Silks is a play-to-earn metaverse, meaning collectors can earn rewards by playing the game, which mirrors the thoroughbred horse-racing industry, complete with thoroughbred racehorses sold as NFTs. The team behind the project is massive and includes founders like Dan Nissanoff, Troy Levy, Benjamin (Binny) Plotkin and Michael Lira, all of whom have extensive experience as entrepreneurs, developers and project managers. The NFTs depict horses modeled after real-life thoroughbreds. When a real-world horse wins a race, the person who owns the horse’s NFT in the Silks metaverse earns a reward.

Another crypto long-term investment is a competition platform called Lucky Block. It enables participants to receive rewards by entering draws. Lucky Block is considered to be an NFT competition platform that provides players access to Platinum Rollers Club NFT, a virtual area where players can compete for the main prize of $50,000. It’s paid out in LBLOCK, the project’s native token. The platform also hosts weekly NFT draws on Fridays. To partake, players need to buy five tickets at $1 each. The great thing about this platform is that it doesn’t charge transaction fees for ticket purchases. Lucky Block is always looking for ways to innovate its platform to make it more efficient and practical. The first thing it has done is develop two coin versions. The first coin is a BEP20, which offers rewards and comes with a 12% tax. The second version coin, an ERC20, doesn’t have any tax attached, but it also doesn’t offer rewards. The key reason for establishing the ERC20 version was to get LBLOCK listed on centralized exchanges, which has happened on LBank and MEXC.