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CryptoFifa：Football NFT GameFi on its way to Rock the Crypto World

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4 years ago

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The overwhelmingly popular collections in 2021 are star cards and NFT (Non-Fungible Token), both of which entered a big bull market unexpectedly.

For investors, star cards and NFT worth paying attention in the year of 2021. A strong rise of star cards so far has been witnessed in 2021’s collectibles market. Judging from the tendency, this kind of trend is expected to be intensified and has created countless miracles. NFT, a kind of non-fungible tokens, will be ready to shine a light in 2021. Its emergence redefines that value can not only always be carried by encrypted currency, but can be carried by another new and unique media, namely cryptocurrency. Also, its trading volume has been skyrocketing. 

Then, what will happen when a collision was generated by star cards and NFTs?

1. The huge market value of the star cards

On April 27th this year, a signed rookie star card of the Los Angeles Lakers’ top star James was auctioned for a sky-high price of $5.2 million, setting a new record for the transaction price of a basketball star card. In the same way, it also happened in the field of football– the Pele Collection Card is the most valuable player card in the world, and a single card on eBay has been maintaining beyond a six digits price. What is behind the dynamics of star card prices at historically high prices is the increasingly prevalent collectibles market. It is estimated that in 2021, the annual turnover of various star cards will reach the level of tens of billions of dollars.

There is no doubt that star cards have their investment value. According to calculations by authoritative organizations, the return rate of investing in star cards reaching an astonishing 264%, while the S&P 500 index is just 102% in the same period. In the sports collectibles market, the value of its collectibles is usually proportional to the star’s fame, and the frequency of a player’s signature is inversely proportional to the value derived from him. This aspect also shows the value of the star card collection, which extends a global star card culture and is being increasingly accepted by the public.

2. Trends: Star Card + NFT + Game

With the popularity mixed by the traditional star card and NFT market, the NFT-based star card was born. The popularity of star card NFT not only stems from the underlying development of blockchain technology but the huge market of fans.

It is notable that the right to issue traditional star cards is in the hands of a few giant companies. In the field of football, the production and distribution rights of traditional football star cards are in the hands of Futera, Topps, Panini, and others. They have the right to operate diverse star cards such as the five major European football leagues and multiple national football teams. Because of this, to further expand the value of star cards, many European football giants have launched their own NFTs, enabling users to trade players’ digital cards in the form of NFTs on the blockchain. Among them, there are more recent international footballs. Superstar Bailey will launch his first NFT on May 2nd. However, the existing star card NFT projects are more limited to collection and transaction attributes, lack of gameplay, and low player interaction.

Faced with this blue ocean market, major technology companies have flown into the sports NFT market one after another. Currently, various kinds of NFT applications come into being endlessly. However, a star card + NFT + DeFi product which can satisfy all kinds of needs is still absent in the market. Under this context, CryptoFifa comes into being.

3.What is CryptoFifa?

CryptoFifa takes the football star card as an entry to show the perfect form of the star card NFT, and it will be further promoted to become a trend.

CryptoFifa, issued based on the Binance Smart Chain, is an NFT-based encrypted star card Gamefi platform. While in the NFT world, OpenSea, Sorare, Hashmasks, Gods Unchained, and other predecessors in their respective fields are still fighting alone, CryptoFifa, a latecomer, has taken the lead and started to integrate resources and to unify the sports NFT arena.

Cryptofifa, a crypto football player card Gamefi platform combines NFT, Defi features, and traditional football gameplay. The game integrates popular gameplay such as football themes, mystery packs, card trading, and event mining. Not only is it full of fun, the NFT cards and tokens obtained in the game can also be traded, allowing players to earn considerable income while playing. The platform operated on a sustainable revenue model through a stable game mechanism. In other words, the players can gain income while entertaining.

3.The Feature and Value of Cryptofifa

(1) Strong Liquidity

According to the current market condition, NFT transactions have some certain bottlenecks, which are mainly reflected in their insufficient liquidity. This pain point has plagued many NFT projects. But when it comes to CryptoFifa, there will be no shortage of liquidity.

Firstly, the CryptoFifa project takes football as an entry. Football, as the world’s largest sport, has a great number of fans and is intrinsically popular. It means that there is endless market enthusiasm and rising football superstars, with a very long game life cycle. Not to mention, the European Cup originally planned to be held last year was postponed to this summer due to the Covid-19. Fans who have been emotionally suppressed for a long time are about to usher in a “retaliatory” football spree. In addition, this European Cup will coincide with its 60th anniversary, and fans from all over the world will be gathering there. Cheer up for this super sport feast.

Secondly, to better enhance the liquidity of the NFTs, the CryptoFifa project team issued a total of 1 billion FFA based on ERC-20 as the currency for the circulation of the game. It is the token that anchors a package of high-quality NFT assets. In other words, all the expenses in the game and all bills can be settled with FFA tokens, which not only endow asset attributes but are an important support for structural form and gameplay. It is worth pointing out that to stabilize the FFA currency price, the project team promised that the total circulation of tokens in the secondary market within the first 6 months of the game will be strictly controlled within 50 million.

Thirdly, CryptoFifa will cooperate with many global leading trading platforms to boost the trading volume and liquidity of NFTs. Up to now, CryptoFifa has reached strategic cooperation with the world’s leading NFT asset trading platform to jointly build an NFT game value ecology and safeguard CryptoFifa.

(2) Game Innovation

Blind boxes have been highly sought-after in recent years because you can never know what they are after opening it. This sort of gameplay is both artistic and exploratory and has become a new decompression method and collectibles. Take the traditional star card for instance, which is usually sold in boxes or packages. There are multiple cards in one box, but there is usually a single signed star card. You never know which star the signature card will be. If you got this year’s rookie Harland, congratulations, the possibility of its appreciation is very high. This game that grows together with the stars has attracted countless fans.

Similarly, CryptoFifa uses this novel blind box card-drawing gameplay. Identity and card scarcity level, different cards have different wining rates. In addition, the platform adjusts the number, price, and other parameters of card packs to carry out the circulation index of NFT cards and FFA tokens in the overall game ecology with a macro control manner. Unlike the traditional blind box, CryptoFifa uses a gamified NFT token issuance method. In other words, what you buy may only be a token, but what you buy is a basket of top NFT assets. Therefore, it has a stronger liquidity.

To overcome the demerits of the long return period of traditional star cards, the player cards users can obtain through CryptoFifa blind box draw before the start of the game, since no one can predict the players performance before the game, as the game moves forward, these cards price will fluctuate with the performance of each athlete. If the purchased player performs well during the game, the player’s card will appreciate in real time, which will increase investor incentives accordingly and gain profit at one go.

(2) Game of Fun

For a more humane design, the design of the NFT star card takes the game and collection scenario into consideration, that is, each football layer corresponds to the casting of 100 RARE cards, 10 SPECIAL cards, and 1 UNIQUE card.

At the collection level, fans can permanently keep their favorite star cards. In addition, if users buy the cards of certain young players, if they show a better performance in the future, then a brilliant career, or even leave a permanent mark in the history of the sport, then the card value will continuously rise which will become a successful investment. For example, you are lucky enough to buy the card of Haaland, a player with great potential. As his fame rises, the price of this card will also go up.

At the game level, to ramp up the game interaction, the project team added game mining, that is, the platform regularly takes snapshots of the user’s wallet address, the user holds an encrypted star card, and the corresponding player stats, scores, team to win, users can get FFA tokens as reward proportionally. For example, Dortmund Haaland started and scored two goals to lead Dortmund to win Bayern with 2-0. Congratulations, you will receive a certain amount of FFA currency as rewards.

The game also draws on the gem synthesis upgrade gameplay in traditional games, Squad Building Challenge: The system will issue squad building tasks according to the hot events, and users can collect the required cards to synthesize higher level cards according to the requirements to get extra mining rewards.

What’s more, Throughout the game, all transactions, including player selection, point calculation, and reward distribution, will be completed through smart contracts. The game reward distribution will be utterly transparent, fair, and efficient.

5.Conclusion

To wrap up, CryptoFifa has designed a set of sophisticated game consumption incentive mechanism to maximize the interests of investors. On the one hand, unlike traditional markets that are usually opaque, these rare NFT works can be re-sold to the secondary market for revenue. On the other hand, players can also obtain income through competitions and tasks. This is the so-called Play to Earn concept CryptoFifa working so hard to achieve.

NFT is described as a special crypto asset, which is considered valuable due to its security and scarcity. Once it combined with decentralized financial products, it will release greater energy. At present, CryptoFifa has officially cooperated with FIFPro to obtain a game license for the portraiture rights of more than 1,100 players. Players mainly come from the 60 member states of the FIFPro, as well as active professional players from the top 5 football leagues in Europe. Chances are we will see the collection that can well represent this era. The star card that has been snatching up will be the CryptoFifa non-fungible token (NFT) star card in the near future.

Disclaimer

This article does not contain any financial advice. Investment can always be risky, so please think twice before you make a decision.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Shamla Tech Empowers Entrepreneurs to Ride the Wave – Trump & Melania Meme Coins Spark Crypto Frenzy

Published

59 minutes ago

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January 31, 2025

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The launch of $TRUMP and $MELANIA meme coins has ignited a crypto frenzy, showcasing the massive potential of meme coins. With $TRUMP reaching a $14 billion market cap and $MELANIA hitting $5 billion, these tokens highlight the power of cultural relevance and community backing. Shamla Tech, a global leader in blockchain solutions, empowers entrepreneurs to capitalize on this trend with custom meme coin

Trump & Melania Meme Coins Spark Crypto Frenzy: Shamla Tech Empowers Entrepreneurs to Ride the Wave

The cryptocurrency world is witnessing a seismic shift with the explosive launches of $TRUMP and $MELANIA meme coins. These tokens, backed by the powerful global influence, have brought meme coin development into the limelight, showcasing their immense market potential. With $TRUMP debuting at a peak market cap of $14 billion and $MELANIA reaching $5 billion, the stage is set for entrepreneurs to explore this exciting opportunity.

To help innovators and businesses capitalize on the growing popularity of meme coins, Shamla Tech, a leading cryptocurrency development company, is offering comprehensive solutions for launching meme coins that stand out in this rapidly evolving industry.

The Rise of Trump & Melania Meme Coins

Meme coins have grown into a cultural phenomenon in the cryptocurrency space, deriving their value from viral appeal, community backing, and cultural relevance. The entry of these meme coins into the market has further propelled this trend.  

The rivalry between $TRUMP and $MELANIA has captivated the crypto community. While $TRUMP gained traction as a symbol of his pro-crypto policies, $MELANIA disrupted the market with its unique appeal, leading to a 40% dip in $TRUMP’s value upon launch before both tokens stabilized.

Shamla Tech’s Vision for the Meme Coin Revolution

Shamla Tech is inviting entrepreneurs, influencers, and businesses to explore the boundless opportunities in the meme coin development space. The company provides end-to-end blockchain solutions to create meme coins that are not only secure and scalable but also resonate with the target audience.

Balaji, CEO of Shamla Tech, expressed his optimism about the future of meme coins:

“The success of $TRUMP and $MELANIA highlights the incredible potential of meme coins to capture public imagination and create massive market opportunities. At Shamla Tech, we’re passionate about helping entrepreneurs turn their vision into reality. By combining creativity with cutting-edge blockchain technology, we empower our clients to create meme coins that truly stand out in the crowded cryptocurrency market.”

What Shamla Tech Offers

Shamla Tech’s services for meme coin development include:

  • Custom Meme Coin Development: Tailored solutions to bring your unique concept to life.
  • Blockchain Expertise: Advanced blockchain technologies to ensure security, scalability, and efficiency.
  • Smart Contracts: Development and auditing of smart contracts to establish transparency and trust.
  • Community Engagement Strategies: Comprehensive marketing campaigns to build a loyal community.
  • Exchange Integration: Seamless listing on major crypto platforms, including Binance.
  • 24/7 Support: Dedicated teams to ensure a smooth launch and ongoing success.

Why Now is the Perfect Time to Launch a Meme Coin

As meme coins dominate headlines, now is the ideal time to capitalize on this trend. High-profile launches like $TRUMP and $MELANIA have sparked unprecedented interest in meme coins, offering a unique opportunity for entrepreneurs to tap into this market.

“Meme coins are redefining the crypto space by combining cultural relevance, community power, and financial innovation,” added Balaji. “With our deep expertise in blockchain development and marketing, Shamla Tech is perfectly positioned to guide businesses through every step of the process.”

Now is the perfect time to explore how to create a meme coin in response to the success of $TRUMP and $MELANIA. With increasing demand and cultural significance, meme coins have become a powerful tool for entrepreneurs looking to make their mark in the cryptocurrency space.

Partner with Shamla Tech to Launch Your Meme Coin

Shamla Tech’s comprehensive cryptocurrency development services ensure that every aspect of meme coin creation, from ideation to launch, is optimized for success. Whether inspired by a cultural trend, a celebrity, or a viral moment, Shamla Tech transforms ideas into reality with their innovative solutions.

To learn more about Shamla Tech’s meme coin development services, visit www.shamlatech.com or contact their team directly.

About Shamla Tech

Shamla Tech is a trusted global leader in blockchain and cryptocurrency development, specializing in cutting-edge meme coin solutions. With extensive expertise in creating secure, scalable, and innovative meme coins, Shamla Tech helps businesses tap into the viral appeal of this growing market. Their end-to-end services include custom token development, smart contract creation, exchange integration, and marketing strategies to build strong community engagement. Backed by a team of blockchain experts and a commitment to excellence, Shamla Tech ensures your meme coin stands out in a competitive space, delivering both technical superiority and cultural relevance to drive success.

For more details, visit their website https://shamlatech.com/

Connect with Shamla Tech through

 

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

Facebook :  https://www.facebook.com/shamlatechsolutions

LinkedIn : https://www.linkedin.com/company/shamlatech

Twitter: https://x.com/shamlatech

Contact them via

Email- info@shamlatech.com 

Media Contact

Organization: Shamla Tech

Contact Person: Balaji

Website: https://shamlatech.com/

Email: Send Email

Contact Number: +12034911927

Address: 2420 Whitney Avenue,

City: Hamden CT 06518

Country: United States

Release Id: 31012522811

The post Shamla Tech Empowers Entrepreneurs to Ride the Wave – Trump & Melania Meme Coins Spark Crypto Frenzy appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

BullionX Announces Groundbreaking Innovations in Gold Management and Mining

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59 minutes ago

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January 31, 2025

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London, United Kingdom, 31st Jan 2025 – BullionX Gold LTD, a prominent South African gold mining enterprise, is making bold strides to redefine the global gold marketing and management landscape. Leveraging decades of expertise in traditional gold mining, the company is now integrating cutting-edge innovation to revolutionize opportunities for investors, leaders, and forward-thinkers worldwide.

As part of its trailblazing efforts, BullionX is introducing an innovative marketing program designed to democratize gold investment and maximize returns for participants. The program enables users to earn daily returns ranging from 2% to 5% through specially designed investment packages. These packages are conveniently funded using popular cryptocurrencies, including major cryptocurency companies.

To further incentivize engagement, BullionX is launching a dynamic referral system. This system allows participants to earn commissions by inviting others to join the program, fostering a collaborative and expansive community. The initiative is strategically positioned to attract a diverse global user base, aligning with BullionX’s ambitious international growth objectives.

In a bold move to support leadership and community engagement, BullionX has unveiled plans to sponsor Information Centres and Gold Stores in strategic locations across the globe. These facilities aim to empower leaders and marketers by providing resources and opportunities to expand their influence within the gold and cryptocurrency sectors.

  • Information Centres will be made available to leaders generating $300,000 in company revenue.
  • Gold Stores will be awarded to leaders contributing $3,000,000 in revenue.

These milestones highlight BullionX’s commitment to fostering global partnerships and creating tangible growth opportunities for its collaborators.

In a landmark decision, BullionX has announced its intent to list on the Johannesburg Stock Exchange (JSE), transitioning from a private enterprise to a publicly traded company. This decision underscores the company’s dedication to transparency, accountability, and stakeholder engagement. To support this transition, BullionX will release previously confidential documents and implement a robust new management structure. These measures aim to ensure enhanced governance and reinforce trust among investors and the broader community.

As part of its forward-looking strategy, BullionX is set to launch its proprietary cryptocurrency token, #BLNX. The token is designed to integrate seamlessly with BullionX Gold Stores, offering holders exclusive discounts on gold purchases ranging from 1% to 3% below market prices. Additional benefits and exact discount rates will be announced in the coming months, generating significant anticipation for the token’s debut.

BullionX is leveraging advanced linear marketing strategies to build unparalleled brand awareness on a global scale. By combining innovative financial solutions, lucrative earning opportunities, and community-driven initiatives, the company is poised to emerge as a trailblazer in both the gold and cryptocurrency sectors.

BullionX’s unique blend of traditional gold mining expertise and modern technological advancements sets it apart as a leader in the industry. From delivering consistent returns to empowering global leaders and embracing the potential of cryptocurrency, BullionX is the go-to platform for individuals seeking a future-focused approach to gold management.

About the Company – BullionX’s 

BullionX Gold LTD is a premier South African gold mining company committed to redefining gold management and investment on a global scale. Headquartered in Johannesburg, BullionX has built its reputation on decades of expertise in traditional gold mining, coupled with an innovative approach to modern financial solutions.

Potential clients can visit the following link for details: www.bullionx-inv.com

 

Financial Disclaimer:

The information in this press release is for informational purposes only and does not constitute financial or investment advice. Participation in BullionX programs involves risk, and returns are not guaranteed. Cryptocurrency investments are highly volatile and may result in financial loss. Please consult a financial advisor and conduct independent research before making any investment decisions.

Media Contact

Organization: BullionX Gold LTD

Contact Person: Alexander Zarubin

Website: https://bullionx-inv.com

Email: support@bullionx-inv.com

Country: United Kingdom

Release Id: 31012523018

The post BullionX Announces Groundbreaking Innovations in Gold Management and Mining appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Style Meets Savings: Up to 20 per cent Off in ‘Curtains Curtains Curtains Ltd’ Winter Sales

Published

59 minutes ago

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January 31, 2025

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Curtains Curtains Curtains Ltd is a renowned provider of premium home furnishings, with a focus on craftsmanship, customer satisfaction, and sustainability, the company has earned its reputation as a trusted name in home interiors.

Curtains Curtains Curtains Ltd, the premier provider of home interior solutions, is thrilled to announce its highly anticipated Winter Sale. For a limited time, customers can enjoy up to 20% off on our exquisite range of Ready Made Curtains, Made-to-Measure Curtains, and Beddings. With exceptional offers and unparalleled quality, this is the perfect opportunity to refresh your living spaces with style and comfort.

The Winter Sale offers homeowners the opportunity to transform their living spaces with solutions crafted to their exact specifications. Whether you’re looking to create a cosy ambience for the winter months or refresh your decor with timeless elegance, the curtains and bedding options cater to every aesthetic and functional need.

“Curtains Curtains Curtains Ltd is committed to delivering exceptional quality and innovation to the customers,” added David Cooper of Curtains Curtains Curtains Ltd. He continued, “The Winter Sale is a reflection of dedication to combining style, value, and functionality, ensuring that every home can benefit from the bespoke and ready-made solutions.”

For more information on attractive made to measure curtains, Ready made curtains, beddings and a full range of fabric options by Curtains Curtains Curtains Ltd, please visit https://www.curtainscurtainscurtains.co.uk/

Media Contact

Organization: Curtains Curtains Curtains Ltd

Contact Person: David Cooper

Website: https://www.curtainscurtainscurtains.co.uk/

Email: Send Email

City: Wymondham, Norfolk

Country: United Kingdom

Release Id: 31012523203

The post Style Meets Savings: Up to 20 per cent Off in ‘Curtains Curtains Curtains Ltd’ Winter Sales appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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