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Tag: solana blockchain

What is Monkey Kingdom?

The Monkey Kingdom is a Solana-based NFT collection of 2,222 pixelated monkeys inspired by the Chinese mythical figure, Sun Wukong. Asia is currently under-represented in the fast-growing non-fungible token (NFT) industry, with most collections, especially the most successful and profitable ones, coming from Western teams. With this situation, one team has dared to launch an Asian-inspired […]

The post What is Monkey Kingdom? appeared first on Asia Crypto Today.

Top 5 Crypto Metaverse Coins Gaining The Most Price Today (January 15th)

This weekend, Crypto markets continue to trade sideways, with Bitcoin and Ethereum holding the $43k and $3.3k levels, respectively. The global cryptocurrency market cap is holding firm above the $2 trillion level, and we’re quite a few underrated coins gaining significant value today. This article looks at the top three crypto Metaverse coins gaining the […]

The post Top 5 Crypto Metaverse Coins Gaining The Most Price Today (January 15th) appeared first on NullTX.

Top 10 Best Cryptocurrencies to Buy in January 2022

The year is just starting, but cryptocurrencies are moving boundaries and reaching new all-time…

The post Top 10 Best Cryptocurrencies to Buy in January 2022 appeared first on Coin Journal.

Revolutionizing the NFTs on the Solana Blockchain – Ernest in Disguise

One of the most anticipated NFT projects has finally reached its scheduled launch date. With 6,000 disguises inspired by favorite Halloween costumes, movies, and characters, Ernest In Disguise released the annual Halloween collection on the 28th of November. Bear in mind, these disguises are all one-of-a-kind, with the rarest being based on some of the most well-known Halloween figures like Chucky, Jason, Venom, and others. So what’s Ernest all about? It’s all about an extraterrestrial from the Cryzal Galaxy who discovered love and connection during his explorations on Earth and vowed to return to share these feelings with the rest of humankind during festive times. In the wake of the team’s Marvel artist Carlos Dattoli’s success selling out two NFT projects, Ernest’s popularity has drastically risen. With over 15,000 followers on Instagram and discord, people are already clamoring for Carlos to take action on his outstanding and mind-blowing artworks in the hot NFT area. In response to popular demand and the generosity of the Ernest team, the notorious ghost face NFT will also be included in the giveaway, along with an additional $12,000 in cash. For more information, visit the Ernest team’s Instagram page. In order to do this, the project will develop a brand that will link people all over the world via the use of non-fungible tokens. Since its inception, NFTs have been used to represent money, power, and affluence. However, the Ernest team, together with their community, is swiftly demonstrating how the NFT space is evolving towards a more community-oriented crossroads. With a variety of cash giveaways, ranging from 66 Solana at the first 25% coined to a 1000 Solana gift at 100% minted, it is evident that these guys are devoted to rewarding their loyal community. A mysterious airdrop will deliver a spacecraft to all Ernest holders at an unannounced point after the coin’s mint, so be sure to hang onto your Ernest NFT to take advantage of this opportunity. There will be a ceiling of 100 coins per wallet, with a restriction of 10 per transaction. In the aftermath of their first mint event on 29th November 2021, they have decided to pursue further this path and offer their community the chance to engage in the minting process. If someone purchased Ernest for 2 or 3 SOL, they’ll get a free Ernest NFT for every one possession as a thank you for the rocky road and to compensate for their earlier sale, the team has chosen to decrease the future mint price of Ernest to 1.5 SOL. So, they’re making money, they’re selling merchandise, what else are they doing? A full-fledged comic will be produced by the Ernest team after they reach 75% of sales. Holders will be allowed to utilize their NFTs from this point forward, and they may even have the opportunity to have their own customized Ernest NFTs included in a finished comic book (to see a preview of the two-part origin story you can check it out on the Ernest In Disguise website). Overall, this is a welcome addition to the Ernest In Disguise series’ already impressive list of customizability! This isn’t the only great thing about the Ernest NFT community! After selling out half of their supply, they’ll be launching a limited-edition merchandise line, with 10% of the minters getting their hands-on personalized Ernest merchandise. The best way to show your love for Ernest is by making your own and wearing it on an apparel item of your choice! It’s not only the comic and the merchandise drop and the cash giveaways that they have planned for the post-mint. For the first three months, Ernest expects to take home 90% of the royalties from secondary sales. By purchasing low-priced NFTs on secondary markets, they will aggressively increase the value of those who own Ernest. Besides, there will be an airdrop of a free spacecraft NFT for everyone who has an Ernest NFT after the minting date. The project will develop a brand that will link people all over the world via the use of non-fungible tokens. Since its inception, NFTs have been used to represent money, power, and affluence. However, the Ernest team, together with their community, is swiftly demonstrating how the NFT space is evolving towards a more community-oriented crossroads. With a variety of cash giveaways, ranging from 66 Solana at the first 25% coined to a 1000 Solana gift at 100% minted, it is evident that these guys are devoted to rewarding their loyal community. A mysterious airdrop will deliver a spacecraft to all Ernest holders at an unannounced point after the coin’s mint, so people should make sure to hang onto their Ernest NFT to take advantage of this opportunity. There will be a ceiling of 100 coins per wallet, with a restriction of 10 per transaction. So, they’re making money, they’re selling merchandise, what else are they doing? A full-fledged comic will be produced by the Ernest team after they reach 75% of sales. Holders will be allowed to utilize their NFTs from this point forward, and they may even have the opportunity to have their own customized Ernest NFTs included in a finished comic book (to see a preview of the two-part origin story you can check it out on the Ernest In Disguise website). Overall, this is a welcome addition to the Ernest In Disguise series’ already impressive list of customizability! This isn’t the only great thing about the Ernest NFT community! After selling out half of their supply, they’ll be launching a limited-edition merchandise line, with 10% of the minters getting their hands-on personalized Ernest merchandise. The best way to show your love for Ernest is by making your own and wearing it on an apparel item of your choice! It’s not only the comic and the merchandise drop and the cash giveaways that they have planned for the post-mint. For the first three months, Ernest expects to take home 90% of the royalties from secondary sales. By purchasing low-priced NFTs on secondary markets, they will aggressively increase the value of those who own Ernest. Besides, there will be an airdrop of a free spacecraft NFT for everyone who has an Ernest NFT after the minting date, and there are wild guesses as to where this spaceship will take their frightening alien buddy. Well, it is obvious that the Ernest team is all about building a prosperous community. With this in mind, the Ernest Insiders DAO is the last piece of their future ambitions. Those who own two Ernest NFTs will be able to participate in future initiatives for the project and community and gain exposure to sensitive and important information on anything trading and cryptocurrency-related. Having been in the crypto community for so long, this is another opportunity for token holders to get involved and help develop a genuinely innovative business. Be sure to stick around, for Ernest’s quest is far from done. Ernest now has a unified group of people that support the project.  

5 Top Altcoins To Buy This Week January 2022 Week 3

Since the launch of the foremost digital cryptocurrency, Bitcoin, numerous alternative currencies (altcoins) have come onto the scene, opening an avenue for investors to search [...]

Solana-Based Solrise Hires TradFi Exec To Expand Its DeFi Ecosystem

Solana-Based Solrise Hires TradFi Exec To Expand Its DeFi Ecosystem
Solrise is thrilled to announce the expansion of its team by hiring Joseph Edwards as Head of Financial Strategy. Joseph Edward is a financial market researcher who was the former Head of Research at Enigma Securities. His coming to Solrise will help grow and expand its ecosystem of products and services. Solrise has not stopped […]

Metaverse Gaming Platform Space Falcon Partners With Peech Capital

Metaverse Gaming Platform Space Falcon Partners With Peech Capital
Peech Capital, a multi-strategy crypto investment and advisory firm, has announced a strategic partnership with Space Falcon, an Intergalactic metaverse integrating the classic space shooting game with built-in premium sci-fi NFTs. Peech will support Space Falcon’s marketing efforts and nurture the ecosystem from the start. Peech Capital helps digital asset firms achieve their goals by […]

Solana could become the ‘Visa of crypto’, says Bank of America

Solana will curve off Ethereum’s market share to see Visa-like transactions, says BofA strategist…

The post Solana could become the ‘Visa of crypto’, says Bank of America appeared first on Coin Journal.

Solrise Scouts TradFi Exec to Allow Institutions Explore Solana DeFi

Solana DeFiSolrise appointed Joseph Edwards to be the Head of Financial Strategy. Edwards worked as the Head of Research in Enigma ...

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Solana Could Become the Visa of Crypto World, Claims Bank of America

Solana Could Become the Visa of Crypto World, Claims Bank of America

Major US Bank, Bank of America (BoA) compared Solana blockchain to the world’s largest credit card network, Visa. In a research note published Tuesday, BoA research analyst, Alkesh Shah expressed optimism for the top smart contract platform over its ‘scalability, low transaction fees, and ease of use,’ going ahead to add: “Solana could become the Visa of the digital asset ecosystem.” Shah believes Solana even has the potential to take over Ethereum by distinguishing itself through ‘user adoption and developer interest.’ Ethereum, meanwhile, could become the blockchain for ‘high-value transactions and identity, storage and supply chain use cases,’ while Solana grows itself as a settlement layer. Since its launch in 2020, Solana has settled over 50 billion transactions, has more than $11 billion in total value locked, and has been used to mint over 5 million non-fungible tokens (NFTs). Visa, on the other hand, processed 164.7 billion transactions on Sept. 30, 2021. When comparing the transactions per second (TPS) on blockchain networks to those performed on credit card networks, Visa can theoretically handle at least 24,000 TPS but averages around 1,700 while the TPS for Ethereum stands at 15. In comparison, Solana overtakes both Ethereum and Visa with a theoretical limit of 65,000 TPS. Bank of America further stated that Solana and other alternative blockchains could even grab the market share from Ethereum over time. Currently, Ethereum has a market cap of $402 billion, which is more than eight times greater than Solana’s market cap. According to CoinMarketCap, SOL is currently the fifth-largest cryptocurrency with a market capitalization of $47 billion.

The post Solana Could Become the Visa of Crypto World, Claims Bank of America appeared first on Cryptoknowmics-Crypto News and Media Platform.

Market Analysis Report (13 Jan 2022)

Crypto Funds Outperformed Traditional Hedge Funds in 2021 | Coinbase to Launch Derivatives Trading After New Acquisition | Solana Could ‘Become the Visa’ of Crypto: BoA

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