Play-to-earn games are a subset category of cryptocurrency and the digital space. However, asides from gaming, this sub-category of cryptocurrency allows users experience a fun side to cryptocurrency outside games. With most game-based platforms, users experience it as though they are fully physically there.

The Moshnake platform is a gaming and crypto-based platform that functions on the blockchain ecosystem. As a result, a community of users and investors further interact through gaming opportunities in the platform’s ecosystem. Therefore, the Moshnake platform functions as a play-to-earn NFT gaming platform. The in-game tokens of this platform are operating on the BNB Smart Chain network.

Furthermore, the Moshnake platform was inspired by the old all-time hit classic game, snake, which was legendary gameplay and a widely played game. However, the operations of this platform are a little different from the classic gameplay because players are rewarded with in-game tokens that can be sold for fiat money. Also, players can maneuver their NFTs to feed on eggs and all sorts of in-game items while battling other snakes in the battle arena.

Why are the Moshnake Token on the BNB Smart Chain Network?

There are several reasons why the Moshnake tokens are BNB-based tokens. The Binance network is known for its fast transaction speed, and low transaction cost. Therefore, the Moshanke platform chose the BNB Smart Chain platform as its token network for this reason and more. However, these reasons include:

• Compatibility with metaverse feature of the Moshanke platform
• Super fast transaction speed and low transaction cost
• Its connection to major CEX platforms will further boost the transaction speed and efficiency
• Binance Smart Chain’s popularity in the gaming industry of crypto
• Its compatibility with the hardware wallet
• The environment-friendly network of the BNB Smart Chain

Moshnake’s Tokens

The Moshnake platform functions as two equally important tokens. These tokens perform various functions, as well as function differently. One of the tokens is the MSH toke. This token functions as the governance token of the Moshnake platform. However, this token is responsible for every governing or platform-based activity on the Moshnake platform.

The second token in the Moshnake ecosystem is the venom token, or VEN. This token functions as the in-game token of the Moshnake platform. However, this token is responsible for every game-based activity on the Moshnake platform. In addition, the MSH token is what players use to purchase the VEN token. Also, there are one billion MSH tokens in circulation and twenty billion VEN tokens in circulation.

Moshnake Versus Sandbox (SAND)

Sandbox (SAND)

The Sandbox token creates a thriving 3D world that allows users to enjoy and experience the metaverse on a different level. However, the Sandbox games have become very popular, and this platform has garnered a large community of gamers, users, and investors. Also, the Sandbox platform functions on the Ethereum network to ensure fast transaction speed and low cost. 

Furthermore, Sandbox was launched in 2011 by Pixowl. The Sandbox blockchain aims to introduce blockchain technology to gaming successfully. With its focus on facilitating creativity through its play-to-earn model, the SAND token is phenomenal in blockchain gaming crypto. Also, the SAND token facilitates transactions on the Sandbox platform.

Moshnake Versus Quantum (QTUM)

Quantum (QTUM)

Quantum is a proof-of-stake mechanism-based platform. Tokenized by QTUM, it aims to combine the strengths of Bitcoin and Ethereum in one chain through its open-source blockchain and innovative contract platform. However, Quantum is built on Bitcoin’s UTXO transaction model but with added functionalities of smart contracts and Decentralized apps.

The Quantum project was officially announced in 2016 and formally launched in 2017. However, the Quantum blockchain platform proffers solutions in ways that are unique in functionality. Also, the Quantum platform just recently added support for DeFi applications on its platform.

APPETIZER HACKATHON 2022 is being held for the second time this year under the theme of “[New Normal in the Post-COVID-19] – The Beginning of Innovation Using Cloud” Winner receives USD 5,000 in prize money and about USD 17,000 worth of credits from NAVER Cloud

SEOUL, South Korea, Sept. 15, 2022 /PRNewswire/ —  APPETIZER HACKATHON 2022 hosted by NAVER Cloud and organized by the Korea Software Industry Association is accepting applications for participation from Thursday, September 15th to Friday, October 7th at 15:00 (Korea Standard Time). APPETIZER HACKATHON 2022 marks its second competition this year under the theme [New Normal in the Post-COVID-19 Era] The Beginning of Innovation using Cloud is creating a better world by adding innovations to rapidly changing business trends due to COVID-19.

The Document Evaluation for the selection of 30 teams to participate in the APPETIZER HACKATHON will be held October 12th and 13th, and the 30 teams to participate in the hackathon will be confirmed through an announcement of successful applicants on October 14th.

An Orientation and Web Seminar to announce the start of APPETIZER HACKATHON 2022 for the 30 teams will be held on Tuesday, October 18th. Participants will select an API from a company to use for prototype development by Monday, October 24th, and receive an API Key from the selected company. In addition, from November 7th to November 11th, 10 API companies will conduct online mentoring directly with the 30 teams who want to be mentored.

The 30 teams must prepare and record a prototype demonstration and submit the video by Tuesday, November 22nd, with the presentation video evaluation to be conducted on November 23rd and 24th. Through the evaluation, 8 teams will be selected to advance to the final stage on Friday, November 25th. The evaluation will be based on differentiation and originality, API utilization, goal achievement and implementation ability, expected effect, presentation delivery ability, etc., and the Final Presentation and Awards Ceremony to decorate the finale of the Hackathon are scheduled for Wednesday, November 30th.

Of the USD 27,000 in prize money for APPETIZER HACKATHON 2022, the winner will receive USD 5,000, the two second-place teams will receive USD 3,000 each, and the five third-place teams will receive USD 1,000 each. All teams who participate through the entire Hackathon program, even if they do not make it to the final stage, will receive a cash prize of USD 500.

In addition to the prize money, the 30 teams which pass APPETIZER HACKATHON 2022’s document evaluation will receive about USD 2,500 worth of credits for use in NAVER Cloud. The Hackathon’s first-place team will receive about USD 17,000 worth of credits in NAVER Cloud for one year.

In addition, the Early Bird event will be held during the 8 days from September 15th to the 23rd when registration begins. After registration, the 10 teams who complete the Hackathon will be given prizes such as Apple iPAD 9th generation.

This Hackathon has expanded the scope of participation to include university (graduate) students, developers, engineers, and corporate and startup workers around the world who are interested in APIs. Also this year, applicants engaged in a Korean startup that has expanded overseas or a global startup that has entered Korea are eligible to participate in the Hackathon. Participants will be developing prototypes during the competition using APIs from 10 API companies.

As part of the deal, Square Enix will develop games on Oasys’ PoS network, joining the likes of Sega, Double Jump, Bandai Namco and Ubisoft.

Square Enix, the Japanese game developer behind the beloved Final Fantasy franchise has signed on as a node validator for blockchain gaming project Oasys, with the duo also teaming up to create blockchain games.

The move has predictably been met with criticism from some crypto and NFT hating members of the gaming community, irritated that the firm is continuing to double down its focus on blockchain tech.

In a Sept. 12 announcement, Oasys revealed that Square Enix had jumped on board to be the project’s 21st node validator, taking up the final slot of initial validators.

Moving forward the duo will also team up to develop new games on Oasys’ EVM compatible Proof-of-Stake (PoS) blockchain, which hopes to become a hub for Triple A quality games with Play-to-Earn (P2E) integrations.

Square Enix joins a host of big names in gaming to partner with Oasys such as Sega, Double Jump, Bandai Namco and Ubisoft — with the latter also having a troubled history with gamers who have pushed back against the firm’s NFT gaming initiative Quartz.

In 2022, Square Enix has done irreparable damage to its image by

– Investing in crypto
– No longer prioritizing “fun” in gaming
– Selling off all their western studios

I’d call it self sabotage, but compared to what’s happened to Warner Bros this year, it’s honestly nothing

— Bruh Momento (@JBoop_is_ballin) September 12, 2022

The pitchforks are out

While the prospect of having reputable gaming giants jumping behind a blockchain project is welcome news in the blockchain world, the traditional gaming community has not received Square Enix’s move well.

The Gamer reported the news, with the headline: “Square Enix Sets Its Dreaded NFT Plans In Motion By Partnering With Crypto Company.”

“Unlike most video game developers who decided to announce their ventures into the jpeg-filled world of NFTs, Square Enix has only been doubling down on it,” the article notes, as it questions Square Enix president and CEO Yosuke Matsuda’s previous statements about introducing P2E elements into games:

“He probably ignored the fact that so many NFT games aren’t just scams, but also look like they were made by an actual bored ape.”

On Twitter gamer @ShyVortex said the partnership was “truly disgusting. Never buying a Square Enix game again,” while @eramaster12 questioned “what does it take to f#ckin force them to stop?.”

@Pilnok also chimed in that this “has become tiresome and embarrassing” and @ManuelRomer2 added “what about just don’t entirely?”

pic.twitter.com/AVI7Kf2lB0

— RecklesFlam1ngo (@RecklesFlam1ngo) September 12, 2022

Square Enix and blockchain

Square Enix has been gradually ramping up its blockchain related plans in 2022, despite pushback.

Matsuda stated in a New Year’s Letter in January that he was particularly interested in the idea of introducing blockchain-enabled “token economies” into games to incentivize both players and users that generate content to add to the games.

“With advances in token economies, users will be provided with explicit incentives, thereby resulting not only in greater consistency in their motivation, but also creating a tangible upside to their creative efforts,” he wrote.

Related: Ubisoft cools off on NFTs and blockchain, says it’s in ‘research mode’

While blockchain is yet to creep into Square Enix’s games, the firm kicked things off in July by releasing tokenized character figures for $129.99 featuring characters such as Cloud Strife from Final Fantasy.

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