yellow image of kazakhstan with central bank of kazakhstan logo in foreground

Central Bank of Kazakhstan CBDC Rollout

green image of casper coin in pile of altcoins

Casper Coin – What is it?

blue picture of cryptocurrency reward app mobile phone

Best Crypto Rewards Card UK

Yield Farming Crypto Explained

green image of cryptocurrency on table with quant logo overlayed

QNT Crypto - Everything You Need to Know

NFT Farming Explained

blue image of crypto coins and biconomy logo

What is Biconomy?

pink image of nft motherboard. Donald Trump and USA flag in foreground. 

Trump NFT Collection Raises Eyebrows

red image of microsoft logo. Crpyto coins in foreground

Microsoft Crypto Mining Ban on Cloud Services

green motherboard tech with fantom ftm logo

FTM Price and Predictions

green image of bitcoins with a person buying bitcoin on their phone

How to Buy Bitcoin UK Guide

red image of ftx logo on mobile phone. Ryan Salame sitting in foreground. 

Co-CEO Ryan Salame Exposes FTX Truth

yellow image of Eiffel tower with crypto falling

France Crypto Rules Under Pressure

pink image of 3d virtual house plot with "For Sale" sign

The Virtual Land NFT Rush: Why Not You?

yellow image of bitcoins on a laptop with a sign that says "taxes"

Are Crypto Gains Taxed in the UK?

red image of woman holding binance coin. 

Binance Suffers $1 Billion in Withdrawals

red image of bankman fried in front of image of man in handcuffs. 

Former FTX Boss Denied Bail in the Bahamas

blue image of accountants and bitcoins falling 

Accointing: A One-Stop Crypto Tax Solution

Fraud in online advertising is a major headache for media companies. One platform dedicated to fighting it is Verasity, the protocol and product layer blockchain committed to a better user experience for everyone in the digital content space. 

By offering security, transparency, and trust, [Verasity](https://verasity.io/) hopes to eliminate online ad fraud. 

## How does Verasity work? 

Using Proof of View (PoV) technology, Verasity delivers transparency in advertising. Leading content delivery networks integrate VeraViews as they attempt to eliminate ad fraud and bring accountability and authenticity to online advertising. 

PoV is patented technology combining a distributed ledger backend with advanced bot detection. The fact that transactions are stored on an open ledger blockchain ensures that the transactions are valid and that there is transparency in reporting and auditing. 

When digital transactions happen, hundreds of data points are passed between devices. These can be analysed to identify bot involvement. Bot transactions are responsible for the majority of online advertising fraud. 

## VRA token 

Verasity has its own digital currency, VRA, which was designed for exchanging and transferring value in areas such as eSports, online gaming, NFTs, and digital videos. It is listed on more than two dozen cryptocurrency exchanges and held in more than 300,000 VeraWallets. 

VRA can also be used in Verasity’s staking programme and utilised to pay rewards to those participating in the network. 

## An entire ecosystem 

The Verasity [ecosystem](/news/article/vra-crypto) encompasses a wide range of features and tools for online advertisers. 

The primary offering, [VeraViews](https://verasity.io/veraviews), is an ad tech stack using the patented PoV tech to detect and prevent fraud in the deployment of video content by identifying bot results that artificially inflate viewing figures. 

Verasity also has its own video player, VeraPlayer, with VeraViews built in, which promises to optimise advertising revenue for its partners. It is deployed on the eSports offering, [VeraEsports](/news/article/vra-crypto-esports). 

Verasity has its own custodial wallet for storing the VRA tokens mentioned earlier. It not only stores the tokens, but acts as a payment system supporting crypto and on-crypto options. Among the ways users can earn VRA is through the Watch and Earn mechanism. This is a reward system paying users token incentives for watching video content. 

And Verasity is part of the NFT industry with the VeraVerse marketplace, described as a complete ecosystem for NFTs, including in-game items, art, and collectables. 

## Who is behind it? 

The longstanding involvement of key team members, such as David Archer, Robert Keogh, Justin Wenczka, Elliot Hill, Sergey Molybog, and Olena Buyan, built confidence among users and investors. 

The team members are seen as professionals with established track records in relevant sectors, including media, video, and tech businesses. 

## VRA price prediction 

Price predictions for the [VRA token ](/news/article/vra-coin-doubles)suggest solid, if not stellar, increases. 

Analysis by [AMBCrypto](https://ambcrypto.com/predictions/verasity-price-prediction) looked at the possible price trends for this year as well as looking even further into the future. 

It suggested that by next month the average value will be $0.014, with a possible high of $0.015. Early next year, VRA could see that average increase to $0.015, with a high of $0.016 in February, the site said. 

The same value range is suggested for the remainder of this year, with prices ranging from $0.014 to $0.016 in November and December. 

Studying historical data, platform developments, and investor/community sentiment, AMBCrypto was able to make predictions about the VRA value longer term. It suggests slow but solid increases in the token’s value. 

For 2024, the site predicts values ranging from $0.011 to $0.017, with an average of around $0.014. A marginal increase is forecast for the following year, with an average of $0.018 and prices ranging from $0.014 to $0.022. 

This trend of marginal value increases is predicted for the rest of the decade, with averages of $0.023, $0.029, $0.037, and $0.046 in 2026, 2027, 2028, and 2029 respectively. 

## Could VRA reach a dollar? 

The AMBCrypto research suggests that VRA reaching a value of $1 is a long way off. 

Looking ahead to 2030, the average price is predicted to be around $0.059. While this could increase to $0.074 in 2031 and $0.093 in 2032, markets may have to wait until 2033 for the average price of VRA to hit $0.11, when the price range is expected to be between $0.094 and $0.14. 

The site predicts another increase in 2034, hitting an average of $0.14, still well below the $1 valuation investors will be hoping for. 

Verasity – Combatting advertising fraud 

Tencent Cloud tags itself as the largest company operating under the internet banner in China. Its flagship products, like WeChat and QQ, are used by millions of people in Asia. 

After operating as a high-performance, reliable, and secure cloud computing service for years, it jumped into the blockchain-powered economy in 2023 with a series of partnerships. 

Below, we examine some of the partnerships and their potential impact on the future of the decentralized finance (DeFi) sector. 

## Tencent Cloud has partnered with MultiversX   

[MultiversX](https://www.kraken.com/learn/what-is-multiversx-egld) was formerly called Elrond and has been labelled an Ethereum Killer. MultiversX aims to compete with other smart contract platforms by having an ecosystem of cryptocurrencies and DApps (decentralized applications). 

On 16 February, 2023, MultiversX said it had allied with [Tencent Cloud](https://www.coindesk.com/web3/2023/02/16/tencent-teams-up-with-multiversx-to-expand-web3-strategy/) to help the company with its mission of expanding its Web3 products.  

Through this partnership, Tencent will use the possibilities of its technology and MultiversX’s network to deploy a range of products on the project’s blockchain.  

The Vice President of the cloud computing company, Leo Li, said that liaising with MultiversX was a way of deepening connections between the real and virtual world.  

The announcement had a huge impact on the crypto market as ELGD, the native asset behind the MultiversX protocol, [rose by 14%](https://coinmarketcap.com/currencies/multiversx-egld/historical-data/) from an opening day price of $46.41 to an intraday high price of $53.06.  

The day's trading volume was around $123 million, corresponding to a market capitalization of $1.2 billion. 

## Avalanche and Tencent Cloud partnership 

Avalanche is among the most patronized protocols and plays an integral role in the DeFi and NFT ([non-fungible token](/news/article/nft-art-marketplaces)) markets. AAVE, Benqi, GMX, Trader Joe, Stargate, Yield Yak, Vector Finance, Platypus Finance, Pangolin, and CIAN are some of the DApps deployed on Avalanche, which has given the chain a TVL (total value locked) of approximately [$600 million](https://defillama.com/chain/Avalanche).  

As a top 10 NFT blockchain by all-time sales, with around [$430 million,](https://www.cryptoslam.io/blockchains/avalanche) Avalanche is also a major player in the digital collectibles space.  

On 22 February, 2023, Avalanche disclosed that it has partnered with the Chinese company to support developers and projects in its ecosystem.  

Avalanche’s subnets (a piece of the Avalanche network) will also be explored by both parties as it is used by many enterprises. Representatives of Avalanche believe it will help accelerate the adoption of Web3 businesses across several businesses in the mainstream.  

With this, more products can be added to Avalanche's suite of Web3 products which already includes a bridge, explorer, and wallet. 

AVAX, the native asset behind Avalanche, saw a substantial rise in trading volume for the day. About [$606 million ](https://coinmarketcap.com/currencies/avalanche/historical-data/)was poured into the coin after it reached an intraday high price of $21.46.  

The new alliance deepened AVAX's status as a medium digital asset by value, with a market capitalization of $6.4 billion (medium cap assets range between $2 and $10 billion). 

## Chainlink allied with the company in May  

Chainlink joined the crypto market to help solve the problem of interoperability, as many blockchains were built with independent features. Over time, it has become one of the most patronized decentralized oracle networks. 

On 31 May, 2023, [Chainlink](https://twitter.com/chainlink/status/1663909326770012160?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1663909326770012160%7Ctwgr%5E6f533ab32cbc6b6b38f43a5a623a5ecf4c3aab01%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.crypto-news-flash.com%2Fchainlink-and-tencent-cloud-join-forces-to-unleash-web3-potential-accelerating-decentralized-technology-adoption%2F) announced via its official X handle (formerly Twitter) that it had teamed up with the internet firm to support Web3 startup development. 

The teaming up of the two firms will see BUILD projects under Chainlink receive a minimum of $10,000 worth of default vouchers for Tencent Cloud services.  

The vouchers will facilitate access to the internet company's various cloud computing resources, including but not limited to networking, storage, and power. 

As one of the coins hit hard during the crypto winter, which was born out of the collapse of Do Kwon's Terra Network in May and Sam Bankman-Fried's FTX in November 2022, LINK rose slightly on the back of the announcement. 

As of 13:00 UTC on 11 August, 2023, LINK was exchanging hands for[ $7.55](https://coinmarketcap.com/currencies/chainlink/), and many analysts forecast the coin to breach the $10 mark again and retest $20 in the future. 

## Conclusion  

Web3 is seen as the next iteration of the internet, where billions of people across the globe will be able to connect through decentralized systems. 

Being at the helm of the internet through its cloud computing services means that Tencent Cloud will play an instrumental role in the future of the blockchain-backed economy, which relies solely on the internet to function. 

With partnerships with MultiversX, Avalanche, and Chainlink leading to a rise in their respective native assets, more strategic team-ups could reflect positively on the overall market capitalization of the[ crypto](/news/article/is-crypto-regulated-across-the-globe) industry. 

Tencent Cloud leaps into crypto with partnerships

Christ Torres posted a GIF of an animated flying cat featuring a Pop Tart body with a rainbow trail on its tail online. The Nyan Cat PFP meme hit the headlines two years ago when it sold for $590,000 and went viral online. 

This article explores the significance of the marriage between the taste for artistic collectibles and the fast-growing digital art market. 

## What is Nyan Cat PFP? 

Nyan Cat PFP is a YouTube GIF/meme showing an animated cartoon cat adorned with a Pop-Tart torso and merged with a Japanese pop song. It was uploaded in April 2021. 

The video ranked 5th on the list of most popular videos in 2021, showing the meme cat flying through space while leaving a rainbow trail behind. The GIF's original creator, 25-year-old Chris Torres, created the updated one-of-a-kind digital rendition of the meme and sold its updated version to an unidentified buyer as a non-fungible token ([NFT](/news/article/are-nfts-dead-investigation)) for [300 ETH](https://www.coindesk.com/markets/2021/02/19/nyan-cat-nft-sells-for-300-eth-opening-door-to-the-meme-economy/), which was equivalent to $590,000 in 2021. 

## The opening of NFT floodgates 

While things slowed down in the entire crypto space in 2022, the Nyan Cat PFP sale quickly became the new turning point in the fast-growing ephemera, digital art, and NFT ownership rights movement. 

Buyers started competing to purchase ownership rights for authentic digital art pieces, and millions of dollars followed artists who converted their unique pieces into NFTs, breathing a fresh lease of life into the otherwise docile art world. 

Soon after that, there was an avalanche of similar sales like a clip showing [LeBron James ](https://nbatopshot.com/moment/rundown_bull_shark9286+0ce6787a-e854-43db-a29d-90faffa9311c)blocking a shot during a Lakers basketball game that fetched $100,000, a tweet by investor and Dallas Mavericks owner [Mark Cuban](https://v.cent.co/tweet/1355995109733621762?s=v_s) sold at $952, or actress [Lindsay Lohan](https://opensea.io/assets/ethereum/0x60f80121c31a0d46b5279700f9df786054aa5ee5/124196)’s face image that for $17,000. 

While people long attached aesthetic and emotional value to physical collectables and were willing to pay a premium, digital art like the Nyan Cat is now the buzz. 

## Significance of marrying art and technology  

Art has long been a mirror to culture, reflecting society, and artists used different media to express themselves. From sculptures carved from stone or oil on canvas, the physical nature of art has its defining characteristics. What blockchain offers is a significant shift for art. 

The six-figure sale of Nyan Cat shows that the digital medium enables artists to create intricate works that wouldn't have been achieved otherwise. Through technology, artists push creative and financial boundaries revealing art forms that challenge perception. 

The marriage between art and technology on the altar of blockchain has introduced a new form of artistic expression. Virtual reality experiences, interactive installations, and augmented reality shows mean art is no longer limited to exclusive art galleries with select access. 

## Conclusion 

The eye-popping Nyan Cat sale, and others, attracted confusion and derision. However, it also opened a new frontier of possibilities for the future of art within the blockchain sphere. 

Why the animated Nyan Cat PFP fetched more than $590K  

Before turning to our list of the best AI crypto coins, let's understand what artificial intelligence is. 

AI continues to take the world by storm. Contrary to what many people say (and what the news suggests), AI is not here to 'replace' people. 

While AI will end up[ replacing millions of human jobs in 2023](https://www.msn.com/en-in/news/other/ai-will-replace-millions-of-human-jobs-by-2023-but-these-4-jobs-to-be-at-most-risk-reveals-study/ar-AA1eCrRm) alone (low-wage jobs in particular), it will force people to upskill and keep up with the latest technological trends, eventually doing much more good than harm - stagnation kills. 

An AI revolution is brewing, and the cryptosphere is no exception to its wrath (overdramatic much?). 

AI coins, in particular, are the talk of the town. These crypto assets use artificial intelligence to enhance security, scalability, and user experiences within blockchain networks. AI can be trained to identify investment opportunities, analyse market trends, detect illicit activities, and much more. 

Hence, AI crypto coins find application in AI-driven projects based on portfolio management, market predictions, decentralised marketplaces, etc. It is safe to say that the potential for AI in the cryptosphere is sky-high. Read on to learn about the best AI crypto coins on the market today. 

## Best AI crypto coins 

Here are the five best AI crypto coins in no particular order: 

- SingularityNET (AGIX). 
- Render (RNDR). 
- Oasis Network (ROSE). 
- The Graph (GRT). 
- Injective (INJ). 

## SingularityNET (AGIX) 

AGIX is, without a shadow of a doubt, one of the most in-demand AI crypto coins on the market today. AGIX is the native token of [SingularityNET](https://singularitynet.io/), an ecosystem based on AI and Artificial General Intelligence (AGI). 

The ecosystem’s goal is to create a beneficial, inclusive, democratic, and decentralised AGI. AGIX plays an instrumental role in facilitating ecosystem transactions. 

![SingularityNET](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_04_bcf32504a3.png)

According to CoinMarketCap data, AGIX is trading at $0.1776 at the time of writing (to remain consistent through this article). The AI cryptocurrency has a market cap of over $200M, a 24-hour trading volume of nearly $40M, a total supply of just over 1.30B, and a maximum supply of 2B. 

You can purchase AGIX on[ popular crypto exchanges](/news/article/coinberry-exchange-review) such as Binance, KuCoin, and Uniswap. 

## Render (RNDR) 

RNDR is the native asset of [Render Network,](https://rendernetwork.com/) an Ethereum-based GPU network that revolves around motion graphics, VFX rendering, and animation. The cryptocurrency serves as a utility token within Render Network. 

The distributed GPU rendering platform was launched in 2017 and enables artists to scale next-gen rendering work efficiently and cheaply. 

![Render token screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_12_e4f1f1aa55.png)

RNDR is currently trading at $1.43. The crypto asset's market cap is more than $500M, with a 24-hour trading volume of nearly $50M, a circulating supply of almost 372M, a total supply of approximately 531M, and a maximum supply of close to 537M. 

You can buy RNDR at cryptocurrency[ exchanges](/news/article/coinswitch-exchange) such as Binance, KuCoin, Coinbase, and [Kraken](/news/article/kraken-crypto-exchange-plans-bank-launch). 

## Oasis Network (ROSE) 

[Oasis Network](https://oasisprotocol.org/) is a Layer 1 (L1) blockchain prioritising privacy, security, and versatility. The L1 promises "smart privacy" - according to its website, to build better decentralised applications (DApps), smarter privacy is the need of the hour. 

The L1 is built keeping developers in mind, enabling them to craft confidential DApps with ease. The network's modular architecture allows superior security, low gas fees, and high throughput. 

Recently, Oasis Network announced an ecosystem fund amounting to a whopping $235M. This fund will help support like-minded projects on the L1, fostering innovation and growth within the ecosystem. Exciting times! 

ROSE, the native crypto of Oasis Network, fuels the ecosystem. 

![Oasis Network coin statistics](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_21_56974e05d1.png)

ROSE is currently worth $0.04133. The cryptocurrency’s market cap is a solid $236M, with a 24-hour trading volume of over $26M, a circulating supply of more than 5.72B, a total supply of 10B, and a matching maximum supply of 10B. 

You can easily purchase ROSE at Binance, KuCoin, and Coinbase. 

## The Graph (GRT) 

[The Graph ](https://thegraph.com/)is an open-source, decentralised protocol that leverages distributed ledger technology (DLT) to collect data, thereby eliminating intermediaries. 

This protocol is designed to organise and index data efficiently. Simply put, The Graph indexes and organises blockchain data like Google indexes the worldwide web. 

To tackle the challenges of indexing blockchain data, The Graph utilises Subgraphs (Open APIs on The Graph) to retrieve blockchain data efficiently. The protocol's native crypto asset, GRT, is utilised for resource allocation within the network. 

![The Graph coin stats from coinmarketcap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_30_82482da480.png)

GRT is available for purchase at $0.08947. The AI crypto coin's market cap is nearly $820M, with a 24-hour trading volume of almost $63.50M, a circulating supply of approximately 9.15B, and a total supply of more than 10.72B. The token's maximum supply is infinite! 

Buy GRT at Binance, Coinbase, and KuCoin. 

## Injective (INJ) 

Injective is a “blockchain built for finance”. The L1 enables developers to build top-notch financial applications, with revolutionising smart contracts, pioneering interoperability, customised decentralised finance (DeFi) solutions, and formidable security. 

Backed by the likes of Binance and Mark Cuban, keep an eye on Injective and, in particular, the L1's native asset, INJ, which is one of the few cryptocurrencies experiencing a green wave at the time of writing! 

![Injective token coinmarketcap stats](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_39_78bb1c754d.png)

INJ is currently trading at $7.64 and can be bought on Binance, KuCoin, and Coinbase. 

Best AI crypto coins unveiled: A complete guide

MagicEden is known as a top-tier NFT marketplace for Solana NFTs. But, recently, it has also [started to support](/news/article/magic-eden-expands) Ethereum and Polygon NFTs and now offers a wide range of popular digital art collections. 

The marketplace also provides minimal transaction fees, which makes it a preferred platform for NFT trading. 

Here, we’ll delve into how to use [MagicEden](https://magiceden.io/) to buy and sell NFTs. 

## Buying NFTs on the platform 

1. Here’s the step-by-step procedure for buying an NFT from this diverse marketplace. 
2. Find the NFT project you want to buy from through the collections section or the search bar.   
3. After analysing the floor price, trading volume, and other important metrics, select the collectable to buy.
4. Once you have selected a collectable, integrate a compatible wallet with the marketplace. You can find the Connect Wallet button on the top right of the screen.  
5. Find your preferred wallet from a wide range of options. 
6. Open the NFT you've picked to buy to see all its details and attributes, along with two options. You can either purchase it instantly by clicking on Buy Now or make a different price offer for the collectable. 
7. If you’re comfortable with the price, you can proceed with the Buy Now option, and it will ask you to approve the transaction.   
8. Check the amount that will be deducted and the digital asset that will be added to your wallet, and click on Approve.  

That’s how easily you can buy NFT on MagicEden. Check it by clicking on the wallet option on the top right side.   

## Selling NFTs on MagicEden 

Selling an NFT is a bit trickier than buying one. Here’s how to do it.

1. Connect your wallet containing the NFTs you want to sell on MagicEden.  
2. Once done, click on the Sell option right next to the wallet. 
3. It’ll lead to your profile, where you can find all your digital assets. Select the one you want to sell. 
4. The sell page will appear with all the details, including the previous price, mint and token address, owner, transaction, and royalty fees.  
5. After analysing all the factors, set an appropriate price for the NFT and proceed with List Now.  
6. Now approve the transaction, and your collectable will be listed for sale. You can review the received offers for it from your profile.  

Buying and selling NFTs on MagicEden is a breeze. All you need is a compatible wallet and some trading knowledge, and you'll be good to go. 


How to buy and sell NFTs on MagicEden marketplace 

The famous American basketball player LaMelo LaFrance Ball recently launched his new collection of shoes as redeemable non-fungible tokens (NFTs). 

Athletes from different sports have adopted digital assets in various ways. For instance, some have introduced fan tokens, and some have launched digital assets. And sneaker NFTs are quite popular when it comes to sports-related digital assets. 

Essentially, LaMelo shoes is a project by the player in collaboration with the renowned sports gear brand Puma and the wearable NFT collection [Gutter Cat Gang](https://guttercatgang.com/).  

This article explores these redeemable NFTs and explains how and when you can redeem them for physical LaMelo shoes. 

## LaMelo shoes - A collaboration 

LaMelo Ball is a celebrated basketball player representing the Charlotte Hornets in the NBA (National Basketball Association). He was picked in the 2020 NBA draft and signed a deal for around $100 million with Puma, aged 19. This deal included launching the MB series of wearables, including his kicks. 

The first collection, 'MB.01', was rolled out in 2021. It introduced various unique designs like the LaMelo Rick and Morty shoes. The second edition was rolled out in 2022, named 'MB.02 Fade'. It featured blue, two-shaded trainers that became a fan favourite. 

Both these editions depicted LaMelo Ball as a brand by featuring his 'wings and 1' logo and taglines like "Not from here", "Rare", and others.  

The NBA star and Puma have now launched the third edition of LaMelo shoes. This edition's unique feature is that they collaborated with the GCG NFT project to create redeemable NFTs for these kicks. Anyone can mint the NFTs and redeem them to get real trainers.  

The new edition is named “[GutterMelo MB.03](https://guttermelo.com/)", showing that it is a collaborative project. The sneaker design is vibrant, with two primary colours: blue and orange. You can also find the wing logo and Gutter Cat graphics on the shoe. 

Plus, it shows all the taglines for the MB brand, like "Rare", which is written on the bottom of the shoe in a funky font. The design is also comfortable as it comes with NITRO foam cushioning, which makes it perfect for basketball courts. 

## GutterMelo MB.03 opened mint on 29 June 

The GutterMelo collection was released on one of the [largest NFT marketplaces](/news/article/largest-nft-marketplace-2023), Opensea. It went live on 29 June, allowing fans to mint the NFTs. It includes 20 NFTs representing different sneaker sizes up to American size 15.  

According to the GutterMelo site, many buyers booked their mint immediately after the launch, and the site became over-allocated. Therefore, only the early buyers were able to mint the tokens.  

Initially, the LaMelo shoe price was set at $175 for early buyers. Wait-list buyers had to pay $195 for a GutterMelo NFT. The price for the public sale of these NFTs was $215. 

At the moment, the floor price of GutterMelo NFTs is 0.069 ETH. 

## LaMelo Shoes NFT redemption closes 

The ones who have minted the NFTs could redeem them for real shoes. The project opened the redemption period on 18 July, 2023, and was due to close on 20 August. During this period, you could claim your physical sneakers by going to the GutterMelo site and redeeming the NFT there.   

## How to redeem a GutterMelo MB.03 NFT 

Here's the step-by-step process owners followed to redeem MB.03 sneakers: 

![Guttermelo mb shoe website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_14_at_11_33_23_d2397ed114.png)

1. Visit the GutterMelo site within the redemption period.  
2. Find the Connect Wallet option on the top-right of the screen. Click to integrate cryptocurrency wallets like Metamask, Trust, or Coinbase into the website. 
3. Ensure that the [wallet](/news/article/best-ethereum-wallet) has some amount of Ethereum to pay for the gas fee. Usually, the amount required for gas is between $5 and $35. 
4. Click the redeem button to burn a token to get a new LaMelo shoes NFT and physical shoes. 
5. Provide your shipping address while redeeming the NFT. 
6. The shipment procedure for the physical shoes will begin this month, and the receiver may have to pay the shipping charges. 

By following this procedure before the closure of the redemption period, owners could get the 'Rare' GutterMelo sneakers. 

## Final thoughts 

LaMelo Ball has launched his third edition of sneakers with Puma and GCG. 

The unique thing about this edition is that they are NFT-based sneakers. When you purchased them, you got limited edition shoes and also had them as digital collectables. 

What are LaMelo Shoes NFTs by Puma and Gutter Cat? 

Today, thanks to legit NFT [(non-fungible token)](/news/article/upcoming-nft-projects) marketplaces such as OpenSea, X2Y2, Blur, LooksRare, and Rarible, it has become extremely easy to sell digital items that do not have any physical correspondence. Now [DMarket](https://dmarket.com/) is becoming popular for trading in-game items. 

As the NFT market peaked in 2021, many areas of the global economy decided to cash in on the emerging space. Among them was the gaming industry, which has been producing in-game items that can be sold and bought on specific marketplaces. 

One such marketplace is DMarket, which has been trending for some time. The website sees [millions of monthly visitors](https://www.similarweb.com/website/dmarket.com/#overview), with users visiting around 13 pages each time and spending about five minutes on the site. This explains why it is ranked among the top 100 portals under gaming in the US. 

While thousands of people have left rave reviews about the platform, it is not uncommon to come across others who are not happy with many aspects of the website's operations. 

Below we consider is DMarket legit as a place to go about your buying and selling activities of in-game items tied to the NFT market. 

## What is DMarket?  

Currently under parent company Mythical Inc. after being acquired in January 2023, DMarket was founded in 2017 as a worldwide marketplace that helps gamers exchange in-game items from video games under titles such as Team Fortress 2, Dota 2, Rust, and Counter Strike (CS: GO).  

The in-game items are popularly termed “skins”. Skins are virtual goods (non-physical goods bought for use in online games or online communities).  

## Is DMarket legit? The pros 

Many positive reviews about DMarket can be found online. As one of the few platforms to embrace the blockchain economy, it has facilitated more than 80 million transactions with over 23 million closed deals. But is DMarket legit? Let us examine some of the pros of using this platform. 

- It's emerging as a top blockchain-based marketplace. In a 2021 Metaverse Report by Newzoo, one of the most credible market research firms, DMarket was tagged as a top three blockchain-based marketplace. The Metaverse is gradually becoming an integral part of the Web3 economy. Video gaming plays a substantial role in the Metaverse, while items derived from engaging with objects in games can also be converted into NFTs, which can be sold for money. 

- Having seen the lack of interoperability in the blockchain-powered economy, DMarket provides a bridge between the virtual and real world by serving as a cross-chain platform that accumulates multiple Metaverses for broadcasters, eSports organizations, video games, influencers, and brands. This explains why it has more than one million skins in its marketplace, has a bot that guarantees easy and quick trading, and holds a 4.5-star rating on Trust Pilot.   

- Accessibility and numerous payment options for traders. The skins need to be bought and sold using fiat or digital currency. Payment methods available to users include e-services platforms (PayPal, Neteller, Skrill, and Payoneer), bank cards from financial services companies like Mastercard, VISA, and Union), and bank transfers. Cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC) are also accepted. Smartphone users can also access the marketplace on Google Play Store (Android) and Apple Store (iOS) and also take advantage of the many language options available in customer service.     

- Updated API systems. One of the most complained aspects of trading is scalability. The platform’s application programming interface (API) makes it easy to trade. Aside from that, it also helps users manage their inventory as they trade in bulk without facing technical problems.  

## Is DMarket Legit: The cons  

While the team behind the project has created a great ecosystem where brands, influencers, players, and game developers can contribute securely to video game content while making profits in the process, many people have shed light on the platform’s 7% fee.  

Many sellers have accused the company of putting profits ahead of satisfying sellers. Aside from fees, customer service response times have been rated poorly by millions of the platform's users. 

Is DMarket legit for buying and selling NFTs? 

On 23 November, 2022, the news of the demise of Tiantian Kullander broke the internet. He was one of the leading entrepreneurial figures in the crypto world, and the news of his sudden death at the age of only 30 shocked many. Since then, people have become curious to know more about him and his net worth. 

In this article, we will explore assessments of Tiantian Kullander net worth at the time of passing, who exactly he was, and the details about his mysterious death. 

## Tiantian Kullander - Co-founder of the Amber Group 

Swedish-Chinese investor Tiantian Z. Kullander is known by TT in the business world. He had a keen interest in the DeFi industry, and because of that, he co-founded Amber Group in 2017 and Rook Labs in 2020. 

[Amber Group](https://www.ambergroup.io/) is a widely known crypto unicorn firm based in Hong Kong. The firm offers crypto trading services to its clients worldwide. TT showed outstanding commitment and put in all the hard work to bring the firm to unicorn status. He is known for introducing electronic market-making and consumer products and infrastructure that has enhanced the services of Amber Group for its institutional clients.  

Rook Labs is a unique marketplace on the Ethereum blockchain that works with [MEV design](https://www.coindesk.com/learn/what-is-mev-aka-maximal-extractable-value/). Moreover, he also founded a firm known as KeeperDAO, which introduced liquidity underwriting services for on-chain assets for the first time. Apart from that, Kullander also served as the board member of[ Fnatic,](https://fnatic.com/) an esports community. 

However, before TT started his entrepreneurial journey with his digital assets firms, he had been associated with various renowned financial firms. These include big names like Goldman Sachs, Morgan Stanley, and others. All of these professional achievements placed him in the [Forbes 2019 30 under 30](https://www.forbes.com/under30/list/2019/asia/finance-vc/#46e7f8d04baa) list. 

## Tiantian Kullander net worth estimate 

Tiantian Kullander net worth estimates from various sources suggest that it was between $100 to $150 million, approximately. Largely, TT's earnings came through his DeFi startups and [crypto investments](/news/article/crypto-invest-strategy). Sources further claim that the entrepreneur owned multiple luxurious properties, lavish cars, and motorbikes.  

However, the Amber Group was valued at around $3 billion at the time of his passing. Some [reports](https://nypost.com/2022/11/27/crypto-founder-tiantian-kullander-unexpectedly-dead-at-30/) indicate that TT was expected to raise over $100 million for his DeFi unicorn earlier in November. But sadly, Kullander died on 23 November before further developments.  

## What was the cause of Tiantian Kullander’s death? 

Tiantian’s death has been a mystery. According to reports, the young crypto entrepreneur died during his sleep, shocking his admirers. The Amber Group announced the news via its official website, confirming that TT died in his sleep. 

The firm's statement said, "He put his heart and soul into the company in every stage of its growth. He led by example with intellect, generosity, humility, diligence, and creativity." 

The statement further read that TT's creativity and knowledge have inspired many people and projects in the crypto space. It expressed the sorrow by saying, "We lost a great partner and a true friend in TT." 

However, the mysterious nature of TT’s death at such a young age has raised many questions. But no authority has found anything regarding the cause of the death of TianTian Kullander. Therefore, the demise of a famous 30 under 30 crypto investor, TT, will likely remain a mystery. 

## Final thoughts 

The death of the famous investor, TT, remains a puzzle for the business and crypto community. The entrepreneur was only 30 when he was declared dead during his sleep. 

Estimates put Tiantian Kullander net worth at between $100 and $150 million. Meanwhile, one of his startups was valued at around $3 billion. The influential crypto figure achieved tremendous feats in his short life span. 

TT was associated with financial giants like Goldman Sachs and Morgan Stanely as a trader. Later, he started to explore the DeFi industry with his startups like Amber Group and Rook Labs Inc. His outstanding achievements in his professional life have also earned him a place in Forbes 30 under 30 list. Sadly, he left the world unexpectedly at the age of only 30. 

Latest Moni

Latest articles | Page 32