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Pyth Network’s token launch hits $468m cap, airdrops to 90k wallets

Pyth Network’s token debuts with a $468 million market cap and an innovative airdrop to 90,000 wallets. Pricing oracle service Pyth Network today launched its cryptocurrency token PYTH, immediately gaining a substantial market presence. As of its first trading day, the token’s market capitalization was approximately $468 million, with its value initially set at around $0.53 per token, fluctuating to $0.34. Pyth Network issued an airdrop to about 90,000 wallet holders. These recipients are granted a 90-day window to claim their PYTH token s, playing a pivotal role in the network’s on-chain governance processes. Today marks the launch of the Pyth Network’s permissionless mainnet, ushering in a new era of token-led governance for the protocol. Ecosystem participants can actively engage in Pyth Governance by locking their $PYTH Tokens in the Pyth staking program to cast votes on community… pic.twitter.com/KNmwWptD3K — Pyth Network (@PythNetwork) November 20, ...

Japanese Gaming Giant Konami to Launch Web3 and Metaverse Initiative

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Source: KONAMI Japanese video game giant Konami has announced plans to launch a marketplace for trading in-game NFTs, as well as a "wide range" of other Web3-related products and services.  The entertainment conglomerate also unveiled that it is looking to add new talent and will recruit a “wide range of talent for system construction and service development to provide new experiences such as Web3 and Metaverse,” Konami said in a Thursday blog post.  The gaming giant claimed that they have been researching how to integrate the latest innovations into games, adding that one of its main products will be a marketplace for trading in-game NFTs.  “We have been conducting research and development to incorporate the latest technology into games and contents, and plan to launch a service where players can trade their in-game NFTs (digital items) through a unique distribution platform using blockchain,” it stated. Konami menti...