Ethereum rise reddit

The juxtaposition of the data indicates that the current bear market is an entirely different beast from the ones that have gone before. Source: Alchemy Other aspects of blockchain development, such as web3 gaming, were also covered in the report. It highlighted issues in adopting web3 gaming, including a lack of awareness among traditional gamers and decreased Twitter mentions for web3 metaverse terms. There still needs to be a project that cracks the code in order to achieve long term sustainability instead of short term growth.

The report also touched on the rise of women within the web3 space, with an increase of 6. The U. He believes that decentralized ledger technology has the potential to make widespread positive change. Learn about our editorial policies Published October 26, The social media platform Reddit, famous for its role in the GameStop stock squeeze, is now having a similar influence on non-fungible token NFT adoption.

Last week, the message board platform revealed that users had created over 3 million Polygon wallets. Twitter and Meta Platforms both tried to gain user support for NFTs but it looks like Reddit may have found the right combination for social media and Web3.

The exciting part of this collection is that the NFTs are only dropped one at a time, over a hour period, which the project says is forever. The development team at Nouns says the NFTs are an experiment to improve the current state of on-chain avatar communities. Nouns Dreadfulz Dreadfulz is an Ethereum-based collection of 7, scary characters that are seeing a sales surge ahead of Halloween.

NFT holders will later be able to claim a full-body 3D avatar to plug into compatible metaverse projects. The project was done in collaboration with hit games developer Umbrella Games. Killabears holders can participate in exclusive events, such as NFT drops, raffles, giveaways, and more.

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