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.
Crypto Prophecies Partnered With Animoca Brands. Animoca Brands invested in the private sale of The Crypto Prophecies. In return, The Crypto Prophecies will be added to a huge list of...
Ethermon Initial Decentralized Offering (IDO) To be Held on Polkastarter on May 18. Polkastarter Launch Details Public launch for the $EMON token on Polkastarter The price will be $0.10USD...
HashLips Releases Super Rare with Flair Limited NFT Collection On The Blind Boxes Marketplace. Hashlips is dropping a collection of 22 NFTs in a Blind Box, which will comprise 18 originals,...
Ethermon Partners with Covalent to ensure accurate and trustworthy data collection from the Ethermon ecosystem and to improve market efficiencies. This collaboration will bring improvements...
Binance and Refinable announced the BigBangNFT Competition for all artists and creators and the whole Binance Smart Chain community. From April 30 to May 8, artists and creators can submit...
Bondly will work with Occam fi to use its proven NFT technology to bring high-utility NFT capabilities to the Cardano ecosystem. Together, the organizations will explore development...
NFTify raises $2.1 Million in Funding round led by Icetea Labs with the support of an impressive roster of blockchain investors including Master Ventures, M6, Moonrock Capital, Morningstar...
Convergence Finance Partners with Hex Trust for industry-leading, licensed, secure, and compliant NFT custody. The partnership will enable Convergence Finance to securely offer NFT...
blocsport is launching on polygon, With Blocsport’s new NFTdeals platform, Athletes, Brands, and Collectors can buy/sell NFTs at a reduced cost. blocsport is focusing on implementing...
NFTify Will Use the PolkaFoundry One-stop Production Hub for NFT and DeFi Applications on Polkadot. NFTify will get benefit from PolkaFoundry’s EVM compatibility, which enables developers...
Mochi Market Partnered with Raptor Capital. Raptor Capital will introduce MochiMarket to their community, provide marketing support, and provide press releases in Vietnamese. About Mochi...
Uniqly will add will use Chainlink Chainlink Verifiable Random Function (VRF) to randomly distribute prizes to its pool of participants who bought limited collection of NFT T-shirt...
Pinknode Partnered with PolkaFoundry to Provide Nodes-as-a-Service to PolkaFoundry’s dApps and Ecosystem. PolkaFoundry was founded with the goal of becoming a one-stop production platform...
SportMonks launched its own Chainlink node on mainnet. this will enable smart contracts to access their premium sports data, starting with cricket, and SportMonks also planning to extend to...
Axie Infinity has launches its Ronin sidechain. Ronin is to bring economic freedom to Axie players by streamlining the user experience and reducing the expensive gas fees on...
BSC Station to launch BSCS Swap Beta Version, The BSC Swap is a decentralized exchange for swapping BEP-20 tokens and NFT on the Binance Smart Chain. BSC Swap uses an automated market maker...
Bluzelle Partnered with Genesis Shards to integrate decentralized data storage solution and data oracles. This partnership will redefine the NFT space by driving increased utility with...
NFT Alley Raises $1M from seed, private and public rounds to build multi-chain NFT Marketplace. The funding round secured from investors like, including Amesten Capital, AU 21 capital, X21...
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