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.
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...
Animoca Brands raises US$88,888,888 based on valuation of US$1 billion. The funding is for further aggressive growth in animoca brands as it continues to bring digital property rights to...
Apron Network has partners with SakeSwap to release Apron’s first Non-Fungible Token on SakeSwap. Apron is planning to launch 1024 limited edition NFTs. Apron Network will launch its first...
Harmony Community Launches Crazy.ONE Subdomains Non-Fungible Token on the Harmony blockchain. This will enable any one can now claim their sub-domain on crazy.one by completing a...
PlayDapp Partnered with Chainlink to integrate Chainlink Verifiable Randomness Function (VRF) to obtain a secure and provably fair source of on-chain randomness within the PlayDapp...
Evanesco Network Partnered with Pacific, a leading Non-Fungible Token marketplace on Polkadot. Evanesco will secure NFT assets and trade safety on Pacific full-stack. Evanesco will be having...
Uniqly Partnered with Enjin to bring physical Non-Fungible Tokens to Efinity, a next-generation, cross-chain network for non-fungible tokens (NFTs). Uniqly will have the first planned...
Cryptofifa Initial DEX Offering to be held on DaoStarter, Whitelist is Open! Whitelist May 10 – May 12, 4:00am UTC Public Offering Date: 5.13 12:00pm UTC Total $FFA tokens Available:...
Exeedme has partnered with Chainlink to integrate Chainlink VRF to fairly distribute rare NFT and XED rewards. As well as Exeedme will support dynamic NFT and lottery mechanics use cases in...
SEEN HAUS – Connecting the physical and digital world. Introducing SEEN HAUS, a digital auction house that connects the physical space into the digital space through the use of...
The Sandbox teamed up with VoxoDeus to bring a new way to play to the metaverse. Through This collaboration, all VoxoDeus minters can bring their characters into The Sandbox. VoxoDeus NFT...
Polkamon has partnered with BSC Station. This collaboration will bring innovative animated digital collectibles to the NFTs ecosystem. $BSCS holders can win exclusive BSC Station-themed...
DigiCol has Partnership with Poly Network. With Poly Network’s support, DigiCol is able to offer the world’s first seamless NFT cross-chain operations to artists and collectors via Poly...
Binance Staking Launches TerraVirtua $TVK Staking with Up to 47.67% APY, starting from May 6, 12:00 PM (UTC) Locked Staking Format: First-come, first-served basis. Interest Calculation...
Crypto Prophecies Partnered With Animoca Brands. Animoca Brands invested in the private sale of The Crypto Prophecies. In return, The Crypto Prophecies will be added to a huge list of...
Ethermon Initial Decentralized Offering (IDO) To be Held on Polkastarter on May 18. Polkastarter Launch Details Public launch for the $EMON token on Polkastarter The price will be $0.10USD...