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The Future Of Gaming NFTs; How SkinFlip Plans To Unite The World Of Gamers And Traders Through Their NFT Hybrid Marketplace

SkinFlip is going to revolutionize the world of gaming NFTs by developing a multichain NFT
marketplace for gaming assets.



#nft #skinflip #gaming #trading

Non-fungible tokens (NFTs) have been around for a couple of years. From the early days to CryptoPunks and CryptoKitties, which brought public awareness to NFTs, the world of NFTs has grown a lot. Lately, the NFTs have started growing popular within the gaming community, where video game assets are becoming NFTs. Each day, more and more NFT games are popping up as game developers have recognized NFTs as the future of gaming. Primarily, NFT games were developed by individuals and small video game studios. However, the success they have been experiencing has caught the eye of the established and long-standing video game studios that have recently announced the development of NFT games.

Furthermore, with the spread of smartphones, Android and iOS games developers have also started looking into the possibilities of playing NFT games on mobile devices. This has made game developers of established NFT games expand into the world of smartphones to reach a more global audience. All of this has, once again, proved that NFT games are not just a current niche in the world of NFTs and blockchain but that the NFT games are the actual future of video games.

#nft #skinflip #gaming #trading

This creates a world where gamers are acquiring tradeable NFTs. All gamers then need is a marketplace that will allow them to trade their NFTs from multiple video games, further enabling the play-to-earn (P2E) model. Thus, all gamers will have an opportunity to trade the video game assets they earned in the form of NFTs.

This is where SkinFlip comes in by providing a perfect solution for this issue, as the current NFT marketplaces aren’t specifically designed to trade video game assets. So, not only will the gamers have an opportunity to trade their video game assets, but NFT traders will also have the opportunity to look for their new investments, which will unite both gamers and traders on one platform, creating a one-stop-shop for all of them. However, SkinFlip will be more than just a marketplace for video game assets.

#nft #skinflip #gaming #trading

By developing a multichain NFT marketplace for gaming assets, SkinFlip will have the first-mover advantage. This will create a unique opportunity for SkinFlip to thrive when NFTs become a standard for the video game industry. SkinFlip is a strong advocate of open game economies and will vigorously push for NFTs to become the gaming industry standard. Furthermore, by providing a multichain marketplace, the users will trade NFTs from any blockchain. It will not focus solely on Ethereum’s NFTs, the so-called ERC-721 tokens, as most other NFT marketplaces support the NFTs from only one blockchain.

Ethereum, Solana, Flow, Binance Smart Chain, and Polygon are the leading blockchains for NFTs, and SkinFlip will be integrated with all of them. As more and more blockchains have smart contract capabilities, SkinFlip will monitor their development and incorporate them in the future. With a marketplace explicitly made for video game assets, there will be countless opportunities for gamers and traders to participate in trading those assets. SkinFlip will help them develop a marketplace for it by having the lowest fees in the industry, an easy-to-use platform, vetting projects to protect the users, integrating multiple blockchains, and much more. But, it won’t stop there.

#nft #skinflip #gaming #trading

SkinFlip Turtle NFTs are the native NFTs of the SkinFlip marketplace. This NFT collection brings utility and benefits to holders via NFT staking mechanisms. Each holder of the SkinFlip Turtle NFT will have its marketplace trading fee reduced, own all IP rights to the NFT, have early access to the marketplace and its future products, and access to SkinFlip DAO voting.

Oh, and the owners of SkinFlip Turtle NFTs will also earn passive income in the form of SkinFlip Exchange Tokens (SFX) by staking their NFTs. SFX is an SPL token and the native currency of the SkinFlip ecosystem. It is designed to be the foundation of our system, alongside our native NFT Collection SkinFlip Turtles. This means that SkinFlip will offer the marketplace for video game assets, its NFT collection, and its token. Similar to the SkinFlip Turtle NFTs, the SFX token will also provide utility to its holders.

#nft #skinflip #gaming #trading

For the opportunity to own a SkinFlip Turtle NFT, the SkinFlip team is organizing an Initial NFT Offering (INO) in December 2021. Each person will have an opportunity to mint a SkinFlip Turtle NFT, the so-called Flippy. Amongst all the participants, a random draw will decide which participants will be able to mint their SkinFlip Turtle NFT. Those who will be able to acquire SkinFlip Turtle NFTs can enjoy all the utility that those NFTs offer.

To learn more about SkinFlip or any of their products and projects, visit their website or join their community on Discord. To stay in touch with all the latest updates, follow their social media channels (links below).

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Could this trademark application indicate that PayPal is developing an NFT market? 

A trademark application for blockchain and cryptocurrency technology has been submitted by PayPal. Some claim that the file has something to do with Web3 and the metaverse, although it may be tied to an NFT marketplace.



A recent trademark application by PayPal has been found, and it suggests the development of a service pertaining to several facets of blockchain technology. The file, which was made on October 18, makes a notable allusion to the potential introduction of a non-fungible token (NFT) market.

For its logo, PayPal submitted two trademark applications. The first one concerns “downloadable software” for cryptocurrency trading and storage. The second discusses cryptocurrency-related payment processing services.

Although users may currently buy cryptocurrencies on PayPal’s platform, this filing suggests that there may be more to come. The concept of assets is substantially broader in the filing’s terminology. Mike Kondoudis, a trademark lawyer licensed by the USPTO, claimed on Twitter that this filing relates to NFTs and the metaverse.

Although there is no proof to support this, it would not be shocking if it were true. The finance business would be adding its name to a lengthy list of businesses that are starting to make inroads into the Web3 and metaverse spaces.

PayPal is investing more in cryptocurrency.
Over the past two years, PayPal has intensified its focus on cryptocurrencies. First, the company made a huge announcement for the industry by saying that consumers would be able to purchase cryptocurrency on its platform.

However, it didn’t start enabling users to move those funds into wallets outside of the network until recently. It indicated that it would roll out additional crypto-related features in the latter part of last year. One of those additions might be an NFT marketplace.

It teamed up with Coinbase’s TRUST network more recently. This was viewed by many as an endorsement of the sector. The TRUST network upholds consumer security and privacy while adhering to the banking industry’s Travel Rule.

Increased Criticism of Payment Giant
Additionally, PayPal has been in the spotlight for all the incorrect reasons. The business has recently come under fire for a contentious policy that penalized users for disseminating false information. Later, it claimed that false information was released with the amended policy. Crypto aficionados, however, were eager to point to this as evidence of the value of decentralization.

PayPal established a blockchain and cryptocurrency advisory committee earlier this year. According to the company’s management, working with governments is essential to overcoming obstacles and seizing possibilities.

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Seba Bank, a cryptocurrency company, aims to store valuable NFTs

Seba Bank, a cryptocurrency company, has launched its first NFT service, a blue-chip NFT-specific institutional-grade, certified, and independently audited hot and cold storage custody product.



The launch comes in response to requests from customers to keep their NFTs with the bank alongside other crypto assets, such as the already-approved Bored Ape Yacht Club, Cryptopunk, and Clone X NFTs. The bank stated that new collections would be added based on customer demand.

With its newest offering, Seba Bank seeks to entice investors who view NFTs as an asset class and crypto natives. Not your keys, not your bitcoin is a well-known phrase in the crypto sphere, and adherents of this maxim could object to having their Apes or Punks stored with a third-party custodian.

Urs Bernegger, co-head of markets and investment solutions at Seba Bank, however, highlights a growing group of NFT holders who are more at ease handing up their NFTs and private keys to a company.

They don’t want the key because they aren’t even aware of how to handle and store it. He claimed that they’re more concerned with damaging the key than giving it to a bank.

It’s a significant issue. Between 2.3 million and 3.7 million bitcoins, according to Chainalysis, are trapped in inaccessible wallets. Numerous accounts of people have lost millions owing to losing private keys, including Russian officials, students, and engineers. Families have also been prevented from accessing substantial quantities of money following sudden deaths in which wallet owners had not disclosed their private keys.

Bernegger asserts institutional custody can be advantageous for native crypto users as well. There has been an increase in businesses providing services that employ NFTs as collateral for conventional banking services like loans.

Seba Bank is thinking about implementing these features in the future. Based in the crypto-friendly Swiss town of Zug, the four-year-old bank already backs several investing, credit, lending, and staking options for cryptocurrencies and might extend them to NFTs.

“Instead of traveling to the market, for instance, we could create a club for collectors and assist them in finding other collectors. There are a few things we have in mind, but we laid the groundwork by storing NFTs securely at first, “explained he.

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The NFT album maker for Kings of Leon now includes a metaverse music venue

YellowHeart, a Web3 ticketing startup, is opening a metaverse music venue in an effort to transform how performers, teams, and event organizers distribute tickets and interact with fans.



The facility, constructed on Spatial, will feature Grammy-nominated blues musician G.Love as its opening act later this year. Fans can communicate with one another, participate in meet-and-greets before and after performances, and use several screens to view what is happening in various areas of the stadium simultaneously.

They will soon be able to order meals and drinks before the event, which will also be available as digital things.

The idea of an online concert has so far primarily been popularized by big gaming companies. The most well-liked virtual competitions have occurred on sites like Fortnite and Roblox. Ariana Grande’s Fortnite concert in August 2021 received 78 million viewers. Next month, Decentraland will host its second Metaverse Music Festival. Over 100 musicians are on the lineup, including well-known performers like Ozzy Osbourne and Soulja Boy.

In addition to throwing an event, YellowHeart, which assisted Kings of Leon in releasing an NFT version of their most recent album, stated that it hoped to accomplish more. It was established in 2017 with the lofty goal of revolutionizing the music ticketing sector as a whole, which has historically been dominated by powerful reselling organizations and exclusive ticketing relationships. These alliances frequently impose limitations on what purchasers can and cannot do with their tickets. Trying to resell a ticket for a concert you can’t go to might be a headache.

YellowHeart believes these issues can be resolved by returning control to artists and fans via web3 technology. Additionally, it may provide advantages that cannot be programmed into conventional tickets.

“These range from complete albums to personalized vinyl records, exclusive merchandise, and immersive visual art. Web3 tickets also allow performers to update fans on new tour dates, music releases, giveaway possibilities, and much more, according to the business.

It has already collaborated with well-known figures, including Julian Lennon, Maroon 5, and MGM Resorts. Contrary to the non-NFT versions offered on Spotify, iTunes, and other platforms, those obtained through YellowHeart entailed particular customer benefits.

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