Cryptocurrency has experienced plenty of ups and downs over the span of its existence, but lately it has made a strong comeback in the market with numerous improvements. Various projects are already underway, from Amazon's upcoming NFT Marketplace to Chiliz's $50 million incubator, that aim to further strengthen the cryptocurrency sector.

Amazon's Digital Marketplace will be available to users in the US as of April 24th and will be gradually expanded to the rest of the world. Not only will this provide an opportunity for NFTs to become more widely available to the public, but it could also open those interested to plenty of new prospects.

ImmutableX, an Ethereum scaling system, is set to launch its Immutable Passport in April. This project gives priority to Web3 gamers by providing a non-custodial wallet, authentication, and gamer profile as well as fraud protection. Web3 games have so far not been as widely accessible as traditional video games and this could provide a significant boost to the industry.

On May 8th, the blockchain phone Saga by Solana will be released in many countries at the cost of $1,000. Included with this phone is the Saga Pass which will give users access to a limited NFT collection and other privileges when they pre-order the phone. This can work as an incentive for people to try out the phone as well improve their NFT collection.

A further push for Cryptocurrency has also been given by Chiliz. Through a $50 million incubator from Jump Crypto, the blockchain platform will be investing in more sports-based Web3 projects and create an exclusive sports-focused ecosystem.

The ongoing altseason has provided considerable changes and improvements in the cryptocurrency sector and more are still to come. Any potential investor should keep an eye out for new projects and launches so as to properly assess any potential opportunities.



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