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In an impressive milestone for the NFT industry, Reddit Collectible Avatars NFTs are on the cusp of reaching a whopping 10 million holders. This achievement underscores the expanding acceptance of the collection since it first hit the scene in July 2022.Over time, Reddit Collectible Avatars have steadily grown to become one of the largest and most recognizable NFT collections in the global marketplace. Boasting a robust market cap of $44.1 million and encompassing 13.7 million avatars, this collection has consistently gained traction, now boasting 9.9 million holders—the highest number in its history.Source RedditPopularity and Market Influence of Reddit’s NFT CollectionWhile…

Blockchain NITI Aayog, an Indian public policy think tank, has acknowledged the blockchain-based caste certificate initiative on the Polygon network. While crypto is yet to achieve mass adoption, the shoutout from the National Institute for Transforming India (NITI) Aayog and United Nations Development Programme (UNDP) has made the Indian crypto community hopeful. 75 Best Practices: Blockchain-Based Caste Certificate NITI Aayog and UNDP jointly published a “Best Practices in Social Sector: A Compendium 2023 Report.” The report gives a shoutout to 75 best practices and policies that deliver sustainable development goals for people and communities. Among other best practices, India’s apex…

Eternal Dragons adds new play and earn opportunities to their alpha with weekly PvE Quests and a Daily PvP leaderboard. Players can play and earn USDC, Eternium tokens, and even Dragon Eggs! Play and earn takes a more prominent seat in the land of Eternal Dragons with the introduction of weekly leaderboards for PvE Quests, and daily leaderboards for those engaging in PvP combat! Eternal Dragons is now running a weekly PvE quest event with rewards for the top 100 players. Each quest offers a specific arena challenge, leaving it up to the players to figure out how to progress…

Blockchain Sony Network Communications, in collaboration with Astar Network and Startale Labs, is set to culminate their groundbreaking Web3 Incubation Program with an eagerly anticipated Demo Day on June 18, 2023. This event, which has been registered as an “Official Event” of Japan Blockchain Week, promises to be a pivotal moment in the world of blockchain and decentralized technology.—The Demo Day will be a hybrid event, bringing together participants from across the globe both in-person at an offline venue and online in the Metaverse. It will serve as the grand finale of the Web3 Incubation Program, providing a platform for…

Blockchain The CEO of Cheqd, Fraser Edward, explained how blockchain-based reusable KYC would become the “breakthrough” for security in Web3. The rationale is that it would improve the user experience while also unlocking new use cases. “Blockchain-based reusable KYC is particularly valuable in Web3”: word from Fraser Edward Reusable blockchain-based KYC and the Trusted Data Market with Cheqd Cheqd: nominee for startup of the year “Blockchain-based reusable KYC is particularly valuable in Web3”: word from Fraser Edward In an interview with Bitcoin.com, Fraser Edward, CEO and co-founder of the public permissionless network Cheqd, spoke about blockchain-based reusable KYC, describing it…

Blockchain A blockchain is just a ledger. My bank also maintains a ledger of account balances and transactions. However, unlike the Bitcoin and Ethereum blockchains, my view of that bank ledger is limited only to information that pertains to me. Checking my bank accounts shows me only my balances, not how much money my neighbor has at this bank, or my boss has in his savings account, or any random stranger’s balance. With the non-crypto financial system today, there is an implicitly implied level of privacy. But this is different from how today’s public blockchains work. As innovative as blockchain’s…

NFT Tabi, a platform for buying and selling digital items called nonfungible tokens (NFTs), has raised $10 million in funding. Companies like Animoca Brands and Binance Labs invested in the project. The money will be used to improve Tabi’s gaming features and create an on-chain identity system. Tabi lets users earn “experience points” from their online activities, which can be exchanged for rewards. It also has a gaming platform and plans to support artists through an NFT incubation fund. Binance, a popular cryptocurrency exchange, has been expanding its NFT operations, including integrating with other platforms like Polygon and OpenSea. Source…

Blockchain Ethereum may be far younger than the traditional payments giants, such as Visa, but it has shown (yet again) that blockchain, in a single decade, developed into a force to be reckoned with. As a payment technology, blockchain has grown as much as to rival established players. Recent data from Coingraph has shown that Ethereum, for example, processed $3.01 trillion in transactions, as opposed to Visa, which processed $3.08 trillion.It is a testament to the growth in mainstream adoption of the nascent technology, which is often perceived – sometimes nearly exclusively – as a vessel for scammers, drug dealers,…

Blockchain Bitcoin, the pioneering blockchain network, has revolutionized the financial landscape and sparked innovation in the development community. With its robust blockchain and decentralized nature, Bitcoin has paved the way for numerous projects offering developers unique opportunities. This blog post will delve into three native Bitcoin projects every developer should know about. These projects cut across various functionalities, from smart contract platforms to decentralized applications, allowing developers to leverage Bitcoin’s infrastructure and security to build groundbreaking solutions. Mintlayer Mintlayer is a cutting-edge Layer 2 platform aiming to change the future of Bitcoin by addressing the sustainability and scalability challenges existing…

Blockchain The Fantom blockchain will reward projects that use its network and contribute to high usage of gas fees to drive increased demand for block space, the developers announced on Twitter on Sunday. Eligible apps will be rewarded with 15% of the gas fees they generate, providing developers with extra income. The move is part of the dApp Gas Monetization Program, which was voted on by the community earlier this year. The proposal was intended to reduce Fantom’s current burn rate in order to redirect more network fees directly to applications built on Fantom. This will reduce Fantom’s burn rate…