NFT Rivals Axie Infinity And Sandbox Battle For The Top, While Dogetti Offers New Welcome Code For Aspiring Investors!
There is a blur in the open sea
On Wednesday, February 15, NFT marketplace Blur announced that all trading on its central NFT platform will adopt restrictions on trading with rival OpenSea.
Seen as a heavy sign of increased hostility between the rivals, NFT market platform Blur first launched last October, and they mean business. The restrictions will mean that the platform will enforce a fee of between 5% and 10% when trading with OpenSea.
And My Axie Infinity!
Axie Infinity (AXS) NFT is an online video game developed by Vietnamese studio Sky Mavis. It is known for its impressive in-game economy. It sits on Ethereum-based cryptocurrencies, with much of its workforce in the Philippines.
Play-to-earn (P2E) NFT was one of the most popular hits of 2021, and has pushed forward over the past few years to create a stable community base. In January, Axie Infinity (AXS) saw an 80% increase in value.
At the time of this article, Axie Infinity was trading at $11.01, up $11.01 in the last 24 hours. However, there was a fall of 4.29% in the last week. The market value is 1,230,256,152 dollars
Thinking outside the sandbox
The Ethereum-based decentralized NFT The Sandbox (SAND) is a metaverse game project that helps the non-tech users to create, view and monetize investment interests and virtual reality NFT.
This crypto-metaverse project aims to dominate the in-game virtual reality economy with its native token, SAND. With P2E features and a selection of NFT-based projects, developers reported that they are looking to develop the metaverse.
Both the developers and founders of The Sandbox have reason to be happy, as the growth in popularity is going in the right direction. Recent PR events included Gucci, Paris Hilton and the original OG himself – Snoop Dogg. If Snoop doggy dog is involved, something is going right.
Dogetti day afternoon
You can’t say this gangster-themed meme coin lacks character, with an emphasis on community. This advance buyer has shot out of the kennel. The Dogetti (DETI) project operates on the Ethereum blockchain network, exploiting the potential that this established network can offer.
The main selling point of Dogetti is its emphasis on community, calling this feature “the family”. They also appear to be launching their very own decentralized exchange called DogettiSwap.
Transparency is essential for the developers of Dogetti. Any updates that may occur to the Dogetti concept will be put to a vote, and NFTs will also be a significant focus for Dogeti.
We’re putting the fun back into Fungible
The NTF-focused cryptocurrency concepts have been very successful during the boom years of this market. Many have suggested that it would be government legislation or watchdogs that would influence the development of wealth.
Rivalry in this area instead of regulation can cause a long-term negative effect. When OpenSea comes under attack, will the budding pirates withstand this battle? It might be time for fun NFT gangsters to hit the high seas.
For more information on Dogetti (DETI):
Website:
Telegram:
Twitter: https://twitter.com/_Dogetti_
Disclaimer:
The views expressed on this page are those of the author and not The Portugal News.
