February 2024 Searches fo Web3: Searches Return to Bitcoin, but Growth May Be Around the Corner
Play2Moon
by Editorial
1w ago
The BTC and SOL rally increased interest in trading, with a small rise in Web3 searches. NFT are becoming more niche, with automated trading, or used as in-game incentives. Solana remains one of the top trading networks for Web3 features. Searches for Web3 are yet to hit a trending pace in 2024. The Web3 space is thriving, but not yet back to its peak search interest from 2022.  This year, the focus is back on general crypto trading. Searches are leading for Coinbase and Bitcoin, signaling a new round of expansion for buyers and wallet owners. If history is a lesson, this interest in co ..read more
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Web3 in 2024: How the Bitcoin ETF Launch Will Affect DeFi, Gaming, Trading and More
Play2Moon
by Editorial
1M ago
US SEC approved 11 ETF products based on Bitcoin, for both crypto insider companies and mainstream finance funds. The news of a launch boosted BTC above $46,000. Web3 space continues its innovation independently, but could have positive gains from increased awareness of blockchain technology. One of the most awaited news in cryptocurrency space was the launch of an ETF, a mainstream investment tool to bet on Bitcoin’s price action. So far, only limited opportunities existed, in the form of BTC or Ethereum-based funds on NASDAQ Nordic.  Finally, a US-targeted Bitcoin ETF was approved lat ..read more
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Bull Market, NFT Airdrops and Growing Value: Solana Predictions for 2024
Play2Moon
by Editorial
2M ago
Solana expects hype and a potential bull market in the new year. NFT airdrops will be one of the drivers of mass adoption. The SAGA phone is still awaiting shipments, but will be one of the stories for 2024. Solana may be making a return as one of the important hubs for Web3 features. The network hosts NFT, games, DeFi and more, and is one of the easiest cheap ways to distribute Web3 assets. However, using Solana still has pitfalls, caused by malicious actors.  SOL and its ecosystem was also the latest asset to be added to the Trezor hardware wallet. This move will tap both new owners a ..read more
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Web3 App Vulnerabilities: Ledger Users Need Update to Avoid Malicious Code Exploit
Play2Moon
by Editorial
2M ago
Major decentralized exchanges, NFT markets and games may be compromised. Ledger users are advised to avoid their hardware wallets until the situation clears. A compromised library and JS injection means any app can try to steal crypto tokens, coins, or NFT. Updated December 14: Ledger users need a small update to avoid asset-draining apps. The issue has been resolved just hours after reporting, and so far there are no news of missing assets. Users must be updated to the latest version of Ledger software and clear their cache for previous code that may generate unwanted transactions. The le ..read more
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Will Games, Tokens and NFT Recover: Top 5 Trends to Expect from Web3 in 2024
Play2Moon
by Editorial
2M ago
After a partial recovery of crypto prices, Web3 is looking for new directions and viable models. Web3 is also trying to become more sustainable, while also benefitting from interest returning to BTC and other tokens.  2023 is wrapping up with a slow, gradual recovery from the bear market. Web3 is now facing the challenge of living up to the expectations for 2024. New products will meet renewed hype in what was predicted to be a year of recovery for the entire market.  Games Remain Resilient The past year cleared the last vestiges of pure P2E, and showed the need for sustainable earni ..read more
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Illuvium Plans New PvP Beta Release for November 28
Play2Moon
by Editorial
3M ago
Illuvium receives mainstream platform with Epic Game store listing expected soon. The Illuvium closed beta will expand with a PvP feature.  Illuvium remains one of the more advanced 3D games with NFT and a token. Illuvium is adding another step to its growth, while also onboarding more players to its closed beta. From November 28, Illuvium will release PvP Beta 3.0, adding a competitive element to its metaverse game. Illuvium has continued in closed beta, adding new players, and the November 23 launch will be another step in the direction of mass adoption. https://twitter.com/illuviumio ..read more
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Nakamoto Games to Integrate with TON in November, New Tournament Opens
Play2Moon
by Editorial
4M ago
Nakamoto Games may become accessible through TON wallet and Telegram. Telegram turned into a key communication hub for Web3 and NFT communities. Nakamoto Games opens mini-tournament with $500 prize pool. Nakamoto Games, one of the liveliest hubs for Web3 mini-games, is integrating with TON, the Telegram native token. TON is gaining importance in the Web3 ecosystem, as Telegram remains one of the top modes of communication for crypto, NFT and Web3 projects.  In November, the NAKA token will be introduced to all TON users, potentially reaching 800M Telegram clients.  https://twitter ..read more
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Sunflower Land to Drop Buds NFT Collection
Play2Moon
by Editorial
5M ago
Buds were distributed in the game, and will have a public OpenSea mint on Tuesday. The new NFT will have a lifetime in-game utility. Sunflower Land keeps adding new items and perks for regular players. This Tuesday, Sunflower Land is dropping a new NFT collection with in-game utility. The Buds announcement arrived on Monday, 24 hours before the launch. The new NFT sale is scheduled for September 26, 08:00 PST. In 24 Hours, the Bud NFTs will be exclusively dropping on @opensea Set your alarms & prepare your coffee, you don't want to miss out! Good luck Bumpkins! pic.twitter.com/BxXJl ..read more
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Top 5 Indicators of Crypto Activity to Signal the Return of a Bull Market
Play2Moon
by Editorial
5M ago
Web3 space is now experiencing its first “crypto winter”. While building new products never stopped, a favorable crypto market climate is key to a new wave of interest in Web3.  Play2Moon compiled indicators to watch while waiting for the next bull market. As BTC recovered above $27,000, more signs may be added for an eventual 2024 return to a bull market, or at least more active blockchain usage.  1.Increased Decentralized Application (dApp) Adoption The growth of dApps, which run on blockchain networks and offer various services, is a critical metric for Web3 adoption. A surge in t ..read more
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OpBNB: Airdrop Live, Bringing L2 to BNB Chain
Play2Moon
by Editorial
6M ago
OpBNB activated a token airdrop for eligible wallets. The new L2 network already hosts the Burger Cities Web3 game. OpBNB extends the potential of BNB Chain with the potential for no-fee transactions. OpBNB is another attempt to speed up and revive the potential for Web3 features. The new network will work as Layer 2, handling BNB Chain transactions with greater speed and negligible cost. This approach, taken by ImmutableX and Polygon, was one of the keys to scaling Ethereum. BNB Chain remains one of the venues for Web3 games and NFT collections.  OpBNB finished its testnet stage, while ..read more
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