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In the crypto industry, things tend to get interesting as the year winds down, and 2024 is no different. Recent crypto news shows that Fantom is going through a rebranding, Optimism is having an upgrade, and new Web3 project Rollblock has just exceeded $7.8 million in raised presale funds. Let's dig deep into the details of these updates and how they shape the future of these projects.
Rollblock is a highly innovative GambleFi platform that mixes iGaming with blockchain technology. The result is a transparent state-of-the-art online crypto casino that has raised $7.8 million in presale, even though it debuted only a handful of months ago. Over 21 million tokens have been sold, and investors are still rushing this presale because of the potential profits that Rollblock promises.
A close look at Rollblock shows that it is destined to be a top crypto project. Being transparent and offering provably fair gaming endears it to gamers. Its array of games from numerous genres is also exciting, and that is why it is now home to thousands of active users.
Additionally, the Web3 platform operates a revenue sharing model, which is quite rare in the GambleFi space. Every week, a portion of the revenue it generates is returned back to those who hold the token. This community-backed model is essential for its short and long-term growth, and that is why Rollblock's presale keeps roaring on.
After discovering serious security issues, Optimism decided to go through a hard fork and a network upgrade. The Ethereum layer-2 solution found vulnerabilities in its protocol via third-party audits, and the upgrade, called Granite, is set to get rid of them.
This upgrade will improve user experience, scalability, and overall performance of the Optimism network. Since it is getting nearer, OP is starting to make some headway. Binance's recent decision to support Granite is also expected to boost Optimism's price.
Fantom, a well-established layer-1 blockchain, is undergoing a major transformation as it rebrands to Sonic. This transition, scheduled for early 2025, is a complete overhaul of the Fantom network's capabilities and tokenomics. Fantom will basically become a new coin, with FTM holders able to swap to Sonic in a 1:1 ratio.
Like Optimism, Binance is also supporting Fantom's migration to another token address. FTM holders on the trading platform will be able to exchange their tokens to Sonic as well. The rebranding is an attempt to restart Fantom, but only time will tell if it'll be a success.
Recent crypto news suggests that Web3 platforms Fantom and Optimism are gearing up for a new beginning. However, they are tainted by stains of the past, with FTM and OP performing woefully over the last couple of months. In contrast, Rollblock is soaring high, having secured the attention of crypto investors.
Now in presale, Rollblock is available for $0.044, which is a steal considering its rising status in the GambleFi market. This industry is worth over $500 billion, and Rollblock is set to dominate it. This means those who invest in Rollblock today are set to make a massive return on their initial investments by the time the project hits the mainstream.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
