Here is our DC exclusive for this week, covering the top cryptocurrency news, the best P2E platforms to make money with crypto, and expert advice on how to handle market volatility.
Coinbase NFT Marketplace Launch: Everything you need to know
The day has finally come when Coinbase, the largest crypto exchange in the United States by volume, has launched its NFT marketplace, “Coinbase NFT,” in beta mode with collections of NFTs on the Ethereum blockchain.
Coinbase NFT’s marketplace will let users purchase, sell, and interact with creators, collectors, and the community around their NFTs. Any Ethereum-based collection, including a handful of NFT collections such as Doodles, World of Women, and Azuki, will be available on Coinbase NFT.
Unlike its crypto exchange, the NFT marketplace intends to execute a “Web 3.0 social marketplace” as a single platform to let users engage in the NFT marketplace for all social media channels.
You will be amazed to know the features Coinbase has landed its NFT with:
- Initially, there will be no transaction costs for NFTs in its marketplace. However, with time it shall rise but in the “low single-digit range.”
- To trade NFTs on the platform, users can utilize either a Coinbase wallet or any self-custody wallet they possess.
- The platform shall be available to everyone above 18 years in the upcoming weeks.
You can become a beta tester if you are at the top of Coinbase NFT’s waitlist. Coinbase NFT allows you to create a profile and showcase your created and traded works.
DC’s top P2E games for the future
Play-to-earn (P2E) gaming is one of the most intriguing sectors of the ever-expanding cryptocurrency market, allowing players to earn tokens and NFTs in exchange for their talents. Reviving new income sources, blockchain technology, and NFTs have revitalized gaming.
Here we share the list of top 5 NFT games in 2022 that can help you earn good long-term returns.
- Axie Infinity
It is a non-fungible token-based online video game that uses Ethereum-based cryptocurrencies. It revolves around Pokémon-Esque creatures known as Axies. You have to connect your digital wallets to your Axie Infinity accounts to begin playing.
- Guild of Guardians
It is a multiplayer role-playing game (RPG) in which users may create their own squad of “guardians” and compete in guilds for prizes. There are several methods to win prizes in the game, including constructing guilds, combining heroes, performing daily missions, and topping the rankings.
- The Sandbox
This P2E allows gamers to create and monetize their games on the Ethereum blockchain. Players may sell virtual land (the LAND token) and deal with SAND as the primary utility token. Since they are non-fungible tokens (NFTs), it allows their participants to have actual ownership of their inventions.
RaceFi is the first Artificial Intelligence/ Machine Learning vehicle racing game on the Solana ecosystem. You can earn money within RaceFi’s metaverse while playing different game modes. It also lets you own in-game property and earn a profit.
Splinterlands is a popular trading card game in which players battle monsters for prizes. As a play-to-earn game, each card you receive is an NFT (non-fungible token), which becomes your property and may be sold for money in the marketplace. There are also daily missions to perform that reward players for their efforts with Dark Energy Crystals ($DEC), Splinterland’s native token.
DC Cryptocurrency Advice: How to handle crypto volatility
The fact that cryptocurrency volatility may be linked to an “immature market” is nothing new, and you should be prepared for it if you decide to invest.
Any investor should start by developing a plan that they can adhere to, regardless of whether they are investing in Bitcoin or stocks. Everyday volatility shifts might be unsettling for inexperienced investors. However, if you’ve invested using a buy-and-hold strategy, drops are nothing to be concerned about. In addition, conventional wisdom holds that the best method for most long-term investors to deal with unpredictable markets is to remain cool and stay the course.
Remember: When you are in love with an asset, grabbing a dip may seem appealing, but it might not always be fruitful. Also, prices increase over time as market volatility subsides. You should have a handy long-term strategy that shall enable you to accumulate more shares when the market is volatile, and stocks are on sale. Therefore, never ever sell your stocks during the time of crypto volatility.
This concludes DC’s weekly cryptocurrency exclusive. For the latest information, top crypto news, and metaverse updates, keep checking Digitally Cool. Happy investing!