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Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a

Animoca Brands Partners with Ubisoft for NFT Game Champions Tactics: Grimoria Chronicles in Web3 Frequent Player Program

Animoca Brands, a leading crypto gaming company, has announced its partnership with Ubisoft's Strategic Innovation Lab to include Ubisoft's upcoming NFT game, Champions Tactics: Grimoria Chronicles, in its Web3 Frequent Player Program. This collaboration will be a part of Animoca's NFT Membership project called Mocaverse, where Moca ID owners can earn Realm Points by completing various participation-based tasks.

The inclusion of Ubisoft's game in Animoca's Frequent Player Program is an exciting development for both companies. By tapping into the Mocaverse program and incentives, Ubisoft aims to drive awareness and facilitate user onboarding for Champions Tactics. Animoca Brands, on the other hand, is thrilled to partner with Ubisoft's Strategic Innovation Lab and leverage their game to enhance its NFT ecosystem.

Moca IDs, which are blockchain-based identifiers, are used across Animoca Brands' portfolio of games and crypto projects. However, Moca IDs will be limited, and only Mocaverse NFT holders are guaranteed an ID, as stated in an Animoca blog post. Fans who do not hold Mocaverse NFTs will need to obtain an invite code from an NFT owner to secure a Moca ID. This exclusivity adds value to the Mocaverse NFTs and creates a sense of scarcity within the ecosystem.

While specific details of the collaboration between Ubisoft and Animoca have not been disclosed yet, the Mocaverse will collaborate, support, and amplify Ubisoft's blockchain efforts. This partnership marks Ubisoft's second major collaboration announcement with a crypto gaming company this month, underscoring the company's commitment to exploring the potential of blockchain technology in the gaming industry.

Ubisoft is actively preparing for the release of Champions Tactics, its first NFT-centric game, with the first free mint expected to begin next month. The company's collaboration with Immutable, another crypto gaming company, further demonstrates its dedication to embracing the crypto gaming experience. Additionally, Ubisoft continues to work with The Sandbox, a crypto metaverse company, to expand its presence in the evolving world of blockchain-based gaming.

As the crypto gaming industry continues to grow, partnerships like the one between Animoca Brands and Ubisoft highlight the potential for collaboration and innovation within the space. By joining forces, these companies can create unique experiences for players and drive the adoption of blockchain technology in gaming. With the upcoming release of Champions Tactics and the ongoing development of the Mocaverse, it will be interesting to see how this collaboration unfolds and what it means for the future of crypto gaming.

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