NuggetRush, Solana, and Arbitrum: Weekly Crypto Recap
NuggetRush (NUGX)
NuggetRush (NUGX) offers an immersive play-to-earn (P2E) experience where users mine minerals and earn valuable rewards. It includes non-fungible token (NFT) characters, realistic gameplay, and plans for an active marketplace.
Solana (SOL)
Solana (SOL) achieved a milestone by making its nodes deployable on Amazon Web Services (AWS) through the Node Runner app, enhancing accessibility and integration.
Arbitrum (ARB)
Arbitrum (ARB) and Gitcoin Winter are launching three donation programs, including The Arbitrum Citizens Retrofunding Round #1, where the community will distribute 100,000 ARB to those impacting Arbitrum DAO.
NuggetRush: Blending Adventure and Rewards
NuggetRush blends adventure, NFTs, and real-world rewards in a captivating play-to-earn (P2E) ecosystem. Meanwhile, Solana (SOL) has achieved a key milestone in blockchain accessibility and low fees. On the other hand, Arbitrum (ARB) partnered with Gitcoin Winter to launch community-empowering donation programs.
Will NuggetRush maintain the uptrend, competing with Solana and Arbitrum in the long term? Let’s learn here.
NuggetRush: Adventure and Rewards
NuggetRush integrates adventure and a means to reward and expand a community of like-minded users.
The platform is creating an ecosystem that embraces both seasoned and novice miners and users with a penchant for adventurous play-to-earn games.
- Players are tasked with discovering and extracting mineral resources, earning rewards of financial value.
- The platform provides players with unique NFT characters, catering to a diverse audience that includes business professionals and skilled miners.
The NFT characters and machinery afforded to players facilitate the exploration of uncharted territories and the extraction of valuable mineral assets.
NuggetRush aims to provide an immersive gaming environment with realistic mechanics, ensuring active engagement from participants. Consequently, industry experts have positioned it among the top-tier decentralized finance (defi) projects.
NuggetRush transcends the boundaries of a mere game. Its overarching objective is to inaugurate a fully functional NFT marketplace, empowering gamers to personalize and trade their avatars. This initiative positions NuggetRush as a purveyor of the ought-after and contemporary NFTs in the market.
NuggetRush also collaborates with gold providers, channeling RUSHGEM winnings directly to a gamer’s selected destination, establishing a tangible link to real-world assets.
NuggetRush aspires to build extensive P2E gaming networks and play-to-earn gaming networks.
In Round 2 of its presale, NUGX is valued at $0.012, providing a 20% return on investment (ROI) for Round 1 investors who acquired the token at $0.010.
Solana: AWS Integration and Low Fees
During the Breakpoint 2023 event in September, Solana announced a new milestone in blockchain integration and accessibility. Solana nodes are available for deployment on Amazon Web Services (AWS) via the Node Runner app for the first time.
Based on the official announcement, the development paves the way for businesses globally to use Solana’s network with “unparalleled ease.”
Solana is the second blockchain supported by AWS Cloud’s Node Runner App, joining Ethereum in the integration.
With Solana’s nodes now readily accessible through AWS, deploying consensus and Remote Procedure Calls (RPC) nodes becomes a smooth experience needing minimal technological overhead.
Businesses can link their decentralized applications to the blockchain, helping unleash the full potential of Solana’s low transaction fees and high throughput.
On Nov. 7, 2023, Solana was trading at $43.05. Analysts expect the coin to reach $54.35 by the end of 2023, supported by developments on its network.
Arbitrum and Gitcoin Winter: Empowering the Community
Arbitrum and Gitcoin Winter are launching three donation programs, according to a Nov. 7, 2023 announcement.
As part of The Arbitrum Citizens Retrofunding Round #1, the community will help distribute 100,000 ARB to the users who have stepped up and impacted the processes and governance of Arbitrum DAO.
Arbitrum users need to go to the appropriate website. Notably, the first round will launch on Nov. 15. The Arbitrum community will donate and decide how these funds get allocated.
The Arbitrum DAO passed a proposal allowing users to stake ARB tokens in exchange for rewards. This proposal was published on Oct. 30, and voting ended on Nov. 6, with 66% of ARB holders voting for the proposal and 33% opposing it.
The DAO’s treasury has grown massively, now holding 3.54 billion ARB. On that note, the DAO saw it fit to share the growth with token holders, which explains the staking proposal.
On Nov. 7, 2023, Arbitrum was trading at $1.09. Analysts expect the token to retest $1.13 by the end of 2023, spurred by network developments.
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