TLDR:
Sei has partnered with Gitcoin to launch a Creator Fund for increased developments.
Binance NFT marketplace has announced plans to end all support for Bitcoin NFTs on April 18th.
Investors have moved to NuggetRush to get its trending NFTs.
Sei has collaborated with Gitcoin to unveil a Creator Fund. This fund is aimed at promoting the development of new projects on the Sei network. Meanwhile, the Binance NFT marketplace has announced its intention to end all support for Bitcoin NFTs effective April 18th. As a result, investors are turning to NuggetRush to access its trending NFT offerings.
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NuggetRush (NUGX): Get RUSHGEM NFTs for a Chance To Earn Real Gold
NuggetRush (NUGX) is a platform that gives players a blend of play-to-earn, memecoin, NFTs, and blockchain gaming. It features a gold mining game where players become miners. Miners’ duty is to explore lands and search for minerals and popular NFTs.
Amid the numerous NFTs on the NuggetRush platform, a group of NFTs stands out. These are the RUSHGEM NFTs. What makes them the most popular NFTs is their real-life value. Players who get these NFTs can convert them to real gold on NuggetRush’s NFT marketplace.
After they have been converted to real gold, NuggetRush will deliver the gold to the player’s address. So, apart from enjoying an immersive gaming ecosystem, players can still build and store wealth. However, the NuggetRush game is open to only holders of NuggetRush’s native token, NUGX.
NuggetRush just finished the presale for this token and is preparing to airdrop lucky buyers in the next 18 days. The NUGX will soon be available for purchase on top exchanges at $0.020. Based on its growth potential, NUGX could hit $1.00 in 2024, making it one of the best cryptos to buy now.
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Sei (SEI) Launches Creator Fund in Partnership With Gitcoin
Sei (SEI) Foundation has announced the launch of a $10 million fund called Sei Creator Fund in partnership with Gitcoin. The purpose of this fund is to foster the development and expansion of social projects and non-fungible tokens (NFT) in the Sei ecosystem.
Also, the fund will support builders and creators in various areas like content creation, collections, applications, infrastructure, and events happening in real life. However, there is a catch. To access the fund, applicants must receive approval through votes from the Sei community.
Binance Announces End of Support for Bitcoin ETFs, BNB Ranges
Binance’s NFT marketplace wants to end support for Bitcoin-based NFT collections. The platform made the announcement in a recent blog post. It advised users to move their Bitcoin NFTs by April 18th. Also, Binance said it will stop support for additional perks, airdrops, or features linked to Bitcoin NFTs.
Binance’s latest decision comes amid concerns about declining market activity for Bitcoin Ordinals, which were once the best NFTs to buy. On-chain data shows that its trading volume and the number of unique buyers have dropped in the past months.
Meanwhile, Binance Coin (BNB) has continued its range-bound movement between $550 and $600. In the last week, the altcoin price has dropped by 8% as bearish pressure hits the crypto market. Bulls will need to rekindle a rally to rise above the $600 range.
In Conclusion
Sei’s creator fund could attract new DeFi projects to its platform. On the other hand, NuggetRush has become the best platform for investors to get the coolest NFTs. Its RUSHGEM NFTs, which can be converted to gold, are a good option for investors to add to their portfolios.
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The post Sei Launches Creator Fund, Binance To Delist Bitcoin NFTs, NuggetRush Becomes the Next Big Option for NFTs appeared first on Metaverse Post.