The PENGU Spot ETF is the first NFT-based crypto ETF application, as Canary Capital aims to merge NFTs and DeFi—will the SEC approve this groundbreaking move

January 2024 marked a pivotal point in the crypto industry: the US Securities and Exchange Commission (SEC) approved a bunch of 

 (ETFs) after a decade of resisting it. Later that year, several Ethereum (ETH) Spot ETFs were also approved. These early successes encouraged investment funds focused on digital assets to seek approvals for other 

 (AVAX) and other high-cap cryptos have ended up on the SEC's desk in recent months.

Until Mar 20, 2025, one thing had never occurred: an 

-based crypto ETF application. Such a move was thought to border on impossibility, given how stringently and at length the SEC evaluated ETF applications even for established fungible cryptos. And yet, the Canary Capital investment manager submitted an application to the SEC for approval of the first NFT-focused crypto ETF product, the PENGU Spot ETF, triggering a mini-revolution in the emerging space at the junction of crypto and traditional finance.

If approved, this ETF will be the first of its kind in the industry, based on a mix of 

. Many observers expect Canary Capital to struggle mightily for SEC endorsement of its revolutionary product. Nevertheless, the SEC now has a track record of approving crypto ETFs — which raises hopes for both the altcoin ETFs mentioned above and the PENGU Spot ETF application.

The PENGU Spot ETF is a proposed exchange-traded fund (ETF) product introduced by the Canary Capital investment management firm, and is currently awaiting approval by the SEC. 

 on Mar 20, 2025, making this the first crypto ETF product with an NFT component that’s vying for the approval of America's primary financial regulator. The ETF has been registered in the US state of Delaware.

The Pengu Spot ETF's portfolio is envisioned as consisting primarily of PENGU tokens that will make up anywhere between 80% and 95% of total assets held, with the rest allocated to Pudgy Penguins NFTs. Small portions of Solana's SOL coins and Ethereum's ETH tokens will also be included in order to facilitate transactions and liquidity support, as PENGU tokens are mainly issued on the Solana blockchain, and Pudgy Penguins NFTs are an Ethereum-based collection. 

Since Canary Capital will hold these assets and periodically rebalance the portfolio, gas fee payments on Solana and Ethereum will apply, with fees paid in SOL and ETH, respectively.

Launched in 2021 on Solana, the Pudgy Penguins NFT collection consists of 8,888 items, each depicting a cute penguin with a distinct combination of five different traits. In December 2024, the project introduced a related fungible cryptocurrency, the Ethereum-based PENGU token. As of Apr 2, 2025, PENGU is a smaller-cap asset, ranked 191st in the crypto market, with a total 

 of $319 million. In contrast, Pudgy Penguins are among the leading projects in the NFT space, ranked second among all NFT collections, with a market cap of $155 million.

Canary Capital's application to the SEC is unique in two ways: it’s the first ETF with an NFT component, and it marks the first time ETF approval has been sought for a relatively smaller-cap cryptocurrency, PENGU, which isn’t even among the top 100 crypto assets by market cap. All of the other crypto ETF applications approved by the SEC (or currently vying for approval) are based on high-cap, leading assets that are typically ranked within the top 30.

As of Apr 2, 2025, the SEC has had the application for the PENGU Spot ETF application for just two weeks. The regulator has up to 240 days to review such applications, although historically, the SEC has pondered over crypto ETF applications for years. Now, however, the string of Bitcoin and Ethereum Spot ETF approvals in 2024 raises hopes that newer submissions may be subject to an already established evaluation framework — and thus greenlighted much faster.

At the moment, the SEC is also considering spot ETF applications for several high-cap cryptocurrencies, including Dogecoin, Solana, Polkadot, 

 (XRP). If the regulator decides to approve the applications in batch mode — all or several at once — Canary Capital will have reason to hope that its ETF is included.

However, there's been skepticism regarding the PENGU Spot ETF application, with some analysts believing that its chances might differ from those of the larger, more established altcoin ETFs. This isn't surprising, as a PENGU Spot ETF would be a distinct product, being the first NFT-focused ETF. In addition, NFTs have more limited liquidity than fungible cryptocurrencies. 

NFTs may also be harder to valuate objectively. The prices of fungible cryptos are easily sourced from the crypto market, where supply and demand establish their value. In contrast, the limited liquidity and uniqueness of NFTs makes it much harder to price them efficiently.

Moreover, the PENGU token — which will make up most of the proposed ETF — isn't among the most traded assets in the crypto market. Because PENGU has a modest position in the crypto space (along with its origins as a 

), the SEC could view it with more skepticism than it does the leading altcoins.

Naturally, all these factors are just speculation at this point, and we’ll need to wait on the SEC’s initial comments regarding the first NFT-based ETF under their consideration in order to form a more defined view of the product's prospects for approval.

Current impact of the PENGU Spot ETF application on the crypto market

The news of the PENGU Spot ETF application has so far had no appreciable impact on the price of the PENGU token itself. On the day of the application (Mar 20, 2025), the token was trading at around $0.007. Two weeks later, it's still hovering around the same price. 

On the other hand, there's been a modest increase in the average price of Pudgy Penguins NFTs traded on the market: between March 20 and 28, the average price rose by 16% from around $16,450 to $19,120, though it has since retraced slightly to $17,490 as of Apr 2.

Given the modest price effect, investors are likely still cautious about the chances for the PENGU Spot ETF's approval.

However, if it is approved, the broader impact on the crypto market could be far-reaching, as such a step would signify the SEC's openness to both NFT-based ETFs, and ETFs made up of smaller-cap cryptocurrencies, including meme coins. The number of tokenized asset funds that offer NFT-based products would then be likely to increase significantly, facilitating mainstream NFT adoption within traditional financial markets.

An SEC approval of the PENGU Spot ETF may lead to a flurry of further ETF applications based on NFTs in some form. This could even include the first ETFs composed entirely of NFTs. Other crypto asset types — e.g., 

 (RWAs) — may also become candidates for the SEC’s consideration. Furthermore, in the unlikely event that Canary Capital’s PENGU Spot ETF were to be approved ahead of the altcoin spot ETFs currently in the SEC’s pipeline, it would send a very strong signal that those ETF applications are also a sure bet.

The current PENGU Spot ETF application is a pioneering event that may open up opportunities for NFT ETFs and other crypto ETFs based on partial NFT holdings. Although the SEC approved multiple Bitcoin Spot ETFs in early 2024, few people expected an NFT-based ETF to emerge so soon afterward. Probably even fewer expected a meme coin–based ETF to be taken seriously by the SEC. Unique in so many ways, the PENGU ETF flips the entire concept of traditional ETFs on its head.

Canary Capital's attempt to get approval for an NFT-backed ETF is truly a bold undertaking, though observers said the same thing about 

 just a few years ago. Someone needed to become a trailblazer in this area — and Canary Capital has taken up the noble role without hesitation. Now, all eyes are on the SEC as it prepares to weigh in on a product it has never before encountered.

Intermediate

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PENGU Spot ETF: A bold move for NFT investing — or just hype?

In this article, we break down what to expect from Liberation Day and how it could shape the outlook for equities, the US economy and crypto markets.

 April 2, 2025 as "Liberation Day" — a moment he claims will restore America's trade fairness through sweeping reciprocal tariffs. With few concrete details confirmed, global markets remain on edge. Investors are bracing for the economic fallout of a potential trade war, and crypto traders are watching closely to assess the impact on digital assets. In this article, we break down what to expect from “Liberation Day” and how it could shape the outlook for equities, the US economy and crypto markets.

Since returning to the White House in January 2025, President Trump has prioritized reshaping US trade policy with a renewed focus on tariffs. His administration has already announced 

 on all steel and aluminum imports. Many of these actions take effect this week, coinciding with his so-called Liberation Day.

Trump argues that tariffs are a necessary tool to reduce the US trade deficit and force foreign nations to stop what he calls "economic warfare" against the American worker. Treasury secretary Scott Bessent 

 countries with persistent trade surpluses — dubbed the 

 — as primary targets for reciprocal tariffs. These include China, the EU, Canada and Mexico.

However, critics point to the growing risk of a global trade war, with multiple partners already threatening or initiating retaliatory measures. Goldman Sachs recently 

, citing declining business confidence and mounting economic uncertainty. The tariffs, designed to protect US industries, could instead raise prices and weigh on consumer spending.

What to expect from Trump's ‘Liberation Day’ announcement

Trump is expected to reveal his tariff plans in a Rose Garden press conference on April 2. White House press secretary Karoline Leavitt 

 that the president would impose tariffs on "any country that has treated the American people unfairly" — though no nation-specific exemptions have been confirmed. Trump has promised these reciprocal tariffs will be 

While final details remain under wraps, proposals have included both country-wide and sector-specific tariffs. These could range from uniform, percentage-based levies to targeted charges on industries like pharmaceuticals, semiconductors and autos. Trump's advisers, including Trump trade adviser Peter Navarro and commerce secretary Howard Lutnick, claim the new tariffs could generate over $600 billion annually — though many economists dispute this figure.

Delayed tariffs on Canadian and Mexican imports, 

 in early March, are also set to take effect this week. These include taxes on agricultural products, energy goods and automotive components. Trump has also 

 a 25% tariff on imports from countries that purchase oil or gas from Venezuela.

Given the administration's conflicting signals in recent weeks, there's a wide range of potential outcomes. Whether “Liberation Day” ushers in immediate enforcement, additional delays or future negotiation rounds remains to be seen. For now, uncertainty reigns.

Potential impact on the US economy and global markets

Economists warn that broad-based tariffs could lead to slower US growth, higher consumer prices and widening inequality. Goldman Sachs now 

 Trump's trade policies to reduce annual GDP growth to 1.5% from 2%, while the odds of a recession are being raised from 20% to 35%.

Global equity markets have already shown signs of stress. European and Asian indices dipped ahead of “Liberation Day,” while the S&P 500 and Nasdaq-100 

 in March (respectively). Auto manufacturers, tech firms and retailers could be especially vulnerable if tariffs disrupt global supply chains.

There's also the question of the Federal Reserve's response. With inflation risks rising, policymakers may hold off on anticipated rate cuts, further complicating the economic outlook heading into Q2.

How will ‘Liberation Day’ affect the crypto industry?

Crypto markets have mirrored broader risk sentiment over the past quarter, with investors reducing exposure amid macroeconomic turbulence. As of April 1, the 

 is down 16.9% year-to-date. Bitcoin has fallen 10.48%, Ethereum 44.2% and Solana 33% — despite reaching new highs in January on hopes for pro-crypto policies from the Trump administration.

Investor optimism has since cooled as recession risks, inflation concerns and policy unpredictability drive a risk-off mood. Bitcoin dipped to $81,656 over the weekend, marking its weakest Q1 since 2018. Traders remain cautious ahead of “Liberation Day,” awaiting clarity before opening new positions.

“Liberation Day” could further weigh on crypto prices if market volatility increases and capital rotates out of risk assets. However, some analysts believe any resulting sell-off may offer an opportunity to 

 — especially if Trump follows through on crypto-friendly regulation later this year. For now, though, many eyes are on April 2.

With details still unknown, the crypto market remains in a "wait-and-see" phase. “Liberation Day” could mark a turning point — for better or worse — depending upon the scope and execution of Trump's tariff agenda.

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Trump's 'Liberation Day': What it means for crypto markets

Grayscale has filed to convert its private Digital Large Cap Fund, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, into a publicly available exchange-traded fund (ETF). 

Daily top performer — Compound Finance (COMP)

The S&P 500 rose 0.38% as investors awaited new tariffs amid weak factory data and declining job openings. Gold eased to $3,113 after hitting a record high, driven by profit-taking ahead of Trump's tariff announcement, but remains strong due to safe-haven demand and economic uncertainties. The Coindesk Indices, which tracks the broader crypto market, are up by 1.30%, with Bitcoin and Ether are up 3.10% and 5.19%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is COMP, up 14.3%, following the proposal for the creation of a foundation to ensure consistent leadership and coordination by Compound.

Compound Finance (COMP), launched in September 2018, is a DeFi lending platform that allows users to earn interest on crypto assets. Built on smart contracts, it adjusts interest rates based on supply and demand, connecting lenders and borrowers without intermediaries. In June 2020, Compound decentralized with the launch of COMP and full governance transfer. However, it lacks a core operational pillar. With Compound v4 development and increased community engagement, the need for consistent leadership has grown. To address this, Compound Labs 

 creating a Compound Foundation for structure, clarity, and coordination, similar to other ecosystems like Uniswap.

Check out the latest prices, charts, and data of 

 to convert its private Digital Large Cap Fund, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, into a publicly available exchange-traded fund (ETF). The fund, which currently holds 79.4% Bitcoin and 10.69% Ethereum, has grown by 478.83% since its launch in 2018. The conversion would allow everyday investors to access the crypto market, covering about 75% of the digital asset market cap. If successful, it would eliminate the current barrier that restricts access to accredited investors. The filing is still in progress, with management fees and other details pending.

Yesterday, BTC spot ETF had a total outflow of $157.8 million, with GBTC seeing a loss of $10.1 million and non-GBTC products losing $147.7 million.

 that its airdrop might be approaching, with a claim page now live. Registration for the airdrop runs from April 2 to April 17, and claims are expected to open on April 22. However, nothing has been officially confirmed yet. Stay tuned for updates.

Beginner

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Grayscale files to convert digital large cap fund into publicly accessible crypto ETF

In this guide, we'll dive into how to trade crypto with the Bybit app, a convenient and feature-rich platform. Explore spot and derivatives trading for beginners on the Bybit app.

Welcome to our step-by-step guide on trading using the Bybit app. In this article, we’ll walk you through everything you need to know — from downloading the app and setting up your account to executing spot, margin and derivatives trades. Bybit is a leading cryptocurrency exchange that offers a fully localized and user-friendly mobile experience, making it easy for both beginning and seasoned traders to manage their investments seamlessly.

First, download the Bybit app from the App Store (iOS) or Google Play (Android). Once you’ve installed the app, open it and select your preferred language.

 and register using your email address or phone number. Complete the verification process by submitting your mainland Chinese ID or passport as required. This step is crucial to ensure your account is secure, and to unlock higher withdrawal limits.

After verifying your identity, head over to the 

 tab to fund your account. You can directly deposit cryptocurrencies like BTC or USDT. Our 

 (UTA) streamlines fund management, allowing you to trade seamlessly across different markets without the hassle of multiple wallets.

Spot trading with Bybit lets you buy or sell cryptocurrencies at current market prices with immediate settlement.

To begin, log in to the app and tap on the 

Choose your desired trading pair, such as BTC/USDC or ETH/USDT, from the list.

 lets you specify a price at which you want to buy or sell. 

Enter the amount you wish to trade, review the details and confirm your order.

Once your order is executed, monitor its status in the 

Bybit has an intuitive interface that displays real-time updates, so you can track your trades anytime with ease. 

How to execute a spot margin trade with the Bybit app

For traders looking to leverage their positions, Bybit offers a spot margin trading feature that allows you to borrow funds to increase your buying power. Start by logging into your account and tapping on 

Choose a trading pair, such as ETH/USDC, which supports margin trading with leverage options of up to 10x. 

Once your trading pair is selected, you’ll need to select the margin amount (e.g., 

 at which you want your limit order to execute.

You’ll also see several other important metrics, such as 

Enter the amount you wish to trade, and then carefully review all of the details.

After confirming your order, your margin trade will be executed. You can track your position in the 

 tab, where you can also set up stop-loss or take-profit orders to manage risk. 

How to trade derivatives with the Bybit app

Bybit also offers derivatives trading, which allows you to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. Derivatives include Futures and Perpetual contracts, which can be traded with leverage, sometimes up to 100x.

To start, log in to your account and tap on 

Set your desired leverage (e.g., 50x) and choose between 

 margin modes, based on your risk preference.

 (if using limit or conditional orders) and 

Once you’re satisfied with your parameters, confirm your order and your position will appear in the 

Trading with the Bybit app offers numerous advantages that make managing digital assets both efficient and secure. The platform’s user-friendly design, high-speed execution and comprehensive risk management tools cater to traders of all levels. Our Unified Trading Account (UTA) streamlines fund management by consolidating assets for spot, margin and derivatives trading under one account, which reduces operational complexity and enhances overall efficiency. This streamlined approach lets you focus on strategy rather than logistics.

Additionally, Bybit’s state-of-the-art security measures — such as multi-factor authentication, regular independent audits and cold storage of assets — ensure that your transactions are conducted safely and transparently. With an interface designed to minimize distractions and provide real-time data, you can quickly monitor market movements and adjust positions. 

Our commitment to a secure and reliable trading experience is evident in our continuous improvements and proactive customer support. These features empower you to make informed trading decisions, fostering confidence in your ability to navigate the dynamic crypto market.

Bybit delivers a secure, robust and intuitive mobile platform that simplifies cryptocurrency trading for everyone. In this guide, we’ve explored how to set up an account, fund it and execute various types of trades — spot, margin and derivatives — using a fully localized and user-friendly interface. Our Unified Trading Account and comprehensive risk management tools ensure a smooth trading experience so you can focus on growing your investments.

Looking ahead, Bybit remains dedicated to innovation and excellence in the crypto industry. We continually refine our platform, based on user feedback and market trends, ensuring that you have access to the latest tools and features. Our commitment to transparency and security underpins everything we do as we build trust and empower traders. 

How to trade spot crypto on Bybit app.png

How to trade with the Bybit app

Bybit Learn

Metaverse

Galaxy Arena is a decentralized metaverse that boasts an interactive hub for users to play, move, learn, dance, sing and participate. Find out more here.

 (M2E) concept has garnered a great deal of attention ever since it was first conceptualized, due to its unique proposition of incentivizing people to keep fit. However, many of the M2E projects thus far only involve the usage of fitness trackers to measure an individual’s steps per day. A certain amount of crypto tokens are then awarded to the individual. 

 takes it a “step” further by incorporating 

 elements into their program, giving users a more immersive VR experience as they move to earn. However, Galaxy Arena doesn’t stop there: They also highlight other X-to-Earn (X2E) concepts in their program, offering users a variety of activities while they’re in the metaverse. 

Excited to learn more about how Galaxy Arena

is spicing up the X2E space? Let’s take a look at Galaxy Arena and its unique fitness metaverse experience. 

Galaxy Arena is a decentralized metaverse that boasts an interactive hub for users to play, move, learn, dance, sing and participate. With over 100 partnerships, Galaxy Arena is growing fast. It makes use of virtual reality (VR) and state-of-the-art graphics to provide users with an immersive experience unlike any other, as they embark on various activities and earn rewards.

Providing Real-World Solutions in the Metaverse

Galaxy Arena was created to solve multiple problems commonly faced by people in the real world. Many people who would like to keep fit in the gym often experience issues such as having to wait for workout equipment, full classes, operating hours that don’t suit their schedule and sanitation challenges (before and after Covid). Some people also don’t like the idea of being watched by others as they work out. 

With the creation of Galaxy Arena, fitness junkies no longer have to wait around for equipment to become available because they can work out anytime they want in the comfort of their own home — and attend classes with no size limitations. Their actions are captured by Galaxy Arena’s groundbreaking volumetric motion-capture technology, and in return, users earn rewards in the form of ESNC tokens. Users can choose to purchase all-access pass NFTs to earn even more rewards.

There’s no need to worry about sanitation because participants are using their own workout equipment. And to make the experience more enjoyable and immersive, Galaxy Arena offers users the chance to work out with VR and AR (

Other than working out, users can also look forward to meeting other like-minded individuals and attending events without having to travel at all. 

The Galaxy Arena Entertainment Venue features 30,000 square meters of digital space, spanning seven floors. Each level is filled with unique amenities, attractions, functionalities and experiences to keep users entertained. 

The Main Floor is where users can watch pay-per-view broadcasts of real-world concerts, MMA fighting events, stand-up comedy, exhibitions, talks, fashion shows and more. These performances are captured with motion capture technology, giving you a life-like experience even when you’re watching from home. And the best part? Users will be able to enjoy a high-quality, unblocked view of the performances.

The Sub Second Floor is where corporations and high-end participants can rent private booths and watch performances in a luxurious setting. Private booths enable corporations to do their own brand advertising, while guaranteeing them privacy and a great quality of service without disruptions. Note that these booths are limited in supply and are only seasonally available, so if you’re interested in booking one, be sure to do so as early as possible.

The Third Floor is where users can find lounges, shops and boutiques available for them to hang out and shop at. You can even choose to purchase a plot of land on this floor, and open your own online store. The Third Floor is one of Galaxy Arena’s most visited places, so you’re bound to enjoy high traffic at your store. 

Instead of paying for an expensive membership to visit a regular gym in the real world, consider visiting Galaxy Gym instead — and get paid for working out! While you still have to pay for a gym membership at Galaxy Gym, the fees are much lower, and you’ll gain access to an abundance of benefits, such as being able to use the gym whenever you want in the privacy of your own home. 

Galaxy Arena’s monetary rewards system and abundance of interactive health and fitness mini games will keep you coming back for more. Some of the activities include boxing, jogging, weight training and dancing. As you exercise and complete fitness routines, your progress is tracked and you’re rewarded with ESNC (“Essence”) tokens for every milestone reached. Note that your Galaxy Arena NFT characters do lose health and stamina, and the only ways to replenish these are to work out in real life or purchase upgrades. Your equipment also has a limited time use before it deteriorates, so you need to regularly purchase upgrades to keep using it.

Other than exercising on your own, you can engage a private trainer to help you reach your fitness goals, or participate in group sessions for stretching, yoga, reflexology and more.

Galaxy Tower is a real estate development with 20,000 unique NFT units for luxury suites, lounges, office spaces and digital real estate. While there are no available units on the top floor (which is reserved for the Sky Lounge social nightclub and Celestial Casino), users can still delight themselves on the other floors. Each space is designed to be one-of-a-kind, and is equipped with exclusive decor befitting the space’s utility. 

Upon entering Galaxy Tower, users arrive at the teleportation sphere on the Ground Floor, which allows them to navigate through the various spaces within Galaxy Arena. On the First Floor is the Cosmic Zoo, where users can view a collection of otherworldly creatures and wild animals. The Galactic Planetarium gives users the chance to attend educational and entertaining shows on astronomy, view the night sky, and admire planets and other celestial objects.

Head up to the Sub Third Floor, where you can immerse yourself in the stunning underwater gardens of the aquarium and take in the views of the tranquility pools. This is the perfect place for one to unwind and just let loose. Users can also take a look at cosmic aquatic species here.

The Exterior is the core ring of Galaxy Arena, which will have the highest foot traffic in the entire Galaxy Arena metaverse. This space has billboards and banners, making it a great place for corporations’ marketing, advertising and sponsorships. Users can also get updates on upcoming events through this space.

There’s still a lot of undiscovered space and outlands within the Galaxy Arena metaverse, and the team is currently working on developing the space so that users can continue to be entertained as they explore the Galaxy Arena world. 

ESNC is the main platform token of Galaxy Arena. You can earn ESNC by engaging in all kinds of activities within the Train to Earn system, or you can purchase them through Bybit. 

As the platform’s primary utility token, ESNC is used to:

Now that we’ve gone through the foundations of Galaxy Arena, let’s take a look at its tokenomics. There’s a total supply of 1 billion ESNC tokens, with 35% set aside for rewards and the ecosystem, 15% allocated to the development of the project, 15% to the team, 15% to marketing, 10% to private sale, 5% to maintain liquidity, 2.5% to the IDO sale, 1.5% to KOL and 1% to the IEO sale. 

In case you’re worried about inflationary pressure on the value of ESNC tokens, you’ll be glad to know that the Galaxy Arena team has imposed an anti-dumping mechanism by introducing vesting periods during which tokens will be locked for a certain amount of time. This allows the team to ensure that token holders won’t be able to sell a large amount of ESNC tokens in one go and cause the value of ESNC to tank. Furthemore, the token utilities of ESNC will help to ensure that its value maintains and even increases over time.

Ready to start earning rewards from training in the comfort of your own home? Start investing today at 

, where 8.6 million ESNC tokens are ready to be earned through either committing 

Galaxy Arena vs. Other Metaverse Projects

 is one of the best-known metaverse projects that gives users the chance to explore the digital world and own digital real estate. Users can play games, interact with one another and purchase land parcels to build their own art galleries, virtual offices, games and even storefronts to sell items. These land parcels give users the opportunity to earn an additional income. While there are many things to do in Decentraland, Galaxy Arena stands out in the sheer number of activities on the platform, as well as its multiple revenue streams. 

Galaxy Arena doesn’t just give users the chance to play games, own digital real estate and socialize, it also provides a platform for users to exercise and earn at the same time, advertise, watch performances, and visit the zoo, aquarium and planetarium. These added features, along with additional features to come in the near future, sets Galaxy Arena apart from popular metaverse projects such as Decentraland.

 seems to be based on the same premise of a galactic world, Galaxy Arena proves to be a better metaverse project simply based on the number of available activities for earning rewards within the Galaxy Arena metaverse. Furthermore, it taps the idea of M2E, which incentivizes people to keep fit through interactive games. 

Galaxy Arena is one of the few projects to tap VR to fully immerse its players and seamlessly bridge the real world with the virtual one. As such, investors may be better off investing in Galaxy Arena, a project that sets itself apart, as opposed to others. 

 is a popular M2E app that rewards users with 

 and Sweatcoins for the number of steps they take each day. The first 5,000 steps give a user SWEAT tokens, while the subsequent 5,000 steps produce Sweatcoins, the in-app currency for them to purchase vouchers. 

While Galaxy Arena also has an M2E element, it utilizes VR and AR technology to include all kinds of exercises. Users aren’t limited to taking steps. Instead, they can also earn through stretching, yoga, boxing, weight training, jogging and dancing. The ability to give users a variety of workout choices gives Galaxy Arena an edge over its competitors.

Galaxy Arena is certainly an exciting metaverse project. It not only provides users the chance to explore a galactic world filled with tons of experiences, but encourages users to engage in various activities to earn rewards. The platform combines the various X2E concepts into one entire hub, truly making it a space for users to do whatever they want — be it play games, exercise, socialize, advertise, watch performances or even shop. With its stunning graphics and numerous utilities, Galaxy Arena looks to be a great project for both users and investors.

Since its aim is to become a leading state-of-the-art metaverse, you can be sure that the innovation of Galaxy Arena won’t stop here. The project

is set to incorporate even more features in the near future through its undiscovered space and outlands, so users can definitely look forward to more new experiences within its metaverse. With a healthy and solid gaming rewards economy, Galaxy Arena is positioned to prosper. Investors may wish to get in early to reap the most rewards.

The Galaxy Arena ecosystem’s ESNC tokens appear to be a great long-term addition to any crypto portfolio. As described above, Galaxy Arena stands out from other metaverse projects in that it caters to every user profile out there. Whether you’re a corporation looking to advertise your brand, a fitness junkie looking for a more conducive way to exercise, a fan of MMA fighting events, a gamer, an entrepreneur looking to set up your own online store, or even an individual looking to achieve some fitness goals, Galaxy Arena has a spot for you. The future of the project looks promising, especially since the development team is on a continuous journey to innovate more features to keep users coming back for more. We are definitely bullish on this project.

Galaxy Arena (ESNC): A Move-to-Earn Galactic Metaverse

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards