unlocks
Arbitrum will lead next week's cliff unlock with a release of 2.65% of its circulating supply worth $48.01 million. The high unlocks of Arbitrum in the past months have heavily affected holders, as over 95% of addresses are holding ARB at a loss, per IntoTheBlock's data. Notably, only less than 2% of holders are in profit.
ARB Global In/Out of the Money
Space ID (ID) follows ARB, unlocking 18.23% of its circulating supply worth $26.93 million.
Next is APE, which will unlock 2.31% of its supply worth $11.47 million. Almost similar to ARB, only 3% of APE holders are seeing gains at current prices, with over 94% of addresses holding their tokens at a loss.
APE Global In/Out of the Money
ENA will witness only a $3.11 million unlock. Despite the tiny hike in its supply next week, ENA has been experiencing such unlocks almost every week in the past few months. Hence, the cumulative effect could have a telling impact on holders. According to IntoTheBlock's data, only 3 ENA holders, representing 0.01% of total addresses, are in profit at current prices. A slight decline could result in every ENA address holding a loss.
ENA Global In/Out of the Money
Other tokens set for new supply unlock next week include LISTA, PIXEL and PRIME, which will release tokens worth $8.44 million, $7.29 million and $5.87 million, respectively.
Meanwhile, Solana (SOL), Worldcoin (WLD) and Avalanche (AVAX) will continue adding $10.41 million, $8.14 million and $2.50 million worth of linear unlocks, respectively, per day.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major unlocks to watch next week.
Arbitrum (ARB) Unlock date: September 16 Number of tokens unlocked: 92.65 million ARB Current circulating supply: 3.49 billion ARB Arbitrum, developed by Offchain Labs, is one of the most popular Layer-2 solutions for Ethereum. The mainnet launched in August 2021, with investments from Lightspeed Venture Partners, Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research, entrepreneur Mark Cuban, and cryptocurrency exchange Coinbase.
Next week, Arbitrum will unlock over 90 billion ARB, currently valued at approximately $49.87 million. The team, advisors, and investors will receive these tokens.
Read more: How to Buy Arbitrum (ARB) and Everything You Need to Know
ARB Unlock. Source: token.unlocksApeCoin (APE) Unlock date: September 17 Number of tokens unlocked: 15.60 million APE Current circulating supply: 674.64 million APE ApeCoin is the native token of Yuga Labs’ Ape ecosystem, which includes the popular Bored Ape Yacht Club (BAYC) NFT collection. On September 17, the project will unlock over 15 million tokens and distribute them among the treasury, founders, team, and contributors.
Typically, APE experiences a price drop following large unlocks. Investors and traders should pay attention to this event, as it could seriously impact the token’s dynamics.
Read more: Bored Ape Yacht Club Explained: What Is BAYC?
APE Unlock. Source: token.unlocksSpace ID (ID) Unlock date: September 22 Number of tokens unlocked: 78.49 million ID Current circulating supply: 430.50 million ID Space ID is a universal decentralized identity protocol that connects people, assets, and dApps across various blockchains. It allows users to use a single domain name to represent their identity across different applications and networks.
On August 22, the project will unlock almost 80 million ID tokens and allocate them between the Space ID Foundation, ecosystem fund, team, advisors, community, and several sale rounds participants.
Read more: Decentralized Identity and the Future of Web3: What To Know
ID Unlock. Source: token.unlocksOther next-week cliff unlocks include Echelon Prime (PRIME), Pixel (PIXEL), Lista DAO (LISTA), and Astar Network (ASTR), with a total value exceeding $116 million. While many see token unlocks as bearish, a well-structured schedule can actually support a project’s long-term success. Tied to key milestones and development, unlocks can motivate the team, engage the community, and drive ecosystem growth.
The cryptocurrency market is buzzing with opportunities as new and existing tokens showcase remarkable potential. With cutting-edge technology, unique utilities, and strong market interest, projects like Lightchain AI (LCAI), AVA (AVA), and Echelon Prime (PRIME) are emerging as the top picks for savvy investors. Here’s why these tokens are making waves and why they might be your next big investment.
AVA (AVA) 55% Surge in Just One Day Travala’s native cryptocurrency, AVA, recently experienced a significant surge, with its price increasing by 55% in a single day.
This remarkable growth is attributed to several factors, including strategic partnerships and increased adoption of Travala’s blockchain-based travel booking platform.
The platform’s integration of cryptocurrency payments has attracted a broader user base, enhancing AVA’s utility and demand. Additionally, positive market sentiment and increased investor interest in the travel and cryptocurrency sectors have contributed to this upward trend. However, such rapid price movements can also lead to increased volatility, and investors should exercise caution.
As of January 6, 2025, AVA is trading at $1.40, reflecting a slight decrease of 1.41% from the previous close. The intraday high reached $1.52, while the low was $1.39, indicating ongoing market fluctuations.
Lightchain AI 1000X Contender Lightchain AI (LCAI) has quickly become a standout in the market due to its revolutionary integration of artificial intelligence with blockchain technology.
Currently in its presale stage, Lightchain AI has raised over $9.1 million, with tokens priced at $0.004875. This phenomenal interest is driven by the project’s ability to support decentralized AI applications and its robust tokenomics.
Lightchain AI’s unique features, such as its Artificial Intelligence Virtual Machine (AIVM) and decentralized governance model, make it a trailblazer in the crypto space.
Analysts suggest that early investors could experience returns of up to 1000X, especially as the platform gains adoption across industries. With its strong focus on scalability and privacy, Lightchain AI is a must-watch for those looking to capitalize on the next big trend.
Echelon Prime (PRIME) Rising Star in Blockchain Gaming Echelon Prime (PRIME) is quickly establishing itself as a prominent force in blockchain gaming. As the native token of the Echelon Prime Foundation, PRIME supports a Web3 ecosystem focused on delivering next-generation gaming experiences. The ecosystem’s flagship title, Parallel TCG, is a science fiction-themed trading card game leveraging blockchain technology to provide players with true digital ownership of in-game assets.
In addition to its role in gaming, PRIME serves as a governance mechanism within the ecosystem, enabling token holders to actively participate in shaping the platform’s development. The Echelon Prime Foundation also offers resources designed to drive innovation in emerging gaming models and economies, fostering a collaborative, community-driven approach to game creation.
As of January 6, 2025, PRIME is valued at $17.23, marking a 3.73% increase from the previous close. Intraday trading reached a high of $18.02 and a low of $15.92, reflecting growing investor interest in blockchain-powered gaming platforms.
https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
PANews reported on December 4 that Coinbase Markets announced the addition of Beam (BEAM) to its asset listing roadmap and disclosed its Ethereum network ERC-20 contract address.
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