Binance Japan X MUTB ๐Ÿค”

Plus : Why Web3 Gaming is the future?

Binance Japan X MUTB ๐Ÿค”
Plus : Why is Web3 Gaming the Future?

Welcome ๐Ÿ™to Joint #20! We are sure to give you some insights about this week's weekly updates too๐Ÿฅณ keep reading!

This week was really happening and yes aapko ni ideaโ€ฆbut worry not! Web3 Stash Hai na๐Ÿ˜‡ Let's start by having a look at BTC and ETH ๐Ÿ‘€

As on 27 September, 3:24 PM

Abhi let's dive into some good web3 news and trust me it's fun keep reading๐Ÿ˜ญ๐Ÿ˜ญ๐ŸคŒ๐Ÿป Today we will be covering the following topics -

  1. Binance Japan X MUTB ๐Ÿ™Œ

  2. Ibiza NXT 2023๐ŸŽŠ

  3. Understanding why Web3 Gaming is the future!๐ŸŽฎ

๐Ÿ™ŒBinance Japan X MUTB๐Ÿ™Œ

Financial giant Mitsubishi UFJ Trust and Banking Corporation (MUTB) and Binance Japan are working on developing stablecoins! ๐Ÿš€๐ŸŽ‰

MUTB and Binance Japan are running a joint study on issuing stablecoins pegged to sovereign currencies like the yen ๐Ÿ’ด๐Ÿ’ฑ that comply with local laws โ€“ but the stated goal is driving Web3 adoption in the country!๐ŸŽฏ๐Ÿ•บ

Through this joint study, both companies aim to issue new stablecoins to help accelerate the mass adoption of Web3๐Ÿฅณ in Japan!

Involvement of a TradFi giant like MUTB ๐Ÿ”—also adds some legitimacy to the initiative as it leads a consortium of banks. ๐Ÿ™Œ

This plan to issue stablecoins on private๐Ÿ‘จ and public๐Ÿ‘ฅ blockchains is through a compliant platform called Progmat Coin, which Binance Japan also intends to use.๐Ÿš€

The platform has permissions under new stablecoin ๐Ÿง rules that kicked in this June that let Japanese exchanges apply for a special licenseโญ๏ธ to trade stablecoins โ€“ even those issued overseas, like tether (USDT) and USD Coin (USDC)๐ŸคŒ๐ŸคŒ๐ŸคŒ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ

Japan has seemingly embraced Web3 and stablecoins where other jurisdictions have shied away, with the country publishing a roadmap to drive Web3 growth ๐Ÿš€back in April and promising more oversight to ensure consumer protections๐ŸŽฏ๐Ÿ”’

 ๐ŸŽŠIbiza NXT 2023๐ŸŽŠ

Ibiza will host web3 experts, thought-leaders and visionaries this October, for the second IbizaNXT conference โ€“ with tickets now on sale๐ŸŽŠ๐ŸŽ‰

Spread over 3 days โ€“ from Oct 13-15 ๐Ÿ“ˆโ€“ the event firmly establishes the โ€˜White Isleโ€™ ๐ŸŒas a destination on the international web3 map, alongside leading locations like Miami, London, and Lisbon.๐Ÿš€

Glimpse of 2022 Conference

This yearโ€™s conference will host leading international speakers who will deepen cutting-edge debates in the Web3 and blockchain world, with a specific focus on -

  1. DeFi ๐Ÿ’ฐ

  2. Crypto ๐ŸŽฏ

  3. DAOs โญ๏ธ

  4. Crypto cities ๐ŸŒ

  5. NFTs ๐Ÿ’ฏ

  6. Metaverse ๐ŸŽฎ

Attendees will also enjoy a series of panel discussions, workshops, digital art exhibitions, and networking opportunities. ๐Ÿ™Œ๐Ÿ”—

Ibiza City

Ibiza has recently embarked on the path to becoming a crypto island by leveraging Web3๐Ÿš€

The aim is to connect local artists and companies to a global audience๐ŸŒ and educate the community๐Ÿ‘ฅ about the potential of blockchain technology๐ŸŽฏ

The Twiins Ibiza

The conference and the workshops will be held in two main venues: The Twiins Ibiza๐ŸคŒ, a new concept of lifestyle hotel to fully discover all the sides of the island๐Ÿ’ฏ

The Hub Ibiza

And The Hub Ibiza, a community-focused workspace in the heart of Ibiza that connects creatives, ๐ŸคŒ๐ŸคŒ๐Ÿ˜ญentrepreneurs, and executives from start-ups through to the worldโ€™s biggest companies.๐Ÿ”บ๏ธ๐Ÿ“ˆ

Ibiza NXT was born with the purpose to connect Ibiza to the potential of Web3 and blockchain ๐Ÿ”—by bringing together international speakers and local representatives of industry, culture, and institutions๐Ÿฅณ๐Ÿ™Œ to discuss the infinite possibilities to improve our lives and business through these technologies๐ŸŽฏ

๐Ÿ‘‰๐ŸปUnderstanding Why Web3 Gaming is the future๐Ÿ‘ˆ๐Ÿป

๐ŸŽฎ๐ŸŒ Web3 gaming is the future because it combines the exciting world of gaming with blockchain technology and decentralized networks, creating a more immersive and equitable gaming experience for players worldwide. Here's why:

1. Ownership and NFTs ๐Ÿ“œ๐Ÿ’Ž: In Web3 gaming, players truly own their in-game assets as non-fungible tokens (NFTs). These unique tokens can be bought, sold, and traded across games and platforms. This empowers players with true ownership of their digital items. ๐Ÿ’ช๐Ÿ’ฐ

2. Interoperability ๐Ÿ”„๐ŸŽฎ: Web3 gaming breaks down the walls between different games and platforms. NFTs can be used in multiple games, creating a connected gaming ecosystem. Imagine using the same sword or character skin in various games. ๐Ÿค๐ŸŒ

3. Player-driven Economies ๐Ÿ’ฐ๐Ÿ•น๏ธ: Web3 gaming enables player-driven economies. Gamers can earn cryptocurrency by playing, creating, and selling in-game assets. This opens up opportunities for full-time gaming careers and income generation. ๐Ÿ’ต๐ŸŽฎ

4. Transparency and Fairness ๐Ÿ‘๏ธโ€๐Ÿ—จ๏ธ๐Ÿค: Blockchain ensures transparency in game mechanics, making it difficult for developers to manipulate outcomes. Smart contracts guarantee fairness, ensuring that game rules are followed automatically. ๐Ÿ”โš–๏ธ

5. Community Engagement ๐Ÿค—๐ŸŒ: Web3 games thrive on community involvement. Players can participate in governance decisions, influencing the development of the game and its direction. ๐Ÿ—ณ๏ธ๐Ÿ™Œ

6. Cross-platform Play ๐Ÿ“ฑ๐Ÿ’ป: Web3 gaming supports cross-platform play seamlessly. You can start a game on your PC, continue on your smartphone, and later use your console - all without losing progress or assets. ๐Ÿ“ฑ๐Ÿ’ป๐ŸŽฎ

7. Decentralization and Censorship Resistance ๐Ÿšซ๐Ÿค–: Decentralized servers and networks reduce the risk of server outages and censorship. Games can continue to function even if a central authority goes down. ๐ŸŒ๐Ÿ›ก๏ธ

8. Innovative Fundraising ๐Ÿช™๐Ÿš€: Developers can use blockchain tokens to fundraise, allowing gamers to invest in projects they believe in, potentially earning returns as the game succeeds. ๐Ÿ’ฐ๐Ÿš€

9. Security and Anti-Cheating ๐Ÿ›ก๏ธ๐Ÿšซ: Blockchain technology enhances security and prevents cheating, as each action is recorded and verified on the blockchain. ๐Ÿ”’๐Ÿ•น๏ธ

10. Global Accessibility ๐ŸŒ๐ŸŒ: Web3 gaming has the potential to bridge the gap between players in different parts of the world, enabling diverse gaming communities to come together. ๐ŸŒ๐ŸŒ๐Ÿค

In summary, Web3 gaming is the future because it offers-

  1. True ownership๐Ÿ‘ฅ

  2. Interconnected experiences๐Ÿ™Œ

  3. Player empowerment๐Ÿš€

  4. Fairness๐Ÿ’ฏ

  5. Community engagement๐ŸŽ‰

  6. Cross-platform compatibility๐Ÿ”—

  7. Decentralization๐Ÿ•บ

  8. Innovative funding options๐Ÿ’ฐ

  9. Enhanced security๐Ÿ”’

  10. Global accessibilityโœ…๏ธ

It's poised to revolutionize the gaming industry, making it more immersive and inclusive than ever before. ๐Ÿš€๐ŸŽฎ๐ŸŒŸ

I hope this explanation made it clear why web3 gaming is the future now I want you guys to share this newsletter within your group and get us some more subscribers!๐Ÿฅบ๐Ÿฅบ

That's the only fee you guys need to pay for getting many more cool explanations on complicated topics๐ŸคŒ๐Ÿป SUBSCRIBE NOW!

This is what the JOINT #20 had to offer we went from Binance Japan to web3 gaming and we promise to deliver an even better experience next time๐Ÿค—๐Ÿค— so stay subscribed!

Also please do me a favor and share this newsletter with your web3 friends ๐Ÿซ‚๐Ÿซ‚(secret - this will make sure you make good money in web3 world in the coming future)โค๏ธโค๏ธ๐Ÿ˜ญ๐Ÿ˜ญ๐Ÿ˜ญ

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #21!!๐Ÿซ‚๐Ÿซ‚

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