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Co-founded by Kieran Warwick [1] in September 2020, Illuvium began developing a blockchain-based gaming platform. The game Illuvium combines features of an open-world role-playing game (RPG) with an autobattler and a monster-taming game. It's intended to cater to both casual gamers and decentralized finance (DeFi) users.
However, securities regulators in many jurisdictions, including in the U.S. and Canada, have indicated that if a coin or token is an "investment contract" (e.g., under the Howey test, i.e., an investment of money with a reasonable expectation of profit based significantly on the entrepreneurial or managerial efforts of others), it is a security ...
Decentralized finance (often stylized as DeFi) offers financial instruments and operations through smart contracts on a programmable permissionless blockchain, thus minimizing the reliance on intermediaries such as brokerages, exchanges, or banks. [1] DeFi platforms allow people to lend or borrow funds from others, speculate on price movements ...
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Axie Infinity is a blockchain game developed by Vietnamese studio Sky Mavis, [1] known for its in-game economy [2] which uses Ethereum-based cryptocurrencies. [3] It has been called 'a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel its growth.' [4]
Uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies and tokens; it is provided on blockchain networks that run open-source software. [1][6] This is in contrast to cryptocurrency exchanges that are run by centralized companies. Changes to the protocol are voted on by the owners of a native cryptocurrency and ...
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