The Nightly Mint: Daily NFT Recap

The Nightly Mint: Daily NFT Recap
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In today’s Mint, we’re taking a quick look at some of the latest television show IP to hit the ‘minting block,’ Meta (formerly Facebook) and their new outrageous announcement that has Crypto Twitter up in arms, a new survey from an entertainment agency research desk that perhaps can help us keep everything in perspective.

Time to get fresh with your daily dose of The Nightly Mint – let’s review.

The Nightly Mint

Latest Mint: ‘Walking Dead’

Television channel AMC secured a deal with NFT marketplace Orange Comet earlier in the year, and the two are gearing up to mint their next NFT collection tomorrow with IP from the hit series, “The Walking Dead”. The drop hits the Orange Comet marketplace Thursday 14 April at 7PM UTC.

Related Reading | Only In Crypto: A Pastry Denounces Coinbase’s Listing Process

Crypto Twitter is not enthused by Meta's latest announcement around their anticipated NFT fees. Let's just say that aren't quite in the same realm as OpenSea, LooksRare and the like. | Source: NYSE: FB on TradingView.com

I Love You, But Do I Know You!?

According to a report today from Fast Company, new survey data from entertainment agency UTA shows that “6% of respondents currently own an NFT but 38% want to own one in the future,” and that “69% of people don’t know how to purchase NFTs or what to do once they own one.” The survey was a small sample size, just 1,500 respondents, but still provides a high-level insight around where we’re at in the big picture. One would venture to guess that we’re still a bit early.

The ‘Minty Fresh’ Take

Far from being minty fresh is Meta’s take on NFT fees. The company announced that it’s VR platform Horizon Worlds would be taking a 47.5% cut on NFT sales. Crypto Twitter chaos ensued.

Related Reading | Ethereum At $3,028, Where Is The Next Critical Support Level For ETH?

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.



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Multichain introduces V4 of anyCall to improve its cross-chain service network » CryptoNinjas

Multichain introduces V4 of anyCall to improve its cross-chain service network » CryptoNinjas
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Multichain, a cross-chain router platform, today launched V4 of anyCall, an interoperability protocol that enables cross-chain messages and call contracts from chain A to chain B in one transaction.

anyCall can transmit arbitrary data, like smart contracts, NFTs, messages, tokens, data, etc.

The anyCall contract comprises the following contracts and functions:

1. anyCall function – Residing on the source chain, the anyCall function calls the anyCall contract and stores the instructions to be executed on the destination chain.

2. Multichain MPC nodes – The anyCall contract resides in a common MPC address on all blockchains. The contract detects the invocation of the anyCall function and performs security and validity checks before relaying the message to the destination chain.

3. anyExec function – Resides on the destination chain. The anyExec function receives the instructions sent from the source chain through the anyCall contract and executes them in the destination chain.

Other features include:

Universal cross-chain communication

With the anyCall function, a contract on the destination chain can be called directly from the source chain. The generalization of the anyCall function enables it to share information like commands, states, data, or even messages across chains, making it optimal for cross-chain communication.

Secured by the MPC network

Whenever the anyCall contract is called in the source chain, MPC nodes verify the transfer of information across any chain via the anyCall contract. MPC is regarded as one of the most decentralized and secure systems to relay information across blockchains.

Easy to deploy

anyCall can easily be implemented on any blockchain, as it is just a contract. Its implementation does not require a hard fork. The methods are well described in Multichain’s documentation and the Multichain team provides friendly and reachable support for coders implementing them.

Backed up by the multi-chain ecosystem

The MPC network in the multichain ecosystem is efficiently decentralized and secure, now connecting with more than 40 blockchains, with more on the way.

Cross-chain use cases for anyCall

anyCall aims to change how developers think about and build dApps, unlocking potential in cross-chain DEX, cross-chain lending protocols, cross-chain DAO voting, cross-chain arbitrage bots, cross-chain oracles, data sharing, and cross-chain NFT migration.

To find more information about anyCall see the official documents page.

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Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services – Featured Bitcoin News

Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services – Featured Bitcoin News
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Mastercard has filed 15 trademark applications covering a wide range of services relating to the metaverse and non-fungible tokens (NFTs). “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders,” Mastercard said.

Mastercard’s NFT, Metaverse Trademark Applications

Payments giant Mastercard filed 15 trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and services relating to non-fungible tokens and the metaverse.

A USPTO-licensed trademark attorney, Mike Kondoudis, noted that the trademark applications are for Mastercard, Priceless, and Mastercard’s circles logo. Priceless is a Mastercard campaign that provides cardholders with everyday discounts.

Mastercard Files 15 Trademark Applications Covering Metaverse, NFT Services

The trademark applications indicate Mastercard’s plans for a wide range of NFT projects, such as NFT-authenticated downloadable music files and marketplaces for digital goods and NFT-backed media.

They also cover many activities in the metaverse including e-commerce software to allow users to perform electric business transactions, payment processing services, credit card processing, and providing financial information.

The serial numbers of the 15 trademark applications are 97346112, 97346101, 97346097, 97346083, 97346070, 97346064, 97346060, 97346043, 97346041, 97346029, 97346023, 97346019, 97346012, 97346003, and 97346993.

A Mastercard spokesperson told the Insider: “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders.” The spokesperson added:

This filing is simply part of that effort, ensuring that the trademark protection for our brand carries through to any potential use in the metaverse uninterrupted.

A growing number of large corporations have made a similar move, including Meta (formerly Facebook), Mcdonald’s, Burger King, Panera Bread, and Panda Express.

Last month, Citi predicted that the metaverse could be a $13 trillion opportunity with five billion users by the year 2030. Global investment bank Goldman Sachs believes that the metaverse is an $8 trillion opportunity. Recently, megabanks JPMorgan and HSBC established a presence in the metaverse.

What do you think about Mastercard’s 15 trademark applications for NFT and metaverse products and services? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.



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Ethereum At $3028, Where Is The Next Critical Support Level For ETH?

Ethereum At $3028, Where Is The Next Critical Support Level For ETH?
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Ethereum was priced at $3030 and the altcoin king noted a sharp decline of 11% in the past week. Major cryptocurrencies are all on a downtrend, after breaking past their immediate support levels.

Bitcoin was priced below $40k and had declined by 12% over the past week. The global cryptocurrency market cap stood at $1.96 Trillion after a decline of 0.2% over the last 24 hours.

Ethereum had witnessed a selling spree in the last week but over the last 24 hours, the coin tried to recover from the grasp of sellers, however, buying pressure is yet to resurface in the market. Recently, Ethereum developers went live with their Mainnet Shadow Fork.

Ethereum Price Analysis: Four Hour Chart

Ethereum is priced at $3028. Image Source: ETH/USD on TradingView

Ethereum was priced at $3028.86 and the coin has been hovering around the aforementioned price level over the past 48 hours. Immediate resistance for the coin stood at $3085.60 after the coin has been rejected from that level a couple of times in the past few days.

Continued rejection from the resistance mark can push Ethereum to trade near the $2839.12 support level.

A fall to that level would mean a 6.44% decline. In case the bulls resurface, the coin would aim for the resistance mark at $3391.95 and then at $3609.61. Trading volume was in red which signalled that buyers were less in number at the time of writing.

Related Reading | The Ronin Hack Aftermatch: Axie Infinity’s $1M Bug Bounty

Technical Analysis

Ethereum
Ethereum displayed declining buying strength. Image Source: ETH/USD on TradingView

Ethereum was hovering in the oversold territory over the last 72 hours, at the time of writing the coin struggled to witness considerable buying pressure. On the Relative Strength Index, the coin was seen below the 50-mark because Ethereum was oversold and undervalued at press time. Over the last week, RSI has mostly remained below the half-line.

On the 20-SMA, ETH was seen placed below the 20-SMA line and this corresponded with the reading on the RSI. ETH’s price momentum was driven by sellers according to the aforementioned indicator.

Ethereum
Ethereum displayed bearish momentum on its four-hour chart. Image Source: ETH/USD on TradingView

Ever since ETH was on a selling spree which is roughly a week back, the coin started to display bearish price action as it flashed a bearish momentum. At the press time, ETH continued to display bearish price action and the coin had witnessed the bulls taking over for a very brief period of time which referred to a few hours.

MACD at the moment was still negative as the indicator was seen below the zero-mark. This signals the strength of the bears. It is quite early to say if, over the upcoming trading sessions, ETH would pick up price momentum.

MACD has displayed a bullish crossover, with tiny green histograms resurfacing, however, continued price movement in the same direction will cause the indicator to remain below the half-line.

Related Reading | CeFi Platform Celsius Restricts Yield Rewards To Only Accredited Investors In U.S.

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GAMBL.io – new blockchain gaming ecosystem prepares for launch

GAMBL.io – new blockchain gaming ecosystem prepares for launch
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GAMBL.io is a new blockchain gaming platform that utilizes decentralized technologies to create fresh opportunities in the gaming industry. The ecosystem features a sportsbook, betting exchange, casino, lottery, poker, outlets for operators, and more.

Increasing use of the system creates a deflationary economy due to the destruction of gaming profits. Operating as a provably fair, safe, and secure gaming platform, the open-source gaming network will initially reward users with the native GAMBL token.

GAMBL allows for guaranteed payouts, gives users complete control over their funds, and makes all betting data publicly available.

In its efforts to raise funds prior to bringing the platform to market, GAMBL is conducting pre-order sales for its native token sometime in Q2 2022.

More details on the platform and GAMBL tokenomics can be found here.

The post GAMBL.io – new blockchain gaming ecosystem prepares for launch appeared first on CryptoNinjas.

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L2 aggregator platform Coinweb receives crypto exchange license in Lithuania

L2 aggregator platform Coinweb receives crypto exchange license in Lithuania
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Coinweb, a layer-2 cross-computation platform, today announced that it has received its digital asset exchange license in Lithuania, allowing the company to operate not only within the country but with all other European countries, barring conflicting regulations. Coinweb’s regulatory approval will allow the platform to act as a virtual currency operator for both deposit and exchange.

The Lithuanian license will help deliver liquidity to Coinweb’s projects by enabling the platform to enter relationships with traditional financial institutions. Additionally, the acquired license will facilitate Coinweb’s wallet operation with fully-integrated fiat rails, allowing Coinweb’s incubated customers to issue and sell tokens to their customer bases under Coinweb’s regulatory umbrella.

Coinweb is actively working towards acquiring new licenses to meet the regulations of various worldwide jurisdictions. As one of the earliest members of the European Blockchain Partnership (EBP), Lithuania participated in the declaration to support the delivery of cross-border digital public services while adhering to established standards for security and privacy.

“Interoperability platforms such as ours are designed to be nimble, and we apply the same values structurally so that Coinweb and its partners can react quickly to change and innovation. With this license from Lithuania and more in our future from various jurisdictions, Coinweb will be able to deliver greater liquidity and enable projects to provide on- and off-ramp services for fiat, which is key to the growth of the space.”
– Toby Gilbert, Coinweb CEO

Alongside the acquisition of the license, Coinweb is working to strengthen its operations and build new projects on the platform that will be launched later this year. New innovations include a function to ensure regulatory compliance for projects that require cross-chain token issuance.

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