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.
Metalottery integrates Chainlink VRF bring verifiable randomness to its Decentraland-based lottery. Through Chainlink’s industry-standard oracle network, Metalottery users can now verify...
Upshot is bringing crowdsourced Non-Fungible Token appraisals to Polygon.
This integration will enable reduced gas fees, faster transactions, and a seamless experience for Upshot users....
PolkaRare Non-Fungible Token Marketplace MVP is now Live on Polygon Testnet.
This integration allow users to overcome one of the most common barriers of blockchain space, the time-consuming...
Helix, and Hedera Hashgraph will develop a non-fungible token (NFT) based football game that will utilize the intellectual properties of famous football clubs under license to Animoca...
CurioInvest Integrates Chainlink Price Benchmarks to Support New Collectible Car-Backed NFTs (CTns) & NFT-backed stablecoin (CSC). CTns are Security tokens (token of the ERC-20...
Faraland is launching Non-Fungible Token heroes sale on May 29, at 2pm UTC.
Faraland is a role-playing strategy wargame for Android and iOS, developed on blockchain by MoonKnight Labs. The...
StartFi announced integration with Polygon
This integration will allow non-fungible token creators to mint NFTs on the Polygon commit chain blockchain network, this will help recuce fees on...
dotmoovs partners with Polygon, dotmoovs wants to allow people to interact with each other, to challenge one another in their favourite sports and to improve their skills while doing it.
By...
HoDooi has partnered with Gold Star Promotions, the worlds leading promotion organization.
Gold Star Promotions will work with HoDooi to create multiple NFT collections from a wide range of...
HoDooi raises $4.3 Million in Strategic Investment Round led by Morning Star Ventures, Mentha Partners, Hillrise Capital, ZBS Capital, AU21 Capital, Swissborg Ventures, Sora Ventures,...
Ontology Providing decentralized identity (DID) Solutions to Music Streaming Platform, ROCKI.
Ontology’s Decentralized Identity (DID) registration management SDK will enable ROCKI to...
Faraland to Launch its NFT Shop on NFTify. Faraland is a multiplayer RPG NFT game offering players the opportunity to own thousands of unique NFT warriors and equip them with unique weapons,...
Nafter Introduces Nafter Staking Pool Tiers. This will enable Nafter platform users can stake their $NAFT token with higher APY with respect to tier level. These tradable NFT’s give users...
Lootex’s Marketplace now support polygon, Through this integration, Lootex users now can utilize the platform’s services at a lower gas fee. Now it opens a door for minting large...
Nifty Royale will integrate Chainlink VRF (Chainlink Verifiable Randomness Function) to securely & fairly select winners in its Non-Fungible Token battle royales.
With the adoption of...
Sollectify has announced its development on Solana, being built through Project Serum. The Sollectify platform is a marketplace for users to create, trade, and sell non-fungible tokens...
Dvision Network has partnered with Injective Protocol to launch the NFT Future Contracts and establish Injective Protocol Digital Center.
Through this collaboration, the primary purpose of...
BSC Station has Launched Startpool to helps quality NFT and non-NFT projects distribute their tokens to a wider audience while allowing crypto users and investors to generate attractive...