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.
🎉@playcentglobal Stacking pool will goes LIVE! today on @Poolz__ at 5pm UTC 🎆#Playcent is a blockchain-powered template based platform allowing developers, gamers and creators to...
01.03.2021
🎉@3LAU sold a collection of limited edition #NFTs for $3,666,666 🎩Justin Blau, AKA 3LAU is a successful recording artist, an American DJ and electronic dance music...
01.03.2021
🎉An entertainment-focused collectibles platform @terra_virtua Partnered with @polkamarkets for NFT Gamification. 🎆#TerraVirtua will add gamification richness to the prediction...
24.02.2021
🎉@Chiliz will be having an AMA & QUIZ with @GainsAssociates 🎆Chiliz is a leading digital currency for sports tokenization & cryptocurrency exchange for sports. 🎁$100...
22.02.2021
🎉Chance to win @F1DeltaTime 2019 car #NFT and $REVV Token! in Round 2 of Staking. 🎆#F1DeltaTime is an official Formula 1 #blockchain game developed by @animocabrands, built on the...
22.02.2021
🎉A digital artist sold #NFTs for 447 $ETH, depicting a similar style to Banksy.🎆The artist is using the moniker “Pest Supply” and appears to have donated some profits from the...
21.02.2021
🎉@decentraland celebrates 1 year anniversary with virtual party!🎆@decentraland is a blockchain-based virtual game world that allows buying and selling pieces of land called...
21.02.2021
🎉@playcentglobal will be having an #IDO on @Poolz__, a decentralized swapping protocol for cross-chain auctions of Fungible & #NFT tokens. 🎆Playcent is a blockchain-powered...
21.02.2021
📈NFT Market had shown a huge spike and gained huge popularity last year, in Art, gaming & blockchain industry. 📊Total trading volume of NFT artwork reached all time high of...
10.01.2021
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