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Gate.io announces launch of Mirror World NFTs on NFT Box
Majuro, Marshall Islands, June 1, 2022 — Gate.io, one of the world’s leading cryptocurrency exchanges with more than 10 million users worldwide and a wide range of tradable assets, has announced the upcoming listing of Mirror World nonfungible tokens (NFTs) on its NFT marketplace, set to launch today.
About Mirror World
Mirror World is a game matrix with AI-powered virtual beings — known as the Mirrors — fighting alongside players in the game universe. Mirrors are fully interoperable, with access to every play-to-earn (P2E) game in the matrix for pass-holding users.
Among the existing game world designs, Mirror World includes Mirrama, an action role-playing game with roguelike gameplay; Brawl of Mirror, a casual player-versus-player arena-dueling game; and Beacon, a simulation-based game.
#nft #crypto #metaverse #blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio
Majuro, Marshall Islands, June 1, 2022 — Gate.io, one of the world’s leading cryptocurrency exchanges with more than 10 million users worldwide and a wide range of tradable assets, has announced the upcoming listing of Mirror World nonfungible tokens (NFTs) on its NFT marketplace, set to launch today.
About Mirror World
Mirror World is a game matrix with AI-powered virtual beings — known as the Mirrors — fighting alongside players in the game universe. Mirrors are fully interoperable, with access to every play-to-earn (P2E) game in the matrix for pass-holding users.
Among the existing game world designs, Mirror World includes Mirrama, an action role-playing game with roguelike gameplay; Brawl of Mirror, a casual player-versus-player arena-dueling game; and Beacon, a simulation-based game.
#nft #crypto #metaverse #blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio
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Moving forward, P2E is predicated on the notion that gamers may earn money while playing video games. Since the beginning of video games, in-game currency and benefits have been fundamental components.
Overall, the gaming industry is anticipated to reach a market size of $250 billion by 2025. On average, millennials spend over $100 each month on games and in-game purchases. Aside from the experience of playing, they obtain nothing else. P2E games that use cryptocurrencies and NFTs to reward their players financially for in-game accomplishments have proliferated due to the lack of good monetary consequences for casual gamers in the traditional game economy. Although it is still early, these games have the potential to fix many of the industry’s problems.
#nft #crypto #metaverse #blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio
Overall, the gaming industry is anticipated to reach a market size of $250 billion by 2025. On average, millennials spend over $100 each month on games and in-game purchases. Aside from the experience of playing, they obtain nothing else. P2E games that use cryptocurrencies and NFTs to reward their players financially for in-game accomplishments have proliferated due to the lack of good monetary consequences for casual gamers in the traditional game economy. Although it is still early, these games have the potential to fix many of the industry’s problems.
#nft #crypto #metaverse #blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio
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A new report from Kraken Intelligence reveals that Metaverse tokens were one of only two categories of crypto that saw year-on-year growth in prices.
Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year.
Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%, Axie Infinity (AXS) up 511%, and STEPN (GMT) up 746% according to data from the May 2022 market report by Kraken Intelligence and CoinGecko. Metaverse tokens can be used to pay fees, buy land, and participate in governance.The next highest category for year-on-year gains were exchange tokens that saw a 6% increase. All other categories saw negative price action in the same time period ranging from -13% for Bitcoin to -72% for DeFi.
metaverse #blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio #kraken
Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year.
Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%, Axie Infinity (AXS) up 511%, and STEPN (GMT) up 746% according to data from the May 2022 market report by Kraken Intelligence and CoinGecko. Metaverse tokens can be used to pay fees, buy land, and participate in governance.The next highest category for year-on-year gains were exchange tokens that saw a 6% increase. All other categories saw negative price action in the same time period ranging from -13% for Bitcoin to -72% for DeFi.
metaverse #blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio #kraken
Delving Deeper into the Metaverse Use Cases
It is generally agreed that the gaming industry is one of the primary investors in and publicizes metaverse technology. Because it enables players to engage with other participants in a single virtual interoperable environment, the technology that underpins the Metaverse was first used in the realm of computer games. This comes as no surprise considering the characteristics of the technology itself.
The following are some distinguishing features of metaverse games:
• Gaming product functions as a platform that offers flexible gameplay and enables players to develop their own content and games within the confines of a particular metaverse and per the guidelines established for that Metaverse
• Communicating with other players is a primary characteristic of metaverse games that sets them apart from traditional virtual reality (VR) games.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio #kraken
It is generally agreed that the gaming industry is one of the primary investors in and publicizes metaverse technology. Because it enables players to engage with other participants in a single virtual interoperable environment, the technology that underpins the Metaverse was first used in the realm of computer games. This comes as no surprise considering the characteristics of the technology itself.
The following are some distinguishing features of metaverse games:
• Gaming product functions as a platform that offers flexible gameplay and enables players to develop their own content and games within the confines of a particular metaverse and per the guidelines established for that Metaverse
• Communicating with other players is a primary characteristic of metaverse games that sets them apart from traditional virtual reality (VR) games.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #gateio #kraken
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With NFTs, the key ingredients for success run contrary to traditional management practices.
An interesting conversation came out of a post I recently wrote on LinkedIn, which discussed how NFTs could be part of a brand's rewards programs going forward.
NFTs function as a digital receipt of purchase. The NFT creator attaches cover art, a URL and a resale royalty rate to the receipt. NFTs use a blockchain (usually Ethereum) to record this receipt and display ownership.
From Proof Collective launching a successful incentive program with Moonbirds to the massive valuation of Yuga Labs, Web3 native companies are in an arms race to drive utility and rewards with their NFT collections. These new brands have a huge challenge. They have little tenure as a brand, fresh intellectual property and, in many cases, no prior revenue.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn
An interesting conversation came out of a post I recently wrote on LinkedIn, which discussed how NFTs could be part of a brand's rewards programs going forward.
NFTs function as a digital receipt of purchase. The NFT creator attaches cover art, a URL and a resale royalty rate to the receipt. NFTs use a blockchain (usually Ethereum) to record this receipt and display ownership.
From Proof Collective launching a successful incentive program with Moonbirds to the massive valuation of Yuga Labs, Web3 native companies are in an arms race to drive utility and rewards with their NFT collections. These new brands have a huge challenge. They have little tenure as a brand, fresh intellectual property and, in many cases, no prior revenue.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn
...Even though it is still in its early phases, many people believe that the widespread implementation of blockchain technology will be just as revolutionary as the widespread use of the internet. Well, the internet fundamentally altered the way in which we communicate and share information; likewise, blockchain technology may fundamentally alter the ways in which we trade value, transfer ownership, and verify transactions.
Testifying the influence of blockchain technology, the total amount spent on blockchain-based solutions throughout the globe is projected to increase from an anticipated 4.5 billion US dollars in 2020 to an estimated 19 billion US dollars by 2024.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn
Testifying the influence of blockchain technology, the total amount spent on blockchain-based solutions throughout the globe is projected to increase from an anticipated 4.5 billion US dollars in 2020 to an estimated 19 billion US dollars by 2024.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn
Qatar Airways plans to launch NFTs and enable metaverse ticket purchases for physical flights.
Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA).
According to the company's statements to Cointelegraph however, QVerse is merely the company's first foray into the metaverse. The company said that it intends to expand its virtual environment initiatives and believes that the metaverse is part of the future of human relations.
According to the company, its entry into the metaverse reflects its passengers desire for “immersive content that can empower their decision-making before buying a ticket, and are often eager to discover the aircraft they will fly.”
Related: Qatar exploring digital banks and central bank digital currencies
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #qatar
Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA).
According to the company's statements to Cointelegraph however, QVerse is merely the company's first foray into the metaverse. The company said that it intends to expand its virtual environment initiatives and believes that the metaverse is part of the future of human relations.
According to the company, its entry into the metaverse reflects its passengers desire for “immersive content that can empower their decision-making before buying a ticket, and are often eager to discover the aircraft they will fly.”
Related: Qatar exploring digital banks and central bank digital currencies
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #qatar
Undeads Metaverse mentioned on Entrepreneur.com, one of the most famous business media.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #Entrepreneur #undeads #gaming
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #Entrepreneur #undeads #gaming
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure but is no longer listed on its website despite still showing up in Google search results.
The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new nonfungible token (NFT) solution and then promptly deleted all mention of it online.
According to a now-deleted Twitter post announcing the launch on Wednesday, the firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure but is no longer listed on its website.
There are also no press releases or announcements related to the NFT solution on Alibaba’s website anymore. Meanwhile, the solution’s webpage link still shows up in Google search results and now redirects to Alibaba Cloud’s solution index page.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #Entrepreneur #undeads #alibaba
The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new nonfungible token (NFT) solution and then promptly deleted all mention of it online.
According to a now-deleted Twitter post announcing the launch on Wednesday, the firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure but is no longer listed on its website.
There are also no press releases or announcements related to the NFT solution on Alibaba’s website anymore. Meanwhile, the solution’s webpage link still shows up in Google search results and now redirects to Alibaba Cloud’s solution index page.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #Entrepreneur #undeads #alibaba
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead.
Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021.
AXS's sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below.
Low player count dampens AXS demand
To recap, AXS serves as a settlement token within the Axie Infinity's gaming ecosystem, allowing players to purchase native nonfungible tokens (NFT), a flurry of digital pets called "Axies."
It also acts as a work token that players can spend to breed new Axies.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #Entrepreneur #undeads #axie
Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021.
AXS's sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below.
Low player count dampens AXS demand
To recap, AXS serves as a settlement token within the Axie Infinity's gaming ecosystem, allowing players to purchase native nonfungible tokens (NFT), a flurry of digital pets called "Axies."
It also acts as a work token that players can spend to breed new Axies.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #Entrepreneur #undeads #axie
MetaVentures’ unique event will be coming back to Thailand. The event’s exclusivity opens the door to business and investment opportunities targeting a broad international audience.
Investments, blockchain, the Metaverse and NFTs, biotech, DeFi, DAO, digital art, mining, payment systems and digital asset regulation are just some of the topics that will be discussed at the summit.
Business and investment is a key focus, bringing together international business leaders, government representatives, investors and developers. The most interesting investment opportunities and innovations in the world will be discussed, as well as how Metaverse and Web3 developments are changing the world. The evebt will touch on the creation of DAOs, talk about how the economy is changing with the DeFi sector and how fintech is helping make investment more accessible.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn
Investments, blockchain, the Metaverse and NFTs, biotech, DeFi, DAO, digital art, mining, payment systems and digital asset regulation are just some of the topics that will be discussed at the summit.
Business and investment is a key focus, bringing together international business leaders, government representatives, investors and developers. The most interesting investment opportunities and innovations in the world will be discussed, as well as how Metaverse and Web3 developments are changing the world. The evebt will touch on the creation of DAOs, talk about how the economy is changing with the DeFi sector and how fintech is helping make investment more accessible.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn
The Metaverse is achieving greater and greater heights with each passing day. It has now reached the point where it is considered mainstream technology, and it is the next big thing that will transform the face of the digital world. Metaverse enhances new technologies like blockchain, Internet of Things, and 3D visualization by producing an immersive visual experience for users.
It is predicted that the Metaverse, a virtual realm that is extremely scalable and has its own economy, will be the next great step after computers and the internet. The term “metaverse” refers to a gaming technology that combines artificial intelligence (AI) with augmented reality (AR), virtual reality (VR), and all of them together. At the moment, you may play virtual reality games as a stand-alone program on your VR headset, smartphone, or desktop computer.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #undeads
It is predicted that the Metaverse, a virtual realm that is extremely scalable and has its own economy, will be the next great step after computers and the internet. The term “metaverse” refers to a gaming technology that combines artificial intelligence (AI) with augmented reality (AR), virtual reality (VR), and all of them together. At the moment, you may play virtual reality games as a stand-alone program on your VR headset, smartphone, or desktop computer.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #undeads
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty.
Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory.
Alderoty shared his views on June 13 amidst an ongoing lawsuit between Ripple and the regulator, which he says is part of the “SEC’s assault on all crypto in the U.S.” by treating every cryptocurrency as a security.
Ripple Labs has been embroiled in a legal battle with the SEC since December 2020, when the securities regulator filed a lawsuit alleging that Ripple executives had used Ripple (XRP) tokens to raise funds for the company starting in 2013, claiming it was an unregistered security at the time.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #ripple
Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory.
Alderoty shared his views on June 13 amidst an ongoing lawsuit between Ripple and the regulator, which he says is part of the “SEC’s assault on all crypto in the U.S.” by treating every cryptocurrency as a security.
Ripple Labs has been embroiled in a legal battle with the SEC since December 2020, when the securities regulator filed a lawsuit alleging that Ripple executives had used Ripple (XRP) tokens to raise funds for the company starting in 2013, claiming it was an unregistered security at the time.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #ripple
Despite the crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets.
“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018, which was held at the Hilton Hotel in New York, had previously drawn in almost 9,000 attendees.
Caitlin Long, CEO of Custodia — the Wyoming-based digital asset bank — told Cointelegraph that the event this year speaks volumes. “New York has sent a lot of this industry fleeing to places like Austin, Wyoming and Miami. It will be interesting to see if New York makes a comeback.”
Aside from its new location, current market conditions were another defining factor of the event.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #web3
“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018, which was held at the Hilton Hotel in New York, had previously drawn in almost 9,000 attendees.
Caitlin Long, CEO of Custodia — the Wyoming-based digital asset bank — told Cointelegraph that the event this year speaks volumes. “New York has sent a lot of this industry fleeing to places like Austin, Wyoming and Miami. It will be interesting to see if New York makes a comeback.”
Aside from its new location, current market conditions were another defining factor of the event.
#blockchain #nonfungible #gamefi #metafi #defi #bitcoin #playtoearn #web3