DeFi Daily | Ninth City Announces the Launch of NFT Platform NFTSTAR

DeFi data

1. The total market value of DeFi US$ 123.668 billion

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DeFi total market value data source: Coingecko

2. Transaction volume on decentralized exchanges in the past 24 hours: 3.52 billion USD

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

3. Total borrowings from DeFi lending platform: US$ 28.63 billion

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Data source of total borrowings on DeFi lending platform: Debank

4. Assets locked in DeFi US$ 82.76 billion

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

DeFi hotspot

1. YFI founder AC: Fantom will send FTM tokens to users who have used 6 cross-chain bridges including Polygon

On August 30, YFI founder Andre Cronje tweeted that the smart contract platform Fantom will send FTM tokens to users who have used Anyswap Bridge, Polygon Bridge, Avalanche Bridge, Xdai Bridge, Ren Protocol Bridge and Connext Bridge, which can be used for payment cost. A snapshot will be taken later this week.

2. SushiSwap Weekly Report: The transaction volume in the past year exceeded 102.69 billion US dollars

According to SushiSwap’s latest weekly report (8.23-8.29), in the past year, the transaction volume on Sushi exceeded 102.69 billion U.S. dollars and the number of users exceeded 1 million. Avalanche (Avalanche) recently announced that Sushi has joined its liquidity mining reward program, Avalanche Rush. Avalanche and Sushi will provide tokens worth 7.5 million U.S. dollars each (total 15 million U.S. dollars) as mining rewards. Participating users can mine SUSHI + AVAX at the same time . The hot spring mine on the avalanche is expected to start in September. Now Sushi has deployed the redemption function on Avalanche. For the anniversary of Sushi, the global community drawing together on the POAP canvas is a historic event. The canvas was opened at 4 a.m. on the 28th, Beijing time. The original painting was expected to last for 48 hours; but after the canvas was full, to prevent robot attacks, the canvas was closed in advance. Currently, the operations team is planning compensation measures.

3.Chainlink released CCIP, a cross-chain interoperability protocol

On August 30, Chainlink released the Cross-Chain Interoperability Protocol (CCIP), which aims to achieve decentralized cross-chain messaging and token transfer. It is reported that CCIP is a new open source standard for cross-chain communication. The purpose is to establish a universal connection between hundreds of public and private chain networks, so that the originally isolated token can circulate among all the chain ecosystems and achieve cross-chain application. CCIP provides smart contract developers with a common infrastructure with computing capabilities, which can transmit data and smart contract instructions across various blockchain networks, and will become the underlying protocol for various cross-chain services, including Chainlink’s programmable token Bridge, users can safely and efficiently transfer tokens to any blockchain network, and it has scalability.

4. Celo launched the “DeFi for the People” project

Celo officially launched the “DeFi for the People” alliance collaboration project, the project will provide more than 100 million US dollars for publicity, funding and incentive measures, including Aave, Curve, Sushi, PoolTogether, 0x, UMA, Valora, Ubeswap, Moola Founding partners including Market, as well as educational promotion and infrastructure partners including Chainlink, RabbitHole, The Graph, and Wrapped.com. The Celo Foundation and partner foundations will each provide half of the funds for the incentive project, aiming to realize the use of DeFi on the mobile side. Currently, PoolTogether, Sushi, Moola Market, Ubeswap and Valora have launched Celo. PoolTogether will provide rewards on the Celo platform. Incentive pools for other DeFi projects will be launched in the next few months. In addition, Celo will launch Optics, a cross-chain communication interoperability mechanism, in the third quarter to realize asset transactions between Ethereum and Celo.

5.CryptoGladiator (Gladiator) game is online OKExChain

According to official sources, the GameFi game project CryptoGladiator (Gladiator) officially launched OKExChain today. Due to the rapid increase of more than 30,000 new users in a short period of time, the game server was overloaded. The CryptoGladiator team decided to temporarily add 200 sets of servers. There will be a short hot update later. Players who cannot log in, please try again. Crypto Gladiator is an RPG development game in which players can build a team of their own, occupy the land, and compete with others. Its play to earn mode makes it possible to continue to produce rewards for completing mission levels and occupying land, which can be used for trading.

NFT

1. The Ninth City announced that it will launch the NFT platform NFTSTAR

On August 30, the Internet company Ninth City announced that it has officially entered the NFT business field. NFTSTAR Singapore Pte. Ltd., its wholly-owned subsidiary in Singapore, launched the NFT trading and community platform NFTSTAR, which is expected to be officially launched in the fourth quarter of this year Operation, reward activities for user pre-registration are now open. Ninetowns also announced that the former DapperLabs vice president of operations Gagan Palrecha has been invited to join NFTSTAR as the chief operating officer. NFTSTAR is an NFT community platform that provides users with purchases, transactions, and interactive activities. The platform will use NFT collectibles developed and minted by IP authorized by global stars as the main transaction content. The NFTSTAR community will cover stars in various fields, including but not limited to sports, entertainment, art, industry celebrities, etc.

2. Data: The number of Axie Infinity traders exceeded 500,000

Golden Finance reports that according to the latest data, the number of traders in the “Play-to-Earn” blockchain game Axie Infinity has exceeded 500,000, which is 500,473 at the time of writing. In addition, the total transaction volume of Axie Infinity Reached 1.72 billion U.S. dollars, with sales approaching 4 million (currently 3,872,167). At present, Axie Infinity ranks first in the NFT collectibles transaction volume ranking, and the second-place CryptoPunks has a transaction volume of approximately US$1.17 billion, the number of traders is 4,779, and the sales volume is 18,006.

3. The total transaction volume of OpenSea in the NFT market broke through US$4 billion, setting a record high

According to news on August 30, according to the latest data, the total transaction volume of OpenSea in the NFT market has broken through US$4 billion (US$1.5 billion in transactions in the past 7 days), setting a record high. At the time of writing, it was US$4.004 billion, ranking NFT. Ranked first in market transaction volume, the number of traders is 319,045. Ranked in second place is Axie Infinity, with a current transaction volume of US$1.715 billion; in third place is CryptoPunks, with a transaction volume of US$1.166 billion. It is worth mentioning that OpenSea generated a transaction volume of US$2.3 billion in August, which means that OpenSea’s transaction volume in this month alone accounted for 60% of the total historical transaction volume, and it also set a single-month transaction so far. The highest record in history. In addition, OpenSea’s single-day transaction volume exceeded US$322 million on August 29, a record high.

4. Only 37 employees of OpenSea are responsible for handling 98% of the total NFT transaction volume and will increase recruitment

OpenSea product leader Nate Chastain tweeted that OpenSea currently handles 98% of the total NFT transaction volume, but the team has only 37 people, and it needs to increase the recruitment of OpenSea. OpenSea will provide referral bonuses, “pay 1 ETH to anyone who connects an engineer or designer with OpenSea.” Currently, the company’s vacant positions include business development director, full-time engineer, and financial manager. 

5. Larry Cermak: In addition to BAYC Ape Curry, he also bought Kennel Club’s dog NFT

On August 30th, according to Larry Cermak, director of research at The Block, NBA star Stephen Curry used 55 ETH (approximately US$180,000) to buy BAYC apes and 5.7 ETH (approximately US$18,000). Another NFT: Bored Ape Kennel Club, the NFT is a dog tied to a basketball hoop.

6.NFT STARS announces the launch of blockchain games

Golden Financial Report. NFT Market NFT STARS announced the launch of the blockchain game: NFT Hero City, which is a brand-new product on the NFT market, adding the blockchain philosophy, all packaged into the form of 7,500 NFT heroes. NFT Heroes is a collection of 7,500 unique NFT avatars created by NFTSTARS and more than 200 modern artists from the international modern artist group NFT256. The series contains 6,000 original NFT heroes, 1,000 rare heroes and 500 legendary NFT heroes. Only the original heroes are available for purchase, each with 0.055 ETH. Rare and legendary heroes are created by using upgrade cards of Galaxy Modificator, which is an upgrade mechanism supported by Chainlink’s Verifiable Random Function (VRF).

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/defi-daily-ninth-city-announces-the-launch-of-nft-platform-nftstar/
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