The number one social messaging app in Japan, Line, officially launched its own NFT marketplace on April 13th called LINE NFT, adding NFT capabilities to a growing list of crypto-ready features. Despite the strict crypto regulations in the country, NFTs are becoming more popular in Japan.
LVC Corporation, the operator of LINE’s blockchain partnered with Yoshimoto Kogyo, a major Japanese entertainment conglomerate, and will offer 40,000 different NFTs to 90 million users in Japan. Users can store their purchased NFTs in their LINE BitMax wallet, an offered product in collaboration with crypto-exchange BitMax.
Included in the first wave of the soon-to be released NFTs are videos from the company’s in-house Yoshimoto NFT Theatre, showcasing exclusive videos of comedians. The classic anime series Patlabor the Mobile Police will also be turned into a diorama art NFT to celebrate to the animation’s 30th year anniversary.
In addition, NFT videos from popular characters such as Gyuunyuu and Betakkuma will also be available on the platform. There is more coming, from April 20th original NFTs by manga artist Yashiroazuki will be added to LINE NFT as well as a variety of genres in the next few months.
Happy Thursday NFT fam! We hope you have all had a great week so far. It’s time to celebrate the weekend in NFT style. So, without further ado, below are this weekend’s metaverse NFT events highlights in Decentraland and Cryptovoxels.
The 1st NFT Movie Festival is a one-day event with a rich schedule of speakers and networking. The event will also be live-streamed on Decentraland for any attendees who are unable to reach Cannes, combining high-level offline networking and an all-around metaverse experience.
*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.
Ivelina is the Content Maestro of NFT Plazas. She has a knack for putting complex concepts into simple words.
Across almost any context in life, there is always value in having something created by an actual recipient of the product being made. NFT marketplaces are no different, which is why a skilled consortium of digital asset enthusiasts have come together to build Golom, a one-stop solution for NFT trading where users can benefit from the lowest trading fees and an array of analytical tools.
With a permission-less and decentralized protocol at its core, Golom offers an experience which allows anyone in its ecosystem to set up their own exchange. In addition, and with aid from its native token $GOLOM, the platform rewards all those who trade on the platform. Its integration of all ERC721 and ERC1155–based collections allows for rewards irrespective of your NFT-related preferences and quirks.
Fees
With regards to its platform fees, Golom charges a 0.5% trading fee on all trades made via its contracts, with 100% of these fees going to stakers. The Golom contracts were each written from the ground up, minimizing gas fees and allowing users to enjoy ~40% less gas fees than other marketplaces.
Golom also gives users the power to decide how much royalty they wish to pay, with amounts ranging from 0% to 10%.
Decentralized OrderBook
To distinguish itself from other marketplaces which hide orderbooks, Golom’s orderbook is made publicly available on Polygon, allowing anybody to fill and submit orders without using any frontend.
Analytical Tools
Another distinguishing feature of Golom is the fact that it’s the first exchange to be a full stack platform with a ton of NFT analytical tools at its disposal. With collection facets such as traits, rarity, transactions, volumes, top holders, minters, portfolio analysis, and much more all available for integration, Golom users are given the purest sense of alpha insight when navigating the platform.
Rewards
A dynamic which fully embodies Golom’s community-rewarding mission is no other than its actual reward system. To ensure full transparency in the way $GOLOM will be distributed, the project has outlined that none of the tokens will be allocated to the initial team, VCs, or any promoters (nor will there be any sale of tokens). Instead, 70% will be allocated to users who trade or stake, 15% will be airdropped (to users who fulfil certain requirements), 5% will be given to initial traders during the genesis period, and 10% will go to the project’s treasury.
The Genesis period is set to begin from 25th of May 2022 until 25th of June 2022.
Staking
With Golom’s 100% revenue-sharing policy, stakers are always ensured that they will be rewarded with 100% of the revenue, and also retain the same percent ownership of the protocol as inflationary rewards prevent stakers from being diluted by emissions.
*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.
DeFi Land, one of the top three games on the Solana blockchain, is adding plan-and-earn elements to its ecosystem. The game currently has over 7,500 daily and 25,000 monthly active users having a blast farming, fishing, shooting, driving harvesters, and taking care of pets.
Play-and-Earn Gaming Mechanics
With the introduction of the new gaming mechanics, players will earn the native $DFL token as a reward, along with a new in-game currency dubbed $GOLDY. Players can use these currencies to upgrade their in-game NFTs or customize, craft, repair, and socially interact with others.
The NFT collection was received with open arms by the community as it sold out in 16 seconds on launch day, raising a total of $1.75 million. The NFTs have also recently seen a massive 2.5x increase in floor price on the OpenSea and Magic Eden marketplaces.
In order to use the new play-and-earn features, players must own one DeFi Land Gen-0 NFT. The good news it that players don’t need starting funds to access DeFi Land, all thanks to the game’s free-to-play approach. Using the free mode, players can collect XP and go up the leaderboard to participate for monthly prizes, including DFL, GOLDY, and in-game NFTs.
Major Success and Future Integrations
This new breed of play-and-earn launched on May 18th, and is now available to all users. The game has already received incredible support and interest without offering monetary rewards, so this move will certainly enhance its appeal even more in the blockchain gaming ecosystem. DeFi Land is already the third biggest game in terms of market cap and still holds the title of the first-ever gamification project built on Solana.
Along with the launch of play-and-earn mechanics, DeFi Land also recently collaborated with STEPN, and plans to explore a multichain future over the coming months, with more announcements regarding chain integrations to follow in June. An alpha mobile version of the game is in development and is expected to be released in Q3 2022.
About DeFi Land
DeFi Land is a multi-chain agriculture simulation web game created to gamify decentralized finance. The game will have all the features that traditional platforms have, but it will be gathered all in one place. DeFi Land gamifies decentralized finance by turning investment activities into games.
*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.
Ivelina is the Content Maestro of NFT Plazas. She has a knack for putting complex concepts into simple words.
