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METAROBOX Promises a Breakthrough in the NFT Industry

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The market for non-fungible tokens (NFT) has been continuously rising to new highs since its inception in 2015. However, the year 2021 proved to be a watershed moment for the NFT industry. By the end of the year, the young market had a trading volume of more than $23 billion, compared to less than $100 million in 2020. On this backdrop, entering 2022, and as more companies turn to the space, the NFT market’s future seems bright. According to Chainalysis, the NFT business, which is currently valued at over $27 billion, will explode in 2022.Thousands of NFT projects are released every day, feeding the need of mainstream users, investors, digital art collectors, and NFT aficionados for additional exposure to the Metaverse’s many financial incentives. METAROBOX is a well-known initiative that aspires to make waves in the non-fungible tokens (NFT) industry.

METAROBOX is a Binance Smart Chain (BSC)-based NFT game that uses the play-to-earn (P2E) paradigm. The game emphasizes Robo war engagements and strives to deliver a realistic experience for both players and NFT collectors. Users may play games and spend NFT in the game to earn additional revenue in addition to leisure. Players may invest $RBX to purchase characters and enhance their equipment, such as weapons and outfits, or they can battle other players to win $RBX tokens.

RoboX is inspired by space technology and incorporates cutting-edge technologies such as blockchain to not only optimize all players’ gaming experience but also increase their revenues. In METAROBOX, the play-to-earn idea is employed, which pays players for playing games and participating in in-game economies, allowing users to buy and sell game-related assets.

Three distinct game modes allow players to achieve unique sets of economic rewards.

The first mode is Training. This mode offers new players the opportunity to choose their dream characters, play roles, and kill monsters. But, no reward is expected. The second one is PVP Ranking. It helps to fight against each other to get $RBX tokens and upgrade their levels to receive $RBX tokens and also mystery boxes which will be published in the form of unique game items. Moreover, there are Weekly and Monthly Competitions with token prizes for TOP players on the Leaderboards. Players reaching level 5 can be ranked. While losers will have rank points deducted, winners will receive level and rank points. RBX tokens will be sent to players who increase their rank level only. 2 players will have a Token bet agreement, the winner will receive the loser’s RBX token. And the last one is PVE Mode. Whether players construct their own rooms or be automatically matched with folks of the same skill levels, players/their team will fight with one another through a betting arrangement in $RBX. The amount of $RBX gambled will be held and temporarily locked after the match. Winners will have to pay 5% of the transaction fee token to get that token prize.

The total supply of $RBX is 1,000,000,000,000,000 tokens. Mining and burning will be completely based on user-base development and approval. The supply and pricing are kept within the METAROBOX World at a reasonable level to maintain internal asset value and optimize input for brand-new users, while enabling its value to rocket externally.

Besides, players complete in-game tasks or compete in ranked matches to receive bonus points. They can use these points to purchase mystery boxes and open them for robot cards. These cards can help enhance their decks or be sold on the NFT marketplace for tokens.

Moreover, $RBX tokens can be used to buy bases, which can be rented out by other players. With each rental, the base owners can accumulate points and upgrade cards & gift boxes. The more points earned, the more gift boxes available to purchase and the more chances to earn rare cards. The rare cards can be sold on the NFT market in return for tokens.

In METAROBOX World economy, there are three essential types of assets. They are represented on the blockchain data and in the game in the form of: Monetary assets ($RBX), NFT base, NFT game items (equipment, gift boxes, supporting accessories, etc.)

To get $RBX, players can own in these ways below:

Play to Earn: Users joining quests and PvP battles will receive $RBX as reward. There are 6 rank levels in the game. Players will fight to reach a certain level to be rewarded with $RBX. If players want to receive more rewards, the only way is to get a higher rank.

Farming: Players can contribute $RBX to the liquidity pool and receive interest based on the amount of tokens contributed at an attractive rate

Staking $RBX to achieve a lot of game items including cards and mystery boxes then use/upgrade those items or sell them on NFT marketplace. The upgraded blind box means a greater possibility of getting precious items including rare cards.

Staking NFT base: staking base can increase not only the number of trained gift boxes and cards but also the training speed. Base owners can earn profits from training other player’s cards and gift boxes.

With people from all across the world, METAROBOX represents the spirit of decentralization. Long-serving and highly experienced Smart Contract developers, as well as a competent operations staff, make up the team.

METAROBOX creators expect to strive to completely revolutionize the way people think about NFTs by combining technology, entertainment, art, aesthetics, and earning opportunities to create a fascinating experience for users.

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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Blockchain

Cronos collaborates with KYVE to revolutionize Blockchain Data

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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.

The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.

KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.

The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.

Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.

Source: cryptonewsz.com

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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