Solscan celebrates the accomplishments of Solana NFTs during 2022 and concludes that, despite the bear, the sector is positioned for future success.
The team behind blockchain explorer Solscan has published an annual review on the performance of Solana Non-Fungible Tokens (NFTs) in 2022
The report covers the explosion of Solana NFTs during the year, the difficulties experienced due to the bear market and FTX implosion, and the position of Solana NFTs going into 2023.
The report recognizes the dominant presence of Magic Eden NFT marketplace on the chain but also the traction made by the up-and-coming Hadeswap platform.
Topping the list of Solana NFT collections in terms of volume were y00ts and DeGods, two related projects that generated shockwaves throughout the Solana community when it was announced they would be leaving the chain for Ethereum and Polygon.
The Solscan report makes a veiled reference to the departure of those prominent projects, in the form of a “struck-out” sentence reading:
Read the Solscan review for much more information on the Solana NFT ecosystem.
Binance Pools is looking for bitcoin miners to join an incentive program full of benefits.
Binance Pool has put out an open call to bitcoin miners and digital infrastructure providers to join a Cloud Mining Partner Program.
The new program, announced by Binance in a January 13 blog, offers to bring Binance Pool users increased product offerings and benefits while also providing exclusive program benefits to miners and digital infrastructure providers. The option seems like a win-win!
Successful miners and digital infrastructure providers need to have reliable and stable power resources, a bitcoin hash rate of more than 500 PH/s, an average daily online rate of more than 95%, and hold a predetermined amount of BTC as collateral.
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
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The Terra Luna revival continue as Binance supports the latest upgrade from $LUNC.
Terra Classic (LUNC) will receive support from Binance for its upgrade on January 14, which would have re-minted some burnt LUNC tokens.
Binance confirmed support for the incoming upgrade in a blog on January 13, noting that the upgrade should take up to three hours and that trading for the token will be suspended during the process. Binance will reopen deposits and withdrawals once it determines the network is stable, while trading will remain open.
#Binance will support the Terra Classic $LUNC Network Upgrade.https://t.co/QA6akTco97
The upgrade comes after the Terra Classic community voted on Governance Proposal 11242, which intended to re-mint burnt LUNC tokens.
Binance reportedly handles over 50% of the LUNC trading volume, making the support notably important for the token’s upgrade. Binance has consistently supported the revival and recovery of the Terra Luna ecosystem after its epic 2022 collapse.
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
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Pi Proposals continue to increase, bringing new possibilities to the PI ecosystem.
New project proposals on Pi Network continue to increase in the ongoing hackathon. Pioneers continue to show interest in building the Pi Network ecosystem.
Following the commencement of the hackathon, users have created numerous proposals and voted for the best projects that should be built on the network. As of writing, over 200 proposals have been added by Pioneers.
Some proposals include PiCulture, PI Oil and Gas, and PI screen, and others, bringing new utilities to the crypto space. For instance, PI Oil and Gas helps buyers/sellers acquire oil and gas equipment in the sector with the PI token.
The #PiNetwork ecosystem is pregnant with many apps being built in the ongoing #PiHackathon. Pi is going to explode. Did you see your project in this video? Have you found the projects you will be cheerleading for?
Pi Group👉 https://t.co/gMDfIGpTQd #PiHackathon2023 pic.twitter.com/NNhsZPorfH
Proposals is a hackathon feature launched by the protocol, allowing Pioneers to submit new projects in its enclosed mainnet. The proposed projects go through thorough screening from the Pi Network team before they are published. However, only interesting proposals with a detailed execution plan will be displayed on the Pi Network application.
Pioneers who create proposals without building them. Although they would be required to commit as one of the project's builders. Visit the Pi Browser or Pi Application to view all proposals, bringing new possibilities to the PI ecosystem.
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.
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A look at five gaming projects that have caught the eye in the Pi Network Hackathon.
Pi Network launched its latest hackathon on January 9th, and since then, over 2000 projects have registered to participate in the event to showcase their work to the large community.
The hackathon features project teams and developers who want to build their Decentralized Applications (dApps) on Pi Network across three themes: Social Media, Games & Entertainment, and Consumer Utilities.
So far, the event has produced many innovative projects across all three themes. Today, we will look at the Gaming category and explore five of the best dApps that have caught the eye:
Pi-Snake is a blockchain entertainment game on Pi’s enclosed mainnet that allows users to control their little snakes to eat or kill other opponents to increase in length. The game comes in different modes, allowing users to earn rewards.
Read our review of Pi-Snake to learn more about the game.
Playroom gives real gaming utilities with the native Pi token. With Pi, Pioneers can utilize Playroom to purchase game discs and setups for Xbox, PC, and Playstation. Further, gaming enthusiasts can sell consoles, game cheats, and more on Playroom.
Math Madness is a game for geeks. The game allows players to test their math knowledge by competing with random opponents in an exciting online math-based challenge.
Players will test their speed and knowledge in the fast-paced academic game to earn monetary rewards.
This is a place for everyone to earn Pi coins. The platform’s ecosystem comprises Video game leagues/tournaments, Poker tables/games, and Board games like chess, checkers & dominoes. Later on, the team will add a fully-fledged Casino with Sports betting, Table games, and Slots.
Happy Pi Farm is a simulation business game built on the decentralized network. The game is based on a farm. Players play the role of farm operators, completing everything from buying seeds to farming, watering, fertilizing, weeding, harvesting fruit, and selling them to the market. The gold coins earned in the game are the asset tokens on the Pi chain and can be converted into Pi coins.
BSC News recommends visiting the Pi Network application to learn about all gaming projects.
Pi Network is a mobile blockchain mining project on a mission to give everyone access to the cryptocurrency revolution. The project was founded by a team of Stanford University Ph.D. candidates who designed a mobile-friendly blockchain mining algorithm.
Pi Network has evolved over the years, organized a hackathon, built a couple of working Pi blockchain apps, and is now in the final stages of transition to public mainnet.
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Blaming economic conditions and the FTX collapse, Crypto.com CEO Kris Marszalek said 20% of the exchange's workforce had been laid off.
Crypto.com is the latest Central Exchange to make significant cuts to its workforce, announced Jan. 13 that it will reduce its employee headcount by 20%.
Marszalek cites “a confluence of negative economic developments,” punctuated by the collapse of Sam Bankman-Fried’s FTX empire, as reasons for the significant move.
Last summer, Crypto.com laid off 260 employees, or 5% of its workforce. That pegs the recent round of layoffs at approximately 1,000 workers.
Recently, Coinbase.com and Blockchain.com also announced cuts, totaling 950 and 110 workers, respectively.
Hopefully, these affected workers will be able to find new employment quickly. This week, Binance CEO Changpeng Zhao (CZ) said that his company plans to hire 15%-30% more workers in 2023. Such an expansion would mean the addition of about 2,000 employees — about the size of the layoffs at Crypto.com, Coinbase.com and Blockchain.com combined.
Crypto.com is a cryptocurrency exchange that started operating in 2016. It has extended its reach to over 10 million users within 5 years. The platform was founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, with its headquarters in Hong Kong. In addition to the cryptocurrency application, the platform also runs the Crypto.com Visa card, one of the world’s largest cryptocurrency card programs, the exchange, and a DeFi wallet. The exchange operates across 3 continents, the Americas, Europe, and Asia.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
