The crypto market shows signs of recovery. Bitcoin revisits the 56k region, while Ethereum trades around 4000 dollars. And the Fear & Greed Index points to Fear.
Here is your Top Crypto News for the day.
1) Efinity Crowdloan is Live
Efinity has announced native crowdloan support through its polkadot.js wallet. Now the community can take part in voting. And do so in a decentralized way. Efinity has also increased the rewards pool. Supporters can claim from a pool of 200 million $EFI, which is 10% of the Total Supply. Additionally, the top 250 $DOT contributors can win a limited edition NFT.
Contributions via Polkadot.js are now live for the #Efinity crowdloan!
In the spirit of community, we've also updated our rewards structure: 10% of $EFI supply (200M) is allocated to supporters, capped at 50M $DOT.
Vote for the decentralized #Metaverse: https://t.co/ynuzOxTlmU pic.twitter.com/CNPuT4VhjT
— Enjin (@enjin) November 19, 2021
About Efinity
Efinity is trying to solve some of the problems in the NFT space. It provides a user-friendly platform for the mainstream NFT experience.
Further, it helps developers to build NFTs on smart contracts. And Efinity is offering an interoperable platform with negligible gas fees.
2) Crypto.com is Scaling Ethereum
The Ethereum Network is not slowing down. Although it suffers from higher gas fees than other blockchains. And some of the exchanges are shifting their focus to scaling solutions. Popular exchange crypto.com is leading the way.
Crypto.com is supporting Matter Labs to build zkSync. zkSync is the first EVM-Compatible ZK rollup.
About zkSync Protocol
zkSync is a Layer-2 scaling solution for Ethereum. Also, it maintains all the security features of Ethereum.
zkSync is live on Ethereum mainnet and has been since 2020.
zkSync is partnering with @cryptocom to scale Ethereum!https://t.co/xr2rynpLCc
— zkSync ∎ (@zksync) November 19, 2021
Crypto.com has also announced an exclusive giveaway.
Loaded Lions
It is the first collection of 10,000 NFTs on the Crypto.org Chain. You can join the giveaway here.
🔥 Loaded Lions Giveaway 🔥
💰 Join the launch on 23 Nov for the chance to win a share of the USD 100,000 prize pool!
We will be announcing the full details of the drop and giveaway next week.#LoadedLions website is live! Check out the roadmap here 👉 https://t.co/3O54zQVjtx pic.twitter.com/C5mRNLMZKS
— Crypto.com NFT (@cryptocomnft) November 19, 2021
3) Step Hero Announces GunFire Hero
Step hero is fast becoming a play to earn multiverse. And the popular NFT game has announced the launch of GunFire Hero. Which will become the first game in Step Hero’s multiverse.
Step Hero has a dual token economy. $STEP and $HERO tokens are available on Pancakeswap. $HERO has a total supply of 100 million and is trading around 68 cents. $STEP is the in-game currency and is trading near 7cents.
The 1st game in #StepHero #PlayToEarn #Multiverse will be
🔥🔥🔥🔥🔥 🔥 🔥 🔥 🔥 GUNFIRE HERO
🔥🔥🔥🔥🔥🔥🔥🔥🔥
🔥🔥 🔥
🔥🔥🔥🔥
🔥🔥
🔥🔥#GameFi #P2Egame #play2earn #NFTs #NFTgaming #NFTgames pic.twitter.com/u4vB7Tpbhm— Step Hero (@StepHeroNFTs) November 18, 2021
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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Crypto.com. Copyright Altcoin Buzz Pte Ltd.
