Exploring the Rise of Crypto ETF Development Services

-
In the ever-evolving landscape of cryptocurrencies, one concept has been gaining significant traction: Crypto Exchange-Traded Funds (ETFs). As digital assets continue to permeate mainstream finance, the demand for diversified investment opportunities in the crypto space has surged. In response, Crypto ETF Development Services have emerged as a vital bridge between traditional finance and the burgeoning world of digital currencies. At its core, a Crypto ETF functions similarly to traditional ETFs, offering investors exposure to a basket of cryptocurrencies rather than individual coins. This approach not only reduces risk by diversifying investments but also provides access to the broader crypto market without the complexities of direct asset management. For institutional investors and retail traders alike, Crypto ETFs represent a convenient and efficient way to participate in the crypto market's growth. One of the key advantages of Crypto ETF Development Services is their ability to...
Post a Comment

Universal Studios planning Halloween-themed NFT scavenger hunts

-


 The Universal studios theme parks in California and Florida are adding non-fungible tokens to their list of attractions.

Through Oct. 31, park visitors will be able to participate in a Halloween-themed scavenger hunt that could result in minting some 7 million total NFTs. Seven QR codes will be hidden at each park, and each will mint an NFT when scanned. Visitors who find and scan all seven will receive a special NFT, which Moonpay, the crypto payments service partnering with Universal on the project, said will unlock additional perks.

πŸ‘‰   π‘©π’–π’Šπ’π’… 𝒀𝒐𝒖𝒓 π‘Άπ’˜π’ 𝑡𝑭𝑻 π‘ͺπ’π’π’π’†π’„π’•π’Šπ’π’

But the new NFT experience isn’t just for park visitors, MoonPay CEO Ivan Soto-Wright told "it provides the company with actionable customer data".

The rise of NFTs last year was bolstered by their use as digital collectibles. According to data from Dune Analytics, major brands including Nike, Dolce & Gabbana, and Tiffany have sold hundreds of millions of dollars worth of NFTs over the past year.

But NFT sales have since cratered. In July, the overall market hit a yearly low, according to Be[In]Crypto Research. In the last 30 days, transaction volume on the biggest NFT marketplace, OpenSea, was down 13%, to about $252 million, according to analytics platform DappRadar.

Soto-Wright told that Universal’s NFTs shouldn’t be affected by declining marketsβ€”the use case is more about customer engagement and creating repeat visitors.β€œFor me,” added Soto-Wright, β€œthis is the next wave, 100%. I mean, I think this is a natural progression.”

Comments

Post a Comment

Popular posts from this blog

Gods Unchained NFT Platform Development For Exotic Card Games

-
Image
  A smart contract is crucial in the development of a trading card game. However, God's Unchained NFT Platform Development on the Ethereum blockchain is like developing an NFT marketplace platform for trading card games. Moreover, with the help of a reputable company, launching a unique trading card game is simple. NFT platform development, such as God's Unchained, will bring in more earnings since they are currently earning $7 million. The trading cards are made as NFTs and traded with other players in this game. You can create such a platform and increase your earnings. This game platform specializes in the trading and combating NFTs. Why do you require an NFT Marketplace like Gods Unchained? As previously said, gaming NFTs have become increasingly important in recent years. Aside from that, there are a lot of gamers out there, and now is a great opportunity for them to save their gaming characters, qualities, rewards, and so on as NFTs. Gods Unchained is the most popular NF...
Read more

Launch Your NFT Marketplace Like SuperRare To Make Extraordinary Fortunes

-
Image
  Launch Your NFT Marketplace Like SuperRare , is the best way to create an exclusive art-based NFT marketplace to give artists a chance to make a fortune. As a result, the artists would be able to create remarkable identities that would garner widespread recognition. Launch Your NFT Marketplace Like SuperRare Steps to launch  It's now time to investigate the numerous methods for launching an NFT marketplace like SuperRare that will entice users. Despite the fact that you will have access to a ready-made solution, it is important to understand the step-by-step process involved in the development of non-fungible token platforms. Phase1: First and foremost, you will choose the blockchain network on which your platform will be built. This is the most important aspect of ensuring your platform's transparency and security. Phase2: Second, continue to integrate the cryptocurrency wallet. Likewise, crypto users can conduct cryptocurrency transactions for any NFTs using an effective c...
Read more

Exploring the Rise of Crypto ETF Development Services

-
In the ever-evolving landscape of cryptocurrencies, one concept has been gaining significant traction: Crypto Exchange-Traded Funds (ETFs). As digital assets continue to permeate mainstream finance, the demand for diversified investment opportunities in the crypto space has surged. In response, Crypto ETF Development Services have emerged as a vital bridge between traditional finance and the burgeoning world of digital currencies. At its core, a Crypto ETF functions similarly to traditional ETFs, offering investors exposure to a basket of cryptocurrencies rather than individual coins. This approach not only reduces risk by diversifying investments but also provides access to the broader crypto market without the complexities of direct asset management. For institutional investors and retail traders alike, Crypto ETFs represent a convenient and efficient way to participate in the crypto market's growth. One of the key advantages of Crypto ETF Development Services is their ability to...
Read more