Stratis is thrilled to announce their plans for StratisEVM. A new blockchain that leverages an Ethereum. This is a huge step forward for Stratis, bringing their expertise products and future developments to the Ethereum ecosystem, enabling the availability of mature tooling and interoperable possibilities.

As outlined in the whitepaper, Stratis embarked on a mission to develop a blockchain platform from the ground up, utilising Microsoft’s .NET Core Framework. Throughout this journey, Stratis has successfully developed a functional platform with an innovative and market-first approach to Smart Contract execution, scaling solutions, and various products that leverage the Stratis Platform and introduce blockchain technology.

Working within a fast-paced environment, such as blockchain, has seen Stratis focus on many solutions, including Self-Sovereign Identity, Supply Chain, NFT Marketplace, ICO/STO Management and many more. The ultimate goal has been to gain adoption, both for the platform and the token, $STRAX.

This has presented challenges for Stratis in several business engagements, with concerns around interoperability and tooling availability. Stratis committed itself to building tooling around the platform, including developing SDKs for Unreal and Unity Gaming Engines and various programming languages, sponsoring .NET conferences and events, as well as projects such as DevEx, which provides static code analysis for Smart Contract development. Although best efforts were made, rivalling the tooling and innovative development of rival platforms, such as Ethereum, was almost impossible.

The primary focus for Stratis was to develop and deliver a Microsoft-focused blockchain platform, which has been delivered; however, during this time of development, platforms such as Ethereum have grown exponentially, with record-breaking usage and market capitalisations. Stratis has reviewed their goals, performed market research and utilised their knowledge of the space gained through business engagements and years of experience in blockchain. Something that became evident was how developing a new platform had inadvertently become a hindrance to adoption. This has resulted in a decision to migrate to an Ethereum-based blockchain. Enter StratisEVM.

StratisEVM

As Stratis submerses itself into the Ethereum network, it unlocks a multitude of opportunities, including access to mature web3 tooling, streamlined entry to DeFi protocols, and a thriving ecosystem of dApps, while also becoming more accessible to a well-established developer community.

The StratisEVM Blockchain will be an advanced, web3-ready, Ethereum-based PoS (Proof-of-Stake) Blockchain, with the $STRAT being the native token. It will be an L1 (Layer 1) blockchain, with plans to introduce an L2 (Layer 2) solution specifically focusing on high-throughput and low finality, catering to gaming and DeFi solutions. This will replace the existing Stratis Blockchain(s). Stratis has been innovating within the blockchain space since 2016 and will continue to do so with the new StratisEVM. Initially, the focus is on further enhancing and tailoring the new blockchain to be ready for mass adoption. This not only positions Stratis as a welcoming blockchain for new developers but also offers a primed environment for the deployment of games and DeFi solutions.

What happens to STRAX?

As part of the StratisEVM vision, a token swap will enable holders of the existing $STRAX Token to exchange their tokens for the new $STRAT Token. In addition to the swap, there will also be a supply increase of 1:10, meaning that for every 1 STRAX Token, there will be 10 STRAT Tokens issued, bringing the token supply to just over 1.53B. The greater token supply aims to make the token more attractive, especially for its utilisation within gaming.

The current inflation rate will remain in place, with a percentage of the block reward being distributed to a Masternode Operator Reward Pool. StratisEVM will feature a Masternode Contract that will enable new and existing Masternodes to lock their collateral and continue to receive rewards as they do on the current blockchain. Additionally, as part of the StratisEVM launch, Stratis will honour reduced collateral requirements for the original Masternode operators (pre-STRAX) who remain federation members at the time of swap.

What will be the focus?

Stratis will continue to innovate and aim to focus on the gaming industry and their existing suite of products, primarily Stratisphere, Ticketsphere and the GBPT Stablecoin issuance. Stratis anticipates a surge in the gaming industry over the coming years, particularly in mobile gaming, and this remains a strong focus, evidenced by the recent announcement of Project Atlantis. Additionally, Stratis feels that deploying solutions on an Ethereum-based blockchain will be more appetising, given the presence of Ethereum-based solutions in enterprise environments. Stratis will also be a focus on rebranding, with the launch of a new website and corporate colours that align with the future vision of StratisEVM.

Gaming

To further position themselves as the go-to for gaming development and GameFi, Stratis will migrate their Unreal and Unity SDKs to StratisEVM, along with accompanying documentation, and focus on a dedicated Layer-2 Solution, specifically for gaming. Stratis has already discussed the migration with the gaming development teams on Stratis and will support the migration of Dawn of Ships, Trivia Legends, MYXRGallery and Corgi Dash.

Masternodes

Stratis will continue offering Masternodes on the StratisEVM Blockchain and retain block rewards for Masternode Reward Distribution. Similarly, to staking, the focus will be placed on simplicity, with the vision of enabling token holders to lock their tokens and receive rewards on a regular and consistent basis.

Stratis Decentralised Accelerator (SDA)

The SDA enabled several companies, ranging from indie gaming studios to technology start-ups, to build and deploy on Stratis. Stratis will support these projects as they migrate to StratisEVM and will aim to increase the SDA Token Allocation to enable further growth for existing projects and incentivise the migration of stand-out projects on other Ethereum-based chains.

Staking

A simple and effective staking pool solution will be introduced, enabling holders of the $STRAT token to easily stake and be rewarded for securing the network. The focus here will be simplicity, as seen on the existing Stratis blockchain, ensuring the chain can be secured with ease and limited technical skills. Stratis will also explore Staking-as-a-Service to enable token holders to stake their tokens without maintaining any hardware.

Token Bridge

In addition to the existing Stratis solutions and developments, a bridge to the Ethereum Mainchain and other EVM-based blockchains will be deployed. The bridge will amplify the $STRAT Token and StratisEVM blockchain’s interoperability and signifies a pivotal step towards an interconnected and versatile platform that is much needed within the space.

Web3

The move to an Ethereum-based blockchain brings an abundance of web3 tooling; as such, Stratis will focus on offering support for the leading tools and services, such as MetaMask, Remix and web3 development providers such as Chainstack.

When is this happening?

The community is imperative to the success of a platform, and Stratis understands this. As such, a vote will take place, enabling the community to decide the future of the platform and the tokenomics.

Keep an eye on the Stratis social channels and join our Discord Server for all the latest updates on the StratisEVM initiative. Your involvement is crucial, and Stratis is excited to move forward together with the community’s input.

Stratis is ecstatic to announce the release of Ticketsphere, an innovative NFT ticketing platform. Ticketsphere empowers event managers, artists, and venues with a digital environment to generate and distribute event tickets in the form of non-fungible tokens. As part of the ticket-buying process, the NFTs are relayed to the ticket purchaser, ensuring legitimate ownership, a fully non-custodial experience, and more avant-garde experiences.

Ticketsphere is devised for both web3 and non-web3 users, putting a premium on accessibility and user-friendly experiences. Tickets can be purchased using traditional methods of debit/credit card via a simple e-commerce journey. After buying a ticket, customers scan a QR code or click the Open Wallet button to register their device, leading to the issuance and secure storage of the ticket within the Ticketsphere app on their smartphone.

The Ticketsphere mobile app is also utilized at the venue, allowing staff and event organizers to effectively verify an attendee’s ticket’s authenticity. With NFT tickets, event managers can now interact with their attendees in an unprecedented manner, offering access to exclusive content, loyalty rewards, community access, and a multitude of novel digital experiences that vastly surpass the traditional paper tickets.

At present, Ticketsphere’s website is set to a demo mode, permitting anyone to explore its functionalities via ‘mock’ events that are entirely free to acquire. Individuals interested in listing their event can initiate this process by going through the ‘Create an Event’ steps. Ticketsphere’s mobile applications are readily available on both the iOS App Store and Google Play Store. Alternatively, these can be downloaded directly by visiting https://ticketsphere.com.

You can follow Ticketsphere social channels for more information on upcoming features of the platform, including the ability to introduce royalties into ticket sales, combating the age-old problem of ticket scalpers who resell at an inflated price.

https://twitter.com/ticketsphere_/

Six months ago, Stratis assembled a gaming division comprised of an elite team of gaming developers with one distinct goal: to develop a game that synergizes AI with Stratis Blockchain Technologies. Today, Stratis is thrilled to unveil their latest development, Project Atlantis.

Stratis set out to take city builder games a step further and has done so by introducing an economic aspect of an in-game currency token deployed on the Cirrus Blockchain. This game currency can be earnt, traded and swapped with real money, giving your hours spent in the game a real-world value. In addition to integrating Stratis Blockchain Technologies, Project Atlantis will utilize Artificial Intelligence to provide extraordinary conversational experiences with Non-Player-Characters in newly discovered cities. The utilization of LLMs will also offer real-time artefact generation, creating unique in-game assets, such as terrain, characters, items, and more. It doesn’t end there. Project Atlantis will also lean on generative models to provide atmospheric music based on the surrounding environment, creating a genuinely unique experience for players as they navigate the world of Project Atlantis. When applied correctly, gaming is a great use case for blockchain and AI, enabling new and innovative ways for users to genuinely own unique in-game items and explore new token economics that holds value outside the gaming realm.

Set in a futuristic landscape, Project Atlantis is a city-building game where every player exists on a single server, and the gameplay unfolds regardless of your online status. Your journey begins in colonies – once bustling hubs now desolate, dotted with tiny structures. Each colony operates independently, owning its resources, buildings, armies, and traders. As the game progresses, these colonies expand, more building slots are unlocked, and players are guided towards collaboration, trades, and combat for supremacy. You will lead your armies through epic battles for resources and destruction, manage resource nodes, create trade mechanisms, and engage in espionage to stay ahead of the competition. Moreover, you can join alliances and trading guilds for political interactions or maintain relations with resource-rich regions to be conquered, traded with, or negotiated upon.

Screenshots of the actual game can be found below:

For those who relish intricate resource management, city building, and strategy games or crave an immersive world where earning and gaming coexist, Project Atlantis is your ultimate destination. It promises intense gameplay, multi-layered strategic elements, and, most significantly, the integration of Stratis Blockchain Technologies and Artificial Intelligence. We look forward to welcoming you into Project Atlantis and venturing beyond the traditional gaming experience into the unexplored frontier of future gaming.

More details will be released in the coming months, including exclusive beta access for members of the Stratis Community. Stay tuned in our Discord server to be the first to know: https://discordapp.com/invite/9tDyfZs

Many in the Stratis community will already know that development using the Stratis blockchain has been active in the early part of 2023. Below, we summarise some of the major developments on the Stratis blockchain, however there is no replacement for joining the Stratis community yourself and seeing the updates first-hand on our Discord. Anyway, without further ado, here is the Stratis Decentralised Accelerator (SDA) update number seven, summarising the major updates which have been facilitated by the SDA over the last few months.

My XR World

My XR World is a unique metaverse experience which allows users to socialise online and display their digital assets in a personalised virtual space. Recent updates have enhanced the user experience on the My XR World platform, with one of the most exciting of these recent additions is a new feature which allows users to upload almost any type of image to their world with ease. This allows for increased personalisation of your space- a key feature for My XR World.

There have also been some operational improvements, such as updates to the asset browser and improved moderation features. This will allow for better organisation of assets and ensuring My XR World is safe for everyone, two significant steps in making My XR World a more user-friendly and enjoyable experience.

The My XR World team is also hard at work on new features following the approval of their third SDA proposal. This includes work to further improve uploading of assets, including 3D assets, entire Unity scenes and music files. This will include tools which allow users to monetize 3D assets they upload, rewarding artists for their work and increasing incentives to innovate and create. We also hope to allow users to upload their reddit pages in the Metaverse 3D environment through Reddit P. This will allow users to easily and aesthetically present memes, the latest media and other updates in the Metaverse, through a platform which many of our users already enjoy regularly.

There is more work being undertaken including work on a new UI and the ability to buy storefront in the metaverse mall- however we only have so much space. If you are interested in learning more or want to try the beta test, contact the team at [email protected]. We look forward to seeing you in the metaverse!

Kiqqi Games

Kiqqi games is a Croatian game development team that has embraced NFTs and web3 as a core part of their company ethos. They are currently working on Trivia Legends, a Trivia strategy game powered by the Stratis Blockchain, in which characters are represented by NFTs.

Kiqqi are currently working on a number of improvements in the NFT systems. This includes fixes to the mint scaling system and tools to ease NFT game collection management, which is used in Trivia Legends but can theoretically be used across all of their games. They are also researching ways to introduce cross-game NFT characters- so do watch this space as the Kiqqi games universe could soon become very connected

Other work going on across Kiqqi include work on their Question API and Database for Trivia Legends, which will allow for extensions like adding questions on the fly and multi-language translations. Work is also ongoing for new game features, where they are currently focussing work on improving existing code and architecture. 

With the recent release on iOS and Android stores, there has never been a better time to start playing Trivia Legends.

Download it here: https://link-to.app/nuUwHRYgqt  

DevEx

Stratis DevEx is a project dedicated to improving the developer experience for those using Stratis smart contracts. DevEx is currently working on a few new features, these include implementing a call graph exploration tool window, control-flow graph exploration tool and class + struct diagram tool window. Another piece in development is cross-platform GUI which will analyse the running of different IDEs like Visual Studio and JetBrains Rider which helps to visualise information and will also provide UI elements allowing a valid smart contract to be tested or uploaded to a node.

DevEx is essential for the Stratis blockchain to realise its potential as smart contracts automates certain actions on the blockchain, making the process more user friendly- decreasing the burden of trust required for transactions to take place.

Read more about the work being undertaken on DevEx here

Corgi Dash

Corgi Dash is a Mario Run inspired game where anyone can earn coins through skilled gameplay and contributions to the ecosystem. Corgi Dash is happy to announce that it has been made available on PC beta and is available for download on Github. Whether you’re an experienced gamer or a first-timer we think that this game is for you, as it is packed full of excitement and also gives the chance to earn Corgi Coins which will be added to your Stratis wallet. Powered by Stratis blockchain, be ready for an exciting run to the Corgi House!

Keep up to date via Twitter, Discord, or checking out the website.

Dawn of Ships

Dawn of Ships is continuously developing, with recent focus on their Beta releases. Dawn of Ships recently released their closed Beta, which allows Club Pass holders to play their game. So if you want to play now get your pass now, Astroverse club passes are available on the Stratisphere store. The game allows players to battle it out on the seas, with utility NFTs representing ships and crew to give a deeply strategic, yet fun, experience for players.

Soon we expect to see the open Beta release, so keep an eye on their Twitter so you can begin playing as soon as it is released.

Coinvault

Our final update is to announce the V1 release of Coinvault! This is a massive achievement so a big well done to the Coinvault team for all their hard work on this. Coinvault is a Stratis and Cirrus non-custodial HD wallet in your extension browser for your token, identities, NFTs and more. Featuring indexers, smart contract interactions and more, it allows for an integrated approach with the Stratisphere platform and Opdex which gives a smooth user experience. Meaning that this release is a big step forward for the Stratis blockchain and community as a whole.

The coinvault team is now working on optimising and adding more features. Specifically, they are focussing on the stability of the code and secure audits. Recently they presented at the Stratis London Meetup- so do come to our next one to hear about more exciting projects.

CoinVault is now available from the Chrome Web Store, so be sure to click on the link and try it out for yourself.

March sees the days becoming longer, things warming up, and the trees starting to bloom. As we move into spring, the Stratis community has a lot to celebrate. We have seen several updates, releases and meetups — read a recap of this below.

Stratis Unreal Metaverse Plugin

Stratis has released a new Metaverse Plugin, which is available now from the Epic Games Unreal Marketplace.

The plugin helps designers to interact with the node in the Stratis blockchain. This enables users to leverage decentralised infrastructure to build next-generation apps and games. The plugin uses decentralised apps (dApps) that have their backend code running on a decentralised network in the place of a centralised server. Smart Contracts are used for the app’s logic, allowing for transparent mediation of transactions.

The plug-in also allows users to mint, transfer and deploy NFTs and ERC20- like tokens, allowing for enhanced security, real ownership, and operational in-game currencies.

Interact with the Stratis node today by downloading the plugin here:

https://www.unrealengine.com/marketplace/en-US/product/stratis-blockchain-plugin

February Meetup

On the 17th of February, we again welcomed many of you to Tower Suites in London. The community is vital to any healthy web3 ecosystem, and it is always good to see you guys in person as we continue to build our community. Thanks to everyone who came- and a special thanks to those who spoke.

Our next one is on the 24th of March, so grab your free tickets from the link below. We can’t wait to see you there!

https://www.eventbrite.com/e/blockchainmetaversenftgamefi-meetup-tower-suites-tickets-450414420657

Trivia Legends

We briefly mentioned the breaking news of the Apple and Android release of Trivia Legends in our last monthly update, but we thought we’d give it a little more focus this month.

Trivia legends is a casual mobile play-to-own collectible-style trivia game. Trivia is mixed with strategy to offer a twist to the standard trivia format — a move which makes gameplay a novel, yet enjoyable, experience. Player avatars are NFTs that increase in power the more in-game experience is gained.

The new version includes a number of new features and improvements. These include a collection of NFT characters from the Stratis blockchain and collectible rewards.

It is now available on Android and Apple stores, so be sure to play it for yourself:

https://link-to.app/nuUwHRYgqt

Dawn of Ships

Dawn of Ships is making preparations for their Beta release and have revealed information about the roll out and some of the features they plan to offer. They announced this month that Astroverse club pass holders will be the first to play Dawn of Ships, with each pass also giving the holder a free NFT ship for in-game use.

Furthermore, the Dawn of Ships NFT page is now live. You can click here to browse the collection here. The ships offer in-game use, so if you want to sail the seas and participate in raids, getting your hands on some ship and crew NFTs can boost your vessel and offer rewards bonuses.

Be sure to keep your eyes open for any updates by scanning the Dawn of Ships website, Discord and Twitter.

Ticketsphere

Ticketsphere, Stratis’ next generation NFT ticketing platform, will release on 29th March. Ticketsphere replaces physical tickets with NFTs that offer better ownership, a reduced risk of fraud and a new means of interaction with ticket owners.

Ticketsphere is unique as it introduces NFTs to ticketing and makes these NFTs accessible. Typically you must own cryptocurrency to interact with a blockchain, which can alienate new users as it requires an understanding of crypto and often the trust of a centralised exchange. Ticketsphere allows users to purchase using a debit/credit card or even newer payment methods.

To learn more, read our blog release here. There will be more updates to come, so we recommend you keep your eyes on our Twitter and ourwebsite, which is launching soon.

GBPT: Progress made and new compliance officer hired

One of Stratis’ immediate core objectives is issuing a Great British Pound Token stablecoin. Our CEO and founder Chris Trew recently spoke to City AM to outline why the world needs a GBP stablecoin. The next step towards offering a secure and trusted stablecoin is ensuring regulatory compliance. We have hired an experienced Compliance Officer and are working with the law firm CMS, the only UK law firm to employ a crypto industry specialist.

Read more about our recent progress in our dedicated blog post here: https://www.stratisplatform.com/2023/02/10/gbpt-update/

The issuance of a regulatory-compliant stablecoin, pegged to the Great British Pound, remains one of Stratis’s core focuses. As mentioned in a recent article that touched on Why the world needs a GBP stablecoin, it’s clear that use cases are abundant regarding stablecoins; however, being regulatory compliant and providing transparent proof of one-to-one backing is crucial – this has been made apparent by the enormous fines imposed on those who have failed to retain a clear one-to-one backing of funds, or, have operated in jurisdictions without the required regulatory approval.

Leading experts are currently assisting Stratis at CMS Law. CMS are the only UK law firm to employ a crypto industry business specialist to work with their lawyers on project validation. Stratis has also enrolled a new Compliance Officer to complement their engagement with CMS. The successful candidate was instrumental in building a compliance department at a leading innovative UK liquidity provider. The new team member will be heading up all compliance matters to ensure Stratis remains regulatory compliant within all its business affairs.

While there may be a somewhat understandable reluctance to utilize public blockchain infrastructure, the acceptance of digital currencies within the public domain excites those at Stratis, sparking creative thought on how government can employ logic within smart contracts to dictate public spending. Many use cases become possible through accepting and supporting a digital currency or “Smart Money” within the public and private sectors. A digital pound, a term ‘coined’ by the Bank of England, is undoubtedly becoming more of a reality with the recent publication of consultation and working papers issued by the Bank of England. Stratis believes that a secure, public and decentralized blockchain is the rational choice to issue a digital pound.

Stratis is continuing to broaden its reach by focusing not only on the UK but also on Europe. Stratis is also applying to SEPBLAC (The Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences) to register as a Virtual Asset Service Provider. Once again, Stratis has engaged with CMS (Spain) to assist with the application, leaning on their expertise and experience. A successful application will enable Stratis to provide liquidation services as part of a separate business future that it will unveil in the near future.

The technology that makes the GBPT offering possible has already undergone internal testing. If Stratis can attain an FCA registration, this will enable Stratis to provide an end-to-end solution through its registration as a Payment Initiation and Account Information service provider. Stratis’ ability to deliver an end-to-end solution without reliance on an external party for services such as Open Banking presents the possibility of the GBPT solution being made available, at ease, for different currencies in the growing list of countries that are beginning to adopt the Open Banking standards.

As per usual, exciting times await Stratis.

Stratis is excited to announce Ticketsphere, the next generation NFT ticketing platform coming on the 29^th March 2023.

Event-goers are familiar with a ticket represented by a physical piece of card or paper which grants access to a given event. This concept of tickets is somewhat standardized, even though there are some apparent downfalls, such as loss of tickets, reselling of tickets (touting) and the potential for fraud, to name a few. Innovative technologies, such as blockchain, present the opportunity to significantly improve the ticketing experience from an event-goer perspective and an event organizer/performer. The introduction of Web3 delivers actual ownership, definitive lifecycle(s) and new ways to interact with ticket owners. Enter Ticketsphere. Ticketsphere provides event organizers and performers with a platform to create and issue tickets for their events, represented as non-fungible tokens. The non-fungible tokens are sent to the event-goer as part of the ticket-purchasing process, ensuring genuine ownership and a wholly non-custodial experience.

One of the challenges presented with “Web3” is seamlessly accessing cryptocurrencies without alienating a new user. This requires an education element and, most times, the trust of centralized exchanges. Typically, a cryptocurrency must be owned to allow interaction with a blockchain, such as purchasing a non-fungible token. This is where Ticketsphere separates itself. The Ticketsphere platform operates as a typical e-commerce site, allowing users to select an item for purchase. They purchase using a debit/credit card or even new payment methods such as bank transfers through the new Open Banking standard. Once a ticket is purchased, the Ticketsphere app is installed on the user’s mobile device. When installed, the user will scan a QR Code from their mobile device, registering the device as the ticket recipient. This results in the non-fungible token being issued.

The popular Stratis Blockchain Meetups at the Tower Suites in London will be the initial launchpad before the team begin working with some established venues in London. There is already significant interest from venues who are seeking new and innovative ways to interact with their clientele. Ticketsphere delivers that and more. The Ticketsphere mobile app is also leveraged at the venue, enabling door staff and event organizers to validate the authenticity of an attendee ticket efficiently. It doesn’t stop there. Event organizers can also engage with their attendees like never before, providing attendees access to exclusive content, swag and freebies.

Ticketsphere.com will launch in March month. Follow the Twitter to keep up to date with all future announcements!