[Town Star](https://townstar.com/gameplay) is a unique play-to-earn gaming blockchain developed by Gala Games on the Ethereum blockchain. Players can build and rule a town while earning Town Star coin (TOWN) rewards, access in-game items through NFTs, and compete for prizes and rewards on the leaderboard.

The game offers a fun and rewarding experience for players who complete challenges and unlock play-to-earn rewards.

Gala Games introduced TOWN as a utility token to incentivise players to utilise the in-game NFTs. This virtual token is a blockchain-based cryptocurrency that can be traded on different exchanges. Users have the option to transfer or trade tokens, but they can only buy tools using in-game currency.

In this virtual world, players compete to build the most efficient and productive town possible by growing, gathering, and crafting their own 3D models. The game, created by one of the co-founders of Farmville developer Zynga, offers opportunities to top the leaderboard, win big prizes, and complete challenges to earn Town Points.

## Gameplay mechanics and token specifics

Players can acquire TownCoin (TOWN) tokens built on the Ethereum blockchain network by participating and completing its tasks. This feature allows players to earn passive income while playing the game. Additionally, user-owned in-game assets (NFTs) can contribute to earning TOWN tokens daily based on their rarity and usage in farms and towns. However, it is essential to note that gamers must actively play the [game](/news/article/free-play-to-earn-games) to earn these tokens through their NFTs.

Gala Games introduced Gala Power as a system for measuring in-game progress. By increasing their Gala Power, users can expand the number of NFTs they can place in their farms and towns. The level of Gala Power is determined by factors such as players' wallet capacity, the NFT assets they possess, how long they have had their account, and their investments in the game’s native currency.

## What is the Town Star contest all about?

In the contest, users must carefully plan and manage their city’s resources to cultivate and produce goods. By utilising AI workers and creating valuable items, players must expand their town while working within the limitations of space and resources.

The main objective is for players to use their knowledge of worker roles and building functions to construct the most productive and efficient town within the given space. Players are considered victorious when they can produce and sell high-value goods, thus earning more points than their competitors.

## How is Town Star coin added to the supply?

Players can earn tokens by engaging with NFTs. Additionally, those who operate Founder's Nodes may receive tokens as a daily reward for their efforts.

The total amount of Town Star coin tokens that can be in circulation is equal to 1 quadrillion.

## Town Star NFT

NFTs, or blockchain items, are in limited quantities and can be bought in the Gala Games store while still in stock. These items can be transferred between players and can also be transferred out. They may also have value outside of the game, and using them in the game provides additional benefits. Players can earn rewards when they use NFT items in their build, provided they meet specific requirements.

Players can access in-game items using NFTs to complete daily challenges and build their town on the platform. Those who perform well and rank highly on the leaderboard will receive attractive prizes and rewards. Additionally, players can earn rewards by completing challenges and unlocking new items in the game.

## What is Season Pass in the game?

To earn tokens in each season, players must possess a Season Pass, an NFT item referred to as a "ticket". The Season Pass acts as a key, allowing players to earn coins throughout the entire season as long as they meet other requirements. NFTs in the game have varying rarity levels, and each earns tokens daily based on its rarity level. The rarer the NFT is, the more coins it will generate daily when used in the game.

## How to obtain and redeem P2E incentives

Ensure that you have a sufficient amount of Gala Power by obtaining GALA or TownCoin and keeping it in your player wallet.

These tokens held in your wallet will be used to determine your [Gala](/news/article/gala-busd-everything-you-need-to-know) Power level.

### The equation for calculating Gala Power is:

### Gala Power = Gala Coin + (TownCoin*2).

For the first season of Town Star Play-to-Earn(TSP2E), individuals can earn daily without needing a ticket. However, starting with the following season, a valid Season Pass will be necessary to take part.

To earn points, you must have a certain number of NFTs placed and active during the 24 hours. Even if you place the NFTs just before the countdown ends, as long as all other requirements are met, they will still be eligible for earnings.


Town Star Coin Explained

Even with the entire crypto world operating like [headless chickens](/news/article/cryptocurrencies-prices-plummet), some great steps are still being taken to resuscitate the industry. Activities like NFT meetups, seminars, and networking events can play a huge part in reviving the industry's image. We'll be going over some of the most exciting NFT events London offers in this piece.

## Networkverse: Open-mic and networking

The first event to keep a lookout for is [Networkverse](https://www.eventbrite.com/e/networkverse-nft-web3-metaverse-tam-open-mic-and-networking-tickets-516521047357?aff=ebdssbdestsearch&keep_tld=1), presented by Zee West. It will take place at the Temple of Art and Music in Farringdon. The event will be held on the 16 February and will be one of the first major NFT events in London in the month of February.

The idea of the event is to present a space where individuals interested in the crypto field can get more information and listen to experienced professionals from different facets of the industry. Various panellists will be at the event, ranging from Web3 experts to blockchain developers.
The event will provide attendees with an excellent opportunity to speak with high-influence individuals and expand their network.

## Web3 and NFT meetup at the Arcade Apes bar

This one is hosted by [Web3 Events](https://www.eventbrite.co.uk/o/web3-events-57908379873), and it’s another intriguing [event](https://www.eventbrite.com/e/calling-all-web3-and-nft-enthusiasts-in-the-uk-tickets-481334082197?aff=ebdssbdestsearch&keep_tld=1) to consider attending if you're a crypto enthusiast. Happening on 18 February, you can head to the world's first Bored Ape Yacht Club bar, [Arcade Apes](https://arcadeapes.com/web3/), to participate. It seems like the perfect venue to host an NFT-related discussion and networking event.

There's one factor in this event that differentiates it from most other NFT events London offers, or elsewhere, it promotes participation of women and promises a 50-50 male-to-female cutoff at the event.

As for the itinerary, there will be a panel of speakers discussing the future of Web3 and how the industry can move forward productively. There will also be a Q&A if anyone has particular queries regarding any crypto-related topic.

To make networking easier, there will also be a bunch of fun board games to break the ice with. Locating the event won’t be too difficult, as the bar can be found on Google, and it's situated right next to the famous Buckingham Palace.

## Blockchain/Metaverse/NFT meet up at the Tower Suites

NFT events in London are one thing, but networking events where you can get a panoramic view of the entire city – now that’s a totally different experience. If you want to experience and take part in this fun event, head to the Tower Suites in London on 18 February. The event is organized by Stratis, a blockchain solution company founded in 2016.

Stratis has an entire blockchain architecture built on top of Bitcoin. It provides developers with a platform on which to build their blockchain-based apps and games.
The event will serve as an opportunity for like-minded individuals to come along and discuss the field of crypto and NFTs, networking their way to potential partnerships and deals. You can even head to the Skyline Bar to grab a few drinks, giving you a relaxed, comforting state of mind so you can go about your business without any worries.

## NFT evening at a ‘private members club’

The Luxe Club is hosting this [next event](https://www.eventbrite.com/e/crypto-nft-and-web3-networking-evening-at-a-private-members-club-in-london-tickets-523459781297?aff=ebdssbdestsearch&keep_tld=1) on our list, as it will take place on 20 February in Mayfair, London. If you're looking for high-profile NFT events in London, look no further than The Luxe Club, as it hosts monthly Crypto/NFT evenings for members to get together and discuss the industry's happenings.

This is also the only event on our list that requires an entrance fee for participation – all the others are free. The main reason behind the fee is probably the nature of the event itself, as you can expect a proper reception, a formal dinner, and private tables. Since the event is at a 'private members club', there ought to be a fee to ensure the experience is kept top-notch by the organisers.

If you're looking to attend the fanciest NFT events London offers, where you can get expensive drinks and a fine-dining experience, sign up for a cool £35 fee.

## Final thoughts

Although these aren't the only NFT events London will witness in February, they are some of the more exciting ones to look forward to. If you would like to join an entire crypto-related club and meet regularly with other members, we'd recommend going for the event presented by The Luxe Club – the last option on our list. It will not only help you expand your network, but also provide you with a luxury experience while at it!

However, for strictly business purposes and to speak with high-value individuals regarding potential deals and cooperation, you should go for the other events on the list.

Firstly, you won't have to pay an entrance fee. Secondly, you will be able to hear from industry-leading panellists regarding their experiences with crypto. Ideally, the goal is to learn, expand your professional circle, and grow!


Exciting NFT Events London Offers this Month 

[Shopify](https://www.shopify.com/), one of the most patronized e-commerce platforms globally, has launched a collection of [blockchain commerce tools ](https://cointelegraph.com/news/shopify-launches-suite-of-blockchain-commerce-tools-for-merchants)that aim to improve the NFT user experience of Web3-focused stores housed in its ecosystem, according to a company blog post on 9 February.

Despite many blockchain commerce tools already launched by Shopify, including an expansion of its crypto wallet connects features, the e-commerce platform highlighted token-gating application programming interface (API). According to a designer at Shopify's blockchain team, the tools will help build more token-gating applications for merchants. 

## Shopify NFT merchants can access token gating

Launched in June 2022, token gating confers more value to a [non-fungible token](/news/article/loaded-lions-nft-explained) (NFT) by granting holders of collectibles exclusive access to physical products, content, or community in addition to the [digital token ](/news/article/dingo-crypto-scam-says-security-firm)held in their wallets.

According to Harrison Hosking, the marketing manager for Keak, an NFT wallet tracker, token gating adds utility to NFTs.

With token gating embedded in the platform, Shopify NFT merchants can dictate which token holder they deem valuable to access benefits, NFT drops, and exclusive products. 

Some of the primary benefits of token gating include, but are not limited to, security (due to the verification of NFT ownership through blockchain technology), cost-effectiveness, and buzz around a particular crypto project and the merchant.

Some of token gating's use cases can be highlighted via Shopify and NFT project Doodles, which gives holders exclusive products. Other use cases include Stoner Cats, which gives access to digital content, and Flyfish Club, which gives membership access to project stakeholders.


## When did Shopify NFTs begin? 

Shopify [began supporting](https://www.pymnts.com/news/retail/2021/shopify-will-let-merchants-sell-nfts/) NFT sales in July 2021 with the National Basketball Association (NBA) team Chicago Bulls. It was the first to sell digital collectibles commemorating its world champion rings.

In December 2021, GigLabs announced that it had launched an app for selling NFTs on Shopify. 

In January 2023, many news feeds reported that Shopify merchants can also sell Avalanche NFTs (one of the biggest blockchains by all-time sales volume) through an app called Venly.


Shopify NFT Merchants Get More Tools

The [Pixelmon](https://www.pixelmon.ai/#Lore) NFT project made history on 7 February, 2022, when it raised a staggering $70 million from primary NFT sales, making it one of the largest in the NFT market.

However, the project quickly became a laughingstock, with some claiming it was a scam after revealing its highly anticipated NFTs. The NFTs' artwork was far from what buyers had been sold on. They were hideous.

This guide looks at the Pixelmon NFT project and if it is still worth it.

## What is Pixelmon?

Pixelmon is an Ethereum-based NFT game where players trade and train tiny monsters called Pixelmons while exploring a virtual universe. Players have to acquire and battle Pixelmons to win rewards, which come in the form of [ETH](/coins/eth) or Pixelmon NFTs.

The game is free to play with some optional pay-to-play features. It is designed to cater to all types of players, including solo, multiplayer, PvP, and PvE. It is accessible on PC and mobile, with plans to be available on more platforms.

### Some of the game’s features include:

•	Pixelmon Generation 1 NFTs

They are the first playable species that players can own. They are 68 in number with more than 130 unique evolutions. They are a limited drop and no longer attainable after the first genesis collection.

They have several perks, including enabling owners to gain exclusive access to airdrops of land, which can be staked for in-game yields.

•	Evolution

The monsters are designed to evolve when trained. Once they have evolved, they not only obtain a new look but stat boosts and new abilities too. They, therefore, become more powerful, giving players an edge when competing in battles.

A [serum](https://pixelmon.gitbook.io/pixelmon-1/serum) is required for a monster to evolve. During the evolution process, only the serum is burned and the player is left with two NFTs, the old and newly evolved monster.

•	Land

Players can also own [land NFTs](https://pixelmon.gitbook.io/pixelmon-1/land) in the game. Land NFTs enable players to gain certain services and extract resources.

Land is split between urban (yield) and peripheric (resource extraction). There are plans to add a third type called region, allowing players to expand the map itself.

•	Tokens

There are plans for the Pixelmon NFT project to feature native utility tokens and governance tokens. The [utility token](https://pixelmon.gitbook.io/pixelmon-1/utility) will be the primary currency of the entire game ecosystem. It will be used to craft items and armor, buy cosmetic assets, and upgrade assets, among other things.

Utility tokens will have a capped total supply and be earned in various ways, including participating in competitions, battles, themed events, and selling NFTs and in-game items.

The [governance token](https://pixelmon.gitbook.io/pixelmon-1/governance-token) will enable the creation of four tribes as in-game DAOs; fire, water, earth, and air. The tribes will have responsibilities and financial ownership over their tribe wallet's tokens inflows and outflows. Much about the tokens is yet to be revealed.

## The controversies

Truth be told, Pixelmon did a great marketing job. By the time its Genesis NFT collection began minting via a Dutch auction, it had already amassed thousands of followers on various social platforms. On Twitter alone, it had more than 200,000 followers.

So hyped was the project that its Genesis collection sold out in a matter of hours. Then came the reveal date, and no buyer was smiling.

The species artwork was far from the in-game renders that the development team had posted on social media. The [NFTs](/news/article/free-nfts) were so poorly designed that the project became a laughingstock.

Buyers were not amused and the project’s team came under harsh criticism. 

Extreme scrutiny revealed that the development team had outsourced NFT artwork design to freelancers. The reveal was infuriating to many as the community had been misled into believing that the project had a dedicated team of artists working on the NFTs.

After harsh criticism, ridicule, and threat of legal action, the team accepted they had messed up and assured its community they were working hard to rectify all shortcomings.

## Changes

True to its word, the Pixelmon NFT project has undergone tremendous changes. Its NFTs are no longer as hideous as they were.

There is a new leadership team and an overhauled roadmap. Its development has been taken over by LiquidX, a Web3 VC studio that helps build NFT-based projects.
LiquidX acquired a 60% stake in the project, according to a press release, and its co-founder Giulio Xiloyannis serves as its CEO.

As per the new road map, alpha testing of the game is set to begin in the first quarter of 2023, while the full game is due in late 2023.

## Conclusion

Despite its shortfalls, which have been rectified, it might be too early to consider the Pixelmon NFT project a lost cause. The project already has new leadership and a new roadmap that reveals good things are on the way. As for now, only time will tell if the project can still live up to its hype and huge claims.



Pixelmon NFT: Everything You Should Know

In August 2021, Louis Vuitton (LV) launched Louis: The Game. It is an adventure-based mobile game that allows users to follow a character called Vivienne through six different worlds in search of exclusive NFT postcards, among other items.

The game, which aims to educate players on the history of LV, was not only created to pay homage to the fashion house founder but also to tap into the brand's younger audience.

It quickly became a hit,  leading to the brand announcing the addition of two more levels and a new Louis Vuitton NFT collection in 2022. According to the fashion house, it has been downloaded more than two million times worldwide. It is available for download on Android and iOS devices.

The two new levels, Radiant City and High in the Sky, are only accessible to players who've completed the first level. Part of the mission of the newly added levels is to retrieve 16 pages from a manuscript of LV L'Audacieux (written by Caroline Bongrand).

Like in the first level, players will have an opportunity to win ten non-fungible tokens. The new Louis Vuitton NFT offerings feature Vivienne sporting a variety of looks and will be portable across other platforms. Their owners can also use them as avatars on social networks.

The new levels also feature a global leaderboard that encourages competition where players can show off skins that can be changed throughout the game. There are plans for players to win physical experiences at the LV family home in Asnières and Los Angeles.

## Louis Vuitton NFTs

Louis Vuitton NFTs stand out in that, unlike other companies' NFTs, they are free. They can only be earned by playing the game.

The non-fungible tokens were created by Wenew Labs, founded by Mike Winkelmann, also known as Beeple, and its sister company, Possible. The two companies developed and deployed the smart contract for the second and first rounds of Louis Vuitton NFT giveaways.

Louis: The Game marks the second time Winkelmann has worked with LV. He previously worked with Nicolas Ghesquière to have his "Everydays" designs added to the LV Spring/Summer 2019 apparel.

Winkelmann rose to fame on March 11, 2021, when a collage from his “Everydays” NFT series was sold by British auction house Christie's for $69.3 million, the highest price ever paid for a digital artwork. The sale catapulted him to become the third most expensive living artist in the world.

## LVMH

Louis Vuitton is part of LVMH, the world's largest luxury goods conglomerate that owns 76 brands. Its Chief Executive, Bernard Arnault, in January 2022, garnered attention for his comments about the Metaverse, saying he was cautious of the [Metaverse](/news/article/bloktopia-metaverse-guide) bubble.

Despite Bernard’s skepticism of the Metaverse, the company continues to venture into the crypto space. It has already released several projects, including the [Aura Blockchain Consortium](https://www.voguebusiness.com/technology/the-blockchain-playbook-from-lvmhs-aura-to-arianee), a blockchain designed for luxury brands.

LV is not the only fashion house in the Metaverse. Gucci, its biggest rival, has launched several NFT drops in the Metaverse. In 2022 the brand became the first luxury brand to create its own space within The Sandbox, a decentralized virtual gaming world. The brand has an internal Metaverse team.

Gucci also previously partnered with Wenew Labs on its 10KTF project that dresses popular PFPs in digital Gucci.

Other luxury brands leveraging the Metaverse include Burberry, Givenchy, JW Anderson, Tommy Hilfiger, Dolce & Gabbana, Christian Dior, Nike, and Balenciaga, the first fashion house to partner with Fortnite, a famous online game.


pink image of louis vuitton logo over beeple Louis game screenshot

Louis Vuitton NFT Review

If you are familiar with the Game of Thrones series and the White Walkers, chances are you will see a semblance to some characters that form the Ice World NFT collection.

There are 2,765 non-fungible tokens on Ice World representing the ice men and the tree men, who will ultimately be locked in a battle to take control of the entire planet.

## What is the concept?

Members of the Ice World community can acquire the NFT tokens by outright purchase or auction. It is also possible to win some of these tokens by participating in the promos and giveaways on the community page. Once you have an Ice World token, you can resell it to others for a profit.

The concept is interesting, but after nearly a thousand people picked up various tokens as NFTs, the tokens and community site experienced a marked lack of interest. This lack of interest in the Ice World NFTs is not surprising, as the entire NFT market has recently suffered some slump.

## Is there a future for Ice World NFTs?

Despite a seeming dropoff in 2022, [data from DappRadar](https://decrypt.co/118438/2022-versus-2021-nft-sales) shows that $24.7 billion of organic trading volume occurred in the NFT market in 2022. So there is still a vibrant NFT market, and there is a potential for a pick-up in 2023 if the crypto market starts heading in the right direction.

There is a belief that the future of NFTs will be in the [Web3 gaming](/news/article/web3-games-raised-millions) industry. Ice World's developers need to think creatively to take the concept in this direction.

The concept of the Icemen vs. Treemen certainly looks promising if taken further as a hugely interactive video game. In that case, this could reach a new market and translate to enormous earnings for community members.


pink image of blockchain with whitewalker ice nft in foreground

Ice World NFT: What is the Pathway to Recovery?

One of the newest play-to-earn games is [Monkey Ball](https://www.monkeyleague.io/), which enables its players to create, play, compete and earn. It's native token is MonkeyBucks, but where can you buy the crypto?

[P2E gaming](/news/article/free-play-to-earn-games) was one of the success stories of 2023. As the crypto market experienced its biggest growth year ever, P2E gaming saw its value rise to some $178 billion at its peak. Clearly, this novel blockchain concept was asking to be noticed.

P2E gaming is essentially a video game that allows players to buy, sell, trade, or earn cryptocurrency through several in-game features. While this concept is still in its infancy, many AAA-rated publishing houses have expressed a keen interest in adopting P2E models into established titles, perhaps indicating the future of video gaming.

## ‘Next generation e-sports Metaverse’

Monkey Ball describes itself as a ‘next generation e-sports Metaverse’. Built upon the Solana blockchain, Monkey Ball is a turn-based play-to-earn soccer game designed to be easy to understand yet hard to master.

The native token of the Monkey Ball ecosystem is MonkeyBucks (MBS). As the in-game token, MBS is sure to have high demand as the game continues to grow in popularity. There are six ways players can earn MBS, meaning access to the token is straightforward. 

Once acquired, gamers can use MBS to purchase in-game items or breed new monkeys. Any fees earnt from trading MBS are funnelled back into the ecosystem and ensure that the platform has both longevity and sustainability. As you can see, MBS is certain to grow in value in the next couple of years.

## The P2E gaming concept

P2E gaming can take various forms, from simply trading skins for in-game items to earning through completing scheduled tasks. Rewards are often provided in the native cryptocurrency, or players may trade NFTs via an in-house marketplace.

Local laws drive P2E usage and subsequent adoption, with the Philippines being one of the most popular countries in the world to play. During the lockdown restrictions of 2021, players of P2E favourite Axie Infinity generated some $1.2 billion, leading some players in the Far East to declare it as their main source of income.

## Where to buy Monkey Ball crypto?

Obtaining the Monkey Ball token is a frequently asked question. Due to the project's novelty, there are only seven places where you can legally purchase MBS. Raydium, ByBit, and MexC are the most popular places to obtain the token; however, [a new listing from the Liquid exchange](https://app.liquid.com/exchange/MBSUSDT) is proving popular. This is likely due to the zero fees offered on the MBS/USDT pair.

## ‘Fun first’

As mentioned above, Monkey Ball has some of the largest backers in crypto, including Solana, NfX, and Griffin Ventures. The team behind the project is called Uncaged Studios, which is multi-disciplinary and expert in the field of P2E gaming. The team is [distributed globally](https://www.monkeyleague.io/#team), which helps bring an international feel to the game.

Players can design and create their own NFTs, either in the form of players or stadiums. The platform is an excellent example of high-production value gaming with an emphasis on 'fun first'. All rewards are based on nothing more than skill and achievements, meaning only the most adept of players will reach the top.

There are plenty of additional features slated for 2023, including breeding and stadium design which means the roadmap for the foreseeable future is very healthy indeed.


purple image of monkey ball crypto logo and characters playing football

Where to Buy Monkey Ball Crypto

Loaded Lions is a non-fungible token (NFT) collection by [Crypto.com](/news/article/crypto.com-ceo-past-includes-bankruptcy), one of the most vibrant ecosystems in the crypto, NFT, Web3, and Metaverse. Crypto.com boasts a cryptocurrency exchange and [NFT marketplace](/news/article/crypto-com-nft).

The collection comprises 10,000 unique Profile Picture (PFP) avatars. Despite the milestones accomplished by many projects in the space, this NFT is the first native platform-owned project released into the digital collectibles space. 

Like other NFTs such as the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Moonbirds, CryptoPunks, and NBA Top Shots, some of the NFTs are rarer than others. A few are considered legendary and come with different prices.

## Loaded Lions NFT have received bids of $1 million

When the collection was launched in November 2021, [Crypto.com](/news/article/crypto.com-under-investigation) set a fixed price of $200 for each of the 10,000 NFTs. 

Within a few days, a few of the NFTs saw relatively higher bids. This led to them being listed for more than $1 million.

The owner of #1969 agreed to sell his digital piece, modelled after the now infamous "Fortune Favors the Brave" logo popularized by actor Matt Damon in his promotion of bankrupt crypto exchange FTX, for $1 million. 

The owner of #1953 increased his asking price to $2 million after receiving offers in the range of $1.3 million. 

Such financial activities and buzz around the collection led to a price spike of more than 600,000% for some of the 10,000 collectibles within days. 

As of 15 January, 2023, more than 4,000 owners have contributed to over [$50 million](https://crypto.com/nft/collection/82421cf8e15df0edcaa200af752a344f?sort=likes&order=DESC&lang=en) of volume traded. 

## Sale of the collectibles affects Crypto.com's token

There is a close relationship between certain cryptocurrencies and NFTs. FLOW, the native asset of the Flow ecosystem, is positively and negatively affected by the sales of NBA Top Shot and NFL ALL DAY. Ether (ETH), the primary cryptocurrency of the Ethereum network, is also affected by the trading patterns of popular NFTs such as CryptoPunks, [BAYC](/news/article/bored-ape-nft), MAYC, Doodles, Azuki, CloneX, and others. 

RON, the crypto asset of Ronin, is also affected by [Axie Infinity](/news/article/axie-infinity-coin) sales. 

In the same way, CRO, the native asset of Crypto.com, which was built on the Cronos blockchain, also thrives on the sales of the NFTs molded after lions to move up and down in value. 

In November 2021, [CRO](https://coinmarketcap.com/currencies/cronos/historical-data/) soared by 225%. The token opened on 1 November with a trading price of $0.2121, increased to a monthly high of $0.9698, tested a monthly low of $0.1974, and closed the month with a new price of $0.6904. Within the period, trading volume rose from as low as $145 million to as high as $2 billion. 

CRO market capitalization also soared to $17.4 billion from $5.4 billion. 

## Do the NFTs have a future?

Yes, Loaded Lions have a future, as they can add more volume to the already booming sales of the global NFT market. The milestones it reached in November 2021 contributed to the month's [$2.9 billion](https://www.cryptoslam.io/nftglobal?month=2021-11) from more than 1 million unique buyers, involved in over 7 million transactions at an average sale value of $404.30. 

As of mid-January 2023, the total global NFT market sales have surpassed [$45 billion](https://www.cryptoslam.io/nftglobal). The total sales for the first 15 days of the first month were [$422 million](https://www.cryptoslam.io/nftglobal?month=2023-01). 

With the filing of NFT trademarks at the US Patent and Trademark Office (USPTO) soaring by more than 20,000%, positive market sentiment could reflect in the sales of Loaded Lions and the entire digital collectibles sector.


pink image of lions and loaded lions logo

Loaded Lions NFT Explained

Launched in late 2021, the Thetan Arena [play-to-earn](/news/article/free-play-to-earn-games) (P2E) game offers players rewards in crypto, which users can convert into earnings or fiat currency.

Thetan Arena is a fast blockchain-based online game combining action, competitiveness, and skillful battles using attractive character designs. It belongs to a genre described as multiplayer-online-battle-arena (MOBA), where opposing players role-play intending to defeat their opponents in battle. Since it's a free-to-play (F2P) game, you don't have to fork out a fortune to play and start earning. The game is currently available in four modes: Battle Royale Mode, Deathmatch 4v4, Superstar 4v4, and Towerdestroy 4v4.  

## Why choose Thetan Arena 

This is among the most accessible blockchain games. It presents incredible simplicity but depth in its numerous modes, diverse characters, and various maps, guaranteeing a unique experience every time you play. Since it’s a F2P, the game is free to download, and casual players don’t have to spend any money. However, if you want to advance on the leaderboards or one-shot an opponent, you’ll need to pull out your credit card and spend some money. 

Some tangible benefits include receiving free heroes for the casual player or, better still, acquiring NFTs to [facilitate earning](/news/article/play-to-earn) and maximizing profits.     

Besides playing and enjoying the game, you can trade-play items in the game’s store and earn cryptocurrency in the form of Thetan Gem (THG), the game’s native token. THG is useful for different purposes, including a store of value, a medium of exchange, voting, and staking. You can swap THG coins for fiat currency on various crypto wallets or HODL them for the long term. As the discussion about cryptocurrencies and [non-fungible tokens](/news/article/guide-to-minting-nfts-opensea) (NFTs) continues gaining mileage on social media, earning them through gaming is a solid idea.    

## Tokenomics 

Thetan coin has an unlimited supply. As a pure in-game currency, you can earn it by playing the game or transactions on centralized (CEX) or decentralized (DEX) exchanges like Gate.io, KAIDEX, PancakeSwap, etc.

According to its [whitepaper](https://doc.thetanarena.com/whitepaper), Thetan’s tokenomics are optimized via two tokens, THG (a utility token that can be used for in-game transactions or earning THG) and THC (an in-game currency you earn when you play the game with P2E heroes). Different ways to make THG tokens include participating in special Thetan arena events and tournaments, selling NFTs and in-game assets, and completing challenges. Others methods are accruing in-game time, purchasing legendary boxes, outperforming other players, and staking THG.

## Achievements 

Having launched in November 2021, Thetan Arena hit its first milestone in the NFT gaming industry by becoming the first one to acquire [6 million players](https://www.globenewswire.com/news-release/2021/12/13/2350408/0/en/Thetan-Arena-Hit-5-Million-Users-Ballpark-In-The-NFT-Gaming-Industry.html) during its first 15 days. Since then, the game has achieved many other milestones, including winning the [Best Mobile Game award](https://twitter.com/PolkastarterGG/status/1603409930848968710) at the #GAM3Awards 2022.

## Backers and partners 

The game was co-developed by KardiaChain and Wolffun, a renowned Vietnamese game studio. Numerous tier-1 venture capital groups, including Animoca Brands, Axia8, DFG, Kardia Ventures, Spark Digital Capital Everest Ventures Group, Decom Holdings, K300, Bixin VC Formless Capital, and AU21 Capital, back the company.

## The parting shot

Due to its lower barrier of entry as an F2E game, Thetan Arena is a fun-filled MOBA game for anyone who enjoys skill-based PVP games. Whereas you can earn as you have fun with friends and family, even adopting the purely F2P version doesn’t strip away the thrill of the game.


pink image of cartoon thetan arena characters

Thetan Arena: A Beginner's Guide

Gaming operation Entain is often regarded as among the most trustworthy in the world. A significant portion of the organization's achievements are attributable to its capacity for innovation and staying abreast of the most recent fashions.

In recent times, the company has investigated various forms of technology, such as the blockchain and the Metaverse. The company has since progressed further by creating an NFT auction focusing on social responsibility.

## Responsible gambling promoted with NFT auction

Entain owns numerous major gambling businesses, including the world-famous PartyCasino. In addition, it operates multiple philanthropic organizations, including the Entain Foundation US. The 'Superheroes of Responsible Gaming' auction is being organized and hosted by the Foundation, which is also involved in the event.

[The face of the event is Charles Oakley,](https://www.crypto-news-flash.com/entain-launches-an-nft-auction/) a former NBA star who is now an Entain partner. Entain places significance on responsible gambling, and the NFT auction was organized to promote and emphasize the concept as much as possible.

You can anticipate that the business will not be the party to benefit financially from selling the NFTs. Instead, the Charles Oakley Foundation will receive 100 percent of all funds raised. And it's an NFT auction because the target for the message about responsible gambling this time is 'tech-savvy audiences'.

Enlightening Media, which was responsible for designing the artwork for the NFTs, and Wager Score are two more companies engaged in developing the NFTs. The latter entity is a business that, in the course of performing its function as a player protection service, will, in real-time, offer information regarding affordability.

Alongside Entain's Martin Lycka, Brianne Doura-Schawohl, an internationally recognized responsible gaming consultant, and Bill Pascrell III, Esq., a partner at Princeton Public Affairs Group, Bo Grey, the founder of Wager Score, [also appears as one of the NFTs](/news/article/largest-nft-marketplace-2023). 

Following the initial release of NFTs, which focussed on disordered gambling, this new variety of NFTs has been developed.

Currently collaborating with Entain, Oakley expressed his satisfaction with introducing a second generation of NFTs and stated, "My post-NBA work is focused on preventing problems among neglected communities."


pink image of entain logo over nft auction photograph

Entain Leads the Way with NFT Auction

Though a central hub for developers, the exorbitant cost of gas on the Ethereum network has diverted the attention of [non-fungible token](/news/article/the-merge-ethereum-nft-impact) (NFT) enthusiasts to other platforms. One such platform is the Tezos NFT marketplace.

In the last three years, the blockchain ecosystem has experienced significant growth, especially with the development of decentralized applications (Dapps). The Tezos network is no exception. Since September 2018, the platform has risen to a hub for Dapps, moving its focus to green technology and eco-friendly governance.

Similarly, NFTs have gained significant popularity in the past few years. The Tezos blockchain now has a marketplace where NFTs can be sold, bought, and exchanged. This guide explores the NFT marketplace on Tezos.

## What is the Tezos NFT marketplace?

The Tezos marketplace for NFTs is an interface where users can create trades and buy NFTs. This blockchain can store tokens under stable and secure conditions. This, however, is made possible through gateways, otherwise known as a group of participants that will run nodes compatible with the blockchain and interact with other blockchains.

It must be understood that the Tezos ecosystem does not support the stringent requirement that a blockchain needs to be secure and decentralized. Instead, it relies on the community to create Dapps with NFTs. 

For the effective storage of the NFTs, a centralized exchange or an entirely different blockchain can be used. The smart contract protocol enables users of the Tezos marketplace to use a blockchain application or another application that has already been created. With smart contracts running on their resources, users do not have to worry about the cost of transactions.

The Tezos NFT marketplace uses the Proof-of-Stake (PoS) consensus mechanism, enhancing efficiency and equality in the staking process.

The platform is designed to give its members greater power over the network's rules. Compared to other blockchains, Tezos is self-governing, enabling growth and efficiency.

With the PoS, users can stake a certain amount of tokens to stand the chance of becoming a block validator. And the entire process requires less computing power. This explains why Tezos is efficient and has lower transaction fees.

## Tezos NFT marketplace - what to consider

When investors come in contact with NFT marketplaces, they must consider factors such as ease of use, transaction costs, creativity, available NFTs, and security. Just as criteria exist for selecting crypto exchanges, the same strategies apply when picking an NFT marketplace.

## These strategies include:

•	The kind of NFT - To evaluate the type of NFTs being sought, investors must ask themselves questions like what NFT they need, if the tokens are in the gaming or creative industry, or if they need a fan token. Knowing what kind of NFT is required will help investors understand the best marketplace to secure it.

•	The central currency - Each NFT marketplace has its base currency. Some marketplaces may accept fiat, or even crypto assets such as Ethereum (ETH), Build and Build (BNB), or Solana (SOL). In addition to central currency, some marketplaces require a specific wallet for optimum functionality.

•	The cost of gas - Different NFT marketplaces charge variable amounts for gas fees, making this factor quite significant. Opting for a marketplace with the least gas price will help investors maximize their returns.

Using the NFT marketplace on Tezos comes with several benefits, such as:

•	Lower cost of transactions.

•	Maximum security with verification at the protocol and application level using the OCaml and Michelson languages.

•	Decentralization with active community enrollment.

•	Eco-friendly since the PoS consensus mechanism is involved.

## Tezos NFT marketplace - top five platforms

There are several NFT marketplaces in the Tezos ecosystem. Below are the top five that investors may consider.

### Objkt 

[Objkt](https://objkt.com/) is the topmost NFT marketplace on Tezos based on sales volume and user activity. The platform has some unique features, such as:

•	A 2.5% service charge.

•	Royalties for creators.

•	Divisible royalties.

•	Vast listing options from marketplaces like Hic et Nunc, Rarible, and Kalamint.

### OneOf 

The OneOf NFT marketplace deals with entertainment tokens, particularly sports and [music.](/news/article/music-nfts-fans-community) Having ties with mainstream artists and platforms such as the Grammy and Warner Music, users can have unlimited access to special NFTs.

Features that make [OneOf](https://about.oneof.com/) unique include:

•	Links with musicians.

•	Periodic auction listings.

•	Drop calendar.

### Kalamint

Kalamint users have had security warnings in the past, even though it is a dedicated closed platform where artists can gain access only after application. This allows users to access only quality tokens.

Some features of Kalamint include:

•	Creator royalties.

•	Diverse listing options.

### FxHash 

The platform is an open marketplace where investors can mint and collect NFTs. In some instances, the quality of the art piece may seem questionable. This is because the platform focuses on generic art only.
Notable features of [FxHash](https://www.fxhash.xyz/) include:

•	Diverse listing options.

•	A service charge of 2.5%.

•	Collections can be ranked.

### Rarible 

The platform is well-known in the Tezos marketplace and also ranks in the Ethereum NFT marketplace.

[Rarible](https://rarible.com/) features include:

•	Decentralization.

•	Active users are rewarded with tokens.

•	Has the $RARI native token.

•	Numerous listing options.

•	A service charge of 2.5%.

## Tezos NFT marketplace - conclusion

Tezos, within a short period, has established itself as a useful blockchain for NFT enthusiasts to access both valuable and generic tokens without spending a fortune on transaction fees. In addition, the platform boasts a variety of marketplaces within its NFT support.

Tezos has a simple user interface and is a secure place for new NFT investors to begin their journey in the crypto industry. Nonetheless, nothing beats adequate research, a must-have skill for potential crypto investors.


pink image of tezos logo on abstract image

Tezos NFT Marketplace Explained

It’s no secret that digital art and pop culture go hand in hand. Still, you won’t find many [marketplaces](/news/article/nft-art-marketplaces) dedicated explicitly to these art pieces. Nonetheless, one platform which has made its name in pop industry NFTs is [Droppp](https://droppp.io/). 

It leverages one of the most popular blockchains for Web3 projects, [WAX](https://www.wax.io/). The platform offers various collections of popular culture-related digital collectables. It's a beginner-friendly platform, and even those with limited knowledge of crypto and NFT can easily navigate it. 

## What is the Droppp NFT marketplace?

A leading lifestyle brand, Funko, backs the Droppp marketplace. The brand deals with various fandom-related toys and other accessories and extended its product line by including digital collectables on this platform. You can find NFTs based on fandom themes like [Game of Thrones](https://droppp.io/drop/75/game-of-thrones-series-1/), [DC](/news/article/the-batman-cowl-nft), [The Matrix](/news/article/matrix-nft), Nickelodeon cartoons, and others.

It not only allows you to hold a digital asset, but also gives you a chance to get physical collectables. There are redeemable NFTs for which you can get Redemption tokens. With these tokens, you can get any physical item.

Dealings within the marketplace are pretty straightforward. You can create an account with your email, Google, or [Apple account](https://support.apple.com/guide/healthregister/create-an-apple-id-apdfe783ba7c/web) to get a free version. However, you must get the premium version to access a personalised wallet address. Transactions on the platform are in USD, so you don’t have to deal with crypto.

## How do I buy from Droppp?

To buy an NFT from its marketplace, you would need a Droppp wallet, which can be either a free or premium account. Premium one can give instant access to a customisable “.dp" wallet. It also allows you to purchase NFTs from other markets, and the assets are transferable with it. You can acquire all these features for $4.99 only.

The free version has limitations, like not offering a wallet until you purchase a pack directly from the launch. You also have to deal with a support member to activate the address.

After choosing an option and activating the wallet, you can buy assets from NFT collections. You can use your credit card, [Apple Pay](/news/article/stablecoin-issuer-circle-apple-pay), or [Google Pay](https://pay.google.com/) to buy it.  

## Is Droppp.io safe?

It is a secure option built with a trusted blockchain, WAX. Moreover, the transactions are transparent and verifiable with various pop brands’ affiliations, which speaks for its credibility.


Droppp NFT Platform Explored

Reddit NFT continued to trend online in December 2022 due to its massive impact on the non-fungible token (NFT) market. It is a kind of avatar that can be bought on the Reddit marketplace. Launched in July 2022, the Reddit NFT marketplace provides users of Reddit (a popular network site where contents are shared and various topics discussed), known as Redditors, a platform to buy blockchain-based images for a set price.

## What are some of the types of Reddit NFT? 

Unlike NFT projects such as the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Bored Ape Kennel Club (BAKC), and Otherside for Otherdeeds, which is backed by a huge developer like Yuga Labs, Reddit has forgone mainstream companies. Instead, Reddit has partnered with several independent artists to create diverse designs which can be patronized by the billions of people across the globe that visit Reddit.com.

Despite several NFT types on Reddit, the main and exclusive NFT collection launched by the popular networking site is CryptoSnoos.

Like other NFTs, CryptoSnoos has different features that help determine scarcity. CryptoSnoos are grouped into Rare, Epic, and Legendary. While Epic CryptoSnoos NFTs are limited and Rare CryptoSnoos NFTs are extremely limited, Legendary CryptoSnoos NFTs are unique. This is why prices of Legendary NFTs are higher than Epic and Rare NFTs. 

## What blockchain houses the Reddit NFT

The team behind the NFT chose Polygon to house the digital collectibles. Polygon was selected because it is a layer 2 scaling solution that has found an answer to the blockchain trilemma of decentralization, security, and scalability. Once a particular protocol finds an answer to the blockchain scalability problems, transaction costs related to the use of blockchain are reduced to the barest minimum.

As of 17 December, 2022, collectibles on Reddit have contributed to the [$40 billion](https://www.cryptoslam.io/blockchains/polygon) in sales Polygon-based NFTs have generated in the six months to December. In addition to Reddit collectibles, some of the avatar collectibles minted on Polygon include, but are not limited to, Doodle Collection, Cute Snacks, and 5 Boro Bodega. 

As of December 2022, the total sales volume from Reddit collectible avatars was [$11.95 million](https://dune.com/polygon_analytics/reddit-collectible-avatars), and there were more than [four million collectible avatar holders](https://dune.com/queries/1428687/2423544). There are more than four million single collectible avatar holders, and more than five million [collectible avatars](https://dune.com/queries/1428579/2423370) are in the market.  

## Where to buy NFTs from Reddit?

NFTs can be bought and sold on different NFT marketplaces. While some of the best NFTs to invest in can be found on multiple platforms such as Nifty Gateway, LooksRare, Rarible, and X2Y2, the best NFT marketplace to buy digital images is OpenSea - aside from Reddit’s marketplace. Bank cards can be used to buy NFTs on Reddit, but OpenSea is crypto only.

Before you purchase digital art that can be used as a profile picture on your social media channels on OpenSea, you need to have a crypto wallet. Some of the crypto wallets that support
OpenSea includes Rainbow Wallet, MetaMask, Coinbase Wallet, and TrustWallet. Since the digital collectibles are housed in the ecosystem of Polygon, you need the native asset of Polygon, MATIC. You can also hold Ether (ETH), the native asset of Ethereum, since most of the NFTs sold on OpenSea are priced in that cryptocurrency.

Once you have MATIC, you can connect your wallet to OpenSea, search for NFTs with links to Reddit, make a purchase, and your digital collectible with be deposited into your crypto wallet. 

## Conclusion

NFTs by Reddit continue to see huge liquidity due to the popularity of Reddit as a networking website. As a result, you can invest in the NFTs with an eye on future sales due to the increasing usage and patronage of Reddit and its collections.

But, like all investments, you should consider the pros and cons of investing in digital collectibles from Reddit before you risk your hard-earned money on digital collectibles. 


Reddit NFT: What is it and where can I buy one?

As non-fungible tokens (NFTs) continue to make waves, the possibilities of the digital and physical world colliding have grown with augmented reality.

Augmented reality tokens have grown in popularity since the metaverse boom. Creators have found a bridge between the immersive technologies of augmented reality and NFTs.

## What is augmented reality?

Commonly called AR, augmented reality is an interactive experience that enhances real-world objects through computer-generated information.

AR helps creators enrich their works by allowing technologically creative ways to exhibit and give context to digital artwork.

## What are augmented reality tokens?

NFTs transform AR experiences and make them verifiable assets. These tokens are Proof-of-Ownership tokens attached to digital assets on the [blockchain](/news/article/what-is-blockchain). 
These tokens are unique and not interchangeable, making the owner the sole possessor of the digital media.

These tokens have different use cases depending on the augmented reality intended by the creator. The most popular use cases are in art, gaming, and e-commerce.
In art, NFTs are pivotal to allowing artists to sell digital assets stored on the blockchain. AR allows NFT collectors to experience digital art in creative ways.

In gaming, play-to-earn (P2E) has grown popular in the past few years. Augmented reality tokens allow players to acquire in-game assets and cryptocurrency. Players can experience their in-game assets through AR, making the game more immersive and the narrative more compelling.

## Benefits of AR Tokens

### Use cases:

Augmented reality tokens add physical elements to digital assets. Users can distinguish themselves in the Metaverse with AR avatars, and creators can engage directly with fans.

They also serve as native tokens on different platforms. The tokens can be used to purchase features, in-game assets, and services.

### Passive source of income:

AR tokens allow creators to earn royalties on every transaction. Collectors can also own tokens that can be traded and surge in price.

## What are some popular AR Tokens?

If you intend to invest in AR tokens, you need to buy the project's tokens to be able to participate in their ecosystem. Here are some top-performing projects you should consider.

### 1.	Mossland: 
According to [CoinGecko](https://www.coingecko.com/en/categories/augmented-reality), in the last seven days, [Mossland](https://www.moss.land/en) has remained the top AR token. Open-source Metaverse platform Mossland is a place where users can buy and sell digital/offline goods, collect points, and play mini-games.

The Mossland Metaverse token is the Moss coin (MOC). This token is used for Mossland's entertainment services that mirror the real world.

### 2.	Somnium Space: 
This is an augmented reality world built on the Ethereum blockchain. On [Somnium Space](https://somniumspace.com/), users can buy land, build or import NFTs, explore, and trade.

The native token of the platform is CUBE, an ERC-20 token. CUBE can be used to purchase land and pay for services on the Somnium platform.

### 3.	Over the Reality (OVER): 
Built on the Ethereum and Polygon blockchains, OVER is a seamless bond of the physical and digital worlds. The platform allows users to own digital real estate and supports AR capabilities like AI avatars and realistic NFT assets. The OVR token serves as the platform's native token.

## Conclusion

While no one can predict the future, it appears augmented reality tokens will be part of what the [Metaverse](/news/article/how-to-invest-in-metaverse) looks like in its final form.


pink image of AR visualisation of 3d bitcoin token

Augmented Reality Tokens Explained 

A crypto wallet is required to store and access your crypto assets. However, not all wallets are as secure as a hardware wallet like Nanoledger.

A crypto investor can use different types of wallets to safeguard their crypto tokens. A cold wallet is often recommended as it provides top-notch security and protection to almost all kinds of digital assets, including NFTs. 

The most affordable option in cold crypto storage comes from Ledger. These wallets find a decent connection between ease of use and security. They deliver a high level of protection in an offline environment while being user-friendly.

The France-based company Ledger produces these hardware wallets. It was launched in 2014 by a group of eight experts with the goal of creating secure solutions for blockchain applications. These are multicurrency wallets that store your private keys offline. Ledger offers mainly three variants of offline wallets: Ledger Nano S Plus, Ledger Nano X wallets, and Ledger Stax.

![france.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/france_86bd7984fa.png)

## The necessity of securing your private keys

When we get a crypto wallet, we buy a pair of public and private keys, both unique and cryptographically generated on the blockchain. The private key unlocks our publicly stored assets on the blockchain.

Most of the time, we tend to buy and store our digital currencies on exchanges, but here comes the problem of not having the private key in our control.

"Not your key, not your crypto"

Without private keys, you actually don't own your crypto. However, if you own the keys, you are responsible for keeping them secure. That is where Nanoledger comes to play.

## How Nanoledger differs from other wallets

The simple truth is that we don't really own any crypto if we don't have the private key to it. The Nanoledger is a secure hardware wallet that stores [these private keys](https://www.investopedia.com/terms/p/private-key.asp). It is the most popular hardware wallet on the market, and there is a good reason for that. It is small, inexpensive, and does exactly as advertised - it keeps your coins safe.

## What kind of security?

These cold wallets are device-based, which means they use storage mechanisms like USB drives to store private keys offline. This makes it difficult for hackers to access the key from an online location.

These USB storage devices enable users to perform various functions like sending and receiving crypto from other blockchain users. The wallets can also employ 2FA for various crypto-related websites. To protect the crypto assets of a user, Nanoledger combines a secure environment and a sole operating system.

These wallets use a 24-word backup recovery phrase that can be used to import wallet assets in case the physical wallet is lost. To be more cautious, the 24-word phrase can be etched into a device called Billfodl, which holds them in a physical form.

## Ledger Nano S Plus Review

According to the company's security standards, the Nanoledger is an innovative way to secure crypto assets. 

Previously it was called Ledger Nano S, where one could only store up to 1,100 tokens. In the latest version, investors can store more than 5,500 crypto coins and tokens.

Features:

•	The Ledger Nano S Plus is quite affordable at £69.

•	Being a cold wallet, Nano S users hold their private keys.  The keys are not accessible via the web and are never removed from the device.

•	Having extensive memory, this wallet allows us to install up to 100 Dapps.

•	Managing NFTs can be fun with Ledger Live. One can send and sign NFT transactions with complete transparency.

•	It has two buttons instead of a touchscreen, making it a less complex device.

•	This device requires a USB cable to connect to a computer or Android device.

## Ledger Nano X Review

This Nanoledger is the second hardware wallet introduced by Ledger. Investors can store more than 5,500 cryptocurrencies with a new Bluetooth-enabled hardware wallet. All your digital assets are secured in one place, and you can receive and send your crypto assets easily.

Features:

•	Bluetooth is compatible with Ledger Live Mobile and costs only £136.

•	Battery life is better than S Plus. The battery lasts around eight hours while in use and a few months when idle, once fully charged.

•	Nano Ledger X is 10mm larger than S plus.

•	Because of its phone-friendly interface, the Nano Ledger X is the perfect hardware wallet for managing crypto.

•	Nano X doesn't require cords unless charging and is compatible with iOS and Android.

## How to transact with Nanoledger

Follow four simple steps to accomplish a successful transaction using Nanoledger. The steps are as follows:

•	Set up the Nanoledger.

•	Connect it to the app in which we are hoping to transact. Let's say we want to transfer some Bitcoin, then we need to open Bitcoin App.

•	Open Ledger Live and choose the Bitcoin account there.

•	Click on the "receive" option to see the Bitcoin Address.

One can send Bitcoins to this address, and, importantly, the Nanoledger wallet is not required to be connected to the system to receive funds.

## What if I lose my hardware wallet?

Here comes the nightmare - lost wallet! It's not a big issue if you have saved your recovery phrase and your wallet has a pin. Using the phrase, you can import your current wallet to a new hardware device, and the pin protects your lost device from unauthorized use. Enjoy your cryptos with Nanoledger knowing that all your crypto assets, including coins, tokens, and NFTs, are always secured and protected.

## Final words

Every crypto investor loves their crypto assets. That's why they should opt for the best security. Ledger has provided different Nanoledger options for cold storing your crypto, and you can choose between them according to your pocket and need. Make sure to back up the recovery phrase, so you don't lose access to your cryptos even when you lose your physical Nanoledger wallet.


blue image of blockchain mining servers with nano ledger in foreground

Nanoledger - Essential for 2023

CloneX has broken ranks in just 12 months to become one of the ten best-selling NFTs by all-time sales volume. It has generated approximately [$775 million](https://www.cryptoslam.io/clonex/sales/summary) from December 2021 to date, data from NFT aggregator CryptoSlam shows.

While many articles online continue to give a vague explanation of what the NFT is, there is more to CloneX than just being pieces of digital art in the blockchain technology of Ethereum. 

Launched in November 2021, CloneX NFT comprises a collection of 20,000 3D avatars called clones, designed with a broad focus in mind. The 20,000 3D anime avatars, the size of profile pictures (PFPs), come in eight deoxyribonucleic acid (DNA) types.

The DNA types are Human, Murakami, Demon, Angel, Undead, Robot, Reptile, and Alien. Among them, the alien DNA subtype is the rarest. It has 15 to 50 avatars, representing just 0.075% to 0.25% of the total collection.

The second rarest clone comes from Murakami. Murakami clones came about in October 2021 when [RTFKT](https://twitter.com/RTFKT/status/1454101172265132039?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1454101172265132039%7Ctwgr%5E3d3022ef7bf58e92ab668e68cc3d0c67025c1478%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fnftnow.com%2Fart%2Frtfkt-partners-with-takashi-murakami-clone-x-project%2F) announced, via its verified Twitter account, that it had partnered with Japanese pop art sensation Takashi Murakami for its CloneX avatar project. Murakami raised the project's profile due to his more than 300,000 Twitter followers being exposed to CloneX NFTs. 

While half of the NFTs (about 10,000) are Human DNA subtypes, three-tenths (around 6,000) are Robots, and two-tenths (roughly 4,000) are Undeads, Reptiles, Demons, and Angels. You should note that a tiny fraction of the Human DNA subtype possesses the "vitiligo" trait. This is a disease that causes patches of skin color loss that became synonymous with pop icon Michael Jackson.

Each of the 20,000 clones is also a turnkey. Thus they are ready to be used with the global fashion brand Nike and with RTFKT Studios, which employs the latest Web3 technology to create digital artifacts such as one-of-a-kind sneakers' Metaverse.

The Metaverse is what many analysts in the computer industry believe is the future of the internet as a single, universal, and immersive virtual world facilitated via the use of augmented and virtual reality headsets.

## Is CloneX NFTs' success down to Nike and RTFKT? 

Like other digital collections in the NFT sector, CloneX NFTs would have remained unknown for some time without its direct links to the global reach of Nike since the NFTs are made by RTFKT (pronounced artifact).

[Nike acquired RTFKT Studios](https://nftnow.com/news/nike-acquires-rtfkt-nft-studios/) in December 2021. President and CEO of Nike, Inc., John Donahue, said of the acquisition that Nike planned to invest in the RTFKT brand so that Nike's digital footprint and capabilities could be extended in the NFT sector.

Many industry experts expect the digital footprint to include the Metaverse, which has been forecasted to reach [$824.53 billion](https://www.prnewswire.com/news-releases/metaverse-market-size-worth--824-53-billion-globally-by-2030-at-39-1-cagr-verified-market-research-301585725.html) by 2030. 

Nike's acquisition of CloneX maker RTFKT impacted sales of the NFT, which soared in December 2021 to reach approximately [$187 million](https://www.cryptoslam.io/clonex/sales/summary?groupingtype=daily&month=2021-12) from the activities of 3,785 unique buyers and 3,025 unique sellers who contributed to 6,482 transactions. 

The average sale value of CloneX NFTs during the last month of 2021 was $28,867. Monthly sales volume for December 2021 remains at its all-time high, and that figure is still higher than the total sales volumes of MekaVerse, NFT Worlds, Adidas Originals, Okay Bears, Invisible Friends, Ethereum Name Service, Cool Pets, Gods Unchained, and World of Women Galaxy, as of 8 December, 2022.

## Nike impact on the NFT sector aside from CloneX NFTs

Nike Inc. filed for a patent for its blockchain-compatible sneakers dubbed [CryptoKicks](https://thenextweb.com/news/nike-blockchain-sneakers-cryptokick-patent) in 2019. The patent was officially issued in December 2019 by USPTO (the United States Patent and Trademark Office).

With this patent, Nike can use the possibilities of blockchain technology through cryptography to tie digital assets to a physical product. Nike took advantage of its partnership with RTFKT by launching RTFKT Nike Dunk Genesis CryptoKicks, a collection of 20,000 NFTs, in April 2022.

As of 8 December, 2022, the collection has generated more than [$19 million](https://www.cryptoslam.io/mnlthrvld/sales/summary) in all-time sales and falls into the top 300 NFT collections by total sales. CryptoKicks and other NFT activities which involve Nike have contributed to Nike Inc. topping a list of NFT brands by total NFT revenue. 

As of 8 December, 2022, Nike NFT revenue was [$185.74 million](https://dune.com/kingjames23/nft-project-possible-data-to-use), seven times more than second place Dolce & Gabbana, which had $23.69 million.
 
Nike took another step into Web3 and the Metaverse by filing three trademarks for its [DOTSWOOSH](https://twitter.com/KondoudisLaw/status/1594657887367925760) in November 2022 with the USPTO. The applications cover virtual, crypto goods marketplaces, virtual footwear, clothing, sports gear, and custom manufacture of real-world versions of digital footwear and apparel, among others.

## How do I get CloneX NFT?

CloneX NFTs can be found on NFT marketplaces such as LooksRare and [OpenSea](/news/article/nft-hackers-passports). Since OpenSea is the largest NFT marketplace by volume, we would like to direct you on how you can get the Clone digital collectibles on the platform. 

Firstly, you must create a crypto wallet that will store your NFTs. Several wallets support OpenSea, such as TrustWallet, Coinbase Wallet, Rainbow Wallet, and MetaMask. Once you create a wallet, private keys ranging from 12 to 24 words must be stored appropriately, and you need to buy ether (ETH). 

As the second step, ETH is the native asset of the [Ethereum](/news/article/ethereum-the-merge) ecosystem and oversees all transactions on the blockchain. CloneX is Ethereum-based and therefore needs ether to facilitate the transaction on OpenSea. Once you have ETH deposited in your wallet, you can connect it to OpenSea. 

On OpenSea, you can search for CloneX and buy one of the 20,000 NFTs available for sale. Once the purchase is complete, the CloneX NFT purchased will be deposited directly into your [crypto wallet](/news/article/tony-fadell-launches-crypto-wallet).



pink image of Clonex logo on pink background image of Anime girl NFT

Are RTFKT and Nike Behind CloneX NFTs Success?

A Bored Ape whale, who goes under the pseudonym "Pokeee.eth" on [Twitter](https://twitter.com/pokeepandaa), just spent ~$900k on 69 DeGods NFTs. DeGods is a dominant [NFT project on Solana](/news/article/how-to-find-new-nft-projects), with all-time sales of over $135M, according to [CryptoSlam data](https://www.cryptoslam.io/degods).

That said, what makes a DeGods NFT such a prized asset? And why did the NFT collector spend BIG on the project?

![degods1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods1_d298b36907.png)

Source: DeGods

## What is DeGods?

DeGods claims to be the "#1 NFT community on Solana". These NFTs are NOT a derivative of the Bored Ape Yacht Club (BAYC). Instead, this collection is [works of original art](/news/article/how-to-make-nft-art).

These non-fungible tokens are held by many prominent members in the crypto space, including Anatoly Yakovenko and Raj Gokal (Co-founders of Solana), Ice Cube (an American rapper), and Sidney Zhang (Co-founder and CTO of Magic Eden).

At the time of writing, there are 3,540 holders of the digital art collection – North Korea is the only country that does not have a DeGods holder. With more than $135M in sales to date, it is not surprising that the DeDAO (The project's DAO) bought a basketball team on 28 April, 2022 – the Big3 team, Killer 3s, for $625,000! A first in NFT history.

![degods2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods2_b424d0178d.png)

Source: [DeGods](https://degods.com/)

Holders of the non-fungible token earn in $DUST, the native token of the DUST Protocol, based on Solana. Currently, the cheapest DeGods NFT available on the open market is worth 517.78 SOL. The piece of art goes by the name "DeGod 4640".

The most expensive sale to date was made as recently as 18 hours ago, for $17,657.76 – DeGod #9001. There's more information about the project on the [website](https://degods.com/).

## Why did Pokeee.eth buy 69 DeGods NFTs?!?

On 13 January, 2023, Pokeee.eth promised to purchase 69 of the digital art tokens if the below post received more than 1,000 likes. The digital art collector's move was in support of the project's impending [move to Ethereum](/news/article/ethereum-whales-fuel-eth-bounce-back). The post has received nearly 3,000 likes, and Pokeee.eth is a man of his word.

![degods3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods3_d4679166d3.png)

Source: [Twitter](https://twitter.com/pokeepandaa/status/1613961351780773890)

On 16 January, 2023, Pokeee.eth tweeted a video showing his floor sweep (purchase at floor price) of 69 of the NFTs for around $900k, through the Magic Eden marketplace.

![degods4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/degods4_0f5a186be7.png)

Source: [Twitter](https://twitter.com/pokeepandaa/status/1614968118287433728?cxt=HHwWgIDU4c68wuksAAAA)

Notably, the NFT collector owns three BAYC NFTs as well – BAYC #7816, #6587, and #7369.


Pink image of nft whale and bored ape logo

Bored Ape Whale Buys 69 DeGods NFTs 

Are you desirous of joining the non-fungible token (NFT) revolution and looking for the largest NFT marketplace fit for your design or artwork? Don’t worry; we’ve got your back. 

Whether you’re an artist, designer, or creative, there’s an opportunity in NFT space waiting to be exploited – if you play your cards right. 

According to an October 2021 [Bloomberg report](https://www.bloomberg.com/news/articles/2021-10-29/here-s-a-532-million-nft-trade-that-wasn-t-what-it-appeared?leadSource=uverify%20wall), CryptoPunk #9998 is the most expensive NFT ever sold at $532 million. 

There are many other success stories. However, your financial success story as an NFT creator begins and ends with exploring different NFT marketplaces and selecting one that fits your NFT. 

## Choosing the largest NFT marketplace

NFT marketplaces, often referred to as the eBays and Amazons of the digital world, are gateways for anyone interested in buying or selling the latest digital assets, from music to works of art or digital land. Just like traditional markets, there are dozens from which to choose. Since you need one that caters to your specific niche, we have compiled a list of largest NFT marketplace options to help you decide.

## OpenSea

The popular [OpenSea](/news/article/haas-f1-opensea-collaboration) is the largest NFT marketplace. 

Founded in 2017, it currently supports ETH, $MATIC, and Klatyn blockchain. OpenSea features all categories of NFTs, including digital art, utility, collectibles, music, sports, and virtual worlds. Users can trade leading NFT projects like Decentraland and CryptoPunks. The platform's mining tool is its most fantastic selling point, enabling content illustrators and creators to develop and create their own NFT collections.

Also, users can mint NFTs directly from their websites onto the Ethereum blockchain, meaning they can convert their artwork now with the click of a button.    
 
## Pros 

•	Creators don't pay gas fees until they sell.

•	Limitless choice of NFT collectibles.

•	Different payment options.

•	Compatible with iOS and Android OS devices.

•	Supports up to 14 crypto wallets.

## Cons 

•	10% royalty paid is relatively low.

•	Doesn't support fiat currencies.

## Rarible 

As a community-owned NFT marketplace on the Ethereum blockchain, [Rarible](/news/article/rarible-nft-marketplace) dramatically emphasizes the social aspect of its business and allows users to track their peers’ general activity. The platform enables users to create ERC-721 tokens besides being able to add royalties or build smart contracts as miners. Moreover, Rarible offers a unique regulatory crypto called $RARI, which users can earn via weekly pay by interacting on the platform by buying or selling NFTs.   

## Pros 

•	Artists can pick up to 50% of their future income.

•	Easy-to-use marketplace with a user-friendly interface.

•	Hassle-free NFT creating and selling.

## Cons 

•	High gas fees.

•	Unresponsive customer support.

## NBA Top Shot 

A brainchild of the NBA and Women’s NBA, the NBA Top Shot is famous for tokenizing all NBA top players by recording their different outstanding performances into NFTs as cards. 

NBA Top Shots runs on the Flow Blockchain from Dapper Labs. That platform that runs as a private NFT marketplace gives users the right of ownership and credibility besides allowing them to trade NFTs on the site.

## Pros 

•	Flow blockchain is cheaper than Ethereum.

•	Best for people using debit/credit cards.

•	NFTs have a great resale value. 

•	New NFTs released often.

## Cons 

•	Limited cryptocurrency support.

•	The project is still in its infancy.

•	It only deals with NBA stuff. 

## SuperRare

Like the name sounds, SuperRare is an NFT marketplace dedicated to unique NFT collectibles. The platform that has distinguished itself as the upmarket alternative of Rarible presents a polished user interface that's extensively curated, giving it a minimalist appearance. SuperRare pays out 85% of NFTs' total sales price to artists and keeps 15% as fees, while creators receive a 10% royalty on all their secondary sales. 

Buyers pay a 3% transaction fee for every transaction, and all payments are made using Ether (ETH).

## Pros 

•	Offers exclusive NFTs.

•	Excellent user interface.

•	High royalty fees.

## Cons 

•	High commission rate at 15%.

•	Only accepts ETH as payment.

## NiftyGateway

NiftyGateway partners with businesses and leading artists to create NFT collections called Nifties that users can transfer to their crypto wallets and personal collections or display on the Metaverse. The platform is ideal for users who make or trade top-of-the-range exclusive NFTs. Individuals buying exclusive NiftyGateway NFTs are assured of a high-end market offering limited edition collectibles. Nonetheless, leading projects like Bored Apes and CryptoPunks don't feature due to many existing restrictions.  

## Pros 

•	Custodial marketplace.

•	Best for newbies without technical skills.

•	Allows using credit/debit cards.

## Cons 

•	It doesn't support crypto wallets.

•	Exclusive for influential artists.

## Foundation

Foundation NFT marketplace aims to advance the digital art and cryptocurrency culture by making it easy to trade, besides promoting disadvantaged users. The platform primarily focuses on art projects, and the leadership team is famous for holding live auctions that streamline the bidding procedure. 

Foundation gives creators 85% of the NFT sales price and keeps 15% as commission, while artists are given a 10% royalty. You may want to know that [Nyan Cat NFT](https://www.nytimes.com/2021/02/22/business/nft-nba-top-shot-crypto.html#:~:text=In%20the%20final%20hour%20of,Roughly%20%24580%2C000.), a renowned NFT, was sold on Foundation.

## Pros 

•	Easy-to-use interface.

•	Artists receive a 10% royalty fee.

•	Runs an auction systems.

## Cons 

•	Invite-only platform.

•	High commission rate.

•	High gas and minting rates.

## Binance NFT

Binance is a world-class crypto exchange that launched an NFT platform in 2021. It has become a popular contender due to its diverse Metaverse collectibles. Despite being a new digital asset marketplace, Binance already features over 800 creators and a massive following of collectors. While users in other platforms pay between 2.5 and 5% transaction fees for secondary and up to 5% on primary transactions, Binance charges 1% and avails numerous payment methods. However, sellers receive only 1% as royalties.    

## Pros 

•	Highly trusted in the crypto sphere.

•	1% transaction fee for sellers, buyers, and traders.

•	Free account creation and verification.

•	Easy-to-use interface.

## Cons 

•	Both buyers and sellers pay the fee.

•	New entrant and lacks rarest NFTs.

## How to choose the largest NFT marketplace

The best way to choose the largest NFT marketplace starts with deciding which category of digital asset you want to create, buy or sell. Since NFTs represent anything from videos, collector items, written word, music, and more, narrowing your area of interest and considering the type of token supported are good starting points. Moreover, confirm a platform's security protocols and whether it's had any [breaches](/news/article/nft-hackers-passports) in the past.


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