2021 was a ‘Year of Renaissance’ for NFTs. From the mainstream perspective of the market, after the crypto cat project boomed in 2018, NFTs finally in 2021 ushered in a concentrated outbreak where many flourished. On the one hand, Opensea has taken the lead in NFTs trading, forming a blue-chip phalanx of NFTs led by CryptoPunk, BAYC, Coolcat and other projects. On the other hand, GameFi projects represented by Axie Infinity combines NFTs with DeFi, successfully bringing the brand-new economic model of Play to Earn to the mainstream market. In the great bull market, NFTs succeeded in overtaking the curve to attract main market funds, and it has become an important asset class in the blockchain world. Since 2022, the NFTs market has inevitably been affected by the macro market condition. After the frenzy, market participants began to rethink the fundamentals of the NFTs track: What will be the future of NFTs? What will be the next NFTs hotspot?
Crypto lottery platform Lucky Block has announced a major software upgrade. The upgrade will involve changes that make it easier to implement its 12% tax on sales of Lucky Block's LBlock token. The tax is used to incentivise long-term holdings, discourage day-trading and fund the lottery prize pool.
Circle Internet Financial, LLC, a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes, and the sole issuer of USD Coin (USDC), today announced the launch of the new Circle Account. Through the comprehensive portal, Circle Account allows business customers to deposit, withdraw, send, receive, store and allocate funds to invest in digital currency to implement their operations in the digital economy.
101-year-old Robert McAdam, PhD, a former WWII POW and Purple Heart recipient, is the world's oldest known collaborative NFT artist. His 6,000-piece generative NFT art collection is entitled "Peace 101." The American war veteran's collection is planned to be auctioned in April/May of this year and is expected to appeal to a global audience. Images of the art series will be previewed during the "reveal," shortly before the announced auction date.
As digital assets become more attractive in the eyes of market followers, the competition over their attention becomes more intense for brokerage brands. CryptGain, a world-renowned online broker, has recently changed the rules of the game by announcing that it is adding more options for payments and reimbursements. Namely, the brand is enabling the use of several additional e-wallets that have become increasingly popular lately. This change has already been implemented, and registered users can already enjoy the enhanced variety.
WoC offers a new way to earn back players ROI at a sustained rate rather than one that fluctuates based on a number of variables. It is expected that this economy combined with the token distribution schedule will allow investors to be able to predict the average rate of income for their purchase over its lifetime. World of Cryptoids (WOC) has recently launched one of the world’s sustainable play-to-earn (sP2E) games built on blockchain technology. This game was made possible through a combination of blockchain technology and a team with a strong background in both cryptocurrency and mainstream mobile gaming applications.
Graystone Company, Inc. (OTCQB: GYST), is pleased to announce its expansion into real estate development in the Metaverse. We have created a separate corporate division and dedicated budget to purchase real estate parcels in the Decentraland 3D virtual platform. The Company planned on making its first Metaverse real estate transaction in the 4th quarter of 2022, but we made an executive decision to expedite the launch of this division in February 2022 instead.
MEXC listed KStarCoin (KSC) in the Innovation Zone and open trading for KSC/USDT trading pair this month. Seoul, South Korea – KStarNFT transfers various products such as concert tickets, Idol photo cards, and CD albums that have been purchased by Hallyu fans in the traditional market to the digital world. Through FT technology, KStarLive develops and expands the value of Hallyu by improving the biggest problems in the existing Hallyu goods market such as counterfeited products and concert ticket resale.
NFTs and play-to-earn games are most interesting in the crypto space. They are unique and enhance the creativity of the users. The introduction of the metaverse will increase their demands further. Keeping in mind the growing bullish sentiment, we decided to launch our own NFT marketplace and play-to-earn gaming platform. Equipped in our Gundam Token ecosystem is an edge-of-the-seat experience waiting for you.
Huobi Incubator, the project incubation arm of Huobi Global, today announced that it will co-host and sponsor the second cohort of the Octopus Accelerator Program together with Web3 Scholarship and Octopus Network to underpin and drive the improvement of Web3 projects, with the aim to lead the current Internet into its next phase. In the past two decades, Internet technology has advanced by leaps and bounds, greatly changing users' lives. But the major drawback of the current Web2 phase lies with having all value available owned and controlled by Web2 social media companies, with user data and privacy breaches occurring from time to time. To counter these drawbacks, Web3 is emerging, with the goal of making the Internet more permissionless, decentralized, transparent, and secure. All these properties are in line with Huobi Incubator's expectations for the future Internet.