🐴Asus launches its own NFT platform

🐴Asus launches its own NFT platform 📚The benefits of free crypto education 🎈NFT sales are in a slump: but is the bubble actually bursting?

GM, vEmpions! Our motto for today is: "What goes up must come down." So even if we're in a bit of a slump, remember that things can only go up from there. So count your blessings, and be grateful for what you have.

Here’s what we’re talking about today:

🐴 Asus launches its own NFT platform

📚 The benefits of free crypto education

🎈 NFT sales are in a slump: but is the bubble actually bursting?

Asus launches its own NFT platform

Asus has announced that it is launching a new non-fungible token (NFT) platform, Art Black Hole. The platform is powered by Asus' cloud computing and artificial intelligence capabilities, and is currently only open to invited artists to list their NFTs.

Asus' foray into the world of NFTs comes as the company looks to venture into the burgeoning Web 3.0 industry. With its new platform, Asus is hoping to attract collectors who are looking to purchase NFT artworks in New Taiwan dollars.

So far, the reception to Asus' new platform has been mixed, with some calling it a desperate attempt to cash in on the hype surrounding NFTs, and wondering why the company is getting involved in such a speculative market. Others, however, are excited to see what Asus will do with its new platform, and are looking forward to seeing what sort of NFTs will be listed on it.

No matter what your opinion is on Asus' new NFT platform, one thing is for sure: adoption is something that will be key to the NFT industry's success. It remains to be seen whether or not Asus will be able to get people on board with Art Black Hole, or if the platform will end up just being a *black hole* for the company's finances. Let's hope for the former

The benefits of free crypto education

We all know that education is important. It opens doors, helps you get a good job and generally makes life better. But what if there was a way to get free knowledge AND get involved with crypto?

Here's a latest example: Waves School started offering free online training to people all over the world in an effort to promote the mass adoption of cryptocurrencies with a motto of "learn to earn". They're hoping to break down the barriers of entry by integrating the two worlds of education and crypto.

Why should we bring more people into the world of cryptocurrency?

There are a few reasons. For one, the more people that use cryptocurrency, the more stable the prices become. For example, if only a small percentage of the world's population is using Bitcoin, then a large sell-off by one individual could cause prices to crash. But if the pool of users is increased, then the sell-off would have less of an impact.

Another reason is that it helps promote adoption of blockchain technology. The more people that are using blockchain-based applications, the more valuable the technology becomes. And as more businesses start to use blockchain, the demand for cryptocurrency will only increase.

You can say that bringing more people into the world of cryptocurrency is a way of investing in the future.

Finally, by educating people about the ins and outs of crypto, we can help reduce scams and other negative activities that give the industry a bad reputation. No one wants to get scammed, so it's in everyone's best interest to make sure that people know what they're doing before they start investing.

So, while it might seem that the organizations like these are just doing this for the sake of promotion, there's actually a lot more to it than that. They're also helping to drive adoption, increase stability and reduce negative activity. In other words, they're helping to make the world of cryptocurrency a better place for everyone. And that's something we can all get behind.

NFT sales are in a slump: but is the bubble actually bursting?

OpenSea, the world's largest marketplace for digital collectibles, has seen a 60% drop in NFT sales in Q3 2022. But is it really a blow to the industry, or is it just a lull before the next big thing?

It's been a tough year for the cryptocurrency industry, with prices plummeting and interest in new projects waning. But one area that has continued to thrive is the world of non-fungible tokens (NFTs).

NFTs are unique digital assets that can be used to represent anything from in-game items to artworks and collectibles. They exploded in popularity this year, with sales on OpenSea – the largest NFT marketplace – reaching an all-time high of $245 million in Q2 2022. However, since then, sales have been in decline, with Q3 volumes falling to just $100 million. That's a 60% drop from the previous quarter, and it's led some to question whether the NFT bubble has finally burst.

But is this really the end of the NFT craze? There are several factors that could explain the recent sales slump, and it's important to remember that the industry is still in its early days. For one, the summer was a typical slow period for the digital collectibles market, as many people are on vacation and not focused on buying and selling NFTs.

Another factor is the overall decline in cryptocurrency prices. NFTs are often bought and sold using Ethereum, which has seen its price fall. Unstable prices make it harder for people to justify spending large amounts of money on NFTs, and this is likely to have had an impact on sales.

Finally, it's worth noting that the majority of NFT sales still come from a small number of big buyers and sellers. The high-rollers and institutions are likely to be more affected by exposure to volatile markets and changing trends than the average collector.

So, while Q3 sales figures may have been disappointing, it's important to put them into context. The NFT industry is still young, and it's normal for there to be ups and downs as it matures.

It's also worth remembering that the interest in NFTs has not disappeared – it's just shifted to new projects and use cases, like GameFi. So we might not be seeing the same level of hype and speculation that we saw last year, but that doesn't mean the NFT market is dead.