Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support
Blockchain games, NFT creators and major corporations are looking to acquire space in the Metaverse. Here’s how the growing sector is impacting SAND, MANA, GALA and WAXP price. Bitcoin’s (BTC) recent foray back below $56,000 sparked a wide-ranging sell-off across the cryptocurrency ecosystem and talks of the price hitting $100,000 by the end of the year quickly morphed into concerns about an impending bear market that could thrust prices into the doldrums for a year or longer. While there appeared to be absolute carnage in the markets judging by peoples' reaction to the BTC pullback, not....
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As blockchain gaming and metaverse continue to gain huge acceptance from the global community, Meta Legends is the latest blockchain project to take a deep dive into the blockchain gaming space as the project looks to revolutionize the gaming industry with its unique industry-grade technology. Before blockchain came into the global gaming scene, games have […]
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 incredible price rally appeared in line with a bull run across gaming and metaverse tokens. Gala Games' in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22.GALA/USD four-hour price chart. Source: TradingViewGALA's gains primarily came in the wake of a price rally across a majority of gaming and metaverse crypto assets. For instance, MANA, the native token of Decentraland — a blockchain-based virtual world that allows users to....
Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses. The $200 billion gaming industry is rapidly becoming a key point of interaction between Web2 and Web3. In recent times, a growing number of gaming companies have integrated digital wallet support and nonfungible token (NFT)-based reward systems and even launched their own metaverses.The growing prominence of GameFi in the Web3 economy makes the likes of Animoca Brands believe that it would become an onboarding point for the Metaverse. During the Future Blockchain Summit, Animoca Brands....
Metaverse is the trending concept in the blockchain industry due to its massive potential in different sectors. Blockchain gaming is one sector that has embraced the metaverse, and GensoKishi Online “Meta World” is at the forefront of this development.
GensoKishi Online “Meta World” is a new metaverse and GameFi version of the popular GensoKishi game that more than 8 million people have played. It won the “Game of the Year” Gold Award in Taiwan in 2012 and is one of the most popular games in the Asian region.
GensoKishi Online....