NanoQuake: New Trailer Released

Nuno Teodoro

NanoQuake, the new project from the Nano Center, released a new official trailer on Tuesday, December 11.

NanoQuake is based on the popular Quake video game. More precisely on Yamagi Quake 2, an improved fan-made version of the original Quake 2.

Using financial incentives to encourage people to play, the pioneer project is looking to showcase how in-game microtransactions are possible with Nano. Using block lattice technology, Nano’s network is able to process transactions rapidly and without any fees.

The project started out with community members from Nano Center hacking the quake 2 source code, allowing players to enter in a Nano address in the configuration of the game. Currently in beta stages, the video game offers gamers the opportunity to earn Nano based on their skill.

How does it work?

For each game, there is a faucet that rewards players with 0.01 Nano just for playing. On top of that, players can earn more based on their skill.

For every game there is an optional buy-in of 0.1 Nano. The buy-in from all players is put into a jackpot, called “Kitty”. Players will then be able to earn a small amount of Nano for each kill. Furthermore, the “Kitty” pot is distributed at the end of each game among the three best players (3rd place gets 10%, 2nd place gets 30%, and 1st place gets the rest).

The jackpot account is public, making it possible for fans watching on the Twitch platform to contribute to the prize pool.

The game currently has a small player pool and is being tested and developed by a group of volunteers. CryptoGlobe spoke to the main developer of the project, Jayycox:

“The best way to look at it is as a kind of automated esport tournament, players pay an entry fee and the top 3 split the jackpot. We don’t see this as gambling as it is based on skill but advise players to consult their local laws.”

If you’re interested in becoming part of the project make sure to visit the Discord channel.

Just How Did Binance Coin (BNB) Manage to Go Up in Value Over 236% in 3 Months?

On Thursday (April 18), the very strong Binance Coin (BNB) price rally that started roughly three months ago continued, with Binance's announcement about the mainnet launch of Binance Chain causing the token's price to increase another 12% to $21.78, bringing it even closer to its all-time high of $24.46 (reached in January 2018).

Let's start by looking at the three-month price chart for BNB:

BNB - Three Month CC Chart - 18 Apr 2019.png

According to CryptoCompare, BNB-USD went up from $6.48 on January 18 to $21.78 on April 18, i.e. an increase of over 236%.

What is behind that this highly impressive performance?

In short, tons of good news about Binance! Here are the main highlights:

Now, to get a better idea of the effect of today's announcement about the launch of the Binance Chain mainnet, we need to look at the 24-hour price chart for BNB:

BNB - 24 Hour CC Chart - 18 Apr 2019.png

The two big spikes you see in this chart, one around 07:00 (UTC + 03:00) and the other around 16:00 (UTC + 03:00) correspond to the following tweets from the Binance account:

 

Featured Image Credit: Photo by "xresch" via Pixabay.com