Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
KAYO on Tezos: Where ‘Street Fighter’ and Strategy Converge
The Tezos blockchain is setting the stage for a new entrant in the gaming realm: KAYO. Touted as the intersection of “Street Fighter and strategy,” KAYO is poised to redefine gaming experiences for its users.
By:
11 September 2023
Disclaimer
Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.
Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.
User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.
Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.
Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.
The Tezos blockchain is setting the stage for a new entrant in the gaming realm: KAYO. Touted as the intersection of “Street Fighter and strategy,” KAYO is poised to redefine gaming experiences for its users.
⚡️Introducing KAYO, the upcoming video game built on Tezos. ⚡️Street Fighter meets strategy in a never-seen-before simulation game. #KAYO#Tezospic.twitter.com/wpyRkMqR12
KAYO invites players into the dynamic role of a coach, wherein they’re tasked with recruiting AI-powered fighters, each boasting unique DNAs, abilities, and personalities. The game’s essence revolves around unraveling the latent potential of these fighters, fine-tuning coaching strategies, and clashing against other players in nail-biting tournaments.
In the rapidly evolving landscape of blockchain gaming, KAYO is not about just gameplay but also player dedication. True to its ethos, KAYO is introducing a unique feature that merges the world of competitive gaming with blockchain’s transparent mechanics: provably fair tournaments.
Ilan Nabeth, Chief Executive Officer of KAYO stated:
“Today, I’m super excited to reveal KAYO! In KAYO, you are a scout on the lookout for the next top-tier fighter. You welcome new apprentices and analyze their unique DNA, personality, and skills. Coach them, define a winning strategy, and triumph in PvP tournaments!”
Provably fair systems leverage blockchain technology to ensure that outcomes, be it in games or digital contests, are verifiable and transparent. By integrating this concept, KAYO ensures that every battle, every match, and every showdown is undeniably genuine and hasn’t been tampered with, offering a level playing field to all participants.
But the game doesn’t merely stop at ensuring fairness. It goes a step further by setting real stakes in its tournaments. This design encourages players to immerse themselves, strategize meticulously, and hone their skills, for the rewards are tangible and significant. With every tournament they compete in, every battle they wage, and every strategy they refine, players stand to gain more. This dynamic creates a rewarding cycle: “The more you fight, the more you learn, the more you earn.”
In the gaming world, where commitment often translates to hours of gameplay without concrete rewards, KAYO is reshaping the paradigm. By tangibly rewarding commitment and skill, the game ensures that dedicated players get their due, making every second spent in the game not just an entertaining experience, but also a potentially rewarding endeavor.
KAYO also stands out for its unique gameplay mechanics. Fighters aren’t just virtual entities; they come with concealed strengths, weaknesses, personalities, and abilities. Players are encouraged to meticulously analyze their fighters’ performances to unlock their full prowess. As the game advances, fighters can acquire new moves, or even earn by imparting their skills to novices. The fusion feature is yet another highlight, enabling players to blend two fighters, thereby spawning unparalleled abilities and procedurally designed skins.
For those drawn to the aesthetics, KAYO offers digital 3D cards. These tokens, capturing fighters with distinct patterns and rarity levels, are underpinned by immutable blockchain attributes, underscoring their unique abilities and personas.
Leaders Behind the Vision:
Ilan Nabeth, CEO: An alumnus of Homa Games and a former venture capitalist at Headline, Ilan’s credentials include being part of a gaming venture that achieved over 200M downloads. Today, his focus is steering the future of gaming intertwined with the nuances of digital ownership.
Maxime Niankouri, CTO: Renowned as a tech all-rounder, Maxime’s experience ranges from AI-enhanced financial tools to advanced nuclear sensor developments. As a game developer, he has a successful indie game to his credit, launched in a mere two months, and an impressive record in white-hat hacking for smart contracts.
Costantino Carrega, CPO: With roles like Head of Publishing at Boombit and VP Product at TapNation under his belt, Costantino’s current aspiration is to tap into the transformative potential of blockchain in the gaming universe.
For those keen to know more, they can dive deeper into the KAYO Wiki. And if you’re looking to be a part of this revolutionary journey, PlayMakers is on the lookout for talent.
An Opportunity for Early Adopters
The @Tezos tweet has further fueled excitement by announcing the search for 50 Alpha testers for KAYO. These early testers will not only get a firsthand experience of the game next week but will also gain access to exclusive content upon the game’s release. Given the anticipation surrounding KAYO, this opportunity is likely to see a surge of applicants eager to embark on this innovative gaming journey.
The studio behind the game is selecting 50 early testers who will try the game next week. Gamers will access exclusive content at the game’s release. ✍️Apply here! https://t.co/D68MppQBqk 🚨*All candidates must submit their candidacy before September 17th*
The Tezos Foundation has awarded three new gaming grants, supporting the development of blockchain-based gaming. The recipients, TapNation, Dragon Ninja, and Heroes of Holdem, are set to bring innovative gaming experiences to the Tezos blockchain. Additionally, Etherlink has announced a new partnership with BattleRise, further expanding blockchain gaming opportunities.
The report notes a substantial 558% increase in active gaming addresses quarter-over-quarter, reaching 97,000 in Q1 2024. This surge underscores the growing interest and engagement in gaming applications on Tezos. Messari observed that “active gaming addresses surged by 558% QoQ, reaching 97,000 in Q1 2024.”
Stables, the Paris-based Web3 Equestrian Fantasy Game, has appointed venture capital veteran Lebnan Nader as Chief Executive Officer. Lebnan Nader, who had founded and run several gaming and technology businesses, will oversee an international expansion as Stables seeks to add horses and attract owners from outside its French home market.
Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.
Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.
User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.
Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.
Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.
Upload Article
Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at info@xtz.news. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.
London-based Tezos ecosystem development firm Trilitech has introduced Uranium.io, a new marketplace offering tokenized uranium backed by physical uranium oxide (U3O8), commonly known as “yellowcake.” The platform operates on Etherlink, an Ethereum Virtual Machine (EVM)-compatible layer-2 network built on top of the Tezos blockchain.
The Museum of the Moving Image (MoMI) and the Tezos Foundation have just announced the finalists for the Community Curation exhibition, which was shaped entirely by public vote. The three finalists—Rodell Warner, Anna Malina, and Ceren Su—were chosen from a shortlist of ten artists nominated by blockchain art…
IguanaDEX, a new decentralized exchange (DEX), has officially launched on Etherlink, the Tezos Layer 2 rollup network. The platform enables users to trade and earn cryptocurrencies without relying on centralized exchanges or intermediaries.
