An Indonesian college student has reportedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea NFT marketplace.
Sultan Gustaf Al Ghozali, a 22-year-old computer science student from Semarang, Indonesia, converted and sold nearly 1,000 selfie images as NFTs. According to Ghozali, he took photos of himself for five years — between the ages of 18 and 22 — as a way to look back on his graduation journey.
Ghozali selfies were taken sitting or standing in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. The artist set the price for each NFT selfie at $3 without expecting interest from serious buyers. While monetizing his expressionless images, Ghozali said:
“You can do anything like flipping or whatever but please don’t abuse my photos or my parents will very disappointed in me. I believe in you guys so please take care of my photos.”
Ghozali’s OpenSea profile. Source: OpenSea.
Going against his wildest expectations, Ghozali’s NFT offering blew up as prominent members of Crypto Twitter showed support by purchasing and marketing the offerings.
With the rising popularity, one of Ghozali’s NFT sold for 0.247 Ether (ETH) on Jan 14. worth $806 at the time of purchase, according to AFP. The young entrepreneur also adds a touch of personalization by providing some background information along with the selfies, which adds to the rarity of the NFT.
At its peak, Ghozali’s selfie NFTs sold for 0.9 ETH, worth roughly $3,000, according to a Lifestyle Asia report. Ghozali’s collection subsequently reached a total trade volume of 317 ether, equivalent to more than $1 million. The young artist also made his first tax payment on the basis of this income through OpenSea.
this is my first tax payment in my life https://t.co/VDa8KYYPGs
Related: NFT sales and blockchain games continue to grow despite the recent market slump: Report
Despite the recent sluggish performance of the overall crypto market, the NFT marketplace and blockchain gaming industry continues to record high transaction volumes.
As Cointelegraph reported, DappRadar data shows that the number of UAW connected to Ethereum NFT DApps grew by 43% since Q3 2021. In addition, the money generated by NFT trading went from $10.7 billion in Q3 2021 to $11.9 billion in the first ten days of 2022.
Melbourne, Australia, December 23rd, 2021 — The world’s first ethical and inclusive DeFi ecosystem platform MRHB DeFihas launched its highly anticipated Souq NFT marketplace. Partnering with Gachyi Land, the first blockchain gaming gacha-launchpad ecosystem, the two parties will mint and issue Hallal Gachyi, a unique Gachyi Land-themed NFT collection created for Souq NFT.
Souq NFT is the first NFT marketplace in the world focussed on creating an ethical and halal marketplace for digital art and other NFT assets. Artists on the platform follow image, audio and video content guidelines such as no hate speech, racism or nudity, and must verify that the artworks are original pieces (no rip-offs of existing NFTs).
The MRHB DeFi collaboration with Gachyi Land will see the latter create 1,410 Hallal Gachyi NFTs (otherwise known as ‘Rimos’). MRHB DeFi will create and deploy the smart contract for these NFTs and Hallal Gachyi will be sold on Souq NFT marketplace.
“Our vision to create an inclusive, ethical DeFi and NFT ecosystem continues to take shape,” says Deniz Dalkilic, CTO of MRHB DeFi. “The Hallal Gachyi collection is the result of a unique collaboration with Gachyi Land and demonstrates our commitment to launching quality crypto products that meet and hopefully exceed community expectations.”
“NFTs are the building blocks of our digital future — they allow us to own digital items in ways we have never been able to before,” comments May Wong, founder of Gachyi Land. “We wanted to provide a colorful and cute entry point into the NFT space for the Islamic community, in the form of a ‘Rimo’. The NFT space has shown us that early adoption of NFTs that gain value over time represents opportunity. We are excited to release Hallal Gachyi with MRHB and provide value to their community!”
Hallal Gachyi NFTs will be issued on the BSC blockchain using the ERC-721 token standard. NFT owners will be able to play a mini-game at a future date where they can earn rewards such as $MRHB tokens and $Polymer tokens. The NFTs will also receive utility in Gachyi Land’s MMO RPG (Massively Multiplayer Online Role-Playing Game), expected to be released in 2023.
Both parties will promote the new venture together on their respective platforms and are exploring future plans for MRHB to create other gamification models that integrate with the MRHB ecosystem.
A Shared Vision to Empower Communities
The Gachyi Land platform was created with the desire to empower artists with its disruptive NFT ecosystem. Gachyi Land provides artists with the platform, community, technology and tools they need to display and sell their work, and further explore the possibilities of the digital realm.
Similarly, MRHB DeFi was conceived with the goal of giving excluded and crypto-cautious communities better access to cryptoverse opportunities with a key focus on the provision of decentralized financial services that avoid interest-based profits and lending. MRHB DeFi bridges the existing gap between crypto offerings and the ethical faith-based community.
The journey to an inclusive, ethical DeFi cryptoverse has not been a lonely one for MRHB DeFi. The halal project is currently backed by investors and partners which include Polygon Technology, Sheesha Finance, Blockchain Australia, Australian Gulf Capital, Mozaic, Contango Digital Assets, NewTribe Capital, Masary Capital, ZKSync, Acreditus Partners, EMGS Group, Sinofy Group, MKD Capital and others.
In collaboration with management consulting group, Sinofy, MRHB DeFi has also organized an NFT art competition, designed for creators and artists, within the framework of the DEV Challenge Season 18 championships in Ukraine. More information on how to participate can be found in the MRHB DeFi Medium blog.
December is turning out to be a very exciting and busy month for MRHB DeFi, having launched their IDO yesterday on December 22nd. The $MRHB tokens were sold out on the DODO launchpad in half a day, with the second launchpad ZeeDO catching up. Upon completion of IDO, TGE (Token Generation Event) will take place on December 24th 1PM UTC/GMT, which will then be closely followed by its listing on the popular DEX Pancakeswap.
About MRHB DeFi
MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.
The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.
Gachyi Land is building an ecosystem that consists of an NFT Launchpad and Play-To-Earn MMORPG. NFTS issued on their platform will be incorporated within the ecosystem to serve either an in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.
With its disruptive Play2Earn MMORPG, Gachyi is providing artists with the platform, community, technology, and tools they need to unleash their creativity and gain the exposure they deserve. NFTs will be minted via Gachyi’s interactive gachapon machines on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC.
British Virgin Islands, 22nd Dec 2021 — Following a successful community raise on Launchpool, with 2.7 million tokens staked by 3,000+ wallets at a value of USD 9.4 million, Tony Hollingsworth, CEO of the Listen Campaign announced a massive increase in $LSTN utilities, including a 50% discount on Listen NFTs.
“We are very pleased with the private sales of theListen Tokens ($LSTN),” said Hollingsworth. “After the initial raise, we went back at the request of the Launchpool community for a total raise of $750,000 and an additional $350,000 on Infinity Pad. With Lightning and IDO coming up, we then decided to reward our loyal holders and give back via this massive discount.”
Listen NFT collections
The NFT sale will begin with an unprecedented collection of NFTs featuring never-to-be-repeated performances by huge artists such as Stevie Wonder, Sting, Bob Dylan, David Bowie, BB King, George Michael, Jon Bon Jovi, MC Hammer, and dozens more.
In addition to the discounts available, $LSTN token holders have a chance to win 1 of 50 pairs of tickets to the private view of the “Listen Live” event at the Los Angeles Coliseum on June 20th to 22nd, featuring dozens of film and music stars.
“In order to reward our most loyal holders,” continued Hollingsworth, “those with greater holdings will unlock greater discounts, but we will do more, including having auctions that are open only to $LSTN holders, staking benefits and spot contests and prizes.”
The Listen Campaign platform has an annual reach of 500 million people
The Listen NFTs are a part of the Listen Campaign, a global broadcast campaign in 200 countries, 9 languages and scheduled to reach over 500 million people. The Listen Campaign will benefit 1 billion vulnerable and disadvantaged children around the world. The tokens themselves will be supported via a massive marketing and advertising campaign.
Record-holding team
The team behind the Listen Campaign is headed by Tony Hollingsworth, who created nine of the largest global campaigns including the “Nelson Mandela 70th Anniversary Tribute” and “The Wall: Live in Berlin”. They will be bringing their expertise to the decade-long Listen Campaign.
As the team prepares for launch, they have lined up their final IDO Launchpad with Lightning to further increase the number of token holders, project supporters and community members.
Imminent completion of the security audit will be followed by a strong promotion and execution of TGE and NFT launch via the ‘Listen Collectibles Auction and Shop’.
LCAS, Built on Flow
Listen built their platform from the ground up to make buying NFTs as easy as possible for non-Crypto audiences. It is built on the Flow blockchain so it is faster, allows for native fiat payments using regular credit cards and has lower transaction fees. Flow is also more environmentally friendly than Ethereum.
Nonfungible token, or NFT, became such a tech buzzword in 2021 that even Collins Dictionary declared the abbreviation its word of the year and Google searches for NFTs spiked to record levels.
Behind the term is a market that approaches $17 billion, according to Cointelegraph Research. And the NFT marketplace OpenSea is responsible for processing most of these transactions, with a trading volume that recently surpassed $10 billion.
NFTs’ potential reaches far beyond art to include music, sports collectibles and video games, while its utility encompasses ownership as well as exclusive access to unique functions and features.
From CryptoPunks and Beeple’s collage to NBA Top Shot and RTFKT, the following collections stood out, not only in numbers but for their growing communities. As we wrap up 2021, let’s take a look at the top 10 collections and sales in NFTs this year.
CryptoPunks, Larva Labs
CryptoPunks are the OG of NFTs, according to DappRadar. The collection launched back in 2017 before the ERC-721 NFT standard existed. Larva Labs released all 10,000 punks for free to Ethereum users and since then, CryptoPunks’ popularity and value on the secondary market have boomed.
Source: Larva Labs
In June 2021, an alien punk sold at Sotheby’s for $11.75 million. In August, Visa acquired a $150,000 CryptoPunk for its corporate collection and Hollywood agency UTA inked a deal to use CryptoPunks in mainstream media. August 2021 saw a record $400 million spent on CryptoPunks in a single month. In September, Reddit co-founder Alexis Ohanian attended the Met Gala sporting a CryptoPunk badge.
CryptoPunks has seen the highest trading volume on OpenSea with 756,984 Ether (ETH) ($3.03 billion). Its increasing value and historical relevance makes it the top NFT collection.
Bored Ape Yacht Club, Yuga Labs
The collection with the second highest historical trading volume is Bored Ape Yacht Club, or BAYC, with 266,843 ETH ($1.07 billion).
The core team behind Yuga Labs is made up of four friends who wanted “to make some dope apes, test our skills and try to build something ridiculous” this year, according to their website. The lead artist behind BAYC is All Seeing Seneca. As an owner of one of the 10,000 Bored Apes, an NFT can double as a Yacht Club membership card and grant members-only access to THE BATHROOM, the Bored Ape Kennel Club and Mutant Ape Yacht Club, or MAYC.
In September, Sotheby’s sold a collection of 107 BAYC NFTs, made up of 101 Bored Apes and six Mutant Apes, for $24.4 million. This is the third-highest off-chain NFT art sale at an auction house to date, after Beeple’s NFT pieces. In November, a surge in OpenSea sales appeared to be connected with a more than 900% uptick in the sale volume of BAYC and MAYC NFTs, likely due to celebrity buyers like Jimmy Fallon, Post Malone who featured BAYC NFTs in a music video and Rolling Stone magazine Bored Ape and Mutant Ape covers. Most recently, BAYC was part of a four-way collaboration between PUNKS Comic, Gmoney and Adidas Originals for the launch of Adidas’ “Into the Metaverse” NFT project.
Thrilled to have collaborated with @RollingStone on their first-ever NFT covers. Auctions for these two 1 of 1’s close Monday on @SuperRare:
On Tuesday, Bored Ape Yacht Club NFTs surpassed the floor price of CryptoPunks for the first time indicating bullish public sentiment toward the future of BAYC.
Beeple
NFT artist Mike Winkelmann, better known as Beeple and self-described as a “dude who makes crap,” holds the record for first and second-most expensive digital art pieces sold at public auction and off-chain as of November 2021, according to Art Market Research.
Following British auction house Christie’s $69.3 million sale of Beeple’s “Everdays: The First 5000 Days” in March 2021, Beeple’s “HUMAN ONE” piece sold for $28.9 million in November. “HUMAN ONE” is a tangible seven-foot-tall rotating box made of LED screens. It can be physically displayed, unlike most NFTs that live in digital wallets. The footage on the screens will be periodically edited and updated using blockchain by Winkelmann in response to current events, according to Christie’s statement.
Beeple became a household name in 2021, especially after winning GQ’s Maddox Gallery Artist Of The Year in September and sitting down with Jimmy Fallon on the late-night TV talk show The Tonight Show.
Related: Why NFTs can be a riskier investment than cryptocurrencies — Report
Axie Infinity, Sky Mavis
Axie Infinity shattered records as the game became the first DApp to surpass $2 billion in NFT trading volume this year, according to a DappRadar Q3 industry report. Axie lags just behind CryptoPunks in trading volume. The game recently moved to the Ronin sidechain solution and generated over $776 million in revenue in Q3.
Source: Axie Infinity
Axies are creatures used to duel other players, battle enemies and complete daily quests. These NFTs can be bred (minted), bought and sold, and are valued by their rarity and in-game advantages. In November, a land plot within the monster-battle NFT game sold for a lucrative 550 ETH ($2.3 million).
Axie Infinity co-founder Jeff “Jiho” Zirlin spoke on a panel at the NFT BZL conference earlier this month about his belief that “we are in a battle for the future of the internet, and grassroots communities such as Axie are having an impact against large corporations,” referring to corporations like Facebook and Apple.
Axie Infinity was first created in 2018 and currently leads the gaming sector as a pioneer of the play-to-earn, or P2E, movement. And since launching a staking program that allows users to hold Axie Infinity Shards (AXS) governance tokens, the trading game increasingly attracts players.
NBA Top Shot, Dapper Labs
NBA Top Shot is a popular fantasy basketball NFT game that first launched in late 2020. As a first-of-its-kind sports collectible game, users can collect, trade and sell cards as digital tokens that represent their favorite NBA players and moments. Highlights can be used to complete challenges or arrange into showcases to show off to the community.
Source: NBA Top Shot
This summer, Top Shot collectors who were in person at the NBA Summer League games in Las Vegas were able to purchase live in-arena moments. It also welcomed the WNBA to Top Shot and introduced its first WNBA pack drop.
Officially licensed by the National Basketball Association, NBA Top Shot was created by Dapper Labs and built on the Flow blockchain. The historical trading volume, according to DappRadar, is $750.4 million. The three highest-selling NFTs were LeBron James NFTs from the Los Angeles Lakers’ 2019–2020 season.
VeeFriends, Gary Vaynerchuk
Behind VeeFriends is entrepreneur Gary Vaynerchuk, also known as Gary Vee, as both the artist and the project founder. His hand-drawn animal doodles sold out in May for $51 million at auction in the first week, which Vaynerchuk said in one of his podcast episodes, he pocketed. After 90 days, VeeFriends’ revenue totaled $91 million. For the additional $40 million, Vaynerchuk received a 10% royalty on every secondary transaction. In October, Christie’s auctioned five VeeFriend characters for over $1.2 million.
The VeeFriends collection is made up of 10,255 character NFTs and each represents intellectual property. A benefit of owning a VeeFriend is a three-year admission token to the multi-day superconference VeeCon. One NFT called “Hangout Hawk” even comes with the opportunity to receive mentoring sessions with Vaynerchuk. One collector, YouTuber Dan Markham, exchanged his Tesla Roadster for graphic novelist Eli Burton’s “Positive Porcupine” NFT. In the following Twitter thread, VeeFriends outlines its latest collaborations with companies from card game producer Uno to the department store Nordstrom.
[5-min read] What’s been going on in VeeFriends this week!
Related: Blockchains vie for NFT market, but Ethereum still dominates — Report
FLUF World
FLUF World is a collection of metaverse-ready 3D avatars called FLUFs living as NFTs on the Ethereum blockchain. FLUFs are programmatically generated rabbit avatars. In an interview with Cointelegraph, New Zealand-based FLUF World founders shared their approach to entering the metaverse. “We had this strong belief that Web 3.0 metaverse is this community-led creative vision,” they said, adding:
“When you start with stories and weave them into characters, then people fall in love with those characters. And we’ve been really deliberate to build them in a way that makes them dynamic and engaging. It’s not a static piece of art. You can name them, modify the backgrounds or attach new music, according to your mood or vibe. All of this data is stored on-chain. And the users are part of the co-creation journey with us.”
During Miami Art Week, FLUF World hosted a FLUF Haus event to introduce FLUFs popstar, AngelBaby, who performed the first-ever live metaverse concert for both physical and virtual attendees. FLUF Haus organizes events that engage real-world artists into the metaverse and is FLUF World’s way of remaining connected to the physical world.
Users can purchase virtual real estate called Burrows, which serve as meeting spaces for FLUFs and other avatars. The latest addition to FLUF World includes 9,669 Party Bears, which sold out within 10 minutes of being dropped to users who wanted new avatars to explore the metaverse alongside existing FLUFs and spider Thingies.
Jadu Hoverboards and Jetpacks, Jadu AR Inc.
What do Canadian musical sensation Grimes, seven-time Formula One world champion Lewis Hamilton and legendary American rapper Snoop Dogg all have in common? Answer: Together with augmented reality developer Jadu, they are all behind a series of rare Jadu Hoverboards NFTs for players to fly around the augmented reality inside the metaverse. This collection of 6,666 hoverboard NFTs was the firm’s second NFT drop. The first, consisting of 1,111 Jadu Jetpacks, sold out in 20 seconds with a total volume of 2,632 ETH ($10.5 million) traded.
The Jadu Hoverboard collection has also been making waves with 1,873 ETH ($7.5 million) in cumulative volume traded since inception. Recently, Jadu raised $7 million in a seed round backed by prominent venture capital firms such as Coinbase Ventures to fund the development of the world-scale augmented reality game Mirrorverse, launching next year. On top of that, Jadu is partnering with The Sandbox to bring its jetpack NFTs to the latter’s metaverse. Both jetpacks and hoverboards will be compatible with 40,000-plus avatars, including popular collections like FLUFs and CyberKongz.
Back to the Future Day is the perfect time to reveal the Jadu Hoverboard NFT.
On Dec. 14, Nike entered the metaverse after acquiring RTFKT, with the goal of delivering next-generation collectibles to bridge the gap between culture and gaming. RTFKT, pronounced like the word “artifact,” is a studio fostering a new digital sneakers culture for video game and blockchain enthusiasts. In an exclusive interview with Cointelegraph, Chris Le, the firm’s co-founder, said casually: “I manage a team of artists and conceptualize sneaker designs. If I feel like getting my hands dirty, I’ll model the 3D sneakers, do all the rendering and make the NFT’s out of them.” Although the collection consists of 13 sneaker NFTs, they’ve fetched an impressive 976 ETH ($3.9 million).
Aside from NFT footwear, RTFKT also minted a series of 20,000 three-dimensional avatars on the Ethereum blockchain called Clone X. These in-game characters can be used in decentralized virtual reality realms, such as Decentraland, together with other wearable items. At the time of publication, RTFKT Studios second collections trending in terms of trading volume for its Clone X collaboration with artist Takashi Murakami.
Related: Adidas Originals to launch debut NFT collection
Pak, Nifty Gateway
Pak, a pseudonym for a digital artist or anonymous entity, ranks as the top NFT artist with a total artwork value sold of $321 million across 66,319 pieces, according to data by CryptoArt. The creator’s works are known for their sophisticated blend of futurism and spatial depth interwoven with geometry.
During an event earlier this month called Merge, interested buyers were required to purchase as many Merge tokens as they desired during a 48-hour sale. Each new Merge token transfer was then combined with the original Merge token in the recipient’s wallet, forming a single entity and increasing its “mass” value. At the end of the auction, buyers then received dynamically generated NFTs based on how much “mass” they accumulated throughout.
Era7: Game of Truth is an innovative Play2Earn NFT trading card game (TCG) that has recently been creating a lot of buzz in the GameFi space. We reach out to Era7 to find out exactly what makes this game tick.
Q. Please introduce yourself and what you do at Era7, thank you.
Hi, I am Teddy Chen, responsible for the system design of the Era7: Game of Truth project. I graduated with a bachelor’s degree from Shu-Te University. I previously worked at Game Hours Inc as Vice President of Operations and before that I was the General Manager at Joycell Inc and the Operations Manager at ISTAR Inc.
In the game industry, I possess 20 years of experience — from PC online games to web games, mobile games, and now I am a part of the very exciting blockchain GameFi industry. My long gaming experience has taught me to focus on the players — how do they feel, what motivates them etc. As the person in charge of system design at Era7, I hope to provide the best gaming experience for players everywhere.
Q. Congrats on your recent fundraising with a staggering lineup of VCs and institutions. How did you manage that?
Era7’s Research & Development team has 15 years of experience in online game development and achieved great results in the traditional gaming space. To date, we have altogether accumulated nearly 10 million users in the online games that we have developed.
After adding the concept of NFTs and Play-to-Earn to the Era7 game, along with offering chain interoperability, we attracted many well-known blockchain investment institutions. These institutions are extremely interested in the three competitive features of Era7, which are:
1. Ability to attract the traditional gamers. Era7’s Trading Card Game (TCG) genre and rich gameplay are factors that resonate with traditional game players. Moving forward, the iOS and Android versions of the game will be launched simultaneously, and with promotional support from the traditional gaming circles, will bring in more valuable new traffic to the gamefi industry.
2. High-quality product. Era7’s offers rich gameplay content and competitive elements, providing users with long hours of entertainment. With 1,000 exquisitely crafted NFT cards that have different attributes, the players can come up with endless battle strategy combinations which can generate different performance outcomes in battle. In the near future, these players can form an ever-growing PVP (player-to-player) competitive gaming community where they can not only play to earn, but also play for fun. At the same time, Era7 is also in the process of building an Esport-Fi model, so that holders of rare NFT assets will have more avenues to earn.
3. Low threshold entry to Game of Truth. Era7 has no barrier to entry for players. Users who don’t understand cryptocurrency can still experience the game in the free-to-play mode. Indeed both novice and experienced gamers can find their place in the game, and together with the project, build their own worlds of truth that belong to them.
Q. What is the central concept behind Era7: Game of Truth?
Era7’s artistic inspiration comes from TCGs like Hearthstone and Magic: The Gathering.
The Game of Truth plot revolves around seven races on the Continent of Truth who compete for the title of “King of Truth.” Amongst the races are groups of specially gifted individuals who are sent to attend Summoner Academy to undergo rigorous training where they graduate to become Summoners. Upon graduation, they travel the world to make Summoning Pacts with the most powerful amongst the seven races, to establish strong allies in order to consolidate their power.
Since ancient times, throughout the year, battles amongst the Summoners have been held in the heart of the Continent. These Summoning Battles attract Summoners from all over the world who battle for the ‘King of Truth’ title. The winner is crowned ‘King of the Continent’, and he and his race are awarded the highest honors in the land.
At Era7, we hope to create a world of truth that belongs to all the players in this kingdom of truth.
Q. You are a Play2Earn NFT trading card game, are there other GameFi projects like you? If so, how are you different from your competition? If not, help us to understand your first-mover advantages in this space.
We have two types of competitors. The first type are those like Thetan Arena, with elements of esports and competitive attributes built into GameFi. The second type are those like the Splinterlands/Mytheria card games with GameFi. They are all undeniably excellent and successful projects, and have built their own core following.
Compared with the GameFi products on the market, the prime advantages of Era7 are the following:
With our rich game content and a mature economic system that support long hours of gameplay, we can guarantee a healthy ecosystem of players and token pricing.
Both our stable numerical card system and the large number (almost 1,000) of cards make confrontational battles fun and exciting, allowing players room for imagination to strategize their gameplay and create their own unique card libraries.
Our fast-paced and mildly competitive battles will not tire the players out.
While the players are experiencing the fun of gaming, Play-to-Earn is also an objective and we give players the opportunity to benefit financially while they play.
In terms of Esports, we have developed a system of balance and fairness, which will allow capable players to achieve more rewards and honors. This will encourage everyone to enjoy the charm of Esports gaming all the while easily earning as they play.
Q. Tell us more about your upcoming NFT Sale on December 20th. Can you share some pictures of the types of trading cards that will be on sale? What are the premium buys?
The NFT Sales Event will be launched on 20th December and will feature 6,000 standard Mystery Boxes (‘Light Box’) priced at USD 119 and 400 premium Mystery Boxes (‘Epic Light Box’) priced at USD 399 respectively. The Mystery Boxes will be released in batches on a first-come-first-served basis.
The NFT launch will start on December 20th at UTC 12:00 and end on December 22nd at UTC 00:00.
Using Metamask, buyers can connect to the official marketplace to pay for purchases with $BUSD.
The Light Box and the Epic Light Box will feature 16 Master Cards with varying levels of rarity and value. When a buyer obtains a Master Card, he or she has approximately 15 days, before the game is officially launched, to complete the ‘UNSEAL’ function. After the buyer completes unsealing, he or she will receive several Battle Cards in one go. Furthermore, the Master Card that he or she holds has the capability of automatically summoning Battle Cards daily. These NFT cards are all precious in-game resources.
Subsequently, when the user ecosystem is well-developed, the quantity and quality of the cards held by the player will be the conditions that determine the number of ERA tokens and GOT rewards that the player will be able to obtain. Both ERA and GOT are game tokens which can later be exchanged for cryptocurrencies on DEXes and CEXes in the future. The unsealed Mystery Box that has been successfully snapped up at this upcoming sale or the Master Card that is obtained after unsealing can both be traded and sold on the official marketplace.
Here are examples of the 2 types of Mystery Boxes:
Here are some examples of Master Cards:
Q. Please share with us any other exciting news that you would like our readers to know thank you.
Era7 officially launched global marketing for the project in November 2021 and since then we have been revealing news and updates in stages. To date, Era7 has completed its seed round and an initial private round of financing, led by Hashkey and MOBOX, and a dozen other renowned VCs and institutions including Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin Fund, Waterdrip Capital and more.
In November 2021, we set up our official website and built our community on channels like telegram, twitter, discord, facebook, reddit and medium. Simultaneously we also launched our global PR in Southeast Asia, Europe, South America and other countries. Currently, we have more than 190,000 followers in our community.
On December 16th, the second phase of our official website was released and we launched the white paper as well. We had a series of airdrops and giveaways and started our NFT airdrop on December 13th. What is most important is that our NFT official marketplace will go live on December 20th, and at the same time, the NFT Mystery Boxes will be on sale for a limited time.
Come January 2022, Era7 will launch our IDO. We are excited that we have managed to collaborate with Pancake and another well-known IDO platform. We will be announcing whitelisting activities, how to participate in the IDO and final confirmation of the IDO platforms. After completing our IDO milestone, ERA token and GOT token will be officially registered on exchanges.
The first version of Era7 will be introduced in February 2022 to our players and they can join the play-to-earn game to play and earn. From here on, we are also planning for the development of an esport ecosystem, construction of a GameFi platform and building a series of IP for Era7 and other metaverse products. Players are welcome to check out the details on our official website or from the roadmap in our White Paper.
For more updates on Era7: Game of Truth, please check out its official Website, follow the project on Twitter and join the conversation on Telegram or Discord.
Era7: Game of Truth is a Play-To-Earn NFT-based trading card game (TCG). It offers the perfect combination of traditional gaming and decentralized finance (DeFi) to gamers, bringing an entertaining gaming experience while providing an avenue to earn.
According to Era7 ancient folklore, the seven races on the continent of Truth battle against each other for supremacy all year long, to vie for the title “King of Truth”. The victor from the Game of Truth emerges as the ruler of the continent whereby he and his race then enjoy the highest honors in the land.
Founded by core team members from internationally renowned game developers with over 15 years of valuable experience such as Com2uS, NCsoft, Nexon, and Netmarble, Era7 is backed by heavyweight VCs and blockchain institutions such as Hashkey, MOBOX, Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin Fund, Waterdrip Capital and more.
Be among the first to experience an ethical NFT marketplace with Souq NFT.
Kyiv, Ukraine, 8 Dec 2021 — MRHB DeFi, the first inclusive and ethical DeFi ecosystem platform is set to launch its NFT marketplace — Souq NFT. For its debut launch, MRHB DeFi is pleased to partner with DEV Challenge Season 18!
DEV Challenge is a Developer Championship thatholds the title for being the largest European IT competition since 2012. As the largest championship created for developers and designers in Ukraine, DEV Challenge has been supporting the technical potential of developers in Ukraine. To date, more than 20,000 developers have participated in this challenge.
Introducing Souq NFT an NFT marketplace powered by MRHB DeFi
Souq NFT is a marketplace for digital art and other halal NFT objects. Artists will participate in creating digital artwork for the first halal NFT marketplace in the world, following image, audio and video content guidelines such as: no nudity (ideally no body art at all), no hate speech, no racism and must be an original piece (no rip-offs of existing NFTs).
Perfect for Artists and Creators
Artists and Creators are invited to participate in an upcoming NFT competition set within the framework of the DEV Challenge Championship. This challenge is perfect for you if:
You have long wanted to figure out the best way to leverage NFTs and start selling your artwork.
You are a creator, with existing work on NFT marketplaces, and are currently looking for other options to monetize your art.
Kindly register for the competition and you will be sent detailed information about the launch of the Souq NFT platform and how best to start using it.
Attend the online or offline master class where you will be introduced to the platform. There are limited slots for participants, kindlyregister to join.
In order to properly guide and assist you during the competitive process, the organizers are implementing an online workshop, where you will be guided through the platform and taught how to correctly upload your artwork to the NFT Marketplace.
A tutorial guide to creators (digital artists, 2D, 3D designers, etc.) on how to mint your NFTs on the Souq NFT Marketplace will also be provided, where you will be assisted in setting up your accounts through which you can receive funds from NFT sales.
Please register for the Workshop.
About MRHB DeFi
MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.
The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.
Singapore, December 6th, 2021 — BSC-based (Binance Smart Chain) Era7: Game of Truth is set to open the sales of its first batch of NFT Mystery Boxes on 20th December 2021, paving the way for the launch of Era7’s most anticipated Play-to-Earn NFT Trading Card Game in the first quarter of 2022.
Era7’s journey into the blockchain gaming space is backed by some of the biggest names in the industry, who have rallied behind its vision and mission. To date, Era7 has completed its seed round and an initial private round of financing, led by Hashkey and MOBOX, and a dozen other renowned VCs and institutions including Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin Fund, Waterdrip Capital and more.
Funds will be directed towards the ongoing game development as well as marketing and operations. Notably, besides investing, MOBOX will also come on board Era7 as co-developer consultants, providing technology support towards the development of Game of Truth.
An Excellent Opportunity to Access Privileged NFT Prices
The upcoming NFT sale provides a good opportunity for early supporters to benefit from the privileged pricing of the unique trading cards. In the first batch of NFTs on sale, while the Mystery Boxes are priced the lowest, buyers will be able to enjoy privileged pricing across all NFT trading cards. Endowed with different features, all cards have intrinsic in-game value and can hold considerable upside potential in the TCG market as the trading cards gain increasing value alongside growth in the game’s popularity and a corresponding scarcity of the NFT cards on open markets.
Indeed, for fans of the game, this is the perfect opportunity to strategically collect cards and position themselves early in the game, not to mention an excellent opportunity to invest early at the lowest NFT prices for future returns.
According to Era7, they will also implement an NFT airdrop right before the NFT sales to reward the community for their continued support and commitment to Game of Truth.
Game of Truth aims to be a Benchmark for NFT trading card games
Era7: Game of Truth is the first trading card game to deploy the concept of NFTs and DeFi to captivate gamers with its unique Play2Earn features. Designed to drive traditional gamers to GameFi, Era7 gives them and blockchain gamers the opportunity to earn, own, and exchange in-game items with real-world monetary value.
By providing modestly competitive and fast-paced gameplay, combining combat and strategy, Game of Truth hopes to become every gamer’s choice. In a three-minute game, players may think about how to configure and strategize their greatest decks in PVP (player-versus-player), PVE (player-versus-environment), and other tournament types to win the game as well as token rewards.
The Era7 developers aim to establish a market-oriented approach for the Game of Truth. By combining cutting-edge technology and ground-breaking new gaming innovations, Game of Truth’s target of being a TCG benchmark in the world of GameFi looks poised to take off.
About Era7: Game of Truth
Era7: Game of Truth is a Play-To-Earn NFT-based trading card game (TCG). It offers the perfect combination of traditional gaming and decentralized finance (DeFi) to gamers, bringing an entertaining gaming experience while providing an avenue to earn.
According to Era7 ancient folklore, the seven races on the continent of Truth battle against each other for supremacy all year long, to vie for the title “King of Truth”. The victor from the Game of Truth emerges as the ruler of the continent whereby he and his race then enjoy the highest honors in the land.
Founded by core team members from internationally renowned game developers with over 15 years of valuable experience such as Com2uS, NCsoft, Nexon, and Netmarble, Era7 is backed by heavyweight VCs and blockchain institutions such as Hashkey, MOBOX, Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin, Fund Waterdrip Capital and more.
Blockchain.com, a crypto wallet & exchange platform, announced today an early signup list for its forthcoming NFT marketplace As of now, those interested can signup for first access to the Blockchain.com NFT marketplace.
In a few weeks, the ability to buy, sell, and store NFTs will be integrated into the Blockchain.com Wallet. Furthermore, Blockchain.com also recently launched a new NFT Explorer to discover more about the most popular NFTs on the market.
“Over the last ten years, we’ve helped tens of millions of people access crypto by providing an easy way to buy, sell, swap, store, and earn crypto. We want to make accessing the NFT market as easy as accessing the crypto market. With the Blockchain.com NFT marketplace (in beta), you’ll be able to browse, buy, sell, and securely store NFTs without ever leaving your Blockchain.com Wallet.” – The Blockchain.com Team
Era7’s ‘Game Of Truth’joins GameFi and offers players mildly competitive entertainment that provides an avenue to earn.
Blockchain technology is quickly redefining the gaming industry by introducing an economic incentive model. Presently, the metaverse is an industry estimated to be valued at a USD 300 bn market cap by 2025. As the industry continues to expand, play-to-earn games like Era7 have taken center stage, bringing new and interesting innovations to the gaming sector.
Era7 is a gaming platform built on the Binance Smart Chain (BSC) that blends TCG (trading card gaming) with fast-paced competitive gameplay while incorporating NFT-themed play-to-earn features.
With GameFi and the NFT-powered economy at the heart of Era7’s product offering, the project intends to push innovation even further, allowing players to experience the euphoria of gameplay and benefit from the economic value that GameFi offers.
Meet the Team and High-Profile Industry Backers
Members of the Era7 core team come from well-known international Korean game companies such as Com2uS, NCsoft, Nexon, and Netmarble, all of which have more than 15 years’ history in the traditional mobile and online video gaming industry.
So far Era7 has received strategic investment and backing from renowned VCs, industry heavyweights, and institutions in the blockchain industry, including Hashkey, Huobi Ventures, Okcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu, and Mobox. Era7 backers and partners are strategically aligned with the vision and mission of the gaming platform, bringing industry experience and the valuable connections necessary to position Era7 as a cutting-edge NFT-powered trading card gaming platform.
Game of Truth: The Backstory
Era7’s artistic inspiration comes from TCGs like Hearthstone and Magic: The Gathering.
The Game of Truth plot revolves around seven races on the Continent of Truth who compete for the title of “King of Truth.” Amongst the races are groups of specially gifted individuals who are sent to attend Summoner Academy to undergo rigorous training where they graduate to become Summoners. Upon graduation, they travel the world to make Summoning Pacts with the most powerful amongst the seven races, to establish strong allies in order to consolidate their power.
Since ancient times, throughout the year, battles amongst the Summoners have been held in the heart of the Continent. These Summoning Battles attract Summoners from all over the world who battle for the “King of Truth” title. The winner is crowned King of the Continent, and he and his race are awarded the highest honors in the land.
Elaine, Mother of Light, a Game of Truth NFT Master Card
Game of Truth: The Trading Cards
There are 1,000 exquisitely crafted cards in total — Master Cards for summoning and other functionalities and Battle Cards for combat gameplay. The cards all have unique values and attributes, allowing players to create a wide range of card combination strategies.
The fact that there are so many cards with different attributes allows the game to be random, providing endless possibilities for each battle. The large and well-designed card system is underpinned by a well-developed numerical system that supports innovative gameplay.
There is a rating system which categorizes the cards into 4 ranks — Common, Rare, Epic, and Legendary. The unique Master Cards and Battle Cards, which are also NFT collectibles, can be traded. The Battle Cards serve as the foundation for combat gameplay — before they can begin fighting, players must have at least 30 Battle Cards.
Game of Truth: The Gameplay
The Game of Truth is a three-minute battle game designed to utilize strategic thinking to help players increase their competitive advantage, evolve strategically while they play, dive into the adventure of a lifetime and connect with like-minded gamers worldwide.
The NFT-based trading card gaming platform aims to become the gamer’s choice by offering mildly competitive and fast-paced gaming. Using their Master Cards, players can summon Battle Cards to fight within various categories of competitions, such as PVP (player-versus-player), PVE (player-versus-environment), Daily or Weekly Quests, Real-Time Tournaments and fast-paced Championships. Ranking games and World Cup games, as well as other gaming activities like placing bets are being planned. Players will be able to obtain valuable tokens as well as NFT incentives during the game battles.
Game of Truth: an NFT-powered Play-To-Earn Economy
According to Era7, their first NFT sale is planned for December 20th, 2021, with Master Card and Blind Box containing different card highlights. To get the most up-to-date news and developments on this highly anticipated NFT sale, both players and investors should follow Era7 on Twitter and Telegram.
Using the GameFi model, Game of Truth empowers ordinary game players to reap extraordinary economic benefits. Era7 is built around NFT concepts like play-to-earn gamification, rewarding players for winning battles.
Both the Era token and the GOT token power the Era7 gaming economy. GOT tokens can be earned by participating in PVP and PVE and can also be purchased with Era tokens. Era tokens can also be used to purchase Master Cards, Battle Cards and NFT mystery boxes, as well as other in-game functionalities like purchasing land, or to get more community rights when participating in governance voting. It is also the token which will be tradable on exchanges for other cryptocurrencies.
If a player wins a PVP battle game, he will receive GOT tokens and a PVP rank. A higher rating will also allow players to earn more GOT tokens during battle. Rewards will be paid out on a daily/monthly basis.
With an incentivized gaming economic model, blockchain is redefining what we know to be the conventional gaming model, giving gamers the ability to earn passively while getting entertained.
Also, players will have ownership of their in-game digital items and collectibles which in most cases have a real-world monetary value attached to them, unlike in traditional gaming platforms.
More than half of the one billion Era tokens issued will be utilized for in-game rewards. In-game event incentives, participation in daily PVP and other tournaments, land pledges, and marketplace transactions will be some of the many avenues players will be able to accrue Era tokens.
How Era7 Fits into the Contemporary Global Gaming Ecosystem
The global Collectible Card Game market size is fast-growing at break-neck speeds and is expected to reach US$ 27.2 billion by the end of 2026. Despite this astonishing growth, this is only a fraction of the global gaming market, which currently sits at US$175.8 billion. The fast-growing pace of the Collectible Card Game market increases the growth prospect of TCG-based games like Era7 which brings a more innovative approach by leveraging the power of blockchain to provide Play-to-Earn features to gaming.
Even before incorporating NFTs into its gaming structure, Era7 had established a strong presence in the industry, attracting a huge number of Southeast Asian players and amassing a traditional gaming user base of more than 10 million. With an NFT-powered play2earn economy now added into its gaming structure, Era7 has the potential to outgrow and surpass traditional trading card games.
You can learn more about Era7: Game of Truth from its official Website, follow the project on Twitter and join the conversation on Telegram or Discord.
