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Showing posts with the label -earn

Binance backs Zilliqa and Sei upgrades amid a new play-to-earn memecoin presale

Binance supports Zilliqa and Sei upgrades. Binance will ensure smooth transitions for users during ZIL and SEI network upgrades. Meme Moguls unveils play-to-earn fantasy meme trading game. In a surge of crypto developments, Binance has announced its support for the upcoming upgrades of Zilliqa (ZIL) and Sei (SEI) networks. The exchange will ensure a seamless transition for users during the network enhancements. Meanwhile, the crypto community is abuzz with the unveiling of Meme Moguls, a platform set to revolutionize meme trading, featuring a unique play- to -earn game that immerses users into the fantasy meme market. Zilliqa Network upgrade Zilliqa (ZIL), a prominent player in the crypto space, is gearing up for a significant network upgrade scheduled for January 3, 2024, at 12:00 PM Turkey time. To facilitate this transformation, Binance announces a temporary suspension of ZIL token deposits and withdrawals from approximately 11:00 AM (Turkey Standar...

Data Shows GameFi, Play-to-earn NFT Investors in 91% Loss Since 2022

GameFi and Play-to-earn NFTs saw the worst performance; a $1k investment in January 2022 is now worth only $90. Metaverse-based NFTs saw a slightly better performance. Art NFTs outperformed Blue Chips and Metaverse NFTs. In a recent tweet, Nansen, a prominent blockchain data analytic firm, highlighted the performance of art NFTs. It revealed that since January 2022, art NFTs have been the standout performers among various NFT sectors. The firm added that this NFT category surpassed even Blue Chips and Metaverse NFTs. However, despite their performance, Nansen noted that art NFTs experienced their fair share of market turbulence. In a series of tweets, Nansen elaborated on the performance of different NFT sectors. Since January 2022, art NFTs have been the best-performing ETH NFT sector They've done better than every other type of NFT, including Blue Chips and Metaverse NFTs, remember them? But they're down against the dollar… Let's take ...