Discover the top news in crypto for the week!
Crypto is becoming a force for good, with over $50 million in crypto donations for Ukraine. Meanwhile, more governments are accepting crypto for local taxes, while banking institutions see a low probability of a ‘Crypto Winter.’ Find out the top 5 crypto news of this week.
Sygnum Bank tokenizes pieces of football world championship history signed by football superstars
Sygnum Bank is reinforcing its involvement in art, launching a tokenized portfolio of football world championship-themed sculptures with Victory Works. The collection of art pieces will feature the signatures of teams from three world football championships and highlight sports legends such as Zidane, Ronaldinho, Messi, and Mbappé. Sygnum Bank clients will have access to 6,000 Art Security Tokens (AST) issued by Victory Works in April 2022. Read more
Cointelegraph top 100
Discover the top 100 influencers, personalities, and even terms that shaped the crypto world in 2021. The recently released top 10 include the founders of leading crypto exchanges and NFT marketplaces like FTX, OpenSea, Decentraland, and The Sandbox. Non-human ‘influencers’ like ‘WAGMI’ and ‘inflation’ also make the top 10 trends in crypto. Read more
Three essentials for building the future of the Metaverse
Generation Z is already using peer-to-peer marketplaces to generate income from their content, while the transition to a creator economy in the Metaverse is the natural progression. What does the Metaverse need to succeed? Firstly, the economic model and tools in the ecosystem have to set the creator as the main beneficiary. Creating an engaged community is key for creators and businesses to have a meaningful ecosystem while incorporating various digital assets (e.g., NFTs, Meta tokens) will prove key. Read more
Colorado to become first US state to accept cryptocurrency tax payments
Colorado will become the first US state to accept digital assets for local taxes as an additional sign of governmental adoption. The program will start in the summer, with the received crypto being converted to US dollars and kept by the state’s treasury. Colorado’s governor states that this decision is the ‘next logical step on the path to digital statehood.’ Read more
Play to earn games: Pros and cons you must know before starting
The Metaverse is enabling the creation of a new blockchain gaming reality, with tokens as the central incentive system. With play to earn gaming, players can have in-game tokens and monetise their hobby to create an additional source of income while boosting crypto adoption and game development. However, the entrance point for players to have enough leverage in Metaverse gaming is high. Discover more pros and cons of play to earn gaming. Read more
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