Pulse Valley: Combining Online Gaming and DeFi for Exciting Investment Opportunities
Pulse Valley (PVC) is a project that seeks to revolutionize the world of cryptocurrency and redefine the way we experience online gaming and decentralized finance (DeFi). It combines the best of both worlds, offering exciting opportunities for investors and gaming enthusiasts alike.
STAR DUKE: Can a Strong DeFi Model Unlock the Prosperity of GameFi?
Star Duke is a blockchain game that combines DeFi and NFTs to create a unique Play-to-Earn (P2E) metaverse.Overall, Star Duke offers an immersive DeFi-powered gaming experience with a focus on sustainability and community involvement.
SuperRare's NFT Marketplace Takes Over New York Gallery for Two-Month Exhibition Highlighting Importance of Immersive Physical Spaces for Digital Art
SuperRare, a curated NFT marketplace, is hosting a two-month exhibition at the 0x.17 gallery in New York to showcase the importance of bringing NFT artwork into physical spaces. The exhibition will feature works from over 20 SuperRare artists, including a solo show from AI artist Claire Silver titled "Artifacts". The exhibition aims to encourage conversation and interaction between attendees and will be designed to be a comfortable place to hang out. SuperRare's founder, John Crain, stressed the importance of bringing digital art out from the confines of a computer and into physical spaces to humanize the experience and restore human connection.
Professional Bowlers Association Launches NFT-Based Awards Program for Bowling Achievements
The Professional Bowlers Association (PBA) and Bowlero have launched League Bowler Certification (LBC) Awards, which are NFT-based honors to recognize bowling feats. These digital awards cannot be traded or sold once received, making them soulbound tokens. The PBA will use a dedicated Avalanche subnet to handle the digital awards for bowlers, which insulates it from potential congestion or issues with the broader network. The program will comprise NFT awards for achievements such as a league player bowling their first 200-score game, a perfect 300 game, a series of 700 or 800 total points, or notching a game with either 50 or 100 points over the player’s average.
Bitcoin Frogs: Making Waves in the NFT Market with $2.2M in 24-Hour Trading Volume
Bitcoin Frogs, a collection of 10,000 unique frog-themed NFTs, has quickly gained popularity in the NFT market, surpassing $2.2 million in 24-hour trading volume. The collection was launched on the Bitcoin Ordinals platform in late February and has generated impressive trading volume, surpassing Solana by over $30 million in the past seven days alone. Each NFT has a current floor price of 0.115 BTC ($3,129) and recent transactions reveal a significant market potential. Bitcoin Frogs owes its success to the powerful infrastructure provided by deezy.io, which supports businesses, node runners, creators, and collectors alike.
Blend NFT Lending Platform Surpasses 100,000 ETH Milestone, Cementing Market Leading Position
Blend NFT Lending platform has achieved a remarkable milestone by recording over 100,000 ETH in total volume within days of its launch. The platform's unique proposition of using NFTs as collateral for Ethereum-based loans has attracted a diverse range of borrowers and investors, contributing to its rapid growth. Blend's fee-free structure for both borrowers and lenders has resonated well with users, offering them a cost-effective and efficient lending experience. The inclusion of popular NFT collections like Bored Ape Yacht Club (BAYC) has fueled trading volumes and further solidified Blend's position as a top marketplace for NFT enthusiasts. With its innovative approach, Blend continues to disrupt traditional lending norms and drive innovation in the fast-growing NFT ecosystem.
Top NFT Collections of 2022 Lose Their Shine as Floor Prices Fall
The nonfungible token (NFT) market has been struggling this year, with several popular collections experiencing significant drops in floor prices. Despite the overall crypto market gaining 40% since the beginning of the year, NFTs have failed to follow suit. Even some of the biggest and most popular collections from last year, such as Doodles and Moonbirds, have seen their floor prices plummet by 90% and 94%, respectively. Sales volumes for NFTs have also declined by 84% from April 2022 to April 2023, according to CryptoSlam. However, Bored Ape Yacht Club remains the top-selling collection with $43 million in volume over the past 30 days.
Switzerland's NFT Innovation: Diverse Projects with Real-World Applications
Switzerland is at the forefront of NFT innovation, with organizations like NFT Think Tank and the Swiss Metaverse association leading the way. Despite the recent drop in NFT prices, Swiss startups, corporations, universities, and non-profit organizations are still experimenting with NFT technology and exploring its possibilities.
EU Approves Comprehensive Rules for Crypto Markets, Excludes NFTs
The European Union has approved the Markets in Crypto Assets (MiCA) regulations, which aim to regulate the largely unregulated cryptocurrency markets. The MiCA is part of a broader digital finance package called the Digital Operational Resilience Act (DORA), which seeks to protect the financial services sector from fraudulent activities.
Crypto Prices Stagnant as Conflict with U.S. Regulators Continues
This week, there were no significant developments in the ongoing battle between the SEC and the blockchain industry, resulting in stagnant crypto prices. While SEC Chairman Gary Gensler reiterated his agency's willingness to assist crypto companies in registering, opponents, including SEC Commissioner Hester Pierce, are challenging the SEC's position that existing securities laws provide clear enough guidelines for the industry.
