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.
SupraOracles is delighted to announce a partnership with Dinoland. A 3D metaverse NFT play-to-earn game where players can gather Dinos and use them in battles and evolve, breed, and sell...
12.07.2022
Open Luck has integrated Chainlink services, Luks Trading feature will now have support as Open Luck integrates all the Chainlink features Chainlink Keepers, Price Feeds, and Verifiable...
09.07.2022
Farcana is proud to introduce IQ Protocol, a blockchain project providing a decentralized money market for digital asset renting and on-chain subscriptions, as its new strategic partner. IQ...
09.07.2022
HyperMove, are elated to announce its latest strategic partnership with ACY Finance, a flash arbitrage enabled antibot, decentralized exchange that can provide users with the opportunity to...
09.07.2022
Pandora Finance is delighted to reveal that they’re enabling the integration of the new NFT Marketplace of Crypto Pirates, a play-to-earn & Idle ZPG Crypto Game. By partnering...
09.07.2022
Polysports has announced a strategic partnership with GoNFTY, a metaverse & blockchain gaming infrastructure project. This partnership aims for the exploration of GoNFTY services for...
07.07.2022
SandStorm has collaborated with The Blockchain Game Alliance to represent open metaverse builders worldwide. The Blockchain Game Alliance is an organization committed to promoting blockchain...
07.07.2022
Kitsumon is excited to announce its new staking pool in preparation for the land sale — stake now to earn lots of KMC and secure yourself a whitelist spot! New Staking Pool: Land Sale...
07.07.2022
Knit Finance is excited to announce a partnership with Vision Metaverse Chain, the first metaverse blockchain infrastructure provider with a focus on database and cloud services. Knit...
07.07.2022
gDEX is thrilled to announce that it has partnered with Legends of Crypto to onboard the game as one of its first games. Under this new partnership, Legends of Crypto will be one of the...
06.07.2022
Pandora Finance is delighted to announce its new partnership, Tanukiverse, an open and inclusive multimedia world that is building a shapeshift Metaverse for everyone with...
06.07.2022
Yunit has announced a partnership with Cyber Punks, a gaming and social metaverse built on the Solana Blockchain. Yunit and Cyber Punks partnership held a giveaway of 5 spots in the...
06.07.2022
PirateVerse Subnet, built on top of Avalanche Network‘s existing infrastructure and security. A decentralized and EVM-compatible blockchain that will empower and serve as the home for...
05.07.2022
MovePlus is more than thrilled to announce its new partnership with the leading NFT marketplace, IvyMarket! MovePlus strongly believe that this strategic partnership will increase revenue...
05.07.2022
Binance Name Service integrates Chainlink VRF on BNB Chain mainnet to help power random domain name NFT draws. By integrating the industry-leading decentralized oracle network, we now have...
05.07.2022
BAYZ, a gaming decentralized autonomous organization (DAO) with a world-class support staff, esports operations and content creation, is joining the Yield Guild Games (YGG) network as the...
04.07.2022
FOTA has announced a partnership with Souls of Meta, a Cross-Game Multi-Chain Fun-2-Earn (Play-Own-Earn + Free-2-Play) Third-person Action-RPG Fantasy NFT Gaming Metaverse of Blades and...
04.07.2022
HyperMove has announces partnership with NFTrade, the first decentralized cross-chain NFT platform, marketplace, and indexer, allowing users to unlock the full value of the NFT...
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