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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Notcoin co-founder: tap-to-earn game model may be "dead," Web3 games need to focus more on fun.
According to a report by Cointelegraph on May 5, the co-founder of the Web3 game project Notcoin stated at the Token2049 conference in Dubai that the tap-to-earn game model may be "dead" because this model cannot sustain player interest.
Notcoin co-founder Vladimir pointed out that game developers are shifting towards different types of games. Another co-founder, Sasha, stated that users tend to prefer fun games that can be played with friends rather than purely token mining. Although the first wave of games on the Telegram platform lacks social elements, Web3 can still play an important role in its gaming ecosystem.
Notcoin was once one of the most popular tap-to-earn games on Telegram in 2024, attracting over 30 million users within three months of its launch. Product lead Uliana Salo stated that although the tap-to-earn model has declined, the Web3 gaming industry on Telegram is still expected to achieve exponential growth.