Bakkt Parent Company ICE Expands Its Crypto Data Feed |
ICE, the company behind , has announced a new list of coins that will be added to its Data Feed. Bakkt is a long-awaited and often-delayed futures platform, and in the absence of any new information, about ICE’s data feed has attracted plenty of attention.
Over Sixty Cryptocurrencies
ICE says that its data feed will now include over sixty , many of which are top-ranking coins such as , , , and . Several other have also been added to the feed, as well as stablecoins and exchange-related . The full list of can be seen on ICE’s or on .
It is not clear if the listed will be integrated with Bakkt. Bakkt is specifically a platform that will offer -settled crypto future contracts. ICE’s data feed simply provides market information and can be used separately. The two could be used together, though, as the feed does include information on crypto futures.
Who Can Access the Data?
ICE’s data feed allows investors to access very comprehensive information about the crypto market. However, the company’s data feed is targeted at institutions, not at the general public. That means that ICE provides very extensive data, at least compared to freely available market aggregators such as .
According to a from ICE, its crypto data feed can be used by hedge fund managers, index providers, and portfolio managers, among others. These will benefit from greater efficiency, more insight, and better transparency. Presumably, individual clients of these institutional users will also benefit—just not in a direct way.
No News On Bakkt
Although ICE’s data feed is thriving, Bakkt itself is still in limbo. ICE has announced delays multiple times, and Bakkt is now long overdue by any measure. Originally, Bakkt was set to launch on December 12, 2018, but it was soon rescheduled for January 24, 2019. Bakkt then suffered another delay , which put off its release indefinitely.
Recent reports from Coindesk regulatory backlogs stemming from the government shutdown are to blame for the most recent delays. The site notes that Bakkt’s novel model is not helping matters, either. Nevertheless, about ICE’s data feed has made many people hopeful that Bakkt is drawing nearer.
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Spells of Genesis (SoG), a blockchain-based mobile game, was released on the Apple App Store and Google Play store yesterday.
Spells of Genesis Available in App Stores
The blockchain-based fantasy trading card game, Spells of Genesis (SoG), has been added to the and yesterday. This means that is one step closer to mainstream adoption as anyone with an iOS or Android device can now play this game.
Shaban Shaame, CEO and founder of EverdreamSoft :
It’s a huge milestone because SoG will be one of the first ICO projects that hit the mainstream market.
The news comes 18 months after the campaign in which Swiss-based EverdreamSoft, the company behind SoG, collected 934 BTC in exchange for , a crypto asset issued on the bitcoin blockchain. BCY is used to purchase in-game content and to unlock certain features.
Not only is SoG offering gamers the ability to actually own their in-game balance and to exchange it for BTC, other cryptocurrencies, and fiat, they are also leveraging blockchain technology to to the concept of “rare” trading cards.
The bitcoin blockchain ensures that BTCs can not be reproduced/forged/duplicated, just like it ensures that SoG can not. This is also done by using by issuing the trading cards as assets on the bitcoin blockchain.
Spells of Genesis
is a mobile game that brings in elements of trading card games (TCG) along with arcade-style gaming aspects. SoGis influenced by Blockchain technology on various levels. Not only are BitCrystals (BCY) used to monetize the game, rare trading cards are also cryptographic assets on the bitcoin blockchain.
But that’s not all! Blockchain technology is also the main focus of the storyline with featuring known coins, services or people like the card, the Ethereum card and even a fork card that symbolizes the current bitcoin scaling debate.
As so, SoG allows gamers to learn about bitcoin and cryptocurrencies in a playful environment, where users can discover the history so far and the features/tools provided by different projects through the cards themselves, preparing entrant users for the overwhelming world of blockchain technology, should they choose to delve into it.
Gaming and Blockchain technology
Despite being one of the first ICO projects to reach a mainstream audience, BitCrystals is not the only cryptocurrency & gaming project out there. In fact, the two seem to form a perfect match. Starting with gambling, bitcoin changed the way we interact with , making online gambling transparent and much more efficient. Today there are multiple provably fair websites.
Online gaming itself has always been limited in the sense that all of the accomplishments of gamers were nothing more than data in a server which they could never export into the real world. Thanks to blockchain technology, users can be rewarded for their efforts by selling or trading in-game items and cards for actual money.
Although SoG is the first of its kind, others have followed. , a meme-based game, uses a similar system to Spells of Genesis in order to create and record rarepepe cards on the blockchain. These can then be exchanged for BTC and other cryptos. Although Rarepepe is not a game in itself, it has become extremely popular in the crypto space, with cards being bought and sold for exorbitant prices.
Cryptocurrency assets have also become a way to gamify existing platforms by creating decentralized incentive models and ways for players to compete among themselves.
The FirstBlood project, for example, is a decentralized platform that uses smart contract technology to make eSports tournaments and matches between gamers fair and transparent, allowing gamers to profit from their skills.
also comes to mind, a dual-blockchain token that will be used to gamify the GameCredits mobile app store.
Despite the growing where projects use blockchain technology for the hype and not for the technology itself, the gaming seems to be one step ahead by being of the few industries where blockchain technology is already having a visible impact and changing the way we play.
Can Blockchain technology change the gaming industry completely and become the standard? Or is it just another fad in the gaming world?
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