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.
dotmoovs Integrates Chainlink Verifiable Random Function (VRF) to fairly distribute Rare NFTs. By integrating Chainlink’s industry-leading decentralized oracle network, dotmoovs have...
Lympo collaborates with Binance NFT marketplace to host NFTs of famous athletes. Binance NFT will host Lympo’s IP-based sport-related non-fungible tokens (NFTs), including future NFT...
Nifty Royale Launches with Chainlink on Mainnet with Chainlink Keepers and Chainlink VRF, creating truly random and autonomous NFT battle royale games on Ethereum. By integrating Chainlink...
Introducing Citizen Finance, a world’s first blockchain enabled first-person shooter game across multiple platform with support for Non-Fungible Token and Game Finance. Citizen Finance...
TWO TWO has Partners with NFFT. NFFT is creating a decentralized marketing network. The Blockverse allows anyone to own and use or rent out space. Each block can be thought of as a space in...
Blind Boxes Launches on Polygon Network, a Layer-2 scaling solution. This collaboration augments Blind Boxes’s vision of building a robustly interoperable decentralized ecosystem for...
ChainGuardians Introduces ChainBoost, a NFT and Defi-oriented incubator and BoostPad protocol designed to be the go-to solution for users and projects, all powered by the ChainGuardians...
Bondly Receives Investment from BitMart to Fast-Track Non-fungible token Ecosystem Growth. Bondly will direct the BitMart investment into the NFT Technology Exploration, IP Cooperation, and...
Gourmet Galaxy, an innovative Yield Farming platform, a combination of DeFi and NFTs in a gaming experience. Gourmet Galaxy is currently running on the Ethereum Blockchain and will be...
ApeSwap integrates Chainlink VRF to ensure fair weekly Non-fungible Ape (NFA) draw. Chainlink VRF is the industry-leading random number generator (RNG), providing smart contracts an on-chain...
Contentos collaborated with Merito on Non-fungible token Ecosystem. Through this collaboration, Contentos will work with Merito to source quality content for NFTs and grow the NFT ecosystem...
Yield Guild Games is excited to announce the big event that will be coming on their ecosystem, $YGG token sale. The event will be hosted by MISO Launchpad powered by Sushiswap on 27th July...
Reef Finance Welcomes NFTify to Reef Chain to give access to NFTs Through E-Commerce. Reef will allow users to: Quickly and easily Issue and sell NFTs with low fees on Reef Chain Access a...
MochiMarket has Partners with NOFT Games. Through this collaboration Noft Games users will be able to trade the Noft Collectibles which are based on BEP-721 standards on the Mochi...
Polychain Monsters Partners with Taker Protocol to Bring Liquidity to Non-fungible tokens. Taker Dao will help provide a guaranteed amount of liquidity for the NFTs on the whitelist. The Dao...
pNetwork has partners with Algorand to launch cross-chain bridges for the Algorand ecosystem. pNetwork has received a grant from the Algorand Foundation for creating a pNetwork-powered...
Nifty Pays has partners with Launchpool for an Allocation Mining Event (AME) on 28 June, 2021. The AME launchpool price token is $0.07 with an allocation size of $250k. The allocation mining...
Nifty Royale Will Integrate Chainlink Keepers to Automate NFT-Based Battle Royale Games in a decentralized and highly reliable manner. Chainlink Keepers is a decentralized service that calls...