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Konami and Ava Labs Launch Resella to Simplify NFT Integration with Avalanche Technology

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Daily Bits
Jun 21, 2024
3 min read

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Daily Top Performer — Delysium (AGI)



The SPX index is down by 0.25%, with investors rotating out of AI-related tech stocks like Nvidia and Apple. Investors are now awaiting US PMI readings and an earnings report from CarMax. The broader cryptocurrency market is mixed, with Bitcoin rising by 0.17% and Ether dropping by 0.74% in the past 24 hours.





Today's top performer is AGI, which surged 18.5% following the announcement of Delysium's YKILY Network, which revolutionizes AI agent transactions with blockchain technology.



Delysium (AGI), launched in April 2022, is a blockchain-based, AI-powered virtual society and the first AAA-quality MMO on the Epic Games Store. Players can create AI companions and engage in adventures, with features like natural language interactions and unique on-chain assets like NFTs. Delysium's You Know I Love You (YKILY) Network, termed "The Stripe for AI Agents," is designed to support efficient transactions and communication among AI agents aligned with human interests. As AI evolves, individuals will manage multiple AI agents capable of high-frequency, large-volume tasks across various domains. The YKILY Network uses blockchain to facilitate secure, transparent interactions without the constraints of traditional financial systems, enhancing the autonomy and collaboration of AI agents.



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Talk of the Town:



Konami Digital Entertainment Co., Ltd. has partnered with Ava Labs to launch "Resella," a novel NFT solution designed to streamline the integration of blockchain technology into various platforms. Resella, utilizing Avalanche technology, simplifies the NFT experience by enabling developers to create and trade NFTs seamlessly and offering users a straightforward marketplace without the need for a Web3 wallet or complex crypto transactions. Notably, it allows transactions in Japanese Yen to cater specifically to the Japanese market. Resella also aims to expand Web3 accessibility, bridging traditional platforms with blockchain innovations, and enhancing user engagement through integrated, multifunctional NFTs.



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Spot Bitcoin ETF Flows:

Category

Flow (millions)

GBTC

(53.1)

Non-GBTC

(55.3)

Total

(108.4)



Spot Bitcoin ETFs have seen $813 million in outflows since June 10, driven by profit-taking and Bitcoin's price drop below $65,000. The Grayscale Bitcoin Trust (GBTC) and Fidelity Wise Origin Fund (FBTC) experienced the largest outflows. Earlier, ETFs had attracted over $3.3 billion in late May and early June. Even BlackRock's iShares Bitcoin Trust (IBIT) saw inflows slow to $40 million recently, despite its $17.6 billion total inflows over five months.



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Airdrop to Watch:



Blast, an Ethereum Layer 2 network, will airdrop tokens on June 26, equally divided between users and developers. To be eligible, users must distribute Blast Gold and Blast Points by June 25 and sign into the Blast dashboard from an eligible EOA wallet. Originally scheduled for May, the airdrop was delayed, increasing allocations. Blast attracted $500 million in deposits quickly but faced criticism for lacking core features and requiring blind trust. Despite this, its mainnet launched on Feb. 29, and it now holds $3.12 billion in TVL, making it the fourth-largest Layer 2 by TVL.



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