Crypto Project

Trump's latest crypto project will be a real estate video game

ChainCatcher news, according to Fortune, Trump's latest crypto project will be a real estate video game, as President Trump enjoys Monopoly. In 1989, the real estate mogul launched "Trump: The Game," a variant of a board game themed around real estate. In 2006, he considered launching a reality show inspired by Monopoly. "I've always thought Monopoly was a great game," Trump told the New York Post when discussing the show, but the program ultimately did not materialize. Now, Trump's latest project will be a crypto game branded with the Trump name—according to two insiders, this game has a Monopoly-like feel.This planned real estate game will be the latest addition to Trump's and his family's growing list of crypto projects. In addition to an NFT series and a MEME coin, there is the decentralized finance project World Liberty Financial, a stablecoin, and a Bitcoin mining company, in which the president's son Eric Trump and Donald Trump Jr. hold significant stakes.An insider familiar with Trump's new crypto game told Fortune that the game is an adaptation of "MONOPOLY GO!" where players earn in-game cash by moving pieces on a digital Monopoly board and building structures in a digital city. Another unrelated insider also compared the project to Monopoly. Both insiders requested anonymity due to the private nature of the business dealings.Insiders revealed that Trump's longtime friend Bill Zanker is the driving force behind the project, having helped the president launch his meme coin and NFT projects.Zanker's spokesperson Kevin Mercuri denied that the project is similar to "MONOPOLY GO!" but confirmed to Fortune that Zanker is developing a "game" set to launch at the end of April. He also stated that the Monopoly claims are "rumors."

Cardano founder: Next-generation crypto projects need to build more collaborative token economics and market structures

ChainCatcher news, according to Cointelegraph, Cardano founder Charles Hoskinson stated that the next generation of cryptocurrency projects needs to adopt a more collaborative strategy to counter the large centralized tech companies that are entering the Web3 space.He pointed out that the cryptocurrency and DeFi sectors are often limited by a "circular economy," where the rise of one cryptocurrency often comes at the expense of capital flowing out of another token, hindering the growth of the entire industry. To effectively respond to the competition from centralized tech giants in the Web3 space, cryptocurrency projects need to build more collaborative token economics and market structures.Hoskinson mentioned that the current token economics and market structures in the cryptocurrency field are at odds with each other, and there needs to be a shift towards cooperative balance. Existing projects often sacrifice others for their own development, which is detrimental to industry progress and makes it difficult to fend off future entries from giants like Apple and Google. He anticipates that the U.S. market structure bill may pass before September, at which point the giants will flood in, and the cryptocurrency sector must build infrastructure to respond. To this end, Cardano is developing a multi-resource consensus protocol called Minotaur to unify payment block rewards.
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