Top Crypto News: 7/29

After making a daily high of $40,840, Bitcoin is now trading at $40,016. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $2,393.

Let’s find out some interesting crypto news stories for the day.

1 – Dvision Network | Enjin Collaboration to Mint NFTs Across Different Blockchains

Dvision Network has collaborated with Enjin to utilize its platform and API to mint non-fungible tokens (NFTs). With this coalition, users can create and mint NFTs for avatars and other in-game items utilizing the character creator tool and mint them across different blockchains of the Division World metaverse. Moreover, these blockchains include Ethereum, BSC, JumpNet, Efinity, and Polkadot.

Enjin is a social gaming platform with a focus on creating NFTs based on the ERC-1155 standard. Recently Enjin launched Efinity, which is a Substrate-based (Polkadot) blockchain. Hence, Dvision will also integrate Efinity, which will help them to get good exposure through the Polkadot community. Additionally, Dvision would utilize Enjin’s JumpNet to enable the creation of carbon-negative NFTs.

2 – PAID’s Apollo-X Platform Launches 25% APY for All Participants

PAID Network has declared an offer of 25% APY to all the participants of its IDO platform. As per the tweet, this lucrative APY offer is for users who participate and stake their tokens on the Apollo-X platform.

Apollo-X is an IDO platform that expands the service portfolio of Master Venture’s ecosystem. Apollo-X creates opportunities for users to participate in exciting future decentralized projects. PAID Network strives to simplify the business contract, litigation, and settlement processes through its DeFi-powered SMART Agreements.

3 – Terra Virtua | DAFI Protocol Partnership to Mitigate Inflation With New Staking Model

DAFI Protocol has partnered with Terra Virtua to integrate dTokens within their ecosystem. With this coalition, Terra Virtua will utilize DAFI Protocol’s synthetic dTokens to incentivize users. Further, these network-pegged dTVK tokens will operate to maintain the supply/demand of the Terra Virtua platform.

In addition, these dTVK tokens can be burnt for $TVK tokens upon user request. This would help Terra Virtua to utilize DAFI’s reward network for decreasing inflation to maintain the token’s value.

Terra Virtua’s platform offers a curated marketplace for NFT creators with VR and AR entertainment experiences.

4 – ZooKeeper Announces Decrease in Chest Price to Empower Users

ZooKeeper has announced a decrease for ZooRena’s chest price. As per the tweet, this chest price change will be a 3% decrease/hour starting August 1. Besides this, the team is also offering a 50% discount at the start on all wagers.

ZooKeeper is a gamified yield farming dApp that provides a dual farming experience with profit potential and gaming fun. Further, to enhance the user’s experience, ZooRena, an interactive battle game, was started with exciting features. Hence, this decrease in chest price will give an opportunity to all users to earn an NFT at a much lower price. Notably, ZooRena will officially launch on August 8, 2021.

5 – Terra Virtua Launches Liquidity Mining Amidst Prestige Points

In the last bit of crypto news for today, we have Terra Virtua announcing the launch of its new liquidity mining program. As per the tweet, this rewards program will incentivize users who add liquidity to the Uniswap TVK/ETH trading pair. In addition, to boost its platform, Terra Virtua has launched Prestige, which will offer privileged access to users.

Users will be able to earn Prestige Points while locking in TVK which are deposited directly into members’ wallets. This will allow users to claim exclusive NFTs across all the brands on Terra Virtua’s new members-only marketplace. Notably, to join this exclusive membership, users need the minimum TVK in their wallet. These are available in four tiers, such as Platinum (125,000 TVK locked), Gold (25,000 TVK locked), Silver (10,000 TVK locked), and Bronze (5,000 TVK locked).

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