Nine Chronicles blockchain RPG launches public alpha – Sign ups surpass expectations

Nine Chronicles, an RPG developed by Ubisoft-backed, Planetarium released its public alpha today. This is the first game that Planetarium has released, and it runs on its own blockchain network.

Apparently, the alpha is in demand as there are people begging for invites to the game on their official discord. A channel moderator, Naomi Nam, apologized for a user who hadn’t received an invite, saying, “Sorry, we didn’t expect many people to sign up after the start of Public Alpha.” Another Planetarium staff member told Cryptocult that they saw more than double the expected sign-ups upon release.

The game is a side scrolling, hack-and-slash RPG that promises dungeons, crafting, trading and PvP. It is not a massively multiplayer RPG, but users will be able to battle each other and cooperate in an open economy. Nine Chronicles is tokenized and the name of the token in “Gold.”

“Nine Chronicles has Gold as a main coin. You can use it for combining materials and trading. Players can earn the gold by mining blocks or selling items to market,” Jaehyun told us on Discord.

Many blockchain game developers opt to build on blockchain platforms that are widely known, like EOS or Ethereum, but Planetarium believes that each game having its own blockchain network will help avoid governance issues.

“Decisions about the game are to be determined by the needs of the games, not by the platform. We should define the game first, not the blockchain underneath it,” Planetarium CEO told Coindesk.

Planetarium expects the game to be appealing to people who like to modify the worlds they play in. From the start, all coding will be open source and users will be able to share designs through GitHub. The team cites Blizzard’s control over games as a hinderance towards creativity, but many triple A games censor user created content.

 

 

 

How to convert Bitcoin to Ethereum on Cash App

Cash App is making crypto accessible to tons of new users, but right now they only have support for one token. Sadly, Bitcoin’s top contestant, Ethereum isn’t supported on Cash App, but it’s still pretty easy to convert your tokens thanks to the Withdrawal feature. With that said, here’s everything you need to know to turn Bitcoin to Ethereum from Cash App.

Read moreHow to convert Bitcoin to Ethereum on Cash App

HEX is a scam and Bitcoin.com loses credibility for listing it

Yesterday, Bitcoin.com’s exchange announced that HEX would be listed on their platform, noting that they were thrilled about the inclusion. HEX refers to their appeal as “the first high interest blockchain certificate of deposit.” Essentially, users exchange their tokens for HEX, which promises more returns than any other coin because all anyone can do is stake it.

Even after only reading the sentence above, you should be able to tell why people are calling this a scam. If something promises more money with less work, and has no other fundamentals, it is probably too good to be true. Regardless, here’s a bit of background info on Bitcoin.com, HEX, and why they are collaborating.

Bitcoin.com is sketchy 

We have done an analysis of Bitcoin.com’s history in an attempt to give new users of the space a resource to verify its legitimacy. Because of how we are conditioned in a world full of corporations, it would be natural for people wanting to learn about Bitcoin to go to Bitcoin.com. As crypto enthusiasts know, Bitcoin isn’t owned by a single entity and therefor has no one official URL.

Roger Ver acquired Bitcoin.com early in Bitcoin’s existence, tried to sell it to various people with no success, then decided to take it into his own hands. Since then, the site has been loaded with links to casinos, a lack-luster exchange, a LocalBitcoins rip-off and most importantly, Bitcoin Cash links everywhere.

I’m not here to say whether Bitcoin Cash is a solid project or not, but people learning about crypto would expect that to be all over bitcoincash.com rather than Bitcoin.com. When users buy crypto with cash on Bitcoin.com, the purchase defaults to Bitcoin Cash. Almost every news article on the site finds a way to plug Bitcoin Cash and Ver is very transparent about his preference of Bitcoin Cash over Bitcoin.

So, there are two easy conclusions that anyone can make about Bitcoin.com: It fishes for naive people looking for information on Bitcoin and shills Bitcoin Cash to them, and it is not close to a representation of the Bitcoin community in any way.

HEX is even more sketchy

HEX is founded by a YouTuber and investor who goes by the name Richard Heart. He is an excellent salesman and his followers look towards him for financial guidance as he wears a diamond chain with a hand gripping cash during his videos.

He is also the only person who pitches HEX, which claims to be the first high interest blockchain certificate of deposit. The main idea behind the token is that people exchange their crypto for HEX, which will be mostly staked until a date referred to as “the big pay day.”

There are no mentions of what HEX can accomplish in terms of fast transactions or utility, only that it will make anyone who buys it early rich. Originally, the HEX website said that it was designed to give everyone 10000x return, but has since been changed to “increase in value faster than anything else in history.”

Just like BitConnect, the coin capitalizes on crypto enthusiasts dreams of high returns. There are protocols in decentralized finance where you can lock value and get returns upwards of 10% APR, but even with that return, users are taking on risk. There is always some sort of risk to reward and Heart presents HEX as pure rewards with a lack of fundamentals.

The most obvious risk here is that HEX buyers will be handing over their Bitcoin private keys, Ethereum for a coin that they won’t be able to sell if the price crashes.

Why are Bitcoin.com and HEX working together?

On the same day that Bitcoin.com Exchange listed HEX, Ver and Heart had an hour long discussion on YouTube that included topics like Bitcoin Cash and HEX. There was essentially no criticism about HEX from Ver and no criticism about Bitcoin Cash from Heart.

Ver spends a lot of time on social media promoting Bitcoin Cash, and possibly sees keeping Heart accessible as a good thing for his business endeavors. Bitcoin.com is nowhere to be found on CoinMarketCap and could use a bit of help through influencers. The tweet below is an example of their bad press.

Furthermore, Ver is one of the only people defending the integrity behind HEX. Today, he posted on Reddit,

“HEX looks like a very BAD investment, but I don’t see how there is a scam involved.”

This in itself is ironic because the whole purpose the coin is to be a good investment. If a friend of the coin’s creator and lister of the coin says that the coin which is designed to bring high returns is a bad investment, it’s probably time to exit before they exit on you.

How to withdraw BAT from Brave Browser and turn it into cash

In order withdraw the BAT (Basic Attention Token) you earned from Brave browser, you will need to verify your identity. This is because of something known as Know Your Customer (KYC) regulations that help the government track money. It’s something that is frowned upon by crypto enthusiasts who value privacy, but is necessary for companies to be in good terms with particularly the US government.

How to enable BAT withdrawals through Brave 

So, if you want to withdraw your BAT and allow it to be exchanged for cash, you will have to start at the “Brave Rewards” screen.

Brave BAT withdrawal page

  1. On the top right of side of the browser, there is a menu tab. Click it and then click “Brave Rewards.”
  2. Next to your BAT total, there is a button that says “Verify Wallet,” click that.
  3. Afterwards, it will take you to uphold.com where you enter personal information
  4. Enter your address, phone number, etc. then it will ask you to scan a QR code on your phone
  5. Open your phone’s camera and point it at the QR code
  6. Make sure to either have a passport, ID card or Drivers License, then take a picture of it and upload it to uphold.com

KYC requirements

The Verification process usually takes 24 hours during business days, but it could take longer than that.

How to turn BAT into cash 

Uphold allows users to connect bank accounts as well as crypto wallets, so on their website all you will need to click is “send to bank account.” Ofcourse, you will have to set up your bank account which requires a routing number, account number and more verification time.

Once you select how much BAT you would like to send to the bank account, simply confirm the transaction. Before it is officially deposited, you will be charged an exchange fee of around 2%, and you will have to wait for your bank to accept the transaction, which can take up to 24 hours.

Uphold

Bitcoin finally makes its way to a viral TikTok video

TheWolfofBitcoins posted a Bitcoin themed TikTok video two days ago that has garnered over 1 million views. The video was him walking into a room filled with GPUs as the popular ‘lalala‘ by bbno$ and y2k song  played in the background. He captioned it, “This is why GPU prices went up.”

 

I’m not sure if this is a testament to more crypto enthusiasts using TikTok or PC fans. You can look at the TikTok’s popularity in two ways, either people are jealous of the huge mining rig or just impressed that he has that many GPUs.

Either way, the video came off to me as a bit outdated as GPU prices have come down in recent years, and the supply has risen. In modern times, ASICs, or chips specialized for solving mining algorithms have gained popularity and are highly competitive in performance. People definitely still use GPUs, but they are not the only option as they once were.

This is so much the case that the Ethereum community is considering implementing a change to their mining algorithm that makes more use of GPUs than ASICs, so that casual PC users don’t have to invest as much capital to start mining.

Ofcourse, a TikTok video like this won’t pump the price of Bitcoin, but maybe it will get some younger minds wondering about how mining affects the economics of their computer parts. Either way, it’s cool to see something like this with over a million views.