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.
NFTs, or Non-fungible tokens, are unique digital assets that use blockchain technology to provide proof of ownership and authenticity. Unlike cryptocurrencies such as Bitcoin, which are...
Double Protocol has integrated with Cloud City, a play to earn gaming platform where the players will get rewarded at every turn. Double Protocol and Cloud City will team up to deploy and...
Yield Guild Games (YGG) has generated US$13.8 million in a token purchase from the YGG treasury led by DWF Labs along with the participation of a16z Crypto, Galaxy Interactive, Sangha...
Super Vet is a vet-themed game where the vets with extraordinary superpowers rescue innocent animals in times of trouble and need. This GameFi is built on BSC technology following a native...
Metaverse AI is excited to announce a strategic partnership with EthSign, Revolutionizing the Digital Human Industry with Verifiable Trust.
The partnership between Metaverse AI and EthSign...
PlaceWar and Arena Games have come together to revolutionize the online gaming industry with the power of blockchain technology.
Together, PlaceWar and Arena Games are committed to shaping...
The first Myria Studios Game reaches a new milestone with Metarush, a hilarious multiplayer game that will have your sides splitting as you bounce, tumble, and bowl over your friends and...
Clarnium, an ecosystem for the mass adoption and growth of GameFi, is delighted to announce its collaboration with Blast Royale, a fun, frenetic adrenaline fuelled short session game about...
Bountie Hunter is excited to announce a new partnership with FusyFox, a visually stunning immersive arena shooter Web3 game.
Players will fight on the surface of Mars to establish the first...
Galaxy Arena Metaverse and Arena Games – are teaming up to provide users with an exciting new multiplayer virtual experience like never before.
Benefits of the Partnership:
This...
GaFin is so thankful and grateful to announce that Orochi Network has officially become its partner.
GaFin and Orochi Network will work together to develop the infrastructure for GameFi and...
Clarnium, an ecosystem for the mass adoption and growth of GameFi, is delighted to announce its partnership with MetaShooter!
With this partnership, Clarnium and MetaShooter can exchange...
Playdex is thrilled to announce its partnership with Crystals of Fate , the next-generation play-to-own and play-to-earn competitive collectible card game.
Crystals of Fate sets itself...
StarHeroes, skill-based third person shooter powered by digital collectibles has now officially landed on GameSwift, The Ultimate Web3 gaming platform. Your favorite space themed TPS...
Bountie Hunter is thrilled to announce its collaboration with Fabwelt, two innovative companies in the gaming and blockchain industries.
In short, Fabwelt is a blockchain-based gaming...
IndiGG, the world’s best play-to-earn games is joining forces with Gods Unchained, a web3 trading card game to ignite the Web3 gaming community in India!
The partnership aims to help the...
Playdex is thrilled to announce its new partnership with Ghospers, a play-to-earn, 3D magic-based shooter game with immersive PvP elements. Built on the BNB blockchain by the...
Moniwar is proud to announce its latest partnership with First Play, a blockchain platform where you discover new games & try game NFTs for free.
This partnership intends to pool each...