DeFi Daily | Coinbase NFT platform waiting list is congested and can not successfully register

DeFi data

1. The total market value of DeFi: US$136.622 billion



DeFi total market value data source: Coingecko

2. Transaction volume on decentralized exchanges in the past 24 hours: US$4.14 billion



Source of transaction volume data on decentralized exchanges in the past 24 hours: Debank

3. Total borrowings of DeFi lending platform: 28.36 billion U.S. dollars



Data source of total borrowings on DeFi lending platform: Debank

4.1 Assets locked in DeFi: $97.88 billion



The top ten rankings of locked assets in DeFi projects and the amount of locked positions, data source: Debank

4.2DeFi locked assets on the Ethereum chain: $70.53 billion



The top ten rankings of DeFi locked assets on the Ethereum chain and the amount of locked positions, data source: Debank

4.3 DeFi locked assets on the BSC chain: US$14.75 billion



The top ten rankings of DeFi locked assets on the BSC chain and the amount of locked positions, data source: Debank

4.4DeFi locked assets on the Polygon chain: $3.27 billion



The top ten rankings of DeFi locked assets on the Polygon chain and the amount of locked positions, data source: Debank

4.5 DeFi locked assets on the Avalanche chain: US$4.08 billion



The top ten ranking of DeFi locked assets on the Avalanche chain and the amount of locked positions, data source: Debank

DeFi hotspot

1. Chainalysis: North America’s monthly crypto trading volume increased by 1000%, with DeFi dominating

On October 14th, blockchain analysis company Chainalysis released a report stating that from July 2020 to June 2021, the monthly cryptocurrency trading volume in North America has increased by more than 1,000%, and the monthly trading volume reached in May 2021. Peak of 164 billion US dollars. The growth of the North American crypto market transaction volume is mainly driven by the popularity of DeFi. From July 2020 to June 2021, DeFi transactions accounted for 37% of North America’s total transaction volume, and users sent approximately $276 billion to DeFi platforms. Cryptocurrency. DeFi transactions in North America are dominated by retail investors. Many transactions are less than US$10,000. Uniswap is the most popular DeFi platform in North America. Between July 2020 and June 2021, user transactions exceeded US$100 billion.

2. The founder of Top Hat established Gadze Finance, a DeFi crypto fund, and is in the process of $1.6 million in equity financing

On October 14th, Mike Silagadze, the founder and former CEO of Top Hat, turned his attention from digital education to crypto investment and established a new asset management company. Silagadze, along with former Top Hat employee and Checkout 51 founder Andrew McGrath, created Gadze Finance in the past few months. In early October, the company launched a DeFi crypto fund with an initial management scale of US$25 million. Gadze hopes to expand to US$100 million in the next six months and introduce some new investors, including individual and institutional investors. BlueCat co-founders Richard Hyatt and Michael Hyatt participated in the investment in Gadze as part of Gadze’s $1.6 million equity financing expected to close later this month. Gadze will use this financing to help its fund launch. This round of equity financing was led by Boris Wertz, founder of the venture capital firm Version One Ventures. Version One’s fund and Purpose Investments also participated in the investment.

3. VR and DeFi market Highstreet completes a strategic round of financing

News on October 14th, VR and DeFi market Highstreet completed a strategic round of financing, Binance Labs and Animoca Brands led the investment. It is reported that as part of the investment, Highstreet is building Binance Beach in its meta universe market. By integrating functions built on BSC, Highstreet will show a new way of presenting DeFi applications in the meta-universe scene, and any brand or platform can extend its services to its users. Animoca Brands will expand its influence in the meta universe by bringing many of its brands into the world of Highstreet.

4. The decentralized insurance project INS3 completes the cross-chain upgrade of the token ITFX

According to official sources, the decentralized insurance project INS3 has completed the cross-chain upgrade of the token IFTX and released a new UI at the same time. The new version was officially launched at 17:00. Users can convert ITF to ITFX 1:1, and ITFX can perform cross-chain conversion on the five chains of Conflux , BSC, Heco, OEC, and Polygon. INS3 is a decentralized insurance project with no review, no manual intervention, and automatic compensation, providing customers with safe, credible, efficient and convenient decentralized insurance services.

NFT hotspot

1. Fandom Sports and Polygon have reached a technical cooperation, allowing fans to create NFTs in real time

On October 14th, Fandom Sports Media Corp. announced the establishment of a technical partnership with the cryptocurrency platform Polygon, aimed at supporting the efficient and scalable NFT in Fandom Sports’ FANDOMART NFT market. FANDOMART will be launched in the first quarter of 2022 as a module in the company’s fan participation and betting ecosystem (UIA platform). Players on the Fandom UIA platform will be able to watch their favorite streaming content, make predictions and place bets, and create NFTs in real time. Players can capture multiple moments from their favorite activities to create an NFT, and continue to watch streaming or broadcast content while enjoying new fan engagement. FANDOMART will be a branch of the Fandom UIA platform, on which users can mint, buy and sell their own NFTs. The service is designed to support multiple minting protocols and interoperability with other exchanges.

2. American film and television giant Fox launches “The MaskVerse” series of NFT works The MaskVerse

On October 14th, the American film and television entertainment giant Fox launched its first set of The MaskVerse NFT linked to its celebrity singing contest “Mask Verse King” on October 13. In addition, the company also plans to launch markets and communities for buying, selling or trading the NFT. It is reported that the company will release “mask packs” throughout the season, each priced at $20, which contains 3 NFTs. Users who collect the entire set of NFTs will receive digital prizes, and in some cases, real-world rewards or experiences. In addition, the community will also be able to vote on the characters they think will be eliminated, and those who guess the correct one are eligible to buy a special “golden” mask pack. In addition, users can also get the NFT of the show’s mascot “Miss Masky” for free.

3. The total transaction volume of MekaVerse, the NFT avatar project, exceeded 100 million U.S. dollars

Golden Finance reports that according to the latest data from DappRader, the total transaction volume of the NFT avatar project MekaVerse has exceeded 100 million U.S. dollars, setting a record high. At the time of writing this article was 11785 million U.S. dollars. The 24-hour transaction volume has exceeded 27 million U.S. dollars, and the total sales volume is 13,475 transactions, and the number of traders was 8241. Mekaverse is a mecha series of digital artworks created by two famous NFT artists, with a total of 8888 issued. The author claims to be inspired by the Japanese Gundam series and adds many oriental elements to it. The project has four sub-series, namely Originals , Mirage, Gādians, F-Nine.

4. Crockpot, a saucepan brand, launched NFT to celebrate its 50th anniversary

Golden Finance reported that Sunbeam Products, Inc., a saucepan manufacturer, announced today that to commemorate the 50th anniversary of the Crockpot brand, the company has created the first NFT. NFT is currently on auction, starting at 0.03 Ethernet Square (about $ 100). NFT itself is a GIF, showing the evolution of the product and brand from its establishment in 1971 to the new concept design series just launched last month. It shows the design of the Crockpot brand over the years, one every ten years, starting from the initial slow cooker and then evolving into newer models.

5. The waiting list of Coinbase NFT platform is congested and it is unable to register successfully.

Golden Finance reported that the waiting list registration of Coinbase NFT platform is currently congested, and users can no longer successfully register. According to the latest information, Coinbase NFT shows that the platform is currently experiencing quite high traffic, so it is impossible to register on the waiting list, and users can try again later. According to previous reports, the number of waiting lists for the Coinbase NFT platform is close to 1.1 million.

Posted by:CoinYuppie,Reprinted with attribution to:
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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