👋 Hey Nimbus Community, 

Marketplaces are at the heart of every type of commerce, connecting creators and consumers in an organized and engaging way. The NFT marketplace is where it all happens when it comes to digital assets. 

NFT marketplaces have certain features that differentiate them from eCommerce marketplaces. As NFTs become more varied and the interest in this sector grows, a new NFT business model emerges. 

Blockchain-based transactions in these marketplaces are opening up new possibilities for artists and creators, as they can now collect royalties with every re-sale of their digital art. This way, the concept of scarcity becomes important with NFTs as well.

Types of NFT marketplaces

With so many types of NFTs, marketplaces are specialized for each: digital collectibles, game characters, music NFTs, real estate, and even investment projects. They all have the same purpose, though: seamless digital assets transactions.

There are two main types of NFT marketplaces:

✔️Streamlined marketplaces – more generic, for all sorts of NFTs
✔️Augmented marketplaces – highly specialized platforms catering to particular niches

How does it work?

Using an NFT marketplace is quite easy; all that's necessary is an account linked to a crypto wallet. As for the mechanism behind the trades, a blockchain-based contract is created for every NFT, and smart contracts regulate, monitor, and approve all transactions.

The platform handles the transfer of ownership in a secure way in exchange for a fee. 

For creators, it's an excellent way of displaying their NFTs and getting the best price for them, as well as exposure for the artists behind the digital piece. 

The marketplace is a great source of original and scarce digital items for collectors.

OpenSea is the largest NFT marketplace and the first platform to enable peer-to-peer NFT exchanges in a trustless way. 

With the metaverse shaping up, more objects being turned into NFTs, and new trends seem to be emerging, NFT marketplaces will definitely become more numerous and various. 

They also remain crucial for user engagement, making the NFT trade increasingly lucrative for artists and enthusiasts.

👋 Hey Nimbus Community,

We hope you already watched the last stream's recording on our YouTube channel 😉

For those who didn't, we've just added subtitles to ensure everyone fully understands the main messages of Nimbus senior management 💡

🎁 As soon as you watch the recording, rate the informativeness of the stream and let us know your opinion in the comments below the video.

We will randomly pick three comments by July 7 and then send a special reward to three lucky winners 😋

And a gentle reminder for you 😌

As announced previously, the current Staking rates on the Nimbus Platform will decrease starting from July 1.

Hence, you still have 24 hours (till 21:00 CET, June 30) to add your assets to Staking and get rewards at the current rates.

Hurry up, guys, it's time to stake! 👀

👋Hello Nimbus Community, 

One day is left till the Affiliate Program V4.0 upgrade!

We've prepared a brief where two characters - Max and Jack - will help you determine:

✅The difference in rewards pool and reward type in AP 3.1 vs. AP 4.0 

✅What changes should users expect while migrating from AP 3.1 to AP 4.0 for existing users?

✅How do the new changes align with the long-term stabilization and growth plans of the Nimbus Platform?

Read the full brief 👉 Here!

👋Hey Nimbus Community,

The Nimbus Affiliate Program V4.0 is now LIVE!

The new version brings:

🌟 Rewards in Smart Staker NFT, LP NFT, & more!
🌟 Rewards that fetch more rewards, ever hear of that?
🌟 You can exchange your NFTs on P2P exchange or hold to accrue more rewards

Check it out👇

https://land.nimbusplatform.io

In case you want all the details about the difference between AP 3.1 and AP 4.0, read the full overview 👉 here and here!

✋Hey Nimbus community,

😔It looks like the crypto industry is facing its own Lehman Brothers crisis. The market maker and lending firm Genesis Trading is facing potential losses into the hundreds of millions. FYI, Genesis has been pulling credit lines from counterparties left and right.

😭Another data leak… This time an employee of Customer.io, an OpenSea delivery vendor, shares email addresses with an unauthorized external party. The company has already reported this incident to law enforcement. Be careful of email phishing attempts.

🤔Grayscale Investments has initiated a lawsuit against the SEC, claiming that the regulator violated the administrative procedure act and the securities exchange act of 1934. The reason is the denied conversion of Grayscale Bitcoin Trust to a spot BTC ETF.

🤪More regulation is coming - EU institutions have found a provisional political agreement on the Transfer of Funds Regulation. The ultimate goal is to fight money laundering in the crypto sector without preventing innovation and overburdening businesses.

👍Web 3.0 continues to flourish. Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse - an enhanced virtual reality for companies to reduce the costs of running their factories, buildings, etc. The future is here.

👋 Hey Nimbus Community,

It's no secret that our team puts the safety of users and their assets at the forefront of everything 🤝

Guided by this principle, it was decided to postpone the launch of the Smart Staker n-NFT for a few days until the results of the second audit of the functionality are received 📄

As soon as we get the results and make the necessary improvements within the next few working days, we will officially announce the NFT launch, and you will be able to fully experience all the benefits that the token gives to its holders 🙌

Follow the updates and stay tuned!

👋 Hey Nimbus Community, 

Volatility is a natural part of the crypto world. Still, there is an element meant to tackle price fluctuations and keep things in balance: Stablecoins.

On Nimbus glossary today we're covering ✨Stablecoins✨ -  What are they? how they differ from regular cryptocurrencies?  & more

As the name suggests, a stablecoin is a cryptocurrency meant to maintain a stable market value by being connected to a stable outside asset. USDT, for example, is pegged to the US dollar. These stablecoins act like a counterweight for the unpegged and volatile cryptocurrencies like Bitcoin.

Types of Stablecoins

Stablecoins are digital currencies backed by collateral assets. There are four major types of stablecoins, based on the collateral structures behind them:

✔️Fiat-collateralized – pegged to assets like US Dollar, Euro, Yen, or Pound
✔️Commodity-backed – backed with precious metals or other valuable commodities
✔️Crypto-backed – backed by other cryptocurrencies through smart contracts
✔️Algorithmic stablecoins – their price stability comes from algorithms and smart contracts managing the token supply

Advantages of stablecoins

Stablecoins are quite versatile and can be used for different purposes. 

✔️You can use them for payments with many shops and businesses. Stablecoins are preferred to crypto for this purpose because of their stability
✔️Since they are blockchain-based, you can easily send them to any compatible crypto wallet in a very secure way
✔️Adding stablecoins to the portfolio helps traders and investors reduce the overall risk by providing resistance to price volatility

Stablecoins may be developed differently and hold their value at a stable level using different methods, but they all are essential to the DeFi market. If you’re interested in investments, you need regular cryptocurrency; stablecoins aren’t designed for speculative investments but for withstanding market volatility.

👋 Hey Nimbus Community,

🆕 We have updated the Nimbus Mobile App.

The update focuses on aligning the mobile app with the recent core changes on the Nimbus platform and a few UX improvements for a more intuitive and seamless experience!

What's new?
✅ Staking model with updated APY rates;
✅ Improved/updated Staking smart contracts
✅ GNBU Staking rewards calculation bug fixed
✅ General bugs fixed

The update is available on Google Play (Android). 👉 Link

✌️Hey Nimbus community,

👿Solana Labs ran into some bad apples. The ecosystem's key players have been accused of profiting from SOL, the blockchain’s native token that according to the suit is unregistered security. Do you think insiders actually took advantage of retail traders?

👾 For those who love casinos - Shiba Inu's lead developer announced SHI Stablecoin. The idea is to take UST's and USDN's spots on the crypto market. How safe is it and what kind of independent experimental decentralized protocol it will use – still not clear.

🤡 More regulation = less freedom. The European Parliament wants to "drive" the decentralized finance (DeFi) sector, DAO and NFT venues under EU anti-money laundering laws. The parliamentarians believe this kind of platform should be subject to AML procedures.

🥴Few words about correlation. Coinbase analysts concluded that two-thirds of the recent decline in crypto prices can be attributed to macro factors and one-third to a weakening of the outlook solely for cryptocurrencies. Does it mean that the bottom is near?

👻Good news for DOGE holders! The Boring Company has launched a way for customers to pay for rides on Loop, its Las Vegas transit system, with the meme coin. Talking about the market reaction, no serious moves so far. Probably, the risk-off is still there...

👋 Hey Nimbus Community,

The wait for the launch of the Smart Staker n-NFT is finally coming to an end 🤩

Tomorrow, July 12, you will be able to fully experience all the benefits that this NFT offers to its holders.

Here is a short list of insights that will help you understand why this NFT deserves your attention:

✅ You can issue n-NFTs with BNB or BUSD tokens
✅ 60% APY on NBU and GNBU Soft Staking (35% share each) - rewards accrued in NBU
✅ Up to 40% APY on CAKE-BNB LP Staking (30% share) - rewards accrued in CAKE
✅ Risk diversification. The incoming asset is converted into 4 tokens: NBU, GNBU, CAKE and WBNB
✅ Rewards can be withdrawn at any time, whenever it is convenient for the user
✅ NFT can be burned no earlier than 30 days after purchase, and if the NFT is not burned after 30 days, it continues to generate rewards for its holder
✅ NFT can be exchanged through the P2P dApp

And for those who want to know more, we prepared a long read with all details that will help you get full understanding of the underlying concept 👉 Link

🎁 Did you think that's all? In fact, we are in a hurry to please you: tomorrow we will announce a contest on the occasion of the Smart Staker n-NFT launch, and the most active users will be able to get cool rewards!

Follow the updates and stay tuned 😉

👋 Hey Nimbus Community,

After the long deployment process, the second token in the Nimbus NFT family - Smart Staker - is finally LIVE 🤩

You can now enjoy the benefits that the BNB-based NFT provides its holders with. And in the upcoming hours, the NFT based on BUSD tokens will also be launched.

For those who have not yet delved into the topic, we prepared a long read with all details 👉 link

Meanwhile, as promised, we're happy to announce the contest conditions dedicated to the Smart Staker n-NFT launch 🎁

✅ Contest duration: July 12, 2022 - July 20, 2022 (till 23:59 CET)
✅ Who can participate: everyone who acquires Smart Staker n-NFT
✅ Reward: Every tenth user who acquires Smart Staker n-NFT will receive $100 worth of NBU tokens that will be accrued to his or her wallet. There will be 10 winners among BNB-based NFT holders and 10 winners among BUSD-based NFT holders so that everyone has equal chances to win.

And here comes another special reward - for the ones who like playing big 🥁 Those four users who put the largest amount of assets to Smart Staker n-NFT during the contest will get one Smart Staker n-NFT of 1 BNB! Again, there will be two winners among BNB-based NFT holders and two winners among BUSD-based NFT holders.

You can access Smart Staker n-NFT here.

Good luck to everyone and may the most active ones win! 💪

👋 Hey Nimbus Community,

Some of you could already experience BNB-based Smart Staker n-NFT yesterday.

But the BUSD campers don't have to wait any longer because...

🥁... the BUSD-Based Smart Staker NFT is LIVE now!

From now, all the functionality of Smart Staker n-NFT is available to you, which means you have no barriers anymore to multiply your assets even more 😉

You can access the Smart Staker 👉 here

We also remind you of the contest dedicated to the token's launch. Here is the short summary:

✅ Contest duration: July 12, 2022 - July 20, 2022 (till 23:59 CET)
✅ Everyone who acquires Smart Staker n-NFT can participate
✅ Every tenth user who acquires Smart Staker n-NFT will receive $100 worth of NBU tokens. There will be 10 winners among each Smart Staker's type holders.

You can read the full terms in the previous post 📄