Welcome to the OpenSea digest, let's review the biggest NFT and web3 news of the week.
Azuki invites Stephen Fung to guide creative storytelling
Azuki announced this week that Hong Kong actor and filmmaker Stephen Fung has become its new creative partner. Fung, known for his works in (Tai Chi Hero) and (The Great Wall), will help shape the narrative and visual direction of Azuki's anime-inspired NFT universe.

Gunzilla Games partners with Delphi Ventures to shape the future of gaming
The shooting game Off The Grid's production company Gunzilla Games has partnered with Delphi Ventures to support the newly established GUNZ Foundation, which is reported to oversee the launch of the upcoming mainnet and token.

Understanding the Benefits of Liquid Stacking - Ecoinimist

Liquid Stacking can help diversify your #cryptocurrency portfolio. Derivative tokens allow you to invest in a wider range of #DeFi projects, thereby spreading your risk across different assets and platforms. This diversification leads to a more balanced portfolio and reduces the impact of negative performance of a single investment.
Read also: Betting or mining: which is better.
Furthermore, participating in different DeFi can expose your portfolio to different levels of risk and potential returns, further stabilizing your investment performance. In short, liquid betting allows you to build a more stable investment strategy that can withstand market fluctuations.
One of the features of liquid betting is its seamless integration with the DeFi platform. Many DeFi protocols recognize and accept derivative tokens, allowing stacked assets to be used as collateral or to participate in other financial services. This integration opens up a world of opportunity for crypto investors looking to maximize returns.
The ability to easily interact with the DeFi platform means that your stackable assets are not just sleeping, but actively participating in your asset-building strategy. It means that your reserve fund assets are not just sleeping, but actively participating in your asset-building strategy. This relationship between Stakes and DeFi represents a new frontier in cryptocurrency investing, where the boundaries of the traditional financial system are constantly being pushed.
#Avalanche (AVAX) is a blockchain platform known for its high processing power and low transaction fees. Its technological advancements and robust ecosystem are quickly gaining popularity among developers and investors Liquid Bet on #AVAX offers unique benefits, making it an attractive option for those who own AVAX tokens

Read us at: Compass Investments
#CryptoNews

As the altcoin market evolves, Rexas Finance (RXS), Avalanche (AVAX), and Tron (TRX) are emerging as potential game-changers, offering substantial growth opportunities. Here's a quick breakdown of each:
1️⃣ Rexas Finance (RXS): Revolutionizing Asset Tokenization
Presale Success: Raised $28M by selling 348M tokens.
Tokenomics: Strategic distribution fueling scalability.
Innovations: AI-powered NFT marketing, decentralized launchpad, and token builder tools.
Future Price: From $0.15 to $0.20 in 2025, with massive upside potential.

2️⃣ Avalanche (AVAX): DeFi & NFT Leader
Current Price: $52.58.
Key Strengths: Low fees, high-speed transactions, and scalability for DeFi and NFTs.
Growth Drivers: Expanding partnerships and developer adoption.

3️⃣ Tron (TRX): Blockchain for Content Creators
Current Price: $0.2916.
Advantages: Cost-efficient, high-speed transactions, tailored for creators and developers.
Adoption: Rapidly growing ecosystem with user-focused innovation.

🌟 Final Word
While XRP continues to lead, Rexas Finance (RXS), Avalanche (AVAX), and Tron (TRX) are primed to disrupt the market with innovative ecosystems and transformative growth potential. Don't miss the chance to explore these emerging altcoins!
#RexasFinance #Avalanche #Tron #AltcoinGrowth

Token meme creator Dogecoin (DOGE) Billy Marcus, aka Shibetoshi Nakamoto, was list of top 5 cryptocurrencies.
According to Marcus, the top 5 digital assets include:
Dogecoin;Bitcoin;Avalanche (AVAX);Efirium;Solana (SUN).
Billy put his brainchild at the top of the rankings Dogecoin for obvious reasons. Bitcoin came in second place because he is the father of cryptocurrencies, and эфириум и Solana made it into the top 5, as they allowed Marcus to make some good money on trading NFT and shitcoins.
The founder of the project Dogecoin turned his attention to Avalanche due to the impressive bullish rally in the cryptocurrency market, as a result of which the coin's price up by 81% over the past six months. Markus likes this digital asset because its creators are trying to solve existing problems and thus make the AVAX blockchain useful.

The Avalanche network's main value is that it is a foundation for developing custom blockchains and decentralized applications. This makes AVAX competitive with Ethereum, but it is more than 24 times smaller than ETH in terms of capitalization. However, the chatbot Chat GPT believes in the high potential of Avalanche and advises invest 5% of your capital in this coin. It is noteworthy that Dogecoin there was no room in the virtual assistant's dream crypto investment portfolio.

#Avalanche #Dogecoinnews
Expert Insights, Price Analysis, and the Latest News on Happy Coin News.

With blockchain technology rising in global prominence, developers are creating innovative solutions like the Avalanche network (AVAX) to address scalability, usability, and interoperability issues
AVAX employs unique consensus mechanisms, including Avalanche consensus, facilitating rapid transaction processing and high throughput. This approach ensures decentralization, security, and seamless user experiences.
Avalanche is an innovative contract blockchain that prioritizes high transaction speeds, lower fees, and eco-friendliness. Its primary goal is to deliver a highly scalable, decentralized, and secure blockchain ecosystem. The platform equips users with tools and features to launch decentralized finance (DeFi) applications (dApps), create digital financial assets, and develop enterprise financial solutions.
At its core, Avalanche boasts the fastest smart contracts blockchain technology within the cryptocurrency industry. This cutting-edge technology is fueled by its native token, AVAX, and supported by various consensus mechanisms. Let’s delve deeper into understanding the workings of the Avalanche network.
Origin and Development of Avalanche Technology and Network Architecture
Avalanche technology was initially proposed in May 2018 by a group known as Team Rocket, who recommended the protocol via the Interplanetary File System (IPFS). This technology was further developed by Emin Gün Sirer, a software engineer and Cornell professor of computer science, along with his two doctoral students, Kevin Sekniqi and Maofan “Ted” Yin. Ava Labs publicly released AVA (Avalanche codebase) in March 2020 and subsequently launched the Avalanche platform later in the same year, following a successful $6 million financing round.

The Avalanche network is an innovative three-blockchain system with an impressive architectural design. Each of the three blockchains within the platform is designated to perform specific tasks. By distributing tasks across these distinct blockchains, the Avalanche platform achieves agility, enabling scalability, decentralization, and enhanced security.
Avalanche Network: Blockchain Functionality
Avalanche’s C-chain operates on smart contracts and is compatible with the Ethereum Virtual Machine (EVM). This compatibility with EVM allows developers to deploy their Ethereum smart contracts on Avalanche, facilitating the creation of decentralized applications (dApps) and decentralized finance (DeFi) solutions. Developers can utilize Avalanche features by deploying Ethereum smart contracts on Avalanche while utilizing Ethereum developer tools.

The Avalanche P-chain utilizes the Snowman consensus protocol, enabling developers to create both Layer 1 and Layer 2 blockchains, referred to as subnets. The P-chain serves as the default subnet, accessible to all users. It manages Avalanche subnets by overseeing validators, although the subnets validate the P-chain.
Meanwhile, the X-chain, leveraging the Avalanche consensus protocol, generates and transacts Avalanche assets. Typically, the Avalanche native token (AVAX) is used to cover all transaction fees. Even when transacting with other Avalanche tokens like JOE or PNG, transaction fees are paid in AVAX.
Avalanche Network: Addressing Blockchain Challenges
Older blockchain platforms like Ethereum and Bitcoin relied on Proof-of-Work consensus mechanisms and struggled with low transaction processing speeds, handling only 25 and 7 transactions per second, respectively. In contrast, the Avalanche network resolves these issues by achieving transaction processing speeds of up to 4,500 transactions per second.
Interoperability and Innovation: Despite the emergence of new blockchain technologies, interoperability remains a challenge as many blockchains struggle to communicate effectively. Avalanche addresses this issue by supporting the creation and trading of various cryptocurrencies, enhancing interoperability across the ecosystem.
Layer 2 Functionality and Enterprise Solutions: Avalanche introduces a range of layer 2 blockchains to enhance its functionality, making it attractive to enterprises and businesses. The platform’s focus on improving network flexibility, security, and sustainability further solidifies its position as a leading blockchain solution.
Benefits and Market Dynamics of Avalanche (AVAX)
Unique Design and Usability: Avalanche presents significant benefits through its unique structure, notably in terms of usability. The network’s straightforward usability has proven helpful across various use cases, simplifying adoption and implementation for users.
Scalability and Processing Capacity: Avalanche stands out as a robust and scalable network capable of processing up to 6,500 transactions per second, far surpassing Bitcoin and Ethereum’s capabilities. With sub-second transaction times and impressive processing capacity, Avalanche provides the scalability required for blockchain networks to thrive.
Interoperability and Data Sharing: A key advantage of Avalanche is its support for interoperability, allowing distinct blockchains to share data and operate seamlessly. This feature sets Avalanche apart as one of the few platforms enabling users to trade different cryptocurrencies within a unified network.
Value Proposition and Market Dynamics: AVAX derives its value from the technical prowess of the Avalanche network, its diverse range of use cases, and its relevance in decentralized finance (DeFi) and decentralized applications (dApps) sectors. However, the cryptocurrency’s intrinsic value, particularly in financial use cases, does not always align with its market value.
Market Volatility and Current Status: The market value of AVAX, like many cryptocurrencies, is subject to fluctuations due to the volatile nature of the crypto market. Prices can change rapidly within short periods. Presently, AVAX’s market value stands at $20.78, with a market capitalization of $7.59 billion.
In Summary:
Avalanche is emerging as a major competitor to Ethereum, offering speed, reliability, and interoperability for supporting decentralized applications and autonomous blockchains. For investors, this suggests that AVAX is a promising cryptocurrency investment with a bright future ahead.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#avalanche #AVAX

Details on the potential effects of Durango on various parts of the network have been made public by Avalanche. On Tuesday, February 13, 2024, at around 11 a.m. ET, the Fuji testnet will go online with the introduction of Durango, a planned upgrade to the Avalanche network. The upgrade's pre-release code has already been provided by the Avalanche Labs engineering team. Core Stake, developer accountability, and staking migration might be impacted.
First things first, the Avalanche Wallet is now in charge of the staking feature. Durango, on the other hand, would soon render that feature obsolete. Nevertheless, the site will continue to function until March of the current year, when it is designated for deprecation. Staking will no longer be supported in Avalanche Wallet or any future versions that are developed from it when Durango is released. This is because there is currently no support for the new permissionless transaction types.
The recommendation is to go to Core Stake. Validators utilizing Fuji might benefit from this alternative. Since Core Stake is compatible with the new transaction type, it will continue to function even after Durango is released.
A developer's duty is to ensure that Avalanche JSv1 is continuously maintained. Fork creators of Avalanche Wallet, this is for you. The fact that Durango does not work with older forms of transactions is the main cause here.
On February 2, 2024, the pre-release code for a planned Avalanche Network update was published. Their records show that Patrick O'Grady, VP of Engineering Platform at Ava Labs, is the one who shared it. Welcome to the Avalanche Interoperability Age! The pre-release code has been published, and it has been praised.
The Avalanche ecosystem is now focused on learning how Durango affects the Avalanche Web Wallet in a practical sense.
But it isn't the only thing that the Avalanche community is hoping for. This year, Avalanche Summit will be back, as confirmed by Avalanche. In October of 2024, Buenos Aires, Argentina will host the event. You may apply for a speaking engagement, sponsorship, or purchase tickets on the official website.
Some of the firms that have supported Avalanche Summit in the past include Chainlink, Circle, The Graph, Fireblocks, and VNTR Capital.
Currently, there is a bullish wave affecting Avalanche's native coin, AVAX. As this post is being written, its price is $34.30, a 0.44% increase over the previous 24 hours. Additional declines of 0.31% and 0.73% during the last week and thirty days, respectively, are reflected in the value. A 0.44% increase in market value is accompanied by a 2.44% decrease in 24-hour volume.
Changes are inevitable with the release of Durango, an update to the Avalanche Network. What this means for developers and how it affects Avalanche Web Wallet are both open questions.
#Write2Earn #TrendingTopic #TradeNTell #avalanche