fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Thursday, March 23, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
Online Crypto College
No Result
View All Result

Which Token Will Bring More Attention To NFTs? Gnox (GNOX) or Axie Infinity (AXS)?

June 4, 2022
in Crypto News
Reading Time: 3 mins read
A A
Which Token Will Bring More Attention To NFTs? Gnox (GNOX) or Axie Infinity (AXS)?
ShareShareShareShareShare

Related articles

Breaking: Montenegro officials arrest man suspected to be Terra founder – Do Kwon

Breaking: Montenegro officials arrest man suspected to be Terra founder – Do Kwon

March 23, 2023
Is Dogecoin Dead? This is When DOGE Price May Reach Above $0.1

Is Dogecoin Dead? This is When DOGE Price May Reach Above $0.1

March 23, 2023

The year 2021 saw explosive growth of a new crypto asset that has been in the making for years. It all started with a $6.6 million bid for a 10-second video clip by an artist, Beeple.

And what did the buyer get in exchange for those millions? A non-fungible token was attesting to the ownership of the video.

That’s what NFTs are all about, and they have always existed in the form of collectibles like art, music, or games. With blockchain, it is now possible to tokenize digital assets by creating a signature of ownership.

The recent surge in the popularity of NFTs can be attributed to the overall hype surrounding the future of metaverse and blockchain gaming. Speaking of which, Axie Infinity has emerged as one of the most popular games in the NFT domain. With 1.5 million daily active users, it has witnessed a dramatic growth in its player base.

The play-to-earn model is a gateway for new users to purchase digital assets and earn rewards by winning battles. The community-owned NFT marketplace does not only bring attention to the utility of NFTs but also accelerates the utilization rate of the game. Axie Infinity is a trendsetter in space and may continue to garner worldwide attention.

The use cases of NFTs extend beyond the world of digital art, as they can also be utilized to earn passive income through a Proof-of-stake mechanism. Similar to yield farming in DeFi, NFTs can be locked up to receive rewards without losing ownership.

However, high volatility and illiquidity in the NFT market have kept investors on the sideline. An upcoming decentralized protocol, Gnox, is looking to solve this problem by investing on behalf of the community so that users don’t run the risk of losing money. The primary objective of the platform is to allocate a majority of treasury funds into liquidity pools and versatile NFTs. This, in turn, will come back as a reward for GNOX token holders.

It’s an innovative concept to attract attention to an asset that is not popularly known for generating passive rewards. Gnox also has future plans to introduce NFT staking, which users can leverage to earn rewards in stable coins.

With many more developments in the pipeline, it’s worth noting what this project aims to achieve in the NFT space.

Find Out More Here:

Join presale: https://presale.gnox.io/register

Website: https://Gnox.io

Telegram: https://t.me/gnoxfinancial

Discord: https://discord.com/invite/mnWbweQRJB

Twitter: https://twitter.com/gnox_io


Credit: Source link

ShareTweetSendPinShare
Previous Post

Polkadot At $9.30, But Is There A Chance Of Slight Shift In Trend?

Next Post

Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto – Featured Bitcoin News

Related Posts

Breaking: Montenegro officials arrest man suspected to be Terra founder – Do Kwon

Breaking: Montenegro officials arrest man suspected to be Terra founder – Do Kwon

March 23, 2023

  Authorities in Montenegro – a Balkan country – have arrested a man who could potentially be Terra’s founder –...

Is Dogecoin Dead? This is When DOGE Price May Reach Above $0.1

Is Dogecoin Dead? This is When DOGE Price May Reach Above $0.1

March 23, 2023

Dogecoin price was trading within a decisive phase, which was broken down during the first few days of the month...

Grease Monkey Games forms a partnership with Konig

Grease Monkey Games forms a partnership with Konig

March 23, 2023

Grease Monkey Games, a subsidiary of Animoca Brands, has formed a partnership with Konig that is mutually beneficial. This will...

StormGain Launches DEX As Self-Custody Demand Grows

StormGain Launches DEX As Self-Custody Demand Grows

March 23, 2023

Cryptocurrency platform StormGain has launched a decentralized exchange (DEX) to support the decentralized trading of digital assets with no custodial...

SushiSwap served with subpoena from the U.S SEC

SushiSwap served with subpoena from the U.S SEC

March 23, 2023

In a recent proposal, it was revealed that Sushi and Head Chef Jared Grey were hit with a Subpoena.  SUSHI...

Load More
Next Post
Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto – Featured Bitcoin News

Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto – Featured Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Why Floki, Shiba Inu, and Avorak AI Could Be Solid Portfolio Picks For 2023

Why Floki, Shiba Inu, and Avorak AI Could Be Solid Portfolio Picks For 2023

March 18, 2023
Is Optimism (OP) The Next 50x Altcoin? Here’s What Crypto Expert Predicts

Is Optimism (OP) The Next 50x Altcoin? Here’s What Crypto Expert Predicts

March 21, 2023
Lightning Labs and Tari Labs agree to halt Taro protocol development

Lightning Labs and Tari Labs agree to halt Taro protocol development

March 18, 2023
‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister

‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister

March 17, 2023
Taiwan FSC to regulate crypto

Taiwan FSC to regulate crypto

March 20, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Ripple’s Chief Legal Officer Reacts To SEC’s Wells Notice to Coinbase
  • Federal Reserve Admits Blindsided Oversight of SVB Collapse
  • Congressman Emmer introduces bill providing ‘safe harbor’ to miners, developers and wallets
  • Uphold ends staking for US customers following SEC guidance
  • DOGE Rebounds, LTC Climbs 13% Higher – Market Updates Bitcoin News
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$28,528.005.62%
  • ethereumEthereum(ETH)$1,835.616.21%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.010.03%
  • binancecoinBNB(BNB)$331.103.40%
  • usd-coinUSD Coin(USDC)$1.00-0.44%
  • rippleXRP(XRP)$0.4476267.10%
  • cardanoCardano(ADA)$0.3764586.17%
  • dogecoinDogecoin(DOGE)$0.0775076.33%
  • staked-etherLido Staked Ether(STETH)$1,825.215.67%
  • matic-networkPolygon(MATIC)$1.132.82%
  • solanaSolana(SOL)$22.204.34%
  • binance-usdBinance USD(BUSD)$1.011.35%
  • polkadotPolkadot(DOT)$6.345.74%
  • litecoinLitecoin(LTC)$94.1613.06%
  • shiba-inuShiba Inu(SHIB)$0.0000114.76%
  • tronTRON(TRX)$0.06543910.89%
  • avalanche-2Avalanche(AVAX)$17.596.72%
  • daiDai(DAI)$1.00-0.08%
  • uniswapUniswap(UNI)$6.284.81%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,513.005.11%
  • chainlinkChainlink(LINK)$7.566.25%
  • cosmosCosmos Hub(ATOM)$11.796.20%
  • ToncoinToncoin(TON)$2.15-10.30%
  • leo-tokenLEO Token(LEO)$3.37-0.47%
  • ethereum-classicEthereum Classic(ETC)$20.715.47%
  • moneroMonero(XMR)$156.506.22%
  • okbOKB(OKB)$45.101.56%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • bitcoin-cashBitcoin Cash(BCH)$128.232.22%
  • stellarStellar(XLM)$0.0928913.92%
  • filecoinFilecoin(FIL)$5.887.38%
  • AptosAptos(APT)$13.116.68%
  • true-usdTrueUSD(TUSD)$1.011.39%
  • lido-daoLido DAO(LDO)$2.342.48%
  • hedera-hashgraphHedera(HBAR)$0.0625133.84%
  • quant-networkQuant(QNT)$127.344.43%
  • ArbitrumArbitrum(ARB)$1.42-71.78%
  • crypto-com-chainCronos(CRO)$0.0703063.22%
  • nearNEAR Protocol(NEAR)$2.057.02%
  • vechainVeChain(VET)$0.0235485.98%
  • blockstackStacks(STX)$1.181.56%
  • algorandAlgorand(ALGO)$0.2187492.98%
  • internet-computerInternet Computer(ICP)$5.195.49%
  • apecoinApeCoin(APE)$4.146.62%
  • fantomFantom(FTM)$0.4973278.84%
  • the-graphThe Graph(GRT)$0.1534289.15%
  • eosEOS(EOS)$1.166.63%
  • the-sandboxThe Sandbox(SAND)$0.664.30%
  • decentralandDecentraland(MANA)$0.615.86%