China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

Play To Earn Games | 11 Apr 2024 08:56 UTC

In a decisive move, the Chinese central government has unveiled plans to craft a strategic document aimed at guiding the evolution of China's Web3 ecosystem. The document is set to foster the growth of Web3 technologies, including non-fungible tokens (NFTs) and decentralized applications (DApps), signaling a significant leap into the future of the digital landscape.

1. Government's Vision for Web3 Development

The announcement, conveyed through a letter from China's Ministry of Industry and Information Technology, highlights key areas of emphasis, including cross-chain interoperability, privacy computing, and smart contracts. This strategic initiative is a result of the government's proposal on Web3 industry development receiving positive feedback.

Key Focus Areas

The government's roadmap includes a commitment to strengthen technical research and supervision, with a focus on supporting research institutions in exploring cross-chain interoperability, privacy computing, and smart contracts. Blockchain security, supervision, and governance are identified as priority areas, alongside the exploration of alliance chain technology convergence and enhanced data security.

International Collaboration

Moreover, the government aims to foster international exchanges and cooperation, actively participating in global standardization activities related to Web3. This move underscores China's ambition to increase its international influence and rule-making power in the Web3 development sphere.

2. Public Awareness and Academic Support

To enhance public understanding of Web3 technologies, the government plans to leverage science popularization platforms, promoting awareness of distributed digital identity and digital asset management. Active support for academic progress and technological achievements is also outlined to drive innovation in the Web 3.0 industry.

3. Web3 Applications Across Various Sectors

China has been actively deploying Web3 applications across various sectors, including healthcare, education, and tourism. The government's collaboration with different departments has resulted in successful blockchain innovation pilot initiatives, yielding tangible use cases in energy, copyright protection, rule of law, and trade finance.

Standardization Efforts

The prioritization of standardization has led to the establishment of the National Blockchain and Distributed Accounting Technology Standardization Technical Committee, which has already released China's first domestic standard, the Blockchain and Distributed Accounting Technology Reference Architecture.

Independent Alliance Chains

The exploration of emerging concepts like Web3, Metaverse, and NFTs has gained momentum in China. Independent alliance chain platforms, including Changan Chain and Ant Chain, have been established to drive technological advancements and foster partnerships in the industry.

4. RealDID: Blockchain for Identity Verification

In a parallel development, China has also unveiled plans to leverage blockchain technology for the verification of the real-name identities of its vast population of 1.4 billion people. Users can register for and log in to websites anonymously using decentralized identity (DID) addresses and private keys thanks to the RealDID initiative, which China's Ministry of Public Security is leading in collaboration with the Blockchain-based Service Network (BSN). This innovative approach ensures the disconnection of personal information from business data and transactions.

5. Conclusion: A Multifaceted Approach to Web3 Development

China's multifaceted approach to Web3 development signifies a robust commitment to technological advancement, innovation, and global leadership in the rapidly evolving digital landscape.

FAQ Section

Q1: What is the key focus of China's Web3 strategy?

A1: China's Web3 strategy focuses on fostering the growth of technologies such as NFTs and DApps, with an emphasis on cross-chain interoperability, privacy computing, and smart contracts.

Q2: How is the government promoting public awareness of Web3 technologies?

A2: The government plans to use science popularization platforms to promote awareness of distributed digital identity and digital asset management.

Q3: What sectors has China deployed Web3 applications in?

A3: China has deployed Web3 applications in various sectors, including healthcare, education, and tourism.

Q4: What is RealDID, and how does it leverage blockchain technology?

A4: RealDID is an initiative for the verification of real-name identities, spearheaded by China's Ministry of Public Security. It enables users to register and log in to websites anonymously using decentralized identity (DID) addresses and private keys.

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps
China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

Stay tuned for further updates on China's Web3 development by following our website. Engage with us on social media to join the conversation and share your thoughts on the future of Web3 in China.

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BoomLand - NFT Game Review

BoomLand - NFT Game Review

BoomLand is not actually a game rather it is a decentralized platform where the NFT/Cryptocurrency gamers and the developers of the game will be able to directly interact in order to create a stronger Web3 community of the future. So. the goal is to use the available NFT gaming community towards building a Decentralized Autonomous Organization to further the cause of metaverse and NFT games. This will help create advanced NFT games with better graphics, gameplay, tokenomics, etc. Moreover, the vision of the project is to create a platform of the people, for the people, by the people, that is accessible to everyone. The BoomLand metaverse will consist of many games on the platform using unified collective tokenomics. One of the first games under the platform called “Hunters On-Chain” is receiving positive reviews. Besides, the platform will hold its own Metaverse, tokens, play-to-earn ecosystem, and marketplace. The platform would empower the developers and gamers to earn money through $BOOM and $BGEM tokens. Finally, BoomLand is a promising project of the highly regarded game developers BoomBit 200+ games and with over one billion downloads. This is being dubbed by critics as the future of blockchain gaming.

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BTC Nations - Play to Earn Gaming Review

BTC Nations - Play to Earn Gaming Review

"BTC Nations" is a play-to-earn web-based strategy blockchain game in which players can simulate their own nations and compete with others for domination in the BTC Nations universe. In this game, players can develop their own strategies and work towards achieving superiority over other nations. "BTC Nations" offers a unique and engaging gaming experience that combines elements of strategy and competition. "BTC Nations" is a free-to-play massively multiplayer online (MMO) game set in a persistent environment. The game allows players to interact with other real players who are also simulating their own nations. Every action taken in the game will have an impact on other players, as the game is designed to simulate real-world capitalism. "BTC Nations" offers a unique and immersive gaming experience that allows players to experience the dynamics of real-world capitalism in a virtual setting. In "BTC Nations," the in-game economic system, known as the tokenomics, follows the law of supply and demand in all transactions with other players. The in-game tokens are carefully designed to ensure that nothing is created out of thin air or disappears when purchasing an asset. This approach helps to maintain the integrity and stability of the in-game economy. Overall, the tokenomics of "BTC Nations" play a critical role in shaping the gameplay experience for players.

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Mighty Action Heroes - NFT Battle Royale - Game Review

Mighty Action Heroes - NFT Battle Royale - Game Review

Get ready for fast-paced, high-energy action with Mighty Action Heroes. This third-person, real-time multiplayer Battle Royale game puts an emphasis on fun, skill, and mayhem. As you fight to be the last hero standing, you'll need to rely on your quick reflexes, strategic thinking, and powerful NFT abilities. With a variety of characters and weapons to choose from, you'll have plenty of options for taking down your opponents. So why wait? Gather your team and join the battle today with Mighty Action Heroes! If you miss the excitement of collecting and playing with action hero figurines from your favorite cartoons, then Mighty Action Heroes is the game for you. This immersive fantasy realm allows you to bring your toys to life and experience the thrill of Dungeons & Dragons-style gameplay. The game pays tribute to the beloved action hero franchises of the past, including those from the 80s, 90s, 00s, and 10s. So whether you're a fan of classic characters or more modern ones, you'll find something to enjoy in Mighty Action Heroes. Join the battle today and relive the memories of those special Saturday mornings spent playing with your favorite action heroes. Mighty Action Heroes Gameplay: The game offers a bit of something for everyone whether you're a fan of pop culture, battle royale, a collector of action figures, an avid gamer, or just a user of Web3.0! You can earn rewards in the game for your talent and arena mastery! The game is completely developed from community responses. Additionally, Mighty Action Heroes, a collection* of larger-than-life NFTs based on well-known action heroes from Hollywood, Bollywood, Hong Kong cinema, and other films, will be used for the first time ever in a third-person video game. Most importantly, you won't have to connect any wallets or make any financial commitments in order to begin collecting Mighty Action Heroes on launch day. Each NFT will be a distinct, non-fungible token with distinctive qualities, including visual and non-visual traits. All Heroes will eventually be compatible with all supported games and social networks in the future.

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Scratch Lords - Game Review

Scratch Lords - Game Review

Scratch Lords is a play-to-earn game developed by Notre Games and Animoca Brands. It is the first Triple F game (Fight for Funds) and offers players the opportunity to earn rewards as they play. In the game, players can collect and train a team of fighters and battle against other players to earn rewards and climb the leaderboard. In Scratch Lords, players have the opportunity to collect NFT characters that are tradable in the designated marketplace. The game was developed by Notre Games and was acquired by Animoca Brands in June 2022 due to the innovative idea of a physical-virtual hybrid game model. With a unique combination of physical and virtual gameplay, Scratch Lords offers a unique gaming experience for players. Scratch Lords Gameplay: Scratch Lords is a visually appealing game that features 3D graphics and unique NFT characters. The gameplay combines physical "scratchable" paper cards with a virtual hybrid mode, similar to the Scratch Wars model. Players can participate in PvP battles with their unique NFT card heroes and have the opportunity to create their own NFTs from trading cards by scratching them. These cards can then be traded in the marketplace where Scratch Lords is supported. The card heroes can also be upgraded with equipment, weapons, and skills, allowing players to create powerful teams and fight for glory. Tokenomics Scratch Lords Game: NFTs in the game can be traded on the game's designated marketplace. The game token is scheduled to be released in Q3 2022, along with the first and second NFT drops. The Roadmap for the game indicates that the mobile version will be released in Q3 2022 and the PC version will be released in Q2 2023.

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BattleStar Galactica - Game Review

BattleStar Galactica - Game Review

Battlestar Galactica is a project that Revolving Games is still working on. Players can, however, expect a game set in the world of the popular sci-fi show to be immersive and exciting. Players will be able to try out a lot of different features and systems in the game, like being able to customize and fight with their own ships. With seasons that are like real life, there will always be new things to do and adventures to go on. The game Project Saturn, which is now called Battlestar Galactica, was made by Revolving Games, Gala Games, and Universal Games and Digital Platforms. It will be a hit with both fans of the series and gamers. BattleStar Galactica Review: Project Saturn is a new blockchain game that is set in the world of the popular science fiction television series Battlestar Galactica. The game is being developed by Revolving Games in partnership with Gala Games and Universal Games and Digital Platforms. It will feature the characters and storylines from the series, allowing players to immerse themselves in the world of Battlestar Galactica and participate in exciting gameplay and trading activities. The game is expected to be released in the near future, so fans of the series can stay tuned for updates on its development.

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Eternal Dragons - Collect Dragon NFTs - Game Review

Eternal Dragons - Collect Dragon NFTs - Game Review

Eternal Dragons is a Solana blockchain-based game that allows players to earn Eternium for their achievements. Players can collect special Dragon NFTs and use them across multiple games as they progress through the expansive realm of Eternal Dragons. Eternal Dragons is being made by a group of highly skilled and experienced game developers who have worked on popular games like Candy Crush Saga and The Sims, as well as games for companies like EA, King, and Microsoft. The first three Eternal Dragons games are a city-building game, an auto-chess battler game, and a 4X game. Because all of these games use blockchain technology, Eternal Dragons NFTs can be used in the whole franchise. The eternium currency is the center of the world of Eternal Dragons. It is needed to complete different missions in the game. You can earn Eternium by playing the game and use it to move forward and get access to new parts. In the world of Eternal Dragons, the eternium token can be used in a lot of different ways. It can be used to level up and heal dragons, breed new dragons, sign up for competitions, decorate town halls and other buildings, make resources, mine for resources, cast spells and potions, and teleport to new locations. This flexible in-game currency is important for players who want to move forward and reach their goals. In the game Eternal Dragons, players can rent out their dragons to make money without doing anything. The power and effectiveness of a dragon in battle depend on how rare it is. Dragons with rare genetics are highly sought after for breeding because their offspring could be very strong. A dragon is also useful in more than one game mode. For example, a dragon used in the game Chess Battler can also fight in the game 4X. This gives the game more depth and lets players get more use out of their in-game items. Economy Sustainability: The creators have made sure to design a sustainable economy using AI control. The game's AI dynamically controls the flow of new dragons Eternium. Moreover, a deep F2P economy is also in play which will ensure the consumption of these assets. Eternal Dragons NFT Ownership Benefits: Eternal Dragons NFT ownership comes with a variety of benefits, including unlimited breeding revenue, passive eternium generation from descendents, unique dragon appearances, and rare DNA makeup that grants additional power. Players can also rent out their dragons and receive in-game item airdrops and token airdrops. Pre-sale access to NFTs and $EDQ, early access to chapters, and exclusive invitations to virtual and in-real-life events are also available to NFT owners. In addition, holders have access to an alpha discord channel and receive discounts on merchandise.

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Parallel: Sci-Fi NFT Trading Card Game - Game Review

Parallel: Sci-Fi NFT Trading Card Game - Game Review

Today, we're diving headfirst into the parallel universe of "Parallel," a groundbreaking trading card game that's been making waves in the gaming community. Imagine a world where Earth has exhausted its energy, leading to a cosmic quest for survival, and you – yes, you – get to play a pivotal role in this captivating science fiction narrative. The Unique Charm of "Parallel" A Sci-Fi World Like No Other! "Parallel" stands out in the gaming realm for its fusion of captivating storytelling, strategic gameplay, and cutting-edge technology. Unlike traditional card games, "Parallel" introduces the concept of non-fungible tokens (NFTs), giving players true ownership of in-game assets. This means you're not just playing a game; you're building a digital collection that you can buy, sell, and trade without limitations. Immersive Open-World Experience: What sets "Parallel" apart is its open-world design. No longer confined to the tabletop, players can explore and interact with the game's universe in ways never before possible in traditional card games. It's like stepping into a vivid sci-fi landscape where every move you make influences the fate of humanity. Aesthetic Marvels and Compelling Storytelling: The creators of "Parallel" have poured their hearts into crafting a visually stunning experience. The non-playable characters (NFTs) are not just cards; they are intricate pieces of art that bring the science fiction setting to life. The game's story, set in a post-energy crisis Earth, unfolds with stunning visuals and an enthralling plot that keeps players hooked. Unraveling the "Parallel" Universe The Earth's Desperate Bid for Survival In the world of "Parallel," Earth faces an energy apocalypse, and scientists turn to anti-matter in a desperate attempt to save humanity. The consequences are dire, leading to the evacuation of some and the tragic demise of others due to radioactivity. As time passes, Earth regains its energy, but now it's a battleground between humans and the mysterious "parallels." Meet the Parallels The game features five distinct parallels – Earthen, Marcomalian, Augencore, Kathari, and Shroud. Each parallel represents a unique stream of human evolution with its own techniques and strengths. The parallels are vying for control of Earth, each driven by distinct philosophies and goals. It's a clash of civilizations, and you get to choose your side. Gameplay Unleashed To embark on your journey in "Parallel," you need a full deck of cards associated with one of the five Parallels. The game's flexibility allows you to mix and match cards from your chosen parallel to create custom decks that suit your strategic preferences. An Ethereum wallet is your gateway to storing the NFTs representing your in-game assets, enabling seamless buying, selling, and trading on any NFT platform. Frequently Asked Questions What Sets "Parallel" Apart? "Parallel" distinguishes itself with the use of non-fungible tokens (NFTs), providing players with true ownership of in-game assets. Unlike traditional trading card games, the freedom to buy, sell, and trade assets is unrestricted. Who Created "Parallel"? While specific details about the development team are not provided in this article, "Parallel" is the brainchild of a studio or group committed to delivering a unique and engaging gaming experience. How Do I Play? Playing "Parallel" requires a full deck of cards associated with one of the five Parallels. You can mix and match cards to create custom decks, and an Ethereum wallet is essential for storing your NFTs, as "Parallel" operates on the Ethereum blockchain. What's the Story Behind "Parallel"? "Parallel" unfolds in a sci-fi universe where Earth's energy crisis leads to exploration and the establishment of new civilizations. The use of anti-matter has unintended consequences, forcing humans to leave Earth. Now, with Earth's revival, a conflict brews with the enigmatic "parallels" co-inhabiting the planet. Platform Compatibility? The article doesn't specify the gaming platforms for "Parallel." Interested players should check official sources or the game's website for details on platform compatibility and download instructions. The Final Deal In summary, "Parallel" isn't just a card game; it's an immersive journey into a sci-fi world where every move shapes the destiny of Earth. The integration of NFTs adds a layer of ownership and freedom rarely seen in gaming. Whether you're a seasoned gamer or a collector looking for the next big thing, "Parallel" offers a unique and thrilling experience. So, gear up, choose your parallel, and let the cosmic adventure begin!

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Anomura: Dive Into the RPG That's Healing the World - Game Review

Anomura: Dive Into the RPG That's Healing the World - Game Review

Let me tell you about something exciting I recently discovered: Anomura. It's not just any game, but a groundbreaking strategy role-playing game that has genuinely piqued my interest. As someone who loves gaming and cares about the environment, Anomura stood out as a unique blend of fun, technology, and purpose. The Unique Concept: Play, Earn, and Contribute: The "Play to Earn" and "Play to Donate" Model. Anomura introduces a remarkable concept in the gaming world: "play to earn" and "play to donate." It reminds me of when I first learned about charitable giving through gaming – it was a novel idea that turned a leisure activity into a meaningful pursuit. Anomura takes this a step further by integrating blockchain technology and NFTs, offering a dual benefit – entertainment and the opportunity to contribute to environmental conservation. Making a Difference with Every Game: What really gets me excited about Anomura is its focus on making a positive impact. The game allows players to donate their in-game rewards to real-world environmental initiatives. It's a powerful way to engage with a game beyond just personal enjoyment. The Core of Anomura: A Deep Dive into the Gameplay: Tactical RPG Meets Blockchain Technology. Anomura is not just a game; it's an educational journey into the world of decentralized finance (DeFi). It cleverly uses the gaming platform to introduce players to concepts like staking and liquidity pairing. This approach is reminiscent of how I first learned about cryptocurrency – not through dense articles, but through engaging, interactive experiences. The Anomura Mystery Bowl: A Unique NFT Experience: The heart of Anomura lies in its 2,000 pixelated crab NFTs, residing on the Ethereum blockchain. These aren't just digital assets; they represent a secure and authentic part of the game's universe. For both seasoned gamers and blockchain novices, this aspect of Anomura offers an intriguing entry point into the world of NFTs. Anomura's Gameplay: An Immersive Experience Guardians of the Universe and the Infinity Circle Imagine being a guardian of the universe, where each character you own has unique characteristics and habitats. This is the reality in Anomura. The game's depth is fascinating – every anatomical part of your character could range from common to legendary, impacting your gameplay strategy. A Path for Every Player: Earn, Donate, or Simply Enjoy What I love about Anomura is its inclusivity. Whether you want to play for earning, donating, or just for fun, there's a path for everyone. It's rare to find a game that offers such flexibility while also promoting a greater cause. Ocean-Positive Gaming: A Step Towards Sustainable Crypto Anomura isn't just a game; it's a statement in the world of cryptocurrency. By partnering with SeaTrees' REDD+ initiative, Anomura aims to offset the carbon footprint of its Ethereum transactions. This commitment to sustainability is a big leap forward in making the crypto world more eco-friendly. Exploring Realms and Embarking on Adventures The game unfolds across four realms: Ocean, Earth, Science, or Sky. Each realm offers unique challenges, boss fights, treasure hunts, and character unlocks. This variety ensures that every gaming session is fresh and exciting. Conclusion: Anomura - More Than Just a Game Anomura is a rare find in the gaming world. It offers a rich, engaging experience while also educating players about blockchain and DeFi. But, more importantly, it provides a platform for gamers to contribute to environmental conservation. Whether you're a gaming enthusiast, a crypto-curious individual, or someone passionate about the environment, Anomura is a game that deserves your attention. So, are you ready to dive into the world of Anomura? It's not just about playing a game; it's about being part of a movement that combines the thrill of gaming with the power of positive change. Let's game for a better world!

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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