2022 Will Be the Year When NFTs Explode Into Hyperspace. Here Are Some Projec...
Back in 2020 if somebody were to claim that the nonfungible token (NFT) market would scale up to the heights it currently sits atop today, it would not be an unreasonable reaction to completely brush aside the notion. However, fast forward to 2022, and over the course of the last 12 odd months, conservative estimates […]
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Ethereum-based ERC tokens have consistently remained strong throughout the crypto winter. Projects created using the ERC standard benefit from high levels of security and decentralization as well as Ethererum’s large user base. However, with there being hundreds of ERC projects on the market, finding one set to explode can be quite troublesome. Throughout this article, […]
NFTs are all the rage today. Among their multiple use cases, NFTs in games are one of the most popular utilities. Various industries, including games, music, sports, and more, are using NFTs for a wide range of purposes. NFTs can potentially change how users interact with each other within or outside the gaming world. Let’s find out how the top projects in the blockchain industry are leveraging NFTs and more about the Nine Chronicles NFT project. How is the Gaming Industry using NFTs? Game NFTs have multiple use cases. For one, they help ascertain ownership of in-game assets. This....
We have seen non-fungible tokens (NFTs) make big moves in the sports industry this year. And multinational professional services network Deloitte has said that sports NFTs are not going anywhere. According to predictions that the consulting giant released on Wednesday, sports-related NFTs will account for more than $2 billion in transactions next year. This amount […]
One of the best buy indicators in bitcoin flashed this week, suggesting the price is primed to explode.
Jesse Powell said the exchange will expand into a marketplace for nonfungible tokens and NFT-backed loans beginning in 2022. Kraken founder and CEO Jesse Powell recently shared in an interview with Bloomberg News that the crypto exchange will launch a nonfungible token (NFT) marketplace that will enable users to borrow funds against their NFTs. Powell explained that the company plans to enter the NFT space in early 2022 and hopes to add the feature to determine the liquidation value of an NFT and if it can be put up as collateral for a loan.“If you deposit a CryptoPunk on Kraken, we want....