The cryptocurrency metaverse is growing rapidly and as a result, has garnered the attention of some of the biggest investors in the industry. One of these investors is Grayscale, the company has recently released a report analyzing the metaverse market growth in the coming years. And it looks promising.
It’s been a pop-and-drop show for the broader cryptocurrency market after the Fed commentary on Wednesday, December 15. However, one area that needs to be closely watched is the tremendously rising supply of Tether’s USDT stablecoin.
On Thursday, the German multinational corporation Adidas announced the launch of the company’s first Adidas Originals NFT collection. The Adidas Originals NFT drop is in partnership with the Bored Ape Yacht Club (BAYC), the cryptocurrency investor Gmoney, and the comic series Punks Comics.
Jade Protocol, a Binance Smart Chain fork of OlympusDAO is changing the narrative of crypto forks with its gamified approach to creating increased utility. The blockchain protocol is the first decentralized venture capital fund that new projects can access in the crypto world.
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised $70 million, which brings its valuation to $540 million.
Around the world, douchebags are getting into NFTs in a big way.
Trading platform Robinhood is launching a cryptocurrency gifts program, allowing users to gift several cryptocurrencies, including bitcoin, dogecoin, ether, bitcoin cash, and litecoin. As with crypto trading, gifts are commission free and users can gift as little as $1 in cryptocurrency.
With the number of blockchains available on the market, there is a wide variety of platforms to choose from when it comes to launching dApps. The most popular platforms include Ethereum, Binance Smart Chain, and Solana.