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Hyundai Offers Holders Chance to Trade NFTs for Real Pickup Truck – Cryptoflies News

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October 10, 2024

Hyundai Offers Holders Chance to Trade NFTs for Real Pickup Truck – Cryptoflies News

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Hyundai has decided to revive a non-fungible token (NFT) initiative originally launched in 2021, combining it with real-world offerings.

At that time, the company introduced the Santa Cruz pickup and released ten Santa Cruz NFTs, which were given away through a sweepstake on X (formerly Twitter).

On September 30, Hyundai announced that Santa Cruz NFT holders could enter for a chance to exchange their NFT for a real 2025 Santa Cruz vehicle.

Hyundai highlighted this initiative in a video on Instagram and X, stating, “We’re making NFTs relevant again.”

The post was then updated on October 8 to say, “The Offer has been claimed. Thank you for your interest in the promotion.”

This move may serve to revive the company’s NFT efforts while also promoting its vehicles. Yet, it’s not Hyundai’s first venture into Web3.

In 2022, the company released the “Shooting Star” NFT collection, which consisted of 10,000 Ethereum-based NFTs. These were later transformed into “MobED (Mobile Eccentric Droid),” marking Hyundai’s entry into metaverse mobility experiences.

In 2022, Hyundai continued its NFT efforts by launching a new collection tied to the global premiere of the IONIQ 6. The company later unveiled an NFT membership club to provide special benefits and experiences to NFT holders.

Beyond NFTs, Hyundai has leveraged blockchain technology to address real-world challenges. Last year, Hyundai Motor Company and Kia Corporation introduced a Supplier CO2 Emission Monitoring System (SCEMS) based on Hedera blockchain technology.

Additionally, Hyundai’s Innovation Center in Singapore has incorporated robotics, artificial intelligence, and the metaverse to enhance electric vehicle production and improve customer interactions.

Asus Launches Web3 Game with Digital Collectibles and AI Content – Cryptoflies News

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October 9, 2024

Asus Launches Web3 Game with Digital Collectibles and AI Content – Cryptoflies News

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Asus Republic of Gamers (ROG) and Asus Metaverse have announced the launch of their new Web3 experience, “SL@SH206.”

The project offers a gamified cyberpunk-themed virtual world where players take on the role of an amnesiac robot — “ZEI-6” — in a society where “humanity has sought refuge in the virtual world.”

The experience is powered by artificial intelligence (AI), which helps generate new content and stories within the game. As players explore the virtual world, they can find virtual objects, trigger in-game events, and earn digital collectibles by completing various missions.

Future updates will also allow players to earn “Sparkle” points, which can be used to unlock identity rewards, including potential token airdrops.

The game is designed for a global audience, supporting both Chinese and English languages. Players can already join the game’s Discord community, where they can participate in mini-games to accumulate points and win rewards.

“SL@SH206” is part of Asus’ broader push into Web3. Asus first entered the space in 2022 with the launch of its first non-fungible token (NFT) platform, “Art Black Hole,” developed by Asus Metaverse. The platform was later rebranded as “Asus Metaverse Plaza.”

In 2022, alongside the NFT platform’s release, Asus partnered with Shudu, a digital supermodel created by The Diigitals Agency, for an advertising campaign promoting the Zenbook 17 Fold OLED.

In 2023, Asus Metaverse continued to build on its Web3 efforts by hosting an NFT contest that invited creators from around the world to submit their work, offering exclusive rewards to the winner.

Discover the Top 5 Solana Games You Can’t Afford to Miss!

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October 9, 2024

Discover the Top 5 Solana Games You Can’t Afford to Miss!

Solana has undoubtedly emerged as one of the top blockchains for gaming, offering fast transactions and low fees. The ecosystem now hosts a variety of games that include Web3 elements, such as play-to-earn mechanics, NFTs, and decentralized economies. Whether you enjoy strategy, RPGs, or action-packed adventures, Solana offers a diverse range of gaming experiences.

Benefits of Solana Games

The Solana blockchain’s high-speed processing allows for fast and smooth gameplay, with transaction fees as low as a fraction of a cent. This makes Solana games very affordable and accessible to players.

In addition to being cost-effective, Solana also supports decentralized marketplaces and the trading of cross-game items, opening up new opportunities for in-game economies. Furthermore, Solana games offer a unique Web3 experience by incorporating NFTs, which allow players to truly own, exchange, and interact with digital assets across various games.

Top Solana NFT Games

STEPN

The move-to-earn game STEPN pays players for being active. They get rewards for either walking, jogging, or running outdoors. For physical activity, players earn the game’s tokens, which are called GST. You can use those tokens in the game or trade them on the marketplace.

By combining fitness and blockchain technology, STEPN offers an enjoyable way to encourage and promote a healthy lifestyle while giving players an opportunity to earn a real-world reward for their efforts. This innovative gaming approach has attracted a growing community of fitness enthusiasts and gamers, making it one of the most popular projects in the Solana ecosystem.

Star Atlas

Set in an immense virtual galaxy, Star Atlas is a space-themed strategy game. Players have the opportunity to explore distant star systems, construct fleets, and participate in grand battles while extending their influence across the universe.

Beyond tactical play, Star Atlas uses blockchain technology to let players possess and trade digital valuables – ships, planets, and resources – in the game. With its immersive world, deep strategy, and economic features, Star Atlas offers a unique Web3 gaming experience, blending exploration and warfare with real-world value.

Aurory

Aurory is a Japanese role-playing game that follows a play-to-earn model. It is set in a vibrant world inspired by anime, allowing players to embark on adventures, battle monsters, and complete quests to earn in-game rewards. In Aurory, players can collect and trade unique items and characters as NFTs. This means that you truly own your digital assets, similar to real-world assets.

With its captivating art style, engaging storylines, and play-to-earn mechanics, Aurory blends traditional JRPG elements with Web3, delivering an immersive gaming experience that offers both entertainment and financial incentives.

Nyan Heroes

Nyan Heroes is a play-to-earn game where players collect Nyans (cats) and their powerful Guardian Robots to battle. The game is set in a futuristic world, allowing players to explore, engage in combat, and strategize as they upgrade their Nyans and Guardians.

Both Nyans and Guardian Robots are represented as NFTs, giving players true ownership of in-game assets. The game leverages blockchain technology to provide an immersive Web3 experience with fun and tactical gameplay. Players can earn rewards while playing and strive to dominate this cat-filled universe.

DeFi Land

DeFi Land is a multi-chain farming simulation game that aims to simplify decentralized finance (DeFi) applications and make them more user-friendly. The game turns the complex workings of decentralized finance into an enjoyable farming experience. Players can explore the world of DeFi by growing crops, trading resources, and managing their virtual land.

In the game, players can engage in activities such as staking, yield farming, and liquidity mining while learning about decentralized finance in an engaging manner. DeFi Land’s goal is to make DeFi more accessible to a wider audience by gamifying it and combining education, entertainment, and earning opportunities.

Getting Started with Solana Games

If you want to play games built on Solana, the first thing you need to do is create a digital wallet that works with the Solana blockchain. The process is simple, and once you’ve got it, you’ll be able to access an array of Solana gaming experiences that are available today, with the promise of many more to come.

By becoming part of the community, players can immerse themselves in different web3 gaming experiences that are lucrative and entertaining. Games on the Solana blockchain afford them chances to invest in the ecosystem while engaging with gaming that is both unique and rewarding.

Future Outlook for Solana Games

Solana’s gaming sector seems to have a promising future, with numerous exciting projects and titles in the pipeline. The gaming ecosystem appears poised for rapid and robust growth. Solana’s gaming environment is distinctive and rewarding, offering players the opportunity to combine entertainment with the potential to earn and invest in a burgeoning ecosystem.

With each new project launch, the Solana gaming ecosystem expands, driven by innovative blockchain technology and a supportive community. The future looks bright for Solana games, and the platform is well-positioned to spearhead the next wave of Web3 gaming evolution.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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Ubisoft to Launch ‘Captain Laserhawk’ NFT Collection on Magic Eden

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October 8, 2024

Ubisoft to Launch ‘Captain Laserhawk’ NFT Collection on Magic Eden

Ubisoft has announced a 10,000-piece NFT collection linked to its upcoming game Captain Laserhawk: The G.A.M.E.. The collection will be available on Magic Eden and minted on the Ethereum Layer-2 network Arbitrum.

Holders of the NFTs—called Niji Warrior IDs—will gain early access to the top-down multiplayer shooter featuring characters from Assassin’s Creed, Rayman, and Beyond Good & Evil.

The NFTs will evolve with player progress, offering perks and governance participation within the game.

Ubisoft Partners with Magic Eden to Drop Captain Laserhawk NFT Collection — Source: Magic Eden

What are the benefits to holding Niji Warrior ID?

The Niji Warrior ID NFT collection consists of 10,000 unique tokens that will allow players early access to Captain Laserhawk: The G.A.M.E..

Set in a dystopian world inspired by the Netflix series Captain Laserhawk: A Blood Dragon Remix, the game will feature familiar characters from Ubisoft’s franchises.

Holders of these NFTs will also gain additional in-game benefits as the NFTs evolve based on player progress. Beyond access, the Niji Warrior IDs will also serve as tools for governance within the game.

Ubisoft has not yet released full details on how these governance features will function, but the NFTs are expected to play a role in decision-making for game updates and changes.

Captain Laswerhawk: The G.A.M.E NFT Collection - Niji Warrior IDs — Source: Magic Eden

When is the NFT minting schedule?

The Niji Warrior ID mint is expected to occur in the coming weeks, with thousands of players already gaining early access through beta testing and community challenges.

The closed beta in August required participants to sign non-disclosure agreements, limiting public footage. However, early reports suggest that the game will feature fast-paced, multiplayer combat in a top-down shooter format.

The collection will be minted on Arbitrum, a Layer-2 scaling solution for Ethereum and the first to introduce Arbitrum support on Magic Eden, which has previously hosted projects on Solana, Bitcoin, Ethereum, and other networks.

Gate.io Review 2024: Features, Fees, and Customer Safety

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October 8, 2024

Gate.io Review 2024: Features, Fees, and Customer Safety

If you want the best crypto exchanges for trading and investing, Gate.io might be on your radar. Launched in 2013, this platform has become a prominent player in the crypto market, known for its extensive selection of over 2,500 altcoins. This Gate.io review dives into its trading features, fee structure, user experience, and security measures to help you determine if it’s the right fit for your needs.

Key Takeaways:

Gate.io is a cryptocurrency exchange that offers advanced trading features such as margin trading, 125x leverage trading, P2P trading, copy trading, and automated trading bots.Gate.io charges a base trading fee of 0.1% maker/taker for the spot market and 0.02% maker and 0.05% taker for futures contracts.The Gate.io app is available on both Android and iOS and supports trading in over 2,500 cryptocurrencies, making it a versatile tool for traders on the go.

Gate.io Review: At a Glance

Founded2013HeadquartersCayman IslandsSupported Cryptos2,500+Trading Fees0.1% maker/taker for spot trading, 0.02% maker and 0.05% taker for futures tradingWithdrawal FeesVaries by crypto (gas fees only)Security Features2FA, cold storage, PoR, multi-sig wallets, security audits, and moreMobile AppYes (iOS & Android)Customer Support24/7 live chat, emailKYC RequirementYesLeverageUp to 125x for perpetual futures contractsStaking OptionsFlexible and fixedAdvanced Trading FeaturesCopy trading, trading bots, API trading, P2P trading, and margin tradingInsurance Fund$100 million SAFUGlobal Availability100+ countries (not U.S.)Our Overall Rating4.3/5

What is Gate.io?

Gate.io website

Gate.io is one of the best crypto exchanges that launched in 2013. It offers you a platform to buy, sell, and trade digital assets, including Bitcoin, Ethereum, Solana, and many others. Over the years, Gate.io has grown significantly and now serves 17 million users globally.

In terms of market presence, Gate.io consistently ranks among the top 10 cryptocurrency exchanges by trading volume. It recorded a daily trading volume of over $4.95 billion, reflecting its strong liquidity and active user base. The platform operates under Gate Technology Inc. and is headquartered in the Cayman Islands.

Gate.io is also committed to transparency, offering Proof of Reserves (PoR) to reassure users that their assets are fully backed. In addition, it has launched its own token, GateToken (GT), which provides users with benefits such as reduced trading fees. The platform also has an insurance fund called Gate.io SAFU, which is worth over $100 million currently.

The Gate.io exchange supports over 2,500 cryptocurrencies, making it one of the exchanges with the widest selection of altcoins. It also provides advanced trading features, such as margin trading, futures contracts, and staking services. Hence, we can say that Gate.io’s trading platform is designed for both beginner and advanced users, with a user-friendly interface and robust tools for technical analysis.

Pros

Access to over 2,500 digital currencies, allowing diverse trading optionsIt supports unique products like startup token sales and quantitative trading strategiesMultiple staking options for passive income, including flexible and locked stakingAdvanced order types of high-volume tradersUser-friendly mobile app for Android and iOS devices

Cons

Does not allow fiat currency withdrawals, making it difficult to cash out directlyNot available in regions like the USA due to regulatory restrictionsMainly unregulated crypto trading compared to other exchanges like Binance and OKX

Gate.io Fees Review

Trading Fees

Gate.io has a tiered fee structure based on users’ 30-day trading volume and their VIP level. The base trading fee for spot trading is 0.1% for both makers (those who provide liquidity) and takers (those who remove liquidity). This rate can be reduced by holding GateToken (GT) or by participating in the platform’s VIP program.

VIP Level30-Day Trading Volume (USD)GT Rate (Maker / Taker)VIP Rate (Maker / Taker)VIP 00 USD0.09% / 0.09%0.1% / 0.1%VIP 160,000 USD0.089% / 0.089%0.099% / 0.099%VIP 2120,000 USD0.088% / 0.088%0.098% / 0.098%VIP 3240,000 USD0.087% / 0.087%0.097% / 0.097%VIP 4500,000 USD0.086% / 0.086%0.095% / 0.096%VIP 51,000,000 USD0.081% / 0.085%0.09% / 0.095%

For futures trading, the taker fee starts at 0.05%, while the maker fee begins at 0.02%. Like spot trading, these fees are also reduced for VIP users. Plus, Gate.io offers a point system where 1 point equals 1 USDT in trading fee reduction. Points can be used in various trading scenarios, which significantly lower trading costs.

Trading fees on Gate.io

Deposit and Withdrawal Fees

Gate.io does not charge any deposit fees for cryptocurrencies, making it easier to fund your account. However, withdrawal fees differ based on the cryptocurrency being withdrawn.

For example, withdrawing Bitcoin (BTC network) has a fee of 0.0001 BTC, while Ethereum (ERC-20) withdrawals are charged 0.002 ETH. These fees are regularly adjusted based on network conditions.

You can check out the full details of the Gate.io fee structure here.

Gate.io Key Features

Perpetual Futures Trading

Gate.io offers perpetual futures trading, a type of derivative contract that does not have an expiration date. This means you can hold a position indefinitely, unlike traditional futures contracts.

USDT-Margined Contracts: These contracts use USDT (Tether) as the base currency for both margins and profits. Traders who prefer stablecoins will find this type easier to manage since the margin and profit are calculated in a stable, fiat-like cryptocurrency. Examples include BTC/USDT or ETH/USDT contracts, which are great for users who want to avoid using crypto for margin or profits.Inverse Contracts: Here, cryptocurrencies are used as both the margin and the unit for calculating profits or losses. For instance, in a BTC/USD contract, BTC is required to open a position, and profits are also paid out in BTC. This is ideal for those who already hold crypto and want to trade without converting their assets into a stablecoin.

In addition, leverage plays a big role in perpetual futures on Gate.io. Traders can borrow more than they deposit, allowing them to take larger positions. Gate.io currently supports 125x leverage for BTC and ETH contracts and 100x for lower-cap stablecoins.

Also, since perpetual contracts have no expiry, Gate.io uses funding rates to keep the contract price in line with the real market. Traders pay or receive this funding fee every 8 hours, depending on whether they hold a long or short position.

Perpetual Futures Trading

Advanced Order Types

Here’s a breakdown of the advanced order types offered by Gate.io:

TP/SL (Take Profit/Stop Loss): With a Take Profit order, you can lock in your gains once the price hits your desired target. Meanwhile, a Stop Loss helps limit your losses by automatically selling if the price falls to a set level. This combination is perfect for traders who want to reduce risk without having to constantly watch the market.Iceberg Order: If you’re trading a large amount but don’t want to reveal the full size of your order, an Iceberg order breaks it down into smaller chunks. Only a small part of the order is visible to others at a time in the orderbook.Reduce-only: This order type is all about minimizing risk. When you place a reduce-only order, it will only lower the size of your existing position. It won’t let you accidentally increase your exposure. So, if you’re in a trade and want to gradually exit, you can use reduce-only to make sure you don’t end up holding more than you intend to.TWAP (Time-Weighted Average Price): TWAP is ideal when you want to spread out a large order over time, rather than executing it all at once. It helps you get an average price over a specific period, which can prevent your large order from causing sudden market swings.Trailing Reversal Order: A trailing reversal order is like having an automatic strategy for catching market reversals. It follows the price as it moves, and if the market swings the other way by a set percentage, the order triggers.

Earn and Staking

Gate.io offers two types of staking options. With flexible staking, you can deposit your crypto and earn rewards, but you have the freedom to withdraw your funds at any time. This is ideal if you want to keep your funds accessible.

On the other hand, fixed staking locks up your assets for a specific period (like 7, 14, or 30 days) in exchange for higher rewards. In flexible staking, you earn only 10-15% APY, whereas flexible staking offers over 100% APY.

Staking Coin List & APR

It also offers other crypto-earn products such as:

Dual Investment: It allows you to earn based on two different currencies, usually a crypto asset and a stablecoin (like BTC and USDT). Depending on the market’s movement, your payout will be in one of the two currencies.Quant Fund: The Quant Fund is an automated trading tool that uses algorithms to manage your investments. This feature allows you to invest in strategies that are automatically adjusted based on market conditions. Quant funds can be designed to trade based on technical indicators or other market factors.Crypto Loan: Gate.io’s crypto loan service allows users to borrow crypto by using their existing assets as collateral. If you own crypto but don’t want to sell it, you can take out a loan in stablecoins or other crypto assets, using your holdings to secure the loan. Once you repay the loan, you get your collateral back. This option is useful for those who need liquidity without wanting to sell their long-term investments.

Gate.io also offers an “Auto-Invest” feature. This is perfect for users who want to follow a dollar-cost averaging (DCA) strategy, where you invest small amounts over time instead of making large, one-time purchases. It’s a hands-off way to build your portfolio steadily.

Trading Bots

Here are the different types of crypto trading bots offered by the Gate.io exchange:

Spot and Futures Grid: These bots use a grid trading strategy. They place buy and sell orders at preset price intervals. The idea is to profit from market fluctuations by automatically buying low and selling high. The spot grid is suitable for long-only strategies, while the futures grid can be used in both rising and falling markets.Smart Rebalance: This helps you manage a portfolio by adjusting asset ratios when prices fluctuate. You set a target allocation (e.g., 40% BTC, 60% ETH), and the bot automatically buys or sells to restore this balance. It’s perfect for those aiming to increase their holdings of specific coins rather than focusing on short-term gains.Spot Martingale: This bot works well during downturns. It buys in increasing amounts as the price drops, which lowers the average purchase price. When the market rebounds, the bot sells all at once to make a profit. It’s useful for traders who believe prices will recover after a fall.Spot-Futures Arbitrage: This strategy aims to profit from the price difference between spot and futures markets. The bot buys in the spot market and sells in the futures market, or vice versa.

Note: You can also create your own trading bot or copy other bots based on your trading strategy.

3 types of crypto trading bots offered by Gate.io

Copy Trading

Gate.io offers a copy trading service that allows users, especially beginners, to follow the trading strategies of more experienced traders. This feature is simple to use and beneficial for those who want to trade without extensive market knowledge.

You can select a professional trader based on their past performance, such as their return on investment (ROI) or trading style. Once you choose a trader, the platform automatically replicates their trades in your account.

This method is time-efficient since you don’t need to actively monitor the market. You simply copy the trades of a successful trader. Gate.io’s copy trading platform tracks over $1.95 billion in value and highlights the top-performing traders on its leaderboard, making it easier to decide which trader to follow.

Copy Trading

Gate.io Security: Is it Safe & Legit?

Gate.io is considered a secure and legitimate cryptocurrency exchange. It uses advanced security features like multi-signature wallets, where asset transfers require multiple authorizations, which adds an extra layer of protection. It also uses cold storage for user fund storage.

For withdrawals, users must pass two levels of security checks (Google 2FA and SMS-based OTP), and any password changes lock withdrawals for 24 hours to prevent unauthorized access.

Gate.io also emphasizes transparency with its Proof of Reserves audit, ensuring users’ funds are fully backed and verifiable through third-party audits like those conducted by Armanino LLP. With these security measures in place, Gate.io has gained trust over its many years of operation since 2013.

Gate.io Supported Cryptocurrencies

Gate.io offers one of the largest selections of cryptocurrencies on any exchange. You can trade over 2,500 different digital assets, including popular coins like Bitcoin (BTC), Ethereum (ETH), and altcoins such as Dogecoin (DOGE) and Shiba Inu (SHIB). It also lists newly launched tokens and supports various niche and DeFi projects.

Is Gate.io App User-Friendly?

Gate.io’s mobile app is designed to be user-friendly. It features a clean trading interface with easy navigation, allowing you to trade and manage your assets effortlessly.

The app supports a variety of functions, including live crypto market data, trading, staking, and more. Reviews highlight the app’s reliability and quick customer service, making it a convenient tool for managing cryptocurrency portfolios on the go. With support for iOS and Android devices, it ensures a smooth experience for traders worldwide.

Gate.io’s mobile app

Customer Service and User Satisfaction

Gate.io offers responsive customer service through various channels like live chat, email, and social media. Its support is available 24/7, and the platform is praised for its quick responses and helpful assistance.

Many users report high satisfaction with the overall customer service experience, finding it reliable when facing issues related to trading, withdrawals, or technical glitches. Additionally, Gate.io frequently runs interactive activities and offers guides to help you make the most of its features, which enhances the overall user experience.

Gate.io vs Other Cryptocurrency Exchanges

MEXC and Binance are two of the most popular alternatives to the Gate.io crypto exchange. Here is the quick Gate.io vs MEXC and Gate.io vs Binance comparison:

FeaturesGate.ioMEXCBinanceLaunched Date201320182017Best forSpot and Futures TradingNo-KYC altcoin tradingHigh volume and liquiditySolvent (PoR)✓✓✓Maximum Leverage125X200x125xWeb3 Ecosystem✓✗✓Margin Trading✓✗✓Options Trading✗✗✓Supported Cryptos2500+2800+400+Trading Charges0.% maker/taker0% maker and 0.1% taker0.1% maker/takerUS Availability✗✗Separate platform Binance US availableNative TokenGTMXBNB

Final Verdict

In conclusion, the Gate.io review highlights a reputable and versatile global cryptocurrency exchange. With its extensive range of features, low trading fees, and robust security measures, it stands out as a strong option for both new and experienced traders.

Whether you are interested in trading Bitcoin, Ethereum, or lesser-known altcoins, Gate.io provides a comprehensive platform to meet your needs. However, it is restricted in certain countries such as the U.S., Canada, and the UK.

FAQs: Gate.io Exchange Review

Is Gate.io trustworthy?

Yes, Gate.io is considered a trustworthy cryptocurrency exchange by many in the crypto community. It has been operating since 2013 and consistently ranks among the top exchanges based on trust scores from reputable sources like CoinGecko.

The platform emphasizes security, employing measures such as two-factor authentication and cold storage for most of its assets. Gate.io has also published its PoR data, which showcases its asset backing, reinforcing user confidence. However, it is not regulated by any major financial agency.

Does Gate.io require KYC?

Yes, Gate.io mandates users to complete a Know Your Customer (KYC) process to enhance security and comply with regulatory standards. The KYC procedure typically involves submitting identification documents, such as a government-issued ID, and verifying your identity.

Accounts that complete the KYC1 verification can withdraw a maximum of $2 million USDT per day, while those that successfully complete the KYC2 verification have an increased withdrawal limit of $5 million.

Is Gate.io available in the U.S.?

No, Gate.io is not available to users in the United States due to regulatory restrictions. However, you can still use its Web3 services in the U.S. For the U.S. traders, you can check out Coinbase or Kraken.

Which countries can use Gate.io?

Gate.io is available in 100+ countries, making it accessible to users worldwide. This exchange primarily targets regions with fewer regulatory restrictions. It is currently restricted to the United States of America, Mainland China, Canada, France, the UK, and more.

Can you transfer money from Gate.io to a bank account?

No, you cannot transfer money directly from Gate.io to a bank account. The platform does not support direct crypto-to-bank withdrawals. Instead, you are allowed to withdraw cryptocurrencies to an external wallet.

Once the crypto is in your wallet, you can convert it into fiat currency using third-party services like MoonPay or Banxa. These services enable you to sell your cryptocurrency for fiat currencies, which can then be deposited into your bank account.

Melania Trump to Enhance Foster Care Support Through NFTs if Back in White House – Cryptoflies News

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October 8, 2024

Melania Trump to Enhance Foster Care Support Through NFTs if Back in White House – Cryptoflies News

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Former first lady Melania Trump has disclosed plans to expand her involvement in non-fungible token (NFT) and Web3 initiatives if she and her husband return to the White House. Her focus would be on using these to further support women, foster children, and their overall well-being.

In an interview with Fox News on October 7, Melania Trump discussed her current efforts in the digital space. She explained, “After I left the White House in 2021, I established my two platforms – Web2 and Web3 blockchain platforms — where I create art and collectibles […] With that, I established the ‘Fostering the Future’ initiative.”

The initiative provides financial support for children from the foster care system, particularly aiding in their education. She added, “If we are back in the White House, I will expand that.”

Melania Trump’s journey into NFTs began in December 2021 when she released her first NFT, which featured a watercolor painting titled “Melania’s Vision.” The painting, which depicted her cobalt blue eyes, was sold to raise funds for children aging out of foster care.

Since then, she has continued to launch other Web3 projects. Among these are the “Head of State” NFT collection, commemorating the Trump administration’s first official state visit, and the “Potus Trump” collection, highlighting key moments from her husband’s presidency.

In addition to these political-themed releases, Melania Trump has explored more casual NFT drops tied to holidays and special occasions. These include a Christmas-themed series and a customizable physical necklace paired with an NFT for Mother’s Day.

Donald Trump has also been involved in the NFT market. He entered the scene in 2022 with a collection of trading cards depicting himself in different settings. The success of this release led to the launch of three more trading card series.

According to an August financial disclosure, Donald Trump’s earnings from NFT licensing fees surpassed $7 million, and his holdings in Ethereum (ETH) are valued between $1 million and $5 million.

Telegram to Enable NFT Conversion for “Gifts” by Year-End – Cryptoflies News

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October 7, 2024

Telegram to Enable NFT Conversion for “Gifts” by Year-End – Cryptoflies News

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Telegram CEO Pavel Durov has hinted at a new non-fungible token (NFT) feature for its recently introduced “Gifts” platform, allowing users to convert digital gift images into NFTs.

These “Gifts” are artworks or animated images that users can send along with personalized messages for holidays or special occasions.

Recipients can display the images as profile pictures or convert them into in-app currency called “Stars,” which can be used to purchase digital items like e-books, online courses, or items in Telegram games via bots.

In a message shared on October 5, Durov revealed that by the end of this year, Telegram users will be able to convert these gift images into NFTs on the TON blockchain.

Telegram CEO Pavel Durov’s message on the NFT conversion feature for Gifts.

Once converted, users will have the option to auction or trade the tokenized images outside of the Telegram platform. This would open new avenues for how users interact with the gifts they receive, moving beyond the app’s ecosystem.

Plans to tokenize Telegram stickers and emojis using NFTs on the TON network were pre-announced in April at the Token2049 event in Dubai, where Durov described the move as the “next step” for the platform.

Nonetheless, this isn’t Telegram’s first exploration of NFT-related features.

Telegram has also previously ventured into the NFT space in 2022, when Durov hinted at the creation of a marketplace that would use “NFT-like smart contracts” to auction popular usernames. The idea led to the launch of Fragment, where users can trade Telegram usernames, such as “@storm” or “@royal,” using Toncoins as the currency.

Ubisoft and Magic Eden Launch NFT Collection for ‘Captain Laserhawk: The G.A.M.E.’ – Cryptoflies News

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October 7, 2024

Ubisoft and Magic Eden Launch NFT Collection for ‘Captain Laserhawk: The G.A.M.E.’ – Cryptoflies News

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Ubisoft has partnered with Magic Eden, a non-fungible token (NFT) marketplace, to release a new NFT collection for its game “Captain Laserhawk: The G.A.M.E.,” developed in collaboration with Arbitrum and Sequence.

The NFT collection will feature 10,000 limited-edition items called “Niji Warrior ID Cards.” These NFTs will serve as key access to the game and give holders the ability to influence future developments.

The collection also offers rewards that players can unlock, and the value of the NFTs may increase over time depending on the user’s in-game activity and skill.

The minting process for these NFTs will take place in the coming weeks, though specific details still need to be revealed.

“Captain Laserhawk: The G.A.M.E.” is a competitive top-down multiplayer shooter set in a dystopian world called “Eden.” The game draws inspiration from the Netflix series “Captain Laserhawk: A Blood Dragon Remix.”

Ubisoft announced the game’s launch in August, continuing its ongoing push into the Web3 space.

Ubisoft’s exploration into NFTs and blockchain gaming began in early 2022 with the launch of Ubisoft Quartz, a platform where players could obtain Digits — the first playable NFTs in an AAA game. However, Ubisoft Quartz was eventually shut down, but the company remained committed to Web3 ventures through other releases and collaborations.

In November, Ubisoft launched free Ethereum-based PFP NFTs for its game Champions Tactics, which sold out in under 10 minutes. That same month, Ubisoft also partnered with Animoca Brands to support Web3 initiatives for Mocaverse, integrating its upcoming game Champions Tactics Grimoria Chronicles.

Earlier this year, Ubisoft also teamed up with Double jump.tokyo to continue incorporating Web3 technology into its gaming projects.

How to Earn Rocky Rabbit Rewards After the Airdrop

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October 7, 2024

How to Earn Rocky Rabbit Rewards After the Airdrop

The popular Telegram game, Rocky Rabbit, recently gained attention on The Open Network (TON) with the airdrop of its RabBitcoin (RBTC) tokens. Now that the airdrop is over, RBTC holders are showing interest in continuing to earn the coin. Luckily, the developers of Rocky Rabbit have introduced new reward mechanisms for players after the airdrop. Let’s explore what these mechanisms are and how they operate.

New Trading Game – IQ Rabbit

The latest addition to the game is IQ Rabbit, which has replaced the previous method of earning coins and fitness upgrades through tapping. IQ Rabbit introduces a guess-based trading game where players predict whether the price of Bitcoin will increase or decrease in the next period. If the prediction is correct, players earn rewards.

Players can use not only RabBitcoin (RBTC) but also a selection of other tokens, such as TON, Notcoin (NOT), and Hamster Kombat (HMSTR). By leveraging these tokens, players have the opportunity to increase their cryptocurrency holdings by making accurate predictions about the direction of the market.

Battle Mode

If you were a fan of the original Rocky Rabbit, you’ll be pleased to know that the classic “Battle” mode has made a comeback. This roulette-style betting game is simple yet incredibly enticing. Players wager a chosen amount of in-game coins, and the roulette wheel spins to randomly select a winner. If it lands on your entry, you win a multiple of your wager; if not, you lose what you’ve bet.

The classic “Battle” mode from the original Rocky Rabbit game is back for fans. It’s a Russian roulette game where players bet a certain amount of in-game currency. They hope the wheel will land on them randomly, which means they win a prize worth more than their bet. If the wheel doesn’t land on them, they lose their wager.

Task List for RBTC Rewards

Rocky Rabbit has introduced a new task list feature that allows players to earn small amounts of RBTC. The tasks are simple but effective in keeping the RBTC ecosystem active and engaging. They include:

1. Following the game’s official Telegram channel.

2. Visiting the coin’s page on CoinGecko and CoinMarketCap.

3. Engaging with other elements of the game’s ecosystem.

Completing these tasks not only keeps you up to date with the latest news, but also adds to your RBTC balance. The more you engage, the more you earn.

Referral Program Benefits

One of the most potent methods for increasing your RBTC rewards is the referral program. When you get new players to the game, you earn referral bonuses, which can add up to a significant sum over time.

To maximize your impact, share your referral link on social media platforms and community channels. The more players you invite, the more rewards you will earn. Don’t miss out on this opportunity; leverage your social reach to unlock even more crypto earnings.

Final Thoughts

Rocky Rabbit presents several different paths to continue accumulating RBTC rewards after the airdrop. The new IQ Rabbit game joins the Battle mode, as a way to interact with the Rocky Rabbit ecosystem while earning crypto. Both tasks and the referral program help to grow your RBTC rewards.

Why miss out on these lucrative opportunities? Join Rocky Rabbit’s dynamic Telegram mini-app and start maximizing your RBTC rewards today.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Featured image: Kucoin

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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