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Pope Francis and Apple CEO Tim Cook Meet Again in Italy

Speaking to students in Naples, Cook reiterated his excitement about what the future holds when it comes to Artificial Intelligence (AI).The head of the Roman Catholic Church, Pope Francis, and Tim Cook, the Chief Executive Officer of American multinational tech giant Apple Inc (NASDAQ: AAPL) met in Italy for the second time. According to a report by the Catholic News Agency, the meeting took place today, after Cook has spent a few days on his visit to Italy.There is a somewhat divergent significance to the meeting as it took place on the eve of the feast day of the pope’s namesake, St. Francis of Assisi — known for embracing radical poverty. Tim Cook and the organization he represents are not known to have any form of association with poverty. Apple is the most valuable publicly listed company in the world, and prior to the current economic meltdown, the company’s market capitalization topped $3 trillion in June, setting a new world record.The meeting between the Pope and Cook has shown emphasis that technology has its place in contributing to the broader evolution of religion. While the two personalities talked privately and the details of their chat were not made known, the meeting was symbolic of the fact that the Pope is not completely against the use of cellphones as he has often advised people to focus on personal communication in the past.“Free yourself from the addiction to mobile phones,” he told young people in 2019. “When you become a slave to your mobile phone, you lose your freedom.”Apple CEO Tim Cook and the Future of Article IntelligenceThe visit of Tim Cook to Italy will not be complete unless reference is given to the honorary degree he was awarded by the University of Naples Federico II. The award came after Cook inaugurated the first Apple Developer Academy in Europe in Naples.Speaking to students in Naples, Cook reiterated his excitement about what the future holds when it comes to Artificial Intelligence (AI). Cook said by design, AI is billed to touch every aspect of our lives.“I’m super excited about augmented reality. … So I think that if you, and this will happen clearly not too long from now, if you look back at a point in time, you know, zoom out to the future and look back, you’ll wonder how you led your life without augmented reality,” he said.As far as the Pope is concerned, AI is not bad in itself, provided it will be a technology that will not work against people over time.It is hard to find the balance in this regard as every technology can be exploited by bad actors as we have seen with cryptocurrencies which some use for money laundering as alleged by regulators around the world. To meet the Pope’s wish, proper global regulations will also have to be put in place to guide all builders in the AI ecosystem. Artificial Intelligence, Business News, Mobile, News, Technology News Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Thank you!You have successfully joined our subscriber list.

How Snowfallprotocol.io (SNW) Compares to Polygon (MATIC) and Ripple (XRP)

Place/Date: – October 3rd, 2022 at 1:33 pm UTC · 3 min read Source: Snowfallprotocol Photo: SnowfallprotocolPolygon (MATIC) is a Layer-Two scaling solution for Ethereum that uses side chains to offer high throughput and low transaction fees. Polygon claims to be able to process 60,000 transactions per second (TPS).Ripple (XRP) on the other hand, is a payments network that uses its own cryptocurrency, XRP, to provide liquidity and settle cross-border payments. Ripple (XRP) is capable of handling 1500 transactions per second. So How Does Snowfallprotocol.io (SNW) Compare?Well, Snowfallprotocol.io (SNW) is a multi-chain interoperability protocol that helps connect users to their favourite decentralised applications by facilitating secure asset transfer and cross-chain transactions between blockchains.This is a special feature that neither Polygon (MATIC) nor Ripple (XRP) offers. By allowing assets to be swapped across different blockchains, Snowfallprotocol.io (SNW) is unlocking the technical barriers that come along with Polygon (MATIC) and Ripple (XRP).Ripple (XRP) is also focused on cross-border payments, but Polygon (MATIC) is focused on scaling Ethereum. Snowfallprotocol.io (SNW), on the other hand, is focused on connecting users to their favourite decentralised applications. Snowfallprotocol.io’s (SNW) unique focus gives it a competitive advantage that neither Polygon (MATIC) nor Ripple (XRP) can match.High-Yields & Decentralized InteroperabilityOne of the most exciting things about Snowfallprotocol.io (SNW) is that it offers high yields on your assets. When you stake liquidity pair tokens from any liquidity pool, you can earn up to 242% APY return on any added liquidity. This is a much higher yield than what Polygon (MATIC) or Ripple (XRP) can offer.On top of that, Snowfallprotocol.io’s (SNW) decentralized interoperability solution is unlocking technical barriers for Polygon (MATIC) and Ripple (XRP). No longer will crypto users have to suffer from centralized disconnected systems that offer little to no De-Fi benefits.Final ThoughtsSnowfallprotocol.io (SNW) is an interesting protocol with many use cases. The frustration of being locked into a single blockchain is a thing of the past with Snowfallprotocol.io (SNW). Other blockchains might have captured the attention of the crypto industry but as more innovative and useful protocols like Snowfallprotocol.io (SNW) come to light, these conditions will likely change.Imagine a world where we can interact with our favorite De-Fi applications, and swap crypto assets and NFTs in a user-friendly manner. By taking out the headaches that the current system offers, Snowfallprotocol.io (SNW) is leading the way in innovation and could soon become a top-tier blockchain project. Only time will tell, but this ICO project is one to keep your eyes on.For more information about Snowfallprotocol.io’s (SNW) visit: Website, Presale, Telegram, Twitter. Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release. Created with Sketch. Subscribe to our telegram channel. Join

Tencent Considers Majority Deals in Overseas Gaming Companies

At the moment, Chinese tech giants are exploring ways to evade regulatory pressures in their home country.After seeing significant declines in its home business, multinational conglomerate company Tencent is seeking to acquire overseas gaming companies. The company is the world’s largest game vendor, with large investments in more than 800 companies. It boasts of significant investments in Riot (100%), Supercell (84%), Grinding Gear Games (80%), Epic Games (40%), Ubisoft (5%), and Activision-Blizzard (5%).Tencent Seeks Investments in Overseas Gaming CompaniesCiting familiar individuals with the acquisition matter, Reuters noted that Tencent is “aggressively seeking” to own majority stakes in more gaming companies overseas. The multinational company is resetting its M&A strategy to focus on international gaming firms, especially in Europe. Notably, Tencent is shifting to overseas gaming assets amid scrutiny by Chinese regulators. The technology and entertainment company has found itself under China’s regulatory eyes for operations and monopoly in its home country. Now, Tencent is relying on its overseas gaming assets for its future growth. The company confirmed that it is looking for innovative firms and talented management teams. It is evident Tencent is ready to take the bull by its horn with its overseas gaming assets acquisition. The company increased its stake in video game company Ubisoft last month. Citing a press release, Coinspeaker reported that the company acquired a 49.9% stake in Guillemot Brothers Limited, which is Ubisoft’s largest shareholder. Notably, Tencent previously had a 4.5% stake in Ubisoft. The deal is worth €300 million, including a €200 million share acquisition and a €100 million capital raise. Ubisoft CEO Yves Guillemot acknowledged that “Tencent is a key shareholder partner for many of the industry’s leaders who have created some of the most outstanding video games.”Chinese Tech Firms Battle with Regulatory CrackdownAt the moment, Chinese tech giants are exploring ways to evade regulatory pressures in their home country. The crackdown has been going on for about two years and has impacted sales and led to massive stock selloffs. According to Tencent, the company has been investing abroad even before the regulatory crackdown.Furthermore, a source told Reuters that Tencent is looking to snap up global assets related to Metaverse. The firm’s chief strategy officer, James Mitchell, spoke about the acquisition shift in a post-earnings call in August. Mitchell said the company would continue to acquire new game studios outside its home country.“In terms of the game business, our strategy is … to focus on developing our capabilities especially in the international market. We will continue to be very active in terms of acquiring new game studios outside China.”In September, Tencent Music Entertainment Group announced that the proposed secondary listing of its Class A shares would begin to trade on the Main Board of the Stock Exchange of Hong Kong by way of introduction. Business News, Deals News, Gaming News, News, Technology News Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience.
Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides. Thank you!You have successfully joined our subscriber list.

Tornado Cash Monthly Active Users Dropped 50% Following OFAC Sanctions

The sanction of Tornado Cash was, however, met with an extreme rebuff from industry participants, as many argue that sanctioning a piece of code was unhealthy for the growth of the tech world.The once goto cryptocurrency mixing service provider Tornado Cash has been largely deserted following the sanctions placed on it by the United States Treasury Department back in August. Current onchain data as seen on Dune Analytics has shown that both the user count and the transaction volume have plummeted as users feared the impact of infringing on the government’s position about the mixing tool.According to the Dune Analytics data, the total number of Tornado Cash users dropped from 2,600 as of the end of July to less than 1,300 in the succeeding month. The drop in count accounts for as much as a 52% drop. Withdrawals of funds from the Tornado Cash protocol have also been accelerated across the board with weekly deposits and withdrawals as of the last week of September coming in at $3.6 million and $5 million.When the sanctions were announced, many individuals who has cash stashed on the protocol rushed to withdraw them, just in time before every network provider blocked access to the mixing service with funds locked therein.The massive plunge in user count and transactions also indicates that the majority of Tornado Cash users are from regions where the US Treasury Department has a major influence.Advocacy Against the Tornado Cash SanctionsThe Office of Foreign Assets and Control (OFAC), a division of the US Treasury Department is known for the crackdown on related crypto mixing service providers, having sanctioned Blender.io for alleged ties to the North Korean hacking syndicate, Lazarus Group.The sanctions of Tornado Cash was, however, met with an extreme rebuff from industry participants, as many argue that sanctioning a piece of code was unhealthy for the growth of the tech world. Many groups, with backing from industry leaders like Coinbase Global Inc (NASDAQ: COIN), have also initiated a lawsuit against the Treasury Department.While it is yet unclear what will become of this current advocacy for Tornado Cash, the immediate clamor amongst industry stakeholders is centered around the release of Alexey Pertsev, the core developer behind the Tornado Cash protocol.Pertsev was arrested by Dutch officials and has been in custody since. According to Ksenia Malik, the developer’s appeal per his arrest was denied, and The Block reports that he may likely have to stay in jail for at least 2 more months.While the concerned members of the crypto community believe Pertsev is being persecuted unduly, Ksenia’s fears and concerns are more resounding as she believes the prosecutors are planning to seize Pertsev’s properties, auction them and leave her destitute. While officials have not confirmed nor denied this publicly, Ksenia believes the seizure of the developer’s car is indicative of the broader plan that might be in store for the embattled 29-year-old. Cryptocurrency news, News Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Thank you!You have successfully joined our subscriber list.

Flasko (FLSK) Will Outcompete Polkadot (DOT) and Litecoin (LTC)

Place/Date: – October 3rd, 2022 at 1:22 pm UTC · 3 min read Source: Flasko As more and more innovative coins are released into the cryptocurrency market, the cryptocurrency industry as a whole evolves and grows. Each of these new currencies has its own niche market and devoted followers. Investors constantly monitor price fluctuations to determine which crypto projects are worth investing in. It’s no secret that Polkadot (DOT) and Litecoin (LTC) are two of the best-performing cryptocurrencies in the world. They have made investors millions of dollars, but the severe crypto market collapse has affected these currencies badly, and investors are looking for a new opportunity. Cryptocurrency traders seem to be taking notice, as industry professionals see Flasko as a solid long-term investment choice.Polkadot (DOT) Grows Below the Predicted Level in 2022The Swiss-based Web3 Foundation set out to make the decentralized web available to everyone by developing the open-source blockchain technology Polkadot (DOT). When comparing similar points for both networks, Polkadot’s (DOT) growth has significantly exceeded Ethereum’s (ETH) growth. Polkadot (DOT) network expansion for this project has also outpaced competing ecosystems, which forecasts a yearly output of 6,700% by the beginning of 2022. The lack of growth in Polkadot (DOT) was noticeable as of late September when it suddenly began falling and proved all predictions about its growth false.Litecoin (LTC) Significantly Dropped from Its All-Time HighWhen it comes to the cryptocurrency industry, Litecoin (LTC) is a hot commodity. Litecoin (LTC), primarily used as a payment mechanism, has made significant progress since its inception. The total supply of 84 million tokens is four times as abundant as Bitcoin (BTC).Compared to Bitcoin (BTC), Litecoin (LTC) is four times quicker, making it a popular choice for large cryptocurrency investors who value speed when sending and processing payments.In addition, Litecoin’s (LTC) token value is rather high because of its widespread adoption. When everything is said and done, Litecoin (LTC) provides stability and is always evolving to aid users in making more income.The price of Litecoin (LTC) has dropped dramatically from its all-time high, but there may be an opportunity for development, according to some industry analysts.Flasko (FLSK) Presale Price Is Expected to Increase SoonBefore Flasko, there was no way for cryptocurrency investors to put their money into the high-end liquor market as fractionalized NFTs.Experts in the cryptocurrency market are optimistic about Flasko because it displays bullish patterns.The unique investing protocol seems to be on the upswing, with several crypto experts projecting that Flasko will reach $3 by April 2023. Investing in the Flasko presale at the current price of $0.05 is a steal that will pay out in the not-too-distant future.For more information about Flasko visit: Website, Presale, Telegram, Twitter. Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release. Created with Sketch. Subscribe to our telegram channel. Join

XRP Scam: Bad Actors Take Over Twitter Account of Popular Spanish Musician

Scammers have a new style of gaining access to verified, and highly reputable accounts and using them to promote their fake links.Scammers are showing no signs of slowing down in their unending attempts to impersonate Ripple CEO Brad Garlinghouse and pull a major XRP scam. And in their latest effort, they have successfully hijacked the Twitter account of popular Spanish singer Bertín Osborne.Following the take-over, the scammers quickly began retweeting old Ripple-related tweets as they attempt to fool unsuspecting users of the platform. The comments section is also being flooded with replies that link to a fake giveaway page. The bogus giveaway, however,  is linked to an XRP scam that has been going around on Twitter for a considerably long period. XRP Scam Wave Hits Popular Musician’s AccountOsborne’s Twitter account boasts over 162,000 followers. However, it is the latest in a series of high-profile Twitter accounts that have recently been targeted by bad actors.The mode of operation of these scammers is simple. They gain access to verified, and highly reputable accounts and use them to promote their fake links. And this has been going on for a while.September alone saw a series of similar attacks. One of the most popular crypto exchanges in India, CoinDCX was hacked and subsequently used to promote the XRP scam. In the same month, reports surfaced about the official Twitter account of Oman’s Indian embassy suffering a similar fate. Although it would take several hours to regain access to the account, the embassy eventually did.Also before that, Coinspeaker reported that the Venezuelan branch of accounting giant PricewaterhouseCoopers (PwC) lost its Twitter account to hackers. And there have been several other similar reports from other top crypto firms and businesses as well.A Broader Case ScenarioWithout a doubt, this hack style appears to be the latest trend among crypto scammers. And as the number of accounts being compromised increases, questions are being raised regarding whether enough is being done to safeguard the accounts of Twitter users.Recall that recently, scammers also hijacked several verified Twitter accounts. Once this happens, the dangers could be boundless, especially considering that such accounts could easily be used to impersonate big names in the crypto industry, including the likes of Ethereum co-founder Vitalik Buterin and Input Output CEO Charles Hoskinson. Altcoin News, Cryptocurrency news, News, Social Media, Technology News Mayowa is a crypto enthusiast/writer whose conversational character is quite evident in his style of writing. He strongly believes in the potential of digital assets and takes every opportunity to reiterate this.
He’s a reader, a researcher, an astute speaker, and also a budding entrepreneur.
Away from crypto however, Mayowa’s fancied distractions include soccer or discussing world politics. Thank you!You have successfully joined our subscriber list.

Credit Suisse Shares Plunge 9.2% as Bank’s CDS Rose on Friday

Credit Suisse officials are notably exploring all means to get back on good terms with rating agencies, analysts, investors, and their broader stakeholders. Switzerland-based global investment bank and financial services firm Credit Suisse Group AG (SWX: CSGN) has seen its shares plunge by as much as 9.21% to 3.61 CHF following reports that the bank’s executives are meeting with key stakeholders to reassure the firm’s financial position.As reported by the Financial Times, the executives of the Swiss financial giant spent the last weekend reassuring investors that the bank’s capital base and liquidity are healthy despite the current downturn in its share performance. The move to pacify investors came after the spread on the bank’s Credit Default Swaps (CDS) rose sharply on Friday. The Credit Default Swap is an indicator that shows how well the bank can protect its creditors against financial risks such as default. The plunge was interwoven with the claims that the bank’s Chief Executive Officer Ulrich Koerner is looking to raise some capital from investors.Though the FT reported that the bank’s executives are denying the claims of looking to raise funds, a discussion that was notably part of the talks with investors as well as what was shared with employees in a memo.“I trust that you are not confusing our day-to-day stock price performance with the strong capital base and liquidity position of the bank,” the CEO said in a separate staff memo obtained by CNBC.The company’s attempt to maintain a bullish and confident business outlook is currently being damned by the instability in its share price. Credit Suisse has seen its shares plunge by as much as 60% in the year-to-date period.Part of the reassurance given by Koerner was that the bank will not raise new funds and that it “was trying to avoid such a move with its share price at record lows and higher borrowing costs due to rating downgrades.”Credit Suisse Shares Drop and Systemic ImpactCredit Suisse officials are notably exploring all means to get back on good terms with rating agencies, analysts, investors, and their broader stakeholders.According to a report by Reuters citing people close to the firm’s plans, the Swiss banking giant can move its business outside of the United States in order to pursue value concentration in its most profitable regions.Should this happen, John Vail, chief global strategist at Nikko Asset Management believes it will likely make the United States Federal Reserve and other central banks rethink their aggressive rate hike approach as harm to Credit Suisse can underscore a more pervasive negative impact on others.“The silver lining at end of this period is the fact that central banks will probably start to relent some time as both inflation is down and financial conditions worsen dramatically,” Vail said. “I don’t think it’s the end of the world.” Business News, Market News, News, Stocks Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Thank you!You have successfully joined our subscriber list. Created with Sketch. Subscribe to our telegram channel. Join

Tesla Q3 2022 Deliveries Stand at 343,000 Vehicles, TSLA Stock Down 6%

Tesla missed the delivery estimates just by a whisker but it has impacted the stock price in early trading hours on Monday.The electric carmaker and automobile giant Tesla reported the sales numbers for the third quarter (Q3) of 2022. The total deliveries for the third quarter stood at 343,000 vehicles but missed analysts’ estimates of 358,000 vehicle deliveries.As tesla reported, its Model 3 and Y vehicles grabbed the lion’s share of deliveries at 345,988. On the other hand, the company also produced 19,935 of its higher-priced Model S and X vehicles. The good thing is that the total production of the vehicles also increased from the previous quarter when it made 258,580 vehicles. the electric carmaker stated: “Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars. As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks.”Tesla chief executive office Elon Musk also stated that he would aim for steadier deliveries in between quarters. This is because customer experience usually suffers in the end-of-quarter rush. The company also added that its delivery count is conservative and that the final number would vary by 0.5%.During Q3 of 2022, Tesla faced issues with soaring commodity prices as well as some issues at its factories in Texas and Germany. Also, in July, the company has to suspend most of its production in the Shanghai factory to make upgrades to the plant. But as per the China Passenger Car Association data, in the month of August, the company’s production and deliveries in China had rebounded.Tesla and Its Headcount ChangesDuring the month of July, Tesla laid off an entire AI Office and reduced headcounts in other departments as well. Besides, Elon Musk made it mandatory that all Tesla employees should work from the Tesla office for at least 40 hours a week.Following this, some employees chose to resign while others were dismissed. However, those who returned to the office found over-crowded conditions that persisted through the third quarter. This also hindered the normal working conditions at some Tesla facilities such as its first US car factory in Fremont, California.The share price of Tesla has taken a nosedive falling 5.5% in the early morning trading hours on Monday. Considering this drop, Tesla stock (NASDAQ: TSLA) is likely to open at $250 on Monday’s trading session. Business News, Market News, News, Stocks, Technology News Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills. Thank you!You have successfully joined our subscriber list.

TikTok Reportedly Partners with TalkShopLive for US Live Shopping

TikTok is about to break ground with its new collaboration with TalkShopLive.TikTok is reportedly partnering with live shopping platform TalkShopLive to take shopping into live streams. As the Chinese company works towards launching its live shopping platform, reliable sources revealed that the service is intended to let US users buy directly from live streams.According to the report, TikTok and TalkShopLive are yet to finalize the deal, and no agreements have been signed yet. Also, it said the short-form video hosting service is planning to launch the live shopping platform in North America by outsourcing its operation. TikTok to Partner with TalkShopLiveBytedance-owned TikTok Shop launched in the UK last year. The feature allows the app users to buy products through links during live broadcasts. The shopping platform is also available in several Asia markets, such as Vietnam, Malaysia, and Thailand. While the social media platform experimented with live shopping in the UK last July, it encountered some challenges. The company halted the experiment citing internal problems and the struggle to gain traction with consumers.TalkShopLive describes itself as a “live streaming, social buying and selling platform.” It allows sellers to create a channel and add the items they wish to sell. So when the sellers go live, the products appear in a sidebar, and interested persons can check out what is available and add them to their cart. Now, TalkShopLive will integrate into TikTok to work on TikTok Live.Yet again, TikTok is about to break ground with the new collaboration with TalkShopLive. Last year, the Chinese company generated $4.6 billion in revenue from both ad sales and in-app purchases of its coins.TikTok is continually expanding its reach worldwide. The social media app, which gained popularity during the lockdown, has managed to gain the attention of many- both young and old. More interestingly, the in-app effects and video editing tools have made it easy for users to create content. Reports showed months ago that TikTok was adding gaming functionality in Vietnam. A spokesperson revealed that it had done trials with HTML5 on the app by collaborating with Zyga Inc. (NASDAQ: ZNGA).As a matter of fact, many become content creators simply by using their TikTok app. As the app keeps its growth momentum, it recently broke the record as the highest-grossing app in the world in the last quarter. A Sensor Tower report noted that the app generated the most quarterly report for the fourth quarter in a row. TikTok amassed approximately $914.4 million in consumer spending in Q3. This made the app the No. 1 revenue-generating non-game app on the App Store and brought its lifetime total to about $6.3 billion. Business News, News, Social Media, Technology News Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience.
Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides. Thank you!You have successfully joined our subscriber list.

Fight4Hope, the Most Anticipated P2E Game, Is Now Live

Gaming has long been one of the most successful markets, and its integration with blockchain had the community excited. Several thrilling titles have been launched in the recent past, leading to a tremendous increase in user activity and the community’s growth. According to the latest figures, user activity in the P2E space has grown nearly 2000% each year for the last few, and pre-sales for most projects did exceptionally well. The best part, the native tokens saw a considerable rise in value after they were listed on exchanges and were traded in huge volumes.Of late, projects have started developing P2E NFT games, a significant development since both the P2E model and NFT technology have been two of the major highlights of the blockchain space, drawing considerable investments and attracting users. And the community is more excited than ever with the launch of Fight 4 Hope, one of the most advanced P2E games in the blockchain space offering high-end graphics developed using Unreal Engine 5. Fight4Hope, built on the Binance Smart Chain, boasts of the best graphics delivered in the blockchain gaming industry to date. The official launch of Fight4Hope is slated for October 4, 2022, at 6 PM UTC. About Fight4HopeFight4Hope storyline takes place in outer space, where players fight one another in a battle royale system, with the last one remaining winning the rewards. The objective is to lay claim over Hope, a spaceship drifting around in space that offers a chance to escape the dying homeworld, made uninhabitable by centuries of pollution and abuse. Hope is their only chance at a better life!To earn the F4H tokens, players have to win combats, leveling up with every win. There are six levels: Scout, Scavenger, Squatter, Reclaimer, Colonist, and Salvager of Hope. Every player starts off as a Scout and, after winning enough battles, can claim the highest status of Salvager of Hope.To participate in battles, one has to obtain spaceship NFTs, available in the platform’s marketplace, or use the in-game features to mint on site. These can be acquired using F4H tokens and the tokens traded on DEX (Decentralized Exchanges). F4H tokens are distributed through a staking protocol and in-game activities, and rewards are usually higher than other similar projects. Also, users can upgrade their NFTs or purchase a higher level one from other players. And subsequently, users can sell the NFTs at a profit to earn F4H tokens.Fight 4 Hope intends to create an ecosystem that provides thrilling and exciting gameplay to the community and, at the same time, serves the interests of retailers, businesses, and project owners. It plans to become the perfect marketing and advertising platform, generating revenue that will further boost the game’s development and will be used to provide rewards to players.A steady source of revenue is critical to the long-term sustainability and viability of Fight 4 Hope. Most P2E games were discontinued shortly after launch due to a funding crunch, but with advertising, marketing, and RBA Labs as an income source, Fight 4 Hope eliminates the chances of that happening and secures the project for years to come.Fight 4 Hope is currently available for both Windows and Android platforms and offers crossplay between the two. The game is currently live, and anyone wanting to experience it can download Fight 4 Hope from the project’s Google Drive. Fight 4 Hope has also collaborated with several gamers and streamers who will be joining as ambassadors in the near future, among them some prominent names in the gaming industry.The Project’s Native TokenFight 4 Hope or $F4H (Token Symbol) is the native token for the project, which will be used for both in-game transactions and to offer rewards. The token’s total supply is capped at 100 million, of which 6% is reserved for pre-sale, 16% for IDO (Initial DEX Offering), 7.5 % for the liquidity pools, 22% for staking, 16% for P2E aspect, and 5% for marketing the project. Fight 4 Hope’s tokenomics are designed after a thorough analysis of the market dynamics and factors that worked for other similar projects to ensure sustainability and security for investors.Fight 4 Hope will soon allow token bridging, thus allowing users to transfer from one chain to another. And it’s coming to the biggest of them all, ERC20 shortly after launch.Users are also offered the option to stake their current holdings of F4H and earn a decent passive income. With such a significant share of tokens reserved for staking, players and investors alike are bound to get a high APR. Staking, of late, has become the first choice for many since it facilitates easy returns without any active participation or efforts from the investor’s end.Fight 4 Hope is also holding several contests where users stand a chance to win up to 10,000 F4H tokens. First is the Referal Contest, where the player who invites the maximum users will win 10,000 tokens while the one placed second receives 9,000, the third on the list will get 8,000, and so on. There’s also the Killer King Contest, where the top three players who register the maximum kills will be rewarded 10,000 tokens each. And the one with the highest number of kills after the contest ends will receive 50,000 tokens and get crowned as the Killer King.So go ahead and download Fight 4 Hope and enjoy the best-ever Battle Royale P2E game in the blockchain space. And make sure to acquire as many F4H tokens for the best gaming experience and increased profits.Follow Fight4Hope on all social channels to stay updated with the latest developments, releases, and token sales: Twitter, Facebook, Telegram, Discord.Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release. Created with Sketch. Subscribe to our telegram channel. Join