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.
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...
Alchemy, the “Amazon Web Service” of blockchain raised $80 Million.
The New York-based startup will use the funds to power up the non-fungible token industry.
Notable investors...
Ethermon Partners with Biconomy to provide it’s users a better users experience with lower fees on transactions.
Ethermon is determined to deliver the best play-to-earn ecosystem ready...
Seedify Fund introducing Ideathon for NFT-Gaming, Seedify fund aim is to foster blockchain-based innovations in many areas, supporting them with a seed funding mechanism, decentralized...
Stater Finance Announced Strategic Partnership with YOP Finance. Both will work to enable Decentralized Finance (DeFi) and Non-Fungible Token (NFT) liquidity on the yPlatform.
About...
Mochi Market has Partners With Polygon to build a Mochi Market iteration on the Polygon network, a NFT platform to another network.
This partnership will also brings full technical and...
Unifty, the first NFT marketplace on Avalanche, is now live, Unifty is a decentralized multi-chain infrastructure platform focused on NFT’s, has expanded its NFT farms and marketplace...
Binance will launch Binance NFT marketplace and trading platform. The platform will allow artists, creators and crypto enthusiasts from around the world to buy, sell and trade NFTs.
We aim...
ChainGuardians announced to integrate of Chainlink’s Verifiable Randomness Function (VRF). By integrating Chainlink VRF, Chain Guardian ensure that all players have a provably fair and...
Reef Finance welcomed Aavegotchi
Through this collaboration, Reef users will be able to interact with Aavegotchis by staking the REEF tokens in Reef Yield Engine Baskets. Reef Finance will...
Exeedme has Partners with Polkastarter as next CS:GO Blockchain Tournament.
The Tournament will have 3 exciting matches, Starting from April 28th, The second match will happen on April 30th,...
Ethermon introduces the $EMON ERC20 Token to drive play2earn opportunities in the Ethermon ecosystem.
Two Game Currencies will be added into the Ethermon Ecosystem: MARKS, which is an...
OIN Finance Partnered with Blind Boxes to release a batch of new NFT collectibles while also implementing additional features to the Blind Boxes protocol.
OIN will be using the Blind Boxes...
Rarez is bringing Weezer to the WAX Blockchain! Starting on April 28th.
Users will be able to buy, sell, gift, and trade Weezer digital collectibles (aka NFTs) inspired by their tech themed...
EthernityChain will use Chainlink VRF & Price Feeds to provide provably fair minting & exchange rates for its Authenticated #NFT platform.
Through this integration, all users of the...
Bondly Partnered with Plasm Network, Bondly will be using Plasm Network to further expand into the Polkadot ecosystem with their upcoming NFT launchpad, the NFT trading platform BondSwap and...
pNetwork Launching pNetwork’s NFTs Portal. pNetwork’s NFTs Portal represents a paradigm shift for the NFTs industry, allowing projects and users to move NFTs cross-chain and making these...
Stater has partnership with Cometh to explore the DeFi & Non-Fungible Token space together.
This collaboration will bring .. A new collection of Stater themed NFTs on Cometh that can be...