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.
Pandora Protocol Raises $2.4M in Seed Funding Round to bridge Off-Chain assets to Open Finance via Non-Fungible Tokens.
The funding round led by Genesis Block, Spark Digital Assets, AU21,...
My Neighbor Alice announced partnership with The Sandbox to building out the Metaverse and releasing characters that can be played across The Sandbox universe.
The Metaverse
The Metaverse is...
KAKA NFT Non-Fungible Token second round mystery box sale will be live on TheForce.Trade at 3 pm on June 9 UTC.
The mystery box will be available from 15:00 pm on June 9 to 15:00 pm on June...
An end-to-end privacy protocol for digital assets, which can be deployed in a compliant way on any public blockchain, Panther Protocol announced integration with Flare Network. Panther...
Stater announces integration with Polygon and launching on Polygon on June 7. Users will be able to take advantage of the lower gas fees compared to ETH mainnet.
All NFT assets from Polygon...
A unique platform that allows users to create content and convert seamlessly into NFT, PolkaPlay will conduct a dual token offering on 10th June 2021 that will be hel on Poolz and BSC...
Crust Network has announced collaboration with CryptoTycoon.
Crust Network will provide CryptoTycoon with decentralized storage services to solve the problem of massive Non-Fungible Token...
NFT STARS to integrate with Avalanche to improved experiences for both creators, buyers, and sellers of NFTs.
NFT STARS is a multi-chain NFT marketplace that presents artists, digital art...
Chronicle has raised $3.2 million in Seed Round to create a fan-friendly marketplace for digital collectible cards based on nonfungible NFT tokens.
The funding led from blockchain VCs —...
CryptoTycoon has collaborated with Treasureland. The fishing rod Non-Fungible Token of FishSwap in CryptoTycoon will be auctioned, sold and exchanged through Treasureland.
Currently...
Bondly has partners with BakerySwap, BakerySwap will cooperate in NFT markets, launching liquidity farming and staking pools.
This collaboration will also allow for more staking services via...
Ankr collaborated with Curate for the upcoming launch of Curate gasless Non-Fungible Token marketplace in June.
Through this integration, Curate will use Ankr’s API services to empower its...
RageFan to Launch the First Fantasy Sports Non-Fungible Token Card Shop on NFTify.
On NFTify, RageFan will be able to aggregate the storage and exchange of its NFTs from a one-stop. In a...
NFTY Labs to Integrate DigitalBits Blockchain NFTY Connect, is a first-of-its-kind solution that allows users and brands to easily customize and manage their NFT functionality, enabling...
Yield Protocol has partners with NFTrade.
YIELD holders will be empowered to stake $YIELD for rewards in the form of Non-Fungible Token one of which will grant holders early beta access to...
Origin Announces $1.3M OGN Buyback using Non-Fungible Token sales proceeds, Origin using half of the revenue generated from their recent NFT sales for this token buyback. Purchased OGN will...
Treasureland has Partners with Free Spark.
Free Spark will provide more support to Tresureland in the field of NFT. The two sides will further cooperate in NFT and other fields, as well as...
Blockchain Cuties Introduces $BCUG exclusive Non-fungible Tokens, and launching a collection of exclusive NFTs that are available only for $BCUG holders.
The first collection of...