NFT sales and blockchain games continue to grow despite the recent market slu...
Gen Z and growing interest throughout Asia have helped NFTs to shine brightly amidst volatility, according to a report from DappRadar. January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin and other cryptocurrencies. Some have attributed the slump to recent federal intentions to introduce new rate hikes, and the political turmoil in Kazakhstan which significantly lowered the hash rate of bitcoin. On Jan. 14, the price of Bitcoin dipped below $42,000 as traders continued to hold out hope for bullish signals. NFT trading....
Related News
A report published by the Blockchain Gaming Alliance shows that nonfungible token games generated billions in revenue in the third quarter. Blockchain gaming continues to grow and dominate the nonfungible token (NFT) space with a share of roughly 22% of all NFT trading volume in the third quarter of 2021, according to a report released by the Blockchain Gaming Alliance, or BGA. The report showed that NFT games accumulated $2.32 billion in revenue between July and September. Metaverse-related activity was also highlighted in the report. It showed that virtual land sales reached $42.6....
With the gaming industry continuing to grow in size and value, some companies are looking into building games around Blockchain to take advantage of cryptocurrencies, tokens, and their benefits. Whether it might be a trading card game, MMO or RPG, the use of virtual currencies in games is getting popular. Blockchain-backed assets. In recent years, games have entered the markets using Blockchain features such as wallets or tokens to secure and back in-game items. This way players have more ownership of the items or currency they loot and purchase. With a Blockchain record, players are....
Web3 games and metaverse projects have raised $748 million in funds last month. The GameFi sector remains a leading force in the blockchain and crypto space despite the ongoing downturn in the crypto market. Recent numbers from DappRadar revealed that web3 games and metaverse projects have raised $748 million in funds last month. This was up 135% from July, but is still a decline of 16% compared with June.Blockchain gaming collected $3.1 billion in investment last quarter; so far in 2022, it has added $6.9 billion in funds. This year's forecast seems to indicate that investments could....
Playing games is one of the important aspects of growing up. Everyone in this world would have played lots of games while they were kids. Games can either be well known outdoor games, board games or even made up games. However, there are few universally played board games which are available in toy stores across the world. Games like Chess, Monopoly, Battleship and Checkers are some of those games. As we grow up, we somehow stop playing them, unless we have plenty of time or got some kids running around at home who would want us to play with them. But who said the same has to be confined....
Less than two weeks are left before the start of one of the most anticipated blockchain games of 2021 — Cryptosnake. Now the project already has more than 60 thousand active community members who are waiting for the start of the game. Two whales even bought two game NFT Artifacts for 100,000 BUSD each. The total amount of sales of game artifacts even before the start of the game is over 500,000 BUSD. Info: Cryptosnake is a play-to-earn game with DeFi and NFT, the first blockchain game on the BEP-1155 standard. The gameplay is based on the nostalgic “Snake”. The release is....