While the cryptocurrency market is gradually reclaiming the market capitalization it lost in May, the NFT ecosystem is in full bloom. New projects and platforms are flooding the world of NFTs, bringing fans and collectors a wider ensemble of epic collectibles. In this NFT roundup, we take a look at what’s new for the NFT community.
Hoard Exchange, one of the largest digital goods marketplaces, has launched its NFT marketplace on Ethereum mainnet. The platform allows users to trade, rent, lend, and borrow in-game consumables, digital art, domain names, and various NFTs.
The platform, committed to offering its users true ownership of virtual items, seems poised to take a significant stake in the NFT industry. Any user who holds NFTs and stablecoins can generate extra income through the platform through the lending and borrowing options.
Full-stack blockchain firm, Enjin, has partnered with Health Hero, a digital health platform focused on user engagement, to build an innovative NFT-based wellness app called Go! By Health Hero. In addition to health monitoring and engagement, the app will also allow users to create unique Well-Being NFTs (W-NFTs) based on their health and activity.
The Go! App is designed to gather user activity and wellness data via integration with other health tracking devices, such as Fitbit, Apple Health, and Google Fit. All such W-NFTs can be exchanged and traded for Enjin coins ($ENJ) on the Enjin marketplace.
Meme.com, a renowned social media platform for meme trend exploration, has raised $5 million following the successful closure of the Outlier Ventures acceleration program. With the rise of meme coins like Dogecoin and the popularity of meme NFTs, the platform aims to expand its offerings to bring meme coins and meme NFT trading into the spotlight.
Backed by blockchain-focused VC firms including Outlier Ventures, Digital Finance Group, Morningstar, Blockhype, Spark Digital Capital, and private investors Gabby Dizon (CEO, Altitude Games), and Sandeep Nailwal (Co-founder, Polygon), this unique platform will allow users to mint tokens based on the ‘perceived value’ of the trend or the meme.
The Professional Fighters League (PFL) has partnered with Fanaplay to launch the first official digital collectibles for MMA. As per PFL, Fanaplay will produce and sell the official NFT collection, consisting of unique events, debut moments, and championship moments of MMA fighters active under the PFL banner for 2021.
PFL aims to bring innovation to the growing popularity of mixed martial arts (MMA) as a sport. By partnering with the industry’s leading digital collectibles provider, the organization enables fans to own their piece of MMA history, minted on the Ethereum blockchain.
Chronicle, a fan-focused studio and marketplace for NFTs, aims to introduce the concept of ‘NFTs-as-a-service,’ enabling brands to mint collectibles for fans to trade easily. The standout factor of this marketplace is that users don’t need prior knowledge of blockchain and cryptocurrency to use the platform.
With plans to support NFTs across industries, including sports, games, music, TV, celebrities, and more, the platform has successfully raised $3.2 million from leading blockchain VCs such as 4SV, AU21 Capital, Blocksync Ventures, DAO Maker, GBV Capital, Legos Capital, Magnus Capital, Moonwhale Ventures, and more.
Scuti, a dedicated gCommerce (gaming commerce) platform, has partnered with Reality Gaming Group to enable game developers to build an evergreen revenue stream. By offering its Scuti gCommerce SDK, game developers and publishers can now tap into the exploding NFT market, non-intrusively monetizing 100% of their audience.
Besides offering a seamless player experience, Scuti.ai allows game developers to monetize their content through AI models. Powered by Reality Gaming’s DAT Platform, the marketplace will enable players to purchase in-game assets with complete ownership, without even leaving the game lobby.
Will NFTs be the hero of the next bull market? Let us know what you think in the comments section below.