Launchpool x Yesports Utility NFT
Welcome To The World’s Largest Web 3.0 Esports Engagement Platform
Since its inception, the Non-Fungible Tokens (NFTs) market has seen a steady increase, both in terms of adoption and value. For the first time in 2021, the NFT market recorded a staggering US $15 billion in total market value. This is estimated to grow to over $100B by the year 2030 as more and more gaming and metaverse projects start incorporating NFTs into their business model.
Yesports, the world's largest Web3 esports engagement platform built on the Polygon network is one such project pioneering the adoption and use of NFTs. Recently, we teamed up with Yesports to giveaway a total of 10 utility NFT tickets to our loyal Community. These utility NFTs are redeemable a fully customizable avatar, exclusive events, membership rewards, and access to the Yesports Team metaverse.
This giveaway event ran for 10 days and participants were asked to complete three simple tasks which granted entry into the competition. At the end of the competition period 10 winners were selected for the NFT prize. Keep following our official Twitter page for more exciting giveaways from Launchpool Team.
Community Spotlight Series
Are You Interested In Being Featured In The Next Episode Of Our Community Spotlight Series?
Hello LPOOLers, have you heard about the Launchpool Community Spotlight Series. The aim of this series is to showcase members of our Community and their experience with Launchpool. The range of questions help shed light on the diversity of our Community and gives community members an opportunity to share their personal experiences.
Our interviews focuses on the skills, tools and strategies you use along your journey with Launchpool. We would like to remind you that this opportunity is open to all of our community members and encourage you to reach out to us with your story - We want to hear from you!
Community Spotlight Series | Interview #001
Community Spotlight Series | Interview #002
🗞️ In other Crypto news….. 📰
Solana Wallets Hacked, Ethereum Advances, and Digital Collectibles Expands.
😟 Solana Wallets Hacked ☹️
The latest crypto hack appears to have targeted the Solana ecosystem. Users of popular internet-connected "hot" wallets including Phantom, Slope, and TrustWallet claim their money has been taken without their knowledge.
Blockchain auditors OtterSec claim that over 8,000 wallets have already been compromised. A number of Solana addresses have been connected to the attack (1, 2, 3, 4), with those wallets amassing SOL, SPL, and other Solana-based tokens valued at least $5 million from unwary users.
🙂 Ethereum Advances 😇
Have you heard about zkEVM? It’s a virtual machine that executes smart contracts in a way that is compatible with zero-knowledge-proof computation and a new scaling solution ( I’m lost too…lol) for Ethereum that will allow the smart contract protocol to outpace Visa in terms of transaction throughput. So said Polygon’s co-founder Mihailo Bjelic in a recent interview with Cointelegraph.
There has been much talk recently, on the development of Ethereum ahead of the “Merge”, which is expected to bring about the age of Proof-of-Work for the Ethereum eco-system. According to Sandeep Nailwal, Polygon's other co-founder, this solution will slice Ethereum fees by 90% and increase transaction throughput to 40–50 transactions per second.
😎 Digital Collectibles Expands 😎
Flow, the eco-friendly blockchain designed for Web3 apps (which doesn’t compromising UX), has announced a partnership with Instagram that enables users to link their HelloDapper wallet and show off their preferred NFTs directly on their profile. How cool is that!
Additionally, Mark Zuckerberg disclosed that Meta would expand the availability of digital collectibles to a further 100 countries. This now means more people, artists, and companies can now use Instagram to display their NFTs.
🤖 Join us on Discord 🤖
We’re transitioning! Help us grow on Discord and be among the first to learn more!!
👉 Join Our Discord Community!! 👈
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For more news about the projects we are launching on Launchpool, keep an eye on our Twitter, Telegram, Reddit, and of course, visit us at our Website and App.
For Launchpool Labs, keep in touch with developments and meet the first Cohort in our Discord channel.