The World Of Women NFT collection has great marketing, strong leadership, and first-mover advantage. Plus, a flourishing community. Also, behind the punks and the apes, these ladies seem to have the biggest celebrity support. From World of Women’s partner Reese Witherspoon to Eva Longoria, to Bryce Dallas Howard; from Snoop Dogg to Gary Vee, everyone wants to be a part of the club. Launched in July 2021, the WoW digital collectibles are technically ERC-721 tokens. The collection lives in the Ethereum blockchain, and its high-quality images are hosted on IPFS. Like most successful NFT collections, the images aim at becoming profile pictures or PFPs. The World Of Women consists of 10,000 unique algorithmically generated pieces. The collection’s main artist is Yam Karkai. Among other things, World Of Women holders get immediate intellectual property rights over the piece they own. And they can download a high-resolution version with ease to use it as they please. They become automatic voting members of DAWOW, the DAO that controls the World Of Women community. And they’re part of a club that each month receives “ArtDrops,” free NFTs from interesting artists from around the world directly into their inbox. Plus, they also get members-only discounts, raffles, pre-sales, and mint passes. So, utility is strong in this NFT collection. The main reward, though, is being part of an organization that’s a net positive for women and inclusion worldwide. So far, World Of Women has donated over $250K from the collection’s royalties to women-centric charities all over the world. They even have their own nonprofit, Too Young to Wed’s “mission is to empower girls and end child marriage globally.” World Of Women also commits a percentage of their royalties to buy 1/1 NFTs from women-centric artists. Recent World Of Women Projects According to World Of Women’s About Us, this is the organization’s vision: “WoW’s vision is to build an inclusive web3 through its collection and community. According to research published in Nov. 2021, female artists accounted for just 5% of all NFT art sales in the prior 21 months. WoW is on a mission to change this.” The original World Of Women collection is only available on the secondary market, the floor price at OpenSea is 4 ETH and the collection has a total transaction volume of 70.8 ETH. Recently, the organization sold out its second collection, World Of Women Galaxy. Holders of the originals got a free mint and retail customers could mint them for 0.3 ETH. The idea was to lower the entry price to get new people into the community. Currently, the secondary market values the WoWGalaxy collection at a 0.47 ETH floor price at OpenSea. So, the entry price is still low. Related Reading | Blue Chip NFTs 101 – How Did Moonbirds Conquer The World In A Bearish Market? More recently, in March this year, World Of Women announced a partnership with the Sandbox metaverse. Both organizations launched the WoW Foundation with the objective of promoting diversity both in the NFT world and the metaverse. WoW & WoWG holders, if you’re interested in hosting meet-ups in your city but don’t know where to start – tag me on our discord! let’s do more of these 🤩 upcoming meet-ups –#WoWToronto : june 4th @nft_leen #WoWNYC : june 7th @mebynetta rsvp in meet-up threads!!! 👋 — kashvi 🦉 (@kashviETH) May 29, 2022 The organization has also created derivative pieces, like the Mother Earth Muse collection. For these limited-edition NFTs, they gave eight photographers the task of recreating some of the classic original WoW pieces. With actresses, in the real world. All of the profits from this endeavor went to the artists, the WoW community, and charity organizations. ETH price chart for 07/01/2022 on Poloniex | Source: ETH/USD on TradingView.com WoW As Art Collectors The WoWFund curates the collection, places bids, and acquires. The fund announces all of its moves through the organization’s Twitter feed. The funding comes from 15% of the primary sale royalties. The WoWFund’s focus is 1/1 NFTs, as opposed to generative art collections like World of Women. Welcome to the @worldofwomennft Museum! ♀ A breathtaking shrine that will highlight the work collected by the WoW Fund, which aims to bring visibility to outstanding artists in the #Web3 space. Created by @nabiya_creative. Discover more! ⤵️https://t.co/w55FEwKjSZ pic.twitter.com/B8WCpc7kzo — The Sandbox (@TheSandboxGame) June 27, 2022 The organization recently unveiled the World of Women Museum in the metaverse. The Sandbox described it as “a breathtaking shrine that will highlight the work collected by the WoW Fund, which aims to bring visibility to outstanding artists in the Web3 space.” 🖼 WoWFund June curation 🖼 We placed a bid on "Veiled Beauty" by @wafudraws, an artist from India 🇮🇳 “Paying homage to the Kishangarh school of arts, the signature graceful features, including arched eyebrows, lotus-like elongated eyes and pointed chin have been maintained.” pic.twitter.com/nc8Nud8Uj5 — World of Women (@worldofwomennft) June 29, 2022 World Of Women ’s Real-World Impact The organization is committed to bringing more women into DeFi and Web3. Reportedly, World of Women will create an academy geared toward educating women and guiding them through this wild-wild world. The academy will focus on minority and underrepresented groups. Besides that, the organization recently held a meetup in meatspace, more specifically in Los Angeles. The event was such a success, that WoW’s community manager tweeted: “WoW & WoWG holders, if you’re interested in hosting meet-ups in your city but don’t know where to start – tag me on our discord! let’s do more of these.” And announced a meetup in NY and another in Toronto. Huge thanks to @nft_leen and @NiSangria for organizing the first (and hopefully more) #WOWToronto meet up! Great atmosphere and amazing commity. @worldofwomennft pic.twitter.com/4b2Yf1iUcR — Sal (@i_amSamm) June 5, 2022 Last but not least, World Of Women recently closed its participation in the NFT NYC conference with a performance by no other than Madonna. What an honour to host #WoWFinallyEnoughLove, a celebration of Pride, on the closing night of NFT NYC with queen @madonna! 💜✨ Thank you WoW family for being a part of this journey, we hope you had the experience of a lifetime 🌈 pic.twitter.com/iHAo63R1hV — World of Women (@worldofwomennft) June 28, 2022 On the left there, Yam Karkai, WoW’s main artist. Oh, and speaking about celebrities… What Does Reese Witherspoon Have To Do With It? The actress’ production company, Hello Sunshine, signed “a storytelling partnership” with World of Women. The idea is to create “entertainment properties” based on their IP and produce a “live event” in conjunction with other women-centric NFT projects. Variety quotes Reese Witherspoon detailing the plans: Related Reading | Blue Chip NFTs 101 – Let’s Travel To Space With The Doodles Collection “We’re proud to partner with WoW to expand their universe of characters and to develop innovative scripted and unscripted content. We look forward to engaging with the remarkable WoW community at every step of this partnership and creating opportunities for WoW holders to work collaboratively with Hello Sunshine on transforming the WoW art into powerful stories.” Will something come out of it? Will the public react favorably to it? Hollywood is a harsh mistress, nothing is guaranteed. If Reese and World of Women succeed, though, it could translate into big things for this collection’s holders. The WoW story is just beginning. Featured Image: Screenshot from WoW’s website| Charts by TradingView
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BeaRex has kicked off a new era for GameFi fans: the Play-and-Earn era (P&E). This approach takes into account the interests of all participants in the blockchain gaming ecosystem: those who want to play for money, as well as those who just play for fun. After all, the cheerful 2D runner was primarily created so that players could enjoy themselves in its universe, and if they can earn money from their skills and acquire resources in the process, all the better! In this article, we explain why making money in games is a revolutionary concept, what obstacles Play-to-Earn players currently face, and why BeaRex is absolutely the last word in blockchain gaming. The secret to the success of the world’s most popular games is having simple rules and the ability to play on mobile devices. BeaRex combines both of these in a game with a plot that echoes the famous Mario. The game’s main character is a bear who runs along an endless obstacle course, collects berries and other resources, and tries to escape from a dinosaur. The berries are needed to make smoothies, and what happens after the bear drinks it is really worth seeing! Depending on the ingredients, the world around him changes in the most unexpected way, and to predict the metamorphosis is quite impossible. The Main Ingredient of Success: Play-and-Earn GameFi, or monetized blockchain games, can prove to be a constant source of income for players. It has evolved into a surging technological trend over the past year, just as fresh and booming as decentralized finance (DeFi) was a couple of years ago. And this is no surprise, as GameFi combines three key ingredients — game mechanics, NFT, and DeFi — to attract millions of potential users. The GameFi phenomenon appeared at the junction of gaming and cryptocurrencies. DappRadar, which tracks blockchain industry activity, reported in November 2021 that games are responsible for about half of blockchain use cases. At the same time, about 2.5 million unique active wallets (UAW) are connected to decentralized applications (DApps) daily! The essence of Play-and-Earn boils down to the following: users receive tangible, and not purely virtual, money for developing within the game. This is a huge step forward for the entire gaming industry, since now ordinary players can reap profits by taking part in gameplay, and not just celebrity streamers. This significantly increases the number of people who want to play. And it’s precisely thanks to blockchain technology and cryptocurrencies that all this has become possible. BeaRex Eliminates the High GameFi Entry Threshold Despite the abundance of incentives to enter GameFi, there are still restraining factors. The main obstacle is the cost of entry. In order to get on board, you need to shell out hundreds, if not thousands, of dollars. It is clear that this isn’t affordable for everyone, especially considering that many of the players flocking to Play-to-Earn are from poorer countries. In fact, in some places, playing a P2E game can bring in more money than working! Many players with respectable incomes cannot afford the exorbitant start-up costs either, even if they know they’ll be able to earn back their investment in the future. Moreover, people usually want to try out a number of different games and aren’t ready to immediately slap down several thousand dollars to be able to play something once in a while that they may not even end up liking. BeaRex’s Solution: Combining Free-to-Play and Play-to-Earn Original It is precisely due to the demand for an easy and flexible way to enter GameFi that BeaRex has developed a new, more advanced version dubbed Play-and-Earn. P&E is a hybrid model that includes both Play2Earn and Free2Play capabilities. This combination allows gamers not only to earn money but also play for free while increasing their skills and having fun along the way. Players can try their hand at short tasks to earn ‘karma’ so that they can take on more profitable tasks and grow their income later. BeaRex solves the problems of GameFi participants’ two main groups: investors and players. Investors want to put money into GameFi but often don’t have the time to play. In fact, they may not be interested in gaming at all! Players have the opposite problem: they love games and want to play but often don’t have the money to buy expensive game NFTs. BeaRex offers a solution: a player who doesn’t want to play for some reason can pay an experienced player a fixed price in tokens to pass through the levels for them. Thus, the investor receives passive income, while the player can enter the game and start earning with the investor’s character without buying an expensive NFT, which they may not be able to afford. But that’s not all! BeaRex is first and foremost a universe created for the pure enjoyment of playing the game. The main philosophy of the project is that everyone should be able to play, and when players are ready to make money, they can buy NFT Bears and switch to Play-to-Earn mode. Four BeaRex Game Modes Play-for-Fun: A completely free mode in which you can train and enjoy the game on a smartphone. All game progress can be saved and used in Play-to-Earn mode later. In order to start earning, the player must buy an NFT bear. Investor Mode: This is ideal for people who want to earn money from P2E but don’t know how to play or don’t want to. With the help of the order board, you can rent your Bear out to a more experienced player who will play it to pass through levels, collect gaming resources, and earn profits, which can be split between you. Play-and-Earn: This regime is for gamers who want to play the game and pass through its levels with their own bear. Everything is simple here: all the profits of your hard labor are completely yours to keep. Order Execution Mode: This is for players that have their own bear but see the benefit of taking a more powerful animal from an investor to earn more. The greater the player’s skill, the cooler and more profitable the tasks they can take on. Animated Series and the BeaRex Metaverse BeaRex is not just a game, but also an animated series! Work on an animated series based on the game has already begun. The first episode will be released at the end of 2022, and the entire first season will be available in 2023. The series will follow the adventures of bears from the very first NFT collection, which will be sold in mid-July of this year. Owners of the bears portrayed in the cartoon will receive royalties from series rentals. BeaRex Beta Launch BeaRex has already launched a beta version in an Instagram mask. A bright and absolutely mind-blowing universe awaits you here: collect berries, prepare smoothies, and save the world from dinosaurs, while earning money along the way or just playing for fun. There is currently a special offer for all game participants on Instagram: play the game in an Insta mask and earn 500 TRIP tokens. And all players will participate in a $5,000 NFT draw. Good luck in the game! Image: Original
The crypto market is coming off one of its worst months as June draws towards a close, with the crypto market capitalization once again moving closer to the $1 trillion mark thanks to fresh resilience among buyers. Bitcoin and Ether, the top two cryptocurrencies by market cap, currently trade around $20,850 and $1,190 respectively. The… More
Ethereum fees had touched new highs thanks to the popularity of the decentralized finance (DeFi) space. As network activity had grown, so had the transaction volumes. The effects continue to linger even into the bear market, although fluctuations between low and high are now more common in the space. Presently, transaction volumes have fallen sharply and ETH fees have now plummeted to monthly lows. Ethereum Transactions At $0.5 Ethereum transaction fees have declined to one of their lowest points this year. Gas costs which have been fluctuating between high and low seem to have found their resting place at lower prices. In the early hours of Monday, the gas costs for the Ethereum network had declined to their lowest point for June. It sat at only 19.8 Gwei per transaction at the time of this writing, which converted to about $0.5 per transaction on the network. Related Reading | Bitcoin May Not Reclaim All-Time High For Another Two Years, Binance CEO This translates to a more than 80% drawdown from the peak of the gas costs last week at 151.3 Gwei per transaction. This coincides with a decline in transaction volume on the network, as shown on Messari. The data aggregation website shows that Ethereum’s transaction volume is down more than 80% from its monthly high. On the 13 of June, transaction volumes on the network had sat at more than $10 billion in real volume. Today, the real volume was sitting at $570 million, the lowest it has been for the month. ETH price declines to $1,179 | Source: ETHUSD on TradingView.com Supply has also taken a hit in the month of June. By the end of last month, there was more than 8.6% of all total ETH supply in DeFi. However, as of the time of this writing, there is less than 8.3% of the circulating supply in DeFi. This also translates to a dollar value of under $10 billion when three weeks ago, the value was at $30 billion. ETH Profitability Tanks With the recovery in the price of Ethereum has come some good tidings for investors. But, there is still a gap in the profitability levels from last year compared to this year. Going into the last month of the year in 2021, more than 80% of ETH investors had been swimming in profit. Given that the digital asset had hit a new all-time high in November, this was expected. However, there is a significant drawdown from this point. Data from IntoTheBlock shows that while the majority of ETH investors remain in profit, it is only by a small margin. 52% of wallets are currently in the green while 47% are in loss. This puts only 2% of all investors in the neutral territory, which remains shaky. Related Reading | Bitcoin Perpetual Open Interest Suggests Short Squeeze Led To Crash When it comes to the growth of the network, there is more negative sentiment among investors. The major reason for this is all of the competitors that are moving into the DeFi and NFT space. Solana especially has been giving Ethereum a run for its money in the NFT game, triggering an exodus towards the network which offers faster transactions and lower fees. Nevertheless, Ethereum remains the second-largest cryptocurrency by market cap. Currently trading at $1,200 at the time of this writing, the cryptocurrency boasts a market cap of $149 billion. Featured image from CryptoSlate, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
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The price of STORJ (pronounced “storage”) has increased by a little over 30 percent in the last 24 hours. According to CoinMarketCap, STORJ, an ETH token, is the 88th largest coin by market capitalization. The token experienced a significant increase thanks to the NFT update on Friday. STORJ reached an all-time high of $0.97, a 43 percent rise from its 24-hour low. Currently, the coin is selling at $0.9273, an increase of a remarkable 30.73 percent in the last 24 hours, according to statistics from CoinMarketCap. Additionally, its market capitalization soared from $245 million the day before to $371 million as of today. STORJ is a platform for shared cloud storage. Instead of sending files to massive data centers, users can just store them in independent computers of the host. STORJ Gets Strong Backing Two requirements must be met to qualify as a host: a solid and speedy internet connection and terabytes of storage space. Users can make money by storing the files of others on their computers. An announcement about major businesses embracing STORJ to store unique tickets, music, sports NFT assets, and gaming caused a sharp increase in the token’s price. Europa Labs, Amuzed, and Ultimate Division are the company’s newest NFT customers. Suggested Reading | Top 5 Cryptos Taking A Major Beating In The Ongoing Market Mayhem Crypto total market cap at $941 billion on the daily chart | Source: TradingView.com Amuzed is a blockchain-based music gaming platform that allows users to listen to their favorite artists’ music using NFTs. Ultimate provides participants with a soccer-themed metaverse game in which they can earn Ultimate Division Tokens (TKDS), whereas Europa Labs wants to improve the computational capabilities of clients on their preferred data platforms. Suggested Reading | Cosmos (ATOM) Price Swells 12% – Can It Breach Resistance? Green Candles Show Bullish Potential Similarly, 24-hour trading volume for STORJ has surged by more than 100 percent, reaching $408,455,560 – an increase of 127.94 percent. Examining the STORJ/USDT daily chart, the price of STORJ has displayed green candles since June 13. This trend persisted with small retracements on the daily chart until Friday, when the token recorded its highest green candle of the move. In the last 10 days, the price of the asset has increased by 130 percent, from $0.4005 to its current level of $0.80. It remains to be seen whether the relatively unheard crypto will be able to sustain this growth in the future or if it will be just another “one-hit” wonder. Featured image from CyberBump, chart from TradingView.com
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