How Wizardia’s Players (and Investors) Can Benefit from a Novel NFT Economy
As the NFT and Metaverse gaming space continues to make leaps and bounds in 2022, we are slowly witnessing the evolution of the gaming space – not only in terms of story, character and gameplay but also the underlying economies which form the financial foundations of a given project. One example of this is Wizardia. Wizardia is an upcoming play-to-earn fantasy Metaverse game where players take on the role of unique wizards represented by NFTs and battle each other in a bid to earn valuable resources and level up their NFT avatars. Wizardia is built atop the Solana (SOL) blockchain, a....
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The Magic of Wizardia’s Play-to-Earn Metaverse Wizardia introduces users to a fantasy world that has been overrun and distorted by a hostile fog. Life as we know it has been irreversibly changed, and the player-character must take on the role of one of many unique wizards to fight in order to survive – and even thrive. In game terms, this means battling other player-characters in PvP battle arenas, building home bases while contesting with a finite resource environment, taking part in tournaments, and solving puzzles with the help of other players in a cooperative game mode. The....
Increased activity within the cryptocurrency ecosystem within the past few weeks has given rise to many questions. The fallout of critical decisions has also raised questions as to who benefits or gets hurt as the crypto space develops. Iconomi adviser on business model development, strategy and branding, Zenel Batagelj speaks to Cointelegraph on the three key segments involved in the new crypto economy. The key players. Batagelj says that there are three key segments involved in the new crypto economy. First, there are those directly involved in cryptocurrencies, who believe in the new....
Per a report from Bloomberg, crypto investors in Japan might soon benefit from a change in the country’s regulation. The Japanese Financial Service Agency (FSA) has filed a proposal that would grant benefits to individual and corporate investors in the digital asset sector and the legacy financial sector. Related Reading: Hodlnaut Under Creditor Protection Following […]
By definition, a savings account is designed for businesses and people to save cash for emergencies or urgent expenditures in the future. However, banks and financial institutions, including the Fed, are doing exactly the opposite of what people require to maintain financial security. The general population does not benefit. The Federal Reserve raised interest rates this week, to cope with the rising inflation rate and maintain the stability of its economy. In simpler terms, a rise in interest rates means that the central bank is printing out more fiat money to distribute to the economy.....
UK-based banking giant HSBC sees blockchain technology to benefit state-installed central banks, institutions that are tasked and responsible for a country's economic growth and wellbeing. In a document obtained by Business Insider, HSBC sees the potential of blockchain technology to transcend private and investment banks and influence or even enhance central banks' policies. The publication reports that HSBC sees central banks' current method of helping the economy through interest rates has a few drawbacks. Notably, there's no guarantee of the money pumped into the real economy as the....