What Is Staking
Staking is a process by which an individual contributes, donates or stakes all or some part of his coin to gain the power to vote in a network and earn income. Staking basically lie under one of the hybrid consensus algorithm of the blockchain network which is formally regarded as proof of Stake (PoS).
Why Stake Burn
BlockBurn gaming network is an innovative arena for both gamers and gamblers alike. Blockburn’s mission is to provide a highly refined and memorable gaming experience where gambling is not the only important element. These games focus on highly entertaining and…
The outbreak of the Coronavirus pandemic (COVID-19) put a halt to many financial transactions around the world. Some digital assets (cryptocurrencies) also took some detour in the course of the ravaging pandemic.
BlockBurn is one cryptocurrency that had to slow down on the scheduled developments because of the pandemic. But, as things are about taking a positive outlook once more and with the relaxation of the lockdown, the cryptocurrency is looking to trigger a bullish run.
Here are some of the events that will shape the future of the BlockBurn in the post-COVID-19 era.
1. Aftermath of CEO’s Coronavirus Recovery
Hello BlockBurn Users,
We are pleased to announce a strategic partnership we just made. This is a long-term collaboration that will further bolster the chances of adopting the BURN token, just as it strengthens the investment opportunities of the partners and the member of their community.
Ezystayz — Our Latest Partner You are already aware that the BURN Token is designed to appreciate over time. One of the ways that can be done is when it is in active and continuous use. In as much as we have made tremendous efforts in that regard, we have once more, taken a…
After an extremely successful start to the BlockBurn IEO, hosted by ChainX exchange, we are proud to announce that we have sold out the first round of fundraising! The first round of fundraising was sold out within the first day of the IEO’s start. Our team and community couldn’t be more thrilled, the feeling is one of excitement towards the future of BlockBurn.
To those that have missed out on the IEO round two will begin on Thursday the 20th of February. So get in before it’s too late!
The funds raised in the IEO will be going towards the…
Q1. Big advatages of blockchain games is that all transactions (item trades, PVP records) can be recorded on blockchain to pursue transparency. But, transaction costs are incurred in this situations. How can you solve disadvantage about burden of this transaction costs?
Answer: This is why we chose the Ethereum Blockchain because of it’s high transaction speed and low fees, but be rest assured that because of the reward system, most of the charges incurred from transactions would be gotten back with a tidy profit from the reward system.
Additionally, our game would be quite unique because we tried as much…
There is a definite overlap between crypto and gaming crowds. Generation X and millennials are demographics that have more interest in both gaming and cryptocurrency then perhaps any other. This parallel makes sense really. Many games use a kind of quasi-crypto currency, although not using blockchain, they are in-game currencies which serve a similar role as crypto. These currencies though, do not have the same exchangeable value as a tradable cryptocurrency and their value tends to come from creating an in-game economy.
BlockBurn is weaving a tradable currency through it’s gaming network, rather than creating an in-game currency which is…
To educate the Blockburn community about Blockburn 2.0, we are organising a quiz competition with a total prize pool of $1,000 in $BURN tokens which would be distributed after our IEO.
HOW IT WORKS
We would be asking questions related to Blockburn at random times of the day and the first person to answer the question correctly earns some points which would be converted to $BURN tokens at the end of the IEO and distributed to the winners ERC-20 wallets.
The quiz competition would start on the 11th of February 2020 and end on the 28th of February 2020.
To learn more about Blockburn, check out the links below:
We have been hard at work on how to make BlockBurn better and we will be unveiling all the plans and developments done behind the scene. Today, we bring you three major announcements that will reposition and change the course of the project from where it is right now to something more promising.
Firstly, we are announcing the launch of our new website which would be unveiled today. This website will not only show the commitment but also the dedication of BlockBurn team to the next course of action we will undergo in the coming days. …
We are excited to announce our partnership with Dutch Game Studio! On September 1st 2019 we shook hands, signed a deal and have since been working hard together to turn our vision into a reality.
Dutch Game Studios specialize in VR, Console, PC and web games. They are a team of 12 passionate and innovative developers, artists and designers operating in the Netherlands. They have completed a number of projects for large companies such as PepsiCo, as well as other crypto projects.
Hello BlockBurners! As you all can guess, it’s been a very busy couple of weeks for the Blockburn team and we are excited to give you a quick recap of what we have been doing behind the scenes for the past couple of weeks and what you should expect in the coming days.
Firstly, we want to thank the LBank Team for an Amazing AMA session in their official group which held on the 13th of December 2019, Bee from Blockburn was available to answer all the questions asked by Blockburn Enthusiasts and also the potential fans, thanks once again…