Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
NFT
Hololoot Review – The World’s First AR NFT Generator, Marketplace, and Metaverse
Hololoot is a new blockchain-based ecosystem seeking to incorporate all the latest technological breakthroughs. The project prides itself in being the first Augmented Reality (AR) NFT generator with a proprietary marketplace and Metaverse. New projects surface on the blockchain every day. Many deal with non-fungible tokens (NFTs) and some focus solely on expanding the Metaverse. Meanwhile, few venture into the narrow niche of augmented reality. Hololoot takes on the ambitious task of integrating all these elements into an all-inclusive platform. Currently,…
3 years ago
LCX Launches Tokenized Real-World Diamonds as Tiamonds NFTs
LCX, the Liechtenstein Cryptoassets Exchange, has announced a new initiative to tokenize diamonds as Tiamonds NFTs. Instead of holding the genuine gemstone, investors can own its blockchain representation and gain cryptocurrency for not selling it. This project should help average consumers learn more about tokenization and use this technology to earn a passive income. Furthermore, the fintech company puts forward 1 million TIA token rewards for those who buy and hold onto their Tiamonds. Diamond Tokenization Takes Off As the…
3 years ago
User Claims Airdropped ApeCoins by Exploiting Whitelist Oversight
Through a sophisticated chain of transactions, an anonymous user cunningly grabbed $1.1 million from the ApeCoin Airdrop. Despite sticking to the allowed rules of purchase, the user managed to exploit the system. ApeCoin Launch On Thursday, the famous designers of the Bored Ape Yacht Club, Yuga Labs, launched an exclusive airdrop containing ApeCoin(APE) tokens. The launch notably spiked Ethereum gas prices barely hours after it began. Following the launch, designers Yuga Labs offered 15% of a billion ApeCoin tokens to…
3 years ago
Reta Wars Review – A New P2E Game Model with Long-Term Sustainability
Reta Wars is a simulation game that promotes a unique play-to-earn (P2E) model with elements of NFT and DeFi. The project aims to provide a full-fledged GameFi experience with multiple gaming features, including role-play, growth, competition, and chance. The P2E gaming market is emerging as one of the most attractive blockchain-based sectors. However, many of its projects maintain a company-customer relationship, which is increasingly costly for the players. Many of these games could face sustainability and scalability issues in the…
3 years ago
Bored APE Token Triggers Spike in ETH Gas Prices
The bombshell drop of the APE token sent ripples across the crypto world - with a noticeable effect on ETH gas prices. Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has issued its own crypto token. As announced on Wednesday, the new ERC-20 token is called ApeCoin ($APE). We’re excited to announce we’re adopting ApeCoin as the primary token for the Bored Ape Yacht Club ecosystem as well as future Yuga products and services. The newly…
3 years ago
Rapper French Montana to Join Miami NFT Week
The Miami NFT will feature a major celebrity appearance, from a rapper and now metaverse creator French Montana. Karim Kharbouch, known as French Montana, will kick off the NFT event with a Happy Hour. The rapper, whose song Unforgettable reached 1.365 billion views on Youtube, will chat with fans and NFT enthusiasts alike. However, this appearance is only the culmination of his involvement in the NFT space. In fact, he is joining the event as the official celebrity guest of…
3 years ago
Dr. Disrespect’s Gaming Studio Launches NFTs, but with Mixed Response
Dr. Disrespect – one of the world’s most popular video game streamers – has unveiled a commemorative NFT collection produced by his gaming studio “Midnight Society”. The collection – available to 10,000 of his most dedicated community members – will be privy to various benefits surrounding his game’s development. However, like many on the gaming scene, a substantial portion of his following didn’t take kindly to the reveal. The “Day Zero” Access Pass The streamer presented and explained the new…
3 years ago
African Artists are Keen on the NFT Space
Artists across the African continent are increasingly creating ripples in the NFT space. Young creators especially have been keen on pushing the NFT trend in recent months. South African Artists Join the Future Moving along with the NFT trend, South-African artists have begun to offer tokenized versions of their work for purchase. Since the NFT boom that began in late 2020, NFTs have grown into a staple in the art community. They allow artists to stay on top of emerging…
3 years ago
Introduction to NFT Smart Contracts
In the crypto community, NFTs are generating enormous hype. As a result, more and more artists have begun to produce and collect their NFTs. They aim to join the bandwagon and ride the NFT wave. Today we will talk more about the technology that made the rise of NFT possible. Then, after a quick general introduction to smart contracts, we will look into the matter more closely. Understanding the Logic Behind a Smart Contract Smart Contracts are pre-programmed and automated…
3 years ago