NFT, Crypto Metaverse, P2E News

What exactly is NFT?

NFTs are smart contract-based platform that allows users to exchange virtual goods and assets. For example, the token can represent pieces of art, music, or games. It can also represent real-world assets such as automobiles or houses. They are not fungible as they have no intrinsic value but provide an additional layer of functionality in addition to being a tradable asset.

What is Metaverse in blockchain?

Metaverse is an open-source public blockchain that allows people to register and issue virtual assets. It also has a decentralized application (DApp) platform, which enables the development of various applications based on digital assets, digital identities, and value intermediaries.

How does the Metaverse work?

The metaverse can be divided into two sorts of platforms in general.
The first involves leveraging nonfungible tokens (NFTs) and cryptocurrencies to create blockchain-based metaverse startups.
The second group uses the metaverse to describe virtual worlds in general, where people might meet for business or enjoyment.
The Metaverse requires the use of a blockchain-based platform to buy, sell or trade virtual assets. The most commonly used platform, Ethereum, supports the use of cryptocurrencies such as NFT coins and SAND. The amount earned depends on the strength of your knowledge of art, music and gaming in the metaverse.

What is P2E?

P2E is an abbreviation of “play to earn” and refers to games and virtual worlds that gamers play for crypto token rewards. Some games require an investment in tokens or NFTs (non-fungible tokens), while others allow people to earn crypto by playing. As of 2022, some of the most popular P2E games are Axie Infinity, Zedd Run and Gods Unchained.

What does P2E mean in NFT?

P2E NFT games give players the option to earn non-fungible tokens as a reward for playing. The possibility of earning these tokens may also drive users back to the games repeatedly and increase their engagement with the in-game economy.
Double Protocol is thrilled to announce its integration with Fantasy Arena, a next-generation metaverse powered by the BNB Chain network. This partnership will birth the deployment and...
14.11.2022
Drawshop Kingdom Reverse (DKR) and Swapscanner have signed an official partnership agreement! Drawshop Kingdom Reverse is a DAO-based Metaverse with NFT, P2E game. In DKR World, you can...
11.11.2022
Battle Saga is thrilled to share its new Product Update. Battle Saga is the next generation strategic metaverse game – earn without playing (EWP). One of their goals is to make it as...
10.11.2022
Zone of Avoidance is excited to announce its partnership with Ailoverse, a Play-to-Earn (P2E) game and NFT collection based on a squad of cat robots explorers. Ailoverse plans to grow from...
10.11.2022
KALA Network is glad to announce its collaboration with LightCycle, a 3D Metaverse platform tailored for fashion, entertainment, gaming, filming, music, sports, real estate, retail and...
10.11.2022
Metabase has announced its strategic partnership with One World Nation (OWN), a setup on a planet called Crypton. It is a world where your favourite cryptos come to life. Imagine if...
10.11.2022
Get Set Play is delighted to announce its latest collaboration with Abeats a leading GameFi Center that integrates game issuance, game content, and game asset exchange. By partnering with...
09.11.2022
UpOnly is excited to announce a partnership with one of the most popular Metaverse environments in the blockchain industry Bloktopia. UpOnly will integrate support for...
09.11.2022
Moonville Farms is a competitive play-and-earn blockchain farming simulation game. It allows users to play and earn digital tokens – but how exactly does earning work? Today, they shared...
08.11.2022
Bountie Hunter is thrilled to reveal its newest partnership with Monster Galaxy. The game is back, better than ever. As you might know, Monster Galaxy is a series of hit mobile games by Gaia...
08.11.2022
Nemogem is excited to announce its latest partnership with Metarrior, the world’s first truly Web3 game. Nemogem is also pleased to have Metarrior’s NFTs listed on its marketplace. This...
08.11.2022
AlturaNFT has rebranded to Altura, effective from 5th November 2022. The rebranding of the Altura project is necessary to properly identify the goals of Altura and to define the user base...
08.11.2022
EFUN has announced its new collaboration with Megaverse, a place where people come together to Live, Work, Shop, and Play. Megaverse takes the Metaverse to a whole new level through its...
04.11.2022
Dojima Network is thrilled to introduce a new strategic partnership with Galaxy Arena, a metaverse entertainment hub that is skyrocketing X-to-Earn into a vibrant future. Like Dojima...
03.11.2022
Meta Oasis — a metaverse platform where imagination becomes reality — has integrated Chainlink Verifiable Random Function (VRF) on Ethereum mainnet to Help Power Random and Fair...
03.11.2022
My Meta Farm announces a partnership with DeQuest the first-of-its-kind cross-metaverse multi-chain quest platform tokenizing user activities. DeQuest is a Metaverse hub with a focus on...
03.11.2022
Defina has announced a partnership with MetaOne, an NFT assets management platform to the gaming metaverse. Defina and MetaOne Partnership will increase Defina’s brand recognition to...
02.11.2022
Playdex is partnering with GateGame, This partnership aims to help provide players and even game developers with the tools they need to fully explore the metaverse. GateGame is a Web3 game...
02.11.2022
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