Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Why DigiNation’s Immersive and ID-Based Metaverse Will Change How We Interact With NFTs

Metaverse is a term we’re hearing more and more these days, not least since Facebook announced it was changing its name to Meta and transitioning into “a metaverse company.” A concept that refers to immersive virtual environments where users can socialize, play, shop, and even earn, the metaverse could represent the future of many industries, from gaming and e-commerce to social media. The term metaverse is a portmanteau of meta (meaning beyond) and the universe, and intrepid technologists are busy fleshing out just what this burgeoning collective space will look like; and how we will navigate it. Although it’s early days, signs are that wearable AR/VR devices (headsets, goggles) and blockchain-based digital assets will play major roles, with several projects already at an advanced building stage. One notable example is DigiNation, a metaverse with personal identity at its heart. Delving Into DigiNation Built on the Ethereum blockchain, DigiNation is an all-encompassing ecosystem that comprises an extensive virtual environment, playable characters (represented by DigiAvatar NFTs), a 3D design studio called DigiMaker, a web gallery named NFT Live, and an OpenSea-esque integrated marketplace known as DigiMarket. Described as a “Web3 metaverse featuring NFT-based innovation,” the fast-growing venture is currently gearing up for its public mint on November 15, whereupon up to 950 unique DigiAvatar NFTs will be made available on a first-come, first-serve basis. Another 74, meanwhile, will be allocated to those who have contributed to the community in its formative stages. As in the famous RPGs, ‘players’ are represented by avatars – the aforementioned DigiAvatars, to be more specific. In the DigiNation metaverse, these NFTs are in essence the indigenous citizens. And these unique personas – which can be minted for 0.08 ETH plus gas – can be customized according to the player’s activities in the game. This latter feature is about more than equipping your hologram with a cool weapon or fetching hat, though: in DigiNation, avatar NFTs have multiple dynamic parameters including Experience, Level, Contribution, Fame and Fertility, with each improving as the player becomes more successful in the metaverse. Later, a user might elect to sell his advanced DigiAvatar on the DigiMarket – or trade it for a different NFT that is appealing in its own right. DigiNation calls this identity-focused concept ‘MetaCreation’. The idea being that DigiAvatars represent players’ unique data, with everything from their behavior and credit information recorded and tokenized on-chain via an NFT, and updated via smart contracts. With interoperability being a stated goal of the DigiNation team, the hope is that NFTs can access both the DigiNation metaverse and others available on disparate blockchains. Similarly, third-party NFTs can be imported via NFT Live. For example, it will be possible to import a 2D picture NFT such as a CryptoPunk – which DigiNation will convert into an animated 3D avatar for use in the game. Like popular NFT marketplace OpenSea, the integrated DigiMarket provides a means by which players can showcase and trade all of their assets, including those created with DigiMaker and those imported from elsewhere via NFT Live. Gaming in the DigiNation It’s fair to say that DigiNation is swimming in NFTs; aside from characters, non-fungible tokens in the game include collectible items, properties, art, even songs that play when you traverse a certain pocket of land. Games and events are a big part of the landscape, too, with DigiAvatars able to compete in various quests, missions and battles in return for rewards. Single and multiplayer games can be created by players using DigiMaker’s drag-and-drop toolkit or integrated into the metaverse by professional gaming studios. Speaking of games, the platform will next month launch a multiplayer online tournament called Crypto Survivor, a sort of amalgam of the TV series Survivor and Squid Game. While only whitelisted NFT holders will be eligible to participate, the showcase could serve as an interesting demonstration of DigiNation’s potential. The team behind this particular metaverse project is at pains to point out that they don’t want to go it alone. Instead, they envisage a collaborative, community-powered virtual world where NFTs can travel between metaverses. This is why the NFT Live program was created: to empower other NFT projects to join the DigiNation world, and in doing so give those tokens greater utility. Opening such doors could of course be a boon for DigiNation: in allowing NFT holders to interact with their metaverse, they set the stage for them transacting in the DigiMarket, minting new NFTs in DigiMaker, playing games, or just exploring what the world has to offer. For now, that’s all hypothetical: the only important date on the calendar is November 15, when the public mint sees hundreds of DigiAvatars make their way into the world. After that, it’s down to DigiNation to make their metaverse a rich tapestry that players can’t resist.  

I wanna heard y’all’s best guess at this bull runs ATH for ETH and the low for ETH on the upcoming bear winter.

I'm thinking $8500 is the high and $1000 is the low. submitted by /u/Resident_Piccolo_866 [link] [comments]

NFT Gamification and the Future of the Gaming Industry

NFT’s are the latest utility of blockchain technology that has taken the world by storm. This technology is disrupting various avenues from art and sports collectibles to gaming and real estate. The NFT gaming industry has particularly boomed in the past few years and is becoming the future of the gaming industry. The first time NFTs were introduced in the gaming industry was in 2017, when CryptoPunks conducted a giveaway and in Crypto Kitties video game which was one of the first NFT games. However, the success of Crypto Kitties was short-lived as it was one of the early models and lacked robust underlying architecture. Regardless, the NFT gaming industry is evolving now, and several projects are offering players a chance to earn cryptocurrencies while playing games. One of the newest additions to the NFT gaming industry is Werewolf. Werewolf is a unique cryptocurrency exchange with DeFi capabilities. As the name suggests, the Werewolf project takes inspiration from the old and popular myth about a human and wolf hybrid. Werewolf Protocol harnesses the power of blockchain to evolve cryptocurrency and consists of various decentralized finance-based apps including, a Decentralized exchange, a Staking mechanism, an NFT marketplace, Finance gaming, and more. The ecosystem is powered by the Werewolf Coin (WWC), a utility token used for the governance of the project. NFT Gaming with Werewolf Werewolf has designed an FPS game in sync with the mythologies of werewolves. The game is about being a werewolf in a pack. The pack is the most important survival tool for the werewolves, which is excitingly demonstrated in the game. The game is brutal and dysfunctional to offer an exciting and fun gaming experience. The fearless Alpha leads the pack and can build their pack of betas on the blockchain. As the blockchain allows tokenization of assets, it acts as a great building block for a decentralized gaming asset marketplace as designed by the Werewolf Protocol. Here are some of the advantages of NFT gaming. NFTs allow users to earn or purchase in-game assets that are registered on blockchain to secure copyright. These NFTs can be sold or staked to create an additional source of income. NFT games are more fun as they are based on a play-to-earn model where players are rewarded for their efforts. The decentralized game from Werewolf protocol combines all the functions of the project in a single place with the added excitement of playing as a werewolf. To learn more about the Werewolf protocol, visit https://werewolf.exchange/.  

Question about cancelling a transaction moving coin via bridging (Polygon to Etherum)… how do I do it?

So for whatever reason… I had some SHIBA INU in my Ethereum wallet as well as my Polygon wallet… This was via MetaMask… I tried to move the SHIB coins from Polygon to Ethereum… I did a bridge on polygon network, and paid the small transaction fee and it was approved on that end… What…
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Can BTC really reach 100k before this year ends?

I heard many, many opinions on this and it's tough for me to decide if I believe in it or not. Some say they expect some crazy gains like 130k while others are a bit more conservative with expectations of around 80k-ish. Especially in this sub, it seems like every post has a different opinion;…
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Innocent Market Question

Hi, I haven't been in the space for long and don't have a masters in business or anything, so maybe someone more experienced than me can enlighten me: A lot of people who have been in crypto for years seem to share this sentiment that, since the market moves in cycles, we're bound for a…
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User feedback a new project

Hello friends and fiends! Lads and Lady! A friend and I are building a new project for the Ethereum community. It's based on NFTs that are distributed to a group to help build communities. We're still building the app and to make the next step is to get as much user feedback as possible on…
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Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program

Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between restaurant giant Landry’s and New York Digital Investment Group (NYDIG). In addition, Landry’s said it will buy bitcoin for its treasury. “We view bitcoin as a good choice for a portion of […]

Indonesia’s national Islamic council reportedly declares Bitcoin haram

While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia.

Considering bridging our NFTs from Ethereum to Solana

We're an indie game studio that has a small number of NFTs minted and sold on Ethereum, you might remember this post from a while back. Our NFTs give the player a one of a kind skin in-game as well as other premium perks. I'm a big fan of Ethereum and long-time supporter, but trying…
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