Another action-packed week is coming to an end. Let’s dive into the progress made here at Newscrypto. If you’re also interested in the overview of the action in the markets, make sure you check out our Letter from the CEO, which has already been uploaded to our blog.
This week we declared we’re moving into the Metaverse, as we plan to develop an iImmersive digital space for crypto traders and educators. The motivation behind this move is to make the experience behind learning and trading more personalized and interactive. This will be achieved through five aspects of crypto: trading, education, entertainment, networking and a virtual marketplace.
The NewsCryptoVerse users will be able to enjoy several main products. A digital world with everything from virtual offices and digital classrooms to the immersive trading simulator and NFT Marketplace available in the palm of your hand. You’ll be able to personalize your virtual office, socialize and interact with other users, access knowledge and information in an interactive way, as well as create, sell and exchange your digital assets. All this while enjoying the benefit of the security and low fees of Enjin’s Efinity blockchain.
Hand in hand with this announcement we’ve also bought back and burned another million of NWC tokens to conclude the 9th burning event this year. This means you can expect one more burn until the end of December. You can check the burn transaction here.
This week we’ve also prepared a special calendar for the remainder of the year. Every day there will be special discounts, competitions, giveaways, free tools and even a festive trading tip. You can obtain the End of the year calendar from the picture below. Make sure you follow us on our Official Twitter Profile, so you won’t miss a thing.
As for our regular posts, this week’s Market Price report was about Polkadot (DOT), while the FA report gave an overview of Rollup Projects. Our weekly How-to Crypto covered RSI and how you can use price divergences from momentum to indicate trend reversals with ease. This week’s Newsco Weekly Report covered Central Banks of France and Switzerland announcing successful trials of digital Euro and Swiss Franc, as well as the current market situation in combination with crucial on-chain data.
