In a tweet posted by Axie Infinity late Thursday, a lucrative land plot within the monster-battle fantasy nonfungible tokens, or NFTs, game sold for 550 ETH ($2.3 million). Axies are creatures that users command to duel other players, battle enemies, and complete daily quests. They are also NFTs can be bred (minted), bought, and sold freely.✨A Genesis Land Plot just sold for … [Read more...] about Axie Infinity virtual land slot sells out for 550 ETH
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Acala wins Polkadot’s first parachain slot with over 32 million DOT staked
DeFi protocol Acala has won the first-ever Polkadot parachain auction on Thursday. The platform raised a total of 32.5 million DOT from 81,000 contributors, worth over $1.3 billion at press time.With over 32M DOT contributed by over 81,000 community members, Acala has won the first parachain auction on @Polkadot!Thank you to everyone who took part in this historic event. (1/3) … [Read more...] about Acala wins Polkadot’s first parachain slot with over 32 million DOT staked
Composable wins 13th Kusama parachain slot for ‘Picasso’ network
Composable Finance has won the 13th parachain slot on Kusama, the ‘canary’ for the Polkadot blockchain. The team is developing a parachain on Polkadot (first being architected under the name ‘Picasso’ on Kusama, Polkadot’s Canary Network) that aims to underpin the entire ecosystem and provide enhanced access and utility to parachains.“You, the community have all shown your … [Read more...] about Composable wins 13th Kusama parachain slot for ‘Picasso’ network
DeFi hub Karura emerges as first Kusama parachain slot auction winner
Karura network has emerged as the winner of the maiden Kusama parachain slot auction.According to an announcement issued on Tuesday, Karura pulled support from over 15,000 entities who staked Kusama (KSM) tokens in favor of adding the decentralized finance hub as the first Kusama parachain.In total, Karura locked up over 5,000 KSM currently valued at $90 million based on the … [Read more...] about DeFi hub Karura emerges as first Kusama parachain slot auction winner
Another first for Polkadot as Kusama council approves first parachain slot auction
The Kusama council has passed Motion 310 confirming the start of the first slot auction on the Kusama network.According to details shared on the Polkadot governance platform Polkassembly, 13 out of the 19 “seats” on the Kusama council voted in favor of commencing the slot auction process.Source: PolkassemblyAs previously reported by Cointelegraph, Polkadot and Kusama co-founder … [Read more...] about Another first for Polkadot as Kusama council approves first parachain slot auction