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The Evolution of Play-to-Earn Games and the Top Five Games to Look Out For

The rise of blockchain technology has led to a paradigm shift in the gaming industry. Non-Fungible Tokens(NFTs) and cryptocurrencies allow for Play-to-Earn mechanics that let players earn revenue through in-game activity, turning the traditional Pay-to-Play model on its head. The King is dead, long live the King! Play-to-Earn games are one type of blockchain game in which players earn unique NFTs through in-game advancement. In blockchain gaming, players have complete control over their digital assets. In traditional games, the player may lose access to their collectible items if the server is shut down. However, blockchain gaming allows gamers to trade their items, sell them, or potentially use them across different games. The Play-to-Earn industry is on the rise. According to Forbes, Play-to-Earn games are generating billions of dollars through transactions involving NFTs. Popular games such as Axie Infinity, owned by the Vietnam based company Sky Mavis, boast 2.5 million daily active users. Axie was the first Ethereum based NFT game to reach 1 billion USD in sales last August. The major game studio Ubisoft also incorporated NFTs in its latest release, Tom Clancy’s Ghost Recon. With the introduction out of the way, here are the top Play-to-Earn games to look out for in 2022. Apeiron A cross between god-game simulations and card-based Action Roleplaying Games (ARPGs), Apeiron has many perks that put it high on the list. Inspired by classic god games such as Populous, Black and White, and Spore, the game incorporates a dynamic alignment system that allows players to choose what kind of god they wish to be in what they describe as a “mystical and variegated universe”. One strength of the game is in its tri-token structure. Many popular NFT games have two tokens; one that serves as an in-game currency and a limited Proof of Stake governance token that acts as a company share. Apeiron introduces a third form of currency to promote high-level gameplay. The third currency rewards team play and Guild level competitions, staving off deflation with seasonal large-scale events and allowing for a dynamic economy in the late game stage. Another strength is the game’s integration into the NFT Metaverse. Apeiron has sights set to an integrated virtual world where players will be able to use their assets from other web3 projects in Apeiron. Lastly, Many popular games require the purchase of NFTs to enter the game, whereas Apeiron will be introducing a new Free-to-Play, Play-to-Earn ethos that allows for new players to join free of cost and earn their way through the game. With its solid fundamentals, forward vision, and flashy design, Apeiron has earned its spot on this list. Cradles: Origin of Species Promising to disrupt the entire blockchain gaming world, Cradles: Origin of Species is a virtual reality game that allows the player to immerse themselves, take the form of any species, and explore their vast virtual world. In addition to roleplaying features, the game allows the player to build an entropy-increasing world. Players must ensure the normal operation of the whole world ecosystem and urban area or they risk chaos and disorder. Comprised of a Main city and Adventure zone, the game promises unsurpassed freedom and creativity. The player travels between zones and through time to gain, trade and craft items to advance their character and their city. You can also be a dinosaur – a key reason why it’s made its spot on this list. BlockLords This grand strategy game set in medieval Europe allows players to create heroes, amass an army, and conquer the metaverse. Through trade, conquest, and earning taxes on sales, gamers can create in-game, player-run governments. The limited number of cities on the map ensures fierce competition among players. The game’s grand strategy outlook and stark medieval vibes earn it a definite spot on this list. Metasoccer  This game combines the lucrative worlds of video games, soccer, and sports betting to create an intriguing entry into the blockchain gaming industry. It allows two different roles for the player: owner, and manager, each with unique gameplay mechanics. It also allows players multiple paths for generating revenue. Including finishing the season on top, selling players, renting your stadium, betting, and of course, winning matches. With its popular subject matter, sleek design, and myriad avenues for earning crypto, Metasoccer is sure to make an exciting debut into the metaverse in 2022. Blast Royale This game pits players against one another in a survival-style match in which players fight using pre-selected equipment. The equipment is in the form of NFTs and is essential to determining the success of a player within a match. Blast Royale includes billions of pieces of unique equipment that players can deploy, all of which affect the performance and character of players. Players can create new equipment through two equipment pieces, repair equipment, earn experience for their equipment and upgrade equipment. Blast Royale’s metaverse allows for an infinite number of possibilities, and we are all in.

TA: Why Bitcoin Must Close Above $40K For Trend Reversal

Bitcoin is struggling to clear the $40,000 resistance zone against the US Dollar. BTC must settle above $40,000 to start a steady upward move. Bitcoin struggled to clear the $40,000 resistance zone and corrected lower. The price is trading below $39,000 and the 100 hourly simple moving average. There was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a close above the $40,000 resistance zone. Bitcoin Price Faces Key Resistance Bitcoin price remained in a positive zone above the $38,00 pivot level. BTC even broke the $39,500 resistance level. The bulls made a couple of attempts to clear the $40,000 resistance zone, but they failed. The recent swing high was formed near $39,888 before there was a downside correction. There was a move below the $39,000 and $38,800 support levels. Besides, there was a break below a short-term contracting triangle with support near $38,800 on the hourly chart of the BTC/USD pair. The pair is now trading below $39,000 and the 100 hourly simple moving average. A low is formed near $37,028 and the price is consolidating losses. On the upside, an immediate resistance is near the $38,200 level and the 100 hourly SMA. The next key resistance is near the $38,500 level. It is near the 50% Fib retracement level of the downward move from the $39,888 swing high to $37,028 low. Source: BTCUSD on TradingView.com The main resistance is now near the $38,800 level. It is close to the 61.8% Fib retracement level of the downward move from the $39,888 swing high to $37,028 low. A clear move above the $38,800 resistance could send the price further higher. In the stated case, it could even attempt a clear move above $40,000. Dips Limited in BTC? If bitcoin fails to clear the $38,800 resistance zone, it could start a downside correction. An immediate support on the downside is near the $37,200 zone. The next major support is seen near the $36,400 level. If there is a downside break below the $36,400 support, the price might gain bearish momentum towards $35,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $37,200, followed by $36,400. Major Resistance Levels – $38,200, $38,800 and $40,000.

Binance Donates $10M To Ukraine And Launches Emergency Relief Fund

It is not any shock that worldwide assist for Ukraine continues to develop following the invasion by Russia. After Russia invaded Ukraine, specialists from each sector began getting fearful about worse circumstances. For instance, cybersecurity experts started answering if a global cyberwar is about to unfold. The crypto cash trade didn’t stay idle both. Binance, […]

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LUNA Spikes: Is It A Good Time To Buy?

LUNA is a blockchain used for launching algorithmic stable coins and is now among the top DeFi platforms when it comes to total value locked up in circulation. LUNA has been trending higher over the last few days, but it gained even more momentum over the previous 48 hours. By closing 40% greater, LUNA was among this past week’s biggest gainers. Related Reading | Bitcoin Surges to $40,000 After Breaking Key Resistance The news that Luna Foundation Guard (LFG) created a Bitcoin-denominated reserve has caused markets to react positively. This will act as an extra layer of stability and security for Terra USD, which is currently struggling with sharp fluctuations in prices due to its low liquidity status on exchanges. LFG has announced that it will be investing $1 billion towards building up its Bitcoin reserves. The best part about this news? All of LFs’ coins are locked for 4-years, which means they won’t be able to trade until after those periods. This increases investor confidence across multiple platforms, including LUNA, with demand rising accordingly. Because investors look for safe-haven assets during these uncertain times. The recent move by the US Treasury to create a Bitcoin reserve is being met with rave reviews from analysts and experts. As a result, this new development should lower price fluctuations for UST. The Mechanism  UST is a stablecoin fixed to the US dollar via an algorithm. Unlike other centralized cryptocurrencies, it isn’t backed by anything but Luuna (the company behind them). If prices fall off their peg and go lower than $1 per token, UST can be swapped for LUNA (which is minted). And can be sold for $1, providing arbitrage gains for investors. The opposite happens when demand increases; burning more luna means higher prices because there’ll be less overall supply coming into circulation. Terra’s introduction of a Bitcoin reserve could be seen as the next important step in reducing volatility within its ecosystem. This is because it reduces the correlation between UST and bitcoin.  This means that if traders want to swap out their coins for different assets, they will have plenty available with this new addition. Is It Worth Buying LUNA Now? LUNA’s price has been on an upward trend recently, and it was trading at $74.34 on February 26th, 2022. The coin increased13% in 24 hours. Related Reading | Cryptocurrency Prices Soar On Possibility Of Russia-Ukraine Talks LUNA is currently trading just below the $77.17 weekly support level, with a strong uptrend since February 24th. So keep an eye on this one – it might be time to buy more shares before they climb higher in future updates. If you’re looking to invest in crypto, buying volumes increase, and Luuna is a good bet. The altcoin has been pushing through recent resistance levels with ease. In fact, it could test prices above $90 before the end of February. With LUNA currently trading in a strong uptrend, the crypto is not too late to turn bearish. If this happens, investors should look out below $65 as support, which could signal an upcoming downtrend may be near. Featured image from Flickr, Chart from TradingView.com

Bitcoin Surges to $40,000 After Breaking Key Resistance

The fear of missing out (FOMO) was at its peak as the price for Bitcoin rose above $40,000. The cryptocurrency started a nervous weekend at around $39,000 on Feb 26 after a one-day spike briefly noticed USD 40,000 return to fame just a day ago. After a day of high volatility, Bitcoin was relatively calm on Saturday. After trading as high at $40,330 over at Bitstamp, there are now signs that the market may be stabilizing for good this time around, with more positive news coming out from Cointelegraph Markets Pro and TradingView revealing calmer situations going forward into Sunday morning’s session. Related Reading | Cryptocurrency Prices Soar On Possibility Of Russia-Ukraine Talks The fakeout phenomenon played out in the crypto markets on Friday as well. As a result, the volume was thinner than usual over the weekend. Geopolitical turmoil in Ukraine and Russia has created an atmosphere of continuing cautious sentiment amidst issues that may deliver contemporary instability on Monday. This week, the Crypto Fear & Greed Index reached a new low, remaining within the 26/100 “concern” zone. Russia-Ukraine war has caused a stir in the crypto-verse, with many traders worrying about how it may affect Bitcoin prices. However, for now, at least there seems to be some lightheartedness. We can see that even though Long Term Bears were victorious after their latest $34300 low was set versus February’s dip down into psychological territory ($32 800), trading volumes suggest an opportunity just might exist again soon enough. Analysts Reviews On Bitcoin Move The bear market may be over for now. In an interview with Rekt Capital analyst, February’s coming down from $45,500 will most likely end up being “a vital” consolidation period where traders try to get back into buying mode before things go south again. The end of this week saw a significant recovery for both Europe and U.S., as macro markets showed some stability after yesterday’s turmoil in the Asia Pacific caused by China’s economic data announcement that came out late Friday night. Related Reading | Battle Of The Hedges: How Gold And Bitcoin Have Performed With Russia-Ukraine Conflict The U.S dollar surged in power as hostilities started to increase again. Most of its beneficial properties with the USD Forex index (DXY) returning after reaching a high level around 97.7%. Top Trending Market Update Saturday, the entire cryptocurrency market seemed to be in a good place. With leading coins led by Terra (LUNA) increasing about 50% over the past week. Some late beneficial properties are still taking part in out, including for XRP. The coin was 10.3% higher over the 24 hours. Ether is on the move! An essential altcoin by market cap, ETH traded above $2,750 again today with 5.6% growth every day. And seeking valuable territory above $3,000 for sure this time around. Featured image from Pixabay, Chart from TradingView.com

The Ultra-quality of Avatars for the Metaverses Has Become a Reality

Trader Nicholas Merten called the metaverse sector the most promising direction of the crypto market in 2022. According to the analyst, altcoins from this sector have been the leaders in terms of returns for the past few months. Metaverse tokens will be able to show similar dynamics in the next year, Merten believes. The concept of metaverse has been around for a long time, but before its popularity was hindered by two factors: a weak technological base and distrust of the online environment. From a “trend” metaverse started to turn into “real life” and the needs of users began to grow with an incredible speed. The familiar 2D pictures and lack of user uniqueness became more and more of a problem. The solution to improve metaverse came from the MetaBody, forming a new market of realistic and creative avatars behind it, and some companies are already making progress in mastering it. The MetaBody is a project that provides ultra-realistic 3D avatars for use in the meta-universe and beyond. The MetaBody was established to develop high-end custom avatars, communities and tools to accompany holders in their metaverse experience. “The development of the metaverse directly depends on the quality and realism of the avatar. Unique metaverse characters, moreover with the possibility to create a custom image, is a new stage of metaverse development which really feels like real life”, – comments MetaBody Studios. The first thing one wants to see in a metaverse is a new level of quality and the universe as close to real-life as possible. The main use of the MetaBody in the metaverse. Avatars can be integrated into existing and emerging virtual worlds. However, this is not the only use, in the future, the MetaBody can be used to perform at virtual events. Avatars can hold a VR concert on their own or participate in the show of a new digital clothing collection, It is also worth noting being rendered in any surroundings and having their own social media: examples of practical use can be found on the Instagram page of user Anelie Godar. In the future, the MetaBody Studio plans to add more file formats to ensure seamless integration into emerging metaverse and other virtual worlds. A limited set of avatars will be custom and made according to client’s wishes. The MetaBody allows you to be anything you want. The MetaBody is not a trend that should take root in the realm of the metaverse. It is a step toward perfect quality unique avatars for metaverse users. The MetaBody is quickly becoming a cornerstone of Web-3.0 development and integration into future business processes, it is clear that related markets serving such traction will flourish. The MetaBody project intends to offer its users some of the most versatile and exclusive avatar collections on the market, highlighting the uniqueness and individuality of its owners.

Help For Ukraine

The Ukrainian crypto community is reaching out to its international friends and colleagues. Ukraine is actively fighting for its freedom and independence with the Russian Federation! The Ukrainian crypto community is helping the army and activists fighting on the streets of Ukrainian cities. We know that victory and justice are on our side. We’re doing everything possible so that the Russian occupiers don’t take away our freedom. The Ukrainian crypto community asks to support our country, so the whole world can stop Russian aggression! You can help Ukraine with donations in crypto and fiat. To Donate And Help Ukraine in crypto:  Unchain.Fund https://unchain.fund/ https://t.me/unchainfund Ukrainian crypto exchange Kuna https://my.kuna.io/en/kunaid-ukraine https://t.me/Kuna_official/807 Ukrainian crypto exchange WhiteBIT https://zsu.pay.whitepay.com/  in Bitcoin and fiat  Fund “Turn back alive”  (“Повернись живим”) https://savelife.in.ua/donate/   official donate  https://bank.gov.ua/ua/news/all/natsionalniy-bank-vidkriv-spetsrahunok-dlya-zboru-koshtiv-na-potrebi-armiyi Слава Україні! Glory to Ukraine! Слава Украине!   

TribeOne Is Hosting Crypto’s Biggest NFT Giveaway – Win your very own MAYC!

TribeOne, the world’s first AI-powered DeFi and NFT-funding platform, is hosting a special event ‘The Biggest NFT Giveaway’ where they will giveaway an NFT from the immensely popular Mutant Ape Yacht Club Collection. Users can participate in the giveaway by placing loan requests for an NFT of their choice on TribeOne’s dApp. What is TribeOne? Besides hosting Crypto’s Biggest NFT Giveaway, TribeOne has been offering lending solutions to DeFi users to help them take part in the NFT space. NFT market is a billion-dollar market and is growing at a rapid pace as more creators, traders, and collectors step into it. A platform enabling users to purchase NFTs by providing financing solutions, TribeOne is aiming to make NFT space more accessible. For this purpose, they are collaborating with NFT marketplaces and expanding their NFT offerings. Through TribeOne, users can avail of financial solutions for over 80M+ NFTs listed on the OpenSea marketplace with a 25% down payment and custom payback schedules of up to 12 monthly installments. The host of Crypto’s Biggest NFT Giveaway, TribeOne’s native token $HAKA can be used to pay for installments and also staked on various platforms for additional benefits. The platform is also addressing the difficulties associated with NFT lending services and their new dApp is promising a refined experience for investors seeking easy access to a variety of NFTs. Alongside custom loaning options, TribeOne’s dApp is also making it possible to generate revenue in crypto via NFT flipping, allowing users to take long positions on NFTs and self-liquidating, a unique process based on dipping out of paying their full loan amount and putting the NFT back on its marketplace of origin for sale – resulting profit from future price hikes of the NFT. How to participate in the Crypto’s Biggest  NFT Giveaway by TribeOne? Mutant Ape Yacht Club Collection contains Ape NFTs similar to the Bored Ape Yacht Club Apes, but with a zombie-like mutant theme. Holders of the original 10,000 BAYC NFTs were airdropped a mutant serum vial that allows BAYC NFT holders to “evolve” their bored apes to mutant apes. Bored Ape Yacht Club Collection is among the most prestigious NFT collections in the world. There are numerous celebrities owning NFTs from the BAYC collection, ranging from NBA players like Stephen Curry, Mark Cuban, and Shaquille O’Neil to famous musicians such as DJ Khaled, Post Malone, and Snoop Dogg. The host of the Crypto’s Biggest NFT Giveaway, TribeOne will reward one lucky participant with an NFT from MAYC Collection. “To express our gratitude to our community for their support, we are hosting the most sensational giveaway in the history of crypto and giving a Mutant Ape NFT as a reward to our community,” says Mehdi Suleman, CEO of TribeOne. To participate, users should follow the steps below: Apply for a loan on an NFT of your choice, using the “import functionality” on app.tribeone.io Tweet a screenshot of your loan portfolio with the hashtag #TribegoesApe, tagging @tribeonedefi – and make sure to include your wallet address!  One winner will be randomly selected from all entries received and will be rewarded with a Mutant Ape Yacht Club NFT. TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to all the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.  

LABEL Foundation Debuts On South Korean Digital Asset Exchange Coinone

LABEL Foundation (LBL) has been listed on South Korean digital asset exchange Coinone. The listing is a huge milestone for the project given that South Korea possesses some of the strictest crypto listing regulations worldwide. The process involves in-depth reporting and high-level scrutiny from local financial watchdogs, all of which LABEL Foundation has successfully passed to be listed on Coinone. Crypto exchanges like Coinone are among the few left after the market shutdown that saw most crypto exchanges in the region shutter their doors due to the inability to comply with strict regulations. One reason for this is that cryptocurrencies are still not regarded as legal money in the country, and although crypto exchanges are legal, they have to operate under strict guidelines, and crypto projects are not exempt from these regulations. After proving compliant with these regulations, LABEL Foundation recently received approval to be listed on the crypto exchange with a listing spot with the KRW (South Korean currency). This comes on the heels of Clesson, its parent company, raising $2 million in equity funding to put the project at the forefront of Web 3.0 content creation. This $2 million equity funding came from two large investment funds; EBest Investment & Securities and Groom Investment, both of which are established players in South Korea. LABEL Foundation Continues To Grow Since its inception, LABEL Foundation has grown at a rapid rate and has continued on this trajectory. Its content platform OPENTRACK has gained traction and progress with the release of its 2nd version, in addition to various partnership establishments with leaders in the industry. The decentralization of the platform has been a strong supporter of this growth, development of an NFT infrastructure and marketplace that is aimed at initiating the influx of secured IP rights. All of which will be NFTized and offered to the users through the incubation platform. With OPENTRACK, music artists no longer are subjected to predatory profit-sharing systems that prevail in the industry. The platform’s peer-to-peer profit-sharing system makes it a fair and transparent system where artists take home a larger percentage than they would under current systems. LABEL Foundation is a blockchain-based educational content incubation, NFT, and fee-sharing platform that is changing the face of the music business. The platform attracts top talent from around the world to its content platform OPENTRACK where students are able to develop various musical skills at their own pace. It provides users with simple investment options, as well as fair income-sharing and reliable marketing for artists. Built on the Ethereum network, it is operated by Clesson, a music ed-tech company that is based in South Korea.  

$170 Million In Futures Liquidate As Bitcoin Recovers Above $38k

Data shows more than $170 million in Bitcoin futures has liquidated over the past 24 hours as the price of the crypto makes sharp recovery above $38k. BTC Price Makes Sharp Recovery From Crash Due To Russia’s Invasion Of Ukraine Following the commencement of the Russian invasion of Ukraine yesterday, the price of Bitcoin took a deep plunge down as investors pulled out of the market. During this crash, the coin’s value went as low as $34.4k. However, today the value of the crypto already seems to have made some sharp recovery as the price hit $39k earlier in the day. At the time of writing, Bitcoin’s price floats around $38.8k, down 4% in the last seven days. Over the past month, the crypto has gained 7% in value. The below chart shows the trend in the price of BTC over the last five days. BTC's price has made some sharp recovery today | Source: BTCUSD on TradingView Bitcoin Futures Liquidations Over The Past Day Reach More Than $170 million Due to this sharp price rise, there have been some mass liquidations in the futures market. In case someone isn’t familiar with what a “liquidation” is, it’s best to get a quick overview of margin trading first. As you may know, when investors purchase a buy or sell futures contract on a derivatives exchange, they have to put forth some initial investment, called the “margin.” Against this margin, users can loan Bitcoin amounts many times their actual position. This is called making use of “leverage.” Any profit that investors earn on this leverage is theirs to keep. Related Reading | Bitcoin Investors Haven’t Responded To Russia-Ukraine War With Large Inflows (Yet) However, if the price of the coin moves opposite to the direction they bet on, then their losses are also as many times more in magnitude as the leverage. After the user loses a large percentage of their margin because of these losses, the exchange forcibly closes the position. This is precisely what a “liquidation” is. Now, here is the latest data regarding the Bitcoin futures liquidations: Looks like the futures market has observed some mass liquidations over the past day | Source: CoinGlass As you can see above, more than $170 million in Bitcoin futures contracts have been liquidated over the past 24 hours. Related Reading | Bloomberg Strategist: This Is The Defining Moment To Buy Bitcoin Since these liquidations took place because of a sharp price move up, the majority of these are from short contracts. While this is a sharp and unexpected recovery for the crypto, it’s unclear how long it will last. The macro fears and uncertainties due to the Russia-Ukraine war are still abound at large as the invasion still rages on. Featured image from Unsplash.com, chart from TradingView.com

Komodo Reformed Amid Market Gloom

Despite an almost world market dip, the Komodo token’s worth jumped as information broke that the undertaking would quickly add help for greater than a dozen blockchains. The firm has plans to launch a new collection of NFTs. With cross-chain bridges, we are able to talk between blockchains extra effectively. However, this creates vulnerabilities that […]

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Polkadot Electricity Consumption Is Less Than Solana, Bitcoin, And Ethereum

Electricity consumption has been one of many main issues with the appearance of cryptocurrencies particularly Polkadot. Though with fashions operating with the Proof-of-Stake (PoS) consensus mechanism, this electrical energy use appears to be minimal since their course of for transaction validations is staking. But the story is just not the identical for these operating with […]

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