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.
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...
GamerHash Collaborated with Exeedme, GamerHash is creating a community on Exeedme platform.
Exeedme organising tournaments and leagues under the GamerHash banner on Exeedme’s platform....
aiRight will official launch on May 31, aiRight is the first of its kind to solve origin and royalty problems of NFTs with the AI and Blockchain technology powered by Oraichain.
aiRight is...
Luchadores.io to use Chainlink VRF to create provably random lucha libre wrestler NFTs.
Chainlink VRF is to select the traits of its limited supply of 10,000 Lucha libre wrestler...
NFT STARS IDO to be held on BSCPad on June 5th, The whitelisting process is already open.
NFT STARS also concluded 2 private token sales round led by big investors including, Moonwhale...
Curio raise $7M in seed round to expand growth of NFT platform and accelerate rewards program. Seed round led by big investors including Fenbushi Capital, Kenetic Capital, Protocol Labs,...
NFTify has partners with DAO Maker to provides users of the NFTify e-commerce marketplace a gateway to more DeFi services (and powerful e-commerce features) through the DAI token.
This...
ATTA has partners with Treasureland to jointly issue NFT Assets of top celebrity and fashion trend.
This collaboration will also jointly promote a deeper application of blockchain technology...
DOGGY Non-Fungible Token Marketplace and the 3.0 Decentralized Token focuses on bringing best NFTs to the users, with strong auto burning, and holding mechanisms, running on Binance Smart...
NiftyKit Launches on layer 2 Polygon Network offering creators and brand a low cost NFT minting. Polygon operates a Proof-of-Stake mechanism, and this mechanism offers an energy-efficient...
DEGO Finance announced strategic partnership with Parami Protocol.
through this collaboration, both team will work on DEFI and WEB 3.0. Parami will provide more possibilities for the...
Faraland secured 2.4 million USD in seed round, led by blockchain investors and partner, including PolkaFoundry, Icetea Labs, 590 Ventures, Moonrock Capital, Morningstar Ventures, DextForce...
Spring has partners with Bondly, This will enable content creators will able use Bondly technology on the Spring platform to create, mint and market NFTs, and Bondly will provide expertise...