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IOST Assets Integrated Into the VR Content Platform, Dvision

IOST is partnering with the Dvision Network — an open-source virtual reality content platform powered by blockchain, to further explore and exploit the potential of distributed ledger technology (DLT) and virtual reality in an announcement on Sep 4.  Dvision Partnership with IOST: Details The enterprise-grade blockchain stands to benefit from expanded exposure since Dvision plans to

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IOST is partnering with the Dvision Network — an open-source virtual reality content platform powered by blockchain, to further explore and exploit the potential of distributed ledger technology (DLT) and virtual reality in an announcement on Sep 4. 

Dvision Partnership with IOST: Details

The enterprise-grade blockchain stands to benefit from expanded exposure since Dvision plans to provide an ad-campaign in major blockchain events. 

In return, IOST will offer a hand on technical assistance, marketing, and business development to complement Dvision’s desire of creating an all-inclusive VR ecosystem and lower the barrier of entry of all new users. 

Consequently, IOST will integrate their assets into the Dvision platform for users to directly access the VR platform’s payment platform since P2P transactions are now possible with IOST tokens. 

Additionally, IOST token holders will have access to the Dvision ecosystem comprising VR-Space, VR-City, and VR-Market while managing their IOST tokens.

Blending Blockchain and VR 

Judging from recent developments, blockchain VR is the new kid in the block. It remains largely unexplored but is increasingly getting crowded given its potential. 

Although there is a thin line between gaming and gamified experiences, the real possibility of earning cold cash from virtual world activities and guaranteed copyright protection of VR content is attractive enough, encouraging participation. 

Lee Dong Jae, the CTO of the Dvision Network, said copyright infringement and piracy in the VR world is a crisis in which the smart contracting and the transparency of a high throughput ledger satisfactorily resolves.

Focus on Monetization

Guided by a laid-out narrative, a blockchain-based VR experience is often very interactive with solid provisions enabling secure ownership of assets—a significant development enabling participants to redeem value to the physical world. Dvision is banking on monetization and flexibility of the blockchain for their success.

Dvision aspires to not only to actualize the benefits of the blockchain but generally improve user experience by remaining open, anchoring their improved solutions on the blockchain, and most important of all, striking useful partnership contributing to the betterment of their growing ecosystem after factoring in troubles facing the traditional VR market.  

Through this partnership, IOST will have a chance to make Dvision more robust but also cooperate with a diversified company.

Next year, IOST plans to release the world’s first nautical-themed blockchain strategy game called Voyage as per a BTCManager report.

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Source: https://btcmanager.com/iost-assets-integrated-vr-content-platform-dvision/

Blockchain

Bitcoin Halving: Definitive Guide (In Just 5 Minutes)

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Bitcoin halving is often referred to as “Halvening”, it’s a formulated reduction in the reward coins offered to the miners using a predefined blockchain algorithm.

Bitcoin halvings take place once in every four – 4 years approximately, or for every 210,000 block transactions.

The process of halvening started in the year 2012, approximately after 4 years of the invention of bitcoin i.e 2008, but practically bitcoins came into play in the year 2009.

After the first bitcoin halving, the block reward of 50 bitcoins per transaction were reduced to 25 bitcoins per block or transaction, later this reward was further reduced to 12.5 and it has now fallen to 6.25 after halvening in 2020.

The main idea of halvening is to create scarcity for the coins and to control inflation, as bitcoins issuance is limited to 21 million coins as per the idea of Satoshi Nakamoto, inventor of Bitcoin.

The production of 21 million bitcoins involves 32 halvenings, we are now done with two halvenings and this might continue till or come to an end in the year 2140.

Investors from all over the world are excited and waiting for the Bitcoin price to increase, and the demand for bitcoins in the online gambling industry is high. Bitcoins are widely accepted at Bitcoin Casinos as they collect deposits in the form of cryptocurrency from their players.

To know the overview of Bitcoin Halving (Just in minutes), check out the following infographic developed by Abishai James at WinBTC.net in partnership with ACMarket.

bitcoin halving
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Blockchain

Santiment Reveals Top 10 Ethereum Projects by Developer Activity

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Despite record highs for network charges in February, development on some of the industry’s leading Ethereum based projects has continued unabated.

The research stated that development activity is an often-underrated indicator of project success. It demonstrates the ongoing commitment to creating a working product, continuously polishing and upgrading its features, and staying true to the long-term roadmap.

The research focused solely on pure ERC-20 projects that are currently committed to developing on Ethereum. It has used 30-day Github activity to track development status and action.

The Ethereum Project Top Ten

At the top of the list for developer activity in February is the decentralized prediction market platform Gnosis. Despite a 28% slide in GNO token prices for the second half of the month, the Gnosis team has been busy working on the product.

Gnosis launched on the xDai Ethereum sidechain, joined the Open DeFi alliance, and launched a new collaborative grants initiative for Gnosis Safe Apps last month.

Status was the second most developed Ethereum based project with a number of updates for the open source mobile dApp browser and messenger. SNT prices hit a three-year high of $0.125 in February.

Virtual metaverse and NFT protocol Decentraland was third in the list of developer activity with a number of features introduced to improve user experiences.

DeFi synthetic asset protocol UMA came in fourth with two main focuses for the month; getting some major protocols out the door, and there was a collaboration with BadgerDAO.

Coming in at number five for developer action was Chainlink which announced the official mainnet launch of Off-Chain Reporting (OCR). This significantly improves the efficiency of how data is computed across Chainlink oracles, reducing operating costs by up to 90%, it added.

“The most immediate benefit to DeFi and its users will be a 10x increase in the amount of real-world data that can be made available to smart contract applications.”

DeFi Dominates

These were the five most developed platforms in the Ethereum ecosystem for February 2021, and they were dominated by DeFi.

Also featuring in the top ten list was Skale Network, a decentralized modular cloud for running Ethereum-based dApps. MakerDAO, which is consistently in the top ten for development, was in seventh place.

Decentralized data exchange protocol Ocean, computing sharing economy Golem, and analytics platform Santiment itself rounded out the top ten.

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Source: https://cryptopotato.com/santiment-reveals-top-10-ethereum-projects-by-developer-activity/

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Blockchain

Blockchain in Sports Betting

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Wanna enter the Sports betting industry? Are you worried about the transactional data, security and entry charges?

Just relax and lean on to your chair. The amazing features of blockchain technology have reshaped the sports betting industry. It enhances safe and secure transactions as it is an open source decentralized network.

Basically, blockchain offers tremendous features like transparency, fast payouts, speedy transactions, independent in nature, etc. The most effective feature is the player’s account will not be restricted or blocked either personally or professionally  due to extreme winnings.

Blockchain is the most prominent technology ruling today’s betting industry. It’s advancement in the sports industry has laid a pavement for its enormous growth in recent times.

To get detailed information, checkout the following Infographic developed by WinBTC.net in Partnership with MrBet.me.uk.

Blockchain In Sports Betting Infographic
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