One of the most popular gaming streamers on Creator League, a platform that rewards content creators with cryptocurrency, has announced their departure from the site due to ethical concerns over the environmental impact of non-fungible tokens (NFTs). NFTs are digital assets that use blockchain technology to verify their uniqueness and ownership, and they have become a lucrative source of income for many online artists and influencers. However, NFTs also require a lot of energy to create and maintain, which contributes to greenhouse gas emissions and climate change.
The streamer, who goes by the online name of PixelMaster, posted a farewell video on their channel, explaining their decision to leave Creator League and NFTs behind. PixelMaster said that they were initially attracted by the idea of earning cryptocurrency for their gaming skills and creativity, but they soon realized that the environmental cost was too high. They said that they felt guilty for participating in a system that harms the planet and its future generations, and that they wanted to use their influence to raise awareness and inspire change.
PixelMaster thanked their fans for their support and loyalty and urged them to join them in boycotting NFTs and other forms of crypto art that rely on wasteful and polluting technology. They also announced that they would donate all of their remaining cryptocurrency earnings to environmental charities and organizations that promote sustainable alternatives to NFTs. PixelMaster said that they would continue to stream games on other platforms that do not use NFTs or cryptocurrency, and that they hoped their fans would follow them there.
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The cryptocurrency market has been witnessing a surge in the gaming sector, as $PYR, the native token of Vulcan Forged, a blockchain gaming platform, soared by 30% in the past 24 hours. The rally comes amid the ongoing drama involving $GALA, another gaming token that was accused of being a scam by some prominent influencers.
The controversy has sparked a heated debate among the crypto community, as some defend $GALA’s legitimacy, while others question its value proposition and sustainability. $PYR, on the other hand, has been gaining traction for its innovative features and partnerships, such as the integration with Polygon network and the collaboration with Atari. $PYR aims to create a decentralized metaverse where users can play, create and earn rewards in various games and NFTs.
$GTC, the cryptocurrency of the Global Travel Chain platform, surged by 40% in the past 24 hours after the announcement of a major upgrade to its Passports feature. Passports is a decentralized identity verification system that allows users to access various travel services and benefits without revealing their personal information. The upgrade will enable Passports to support more types of credentials, such as vaccination records, health certificates, and loyalty programs. This will make $GTC more attractive to travelers who value privacy and convenience.
The price of Synthetix Network Token ($SNX), the native token of the Synthetix protocol, surged by more than 15% after the team announced a teaser for the upcoming V3 upgrade. The upgrade is expected to bring significant improvements to the scalability, security and efficiency of the decentralized synthetic asset platform.
The teaser video showed a glimpse of the new user interface, which features a sleek and modern design, as well as some hints of the new features and functionalities that will be available in V3. The Synthetix community reacted positively to the announcement, expressing their excitement and anticipation for the launch of V3, which is scheduled for Q4 2023.
According to data from Google Trends, the interest in cryptocurrency-related searches has dropped to its lowest level since 2018. This indicates a lack of enthusiasm and awareness among the general public, as well as a possible sign of market saturation and exhaustion.
The decline in searches coincides with a period of high volatility and regulatory uncertainty in the crypto space, which may have deterred potential investors and adopters. However, some experts believe that this is a temporary phenomenon, and that the crypto industry will bounce back once the fundamentals improve and new innovations emerge.
The cryptocurrency market has been relatively stable in the past 24 hours, with most of the major coins showing little movement. According to CoinMarketCap, the top 50 coins by market capitalization have changed by less than 2% in either direction, indicating a low level of volatility and trading activity. The total market capitalization of all cryptocurrencies is currently around $2.1 trillion, slightly down from yesterday’s peak of $2.2 trillion.
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced that its Head of Product, has left the company. Zhao, who joined Binance in 2018, was responsible for overseeing the development and launch of several innovative products and services, such as Binance Smart Chain, Binance Earn, and Binance NFT.
According to a statement from Binance, decided to pursue other opportunities in the crypto space and thanked him for his contributions to the company. Binance said it will continue to focus on delivering the best products and services to its users and partners and wished him all the best in his future endeavors.
