Metaverse

Magic Eden Partners with Robox to Launch Neat New BNPL Feature

Over the last month or so, the battle of the NFT marketplaces took an unexpected turn, with the theme of the NFT lending taking center stage. Now, to bring Solana into the fold, Magic Eden has partnered with leverage trading platform, Robox, to launch a neat new ‘buy-now, pay-later’ feature.Currently in its private alpha phase that users can join via its website, Robox will allow traders to purchase Solana NFTs on Magic Eden with as little as a 30% down payment. Through the scheme, it will essentially freeze the chosen NFT in the holder’s wallet for the duration of the loan. However, they will still retain utility benefits such as private Discord access, airdrops, whitelist allocation and more.Once undertaking the loan, the new owner will face 3 options with regards to the future of the NFT. Firstly, they can opt to repay the loan plus its interest, which will effectively unfreeze the NFT and allow them to gain full access to the token. Secondly, they can choose to sell the NFT and pay off the remainder of the balance with the proceeds. Or, they can leave the agreed terms to run their course, which will see the Robox platform ‘auto-sell’ the asset to recoup the funds.We’re happy to announce that Robox users can now buy NFTs listed on @MagicEden for only 30% of the price!They can also list and instantly sell their NFT collateral through ME!How does it work? Let’s dive in (1/8) pic.twitter.com/UAiP50fuNm— Robox: NFT leveraged trading – Solana Grizzlython (@Robox_Fi) May 29, 2023Robox and Magic Eden Enable a Test Drive Option for NFTsThe new system differs slightly from lending platforms such as those offered by Blur and Binance, as it acts more like a test-drive feature for NFTs. As a result, those eyeing a particular collection, but reluctant to take the plunge, can now trial it for a fraction of its value, while still unlocking the benefits associated with it.Through the initiative, Robox has also added a $SOL staking feature, which will allow folks on the other side of the fence to provide liquidity to the platform while earning a dose of APY for their troubles.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Decentralised human, Explorer, Adventurer.

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‘Mittaria: Genesis NFT’ Collection to Kickstart an Animation Revolution

As the icy grip of crypto winter continues to envelop the Web3 world, a new force has emerged to bring a spark of joy to the faithful proponents of the industry. Over the coming weeks, the fabled land of Mittaria will begin to take shape with an all-new website, invigorated Twitter account, and the launch of its meticulously crafted, fine-art, genesis NFT collection.Within its animation oriented Metaverse, Mittaria will build an all-encompassing hub that will connect creative talents from all over the world. Essentially, establishing a global network of animation artists, screenwriters, researchers, and fans to produce the next-generation of shows and movies that have the power to go toe-to-toe with the industry’s big guns.Rooted in the ‘Mittaria: The Genesis’ CollectionAs Mittaria looks to spread its wings and soar to the heights of Web3, it finds itself on the cusp of launching its long-awaited genesis NFT collection. This will consist of 5,555 unique artistic renditions of Mitra, the enigmatic creator of the Mittara universe.Each NFT within the collection will debut via the Ethereum blockchain and will flag its owners as an early supporter of the Mittaria project. As a result, they will receive preferential benefits within the cosmic ecosystem, including lifetime membership, NFT airdrops, whitelist status, coin rewards, merch drops, and much more!An Exclusive IP Deal with a Media GiantIn order to provide a genuine launchpad into the realm of global animation, Mittaria has inked an exclusive deal with entertainment powerhouse, T&B Media Global. Through this ground-breaking accord, Mittaria has secured the intellectual property of its animation division to distribute shows and movies produced through the project.Building Alongside Thailand’s $300 Million Translucia MetaverseAs South East Asia continues to carve out a name for itself in the Web3 space, Thailand has emerged as a champion of the revolutionary new technology. To emphasize this, it has set aside a mighty war chest of $300 million to build out its all encompassing-Metaverse called Translucia. Essentially, putting together a giant, interoperable virtual world that will incorporate a wide variety of Web3 projects. It is within this framework that Mittaria will eventually integrate its own virtual universe, becoming a cornerstone component of the new digital revolution.Head to the Mittaria website > > HereFollow on Twitter > > HereWant more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Decentralised human, Explorer, Adventurer.

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Star Atlas Takes Flight with Incredible New ‘Showroom R2.1’ Update

The Star Atlas universe is set for a groundbreaking evolution as gamers eagerly await the arrival of its upcoming ‘Showroom R2.1’ update on June 1 — an exciting new development that will transport players on out-of-this-world journeys like never before.Showroom R2.1 will include an array of features designed to push the boundaries of immersion and ignite the imagination. These cutting-edge technologies have been carefully crafted to bring forth vibrant and captivating experiences that will truly come alive within the Star Atlas cosmos.Showroom R2.1 is coming on June 1st! 🚀New features of this much-anticipated update include:🔹 More flyable ships🔹 New jetpack🔹 Single-player ground racing🔹 Updated dogfighting arena🔹 Marketplace integration🔹 Other surprisesNeed a game key? Join… pic.twitter.com/iv285mI1c4— Star Atlas (@staratlas) May 26, 2023The Star Atlas Update Deploys Stunning New FeaturesOne of the most thrilling developments of the Star Atlas update includes a collection of additional flyable ships to transport players to uncharted territories. When jumping into one of these vehicles, players can embark on mind-blowing adventures through the ecosystem, breaking free from traditional constraints as they explore the vastness of space.Furthermore, competitive spirits and thrill-seekers will particularly enjoy Star Atlas’s ground racing feature, pushing players’ driving skills to the limit as they navigate the pristine but challenging forms of alien planets. Adding to the excitement, the game will also introduce cutting-edge jetpack technology to grant players extra agility and speed, allowing them to unlock undiscovered lands, conquer difficult terrain, and navigate asteroid belts with unparalleled precision and swiftness.In addition, the updated dogfighting arena will host intense battles that will enable players to test their mettle against tough opponents. The venue’s revamped layout and enhanced mechanics will keep players on the edge of their seats, turbocharging strategic prowess and combat skills as players fight for top place, further solidifying their positions as warriors in the Star Atlas ecosystem.The Star Atlas update commences a new era, amplifying competition and adventure to create an exciting and more immersive gaming experience. As the update’s countdown begins, gamers across the globe are eagerly waiting to conquer the limitless universe.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Self-proclaimed digital art fanatic who brings a unique perspective to NFT news.

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Epic Games adds 20 NFT Titles to Level up its Roster

Representing a significant move in the gaming world, Epic Games — the prominent video game giant behind Rocket League and Fortnite — is set to introduce twenty new NFT-based titles on top of its current five to the Epic Games Store.Following the success of its initial NFT integrated offering, Blankos Block Party, Epic Games will kick off its next phase of blockchain gaming with Project Red, an all-action, mafia-themed first-person shooter. The game will feature free-to-play, state-of-the-art AAA graphics, alongside Mobster NFTs, which unlock additional benefits for its players. Another highly-anticipated game includes Defimons, a multiplayer adventure with a captivating storyline filled with strategic turn-based battles, intricate mini-games and RPG elements. It will offer all of these exciting features in one gaming world, and expects to appeal to players of all levels through competitive game-play. ‘Fortnite’ creator EPIC GAMES introducing two NFT based games in it’s marketplace soon…▪️Project Red▪️Defimons(2/9) pic.twitter.com/fRzaoo1VHF— MANI (@Mani_NFTz) May 27, 2023The Perks of Merging Gaming and NFTsBlockchain technology and NFTs have the strength to reshape the gaming landscape by enabling new forms of economics, ownership, and a player agency that has only recently became possible. By taking this step, Epic Games is claiming a stake in this new frontier by putting its faith in the power of the emerging technology, a move which other gaming firms will likely follow. NFTs in games display unique digital assets such as weapons, skins, characters, or in-game real estate, which players can own, trade, or sell independently. This, in turn, opens up an entirely new gaming economy that values players’ time and effort, potentially evolving it into a profitable as well as fun experience. As a result, this freedom can boost player engagement and longevity within games, adding a new element to the gaming world. Another perk of integrating blockchain technology includes security and transparency. The blockchain’s decentralized, immutable nature makes it tricky for bad actors to manipulate systems, helping to prevent cheating and safeguarding in-game transactions. The Epic Games Store’s adventurous leap into the Web3 world serves as a compelling demonstration of the potential for the future of gaming. This initiative paves the way for more immersive, innovative, and rewarding gaming experiences. With the addition of 20 new NFT games, it has the power to ignite a revolution within the gaming industry. By doing so, it will bring gamers closer to an increasingly decentralized and digitized future.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on InstagramImage credit via: Niantic*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Self-proclaimed digital art fanatic who brings a unique perspective to NFT news.

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Formula 1 Races into the Game-Changing Realm of NFT Ticketing

Over in the gas-guzzling world of high-stakes motorsports, one of the biggest events in the racing calendar has embraced a new era in NFT ticketing. Last weekend, Formula 1 ticket merchant, Platinum Group, debuted the game-changing technology at the thrill-a-second Monaco Grand Prix.Through the latest high-profile NFT initiative, Platinum Group combined its expertise with blockchain infrastructure specialist, Elemint and Web3 pioneer, Bary Agency. Together, assembling a package that will enable NFT gated access to F1 races, and further reward loyalty through additional rewards and experiences.The new ticketing scheme kicked off at the prestigious Monaco Grand Prix, and will continue through the latest racing season. Minted on the Polygon blockchain, the state-of-the-art access solution will provide buyers with the ultimate traceability, customization and transparency, while also incorporating a simple yet effective user experience.Formula 1 NFT Ticketing Can Track and Reward LoyaltyTo add a little more flair to the Formula 1 NFT tickets, Platinum Group plans to foster loyalty in the brand by offering future benefits for holders, such as race discounts, and exclusive access to parties and events. As a result, creating a far more engaging racing experience that will open up additional opportunities to the avid race-goer.F1’s recent expansion into NFT ticketing marks a growing trend in the wider sporting industry, where NFT adoption is growing at a startling rate. As such, the tech has been touted as a solution to last year’s Champions League ticketing debacle, as well as being earmarked for the next Rugby World Cup and the Olympics.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on InstagramImage credit via F1*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Decentralised human, Explorer, Adventurer.

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OneLand Metaverse Market Analysis: May 22-28

Welcome to Metaverse Market Analysis! Every Monday we bring you the latest stats and data on the overall state of the Metaverse market. This column is in partnership with the incredible team from OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for May 22 – 28, 2023.Stake your TheSandbox LAND & earn 3.8%* APY. Stake your $SAND & earn 11.79%* APY. (*29.9.2023). Stake with us. Meta Rankings (7D)OneLand 7-day data shows aggregate land market caps for the 10 listed projects down 0.44% to 772,997 ETH, or $1.475 billion (+5.3%), the divergence in ETH and USD terms a consequence of $ETH ending the week up 5.8%. Meanwhile, metaverse tokens $SAND (+13.7%) and $CUBE (+13.9%) also enjoyed a rally.Project land caps were for the most part stable, with the notable exceptions of The Sandbox (which enjoyed its second consecutive weekly boost, +4.86%) and Decentraland (which suffered its fourth consecutive weekly drop, -5.7%). Land caps and average prices in The Sandbox and Decentraland are convergingLand caps of The Sandbox and Decentraland are once again on par, with another flippening on the cards within days if the trend continues. The average price of a plot of land is also converging, supported by several high-priced sales in The Sandbox in recent weeks.Meanwhile, BYOPills and Treeverse enjoyed dramatic booms in trading activity, with volumes soaring 642% and 416% respectively, while 7-day sales counts for all other projects (with the exception of Decentraland) ending the week down. Top Weekly Performer by Avg Price / Metaverse Heat Index (7D)Join us in our Discord Tuesday 4am UTC to view a demo & learn how to stake your #Sandbox #LANDs & $SAND to earn the best APY.***For explanations of our data calculations, check docs.oneland.world/. For comprehensive metaverse market and project data, check oneland.world.OneLand is a 1-stop MetaHub — providing Metaverse data & analytics, Land NFT marketplace, LandFi tools and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay tuned to, research and invest in the metaverse projects you love most.Connect with us on TwitterWant more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Financial platform for virtual lands in the metaverse.

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NFT Insider Trading: The Aftermath of the Nathaniel Chastain Case

One of the most important legal cases in the NFT space over the last few months has undoubtedly been that of Nathanial Chastain. A former employee at NFT marketplace OpenSea, Chastain has infamously made history as the first person to be convicted for NFT insider trading. The lead-up to the trial was quite intense, with Chastain’s legal team putting forward a defense that questioned the status of NFT assets as a whole. Following his historic conviction, it is worth exploring why this case is significant and what impact it will have on the NFT community moving forward.Background of the CaseTo understand the case’s significance, we must first break down how the crime took place. Previously, Nathanial Chastain had worked as a product manager at OpenSea. One of his responsibilities in this role was deciding which NFT collections would be featured on the home page. As most of us know, OpenSea is one of the biggest NFT marketplaces in the world. As such, being featured on its home page could be a big boost to any NFT collection, consequently driving massive sales, and it was this ripple effect Chastain was banking on.According to the US Department of Justice, from June 2021 to at least in or about September 2021, Chastain began leveraging this information. He would decide on a collection to feature on the homepage and then buy dozens of assets from that collection. Once it was featured, the price of the assets would increase and he would resell them for a profit. According to the Department of Justice, this was for around 2 to 5 times his initial investment. The sales also took place using an anonymous digital asset wallet to avoid being detected. However, due to the vigilance of the NFT community, his actions were detected in September 2021, and following deliberation, in June 2022, the Department of Justice charged him with one count of wire fraud and another for money laundering. During the court proceedings, Chastain’s lawyers put forward a number of arguments for his defense.First, it was said that the knowledge of which collections would be featured on OpenSea’s homepage was not ‘confidential’ information and that Chastain had done nothing wrong. This was dismissed on the basis of Chastain Using an anonymous digital asset wallet to cover his tracks (meaning he knew his activities were wrong). Interestingly, it was also argued that Chastain could not be accused of insider trading or wire fraud because NFTs are not ‘technically’ commodities or securities. This, of course, did not work as he was convicted of both charges and will be sentenced later this year.The Significance of the NFT Insider Trading CaseThis case is not just another instance of someone potentially going to jail after committing a crime. In fact, it has far-reaching implications for the whole industry. First, there are the legal ramifications. When Chastain was first charged, it represented the first time that someone was charged for wire fraud and insider trading in relation to NFTs. When we think of insider trading or wire fraud, we tend to think of ‘traditional’’ assets like stocks and not NFTs. This was even referenced by Chastain’s legal team for his defense. This conviction means that we now have a legal precedent for convicting people who try to manipulate the NFT marketplace. Others will, thus, be deterred from trying to do what Chastain did and if they choose to try, there is legal precedent to convict them.This will make the industry infinitely safer for all participants. Think of it like paying taxes on crypto gains, no legal framework or precedent existed for it a decade ago and so, people simply didn’t do it. Now that the framework and precedent exist, the industry is more compliant and organized. We must also consider the social implications of this case. Those who deal in NFTs and other digital assets are acutely aware of the existing legal grey areas. How some activities might be unethical or illegal when it comes to ‘traditional’ industries but carry no repercussions when it comes to NFTs. These include things like pump-and-dumps and smart contract exploitation. The average NFT investor was likely not surprised that someone was manipulating the markets as Chastain did but was probably surprised that he has been convicted. Now, those in the NFT space can rest assured that they have a bit more legal protection and are not helpless when it comes to misbehavior on the part of marketplace employees.This also applies to those outside of the community. While it is easy to look at the Chastain case and consider it an indictment of the NFT space, it can also be encouraging. Simply put, it shows that the NFT space is not a lawless wild West but an industry that can and has been held accountable to law enforcement. This, in turn, is encouraging to investors. ConclusionThe Chastain case is perhaps one of the most significant for the NFT industry in recent times. It sets a very much-needed legal precedent that could go on to protect investors and platforms alike. It also shows the development taking place in the industry and could go on to boost investor confidence. While Chastain is yet to be sentenced, the ruling opens up the floodgates for more potential prosecutions into NFT-related wire fraud and insider trading.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has appeared on sites like BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.

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Decentraland’s Metaverse Pride 2023 to Uplift the LGBTQIA+ Community 

Collaborating with Polygonal Mind and Vegas City, Decentraland is heralding the return of Metaverse Pride 2023. This diverse and vibrant digital celebration of the global LGBTQIA+ community will take place for three days from June 27 – 29, enriching the deep-rooted history of Pride month.Taking place for the third year running, this multicultural jubilation will showcase “bigger and better” virtual art installations, immersive experiences, live musical performances, prizes and LGBTQIA+ educational content. Attendees can partake in the festivities using their bespoke avatars and custom wearables, and can even create their own by participating in the wearable design contest.#MetaversePride23 featured in @decryptmediaThe three-day Metaverse Pride 2023 celebration will offer educational experiences and live musical performances, with a focus on community. 🏳️‍🌈 https://t.co/jXr5epZpfo pic.twitter.com/MQmVEFlnVV— Decentraland (@decentraland) May 25, 2023Decentraland Pride 2023 to Help Strengthen the LGBTQIA+ Community Alongside an interactive parade, the event promises to include panel discussions and educational workshops addressing LGBTQIA+ rights, advocacy and mental health under ‘The Ad Council’s Love Has No Labels’ campaign. Decentraland’s main aim is to provide a safe space for all attendees to share experiences, breaking down misconceptions and stigmas through open and honest conversations to foster a strong community that validates and recognizes such struggles. “It is an honor to lead this year’s Metaverse Pride. By involving community members in the event’s organization and execution, we aim to foster a sense of shared ownership and unity within our virtual community,” commented Lara Dias, Partnerships Manager and Metaverse Pride Coordinator at the Decentraland Foundation, via a press release. To participate in Metaverse Pride 2023, participants must create an account in the Decentraland Metaverse, create their own avatar and enjoy the dazzling floats and supportive engagements. Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Self-proclaimed digital art fanatic who brings a unique perspective to NFT news.

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The Machines Arena Marks a Bright New Era for the Ronin Network

As the ever-expanding Ronin Network looks to make a name for itself outside the gravitational sphere of Axie Infinity, several new games have begun to emerge on their own merit. Top of this list, comes the frantic all-guns-a-blazing NFT fest that is ‘The Machines Arena.’Ticking all the boxes, The Machines Arena is the flagship blockchain title from industry veterans, Directive Games. Through its gamer first philosophy, players can compete in a high-octane, adrenaline-fueled top-down shooter and earn delicious NFTs for their troubles.In its current deployment, participants can select one of 9 heroes to send into the fray, each of which will provide their own unique advantages on the battlefield. For example, Pyro features a formidable flamethrower weapon and has the ability to heal, while Bravo Zulu comes equipped with a machine gun and the passive ability to lower reload times of friendly players.Gameplay currently consists of two high-risk, high-reward gaming modes that Directive Games has specifically designed to get the blood pumping. PvP combat will see two teams of 4 players look to pulverize each other in a frantic, no-holds-barred deathmatch. While, the single player death run will see individual players go against the clock in a bid to stay alive.The Machines Arena Takes a Mature Approach to Blockchain TechUnlike many games in the sphere, The Machines Arena utilizes a take-it-or-leave it approach to blockchain technology. Essentially, allowing anyone to play the base game for free, but adding additional modes and experiences that players can unlock with NFTs.That said however, all of the NFTs within The Machines Arena must be earned inside the game, with no primary sales events taking place. Once earned, players can mint their assets to the Ronin Network, and if they so desire, sell them on the secondary market.The Machines Arena is currently in its closed beta phase, and those interested in taking part can sign up now via the official website. In addition, it has partnered with the Epic Game Store as its official games launcher, and will roll out a mobile version later in the year.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on Instagram*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.Decentralised human, Explorer, Adventurer.

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Niantic Would be Crazy not to add NFTs to ‘Peridot’

‘Peridot‘ is the newest game from Niantic, the company behind Pokemon Go. This game lets you collect and raise pets with unique traits. I’ve enjoyed my first few days with it, but I’m noticing a notable omission — where are the NFTs? Every aspect of this game seems to lend itself to NFT integration, and sources like The Gamer and The Verge have reported on Niantic’s interest in Web3 technologies. We don’t know when or if Niantic will pull the trigger on ‘Peridot’ NFTs, but there are numerous reasons why they should.‘Peridot’ has a Trait SystemThis was the first aspect that caught my attention. Each Peridot you hatch and care for has a series of traits, each with rare and common versions. Some of the traits include the Peridot’s pattern, tail, ears, horns, material, and face. To hatch a new Peridot, one of your creatures must mate with another player’s Peridot. Your creature will pass some of its traits to its child, and it may inherit characteristics from the other player’s Peridot if you’ve unlocked them by playing.Each trait has an assigned rarity, just like those you’d find in an NFT collection. For example, monkey ears have a one-star rarity, while fairy ears have a two-star rarity.Peridots aren’t FreeIn its current state, the game requires you to use a “nest” each time you want to breed a new Peridot. The beta version let you create nests by foraging various items and using them to build one. However, nests are now locked behind a $5 paywall.Players were understandably upset by this change; the game now has a three-star rating in the Google Play Store, which is a shame because it is actually a pretty fun concept. A quick look at the one-star reviews makes it clear that the $5 paywall is one of the primary reasons players are upset. Niantic could easily get away with this paywall if players were incentivized to spend the money. Personally, I wouldn’t mind buying a $5 nest each time I hatched a Peridot if I knew I could later sell them on the secondary market. Niantic could even emulate “Gods Unchained,” which allows players to spend money to mint their cards as NFTs while letting them earn the non-NFT cards for free. This method would appeal to casual players and Web3 enthusiasts; Niantic could still charge money for less-essential in-game items, let players mint Peridot NFTs for $5, and rake in additional profits by adding a royalty to NFTs minted with their game.“Peridot” could be the biggest location-based NFT project‘Pokemon Go’ quickly took the world by storm, and Niantic has earned a reported $4.6 billion since its release. If the company could bring that same successful formula to ‘Peridot,’ it could easily make it the biggest location-based NFT project.Location-based NFTs are a relatively new concept, and there has yet to be a breakout project to achieve mainstream success. If Niantic chooses to add NFTs to “Peridot,” it will likely become the first major success story for location-based, experiential NFTs.Want more? Connect with NFT PlazasJoin the Weekly NewsletterJoin our DiscordFollow us on TwitterLike us on FacebookFollow us on InstagramImage credit via: Niantic*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.NFT Artist. Musician. Founder of Crescendo.

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