- TSM and Avalanche to Bring Web3 Features to 30 Million Gamers
- Nealthy Receives over 1million in Funding
TSM and Avalanche Power the Future of Gaming
To modernize the gaming industry, TSM, a global company specializing in video games, esports, and content creation, has partnered with Avalanche, an innovative blockchain technology, and Blitz, their competitive gaming platform. The agreement names Avalanche as TSM and Blitz’s only blockchain partner.
Through Avalanche, TSM shall develop fresh experiences for users, followers, and producers, representing a significant advance in popularizing user-focused Web3 gaming goods. Blitz and TSM will also use the core to manage all user payments and exchange, store, and buy digital assets.
The collaboration will add a specific Blitz Subnet to the Avalanche blockchain. Avalanche created subnets and personalized blockchains optimized for security, performance, and scalability.
To provide players with progress data and learning resources to help them refine their skills, TSM will organize Avalanche-branded competitions on Blitz Subnet. These Blitz Arenas will also allow individuals to battle it out for prizes.
According to John Wu, Ava Labs President, working with TSM will give gamers access to revolutionary gaming experiences everywhere. Wu said that Avalanche’s programmable subnet devising helps companies like TSM push the boundaries of gaming by providing millions of users with scalability, security, and transaction speeds of less than a second.
TSM and Blitz’s founder, Andy Dinh, expressed excitement about working with Avalanche to develop beneficial experiences for their users and supporters. Dinh recognized Avalanche as a true industry leader and remarked that both businesses have a protracted goal of creating products that are sincere and helpful to their community.
The collaboration involving TSM, Blitz, and Avalanche is pivotal for Avalanche gaming. Because of its several well-liked live games and the anticipated upcoming releases from big publishers, Avalanche is the industry’s leading player, serving players and game makers.
Nealthy Receives Over 1M in Funding.
Nealthy, a Web3 organization that provides NFT and cryptocurrency investment options, recently revealed the company had raised $1.3 million with pre-seed financing. The Funding round, which funded Web3 and included well-known crypto figure Don Geraldo, closed in November.
Nealthy plans to use the money to further its sales and development operations, hire top personnel, and expand its vital staff. With more than 100 million new visitors coming to NFT platforms each month, there is a growing demand for Web3 markets.
However, entering the sector presents considerable challenges for investors. With NFT prices rising and substantial investments requiring a minimum of $20,000, regulators find it challenging to keep up with the fast-changing trading conditions.
Nealthy is a platform that provides index tokens to investors who wish to swiftly and efficiently join Web3 markets. Similar to traditional exchange-traded funds (ETFs), these index tokens enable investors to hold several digital holdings on-chain and vary their investments in the event of unanticipated market changes.
To ensure that Nealthy’s index tokens, such as $NFTS, maintain their true underlying worth, they are likewise pegged almost 1:1 with blue-chipped non-fungible tokens.
Investors in the developing NFT transactions markets, especially new investors, are becoming more and more interested in diversification, according to Ludwig Schroedl, CEO of Nealthy. According to Schroedl, a blue-chip index token, like Nealthy’s $NFTS, can offer better investing options at lower risk.
He also thinks that any asset on the blockchain can be used to accomplish this if Nealthy can use NFTs. Nealthy, established in Dubai, offers a regulatory climate with tax leniency. The UAE’s creation of VARA, the first independent regulatory body for virtual assets, will benefit Nealthy investors.
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