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.
Super Farm introduced SUPER PAID in partnership with Paid Network to engage in co-IDOs for the most promising projects coming to the crypto space.
co-IDO is a collaborative effort between...
Theta Network announced strategic partnership with The World Poker Tour to launch the world’s first real-time NFT marketplace.
An estimated 140 million World Poker Tour viewers globally...
Waves Protocol introducing Duck Hunters a game mechanic combining NFT collectables and yield farming, developed for active participants in the Waves ecosystem.
The game mechanic is...
Arkane Network is a NFT management & marketplace, announced it has closed a €1.55M seed round led by High-Tech Gründerfonds (HTGF). DM-BB David Majert, Palentine Ventures...
Terra Virtua announced a strategic partnership with Polkalokr.
Through this collaboration, Terra Virtua will provide the NFT’s for Polkalokr Staking rewards.
” We are working with...
Hong Kong’s first digital asset exchange to introduce an NFT trading platform is set to launch the NFT platform later this year. The exchange will provide both a physical store as well as...
The popular Polkamon non-fungible token (NFT) collection is migrating to the Elrond network to enhance the user experience.
The platform stated that it wanted to make the digital collection...
Origin announce to launch of Jake Paul’s first-ever boxing-themed NFT drop on their NFT Launchpad at nft.jakepaul.com
Jake Paul will be launching five open edition NFTs that can be...
Tom Brady an American football quarterback player and seven-time Super Bowl champion is launching an NFT platform called “Autograph.”
Autograph will also produce NFT’s...
Lifestyle brand Playboy will release crypto artwork collectibles as NFTs via Nifty Gateway.
Iconic lifestyle and entertainment magazine brand Playboy announced today that it will launch...
Non-Fungible Token (NFT) marketplace platform Mintable has announced the closure of its undisclosed seed round, weeks after its backing from billionaire investor Mark Cuban.
Investors that...
IOST digital art auctions go live today on IOST Japanese NFT Marketplace- TokenLink. The first auctioned item is the NFT digital art of “An IOST warrior fighting for...
dART partners with Genesis Shards to provide insurance to GenTicket Non-Fungible Tokens.
dART aims to make NFT insurance easily accessible to all crypto users. dART will be the first...
BitShares, the first DPoS blockchain with self-governance, announced that it will launch Non-Fungible Tokens this month.
The BitShares blockchain is also formalizing an NFT offering....
Bella Protocol Update their Roadmap with plan to launch Eco Fund, Non-Fungible Token & Incubator!
In Q3 2020, Bella Protocol will explore the possibilities of different use cases of NFT,...
🎉 @TidalDeFi Partnered with @Chain_Guardians to insure Non-Fungible Token assets!
🎆 Through this collaboration, Tidal will provide asset coverage for all the smart contracts and assets...
🎉 @WazirXIndia Launching a decentralized Non-Fungible Token marketplace.
🎆 Following the launch, Indian creators can now place their digital assets for auction over the...
🎉 @playcentglobal Launches $100k developer reward program to work with developers to grow their games and more.
🎆 #Playcent is a decentralized WIX for dapps, games, and #NFTs platform...