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DeFi Yield Protocol (DYP) Announces Cats and Watches Society

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DeFi Yield Protocol (DYP) announces the imminent launch of its Cats and Watches Society NFT collection, due on April 13, 2022. This hotly anticipated event comes with luxurious prizes and promising new features propelling DYP into the industry’s spotlight. Considering its unique utility traits, some see DYP’s CAWS as the next Blue Chip NFTs with a similar impact in the market.

What is Cats and Watches Society?

Cats and Watches Society which is DYP NFTs is a collection of unique, randomly-generated Cat NFTs from more than 235 different attributes. These icons are present on the Ethereum blockchain as ERC-721 tokens, and the Interplanetary File System (IPFS) will host them.

This exciting NFT collection comes from the DeFi Yield Protocol (DYP), one of the most experienced and innovative projects in decentralized finance. The project seeks to promote DeFi adoption and has made significant partnerships with big names like Chainlink, Avalanche, Kyber Network, Crypto.com, Coin98, and others.

DYP is a platform offering solutions for yield farming, staking, NFTs, and other DeFi tools. So far, the team has paid over $38 million in rewards to users and consistently rolled out several functional products. Now, it is ready to launch DYP NFTs, a high-utility NFT series with multiple perks for its members. The collection will stand out from most NFT projects, which generally lack applicability and long-term sustainability.

Every cat in the CAWS collection has its own personality, outfit, expression, and other unique traits. Most importantly, each has its own watch preferences, making some of them stand out more than others. Users can discover their quirky features and intriguing stories before fostering one or more.

These super rare cats will be available for adoption starting on April 13. Every adopter will get a funky cat wearing a luxury watch, which provides access to the members-only Society Benefits Zone. New cat owners also receive 10% of the minting fees. Moreover, they get a chance to earn ETH rewards by joining the DYP NFT staking pool.

Details on how to be eligible for the prizes are available through the DYP NFT  whitelist process.

Distribution and Society Benefits

Another aspect that differentiates DYP NFTs from other NFT projects is its anti-whale purpose. The team believes that whales shouldn’t be the only users able to mint NFTs. In fact, minting a Cat costs only 0.08 ETH, which should be accessible for most users. Furthermore, the project does not impose price tiers or complex minting conditions. This way, everyone looking to adopt an NFT Cat pays the same price.

Getting 10% of minting fees and access to the Cats and Watches society staking pool are not the only enriching means for Cat adopters. Those minting and owning more cats get a higher share in the staking pool, substantially increasing their ETH rewards.

After minting, every holder can mint an additional standalone NFT watch for free, which will provide other future benefits.

Upcoming P2E Game

DeFi Yield Protocol is also building its own Metaverse with an exciting play-to-earn (P2E) game still in development. During the game, players will have their NFT cats as companions, which they can customize by purchasing items and animations. Above all, the cats will interact with their owners in various ways, especially through sounds and animations.

The game will challenge players with an adventurous quest to dig for treasures and complete daily, weekly, and monthly quests. Users will be able to earn coins for their achievements, which they can later trade for various tools. 

The game will require players to use two tokens, iDYP and DYP. For instance, they will use iDYP to boost the energy levels of their characters and cats. On the other hand, they can use DYP tokens for purchasing in-game items. Rewards for various accomplishments will come in DYP, ETH, BTC, BNB, AVAX, and APE.

One of the game’s strongest points will be the social interaction between players. For instance, users will be able to invite each other to participate in a task and work together to progress. This way, the game will act as a social platform with P2E benefits, where players can meet, chat, and collaborate. Currently, the game is still in development. However, it’s already showing signs of becoming one of the most exciting P2E games in the Metaverse. 

Join the whitelist and be ready to adopt a funky cat on April 13.

For more information about Cats and Watches Society, please follow the links below:

|DYP NFTs | DYP Website  |Twitter | Telegram | Discord|

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Press Release

 Wemade and MYSTiC Games to onboard new highly inter-operable games to WEMIX PLAY

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  • First Swedish company to join WEMIX PLAY global blockchain gaming platform
  • New RPG games feature innovative blockchain-based elements VoYd Tokens, VoYd Heart and VoYd Soul 
  • Fully inter-operable: VoYd Tokens and NFTs earned can be used across all current and future games built on MYSTiC GAMES’ Catalyst platform 

Leading global game developer Wemade has signed an onboarding agreement with MYSTiC GAMES, the first Swedish game studio to onboard games to WEMIX PLAY, the world’s biggest blockchain gaming platform. With over 9 million cumulative users, WEMIX PLAY offering close to 40 web3 games including the hugely successful MIR4 and its sequel, MIR M: Vanguard and Vagabond, the largest P&E MMORPG in the world; collectible card game Summoners League; and farming simulation game Every Farm.

MYSTiC GAMES will onboard “Call of the VoYd” and “Heroes of the VoYd”, the first two games that will offer full cross compatibility in its growing ecosystem. 

“Call of the VoYd” is a free-to-play, mobile-first cross-platform top-down ARPG Roguelite game with auto-aim precision. As players progress through the game, they collect various characters and items, each with its unique set of skills and abilities. 

“Heroes of the VoYd” is an easy-to-play idle RPG that combines simple effective core gameplay with strategic decision-making. Players must fight against monsters to unearth new heroes and unique weapons.

They can trade, sell, or use these in-game items inside and outside the game to customize their characters. These items will also be transferable between players, and can be spent in-game as well as staked and sold. 

VoYd Tokens, Voyd Heart, Voyd Soul

VoYd tokens and NFTs will be shared across future games with the tokens playing a crucial role in “Heroes of the VoYd”. Serving as an in-game currency, players can utilize tokens for various purposes, but the primary focus is on using tokens to level up their Heroes.

The games feature innovative blockchain elements like the prestigious VoYd Heart and VoYd Soul which offer a range of benefits including the ability to safeguard gameplay progress by saving levels, and unlock additional game content like heroes and chests. VoYd Souls will also include an increased role in the MYSTiC DAO that will manage the entire gaming ecosystem.

“We believe in a future where your time and skill in gaming can be just as valuable as your time spent working and with other hobbies,” said Matthew Buxton, CEO of MYSTiC GAMES. “We look forward to a bright future together.”

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Its WEMIX PLAY global blockchain gaming platform (www.wemixplay.com) offers everything from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, SNG, MOBA and MMORPG games. Besides standard GameFi services like exchange, staking, swap, pool and bridge, WEMIX PLAY also offers a marketplace to trade NFTs and a Drops feature for developers to launch new collections.

About MYSTiC GAMES

MYSTiC GAMES is a crew of industry veterans on a mission to create the next wave of heart stopping multiplayer mobile games. We’re player first, player friendly and soon to be player owned. For more information, please visit:  https://mysticgames.dev/

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Press Release

Saitama Unveils Groundbreaking Layer 0 Blockchain: SaitaChain

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Saitama, an esteemed pioneer in the Web 3.0 domain, has made an exciting announcement regarding its latest creation, SaitaChain. This revolutionary Layer 0 blockchain has the potential to reshape the decentralized finance (DeFi) landscape by offering exceptional transaction speeds and competitive fee structures. SaitaChain stands as a testament to Saitama’s commitment to pushing the boundaries of blockchain technology and fostering innovation.

SaitaChain is not simply an incremental improvement on existing technology; it represents a fundamental shift in blockchain architecture. By leveraging advanced sharding techniques, this Layer 0 blockchain addresses the pressing challenges faced by Layer 1 counterparts, such as congestion and exorbitant gas fees. The launch of the alpha testnet this month signifies a strategic leap forward, providing developers and users alike with a more efficient, secure, and user-friendly environment.

The SaitaChain Roadmap – A detailed glimpse into the future.

At the heart of the SaitaChain ecosystem lies the Saitama Token, a versatile cryptocurrency that plays a pivotal role in facilitating transactions and fueling gas fees. The integration of the Saitama Token within SaitaChain emphasizes Saitama‘s vision of a decentralized financial system that prioritizes efficiency and affordability.

In conjunction with the introduction of SaitaChain, Saitama has also revealed the operational launch of XBridge, an innovative blockchain bridge connecting the Ethereum (ERC) blockchain with the Binance Smart Chain (BSC). Released on October 23, 2023, XBridge is an impressive technological feat that unlocks unparalleled interoperability and flexibility in the realm of DeFi. Users can now seamlessly transfer assets between these blockchains, gaining enhanced market access and increased liquidity options.

Saitama‘s commitment to making DeFi accessible to everyone is evident in their suite of products. The Saitama Token, the SaitaPro app, and the SaitaCard are all part of a cohesive strategy to demystify and mainstream DeFi. The SaitaCard, in particular, stands out with its global ATM access, diverse payment options, and seamless integration with the SaitaPro app, all without the burden of monthly fees.

SaitaPro, a non-custodial wallet that supports multiple blockchains, offers a secure and intuitive platform for asset management. Its collaboration with ePayme enhances the user experience by simplifying the purchase of cryptocurrencies.

Saitama’s expansion into logistics with SaitaLogistics, in partnership with ePayme, exemplifies their innovative use of blockchain technology in practical, real-world applications. This peer-to-peer logistics system facilitates secure cryptocurrency transactions, streamlining the shipping process on a global scale.

SaitaChain serves as the cornerstone of Saitama’s expanding ecosystem, which includes SaitaSwap, an innovative multi-chain decentralized swap platform designed to cater to cryptocurrency investors with secure token trading capabilities.

In reality, SaitaChain is much more than just a blockchain; it serves as a strong foundation for constructing a more integrated, inclusive, and efficient blockchain ecosystem. Saitama‘s pioneering work in Layer 0 technology is helping to chart a path for the future of DeFi, setting the standard for future evolutions of the blockchain landscape.

As Saitama continues its leadership role in advancing blockchain technology, SaitaChain will play a crucial role in supporting a more secure, streamlined, and accessible financial system. Saitama’s vision of a decentralized financial future depends on their innovation and execution, and their continued dedication to progress will help create a more decentralized, efficient, and equitable financial world.

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 Wemade to support blockchain gaming ecosystems growth in Dubai and the UAE through collaboration with Dubai Chambers 

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Wemade CEO Henry Chang (left) meets with Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers (right)

  • Wemade is the first and biggest Korean game developer to establish official talks for joint collaborations with Dubai Chambers
  • Talks mark next phase of Wemade’s efforts to support the growth of blockchain gaming ecosystems in Dubai and the UAE

Henry Chang, the CEO of leading South Korea-based gaming giant Wemade met with H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, to discuss a broader scope for future collaboration. Wemade is the first and biggest Korean game developer to establish talks with Dubai Chambers for broad plans to contribute to game development industry initiatives. The meeting between CEO Chang and Dubai Chambers’ President and CEO H.E. Lootah marks the next phase of Wemade’s efforts to support and grow blockchain gaming ecosystems in Dubai and the UAE. 

As an advocate for the interests of Dubai’s business community, Dubai Chambers serves as a bridge connecting the local business community with Dubai’s dynamic government and is committed to ensuring a thriving environment in which businesses can flourish. The chamber seeks to facilitate and improve the ease of doing business in the emirate and advance Dubai’s position as a highly competitive global commercial centre. 

“The UAE is among the most dynamic regions building the next generation of games and gaming industry talent with Dubai and key stakeholders including Dubai Chambers playing an important role,” said Henry Chang, CEO, Wemade. “Wemade will focus on working with Dubai Chambers to explore how we can contribute our expertise and technology to support key initiatives including the Dubai Program for Gaming 2033.”

H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are pleased to initiate this collaboration with Wemade, which will contribute to driving innovation in the UAE’s rapidly evolving digital ecosystem. Dubai’s growing influence in the global gaming and blockchain arenas reflects our dedication to fostering an ecosystem that is rich in technological expertise. We remain committed to further strengthening the emirate’s position as a leading global hub at the heart of the digital economy.”

Unveiled recently by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), the Dubai Program for Gaming 2033 set out major industry goals. These are: to position Dubai among the top 10 cities in the global gaming industry; generate 30,000 new jobs in the gaming sector; significantly boost the sector’s contribution to the growth of Dubai’s digital economy; and increase the GDP by approximately US$1 billion by 2033. 

About WEMADE

A renowned industry leader and innovator in game development, Wemade is now leading a once-in-a-generation shift as the global games industry pivots to blockchain technology. Through subsidiary WEMIX, Wemade is building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. This includes WEMIX PLAY, the world’s biggest blockchain gaming platform which can transform games of every genre into blockchain games. www.wemix.com/communication.

About Dubai Chambers

Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global player by empowering businesses, providing innovative value-added services and access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber and the formation of three chambers for the emirate, namely, Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under Dubai Chambers. For more information, please visit: www.dubaichambers.com 

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