TLDR
- Polygon (MATIC) has teased its users with snippets of upcoming developments.
- Polkadot (DOT) has signed an e-commerce partnership with Deloitte.
- NuggetRush (NUGX) will challenge top players in the play-to-earn industry with its mining adventure game.
Polygon (MATIC) has revealed plans to unite its layer-2 chains following its major network upgrade expected in 2024. Polkadot (DOT) has also unveiled a new partnership that will increase its services in the digital shipping industry.
Still, investors are paying more attention to NuggetRush (NUGX) after the 30% growth by round 3 of its presale. NuggetRush offers several ways to earn money. Yet, can this make it one of the top DeFi projects of 2024? Let’s hear expert opinions.
NuggetRush: Extra Income for Completing Exciting Mining Challenges
NuggetRush (NUGX) is a play-to-earn game that rewards users for participating in its artisanal mining adventure. The game offers the opportunity to mine resources that transform into financial rewards. Even more, NuggetRush (NUGX) allows players to experience the thrill of mining natural resources. It comprises mining tasks that range from mundane activities like soil sampling and shaft digging to excavation of mineral resources.
The NuggetRush (NUGX) experience comes with NFT characters and high-quality machinery. Players begin the mining adventure using appropriate machinery and skilled mining character NFTs. Each completed mining challenge comes with rewards and increased mining efficiency. The higher a player’s mining efficiency, the higher their reward eligibility.
NuggetRush (NUGX) comes with rewards like game currencies and more NFTs. The game also gives out more efficient mining equipment. Furthermore, NuggetRush allows players to collaborate on mining challenges. This further boosts mining efficiency and reward eligibility. It also fosters a community spirit, thus making the game more engaging.
Another way to earn rewards on NuggetRush (NUGX) is via staking their NFTs.Players will hold their NFTs for a fixed period, thus earning interest. NuggetRush could soon become one of the most popular NFT projects. NUGX’s ongoing presale has already sold nearly 80 million tokens.
Its blockchain ICO has also raised nearly $800,000 from token sales. NUGX started its presale, selling at $0.010. By round 3 of its presale, NUGX has jumped by 30%, reaching $0.013. It will rise to $0.018 by round 4 of its presale!
Polygon to Unite Layer-2 Chains in 2024
As part of the Polygon 2.0 upgrade coming in 2024, Polygon (MATIC) will unite its layer-2 networks via its zero-knowledge proofs. The network’s cofounder, Jordi Baylina, says the plans are part of Polygon’s 2.0 cross-chain coordination protocol. Furthermore, he says the plans will test scalability and integration powered by zero-knowledge proofs (ZK-proofs).
Excitement around Polygon 2.0 could propel MATIC’s recent bullishness. MATIC was trading at $0.6681 on November 1. By November 30, MATIC had soared BY 14.1% to $0.7625. MATIC rose further by 18.8%, reaching $0.9064 by December 8.
Polygon 2.0 is nearing the final stages of its development. Developers expect to start new features in no time. Analysts say some of these upgrades will help Polygon (MATIC) retain its position as one of the best DeFi projects. Furthermore, Polygon, like other top altcoins, could capitalize on the ongoing market rally. This could push MATIC’s value up by 5.5% to $0.9564.
Polkadot Signs Partnership in Digital Shipping Logistics Industry
Polkadot (DOT) community members celebrate a new partnership with Deloitte to leverage the Kilt blockchain services. The Kilt is a Polkadot-based logistics and supply chain service focused on the shipping industry.
News of the partnership comes amid Polkadot’s (DOT) strong performance since the end of November. DOT was trading at $4.7309 on November 1. A month later, DOT had risen by 15.7% to $5.4750. DOT soared further by 30.0%, reaching $7.1176 by December 9.
The recent bullishness in the crypto market has boosted Polkadot’s (DOT) performance. Analysts say Polkadot could rally further due to an upgrade to its staking dashboard in October 2023. They say increased demand for Polkadot staking services could boost DOT’s value up by 30.9% to $9.3176.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
