🚀 Elixir Games: Pioneering the Future of Web3 Gaming 🚀
🚀 Let's dive into key features and potential of #ELIX in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Elixir Games is a leading Web3 gaming platform simplifying access to blockchain games and delivering premium content. With over $20M in investments and backed by giants like Square Enix and Solana Foundation, Elixir boasts 1M+ downloads and 80,000+ monthly active users.
2️⃣ Technology and Features: Elixir leverages blockchain tech to elevate gaming experiences. Their smart contract-based ecosystem enables seamless payments, loans, and crowdfunding, with a beta payments platform and smart contracts architecture for lending.
3️⃣ Whitepaper Analysis: Elixir’s evolution from Web3 foundations to indie game distribution shows continuous innovation. The platform offers advanced authentication, unique overlays, IAPs, and social engagement tools. Partnerships with top developers, including Square Enix, highlight commitment to quality and diversity. Elixir introduces groundbreaking technologies in the Web3 space. Hosting over 130 games, Elixir promises a future rich with opportunities.
4️⃣ Use Case: The $ELIX token is central to Elixir’s ecosystem, used for: Payments for IAPs, NFT sales, and fiat ramps, DAO voting for community governance, Staking for launchpad tiers and APR-based returns, Token swaps for easy exchanges.
5️⃣ Team and Leadership: Elixir’s team includes visionary leaders and industry experts. Carlos Roldan (CEO), Danyil Shakto(CGO), Pablo Sciarrotta(CFO), Toni Canas (CTO Gaming) and many more.
6️⃣ Partnerships: Elixir collaborates with industry leaders like Square Enix, Solana Foundation, NeoTokyo, and CyberKongz, showcasing strong industry connections.
7️⃣ Security and Audits: Information on specific security audits is not available.
8️⃣ Tokenomics: Total supply 1.5B ELIX tokens. Circulating supply 132.15M ELIX tokens. Listing price: $0.05. Network: Solana.
9️⃣ Exchanges: Elixir Games is listed on major exchanges like Bybit, Gate.io, Orca and MEXC.
🔟 Conclusion: Elixir Games is revolutionizing gaming with cutting-edge tech, blockchain integration, and a vibrant community. As they continue to innovate, their commitment to enhancing the gaming experience remains unwavering.
🌟 If You find this thread useful Repost it & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha cryptosimbha 🦁🙏🏻
#CryptoSimbhaGems🦁🏹 #gamefi #Solana⁩ #Web3 #NFT $SOL
$RONIN
$XAI

On June 21, Light Protocol revealed that it partnered with Helius Labs to launch zero-knowledge (ZK) compression on Solana.
Solana has introduced a feature, ZK Compression, to lower the costs associated with on-chain account storage substantially. This development addresses a critical hurdle that has hindered wider adoption by businesses and consumer applications, making blockchain technology more accessible and affordable for various industries.

In a significant breakthrough for blockchain technology, Head of Strategy at Solana, Austin Federa, weighed in on a new feature called ZK Compression. This innovative development promises to drastically reduce the cost of on-chain account storage. Hence, it addresses one of the key challenges faced by institutions and mass-consumer applications.
What is Solana’s ZK Compression?
ZK Compression is designed to enable scalable application development. It allows developers and users to compress their on-chain state, drastically reducing state costs while maintaining Solana’s security, performance, and composability.
The tool uses ZK proofs to lower the costs of creating tokens and accounts on Solana. These proofs ensure data integrity and enable retrieval through RPC providers that support ZK compression. Developers can minimize on-chain storage costs by storing only state roots on-chain, with other data on the more affordable Solana ledger space.
Helius CEO Mert Mumtaz highlighted the significant cost reduction and scalability improvements brought by ZK compression.

Technical Advantages and Collaboration
Beyond just cost savings, ZK Compression maintains high security and performance standards on the Solana blockchain. Data compressed by ZK Compression is stored securely. Execution and availability remain on Solana’s L1, maintaining platform integrity and functionality.
This feature reduces costs while preserving the security, performance, and composability of Solana’s Layer 1 blockchain. It offers developers the flexibility to choose between standard and compressed on-chain states.
ZK Compression results from a collaborative effort within the Solana ecosystem, involving contributions from Light Protocol and Helius Labs. This partnership underscores the community’s commitment to advancing blockchain technology through innovative solutions.
The launch of ZK Compression marks a significant step forward for Solana, providing both cost efficiencies and technical enhancements that could attract a wider array of developers and businesses to the blockchain space.
#Solana⁩ #NEWS

A couple of days ago, the largest event of the solana blockchain community in the Asia Pacific (APAC) region took place, three days full of code, connect, collaborate & conquer with more than 50 speakers from different media of the solana ecosystem, it took place between June 20 and 22 in Kuala Lumpur, Malaysia.

The Solana Summit brings together the brightest minds in web3 for a powerful gathering. Expect keynote talks from visionary founders and technical deep dives with Solana protocol experts. Designed to drive forward thinking discussions and collaborations, Solana Summit promises to be a pivotal gathering for shapping the future of decentralized technologies in the a Asia-Pacific region.

Among the main speakers of the great event we have Armani Ferrante, who is the founder of the solana wallet called backpack, one of the safest in the ecosystem where you can have all your digital assets and collectibles, it also supports ethereum and arbitrum blockchains which makes it more versatile for investors. Other great celebrities present were Siong, the founder of the Top DEX aggregator in crypto called Jupiter, and finally the Technical Lead Jon Wong, from solana foundation, who gave one of the most informative and interesting talks of the event.
This type of event gives many developers the opportunity to present their proposals and opportunities, where many made their ideas known in search of acceptance and in turn sponsorship from large investors. The atmosphere at this event was full of innovation and camaraderie.
The most discussed topics were Ecosystem Updates, Scalability , Decentralized Finance, Web3 and dApps, which makes it easier to understand Solana solves one of the key pain points faced by institutions and mass-consumer applications: the cost of on-chain account storage. Generalized compression brings the same cost-savings to tokens and accounts as cNFTs did to NFTs before.

Solana Ecosystem Updates: Attendees can expect to hear the latest updates on the Solana platform, including its technological advancements, ecosystem growth, and upcoming initiatives.Scalability and Performance: Solana is known for its high-performance blockchain that can handle more than 65,000 transactions per second (TPS). The conference will explore the cutting-edge technologies behind Solana's high throughput and low-latency performance such as Solana's multiple validator clients.Decentralized Finance (DeFi): The DeFi landscape has exploded in recent years, and Solana has been at the forefront of this growth. The conference will cover DeFi's innovations, trends, and the future of decentralized finance on the Solana platform.Non-Fungible Tokens (NFTs): NFTs have taken the world by storm, and Solana has emerged as a popular platform for NFT creation and trading. Expect to learn about the latest trends in NFTs and how Solana is powering the next wave of digital art and collectibles.Web3 and dApps: Solana's fast and secure infrastructure has made it an attractive choice for Web3 and decentralized applications (DApps) development. The conference will discuss the growing Web3 ecosystem and how Solana can power the next generation of DApps.
Networking and Community Building: Solana Breakpoint is an excellent opportunity to connect with developers, entrepreneurs, and enthusiasts in the blockchain industry. Expect to make valuable connections, collaborate on projects, and join the Solana community.

The Solana community is forging a path for a decentralized future, and the developer community is here for it. With eyes now set on Breakpoint 2024 in Singapore, the Solana ecosystem is poised for its next big leap, ready to embrace new challenges and continue its trajectory towards becoming the backbone of the decentralized web.
#Solana⁩ #Educacion

Solana announced a significant investment of over R$5 million to support content creators and educators in Brazil.

Solana, one of the world’s leading blockchain platforms, has seen its project grow in Brazil largely due to the increased interest of the global crypto market in the SOL token ecosystem.
In light of this, Solana announced a significant investment of over R$5 million to support content creators and educators in Brazil. This move is part of a larger initiative to promote digital inclusion and financial education through blockchain technology in the country.
Those interested in participating in this initiative can register for DEFIHACK, an event organized by Solana Superteam Brasil in partnership with DeFiverso. The hackathon has already started with a week of training, which includes workshops, lectures and mentoring sessions. During the event, participants will have the opportunity to learn about the Solana blockchain and develop theses and articles in areas such as DeFi, NFTs, infrastructure, GameFi and DAOs.

Solana Superteam Brazil plays a key role in promoting digital inclusion and financial education. Through a series of workshops, lectures and mentoring sessions, the team educates participants on the applications of blockchain technology.
Additionally, the Superteam Earn platform connects talent from around the world with projects in the Solana ecosystem, offering opportunities for work and professional development.
These initiatives not only empower thousands of people to create content on the Solana platform, but also prepare professionals for the emerging Web3 market. The transition of developers to jobs in the blockchain space is facilitated by these initiatives, which aim to prepare Brazilians for a more inclusive and financially literate digital future.
Brazil Superteam Mission
Helping launch and grow the most promising projects in the Solana ecosystem in Brazil. It is characterized as a community of creators, developers, and operators with experience in launching and growing technology businesses.

Valuing the autonomy that comes with founding a company, the involvement in the game that comes with investing, and the joy that comes with achieving something. In a world before cryptocurrencies, we had to fit into predefined categories: founder, investor, or employee. Cryptocurrencies allow us to be free and be all three at the same time.
What are DEFIHACK?
It is a hackathon in collaboration between Superteam Brasil and DeFiverso. The main goal is to work together to foster and teach more and more about the Solana ecosystem, allowing you to benefit from this knowledge.
Learning and Development: We will help you learn more and more about the Solana ecosystem. By creating, you study more and learn more, allowing you to understand everything that is being developed and help solve real day-to-day problems through the Solana blockchain.Global Visibility: Through your work and publications, Solana has global reach, and the entire world will be seeing your work. Here at Solana, you are noticed and we value everyone who participates. With this, you can become an exclusive member, receive special prizes, and even work with the Solana team.Working with Solana: We are constantly looking for talent. If you dream of working in the web3 marketplace, Solana is the best place to start. Through the hackathon, we will keep an eye out for new talent.Believe in yourself: Web3 opens the door for anyone to create permissionless applications that will change the way we all interact with finance, gaming, and more. Dream big and use the powerful technologies of web3 (blockchain, cryptography, AI, etc.) to create products that will change the world for the better.

#Solana⁩ #Educacion

Tin Tức Gần Đây:
Cải Tiến Công Nghệ: Solana tiếp tục phát triển và cải tiến công nghệ của mình để tăng cường tốc độ giao dịch và giảm chi phí.
Hợp Tác Mới: Solana đã ký kết nhiều hợp tác mới với các công ty blockchain và fintech, nhằm mở rộng hệ sinh thái của mình.
Quan Tâm Của Nhà Đầu Tư: Sự quan tâm từ các nhà đầu tư tổ chức vào Solana đang gia tăng, đặc biệt khi nền tảng này chứng minh được tính khả dụng cao và sự ổn định.
Tác Động:
Tích Cực: Cải tiến công nghệ và sự mở rộng hợp tác sẽ giúp Solana thu hút nhiều dự án hơn, tăng cường tính thanh khoản và giá trị của SOL.
Tiêu Cực: Áp lực cạnh tranh từ các nền tảng khác như Ethereum 2.0 và Polkadot có thể làm giảm tốc độ tăng trưởng của Solana.
Phân Tích Kỹ Thuật
Các Mức Hỗ Trợ và Kháng Cự Hiện Tại:
Hỗ Trợ:Mức hỗ trợ chính nằm ở khoảng $120.
Mức hỗ trợ phụ ở khoảng $130.
Kháng Cự:Mức kháng cự chính ở khoảng $150.
Mức kháng cự phụ ở khoảng $170.
Biểu Đồ và Chỉ Báo:
Xu Hướng Hiện Tại: Xu hướng chính đang là giảm nhẹ, với các mức kháng cự và hỗ trợ đang được thử nghiệm.
RSI: RSI hiện tại ở mức 36.21, cho thấy trạng thái bán quá mức nhưng có thể có sự phục hồi nhẹ.
Dự Đoán Biến Động: Biểu đồ cho thấy khả năng giá sẽ dao động trong khoảng từ $120 đến $150 trong ngắn hạn trước khi có thể bứt phá.
Dự Đoán Giá Cho Quý 3 và Quý 4
Quý 3:
Giá Dự Kiến: Giá có thể dao động trong khoảng từ $120 đến $150, với khả năng bứt phá lên trên nếu thị trường tổng thể ổn định và có sự hỗ trợ từ các tin tức tích cực.
Chiến Lược Hold: Các nhà đầu tư có thể xem xét giữ nếu giá giữ vững trên mức hỗ trợ $120 và có dấu hiệu phục hồi.
Quý 4:
Giá Dự Kiến: Nếu các yếu tố cơ bản và kỹ thuật duy trì tích cực, giá có thể tăng lên mức $180 và thậm chí chạm mức $200.
Chiến Lược Hold: Nhà đầu tư có thể cân nhắc tiếp tục giữ nếu có sự bứt phá rõ ràng qua mức kháng cự $150 và tiếp tục theo dõi các tin tức và biến động thị trường.
Kết Luận:
Solana đang ở giai đoạn phát triển mạnh mẽ với nhiều cải tiến và hợp tác. Mặc dù có áp lực cạnh tranh, nhưng với sự quan tâm ngày càng tăng từ các nhà đầu tư và cộng đồng blockchain, Solana có tiềm năng tăng trưởng giá trị trong nửa cuối năm 2024. Nhà đầu tư nên chú ý theo dõi các mức hỗ trợ và kháng cự, cùng với tin tức mới nhất để đưa ra quyết định hợp lý.
#Write2Win #CryptoTradingGuide #BinanceTournament #Solana⁩ #Web3
$SOL

Solana is a high-performance Layer 1 blockchain optimized for user experience, delivering fast execution speeds and low transaction costs. Today, Solana delivers 400ms block times, upwards of 2000 transactions-per-second (TPS), sub-cent transaction costs, and is home to over 120 unique applications. 
Formerly known as Loom Network, Solana’s origins can be traced back to 2017, when founder Anatoly Yakovenko published his Proof-of-History whitepaper, proposing a new methodology for keeping time between computers that do not trust or know one another. With the contribution of former Qualcomm co-workers Greg Fitzgerald and Stephen Ackridge, the idea turned into reality and Solana’s mainnet-beta went live in March 2021. 


Similar to Ethereum post-Merge, Solana uses a Proof-of-Stake consensus mechanism, meaning validators influence in securing the network is contingent on the amount of stake they hold. Solana uses the $SOL token to subsidize computational resources for validators, like gas fees, for delegating blockspace through staking, and proliferating the ecosystem. 

What is Solana’s Vision?
In the words of Anatoly, “the goal with Solana is to have one giant global state machine with the lowest latency and lowest fees that physics will allow”.

Why Solana? 
Solana’s unique architecture and key features allows for optimizations in speed, scalability, and costs. Using a monolithic architecture removes the need for liquidity fragmentation and additional developer overhead, allowing developers on Solana to focus on building high quality consumer-centric products and services. 
Speed
Speed is one of the most important factors of internet applications and services today - being able to deliver information with as little latency as possible is critical for businesses with real-time data needs. However, blockchains were originally built around security and decentralization, which came at the cost of speed. 
Bitcoin uses a Proof-of-Work consensus mechanism, in which miners compete to solve a cryptographic puzzle in order to produce the next block. This process is intentionally resource-intensive for security purposes - but it also means transactions can take up to 10 minutes or more to be executed.  Ethereum, which originally used Proof-of-Work before the Merge, produces transactions sequentially - or one at a time. By doing so, the network can be certain the order of transactions for everyone is the correct one. However, as a result, blocks are produced every 12 seconds. Solana uses parallel processing to deliver its high speed and throughput. This is made possible with the Sealevel engine. Sealevel uses a multi-threaded architecture to process multiple non-conflicting transactions concurrently, allowing Solana to deliver its high speeds and throughput. 
Scalability 
As with any digital network, the ability to support an influx of new users and development over time is critical for blockchains. 
Ethereum scalability today is largely contingent on the proliferation of rollups and other Layer 2 solutions. Rollups are intended to scale Ethereum by reducing overall network traffic and activity - they execute transactions in their own execution environment, which are then sent to Ethereum to be settled. However, the growth and advancement of rollups is still largely reliant on Ethereum’s overall success. Using a rollup requires bridging from Ethereum, which imposes complexities for new users. Furthermore, the nature of rollup sequencers has raised concerns regarding the centralization of these alternative systems. Cosmos chains often function as their own blockchain network, and are therefore responsible for their own scalability - there is no particular blueprint or roadmap. Cosmos app-chains offer customizability that can enhance application experience, and are interconnected among each other by the IBC. However, this approach hinders adoption for newer applications which still need to bootstrap users. On the other hand, Solana’s scalability is mostly contingent on continuous breakthroughs in hardware development. Moore’s law suggests that the number of transistors on a microchip doubles every 2 years at minimal cost, meaning hardware becomes exponentially more efficient over time. Similar to AI models, Solana’s growth and advancement over time requires continuous breakthroughs in the efficiency of compute. Furthermore, Solana has introduced key features like state compression, which allow data to be processed and stored at a fraction of the cost previously. This is already actively in use with applications like DriP, which mint (millions) of cNFTs on-chain every week. 

Cost-Savings 

Gas fees are a part of any blockchain network - they provide a subsidy for the computational resources exhausted by validators to secure and verify the network. However, historically speaking, service providers aim to lower costs for businesses, oftentimes engaging in a “race to zero fees” with competitors. 
Ethereum has undergone numerous developments in its approach to gas. Currently under EIP-1559, Ethereum gas is calculated by a dynamic model which adjusts for network activity - as activity picks up, so does the gas fee. The fact remains that today, the costs of operations on-chain are quite high on Ethereum due to gas. On the other hand, Solana offers exponentially lower transaction costs. It uses a uniform base fee of < $.01 for all transactions, in addition to a priority fee which the sender can opt in to. This allows for use-cases not possible on other networks - for example, Jupiter’s DCA feature, which performs multiple transactions at varying market conditions on user’s behalf. On Ethereum, a feature like this could cost the end-user hundreds of dollars in gas fees alone, whereas on Solana, this may be worth a penny at most. 
Conclusion 
Solana is a high-performance integrated Layer 1 blockchain. Its unique architecture and features offer enhancements in speed, scalability, and cost-savings relative to other blockchains. While other networks and ecosystems, such as Ethereum or Cosmos, provide developers with many tools and resources to choose from to custom-build their chain, Solana allows developers to focus directly on building end-user products and services. 

Solana is building the most powerful global state machine possible, empowering a wide range of retail and enterprise-focused products and services that are indeed, Only Possible On Solana.  

Disclaimer: None of the content in this article should be construed as financial advise. It is for information purposes only. Always do you own research.

#Solana⁩ #Educacion #Solana🚀