The Next NFT Gaming Revolution – Edensol’s Solana-based Metaverse
Non-Fungible Tokens (NFTs) have become the go-to killer application for the gaming sector. The reason is simple: NFTs are a form of asset whose ownership is recorded on Blockchain and corresponds to a unique and specific digital piece of art, image, video – or in-game tool. This means that, for the first time ever, gamers can finally earn money with their talent (play-to-earn gaming), and metaverses can turn gameplay elements (characters, accessories, and even virtual land) into tradable assets with real-world value. Unsurprisingly, NFT gaming is experiencing a head-spinning period....
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NFT gaming is on fire: Prices for NFT land plots are estimated to have risen on average 400% to 500% between September 2021 and January 2022. The “big four” NFT metaverses – Decentraland, Somnium Space, Cryptovoxels and Sandbox – will double their NFT revenues in 2022. On February 20th, Axie Infinity, the world’s leading NFT […]
The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall. Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea.In addition to supporting projects built on Solana (SOL), the fund will help keep some Terra-based projects afloat following the collapse of that ecosystem last month.The Solana Foundation believes the developers from....
Solana Ventures, the investment arm of the Solana blockchain, FTX, and Lightspeed, a venture capital firm, have announced the launch of a joint web3 gaming initiative. The fund will have $100 million at its disposal to invest in gaming projects using blockchain-based systems in the Solana network. The fund has already made its first investment in Faraway, a Solana-based gaming company.
Solana Ventures, FTX, and Lightspeed Put Funds Behind Blockchain Gaming
A new blockchain gaming fund has been launched by Solana Ventures, the investment arm of the Solana blockchain, FTX, and....
Video games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how Binance NFT is building the Gaming Metaverse.
Main Takeaways:
Since June, Binance NFT has become the world’s largest centralized NFT gaming marketplace, successfully on-boarding over 60 gaming projects and selling over 1 million gaming NFTs.
Binance NFT has recently launched the first-ever Initial Game Offering (IGO) as part of the vision to build a home for NFT gaming, but most importantly, a....
The gaming company behind the smash hit PUBG Series will launch an “assault” into the NFT battlegrounds. The world’s leading video game publishers are experimenting with Web3 gaming, utilizing NFT assets and cryptocurrency-based ecosystems in the process. A well-known gaming company with a tremendously successful brand is developing blockchain-based games — specifically, on Solana. Krafton, […]