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You Can’t Miss Out On These Breaking NFT Project Launches

Investors, collectors, gamers, and anybody else interested in obtaining unique products are still flocking to the NFT market.

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NFTs have seen a 2,500 percent rise in trading volumes in Q1 2021, and have achieved an overall valuation of over $2 billion on some platforms dedicated to trading Non-Fungible Tokens, therefore DeFi is relinquishing its role as the major hype-maker and volume-breaker.

The industry is becoming so popular that famous celebrities and venues are boarding the NFT bandwagon. This week, Miami will host an NFT BAZL as well as a two-day virtual NFT Summit focused on the sector and its possibilities.

With so much already happening and creating such a frenzy in terms of both technology and finance, it’s only natural to assume that the surge in NFT-related enterprises is heating up and promising to give a plethora of exciting ventures.

The following is a list of some of the more exciting NFT debuts that everyone should keep an eye on, salivating at the promises that the next items have to give in terms of top-notch entertainment and possible financial worth.

YooShi

Memecoin YooShi, a DeFi-oriented currency running on the Binance Smart Chain, is the first NFT project in the lineup. YooShi provides its holders with all of the benefits of decentralized finances that gamers and token holders have gotten accustomed to, in addition to a colorful metaverse full of fun and nonstop challenges. The YooShi metaverse, where players are plunged into multiple sub-game universes established by community members, has it all: NFT yield farming, play-to-earn, and prize distributions. Players can create their own businesses or find regular employment in the metaverse for a chance to earn some highly sought YooShi as part of the bombardment of jobs and minigames, converting the process of production and trade from a mundane work into a pleasurable gameplay experience.

YooShi uses token burns and a new auto-liquidity function to swiftly raise the liquidity level within the universe, in addition to taking advantage of all the benefits of the Binance Smart Chain. YooShi is primarily focused on catering to the community and bridging the gap between token issuers and holders for a wholesome, gamified earning experience for all involved by combining a variety of DeFi mechanisms and providing developers with a convenient toolset for building their own universes inside the game.

Bit.Country

Bit.Country is a fully established DAO that lets all of its users to build and customize a 3D voxel world metaverse. The project is so ambitious and tied to the real world that it has already carried out a full-fledged experiment involving the migration of over 150 average internet users into its metaverse, rewarding them with MVPC tokens for engaging in the world by posting quality content, leaving comments, and interacting with other users.

Bit.Country allows users to do or build anything they want, whether it’s a business, an event, an expo, or even a reenactment of a simple walk in the park, using a simple constructor that empowers participants with tools that blur the border between the virtual and real worlds. Bit.Country has what it takes to attract a serious following, thanks to its advanced decentralized and peripheral visualization technologies, which attracted over $4 million in seed funding from such titans as Animoca Brands – the brains behind hit games like CryptoKitties, The Sandbox, F1 Delta Time, and others.

Wilder World

Wilder World, an immersive 3D environment held together and managed entirely by NFTs, is another candidate for investors’ and NFT market observers’ attention. The initiative will be launched in partnership with Zero.Space, a decentralized metaverse that allows users to share, trade, and create with their peers. Wilder Planets allows users to explore multi-leveled, photorealistic, and mixed reality realms and worlds as Wilders, thanks to its large foundation. The Wilders are gamers who have complete freedom to travel the infinite virtual globe, gathering unique goods, purchasing land plots, and generally exhibiting themselves through avatars, decorative goods, fashion statements, and other means.

Wilder Worlds is based on the Ethereum blockchain and is absolutely intent on making it big in the realm of NFTs, with a fully community-governed approach to traction. Given that all of the goods dispersed around the numerous worlds of Wilder are one-of-a-kind and produced by fans and players, the opportunity to sell them for a small fortune is significant and worth considering.

Trace Network

Last but not least, there’s Trace Network, a fully decentralized finance protocol with advanced identification solutions built in to increase the quality of available product and ownership management procedures – all via NFTs, of course. Trace Network, an enterprise-grade DeFi protocol focused on the fashion, lifestyle, and luxury goods sectors, has already announced the creation of its own marketplace, aptly dubbed BLING, which will serve as a Limited Edition Luxury and Lifestyle NFT Marketplace.

BLING will leverage the Polygon network to speed NFT purchases and make the process even simpler and more efficient for new and inexperienced users, as part of its mission to function as a bridge between real-world items and virtual Non-Fungible Tokens representing a unique premium product. Apart from BLING, Trace Network is planning to launch a white label stablecoin backed by its native token, which will be utilized for on-chain settlements and accounts.

Up And At Em’

Despite the current digital currency market fall, NFTs are not going away, demonstrating once again that nothing beats the attractiveness and application of blockchain-based assets when they are connected to real-world objects – notably in the luxury or entertainment industries. The mind boggles with the potential that decentralized technologies still have in store, especially with so much creativity pouring in each of the initiatives being placed on the market.

NFT

OpenSea and Kakao’s Klaytn collaborate to expand NFT across Asia

Klaytn, a Singapore-based public blockchain platform, and OpenSea, a non-fungible token (NFT) market, established a cooperation on Friday to support the Asian NFT ecosystem.

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  • In order to showcase Asian NFT initiatives to a worldwide audience, the alliance involves conference collaborations and ecosystem awards.
  • The largest NFT marketplace in the world supports four blockchains: Klaytn, Polygon, Solana, and Ethereum.
  • The blockchain subsidiary of South Korean internet behemoth Kakao, Ground X, founded the Klaytn Foundation.
  • On its central bank digital currency (CBDC) pilot project, the Bank of Korea collaborates with Ground X.

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Shopify Expands Online Retailers’ NFT-Gated Options

Brands are able to increase the exclusivity of their shops thanks to the e-commerce platform.

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The future of e-commerce, according to Shopify, is in NFTs.

As a new option for brands wishing to make their stores more exclusive, the online retail behemoth, which enables small businesses to construct customized e-commerce shops, is providing NFT-gated storefronts, Shopify announced on Wednesday.

In the Shopify introduction video, which includes a skating woman who passes through a pastel portal and transforms into a Doodles NFT, a voiceover urges viewers to “invite their communities into a world that acknowledges and rewards devotion.”

The video explains that token holders can access special shopping opportunities by connecting a cryptocurrency wallet, including early access to drops and limited collections as well as one-of-a-kind experiences and other surprises.

Only individuals with existing NFT collections are able to apply for early access to Shopify’s “gm” shop, which is a gated merchandise store and a play on the Crypto Twitter acronym for “good morning.”

However, those that haven’t received approval yet can still integrate NFT token-gating apps like Shopthru or Single into their Shopify sites.

Shopify announced that it has already collaborated with the Adam Bomb Squad, Doodles, World of Women, Invisible Friends, Superplastic, Stapleverse, and Cool Cats NFT collections to develop token-gated shops as part of its token-gated business launch.

Shopify is introducing “IRL” token-gating in brick-and-mortar stores in addition to online token-gating, which restricts access to certain merchandise to authorized NFT holders exclusively.

Why is this important? The future of Web3 commerce will focus on exclusivity, for one thing. NFTs, which are distinctive blockchain tokens that denote ownership over an asset, are increasingly employed as membership cards, tickets to events, and “keys” to open benefits, despite the fact that they are frequently oversimplified as digital art or “jpgs.”

Additionally, this isn’t Shopify’s first venture into NFTs: The business has been involved with Web3 since last year, when it announced the launch of NFT sales on its platform. Brands can mine and sell NFTs on Shopify to clients using the Ethereum, Polygon, Solana, or Flow platforms.

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OpenSea, beware—Uniswap is pushing into NFTs

The NFT aggregation platform Genie is being purchased by Uniswap Labs, the organization that created the Ethereum-based decentralized exchange Uniswap.

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In a Bankless interview on Tuesday, Uniswap founder and CEO Hayden Adams said, “We’re attempting to transfer what we brought to the ERC-20 market to the NFT sector.”

You can buy NFTs—individual blockchain tokens that represent ownership—on a variety of different marketplaces, such as OpenSea, LooksRare, or Coinbase NFT. However, few allow consumers to buy many things at once, and none provide aggregation tools that let traders view listings on competing marketplaces.

According to Uniswap Labs on Twitter, “We see NFTs as another form of value in the burgeoning digital economy, and it’s a no-brainer for us to integrate them.”

The NFT aggregator Gem, which also enables customers to acquire numerous NFTs in a single transaction, was purchased by OpenSea just two months prior to the announcement of its acquisition by Genie. OpenSea intends to incorporate NFT aggregation functions into its primary platform, just like Uniswap.

A new tab dedicated to NFTs will be added to Uniswap’s main website later this year as part of the company’s push into NFTs, according to a statement from the company. Additionally, NFTs will be included in its developers’ APIs and widgets.

Uniswap Labs intends to airdrop an unspecified quantity of the stablecoin USDC to Genie’s early backers as a way to commemorate its acquisition. By April 15th, USDC will be given to everybody who had utilized the platform at least once or owned a Genie Genesis NFT. (The business had earlier tweeted that Genie Gem owners were eligible for the airdrop.)

Uniswap entered the NFT market for the first time in 2019 with Unisocks, an NFT that granted holders access to a real pair of socks.

The largest NFT market, OpenSea, has a floor price for Unisocks of 13 ETH (about $15,300) at the time of writing.

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