• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
Nexo Logo

How Secretum Plans To Take Over NFT Gaming

NewsBTC by NewsBTC
4 months ago
in Cryptocurrency news
Reading Time: 4 mins read
Advertisement

NFTs have become the newest, hottest, and most powerful trend of the gaming world since the long-gone era of Pong and Galaxy Game. Gamers worldwide, for the first time, can now make real money with play-to-earn (P2E) gaming, and in-game assets (characters, land, tools, and more) have been turned into tradable tokens with actual monetary value. Large amounts of money from both investors and gamers are rapidly rushing into the sector:

  • Sandbox, a virtual world development game, saw its sales of NFT land plots surge by over 1,600% in 2021, with sales peaking at over $3 million per day.
  • Ember Sword’s NFT digital land sale in August 2021 raised an unprecedented $203 million.
  • Investment fund Metaverse Group bought an NFT land plot on virtual platform Decentraland in December 2021 for $2.43 million – an all-time price record.
  • Top NFT metaverse game Axie Infinity generated a record $3 billion in NFT sales in 2021.

The explosion in NFT trading volumes ($41 billion in 2021) and the number of NFT game metaverses (rapidly approaching 500) are signaling a tectonic shift. Also, with Facebook’s name change to Meta introducing the term “metaverse” to the wider public, this seems to signal the beginning of the Web 3.0 era. PwC sees the metaverse sector being worth $1.54 trillion by 2030, with Goldman Sachs upping the estimate to a potential $8 trillion.

This game-changing trend, however, has come with a significant challenge. The traditional channels for gamer communications, including Discord and Twitter, and NFT storage, have recently been the recent victims of high-profile hacks:

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!
  • In December 2021, hackers stole $2.2 million of Bored Ape Yacht Club NFTs from their owner’s wallet.
  • Within hours of BAPE announcing it would launch NFTsand opening its Discord channel, users of the platform received fraudulent direct messages which cost 20 members their entire NFT holdings.
  • A Discord server run by recently launched gaming NFT marketplaceFractal was hacked, scamming members out of $150,000 in cryptocurrency.

Web 2.0 social media platforms (Twitter, Telegram, Discord) lack adequate mechanisms to support communications that are needed for the Web 3.0 era. Spammers, hackers, and bots, which generate misinformation and undermine the safety of users’ assets, often overrun channels on these platforms. There is an urgent need for a solution that enables reliable and seamless communications between gamers, and‌ the ability to exchange NFT assets safely and cost-effectively.

The solution is here, and its name is Secretum.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Built on Solana, the world’s fastest and lowest cost blockchain, Secretum aims to become the go-to platform for messaging and NFT trading for the global gaming community. The key pillar to Secretum is Public Smart Channels, where creators set certain rules for channel access based on subscriptions and proof of NFT ownership:

  • Subscriptions – Channel owners can define a one-time fee or recurrent fees, paid directly to the connected wallet of the channel owner by staking SER tokens. This tool screens out less motivated and engaged channel members, including fictitious members (bots) and potential hackers.
  • Proof of NFT ownership – Channel owners can request new users to prove they hold certain assets, tokens or NFTs, to access a channel. Only true gamers, which are actively involved in the ecosystem, can therefore take part.

Secretum’s Public Smart Channels function is a first-of-its-kind revolution for gamers worldwide, creating the ideal conditions for:

Messaging Safety – No centralized data storage, complete anonymity, no data transfers, no moderators, and complete end-to-end encryption.

Strong Gaming Communities – Users will never again be spammed, phished, or harassed by malevolent actors. This means that, unlike Discord or Twitter, all community members are real and channel communications are always genuine and verified. NFT ownership becomes a tool for identity verification, while the SER token becomes the currency of a new messaging ecosystem.

Strong Trading Volumes – Public Smart Channels lead to more communication, more connections, and consequently more trading of NFTs between channel members on Secretum. NFT owners can furthermore avoid the congestion, high fees, and liquidity issues affecting most crypto and NFT exchanges. Solana’s trading costs are as low as $0.00025 per transaction, stimulating Secretum users to invest in and trade NFTs. With a potential 65,000 transactions per second, Solana ensures that Secretum is built to scale.

One of the Secretum’s goals is to create the NFT gaming world’s leading platform for trusted communications, cost-effective NFT trading, and community building – all underpinned by the power of the Solana blockchain. With the NFT sector booming, Secretum is positioned to satisfy a market need that is getting bigger by the day.

The last round of Secretum Private Token Sale of 3,000,000 SER tokens at a rate of $0.50 will end on April 22, 2022, at 24:00 EET or before allocated SER Tokens are sold.

 

Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

Cryptocurrencies With Incredibly High Market Caps

Cryptocurrencies With Incredibly High Market Caps

2 hours ago
Avalanche Might Continue Its Downtrend As Price Slips To $16

Avalanche Might Continue Its Downtrend As Price Slips To $16

4 hours ago
Polkadot

Polkadot Under Strong Bearish Influence , Will The Nearest Support Level Hold?

7 hours ago
Ethereum

Decline In Ethereum Futures On CME Suggests Institutional Investors Are Still Bearish

9 hours ago
VeChain VET VETUSDT

VeChain At Risk Of Further Losses? VET Price Drops 30% In Downtrend

10 hours ago
bitcoin

Why Rich Dad, Poor Dad Author Will Wait For Bitcoin To Drop To $1,100 Before Buying More

10 hours ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

XT.com Lists Land of Fantasy (LOF) With USDT Trading Pair

July 1, 2022

LYOTRADE Launches Crypto Loans—Get USDT and Win Against Volatility

July 1, 2022

Torches Genesis NFT Launching, Win Torchlight NFT to Unlock IDO Allocation

June 30, 2022

Crypto News Flash: Best Meme Coins to Explore in Bear Market 2022 – Floki Inu (FLOKI), Akita Inu (AKITA) and RoboApe (RBA)

June 30, 2022

Secure Your Finances With These Top DeFi Tokens: Gnox (GNOX), Solana (SOL), and Avalanche (AVAX)

June 30, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.