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Showing posts from March, 2022

How To Choose The Best Blockchain For NFT Gaming Development?

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Non-Fungible Tokens (NFTs) are taking the blockchain-cryptocurrency domain by storm. In 2021 alone, their market cap has risen by over 1785%, crossing $19 billion. As a result, the so-called NFT marketplaces, where you can buy and sell digital assets, are becoming an excellent means of revenue generation, offering unprecedented ROIs. Citation : Ulam   Steps to build an NFT gaming platform development Choosing the Ideal Blockchain for NFT Gaming Development Planned the NFT Game Type Choose the Blockchain Search Top 5 NFT Gaming Platform Development  Tell them  your requirements Choose the company that fulfills your requirements at an affordable cost.  Choosing the Ideal Blockchain for NFT Gaming Development As we search for the top blockchain for NFT Gaming  development, we must consider several functionalities Token Development Cost Smart Contracts Possibility of Forking Security Best Blockchains for NFT Gaming Platform Development Ethereum  Binance Smart C...

Healthtech Startup GOQii Raises $10 Mn To Launch Its Health Metaverse

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 The startup plans to develop other offerings leveraging blockchain tokens and gamification The funding announcement comes close on the heels of GOQii raising $50 Mn in Series C round GOQii also plans to bring a virtual token program for its metaverse ecosystem Fitness technology startup GOQii Inc. has raised $10 Mn in an extended Series C equity round from Animoca Brands to launch its health metaverse. The startup also plans to develop various offerings that leverage blockchain tokens and gamification in preventive healthcare, in collaboration with Animoca Brands and its ecosystem companies and projects.  The funding announcement comes close on the heels of GOQii raising $50 Mn in its recently concluded Series C round. The round saw participation from investors including Sumeru Ventures, Modality (Digality), 9 Unicorns, Venture Catalysts, among others.  “We are excited to onboard Animoca Brands to the GOQii journey. Animoca Brands is one of the most prestigious names whe...

The Biggest Celebrity NFT Owners in the Bored Ape Yacht Club

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 CryptoPunks might have kicked off the NFT profile picture trend, but the Bored Ape Yacht Club is making even stronger inroads to collectors who aren’t deeply immersed in crypto culture. Yuga Labs’ Ethereum-based NFT project—which has yielded more than $2 billion in secondary trading volume across three collections—counts a growing number of celebrity owners, including big names like TV host Jimmy Fallon, athletes including Stephen Curry and Shaquille O’Neal, and musicians like Marshmello and Post Malone. The Bored Ape Yacht Club is billed as an exclusive social group for NFT holders, and the club keeps drawing more and more famous folks. An NFT acts like a receipt that proves ownership for a rare digital item: in this case, one of 10,000 unique avatars that can be used for social media profiles, creative projects, and potentially turning a profit given their rapid rise in value.  With both Universal Music Group and producer Timbaland turning Bored Apes into virtual music grou...

Developing An NFT Marketplace- The Ultimate Guide

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 NFTs (Non-Fungible Tokens) are one of the latest craze in the crypto industry. The trending news about NFT is The  Cricket Players Rashid Khan, Ruturaj Gaikwad and Prithvi Shaw Announced their NFT Deals With Rario (is the digital collectible for Cricket NFT) Celebrities also interested to invest in NFT. The craze of NFT is Increasing Day by Day!!! If you are looking to get involved with the NFTs? Then you must develop your own NFT Marketplace   One Of The Leading NFT Marketplaces in Crypto Industry is OpenSea. The Current Market Value of OpenSea is $13.3 Billion. Want to become a Billionaire? Have you confused how to start an NFT Marketplace ? Don't get confused, this blog may help you to get started with an NFT Marketplace. What are NFTs? The form of any digital file can become a NFT (Non Fungible Token). The Digital files that are tracked by the same blockchain technology that supports cryptocurrencies like Bitcoin and Ethereum. This methodology allows Traders to ...

OpenSea, Rarible – Things you need to know about top 2 NFT marketplaces

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  As NFTs or Non-Fungible Tokens have taken the art world by storm, more and more people are drawing towards the purchase and sale of these digital collectibles, hence giving a surge to the popularity of NFT marketplaces. This article covers two leading NFT marketplaces, namely OpenSea and Rarible, for the NFT lovers who are interested in creating, buying and selling these digital art pieces or are just curious about NFTs. OpenSea OpenSea is the first and largest peer-to-peer NFT marketplace across the globe, where NFT lovers can buy, sell or trade in numerous NFTs. Built on the Ethereum blockchain, the platform boasts an easy-to-use interface; wherein one can create an account for free and skim through extensive NFT offerings, which are related to the field of art, gaming items, photography, music, sports, virtual world and other collectibles. Also, the platform supports over 150 cryptocurrency payment tokens. Further, it supports 14 different crypto wallets like MetaMask, Fortmat...

India's Biggest NFT Marketplace Launch Plan, Says Digital Currency Exchange

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 Digital currency exchange has announced its plan to launch India's biggest Non-Fungible Token (NFT) marketplace along with its Peer-to-Peer engine. CryptoBiz: India's leading digital currency exchange has recently announced its plan to launch India's biggest Non-Fungible Token (NFT) marketplace along with its Peer-to-Peer (P2P) engine. The move is part of the exchange's aim of taking its metaverse game to the next level. While there have long been speculations about the use cases of mainstream blockchain adoption, the growing popularity of NFTs since the last year has churned out a new chapter altogether.  In this scenario, CryptoBiz brings its NFT marketplace to engage creators and collectors in creating, selling or collecting digital tokens supported by blockchain technology. It will allow the creators to mint their artworks into digital assets and provide them with an opportunity to showcase them online.  Collectors will be able to browse the marketplace for NFTs an...

How To Create An NFT Marketplace Website?

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 This blog may help you to create an NFT Marketplace. We will go through the Mapping Goals, Protocols and NFT Standards, Benefits and Key Features of NFTs, Mandatory Technology stack to create an NFT Marketplace Website, from its Scratch to launch, maintenance, and much more things. Let’s jump into the blog. Step-By-Step Guide To Start an NFT Marketplace Development 1. Budgeting 2. Mapping Goals 3. Which Protocol Tokens Are You Going To use 4. Blockchain Standards 5. What Features Do You Want To See in Your NFT Marketplace 6. Tech Stack 7. Storage Solution 8. Testing 9. Security Audit 10. Marketplace Launch 1.Budgeting In general, Budgeting is based on the quantity of work and the requirements. you have two possibilities in your hand    Ready-made solution - Cost is Lower Development From Scratch - Cost is High      2.  Mapping Goals “Vision is Everything” Be a Vertical market rather than a horizontal one. In the horizontal market sell products a...

Is Magic Eden the “OpenSea” of Solana?

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 Solana NFT Marketplace is the second marketplace with the most transactions in the NFT sector. Magic Eden is the “Opensea” of Solana, with the majority of users using it to transact, they have captured 92.4% of the market share for gaming NFT’s The Magic Dao was launched as a way to connect with ME community and reward their users Solana’s NFT marketplace has attracted the attention of many users, mostly retail investors who have felt outpriced on the Ethereum transaction gas fees and have opted for a marketplace that provides quick transactions at low fees. According to data from CryptoSlam, Solana made a total of $119,459,621 on sales in the last 30 days, while Ethereum racked up $1,947,618,479 for the same period. It is evident that the difference is still substantial between the two chains, as the total transaction value of Solana is still less than 5% off Ethereum.   What I found as a user is that it’s straightforward to transact in Solana; all you need to do is set...

10 NFT trends that could change the world in 2022

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 Why do you need to know about NFT trends? Well, whether you like the idea of NFTs or not, some of these upcoming trends could change the way we experience the web, brand products, buy and sell art, and even create and experience music. And according to Bored Ape Yacht Club member Jace Kay, 2022 sounds like the year the promise of Web 3.0 and NFTs will really take off. If this sounds a lot, and you still don't really get what NFTs are (you're not alone!), see our NFTs explainer as well as our guide to how to make and sell an NFT. You can also discover how International Women's Day and World of Women revealed how NFTs are revolutionizing equality in art. But trust us when we say that when it comes to NFTs, Kay knows what he's talking about. He is not only a member of BAYC, one of the most successful NFT groups, he also co-founded social music streaming app Stationhead with Ryan Star, and is the creator of the famous Facebook Lemon AR filter. Still not convinced NFTs are ...

Ethereum NFT Gaming Startup Immutable Hits $2.5B Valuation After $200M Raise

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 The startup behind Immutable X, a scaling solution for Ethereum NFTs and games, is the latest crypto unicorn after a Series C raise. Temasek led the $200 million round, with participation from Animoca Brands and Tencent. Immutable X is an Ethereum scaling solution used by firms like GameStop and TikTok. Immutable, the Australian startup behind an Ethereum layer-2 scaling solution designed for games and NFTs, announced today that it has raised a Series C funding round at a valuation of $2.5 billion. The firm joins an ever-expanding list of crypto “unicorns,” or startups worth at least $1 billion. The $200 million round was led by investment firm Temasek, with participation from Chinese gaming giant Tencent and leading metaverse investment firm Animoca Brands. Additional new investors include Arrington Capital, Mirae Asset, and Liberty Global, while Alameda Research and Possible Ventures are among the firms that increased their total investment. Immutable is the firm behind Immutabl...

2021 Crypto Industry

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 2021 was perhaps the most critical year for the industry so far. After a 2020 that can be defined as a year of building and preparation, this year saw enormous progress and positive results across the industry’s most important metrics and macro indicators. The number of wallets interacting with dapps, and the trading volumes are higher than ever, while the demand for NFTs and games increased considerably. The industry’s three main categories – Games, NFTs, and DeFi all experienced positive trends and appear to be in an excellent place to continue gaining momentum and consolidate going forward. The NFT space experienced one of the most impressive expansions overall, amassing over $23 billion in trades in this year. The proof of ownership entitled to their holders and the integration of intelligent computational processes disrupted the way we treat digital art and collectibles. Collections like CryptoPunks, Bored Ape Yacht Club (BAYC), and Art Blocks became the face of the NFT explo...