<img src="https://crypto.news/app/uploads/2023/10/crypto-news-ethereum-logo-hologram-blockchain-system-background01.webp” />
- Early eth and ADA Investors Considering NuggetRush
- With no purchase/sale taxes, nft collectibles, and strategic partnerships, NuggetRush can gain market share in the gaming industry.
- ethereum‘s decline prompts investors to diversify, while Cardano’s price drop after the collaboration with Kraken appears to have prompted more outflows towards NuggetRush.
Investors who previously supported ethereum and Cardano appear to be considering a new crypto project, NuggetRush (NUGX). These investors have reportedly been accumulating NUGX in the ongoing pre-sale.
NuggetRush offers real-world rewards and opportunities for players around the world. The project features collectible nft characters, providing a sense of novelty and value. Additionally, the absence of purchase or sale taxes and a smart contract audit by SolidProof may explain the increase in interest.
This article explores why early ethereum and Cardano investors are looking at NuggetRush.
NuggetRush: Transforming crypto Gaming Hubs with Rewards and Staking NFTs
NuggetRush is a platform that combines real-world gold mining, cryptocurrency, and artisanal mining into a play-to-earn (P2E) game. The project was launched on ethereum and offers easy access to users.
The game includes several characters that act as game pieces and collectible memes. NuggetRush aims to partner with gold providers who can send RUSHGEM profits directly to miners.
This strategy adds a tangible and prestigious element to the game’s rewards.
The game also includes a staking feature that allows nft holders to lock assets in the system and receive rewards based on the annual percentage yield (APY) and the number of NFTs staked. This mechanism prevents owners from selling their NFTs during the staking period.
NuggetRush’s game also incorporates a player-driven marketplace where users can sell or trade character NFTs, rare items, and mined materials.
Additionally, a percentage of rewards and in-game purchases contribute to supporting artisanal miners in underdeveloped countries.
This provides income to more than 100 million people involved in informal mining activities in developing countries.
NuggetRush’s holistic approach reflects its commitment to driving gaming innovation and social impact.
Cardano Status Prices
On November 12, 2023, Charles Hoskinson, the creator of Cardano, publicly expressed his interest in collaborating with Kraken, a major US-based crypto exchange.
The partnership is focused on advancing the development of Cardano’s layer 2 solution. It strategically aligns with Kraken’s search for a suitable blockchain partner.
This update positively affected ADA prices, which increased from $0.37 to $0.39 in 24 hours.
Still, the upward trend was short-lived, and between November 12 and 18, ADA prices fell by 10.26%, going from $0.39 to $0.35.
ethereum Investors Diversify
ethereum enables functionalities such as smart contracts, which automatically execute under predefined conditions, and non-fungible tokens (NFTs).
eth prices fell in early 2023, affecting investors and their portfolios.
Consequently, early eth investors looking to diversify their portfolios are looking for other high-growth projects.
Conclusion
NuggetRush aims to reshape the GamiFi industry through its technology and features.
Their money-making gaming platform includes precise word rewards, making it a potentially valuable addition to any portfolio.
Early eth and ADA investors are exploring NuggetRush, and some are considering the token in the ongoing pre-sale.
Visit the NuggetRush pre-sale website
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.