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....
Related News
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....
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....
Yosuke Matsuda, president of Square Enix, a leading game developing company, has voiced his opinion about the rise of new technologies and trends like NFTs, blockchain gaming, and the metaverse concept in the gaming space. Matsuda explains the business strategy around these, detailing how Square Enix is moving to include them in their upcoming games.
Square Enix Reveals New Tech Strategy
Yosuke Matsuda, the president of Square Enix, the game company behind multibillion-dollar franchises like Final Fantasy, has detailed the next steps when it comes to including new,....