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MicroPets Announces the Pets NFT Platform on BSC

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Cape Coral, Florida–(Newsfile Corp. – November 5, 2021) – MicroPets announced the Pets NFT Platform on Binance Smart Chain (BSC). Investors can purchase the MicroPets token, buy a crate, and then open and receive a cute NFT based on some of the most popular memes in the cryptosphere! In just over two weeks the team has attracted over 22,000 holders and a Telegram channel that is about to eclipse 10,000 members. Better yet? They’re actively developing a farming system, P2E game and have a future vision of expanding into the Metaverse (MicroVerse), beginning strategic vision & development in 2022.

Figure 1: MicroPets: One of the Hottest Trends on BSC

How’s It Work?

The team has built a custom dApp that launched with a ton of features on day 1 alone. Users go onto the dApp and purchase a crate with their MicroPets tokens. Opening their crate, they receive a random NFT with various rarity and staking rewards. Users can then stake the pet for MicroPets rewards proportional to their pet’s staking multiplier. If users don’t receive the pet they have the option of putting it for sale to others in the MicroPets marketplace.

Their current lineup includes 9 MicroPets:

Akita Inu
Kishu Inu
Hokkaido Inu
Shiba Inu
Floki
Micro Shiba
Frunkpuppy
Hoge
Doge

What’s Special?

The team has taken a high-end approach that eclipses most other projects in this space. For example, they chose Certik with Skynet for their audit over less-expensive options. This sent a clear signal to their early supporters that the team emphasizes quality in everything they do. Furthermore, they announced just two weeks into their project they were partnering with a major game development company, Cubix, on their custom-built P2E game-MicroPets Runner. Finally, the team announced their future strategic vision of developing towards the Metaverse (MicroVerse), ensuring MicroPets remains a forward-thinking and innovative project.

Marketing Prowess

The team has consistently proven its ability to draw in a massive number of new investors consistently. Currently, MicroPets is running ads on nearly every major worthwhile platforms, such as BSCScan and Facebook.

Less than a week into the project’s launch, the team announced they had put up a massive billboard outside of the SpaceX office in Hawthorne, CA directed at Elon Musk. Additionally, they were the first on a brand new massive Times Square billboard outside of the NFT.NYC conference in New York City.

Consistently, MicroPets is the #1 most trending token on everything from CryptoMoonShots to CoinMarketCap and DEXTools, sending clear signals that investors have a massive interest in the MicroPets project and its continued development.

BEP-1155 NFT

The MicroPets’ development team chose the BEP-1155 standard due to its unique flexibility. Utilizing this standard, the team provides users the opportunity to purchase and open multiple crates in just a transaction each! This provides a much more user-friendly experience while also increasing the utility and throughput of the MicroPets token in the dApp.

Staking & Marketplace

Users can stake their NFT’s in the MicroPets staking pool, earning rewards based on the rarity and staking power of their pet. There are several different rankings of MicroPets: Common, Uncommon, Rare, Epic, Legendary and Mythic. Based on this rarity, users have a staking power of 1X to 5X, further amplifying their MicroPets earnings. So far, over 12,000 crates have been opened. Users can stake or sell their pets in a stack, which is extremely unique for the space.

Should users not like the NFT they obtained, they’re free to sell it on the open marketplace using the dApp. Users simply go into their inventory, select the pet they’d like to sell, name their price, pay just a 2% MicroPets fee, then end up with a listing on the marketplace. Other users are then free to go on and buy the NFT they’d like using their MicroPets tokens.

Special Edition Crates

The team has proven their ability to execute by delivering a Halloween-themed crate with 7 additional NFT’s less than a week after their launch. Their animation and design team worked quickly to deliver the NFT’s with plenty of time for users to enjoy them. Supporting this is the custom-built MicroPets dApp, which is specifically designed for maximum efficiency and customization.

Farming (Future Development)

Further expanding the MicroPets ecosystem, the team has begun the development of their farming system. Using farming, users will be able to further empower their pets, increasing their rewards along the way as they engage in the MicroPets ecosystem. Users will lock their pets for 14 days to farm them into more powerful NFT’s. Furthermore, they’ll be able to purchase treats on the MicroPets shop, enabling the ability to reduce this time. Think of it as a modern-day Tamagotchi!

Play To Earn Game (P2E)

The team recently announced they’ve decided to partner with Cubix, a global development company with expertise in blockchain and gaming technology. MicroPets Runner will be a classic side-scrolling runner where you’ll take your game character (made from a MicroPets NFT) and dodge monsters and obstacles as you move faster and faster through the map. Collecting coins will earn you MicroPets rewards! Along the way, you’ll grab power-ups to further increase your earning power or potentially save your life.

Scheduled for Q4 2021 testing and release early Q1 2022, this will be a top-notch game you’ll be able to play on both Android and iOS.

Conclusion

MicroPets is certainly an incredible project run by an incredible team in the BSC space. They’ve quickly proven that they have what it takes to drive investor value through the significant growth they’ve experienced over the course of just two weeks! Supported by an admin team of over 30 people from all over the world, MicroPets has the people, skillset, and technical infrastructure necessary to propel it to unforeseen heights.

Website: https://micropets.io/
Twitter: https://twitter.com/micropetsbsc
Telegram: https://t.me/MicroPets
TikTok: https://www.tiktok.com/@micropetsbsc
Reddit: https://www.reddit.com/r/micropetsbsc/

Marketing Contact:
Dave Ruiz
[email protected]

Media Contact:
Company: MircoPets
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102156

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Exverse debuts its token on Bybit ahead of the FPS game’s launch

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Exverse, a free-to-play game bringing a fresh take on AAA first-person-shooters to Web3, announces the launch of its native $EXVG token on ByBit, a top-three crypto exchange by volume with over 20 million users. The ByBit launch will be followed by spot listings on the MEXC and Gate exchanges. Ahead of its full alpha launch in mid-May, Exverse hosted a soft-launch tournament for 5,000 early registrees on April 15 with cash rewards for top performers.

During the last bull run, Web3 games rose to prominence under the play-to-earn mechanism that made games like “Axie Infinity” so popular. As this model became widely replicated, many of these blockchain-based games prioritized the crypto elements at the expense of the actual game aspects. This trend could be seen in practice by many titles opting to undergo a token launch before even having a working demo, disincentivizing developers to build a quality game, and leaving users with no ecosystem or functioning game to play and spend or the native currency in.

With Exverse approaching its full launch, players can earn $EXVG by performing well while using the native token to enter matches, purchase premium items, and more. The $EXVG token builds on Exverse’s extensive beta and serves as the ecosystem’s currency while the game’s community witnessed a 20 percent growth in verified signups within a month. Supporting Exverse in their token launch are prominent launchpads and incubators that include Seedify, ChainGPT, and GameFi.

To build momentum for its upcoming alpha launch in mid-May, Exverse showcased its game by holding an exclusive deathmatch-style tournament for 5,000 early wait listers on April 15. The five-day tournament, which took place on the game’s ‘Battle Planet,’ gives players a chance to demonstrate their skills and win rewards via stablecoins and tokens. With $50,000 in total up for grabs, the top 100 performers earned at least $200. Top five finishers earnings were dispersed accordingly:

1st place: $4,000
2nd place: $2,000
3rd place: $1,500
4th and 5th place: $1,000
Built using Epic’s Unreal Engine 5, Exverse utilizes blockchain technology to strike a balance between enjoyable, realistic, and immersive real-time gameplay. The game prioritizes skill over pay-2-win mechanics, enabling players to earn rewards by staking tokens before a season’s kickoff. Top performers receive a share of profits from in-game NFTs such as cosmetics and skins.

To support the ecosystem’s development, expansion, and growth while rewarding the team and its early supporters, 400 million $EXVG will be minted.

“We are extremely excited about our token launch and proud to work with a great partner like ByBit to make it happen,” says Fei Ooi Hoong, CEO of Exverse. “We worked tirelessly to develop a diverse, engaging, and intuitive first-person shooter capable of revolutionizing how the public views blockchain-based gaming. Our talented team tapped into its background in traditional gaming to develop a rich and immersive gaming experience and then strategically implemented the NFT elements and in-game economics to enhance the user experience.”

The post Exverse debuts its token on Bybit ahead of the FPS game’s launch appeared first on HIPTHER Alerts.

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Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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