Nest Arcade Launches NFT Collection and P2E Games
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Fort St. John, Canada, 22nd February, 2022, Chainwire
NFT and play to earn games are quickly gaining massive traction and excitement among players globally and in emerging markets. The problem currently is NFT games can be complex and too expensive to get started with. Many games only suit one type of player which limits its user base and overall popularity.
Nest Arcade is one the first play-to-earn and NFT gaming platforms for hyper casual games on the Solana blockchain. The project is powered by Solana, which is a lightning fast blockchain that allows for fast transactions and close to zero fees, and is currently ranked as the 8th largest cryptocurrency in the world.
Nest Arcade's goal is to remove all friction in P2E gaming and envisions itself as the “Netflix” or the “App Store” of P2E. Launching on mobile first, will allow Nest Arcade to tap into a massive user base, especially in emerging markets. Each game will have NFT support and of course ‘play to earn’ which allows users to earn $NEST tokens while playing.
$NEST is an SPL token on Solana that can be traded like any cryptocurrency and can be converted to fiat. $NEST fuels Nest Arcade's economy and is limited to 1,000,000,000 (1 Billion) tokens. No more tokens will ever be made. Players will be rewarded for their skills and effort in $NEST. Players will be able to spend their $NEST token for power-ups and to buy NFTs on Nest Arcade’s marketplace.
In addition, players will also use their $NEST to enter tournaments for a chance to win other player’s $NEST tokens.$NEST staking will allow users to receive a portion of $NEST transaction fees and game earnings on the platform and to
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