Crypto Shuttle News

Tag: NFT

  • Era7: Game of Truth, a Brand New Innovative Play-to-Earn NFT Trading Card Game, hits GameFi | by Bit Media Buzz | Nov, 2021

    Era7: Game of Truth, a Brand New Innovative Play-to-Earn NFT Trading Card Game, hits GameFi | by Bit Media Buzz | Nov, 2021

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    Bit Media Buzz

    Binance Smart Chain (BSC)-based Era7: Game of Truth combines TCG (trading card gaming) with fast-paced competitive gameplay while incorporating NFT-themed play-to-earn concepts.

    Singapore, November 12th, 2021 — Deploying the concepts of GameFi in the exciting combination of DeFi and NFT technologies, upcoming Play-to-Earn trading card game Era7: Game of Truth has successfully closed its first round of fundraising. Investors include some of the most renowned VCs and institutions in blockchain: Hashkey, Huobi, Okcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu and Mobox.

    Era7 will be launched in Q1 of 2022 and is expected to take the global NFT GameFi market by storm. The game has been developed by core team members who hail from well-known international Korean game manufacturers such as Com2uS, NCsoft, Nexon, and Netmarble, companies with more than 15 years of success in the traditional mobile and online video gaming industry.

    Game of Truth is an innovative NFT-based competitive game based on TCG (Trading Card Game) concepts, with its creative essence coming from Hearthstone and Magic The Gathering R&D. Standing on the shoulders of giants, the Era7 team aims to bring innovation even further with the development of its GameFi product.

    Players collect cards to fight and they win when their opponents are defeated. Given that the learning curve is not steep, the game appeals to all kinds of gamers — from your housewife and granny demographic to your technophile gaming gurus. Players from all levels will be able to find their place in the game. Moreover, Era7 incorporates a complete economic incentive system with the first batch of NFT drops slated for release in December 2021.

    Era7 Combines Play-to-Earn & Play-for-Fun!

    According to Newzoo, the overall market of the global gaming industry will reach US$175.8 billion in 2021, the total number of players will reach approximately 3 billion, with esports gamers exceeding 474 million. In 2019, the global Collectible Card Game market size was US$ 9,949.63 million and is expected to reach US$ 27,294.79 million by the end of 2026, with a CAGR of 15.89% during 2020–2026. Aware of the growing gaming market, as early as 2018, Era7 had already successfully developed and perfected its game and to date has amassed a user base of more than 10 million players.

    The development team has included NFT concepts and technology which greatly benefit players. The income aspect and the value of the NFT assets will naturally attract a large pool of users to join. Furthermore, the game does not require prior knowledge of cryptocurrencies. Getting started is easy, and offers what every gamer wants — strategy and fun gaming.

    Standing Out from the GameFi Competition

    There are three ways that Game of Truth differs from other GameFi projects on the market. Firstly, the project’s games are rich in depth and content, providing users with long hours of entertainment. The large and well-designed card system is underpinned by a well-developed numerical system that supports innovative gameplay. The combination of a mildly competitive mode with extensive rich gaming content are not usually available in GameFi.

    Secondly, the low threshold for players to get started and the extent of gaming content helps attract gamers from the traditional gaming space to join, creating a huge market when combined with the blockchain/crypto gamers.

    Lastly, novice or experienced gamers can all have fun and benefit from play2earn — and that is a truth shared by both developers and players in this brave new horizon of GameFi. Both the project and the players work hand in hand to create an ecosystem of gaming that produces value to mutually benefit both parties.

    Top Quality Trading Cards to Fight, Trade or Sell

    Traditional TCG users will resonate with the exquisitely designed and excellent quality of all the Era7 cards. Card combination strategies are distinctive, and the game has established a market-oriented approach since the beginning of its game development. Presently, strategy gaming and play2earn, all while having fun, are its highlights.

    The game contains 1,000 different cards, each having different values ​​and attributes, bringing players a variety of card combination strategies. A lightly competitive 3-minute game can provide gamers with endless imagination and fun, thanks to the unlimited changes in strategy.

    What to Expect in Era7’s Premiere NFT Drop this December!

    Era7’s debut NFT launch is planned for December 2021, with the Master Card and Blind Box containing different card highlights.

    One billion Era tokens will be issued with more than half of which will be used for in-game incentives. Players can obtain Era tokens through the following: in-game event rewards, participation in daily PVP (player versus player) and various tournaments, land pledges and marketplace purchases. The Era tokens held by the player can be exchanged for cryptocurrency that can be traded on exchanges.

    Competitive Gameplay Development, Ecosystem Expansion and UE are underway

    Era7 currently offers strategic gaming that provides competitive elements, with a focus on PVP gameplay. The game is designed to successively open up different types of competitions between players, such as ranked games and World Cup games, as well as other gaming activities such as watching and betting. While attracting traditional esport stars to participate, it will also groom and train new Era7 stars.

    Plans for 2022 to 2028 include building a scalable competitive ecosystem that will encompass a live broadcast platform, esports community, animation series and GameFi IP. In the future, the most advanced UE engine will be deployed, combined with the Era7 platform to launch a competitive product based on the metaverse.

    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 vy 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, Huobi Group, OKcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu and Mobox.

    Era7: Game of Truth Official Links

    Website: https://www.era7.io

    (desktop browser currently recommended, mobile capability in development)

    Twitter: https://twitter.com/Era7_official

    Telegram: https://t.me/Era7_Official

    Discord: https://discord.gg/yUjGpQ35

    Email: contact@era7.io



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  • Gachyi Land, the first Play-to-Earn MMORPG Gacha-Launchpad, premieres its NFT Drop | by Bit Media Buzz | Nov, 2021

    Gachyi Land, the first Play-to-Earn MMORPG Gacha-Launchpad, premieres its NFT Drop | by Bit Media Buzz | Nov, 2021

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    Bit Media Buzz

    Sydney, Australia, November 9th, 2021 — With the blockchain gaming metaverse proving to be more than just a buzzword for gamers, Gachyi Land, the first gacha-launchpad ecosystem gears towards its premiere NFT launch, slated to debut on the 22nd of November 2021.

    This launch opens up the runway for Gachyi Land as they get the ball rolling for a series of other launches on the Gachyi launchpad. Commenting on the significance of this event, the founding partner of Gachyi Land, Harly Zappino has expressed his excitement:

    “Life is too short to slave away on tasks that you despise doing and unfortunately that is how our society is currently structured. The digital world is our future. Let’s make it fun, let’s make it colorful, and let’s provide real-world value to those who want to interact with it!”

    Dubbed the Goo Goo series, the first NFT series dropped on Gachyi Land will feature generative artwork with different traits that include body, eyes, mouth, accessories, background, and clouds, among other features. Certain unusual and rare characteristics may entitle their owners to special privileges.

    The series finds its footing in folklore inspired by the Gachyi Goddess before she became entirely fossilized. According to Gachyi Land Lore, she created the Goo Goos and ensured that all of her wisdom was handed down to guide them through the RPG (role-playing game).

    While the Goo Goo series does not include playable RPG characters, owners will be able to access significant in-game benefits. Slime Tales from Gachyi Land’s second NFT series will implement RPG characters with a Dungeons and Dragons class system that has the ability to breed dual class characters.

    Gachyi Land: Introducing the first NFT gacha-launchpad ecosystem

    Coming up as a first mover, Gachyi Land will be the first gacha-launchpad to issue NFTs (on its website) as a full-fledged utility across its entire ecosystem. Each NFT issued on the Gachyi NFT Launchpad will serve a purpose within the ecosystem. They will either have in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.

    Besides their own designed NFTs, other projects with similar themes to Gachyi Land, such as those with kawaii and mystical creatures type of themes, will be able to participate in its utility-centric ecosystem. Expanding the entire ecosystem, other projects’ NFTs can be integrated into Gachyi Land’s mini-party games or Play-To-Earn MMORPG.

    The NFTs will be deployed on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC. They will be encapsulated and released through interactive Gachapon Machines (a.k.a Gacha-Launchpad). The minting process aims to give the buyers a whole new experience playing with e-Gachapon machines coupled with lo-fi music, great visuals and stunning animation. Each series will feature a maximum of 5 NFTs available on the Launchpad, giving buyers a sneak peak of what could be minted.

    Incubating a disruptive NFT gaming ecosystem to empower artists

    Gachyi Land is on a mission to empower small artists to use Gachyi Land’s resources to unleash their creativity on the world, to give them the exposure and recognition they deserve. Most artists have yet to take advantage of the unlimited opportunities available in the NFT domain while others may have misconceptions about it. To address this challenge, Gachyi is stepping in to provide artists with the platform, community, technology, and tools they need to exhibit their work and explore the potential within the digital landscape.

    “Gachyi Land will be a solution to this and will be a part of a greater movement to fundamentally change the way humanity thinks and interacts with the world. In our virtual world, what defines you are the choices you make and the way you choose to interact. Not labels, not gender, not titles and certainly not the way you look!” states Zappino.

    About Gachyi Land

    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.

    Gachyi Land Official Links

    Website: https://gachyiland.com/

    Twitter: https://twitter.com/GachyiLand

    Telegram: https://t.me/GachyiLand

    Instagram: https://www.instagram.com/gachyi.land/

    Discord: https://discord.gg/pPWAC888kC

    Facebook: https://www.facebook.com/Gachyi-Land-275279670982071



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  • Introducing Monaco Planet, a next-generation SocialFi NFT platform | by Bit Media Buzz | Nov, 2021

    Introducing Monaco Planet, a next-generation SocialFi NFT platform | by Bit Media Buzz | Nov, 2021

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    Bit Media Buzz

    As a rainbow galaxy of nonfungible tokens (NFT) goes supernova across the crypto and blockchain space, GameFi appears to be powering the new unstoppable wave of adoption. But smart players look even further down the road and ask, “what’s next?” and aim to be first to cash in on future opportunities and upside.

    Today, a lot of that smart money, including from branded investors such as Three Arrows Capital, is on SocialFi. As a fusion of social and finance, SocialFi aims to deliver benefits and rewards to users through the financialization and tokenization of social influence.

    Beyond that, SocialFi could be the answer to the question millions of crypto holders around the world are asking: “If we have massive native communities with economic power, interlinking relationships and seamless communication potential, why don’t we have our own social media?”

    Monaco Planet, a next-generation SocialFi platform, aims to be the first to deliver just that with its NFT drop on Nov. 11 and full platform launch on Nov. 28. Having successfully completed its first round of multi-million-dollar financing with Three Arrows Capital and IMO Ventures, the future looks bright on Monaco Planet.

    While the SocialFi space initially kicked off in 2017, it lacked the technology, market environment and user volume to be truly sustainable. But this has all changed now, and Monaco Planet is betting big that the time now is ripe. But why now, and what makes Monaco Planet special?

    When people talk about their “crypto journey,” it is usually full of wonder and discovery as they plow into the philosophy of decentralization and the benefits of disruptive technology. But for crypto noobs, it can be bewildering and even dangerous with scammers and spammers abound. So, how can new adopters be sure they’re getting accurate information and not getting played?

    At the same time, for individuals and project teams who wish to become opinion leaders on their own social accounts, it is hard to attract lots of fans or to stand out in a crowd of thousands of communities.

    A truly native crypto and NFT-dedicated social media platform with a high density of fans has not yet been born. And while there are over 100 million wallet addresses in the world and the number of crypto and NFT enthusiasts keeps growing every day, why isn’t there a dedicated public opinion forum and social media platform for crypto communities? As the sun rises on Monaco Planet, this could all change.

    Monaco Planet attacks the problem of spammers and scammers by requiring login through wallets like MetaMask. As users showcase their NFT collections on their personal profile page, true influencers can be identified by their level of engagement and dedication. Users who publish and show their own activities can follow verified key opinion leaders (KOL) throughout the community. The platform can also rank users by net worth and influence of their NFTs, fostering organic connections between KOLs and users.

    As a SocialFi platform, the ownership and governance of Monaco Planet are determined by the users themselves. By introducing the concept of “write-to-earn,” content creation itself serves as a form of mining. Active content creators and discussion participants on Monaco Planet continuously reap the benefits in the form of the native tokens. The vast majority of native tokens will be distributed to users who generate content, creating a form of mining that is sustainable, inclusive and genuinely productive. Those who want to advertise on the platform can burn tokens to push their posts to the top or broadcast messages to all users.

    And as the number of users grows, from tens of thousands to millions and more, the advertising value and consumption increase in kind. Once consumption of native tokens outpaces their output, real deflation is realized.

    A true SocialFi platform belongs to its users. Holders of native tokens enjoy the currency appreciation brought by the platform’s growing economic activity. And as the vast majority of currency is distributed to users as rewards for content creation, Monaco Planet functions as a true decentralized autonomous organization, governed by all native token holders who can send in proposals and vote.

    In order to seed user growth and cultivation, Monaco Planet is issuing 10,000 Yacht NFTs for the first time at monaconft.io.

    Unlike other avatar-based NFTs, Yacht NFTs are the first NFTs supported by their own native platform. This is the result of the experience and acumen of the entire team, which hails from TikTok, Facebook, Twitter and HSBC’s technical marketing, as well as the in-depth participation of institutions, such as Three Arrow Capital. And as more talent and capital flow into Planet Monaco, the planet expands, growing bigger and stronger.

    As early users of Monaco Planet’s SocialFi platform, NFT holders will be the initial beneficiaries of “content mining.” They will enjoy the first batch of airdrops and act as “mining leads” during the first month of “invitation-only” membership. NFT holders will have exclusive quotas and whitelists for participating in popular projects and the privilege of increased visibility of posts, broadcasting and building groups.

    As an exclusive platform page, Monaco Planet KOL100 will feature the “Genesis” KOLs who participate in the platform founding. Whether they’re NFT KOLs, large crypto holders, crypto and NFT project teams or celebrities new to the space, everyone has a home in Monaco.

    The minting of Monaco Yacht NFTs will be divided into two segments. The first part features specially designed Yacht models for KOL100 with individually unique perks. They’ll be given directly from the whitelist, one-to-one on opening day. And the founding KOLs will be forever recorded on the Monaco Planet KOL100 platform’s Wall of Fame. In the following few days, Yacht NFTs will open for public minting.

    Everyone is welcome to participate in the Monaco KOL 100 project or to actively subscribe to Monaco Yacht NFTs as the first wave of seed users.

    Life is full of challenges, but for the citizens of the Planet Monaco metaverse, life could be a dream with your own private yacht to sail off into the sunset.

    To follow Monaco Planet news and developments, please visit:

    Website: https://monaconft.io

    Twitter: https://twitter.com/MonacoPlanet

    Discord: https://discord.gg/J2m3AXzr



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  • The Associated Press will Release 53 UNIQUE Moment NFT Collections for the Past 100 years on BinanceNFT | by Bit Media Buzz | Oct, 2021

    The Associated Press will Release 53 UNIQUE Moment NFT Collections for the Past 100 years on BinanceNFT | by Bit Media Buzz | Oct, 2021

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    Bit Media Buzz

    New York, NY, Oct 11, 2021 — For 175 years, the Associated Press has provided the world with accurate and fast news reporting of the most important events around the globe. With fearless staff and news bureaus in 250 locations in 100 countries, AP journalists have covered moments of great joy, scientific breakthroughs, achievement, and accomplishment as well as moments of loss, despair and agony.

    AP is dropping a unique, curated collection of its rare, archived news reporting of the most memorable moments in recent world history. To release this unique series of collectibles, AP is collaborating with Metalist Lab and the collection will drop on the Binance NFT marketplace on October 19th, at 12pm UTC.

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  • Loot Project: the first community owned NFT gaming platform

    Loot Project: the first community owned NFT gaming platform

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    Around the Block from Coinbase Ventures sheds light on key trends in crypto. In this edition, Justin Mart and Connor Dempsey explain what Loot Project is and why it’s interesting.

    Pictured below, is a Loot bag: A text file consisting of 8 phrases overlaid on a black background. As it turns out, this text file is also an NFT, “Loot Bag #748,” and it sold for 250 ETH, or about $800,000 at current prices.

    So what can you do with it? Not much… for now, at least.

    Dungeons & degens

    On August 27th, Dom Hoffmann, who notably co-founded Vine, introduced Loot. A project consisting of 8,000 NFTs full of words that depict “randomized adventurer gear.” Closer inspection reveals items that a character might wield in a game like Dungeons & Dragons. A Short Sword, or Divine Robe of the Fox, for instance.

    While we’ve seen a lot of NFT drops over the last few months, two things set Loot apart. First, these NFTs could be claimed for free. The claimee simply had to pay the standard Ethereum gas fee. The other more obvious differentiator: these NFTs are just a bunch of words.

    Despite the glaring lack of chimp or penguin art, once claimed, these plain text NFTs quickly started selling for tens of thousands of dollars. At the time of writing, $230M in Loot has changed hands.

    https://medium.com/media/bcdc0eb3c6f7974f5ec960bf04ffa2a2/href

    Loot NFTs under the hood

    One’s knee-jerk reaction might be to dismiss Loot as just another symptom of speculative NFT fever. Loot does, however, introduce an interesting new NFT primitive. Before we get to what makes it interesting, it helps to understand a bit more about what a Loot NFT is.

    Instead of just being a single provably scarce image, each of the 8 items within a given Loot bag has smart contract readable parameters. On top of that, each of the 8 items has its own rarity within the broader Loot universe.

    Returning to Bag #748, while 6 of the 8 items are deemed “common”, the Short Sword and the Divine Robe of the Fox are decidedly rare. The Short Sword appears only 325 times across 8,000 Loot bags while the Divine Robe of the Fox appears only once.

    Ok, so we have NFTs with Dungeons and Dragon-ey words on them that are smart contract compatible, with some words appearing less frequently than others. So what?

    A community owned gaming platform

    People appear to be excited about Loot not because of what the NFTs are, but what they could be. These NFTs were released into the wild and left to the interpretation of anyone who found them interesting. Anyone can build something using Loot NFTs as a foundation.

    A sound analogy comes from Avichal Garg at Electric Capital, who likens Loot with a 52 deck of cards. Where on its own, a deck of cards is just 52 pieces of paper with pictures on them. With a bit of ingenuity, it’s also the foundation for thousands of games, from Poker, to Hearts, to Crazy 8’s.

    Similarly, Loot and its 8,000 NFTs can serve as the foundation of an entire gaming metaverse. The ideal end state being an entire ecosystem of games where Loot items like the Divine Robe of the Fox serve different functions: think Dungeons & Dragons in the metaverse. Whoever builds something on top of Loot NFTs can determine the function served by a given item.

    By building the foundation of a game, without building a game itself, Loot leaves its fate in the hands of a decentralized community. Whether or not one thinks it will be successful, it’s an intriguing idea to many.

    So what are people building?

    Early Loot experiments

    For one, the image I showed above ranking the rarity of Loot bag #748 comes from an application built by someone named @scotato in the Loot community. By pasting your Loot contract address into 0xinventory.app, NFT owners can see the rarity of their Loot bag (note the ranking system was also devised by the community).

    Another project called Lootmart will allow Loot holders to unbundle their Loot Bag into individual NFTs to swap items with other Loot holders, complete with AI generated images of individual items.

    Similarly, lootcharacter.com was created to generate pixelated characters based on Loot bags. Here’s Bag #748.

    A community member also spun up an ERC-20 token called Adventure Gold ($AGLD) while he was waiting at an airport. Anyone with a Loot bag could claim 10,000 $AGLD. FTX created spot and futures markets for the token and it hit a high of $7.70, meaning Loot holders were essentially gifted tokens worth $77,000 at their peak.

    https://medium.com/media/ece0dcc12fd22f15eecfda930dd0f66e/href

    The idea behind $AGLD is that it can serve as an in game currency woven into a game that gets built some day. But like Loot itself, its value is up for interpretation. This didn’t stop people from incorporating it into other budding Loot projects, including a Loot themed “choose your own adventure” story, where $AGLD holders can vote on the direction of the story.

    In Chapter 1 of, “Holy War Lore”, $AGLD holders were allowed to vote on whether a man wearing a Divine Robe should put on a Demon King’s crown to absorb his powers (they voted that he put on the crown). In Chapter 2, the crown gets the man into trouble and there’s currently a vote on how he should handle the situation.

    These are just a few examples of what the grassroots community of Loot enthusiasts has created so far. The Loot discord reveals wide ranging discussion with distinct channels for builders, artists, writers and a whole lot more.

    Creating value from chaos

    To recap, Loot is interesting because it inverts the typical gaming and community development path. The Loot creator simply built the foundation of a gaming universe and threw it into the wild to see what others would do with it. And so far, it has energized a diverse community, with a host of new Loot projects in development.

    This excitement, coupled with the current NFT bull market sent Loot NFTs soaring, with the cheapest Loot bag trading for $23,000 today. There are however, no guarantees that anything resembling a real game or real utility ever gets built on Loot. Owning a Loot bag is a bet on future utility, which is up to the community to build.

    This is the challenge that Loot faces. Can a decentralized community channel its enthusiasm into creating inherent utility in owning a Loot bag? That utility could come from creating strategy games similar to Axie Infinity where Loot items can be used in combat, artwork and avatars exclusive to Loot owners, or from some other application yet to be cooked up.

    We are just two weeks into the project, so imagination is required today, but the appeal is tangible.

    The cost of entry

    A key question surrounding Loot is “Why would game developers build games that incorporate Loot bags when only a select few can afford them?” Developers build games that appeal to the mass market, but the vast majority of gamers are priced out of owning a Loot bag today.

    The question of incentives lies at the heart of Loot’s future. Are there answers? Yes — a few. First, game developers who build on Loot have the benefit of bootstrapping their game with a core, passionate community of Loot enthusiasts. Second, and more importantly, there may be unique ways to incorporate Loot without pricing out the majority of the market. We can take inspiration from Axie Infinity and Yield Guild Games. When Axie NFTs got too expensive for most players to afford, lending markets emerged that let players borrow the NFTs needed to play in return for a portion of the winnings from Play to Earn games. We could see the emergence of Loot DAOs that devise similar solutions. Synthetic Loot is another solution being explored. Synthetic Loot lets anyone claim a pseudo Loot bag that can’t be sold or transferred but can be used in Loot games, should a developer choose to allow it. This in theory can open the door for more players.

    While many questions remain, we’re in the early stage of a radically new kind of project that’s completely inverted the typical game development model. A self organized grassroots community is now tasked with taking Loot’s foundation and building something real, with all of the tools that crypto, NFTs, and metaverse economies have to offer. The burning questions surrounding Loot’s future make it one of the most captivating experiments in crypto; one that will be fascinating to watch play out over the coming months and years.

    Coinbase news

    • Kate Rouch Joins Coinbase as Chief Marketing Officer
    • Coinbase updates investment policy to increase investments in crypto assets
    • Coinbase secures first crypto license in Germany
    • Coinbase Protocol Team Advances Crypto Community

    Retail

    • ​​Binance.US Hires Ant Group Exec to Succeed Ex-CEO Brian Brooks
    • Robinhood announces new crypto DCA investing feature
    • OpenSea bug destroys $100,000 worth of NFTs, including historical ENS name
    • FTX strikes ambassador, equity deal with NBA star Steph Curry
    • El Salvador launches Chivo wallet as bitcoin becomes legal tender
    • You can now mint NFTs on crypto exchange FTX
    • Twitter testing the ability to display Bitcoin and Ethereum addresses on profiles

    Institutional

    • FTX.US acquires crypto derivatives exchange LedgerX
    • Mastercard acquires CipherTrace to boost crypto security and compliance
    • Former CFTC Commissioner, Brian Quintenz joins a16z Crypto’s advisory team
    • Panama lawmaker introduces proposed crypto regulation law
    • Bitso Is Providing the ‘Core Service’ for El Salvador’s Chivo Bitcoin Wallet
    • Australia, Malaysia, Singapore and South Africa will test cross-border CBDCs
    • SEC Sets November Deadline for Final Decision on VanEck Bitcoin ETF

    Ecosystem

    • Ethereum scaling solution Arbitrum launches mainnet and raises $120 million in new funding
    • DeFi trading platform dYdX opens access to its governance token
    • Liquid staking protocol Lido now supports Solana’s SOL token
    • Eden, priority transaction network for Ethereum, raises $17.4 million in token sale
    • SubQuery, indexing protocol for Polkadot ecosystem, raises $9 million in SAFT sale
    • SEC is investigating decentralized crypto exchange developer Uniswap Labs: Report

    Tweets

    This website does not disclose material nonpublic information pertaining to Coinbase or Coinbase Venture’s portfolio companies.

    Disclaimer: This material is the property of Coinbase, Inc., its parent and affiliates (“Coinbase”). The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Coinbase or its employees and summarizes information and articles with respect to cryptocurrencies or related topics that the author believes may be of interest. This material is for informational purposes only, and is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations or (iii) an official statement of Coinbase. No representation or warranty is made, expressed or implied, with respect to the accuracy or completeness of the information or to the future performance of any digital asset, financial instrument or other market or economic measure. The information is believed to be current as of the date indicated on the materials. Recipients should consult their advisors before making any investment decision. Coinbase may have financial interests in, or relationships with, some of the entities and/or publications discussed or otherwise referenced in the materials. Certain links that may be provided in the materials are provided for convenience and do not imply Coinbase’s endorsement, or approval of any third-party websites or their content. Coinbase, Inc. is not registered or licensed in any capacity with the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission.

    Loot Project: the first community owned NFT gaming platform was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.



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  • Bitkub Group Partners Miss Universe Thailand 2021, Bringing NFT and Crypto trends to Beauty Pageants | by Bit Media Buzz | Sep, 2021

    Bitkub Group Partners Miss Universe Thailand 2021, Bringing NFT and Crypto trends to Beauty Pageants | by Bit Media Buzz | Sep, 2021

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    Bit Media Buzz

    Singapore, Sep 10, 2021 — Bitkub Capital Group Holdings, a leading Thai blockchain & cryptocurrency company has officially partnered with Miss Universe Thailand 2021 as the world’s first blockchain & cryptocurrency firm to bring NFT and Digital Asset solutions, as well as other cryptocurrency trends to beauty pageants.



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  • How Another NFT Trend, .eth Names, Has Attracted the Likes of Budweiser

    How Another NFT Trend, .eth Names, Has Attracted the Likes of Budweiser

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    by Laura Shin

    Nick Johnson, lead developer at the Ethereum Name Service (ENS), talks about making Ethereum human-readable, why Budweiser purchased an NFT, how purchasing an ENS works, and more. Show highlights:

    • what ENS does and why it is important
    • why Budweiser bought “beer.eth”
    • how ENS names can be used to make Ethereum easier to use
    • what business use cases ENS names make possible
    • what made Nick want to create a naming service on Ethereum
    • how people are using their ENS names
    • why people are purchasing ENS names
    • what privacy issues arise from people attaching their name to an ETH address
    • what happens when Ethereum addresses get spammed with unwanted tokens
    • how to buy an ENS name and how much it costs
    • how ENS handles squatters
    • what happens when you lose access to an address holding an ENS name
    • how ENS is integrating normal domains (ex: “.com”) to Ethereum
    • what ENS has planned for L2 launches

    Thank you to our sponsors!

    Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 

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    Episode Links: 

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  • How Much Is Your Love Worth? Polish Influencer Sells “Love” As NFT

    How Much Is Your Love Worth? Polish Influencer Sells “Love” As NFT

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    NFTs are becoming the next big thing in the crypto market as more investors get on board with projects surrounding them. Non-fungible tokens like the “Stoner Cats” NFTs was released with huge success in their communities. Non-fungible tokens which mostly revolved around art when they were first released has now expanded into a wider domain.

    Increasing support for NFTs has shone through with e-commerce giant Shopify adding merchant support for non-fungible tokens. And most recently, Coca-Cola partnering up with Tafi to launch its very first collection of non-fungible tokens. The non-fungible tokens include files like images, audio, and video.

    Related Reading | Are NFTs Dead? New Game Changing Trends

    Now comes one of the most interesting uses of none-fungible tokens so far and that is 26-year-old Polish influencer Marta Rentel announcing she has sold her love online as an NFT. The NFT sold for $250,000 and the lucky buyer gets to go on a date with the influencer.

    Selling “Digital Love”

    Talking about the sale, Rental explained that she wasn’t selling her physical love. But was rather selling the love of her online persona. “Nothing on the Internet is physical,” Rental said. “It’s part of my online persona.”

    The 26-year-old Polish influencer boasts over 600,000 followers on Instagram and goes by the name of Marti Renti online. The influencer explained that she wanted to be the first person in the world to tokenize emotions.

    Related Reading | TABOO Set to Launch First-Ever NFT Collectibles for Supermodels

    This remains a novel idea, as one would scratch their head trying to figure out exactly how they would tokenize emotions. But Rentel believes that love can be separated into physical love, platonic love, and most importantly, digital love. With each one being just as real as the other.

    Rentel confirmed the sale of the NFT but added that she did not know who had bought it either. The identity of the buyer seems will remain unknown until the date with the influencer.

    NFTs As A Store Of Value

    NFTs are gaining more support given what they represent. With this, people can show that they undisputedly own a piece of artwork or anything else being sold as a non-fungible token. Information about the work and the owner is written directly to the blockchain where everyone can see who the owner of the piece is.

    This has been especially popular amongst artists as this provides them a way to directly sell their art. And also helps to combat people using their work without properly paying or licensing it.

    Related Reading | Banksy’s Infamous ‘Spike’ Artwork Becomes an NFT

    The information on the blockchain is impossible to edit or remove. So every and all record regarding a sale is put on the blockchain, which basically acts as a digital ledger for the sale.

    Marta Rentel does not stop at selling her “love” as an NFT. The influencer plans to continue to sell her Instagram photos and YouTube videos as non-fungible tokens.

    Featured image from Kindpng

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  • Animoca Brands and Brinc setup new NFT accelerator: Launchpad Luna

    Animoca Brands and Brinc setup new NFT accelerator: Launchpad Luna

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    Animoca Brands, a provider of digital entertainment, blockchain, and gamification technologies, along with venture accelerator Brinc, today announced the launch of Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT) startups.

    Launchpad Luna will also accept high-potential startups seeking to adopt blockchain and NFTs into their core business. The Launchpad Luna accelerator will identify and foster NFT innovation in the fields of culture, art, entertainment, media, gaming, streaming, collectibles, insurance, finance, and data management; DeFi and additional verticals will be added in the future.

    High-potential early-stage projects and startups that are accepted into the acceleration program will receive training, a launchpad, and a monetary investment of up to USD $500,000 (or equivalent) in exchange for equity and tokens.

    The Program

    Admission to the program will be prioritized for climate-conscious projects that drive digitalization that place emphasis on proof-of-stake protocols and sidechains instead of proof-of-work, and that have lower overall physical footprints. Accepted entrants will receive training in optimizing a blockchain business to minimize energy use and carbon emissions. This is in line with Brinc’s plan to invest and support the development of more than 1,000 climate-conscious startups in the next five years.

    Startups accepted into the Launchpad Luna program will benefit from a unique combination of technical resources on product development, token design, fundraising, marketing, research, analytics support, and data management. Startups will also receive support to help them scale all aspects of their businesses; including access to world-class mentors in the crypto world along with key exchanges, chains, marketers, and investors within the networks of Animoca Brands and Brinc.

    “Launchpad Luna is an initiative that furthers our mission to enable a more inclusive digital economy and we are honored at the level of enthusiasm and support we have received from the global NFT community. We are thrilled to be doing this with Brinc, the number one accelerator in the region. Brinc’s presence and network significantly increase our pathways into Europe, the Middle East, and China. And we look forward to establishing a new ecosystem of accelerators and startups at the epicenter of regional start-up activity that will allow us to contribute to the shape of the future.”
    – Yat Siu, Co-Founder & Chairman of Animoca Brands

    Background

    In early 2021, Brinc took over management of the investments into 50 AI-focused companies from Zeroth.ai; Animoca Brands’ accelerator for artificial intelligence startups. This collaboration laid the foundation for the new accelerator program; as both organizations recognized a broader opportunity to scale value creation by leveraging each other’s expertise.

    Brinc and Animoca Brands bring together leading experts in their respective fields. Brinc has made over 160 investments and is one of the world’s leading venture accelerators. Animoca Brands has invested in more than 60 businesses that are built around the use and/or trade of NFTs and has launched various blockchain projects including The Sandbox metaverse and the REVV Motorsport token and platform.

    “As we bring Launchpad Luna to market, we could not think of a better partner than Animoca Brands; which has proven successes with projects like REVV Motorsport and The Sandbox. Given the rapid evolution of this market; startups need a support system to navigate the shifting landscape of platforms, chains, and go-to-market strategies. While investors need confidence that the projects they are backing have solid foundations and are ready for growth and scale.”
    – Manav Gupta, Founder & CEO of Brinc

    The accelerator has support from various mentors and partners with an interest in the NFT space including AppWorks, Blockparty, Dapper Labs (the company behind CryptoKitties, NBA Top Shot, and Flow Blockchain), EllioTrades, Featured by Binance, Gabby Dizon (co-founder of Yield Guild Games), Harmony (ONE), Hedera Hashgraph (HBAR), Mai Fujimoto (Miss Bitcoin), Mateen Soudagar (DCLBlogger), Metakovan (Metapurse), Mindfund, Sebastien Borget (co-founder of The Sandbox and chairman of the Blockchain Gamer Alliance), Virtually Human Studio (creators of ZED RUN), WhaleShark, and others.

    For those interested, Launchpad Luna is now accepting applications.

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  • $8m USD in NFT Sales, $38k price for an NFT?! What are Wicked Cranium NFTs?

    $8m USD in NFT Sales, $38k price for an NFT?! What are Wicked Cranium NFTs?

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    According to data from NFT market analyst NonFungible, NFT sales have nearly tripled in value since Q3 2021, rising from a 7-day average of $16.8 million worth of sales, to just over $44.3 million.

    The astronomical figure follows a surge in activity in the space that saw sales peak at $176 million per day earlier this year. World-renowned auction houses, Sotheby’s and Christie’s got in on the action, with the latter hosting the now-infamous Beeple Collection sale, raising a record $69 million.

    Several of the largest players in the NFT space, including Cryptopunks and Bored Ape Yacht Club, continue to see spectacular sales, with Cryptopunks alone selling just under $15 million worth of NFTs on average over the past 7 days. Despite the market saturation, a new kid on the NFT block, Wicked Craniums is storming into the market, curating a dedicated fanbase. But what are Wicked Craniums and why are they so popular?

    Wicked Craniums: The New Kid on the Block

    Wicked Craniums are an NFT art collection hosted on OpenSea. Each piece is a skeleton-themed caricature that represents one of 10,762 “Craniums” belonging to a fictional island called Osseous. There are over 180 differentiable features that make each Cranium unique and highly collectible.

    A Cranium:

    Priced at 0.06 ETH (~$113.70 at current market rates), each Cranium affords its owners several features, including access to a members-only social platform called The Cradle, in which Craniums can share introductions, social media handles, and images. There are also a number of members-only projects that kick off as more Craniums are sold and each owner also has full commercial and use rights for each Cranium.

    NFTs Roar, Wicked Cranium Sales Soar

    The unique theme and combination of features has transformed Wicked Craniums into one of the best-performing NFT projects. Despite being capped at 645.72 ETH, within 48 hours of their release, all Craniums had sold out, and been re-sold, raising 4,311 ETH (~$8.2 million).

    The most expensive Cranium sold, inconspicuously named Wicked Cranium #1875, raised $38,000 (19 ETH) alone, and is now being re-sold on NFT marketplace, OpenSea, for almost $200,000 (100 ETH). The Cranium itself is unique in its character, depicting a yellow-eyed, green skeleton whose joints are weakly held together. Atop its head sits a crown reminiscent of that worn by The Queen at Britain’s State Opening of Parliament.

    Many more similarly extravagant Craniums are for sale on OpenSea, including an even more regal skeleton (Wicked Cranium #3622) and a skeleton depicting a member of the clergy crossed with a love-struck sailor. (Wicked Cranium #2664).

    Watch This Space

    These high resale prices suggest that Wicked Craniums has created something that is undoubtedly desired by a vast quantity of NFT collectors.  The attraction has even reached into the celebrity realm, with lead singer of heavy metal group Avenged Sevenfold, M Shadows, trading his signature “The Dark Knight” guitar for a Cranium named Synyster Gates.

    Synyster Gates:

    These milestones suggest a great future for the franchise and inevitably more record-breaking sales. For now, Wicked Cranium owners can be confident in their art collectibles as digital art based NFTs become more widely adopted by the overall online community.

    Join the Wicked Cranium community on Discord and in The Cradle, and follow updates on the latest Craniums on their Website, Twitter and Instagram.

     



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