The NFT market is an ever-evolving industry, with new competitors emerging and challenging existing players like OpenSea. In the past year, OpenSea has faced increasing pressure from new competitors such as LooksRare, X2Y2, Sudoswap, and Blur, causing its NFT market share to drop from 99% to 50–30%.
Blur recently launched its first round of airdrops and has started the second round, offering double points for all bidding and listing actions until April 1st. The first round of incentives has sparked a frenzy of “point farming” and revitalized the NFT market, driving up trading volume. Recently, the market has seen a surge in activity thanks to various incentives and upgrades. It is an exciting time for NFT enthusiasts and investors alike, as the market continues to grow and innovate. We can also looking forward to the upcoming Ethereum Shanghai upgrade set to launch in March.
Technical Progress
The Orderbook function’s front-end development: 1155 contracts will be supported by the Borrow module. A matching reward mechanism has been added to the contract unit test. Will continue to work on the Lend module’s UI design.
Market Data Recap
Number of XCV(BEP-20) address: 13,530 addresses
Number of XCV(ERC-20) address: 1,050 addresses
Twitter members: 57.8K
Discord members: 10,663
Telegram members: 17,719
Campaign Progress
1.XCarnival has opened a Damus account, welcome everyone to follow:
npub1h905w5g2z86j3rjh4c2sw2zta3h5glae8nv676r6s45d7kueee8s2aw4c6
2. Announced new collaboration with @JustIntel_io to hold a whitelist raffle together.
3. Announced new collaboration with @TsubasaNFT to hold a whitelist raffle together.
4. Announced new collaboration with @AristocratsByCM to hold a whitelist raffle together.
5. XCarnival announced the launch of the Ultimate NFT Trading Champion: Combo Card Craze:
https://xcarnival-lab.medium.com/the-ultimate-nft-trading-champion-combo-card-craze-c8264fb9e789
6.XCarnival attended the AMA talking about the “social dAPP/Lightning Network to Nostr” hold by Web3MQ.
Play the recording here:
7. XCarnival announced the Valentine’s surprise airdrop plan:
8. Announced new collaboration with @callingcutecat to hold a whitelist raffle together.
9. Announced new collaboration with @pleosynth to hold a whitelist raffle together.
10. XCarnival announced the winners of our Combo Cards Champion competition! Every winners will get a 10,000 $XCV airdrop rewards. Congrats!
About XCarnival
XCarnival is a Web3’s financial infrastructure protocol that deeply cultivates the NFTFi track, as well as the first asset liquidity protocol to incorporate P2P and P2Pool mortgage lending products. XCarnival launched in 2021. As the winner of Hackathon for Southeast Asia, we are dedicated to meeting the growing demand for asset liquidity and providing a broader range of simple and secure NFTFi ecological solutions. XCarnival is now on KuCoin, Gate.io, MEXC, and other DEXs.
To learn more about XCarnival, visit xcarnival.fi, follow @XCarnival_Lab on Twitter, join discord discord.gg/SnpRNMkZ2k, join Telegram t.me/XCarnivalCommunity.
