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​2021 is known as the first year of NFT. Axie Infinity started the NFT and GameFi wave on this summer. Since then, P2E games with NFT as its core asset have occupied the market rapidly and NFT encryption game has entered a high-speed development stage. With development, Axie’s bubble problem begin to emerge. Due to the lack of a good token closed-loop and deflation mechanism, the players’ income can not be guaranteed, which makes the whole blockchain game play criticized and limits its own development. At the same time, game…

Designer of the Li-Ning “Way of Wade” created NFT (Wizard Shop in ESSENCE), Had an Auction on Poly International Auction with the Final Transaction Price of RMB 1,127,000(USD$174,458) at Sep 26. The Surrealistic NFT Work of the Magic World under the “Essence” Series, released by Designer of the Li-Ning “Way of Wade” Big Joe, has successfully completed the NFT debut at Poly Auction and achieved great success, drives new trend of sports NFT.  It is worth mentioning that the NFT work titled Wizard Shop in ESSENCE displayed at the Poly auction…

According to Token Terminal data of data statistics company: Axie Infinity’s one-day revenue was $18.48 million, its monthly revenue was $334 million, and its market value reached $4 billion within 3 months. Its ecological token AXS also rose 46 times in just 3 months, from about 2 USDT in June to the highest 94.8 USDT. Axie Infinity is taking the spotlight. According to the latest data from Coingecko, AXS is currently worth around 66 USDT and is still going up. The popularity of AXIE has undoubtedly opened up a good traffic portal for the game…

zkTube is the most advanced scaling solution on Ethereum Layer 2. It has adopted ZK-Rollups that run computations off-chain and submit the validity proof to chain to provide low gas fees, higher transaction throughput for Ethereum, mainnet security, and extra privacy. It has gathered a lot of attention from over 80 countries since its launch in 2020.  And the mainnet will be launched on 10th, September, 2021. zkTube Mining Mechanism is Launched zkTube team is continuously working and achieving several milestones. The zkTube mining mechanism has launched. zkTube is the only…

The popularity of blockchain continues to spread around the world, and it has evolved from a trend to a mark of an era. It has brought major technological innovations with features such as decentralization, immutability, trustlessness, collective maintenance, database reliability, open source, and privacy protection. Blockchain is advancing a new round of business model changes. Combined with the development trend of quiz entertainment, from 2008 to 2022, the rise of quiz entertainment applications, including Tencent, NetEase, Instagram, etc., is a landmark turning point for WEB3.0 quiz entertainment to truly replace…

A co-founder of Tether, the $41 billion company behind the tether (USDT, -0.02%) stablecoin, said the company and its reserves should be audited at least quarterly, and maybe even monthly. “Every time you print a tether, you should have a dollar being added to that cash pool,” said William Quigley, who left the project in 2015 and now runs the non-fungible token (NFT) exchange WAX. “Audited once a month, once a quarter.” The comments on CoinDesk TV come after Tether last month agreed to a $18.5 million settlement with the New York Attorney General on charges of an…

Bitcoin’s price has nearly doubled this year, but the rally could have room to run. That’s based on a new report by Coin Metrics, a cryptocurrency data firm, which shows bitcoin (BTC) is not at an extreme relative to the previous market top in 2018. The MVRV ratio is a measure of bitcoin’s market value relative to its realized value. The gauge represents the difference between the cryptocurrency’s current price and the average price at which bitcoins were acquired. When it reaches an extreme, the thinking goes, traders might be inclined to take…