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Web3's 'hi' joins The Sandbox for SAND payments; PEPE Memecoin rises 31% post-burn; NFL Rivals hits 3M quick sign-ups.
This Week's Low-Down:
💸 Web3 Banking App hi and The Sandbox Link for SAND Payments
🔥 PEPE Memecoin Surges by 31% Following $5.5M Token Burn
🏈 NFL Rivals Achieves Remarkable Growth with 3M Swift Sign-Ups
WAX Partners With Uncut For ‘The Barbarians’ NFT Collectibles (Bitcolumnist)
Dr. Bomkus’ Awaited Trails on The Sandbox Takes Off Today (NFT Plazas)
Game Review: Immutable’s Guild of Guardians Offers Mobile Dungeon Adventures (Cointelegraph)
Decentraland Presents the AI World Fair this October (Bitcolumnist)
Bitcoin Ordinals’ $5M Liquid Trading Fund Attracts Investors (NFT Plazas)
SEC Imposes a $2.5M Fine Against BlackRock (Bitcolumnist)
Blockchain Embraces Gold to Provide Stability and Growth for Crypto Assets (Cointelegraph)
Getty Images and Candy Digital Launch Paranormal Photography NFTs (nft now)
Crypto Products Mark Inflows for Fourth Consecutive Week (Bitcolumnist)
DappCraft to Summon a Halloween Bash on Decentraland (NFT Plazas)
Circle Debuts Gas and Smart Contract Tools to Bolster Web3 (Bitcolumnist)
Pioneering Creator Platform ‘Async Art’ Closes Operations (NFT Plazas)
Macy’s Steps Into the Metaverse With New Digital Fashion Platform (nft now)
Trending Collections on OpenSea:
Web3 Banking App hi and The Sandbox Link for SAND Payments
Web3 neo-banking app hi collaborates with The Sandbox to enable spending of SAND tokens in-store and online using the hi debit card.
We're thrilled to announce a new collaboration with @hi_com_official, the #Web3 neo-banking app! 🤝 This strategic partnership will allow @TheSandboxGame community members to use $SAND with the hi Debit Card in eligible markets in the EEA.
— The Sandbox (@TheSandboxGame)
Oct 25, 2023
Users can conduct transactions with SAND at various merchant locations and online via the hi Debit Mastercard, offering a new way to use SAND tokens.
The collaboration aims to maximize the potential of SAND tokens and introduce users to digital ownership through NFTs, starting with Avatars.
100 The Sandbox Avatars NFTs will be given to the first 100 hi Debit Cardholders who spend 1,000 Euros in SAND, along with up to 5% Spend Rewards for European cardholders.
The hi Crypto and Fiat Debit Mastercard offers unique NFT customization, access to millions of Mastercard merchant locations worldwide, ‘buy-now-convert-later technology’, and various rewards and travel options for members.
PEPE Memecoin Surges by 31% Following $5.5M Token Burn
PEPE Memecoin's price surged by 31% following the burning of 6.9 trillion tokens worth a total of $5.5 million.
an announcement to the $PEPE community:
Yesterday on August 24th, 2023, a series of unexpected transactions took place from the $PEPE multisig CEX
Wallet in which ~16 Trillion $PEPE tokens (worth roughly $15m USD) were transferred to various crypto exchanges (OKX, Binance,… twitter.com/i/web/status/1…
— Pepe (@pepecoineth)
Aug 26, 2023
PEPE's token burn was a response to the unauthorized transfer of $15 million worth of tokens to various crypto exchanges, causing a significant price drop.
Token burning (removing tokens from circulation) was used to decrease the token's supply and boost its value.
A developer revealed that the project had been plagued by inner strife, with some team members prioritizing ego and greed over the community's well-being.
Despite the burn, PEPE still holds 3.79 trillion tokens valued at approximately $3.72 million, with a 24-hour trading volume of about $397 million.
Since, the project is seeking new advisors and has moved its communications to Discord.
NFL Rivals Achieves Remarkable Growth with 3M Swift Sign-Ups
NFL Rivals, a groundbreaking blockchain-based game, approaches 3 million signups in just four months. But what steers its popularity compared to others?
NFL Rivals has been rapidly growing, with over 20,000 new players downloading it daily.
The game has generated millions of dollars in revenue since its August launch.
Approval from Apple and Google for the in-game NFT marketplace has boosted transaction volume by nearly 50%.
Factors contributing to its popularity include the start of the NFL season, brand partnerships, and the migration from Ethereum to Polkadot.
@PlayNFLRivals@playmythical 🗣️Mythical Games CEO John Linden on the move to Polkadot:
"The decision to leave the Ethereum ecosystem stems from a combination of issues surrounding slow transaction speeds, even with L2 roll-ups, that would ultimately hinder our scaling plans with our new games this year."
— Polkadot (@Polkadot)
Sep 11, 2023
What did you think of today's edition?
Today's edition was written by Leah Alger.