How Is Web3 Transforming The Gaming Industry?

How Is Web3 Transforming The Gaming Industry?

Web 3 has been here for quite a while; it’s not a decade old but has created a lot of buzz among investors and big institutions.

The gaming industry has enormous growth potential and is expanding rapidly.

A growing number of people are becoming attracted to innovative gaming models such as play to earn (P2E), resulting in a multibillion-dollar gaming industry growing at an incredible rate.

The introduction of technology into the gaming field has drastically affected the industry over time. As web 3.0 evolves and takes over, gaming industry participants are already on the verge of a paradigm shift.

Roseon Merges with Tiny Castle to Expedite Game Development as a Boutique Web3 Game Publisher.

Why is there a need for Web3 Gaming?

In the existing gaming business structure, players invest time and energy to play games without gaining much immediate economic reward. They buy a lot of in-game things, level up their characters, and so on, but they can’t directly monetize their skills or assets in the game.

In fact, if they stop playing the game, they will be unable to do anything with the money and time they have invested in it. So, despite putting in a lot of effort and spending real money on games, users don’t get to own anything.

While esports and online streaming offer some financial gains to gamers, both are limited to a small percentage. As a result, gaming is mainly regarded as a resource drain (both time and money) in the Web 2.0 ecosystem.

Web 3.0 has the potential to dramatically alter the gaming business. In the Web 3.0 future, players will be able to make money while playing games.
In this new era of gaming, if a player spends money on purchasing an asset, they own it and can sell it to other players within or outside the game. In 2021, the gaming sector generated about $160 billion in revenue.

Here are a few reasons why Web3 Gaming can be revolutionary:

1. Possibility of Being an Early Leader

Gamers who adopt web 3.0 early have a big edge over their late competitors. Gamers who shift to Web 3.0 will dramatically impact and leave a legacy for future gamers in the new environment while choosing the new technology.


2. Centered around ownership

Due to blockchain technology, the players own their in-game assets.

As the blockchain data is available in the public domain, the game developers can not alter or exploit their users.

Blockchain technology will enable in-game product ownership, digital scarcity, and a digital marketplace. In Web 3.0, each item will have a limited supply, and asset owners will be finalized after the sale by players.


3. Interoperability

Gamers can effortlessly exchange their digital assets in the form of NFTs- non-fungible tokens that allow for interactive connection between different games and even outside applications- using Web 3.0!


4. Play To Earn (P2E)

Players do not earn money while playing games in the industry’s current condition. Instead, players have monetized their gaming abilities through broadcasting and e-sports.

Players in Web 3.0 will earn money while playing and will be able to monetize their gaming talents within the game itself.

Games will become economies, with players earning real money based on how much they play and how well they are at a game.

Players gain crypto as they progress through the stages or complete tasks, which they can exchange for other crypto-assets or fiat currency.

You can read more about P2E here.


5. World of Progressive Gaming

Web 3.0’s decentralized features will allow independent developers to challenge the absolute domination of large studios. Independent creators will no longer struggle to establish their games in the internet ecosystem, encouraging new inventions for futuristic games.

What Holds For The Future of Web3 Gaming?

The gaming industry is not only predicted to alter dramatically but it is also expected to thrive. The gaming business would likely adapt to Web 3.0 and the present economic climate.

While the gaming business will benefit, so will gamers and everyone else involved in the industry. Gaming businesses are gradually attempting to establish this Web3 gaming platform.

As the ecosystem continues to scale up for more mature game investing, there will be a period of significant progress as we nurture it to accommodate actual gaming acts.

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Big Brands Entering The NFT World. What does it mean, and why should you care?

Big Brands Entering The NFT World. What does it mean, and why should you care?

NFT fever has spread like wildfire over the world. For those unfamiliar, NFTs are digital assets that use blockchain to record asset ownership.

This rise in the NFT craze is not restricted to world-renowned celebrities; global brands are quickly jumping on board.

But, what exactly is a non-fungible token? 

And what real prospects (if any) do they present to the enterprise sector?

You can read all about NFTs in our Beginner’s Guide To NFTs.

In general, NFTs let enterprises provide customers with digital product ownership. 

Whether it’s a shoe, a merch, a Gap hoodie, or even a concert ticket.

Not only do celebrities support NFTs, but now even the most prominent chains and real-world brands have started getting their foot in the game.

Big organizations such as Coca-Cola, eBay, and Universal Music Group, are among the supporters.

While some brands are launching their NFT collectibles, a few Non-Blockchain big giants are creating their own NFT marketplaces.

Let’s first have a look at the brands that have launched their NFT collection:

#1 Adidas 

Adidas Originals released its first NFT drop of digital and physical products in December 2021. For the NFT release, it collaborated with notable personalities in the NFT community, like the Bored Ape Yacht Club, money, and the crew behind Punks Comic.

The NFTs provided customers with virtual wearables for The Sandbox, a blockchain-based gaming universe, a physical hoodie, tracksuit, and gmoney’s trademark orange beanie. 

#2 Coca-Cola 

In July 2021, Coca-Cola introduced a series of four NFTs to commemorate International Friendship Day, which falls on July 30. 

These NFTs were animated, one-of-a-kind digital artworks that delivered multi-sensory experiences and unlocked surprise goodies upon purchase for the first owner.

Among the surprises were a ‘Coca-Cola Bubble Jacket Wearable’ that can be worn in the virtual reality platform Decentraland and a ‘Coca-Cola Friendship Card’ based on classic 1940s artwork.

#3 Samsung

Samsung indicated in the early weeks of January 2022 that it intends to provide substantial support for NFTs beginning with its 2022 TV lineup.

According to the press release, “In 2022, Samsung will launch the world’s first TV screen-based NFT explorer and marketplace aggregator, a pioneering platform that allows you to browse, purchase, and show your favorite art — all in one location.”

There are other brands like: 

In a press release, Nike announced the acquisition of  RTFKT Studios in December 2021, calling it “a leading brand that utilizes cutting edge innovation to offer next-generation collectibles that merge culture and gaming.”

McDonald’s US debuted its first NFT in November 2021 and released a limited edition of 10 McRib NFTs in the United States to commemorate the 40th anniversary of the McRib. 

Burger King, Ray-Ban, Louis Vuitton, Pepsi, and Lamborghini are a few other giants who have dipped their toes in NFTs.


Now, let’s look at the brands creating their own NFT marketplaces.

#1 GameStop 

GameStop has released the beta version of its non-fungible-token (NFT) marketplace, enabling gamers, developers, collectors, and other community members to buy, sell and exchange NFTs.

There are over 200 collections to browse in the new marketplace. The marketplace also has approximately 53,000 NFTs listed.

#2 WWE 

WWE Moonsault, an NFT marketplace, unveiled its first official NFT collection on June 3, 2022.

The limited-edition collection contains 10,000+ “NFT Flips,” each featuring a WWE Superstar associated with the HELL IN A CELL event. 

The NFT Flips will be sold in “Cases” of three, randomized at minting, for $30 each Case on “Moonsault.”


The nascent football league will create and sell digital tokens representing its players, clubs, and coaches to increase fan participation.

In addition to the financial value of the NFTs, supporters who purchase them will be able to use them to access locked team Discord channels and receive free items.


Apart from these brands, Coinbase and NFL are also ramping up their paces to launch their marketplaces.

What does having multiple marketplaces mean? How are brands getting benefited? 

Multiple marketplaces offer users a variety of NFTs to browse and trade, eventually leading to mass adoption.

NFTs benefit both fans and marketers because it allows loyal fanbases to gain exclusive access to their favorite brands and potentially earn money from them.

Companies can gain insight into those individuals and use NFTs as a marketing tool. Furthermore, it provides a new lucrative avenue for digital artists.

With NFTs, businesses allow their customers to invest in a community, allowing for a much deeper engagement than those who buy a subscription.

Will Roseon Have Its Own NFT Marketplace?

Continuing the streak of maintaining the interest of its users and offering them the latest tech has been Roseon’s #1 Priority. Recently, we’ve just sold our first NFT Collection – “RoseWear”, a set of 62 3D-rendered unique art pieces which is inspired by modern street fashion.

Roseon have already built its NFT Marketplace within Game Center, where users can buy and sell their own NFT game assets. In this month, Roseon will launch an INO (Initial NFT Offering) LaunchPad to help projects and creators launch their NFTs.

Roseon is planning to launch its own NFT marketplace.

Until then, you can register on the Roseon App and enjoy the perks of being a community member.

Google Play:

App Store:

Web app:

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When will Crypto Markets Bottom Out?

When will Crypto Markets Bottom Out?

The crypto markets have crashed hard, there’s much panic among the investors, and many people are seeing their first bear market.

BTC price is down to $20,100 at the time of writing from an ATH (All-time high) of $69,000 in November 2021. As a whole, the crypto market has lost $2.1 trillion in market capitalization.

A lot of FUD (Fear, Uncertainty, and Doubt) prevails among the investors, but is it something to panic about? Let’s find out.

Let’s look at the history of Bitcoin since 2008. In this case, we have been continuously following a trend where the bull markets last for 2 years, and then a 2-year bear market follows.

The Crypto market saw the first bull run cycle from 2012- 2014, then a bear cycle from 2014-2016, followed by a bull run from 2016-2018, again a bear run from 2018-2020. The recent bull run started in 2020 when the global markets fell due to the Covid-19 pandemic. As per history, in 2022, a bear market was bound to happen, so it is nothing to worry about.

Apart from the crypto markets, if you look at all the major global indices like S&P 500, Nasdaq, DowJones, etc., are also in a bearish trend.

The crashes are happening because of the macro-economic situations; the inflation is at an all-time high, interest rates are rising, and war, etc., are causing these crashes.

Now you know the reasons for this crash in the markets, but you must have this question:

When could we hit a potential reversal?

There is no straight answer to this question as no one can predict the exact bottom. Still, we can get an idea from history because even if history doesn’t repeat itself, it forms a pattern.

If we look at the market, they have been falling for the last 6 months, and as per history, markets can not keep falling for an infinite period; there has to be a bounce.

Based on the technical analysis, BTC has historically taken support at the 200 Moving Average, which is also happening this time. The markets have taken support at the 200MA, which historically has been the starting point of bull markets.

There’s also the concept of Bitcoin Halving to consider.

Bitcoin halving puts a cap on the supply of new coins by halving the mining rewards. Due to this, if there is a considerable demand, the price will rise. Bitcoin halving has led to a bull run since its inception.

The first Bitcoin halving happened on November 28, 2012, followed by the second on July 9, 2016, and the most recent on May 11, 2020. The next one will happen in early 2024.

And as we had already discussed, the price of BTC tends to rise after halving because the supply is cut by half, and the strong demand pushes up the price. 

Experts and big institutions also expect a bull run in 2024 after bitcoin halving. In the short run, we can expect a possible reversal soon as the macro-economic situation improves.

Should you panic sell and leave the markets?

Many of you might be facing the bear markets for the first time, and it is hard to see your portfolio going down daily.

But it would be best if you remembered that this is the time when the opportunity lies.

You are getting every strong coin at a discounted rate. Even if you see historically, bear markets are not new; people always spread rumors like crypto is dead, but that is not real.

You should keep investing and try a long-term strategy as it will give you the maximum benefit.

Also, this might be the last bear market of crypto that is unregulated because countries across the globe are planning to make regulations and taxation on cryptos.

Bear markets are a golden chance to accumulate cryptocurrencies and give yourself a better future.

If you are confused about what to do, you can read our article, where we discussed how to grow your portfolio in bear markets.

Bonus tip: You can use staking and farming to hedge your risks in this bear market. Roseon app has launched staking and farming facilities where you could stake your cryptos and get rewarded.

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5 Ways To Grow Your Portfolio In A Bear Market

5 Ways To Grow Your Portfolio In A Bear Market

The crypto market has been witnessing a bloodbath over the past few months.

The total market capitalization has fallen by 738 billion in the past month. Bitcoin price has fallen from the All-Time High of $69,000 to $31,000. The Fear and Greed Index is now at 10, representing extreme fear.

So should you sell everything and get out of the crypto market?

A bear market is nothing new for seasonal investors. However, most new investors are panicking and selling their assets in losses.

However, do you know that you can profit from bear markets?

This article will discuss 5 strategies that you can use to grow your portfolio in a bear market.

1. Invest in Dips using dollar-cost averaging

You must have heard of the evergreen advice “Buy the Dip.”

Let’s look at an example:

Suppose ETH is trading at $2300, and you’ve $1,000 to invest, and you want to buy ETH as you believe it is bottomed out.

There are two ways to buy a dip:

The first one is investing all your funds at once in a particular cryptocurrency. So in this situation, you will buy ETH worth $1000 at $2300.

The second is to divide your funds into smaller fractions and invest at regular intervals when the price keeps falling. You split the $1,000 into five parts of $200 each. Now, you have bought ETH worth $200 for $2300. You currently have reserve funds to buy the dip if the price drops further.

You invested everything at once in the first situation, and if the price dips further, you’ll bear a loss.

Whereas, in the second situation, if the price dips below, a loss will be significantly less when compared to investing at once. You’llYou’ll be able to buy the further dips without worrying about the funds.

Dollar-cost averaging often produces better results than buying early before the price has bottomed out.

2. Get the maximum out of Indicators

No indicator is 100% accurate, but a technical indicator can help you in decision-making by giving an idea about the performance of a crypto asset.

Some of the good technical indicators are:

Relative Strength Index (RSI)

The RSI indicator reveals whether an asset is overbought or oversold, indicating a bullish or negative trend. 

If the RSI is near 70%, the cryptocurrency is overbought. If it is less than 30%, then cryptocurrency is underbought.

200 Moving Average (200MA)

200 MA is considered the best indicator for long-term investing.

If the price breaks the 200 MA, it represents a downward trend. Similarly, a price above the 200 moving average suggests an upward trend. 

3. Crypto Staking

The declining profits arena isn’t ideal for any cryptocurrency portfolio. However, suppose you have a long-term strategy. In that case, you may offset falling prices by staking your cryptocurrency and earning interest on it.

Staking involves locking in your cryptocurrency in a given blockchain for a specific period to earn some passive income (staking allows you to profit regardless of the value)

On the verge of prevailing bear markets, several exchanges and DeFi protocols provide great APYs for staking.

Staking is risky, too, if the value of your asset does not grow. But when you compare it with investing in crypto, you’ll still see a staking rise in your overall investments.

The most crucial part of staking is choosing an excellent platform for short-term staking periods and regular rewards.

Roseon has come up with a solution for all your staking issues. We offer our users excellent Annual Percentage Yields (APY) and two (2) main staking options – Locked Savings or Flexible Farming.

In Locked Savings, users will lock their cryptocurrency for a set period and benefit from fixed APR.

While in Flexible Farming, users can have variable APR, and they can freely stake and unstake their tokens.

Sound interesting? Download Roseon App today and protect your gains from wiping out.

4. Diversify your portfolio across various crypto assets

Investing your hard-earned money in a single asset is never a wise choice.

Different cryptos experience big and minor drops.

Diversifying your portfolio reduces your risk exposure. Some of your coins would be performing well, and some may be running at a loss.

However, it doesn’t mean that you invest in every project.

Try to Do Your Own Research (DYOR) before investing and develop at least 5 to 7 projects you believe in and trust.

You can find all the information about a project on its website.

5. HODL and Don’t Panic

Investing your hard-earned money in a single asset is never a wise choice. Different cryptos experience big and minor drops.

Diversifying your portfolio reduces your risk exposure. Some of your coins would be performing well, and some may be running at a loss.

However, it doesn’t mean that you invest in every project.

Try to Do Your Own Research (DYOR) before investing and developing at least 5 to 7 projects you believe in. You can find all the information about a project on its website.

Final Words

It’s challenging to keep your cool while crypto assets suffer double-digit losses. Follow these simple actions to capitalize on this bear market opportunity.

Uptrends and downtrends are essential for market corrections.

Start having a positive approach towards a bear market. It offers you many great projects and coins at a discounted rate.

Believe in your decision, and don’t let emotions rule your primary purpose of investing in crypto.

If you haven’t started your crypto journey yet, this is the right time.

Register with Roseon today and join the revolution.

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What are Play-to-Earn Games And Why You Should Care?

What are Play-to-Earn Games And Why You Should Care?

In this article, we’ll be looking at Play-to-Earn Games – what they are, and how you can use them to turn your gaming hours into a real investment.

So you’ve probably seen it all over the internet and even heard about NFT gaming and Play-to-Earn (P2E) Gaming. 

Still, you’re wondering what it is. Is it relevant? Will it be the future today? We’re going to explain all of that. 


What is Play-to-Earn Gaming?

Play-to-Earn Gaming is when you can play games and earn cryptocurrency, and even NFTs, from playing those games. You can download these games on your computer or mobile and then play to earn rewards, whether cryptocurrency or NFTs, that you can trade in for real money.

It incorporates NFTs, which are non-fungible tokens. These NFTs are different from the art NFTs because they can be used in-game. They can either be in the form of playable characters, weapons, equipment, or sometimes even companion pets.

Play-to-Earn gaming saw significant growth as people were stuck inside their houses during the pandemic. The financial rewards of these online blockchain games served as a big incentive for the participants, which is one of the reasons for the P2E industry’s rapid growth expansion. These projects are grouped under GameFi, Gaming + Decentralized Finance (or DeFi).

Some people look for ‘Free-to-Play’ games where you don’t have to spend anything to earn cryptocurrency, even if their daily attempts or earnings are limited. Then others who have enough capital are willing to ‘Pay to Win’ – buy in-game NFTs to have an advantage on gameplay.

Different ways to earn via GameFi are as follows:

Play to earn

In P2E models, the players are rewarded as they play and level up in the game. The players have to play and repeat specific actions in the game to be eligible for earning rewards. As players improve, they will receive prizes in two ways: in-game cryptocurrencies and NFTs.


Trading NFTs

Trading NFTs is another way to earn from P2E games. Players can get NFTs by either buying them directly from the marketplace or by crafting or breeding them. Many game features, such as characters, weaponry, and outfits, can be traded as NFTs. The most inventive utility in-game is that some NFTs have unique use cases.

Staking NFTs or Tokens

GameFi merges DeFi features which, as a result, allows the users to earn income by staking. A few games allow the players to lock up in-game NFTs and crypto, and the user gets yield on these staked assets.


Asset Ownership

In-game virtual items in games like Fortnite and PUBG have been around for a while. Still, they are entirely centralized, and the players can not exchange their in-game assets in the real world and can not make money.

With GameFi, the users can have full ownership and actual control of their in-game assets. GameFi is decentralized, and as a result, the players can buy and sell their NFTs/ assets in the secondary markets.


Scholarship programs (also known as ‘renting’ for a few games)

Scholarships, yield guilds, and rental NFT characters are all methods for allowing new players to try out a game and earn money without having to pay. Scholars contribute their expertise and time to the game in return for playable characters and getting a portion of the earnings.

A scholarship is a mechanism for a group of individuals to organize and share the profits from a game. Scholarships and other forms of play for rent are accessible through social media and conversations such as Discord.

That’s cool, but you’re not going to become instantly wealthy from it (it’ll take some time).

Suppose you decide to be a pay-to-play player and spend more money inside the game to enhance your chances of making more money. In that case, you can pull in some serious cash or currencies every day.

So you’re probably wondering how to earn this money?

  • You first need to be involved and have basic knowledge about the crypto space.
  • Next, own a crypto wallet (usually MetaMask) that you will connect to the game. Typically, one wallet = one account in most GameFi projects.
  • As you play, the rewards are sent to your wallet, which you can then trade for stable coins or even fiat.
  • You can put the fiat into your local bank account or cash it out to spend.

What is Roseon doing about P2E Games?

Since this trend is essential and a part of our commitment to our customers, we released our first game, Spin2Win, in January 2022. In Spin2Win, users can redeem 5 roses for 1 ticket to win various partner tokens.

Our second game, Zombie warriors, is now available in the beta version with 50 levels. Users can acquire Roses in PVE and $ROSN through PVP/betting. Goblins Attack will be the third game released in May 2022, and even more upcoming games for the rest of the year.

Try it out for free. See if you like the gameplay, and if you do, maybe you’ll want to invest in NFTs from the upcoming Game Store for additional earning potential.

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The Beginner’s Guide To Non-Fungible Tokens (NFT)

The Beginner’s Guide To Non-Fungible Tokens (NFT)

Collectors have been willing to spend massive amounts of money on unique items like paintings, cars, and cards. In 2014, a simple white artwork was sold out for $20Million.

With technological advancements, collectible items have moved into the digital space in the form of Non-Fungible Tokens (NFTs). Last year digital clipart of rock was sold for 400ETH (around $1.3 million).

What is the hype about NFTs, and why are people insanely spending millions of dollars on digital collectibles?

Let’s find out.

NFTs – What are they?

Before we jump onto what NFTs are, you need to know the meaning of the term “fungible.” Anything that another similar item can replace is called a “fungible.” For example, currencies are fungible because you can divide $100 into five $20s or two $50s. These will still amount to a total of $100. 

Non-fungible tokens (NFTs), on the other hand, are not interchangeable. Each token represents a unique asset owned by a particular person. The famous painting of Monalisa is a non-fungible item as it can’t be divided into smaller parts or replaced by anything else.

Now, you must have this question “Won’t there be copies of the same NFT, and how is it verified”?

Each NFT contains differentiable information such as who’s the current owner and who was the seller; all of this makes an NFT distinct and easily verifiable. All of the NFT’s information is stored in a unique digital signature that prevents it from being exchanged for or equivalent to another (hence, non-fungible).

Now you know what they are NFTs, so let’s dive in about a few use cases of NFTs:

  • Video games: NFTs allow in-game items to be tokenized and easily transferred or exchanged with peer-to-peer marketplaces. Character abilities, appearances, and features are a few examples of in-game items.
  • NFT staking is a new option for NFT holders to generate passive income in the crypto world. Staking allows them to lock their assets in DeFi platforms and get rewards without selling their NFT collections.
  • NFTs can also be utilized to earn membership in a private tokenized social club.
  • NFTs can be traded, bought, and sold like cryptocurrencies on NFT marketplaces like Opensea, Rarible, etc.
AYAYI: The first metahuman in China

NFTs can take different shapes and formats

Even though they have been present since 2014, NFTs are gaining popularity as a popular means to buy and sell digital artwork.

Let’s look at a few examples of NFT types:

1. Art NFTs

“Everydays – The first 5000 days” was a collage of 5,000 distinct photographs created by Beeple over a lengthy period from 2007 to 2020. Although relatively ‘unknown,’ Beeple was already an artist before his $69.3 million NFT sales

NFTs are not only for experienced people; in August 2021, a 12-year-old boy earned over 290k pounds by selling Whale Art NFTs.

2. Collectibles / Limited Editions NFTs

Crypto Punks and Bored Ape are some of the well-known collectibles available on OpenSea that reach mainstream news because of the celebrities and major influencers that invest in them. If you wonder what these collections are, they are a cast of 10,000 characters, and each one is unique and can be owned by a single individual.

NFT CryptoPunk #5822 was sold for $24 million. In comparison, Bored Ape #2087 was sold in September 2021 for an unrivaled 769 Ethereum or a $2.3 million sale at the time of the transaction.

Bored Ape Club also serves as your Yacht Club membership card, granting you access to exclusive member advantages.

3. Music NFTs

Singers and rappers are also jumping on the NFT bandwagon.

At the beginning of 2022, rap star Eminem purchased a Bored Ape Yacht NFT for 123.45 Ether worth $452,000. Before this investment, his first NFT collection, ‘Shady Con,’ earned over $1.78 million in sales! The said collection contains figures based on his best-known music videos and even some of Slim Shady’s original beats.

Steve Aoki, the famous dance music DJ, has sold $4.25 million in his “Dream Catcher” debut NFT collection. One ‘hairy NFT’ was even purchased for $888,888.88.

These two are among the biggest and best music NFTs yet!

4. Game NFTs

As we had discussed initially, NFT games allow users to purchase in-game collectibles. Users can sell it to other users within the game or on any NFT marketplace.

You can buy digital pets using NFTs and breed them, make them fight with other pets online, or trade them.

Axie Infinity and My DeFi Pet are a few examples of such NFT games.

5. Meme NFTs

DOGE is almost everywhere these days. But did you know that the original picture that gave rise to the meme was also sold as an NFT for $4Million in 2014? 

Being a ‘meme’ might have brought them some sort of fame back in the day. With the rise of NFT technology, our beloved memes from way back are being sold for millions of dollars.

Will Roseon offers a platform for NFTs?

As part of Roseon’s commitment to its customers, we will soon incorporate NFTs on WonderApp, introducing tools that allow users to show and trade their assets. Once the integration is complete, RoseonPad will then be able to support NFT sales (Initial NFT Offerings).

If you don’t want to miss out, you can follow Roseon’s social media handles to stay up-to-date on the latest news. 

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