Category: Cryptocurrency News

https://www.cnbc.com/2022/01/24/couple-earned-nearly-120000-dollars-in-6-hours-selling-nfts.html What do you think about this? People are still making money then? submitted by /u/somethedaring [link] [comments]

Decentralised Investment Group (DIG) is a Dubai-based company that believes in the power of the blockchain to transform lives. In line with this goal, the company is committed to making impactful investments in the blockchain space, including the GameFi sector. They aim to embrace decentralisation in all possible ways, making it ubiquitous whilst integrating it into every single aspect of the world. Ultimately, this will change the fabric of society. GameFi Investments Just a few years ago, the metaverse was a concept that only existed in science fiction books. However, modern technology, and especially the internet, has made the metaverse possible. Today, there are numerous metaverses where users can visit and interact with others using avatars. There is clear transformative power of the metaverse. The team behind DIG believes in the impact that blockchain will have in this sector. One way this will happen is via GameFi, which is the use of the blockchain in the gaming world. DIG has created, and owns, a number of DeFi and GameFi products, with their GameFi arm being named after one of them, Blue Monster Games. Using the blockchain in the gaming world comes with numerous advantages. For one, the play-to-earn (P2E) model allows players to earn money while playing fun and interactive games. Additionally, players can secure real-world ownership of in-game assets. It represents a huge evolution from the current model where in-game tokens have no real-world value. Besides that, centralised control usually means that in-game items can be abolished by the game’s developer at will. Titles Supported by DIG Decentralised Investment Group is already working on numerous titles for the GameFi sector, investing $5 million into them to help do so. They include: Kart Racing League One of the titles that have already launched is Kart Racing League, which is the world’s first NFT kart racing game. The game is now accessible on iOS and Android devices via the Apple Store and Google Play Store respectively Kart Racing Game is a live NFT play-to-earn game that features 10,000 KRL token holders. The game has nearly 30,000 daily active users. DIG has the goal of growing these numbers 10X and achieving $10,000,000 in NFT marketplace transactions by the end of Q1 2022. Realms of Reality Another title under DIG is Realms of Reality is a blockchain MMORPG (multiplayer online role-playing game). DIG invested $5 million in the game. They also helped the company raise $5.24 million during the pre-sale. They intend to conduct a public sale in Q12022, during which they plan to raise a further $20 million from investors. Development of the game is expected to be complete by Q1 2023. It will be built as an AAA MMORPG game (“Triple A” generally refers to a game that has a high development and marketing budget), on par with titles such as World of Warcraft and Skyrim. Legends of Aria DIG is in the final phase of acquiring the games studio behind Legends of Aria, a popular MMORPG game. Once the acquisition is complete, they intend to convert the game into an NFT P2E title. Other Developments DIG is also working on an NFT collection with an upcoming game called “Original Myths.” They are also working on creating a Mortal Kombat-style fighting game for the GameFi world called Bladed Vanguard. Upcoming Massive Gaming Guild Besides releasing and acquiring titles, Blue Monster Games launched the world’s biggest gaming guild. The undertaking is spearheaded by Haydn Snape, Founder and CEO of Decentralised Investment Group. The gaming guild will be set up in the Philippines, which is the largest market for P2E games in the world. Gaming guilds are businesses where you can buy large amounts of NFTs and lend them to others, often called “scholars.” The earnings from the scholars playing P2E games are split between the guild and the scholars. Commenting on the upcoming guild, Snape said, “I’m extremely proud of the strides we’ve made in the past couple months and I am excited to see Blue Monster Games establish local operations for the guild in Manila.”

World-famous football clubs and superstars are making a grand entrance to the crypto world by issuing fan tokens and releasing unique NFT collections. The timing for this crossover couldn’t have been more perfect. The pandemic widened the gap between fans and sports clubs. It was challenging to develop activities to spur fan engagement on a digital platform. Even the football clubs were in a tough spot, albeit over 2.5 billion fans worldwide. To overcome these challenges and delight fans with new experiences, clubs began pursuing new ventures in the crypto space. Some of the wealthiest football clubs in the world, including Barcelona, AC Milan, Manchester City, and PSG, jumped on the crypto bandwagon and launched a limited supply of fan tokens through blockchain launchpads. Meanwhile, the superstars of these clubs went on to make record sales in the NFT landscape. Football World Is Fully Embracing the Crypto Paradigm With no platform enabling digital fans to interact with their favourite football club or player actively, they had only stayed spectators of the game for a long time. But crypto tokens and blockchain promises to change that forever. As crypto platforms remove entry barriers, any fan with the internet can participate in club-related activities. In 2021, NFTs were the most significant revelation that showed the world how communities could grow and mutually benefit everyone. To bring that same energy into the football world and introduce fans to NFTs, projects are launching limited sets of digital collectables and sports cards. Football players are releasing a series of NFT collectables that highlight their best career moments in the same breath. For example, Messi launched Messiverse in partnership with a famous artist, Bosslogic, and Ethernity Chain. The super rare, 1/1 art piece called “The Golden One” sold for nearly 1.1 million dollars. Projects like Sorare and Wrapped Strikers also witnessed remarkable sales and attracted a whole new fan base into the NFT world. To take fan engagement a step further, football clubs are now issuing fan tokens and expanding fan offerings with voting rights and membership perks like VIP stadium tours and signed jerseys. This resonated well with the majority of football fan bases. As a result, the value of these fan tokens rose quickly, bringing the total market cap of fan tokens over $200 million. Crypto Marketplaces Will Cater 99% of Football Fans Not in Stadiums NFTs are here to stay, and so are fan tokens. So the key to maximizing revenue opportunities and fan engagement for a football club and fans is a digital football marketplace. A marketplace that combines the best of both worlds and provides memorable fan experiences is needed in this emerging football trend in the cryptoverse. Projects such as First Eleven, SoRare and more capture the essence of these moments perfectly, providing platforms for football enthusiasts to buy unique NFTs and participate in IDOs. This offers fans and the community a chance to be closer to the clubs and sporting stars they love the most. Fan tokens that back these projects also provide utility by introducing a series of features such as staking. First Eleven’s ($F11) token serves to be a perfect example with its upcoming NFT marketplace and staking roadmaps in 2022. Several projects also allow fans to vote and predict outcomes of games for club-curated rewards. It provides unique features such as launchpads that provide liquidity from fans for clubs to finance its activities to foundations such as the F11 foundation, impacting real-world issues. Can Football Drive Mainstream Crypto Adoption? It is a positive sign for the whole ecosystem, as non-crypto natives are now exposed to NFTs and different marketplaces. However, the need to maintain a perfect balance between sports and blockchain utility to provide fans with what they want remains preliminary. So fan-first marketplaces like First Eleven will be the primary drivers of mainstream crypto adoption in the football world. To find out more, connect with F11 across social media and the web here: Website | Twitter | Facebook | Instagram

Ken Kutaragi, father of the Sony Playstation, has issued his opinion about the metaverse narrative currently developing on the market. The former executive of Sony stated that he saw no point in the metaverse idea of separating the real world from the virtual one. Playstation Inventor Bashes Current Metaverse Conception Ken Kutaragi, one of the […]

SharkRace Club project developers have implemented the latest technologies to provide maximum value and incredible experience for the SharkRace Club members. The platform embraces high-quality NFTs and play-to-earn 3D Metaverse Game, offering so much fun for players. BSC Blockchain and Built-In Wallet The SharkRace Club project is built on the BSC blockchain. Developers chose this platform as it provides the fastest and safest transactions. In addition, all operations within the ecosystem will be processed through smart contracts. The project development team has extensive expertise in building blockchain solutions. Together they have developed Tizer crypto wallet, which is available to download on the AppStore and Google Play. The wallet is integrated into the SharkRace Game  Platform, and one can easily enter and play with no need to connect any crypto wallet. Although, the project is fully compatible with other wallets as well. SharkCoin The project token is SHRK – SharkCoin also created on BSC. The token can be applied for all operations within the platform – users may buy NFTs with it, boost their rarity, buy stuff on the marketplace, or stake. The total supply is 1 billion, initial market cap – $308,480. The project plans to hold an IDO on March 3, 2022, on Seedify, Enjinstarter, Oxbull, Gemstarter launchpads. NFT Sharks And Rarity Upgrade SharkRace Club NFT collection was created by high-profile Cannes Lions awarded artists who have worked on drawings for Disney and visual art for the Olympics. The collection comprises 20,001 generative NFT Sharks, each of which is unique. In addition, there are 1000+ hand-drawn traits ensuring that every NFT Shark owner gets an unforgettable experience turning their Sharks into an authentic piece of art. The images are drawn in 3D and delivered in ultra-high 4K resolution (2400×2400). Each NFT has a different rarity index and is distributed randomly. NFT owners have access to the Rarity Upgrade Platform, where they may customize their NFTs acting like true artists. They can buy rare traits for NFTs as well as complement them with GIF animation effects at the Rarity Store. It helps increase the initial rarity index of NFTs and multiply their utility. It looks like an advanced online clothing store where visitors can try various things on their NFT Sharks and see how they fit them. Each accessory comes as a separate rare BEP-721 NFT and has its own rarity index. Once the user picks the clothes or accessories for an NFT, one should click “dress”, then the smart contract will burn the initial image of the NFT Shark, changing it to its new style with the new trait. This new image will be added to the user’s account and refreshed in the metaverse. SharkRace Club And Its Preferences Once user buys an NFT Shark he (she) becomes a member of the SharkRace Club and receives many privileges, such as: Access to the Rarity Upgrade platform and SharkCoins Lifelong royalties, right to vote, staking preferences Free Game-pack of 3 different gaming NFT meta-sharks to start playing right away and a gift card for the play-to-earn game, also for free. Shark Race Game Shark Race is a world of intelligent and merciless sharks competing for the RaceBank and unique NFT prizes deep down the shark’s metaverse. Cross-platform play-to-earn 3D game uses special gaming meta-sharks and BEP-1155 NFT. Built on Unreal Engine 4, this is a game with breath-taking challenges where participants can earn, try their luck and enjoy the race. Players can get extra skills, lives, boosters, etc. and select one of the three types of meta-sharks which suit their gaming style best. The game provides a great way to earn money with zero input just by selling in-game artifacts which you have gained through the race. In the group tournament, the prize fund will be generated by the SharkRace platform sales. Additionally, players will be able to initiate their own team-play with bids provided by them. Various leagues and fascinating tracks will be released in the Shark Race. Team and backers A dedicated and experienced team is aimed to grow and boost the SharkRace Club project. The game release is planned for Q2 2022 and is supposed to revolutionize the gaming industry, uniting players worldwide. Having such solid backers as Shima Capital, AU21, IBC, NFT Tech, Seedify, Enjinstarter, OxBull, Synapse, Prostarter, Inazuma, OIG Capital, and others the project has all the chances to succeed. The combination of an engaged and experienced team of bright minds and trusted backers leaves no doubt that it will be a fantastic 2 in 1 NFT project that will bring truly groundbreaking ideas and opportunities for NFT Collectors and players. Roadmap The project has long-term and ambitious plans, and it is easy to see from the roadmap: March 3, 2022 – IDO March 5-8, 2022 – NFT pre-sale and INO March 9-11, 2022 – NFT Sharks collection mint April 2022 – the play-to-earn game release Wrap-up Detailed and bright, professional and high-quality NFT cards with numerous exclusive traits, options to upgrade the NFT rarity, special gaming NFT pack, dedicated team, numerous advantages and gifts for the SharkRace Club members , staking, and just having a good time – all these and much more make the SharkRace Club project so unique and revolutionizing, so we can’t wait to try all the features it brings. It won’t be long to wait for the project to start  – IDO is planning on 3 March 2022 on Seedify, Enjinstarter, Oxbull, Gemstarter launchpads.

Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest soccer federations in the world, to become its main sponsor. With this deal, Binance will become the main sponsor of all the Argentinian national soccer teams for the next five years and will issue a new fan […]

When you consider what politicians, the SEC, and bankers have to say about crypto, it should be evident that according to them, they have no value and are regarded as a worthless and a useless asset… but they’re still taxing us on crypto. When it comes to value, they probably didn't understand the ecosystem and…
Read more

Ethereum is recovering losses above $2,400 against the US Dollar. ETH price is rising, but it must clear $2,550 for a steady increase. Ethereum is slowly moving higher towards the $2,500 and $2,550 resistance levels. The price is trading below $2,500 and the 100 hourly simple moving average. There was a move above a major bearish trend line with resistance near $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if there is a clear move above the $2,550 resistance zone. Ethereum Price Faces Resistance Ethereum found support near $2,150 and started a decent recovery wave. ETH was able to climb above the $2,250 and $2,350 resistance levels. There was a clear move above the 23.6% Fib retracement level of the recent decline from the $2,547 swing high to $2,160 low. Besides, there was a move above a major bearish trend line with resistance near $2,500 on the hourly chart of ETH/USD. The pair is still trading below $2,500 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $2,500 level. The first major resistance is near the $2,550 level. A clear move above the $2,550 resistance might start a steady increase. In the stated case, the pair could rise towards the $2,720 level. It is near the 50% Fib retracement level of the recent decline from the $2,547 swing high to $2,160 low. Source: ETHUSD on TradingView.com If there is an upside break above $2,720 resistance, zone, the price could gain bullish momentum. The next major resistance is near the $2,850 level. Any more gains might send ether price to $3,000. Fresh Dip in ETH? If ethereum fails to start a recovery wave above the $2,500 level, it could start a fresh decline. An initial support on the downside is near the $2,420 level. The first key support is now forming near the $2,320 level. A downside break below the $2,320 level might spark a sharp decline. The next major support for the bulls may perhaps be near the $2,200 zone. Any more losses could push the price towards the $2,150 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $2,320 Major Resistance Level – $2,550

PRESS RELEASE. As the new year gets underway, there has been a lot of speculation and interest regarding what role the metaverse, crypto and VR (Virtual Reality) will play going forward. After all, our society is becoming increasingly digitised and the COVID-19 global pandemic is still very much ongoing. As a result, there is a […]

We all know that the best place to DYOR is in the project's whitepaper, but how do we actually read it ? Do we need to have a computer science background ? Not at all.So i've decided to create a step-by-step guide on how to read crypto whitepapers being an average crypto investors. First off,…
Read more