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.
DeFi City Integrates Chainlink VRF to Provide Randomness for NFT draw.
DeFi yield farming has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain (BSC) mainnet....
Spores Network Will Integrate Chainlink Price Feeds to Price NFTs and Services in its Marketplace.
Spores will use Chainlink Price Feeds to establish accurate and tamper-proof exchange rates...
PolkaCover has partners with NFT Alley.
The partnership will allow NFT alley users to purchase various NFT covers from the PolkaCover marketplace. The covers secure NFTs from risks such as...
PolkaPlay has partners with GameFi to offer the Best Gaming Experience to their Users.
GameFi is a play-to-earn gaming guild and launchpad that caters to gamers, investors, and traders on...
DinoX Integrates Chainlink VRF to Secure Randomized Rewards Generation.
By integrating Chainlink’s industry-leading decentralized oracle network, DinoX now have access to a tamper-proof...
Avaxcells Will Integrate Chainlink VRF to Secure their PvP Battle Arenas and Tournaments.
By integrating Chainlink’s industry-leading decentralized oracle network, Avaxcells will have...
Tokenplay has partners with Bunicorn to jointly develop the future NFTs market.
Within this collaboration, Tokenplay and Bunicorn will develop the Non-fungible token marketplace. The...
Cryptomeda Integrates Chainlink VRF to Secure Randomized Attribute Generation.
By integrating Chainlink’s industry-leading decentralized oracle network, we now have access to a...
SOTA Finance has integrated into Polygon chain. Users now can create NFTs, and trade NFTs created on Polygon blockchain, with low cost and high-speed transactions.
The collaboration with...
DeRace has announced collaboration with Dinox, a multiplayer combat and strategy game with dinosaurs set in a sandbox environment.
To celebrate the collaboration, DeRace and DinoX will issue...
IDEX is bringing the fastest, most secure DEX to multiple high-performance blockchains. IDEX is currently available on Ethereum and Binance Smart Chain, with Polkadot and others to follow....
Topps has partners with Bundesliga to Release Bundesliga 2020-2021 Season Celebration NFT Collection by Topps.
The Bundesliga 2020-2021 Season Celebration NFT Collection by Topps is the...
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Ternoa has collaborated with Elrond to Expands NFT Time Capsules’ Compatibility.
What are Ternoa’s NFT Time Capsules?
In today’s world, data storage is very limited, there is no...
DeFine has partners with Tron to build NFT ecosystem and bring social profile system on Tron Network
DeFine has partners with Tron to build NFT ecosystem and bring social profile system on Tron Network.
This integration will tap into the Tron ecosystem and allow all creators including...
Ludena Protocol has partners with Faraland.
Through this partnership, Ludena and Moon Knight Labs aim to accomplish and serve identical establishments of the concept “Play to Earn,” in...
Oraichain has partners with Imba Games Studio.
Oraichain provides AI Oracle services for Imba Games Studio. Oraichain will be a fundamental and all-inclusive oracle provider to Imba games...
Step Hero Partnered With Bull Perks, The Community Investment Fund.
Bull Perks will finance Step Hero as one of Their financial investors. As a strategic communication partner, Bull Perks...