Generative Data Intelligence

Tag: Dragonfly Capital

Meme Coin Markets Gain Close to 5% in 24 Hours, Dogecoin’s Value Jumps, 3 Meme Tokens See Triple Digit Gains

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. […]

Finance Redefined: Vitalik bearish on cross-chain, dYdX decentralizing, Jan. 7–14

Vitalik Buterin outlined his views on a cross-chain blockchain world, dYdX announced plans for full decentralization in 2022, and Near Protocol raised $150 for Web3 tech — all coming to you in this week’s Finance Redefined.

Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH

Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits a Milestone, Analyst Discusses […]

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in RussiaRussians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for Rules to Mitigate Risks of […]

IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability

IMF: Crypto Could Soon Pose Risks to Countries’ Financial StabilityEconomists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our Analysis Suggests Crypto Assets Are No Longer on the Fringe of the Financial System’ The International […]

First Cryptocurrency ATM Reportedly Installed in Uruguay

uruguayThe ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose primary avenue for purchasing crypto relies on peer-to-peer markets. Uruguay Enters the […]

JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach $60K or More This Year

Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year at $60K or higher. What JPMorgan’s Clients Expect the Price of Bitcoin to Be by Year-End JPMorgan has conducted […]

British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated

According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments […]

3 reasons why Near Protocol (NEAR) just hit a new all-time high

NEAR price enters price discovery following the successful completion of a $150 million funding round and exponential ecosystem growth.

MEXC pioneer partners with Proximity Labs, driving DeFi and more within NEAR ecosystem

MEXC Pioneer is partnering with Proximity Labs, a cutting-edge research firm focused on DeFi technology within NEAR ecosystem.  Decentralized finance, or DeFi, has become an essential component of cryptocurrency markets and firmly established itself in the blockchain industry. Today, people are looking for more easy-to-use and reliable DeFi platforms to get involved. Focused on DeFi […]

Near Foundation Raises $150 Million to Bolster Web3 Adoption

On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% against the U.S. dollar. Near Foundation Gets a $150 Million Capital Injection The team behind […]

GameFi Launchpad of Element BSC Market went live on Dec. 20, grabbing RadioCaca USM Land mystery box

Element, the decentralized multi-chain NFT marketplace, officially announced that Element BSC exclusive market officially launched its GameFi Launchpad on December 20, with the debut of the 1000 RadioCaca USM Land mystery boxes to grab. 

As an emerging NFT trading marketplace favored by capital, Element was designed from three perspectives, including creators, users and community, in order to help a large number of users enter NFTs market and promote the integration between traditional market and crypto economy. Element has also received significant upgrades in response to changes in the crypto market.

GameFi Launchpad

Currently, the problems faced by on-chain game players and NFT users are the uneven quality of game projects, the inability to synchronize primary selling with secondary market, and the inability to participate in early project investment, etc.

However, GameFi Launchpad is the highlight of the Element BSC marketplace, which helps GameFi on-chain games solve the above problems. The feature helps projects to launch NFT mystery boxes and helps quality projects to develop better and faster. Projects that go live on GameFi Launchpad can receive support from Element's promotion.

GameFi Launchpad of Element BSC Market went live on Dec. 20, grabbing RadioCaca USM Land mystery box



In order to bring more investment-worthy chain game projects with long-term stable income on GameFi Launchpad, Element's Chain Game Lab launched the GameFi Guild DAO (GGD), which is composed of game enthusiasts, game players and members of guilds around the world, with harboring rights of priority submission, review, vote and investment. It is the first stop for Element to realize community DAO governance.

RadioCaca USM Land

Radio Caca is the exclusive manager of the Maye Musk Mystery Box (MPB). RACA is the governance token of the USM Metaverse. In just over a month since launch, RadioCaca NFT marketplace has surpassed 24 billion RACA (approximately $140 million) in daily trading volume. It is currently planning the USM Metaverse, including land, staking, farming, etc..

With a sound economic model providing a high-quality P2E experience for users and players, it was even named as a BSC MVB Top1 GameFi Metaverse project. In terms of gameplay, economic model, community and on-chain performance, RadioCaca fully meets the GameFi Launchpad selection criteria, and Element is pleased to announce that RadioCaca will be the first GameFi Launchpad mystery box project on the exclusive Element BSC platform.

Mystery box details:

Time: 13:00 PM (UTC) or 21:00 (SGT), December 20.
 A total of 1,000 Land Mystery Boxes, including 990 (N) New Harvard State Land; 8 (R) New Harvard State Land; 1 (SR) New Harvard State Land; 1 (SSR) New Harvard State Land.

The exact price will be announced 2 hours before the release(From 1,888 BUSD ~ 2,888 BUSD).

GameFi Launchpad, the biggest highlight of the Element BSC platform, will continue to list more high-quality projects.

To recap Element's development, on May 7, 2021, Element announced a total of $11.5 million angel funding round, valued at $50 million, led by SIG and Dragonfly Capital, with participation from institutional investors including Dragon Roark, INCE Capital, etc.

About Element

Element launched its Beta version on August 2, 2021, and with the concept of “NFT for all”, tremendously users started mint NFT for the first time at Element. In August, Element stormed into third place in the world in the Dapp list, with 890% more transactions, 500% more active users and $214,000 in transactions, reaching the first Element development milestone.

In just six months of development, Element has aggregated 64 million+ NFTs based on Ethereum, Polygon and BSC chains, and is now the world's largest multi-chain trading platform aggregating NFT assets.

Element is a decentralized NFT marketplace based on Ethereum, Polygon, and BSC, that helps you create, discover, and exchange. Element provides a value trading platform for both NFT creators and investors.

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?