The Israeli-American musician has been a long-time supporter of crypto, and says he will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for the sale of his $13.5 million Nevada mansion.
Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity.
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-23, Indian Finance Minister Nirmala Sitharaman said during her budget speech. RBI’s Digital Currency, the Digital Rupee, Coming Soon India’s finance minister, Nirmala […]
Seeking a permanent solution for over 4 million BTC users, the government of El Salvador focuses on Chivo wallet’s stability and uptime, scalability and social impact.
As you can maybe tell, i'm fairly new here so excuse me if my etiquette is a bit lacking. I have been seeing a lot of good things posted in this sub about ALGO and upon looking into it i was reminded of another project that piques my interest, Solana. Which i see doesn't get…
Read more
Hey guys, trying to keep an eye out for rule 8 here but I think it’s a relevant conversation. Anyone following the music NFT site that went live today? Definitely shady stuff, apparently creates an NFT of any album or artist searched for on the platform. Don’t want to link to platform for obvious reasons,…
Read more
submitted by /u/56ab118 [link] [comments]
Gamefi has been the talk of the town in crypto for a while now, and growing institutional interest suggests there’s plenty of race left to run. Whether it’s Gemini raising $400m to facilitate access to the metaverse, or the Tron Foundation launching a $300m gamefi fund, an apparently endless river of capital is flowing into the space and nourishing the impression that very soon, we’ll all be donning VR headsets and devoting our free time to exploring, interacting and earning in immersive virtual reality worlds. The latest venture to welcome a seven-figure investment is Galaxy Fight Club, a MOBA game built on the Polygon blockchain. In its latest seed and private sale, the cross-IP game raised $7 million in a round led by Animoca Brands, Sequoia Capital and Skyvision Capital, having won investment from The Chernin Group, YGG SEA, Spartan Capital, Sfermion, PKO Investments, Infinity Ventures Crypto, Rarestone Capital and many others. Galaxy Wars Commence Distinct from many of its battle-based competitors, the project seeks to emulate Nintendo’s Super Smash Bros franchise by providing a stage where players from around the world can bring their own NFTs (Cryptopunks, BAYC, etc) to the party and fight to earn rewards. By giving NFT owners from different communities an opportunity to use their weird and wonderful assets on an interoperable platform, Galaxy Fight Club seeks to create a sustainable ecosystem that challenges the current siloed model. As the GFC team sees it, every single NFT project is a lego-brick just waiting to be connected to others. The concept has clearly found favour with the industry’s venture capital firms: over two dozen parties participated in the bootstrapping round, and The Chernin Group’s Partner Jarrod Dicker sees Galaxy Fight Club as a terrific bet. “There are two major trends coming to crypto gaming, shepherding in the utility of PFP (profile picture) NFTs and making play-to-earn games more fun. Galaxy Fight Club is pioneering both,” he says. “Building off of the composability nature of major NFT projects, Galaxy Fight Club is creating a new value for these communities by presenting a fun way to leverage their favourite projects.” As well as opening the floodgates to multiple NFT collections, Galaxy Fight Club features its own platform-native Genesis Fighter avatars that generate rewards (5-15 $GCOINs daily) simply for holding them in your wallet. These native fighters provoked plenty of hype when they sold last year, with the collection of 10,127 NFTs selling for close to $10 million. This collection accounted for 40% of the platform’s total supply. Whether players decide to wage war with a tricked-out genesis fighter, an NFT from elsewhere, or an automated default fighter with base stats, their avatar can be put to the test in PvP Deathmatches, 3v3 Team Tournaments and 10-person Battle Royales with a range of prizes up for grabs, including $GCOIN, weapons, even ETH. “We see huge potential for protocols integrating increased utility of their NFTs, rather than being solely a social status symbol,” says Skyvision Capital Partner Patrick Wu. “The GFC team has a wealth of experience in understanding products and has designed an easy, fun and interactive game.” Galaxy Fight Club has already formed a number of key partnerships that could help it achieve its lofty ambitions, not least with several gamefi guilds – Perion DAO, Avocado Guild, YGG Sea and Path DAO. Having now completed a bumper funding round, the project looks well placed to make a splash in crypto’s hottest and fastest-growing space.
https://planetquest.io/join/referral/15bfb7d6b5e0a539db78d42aa6ef73c863b73114b34321b35dfa48f45a803c2d Good luck! and heres to a prosperous launch for us all This project has seen insane growth on discord and hit 100k members within 2 days and are at over 160k rn! I have faith in the project and although it is super early a free day 0 Passport NFT with utility is always…
Read more
Bitcoin extended increase above the $38,800 resistance zone against the US Dollar. BTC is now struggling near $39,200 and might correct a few points. Bitcoin started a fresh increase and was able to clear the $38,500 resistance zone. The price is now trading above $38,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $37,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it stays above the $37,500 support zone in the near term. Bitcoin Price Consolidates Bitcoin price remained strong above the $37,500 pivot level. BTC extended increase and was able to clear the $38,500 resistance zone. The price even spiked above the $39,000 level and settled above the 100 hourly simple moving average. A high is formed near the $39,290 level and the price is now consolidating gains. There was a minor decline below the $38,800 level. Bitcoin traded below the 23.6% Fib retracement level of the recent increase from the $36,665 swing low to $39,290 high. However, it is trading above $38,000 and the 100 hourly simple moving average. Source: BTCUSD on TradingView.com On the upside, an initial resistance is near the $38,800 level. The first major resistance is near the $39,200 zone. A clear move above the $39,200 zone might push the price towards the $40,000 resistance zone. Any more gains may perhaps open the doors for a larger increase in the coming sessions. The next major resistance above $40,000 might be near the $41,200 level. Downsides Limited in BTC? If bitcoin fails to start a fresh increase above $39,200, it could start a downside correction. An immediate support on the downside is near the $38,500 zone. The first major support is seen near the $38,000 zone. It is near the 50% Fib retracement level of the recent increase from the $36,665 swing low to $39,290 high. The main support is near the trend line and $37,500. A downside break below the $37,500 support zone may perhaps call for a sharp decline in the near term. Technical indicators: Hourly MACD – The MACD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is still above the 50 level. Major Support Levels – $38,000, followed by $37,500. Major Resistance Levels – $38,800, $39,200 and $40,000.
