Weekly Altcoin Update – Week 6
Diederick Jacobs
Posted on: 2/8/2022,
2 minutes read
Weekly Altcoin Update – Week 6
This week's HoC Weekly's Altcoin Update will be highlighting Project SEED and LTO Network!
Project SEED
Gaming test
The release of Outland Odyssey is coming closer and closer, and another Pre-Launch Game Test is coming up in March! The aim is to gather feedback on the UI and UX to enhance these for when the game launches in Q2 2022. Additionally, it will allow the developers to understand player behavior and improve the gaming experience accordingly. It is expected that the upcoming Pre-Launch Game Test will give the player more gameplay and features to play with! If you would like to be part of the Moloch March Test, make sure to fill in the registration form!
Liquidity
The native token of Project SEED, SHILL, had some exchange listings in the previous weeks. The token got listed on Crypto.com and MEXC, drastically increasing the token's liquidity and accessibility. The liquidity and accessibility of SHILL are significant; the token will be used for in-game purposes. Therefore, increased token accessibility makes it easier for consumers to engage with Outland Odyssey
LTO Network
Ownables
The LTO Network is reinventing NFT Ownership through the NFT 2.0 upgrade. The main issue with most NFTs at the moment is that the metadata is stored off-chain on a centralized server (i.e. AWS); therefore, the NFT holder does not necessarily possess the NFT. The Hybrid-Architecture of LTO Network allows public and permissioned blockchains; thus, NFTs can be stored on a private layer. The private layer is not necessarily a blockchain, and each Ownable has its event chain; therefore, every event results in one transaction on the public chain. This allows for true ownership for NFT holders instead of storing it off-chain. Ownables allows for unlockable content by default; therefore, new files can be added. Subsequently, artists and GameFi projects have more creative freedom and features. Ownables can be swapped to regular NFTs through an NFT bridge, making them tradable on third-party marketplaces.
