W3 Metaverse • DeFi • NFTs

2022-11-06 12:59:02 Satoshi Island: Citizenship NFTs are Being Flipped on Secondary NFT Markets

Satoshi Island could soon be a functioning community, thanks to NFTs currently being minted. NFT citizenships are already being bought and sold on secondary NFT marketplaces. And they definitely have some interesting benefits. Property developer Anthony Welch and his partner, Theresa, have lived on a 300-hectare island home for the past ten years.

Currently called Lataro Island, it is being transformed into Satoshi Island. While it is mostly virgin rainforest, the plan is to make it into a sustainable smart city, with apartments and offices. Welch told international media that they are trying to build a genuine community. “We’re not trying to develop and make a profit.”.Welch said that his business partners saw his island advertised for sale. He then withdrew it from the market to collaborate with his new partners.

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2022-11-05 18:30:08 Find Satoshi Lab, the parent company of the move-to-earn application STEPN, is releasing MOOAR, a membership-based, multi-chain NFT marketplace.

The addition of a marketplace helps the company to develop its self-sustaining ecosystem alongside the existing Stepn fitness app and DOOAR, a Solana-based decentralized exchange (DEX).

Creators intending to sell on MOOAR can set royalty fees between 0.5% and 10%, with a default rate of 2%.

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2022-11-05 11:29:51 Polkadex has released the Polkadex Orderbook decentralized exchange

Polkadex mainnet, Polkadex Orderbook is now open for trading. The revolutionary orderbook-based decentralized exchange (DEX) is set to be a game-changer for digital asset trading and DeFi. DEXs like Uniswap have changed the way in which cryptocurrency is traded by giving traders control over their own funds. However, the automated market maker (AMM) model popularized by such DEXs has been plagued with exorbitant transaction fees, price slippage, frontrunning, low interoperability, and limited functionality. While it may be riskier due to potential hacks and data breaches, many crypto traders still prefer to use the advanced trading features of centralized exchanges (CEXs), which are cheaper to use and offer high levels of functionality and interoperability.

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2022-11-04 17:08:02 Award-winning Metaverse pax world steps up economic development with launch of utility Token Paxw.

The award-winning metaverse pax.world announces the launch of its token $PAXW – a native token used to expand its rapidly developing ecosystem. Pax.world is a 3D world offering immersive, life-like experiences, including highly detailed business centres where real-life organisations can hold events, meetings, and AMAs.

The metaverse will also feature inspired designs from world-class architecture firms such as Grimshaw, which Pax.world commissioned to create one of four ‘metaserais’ – central gathering places for its citizens of pax.world. The $PAXW token, which runs on the carbon-neutral Polygon (MATIC) blockchain, will power the experience of pax.world citizens – rewarding them for in-world achievements.

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2022-11-04 11:08:02 Over 95% of tokens launched on Uniswap are scams – Research

About 97% of the crypto projects launched on Uniswap are rug pulls, according to a recent study titled “Do Not Rug On Me: Zero-Dimensional Scam Detection .”. The study undertaken by  Bruno Mazorra, Victor Adan, and Vanesa Daza suggests that the simplicity of Uniswap and its lack of regulation makes it easy for scammers to list non-valuable tokens on the platform. The study examined 27,588 tokens, of which 631 were deemed non-malicious, and 26,957 were deemed malicious. A total of 24,870 of the malicious are fast rug pulls, while 2,087 are not LP Burns.

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2022-11-03 15:13:02 With an increasing number of financial and political crises in recent years, Latin American citizens have found in crypto a powerful tool to cope with the instability. Now, non-fungible tokens (NFT) are booming in the region, with the goal of solving real problems and not speculation.

High inflation has led millions of Latin Americans to seek refuge in cryptocurrencies, with stablecoins leading the way. According to Mastercard, 51% of consumers in the region have made at least one transaction with crypto. Brazil, Argentina, Colombia and Ecuador are among the top 20 countries with the greatest crypto adoption, according to Chainalysis' 2022 Global Crypto Adoption Index.

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2022-11-03 11:13:02 The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five NFT marketplaces by 79%.

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2022-11-02 19:05:05 Visa filed two trademark applications to the United States Patent and Trademark Office (USPTO) related to digital wallets, non-fungible tokens and the metaverse.

Part of one of the applications applies for trademarks related to software for “management of digital transactions; use as a digital currency wallet and storage services software; use as a cryptocurrency wallet; managing and verifying cryptocurrency transactions using blockchain technology."

Second, for an application related to “providing temporary use of non-downloadable software for users to view, access, store, monitor, manage, trade, send, receive, transmit, and exchange digital currency, virtual currency, cryptocurrency, digital and blockchain assets, and non-fungible tokens (NFT)."

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2022-11-02 11:05:02 Uniswap v3 Launches TWAP Oracles On Ethereum’s Proof-of-Stake

Uniswap unveiled an innovation to bring scalability and solution to protocols. The new tool dubbed TWAP Oracles is an algorithm that provides information regarding the price of an asset. This is for developers who encounter setbacks when developing smart contracts fused with a Decentralized Finance (DeFi) protocol on Ethereum. The launch of Uniswap v2 was geared towards empowering mainnet builders to design decentralized on-chain TWAP Oracles, free from internal or external manipulation. Uniswap v3 extended included this with additional gas capabilities within TWAP Oracles.

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2022-11-01 18:54:02 LVMH’s Rimowa has partnered with Nike’s RTFKT to feature 888 – a symbol for financial prosperity and good luck – NFTs backed by limited edition physical luggage.

Rimowa will also unveil a range of digital assets like Avatar Wearables and Space Robot Worker NFTs with RTFKT to transport the physical suitcases function into the metaverse for the first time.

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