Showing posts with label Mushe Token. Show all posts
Showing posts with label Mushe Token. Show all posts

3 Hot Tokens For NFT Collectors, Fans, and Creators...

 

Meta’s Facebook and Instagram recently announced support for NFTs, including those built on the Polygon (MATIC) and Solana (SOL) networks. Thanks to the ongoing bear market also, means that now is a great opportunity for those looking to invest long-term into cryptos that have a major focus and support for NFTs, such as Mushe Token (XMU).

Polygon (MATIC) NFTs Will Join Facebook and Instagram First, Along With Ethereum


When Facebook and Instagram add support for non-fungible tokens (NFTs), users will be able to share NFTs with friends and family by connecting their crypto wallets to their accounts. NFTs on the Ethereum and Polygon (MATIC) networks will be the first two out of a total of five to be supported by the social media platforms.

The Polygon (MATIC) network is a side-chain built on the Ethereum platform. It is a layer 2 solution which means that the speed of transactions on the network is lightning fast whilst mitigating unnecessary transaction fees.

Polygon (MATIC) is also featured on OpenSea which is built on the same blockchain network and is, by far, the largest of all the NFT marketplaces and the first. OpenSea does support NFTs created on the Polygon (MATIC) network and its success has been driven by its compatibility, as it also supports NFTs from various networks including Ethereum and Klaytn.

Solana (SOL) NFTs Will Also Be Added to Meta’s Social Networks Later


NFTs on Solana (SOL) will be among the second cohort of NFTs to be added to Facebook and Instagram, along with NFTs on the Flow blockchain.

Solana (SOL) is the utility token for Solana which is a blockchain network upon which smart contracts can be deployed. This means that, like on Ethereum, talented developers can build tokens. Benefits of Solana (SOL) include low transaction fees and high-speed performance, partially thanks to the proof-of-stake consensus algorithm.

NFTs created on Solana can also be traded on OpenSea.



Mushe Token (XMU) Supports Interoperability and NFT Trading on Social Media


Mushe Token (XMU) will not be among the likes of Polygon (MATIC) and Solana (SOL) in joining Facebook or Instagram as it has not yet launched. The project is currently in the presale stage and offers a great opportunity for a long-term return on investment for early adopters who can get involved at a fraction of the value Mushe Token (XMU) has the potential to reach on secondary markets.

The token can be used in the MusheVerse, a Metaverse that will incorporate all of the products from the Mushe Token (XMU) ecosystem. These include Mushe Chat, a social media application where users can send and receive messages from family and friends with full end-to-end encryption. Users can connect their Mushe Wallet crypto wallets to Mushe Chat also for NFT sharing.

NFTs can be created and sold on the Mushe Token (XMU) NFT marketplace, and the team behind the project will be releasing its series of NFT collectables soon.

The presale for Mushe Token (XMU) is ongoing and the first stage is now live.

Find out more:

Presale: https://portal.mushe.world/sign-up

Website: https://mushe.world/

Telegram: https://t.me/musheworldXMU

Twitter: https://twitter.com/Mushe_World

Instagram: https://www.instagram.com/mushe_world/

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Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

Coming to a feed near you: NFTs are now scheduled to enter social media platforms!

Mushe Token

Ever since its emergence dating back as early as 1997, social media has completely revolutionised the way that we communicate, interact and engage with each other. Social networking platforms such as Instagram, Snapchat, Facebook, Twitter, and TikTok are responsible for providing people with opportunities to create businesses, portray their best works, and freely express themselves online. But the fun of social media does not end there. 

NFTs future on social media:

Imagine a world where non-fungible tokens (NFTs) existed within social media platforms. Well, you do not do it any longer. On May 9, 2022, Instagram announced that they will be testing NFTs for the first time. This announcement came from Instagram’s CEO Adam Moressi, stating that the NFTs tests will begin as early as next week. Ever since, Mark Zuckerberg, CEO of Facebook, has also stated that Facebook will follow suit with NFT testing as well. 

Prominent social media platforms such as these will benefit significantly from having NFTs, as this would entice artists to want to use their platform because it provides another outlet where they can distribute their best works without restrictions. Not only that, but Instagram wants to introduce ‘digital collectables’, which are unique editions of virtual items. The plan is to allow users to share these collectables, where participants would be able to display public information, regarding what they have posted. For example, the post could convey the description of the NFT, providing consumers with more context. The NFT idea for Instagram stems back to the summer of last year when they commenced with examples that showcase and facilitates NFTs - an aspect that could lead to the expansion of the digital market.

The NFT Marketplace

The NFT Marketplace is one that is consistently and rapidly growing as blockchain technology is advancing. Particularly within the past few years, non-fungible tokens have virtually struck the Metaverse out of nowhere. It has transitioned from being an element that was almost in complete obscurity, to a fundamental contributor to the growth of cryptocurrencies. 

Crypto experts and financial market analysts have predicted that the NFT market will have a thriving future. According to research obtained by coinmarket.com, the NFT market is estimated to increase by 35% into a $13.6 billion industry by 2027. Key factors to pushing the market forward currently include the development of the gaming community, notable influencers publicly expressing their opinions, and the strong demand for digital goods and services. Additionally, blockchain technology could help the growth of NFTs, through their initiatives and customisation opportunities. 


NFTs in Mushe Token (XMU) 

The Mushe Token (XMU) is a decentralized financial network, that is in its first phase and currently allowing users to register for their presale. It has the intention of migrating to Stellar’s open networks, allowing users to have low transaction costs and inclusion. In their litepaper, Mushe states how they plan to join “the fastest-growing ecosystem for NFTs and play to earn gaming”. If the Mushe Token (XMU) follows suit with its claim, incorporating NFTs and P2E in games they're involved in, could allow users to passively exchange and gain financially - giving people a firm incentive to get involved with this cryptocurrency. The blockchain's official launch is set to be on Independence Day (July 4), an intriguing gift not just for Americans, but for everyone to discover. 

More information about the Mushe Token (XMU):

Website: https://www.mushe.world/
Presale: https://portal.mushe.world/sign-in
Twitter: https://twitter.com/Mushe_World
Telegram: https://t.me/musheworldXMU
Instagram: https://www.instagram.com/mushe_world/

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Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution


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