Damilola Lawrence

Author
Damilola Lawrence

Damilola Lawrence

Author

Damilola Lawrence has covered news on crypto markets and tech for over 5 years. He has previously shared crypto insights and analysis for TheShibMagazine, CryptoMode, Qweens Magazine, and The Recording Academy before pivoting into Web3. At Cryptopolitan, he is a crypto price prediction specialist. After finishing a bachelor’s degree, he has segued into a master’s degree in IT Cybersecurity at Maria Curie-Skłodowska University.

Author’s Articles

  • SEC cracks down on Utah-based DEBT Box in crypto fraud scheme, freezing $50 million in assets

    SEC cracks down on Utah-based DEBT Box in crypto fraud scheme, freezing $50 million in assets
    August 4, 2023 News
  • Tel Aviv Stock Exchange teams up with Fireblocks to launch digital asset services in Israel

    Tel Aviv Stock Exchange teams up with Fireblocks to launch digital asset services in Israel
    August 3, 2023 News
  • Mintlayer

    Mintlayer: Potential Uses for the Promising Layer-2 Sidechain of Bitcoin
    August 3, 2023 Cryptocurrency Guides
  • PayPal faces investor concern over Q2 margins; executives express optimism for year-end growth

    PayPal faces investor concern over Q2 margins; executives express optimism for year-end growth
    August 3, 2023 News
  • AI, not crypto, is the next frontier for financial regulation, says SEC Chair Gary Gensler

    AI, not crypto, is the next frontier for financial regulation, says SEC Chair Gary Gensler
    August 3, 2023 News
  • FTX seeks to exclude Dubai unit from U.S. bankruptcy proceedings

    FTX seeks to exclude its Dubai unit from U.S. bankruptcy proceedings
    August 3, 2023 News
  • Changpeng Zhao

    Binance CEO warns of new scam targeting crypto users
    August 3, 2023 News
  • FTX

    Reboot or retreat? Kraken co-founder questions the viability of FTX 2.0’s comeback
    August 2, 2023 News
  • Despite critics labeling Non-fungible tokens (NFTs) and associated crypto games a mere quick-money scheme, the Solana Foundation is determined to transform the tale, having made a public push in July 2023 with its Play Good Games (PlayGG) festival in San Diego, California. According to Johnny Lee, General Manager of Solana Games, the two-day festival was geared towards enticing the media, investors, and San Diego locals to discover a unique blockchain gaming experience without necessarily having NFTs or crypto brandished in their faces. Participants at the PlayGG event, including G2 Esports Pro gamers, were opportune to experience captivating games such as Aurory, Battle for Ankhos, Star Atlas, Alchemy, and 45+ titles. “The tremendous reception and enthusiasm from participants and our developer community has been overwhelming. This is a Web3-based event by all means, but we don’t think of it as one. We simply call it Play Good Games - PlayGG,” Lee said. With the term “NFT” gaining negative connotations in the blockchain gaming space, several developers have opted for a much friendlier description, such as “digital collectibles.” The games showcased at the free PlayGG event did not deviate from this new norm, as none of them, unlike previous blockchain-based games, pushed the “Tokens or NFT rewards” narrative. More interestingly, a significant number of the titles featured at the festival do not necessitate any kind of payment, whether crypto or fiat, to play. According to Lee, the goal for games backed by the Solana Foundation is not just about outperforming other blockchain-based games but to compete favorably when juxtaposed with other Web2 or traditional titles. Furthermore, Lee emphasized the importance of exhibiting high-quality blockchain-based games poised at delivering unparalleled gaming experiences to players. “To ensure that we only support promising projects, developers who approach us are required to afford our team playtest of their games, and we make a public announcement,” He said. In the past, gaming fans often criticized the expensive access and subpar quality of the “metaverse” and blockchain games. However, Solana Games have made public its willingness to invest the required resources and take short-term losses to ensure that only premium games launch on the Solana Network in the long term. Despite the optimism surrounding Solana’s gaming future, Lee acknowledges the setbacks that have befallen the blockchain in previous years and expresses positivity about the network’s strength in recent times. He added that the Solana network would seamlessly support transactions and games and that the upcoming Firedancer validator client could provide more stability. Per Lee, the performance improvement provided by Firedancer’s testnet has eclipsed the team’s expectations. “The titles showcased at the festival, despite being in the development stage, could level up well against traditional games upon release,” he added.

    OKX exchange unveils new feature for its Web3 wallets
    August 2, 2023 News
  • Kenyan government suspends Worldcoin operations amid concerns over data privacy and legitimacy

    Kenyan government suspends Worldcoin operations amid concerns over data privacy and legitimacy
    August 2, 2023 News
  • Microstrategy

    MicroStrategy posts impairment charge of $24 million in Bitcoin holdings; returns to profitability amid Bitcoin surge
    August 2, 2023 News
  • GameStop marketplace

    GameStop withdraws support for crypto wallets amid regulatory uncertainty
    August 1, 2023 News
  • FTX

    FTX’s draft re-organization plan stirs controversy: Creditors voice concern and demand greater involvement
    August 1, 2023 News
  • Nomura's Laser Digital secures Dubai's virtual asset license, outpacing Binance in full approval

    Nomura’s Laser Digital secures Dubai’s virtual asset license, outpacing Binance in full approval
    August 1, 2023 News
  • Binance

    Binance Japan unveils 34 tokens, including BNB, marks official re-entry into market
    August 1, 2023 News

  • Terraform Labs and Do Kwon to face SEC’s fraud allegations: US judge denies dismissal motion
    August 1, 2023 News
  • Bendigo Bank blocks high-risk crypto payments in Australia

    Bendigo Bank blocks high-risk crypto payments in Australia
    August 1, 2023 News

  • Presidential candidate Ron DeSantis pledges to end ‘war on Bitcoin’ if elected president
    July 31, 2023 News
  • Brazillian football legend Ronaldinho denies involvement in alleged cryptocurrency scheme during legislative hearing

    BALD token’s dramatic plunge: Developer denies exit scam allegations
    July 31, 2023 News
  • Nigeria's SEC declares Binance's operations illegal for the second time

    Nigeria’s SEC declares Binance’s operations illegal for the second time
    July 31, 2023 News
  • tokenization

    Is Tokenization of Natural Resources the Future of Global Economy?
    July 31, 2023 Learn Crypto: Beginner Guides
  • Curve Finance

    Curve Finance hacker returns part of stolen funds
    July 31, 2023 News