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Dream Idols: The future of SocialFi fan economy is coming this October

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Dream Idols: The Future Of Socialfi Fan Economy Is Coming This October
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The renowned Web3 entertainment company, X World Games, has been hard at work in the past few months, creating what is considered the biggest SocialFi project to date in the crypto industry.

Dream Idols: Fantasia is crypto’s first ever metaverse idol group, launched and built on the BNB Chain. An ecosystem created by the world’s largest cryptocurrency exchange Binance. 

Features four virtual idols that will have their personalities and performances acted out by real-life girls behind the scenes. The Dream Idols have garnered attention in various crypto communities after X World Games revealed their first Idol, Andal, recently.

Now, the X World Games is revealing their ambitious roadmap and how they plan to make this SocialFi/Engage to Earn venture a hot new project in the cryptocurrency and entertainment industry.

Dream Idols Fan Economy 

As with all SocialFi projects, the X World Games team wanted to create a dynamic way to reward their community for their commitment to the Dream Idols project. The X World Games team is introducing “Engage-to-Earn”, a fan economy allowing users to earn crypto assets through regular engagement with the Dream Idols.

The first step in participating in this new crypto ecosystem is to purchase one of three tiers of “Fan NFTs”, ranging from Genesis Producers to Super Fans to Casual Fans. To create the most diverse community possible, the X World Games team wanted to provide equal opportunities to participate for all levels of commitment.

The Dream Idols fan economy will also introduce two new crypto assets, JOY, and DREAM. These assets will be crucial in how fans can support their favorite idols as they will be the main determining factor in ranking their popularity.

More details on the Fan Economy system will be revealed throughout October 2022.

Genesis Producer Invitations & App Reveal

Around the beginning of October, the X World Games team will also be revealing the official Web portal for the desktop user on their website- Dreamidols. Fans, with IOS and Android app, launches to follow.
The site portal will act as the central hub for Dream Idol fanatics, allowing users to participate in the fan economy, watch live idol streams, and converse with fellow supporters.

Also, during the beginning of October, top-tier community members and partners will receive an exclusive invitation to become one of our Genesis Producers. Genesis Producers are the ecosystem’s highest tier of fans and will be granted the unique responsibility and privilege of creating fan clubs to support their favorite idols. 

Dream Idols Origins: First Look

Towards the end of October, the fans will have their first chance to participate and engage with their favorite Idols during public live streaming events. Andal will be the first idol introduced and begin live streaming to the community, followed by the rest of the Dream Idol girls. 

Fans will also get to read about the origins of Andal, Betty, Catherine, and Luceo before they became Dream Idols. Events, sneak peeks at the Dream Idol’s music, personalities, and more will be slowly introduced to invite the fans into the Dream Idol world.

Building the Future of SocialFi

A key part of any crypto project is its potential to grow, and with X World Games’ Dream Idols, the potential is seemingly limitless. With an entire fan economy in the works, music in the production, and a huge metaverse concert to be hosted, the future is looking bright for this SocialFi phenomenon. 

X World Games CGO and Co-Founder Edwin Liu has this to say about the future of the crypto industry and Dream Idols,

“Despite recent market sentiments, I believe that Dream Idols will be the light at the end of this very dark tunnel. XWG puts a lot of effort into ensuring that every part of this project is not only rewarding for our users but just fun in terms of entertainment as well! We’re excited to see how the community will engage with this project as we have so much more in the works for the future of Dream Idols.”

The Dream Idols project will be making huge strides starting in October 2022. X World Games also estimates the global SocialFi economy with NFT is now worth roughly $10 billion in market value and expects this sector to grow to $2 trillion within the next 8 to 10 years. Not only has X World Games launched Dream Idols, but the ecosystem has integrated a third-party-produced game called, Hero Card. With the rapid growth of its gaming catalog alongside this new industry venture, X World Game is set to become an entertainment and media conglomerate in the cryptocurrency industry.

About Dream Idols

Dream Idols: Fantasia is crypto’s first virtual idol group consisting of four themed versions of NFT hero characters from the popular P2E video game Dream Card incorporated with SocialFi fan economics- developed by X World Games.

About X World Games

Founded in 2018, X World Games (“XWG”) aims to build the next-gen decentralized gaming metaverse.

X World Games’ vision is to build a diversified gaming ecosystem that connects traditional gamers with the blockchain world and invites more game developers into the crypto space by creating and providing the underlying blockchain framework. With its gaming innovation, crypto game – Dream Card & Hero Card, Metaverse entertainment – Dream Idols, NFT Marketplace and DeFi Pool, X World Games now serves over 2 million registered gamers. It has quickly become the fastest-growing crypto gaming platform in the ecosystem. X World Games is headquartered in Singapore with a 100+ dynamic team located worldwide.

Media Contact

Company Name: X World Games

Contact Person: Edwin Liu

Email: [email protected]

Address:1 Marina Boulevard #28-00, One Marina Boulevard

Country: Singapore

Website: https://xwg.games/

Media Contact

Company Name : Edwin Liu

Company Address : Singapore

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USDC Issuer Circle Announces Support For 5 New Blockchains

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Firm Behind Usdc Stablecoin ‘Circle’ Announces Launch Of Euroc Stablecoin
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  • USDC support rises from eight to thirteen blockchains due to this new initiative.
  • It was announced at Converge22 conference in San Francisco by Circle CEO.

Due to the delisting of USDC from Binance and WazirX, Circle is looking to increase its presence on other blockchains to preserve its position in the crypto industry.

The company behind USD Coin (USDC) and Euro Coin (EUROC), Circle Internet Financial, has announced plans to expand into five major blockchains as of September 28. Circle is targeting the early years of 2023 for the introduction of its stablecoin on the following blockchains: Arbitrum, Cosmos, NEAR, Optimism, and Polkadot. Since this is the case, developers working on these blockchains may immediately begin testing Circle’s APIs for integration.

Greater Liquidity and Interoperability

According to Circle’s VP of Product Joao Reginatto, the company will be able to increase the number of ecosystems. The support for stablecoin surges from eight to thirteen as a consequence of this new initiative. Giving its customers access to “greater liquidity and interoperability” in their transactions.

Reginatto said that this would allow “institutions, exchanges, developers, and more” to have a choice in a secure and dependable bridge between cryptocurrencies and fiat currencies. It will be simpler to create new apps that prioritize rapid user transactions and programmable wallets if USDC is part of these ecosystems.

At Converge22 conference in San Francisco, Circle CEO and Co-Founder Jeremy Allaire announced the company’s objective. To assist enhance this new blockchain sector. And the narrative surrounding cryptocurrencies is now going from a primarily speculative phase to the utility phase.

Furthermore, he said that in order to improve the ecosystem, simple apps must be developed for all users. Moreover, they may use any stablecoin without worrying about which chain they’re on, he added.

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CryptoPunks NFT 2924 Sold for 3,300 ETH ($4.45 Million)

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Cryptopunks Nft 2924 Sold For 3,300 Eth ($4.45 Million)
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  • NFT hoarder “seedphrase” sold the CryptoPunk NFT. 
  • To date, punk #5822 has fetched the highest price for a CryptoPunk.

A million dollars was a common price tag for NFTs during the recent craze. It seemed that the brakes had been put to the market, since recent circumstances had remained turbulent. Despite this, one user paid 3300 ETH for a CryptoPunks NFT.

The latest shocking event is the $4.45 million sale of CryptoPunks 2924. It’s worth noting that this is one of NFT’s biggest-ever deals. NFT hoarder “seedphrase” parted with the CryptoPunk NFT. According to the NFT’s blockchain transaction history, it was last traded in November of 2020 for 150 ETH [$71,403 at the time].

Despite Sluggish NFT Market

To date, punk #5822 has fetched the highest price for a CryptoPunk. In February of this year, Deepak Thapliyal, CEO of Chain, paid almost $23 million for the alien-style punk. The price tag was far more than that of the next highest-earning punk by a wide margin. The deal almost broke the record for the biggest selling NFT ever, falling short by a few million.

Over the previous 24 hours, sales of CryptoPunk have increased by almost 348%. Therefore, at the time of publication, it was the best-selling compilation overall. Next to them was the Bored Ape Yacht Club, and then came the Mutant Ape Yacht Club. Approximately 13% and 52% daily sales increases were seen for the aforementioned collections.

The NFT market is still in its downturn phase, notwithstanding the sales recovery seen over the last day. Bloomberg reported data from Dune Analytics showing that, compared to January of this year, NFT trading volumes had dropped by 97%.

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Chainlink and SWIFT Collaborate on a Cross-Chain Protocol

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Chainlink And Swift Collaborate On A Cross-Chain Protocol
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