Major League Baseball announces Ethereum-based digital collectibles

Major League Baseball (MLB) will release a digital game based on Ethereum in late summer 2018. The MLB, in partnership with the blockchain gaming company Lucid Sights, hopes to strengthen baseball with the groundbreaking dApp “MLB Crypto Baseball”.

MLB Crypto Baseball will be similar to the Blockchain’s most popular game, CryptoKitties, where users can buy unique digital kittens and trade Ethereum.

The New York Times explained the Bitcoin code as follows:

“Each kitten has a core DNA on the Bitcoin code, and the game is basically to mate them (the illustrators don’t go into detail) and see what the kitten’s result is.” The rarer the features produced, the more valuable the kitten is. The most expensive cat ever sold cost 253.33 ETH, then about 110,000 dollars and that was not a scam. In total, users spent more than 25 million dollars on the digital collector’s item.

While digital assets have clearly proven to be a lucrative business, the MLB’s main goal in introducing the Ethereum-based game is to win young people back to baseball. Kenny Gersh, MLB’s Executive VP of Gaming and New Business Ventures said:

“This is one of the strategic objectives of this initiative. Collecting items related to your team and working with your team in a new way. These will be event-based things – those moments in sport you want to remember and appreciate and feel like you’ve been there, if only digitally”.

Theoretically, the game makes perfect sense. On the one hand, the digital assets similar to the baseball cards and memorabilia once exchanged among the older generations of baseball fans. On the other hand, the rare digital collectibles resemble things like skins in the popular game Fortnite.

Crypto currency and Ethereum code

While the MLB is the first league to fully support the Ethereum code, they are not the first American sports organization to begin such an introduction. The Sacramento Kings of the NBA, considered one of the most technically savvy franchises in all sports, have accepted Bitcoin for tickets and merchandise since 2014.

On June 27, 2018, Bitcoin went one step further and announced a new non-profit program, MiningForGood, which will use Ethereum’s mining to support charitable causes. The proceeds from the mining will be used for groups like the Build.Black.Coalition and continue the strong tradition of franchising to give something back to the community. The owner of the Sacramento Kings, Vivek Ranadive, is a self-proclaimed “Superfan” of Ethereum. Sacramentos CTO, Ryan Montoya:

“We know that the Blockchain will revolutionize the world. So, how can we be ahead of time and start using the blockchain in different areas of the company?

Baseball fans aren’t the first sport CryptoKitties is trying to achieve – a Stephen Curry-inspired kitten was recently produced as the first Crypto kitten. Across the Atlantic, London football club Arsenal FC announced the first official partnership between a major sports team and a crypto company in January 2018. The deal gives Arsenal an undisclosed amount of money, while CashBet, a betting platform, gains access to millions of Arsenal fans worldwide.

Zilliqa Coin – Who is behind the crypto currency?

The team behind the Zilliqa Coin development is led by Xinshu Dong. He has worked on cyber security projects in Singapore and holds a doctorate in computer science. Dong has experience in building blockchains, web browsers and software applications. Among the blockchains he has worked on is Anquan, a secure and proprietary scalable blockchain. This is considered the forerunner of Zilliqa and is used for financial and commercial applications.

CMO is Christel Quek, a co-founder of BOLT. She has been involved in several projects within the IT industry. CSA Prateek Saxena holds a chair in Computer Science with a focus on Blockchain and Computer Security at the National University of Singapore. The team currently consists of 11 people.

Advantages and disadvantages of the Bitcoin revolution

The support of the community is particularly impressive. On Telegram, Zilliqa Coin has over 24,000 members. The following on Twitter amounts to 28,000 followers and the own group on Reddit comprises 5,200 members. One should not underestimate the support offered by a strong community. Support is also needed because the project is not yet complete. So far the course has developed quite well.

Zilliqa´s Blockchain offers a real solution for a general problem of blockchains. If the project is successful, it could have far-reaching consequences for the world of crypto currencies. However, there are also other crypto currencies that want to solve scaling problems of Bitcoin, Ethereum and Co. At the same time, Segragated Witness and the Lightning Network already provide technologies that address the problem of scaling. However, they don’t solve the problem completely.

Zilliqa Mining is very simple and does not require any incredibly powerful hardware. It serves as a reward for those who keep the blockchain running. So the ZIL Coin could also be attractive for those who want to build up a passive income through mining.

Zilliqa Coin Price – Development – Forecast for the Bitcoin trader

The crypto currency was launched on the stock markets on 11 February on https://www.onlinebetrug.net/en/bitcoin-trader/. At that time the ZIL coin was worth 0.04 €. In February it fluctuated between 0.04 € and 0.05 €. In March, the Zilliqa Coin price fell below € 0.04 for the first time and hiélt there for the rest of the month. At the beginning of April, the Coin was very bulky, during the course of the month the price continued to rise and reached a value of over 0.09 € at the end of April. This upward trend continued from May onwards, with the crypto currency for the first time exceeding the 0.10 € per ZIL coin.

Zilliqa forecast: Until the Mainnet goes online, it will be difficult to say where the price will go. Up to this point, the price could develop along the general market sentiment and rise as well as fall. Good news regarding the development will probably make investors interested in the project again and thus the price will rise. So far, buying cheap Zilliqa coins is still possible, but after that the crypto currency could become more expensive.

Polymath Coin – Who is behind the crypto currency?

The team behind the development of Polymath Coin is led by Trevor Koverko. He started early in the Blockchain community. He participated in the Satoshi Roundtable several times and is an early investor in the North American Bitcoin Conference, Ethereum, Aion, Qtum, Hive, EOS and Shapeshift. He is also the founder of Digital Asset International.

Trevor Koverko and his team have been very skilled in marketing so far. The platform has already made itself known through various press reports in magazines and agencies. The team is also very active on the social media channels. There was a lot of interest from investors from the beginning.

Polymath has already been able to enter into several partnerships. The Identity-Mind, SelfKey and BnkToTheFuture team won the KYC contract. As early as 2018, Corl Financial Technologies, SeriesX and Ethereum Capital announced their intention to create security tokens on the Polymath platform.

Advantages and disadvantages

However, the platform will take some time to complete. It is scheduled to go online in October of this year. So far, however, investor confidence seems to be high. After all, there is a lot of potential in Polymath Coin. According to the development team, the security tokens will become more and more important in the future and even outperform the utility tokens.

The reason why they are not so common so far is the problem the platform wants to solve: It is quite difficult to create them while complying with tax regulations. Some speculate, however, that the security tokens could soon be a powerful competitor to the shares. And similar to Ethereum, Polymath would be the platform to which investors could turn to create such tokens. Therefore it looks quite good in this respect for the forecast.

Polymath Coin Course – Development – Forecast

POLY Coin has been traded since February 2018. At the beginning the coin was worth € 0.70. By 20 February, the price had risen to € 1.28, its best result to date. Thereafter, the price fell in the course of February into May. At the end of February it was still below € 1, and at the end of March it was € 0.25. In mid-April, the Polymath Coin price rose to over € 0.40. In May, the POLY Coin was once again able to make good gains and made it over the € 0.70 mark.

Polymath forecast: It is difficult to say where the price will move in the future. Until the platform is published, the value of the POLY Coin depends solely on the marketing of the team and the interest of the investors. Until then, the price will certainly be subject to further fluctuations. Buying Polymath Coin could be worthwhile as long as the coin is still low. That the coin is capable of price increases was shown in February.