In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on the current meme coin wave. Learn more here.

 have surged in both variety and popularity, partly due to their community-driven nature and the broader public's growing familiarity with digital currencies. This lively segment of the cryptocurrency market is thriving, with several notable coins capturing the attention of investors and enthusiasts alike.

livestreams, providing you with comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

, which took place on May 2, 2024, we gathered Web3 Evangelist Dirk Pennings along with Ivan Lee, Senior Product Comms Specialist at Bybit, to dissect the burgeoning meme coin market with Sabrina Chua, Crypto Evangelist and SEO Editor from Bybit, moderating the discussion.

 in 2013, introduced as a playful alternative to more traditional cryptocurrencies. This sector gained significant momentum due to high-profile endorsements and a strong sense of community among its participants. Dogecoin, for instance, has seen sustained interest and is often dubbed the “king of meme coins” for its substantial market cap and iconic status within the crypto community​​.

discussion, the panel explored the unique appeal of meme coins by highlighting these cryptocurrencies’ community-driven nature and the significant potential for returns when balanced against their inherent risks.

“I think it’s very popular because it’s community-driven,” said Pennings, noting the democratic aspect of meme coins. Without any venture capitalists, presale investors or other investors, the “whole community is equal” in collaboratively pushing the brand forward in the crypto space, helping participants feel that they’re “part of something.” This inclusivity fosters a strong sense of belonging and participation among investors.

Lee agreed, contributing his perspective that the allure of meme coins is related to their high risk/reward ratio. He gave an example: “For those people who missed out on Bitcoin when it was trading below $1,100 or 

 when it was $10, they’re not going to get 100x or 500x from just investing in Bitcoin or Ethereum, at least not in the short term. But for meme coins, especially if you catch them early, there is this potential.”

The panel also noted the evolution of meme coins from their predominant presence on the Ethereum blockchain to their burgeoning launches on the 

 blockchain during the 2024 bull run. This shift has been largely attributed to Solana's lower transaction fees, which enhance the accessibility and attractiveness of meme coins on its platform. 

Pennings further highlighted a significant shift in the pattern of meme coin launches during bull runs, observing that in past crypto bull runs, we’ve typically seen meme coins launching toward the end as a kind of climax. However, the 2024 bull run has been distinctively initiated by the launch of meme coins. This inversion in trend suggests a growing influence and earlier integration of meme coins into market dynamics, marking meme coins as potential catalysts for broader market movements rather than mere followers of existing trends.

The panel delved deeper into the proliferation of meme coins on the Solana blockchain as evidenced by their notable trading volume and volatility. Lee emphasized that numerous coins were attracting attention due to their market dynamics, also noting that many are “getting a lot of trading volume and volatility” recently. 

Pennings was candid about the fundamental nature of meme coins, suggesting that their creators should embrace and clearly communicate that these coins are primarily for entertainment: "They’re just a meme, trying to be funny," he stated, stressing the importance of maintaining these coins’ transparency and identity without necessarily seeking practical utility.

Lee added to this sentiment by advising against pretentiousness in the meme coin sector. He finds it intriguing that some meme coins are experimenting with mechanisms such as buybacks to influence their market value, signaling a shift in how developers might be trying to sustain interest and longevity in their projects.

The panel addressed the inherent risks tied to meme coins, such as high volatility and the threat of 

Each member of the panel then shared tips on how investors can better protect themselves from crypto scams. Pennings emphasized the importance of portfolio diversification, echoing the age-old wisdom of not putting all your eggs in one basket, and stressing the significance of securing profits. He explained that, while a meme coin’s price has the potential to go higher, it could also plummet to zero and wipe out your initial investment. 

Lee provided practical advice on managing risk, highlighting the speculative nature of meme coins and the critical importance of measured, cautious investment strategies when it comes to speculative investments: "Control your leverage, set a 

 and only invest what you can afford to lose.".

Closing the discussion, Sabrina Chua highlighted the necessity of thorough research before making any investment. "It’s important that you 

 before investing in any financial product," she urged, noting that you can rely on community feedback and clear project objectives to guide your decisions. 

As meme coins grow in number and complexity, it’s crucial to understand their trends, the technology behind them and community involvement. These elements not only define the current meme coin landscape, but will also shape its future trajectory.

As part of the livestream, Bybit is holding an 

 that offers you a chance to participate in our pop quiz and earn a share of a 1,000,000 

 prize pool. The event period is through May 9, 2024, 12PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies — and don't miss our next session on May 16, 2024, 8AM UTC, where we delve into the 

For those who missed the live interaction, remember to engage with us during our livestreams for a chance to win prizes and have your questions answered by experts. Visit our 

Intermediate

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Learn Live ICYMI: Riding the Meme Coin Wave of 2024

Galaxis is gearing up for a significant token launch this month on Bybit, starting with an Initial DEX Offering (IDO).

The SPX index is up 1.03%, the rise was fueled by optimism due to soft labor data and the anticipation of potential interest rate cuts by the Federal Reserve, reinforced by comments from New York Fed President John Williams and Richmond Fed President Thomas Barkin on future monetary policy adjustments. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.08% and 1.93%, respectively in the past 24 hours.

Today’s outperformer is ENA, which jumped 8.0% following enhancements to the $ENA Liquidity Lock System that boost rewards for long-term holders..

Ethena Labs (ENA), founded in 2023, introduces USDe, a synthetic dollar on Ethereum, offering a decentralized alternative to traditional stablecoins. It features the 'Internet Bond' for global savings, using delta-hedging to manage volatility and aiming to transform the financial ecosystem by enhancing Ethereum's utility. The $ENA liquidity lock has been updated to better reward long-term holders, allowing users to lock $ENA for up to a 100% boost in sats relative to their USDe positions. Recently, 

 partnered with Ethena to allow USDe to be restaked on Karak and earn Karak XP and 20x Ethena Sats up to 100M of USDe all on top of USDe native staking rewards. 

Check Out the Latest Prices, Charts, and Data of 

Galaxis is gearing up for a significant token launch this month on 

, starting with an Initial DEX Offering (IDO). In conjunction with this launch, Galaxis has unveiled a $1 million Community Creator and Member Grant Program, aimed at encouraging active engagement within its ecosystem. This program, supported by CoinMarketCap, allocates $500,000 each to creator and community member grants over the next 12 months. Galaxis, noted for collaborations with celebrities like Mike Tyson and Steve Aoki, offers a platform that enhances the Web3 creator movement. Its unique feature includes customizable membership cards that offer perks and access to experiences, driving community support. The platform has already seen over 32,000 ETH traded on secondary markets and secured more than $9 million through its Galaxis Engines. The token and platform launch are poised to solidify Galaxis's role as a pivotal platform for creators in the Web3 space.

Last week, Bitcoin's price fluctuated, dropping from $64,500 to below $57,000 before rebounding with Spot bitcoin ETFs recorded a historic $563.7 million outflow, while Grayscale Bitcoin Trust saw unexpected inflows. This week starts with positive inflows of $195.5 million. Additionally, fintech company Block plans to invest 10% of its Bitcoin-related profits back into Bitcoin. 

Saga, a layer-1 blockchain focused on gaming, is ramping up its incentives with the "Power-Level Over 9,000" 

, distributing $10 million worth of SAGA tokens to eligible stakers. This campaign, which incorporates a "Dragon Ball Z" reference, involves partnerships with over 100 projects across multiple chains, including games and decentralized apps. The first snapshot of SAGA token stakers was taken on April 26, targeting those who staked over 101 SAGA or at least 95% of their genesis airdrop, with an additional loyalty bonus for sustained stakers. While the exact distribution date for the rewards is not specified, the initial vaults aim to refine eligibility criteria for future airdrops. Saga plans to use 10% of unclaimed genesis airdrop tokens for these incentives, with a total of 110 million tokens allocated for future rewards. 

Beginner

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Galaxis Announces $1 Million Grants and Token Launch on Bybit

Zentry (ZENT) revolutionizes gaming with its Superlayer, offering cross-game asset transferability and real-life rewards integration, poised to transform the gaming industry.

Today's average gamer might play multiple games over the course of a year, with some hardcore gamers going through dozens of distinct titles. Many of these games are on different platforms, with gaming enthusiasts often indulging in both 

 and Web 2.0 games. Unfortunately, with the exception of closely related franchises, achievements and assets gained in one gaming environment aren't transferable to or usable in other games. 

In late 2021, the GuildFi (GF) decentralized project was launched to solve the transferability problem. In early 2024, GuildFi rebranded to Zentry (ZENT). The Zentry project features a gaming Superlayer — a platform where many games from web3 and Web 2.0 environments co-exist, and enable their users to share avatars, loyalty points, in-game assets and other achievements. Zentry's Superlayer creates a unified play economy targeting the gaming activities of the world's three billion gamers. 

The platform also offers opportunities that transcend the digital and physical realms. For example, it provides ways to spend points earned in games at physical retail outlets.

 (GF), is a decentralized platform designed to unify web3 and Web 2.0 gaming titles and facilitate cross-game transferability of assets, avatars, points and other in-game achievements. 

It aims to create a vast gaming universe in which players' efforts in one gaming environment can be rewarded across the myriad other games in which they might participate.

Zentry's Superlayer is the core component of the platform. It's used to host participating gaming titles and enable transferability among them. In addition to the layer hosting the games, there are also consumer apps and products designed to cater to the needs of different segments of players. The platform also serves as a centralized access point for various gaming universes, creating what the project's team has termed a "multiversal IP world."

In addition to enabling compatibility and transferability among a network of games and gaming universes, Zentry also interweaves games and real life into a holistic universe. For instance, points earned in a particular game within the platform can be spent at participating retail outlets, and vice versa. Imagine being able to use your in-game points to get a free or discounted cup of coffee at your favorite café, or using your café points to attain in-game character perks!

Zentry has recently announced its collaboration with another web3 platform, 

. Launched by the gaming-focused Merit Circle DAO, Beam and Zentry will join forces to incubate and support Sophon, a modular hyperchain dedicated to entertainment and gaming use cases.

History of Zentry: From GuildFi to Zentry

Zentry was originally launched under the brand name GuildFi in late 2021. The idea was to unify a myriad of games, NFT projects and metaverse communities under the same roof, providing an interconnected environment for shared loyalty systems, in-game assets and gamer identities. Gamers would use their single dynamic avatar profile to access games and rewards across the GuildFi ecosystem. Qualified for a master level in one game? You wouldn't need to start at level zero in a related one, all thanks to GuildFi.

The past year, 2023, proved particularly fruitful for GuildFi, as its platform introduced a host of new features and enhancements throughout the year. One of these was SnowSync, a functionality that allowed users to leverage two of the most actively used crypto assets —

 — to access some on-platform features.

Another important feature was the introduction of Milestones, a system whereby users can earn rewards by completing a series of quests. During the same year, GuildFi aggressively expanded its gaming partnerships network. By the end of 2023, the platform had built an impressive list of 23 gaming partners, including popular web3 games like 

At the same time, the most crucial development for GuildFi in 2023 was the initiation of Project Z, an initiative aimed at expanding the platform's ecosystem beyond the digital world. Project Z set out a vision for a more expansive gaming universe where in-game achievements and activities could translate to rewards both in the digital and physical realms. Eventually, Project Z came to fruition in April 2024, with the overall platform also rebranding to Zentry.

ZENT is the new native cryptocurrency of the Zentrt platform. GuildFi's original native crypto, GF, introduced in December 2021, was the main asset powering the platform's operations. With the rebranding of GuildFi to Zentry in April 2024, the new ZENT token will take over the role of GF. This 

 will inherit GF's key functions, which include the following:

 asset, with a maximum supply of 10 billion. Launched on Apr 25, 2024, ZENT is 

, with a total supply of nearly 6.1 billion and circulating supply of 3.2 million as of May 7, 2024.

Along with the project’s rebranding and introduction of its new token in April, Zentry has announced a migration of GF to ZENT. Holders of the GF token have the right to convert their funds to ZENT at a ratio of 1 GF to 10 ZENT. The migration option will be available until Aug 25, 2024. All GF tokens held at 

 (CEXs) were converted at the 1:10 ratio from GF to ZENT on Apr 25, 2024, the day of the token's launch. Any currently staked GF tokens will also automatically be converted to ZENT.

ZENT is available on Bybit through a Spot pair with USDT (

). Bybit's Spot and Derivatives markets provide you with opportunities to trade hundreds of cryptocurrencies and crypto-based products. If you don’t have a Bybit account, you can easily 

 to access Bybit's range of crypto products and assets.

Additionally, you can take advantage of Bybit's campaigns dedicated to the new ZENT token for the chance to earn crypto rewards. One set of campaigns features a reward pool of 

, and will run through May 14, 2024. The second campaign is a 

 prize pool event exclusive to SEA users, and will be active through May 31, 2024.

The gaming Superlayer, a revolutionary innovation from Zentry’s decentralized gaming support platform, has the potential to completely alter the landscape of the gaming industry. With it, your gaming experience is enriched by your cross-game dynamic avatar and the ability to carry your achievements and progression across different titles. The expansive rewards system shared by a multitude of web3 and Web 2.0 games, and even real-life gamification, aren’t widely available right now, and Zentry will act as a magnet for the multibillion army of gamers. 

With its innovative interlocking gaming, entertainment and lifestyle concepts and a vast potential user base, Zentry has the potential for success in the highly competitive 

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Zentry (ZENT): The Gaming Superlayer Unifying Gaming Realms

An in-depth recap of what was discussed during the TOKEN2049 and Blockchain Life event in 2024. 

TOKEN2049 and Blockchain Life Dubai epitomize the convergence of bright minds and bold ideas. This annual powerhouse event unites the who's who of the crypto sphere — industry leaders, passionate enthusiasts and forward-thinking investors — all under one roof, unveiling visionary discussions that will shape the future of crypto. 

Despite facing unexpected challenges such as heavy rainfall and flooding, the conference, held in Dubai from April 18–19, 2024, brought together over 500 industry speakers from more than 200 blockchain and 

This blog dives deep into the crux of the events, highlighting the buzzworthy topics in the crypto space, keynotes from notable speakers in the industry and the game-changing creativity that took place. Buckle up for a comprehensive recap and a glimpse into the future of crypto!

The Convergence of Web3 Services, DePIN and AI

One of the central themes of TOKEN2049 Dubai was the convergence of web3 services, 

 networks (DePIN) and artificial intelligence (AI). The discussions highlighted the potential of this convergence to revolutionize internet experiences and improve the efficiency and accessibility of services across various sectors.

Decentralized GPU cloud computing, a crucial aspect of DePIN, was punctuated as a key enabler for AI's demanding computational needs. 

, one of the portfolio companies, emphasized the role of decentralized GPU rendering in the web3 ecosystem. By utilizing a decentralized marketplace, Render Network aims to democratize GPU rendering, enabling artists and developers to tap into idle GPU compute power globally. This infrastructure enhances creative possibilities and computational efficiency in the digital landscape.

The integration of AI with blockchain and DePIN is seen as a transformative step toward more efficient, scalable and secure systems. It fosters the growth of a decentralized and democratized technological landscape, opening up new possibilities for innovation and collaboration.

Web3 gaming was a prominent topic at TOKEN2049 Dubai, showcasing the evolution and future of blockchain-based gaming environments. Innovative projects that integrate gaming with decentralized technologies were presented, spotlighting their ability to enhance player engagement and asset ownership.

One noteworthy development in web3 gaming is its infrastructure's cross-chain functionality, which allows assets and data to move seamlessly across different blockchain platforms and broadens the utility and relevance of in-game assets and progress. Scalability solutions such as 

 protocols play a crucial role in managing transaction speeds and fees, ensuring faster and cheaper in-game actions.

The discussions and trends in web3 gaming at TOKEN2049 Dubai showcased the potential of blockchain-based gaming to create immersive experiences and empower players to achieve ownership of their in-game assets.

Bybit at TOKEN2049: The Evolution and Challenges of the Crypto Derivatives Market

The panel at Asia’s premier crypto event was joined by renowned leaders from notable 

 (CEXs), such as Ben Zhou, CEO and Co-founder of Bybit, and Lennix Lai, Chief Commercial Officer at OKX, in a spirited and incisive discussion of the evolution of the crypto derivatives market and its challenges.

Andrew Taureau, Director of Partnerships for APAC/MENA at CoinDesk, kicked off the discussion with a check-in of recent crypto bull market sentiment, which is notably divergent from that during the previous bull cycle. 

Bull Market and Institutional Involvement

The panelists shared common sentiments about the market reaction, primarily agreeing that the recent bull market has been driven by institutions entering the crypto space, unlike the previous retail-driven surge.

Ben Zhou emphasized that “[t]he bull market movement in February and March was primarily driven by institutional players' interest in the space, especially via connections from third-party custodians.” Additionally, Zhou punctuated the stabilizing effect of improved infrastructure and the recent approval of Bitcoin Spot ETFs, both of which fueled investment in the crypto space. He further noted that retail interest in 

 has subsequently propelled the crypto market to new global heights.

OKX’s Lennix Lai accentuated the importance of enhanced system resilience and risk management practices implemented by leading exchanges, advancements that have bolstered user confidence even during periods of market volatility.

Market Sophistication and Evolving Exchange Strategies

Ben and Lennix also highlighted a key trend: the growing sophistication of retail traders. This necessitates a corresponding shift from exchanges. In order to bridge the knowledge gap, exchanges must prioritize robust 

 as an example of facilitating advanced strategies such as spread trading. Options-based hedging products are another point of convergence. However, Lennix emphasized the ongoing challenge of educating retail investors about 

. Even during the previous bull market, some institutions struggled to grasp the intricacies of margin capacity.

As global regulations mature, options markets are poised to become a crucial product around the world. Primarily institutional and professional traders leverage options to hedge their perpetual contract portfolios. When altcoins become underlying assets for options, trade execution via over-the-counter services necessitates strong bilateral agreements.

While derivatives and options inherently carry higher risks for retail traders, this can be mitigated with robust education and user-friendly infrastructure. Platforms like OKX and Bybit demonstrate this with clear user interfaces and progressive unlocking of options functionality that’s based on user experience and trading history.

Ben strongly advocates for gamification as a key to effective education. By transforming product education into an engaging experience, users can more readily grasp complex concepts. The focus should be on clear, simplified explanations that preserve the core value proposition of the product and empower users to make informed decisions.

The Role of Decentralized Exchanges (DEXs)

 (DEXs) for both their user interfaces and the potential for higher leverage. Additionally, as regulatory compliance becomes a growing concern for CEXs, users in restricted regions may find DEXs more appealing.

However, DEXs currently operate in a landscape with uncertain regulations that can pose challenges for user protection. This highlights the importance of CEXs like Bybit and OKX in working collaboratively with regulators to adapt their derivative products. The goal is to contribute toward establishing a regulatory framework that fosters innovation in the cryptocurrency space while simultaneously prioritizing user protection.

One positive development is the exploration by CEXs of web3 solutions, such as 

. These solutions offer users alternative avenues for managing their assets, potentially bridging the gap between the varied features of DEXs and the security benefits associated with regulated CEXs.

 (BGA) is a long-standing, collaborative nonprofit endeavor that unites key partners with a shared objective: leveraging blockchain technology to address real-world challenges and contribute to positive societal outcomes. Through the strategic convening of leaders, innovators and organizations within the blockchain community, BGA fosters a collaborative environment that drives innovation, facilitates action and ultimately works toward a more sustainable and equitable future.

Bybit COO Helen Liu provided insight into the inspiration behind the BGA initiative, noting that "blockchain developers often express feelings of isolation, perceiving web3 as a niche field." Her vision is to "establish a platform that connects them with a new audience unfamiliar with web3. This fosters the development of solutions that benefit and contribute to the entire ecosystem's growth." 

The BGA serves as the embodiment of this vision, charting a course toward a more inclusive world in which the impact of blockchain technology empowers humanity in a more meaningful way.

The evening started when Bybit’s Head of Institution, Eugene Cheung, welcomed guests with an opening speech detailing the importance of Bybit’s partnerships with 

The event was brimming with investors, leaders and decision makers, with opportunities to bring together key players in the investment, trading and startup ecosystem for an unforgettable evening of connections.

Stars of Crypto Shine at Bybit’s VIP Gala Dinner in Dubai

Bybit hosted one of the most extravagant gala dinners for the platform’s VIPs and affiliates with a series of events. In order to celebrate the excellence and dedication within the Bybit community, each award served as a testament to the vital role of individuals who have contributed to the success of Bybit’s ecosystem. As the night wrapped up, the message was clear: Bybit is more than just a platform — it’s a movement toward redefining the future of finance.

TOKEN2049 and Blockchain Life Dubai 2024 provided a dynamic platform for industry stakeholders to network, exchange ideas and explore potential collaborations. The event showcased the importance of technological advancements in the blockchain ecosystem and their broader impacts on industry practices and the global digital economy.

Looking ahead, CEXs such as Bybit eagerly anticipate the future editions of TOKEN2049 and the continual evolution of the blockchain ecosystem. We’re excited about the possibilities and opportunities that lie ahead as protocols and infrastructures adapt to emerging narratives.

: The information presented in this article is based on the insights and discussions from TOKEN2049 Dubai 2024. As such, it isn’t financial or investment advice. In addition to taking advantage of the services that DEXs such as Bybit provide, please 

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TOKEN2049 and Blockchain Life Dubai 2024 Recap: A Convergence of Blockchain and Web3

GameFi

Explainers

Altcoins

BlockGames is a cross-game player network with cross-chain capabilities. Learn more about how this platform works in this article.

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 framework to make games more accessible and rewarding. However, many players are still wary of unfamiliar gaming systems. BlockGames is a crypto project that hopes to solve this issue by designing a convenient user interface that works for people, no matter what level of gaming skills they have. Read on to learn more about the BlockGames system and its plan to make web3 gaming easier.

 is a cross-game player network with cross-chain capabilities. It provides players with a Universal Player Profile they can use to access a variety of different web3 gaming products on the BlockGames website and app.

, a U.K. businessman who formerly worked at Nike. Baltramiejūnas previously created and ran a real estate company for online rentals, but in 2022 his focus turned to the blockchain ecosystem. He partnered with mobile game studio 

 to create a new system that would offer the perfect blend of convenience and innovation.

The BlockGames company is inspired by the growing interest in 

 gaming and free-to-play games. It hopes to create a gaming framework that appeals to both users and game developers. Though the company is still in the early stages of designing its system, it's proud to be the first cross-game, cross-chain player network.

BlockGames aims to tackle two common problems in the modern web3 gaming industry. First of all, it aspires to introduce web3 games to traditional players. By putting a variety of web3 games behind a simple interface and a unified player account, BlockGames plans to make it easier for players to explore different games.

Its other main goal is to improve marketing for game developers. BlockGames noticed that there were a lot of great games that were struggling simply because they couldn't attract enough players. The BlockGames ecosystem will create a collection of enthusiastic players that any developer can access, with the hope of making marketing a lot easier for game developers.

 to provide cross-chain capabilities. Through the BlockGames network, users can enjoy gaming experiences on multiple chains. This is possible thanks to a mechanism called soulbound tokens (

). SBTs are Ethereum tokens that are non-transferable, non-fungible and linked to a specific person. They essentially function as 

, but since they’re non-transferable, they cannot be bought or sold.

BlockGames issues each player a BlockGames ID that's made up of SBTs. The Universal Player Profile can hold player data, records and achievements. Each ID allows its holder to connect to the games within the BlockGames universe, and the SBTs keep track of things such as player wallets and attributes so players have full and irrevocable control over their gaming identities.

The BlockGames cross-game player network offers a lot of rewarding gaming experiences. Here are some features people can expect when they try the BlockGames app.

 are premium NFTs minted from the BlockGames treasury. Users who hold them receive early access to the BlockGames Player Network, and they also offer enhanced airdrop eligibility. During weekly rounds of point scoring, DICE holders get more points for the airdrop in the future. Staking DICE offers another way for owners to earn more rewards.

The BlockGames Player Network is the heart of the ecosystem. By creating a BlockGames ID, users obtain an individualized account that accesses a variety of games. You can use this account to get instant rewards, earn social points and try out games. This network isn't fully launched yet, but select people can invite friends and try it out.

The BlockGames Airdrop is a program to help generate interest in the network. Anyone can sign up for the airdrop and start receiving instant rewards. You earn more points if, for example, you invite friends and comment on social media. The 

 offers particularly significant rewards for social points that people can get by interacting with other posts on X (formerly Twitter) and the BlockGames forum. You can also receive pace points for the airdrop by participating in weekly rounds of gaming on the app.

The Lucky Rolls campaign is linked to both the BlockGames Airdrop and the DICE NFT launch. DICE owners get Lucky Rolls that provide more early access to BLOCK purchases. Lucky Rolls social points are also available through giveaways and contests on the Discord server.

In the past two years, BlockGames has managed to create and launch an early access testnet on which users can sign up for a BlockGames ID and play games on a mobile BlockGames app. There are 

 in the BlockGames system, which has also successfully collaborated with app developers such as TokyoBeast. With its pace points and social points, the airdrop system has helped BlockGames rapidly gain over 600,000 followers on X.

BlockGames is currently focused on promoting its new BLOCK crypto token. In addition to running several airdrop programs, it also hopes to host a community presale and a token generation event. There are plans to move the BlockGames app from alpha to beta version at some point, but BlockGames hasn't provided much information on when this will happen.

As the native utility token of BlockGames, BLOCK performs many services. It's used to reward developers who create games, and to incentivize players to improve their gaming skills. It's also the governance token for the BlockGames Player Network. BLOCK has a 

, to be distributed according to the following plan:

While the BlockGames project sounds interesting in theory, its lack of information has some crypto investors concerned. The BlockGames ecosystem has spent almost all of its time promoting its token, yet it hasn’t released a white paper or even explained how its infrastructure works. In addition to these red flags that could indicate a 

, there have also been some user complaints about the BlockGames app. Many reviews of the early access app mention that users have 

, and there aren't many games available. Therefore, investors looking into BLOCK 

However, even if the BlockGames product isn't able to refine its technology and distinguish itself from its competitors, its crypto token could still prove popular. The ecosystem does have a lot of followers on X, Discord and other types of social media, which could lead to a lot of interest in the token. Especially in the first few days after the token launch, BLOCK might be a nice choice for investors who have money to spare and like high-risk, high-reward tokens.

Ultimately, whether or not BLOCK is likely to have long-term success will depend upon BlockGames' ability to attract more game developers and refine its user interface. Though they’re still works in progress, BlockGames and BLOCK are backed by some intriguing ideas on how to handle player accounts and crypto games. If the ecosystem can further improve its ideas, it has the potential to become a valuable part of the web3 gaming landscape.

BlockGames (BLOCK): Powering the World's Best Player Network

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards