Home Blog Page 493

Entering The Sandbox: Celebrities, Creators, Brands Join In The Metaverse

By
Christian Allen Tandoc
-
0
maxresdefault-2021-11-06t120726-027

Over the course of 2021, the blockchain gaming ecosystem experienced tremendous growth as nonfungible tokens (NFT). The play-to-earn gaming model helped offer new earning options for people worldwide while also attracting a new generation of new-generation cryptocurrency users.

The Sandbox, a blockchain-based virtual world where players create, build, purchase, and sell digital assets in the form of a game, is one initiative involved in gaming and the creation of the metaverse.

After hitting a low of $0.70 on Oct. 27, the price of The Sandbox’s native token, SAND, has soared 393 percent higher to a new all-time high of $3.45 on Nov. 3, with a 24-hour trading volume of $9 billion, according to data from Cointelegraph Markets Pro and TradingView.

a374bf63-2019-4c64-b38a-d74f793d2756-9692301

The successful completion of a $93 million funding round, the project’s expanding ecosystem that continues to onboard new partners, and the project’s supportive environment that allows creators to engage with their communities while also receiving the lion’s share of revenue generated by their efforts are three reasons for the sudden price spike of SAND.

SAND Raises Millions

The Sandbox announced on Nov. 2 that the project had closed a $93 million Series B investment round spearheaded by the SoftBank Vision Fund 2.

The money will be utilized to help scale the ecosystem’s growth strategy, operations, and player acquisition, according to the team behind The Sandbox, “while sending a clear signal that the world’s most innovative fund believes in Web3 and decentralization as the next major trend.”

These plans include the addition of new games, live events, and social experiences that stimulate community involvement while also providing a profit-generating environment for creators, companies, and intellectual assets.

Ecosystem Partners Growing Fast

The protocol’s expanding network of big-name partners who have purchased digital estate inside The Sandbox is a second cause for SAND’s spectacular price action.

Quan, a popular Japanese messenger and sticker character collection, was just added to The Sandbox ecosystem. Quan will auction off more than 300 LAND pieces, including 100 premium parcels bundled with NFTs, as part of its entry into the ecosystem.

The Sandbox ecosystem’s addition of well-known brands should assist in broadening the community’s appeal and drawing new people to the field of blockchain gaming.

Amazing Creator Incentives

The substantial creator incentives granted to developers and artists who work within the ecosystem are another cause for The Sandbox’s success.

The Sandbox pays creators 95 percent of the cash generated by the things they sell on the platform, and 50 percent of all SAND revenue streams are returned into the Sandbox Foundation, demonstrating the project’s dedication on helping creators expand their businesses.

The foundation’s treasury, which totals over $100 million, is used to award awards to artists, producers, and players. Prior to the latest price spike, VORTECSTM data from Cointelegraph Markets Pro began to detect a favorable prognosis for SAND on Oct. 28.

The VORTECSTM Score is an algorithmic assessment of historical and present market circumstances drawn from a variety of data sources, including market mood, trading volume, recent price changes, and Twitter activity, and is exclusive to Cointelegraph.

d75edad8-f185-453f-b736-4737be3da608-4077886

The VORTECSTM Score for SAND soared into the green zone on Oct. 27 and reached a high of 74 on Oct. 28, just 32 hours before the price began to rise 229 percent over the next four days, as shown in the chart above.

Axie Infinity Now A Very Popular NFT Game In Developing Countries

By
Christian Allen Tandoc
-
0
maxresdefault-2021-11-06t111032-135

It’s no secret that video-game streaming sites like Twitch have allowed users to make money by broadcasting their gaming experiences to a large audience of gamers. But now, thanks to the tokenomics of blockchain-powered digital games like Axie Infinity, gamers may earn money simply by playing the game. Axie Infinity had over 360,000 concurrent players at the time of release.

While the United States is third in terms of active Axie Infinity players, according to ActivePlayer.io, all of the other countries on the list are developing nations. In the Philippines alone, an estimated 40% of gamers are based. According to Twitter user Saharan-sub, Axie Infinity gamers in Ghana can earn between 854 and 2,562 Ghanaian cedis ($140 and $420) per month, which is significantly more than the country’s minimum salary.

https://twitter.com/godwin_france/status/1455873218175242243?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1455873218175242243%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fmonster-battle-nft-game-axie-infinity-soars-in-popularity-among-developing-nations

Sky Mavis, a Vietnamese video game developer, created Axie Infinity in 2018. The game features “Axies,” which players may acquire and use to fight other players and foes. Each Axie is a nonfungible token (NFT) that was created on the Ethereum network.

Buying and selling Axies on the market is a popular way to make money. Axies exist in a variety of rarity categories, each with its own set of strengths and abilities. The majority of Axies have poor statistics, but a handful stands out thanks to trial-and-error breeding. These are the most in-demand. Each Axie can only be bred a certain amount of times for population management, resulting in scarcity.

The Smooth Love Potion (SLP), the Axie Infinity Shard (AXS), and Ethereum (ETH), which is utilized for gas fees, are the three digital currencies required for breeding Axies. The requirements for breeding a rare top-tier Axie, according to Chill Axie, are 10,200 SLPs ($683.90), 1 AXS ($137.81), and 0.1813 ETH ($823.30), for a total cost of $1,645.01.

https://twitter.com/AxieInfinity/status/1324744815146315776?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1324744815146315776%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fmonster-battle-nft-game-axie-infinity-soars-in-popularity-among-developing-nations

According to marketplace data, nearly 2 million Axies have been bought and traded in the last few months, totaling 140,956.7 ETH ($639.5 million). The previous year’s record for the most expensive Axie ever sold was 300 ETH, which is today worth $1.375 million.

However, earning money isn’t restricted to purchasing and selling Axies. Users can earn SLPs by completing daily objectives, battling monsters, and defeating other gamers in arenas. The coins can then be sold on a cryptocurrency exchange. Leaked recordings from July showed huge farms dedicated to gathering SLPs on Axie Infinity using smartphones and other electronic equipment. Some gamers have taken to the streets to protest the farms, calling them an abuse of the game’s play-to-earn principle.

Microsoft Powers Into The Metaverse With  Xbox and Teams Updates

By
Christian Allen Tandoc
-
0
maxresdefault-2021-11-06t100140-765

Microsoft is dipping its toes into the Metaverse with improvements to its Teams and Xbox gaming console services, as well as a new product called “Dynamics 365 Connected Spaces.”

During the Microsoft Ignite conference on Tuesday, Microsoft CEO Satya Nadella outlined the company’s metaverse plans for Teams and Spaces.

“We can embed computer into the real world and the real world into computation thanks to the Metaverse. Adding physical presence to any digital environment. What matters most is that we can bring our humanity with us and select how we want to interact with the world,” Nadella added.

The “Mesh” version for Microsoft Teams will enable users with individualized digital avatars and immersive venues to connect in the metaverse “that can be accessed from any device, with no special equipment required” when it launches in 2022.

Organizations will be able to create unique places to accommodate settings such as meetings or “social mixers” later in Mesh’s development.

The first preview of Microsoft’s Dynamics 365 Connected Spaces solution is scheduled for December 2021, and it will allow enterprises to mix Metaverse with artificial intelligence (AI) technology. In a “hybrid work environment,” Spaces may be used to harness observational data from cameras from “the retail store to the production floor,” according to the company.

In a Tuesday blog post, Vishal Sood, general manager of Connected Spaces, said, “With the power of your existing cameras, harness computer vision and observational data to help complete the picture—giving a new perspective into people, places, and things.”

images-2021-11-03t081136-110-6293889

Nadella also claimed that Microsoft’s video game company, Xbox, will “definitely” work on integrating the Metaverse into its gaming lines during an interview with Bloomberg TV on Wednesday. However, the CEO kept his cards close to his chest when it came to the gaming sector, as he didn’t provide any solid details.

“You can absolutely expect us to do things in gaming,” Nadella stated, adding, “You can absolutely expect us to do things in gaming.”

“Halo is a Metaverse if you look at it as a game.” Flight Sim, like Minecraft, is a Metaverse. They’re 2D now in certain ways, and the question is whether you can now take it to a fully 3D environment, which we absolutely want to accomplish.”

Microsoft isn’t the only prominent corporation to announce metaverse aspirations this week; earlier on Wednesday, Cointelegraph reported that Nike has filed trademark applications for its iconic emblem and slogan for usage in “online virtual worlds.” The company has also recently announced two job openings for virtual material designers.

The newcomers will “play a significant part in changing our digital environment, ushering us into the Metaverse,” according to Nike.

0369-9504642

Facebook, the world’s most popular social networking platform, has rebranded as Meta and is trying to provide a platform for artists to build virtual online companies, connect online experiences with the physical world, and launch its virtual reality hardware company, Reality Labs.

On Friday, Reddit co-founder Alexis Ohanian discussed Facebook’s plans in an interview with CNBC’s Squawk Box, calling it a “masterstroke in diversion and distraction” from the company’s difficulties.

While Ohanian stated that Meta should not be “underestimated,” he also stated that there is enough organic movement from the crypto industry to establish an open metaverse rather than one dominated by Facebook:

“Right now, there’s a grassroots effort to build the metaverse. We’ve seen what’s going on in the crypto world… We’re seeing a lot of people creating what I believe will become a much more organic society, rather than one forced from the top down by Facebook.”

Most Enjoyable Options in iGaming 2021

By
PVP Team
-
0
word-image-336

Even though the gaming houses have existed around the 17th century, the online gaming industry growth is fairly recent. Recognized as iGaming, this form of entertaining activity through the internet has continued to progress and added to technology advancement, this practice has become increasingly complex with more exciting features. The technology emergence has impacted this area enhancing the iGaming industry’s reputation. Several options have been developed to enable the players to enjoy the best gaming mood as well as help them to collect some winnings. Here are the most appreciated options in iGaming 2021 that the players should consider.

Sports Betting

Sports betting has entertained people for centuries and has continued to seduce punters mainly with the appearance of its online version. Bookies enable the bettors to bet in the street, online, and on their mobile devices in which popular sports include Football, Tennis, Horse Racing, and more. With this wagering activity, the players are required to wager on any sports competitions by choosing the winners and if their prediction is correct, they can earn a big payout. Different types of betting can be chosen and the luckiest can win the higher prizes whereas some can experience serious financial ruins. Some sorts of sports betting like moneylines, point spreads, and totals center on the short term whereas others including futures are long-term betting odds.

Casino

The casino has also become an integral part of our lives for centuries and has continued to climb its popularity mainly since the internet development. Although the growth of the biggest land-based casinos in several countries the online version is winning the heart of players across the world. The competition among the online casino operators is fierce from which the operators provide more enhanced services and games portfolio. Supplied by the leading software developers, the wide range of games guarantees the best online casino experience. The slot is considered the king in online casinos that has become more seductive thanks to its impressive graphics and features. However, the reputation of other games like table and arcade games has been also amazingly boosted.

Lottery

The lottery is the national entertaining activity for some countries and winning the bulk of the money in this practice is evidently a blessing. In fact, the majority of the countries around the world have their own national lottery which is usually run by the government. As people hope to become millionaires in an easy way and exciting mood, it is not surprising when this well-known feature in iGaming has remained attractive. Online lottery has gained popularity over the past decade enabling people to try their luck from the comfort of their own homes. The players can buy lottery tickets lotto draws through the online lottery websites and can play instant games that can provide huge amounts of money.

Bingo

Considered as one of the most appreciated games in the iGaming sector, Bingo has become a phenomenon among the players. This social game was appeared in the mid-1500s and has entertained people since its creation. With the proliferation of the online version, the best online gaming sites have also grown and they provide more seductive games. The expansion of the online bingo games leads the developers to release more enhanced games that are bundled with high-quality graphics and more interesting themes. As these games of pure chance are enjoyed for ensuring thrilling and loads of fun, the online audience can choose among the wide array of bingo variants that guarantee the best moment ever.

Slingo

Slingo is a recent game compared to other casino games as it was created by Sal Falciglia, a New Jersey real estate developer in 1994. Slingo is taken from the two popular games, slot and bingo. Those who want to experience the unique online gaming mood are advised to test Slingo games with bingo. As this arcade game is a combination of two exciting games, the players will have to fill a 5×5 and need to spin the reels below the grid. When a number matches one in the card, they get marked. The online Slingo games have become more exciting with more extra icons added to the reels. More winnings instantly and bonuses can also increase their chance of winning.

Slots

Slot games have been around since the mid-1880s and have remained omnipresent in both physical and internet casinos. The reason to make slots the top one in the iGaming industry is its simplicity that can provide more enjoyment and huge gains. In the online casino, the well-reputed names offer a large selection of top slot games supplied by the leading software providers. Some of the slots have stayed iconic despite the release of modern versions. When the slot game is mentioned, the first thing that comes to mind is the classic and timeless variant. Nevertheless, the modern version designed with 3D graphics and appealing themes has also invaded the top-notch online casinos.

Conclusion

When people previously used to watch movies or hang out with their loved ones, their lifestyle has shown a considerable change mainly with the online gaming industry rise. The boom in popularity of this kind of hobby is not a surprise because people prefer staying home to amuse themselves rather going out. Several factors push the proliferation of the iGaming area but the most significant options include sports betting, casino, lottery, bingo, Slingo, and slots.

How to Download Puffin Browser on PC

By
PVP Team
-
0
https://lh4.googleusercontent.com/iQAacKfmGJKSQhFP-dhT3rulp7UliCfwoIonnolGNWu0tSMsIkc7G_QnZMDXubIaadu4nPxdCcKw5ML_nmBoZiH7Su7eBmXnOCGsa1Ay4V6SShv3JAfez-3n6CueFLeZnlXXprEs

At times, the default browser that comes with the standard OS is often not up to par and an after-market browser is an answer for many people. But with hundreds of browsers out there on the market, users have found their sweet spot in the shape of the Puffin Browser. In case you aren’t familiar, Puffin Browser is one of the widely used browsers around the world and also one of the fastest.

Till now, over 150 million users have downloaded and been regularly using the Puffin browser for their daily needs and they seem to be quite pleased with the performance and the feature set that Puffin Browser has to offer. With options for acquiring more add-ons to installing the plug-ins you desire, everything is available with Puffin Browser.

One of the most promising features of Puffin Browser is its ‘Trackpad’ function that allows you to easily navigate the browser without making any unnecessary clicks. Unlike other browsers where a slight touch of hand could send you down the wrong links, the Trackpad feature of Puffin Browser allows you to easily navigate and saves you a ton of headaches.

How to Download Puffin Browser on PC

The sophisticated features of Puffin Browser make it appealing to audiences from all over the world and although it is naturally available for Android and iOS devices, users that crave a user-friendly experience that Puffin Browser has to offer on PC, however, must take an extra few steps to run Puffin Browser on their PC.

Luckily, PC users can install Android Emulators to run Android apps on their PC, and likewise, to run Puffin Browser on PC, users will have to download and install an Android Emulator. Currently, there are more than a handful of Android Emulators available on PC but, out of all of them, BlueStacks is one of the most regarded and one of the best Android Emulators that you can come across.

Using BlueStacks, PC users will get access to Android OS and from there; they can easily download Puffin Browser. To get started, firstly download and install BlueStacks from their official website and set it up using your Gmail ID. Setting up BlueStacks is quite similar to setting up a new Android phone and once you’re done, you can go ahead and download Puffin Browser to run on your PC.

Those who were wondering how to download Puffin browser on Windows will now be easily able to download Puffin Browser and get exclusive features that this browser has to offer.

How To Install Puffin Browser on PC (Windows 10/8/7 and Mac OS) - Windows 10 Free Apps | Windows 10 Free Apps

Can you install Grammarly extensions in Puffin Browser?

For someone who makes a lot of grammatical mistakes, Grammarly is a life-saver extension that they wouldn’t want to be without. And its extensions for various browsers have made it easy to use but unfortunately, Grammarly does not support Puffin Browser for the time being but in the near future, we could hear more from the developers.

Furthermore, all the chrome extensions that you usually only get on Google Chrome aren’t available for Puffin Browser either but, its add-on feature allows you to get access to a wide spectrum of capabilities that you cannot find elsewhere.

Is Puffin Browser Safe?

Privacy is one of the biggest concerns that a person has while they’re surfing the internet and enjoying those celebrity-fail videos. And if a browser isn’t safe enough to offer you the privacy that you deserve, there’s no point in using it. However, Puffin Browser goes to great lengths to offer an encrypted surfing experience, straying away from all sorts of peeking-toms that may want to use your information for all the wrong reasons.

Conclusion

For a safe and secure browsing experience, Puffin Browser is highly recommended and because it also offers cloud storage services under subscription-based plans, users can also store data in the cloud and also get access to tons of useful tools as well. Looking for a fast browser that won’t keep popping up annoying pop-up ads? Puffin Browser is the answer.

Dogecoin, Shiba Inu, EverGrow: Crypto Market Worth More Than The Worlds 12 Biggest Banks

By
PVP Team
-
0
word-image-333

DogeCoin, Shiba Inu, EverGrow, Solana, HUH Token, and a plethora of other cryptocurrencies on the market have seen the market value of crypto skyrocket. The market value of crypto is now of a higher value than that of the world’s top twelve banks confirmed. All times highs from Shiba Inu, DogeCoin, Solana, Ethereum, and other altcoins have seen the combined market cap reach $2.75 trillion. An all-time market high for crypto. A figure which narrowly dwarfs the market total of the world’s twelve biggest banks combined which totals just under $2.7 trillion.

Interest in crypto has never been higher. The market value of crypto and the formation of new cryptocurrencies is forever growing. Towards the end of October, Shiba Inu experienced a major spike in its fortunes seeing its market value climb over $40 billion in the space of only five days. This too was an all-time high for Shiba Inu, seeing their value reach $51.4 billion. DogeCoin, between April 2021 and May 2021, saw numbers climb from a respectable $9.64 billion to $88.68 billion. An incredible gain of $79.04 billion. It’s not just the bigger currencies that have helped this incredible achievement. The smaller and new altcoins on the market, those readily available or those set for release such as HUH token, have played a big part too. Cryptocurrencies such as EverGrow, which have garnered interest from all over with their 24hr-trading volume reaching the $22 million mark over, have helped drive the market value up.

Source: The Independent

The strong growth in altcoins and the resurgence of Bitcoin have had a major impact on the rise of crypto. A feat the world’s oldest banking system doesn’t look too kindly on. There was once a time before 2018, where held Bitcoin comfortably held over 75% of the coin market. According to data, Bitcoin now only accounts for around 40%. That shows a major shift in the global mindset towards cryptocurrency. Bitcoin too upon its initial conception was considered little more than a joke by the general public, but now in 2021, all cryptocurrencies are viewed in a completely different light. The value of crypto is soaring and the banks are struggling to keep up.

To put things into perspective, on the CompaniesMarketCap the world’s biggest bank JPMorgan Chase has a market cap of $503 billion whilst Etherum the second biggest crypto on CoinMarketCap has a market value of $539 billion. That’s almost a difference of $40 billion. Such is the growing strength of cryptocurrency, the twelfth richest bank in the world, Australia’s commonwealth bank has now announced that they will soon open a platform that will allow customers to trade cryptocurrencies via a mobile banking app.

Source: The Independent

HUH Token, on Thursday, announced that December 6th, 2021 would be their launch date for their cryptocurrency for the public to purchase. For a little while now, HUH Token has been building up steam behind their project and slowly releasing more and more information about their new cryptocurrency. HUH, Token is a revolutionary crypto that is the first of its kind, it allows its users to earn crypto through two streams of revenue. HUH Token & BNB. HUH, Token is also unique with its referral system which allows its users to earn 10% BNB.

On December 6th HUH Token will be available via the open market and HUH Token is hoping that their supporters and investors, which is rumored to be somewhere in the thousands, put them in a strong position to quickly climb the market. The sounds coming out of their camp and the chatter floating around the world wide web all seem to suggest that they are ones to keep a keen eye on. Only recently they encountered a slight hiccup, due to an overload on their systems from a vast number of sign-ups. A minor issue that was quickly resolved. The HUH Token cryptocurrency will be available on multiple chains. Initially, Binance Smartchain and Ethereum to start with. It’s only a matter of weeks before the crypto is launched and only time will tell if they too help the value of crypto rise further.

Loopring surges over 240%, Solano climbs to 5th, and HUH Token set to announce launch

By
PVP Team
-
0
word-image-331

Rising costs on Ethereum appear to be driving investors to coins associated with faster and cheaper transactions, leading to a surge in Looper and Solano. Meanwhile, HUH Token has announced that it will launch on PancakeSwap and UniSwap on the 6th of December.

It has been another interesting week for the crypto market with serious roadblocks starting to immerge for Ethereum, with the world’s largest smart-contract blockchain seeing rising costs. The average fee on Ethereum has risen by over 2000% since late June and has more than doubled in the past two weeks, with an average mean transaction fee of $52, according to Glassnode.

As a result, crypto users have looked for cheaper layer 2 products like Looper and Salono, which provide faster and cheaper transactions. Looper has surged over 240% over the past 7 days, according to CoinMarketCap, however, as the chart below shows, some resistance has been reached at the $1.60 and $1.40 mark, with a support level developing at around $1.20.

In the past 24 hours, programmable blockchain Solana has risen by 13% to a record of $234 and has gained 25% in the past seven days, making it the 5th largest globally, with a market capitalization of $70 billion.

Solana’s ecosystem continues to expand into NFTs which is now responsible for over $500 million of its total value.

Despite some of these major moves in the market, grandaddy Bitcoin has been relatively stable, currently trading around the $61,200 mark.

Meanwhile, an exciting new cryptocurrency called HUH Token will be launching on crypto exchange PancakeSwap and UniSwap on December 6.

Currently, in its pre-sale stage, HUH Token’s creators say the crypto will be more than just a meme token and aims to provide real-world value by linking the distribution system to Binance. Using a unique referral code, holders can refer friends and receive 10% of their initial investment as BNB.

HUH Token wants to be community-driven crypto and is rumored to have signed several top social media influencers that make up what it calls the “HUH Nation”, who will be driving the community. Linking itself to Binance, HUH Token allows holders to refer friends and receive 10% of their initial investment in BNB. Additionally, those who are referred can benefit from a reduced sales tax. Instead of the traditional 20% that you would normally pay, when selling you will only be taxed 10%.

News of the launch certainly seems to be enticing investors already, with the company saying its pre-launch sales were so overwhelming that it caused brief issues in its payment systems. The company has since partnered up with NOWPayments to ensure future transactions run smoothly. Many are also happy to discover that they are being audited by 5 different companies, at a minimum, and one of those companies are Certik. Investors can remain at ease knowing that Certik will have the full audit on its website for anyone to read.

HUH Token Overwhelmed By Pre-Sale Orders: Is This The Next Shiba Inu?

By
PVP Team
-
0
A hand holding a smartphone Description automatically generated with medium confidence

With a plethora of cryptocurrencies now saturating the market, it’s hard to know where the next big crypto trend will come from. One crypto that is trying to cut through the noise and create “real-world value” – it’s called HUH Token.

Currently, in its pre-sale stage, HUH Token is set to announce its launch date today.

HUH Token’s creators say the crypto will be more than just a meme token and aims to provide real-world value by linking the distribution system to Binance. Using a unique referral code, holders can refer friends and receive 10% of their initial investment as BNB.

This “real-world connection” has certainly been enticing investors already with the company saying its pre-launch sales were so overwhelming that it caused a brief crash in its payment systems. The company has since partnered up with “Now Payments” to ensure future transactions run smoothly.

Doge and Shiba Inu have seen a dramatic increase in value since their launch. Small investments of $1000 would have grown into millions of dollars.

After starting as a joke relating to the world’s richest man, Elon Musk, the two coins have made it into the list of the most valuable digital assets.

As of Thursday, Dogecoin now has a market cap of over $33 billion after launching at the end of 2013 and its prodogy Shiba Inu now has a market cap of $29 billion since its launch in August 2020, according to CoinMarketCap.

The three reasons leading to Shiba Inu’s recent success are that more cryptocurrency exchanges are allowing SHIB to trade on their platforms. More accessibility means improved liquidity, increased brand recognition, and a growing community.

The second reason was the launch of decentralized exchange ShibaSwap in July 2021 which would have encouraged some investors.

Finally, the third reason is that Elon Musk tweeted a picture of his Shiba Inu dog immediately causing an increase in the meme coins.

Yet, despite these life-altering gains, Shiba Inu doesn’t do anything particularly different to most cryptos.

Good cryptocurrencies should offer financial and nonfinancial transactions faster and cheaper than existing infrastructure and should democratize the process so everyone can participate. While Shiba Inu may have the latter, it’s not a standout payment coin as only around 100 merchants accept it globally. In the long term, Shiba Inu has nothing separating it from any other crypto.

Contrast these facts with the unique offering of HUH Token’s Binance offering, and we may be looking at a serious contender.

SushiSwap Launches NFT Metaverse Platform ‘Shoyu’ After Half a Year

By
Aletheia
-
0
screenshot-2021-11-05-174608

The up-and-coming decentralized exchange platform known as SushiSwap might have only been established last year, but it has been quickly rising up the charts alongside other popular platforms. Now, it appears that the platform will be releasing something new—specifically, SushiSwap will be entering the non-fungible token (NFT) hype and metaverse spaces that have been capturing headlines for the past couple of weeks.

The name of this brand-new initiative by SushiSwap is Shoyu, and it officially launched today. This campaign takes place only half a year since it was initially proposed within the SushiSwap forums.

Shoyu’s curation team had a selection period that went on for a couple of weeks, where they carefully chose among popular digital artists. Now, it seems the search is over, and a fair number of renowned artists will be given a major opportunity to submit and display their digital art within the brand-new NFT universe. Some renowned names include:

  • Robert Gallardo
  • INJURY
  • Nicolas Sassoon
  • Thom Mayne
  • Keyon Christ

screenshot-www-youtube-com-2021-11-05-17_42_35

According to the Shoyu team, the NFT platform will be fully compatible with the ecosystem set up for Sushi. In other words, this means that Shoyu will be one of the “first artistic marketplaces” that combines both the art world and the incredible advancements brought about by decentralized finance.

NFT has been making huge waves in the crypto world since its initial launch earlier this year, and countless platforms and even renowned identities have been joining in on the fun. As for SushiSwap, the platform definitely made a bold decision for intertwining both NFTs and the metaverse.

Shoyu’s goal is to transform the traditional web-based NFT marketplace we know today into a 3D experience within the metaverse. Not only that, they want this modernized experience to be accessible for multiple devices, including VR, mobile, desktop, tablet, etc.

With the 3D gallery, the chosen digital artists will be able to provide a one-of-a-kind multisensory installation to the viewers that will take their art to a whole new level. Even 3D sculptures and models will be completely rendered.

NFT and the metaverse, in general, will bring in exciting and incredible things that we can’t even imagine. The future truly is now!

Cardano vs Solana: Is Solana Leaving Cardano in the Dust?

By
Aletheia
-
0
maxim-hopman-fixlqxahcfk-unsplash
Photo by Maxim Hopman on Unsplash

The crypto world is full of coins simply trying to surpass one another. For instance, you might have heard of two popular meme tokens, Shiba Inu and Dogecoin, battling one another for dominance in this ever-changing market. Well, the same goes for both Cardano and Solana, two leading competitors for Ethereum with smart contracts.

When both cryptocurrencies were introduced in the market, enthusiasts were thrilled because both offered unique capabilities that ensured the crypto space was diversified. However, it appears that only Solana’s blockchain is busy with developments, while there’s not much going on with Cardano since it released its smart contracts capabilities.

That said, the silence makes sense at this point because Cardano released its smart contracts capabilities only a few months ago, if not less, and the team will need some time to make the necessary tests and fixes on the blockchain.

As a result, Cardano is falling behind quite a bit against its competitors, but it’s undoubtedly still a strong contender in the space. In fact, Cardano is still the second leading platform for smart contracts, though Solana has undoubtedly taken the top spot for that now.

screenshot-solana-com-2021-11-05-16_29_37

For several months, Cardano was able to maintain its position at 3rd place on the top 10 crypto projects by market cap. However, it was pushed out by BNB only recently—last month to be exact. This was mostly because of the run-up around August, which had ADA’s price soaring past $3 billion for the very first time.

That said, the trends and data posted recently don’t seem to be pointing in Cardano’s favor. After falling to $2, the coin hasn’t seen much significant movement. Solana, on the other hand, has had a profitable time during the last few months, especially when it launched its decentralized finance (DeFi) marketplace. This feature has only made the asset even more popular, ultimately boosting its value as a result.

In fact, Solana broke another all-time high record last Thursday, reaching a market cap of $72 billion. As you can see, Solana’s increase is significantly higher than Cardano’s, with the former crypto taking the 4th spot on the crypto top 10 while Cardano fell back to 6th place.

In terms of decentralized finance, Solana is three steps ahead of Cardano—the difference is so vast that you can’t even compare. The Solana blockchain has been hustling and bustling for the past few months, its ecosystem in full bloom and ready for more capabilities.

The crypto community is still high expectant of Cardano and its capabilities, but for now, Solana is undoubtedly the better choice between the two.

1...492493494...863Page 493 of 863

Recent Posts