Twitter Blue Subscription Could Boost Dogecoin Price – Musk’s Support Pushes Crypto Ahead

• Elon Musk has announced a new Twitter Blue subscription which will help reduce ads for users.
• This move could positively benefit Dogecoin (DOGE) due to Musk’s support for the memecoin.
• Twitter Blue currently costs $8 per month with an extra $3 for payments made through Apple and Google’s App Stores.

Elon Musk, the CEO of Tesla and the new owner of the micro-blogging site, Twitter Inc, has announced the launch of a new Twitter Blue subscription service. This new subscription service could have a positive impact on Dogecoin (DOGE), the crypto industry’s first memecoin, due to Musk’s support for the coin.

The Twitter Blue subscription is an attempt to reduce the amount of ads which have been on the decline since Musk took over the ownership of the social media platform. The subscription currently costs $8 per month and users have to pay an extra $3 if they make payments through Apple or Google’s App Stores. The idea is that Twitter will eventually incorporate Dogecoin into its payment system, further boosting the coin’s popularity and providing more ways for people to make payments.

Musk has been a vocal supporter of Dogecoin and has been actively promoting the coin through tweets and jingles. He has even gone as far as to call himself „The Dogefather“ and has expressed his enthusiasm for the coin. With the launch of Twitter Blue, Musk’s support for Dogecoin could prove to be a major factor in driving the price of the coin up.

The growth of Dogecoin has been nothing short of amazing, with the coin’s market cap now standing at over $10.5 billion. As the cryptocurrency continues to gain traction, the new Twitter Blue subscription could be the driving force behind its success. If the subscription is successful, it could lead to more people using Dogecoin as a way to make payments, which would in turn help drive the price of the coin even higher.

Although the potential impact of Twitter Blue on Dogecoin remains to be seen, it could end up being an important step in the coin’s growth and development. Only time will tell if Musk’s efforts to promote the coin will result in a significant increase in the price of Dogecoin.

13 Crypto Projects That Could Produce 50-100x Gains, Similar to SOL & MATIC

• Crypto analyst Miles Deutscher has shared a list of 13 crypto projects that could produce a 50 – 100x growth, similar to what happened with Solana (SOL) and Polygon (MATIC).
• The number one project on Deutscher’s list is the Sui Network, a high-performance L1 which uses the Move programming language.
• Other projects on the list include Avalanche (AVAX), Polkadot (DOT), Celo (CELO), Near Protocol (NEAR), and Algorand (ALGO).

Crypto enthusiasts are keeping an eye out for the next big project that could produce a 50 – 100x growth in the digital asset space, similar to what happened with Solana (SOL) and Polygon (MATIC) recently. To that end, a crypto expert with the user name Miles Deutscher has shared a list of 13 new crypto projects to watch out for.

Leading the pack is the Sui Network, a high-performance L1 which uses the Move programming language. The protocol was founded by 5 former Meta engineers who once worked on the tech giant’s Libra/Diem project. The Sui Network has been under development for quite some time and it recently released its Testnet Wave 2 upgrade in readiness for its yet-to-be-announced full launch. The technological prowess of the Sui Network can be likened to that of Ethereum (ETH), and it offers a great potential for returns.

Other projects on the list include Avalanche (AVAX), Polkadot (DOT), Celo (CELO), Near Protocol (NEAR), and Algorand (ALGO). All of these projects offer a high degree of scalability, smart contract capabilities, and staking capabilities. Avalanche, in particular, is a highly anticipated project that promises to solve the scalability issue that has plagued the Ethereum blockchain for quite some time. The project’s native token, AVAX, is already up by more than 800% since its launch in December 2020.

Other projects on the list include Solana (SOL), Kusama (KSM), Binance Smart Chain (BSC), Fantom (FTM), and Elrond (EGLD). All of these projects have the potential to make huge gains, as they have all experienced growth in the past few months.

It is important to note that investing in any of these projects comes with a certain degree of risk, and investors should do their own research before getting involved. However, these projects could be the next big thing in the digital asset space, and they could be the ones to watch out for in the months to come.

Ciekawe wiadomości: Ja Rule’s Fyre Fest NFT, aukcja tweetów Trumpa, mięśnie Tezos w

Nifty News to podsumowanie wszystkich wiadomości NFT nadających się do druku. Dzisiaj:

Ja Rule biczuje malowanie na Festiwalu Fyre, ruchy taneczne są tokenizowane, a nowa rekordowa cena za licencjonowane pamiątki sportowe NFT

Najnowszą gwiazdą, która nagle zdała sobie sprawę z ogromnego artystycznego znaczenia sztuki tokenizowanej (lub „ zarabiania “ w zależności od twojej perspektywy) jest raper i współzałożyciel Fyre Festival Ja Rule – który sprzedaje na aukcji 48-calowy na 60-calowy , obraz olejny przedstawiający firmowe logo Fyre Fest z towarzyszącym mu NFT. Aukcja, która ma cenę minimalną 600 000 $, rozpoczyna się dzisiaj na Flipkick.

Fyre Festival był bardzo popularnym, luksusowym festiwalem 2017 na Bahamach, oferującym pakiety biletów o wartości 100 000 $, które zamieniły się w legendarną katastrofę. Współzałożyciel Billy McFarland wylądował w więzieniu na sześć lat za 28 milionów dolarów oszustwa, ale Ja Rule został oczyszczony z wszelkich wykroczeń. Jednak najwyraźniej nadal żywi złe uczucia. „Fuck this painting” pisze w swoich notatkach o NFT i malarstwie.

Długa historia Rule z NFT sięga co najmniej „kilku tygodni” – kiedy po raz pierwszy odkrył tę koncepcję. „Nie byłem na nich zbyt dobrze wykształcony i nadal dużo się o nich uczę” – zacytował go Forbes .

„Myślę, że ludzie byli trochę zmęczeni zwykłym sposobem inwestowania w akcje i obligacje”.
Tokenizowane ruchy taneczne

Firma zajmująca się sztukami performatywnymi Beauty in the Streets nawiązała współpracę z technologią blokową Enjin, aby umożliwić tokenom tokenizację ich ruchów sygnaturowych jako niewymienialnych „emotek” opartych na tokenach. Tokenizowane przedmioty kolekcjonerskie reprezentują szczególnie trudne ruchy – pomyśl o moonwalk Michaela Jacksona – które są następnie sprzedawane graczom do wykorzystania jako animowane emotikony w uczestniczących grach.

Pierwszy tokenizowany ruch, „ Speedy Walkovers “ Snap Boogie, jest dziś wystawiony na aukcji i może być używany w grze AlterVerse opartej na Enjin.

Tezos mówi o zielonych NFT

Po zeszłotygodniowych reakcjach społeczności artystycznej przeciwko ArtStation w związku z kosztami ekologicznymi bicia NFT , nowy rynek NFT na Tezos mówi o swojej efektywności energetycznej. Tezos blockchain wykorzystuje Liquid Proof of Stake (LPoS), który jest znacznie bardziej energooszczędny niż Proof of Work (PoW) Ethereum – przynajmniej do czasu uruchomienia Eth2.

Hic et Nunc , platforma handlowa NFT zaprojektowana przez brazylijskiego programistę Rafaela Limę, działa już od około dwóch tygodni. Mike Tyka, luminarz sztuki cyfrowej, wybił swoją kolekcję Portraits of Imaginary People jako NFT, która obejmuje prace wcześniej wystawiane w Christies. Powiedział:

„Bicie NFT przy użyciu Ethereum wyeliminowałoby lata prób zmniejszenia mojego osobistego wpływu na klimat za pomocą jednego kliknięcia. Po odkryciu kilku zalecanych alternatyw, poczułem, że jeśli mam zamiar wejść w tę przestrzeń, chcę wesprzeć to, co widzę jako jedyna praktyczna i etyczna przyszłość NFT. ”

Survey finds 25 per cent of UK investors

Survey finds 25 per cent of UK investors would have made £1m profit on BTC

A new survey has found that a quarter of investors in the UK would have made millions in profits if they had invested in Bitcoin in 2020.

New research from UK think tank Parliament Street has found that 25 per cent of UK investors estimate they would have made £1m or more in profit if they had Bitcoin Profit review invested all their assets in Bitcoin in early 2020.

The survey, titled „The Great Cryptocurrency Report“, asked 2,000 UK investors about their confidence in crypto and general investment plans for 2021.

The survey found that 29 per cent of respondents were persuaded to invest by the outsized returns achieved in the recent bull run.

But on the other hand, the survey also found that 31 per cent would not invest in cryptocurrencies because they believe they have already „missed the boat“.

Investors also gave their own price predictions in the survey. 31 per cent said they expect the bitcoin price to rise to around US$69,000 this year. That would correspond to an increase of 23 percent over the current price. Only a few of them are even more optimistic. 18 percent expect Bitcoin to reach over 100,000 pounds in 2021.

Compared to Kraken CEO Jesse Powell’s forecast, this is even more conservative

He predicts Bitcoin will rise to $1 million within the next decade. Powell told Bloomberg when asked what would happen if Bitcoin could replace all the world’s currencies:

„That would mean that the market capitalisation of the dollar and the euro together would add up to what Bitcoin could be worth.“

Attitudes towards cryptocurrencies are changing among some UK investors at the moment, but more than half of those surveyed still have no interest in entering the market any time soon. The survey found that 55 per cent of respondents have no plans to invest in crypto at all this year. In addition, 52 per cent said they would rather invest in the stock market and traditional assets such as gold.

These findings are supported by another survey conducted in the UK in February. This surveyed 6,070 British residents over the age of 18. It found that 57 percent would not invest in cryptocurrencies.

O Ethereum realizou picos de tampas para registrar

O Ethereum realizou picos de tampas para registrar altas como enchentes de capital: Relatório

A tampa realizada pelo Ethereum atingiu novos máximos este mês, indicando que o dinheiro novo está correndo para acumular ETH.

A capitalização realizada pelo Ethereum aumentou em quase 50% em janeiro até agora para marcar novos recordes acima de US$ 70 bilhões, de acordo com a CoinMetrics.

Os dados mostram que a capitalização realizada pelo Ethereum mais do que triplicou desde que caiu abaixo de US$ 25 bilhões no crash „Black Thursday“ de março de 2020.

A métrica de capitalização realizada calcula o valor do fornecimento de um ativo criptográfico de acordo com a última vez que cada unidade foi movida na cadeia. O indicador Bitcoin Pro procura estimar o preço realmente pago por cada ETH em circulação – em vez de simplesmente multiplicar o preço atual pelo fornecimento total como faz o limite de mercado. Entretanto, o cap realizado não pode contabilizar moedas que são negociadas apenas em bolsas centralizadas e não se movimentam na cadeia.

O indicador é projetado para oferecer uma forma de compensar as moedas perdidas ou não reclamadas, ignorando sua apreciação desde o momento em que cada unidade foi transferida pela última vez na cadeia.

CoinMetrics inferindo que muitos novos investidores

Ignorando a capitalização flutuante das moedas dormente, o cap realizado oferece um sinal para quando novo capital está fluindo para um determinado mercado, com a CoinMetrics inferindo que muitos novos investidores podem ter comprado os sacos de baleias ETH temperadas durante o mercado de touro de janeiro.

O relatório também observou um pico de 5% no número de endereços Ethereum com mais de 10.000 Ether, com 1.241 carteiras atualmente com $13,8 milhões ou mais em ETH. Como tal, a CoinMetrics conclui que „investidores institucionais estão começando a comprar ETH“.

O crescimento da tampa realizada da Ethereum parece ter superado o da Bitcoin no ano passado, com a Glassnode relatando que a tampa realizada da BTC tinha crescido 50% desde o início de 2020, a partir de 15 de dezembro. Os dados da CoinMetrics indicam que o Ethereum havia visto um aumento de 85% durante o mesmo período.

O Índice Flippening do Blockchain Center estima atualmente que o Ethereum está 71% do caminho para superar o Bitcoin de acordo com oito métricas-chave – compreendendo um novo recorde histórico para o indicador.

O índice observa que o Ethereum já ultrapassou o Bitcoin por taxas de transação e contagem de transações, e estima que o volume de transações e a contagem de nós estão em 99% e 97% do Bitcoin, respectivamente.

GameStop affair: actions on DeFi, the false good idea?

The GameStop affair shook the financial world at the end of January. The withdrawal of stocks affected by speculative movements on Reddit shocked social media, providing a spotlight on decentralized finance. Is tokenizing DeFi shares the ultimate solution? Not really. Response elements.

What happened to the GameStop action?

Small reminder of the facts. On January 27, thousands of individuals spread the word on the Reddit discussion forum to buy shares of companies in difficulty, including GameStop (the parent company of Micromania in France). All via the Bitcoin Compass trading application for individuals.

Goal ? Raise the share price in order to cause the bankruptcy of hedge funds (speculative funds), these giants of Wall Street who had bet on their collapse. And save the business from programmed death.

“This is called shortselling (short selling). It is a trade that pays big if the share falls, but which is expensive if the share rises, since hedge funds must then redeem themselves at a loss, ”says Anice Lajnef, former trader at Société Générale.

For GameStop, it was the Melvin Capital fund that was in the process. But the catch is that the appeal of individuals on Reddit has largely been followed. And the hedge fund lost five billion dollars on this operation. “The stock shot up to over $ 480, whereas it was trading a few tens of dollars before the deal. “

A show of force from WallStreetBets , the group of small traders gathered on Reddit. But why did Melvin Capital bet against the GameStop company?

“With the digitization of gaming, the company was in bad shape and it is for this reason that the financial sharks went to kill them. But the predator was attacked in turn. The little ones came to defend the company and won the fight. “

What about efficient markets?

Market efficiency is an investment theory that argues that it is impossible to “beat the market”. According to this theory, stocks always trade at their fair value. Undervalued or overvalued equities would therefore not exist.

And for Anice Lajnef, this event shows the whole world that the myth of market efficiency does not exist.

“The myth of efficient markets is shattered. The paradox is that in 2008, these same hedge funds were in terrible shape. Central banks saved them. On the one hand, we let predators kill companies with public money and when they get screwed at their own game, they change the rules. Here, by prohibiting the purchase of GameStop shares, ”he sighs.

And this is precisely what has greatly shocked about this affair. Following the surge in the price of GameStop, trading platforms for individuals have in fact withdrawn this action from their offer . One way to prevent the action from going higher and therefore to plug the losses of hedge funds . Never seen. “We have already prevented betting on the downside against equities, by suspending shortselling . But never buy it. “

These movements, as violent upward as downward, will leave traces on WallStreet and the markets. “The company is not worth more than the future cash flows it will generate. If the share was at $ 4, it was because it should bring in 4% at most, or 16 cents per share. The number of years of dividends it would take to pay $ 400 per share is getting huge. This total disconnection is pernicious. It often catches up with the company with a violent correction in its share price. „

For Anice, this operation raises another problem. “It discredits finance and especially currency. If there weren’t so much money in circulation, it never could have happened. “

To fight against these abuses, the former trader advocates for more decentralization „A finance in the hands of the SEC (the American federal body for regulation and control of financial markets), the FED (the American central bank) and private banks, it doesn’t work. We must move towards a system that is more and more decentralized, or under the democratic control of the people ”.

Lembrete Robinhood: Não Suas Chaves, Não Sua Bitcoin

A maior notícia de hoje não é sobre Bitcoin, mas porque a moeda criptográfica e outras negociam na plataforma no centro do escândalo, é uma chamada de atenção para os investidores.

Robinhood hoje suspendeu a negociação das ações da GameStop e outras ações, incendiando a internet com raiva. Ao mesmo tempo, ele deve servir de lembrete para aqueles que usam a plataforma para exposição criptográfica no mercado da frase:

„Não suas chaves, não sua Bitcoin“.

Robinhood interrompe a negociação de ações selecionadas, Seu serviço de criptografia é o próximo?

A frase também se aplica amplamente a todas as „moedas“, mas é a Bitcoin Loophole que tomou o centro das finanças durante o último ano.

Ativos criptográficos como ele são garantidos por trás de uma camada de criptografia. Cada carteira consiste de uma chave pública atuando como endereço que os usuários utilizam para enviar e receber ativos, enquanto uma chave privada é efetivamente a senha para a conta.

O design descentralizado permite a auto-custódia dos ativos. Mas quando os usuários compram moedas criptográficas em uma bolsa e as mantêm lá, tecnicamente a bolsa possui a chave privada da carteira que contém os ativos, e assim a frase foi cunhada.

Quando outra entidade controla a chave privada dos ativos criptográficos, eles correm o risco de possíveis hacks ou apreensões. A plataforma onde os ativos são armazenados também tem uma camada de controle sobre as moedas que o próprio usuário realmente possui.

A única maneira de garantir a propriedade completa e a segurança dos ativos criptográficos, é a auto custódia, de preferência em uma carteira de armazenamento a frio offline. Esta não é uma solução à prova de tolos e muitos investidores em criptografia aprenderam isso da maneira mais difícil, mas isso é outra história.

Esta história, ao invés disso, se concentra no Robinhood, que oferece exposição às moedas criptográficas, mas não permite que elas sejam removidas da plataforma em uma carteira que o próprio usuário possui. A Coinbase, por exemplo, permite que os usuários movimentem a criptografia livremente para qualquer carteira que desejem.

Tal solução não existe para os usuários Robinhood, que tecnicamente não possuem nenhuma moeda realmente criptográfica. A Bitcoin que eles pensam ter, é apenas um IOU para BTC.

Não Suas Chaves, Não Sua Moeda: Movimente o Dinheiro para Comprar Ativos Reais

Como os comerciantes varejistas estão experimentando agora, Robinhood não é o mercado livre que eles pensavam ser, e tiveram a capacidade de comprar ações do GameStop e outras ações restritas como parte de uma controvérsia muito maior envolvendo a Reddit, o fundo de hedge Melvin Capital, e muitos outros jogadores.

A qualquer momento, Robinhood poderia restringir a compra ou venda de Bitcoin e outras moedas criptográficas oferecidas no aplicativo de negociação. A empresa já demonstrou que está disposta a se curvar quando os poderes que a exigem, e poderia deixar potencialmente milhares ou mesmo milhões de investidores sem acesso a moedas criptográficas.

É certo que esse é o pior cenário que seria difícil de imaginar, mas tudo é possível quando se trata da elite desesperada para manter o controle que há muito tempo tinham e agora estão perdendo graças a tecnologias como Bitcoin.

Aqueles com criptografia em Robinhood talvez queiram considerar vender e tomar o capital para comprar ativos digitais reais que eles mesmos possam guardar.

Salausmarkkinat menettävät 200 miljardia dollaria, kun Bitcoin laskee

Salausmarkkina-arvo on laskenut 200 miljardia dollaria 24 tunnissa keskellä merkittävää Bitcoinin ja muiden altcoiinien hinnan menetystä.

Salatut markkinat ovat menettäneet merkittävän nousun viimeisen kuukauden aikana 24 tunnin kuluessa noin 200 miljardin dollarin markkina-arvosta

CoinMarketCap-tiedot paljastivat, että salausmarkkinoiden arvo laski 1.1. Biljoonasta dollarista 10. tammikuuta noin 900 miljardiin dollariin seuraavaa rahaa.

Salausmarkkinoiden massiivinen lasku voi olla sidoksissa Bitcoin Evolution hinnan viimeaikaiseen vetäytymiseen. Viimeaikaisesta merkittävästä voitosta huolimatta Bitcoinin hinta on laskenut.

Lehdistöaikana Bitcoin oli pudonnut 15,99% viimeisen 24 tunnin aikana 32880,76 dollariin.

Vaikka muut altcoinit liittyivät Bitcoiniin äskettäisessä rallissaan, myös omaisuuserät kirjaavat tällä hetkellä tappioita. Toiseksi suurin digitaalinen omaisuus Ethereum (ETH) on laskenut 22,60% 998,18 dollariin. Myös Ripplen XRP on laskenut 11,69% 0,2795 dollariin. Lisäksi Litecoin (LTC) on pudonnut 24,18% 127,76 dollariin.

Kun kryptovaluutat laskevat ja kryptomarkkinatappioiden arvo on, UK Financial Conduct Authority varoitti :

”Jos kuluttajat investoivat tämän tyyppisiin tuotteisiin, heidän tulisi olla valmiita menettämään kaikki rahansa. Kuten kaikkien korkean riskin spekulatiivisten sijoitusten kohdalla, kuluttajien tulisi varmistaa, että he ymmärtävät, mihin he sijoittavat. „

Vuonna raportti , Forbes totesi, että hinta syöstä alkoi sunnuntaina Sunday Times paljasti, että HSBC on alkanut estämällä siirrot salauksen vaihtoa .

Goldman Sachs investiga la custodia criptográfica

Mordeduras de cadena de bloques: Goldman Sachs investiga la custodia criptográfica, resolviendo el ‚Trilema‘ de la cadena de bloques

También: Coinbase planea actualizaciones de la infraestructura para prevenir interrupciones durante los períodos de volatilidad.

¡Feliz día de Martin Luther King Jr. a nuestros lectores de EE.UU.! Un ex primer ministro canadiense dijo que el bitcoin podría convertirse en una moneda de reserva mundial, Goldman Sachs está buscando entrar en el negocio de la custodia criptográfica y MetLife es optimista con los CBDC.

¿Goldman Sachs saltando?

Sus planes de custodia criptográfica serán „evidentes pronto“, según una fuente interna. Ian Allison de CoinDesk informó que el principal banco de inversiones ha emitido una solicitud de información para Bitcoin Era explorar la custodia de activos digitales, aunque no está interesado en convertirse en un agente principal. La semana pasada, Crypto-native Anchorage obtuvo la aprobación condicional de la Oficina del Contralor de la Moneda para convertirse en un banco digital nacional.

Actualizando la base
Coinbase, un precursor de los corrimientos de toro porque es probable que la bolsa se reduzca durante los períodos de gran volatilidad, está actualizando su infraestructura para prevenir las interrupciones. También traerá más apoyo al cliente. Coinbase ha enviado señales de humo sobre la salida a bolsa este año, aunque todavía no se ha presentado.

El „cinturón y camino“ digital

La Red de Servicios basada en cadenas de bloques (BSN) de China – una red de cadenas de bloques permitida para construir aplicaciones y fichas descentralizadas – probará una moneda digital del banco central (CBDC) ya en la segunda mitad de 2021, según una entrada de blog del 15 de enero. Además, la red busca convertirse en una cadena de bloqueo con un total de 30 integraciones de cadenas de bloqueo públicas programadas para este año.

¿Ligado a Bitcoin?

LINK, el símbolo nativo del sistema oráculo Chainlink, ha alcanzado un nuevo récord histórico cuando bitcoin se mueve de lado. Omkar Godbole de CoinDesk llamó al nuevo máximo de LINK de 23,68 dólares (el anterior máximo de toda la vida de 19,90 dólares se alcanzó en agosto) y lo estableció en el comercio de la noche a la mañana. Link es sólo uno de los muchos altcoins que se están beneficiando de la consolidación en los mercados de bitcoin y de una rotación de capital en apuestas más especulativas, informa Godbole.
En juego

¿Del dilema del triángulo?

MetLife es la última institución financiera de legado que ha estudiado a fondo el tema de la criptografía. En un manual titulado „The Blockchain Blockbuster“, MetLife Investment Management (MIM), el ala de inversiones del gigante de los seguros de vida, examinó la naturaleza del dinero desde „las piedras de Yapese hasta las monedas digitales del banco central“.

Mi colega Will Foxley informó que el MIM piensa que los CBDC son cualquier cosa menos „una moda pasajera“, (palabras de MIM) y representan la „progresión lógica del dinero y la tecnología“ (palabras de Foxley). „Así como los sueños de los desarrolladores de criptografía tienden a ser bastante elevados, también lo son los de varias iniciativas del CBDC“, afirma el documento.

El informe de 18 páginas, publicado el 8 de enero, honestamente no decía mucho más que eso. Argumentó que el interés en el desarrollo de la CBDC fue estimulado por la explosión de activos digitales desatada después de que Bitcoin entrara en escena. Y concluía diciendo que los „países occidentales“ podrían mirar potencialmente hacia el experimento del yuan digital de China como una guía. Ninguno de los dos puntos es realmente discutible, pero ¡debemos debatir!

Hay un punto más pequeño que vale la pena examinar. Mientras que Alexander Villacampa y Jun Jiang, los autores del artículo, parecen pensar que los CBDC y las criptodivisiones pueden (y existirán) lado a lado, hubo un momento de conflicto existencial. Cito:

„Bitcoin y los de su calaña están constantemente luchando por mantener un equilibrio entre tres preocupaciones clave conocidas como el ‚Trilema de la Cadena de Bloqueo‘. El trilema, a menudo visualizado como un triángulo, consiste en tres cuestiones relacionadas con el desarrollo sostenible de la cadena de bloques públicos: escalabilidad, descentralización y seguridad. En el trilema se asume que al fortalecer cualquiera de los vértices del triángulo, al menos uno de los otros debe debilitarse“.

Atari partners with Enjin (ENJ) for the development of NFTs

The iconic Atari continues its exploration of the world of non-fungible tokens (NFTs) by partnering with the Enjin (ENJ) project. Together, companies are committed to promoting the integration of blockchain in video games.

Atari lands in the Enjin ecosystem

The Enjin (ENJ) project is known to be one of the forerunners of the world of non-fungible tokens (NFTs), mainly in the video game industry. For Atari , which has entered the cryptocurrency world for some time now, it was only natural to collaborate with Enjin.

From now on, all games in the Bitcoin Millionaire ecosystem will be able to use Atari’s intellectual property, even integrating some of its iconic licenses like Pong.

The first game to benefit from this will be Kick Off Evolution , created by eBallR Games which will be available from 2021. This sports-themed video game will feature an Atari-inspired NFT which will be available for purchase during the month of December.

“We are very happy with this collaboration with Atari and its launch with our latest Enjin adopter, eBallR Games. Atari resonates with all audiences because the name Atari is synonymous with gaming, and its belief in blockchain shows the maturity of this technology and the tools now available, ”said Alex Russman, Director of Business Development at Enjin.

For Atari, being able to combine NFTs with an interactive experience is very enriching. The group says it is particularly enthusiastic about the idea of ​​innovating in the sector, and this is already what it has been doing for several months.

A rather difficult entry into the market

Besides his particular interest in the world of NFTs, Atari went further. The group recently launched its own token , ATRI . Rather expected by investors and the crypto-community, all did not go as planned for Atari. Unfortunately, the price of the ATRI token plummeted very quickly upon its arrival on the markets, even falling below the price of its public fundraising.

Due to technical issues related to the distribution of pre-purchased tokens during fundraising and too few use cases upon release, the token dropped by -75% in just 2 days.

ATRI Atari course prices

Although Atari’s token is not very successful, the group already occupies a large place in the world of NFTs. In addition to Enjin, Atari has already joined other ecosystems, including that of the Ultra (UOS) video game distribution platform . Ultra will be natively integrated into the reboot of the Atari VCS, a PC / console hybrid that will be launched in March 2021.

Atari has also made a place for itself in the virtual world of The Sandbox (SAND), a blockchain game whose universe is based on NFTs owned by players.

Anyway, Atari does not intend to leave aside the world of NFTs and wishes to take advantage of the many capacities of this ecosystem to return to the fore. Ultimately, its ATRI token should gain many use cases if Atari goes further in its collaborations, which will improve the image of the token.