Tag: NFT marketplace
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Metaface Gaming Ecosystem: Features and Benefits For Gamers
One catalyst of the recent growth in gaming is the adoption of blockchain and NFT. Now, more than ever, it's easier for gamers to make an income while gaming. The concept of Play to earn is gaining popularity as new NFT games come up every other month. One such platform is Metaface.
Metaface defines itself as a decentralized gaming network with a free-to-earn token NFT and many games. This network combines tokens with NFTs to create a play-to-earn mechanism for gamers.
Metaface Token
The Metaface token takes the most primary task of powering this entire gaming ecosystem. According to Metaface white paper, this token will have two types of holders. First is those who purchase for speculative and investment reasons. The second is those who buy the token for the METATHUG P2E game.
This BEP20 token has many use cases and features, including;
Hyperdeflationary Token
The Metaface ecosystem instills policies that make the MFT token hyper-deflationary. One of the policies is a manual token burning mechanism. According to their whitepaper, the Metaface team will seek its community's opinion on burning tokens and buyback mechanisms. This in turn gives the community a say over their investments. Burning enhances the token scarcity, which results in more demand; hence value increases over time.
Furthermore, the network has a rebate policy where they distribute 4% of everyMFT transaction to token holders' wallets. Metaface will distribute the rebate based on the holding per wallet. This will encourage more people to purchase and hold the token. Altogether, the rebate and burning policy will make the coin deflationary.
High Liquidity Token
Another feature defining the MFT token is high liquidity. Accessing this token and exchanging it in the markets will be easy. In every transaction, 3% will go back to liquidity pools to regulate MFT token prices.
The 3% liquidity return policy will help bolster liquidity and make the token gain value in the long term.
Minting and Buying NFTs
The third and final feature of the token is minting. All holders of the token will mint metaface NFTs and sell them to the marketplace.
Aside From minting NFT, the token will help users buy NFT. It will be the main currency to use in the NFT marketplace. Hence, holders will buy NFT using this token.
Weekly Contest
Holders of the Metaface token will participate in contests to create game scenarios. The community will choose which design is best, and the creator will earn rewards for designing.
Decentralized Exchanges
This token will be listed on top Dexes, where holders will trade in and out. The first Dex targeted by Metaface is the Pancakeswap. Trading the token will be a good source of income for traders. The MFT token will also help in rewarding the holders in Dex.
The Metaface NFT
The network also notes that the token will work in synergy with the NFT to provide services. The NFT will be the most necessary asset in the Meta thug game. The NFTs represent the in-game items and features.
For gamers to start playing and earning, they must first purchase the Metaface token. On holding the token, they can now purchase the NFTs from the marketplace. Aspects like rarity, uniqueness, and features will contribute to the increasing values of these NFTs.
The METATHUG Game
Meta Thug game is the flagship service provided by the Metaface network and MFT token. This game will combine several game modes to boost the gamers' experience. The Metaface team is working hard to ensure the graphic quality of the games is high.
The MetaThug game will first launch as a mobile gaming application. It will be available both on Android and iOS devices starting quarter 1 of 2022.
Metaface: Audit for Security
To ensure it ultimately secures the investors, Metaface decided to take an audit. The audit which Techrate completed intended to identify any errors and vulnerabilities in the smart contracts. After thorough checks, Techrate never found any serious issues.
Metaface decided to post the audit report on their web page. This shows the level of transparency that the network has.
Metaface: The Pros and Cons
The Metaface gaming network will come with several advantages and drawbacks. The few top benefits will include;
Have fun and earn income
Exposure to the NFT space
Mobile applications for convenience
High token liquidity
Deflationary token
This network is entirely new in the market. Hence, users cannot be able to identify issues. However, the team behind it is fully KYCed, and its smart contracts are audited by Techrate, eliminating any chances of a rug pull and ascertaining the security of investors' assets. Moreover, over $600K in investments are locked in the network's liquidity pool, which guarantees it is a long-term project and puts investors' minds at rest.
Wrapping Up: To The Future
The Metaface ecosystem has a lot in store in the coming months. In the fourth quarter of 2021, the platform completed several plans, including the ongoing Presale.
However, after the presale, Metaface will complete NFTs, and launch the game in 2022. It also plans to continue listing on more exchanges as it continues to develop the NFT marketplace. At the end of 2022, Metaface intends to ensure the NFT marketplace, the Metathug game, and its other services will be available for everyone.
Floki Metaverse is Integrating NFTs and Metaverse Capabilities
The platform aims to offer its users a way of earning passive income by being HOLDERS in $FLOKI. Recently, Floki Metaverse launched its private sale in under 28 minutes with an oversubscription of three times.
The project is planning to launch an NFT Marketplace in the first quarter of 2022. The marketplace will allow users to access, trade, mint, and exchange NFTs on the BSC. With its features, the platform is joining the trend that is revolutionizing the future of the digital realm.
The project is planning to launch an NFT Marketplace in the first quarter of 2022. The marketplace will allow users to access, trade, mint, and exchange NFTs on the BSC. With its features, the platform is joining the trend that is revolutionizing the future of the digital realm. Presale Details
The first private sale involved 10% of the total supply, 10,000,000,000. Each BNB sold 250,000,000 $FLMT. Before the first presale, Floki Metaverse burned a total of 11% of the total supply. The second presale involved 20% of the total supply, 20,000,000,000. A total of 200,000,000 $FLMT got sold for a BNB. As mentioned, the presale was full in 28 minutes. Meanwhile, the public sale took place on the 22nd Nov 2021 on PinkSale.
Rewards Paid Automatically
You do not need to claim your earned $FLOKI for the first time. It gets instantly sent to your wallet. Add the FLOKI INU ($Floki Contract Address) to your wallet, and you're ready to go.
Metaverse is in Development
The metaverse is the culmination of all the processes and protocols that power the internet. Also, it involves the coming Web3, consolidating into a single, interoperable realm. Communications, money, gaming worlds, personal profiles, NFTs, and other services are all part of a more extensive online experience in this future world.
The NFT MarketPlace
Floki Metaverse is creating an easy-to-use NFT marketplace for the average individual. It will allow other apps, like wallets or DAO frameworks, to use the platform for browsing/discovery and governance of NFTs. It was designed specifically for that purpose.
The NFT marketplace has a royalty standard in place for both minted and externally minted NFTs. It allows NFTs purchased and sold on protocol apps to be bought and sold on other protocol applications while still conforming to creator and platform royalties.
About Floki Metaverse
Floki Metaverse is a platform with a single mission in mind. It brings NFTs and the Metaverse to the masses. You can find more details on their:
Website: https://flokimetaverse.io/
NFT marketplace: https://nftmarketplace.flokimetaverse.io/
Whitepaper & Tokenomics: https://flokimetaverse.io/whitepaper/
Roadmap: https://flokimetaverse.io/#road
Official Telegram: https://t.me/flokimetaverse
Twitter: https://twitter.com/flokimetaversDoconchain Announces New Celebrity NFT Marketplace Called ‘The Famous’
Press Release: Doconchain announces a brand new entertainment-themed NFT collection in collaboration with long-standing partners. November 25th, 2021, Singapore – Today Doconchain, a leading provider of NFT solutions, announces an upcoming NFT marketplace, in collaboration with entertainment company partners, that will leverage the relationship between celebrities and fans. ‘The Famous’ marketplace will be based […]
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ZUNA Coin Listed on Coinmarketcap and Coingecko, Price Rises by 250,000%
ZUNA coin was recently listed on coinmarketcap and coingecko, the top crypto trackers in the space. Since then, its price shot up abruptly by 250,000% and gained 14,000 more holders in less than a month with no sign of slowing.
ZUNA Makes Big Strides in the Crypto Market
With an official launch roughly two weeks ago, ZUNA is already gaining massive traction. The main mission of the ZUNA project is to progress its growing community and reach out to more people. The platform has rapidly climbed up in the coinmarketcap rankings from position 6000 to around 3000 in less than two weeks.
ZUNA boasts some unique features that are built to reward investors. 5% of every transaction is redistributed to all existing hodlers.
In addition to rewarding ZUNA investors, according to their official website, ZUNA's liquidity pool (LP) is vital in stabilizing its prices. In every transaction, ZUNA takes 5%, which is automatically locked for stability.
ZUNA Future Plans
This project is still new and has plenty of room for growth. With a growing community behind them, ZUNA will begin working on their exclusive NFT collection drop scheduled for January of 2022.
According to ZUNA's roadmap, the team will follow up their NFT collection drop with plans on building an NFT marketplace where artists can create and sell their artwork. ZUNA also has future plans to introduce a crowdshare feature where multiple investors can own and sell a fraction of highly valued NFT's.
Exchange listing is an essential step in the roadmap of ZUNA that the team project will boost its adoption status in the crypto community. Currently, PancakeSwap is the exclusive exchange offering ZUNA. However, ZUNA plans to launch an all-around exchange suitable for both beginners and expert traders. The exchange will be accessible via mobile, where users can securely store the assets.
ZUNA is community-oriented and invites early investors to be part of its innovative trajectory. With everything they have planned it is clear that ZUNA is a project to keep your eyes on in the coming months.
Please connect with us by joining our Telegram Group or following us on Twitter for more information.RedKite to launch revolutionary NFT marketplace
Non-Fungible Tokens (NFTs) have been around for some time now. However, following a few big press stories earlier this year, one being digital artist Beeple selling an NFT for $69 million, it's only in recent months that we've seen some big players in the art world, such as Damien Hirst and Sotheby's auction house, join in the NFT party.
Currently, most websites presenting NFTs in the form of visual artworks allow artists to upload their own digital files, GIFs, photos or animations and present them for sale for users to buy with cryptocurrency. However, with so many artists creating digital artwork, the whole space has become cluttered, and even some of the leading NFT websites such as Nifty Gateway still have thousands of works in their marketplace, many by predominantly unknown artists.
This is where RedKite comes in to cut the noise. With a founding team built heavily of contemporary art professionals - one being renowned street artist and pioneer in the exploration of graffiti letter forms Ben Eine - the RedKite platform is fully curated, with a focus on artists who already have a big following and are widely collected in the physical art world. The team's deep ties to current practicing artists and their ability to bring in valuable contemporary names creates a one stop shop for premium digital art collecting.
“In 2001, [American art dealer and curator] Jeffrey Deitch said the Street Art Movement was the biggest art movement in the world. I agreed with him at the time. We're now in 2021 and although it blows my mind, I believe digital art is the future. RedKite's set up, where artists get to create physical pieces that relate to the digital works, makes more sense to me.” Ben Eine, street artist
With all of the artwork on the platform being carefully selected by RedKite's in-house curatorial team, who between them have many years experience in running galleries, publishing limited editioned art and shaping artists' careers, a close partnership that helps facilitate this lies with Ourtypes, an international art studio managing some of the most leading street artists and graffiti writers in the world.
Ourtypes' impressive projects include a mural on the London Eye and the production of one of the largest paintings ever created in partnership with Zippo. The cumulative following of Ourtypes and its artists currently sits at around 3 million and the volume of interest in the group is expected to significantly grow as their artists gain further exposure and continue to create ground-breaking work.
As an active studio that's constantly working on new projects and embracing new technology, Ourtypes like the concept of the NFT space, and many of their artists, including Eine, whose work was once gifted to President Obama by UK Prime Minister David Cameron, have been dipping their toes in the digital medium for some time, but it wasn't until they spoke to RedKite that it the idea resonated.
Juan Topping of Ourtypes said: “We'd been approached by a lot of NFT spaces in the past, with everyone wanting to work with our artists, however, it wasn't until we heard about RedKite's idea of the artists producing physical works to create asset backed NFTs that it all seemed to make sense”.
Cementing this new relationship, Eine and other artists from the Ourtypes family are likely to be the first in line for RedKite's debut NFT drops, paving the way for other leading artists to jump on board.
On top of all this RedKite is looking to utilise some of the best tech in the space as well as bringing innovative solutions to the table. They will also be introducing some of the first asset-backed NFTs into the space. This means that each NFT bought and sold is associated with an original piece of work, such as a painting, that physically exists and will be publicly exhibited. By doing this, not only does a collector get to own part of a piece of art that exists in the real world, but it also means the value of the associated NFTs will not fall below a certain point. This is, due to them representing a fraction of a physical artwork that will hold its value or, more likely, increase in value as time goes on.
Environmental issues are often addressed when talking about NFTs and RedKite takes this seriously, offering carbon-neutral transactions. They aim to make this possible by offsetting their energy usage that is used on the Layer 2 of the Ethereum Network that they run on.
With this new platform, Redkite is looking to continue the development of the growing contemporary art market by bringing art collecting into the current digital climate.
Powered by blockchain technology to break down ownership of high-value pieces, their aim is to ultimately increase accessibility and utility for all.
Alongside the platform, RedKite will also be launching the KITE token, with its main utility deriving from running a Collectors Club. Avid investors can sign up to find out more information about how a public sale will be run via the RedKite website, Twitter and Telegram. Those that want premium NFTs can expect first drops to happen in December, with visual content appearing via instagram.
RedKite will be running a competition in order to excite and strengthen the community. Prices will include an original work of art by Ben Eine, five prints provided by Ourtypes, NFTs and Token Prizes. In order to find out more head over to the RedKite website and subscribe.
If you wish to learn more about the team's extensive background and technicalities of the project visit RedKite and read through their whitepaper.
Links:
https://twitter.com/RedKiteNFT
https://www.instagram.com/redkitenft/
KuCoin Labs Invest in Huobi-backed SocialFi Platform to Expand into Metaverse & NFT Space
Press Release: The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures and 20 other prominent crypto VCs, Torum SocialFi platform is excited to […]
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