LT;DR Mar. 7 NFT Recap: DraftKings Partners With Zero Hash to Earn Staking Rewards on Polygon

LT;DR Mar. 7 NFT Recap: DraftKings Partners With Zero Hash to Earn Staking Rewards on Polygon

Top News Today:

  • DraftKings & Polygon

  • VeeFriends Series 2 Details

  • Immutable X Funding

  • Top NFT Movers

DraftKings & Polygon

DraftKings partnered with Zero Hash to earn staking rewards on Polygon, becoming one of the first corporate validators to do so.

In a new web3 initiative DraftKings will stake its assets on the Polygon Network via Zero Hash. DraftKings has signaled to the community that Autograph and its NFT marketplace is just the beginning for the platform's soiree into web3.

The Polygon co-founder expressed his excitement about DraftKings joining as a validator stating.

"DraftKings will become an even more active participant in the Polygon ecosystem," he said, "playing a critical role in guaranteeing the integrity of the blockchain and securing the network."

 

VeeFriends Series 2 Details

VeeFriends released detailed information regarding its upcoming VeeFriends Series 2 drop.

The total supply of 55,000 NFTs will be broken down in the following manner:

  • 10,255 NFTs for VeeFriends Series 1 holders
  • 32,000 NFTs for Friends List
  • 10,000 NFTs for the general public mint
  • And 3,300 NFTs for 15 new characters

With Series 1 holders can claim one NFT for free plus gas. VeeFriends will release a token ID checker that will allow the public to look up whether or not a particular Series 1 NFT has been used to claim its Series 2 character at the time of release. 

 

Immutable X Funding

Immutable X, a Sydney-based NFT game developer, raised millions of dollars from investors at Singapore's Temasek and is now valued at $2.5 billion.

Immutable, which developed NFT games like Gods Unchained and Guild of Guardians, had previously raised funds at a $410 million valuation in 2021.

Partnering with GameStop in February to launch the retailer's NFT marketplace, Immutable continues to grab the attention of large scale firms as investors attempt to join the recent surge in NFTs and web3 platforms and protocols.

 

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  • Bored Ape Yacht Club jumps to the top of our project rankings page after a slow start across the board in March. With volume just under 2,000 ETH today, the floor for BAYC has seen a significant decline from its highs of 110 ETH a month ago. 

  • Clone X enters at number two in volume with under 1,000 ETH as the entire NFT community struggles to find its footing. With an allowlist spot for the upcoming Murkami flowers project, the 70 percent volume spike could be due to the snapshot wrapping up today. 

  • Dour Darcels, after minting out on March 5, have held near the top of our rankings page with 755 ETH in volume ins the last 24 hours. The project's floor price roughly doubled the 0.1 ETH mint price and is down 5 percent on the day. 

  • Check out Lucky Trader's full NFT project rankings here


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Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.

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