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.
The AlterVerse team is excited to announce Project Galaxy as its latest partner in Sky City! Project Galaxy, is building the infrastructure to power an open and collaborative credential data...
As the bear market continues, and everyone is in fear, Arcus is keep building as they are committed to bringing its platform to the top. Thus, It is delighted to announce Duelist King to its...
Palmare has announced a Strategic Partnership with Apexaverse, The intersection of the Metaverse, web 3.0 and NFTs on Cardano Blockchain.
With this partnership, Palmare hopes to bring a new...
Joepegs Integrates Chainlink VRF to Help Power Fair Batch Reveals in NFT Launchpad
Joepegs is a premium NFT marketplace on Avalanche where you can list, trade, and explore your favorite...
CryptoBlades is proud to announce the beginning of its work and building on SKALE Network.
For nearly a year, it’s been a goal to have a dedicated CryptoBlades smart chain. Now, they have...
Battle Saga is thrilled to reveal its newest partnership with SupraOracles a flagship project by the Entropy Foundation.
SupraOracles aims to connect traditional capital markets with the web...
Gunstar Metaverse’s Web3 Game throughout the world, is delighted to introduce its latest members of Gunstar Metaverse’s Gaming Alliance, Metanomy – A well-known gaming guild with a...
Cosmic Champs partners with Algogems NFT Marketplace. Cosmic Champs will launch its first NFT sale on Algogems starting on June 22.
Cosmic Champs is a retro space themed real time...
Nitro League has announced a collaboration with Go MetaRail, The first tourism network in the metaverse.
Go MetaRail is the digital transportation network that aims to seamlessly connect the...
Firstly, Immutable launches $500M Fund to boost Web3 gaming adoption. Also, the funds will be provided to the projects building web3 games and NFT-focused platform on its layer-2...
OneRare is excited to announce its Strategic Partnership with RankerDAO. With its enthusiastic guild of gamers who are passionate about Play-to-Earn crypto gaming.
RankerDAO is your...
SupraOracles is excited to partner with the Ancient Kingdom, a pioneering martial art NFT play-to-earn game which renders higher quality gameplay for new participants.
Ancient Kingdom has...
Girls Robots Dragons has integrated Chainlink VRF to help ensure fair and verifiably random mint.
In Girls Robots Dragons, there are 15 main characters (5 girls, 5 robots, and 5 dragons) in...
Hero Arena is delighted to announce that they have formed a strategic partnership with iRocket AR app, a geo-based mobile game focused on blockchain-based systems.
As the saying goes...
Safle Partners with COMEARTH the world’s first E-Commerce Metaverse by NFTically with an aim to solve key issues in modern commerce including unsustainability, monopolization,...
Arvrse Studio will be collaborating with Polygon and Polygon Studios to bring high quality blockchain enabled games to the industry.
Polygon is a secondary Ethereum scaling solution. It is a...
Codyfight officially partnered with Arcadeland, an all-in-one blockchain-optional gaming ecosystem that offers gamers and developers the opportunity to experience gaming in an open Metaverse...
Backstage is proud to announce a partnership with MetaBrands, a simple gateway linking portals to different realms within the Metaverse with the MAGE utility token and MAGE Relic NFTs....