• Rapidfire Unicorn reveals “Hotshot” Shoot-to-Earn PVP Game at GamesBeat NEXT Industry Event
• Hotshot is an online multi-player shooter game where players can make money by shooting each other in the game. Each time a player is shot in the game, in-game tokens are transferred from the balance/score of the play that was shot to the shooter’s balance/score.
• Fast transaction gaming (FTG) is a new form of play-to-earn (P2E) gaming involving rapid transactions between players. Player-to-player transactions are based on game events – such as a player being shot by another player.
• Hotshot’s first Alpha Play Day will be in November 2024 and will be announced imminently. Players can already register for the Alpha Play Day at https://www.hot-shot.io/

Hotshot is an online multi-player game of skill where each player can shoot other players to earn in-game tokens from them. Each time a player is shot in the game, tokens are transferred from the balance/score of the player that was shot to the shooter’s balance/score.

Players can sign into the game by email or by signing in with their blockchain wallet.  To play Hotshot, players need to purchase in-game tokens, with each token representing the right to play. Players can purchase in-game tokens in standard amounts of USD $10, USD $20 and USD $50. In-game tokens can be purchased either by credit or debit card, or, by making a crypto asset transfer. Rapidfire plans to accept crypto asset payments on Ethereum, Polygon, Optimism, Arbitrum and Tron blockchains with the following tokens / base currencies ETH, USDT, USDC, MATIC, TRX, SHIB, LINK, OMG, DAI, BAT, UNI, MANA, SAND, AAVE, PEPE, GRT, APE, CHZ, SUSHI, FTM, 1INCH, STORJ, WBTC, IMX, ARB, OP, LPT.

In Hotshot, players enter one of five playground maps to battle against up to 40 players in total. The battle begins – when a player shoots another player, the hit value of, for example, $1 is transferred from the shot player’s balance to the shooter player’s balance. 

Rapidfire Unicorn’s patented Fast Transaction Gaming (FTG) systems enable new types of Play-to-Earn gaming with high earning potential for skilled gamers.

Each available Game playground has an advertised hit value of either $1, $2 or $5 worth of in-game tokens.

Players can take out their winnings, by redeeming their in-game ‘tokens’ for funds and withdrawing such funds from the Game to the credit/debit card or blockchain wallet used initially to purchase in-game tokens and the right to play.

Hotshot can be played in any modern Web browser, both on PCs and on mobile devices. Hotshot will be available in most countries of the World. 

A spokesperson for Rapidfire Unicorn commented: “This is the advent of GigE Gaming. Fast Transaction Gaming (FTG) brings a new economic dimension to gaming. We cannot wait to see the reaction of gamers when they get to try Hotshot this November!”

The first Alpha Play Day will be held in November. The actual date will be announced soon on Hotshot’s social media channels. On Alpha Play Day, the first 300 players to play Hotshot will receive USD $20 worth of in-game tokens for free. Hotshot in-game tokens are redeemable for real cash or cryptocurrencies.

Follow news about Hotshot on these social media channels:

X: https://x.com/PlayHotshot

Facebook: https://www.facebook.com/profile.php?id=61566622851528

Instagram: https://www.instagram.com/playhotshotgame

TikTok: https://www.tiktok.com/@playhotshot

Twitch: https://www.twitch.tv/playhotshot

YouTube: https://www.youtube.com/@PlayHotshot

Telegram: t.me/playhotshot

LinkedIn: https://www.linkedin.com/company/rfuni/

Rapidfire Unicorn Web Site: https://www.rfuni.com/

Hotshot Game Web Site: https://www.hot-shot.io/

For further information please contact the Rapidfire Unicorn Press Office at https://www.rfuni.com/

About Rapidfire Unicorn Ltd.

Rapidfire Unicorn Ltd. is a London-based games studio that develops games, gaming technology and intellectual property focused on fast transaction gaming (FTG). The team behind Rapidfire Unicorn spans from 1980s microcomputer game veterans through to modern online games designers that have been responsible for producing over 40 past games titles.

Trivolve Tech, a blockchain and AI product studio and Quixy, a leader in no-code/low-code enterprise solutions, , have officially partnered to co-develop cutting-edge forensic management systems for state governments across India. This collaboration aims to revolutionize the handling and integrity of forensic evidence by integrating Cardano blockchain technology and Zero-Knowledge Proofs (ZKP) into evidence management systems.

The project will initially focus on the Uttar Pradesh state government, which handles over one million forensic cases annually. The key objective is to enhance the forensic chain of custody—a process crucial for ensuring the authenticity and integrity of forensic evidence presented in court.

Addressing the Challenges in Forensic Evidence Management

Forensic departments in India face significant challenges in maintaining the chain of custody for evidence. Current centralized systems are vulnerable to tampering and unauthorized access, posing risks to the credibility of evidence in legal cases. The joint venture between Quixy and Trivolve Tech addresses these challenges by developing a decentralized solution leveraging Cardano’s smart contracts and Zero Knowledge Proofs. This approach ensures that every step in the chain of custody is immutably recorded on the blockchain, providing an unprecedented level of transparency and security.

Integrating Cardano Blockchain for Enhanced Security and Scalability

Cardano, one of the most decentralized and sustainable blockchain platforms, will be integral to the forensic management system through its cryptographic hashing. Cardano operates on a proof-of-stake (PoS) consensus mechanism, which makes it 99.99% more energy-efficient than Bitcoin and Ethereum. This sustainability, coupled with security, positions Cardano as an eco-friendly option for large-scale projects like this one.

Rahul Konudula, CEO of Trivolve Tech, commented, “By integrating Cardano blockchain with forensic management, we are providing a game-changing solution that improves transparency, accountability, and security for law enforcement agencies. This collaboration could set the standard for forensic evidence management across India’s 28 states and 8 union territories.”

About Quixy

Quixy is a no-code/low-code platform that helps organizations automate business processes and build enterprise applications faster with fewer resources. With over 26,000 no-code apps and 200,000 users, Quixy is one of India’s leading software companies.

About Trivolve Tech

Trivolve Tech is a product development studio solving real-world problems through Blockchain and AI. They integrate blockchain into enterprises and government operations, driving innovation and sustainable growth while enhancing liquidity by tokenizing Real World Assets.

For more information, please visit:
Quixy – https://quixy.com/

Trivolve Tech – https://trivolvetech.com/

RateX Goes Live on Solana Mainnet on 17th Oct 2024. RateX, the world’s first leveraged yield exchange, has officially launched on the Solana mainnet, marking a significant milestone in the decentralized finance (DeFi) space. Built with innovation at its core, RateX enables users to trade synthetic yield tokens (YT) of various yield-bearing assets (YBA) with leverage of up to 10x. This powerful platform introduces groundbreaking solutions to maximize capital efficiency, while addressing common DeFi challenges, such as impermanent loss and limited yield-trading opportunities.

RateX, a proud recipient of a grant from the Solana Foundation and the first-place winner of the Solana Renaissance Hackathon (MCM), aims to push the boundaries of decentralized finance. The platform’s unique value proposition comes from its use of synthetic yield tokens, which track the yield of different assets and allow traders to take positions with leveraged exposure. This gives users more flexibility and opportunities to capitalize on fluctuations in yields, empowering them to generate higher returns on their investments.

The introduction of RateX also brings a cutting-edge Time-Decaying Automated Market Maker (AMM) to the forefront. This AMM is designed to improve capital efficiency while reducing the risks traditionally associated with liquidity provisioning, particularly in expiring contracts. The mechanism minimizes the potential for impermanent loss—a common issue for liquidity providers (LPs) in volatile markets—and aims to eventually eliminate it altogether. As a result, RateX offers a more robust and rewarding environment for both traders and liquidity providers.

In addition to its leveraged yield trading capabilities, RateX caters to users looking for stability by providing fixed-yield options. These options allow users to lock in specific yields over a predetermined period, offering more predictable returns compared to the highly variable DeFi market. Whether traders are seeking high-risk, high-reward opportunities or more stable, consistent gains, RateX provides an ecosystem that accommodates diverse trading strategies.

Key Partnerships with Jupiter and Jito

Further bolstering its platform, RateX has announced strategic partnerships with two prominent players in the Solana ecosystem—Jupiter and Jito. These partnerships not only strengthen RateX’s technological infrastructure but also extend its reach within the DeFi and staking communities.

Jupiter, one of the largest decentralized trading platforms on Solana, is known for its high liquidity and strong governance framework. With an extensive community and a focus on enabling smooth cross-asset trading, Jupiter plays a pivotal role in bringing liquidity to the RateX platform. This partnership ensures that RateX users will benefit from deep liquidity pools, efficient price discovery, and seamless execution of trades. Jupiter’s active governance community also opens the door for collaborative development efforts, allowing RateX to evolve in line with community-driven innovations.

On the staking side, RateX has joined forces with Jito, the leading liquid staking platform on Solana. Jito’s expertise in liquid staking will enhance RateX’s offerings by providing users with access to staking-derived yield-bearing assets. By leveraging Jito’s technology, RateX can integrate liquid staking into its synthetic yield ecosystem, offering even more diverse options for traders to earn yield. With this partnership, users can expect enhanced staking efficiency, better capital utilization, and a broader range of yield-bearing assets available for leveraged trading.

A New Era for DeFi: RateX as a Pillar of Infrastructure

The launch of RateX comes at a time when the DeFi sector is evolving rapidly, and the demand for more sophisticated financial products is higher than ever. By pioneering leveraged yield trading and forming key partnerships with Jupiter and Jito, RateX is positioning itself as a crucial pillar of the Solana ecosystem and DeFi infrastructure at large. RateX’s mission is to redefine how yield movements are traded, making the entire process more efficient, transparent, and accessible to both seasoned traders and new entrants to the space.

As the world’s first leveraged yield exchange, RateX is primed to play a central role in shaping the next phase of decentralized finance, often referred to as the “next DeFi summer.” With its innovative platform, strong partnerships, and focus on capital efficiency, RateX is setting the stage for a new era of financial freedom and opportunities for DeFi enthusiasts worldwide.

Learn more about RateX and join the future of decentralized finance:

Website: rate-x.io

Twitter: RateX_DexDiscord: RateX Community