Reality NFT powered by Golem Network's decentralized solutions

Landlord Go is a revolutionary augmented reality geolocation property trading game which is the biggest of its kind in the world. Every day, it allows 6 million players to buy, sell, or even collect rent on some of the most recognizable landmarks and buildings on the planet, such as the Eiffel Tower or Empire State Building. Landlord Go has transformed the gaming landscape and a new project is set to be released: Reality NFT, powered by Golem Network's decentralized solutions. Now, engaging with premium content on Landlord Go will generate passive income for Reality NFT holders.


Golem Network is a decentralized open-source platform designed for sharing computer resources. Thanks to Golem's architecture, it has provided Reality NFT with a platform that handles backend tasks, including access to blockchain and the calculation of passive income for NFT owners, thus enabling the creation of Reality's NFT ecosystem.

"Because of its decentralized nature, the Golem Network is a natural choice when it comes to hosting gateways to the blockchain. Golem's discovery mechanism allows it to avoid centralization points which are typical for web2 solutions. As a consequence of this approach it is much easier to assure permanent access to a service hosted on Golem," said Paweł Burgchardt - Chief Product Officer at Golem Factory.

Sieciech Czajka - Senior Software Engineer at Golem Factory, added: " The Golem Network allows hosting various applications ranging from batch processing (eg. scientific calculations, rendering) to service-like backends. Once demand for calculations is rising it is really easy to scale up by ordering more providers and deploying additional instances of a service on them. We are currently working closely together with Reality NFT to help them take advantage of decentralized computing and apply this technology to strengthen their backend."

"In the course of developing the Golem platform, our R&D team has been conducting research in various areas of cryptoeconomy and mechanism design. Through this research we have amassed a substantial body of experience that we are now happy to share with our partners. Similarly as with Golem, our goal is to lay solid foundations for a sustainable economy and help Reality Games create user value," said Marcin Benke - R&D Advisor at Golem Factory.

Soon the Golem Network will present more fascinating projects. In the meantime, the company runs a contest where users can win $1500 for an NFT from OpenSea. You can find more information at realitynft.golem.network .

Video - https://www.youtube.com/watch?v=ehyeh_J2qgY
Photo - https://mma.prnewswire.com/media/1843084/Golem_Network_Team.jpg

Golem Network team (PRNewsfoto/Golem Factory GmbH)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/reality-nft-powered-by-golem-networks-decentralized-solutions-301571002.html

SOURCE Golem Factory GmbH

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/June2022/20/c5100.html

News Provided by Canada Newswire via QuoteMedia

GAMING00
The Conversation (0)
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Announces Short-Term Financing

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announced that it has issued a $3.5 million unsecured, interest-bearing promissory note dated as of December 16, 2024 (the "Note") to Playtech plc. The Note shall bear interest of 8% per annum, payable in arrears at maturity. Unless otherwise accelerated pursuant to its terms, the Note will become immediately due and payable on the earlier of (i) April 25, 2025; and (ii) the date on which the Company or any of its subsidiaries completes additional financing transactions with aggregate gross proceeds of at least $10 million, subject to certain exceptions. Proceeds from the Note will be used to fund the Company's continued growth and for general corporate purposes.

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less
Cell phone showing GameStop stock chart.

GameStop Surges Over 70 Percent in Flashback to 2021 Frenzy

Over three years after the infamous GameStop (NYSE:GME) short squeeze, the American retailer’s share price skyrocketed as much as 110 percent on Monday (May 13) before pulling back to a more than 70 percent gain.

The surge came on the heels of a social media post by "Roaring Kitty," also known as Keith Gill. His first online appearance since 2021 has reignited memories of the meme stock frenzy that captivated markets in 2021.

Gill, who gained notoriety for his bullish stance on GameStop, posted a meme on X (formerly Twitter) depicting a focused video gamer. It received widespread attention, accumulating over 81,000 likes and 9,000 comments in just a few hours.

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less

Latest Press Releases

Related News

×