• NettyBytes
  • Posts
  • Lending is LIVE, Transforming NFTs into Real-World Utility, Crypto.com to Delist USDT, Telegram’s 950M Users to Drive NFT Adoption

Lending is LIVE, Transforming NFTs into Real-World Utility, Crypto.com to Delist USDT, Telegram’s 950M Users to Drive NFT Adoption

This week in web3 via NettyBytes

 

NettyWorth - Manage & Borrow Against NFTs and Real World Assets.

🗞 NEWS 🤓

Source: X, DeWiCats

Transforming NFTs into Real-World Utility with DePIN

DeWiCats is an NFT project that bridges the gap between digital collectibles and real-world applications by integrating decentralized physical infrastructure networks (DePINs). By leveraging shared governance and participation, DeWiCats transforms NFTs into tools for decentralized wireless systems, mapping, and resource-sharing platforms. The project funds community initiatives through NFT auctions and DePIN hardware contributions, fostering engagement and collective decision-making. Additionally, DeWiCats introduces Airclaw, a decentralized VPN (dVPN) on Solana, providing users with secure, private internet access. Looking ahead, the project aims to expand its governance tools, staking mechanisms, and infrastructure to further enhance the utility and impact of NFTs in the Web3 space.

Crypto.com to Delist USDT and 9 Tokens in Europe Amid MiCA Compliance

Crypto.com will delist Tether (USDT) and nine other tokens in Europe on January 31, 2025, to comply with the Markets in Crypto-Assets Regulation (MiCA) framework. Users will have until March 31, 2025, to convert their assets before automatic conversion to MiCA-compliant stablecoins. The delisting follows the European Securities and Markets Authority’s (ESMA) directive to remove non-compliant stablecoins. Other affected tokens include Wrapped Bitcoin (WBTC), Dai (DAI), Pax Dollar (PAX), Pax Gold (PAXG), PayPal USD (PYUSD), and several Crypto.com staked assets.

Getgems Leverages Telegram’s 950M Users to Drive NFT Adoption in 2025

Despite a tough year for NFTs in 2024, Getgems is optimistic about adoption, leveraging Telegram’s 950 million users and the TON blockchain to drive utility-focused digital collectibles. While NFT trading volume declined by 20%, Getgems sees potential in Telegram-based NFTs like Usernames and Anonymous Numbers, which have already generated $480 million in total volume.

Telegram is also integrating Gifts, animated images that can be converted into NFTs on the TON blockchain, further boosting adoption. Even before being fully on-chain, pre-mint trading of Gifts NFTs hit $1 million, with a market cap of $10 million. Getgems believes this seamless integration will make NFTs more accessible to the masses.

📊 CRYPTO PRICES 7D 💰

Bitcoin
$102,358 -1.5%

Cardano
$0.9227 -7.4%

Ethereum
3,108.49 -5.1%

XPR
$3.06 -3.3%

Solana
$228.67 -11.1%

Avalanche
$32.69 -11.5% 

🚨 High Sale Alert 🚨

CryptoPunk #1925

Sale:
125.0000 ETH
$412,926.03

Last Sale:
Mint 2 years ago

🚨 Lending is Live on Our NFT Loan Marketplace! 🚨

You can now start requesting loans against your PFPs, Art and gaming assets. Unlock liquidity without selling! No Liquidations!

✅ Request loan offers – quick and easy
✅ Lend with confidence using NettyScore, a Web3 credit score
✅ Access cash fast – secure and decentralized

Start borrowing today 👉 nettyworth.io