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2 days agocryptodaily
Everyrealm Release Fantasy Islands Makes Its Metaverse Debut
Fantasy Islands, the adventure game developed by web3 powerhouse Everyrealm, has made its metaverse debut. The Sandbox, the virtual realm where big brands and casual consumers alike have been mingling and building, is the setting for the first major release of Fantasy Islands. Whereas traditional video games must be purchased and downloaded to be played, metaverse games are embedded into the virtual world where they are set, allowing players to seamlessly enter them as they roam. Although not a fully fledged game, there’s enough in Fantasy Islands to keep players entertained as they explore its 100 islands, completing challenges along the way. Frostbite Villa is the setting for the Fantasy Islands game that can be found at coordinates -3, 5 within The Sandbox. As players explore the mansion, they’ll encounter prompts and clues that will task them with completing seven challenges in total. So far, the game seems to have found favor with The Sandbox regulars who’ve tried it out. Digging Into The Sandbox Metaverses Decentraland and The Sandbox were flying the flag for virtual worlds long before Facebook bought up Oculus and then rebranded itself as Meta. Decentraland’s creators had the foresight to envision the need for virtual worlds for the digital generation to interact, while The Sandbox then built upon this concept with its own metaverse. Participants can create and animate voxel art, own and trade virtual land, and create all kinds of games using the built-in game maker. Everyrealm’s Fantasy Islands showcases The Sandbox at its best: immersive and highly playable, it combines elements of Roblox with The Sims to create a colorful, pixelated world that’s best navigated in leaps and bounds. Ultimately, Everyrealm plans for Fantasy Islands to incorporate much more than merely a multi-level romp. The idea is that denizens of the 100 islands will create their own chic apartments and beachfront villas where they can hang out and of course flaunt the NFTs that adorn the walls of their real estate. Everyrealm is big on showcasing digital art in all its glory, having built its own virtual gallery for displaying the 4,000-odd NFT’s it’s amassed in its own portfolio. Playing and Trading in Fantasy Islands The Fantasy Islands collection comprises a range of NFTs that can be used to enjoy the metaverse game to the fullest. The pick of the bunch are the FI100 cards which provide premium access to the game’s 100 islands and have a current floor price of 19 ETH. Each NFT has specific attributes such as a bar, unique grid coordinates, and gadgets and animals. If you ever wanted to hang with a giraffe, well, in Fantasy Islands you can. Then there’s the Fantasy Islands collection of fabricant attire and boats, including the obligatory superyacht. It’s still early days for the metaverse, whose quality and range of entertainment is constantly improving. For Fantasy Islands too, this is by no means the metaverse game’s final form. On the strength of the showing so far, however, there’s a lot to love. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
2 days agocryptodaily
Rich People Club is deleting a $100,000 NFT in a bear market.
Rich People Club, an NFT project with laughable stick figure art that looks like it was drawn by a three year old, promises to delete a bored ape. Bored Ape Yacht Club is a 4 BILLION dollar company, For the past year, Yuga Labs’ Bored Ape Yacht Club has been the leading NFT art collection in the NFT space. Their popularity is undeniable, with many celebrities supporting them like Snoop Dogg, Eminem, and Paris Hilton. Despite this bear market, an entry-level price of a bored ape comes to around $100,000 . Rich People Club knew that it would be an excellent idea to troll the giant. On Friday, Rich People Club announced to the world that they will be burning a Bored Ape NFT when they sell out their mint on October 7th, with a teaser video filmed on the cliff sides of Bali, Indonesia. Rich People Club presents itself as “an audacious parody on the snobbish and scummy elite” (via their website). Their out-of-the-box marketing style has helped them amass a dedicated fanbase and a community of thousands of loyal supporters. Shock-value marketing tactics have proven to flourish in the current crypto bear market. For example, “GodHatesNFTees” gained massive traction and followed with their staged anti-NFT protests at the NFT.NYC conference. We talked with Rich People Club, and they say they have been planning this for months behind the scenes, and dropping cryptic hints to their users. In July, they positioned a truck featuring a poll “Should we buy [or] burn” with a photo of a Bored Ape NFT (burn referring to the deleting the NFT, outside of the Bored Ape Yacht Club’s “ApeFest” an event featuring performances Lil Wayne, Eminem, Snoop Dogg, Lil Baby, Future, and more. They also hinted at it when they collaborated with “Apelist”. In this private alpha group of Bored Ape holders, they featured a gif of one of their stick figure NFTs beheading a Bored Ape with a sword. Rich People Club members explained to us that the Bored Ape stunt announcement is not the first time they have publicly displayed their sarcasm. A couple of weeks ago, they positioned themselves outside of the Blond, a notorious celebrity-filled club during New York Fashion Week, displaying some questionable slogans on their massive LED truck as well as a massive QR code stating “Scan if you are over 6 inches”. We reached out to the Rich People Club team and asked them how they will make this stunt reality. They said, “We are doing what no Blue-Chip NFT project has had the balls to do. A small fraction of our supporters have to put up just one nice dinner’s worth of crypto on October 7th, and that Bored Ape is gone forever.” The Rich People Club has a unique and interesting approach to marketing that has helped them attract a large community. By using humorous art and deleting the bored ape NFT, they have shown that they are not afraid to think outside of the box. This type of out-of-the-box thinking is sure to help them continue to grow their community and attract new members. Have you joined the Rich People Club yet? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
6 days agocryptodaily
Warner Music Group Announces Partnership with OpenSea
Record label behemoth Warner Music Group has announced a partnership with OpenSea, with the goal of helping its artists expand into Web 3.0. The record label conglomerate counts some of the biggest music names among its signed artists, including Ed Sheeran, Madonna, Dua Lipa, Cardi B, and more. Early Access To New OpenSea Products The partnership with OpenSea, the world’s largest NFT marketplace, will see artists signed with Warner Music gain early access to new OpenSea products. Additionally, artists will also receive improved discoverability on OpenSea, and access to dedicated and featured portions of the marketplace for any upcoming NFT projects. Artists signed with Warner Music Group will also receive support from the OpenSea team, who will help them expand their Web 3.0 fan base and onboard existing fan communities into the NFT space. Oana Ruxandra, Chief Digital Officer at Warner, spoke about the partnership, stating, “Our collaboration with OpenSea helps to facilitate these [fan] communities by unlocking Web3 tools and resources to build opportunities for artists to establish deeper engagement, access, and ownership.” First Collection In The Works The partnership’s first collection is already in the pipeline, coming from Warner Records, who have collaborated with celebrity chef Jeremy Fall’s web 3.0 startup, Probably Nothing. Fall has also confirmed that the debut collaboration between Warner Music and OpenSea will be NFT Label Passes for Probably A Label. Probably A Label is Fall’s Web 3.0 record label launched in partnership with Warner Records. NFT Label Pass holders will be able to license songs from an exclusive members-only music library and be able to create and own stakes in community-generated IP-backed virtual artists. They will also be able to attend exclusive live events such as artist meet and greet events and dinners with executives and also gain access to upcoming music drops from Probably A Label. Helping Reclaim Music Ownership Rights Probably A Label has stated that its mission is to harness Web 3.0 technology and enable artists and fans alike to reclaim music ownership rights. Fall has stated that Warner, one of the biggest names in the traditional music industry, is the ideal partner in this endeavor. Talking about Warner, Fall stated, “They are the type of major label that is trying to enter the space the right way and adapt to the current climate, what culture looks like now. They’re in favor of the artists and pushing the IP conversation forward.” More Benefits For Holders Music-related benefits are not the only thing NFT Label Pass holders are eligible for. The pass will also give holders access to Studio A and Studio B, IP incubators that allow users to leverage their blue-chip NFTs such as Cryptopunks and Bored Ape Yacht Club to pitch projects. Studios can then choose to develop, market, finance, and co-sign these projects. “It’s great that in the NFT space, people get IP ownership. But if you don’t know what to do with that, it’s pretty useless.” Other Record Companies Expanding Into Web 3.0 Other major record labels are also looking to expand into the Web 3.0 arena, increasing their presence and capitalizing on Web 3.0-related IP. Universal Group signed a deal earlier this year, allowing its signed artists to release NFTs on music-focused NFT marketplaces such as Limewire. Universal has also looked to push Beyonce’s producers, asking them to helm Kingship, a virtual band based on BAYC NFT artwork. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
8 days agocointelegraph
Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club
The Internet hacktivist group called on high-profile celebrities and big brands to speak up and take a stand.
10 days agocryptopotato
Blue Chip NFT Raffle Project ‘Bored & Lucky’ Joins Yuga Labs IP Ecosystem
[PRESS RELEASE – US, NY, 22nd September, 2022] As the Bored Ape Yacht Club (BAYC) continues to reign the NFT space and going well beyond towards the mass adoption, we see the rise of projects using the full potential of renowned jpegs – as BAYC owners have full intellectual property rights over their NFTs. Recently […]
14 days agocryptodaily
Discover Why Big Eyes Coin Is Attracting Apecoin & Dogecoin Investors
Even though the Big Eyes (BIG) token is still in the pre-sale phase, it has generated a lot of excitement in the cryptocurrency world due to its ambitious goals and the promise of substantial community benefits. This is in addition to any profits users may make from the meme token. We'll compare Big Eyes to Dogecoin and ApeCoin and discuss their respective merits. Dogecoin (DOGE) Strikes DOGE, or Dogecoin, was the first meme coin to hit the cryptocurrency market. It was initially seen as a joke amid a significant online trend in 2013, and it was based on the well-known "doge" Internet meme that featured Shiba Inu as its central character. The project's creators, Billy Markus and Jackson Palmer, set out to create a "fun cryptocurrency" that would find fans outside of Bitcoin's core community. Dogecoin (DOGE) failed to explode in popularity initially. Still, its remarkable growth and inflationary tendencies led to a 300% surge in value, attracting the attention of many cryptocurrency fans and owners, including Elon Musk. Peeling Off The Competition - Apecoin (APE) The ApeCoin token (APE) is a cryptocurrency associated with the Bored Ape Yacht Club and built on the Ethereum network (BAYC). More specifically, the BAYC is an NFT series produced by Yuga Labs, a Web3 firm, and it is widely considered among the most successful NFT projects ever. Jimmy Fallon and Eminem are among the notable collectors who have purchased items from the set, which has seen viral success. In the past, ApeCoin was distributed through airdrop to all Yuga Labs Project collectors; however, it may now be bought and sold on exchanges. APE was eventually accepted as the company's primary currency for use in all of its endeavors. Despite large swings in the token price, ApeCoin is more than a "meme coin" due to its utility within the APE ecosystem. Furthermore, all APE holders are welcome to participate in the ApeCoin DAO. A DAO decides various aspects of the ecosystem, such as funding, projects, collaborations, and governance rules. Melting Hearts, Increasing Wallets – Big Eyes Coin (BIG) The cryptocurrency Big Eyes (BIG) is actively marketing itself as a potential industry disruptor. It's the future of Meme Coins, and it's now being built on the Ethereum blockchain. When it comes to the Big Eyes (BIG) project, however, the focus is squarely on the individuals involved. Its goal is to facilitate the attainment of economic security for all of its users. Its long-term goals include humanitarian endeavors and the development of NFTs that will undoubtedly dominate the market. The Big Eyes team is now running a giveaway with a value of two hundred and fifty thousand dollars. If you want a chance to win some of it, click this link. Big Eyes expects to have nearly $2 million in the bank after the first week of the presale, so the company is getting ready to raise the price of its token by 25% when the second week of the presale comes to a close. Big Eyes Coin (BIG) Presale: https://buy.bigeyes.space/ Website: https://bigeyes.space/ Telegram: https://t.me/BIGEYESOFFICIAL Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
15 days agocointelegraph
Totality Corp CEO explains why India is still largely untapped for NFTs
Despite a strong emphasis on “social status” in India, holding a Bored Ape Yacht Club NFT there isn’t impressing anyone.
17 days agocryptodaily
Exciting crypto projects to look out for in Q4 of 2022
So far, 2022 hasn’t been too kind to the crypto ecosystem. After a $2-trillion market crash, Bitcoin HODLers are still struggling to maintain a stable price. But the FUD won’t last long. A potential saving grace for the crypto ecosystem, the highly-anticipated Ethereum Merge finally went live. The shift is expected to significantly cut Ethereum’s energy use, with the hope that it will make the technology more popular. Meanwhile, the SEC’s latest actions send clearer signals on how it plans to regulate crypto, a step in the right direction toward ensuring institutions continue to pour into the market. These developments signal what many industry experts already know: the bear market is temporary, and perhaps might end even sooner than expected. The summer months gave companies an opportunity to focus on building their ecosystems and prepare ahead for 2022’s sunset months. Here are five exciting ones worth following: Chains: Making every asset transactable Built by industry pioneers, Chains.com’s highly anticipated digital-assets exchange platform already boasts 500,000 pre-registered users in more than 100 countries, with more than 60 thousand applying to its native $CHA token whitelist during the presale phase. Chains token holders enjoy exclusive rewards and use a stack of solutions designed to help earn, trade, invest, and spend cryptocurrency without having to understand the underlying technologies. On Chains’ platform, users can trade crypto for practically anything of value. The company intends to release its most promising tool on the platform later this year, the Prism. A powerful analytics product, Prism empowers users to track cryptocurrencies, fiat currencies, equities, and commodities based on the preferred underlying asset. Mailchain: A viable Web3 version of email As crypto mongers rack up MetaMask wallets, Etherscan transactions, and accounts on various Web3 platforms, it can be hard to keep track of their Web3 lives the way they have clear records of conversations and transactions in their Web2 accounts—most often through email. Communication between Web3 wallets beyond transactions is virtually non-existent. Mailchain addressed this issue by launching its unified inbox built for seamless Web3 communication, leveraging an end-to-end encrypted email platform. Mailchain enables individuals, internal teams, and Web3 projects to send and receive messages between public blockchain addresses in one email inbox. Projects and creators can notify users or followers directly on important developments or on-chain activity, as vital updates and marketing messages can now be communicated directly to the intended audiences without being buried in a social media feed or messaging channel. Having recently completed a $4.6 million funding round in September, the platform will go live featuring communication and organizational tools empowering Web3 users and companies to track and categorize their activities across blockchain identities, protocols, and networks. Primex Finance: Making cross-DEX trading seamless High fees and a confusing user experience make it almost impossible today for investors to perform more sophisticated cross-DEX trading. Set to release its beta in late September, Primex.Finance will soon launch the first-ever cross-chain brokerage liquidity protocol enabling cross-DEX spot-margin trading. As lenders provide cross-chain liquidity to pools used for trading, they benefit from higher yield rates compared to other lending protocols as a result of the interest generated from margin fees. The platform implements an AI-based trader scoring system, ensuring high-scoring traders can survive high volatility and save their positions even when they’re approaching the liquidation price. XBO: Onboarding all investors to crypto XBO.com’s engaging UI and ease of use make the exchange platform forthcoming to crypto veterans and newcomers alike. With cutting-edge verification measures speeding up the loading process, XBO.com sets itself apart from traditional exchanges by focusing on onboarding new investors to the ecosystem. XBO.com has partnered with state-of-the-art firms, such as Fireblocks and Chinalysis, in order to protect its users’ digital assets. Following a series of pre-release events, the exchange platform offered newcomers special rewards, including an interesting opportunity for Bored Ape Yacht Club (BAYC) owners to become the platform’s brand ambassadors and win $100 thousand. XBO is working toward offering engagement-based rewards to constantly make crypto trading alluring, as well as leverage a referral system to grant users the opportunity to make a profit while maximizing engagement. EQIFi: Shopping with staking rewards EQIFi, the only regulated global DeFi services platform backed by a digital bank, is working with Shopping.io to empower investors on its platform to spend their staking rewards on real-world products at retail behemoths like Walmart, Amazon, and eBay. The idea is to not only empower users to grow the value of their $EQX tokens on the EQIFi platform but to go the extra step of letting them use it as a currency for tangible products. The collaboration with Shopping.io grants EQIFi users limited free international shipping and discounts on all orders for a certain period of time. Backed by EQIBank, a licensed digital bank, EQIFi users can pay for a number of services in crypto with a credit card, take loans, and engage in peer-to-peer transfers. The platform’s relationship with EQIBank cements the familiarity and reliability of traditional banking in the world of DeFi. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
17 days agocryptodaily
FTX Secures European Investment Firm License
Cryptocurrency exchange FTX announced on Thursday that its European division, FTX Europe, obtained a license to operate as an investment firm in the region. FTX said on Thursday via a statement that its European division has received a license to operate as an investment firm in the area. The crypto exchange is the only one to have been awarded permission to provide a full suite of exchange services under a full Markets in Financial Instruments (MiFID II) license. FTX Europe was granted a Cyprus Investment Firm License by the Cyprus Securities and Exchange Commission (CySEC) which requires it to meet the standards set forth in the European Union’s MiFID II directive. Patrick Gruhn, head of FTX Europe commented on the news: After launching our European operations earlier this year we're excited to receive approval from the regulators inCyprus. Operating under this license will further our goal of being a European entity regulated to the highest standard. We look forward to continuing our productive relationship with CySEC as we continue to expand our European offerings. The license allows FTX to provide services to the entire European Economic Area which includes the European Union, Iceland, Norway, and Liechtenstein. FTX CEO Sam Bankman-Fried said in a statement: Securing this license in the European Union is an important step in achieving our goal of becoming one of the most regulated exchanges in the world. We are continuing to work with CySEC and regulators across the globe to be the leader in the digital asset industry when it comes to meeting the financial standards that are expected of traditional financial institutions. U.K. Regulator Warns FTX Is Operating Without Authorisation While FTX enjoys licensing approval in most of Europe, Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about the exchange operating in the U.K. without the proper authorisation. The regulator said: Almost all firms and individuals offering, promoting or selling financial services or products in the U.K. have to be authorized or registered by us. The FCA published a warning regarding the exchange on its website merely a day after it announced it had successfully obtained a license to operate in the European region, and said that it believed that the firm may be providing financial services without necessary authorisation from the authority. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
22 days agocryptodaily
Inery Acquires Investment From Metavest at $128m Valuation
Singapore, Singapore, 14th September, 2022, ChainwireInery a decentralized data management system, has announced that it has secured an investment from web3-focused blockchain VC firm Metavest in the first week of September at the valuation of $128m Inery is a decentralized data management system bringing DB to Web3. It provides low-cost, reduced latency, secure, and tamper-resistant solutions for data management. The data management system aims to ensure users, including gamers and businesses, retain control of their data in the metaverse via owner-controlled data assets. Based in Singapore, Inery has branch offices in Switzerland, Dubai, and Serbia - a truly multicultural company, relying in full on the strength of its in-house teams. Since its inception, Inery has attracted the attention of the blockchain industry due to its elegant solutions for one of the main issues of Web3 - database decentralization and security. Inery’s use cases can be applied to diverse sectors, including governments, enterprises, aviation, GameFi, healthcare, and metaverse. It provides a potential cross-chain solution for users to interact with their data assets in the entire metaverse domain using its DB solution. The project rolled out its first public testnet on August 10, 2022, preceding its upcoming launch, and is also scheduled for listing at the end of the third quarter of 2022. Through this funding, Inery aims to expand its use cases—particularly in GameFi, where the company seeks to explore the full potential of the booming gaming industry with verified digital ownership of assets. Additionally, Inery aims to build a space for its users to seamlessly create and share NFTs. Metavest has previously invested in and made strategic partnerships with several successful blockchain projects. Their investment portfolio includes Concordium, CasperLabs, Coinlist, Gala Games, Bored Ape Yacht Club, Splinterlands, Star Atlas, Duelist King, Nakamoto Games, Ember Sword, and more. “Inery is very selective when it comes to new partnerships and collaborations. We aim to become a pillar of Web3, which is why when Metavest showed interest in our project, we were more than happy to partner with a Metaverse and NFT-focused platform. We believe that Inery and Metavest can extensively help each other reach both companies’ goals'' said Inery CEO and co-founder Dr. Naveen Singh. Inery will list its token in Q3 of this year (2022). Visit the company’s website and follow its official social media accounts to learn more. About Inery Inery is a proprietary layer-1 blockchain and decentralized data management solution. The network enables a decentralized, secure, and trusted foundation for database management by leveraging blockchain technology. It integrates blockchain functionalities and distributed database properties to create a paradigm shift in data access, storage, and management. About Metavest Metavest Capital is a blockchain VC firm, focused on Metaverse and NFT gaming projects. Their core investments include play-to-earn games, digital tokens, and in-game assets. It offers capital, strategy, and advisory to a variety of exciting new projects within this growing ecosystem. ContactsDirector of Marketing & PRTijana D GertnerINERY PTE. [email protected]
24 days agocryptodaily
ApeCoin (APE) and Shiba Inu (SHIB) Holders Flip to The Hideaways (HDWY) After Getting Bearish Forecasts
ApeCoin (APE) and Shiba Inu (SHIB) posted big gains following the recovery in the broader crypto market on Friday last week. Despite this, analysts warned investors that an upcoming sell-off could leave a painful dent in their portfolios. Meanwhile, The Hideaways (HDWY) has recently become a presale superstar. Their Gold tier membership is generating huge hype. A $10,000 investment secures you access to a luxury concierge service worth $50k a year, a complimentary 1 week 5* holiday including flights, a limited-edition NFT and more! ApeCoin (APE) Suffering in Bear Market? ApeCoin (APE) visited a two-week high just above $5 after jumping 16% in the last 24 hours. The Bored Ape Yacht Club’s native coin's recent performance is thanks to the revival of investors’ optimism for cryptocurrency after Bitcoin moved past an important resistance level at $21,000. But analysts are not keeping hopes up for a steady price recovery for APE. The coin has been trading at $4, barely giving investors gains since the beginning of September 2021. APE price retraced to $5.01 on Saturday after failing to breakout past a resistance found at $5.50. Investors are seemingly turning their back on APE in favor of tokens such as The Hideaways - a project offering huge VIP membership rewards. What’s worse, the Bored Ape Yacht Club NFT floor price dropped to an eight-month low in August. It fell to 65.68 ETH from an all-time high of 153.7 ETH which is a sign that APE is packed with volatility that could further bring its price down this month. SHIB Prices Being Manipulated By Whales Shiba Inu (SHIB) is trading at $0.0000130 and made a 6.11% gain in the last 7 days. But on-chain analysis reveals that increased whale activities this week are the only reason behind its recent hike. Analysts have seen an increased concentration of whale trades amounting to over $1 million in the last 48 hours. One wallet added $22 million worth of SHIB which made the account holder the 6th biggest SHIB holder to date. If whale activities continue, we can see the meme coin taking prices higher to the $0.0000150 level. But if these big investors decide to sell early, a retracement to $0.0000090 is possible. While Shiba Inu (SHIB) is still trading at a decent price, analysts have advised traders to take profits and reinvest. The Hideaways (HDWY) has been getting market attention lately on the back of its incredible VIP membership scheme and potential to generate gains of 4,000% in 2022 alone. The Hideaways (HDWY) Gives Huge VIP rewards With property prices increasing drastically every year, The Hideaways gives crypto investors the chance to be invested in a portfolio of luxury properties situated around the world. These properties generate huge monthly income for investors and the HDWY token is set to take off in 2022 as a result. Analysts have predicted a 100% price rise this week, with the price set to continue rising. This could be the best investment of 2022. The Hideaways (HDWY) is generating huge hype amongst investors due to its VIP scheme. Their Gold tier, available with a $10k investment, offers incredible rewards and with minimum investments of $20k and $50k, their Platinum and Diamond tiers make for truly remarkable reading! With an imminent price rise, you’d be wise to get in sooner rather than later! Website: https://www.thehideaways.io Pre-Sale: https://ticket.thehideaways.io/register Telegram: https://t.me/thehideawayscrypto Twitter: https://twitter.com/hdwycrypto Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
28 days agocryptodaily
Uniglo (GLO) Vault will Back Value with Cryptos and NFTs Like Bored Ape Yacht Club
Cryptocurrencies in the decentralized finance (DeFi) space are borne out of a combination of advancements in blockchain technology and the need for alternatives to fiat. The world has long relied on fiat money as its currency. However, while fiat used to be backed by gold, today it is no longer backed by anything. One of the main problems that this created is having no limit to fiat money issuance, which could lead to hyperinflation. Today, however, cryptocurrencies are available. Cryptos can be developed with a fixed supply and managed with a disciplined approach to issuance and distribution. A special asset class within cryptos, however, wants to additionally address the volatile pricing in the market by backing their currencies with assets. Within this asset class is Uniglo(GLO), a new decentralized project that will be underpinned by digital currencies and non-fungible tokens (NFTs) same as Bored Ape Yacht Club, Pax Gold (PAXG), and Bitcoin (BTC). The Uniglo Asset Vault Underpinned by digital currencies and digitalized, real-world and rare NFTs contained in a special community vault, Uniglo’s GLO token is designed to withstand market fluctuations and price volatility. The amazing selection of assets within its vault will also drive the demand for GLO such that when the community starts to burn GLO tokens repurchased from the secondary market, the price of the token will soar. GLO essentially returns to a model that is backed by tangible assets. Rather than applying the gold standard, however, Uniglo will create and manage a Vault filled with valuable digital and digitized assets. With this kind of mixture, Uniglo can hedge against market instability but at the same time take advantage of the speculation-based growth of digital currencies. Bored Ape Yacht Club The Uniglo Vault could include Bored Ape Yacht Club, which is a collection of 10,000 unique digital collectibles on Ethereum. This collection has a very strong brand identity, which it could potentially use as a stepping stone toward building a legitimate section of the metaverse. This collection recently made headlines when big-time rappers Eminem and Snoop Dogg gave their performance of their song "From the D 2 The LBC" through a Metaverse-inspired animated video that featured Bored Ape Yacht Club NFTs. Pax Gold (PAXG) Pax Gold is also similar to Uniglo because it is asset-backed. One PAXG represents “one fine troy ounce of a London Good Delivery gold bar.” The issuers of PAXG, Paxos, essentially want to offer exposure to gold markets without relying on derivative products. PAXG is, therefore, pegged against gold assets while Uniglo’s GLO could be pegged to gold and other real-world collectibles. This means Uniglo can incorporate Pax Gold into its vault. Bitcoin (BTC) To maximize the earning potential of GLO, Uniglo will also purchase digital currencies that are speculative and not necessarily backed by real-world assets. Uniglo will purchase assets such as Bitcoin which are speculative and volatile but have a track record of price surges that could generate massive wealth for GLO holders. Final takeaway The Uniglo project is essentially an optimized approach to earning from cryptocurrency and digitized assets, hedging against crypto volatility while keeping itself stable with traditionally appreciating real-world assets. It is an ideal investment for long-term wealth accumulation and asset ownership. Find Out More Here: Join Presale:https://presale.uniglo.io/register Website:https://uniglo.io Telegram:https://t.me/GloFoundation Discord:https://discord.gg/a38KRnjQvW Twitter:https://twitter.com/GloFoundation1 Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
29 days agocryptodaily
Uniglo (GLO) Vault will Back Value with Cryptos and NFTs Like Bored Ape Yacht Club, Pax Gold (PAXG), and Bitcoin (BTC)
Cryptocurrencies in the decentralized finance (DeFi) space are borne out of a combination of advancements in blockchain technology and the need for alternatives to fiat. The world has long relied on fiat money as its currency. However, while fiat used to be backed by gold, today it is no longer backed by anything. One of the main problems that this created is having no limit to fiat money issuance, which could lead to hyperinflation. Today, however, cryptocurrencies are available. Cryptos can be developed with a fixed supply and managed with a disciplined approach to issuance and distribution. A special asset class within cryptos, however, wants to additionally address the volatile pricing in the market by backing their currencies with assets. Within this asset class is Uniglo (GLO), a new decentralized project that will be underpinned by digital currencies and non-fungible tokens (NFTs) same as Bored Ape Yacht Club, Pax Gold (PAXG), and Bitcoin (BTC). The Uniglo Asset Vault Underpinned by digital currencies and digitalized, real-world and rare NFTs contained in a special community vault, Uniglo’s GLO token is designed to withstand market fluctuations and price volatility. The amazing selection of assets within its vault will also drive the demand for GLO such that when the community starts to burn GLO tokens repurchased from the secondary market, the price of the token will soar. GLO essentially returns to a model that is backed by tangible assets. Rather than applying the gold standard, however, Uniglo will create and manage a Vault filled with valuable digital and digitized assets. With this kind of mixture, Uniglo can hedge against market instability but at the same time take advantage of the speculation-based growth of digital currencies. Bored Ape Yacht Club The Uniglo Vault could include Bored Ape Yacht Club, which is a collection of 10,000 unique digital collectibles on Ethereum. This collection has a very strong brand identity, which it could potentially use as a stepping stone toward building a legitimate section of the metaverse. This collection recently made headlines when big-time rappers Eminem and Snoop Dogg gave their performance of their song "From the D 2 The LBC" through a Metaverse-inspired animated video that featured Bored Ape Yacht Club NFTs. Pax Gold (PAXG) Pax Gold is also similar to Uniglo because it is asset-backed. One PAXG represents “one fine troy ounce of a London Good Delivery gold bar.” The issuers of PAXG, Paxos, essentially want to offer exposure to gold markets without relying on derivative products. PAXG is, therefore, pegged against gold assets while Uniglo’s GLO could be pegged to gold and other real-world collectibles. This means Uniglo can incorporate Pax Gold into its vault. Bitcoin (BTC) To maximize the earning potential of GLO, Uniglo will also purchase digital currencies that are speculative and not necessarily backed by real-world assets. Uniglo will purchase assets such as Bitcoin which are speculative and volatile but have a track record of price surges that could generate massive wealth for GLO holders. Final takeaway The Uniglo project is essentially an optimized approach to earning from cryptocurrency and digitized assets, hedging against crypto volatility while keeping itself stable with traditionally appreciating real-world assets. It is an ideal investment for long-term wealth accumulation and asset ownership. Find Out More Here: Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
43 days agocointelegraph
Hodl until mega yacht: Mintable founder shares crypto journey
Zach Burks said that his goal was to collect ETH and never sell until he can afford a mega yacht.
45 days agocryptopotato
BAYC Floor Price Crashes to 67 ETH, Lowest in 8 Months
NFTs from the Bored Ape Yacht Collections have their floor prices reduced to levels not seen since the early days of January 2022.
49 days agocryptopotato
BAYC Sales Soar 100% Overnight as Ape #5383 Sells For $1.45 Million
The Bored Ape Yacht Club collection saw an increased number of both sales and traders over the past 24 hours.
52 days agozycrypto
Hacktivist Group Anonymous Sets Its Sight On Yuga Labs Following Recent Accusations
Hacktivist group Anonymous in a 2-minute 32-second YouTube clip released on Sunday on their channel, revealed that they would investigate the creators of the Bored Ape Yacht Club collection. It comes as accusations persist that Nazi symbolism, racist representations, and anti-semitic ideas have been integrated into the collection. “…anonymous wants to take the time to […]
58 days agonulltx
Bittrex Cryptocurrency Exchange Review 2022
What Is Bittrex Bittrex Global is a cryptocurrency exchange that targets traders who already have a significant amount of experience in the industry. They started their business in 2011 and were based in Seattle, which is situated in the state of Washington in the United States; however, they have since moved their activities to Lichtenstein, […] The post Bittrex Cryptocurrency Exchange Review 2022 appeared first on NullTX.
65 days agocointelegraph
Google AI turns all 10,000 BAYC NFTs into machine-made art
Google cloud-computing AI recreated Bored Ape Yacht Club NFTs into machine-made paintings.
69 days agocoindesk
KuCoin Claims Bragging Rights as First Exchange to Offer NFT ETFs
Cryptocurrency exchange KuCoin is offering retail investors fractional ownership of top non-fungible tokens (NFTs) such as Bored Ape Yacht Club (BAYC) in the form of an exchange-traded fund (ETF) available to its customers.
70 days agocoindesk
ApeCoin Proposal to Fund 24-Hour BAYC News Site Wins Community Approval
Ape Coin, the native token of the Bored Ape Yacht Club ecosystem, has approved a proposal that will fund a 24-hour crypto news website.
76 days agocryptopotato
Bitcoin Dropping to $20K Was the Nail in the Coffin for 3AC, Founders Share
Zhu and Davies rejected all rumors accusing them of spending clients' money for luxurious purchases such as expensive cars and yachts.
98 days agocointelegraph
Ronaldo partners with Binance: Nifty Newsletter, June 22–28
Eminem and Snoop Dogg switched between themselves and their Bored Ape Yacht Club characters in their newest music video.
100 days agocoindesk
Accelerate Financial Launches NFT Fund, Sees Prices Bottoming
Accelerate’s NFT fund will own a mix of NFT collections including CryptoPunks and Bored Ape Yacht Club.

About Countinghouse

The live price of Countinghouse (CHT) today is ? USD, and with the current circulating supply of Countinghouse at ? CHT, its market capitalization stands at ? USD. In the last 24 hours CHT price has moved -0.1621 USD or -0.09% while 9,367 USD worth of CHT has been traded on various exchanges. The current valuation of CHT puts it at #0 in cryptocurrency rankings based on market capitalization.

Learn more about the Countinghouse blockchain network and how it works or follow the price of its native cryptocurrency CHT and the broader market with our unique COIN360 cryptocurrency heatmap.

Countinghouse Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply? CHT
Max SupplyNo Data
Yesterday's Market Cap? USD
Yesterday's Open / Close1.87833 USD / 1.71623 USD
Yesterday's High / Low2.23078 USD / 1.57515 USD
Yesterday's Change
-0.09% ( 0.1621 USD )
Yesterday's Volume9,367 USD
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