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.
Space SIP Integrates Chainlink VRF on Binance Smart Chain mainnet for Randomized NFTs and Chance-Based Outcomes.
By integrating the industry-leading decentralized oracle network, Space SIP...
Seascape has partnered with Lovelace.
Lovelace is known for empowering creators through its NFT marketplace, Play-to-Earn gaming engines, smart contracts, launchpad, and partner...
CURATE has integrated with Polkadot enabling DOT token holders the ability to buy/sell and mint NFTs on Ethereum and soon Polkadot blockchain.
This integration will enable polkadot users can...
XP Network NFT Bridge is now live on the Elrond Network.
This will enables a direct connection between the massive NFT ecosystem of collections and communities with the low costs and fast...
Retro Cat integrates multiple Chainlink services to randomize the traits and characteristics of Retro Cat NFTs, and to automate monthly raffles for Retro Cat NFT holders.
Retro Cats are...
AllianceBlock is delighted to announce a ground breaking partnership with Flare. Flare’s suite of protocols unleashes new paradigms of possibility for the crypto ecosystem. Its technology...
MyDefi Pet has collaborated with OneRare as an exclusive Food Partner to bring a delish offering to the DPET universe. OneRare will launch an exclusive DPET menu, featuring foods loved by...
Ardana has raised $10 million of investment including previous strategic funding rounds. The Cardano-powered platform, whose founding team features tech veterans from Apple, Microsoft,...
DareNFT has partnered with MoniWar, offering Rent-to-Earn and Lease-to-Earn DarePlay marketplaces for this epic game
Within this partnership MONIWAR game will be onboard DarePlay — our...
Everipedia is launching NFT raffles powered by Chainlink Verifiable Random Function (VRF) on Polygon for HiIQ stakers, helping ensure winners are picked in a provably fair manner. IQ holders...
NFTrade has partnered with MetaWars to Bolster NFT Liquidity.
Within this collaboration, NFTrade will host all MetaWars NFTs on our multi-chain (and soon-to-be cross-chain) NFT marketplace,...
SuperFarm announce the first fully featured NFT launchpad on the ImmutableX scalable layer 2 protocol.
This collaboration will enable SuperFarm partners and users to access gasless NFT drops...
DareNFT has partnered with HowlCity to bring rent-to-earn marketplace to all gamers of Howl City.
Within this collaboration HowlCity game will be onboard DarePlay — our gamefi platform, a...
Berry Data has partnered with Badge, a NFT set project that each of the NFT represents the identity of a virtual character of the Badge game.
Within this collaboration Berry Data and Badge...
Venly Launches NFT App on Shopify to offer a new Shopify application for merchants to mint and sell non-fungible tokens (NFTs). The co-developed app will leverage Polygon POS technology to...
Fabwelt announces that Oddiyana Ventures is its new Strategic Partner and the Official Incubator of Fabwelt. They are glad to have the opportunity to receive advisory services from the...
Animoca Brands raises $65M at $2.2B valuation from Ubisoft, Dragonfly Capital, and others.
Investors included Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly Capital,...
Dreams Quest has integrated multiple Chainlink oracle services to enhance the player experience in its play-to-earn RPG involving dynamic NFTs. The initial integration uses Chainlink...