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Coinbase, one of the leading cryptocurrency exchanges, made an official debut of its NFT marketplace. The long-awaited platform has gone live in beta version after months in the works. A Social Network for Web3? The US largest exchange has joined the NFT foray since October last year, confirming plans to build its own NFT marketplace called Coinbase NFT. The move was considerably embraced by the crypto community and Coinbase’s users, with the number of registers topping 3 million at the time of announcement. Despite having a huge public support, the construction of Coinbase NFT has taken a long period of time, leaving people questioning the official date of release. NFTs Continue to Grow The NFT marketplace beta finally came on Wednesday in a public post share on Coinbase’s official Twitter account. The new platform, according to Sanchan Saxena, the company’s vice president of product, “is more than just buying and selling…It’s about building your community. It is about makin...

On April 15, a popular blockchain game, Splinterlands , recorded 2.32 million daily rentals which is also a remarkable milestone in the history of NFT rentals. Splinterlands is a blockchain game in which players use digital trading cards to earn money. It appears to be a very popular platform. Splinterlands NFTs cards are limited in supply. Each player needs to own NFTs cards which are used on the battleground. There are various play-to-earn activities available on the platform for players to earn rewards. Becoming A Successful Pioneer in The NFT Rental Market Hitting the market in July 2021, the blockchain game was a pioneer that launched rental markets for NFTs. One of the most favorite features of the play-to-earn gaming platform is card rentals. In the game, players can earn money by using their preferred cards. Not only does it allow owners to play for cheap, but it also allows owners to earn extra income from lending their digital cards to other players. As such, player...

Decentralized public blockchain Orbs announced that Tetra , its official staking wallet, has been added to popular platform dAppRadar . The news was made through the team’s blog and social media account. The listing is expected to be a landmark move for Orbs, increasing their global awareness and paving the way for widespread adoption. What does that mean to Tetra? Being featured on dAppRadar means you’re getting close to a big client base, as the platform attracts an average of one million unique visitors every month. In short, this is great for the platform. It also makes it easier for users to get information about Tetra, such as GitHub links, social links, rating, team details, roadmap, and so on. In exchange, the staking wallet may earn the credibility of dAppRadar’s consumers. A Big Move Up For Orbs dAppRadar has also started tracking the Orbs staking smart contracts that have been implemented throughout the Polygon and Ethereum blockchains. Orbs Protocol announced the d...

Following the successful fundraising last week, the AI quant-based liquidity aggregator is on track for a major strategic collaboration with a prominent name in the industry – Polygon. FLUID Makes it Faster The liquidity aggregator FLUID has announced its partnership with blockchain giant Polygon (MATIC) to provide super-fast, low-cost transaction solutions for users. Polygon, the popular Ethereum scaling platform, will serve as FLUID’s primary DeFi chain. Polygon network is in its golden age. Since the beginning of 2022, the DeFi ecosystem on Polygon has seen remarkable expansion, particularly in decentralized finance and NFT. The Ethereum layer-2 solution has a lot of promises, such as strong scalability, a seamless user experience, and ultimate security with consistent support. Polygon is now home to over 130 million addresses, over 700 decentralized apps developed on top of the network, and more than 3.4 billion transactions. A Solid Base for More Growth The goal of this ...

Since its peak in 2021, the non-fungible tokens (NFTs) phenomenon seems to be on a downturn. All signs, from NFT market trading volume to public interest to fraud concerns, provide conducive conditions for the trend to be considered to be decreasing. However, a new branch of NFT, especially Play-to-Earn, has emerged and taken the cryptocurrency market by storm, called Move-to-Earn. Solana’s StepN Gains Traction Move-to-Earn is an expanded version of Play-to-Earn that integrates three factors: GameFi, SocialFi, and NFT. The associated initiatives seek to promote a healthy lifestyle, and users will be rewarded for completing the application’s tasks. The movement rapidly acquires popularity as a result of its services, benefits, and genuine values. StepN has also witnessed a significant increase in monthly active users since its debut. This figure has risen from 1,500 persons in January to more than 100,000 in March. Amongst the Move-to-Earn projects having risen lately, StepN is...

Nearly everyone would agree that the crypto industry has skyrocketed over the past decade or so, and one project in particular that has been gaining considerable traction is Cardano (ADA). Specifically, there is one aspect about Cardano that must be discussed, namely Cardax. In particular, we need to talk about Cardax Academy, an education platform that aims to give back to the Cardano community. What is Cardax? Cardax looks to establish itself as one of the strongest decentralized exchanges (DEXs) on Cardano and is a leading influence behind DeFi development in the Ethereum alternative. Cardax is considered as a top DeFi initiative on Cardano, with more traders eager to participate in the sector as time goes on. To that end, Cardax claims to offer the solution to today’s ever-present concurrency issues, which is a common problem in this space. As a result, it has developed a new general-purpose algorithm that may be capable of fixing any concurrency-related problems with Cardano’...

The decentralized finance ecosystem attracts much attention due to its high reward potential and passive income opportunities. Having one-stop solutions to access everything the industry offers is essential. CakeDeFi checks many of the right boxes in that department, making it one of the more accessible solutions in the industry. The Success of CakeDeFi It has been an exciting period for CakeDeFi since the platform hit the market. Its team has always envisioned a platform where DeFi enthusiasts can find everything they need. But, more importantly, they can experiment with the various decentralized finance products and services regardless of technical knowledge. Cryptocurrency and blockchain have a steep learning curve, and CakeDeFi makes it easier to get acquainted with everything. CakeDeFi focuses on transparent products and services with high returns at its core. Catering to the needs of both novices and experienced users is essential. There are guides on how to purchase cryptoc...