Author: NFT Evening

Scroll Introduces SCR TokenScroll, the team behind the layer-2 blockchain network, recently shared plans to introduce a new token called SCR. This token is the first significant step in their roadmap toward decentralization. In a blog post, the team emphasized that SCR will play a critical role in their governance structure, with the long-term goal of becoming a key utility token as Scroll moves closer to full decentralization.SCR will act as the primary governance mechanism for the Scroll protocol. Consequently, token holders will be able to influence network decision-making. The prover and sequencer are essential components of the blockchain architecture,…

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With the holiday season approaching, many Americans are looking for unique and modern gifts. One of the new trends this year is crypto-related gift. Our recent survey of 1,010 Americans highlights this growing trend. The survey reveals that nearly half of Americans plan to give cryptocurrency as a gift this holiday season. This research article will explore the findings from the survey, including why crypto is becoming a popular gift choice and which types of digital assets are most favored.Key Findings48.7% of Americans plan to buy crypto-themed gifts for family and friends this holiday season.Millennials, at 40.2%, are the leading age group buying…

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If you want the best crypto exchanges for trading and investing, Gate.io might be on your radar. Launched in 2013, this platform has become a prominent player in the crypto market, known for its extensive selection of over 2,500 altcoins. This Gate.io review dives into its trading features, fee structure, user experience, and security measures to help you determine if it’s the right fit for your needs.Key Takeaways: Gate.io is a cryptocurrency exchange that offers advanced trading features such as margin trading, 125x leverage trading, P2P trading, copy trading, and automated trading bots.Gate.io charges a base trading fee of 0.1% maker/taker…

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The Crypto.com invite code helps new users get extra rewards when they join the platform. With this code, people can easily start trading while earning welcome bonuses. This invitation code or promo code not only gives new users a chance to get rewards but also allows existing users to earn benefits by sharing the platform with their friends. In this guide, we will look at how the Crypto.com referral code works, how to use it, and what are the sign-up bonuses.Key Takeaways:The best Crypto.com referral code is dhbgjzx2wp, offering a $50 sign-up bonus by completing tasks: deposit $50, trade $100, and…

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The global NFT market cap today is $67.00 billion, reflecting the growing interest in digital ownership. To enter the NFT market, you need a marketplace to buy and sell these digital arts. So, what is an NFT marketplace, and why is it gaining so much attention? These marketplaces play a crucial role in connecting creators and collectors. They provide a space where users can buy, sell, and trade non-fungible tokens (NFTs). In this guide, we will dive into what an NFT platform is, how it works, and why it matters in today’s digital landscape.Key Takeaways:An NFT marketplace is an online platform…

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NFT Market Sees Significant GrowthSales volume on the non-fungible token market increased by 10.10% last week. NFT sales reached $85.97 million, according to CryptoSlam data, a significant rise over the final September’s two weeks.Accompanying the increase in sales was a 21.73% rise in the number of NFT buyers. A change in the market’s dynamics is indicated by recent statistics, which show 794,763 buyers and 377,711 sellers.Transactions increased in tandem with the increase in buyers. NFT transactions increased to  64.72% last week to reach 1,295,201, indicating increased interest and activity in the market. Allow us to examine the top-performing networks at…

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Non-fungible tokens (NFTs) have gained significant attention since the 2021 bull market. As unique digital assets, they are unlike any other forms of cryptocurrency or digital items. But why do people buy NFTs? In this guide, we will explore why they buy NFTs and the main reasons behind this trend, discuss whether people are still buying NFTs, and provide answers to common questions.Key Takeaways:NFTs, or Non-Fungible Tokens, are one-of-a-kind digital items stored on the blockchain, that prove ownership for items like digital art, music, and collectibles, unlike regular cryptocurrencies that can be exchanged equally.People buy NFTs for ownership, supporting creators, scarcity,…

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CryptoPunk 1563 Transaction Raises DoubtsCryptoPunk 1563 was sold this afternoon for 24,000 ETH, or $56.3 million, in what appeared to be a large transaction. However, several visible and concealed red flags arose, raising concerns about the sale’s legality.About $69,000 in ETH was paid in September for the purchase of CryptoPunk 1563. This raises questions as it is considered a “floor Punk,” meaning it usually sells near the entry-level price for the collection. With no rare attributes, there’s no reason to justify such an Extensive analysis of on-chain data indicates that the transaction was a component of a flash loan program.…

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Many crypto investors and traders want to make profits, but they may not have the time or skills to do it all manually. This is where crypto trading bots come in. These bots can help you trade automatically, making it easier to buy and sell coins.In this guide, we will look at 8 best crypto trading bots. We will compare them based on the number of exchanges they support, their prices, trading strategies, and whether they offer a free plan. This will help you find the right bot for your trading needs.Key Takeaways:The crypto trading bot is a software tool…

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Entering the NFT space can seem complex, but understanding how to buy NFTs is essential as the market is projected to reach a staggering USD 222.79 billion by 2031 (Source: Verified Market Research). With unique digital assets ranging from art to virtual real estate, NFTs have become a popular form of investment. Navigating the NFT space begins with choosing the right platform, securing a digital wallet, and following a step-by-step process. This guide will walk you through the essential steps needed to confidently buy an NFT.Key Takeaways:An NFT, or non-fungible token, is a unique digital asset that represents ownership of a…

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