Star Atlas, a pioneer in the fusion of gaming and blockchain, has achieved a significant milestone with the listing of its ATLAS token on LBank. This marks a new chapter in its journey and has sparked a surge in market interest, resulting in a 60% increase in ATLAS's value. Investors and gamers alike are drawn to Star Atlas's innovative approach, reflecting growing excitement and confidence in the project.
The Visionary Roadmap
At the recent 2023 Breakpoint keynote, Star Atlas showcased an ambitious roadmap that combines the thrill of gaming with the revolutionary capabilities of blockchain technology. This forward-thinking plan sets a new benchmark in the virtual gaming world, powered by the Solana blockchain.
Revolutionizing the Gaming Experience
Over the past three years, Star Atlas has meticulously constructed its digital universe. The release of the Unreal Engine 5 game, now available on the Epic Games Store with version R2.1, is a significant milestone. This version introduces an exhilarating multiplayer dimension, merging in-game NFT assets with a digital marketplace. The result is a seamless and immersive gaming experience.
Raising the Bar with R2.2
The upcoming R2.2 release will further elevate the multiplayer gaming experience. It will feature competitive combat racing, groundbreaking on-chain features like blockchain-linked ship configuration, and extensive mastery and XP systems. Star Atlas aims to set a new standard in real-time multiplayer metaverse gaming, with the capacity to accommodate up to 30,000 simultaneous users.
Expanding Beyond the MMO
Star Atlas's ambition extends beyond its Unreal Engine MMO world. With the introduction of Star Atlas: Golden Era, a browser-based strategy game fully integrated with the Solana blockchain, the gaming universe expands across different platforms. This game enhances the metaverse experience with advanced guild systems and on-chain architecture.
Empowering Developers and Building Community
Recognizing the importance of community and collaboration, Star Atlas has initiated an open IP policy and a comprehensive build program for developers. This approach has fostered a community of innovation around the Star Atlas universe, with over 16,000 downloads of its development kits.
Building a Digital Nation-State
Star Atlas's broader vision, as highlighted in its keynote, is to create more than just a game. It aims to build a digital nation-state powered by a community-driven economy, enabled by Solana's blockchain technology. The upcoming year will showcase the significant progress made towards this ambitious vision.
A Future Forged Together with LBank
The collaboration with LBank is pivotal in redefining the MMO metaverse experience. This partnership signifies a future where gaming and blockchain are seamlessly intertwined, unlocking new possibilities in the digital world. The journey of Star Atlas, strengthened by LBank, demonstrates the power of strategic partnerships in shaping the future of blockchain and gaming.
Learn More about STAR ATLAS:
Official Website: https://staratlas.com/
Contract: https://solscan.io/token/ATLASXmbPQxBUYbxPsV97usA3fPQYEqzQBUHgiFCUsXx
Twitter: https://twitter.com/staratlas
Discord: https://discord.gg/staratlas
YouTube: https://www.youtube.com/@StarAtlasGame
Game: http://labs.staratlas.com
Game Store: https://store.epicgames.com/en-US/p/star-atlas-bead34
Governance: https://govern.staratlas.com
Frequently Asked Questions
What precious metals can you invest in for retirement?
The first step to retirement planning is understanding what you have saved now and where you are saving money. You can start by making a list of all your assets. This includes all savings accounts and stocks, bonds or mutual funds. It also should include certificates of Deposit (CDs), life insurance policies. Annuities, 401k plans, real-estate investments, and other assets like precious metals. To determine how much money is available to invest, add all these items.
If you are less than 59 1/2 years of age, you may be interested in opening a Roth IRA. A Roth IRA is not able to allow contributions to be deducted from your taxable earnings, but a traditional IRA can. However, you can’t take tax deductions from future earnings.
You will need another investment account if you decide that you require more money. You can start with a regular brokerage account.
Which precious metal is best to invest in?
Investments in gold offer high returns on their capital. It can also protect against inflation and other risks. The price of gold tends to rise as people become concerned about inflation.
It’s a good idea to purchase gold futures. These contracts guarantee that you will receive certain amounts of gold at a given price.
However, futures on gold aren’t for everyone. Some prefer to have physical gold.
They can easily exchange their gold with other people. They can also easily sell it whenever they like.
Some people want to avoid paying tax on their gold. They buy gold directly from government to do this.
This requires that you make multiple trips to the local post office. You must first convert any existing gold into coins or bars.
You will then need to obtain a stamp for the coins and bars. Then, send them to the US Mint. There they will melt the coins or bars into new ones.
These new bars and coins have the original stamps stamped on them. This means they can be used as legal tender.
If you buy gold from the US Mint directly, you won’t have to pay tax.
Which precious metal would you prefer to invest in?
Are precious metal IRAs a smart investment?
The answer depends on how much you are willing to risk an IRA account losing value. They make sense if you have $10,000 in cash as long as you don’t expect them to grow very quickly. These might not be the best options if you’re looking to invest in assets that have the potential to rise in value (gold) and plan to save for retirement for many decades. You may also have to pay fees, which can reduce your gains.
Statistics
- If you accidentally make an improper transaction, the IRS will disallow it and count it as a withdrawal so that you would owe income tax on the item’s value and, if you are younger than 59 ½, an additional 10% early withdrawal penalty. (forbes.com)
- The maximum yearly contribution to an individual’s IRAs is currently $6,000 ($7,000 for those 50 years or older), or 100% of earned income, whichever is less. (monex.com)
- You can only purchase gold bars of at least 99.5% purity. (forbes.com)
- The IRS also allows American Eagle coins, even though they do not meet gold’s 99.5% purity standard. (forbes.com)
External Links
investopedia.com
en.wikipedia.org
regalassets.com
kitco.com
How To
Precious metals approved by the IRA
IRA-approved precious metallics are great investments, whether you want to save for retirement and invest in your next venture. You have many options to diversify your portfolio, protect yourself against inflation, and from silver coins to gold bars, there are many.
Precious metal investments products can be purchased in two forms. Physical bullion products such as bars and coins are considered physical assets because they exist in tangible form. However, exchange-traded fund (ETFs), which are financial instruments, track the price movement of an underlying assets, such as gold, and can be purchased directly from the company issuing them. ETFs can be purchased directly from the company issuing them, and trade in the same way as stocks on stock exchanges.
There are many different types of precious metallics available to purchase. For jewelry and ornamentation, gold and silver are common. Platinum and palladium are associated more with luxury items. Palladium holds its value better than that of platinum which makes it ideal to be used in industrial applications. While silver is used in industry, decorative uses are preferred over it.
Because of the costs involved in mining and refining raw material, physical bullion products can be more costly. However, they are generally safer than paper currencies and provide buyers with greater security. For example, consumers may lose confidence in the currency and look for alternatives when the U.S. dollar loses purchasing power. Contrary to this, physical bullion does not rely on trust among countries or between companies. Instead, they are backed up by central banks and governments giving customers peace-of-mind.
The supply and demand for gold affect the price of gold. The price of gold will rise if there is more demand. Conversely, a decrease in supply can cause the price to fall. This dynamic creates opportunities for investors to profit from fluctuations in the price of gold. Investors who own physical bullion products benefit from these fluctuations because they receive a higher return on their money.
Unlike traditional investments, precious metals cannot be affected by economic recessions or interest rate changes. As long as the demand for gold remains strong, it will continue to rise. Precious metals, which are safe havens for times of uncertainty, are therefore considered to be safe havens.
These precious metals are the most in demand:
- Gold – Gold is the oldest precious metal. Gold is also called “yellow-metal”. While gold is a well-known element, it is very rare to find underground. Most of the world’s gold reserves can be found in South Africa and Peru, Canada, Russia and China.
- Silver – Silver is second most valuable precious metal, after gold. Silver, like gold, is extracted from natural deposits. However, silver is usually extracted from ore and not from rock formations. Silver is widely used in industry and commerce because of its durability, conductivity, malleability, and resistance to tarnishing. The United States accounts for more than 98% global silver production.
- Platinum – The third most valuable precious metallic is platinum. It can be used in many industrial applications, including fuel cells, catalysts, and high-end medical devices. You can also use platinum in dentistry to make dental crowns and bridges.
- Palladium – Palladium is the fourth most valuable precious metal. Due to its strength and stability, it is quickly gaining popularity among manufacturers. Palladium can also be used in electronics, military technology, and automobiles.
- Rhodium – Rhodium is the fifth most valuable precious metal. Although rhodium is extremely rare, it is highly sought after because of its use in automobile catalysts.
- Ruthenium – Ruthenium ranks sixth in the list of most valuable precious metals. While there are only limited supplies of platinum and palladium, ruthenium is plentiful. It is used in the manufacture of steel, aircraft engines, as well as chemical manufacturing.
- Iridium: Iridium (the seventh most valuable precious metallic) is the seventh. Iridium has a significant role in satellite technology. It is used to build satellites orbiting that transmit television signals, phone calls, and other communications.
- Osmium – Osmium is the eighth most valuable precious metal. Osmium can withstand extreme temperatures and is commonly used in nuclear reactors. It’s also used in jewelry, medicine and cutting tools.
- Rhenium – Rhenium has been ranked as the ninth most valuable precious metallic. Rhenium is used to refining oil and natural gas, in semiconductors, and rocketry.
- Iodine – Iodine is the tenth-most valuable precious metal. Iodine can be used in radiography, photography, and pharmaceuticals.
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By: Media
Title: Star Atlas: A New Era in Gaming and Blockchain
Sourced From: news.bitcoin.com/star-atlas-a-new-era-in-gaming-and-blockchain/
Published Date: Fri, 17 Nov 2023 12:00:24 +0000
