![]() This comes amid a recent spate of Squid Game-related scams and malware schemes, as cyber criminals look to lure fans. The Squid Game platform also offers Marbles Pools - yet another reference to the show - wherein holders can earn tokens through staking, which is putting up their cryptocurrency holdings as collateral to earn passive income. Download this Premium Vector about Coinbase cryptocurrency stock market name on dark blue background crypto stock exchange banner for news and media vector. If you want to take part in the final game of the tournament, you'll have to pay 15,000, or $33,450, and purchase an NFT.Įntry fees from each of the rounds are split between developers (10%) and the reward pool (90%). Gameplay doesn't come cheap, especially at current prices. Some of these NFTs feature characters from the show, including the guards who wear full-body reddish-pink suits (the exact coloring has prompted a heated debate among show fans) and black masks covering their entire face. Players will, however, have to pay a preset price in squid tokens in order to participate in each game, and some rounds also require users to purchase a custom-made NFT, available for sale on their website. But unlike its Netflix counterpart, the company said "we do not provide deadly consequences apparently!" The online tournament, which launches in November, mimics the six rounds of games featured in its namesake TV show. The squid token was launched as the exclusive coin of the Squid Game project - a crypto play-to-earn platform. The meme-inspired shiba inu coin, for example, has doubled in price in the last week. For example, Bitcoin’s ticker symbol is BTC, while Ethereum’s ticker symbol is ETH. 20 and apparently "sold out in 1 second," according to its white paper, joins a list of other parody cryptocurrencies that have witnessed big run-ups for no particular reason, other than good publicity. In essence, a ticker symbol is the short combination of letters that is used to represent an asset, stock, or cryptocurrency token on various exchanges, swapping services, and other DeFi solutions. Netflix told CNBC it has nothing to do with the currency and doesn't endorse it. Disclaimer search Compare to Ether (ETH / USD) 1,834.50 ETH1.91 Litecoin (LTC / USD).It is unclear why some users are unable to sell their tokens, but the white paper describing the coin does lay out an anti-dumping technology that prevents people from selling their coins if certain conditions are not met.ĬNBC reached out through contact information listed on the Squid website to ask whether the developers were aware of the problem and working to fix it, and didn't immediately hear back. Home BTC / USD Cryptocurrency Bitcoin to United States Dollar Follow 27,513.70 May 15, 6:05:00 PM UTC CoinMarketCap has issued a warning, saying that it's received "multiple reports" that users are not able to sell this token on Pancakeswap, a popular decentralized exchange. However, those interested in taking part may want to exercise caution before jumping into trading squid. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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