NFT trading is coming to Facebook and Instagram, according to a report from The Financial Times. Meta, formerly Facebook, is reportedly working on plans to let its users mint their own non-fungible tokens, display real NFTs in their profile photos, and sell NFTs to other users, according to those familiar with the matter who spoke […]

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January 21, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The Federal Reserve released its long-awaited report on stablecoins. The[...]

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The first two rounds of racing in the F1 Esports Series Challengers are in the history books, with our three groups of talented turning laps in anger for the first time.

Held across January-March, this six event, 12 race series will separate the great from the sublime, and offer us 18 incredible drivers to bring to the Pro Exhibition later this year. Here’s what went down in the first event!

XBOX ACTION

First up in the week’s trio of Challengers streams came the Xbox qualifiers. This group represented the fastest participants of the in-game events in October and November 2021, and the group of 16 assembled at Shanghai International Circuit, China.

Tom Manley put it on pole in the first race, but it was the pair behind him that caught the eye. A scintillating first-lap fight between Zak Oates and Ryan Jacobs for second pace saw half a lap of wheel-to-wheel racing. Oates ended up leading the race after the pit stop phase, but a penalty incurred during his pit stop dropped him well down the order, and out of the points. Manley led them home, with Jacobs second, and Sam McLean in third.

Lewis Groombridge took pole for the second race in Bahrain, but wasn’t able to capitalise, and instead it was Manley – who qualified a lowly P11 – who took the secondd win, using a brilliant alternate strategy to carve his way through the pack, making his move on the very last lap with superior grip. Jed Norgrove grabbed second after missing out in the first race, with Zak Oates third, after similarly missing out in China. With a near-perfect start, Manley sits on top of the standings with 50 points, ahead of McLean on 27, with Norgrove and Jacobs joined in fourth with 18 points.

PLAYSTATION RACES

Wednesday heralded the turn of the PS4 and PS5 racers, and Matthew Alder was the man in form in the first race in China. The 16-year-old put it on pole in Shanghai, and only lost the lead during the pits stop phase. Georges Nader and Duncan Hofland kept the pressure on behind in a major way, but they finished in that order to take the first podium of PlayStation Challengers 2022.

The second race in Bahrain provided heaps of entertainment from the off, with Dutchman Joost Nordijk taking pole position. He went largely unchallenged in the early stages, but there was plenty of action elsewhere. Lap 7 saw China race-winner Alder attack Marcel Altstadt, but they pair collided at Turn 1; the latter spinning, and the former falling out of the points late on.

With just a few laps to go, the race reached boiling point, as Noordijk, Mirko Suriano and Nader went three-wide into Turn 1. Though the circuit is wide, it wasn’t wide enough for all of them, and Nader spun after contact between the trio, dropping back and eventually retiring. Suriano defended from Noordijk, but it was no use, and the polesitter was back in front, taking the lead on the final lap. Copying his China form, Duncan Hofland completed the podium in third.

The results put Suriano and Hofland join on top of the standings with 30 points apiece, ahead of race winners Noordijk (28) and Alder (25).

PC DRAMA

As with the other two platforms, China was the first event, with plenty of familiar names among the grid. Tomek Poradzisz was the man to beat in qualifying, taking pole in Shanghai. He didn’t waste time in the racing, crushing the opposition with a winning margin of more than seven seconds – a lightyear in F1 Esports terms! Ulas Ozyildirim and Szelle Kristof completed the podium.

As night fell in Bahrain, John Evans was the man on pole, and he put up a hell of a fight, leading most of the race under the floodlights. As with many other races, Samuel Bean left it late to strike, and blasted past for the lead on the final lap, with a daring pass late on the brakes at Turn 1. Wilson Hughes completed the podium, with former F1 Esports Pro Series racer Floris Wijers close behind in fourth.

With that dominant win in the first race, Poradzisz leads the championship on 33 points, ahead of Bean in second on 27, and Ozyildirim third with 24.

The next Challengers streams will be coming your way in a matter of days, with Xbox, PlayStation and PC all back in action on February 1-3. See you there!

The post F1 Esports Series Challengers 2022: Event 1 Round-up! appeared first on F1Esports News.

Early stage fundraising is always risky. Solv has a solution for early stage crypto companies, or any company that need to take on cash without risk – convertible vouchers! It is a simple concept. Companies need to take on capital to expand. Pretty easy to understand. But – the fundraising process can be complex. The [...]

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Meta’s main social media companies Facebook and Instagram are reportedly planning to let users display and trade non-fungible tokens (NFTs). According to a Financial Times report, the social media giant behind Facebook and Instagram is currently working on prototypes that will allow users to mint collectible tokens. Additional plans include launching a marketplace that allows the buying and selling of NFTs. However, the report did not specify which blockchain network Meta would use for the marketplace. It should be noted that Meta’s NFT efforts are still in their infancy phase, meaning that the mentioned features are unlikely to launch anytime soon. Should it go into fruition, Meta’s reported foray into NFTs could be a major catalyst for mass adoption and help popularize the use of the burgeoning digital assets industry. Just recently, leading NFT marketplace Opensea surpassed $3.5 billion in monthly transaction volume, indicating that over $169 million are being spent each day in NFT trading just within the platform. So far, the NFT market has had a total of $25 billion in all-time sales. In December, Instagram CEO Adam Mosseri hinted that the company was ‘actively exploring NFTs,’ but provided no further details. However, the media sharing platform is now internally testing its NFT showcasing feature, according to people familiar with the matter. The Instagram NFTs project was started last year by Kristin George, Instagram’s director of product and creators, and David Marcus, the former head of Facebook’s payments and crypto arm, leaving the company in December. Replacing Marcus, Stephane Kasriel, the former CEO of Upwork took his place. Facebook initially made its intention to delve into the crypto space in June 2019 when it announced the launching of a Libra stablecoin, along with Novi crypto wallet. Since then, the project has had a rocky journey and has been rebranded to Diem and it’s still yet to launch.

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NFT investors are demanding that marketplaces recognize and give value to their users, prompting competitors like LOOKS, SOS and WTF to launch ambitious vampire attacks on OpenSea.