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.
Kyberdyne announced the partnership with SWFT Blockchain to build a more preferable payment and NFT trading environment. SWFT blockchain is the cross-chain flash exchange and NFT marketplace...
Netvrk is excited to partner with MechaChain, a 3D play to earn video game of robot combat called “Mechas” and space conquest. Netvrk is a multichain metaverse built on Unreal...
Devolution a cutting-edge GameFi project featuring an expansive metaverse centering on native Evomons—has integrated Chainlink Keepers on BNB Chain mainnet. By integrating the...
Taroverse has announced that Oddiyana Ventures – the futuristic blockchain investment firm, has onboarded as its seed investors. They will also play a major role in development of...
Aurora NFT has officially launched on the Avalanche mainnet (c-chain). The pre-sale is planned for the 16th of April and it will be donating 5% of all proceeds towards helping...
Naughty Dragon is integrating with Berry oracle a transparent community-verified price oracle on BSC Berry Data provides a trustless and decentralized alternative for off-chain data....
The term Metaverse is dedicated to the concept embedded with the use of the Internet in the future, which retains a network of shared 3D virtual areas integrated into a virtual world. In a...
Degen Blues has integrated Chainlink Price Feeds to generate music based on data. Using a decentralized oracle architecture, smart contracts can easily access high-quality price data....
TDROP token of Theta Network launched last month with two important features: staking and VIP benefits on the ThetaDrop NFT platform. But perhaps the most important feature is yet to come:...
Introducing Infinity Arena, an emerging blockchain game that combines science-fiction and tactical play-to-earn (P2E) Non-fungible tokens (NFTs). Infinity Arena is leveraging the...
Pandora Finance has announced partnership with Ethermon, the largest gaming district in DCL. This partnership will bring efficiency to the NFT ecosystem by indexing all the NFTs on a single...
Bluca is a blockchain-based play-to-earn game that combines fun gamification and quality of the NFT. Players can enjoy collecting Blucamon varieties, breeding, evolving, and exploring the...
NFTmall has partners with Pandora Protocol to leverage NFT Data indexing and an efficient search experience for NFTmall users. The partnership will help NFTmall leverage Pandora’s...
MeDIA eYe NFT Portal Integrates Chainlink Price Feeds for Enhanced Price Accuracy. MeDIA eYe is excited to announce that we have integrated Chainlink Price Feeds and further plan to...
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BOOM is a decentralized crypto native community platform focused on NFT + SocialFi, announced the launch of the IOS and Android App. Boom is the social platform for the next stage in the...
NFTmall has partnered with Acknoledger. Within this integration, Acknoledger will provide Mapping assistance, Monetization, Distribution, Life Cycle tracking, Plagiarism &...
LABEL is an unparalleled NFT infrastructure built on top of Ethereum Network, powered by LBL utility and governance token with a unified goal to establish a fair profit-sharing ecosystem...