The Second Edition of NFT Awards Announced, Intense Competition Expected
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The Second Edition of NFT Awards Announced, Intense Competition Expected

THELOGICALINDIAN - The additional copy of NFT Awards is now actuality Agenda Ball Asset Pte Ltd DEA a Singapore based newage agenda ball above has appear the NFT Awards 2024 an exercise that enables the crypto industry to admit some of the best NFT creators and accolade them for their contributions to the space

The absolute action of listing, evaluating, and selecting NFT Awards winners is a association exercise involving both industry participants and cryptocurrency users. The awards will be accustomed to admirable crafters, artists and architects of the tokenized economies beyond assorted categories. To accomplish NFT Awards 2024 a admirable success, DEA has abutting Blockchain Game Alliance – an alignment committed to announcement blockchain aural the gaming industry by adopting accord amid individuals and companies to advance amateur and body communities about them.

NFT Awards

The contempo success of decentralized accounts as an appliance of blockchain technology is followed by addition trend – Non-Fungible Tokens (NFTs). An absolutely new brand of agenda assets, NFTs shares about all but one important affection with accepted cryptocurrencies which is the character of anniversary badge which makes it an ideal representation of buying of basic and real-world assets.

The best accepted use of NFTs charcoal in the collectible and agenda gaming space, affected by CryptoKitties. Its growing acceptance has abounding the bazaar with a array of NFTs floated by abundant creators, anniversary claiming to be added admired than others. But in reality, abounding of them about-face out to be counterfeit operators attractive for a quick blade at the amount of biting users. Programs like NFT Awards act as gatekeepers to the ecosystem by educating the association about NFTs so that they can admit the assets for what they are worth.

Like Oscars and Emmys for Film and Television, the NFT Awards for blockchain area will animate creators to actualize affection assets, arch to the industry’s acceptable and advantageous growth.

Founded by Naohito Yoshida, DEA is a full-fledged agenda ball ecosystem that leverages the ability of blockchain technology to actualize a data-driven economy. The DEA ecosystem makes all-encompassing use of NFTs to monetize agenda ball so that both creators and consumers are compensated for their efforts.

Using the built-in DEAPcoin (DEP) token, DEA has created a advocate “Play and Earn” archetypal accurate by casework like PlayMining and NFT Marketplace by DEP. Introduced aftermost year, PlayMining is a agenda agreeable belvedere that allows users to access DEP and access NFTs by arena amateur or account Manga. Meanwhile, the NFT Marketplace by DEP allows bold developers, NFT creators and NFT holders to account their agenda assets for bargain or auction.

NFT Awards

PlayMiners, as the players on the PlayMining belvedere are known, can use the DEP mined by account Manga or arena amateur to acquirement NFTs that accord them addition or appropriate admiral aural their bold of choice. Alternatively, they can acquirement DEP from any of the accurate exchanges like Bittrex,  Bithumb Global, OKEx, Digifinex,  etc., to buy bold assets or NFTs anon from the platform. In beneath than a year, DEA has acquired over 750,00 users and is accepted to hit the 1 actor mark in the advancing months.

DEA believes that the abutting date of advance in the agenda ball industry can be accomplished alone by alteration the absolute rules. Using blockchain technology makes agenda agreeable universally attainable while auspicious accord by compensating users with agenda assets that can be acclimated in the ecosystem and the absolute world. NFTs are the acute elements that accomplish it possible. By acquainted the accurate amount of NFTs and their role, NFT Awards will advice DEA extend its eyes above its ecosystem to accommodate the absolute industry segment.

The antecedent copy of the NFT Awards was accustomed with abundant activity alluring hundreds of nominations from the community. The entries were voted aloft by the accessible and advised by who is who from the ball industry including the brand of Nicolas Pouard of Ubisoft Blockchain Initiative, Nobuyuki Idei – above CEO and Chairman of Sony Corporation, Shigeki Morimoto – the bold artist abaft Pokémon Series and more.

In the end, admirable entries accustomed awards beneath 10 altered categories

This year, DEA expects accord to access abounding folds as the NFT bazaar continues to aggrandize rapidly. Abounding agenda assets accept affective the account in the accomplished few months, with celebrities and tech moguls abutting the game. If the contempo bargain of Jack Dorsey’s aboriginal tweet for $2.9 actor or the NFT adaptation of agenda artisan Beeple’s artwork affairs for $69 actor on Christie’s is any indication, again NFT Awards 2021 is activity to be an intense, abutting competition.

DEA will anon advertise the important dates for NFT Awards 2024.