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Hey Waivly Crew! 🌊 The NFT community has been asking for a OpenSea replacement for a while, and yesterday they might of got their wish after NFT marketplace LooksRare went live. Binance.US is building space in Portals, a metaverse platform built on the Solana blockchain.
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NFT marketplace LooksRare goes live
Yesterday a new NFT marketplace called LooksRare went live with the goal of taking OpenSea’s spot as the reigning NFT platform.
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LooksRare claims to be a community-focused platform as it intends to develop new tools based on what its users want.
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The platform is built around its newly launched LOOKS token. 100% of trading fees are earned by LOOKS token stakers, so the more people trade on the marketplace, the more WETH earned. The token went live yesterday at 8:15 GMT on the decentralized exchange Uniswap and quickly saw a peak of $4.71 before dropping to its current price of $2.92 as of this morning.
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LooksRare hopes to attract major OpenSea users by allowing them to claim LOOKS tokens for free. Anyone who has traded more than 3 ETH on OpenSea between June 16 and December 16, 2021, can claim their share of tokens.
Binance is entering the metaverse
Crypto exchange Binance.US is building a space in Portals, a metaverse platform built on the Solana blockchain.
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Portals is an NFT collection that offers 5000 access key cards that allow owners to access a ready-made and customizable space in the virtual world.
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A Binance spokesperson has revealed the exchange’s metaverse plans. “We are creating a space in the metaverse for the Binance.US community to come together. It’s the first of many steps we’re taking to be forward-looking as we build and reach our community in new environments.”
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Binance won't be alone as Solana projects Raydium, Magic Eden, Audius, and Bonfida will have a presence in the Portals metaverse. FTX.US will also reportedly build a virtual office in portals.
The Waves
👓 2022 is the year VR and AR takes off
🧟 MoonPay dominated the top NFT sales last week
🏀 Two more NBA athletes are taking their salaries in Bitcoin
👀 5 NFT collections to watch this week
Creator Special
InquisitorZephyr is a Canadian Twitch streamer who plays every videogame genre that you can think of: retro, horror, role-player games, and many more.
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Christopher Easterling is a streamer on Twitch and YouTube, who you can find playing a range of games, including Fortnite, WarZone, and Grand Theft Auto V.
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Maisie, also known as heyitsmaisiehere, is a full-time student in the UK that streams a variety of games in her free time, such as Red Dead Redemption 2, Rocket League, Apex Legends, and more
The Associated Press to launch an NFT marketplace
The news outlet, Associated Press or AP has recently announced they will be launching their own marketplace to sell NFTs of its photojournalists’ work.
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AP, in a press release, explained that entering the world of NFTs with its own marketplace will give a way for collectors to “purchase the news agency’s award-winning contemporary and historic photojournalism.” The news outlet has stated that their NFTs will be released at “broad and inclusive price points” and that their marketplace systems will be built on an environmentally friendly blockchain called Polygon.
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The photojournalism NFTs that AP will be selling will consist of a set of original metadata that tells the buyer when, where, and how the photos were taken. The first collection that AP will be launching on January 31st will feature photos of space, climate, war, as well as images that highlight the work of specific AP photographers.
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AP is not the only news outlet that has shown interest in the world of NFTs, but other outlets such as The New York Times and Quartz have sold copies of articles as NFTs. With AP’s new marketplace, they are not trying to sell NFTs that tie into the metaverse, but the project seems to be aimed entirely towards collectors who want to buy, sell, and trade official AP digital collectibles. Individuals who are interested in purchasing an NFT through the marketplace can do so by using their credit cards or Ethereum.
Pushing The Wave With Ledger
If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.
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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.
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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.
Share The Wave
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