Weekly Developments in the Cryptocurrency World
As another week passes in the cryptocurrency world, innovations, airdrops, and new listings from significant projects over the weekend draw attention. Between September 7-8, 2024, many blockchain projects took various steps to attract the interest of investors and altcoin enthusiasts. Here are some notable events that stood out during this period:
Noteworthy Developments for Altcoin Projects
- On September 7, 2024, BRN Metaverse, behind the altcoin BRN, announced the launch of the closed beta version of the game titled “Endless Ranger Awakening.” This version, long awaited by gamers, is considered an important milestone in the metaverse-based gaming experience. The closed beta process provides players with the opportunity to test the game’s development and early access, further increasing expectations for the project.
- From September 1-7, 2024, the Korea Blockchain Week (KBW) held in Seoul stands out as one of the largest events in the crypto and blockchain industry. This year, the latest trends, innovations, and projects in Web3 and blockchain technology were showcased at this festival. KBW, an important platform for developers, investors, and technology enthusiasts, offers significant insights into the future of the industry. Today is the last day of the event.
- On September 7, Access Protocol (ACS) will hold an AMA (Ask Me Anything) session to engage with the community.
- On the same day, Flux (FLUX) will conduct a community update at 13:00 UTC, which will be supported by a live demo of the FluxAI Beta version.
- Neon (NEON) unlocked 53.9 million NEON tokens, which corresponds to 93.43% of its total circulating supply on September 7, 2024. This significant unlocking event may trigger liquidity movements and price fluctuations within the project. Such large-scale token unlockings in the crypto world are typically closely monitored by investors, as they have the potential to exert pressure on prices.
- Self Chain (SLF) was listed on the BingX exchange with the SLF/USDT trading pair on September 7. This new listing allows investors easier access to the project while drawing attention to SLF as a project with growth potential.
- Neiro on ETH (NEIRO) began listing on the Crypto.com platform as of September 7, 2024. Users now have the opportunity to buy and sell NEIRO tokens with USD, EUR, and over 20 other fiat currencies. This move is said to enable Neiro to reach a broader user base and is considered an important milestone for the project.
- On September 7, Bitcoin SV (BSV) blockchain announced a new SDK (Software Development Kit) for Python developers. This SDK will enable developers to create faster and more efficient applications on the BSV blockchain. Given Python’s extensive developer community, this step is expected to contribute significantly to the BSV ecosystem.
- Nakamoto Games plans to launch the Stake2Earn program on or before September 8, 2024. This program offers sustainable staking opportunities to NAKA altcoin holders while aiming to increase interest in the Nakamoto Games ecosystem. Additionally, the first phase of the Tap2Earn program will also be launched during the same period.
- Core DAO has begun the dApp discovery process as part of the CoreIgnition program, which will continue until September 11, 2024. This program allows developers to create new applications within the Core ecosystem and is seen as an important step contributing to the growth of Core DAO.
