Aurelia Butler

Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action.Unique Network has announced it will be launching the first developer environment for NFT XCM transfers (Cross-Chain NFTs), starting with two major networks for developers and parachains in the Polkadot ecosystem. Using NFT XCM’s technology at the start of the developer environment, blockchain developers can move NFTs between Asset Hub, and Unique Network. Interested parachains can be added to the developer environment to develop NFT XCM functionality.What is NFT XCM?NFT XCM is a groundbreaking initiative developed by Unique Network, designed to simplify the transfer of NFTs (Non-Fungible Tokens) across parachains. By enabling seamless movement between different chains, NFT XCM is not just expanding accessibility but also unlocking new possibilities for creators, developers, and users alike.NFT XCM extends the limits of Web3 games and NFT collections, supporting greater use cases and making non-fungible tokens available to a larger group of on-chain users. Unique Network invites parachains, and developers to register their interest in the upcoming testing phase of NFT XCM transfers, to demonstrate its efficacy and explore applications for the technology.NFT XCM utilizes Polkadot’s Cross-Chain Messaging, the messaging format and language used to communicate between consensus systems. Developers and parachains interested in testing NFT XCM transfers are encouraged to register their interest via this form. Polkadot parachains will be added to the developer environment to develop and test NFT XCM functionality. EVM teams interested in pioneering EVM implementations of the technology in a development/test environment are also invited to register their interest.Following the development work of NFT XCM, the Unique Network team unveiled the Cross-Chain NFTs Think Tank earlier this year at Polkadot’s Sub0 conference. This initiative is designed to foster collaboration, drive innovation, and explore new use cases for Cross-Chain NFTs within the Polkadot ecosystem. Leading projects, such as Acala Network and Zeitgeist, are already exploring ways to integrate Cross-Chain NFTs into their own projects.Alexander Mitrovich, CEO of Unique Network shared:Following this, Chief Marketing Officer at Unique Network, Charu Sethi discussed the company’s efforts to foster collaboration and streamline the NFT ecosystem across Polkadot’s various blockchain networks.Unique Network is the first NFT chain built on Polkadot and Kusama, offering the most sustainable and green NFTs with advanced features for gaming, art, and fan engagement. Unique Network offers unparalleled customization, scalability, and interoperability, making it the ideal platform for advanced and innovative NFT applications.Users can learn more here: https://unique.networkContactChief Marketing OfficerCharu SethiUnique [email protected] article was originally published on Chainwire More

This death cross frequently denotes a bearish trend and may lead to a significant decline in price. Long stretches of downward movement have historically followed death crosses. Though not entirely trustworthy, a lot of analysts and traders see it as an indication that the market is about to go into a longer-lasting bearish phase. At the moment, the price of Bitcoin is close to $58,000. Bitcoin’s value may drop even further, perhaps below $55,000 or even into the low $50,000 range if the death cross is confirmed. It is crucial to remember that Bitcoin’s price has historically been quite stable, so things could still turn positive. In order to counter this bearish outlook, the bulls would need to take back control of the market and make a strong break above the $62,000 resistance level. A persistent advance above this level might signal a change in direction and possibly trigger a rally toward $65,000 or more.DOGE is still below its 50-day EMA, indicating that a sustained recovery is not yet apparent despite the recent upward momentum. DOGE has encountered strong resistance at the 50-day EMA, which is frequently used as a crucial indicator of the direction of short-term trends. It is unlikely that we will see a significant breakout in the near future at this rate, with prices circling around $0.1, barring a significant increase in buying volume or a noteworthy market catalyst. The 50-day EMA, which is currently at $0.11 must be broken above for DOGE to firmly establish its bullish momentum. Should this level be broken DOGE may proceed in the direction of the 100-day EMA which is located at $0.12. It may even endeavor to reach the 200-day EMA which is situated at roughly $0.13. Rekindling hope and putting DOGE back on track for a more significant recovery would probably result from a persistent push above these levels. If the price is unable to pick up speed, it may retreat to support levels at $0.09, where DOGE may consolidate before attempting to break higher once more.SHIB’s current trading price is approximately $0.00001333, which is significantly below its 50-day EMA and indicates that the short-term momentum is still negative. Its 100-day and 200-day moving averages are also significantly higher than the present price, adding credence to the notion that the asset is having difficulty rising at all. The token appears to be in a lifeless state, at least temporarily, as the price movement and low volume imply that SHIB’s days of being driven by hype may be over.Still, there is some hope left. SHIB has the potential to rekindle interest and drive the price higher if it can break above the 50-day EMA, which is presently at $0.000014. The token would indicate a major bullish reversal and might draw additional buyers if it breaks above the 100-day EMA at $0.000016. This could push the price back toward $0.00002 or higher. SHIB is currently at a crucial stage. For the meme coin to escape its current slump, it needs a powerful catalyst or higher trading volume. Investors may continue to see it as a dead asset with little chance of a short-term recovery until that time. If there are any indications of life, keep an eye out for a move above those important EMAs.This article was originally published on U.Today More

Token 2049 Attendees Can Collect DOTphin Proof of Presence Digital Avatars and Contribute to Real-World Environmental Impact Sovereign Nature Initiative (SNI) has joined forces with Unique Network and WalletConnect to launch DOTphin, an innovative Polkadot NFT project for attendees of Token 2049 in Singapore. Attendees are invited to visit the Polkadot booth (Booth #P34 and 42, located on level 5 of the Marina Bay Sands Convention Center) and collect their Proof of Presence (PoP) and begin their journey with DOTphin avatars which evolve through user interaction and contribute to real-world marine conservation efforts.By participating in the DOTphin experience, Token 2049 attendees can collect a PoP, unlocking stages in the avatar’s evolution, which is influenced by ecological data from SNI’s marine conservation partner, Aquasearch. This innovative fusion of blockchain and ecological impact empowers users to play a role in preserving marine life while engaging with cutting-edge technology.Once PoPs are collected, the next step is evolving the DOTphin. This can be done by visiting the REAL Evolution page on the REAL portal. The same sign-in credentials used to claim Proofs are required to connect the account. The evolution process begins with the acquisition of the primordial “orbo”, which acts as the starting point; once hatched, it marks the commencement of the DOTphin’s evolution.To evolve the DOTphin, other collected PoPs and Proofs are utilized. On the REAL Evolution page, select the evolve option, choose the Proofs to be applied, and the DOTphin will develop accordingly. Each Proof influences the characteristics of the DOTphin, making it a personalized representation of individual engagement and achievements. The selected Proofs will shape the DOTphin’s evolution, creating a unique avatar.The DOTphin avatar aesthetic is heavily influenced by the artistic style seen in Japanese anime. This design decision creates a significant and relatable connection between the general audience and the digital companion and promotes the idea of caring for an object as it evolves over time. The acclaimed designer behind the art is Daria Smakhtina, from Ephemera One.About Sovereign Nature InitiativeSovereign Nature Initiative (SNI) is a non-profit organization dedicated to rethinking the economics of biodiversity conservation and restoration. Leveraging cutting-edge technologies, SNI creates innovative solutions that connect digital assets with real-world ecological impact. Through its proprietary tech stack—DEEP Protocol and the REAL Portal—SNI integrates live ecological data into digital collectibles, ensuring a sustainable funding channel for biodiversity efforts. The DEEP protocol gathers data from biodiversity stewards, while the REAL Portal continuously verifies commitments, linking users to tangible proof of their environmental contributions. SNI’s work, including pioneering projects like DOTphin, fosters community engagement and creates a new form of digital accountability for conservation.About PolkadotPolkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.ContactPRJonathan [email protected] article was originally published on Chainwire More