NFT, GameFi and the BSC — An NFT Collection Designed for Success
When NFT giants such as CryptoPunks first launched, they could not imagine the connection between NFT’s and GameFi and focused on their sole collection of Punks. In Q3, NFT sales amounted to over $10.7 billion, which was partially due to an increase in the amount of creative and unique collections, as well as technological innovations, such as the integration with GameFi. For those that do not yet know — An NFT is a Non-Fungible Token, such as digital artwork, that cannot be replaced with something else, as it is non-fungible. GameFi represents a mix of decentralized finance (DeFi) and....
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The season 1 NFT collection of 6000 Party Grandpa by the Retirement club was sold like hotcakes. The Retirement Club is back with season 2 of a more exciting NFT collection called Degenerated Granny Retirement Club which includes 20 rare & honorary NFT representing the most influencing women of all time. Retirement Club has a dedicated team of veterans who are very passionate about delivering more than what they promise in their road map. Their season 1 was a major success, thanks to the community so here they are with another major hit, the Degenerated Granny Retirement Club. The NFT....
Since 2021, Play to Earn (P2E) games have boomed. Following the success of Axie, all kinds of P2E games have popped up to join the feast, each demonstrating unique advantages in this carnival. Some projects beat all the first-gen GameFi projects with improved gameplay but became outdated as the GameFi popularity dwindled. Some project teams […]
While NFTs could change the gaming economy, some blockchain-based projects can be less than honest. Over the last couple of years, games using blockchain technology have been actively developing and attracting new players, and the decentralized games market — broadly referred to as GameFi — has gained great popularity. The GameFi industry started back in 2013, and since then, the sphere has been slowly developing, but in 2021 the popularity of decentralized games exploded along with the boom in nonfungible tokens (NFT). According to the DappRadar analytical service, the total value of one....
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022. GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential.The GameFi ecosystem attracts GenZ investors and gaming enthusiasts. As a result, it stands as an entry point for numerous first-time investors. A ChainPlay survey participated by 2428 GameFi investors revealed that 75% of the respondents joined the crypto space solely....
The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more than 70% of September’s total gamefi subscribers in the top 20. Most Popular Project on the BNB Chain According to Coin 98 Analytics’ latest rankings of the leading gamefi projects, Gameta, a Web3 gaming platform, topped the list with 1.85 million subscribers as of September 28,....