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 collaboratio with Souls of Meta, a Fun-2-Earn Win-2-Earn Free-2-Play third-person Action-RPG Fantasy NFT Gaming Metaverse of Blades and Sorcery,...
ArcadeLand has partnered with MITA Game’s Legends of Mitra, an NFT merge defense game where you fight with your heroes to defend your Kingdom.
Legends of Mitra is an NFT merge defense game...
Fandora Network is excited to announce its Stagetic Partnership With BattleCity.
About Soul BattleCity
BattleCity.io brings blockchain technology to build a sustainable ecosystem to...
Rens Original will enter the metaverse supported by PARSIQ’s Tsunami API to monitor their NFTs across three separate blockchains.
Rens Original is a Finland-based award-winning brand...
Unlockd is pleased to announce its new partnership with NFTXStreet, a web3 community-based earning service provider.
NFT X-Street is a community of like-minded web3 enthusiasts...
RealFevr is excited to share this partnership with the RFEF, as this agreement will allow the creation of exclusive digital collectibles showcasing memorable video moments of one of the...
My Meta Farm is glad to announce its partnership with Playdex. With the same goals, together will bring many opportunities to bring your experience to the next level!
To celebrate this...
Double Protocol has partnered with Nova Miningverse, the world’s first PLAY-TO-MINE Metaverse of Games.
Double Protocol and Nova Miningverse will collaborate to deploy and integrate...
Battle Arena Games Guild has formed an alliance with Formacar Action, an international information technology project centered around automobiles, which features an advanced proprietary...
DeQuest, the first platform of its kind for Metaverse is pleased to welcome Legends of Elysium to their greater ecosystem.
DeQuest is a Metaverse hub with a focus on gamified learning and...
Arena Games has announced a new strategic partnership with Miners of Kadenia, the very first Game-Fi protocol and the first Game-Fi to be exclusively hosted on decentralized Flux Nodes.
The...
Tower Conquest: Metaverse Edition (TC:ME) is proud to announce a strategic partnership with Ready Player DAO, A DAO for The Players.
The partnership will bring TC:ME to all the players in...
Clarnium, an ecosystem for the mass adoption and growth of GameFi, is excited to announce its strategic partnership with GalaxyArena, a decentralised metaverse VR experience run by essence...
Myria is now a strategic partnered with Zone9 Survival, the first 3D MMO-RPG, blockchain-integrated survival game that takes place in a post-apocalyptic world, in which players can...
Pandora Finance is delighted to announce its strategic partnership with LGGGuild, a Decentralized Metaverse Community that connects NFT projects and players to maximize earning...
Double Protocol has reached a strategic collaboration with Ubiloan, a decentralized, immutable, and transparent loan protocol specializing in GameFi NFTs.
Through this collaboration,...
FishVerse has announced that they have entered into yet another collaboration with a long-term strategic perspective with the group of seasoned professionals at G4FF — Gaming for Financial...
Double Protocol is thrilled to announce its newest partnership with PlaceWar , a gamified internet culture metaverse, Play to Earn strategic artillery game ecosystem.
An introduction to...