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.
NFTmall has partnered with Acknoledger.
Within this integration, Acknoledger will provide Mapping assistance, Monetization, Distribution, Life Cycle tracking, Plagiarism &...
LABEL is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token with a unified goal to establish a fair profit-sharing ecosystem...
Era7: Game of Truth, an innovative play-to-earn trading card game and the world’s first light esports blockchain game, creates a new concept called EsportFi, which deeply integrates...
Introducing HolySharks, an art collection platform and NFT Marketplace on Binance Smart Chain.
HolySharks builds an Play To Earn (P2E) NFT game on Binance Smart Chain (BSC) that allows...
Elfin Kingdom is partnering with Polygon Studios, the gaming and NFT arm of Polygon that is focused on bridging the gap between Web 2.0 and Web 3.0 and growing the blockchain gaming and NFT...
NFTbank is using Chainlink to deliver price data for Crypto Punks and Bored Ape Yatch Club NFTs to on-chain smart contracts.
Chainlink enables NFTBank’s existing APIs to easily become...
Introducing Dvision Network, a blockchain-based VR content ecosystem, which also powers the NFT marketplace within virtual reality. Dvision Network presents a new virtual reality world,...
Prosper Integrates Chainlink Keepers to automate several prediction market upkeep tasks in a decentralized way.
Prosper is a non-custodial, cross-chain prediction market. It has developed a...
NFTb is pleased to announce the partnership with MDEX, a decentralized transaction protocol based on an automated market-making mechanism.
MDEX will be launching the Meta-Elephant NFT series...
ZooDAO has integrated Chainlink Verifiable Random Function (VRF) on the Ethereum mainnet to help power fair NFT battles.
By integrating the industry-leading decentralized oracle network, we...
Monaco Planet is an NFT/Crypto Social Financing (SocialFi) platform. Monaco Planet is committed to becoming the leader on the next-generation SocialFi circuit and playing an essential role...
MetaGrail is a platform to establish the decentralized social networking standard and protocol, MetaGrail NFT sale is LIVE on Binance NFT Marketplace
MetaGrail also announced to...
Ready Player Me excited to announce a $13M Series A funding round led by Taavet+Sten, the co-founders of Wise and Teleport, with participation from Tom Preston-Werner, the co-founder of...
OneRare has integrated Chainlink Verifiable Random Function (VRF) on the Polygon Mainnet to Help Power Randomized NFT Staking Reward Distribution.
By integrating the industry-leading...
Nifty Royale has integrated Chainlink Keepers and Chainlink VRF, enabling random and autonomous NFT battle royale games using the market-leading decentralized oracle provider.
By using...
Numbers Protocol, a decentralised photo network, for creating community, value and trust in digital media, has announces world’s first web 3.0 Search Engine for NFTs.
Numbers Protocol is...
Intergalactic Gaming has integrated Chainlink Verifiable Randomness Function (VRF) on Polygon mainnet for Provably Random NFT Distributions.
By integrating Chainlink’s industry-leading...
Introducing the Non-Fungible Games (NFG) Guild, The leading forefront to the Play-to-Earn industry providing investment opportunities, training, and scholarships to blockchain enthusiasts,...