Play to Earn

Play to Earn token Play to Earn token

Menu
  • Virtual Worlds
  • Digital Collectibles
  • Crypto Art
  • Blockchain Gaming
    • Action
    • Esports
    • Puzzle Games
    • Racing Games
    • Role Playing Games
    • Sports Games
    • Strategy
    • Trading Card Games
  • DeFi
  • F.A.Q.
    • What are Blockchain Games?
    • What are NFTs or Non-Fungible Tokens?
    • What’s the Metaverse?
    • What’s the Play-to-Earn Business Model?
    • What’s Interoperability?
    • Setting Up a Wallet
Menu
Lindsey Lohan NFT Rarible

Lindsay Lohan Launching NFTs on Tron Blockchain

Posted on 2021-03-182021-03-18 by Robert Hoogendoorn
Justin SunLindsay LohanNFTsTron blockchain

Hollywood celebrity Lindsay Lohan will continue her career in NFT collectibles on the Tron blockchain. She’ll be speaking about the announcement later today in a Clubhouse conversation together with Justin Sun. Lohan dropped NFT art on Rarible earlier this month, after which the actress openly promoted Ethereum, Bitcoin and Tron.

Lindsay Lohan will make her NFTs on the Tron blockchain following the TRC-721 protocol, which is basically a direct copy of the ERC-721 NFT standard on Ethereum. Like many things on the Tron blockchain, to be fair.

Sun and his team will create a platform where influencers and fans interact through NFTs. According to Blockonomi there will be gamified activities and social media features. If there’s something like that on Ethereum, we can be sure it serves as an inspiration for team Tron.

NFTs Beyond Ethereum

When we talk about NFTs, we mostly talk about the Ethereum blockchain. However, with Wax and Flow there are two serious contenders in the space. NBA Top Shot is the biggest NFT project in the world with 83.000 active users per day, while Wax offers easy and cheap minting and distribution services as well. Recently the Tezos blockchain also introduced an NFT standard, just as Tron did.

Ethereum can’t handle the hype, and as a result people need to pay 20 dollar to transfer a 50 dollar artwork or collectible. That’s why decentralized finance (DeFi) is now seeing major growth on Binance Smart Chain, because it’s so cheap to operate there. Ethereum is in desperate need of proper layer-2 solutions, like Immutable and their zk-rollups or at least using Polygon and Ronin as a sidechain option.

After minting her first NFT on Rarible, Lohan sold it within hours for 10 ETH. Which was 17 thousand dollar at the time of the sale. The buyer flipped the artwork and sold it to DeFi whale 0x_b1 for 30 ETH. Interestingly, he burned the artwork by sending it to the 0x0000000000 address.

What are NFTs?

An NFT is basically a digital thing that you actually own. Something that you can trade, sell, use, or in case of the Lindsay Lohan NFT… burn. NFT is the abbreviation for non-fungible tokens, which are tokens that signify ownership over unique digital assets. These assets can for example be items in a game, crypto art, or digital collectibles. In addition it could also be a ticket for a cinema or perhaps a subscription for public transit. The usability of NFTs doesn’t end with gaming, it only starts there.

A non-fungible token can’t be swapped one-on-one with another non-fungible token. It represents something unique. That’s why non-fungible tokens can be based compared with rare art, an owned house or a signed mint edition of a certain comic book. These products are unique and in the same way a non-fungible token is unique as well. This gives non-fungible tokens also an unique value that only represents that one specific token. A deeper explanation about NFTs is something you can find here.

A trading card game based on the famous television series!

Gratz! You may have earned some PLAY tokens!

PLAY is a token that’s community members can earn by contributing, sharing knowledge and learning about blockchain games. Right now you’ve read an article on Play to Earn Online Magazine, and you’ve learned a bit more about blockchain gaming. Therefore you will receive a reward. Claim this reward and create a Roll wallet, and join our community on Discord! — note: there’s a limit amount of PLAY drops available in each post. First come, first serve.

Robert Hoogendoorn
Robert Hoogendoorn

Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn and for a variety of third party magazines and websites.

Share this article with your friends:

Related Posts:

  • 30 Blockchain Games To Keep an Eye on in 2021
    30 Blockchain Games To Keep an Eye on in 2021
  • 10 Success Ingredients for Virtual Worlds in Metaverse
    10 Success Ingredients for Virtual Worlds in Metaverse
  • Play to Earn: Making Money Mining in Alien Worlds
    Play to Earn: Making Money Mining in Alien Worlds
  • What's the Metaverse?
    What's the Metaverse?

Overview: Best Play-to-Earn Games

play to earn games crypto token nfts

Trending topics

  • playtoearn alien worlds header Play to Earn: Making Money Mining in Alien Worlds
  • alien worlds planet binance Planet Binance Integrated into Alien Worlds
  • alien worlds artwork portal nft drops How to Transfer TLM from Wax to BSC
  • blockchain games 2021 header artwork 30 Blockchain Games To Keep an Eye on in 2021
  • Rplanet mars artwork spaceship R-Planet Landowners Can Earn Land in Uplift World
  • Alien Worlds Binance Smart Chain Teleport Alien Worlds Builds Teleports to Binance Smart Chain
  • crazy defense heroes TOWER xp rewards Earn TOWER Token Soon in Crazy Defense Heroes
  • conquest ethereum onchain strategy game header On-chain Strategy Game Conquest.eth Coming in May
  • guild of guardians artwork 1 Guild of Guardians Combat Gameplay Detailed
  • alien worlds shining NFT Upgrading Digital Assets in Alien Worlds Explained

What are NFTs?

non fungible tokens header - league of kingdoms sorare six dragons

What is the Play-to-Earn Business Model?

play to earn header - axie infinity league of kingdoms fiat bitcoin

Play to Earn Online Magazine 

We are citizens of the metaverse. Providing news and editorial content about blockchain gaming, crypto art and non-fungible tokens since January 2020. Part of the Play to Earn Community and media partner of the Play to Earn Game Festival.
Disclaimer || Privacy Policy

Contact

Robert Hoogendoorn 
robert AT nederob NL
nederob#9458 (Discord)

Tip us:

Universal wallet: playtoearn.crypto
ETH | 0x4ccadb03b6d53273e565732f0a472dde82365201
BTC | 34CpoxRwJzEzBg7D6DtXTbkUVvzPXyTbKQ
LTC | LV2CaMFL7LszxSXTgvrroaebXTFgkEf3Kz
WAX | bxzqu.wam
TRX | TKKZvEr8VvrX27jQa52635Xq7SafJAdRCu

©2021 Play to Earn | Design: Newspaperly WordPress Theme